Prediction Markets Hit New Milestones, but Most Traders Are Losing, WSJ Finds
BeInCrypto
While prediction markets like Polymarket and Kalshi are seeing record volume, recent data indicates that the vast majority of retail traders are losing money.Summary
Prediction markets have experienced significant growth, with monthly volume reaching $29.8 billion. However, analysis by the Wall Street Journal reveals that profits are highly concentrated, with a small fraction of sophisticated accounts capturing the majority of gains. Most casual users on platforms like Polymarket and Kalshi are suffering financial losses, with some traders faring worse than they would on casino slot machines.
(Source：BeInCrypto)