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.
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
‘Responsible Gambling’ Often Ineffective, WHO Says
Legalized sports gambling is a growing global public health threat, according to a 2024 WHO fact sheet.
U.S. Online Sports Betting Addiction Statistics – February 2026
As many as 50% of online sports bettors struggle with some severity of problematic gambling.