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I Bet Sports Partnering With Prediction Markets Will Be a Disaster

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21.03.2026

I have never been a fan of prediction markets, having, at best, only ever really broken even when I’ve dabbled in it at Predict It. That said, I could not care less what you or anyone does with their money. Of course, I have opinions on how it is reported about what some do with their wealth, however I wouldn’t even entertain the idea of interfering legally, only judging and mocking. That being said, now that professional sports have gotten into bed with these companies, I predict things are going to go south pretty quickly as the remaining trust in sports will be compromised.

If you want to bet on sports, you’re absolutely free to. Like I said, I don’t care what you do with your money. But there’s a question I’ve asked before, often and for years, and I’ll ask it again: Now that it’s so easy to bet on sports, and in some states play casino games on your phone, is life better? 

I realize these things don’t have to make life better, freedom includes the freedom to screw up your life. But reports are that calls to gambling help lines are through the roof, because the odds always favor the house. So, while legalized things don’t have to make life better, should we embrace those which make life worse?

The Wall Street Journal reported Major League Baseball “signed a licensing deal with Polymarket, which as the league’s official........

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