Polymarket users lose money more often than they win

11 articles · Updated · The Washington Post · May 10

Data cited in the report shows 1,704,601 users lost money, compared with 764,988 who made money on the prediction market.
The report says losers typically forfeit only a few dollars, despite Polymarket advertising that users can get paid for their opinions.
The figures suggest most participants on the platform do not profit, underscoring the gap between promotional messaging and typical user outcomes.

Why do millions bet on prediction markets when a tiny elite reaps almost all the profits?

As news outlets partner with these platforms, is journalism becoming just another part of the casino?

When betting markets reward leaking secrets, how can national security be protected from insider threats?