Most Americans don’t know much about prediction markets. But what they do know has them worried.
A Scripps News/Talker Research survey of 2,000 Americans finds widespread concerns over platforms allowing users to bet on things like elections and military actions, with little confidence that prediction markets can prevent insider trading or bad actors from taking advantage.
The results come amid a series of headlines about lucrative trades made just before world events, and as some lawmakers push for more oversight over industry leaders Kalshi and Polymarket.
While Americans are split over betting on sports, wagering on current events garners higher scrutiny.
