Prediction market users report 79% loss rate in US survey
A new U.S. survey has found that 79% of prediction-market users lost money during the past year, while 51% used borrowed funds to place bets. Summary 79% of users reported losses, including 27% who lost more than $500. Among users who borrowed money, 88% reported losses, compared with 69% of non-borrowers. 53% joined for income-related…
