A prediction market is a platform that facilitates betting on countless real-world events, spanning politics, culture, economics, and sports. Its defining feature is the buying and selling of contracts. Prediction markets are peer-to-peer, meaning users bet against each other, with the platform typically charging transaction fees. This is distinct from a betting
Parlays Are Bad For Your Brain: The Near-Miss Effect
Parlays bets often come close to winning but fall short, creating a risky near-miss effect for the brain. Parlay bets are bad for your mind.
What Is Problem Gambling? Signs In February 2026
Problem gambling involves losing the ability to control your gambling activity, leading to adverse effects on your life.
State Of The Union Odds: Over $22.5M Bet And Counting
Consider exercising caution if you’re betting on websites offering odds on President Donald Trump’s State of the Union address on Tuesday, Feb. 24. As of Tuesday afternoon, more than $22.5 million had been traded on the leading prediction markets. Platforms such as Kalshi and Polymarket offer gambling on what Trump will say
Do Betting Win/Loss Statement Trackers Reduce Harm?
New York sports betting platforms may soon periodically deliver users’ win/loss statements for their gambling. The statement notifications would not be optional. Assemblywoman Rebecca Kassay, a Democrat, introduced Assembly Bill A10329 on Feb. 20, 2026. Her legislation would require operators to send monthly win/loss statements without user request. The bill is not