Prediction markets recorded a 75% QoQ increase in notional volume in Q3 2026.
The most comprehensive Prediction Markets Report ever is free to download. x.com/i/article/2119…
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Replying to @byPredicted
@byPredicted’s Q3 report on prediction markets, using our data:
If I had to pick one slide from the @byPredicted Q3 report, it's this one.

53% of @Kalshi's and 34% of @Polymarket US card deposits come from the 11 states where sports betting is illegal.

Insane data

Data: @americanspend
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Proud that @americanspend data is behind some of the great insights in the newly published report on prediction markets from @byPredicted.

It's a fascinating look at an emerging industry using our model of the American economy.
We just launched an incredibly comprehensive prediction market report over on @byPredicted

Recommend checking it out! 👇
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The PM Pulse 085

• @RobinhoodApp 𝗮𝗻𝗱 @Polymarket 𝗨𝗦 𝘀𝘂𝗲 𝗠𝗶𝘀𝘀𝗼𝘂𝗿𝗶
• 𝗠𝗶𝘀𝘀𝗼𝘂𝗿𝗶 𝗳𝗶𝗹𝗲𝘀 𝗰𝗼𝘂𝗻𝘁𝗲𝗿𝗰𝗹𝗮𝗶𝗺𝘀 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 @Novig
• @Polymarket 𝗨𝗦 𝗮𝗻𝗱 @cryptocom’𝘀 @OG_com 𝘀𝘂𝗲 𝗔𝗿𝗸𝗮𝗻𝘀𝗮𝘀
• @coinbase, @Kalshi, @Payward, ng 𝗮𝗻𝗱 @paradigm 𝗮𝘀𝗸 𝘁𝗼 𝗯𝗮𝗰𝗸 @CFTC 𝗶𝗻 𝘀𝘁𝗼𝗰𝗸 𝗽𝗲𝗿𝗽𝘀 𝗰𝗮𝘀𝗲
• @SenWarren 𝗽𝘂𝘁𝘀 𝗽𝗿𝗲𝗱𝗶𝗰𝘁𝗶𝗼𝗻 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗼𝗻 𝗵𝗲𝗿 𝗦𝗲𝗻𝗮𝘁𝗲 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗮𝗴𝗲𝗻𝗱𝗮
• 𝗪𝗮𝘀𝗵𝗶𝗻𝗴𝘁𝗼𝗻 𝗺𝗮𝗻 𝘄𝗵𝗼 𝗹𝗼𝘀𝘁 $𝟯𝟬𝟴,𝟬𝟬𝟬 𝗼𝗻 @Kalshi 𝘀𝘂𝗲𝘀 𝘁𝗼 𝗿𝗲𝗰𝗼𝘃𝗲𝗿 𝗵𝗶𝘀 𝗹𝗼𝘀𝘀𝗲𝘀
• @Polymarket 𝗮𝗱𝗱𝘀 𝘄𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗮𝗹 𝗮𝗱𝗱𝗿𝗲𝘀𝘀 𝗮𝗹𝗹𝗼𝘄𝗹𝗶𝘀𝘁𝗶𝗻𝗴
• @Novig 𝗶𝘀 𝗵𝗶𝗿𝗶𝗻𝗴 𝗮 “𝗖𝗵𝗶𝗲𝗳 𝗙𝗮𝗻 𝗢𝗳𝗳𝗶𝗰𝗲𝗿”
• @river_markets 𝗯𝗲𝗰𝗼𝗺𝗲𝘀 𝗮 𝗳𝘂𝘁𝘂𝗿𝗲𝘀 𝗰𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗺𝗲𝗿𝗰𝗵𝗮𝗻𝘁
• @jpmorgan, @UBS 𝗮𝗻𝗱 𝗦𝘁𝗶𝗳𝗲𝗹 𝗱𝗼𝘄𝗻𝗴𝗿𝗮𝗱𝗲 @DraftKings
• @Cboe 𝗹𝗶𝘀𝘁𝘀 𝗠𝗶𝗻𝗶-𝗥𝘂𝘀𝘀𝗲𝗹𝗹 𝟮𝟬𝟬𝟬 𝗯𝗶𝗻𝗮𝗿𝘆 𝗼𝗽𝘁𝗶𝗼𝗻𝘀
• @Underdog 𝘀𝗮𝘆𝘀 𝗶𝘁’𝘀 𝗳𝗶𝗿𝘀𝘁 𝘄𝗶𝘁𝗵 𝗹𝗶𝘃𝗲 𝗱𝗿𝗶𝘃𝗲-𝗯𝘆-𝗱𝗿𝗶𝘃𝗲 𝗺𝗮𝗿𝗸𝗲𝘁𝘀
• @byPredicted 𝗿𝗲𝗹𝗲𝗮𝘀𝗲𝘀 𝗶𝘁𝘀 𝗤𝟯 𝗦𝘁𝗮𝘁𝗲 𝗼𝗳 𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝗶𝗼𝗻 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗿𝗲𝗽𝗼𝗿𝘁
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I assume "most comprehensive PM report ever" was just hype, but no, this actually is the best *public* snapshot of what's happening in the space right now.
The most comprehensive Prediction Markets Report ever is free to download. x.com/i/article/2119…
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if you only read one prediction markets report this quarter, make it this one

sick work by @Ommiii_
The most comprehensive Prediction Markets Report ever is free to download. x.com/i/article/2119…
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major legacy media companies will start launching proprietary prediction markets starting before 2030
The most comprehensive Prediction Markets Report ever is free to download. x.com/i/article/2119…
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Absolute banger of a free report for all things prediction markets 👇
The most comprehensive Prediction Markets Report ever is free to download. x.com/i/article/2119…
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NEW: Our @byPredicted Q3 2026 State of Prediction Markets report is out.

With more data than ever.

More than half of Kalshi's card deposits now come from states where sports betting is illegal.

A $194.1B quarter, the biggest ever. 🧵

x.com/byPredicted/st…
The most comprehensive Prediction Markets Report ever is free to download. x.com/i/article/2119…
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The youth love PMs

Not sure if this is good or bad?
The most comprehensive Prediction Markets Report ever is free to download. x.com/i/article/2119…
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The most comprehensive Prediction Markets Report ever is free to download. x.com/i/article/2119…
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Think about ETFs for prediction markets!

CT is sleeping on partnerships like @Kalshi × @SPDJIndices.

H/t @byPredicted. More on the fast growth in Prediction markets, TradFi partnerships and overlooked trends in our revenue report: x.com/1kxnetwork/sta…
S&P DJI and Kalshi today announced a strategic collaboration that brings the world’s most trusted benchmarks to prediction markets, pairing the world's leading index provider with the world’s largest prediction market platform.

Read the press release:
okt.to/rNl8oR
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one of the best overviews on prediction markets I've seen lately (@byPredicted ): newsletter.predicted.co/products/state…
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Volumes and open interests across US prediction market venues
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Replying to @byPredicted
Volumes and open interest across onchain prediction market venues
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Novig hit a billion in notional volume 3 days after this ad, so we had a look @byPredicted

Sydney Sweeney effect? I had a look
Confirmed: Sydney Sweeney knows ball.
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in this weeks @byPredicted round-up we picked up on two things regarding parlays (supplementary to last weeks aritcle breakdown)

1) On the 20th of August @Polymarket US launched Parlays (they were API-only beta since 5 August 2026)

2) the same day @Kalshi started charging makers.

what we see below is Kalshi makers now pushing fee cost onto consumers.

but how tf is this possible? and did @oddpool_alerts almost predict this outcome?
After the addition of maker fees on Kalshi combos, market makers have widened their spreads meaning that takers are bearing the cost of the fees.

Exactly what you'd expect from standard economic incidence analysis!
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A hot week of volumes and open interest for prediction markets
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