Prediction markets, and especially sports event contracts, are often seen as not gambling, despite concerns raised by the National Council on Problem Gambling (NCPG) revealing that 45% of Americans equate prediction markets to a form of gambling.
Prediction markets, including sports event contracts, are often perceived as not being gambling, despite Kalshi's affiliation with the National Council on Problem Gambling (NCPG). However, a survey by the NCPG revealed that 45% of Americans view prediction markets as a form of gambling. This has sparked concerns among health experts and specialists in gambling addiction...