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Prediction Markets aren't good bets

  • Writer: Mikel C Wein
    Mikel C Wein
  • May 5
  • 1 min read

The Wall Street Journal (5/3/26) reports that almost everyone loses on prediction markets. Only 0.1% of accounts on Polymarket get 67% of the profits and unprofitable users outnumber profitable users 2.9:1 on Kalshi. It's time for federal regulation!


 
 
 

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