Published on: June 9, 2026, 01:17h.
Updated on: June 9, 2026, 01:17h.
- Public sentiment is divided regarding the classification of prediction markets as gambling.
- Approximately 50% of those surveyed believe that engaging in prediction markets aligns closely with gambling.
- The Harris Poll, commissioned by the National Council on Problem Gambling, explored public perceptions on prediction markets.
Prediction markets have garnered considerable attention in both the gaming and financial sectors, sparking discussions for various reasons. Recent polls reveal that the American populace is split on whether these online platforms are mere gambling tools or genuine financial investments.
Representatives from the National Council on Problem Gambling (NCPG) commissioned The Harris Poll to survey over 2,000 adults in the US to understand their views on prediction markets.
The poll discovered that nearly half (45%) of U.S. citizens perceive prediction markets as akin to gambling, while less than 30% (27%) believe they are primarily a form of investment.
“These results suggest that the public acknowledges prediction markets as platforms that may carry similar risks associated with gambling,” commented Heather Maurer, the NCPG’s executive director.
Since its inception in 1972, the NCPG has dedicated itself to reducing the personal, societal, and economic repercussions of problem gambling. The organization operates from Washington, DC.
The Need for Consumer Safeguards
The Harris Poll, under the NCPG’s direction, found robust support among Americans for implementing consumer protection measures for prediction markets that reflect those imposed on online gambling sites. The survey indicated that 84% favor regulating prediction markets similarly to sportsbooks regarding consumer protections.
“Regardless of their legal classification, Americans evidently believe that when financial risks and repeated engagement are involved, meaningful consumer protections are necessary,” remarked Maurer.
“As these platforms grow, there is an increasing need for public consciousness, educational initiatives, and access to support mechanisms,” Maurer emphasized. “As retail participation in financial markets evolves, the NCPG remains committed to advancing consumer education and proactive harm prevention efforts.”
The NCPG is advocating for more research to comprehensively understand the emerging risks associated with prediction markets, particularly concerning trading addiction. They also aim to enhance consumer education and encourage platform compliance with the NCPG’s Responsible Play program.
Poll: Potential for Prediction Market Addiction
A noteworthy outcome from The Harris Poll regarding prediction markets is that a significant majority believe trading on these platforms carries a high risk of addiction.
When asked if “individuals might develop unhealthy or addictive behaviors related to prediction market platforms,” 85% of respondents answered affirmatively. However, only around half (56%) claimed they would know where to access help if they or someone they know encountered issues linked to prediction market usage.
About 82% of those surveyed indicated they would endorse the requirement for prediction markets to provide “responsible gaming or consumer protection tools” such as deposit limits, cooling-off periods, and readily available assistance for gambling-related issues.