Tuesday, March 17, 2026 2:13 PM
US research into the public’s attitudes toward prediction markets such as Kalshi and Polymarket suggests many Americans see them as closer to gambling than investing.
The survey, which was conducted by market research firm Ipsos and the American Institute for Boys and Men, found that 61% of those polled believe trading on prediction markets resembles gambling, while only 8% view it as investing.
Ipsos surveyed 2,363 adults between February 27 and March 1, with the majority being men aged 18 to 24, according to Axios.
Young men are more at risk of developing gambling addiction, according to American Institute for Boys and Men policy lead Jonathan Cohen, who added that prediction markets are “particularly problematic.”