How Prediction Markets Are Becoming an Information Source for US Voters
By:BeInCrypto
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
A Paradigm-Echelon Insights poll of 1,000 likely voters revealed that over one-third already use prediction markets, whether its to place bets or check odds. The findings arrive as prediction market open interest recently reached a record high of $1.3 billion, driven by surging user adoption on platforms like Polymarket and Kalshi. Why it matters: Prediction markets are shifting from niche trading venues into mainstream information tools used by tens of millions of Americans. 19% of respondents browsed odds without placing bets, per Paradigm, positioning these platforms as information tools. The space has also attracted significant interest from institutions and Wall Street. The details: According to the survey, 36% of voters already use prediction markets. 11% of respondents placed bets, 19% browsed odds only, and 6% did both. 38% of voters ages 18-34 placed money on outcomes, compared to just 3% of those 65 and older. Black and Hispanic voters reported higher usage rates than white voters. Men participated at 46%, compared with 31% for women. 35% of respondents backed that prediction markets should be legal, while 24% favored legalization in some instances.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
SlowMist has yet to confirm crypto theft from iPhone Safari attack
Cointelegraph•2026/09/25 12:33
ANDERSEN GROUP INC : TRUIST SECURITIES RAISES TARGET PRICE TO $70 FROM $55
Reuters•2026/09/25 11:35
ACADIA PHARMACEUTICALS INC. : CITIGROUP CUTS TARGET PRICE TO $33 FROM $40
Reuters•2026/09/25 10:09
COMCAST CORPORATION <CMCSA.O>: CITIGROUP CUTS TARGET PRICE TO $27.5 FROM $30
Reuters•2026/09/25 10:07
Crypto prices
MoreBitcoin
BTC
$84,467.35
+1.19%
Ethereum
ETH
$2,715.66
+2.75%
Tether USDt
USDT
$0.9998
+0.02%
BNB
BNB
$777.95
+0.97%
XRP
XRP
$1.62
+9.43%
USDC
USDC
$1.0000
+0.02%
Solana
SOL
$120.53
+6.27%
TRON
TRX
$0.3371
-0.92%
Zcash
ZEC
$1,593.16
+7.30%
Hyperliquid
HYPE
$93.31
+1.99%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now