Prediction Markets Addiction
Prediction markets are platforms that let users wager on the outcomes of political events, economic data, sports, and almost anything else. They are among the newest frontiers of compulsive gambling. They carry an intellectual framing that makes them feel like you’re not betting. However, the dopamine cycle underneath is identical to gambling.
For people with gambling disorder, prediction markets combine the worst of sports betting and financial speculation in a format that’s accessible (even to under 21 year olds), always open, and socially normalized in ways traditional gambling never was.