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79% of prediction-market users have lost money, and many borrow to keep betting, survey finds

A BadCredit.org survey found 79% lost money and more than half used borrowed funds, as experts warn the platforms can drive debt.

Summary by WTVR
Prediction markets are surging, but experts warn that borrowing money to bet on events can quickly turn entertainment into debt and financial trouble.

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79% of prediction-market users have lost money, and many borrow to keep betting, survey finds

Prediction markets are surging, but experts warn that borrowing money to bet on events can quickly turn entertainment into debt and financial trouble.

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KBZK broke the news on Thursday, September 10, 2026.
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