> It'd be much more useful for everyone if a portion of sports and other gambling spending can be redirected towards them. The problem is that prediction marke

> It'd be much more useful for everyone if a portion of sports and other gambling spending can be redirected towards them. The problem is that prediction markets is typically about very rare stuff, that happens once or twice a year. You typical sports punter doesn't have the patience for this kind of long bets. > Hopefully they stop being hindered and become more popular so liquidity increases though That's just a US problem (as always). In the rest of the world there are no major blocks to create prediction markets. In some form, they already exist - BetFair has election betting, ...