Data

Study finds over 82% of Polymarket wallets lost money in 2025

Published Nov 4, 2026Updated 7h ago

More than 82% of Polymarket wallets lost money on resolved wagers in 2025, according to research cited by KRDO and KIRO 7 News Seattle. The Motley Fool reported the figure, which highlights the risks of prediction markets for retail participants compared to traditional stock investing. The high loss rate on the crypto-native platform suggests event-contract trading remains challenging for most users despite growing mainstream attention.

Why this matters?

The 82% loss rate lands as regulators and legislators are already probing retail harm. Senators Warren and Curtis have demanded internal trading data under bipartisan deadline, and state attorneys general in Ohio and Tennessee are watching headlines for evidence that event contracts are gambling products dressed as forecasting tools. High retail losses feed directly into those legal arguments and strengthen the hand of any regulator arguing that event-contract platforms need stricter consumer protection guardrails.

Polymarket cannot control how media frame its prices, but it will absorb the consequences of loss-rate stories used as ammunition. The platform's growth into mainstream attention has outpaced its ability to show sustainable user economics, and that gap is now a liability in multiple pending investigations. A second major study reinforcing this figure within the month would harden the narrative before any platform can respond with its own data.

In this story
Add Prediction News as a preferred source on GoogleGet our prediction-market coverage prioritized in your search results

Related Stories

More in Data
Legal

Polymarket affiliate PM Derivatives wins NFA approval as futures commission merchant

Legal

Arkansas attorney general sues Kalshi and VGW over alleged illegal gambling

Legal

Second Circuit panel denies Kalshi and Coinbase bids to pause state enforcement

Legal

U.S. appeals court denies Kalshi rehearing petition in Nevada sports-contract case

Legal

Arkansas attorney general sues Kalshi over alleged illegal gambling

Legal

Ninth Circuit denies Kalshi rehearing, starts Supreme Court clock