Analysis: Prediction Markets Have a Gambling Problem - CoinDesk

1 day ago  · Academics get it: prediction markets aren't gambling because the house doesn't always win. But regulators around the world have differing opinions – and Polymarket is …


FAQs about Analysis: Prediction Markets Have a Gambling Problem - CoinDesk Coupon?

Did gambling culture go too far in 2024?

If 2024 was the year we asked whether gambling culture in the US had gone too far, 2025 might be the year we get an answer. It's impossible to ignore the recent cultural shift when it comes to gambling. ...

Is gambling changing our relationship with gambling?

The pervasiveness of betting — both in what you can gamble on and where you can gamble — is changing our relationship with it. In a 2024 survey of US adults by the American Gaming Association, 55% of respondents said they had participated in some sort of gambling over the past year, up from 49% the year before. ...

Are gambling companies succeeding at getting into more nooks and crannies?

These innovations don't rival something as clearly problematic as betting on fires, but they show that gambling companies are succeeding at getting into more nooks and crannies of society. ...

Are betting platforms sucking customers in?

Betting platforms and the gambling industry are designed to suck customers in and get them to bet at higher rates and in different ways. While Polymarket may be operating in a bit of a gray area, even the formal, highly regulated platforms in the US are enticing people to develop a deeper relationship with betting. ...

Is gambling morally acceptable?

In a 2024 survey of US adults by the American Gaming Association, 55% of respondents said they had participated in some sort of gambling over the past year, up from 49% the year before. And Gallup surveys suggest a healthy majority of Americans see gambling as morally acceptable. ...

Is gambling a 'tipping point'?

There are going to be a lot of "tipping point" moments for gambling in the months and years to come. For a lot of people, betting is a newfangled way to find some enjoyment and spice up life. But finding where the boundaries are — socially and legally — is a critical process where there aren't easy, straightforward answers. ...

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