To say that prediction markets have taken the world by storm would be an understatement. A recent report estimated that trading volume on prediction markets increased from under $100 million per month in early 2024 to more than $13 billion by the end of 2025.
Prediction markets allow people to trade contracts tied to the outcome of future events. That’s a fancy way of describing betting on events, from politics to sports.
The risks involved in prediction markets position it alongside cryptocurrency trading and help explain the industry’s explosive growth. It has launched companies such as Polymarket to mainstream fame…
