They Self-Blocked From Gambling. Prediction Markets Upended That
Newser
Former gamblers are relapsing due to prediction markets, sparking legal and clinical debates.Summary
Former sports bettors who had self-excluded from traditional gambling are finding themselves drawn back into addiction through prediction markets like Kalshi and Polymarket. Clinicians report that while the regulatory definitions of these platforms differ from sportsbooks, the psychological cycle of anticipation and action remains the same. As the industry grows, platforms are attempting to create voluntary self-exclusion programs, though these may not align with state gambling regulations or age restrictions.
(Source：Newser)