【Crypto World】The excitement of the NFL playoffs has sparked a feast of prediction markets. Trading volume on decentralized prediction platforms like Kalshi and Polymarket has hit record highs, with Kalshi’s bets soaring to the $900 million mark just last weekend, directly challenging the traditional sports betting market.
The most obvious pressure is on the long-established competitors. Over the past year, the stock price of a leading sports betting platform has fallen by 14.5%, while another well-known entertainment company has dropped by 21%. This is no coincidence — more and more users are turning to prediction markets, especially in regions with regulatory restrictions.
Interestingly, these traditional giants have also sensed the changing winds. They are launching their own prediction market initiatives, trying to carve out a share. But the advantages of emerging platforms go beyond prediction markets themselves; they also include ecosystem diversity. Cryptocurrency trading, political forecasts, sports betting… these features combined are particularly attractive to users in regions where sports betting is restricted.
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SerLiquidated
· 2h ago
$900 million weekend gone in a flash, this must be the end of traditional gambling
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Polymarket is truly amazing, the old giants are panicking haha
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Smart people are turning to prediction markets, avoiding regulation while also making money
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A 21% drop is well-deserved, might as well have embraced DeFi earlier
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Ecological diversity is indeed top-notch, it's not just about betting on football
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Looking at this trend, traditional gambling should retire, a new era is here
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Just want to know how long this market trend will last, will there be more next month
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Kalshi is growing wildly, everyone brace for a crackdown
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The old giants' self-rescue plans are probably too late, the ship has already sunk
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Prediction markets are truly the ultimate tool for harvesting profits, but who cares, I love playing with them
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SurvivorshipBias
· 01-14 12:02
$900 million in a weekend? The traditional gambling folks are really panicking, haha
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NFTHoarder
· 01-14 02:50
Haha, traditional gambling is really outdated. Still trying to copy? It's too late, everyone.
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900 million USD in a weekend? Damn, this is the power of decentralization.
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Users from regulated regions secretly go on-chain to play. Isn't this a routine operation?
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Polymarket should have taken off long ago. I'm just waiting to see traditional giants get beaten.
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The diversity of the ecosystem is indeed a strength. They can play, so can we. What about the other way around?
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Stock price down 21%, haha. Serves them right. Clinging to old models will only lead to their downfall.
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Want a piece of the pie? Everyone has already left, and you're only reacting now. Truly hilarious.
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StillBuyingTheDip
· 01-14 02:48
Haha, traditional gambling giants are finally panicking. It's time for them to taste the feeling of being disrupted.
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Kalshi $900 million in a weekend? That number left me stunned.
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Established gambling companies fell 21%. Serves them right. Web3 should have taken down these big players long ago.
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Ecological diversity is where Polymarket wins. It's not just sports; you can bet on anything.
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This regulatory loophole is truly a gold mine. Once the SEC reacts, it’s game over.
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What should traditional giants learn? Their core technology is too far behind; they’re just copying trends.
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Prediction markets are the real democratic capitalism. Anyway, I’m holding my position steady.
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$900 million traded over the weekend? Why didn’t I join in? Missed that FUD.
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Wait, is this really just a fundamental trend, or are we on the verge of another crash?
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MetaDreamer
· 01-14 02:47
Whoa, $900 million in a weekend? Traditional gambling really can't sit still anymore haha
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The prediction market is incredible. Now even the old giants have to follow suit and develop on-chain versions. By the way, can they come up with new tricks?
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Businesses that grow out of regulatory gaps are the most powerful. That's why Polymarket can take off.
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The stock price drops 21% and you still want a piece of the pie? The reaction speed of centralized platforms is truly disappointing.
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I'm a bit curious about how traditional giants' own prediction markets will turn out. I guess they'll still be crushed.
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Sports betting + political predictions + crypto market hedging—this ecosystem combo is something traditional gambling can't do.
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But honestly, this wave of impact has just begun, and it will get even crazier later.
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SwapWhisperer
· 01-14 02:38
900 million USD in a weekend? The old-school gambling sites are really done for.
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ShibaMillionairen't
· 01-14 02:33
$900 million was spent over the weekend, and traditional gambling giants are really panicking haha
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Rugpull幸存者
· 01-14 02:23
900 million USD in a weekend, traditional gambling really can't hold up anymore haha
Been in the crypto space for a while, seen too many businesses revolutionized, but this time it's truly different
The data from Kalshi is really outrageous, it makes me think of some platforms that previously said they wanted to do prediction markets and what happened...
Ecological diversity is definitely an advantage, but I still have some doubts about whether there will be new regulatory risks
With the stock price falling like this, traditional competitors should be pretty anxious now haha
I'm wondering, is this prediction market boom also a bubble?
Market "Disruptors": Annual Trading Volume Breaks Records, Traditional Sports Betting Giants Face Difficulties
【Crypto World】The excitement of the NFL playoffs has sparked a feast of prediction markets. Trading volume on decentralized prediction platforms like Kalshi and Polymarket has hit record highs, with Kalshi’s bets soaring to the $900 million mark just last weekend, directly challenging the traditional sports betting market.
The most obvious pressure is on the long-established competitors. Over the past year, the stock price of a leading sports betting platform has fallen by 14.5%, while another well-known entertainment company has dropped by 21%. This is no coincidence — more and more users are turning to prediction markets, especially in regions with regulatory restrictions.
Interestingly, these traditional giants have also sensed the changing winds. They are launching their own prediction market initiatives, trying to carve out a share. But the advantages of emerging platforms go beyond prediction markets themselves; they also include ecosystem diversity. Cryptocurrency trading, political forecasts, sports betting… these features combined are particularly attractive to users in regions where sports betting is restricted.