Prediction markets have made betting easier than ever—and young men are paying the price

Prediction market platforms like Kalshi and Polymarket are experiencing rapid growth, with over $1.2 billion traded on the Super Bowl and $120 million on the Oscars. These platforms allow betting at age 18, younger than traditional sportsbooks (21+), creating a public health concern as young users report significant losses and gambling addiction. Major financial platforms including Robinhood and Coinbase are entering the market, intensifying accessibility and competition.