TLDR A new Ipsos poll of 2,363 adults found 61% of Americans view prediction markets as gambling, while only 8% see them as investing Just 9% of respondents are confident prediction markets can prevent insider profiting 91% of Americans familiar with prediction markets consider event contracts “financially risky” Only 4% of Americans believe prediction markets are good for society Young men aged 18-24 are far more likely to use prediction and gambling platforms than the general public
The majority of Americans believe prediction markets are a form of gambling rather than investing, according to a new poll from the American Institute for Boys and Men.
The Ipsos survey, conducted for AIBM, polled a nationally representative sample of 2,363 adults. It also included an oversample of 447 men between the ages of 18 and 24.
The results were clear. About 61% of respondents said prediction markets are more like gambling. Only 8% viewed them as a form of investing.
AIBM commissioned the study to understand how prediction markets fit into the broader gambling landscape in America. The organization wanted real data on public attitudes toward these platforms.
Americans Have Little Confidence in Market Safeguards
The poll also found deep skepticism about corruption protections across financial platforms. Just 9% of all respondents said they were confident prediction markets could stop people with non-public information from profiting unfairly.
That number rose to 27% among people who actually use prediction markets. But even among users, 70% said they were not fully confident insider trading was being prevented.
Online sports betting platforms fared only slightly better at 13% confidence. The stock market scored highest at 30%, but that was still lower than AIBM expected.
AIBM policy lead Jonathan Cohen said the stock market was included as a baseline comparison. He said the