An Analysis Just Found Something Extremely Unflattering About What Happens to Users of Prediction Markets
Frank Landymore
created: Feb. 6, 2026, 8:06 p.m. | updated: Feb. 12, 2026, 2:39 a.m.
Using Juice Reel’s data, it found that in the first three months, users on prediction markets like Kalshi were losing more money than on traditional gambling sites like FanDuel and DraftKings, in proportion to the amount of money they wagered.
Last month, for example, Kalshi partnered with CNN to provide real time prediction data on its broadcasts.
These add heft and credibility to their projections, even though Kalshi’s and Polymarket’s projections are entirely determined by users’ bets.
She also claimed that Juice Reel’s founder offered to “defuse the situation” if he was given a meeting with Kalshi’s CEO.
The touchy response from Kalshi also comes amid increasing calls to regulate prediction markets after several scandals captured national attention.
5 days, 7 hours ago: Futurism