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79% of prediction-market users have lost money, and many borrow to keep betting, survey finds

79% of prediction-market users have lost money, and many borrow to keep betting, survey finds
Photo: NewsChannel 5 WTVF (CBS affiliate) · view original

Prediction markets are booming, with users betting on everything from elections and sports to the number of measles cases this year. Platforms like Kalshi and Polymarket let users wager on real-world events from award shows and gas prices to weather patterns in cities across the globe. For some u...

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