Young Gambling Addict Blew Through $100,000 On Sports Betting — But It Didn’t End There

Published Sep 2, 2026 • 8:46 PM

Kalshi and Polymarket have rapidly expanded their businesses by offering contracts tied to the outcomes of sporting events, political contests and other real-world events. The companies argue that their platforms function differently from traditional sportsbooks because users trade against one another rather than betting directly against the house.

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Saturday, Sep 5
- With Its War On Prediction Markets, The Gaming Lobby Plays A Bad HandZeroHedge
Wednesday, Sep 2
- Young Gambling Addict Blew Through $100,000 On Sports Betting — But It Didn’t End There You are here
Wednesday, Aug 19
- Buying Bullsh*t In "4 Easy Payments"ZeroHedge
Friday, Jul 31
- It's A Gambling Platform "Plain And Simple"; New York Sues KalshiZeroHedge

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