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Prediction Markets vs. Gambling: The Structural Divergence of Financial Incentives
While gambling sites and prediction markets often target the same demographic, their underlying business models are polar opposites. Traditional gaming operators profit directly from user losses, creating a perverse incentive to hook the vulnerable and ban the successful. Conversely, modern prediction exchanges operate as neutral mediators, profiting from volume rather than deficits, which fundamentally changes the ethics of the platform.
Feb 27, 2026