A new report from Citizens JMP says median losses are deeper on prediction platforms as retail traders face sharper, better-capitalized counterparties Retail users on prediction markets are losing more than legal sports bettors, with a median return of -8% since mid-2025 versus -5% on sportsbooks, while only the highest-volume prediction market traders are consistently profitable. Because prediction markets do not limit winning players, retail traders are more directly exposed to professionals…
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