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Author Topic: Are you making money in prediction market or you at a loss?  (Read 1058 times)
Achalugo BTC
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May 06, 2026, 07:28:00 PM
 #121

Gambling is actually for fun but it's different for some people because some persons actually feel the emotions that comes with losses and some the emotions that comes with losses, it entirely depends on who the gambler is.
Some persons gamble for fun while some gamble for profit so this two persons do not take there gambling outcome the same way that's why you some persons meticulously select there gambling predictions because they want to at all times ensure they make a profit  in other words some persons take it like a side hustle.
Gambling is not to be seen as a side hustle, which most people have turn it to be like that, putting their emotion at stake even though they know its a risky game, but they want to take the risk and this will end them up in a way that it will have to affect their mindset towards gambling, which they will have the perspective of it as a game for paycheck and not a game of fun, but they forget that they can't change the fact that gambling is for fun and not for profit and there is nothing they can do about it other than to just accept the fact.

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May 06, 2026, 07:37:14 PM
 #122

I played around with some of the new prediction markets and won my first 3 predictions.  I don't think I'll ever touch them again and will maintain my perfect streak. 

It was cool to use but there is just too much involved.  Changing currencies, weird fees, strange tax scenarios...  It just seems like more of a headache than it is worth at the moment.  At least on the platform I was using.

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L E G E N D A R Y
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May 06, 2026, 08:23:18 PM
 #123

The prediction Market has a lot of options and I think it's cool but I don't really like it because that's not what I'm used to, it is better for me to stick with what I know best. If there's a striking event that gets my attention I'm going to give it a try. From the way I see it I don't really think a lot of people benefit from the prediction Market if they are really honest about their results.
You are right about it, people who do predict are mostly at loss, because that's not their game, and the result are being decided by luck. But, its good that you follow your guts and do the right thing that shows that you are more focused to sustain the habit of responsible gambling, that you don't have to allow anything to lead you to the part of chasing money through gambling, that you can have fun and free yourself from unnecessary damages.

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May 06, 2026, 08:52:34 PM
 #124

The prediction Market has a lot of options and I think it's cool but I don't really like it because that's not what I'm used to, it is better for me to stick with what I know best. If there's a striking event that gets my attention I'm going to give it a try. From the way I see it I don't really think a lot of people benefit from the prediction Market if they are really honest about their results.
You are right about it, people who do predict are mostly at loss, because that's not their game, and the result are being decided by luck. But, its good that you follow your guts and do the right thing that shows that you are more focused to sustain the habit of responsible gambling, that you don't have to allow anything to lead you to the part of chasing money through gambling, that you can have fun and free yourself from unnecessary damages.

In the past, I was able to win and stay overall in profit when I followed the bets of people who were successful at it, I had direct access to that kind of information. But on my own, I’m not very interested in digging into it and analyzing predictions, that kind of work doesn’t really suit my personality. Usually, I place bets mainly for the experience and emotions, without going into deep or detailed analysis, so the results can vary.

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May 06, 2026, 08:59:21 PM
 #125

Is prediction market fun? I have been on prediction market since some days now, but I do not see it as fun, all I was looking for is just money. I have been winning all the events that I am predicting and it is basically about bitcoin daily price prediction, but the money earned is small and I know I can lose it in just one day. I have used $50 to earn 3 to $8 daily but it can not be as expected all the time.

How about you, are you using the prediction market for money making or just for fun or both? I still make sure that I risk wisely and I am not using more than $50 for each bet.

Although I think prediction markets are cool.
I also don't like those kinds of the prediction market specially becuase of the nonsense types of betting like who will win the election or about the war etc. I actually hate to bet on those things. I visited the polymarket website I just like only one thing there and that is the non kyc I mean there we don't need to make the Kyc verification.

Anyway, back to the main topic even though they don't need the KYC verification because of their other concepts about the gambling and this is why I also don't gamble on those platform.

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May 06, 2026, 09:00:29 PM
 #126

You are right about it, people who do predict are mostly at loss, because that's not their game, and the result are being decided by luck. But, its good that you follow your guts and do the right thing that shows that you are more focused to sustain the habit of responsible gambling, that you don't have to allow anything to lead you to the part of chasing money through gambling, that you can have fun and free yourself from unnecessary damages.
whether you predict or not, if you are meant to fail you will fail. Luck does play out more than your predictions however your predictions are also not negligible because they play their own role in getting you closer to your wins but they do not determine your success, lucks do most of the time. I like it when a gambler predicts and takes responsibility of their lost without blaming it on anybody including luck itself. It allows you to be more responsible in your gambling and gives you more control over your decisions unlike when you always run away from your gambling lost and blame it on others.

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May 06, 2026, 09:23:46 PM
 #127

Me I don’t mind oh I mostly use prediction market for money and also for fun
Using $50 to earn 3 to $8 daily is not bad at all for a start, and I also agree with u also this because a day can come out bad that can wipe allot. The only advice is to keep up moving forward and managing this risks gradually, as u are already doing.

Personally I take it as my own side hustle not my main source. So in any way he go turns out bad he no go too affect me

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May 07, 2026, 09:43:15 AM
 #128

I also don't like those kinds of the prediction market specially becuase of the nonsense types of betting like who will win the election or about the war etc. I actually hate to bet on those things. I visited the polymarket website I just like only one thing there and that is the non kyc I mean there we don't need to make the Kyc verification.
Why do you not like it? People that are betting can not change if war will occur or not. If Polymarket and other prediction markets do not exist, the war that is happening in Iran will still happen.

Another thing is that you can bet on other things like bitcoin price and few other crypto prices like ethereum and solana if you do not like such bet. Sport are also there too, but I prefer to use Stake.com for sport.

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May 07, 2026, 09:51:31 AM
 #129

Gambling is actually for fun but it's different for some people because some persons actually feel the emotions that comes with losses and some the emotions that comes with losses, it entirely depends on who the gambler is.
Some persons gamble for fun while some gamble for profit so this two persons do not take there gambling outcome the same way that's why you some persons meticulously select there gambling predictions because they want to at all times ensure they make a profit  in other words some persons take it like a side hustle.
Gambling is not to be seen as a side hustle, which most people have turn it to be like that, putting their emotion at stake even though they know its a risky game, but they want to take the risk and this will end them up in a way that it will have to affect their mindset towards gambling, which they will have the perspective of it as a game for paycheck and not a game of fun, but they forget that they can't change the fact that gambling is for fun and not for profit and there is nothing they can do about it other than to just accept the fact.

I understand that people have become much more like gambling as a business venture than as a form of entertainment these days and for most that's where the frustration and pressure comes from. While prediction markets and gambling may be profitable in some cases. in the long-run there is always the possibility of losses. My personal opinion is to consider it an unsafe game to play and a bonus when the winner gets home. When people begin to rely on gambling income to pay their bills or to pay their bills. their feelings will naturally get in the way and they will make poor decisions.

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May 08, 2026, 11:57:30 PM
 #130

I played around with some of the new prediction markets and won my first 3 predictions.  I don't think I'll ever touch them again and will maintain my perfect streak. 

It was cool to use but there is just too much involved.  Changing currencies, weird fees, strange tax scenarios...  It just seems like more of a headache than it is worth at the moment.  At least on the platform I was using.
If you be a lucky players and I know that they don't really want to see player like you that will be fortunate to have uo to 3 winning streaks. The prediction market may think they can often make money for themselves without having idea about fortunate players like you.
It is okay to see that you have decided to leave them for the temporary time before going back which may take you weeks.
I think this is a smart way to gamble so one don't suddenly become urged to gamble again and again hoping to make similar profits.

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May 09, 2026, 12:44:22 AM
 #131

Gambling is actually for fun but it's different for some people because some persons actually feel the emotions that comes with losses and some the emotions that comes with losses, it entirely depends on who the gambler is.
Some persons gamble for fun while some gamble for profit so this two persons do not take there gambling outcome the same way that's why you some persons meticulously select there gambling predictions because they want to at all times ensure they make a profit  in other words some persons take it like a side hustle.
Gambling is not to be seen as a side hustle, which most people have turn it to be like that, putting their emotion at stake even though they know its a risky game, but they want to take the risk and this will end them up in a way that it will have to affect their mindset towards gambling, which they will have the perspective of it as a game for paycheck and not a game of fun, but they forget that they can't change the fact that gambling is for fun and not for profit and there is nothing they can do about it other than to just accept the fact.

This is just the truth, because the moment someone start to seeing and take gambling like a source of income instead of entertainment, then emotions will begin to take over their decisions. That is when chasing losses and frustration usually start…
Gambling was never at the beginning meant to guarantee any profit, and accepting that truth helps people approach it with a healthier mindset..

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May 09, 2026, 04:31:26 PM
 #132

(...)
This is just the truth, because the moment someone start to seeing and take gambling like a source of income instead of entertainment, then emotions will begin to take over their decisions. That is when chasing losses and frustration usually start…
Gambling was never at the beginning meant to guarantee any profit, and accepting that truth helps people approach it with a healthier mindset..

It’s a painful reality that many people hope to make a fortune through gambling, some even intend to make it their primary source of income. Just like what happens in my neighborhood, they hope to turn their lives around, waiting and waiting for that big win to come, thinking that a single win can change their fate. In reality, instead of changing their fate, their debts only pile up and their belongings are sold off to fund their bets, it’s truly heartbreaking, but this is the consequence of a flawed mindset and misguided intentions.

R


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May 09, 2026, 04:39:09 PM
 #133

This is just the truth, because the moment someone start to seeing and take gambling like a source of income instead of entertainment, then emotions will begin to take over their decisions. That is when chasing losses and frustration usually start…
Gambling was never at the beginning meant to guarantee any profit, and accepting that truth helps people approach it with a healthier mindset..
Everything has its own rules and engaging those things without following the rules can actually have disastrous effects, and gambling isn't an exception to this, Gambling has its own basic rules that everyone must observe if they are to remain safe, and one of those rules is that it should be for fun and entetainment, and those who don't see it this way are potentially increasing their risks, and anything can actually go wrong at anytime.

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May 16, 2026, 07:03:27 AM
 #134

The prediction Market has a lot of options and I think it's cool but I don't really like it because that's not what I'm used to, it is better for me to stick with what I know best. If there's a striking event that gets my attention I'm going to give it a try. From the way I see it I don't really think a lot of people benefit from the prediction Market if they are really honest about their results.
You are right about it, people who do predict are mostly at loss, because that's not their game, and the result are being decided by luck. But, its good that you follow your guts and do the right thing that shows that you are more focused to sustain the habit of responsible gambling, that you don't have to allow anything to lead you to the part of chasing money through gambling, that you can have fun and free yourself from unnecessary damages.

It is actually very easy to predict but the reality is that it depends on luck. And it is impossible for you to always predict and win, sometimes you will definitely lose and that's the fact. Your instincts may not be always right, so that shouldn't gives you the chance or gut to chase win through predicting markets. Sometimes people have full belive in their ability, but when it comes to predictions or gambling you are just being delusional, because of your unrealistic expectations. Expecting so much, can in some cases lead to excessive loss leading to very serious financial issues. A word is enough for the wise. Just focus on which you think is suitable for you and let go of greed, fear and emotion.

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May 16, 2026, 07:16:59 AM
 #135

Is prediction market fun? I have been on prediction market since some days now, but I do not see it as fun, all I was looking for is just money. I have been winning all the events that I am predicting and it is basically about bitcoin daily price prediction, but the money earned is small and I know I can lose it in just one day. I have used $50 to earn 3 to $8 daily but it can not be as expected all the time.

How about you, are you using the prediction market for money making or just for fun or both? I still make sure that I risk wisely and I am not using more than $50 for each bet.

Although I think prediction markets are cool.

I have been trying to earn money in the prediction market for a while, although I have been successful three to four times. However, I do not like it very much, although it is interesting, but it is a center of losing half, so that the prediction is not always correct, which results in losing money. Prediction markets are the best, but there is a high chance of losing money here, it is very difficult to make the prediction correctly all the time. Although I have stopped for a long time, sometimes I see the prediction markets and bet there with a few dollars. It is seen that I cannot win consistently, but I have to lose. Basically, the prediction market is very difficult, I think many times it is due to luck.

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May 16, 2026, 04:02:30 PM
 #136

It is actually very easy to predict but the reality is that it depends on luck. And it is impossible for you to always predict and win, sometimes you will definitely lose and that's the fact. Your instincts may not be always right, so that shouldn't gives you the chance or gut to chase win through predicting markets. Sometimes people have full belive in their ability, but when it comes to predictions or gambling you are just being delusional, because of your unrealistic expectations. Expecting so much, can in some cases lead to excessive loss leading to very serious financial issues. A word is enough for the wise. Just focus on which you think is suitable for you and let go of greed, fear and emotion.
Indeed, having a realistic expectation plays quite a vital role in determining a gambler’s approach, and damn right it influences their decisions as well. When a gambler’s expectation becomes too much, it becomes very easy for greed to creep in and completely eliminate their rational thinking. And even if they manage to secure a win, since the win isn’t what they had in mind or met their expectations, they’ll likely wanna use that win to pursue more wins and this is usually what pushes many gamblers to losses and wins chasing.

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May 16, 2026, 04:02:41 PM
 #137

This is just the truth, because the moment someone start to seeing and take gambling like a source of income instead of entertainment, then emotions will begin to take over their decisions. That is when chasing losses and frustration usually start…
Gambling was never at the beginning meant to guarantee any profit, and accepting that truth helps people approach it with a healthier mindset..
Everything has its own rules and engaging those things without following the rules can actually have disastrous effects, and gambling isn't an exception to this, Gambling has its own basic rules that everyone must observe if they are to remain safe, and one of those rules is that it should be for fun and entetainment, and those who don't see it this way are potentially increasing their risks, and anything can actually go wrong at anytime.
I agree with you, like anything, limits and controls are very important in gambling, but rather the issue of control in gambling needs to be maintained more deeply. Greed runs very deep here, so people lose control very easily here, so we have to be careful about these issues, and we have to control gambling. It has to be kept as low, limited, and controlled as possible. When someone starts thinking of it as a way of earning money instead of just seeing it as entertainment, that's when the problems start, so we have to understand this and accept gambling as entertainment only.











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May 16, 2026, 04:14:42 PM
 #138

The last time I bet on Polymarket was on Chelsea to qualify for the Champions League next season. With the way things are going, I am on the verge of losing the bet. The hearts of Chelsea players are no longer with the club. Chelsea's head coach has made his intentions clear by speaking to the press that Chelsea may not qualify for the Champions League and that he has to focus on the future. First time using Polymarket and im already expecting a loss.
Well, it's likely possible that the bet has failed because Chelsea are currently 9th position in the Permier league and might not even qualify for any Europeam competition at all this season not to talk of the Champions league qualification. This has one of the worst season for Chelsea after the sack of Maresca and they are currently suffering the predicament.

I don't have much experience on the polymarket but I figured it would be a fun try, maybe someday.

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May 16, 2026, 04:20:32 PM
 #139

It is actually very easy to predict but the reality is that it depends on luck. And it is impossible for you to always predict and win, sometimes you will definitely lose and that's the fact. Your instincts may not be always right, so that shouldn't gives you the chance or gut to chase win through predicting markets. Sometimes people have full belive in their ability, but when it comes to predictions or gambling you are just being delusional, because of your unrealistic expectations. Expecting so much, can in some cases lead to excessive loss leading to very serious financial issues. A word is enough for the wise. Just focus on which you think is suitable for you and let go of greed, fear and emotion.
Indeed, having a realistic expectation plays quite a vital role in determining a gambler’s approach, and damn right it influences their decisions as well. When a gambler’s expectation becomes too much, it becomes very easy for greed to creep in and completely eliminate their rational thinking. And even if they manage to secure a win, since the win isn’t what they had in mind or met their expectations, they’ll likely wanna use that win to pursue more wins and this is usually what pushes many gamblers to losses and wins chasing.
Of course, it's easy to fall into this trap when you're simply lucky and win multiple times in a row, thinking you're an expert, but in reality, you're not. They simply start believing what they want, and it's crucial to maintain a level head and a sober assessment of your game. I think professionals are like that because nothing can derail them from the path they're on. I think this applies to predictions too, but in my personal experience, I've only made one prediction and was lucky. Then I'm just waiting for an interesting prediction that I can try to win on.

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May 16, 2026, 04:26:05 PM
 #140

Is prediction market fun? I have been on prediction market since some days now, but I do not see it as fun, all I was looking for is just money. I have been winning all the events that I am predicting and it is basically about bitcoin daily price prediction, but the money earned is small and I know I can lose it in just one day. I have used $50 to earn 3 to $8 daily but it can not be as expected all the time.

How about you, are you using the prediction market for money making or just for fun or both? I still make sure that I risk wisely and I am not using more than $50 for each bet.

Although I think prediction markets are cool.

If betting on the Academy Awards counts as prediction-market betting, I’ll share my experience. For around ten years now, I’ve been betting on the Oscars every year. I bet on the underdogs that I think have a chance to win with odds, like, 30.00 and up to 200.00. I make around 10 bets, and cumulatively it’s no more than $40–$50. I lose all my bets every year. But it’s fun. I really love watching all those movies nominated for the Oscars.

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