Prediction markets have a major problem as most Americans reject betting on elections

Share

An Ipsos poll published by Reuters shows that 69% of Democrats and 61% of Republicans oppose using prediction markets to bet on election results. The survey interviewed 4,506 US adults from September 30 to October 5 and found that the accuracy argument is not enough to win public support. The industry now needs to prove its markets are fair, not just accurate. Major concerns include conflicts of interest and insider trading, as demonstrated by congressional candidates fined for trading on their own races.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items