Americans Secretly Bet Big on Polymarket

A new study reveals that Americans are secretly pouring billions into Polymarket — a crypto prediction platform blocked in the U.S. — with estimates ranging from $10.6B to $26.7B in trades over a year. Despite legal restrictions, U.S. users dominate the platform, especially in high-volume markets like elections and sports. Researchers at Rutgers, funded by a prediction market advocacy group but with full editorial control, used trade timing and market preferences to trace activity. While Polymarket offers a licensed U.S. app, its main crypto platform remains the hub for most trading. The study projects U.S. activity could balloon to over $130B by 2030 — proving this isn’t just a fringe phenomenon, but a massive, underground financial force. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3cb2e4a55f391437