Can you make money even if it rains and your business is ruined? Ice cream shop covered 43% of monthly rent with weather betting - Source
Can you make money even if it rains and your business is ruined? Ice cream shop covered 43% of monthly rent with weather betting - Source ‘28wishes’, an ice cream shop in Los Angeles, defends against declining sales due to cold weather with prediction market betting. - When the temperature drops below about 21 degrees, ice cream sales decrease by about 20%. - The management team invests about 1 million won per month into Kalshi’s weather-related level. - Up to 2.2 million won in profit per month is recorded through weather forecasting, which is equivalent to 43% of monthly rent. - It is s…
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