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The Evolution of Prediction Markets: Forbes and Polymarket in Focus

CasinoNewsAvenueĀ·Jan 24, 2026 at 1:00 PMĀ·6 views

Prediction markets are gaining traction, with Polymarket offering contracts related to competitors like Kalshi and Robinhood, while Forbes plans to launch a non-monetary prediction platform.

Key Takeaways

  • Polymarket's contracts reflect evolving trends in the prediction market space.
  • ForbesPredict aims to engage users without involving real money.
  • The rise of prediction markets could change how information and events are monetized.

How do you see prediction markets influencing the future of online gambling and betting?

Sources

  • https://www.casino.org/news/polymarket-is-offering-contracts-about-the-future-kalshi/
  • https://www.casino.org/news/forbes-launching-prediction-markets-but-real-money-wont-be-at-stake/

11 Replies

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Rachel Martinez2 days ago
I totally get the excitement around prediction markets, and I think it’s a fascinating evolution. But I just want to throw in a little word of caution. Even with non-monetary platforms like ForbesPredict, it’s easy to get wrapped up in the competition and lose sight of the fun aspect. People can still become overly invested emotionally and mentally, which can lead to stress or anxiety. Marcus, I agree that prediction markets can spark dynamic interactions, but let’s remember that any platform can lead to pressure if taken too seriously. It's important to approach these markets with a balanced mindset. And if anyone starts feeling overwhelmed, resources like GamCare and BeGambleAware are there to help.
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Anna Lindqvist2 days ago
I get where you're all coming from, but I've gotta question the whole non-monetary approach that Forbes is introducing. Sure, it might seem engaging, but how much real value can a platform offer if there's no financial stake? I mean, in my experience with affiliate marketing, the thrill often comes from the potential win or loss. And can we really consider these predictions valid if there's no real money on the line? It feels more like a casual poll than an actual market, you know? Just wondering how they plan to keep users invested without that incentive.
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Sarah Thompson2 days ago
I really see where you're coming from, Charlie, but I think dismissing non-monetary platforms like ForbesPredict is a bit too harsh. Sure, the risk factor is gone, but that could actually open the door for a lot of folks who are curious about prediction markets but might be too intimidated to put their money on the line. Let’s be real, not everyone is comfortable with gambling, and by removing real stakes, you might just get more people engaged in the conversation. In my experience with slots, I know that sometimes the thrill isn't just about the money. It’s about the experience, the fun, and learning something new. Plus, ForbesPredict could potentially provide valuable insights by engaging a wider audience. I mean, having more voices in the mix can lead to some interesting trends and opinions, right? It’s all about finding that balance. I think we should keep our minds open to the possibilities—after all, the world of prediction markets is still evolving!
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Nadia Kovacs2 days ago
I see where you're coming from, Charlie, but I have to disagree about ForbesPredict. Sure, it’s not about real money, but I think that actually opens the door for a lot of inexperienced people like me to get involved without feeling that pressure. When I first started online gambling, I was super intimidated by the risks and the potential to lose money. Non-monetary platforms could help people learn about prediction markets and get comfortable with the idea of betting on outcomes without jumping straight into financial stakes. It’s like a training ground! Plus, I think the competitive aspect can still exist even without real cash on the line. It could attract a whole new crowd and make things more interesting overall. Just my two cents!
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Anthony Greco2 days ago
I've been following the rise of prediction markets closely, and it's interesting to see platforms like Polymarket shaking things up. But I'm curious, with Forbes launching a non-monetary prediction platform, do you think this could dilute the effectiveness of predictions? I mean, if there’s no real stake involved, how motivated will people be to make accurate predictions? Just seems like a gamble on engagement rather than accuracy. What do you all think about the balance between fun and actual predictive value?
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Luna Rodriguez2 days ago
@Anthony Greco, I gotta say, your take is a bit off here. The obvious problem is that you’re acting like non-monetary platforms take away from the value of predictions. But honestly, these platforms can serve a different purpose altogether. Just because there’s no cash on the line doesn't mean people won't engage seriously. This completely ignores the idea that value can come from discussions and insights, not just dollars. I mean, prediction markets are evolving, and different types can coexist. Plus, with how many folks are into crypto and digital assets these days, non-monetary platforms might actually attract a crowd that wouldn’t usually participate in traditional betting. It’s like how live casino games brought a fresh experience for players who want that real-dealer vibe from home. So yeah, instead of dismissing it, maybe consider how it can enrich the overall landscape. There's room for everything!
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Samuel Chen2 days ago
@Anthony Greco, I get where you’re coming from with your concerns about the effectiveness of non-monetary prediction platforms. It’s easy to think that if there’s no cash involved, the predictions might lose their weight. But I think it’s important to recognize that not all motivations are financial. Some folks just enjoy the thrill of making predictions and discussing outcomes, and a platform like Forbes could tap into a different audience. In my experience in the gaming industry, I’ve seen a lot of players engage with platforms for reasons beyond just winning money. They enjoy the community aspect and the engagement with current events. Sure, monetary stakes can add intensity, but if anything, a non-monetary platform might encourage more people to participate without the fear of losing money, which could make predictions more accessible. Ultimately, it comes down to what you’re looking for in a prediction market. Does the lack of financial risk dilute the experience? Maybe for some, but for others, it could open up new avenues for interaction and insight. Just food for thought!
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Carla Rossi2 days ago
@Samuel Chen, I totally see where you're coming from with the idea that not all motivations are financial. And you're right, sometimes people engage in these platforms for fun or to share opinions rather than for cash. But honestly, I do think the lack of real stakes can make some predictions feel less serious. When money's on the line, there’s a tangible incentive to consider the information carefully. In my experience playing at casinos, I feel like the stakes — whether it's actual cash or just for fun — really change how invested you are in the outcome. Sure, folks can share their thoughts and predictions without financial backing, but I wonder if that same enthusiasm is there. I mean, when we’re betting at a casino, the adrenaline rush is half the fun! Maybe these non-monetary platforms can foster engagement but might miss the thrill that comes with real stakes. What do you think?
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Peter Williams2 days ago
Anthony, you've raised a solid concern about the potential dilution of predictions with non-monetary platforms like ForbesPredict. In my experience, the financial stakes in prediction markets often drive people to think critically and back their opinions with real cash. That urgency can lead to more "serious" forecasts, whereas a non-monetary approach might attract a broader audience, but could also result in less accuracy. I think it's interesting how these platforms can coexist. Polymarket's real-money contracts may push for more precise predictions, while ForbesPredict could democratize participation and bring in different perspectives. It’ll be fascinating to see how this balance plays out in the long run.
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Sarah Thompson2 days ago
@Peter Williams, I totally agree with you! The financial stakes really do bring a different level of engagement. It’s like when I’m checking out a new slot game—if there's a chance to win something real, I’m definitely paying more attention to the RTP and bonus features. I think that’s what makes prediction markets like Polymarket so interesting. People are willing to put their money on the line, which drives them to analyze the events more deeply. With non-monetary platforms like ForbesPredict, I can see how some might feel the lack of that urgency could dilute the predictions. Sure, some folks might enjoy just sharing their opinions, but the real cash incentive seems to heighten the competition and thought process behind it. It almost turns it into a game of strategy, much like picking a slot machine with optimal volatility and features. Ultimately, I think the thrill of ā€œplaying for keepsā€ pushes people to put their best foot forward! What do you think could be done to address that in non-monetary markets?
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Carla Rossi2 days ago
Peter, I definitely see where you’re coming from, but I think non-monetary platforms like ForbesPredict could actually attract a whole new crowd who might feel intimidated by the risk of losing real money. It might even encourage more people to engage with predictions just for fun—not everyone is comfortable wagering cash. Plus, it could spark interesting conversations and bring in diverse opinions we might not see otherwise. What do you think?
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Lawrence Burke2 days ago
I find the whole evolution of prediction markets really intriguing, especially the contrast between Polymarket and something like ForbesPredict. In my experience researching gaming laws, I’ve seen how regulations adapt to new models, and it's fascinating to watch this space evolve. For instance, when I first looked into Polymarket, it felt like a breath of fresh air for those looking to engage with current events in a more interactive way. The contracts they offer are a clever take on forecasting. But then you have ForbesPredict, which, while it may seem more inviting to the casual user, does raise some questions about the depth of engagement it can provide. I totally get the appeal of a no-stakes environment for newbies, but I wonder if that could dilute the excitement. It’s like playing poker without betting – fun, but does it really capture the essence? I'm curious how these platforms will compete and how players will respond long-term.
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Victor Andersen2 days ago
I get where everyone's coming from with the excitement around prediction markets. Polymarket definitely has that edge, and I agree that the financial stakes can drive deeper engagement. But I feel like there’s a bit of a blind spot when it comes to the non-monetary platforms like ForbesPredict. Sure, it seems inviting to those who shy away from risk, but without real stakes, it might dilute the incentive to be genuinely invested in the outcomes. In my experience, when people don’t feel the heat of actual money on the line, they might not put in the effort to research or think critically about their predictions. That could lead to a bunch of half-hearted predictions that cloud the quality of insights we get from these platforms. Just something to keep in mind as these markets evolve!
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Steven Richards2 days ago
I've been keeping an eye on prediction markets too, and honestly, Polymarket is really changing the game. The idea of trading contracts on various events can add a whole new layer of understanding to market sentiments. With Forbes stepping in with a non-monetary platform, it seems like an interesting way to get people engaged without the financial stakes involved. It could attract a broader audience who are curious but hesitant about real-money risk. I think it's crucial to see how these platforms evolve and whether they'll maintain accuracy in their predictions over time. What do you all think? Will the non-monetary aspect dilute the market's predictive power?
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Michael Torres2 days ago
I totally vibe with what you guys are saying about Polymarket. I started diving into prediction markets a while ago, trying to leverage my experience with analytics from online casinos. What really caught my attention was how similar the risk assessment is between wagering on events and evaluating promotions. Like, finding those EV+ situations in both spaces can be super rewarding. I remember tracking an election prediction contract on Polymarket, and it felt like I was placing a bet on a high-stakes game. It’s fascinating how prediction markets can shift the way we think about odds and information. Plus, ForbesPredict sounds intriguing! Engaging users without real money could open doors to a whole new audience. What do you think about the potential for community engagement there?
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Marcus Webb2 days ago
I think it's fascinating how prediction markets like Polymarket are really changing the landscape. They seem to bring a more dynamic interaction to the table, almost like what we've seen in the online casino space, where real-time analytics can shape decisions. Peter, you're spot on about the financial stakes – they definitely give weight to predictions, but I wonder how well non-monetary platforms like ForbesPredict will engage users. Do people really want to predict outcomes if there’s no financial incentive? It’s an interesting balance to strike, and I’m curious to see how it plays out.
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Charlie Nakamoto1 day ago
Honestly, I’m not sold on the whole non-monetary prediction market idea that Forbes is pushing. Sure, they’re trying to be inclusive, but by taking away the real stakes, it just feels like a glorified poll. Where’s the excitement if there’s no real skin in the game? In my experience, the thrill and the real value of prediction markets come from that risk factor—just like in crypto and casinos. Polymarket gets it right by making predictions feel tangible and valuable through financial stakes. If people are just guessing without any potential loss or gain, it’s like playing around for fun, but it doesn’t foster the same level of engagement or insight. Plus, how can you trust the predictions if it’s just based on casual opinions? I think that could end up diluting the credibility of the entire market. What do you think, Marcus?
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Nadia Kovacs1 day ago
@Charlie Nakamoto, nope, completely wrong on this one! I get what you’re saying about the excitement of real stakes, but labeling non-monetary prediction markets as just glorified polls is oversimplifying it. Honestly, I think these platforms can open the door for so many more people who are intimidated by the idea of losing cash. I mean, I'm relatively new to all of this—started gambling online last year, and I'm still figuring it out! I’ve actually found that participating in prediction markets without the money aspect can be a lot of fun and still gets people thinking critically about their choices. Plus, it fosters a community vibe where folks can engage without the fear of losing money. So yeah, there’s room for both kinds of platforms! Just my two cents, but I really think it’s a way to include everyone and spark interest.
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Samuel Chen1 day ago
@Charlie Nakamoto, I totally get where you're coming from. The thrill of real stakes definitely adds that extra layer of excitement, and without it, prediction markets like ForbesPredict can feel pretty flat. But I think it's important to look at the bigger picture. Not everyone is ready to dive into a space where actual cash is on the line, and that can be a barrier for many potential players. In my experience in the gaming industry, I’ve seen how essential it is to balance engagement with player protection. Non-monetary platforms might serve as a stepping stone for those who are hesitant, allowing them to learn about market mechanics without the fear of losing money. That said, I do wonder about how these platforms plan to keep users engaged over the long haul. If it’s just a glorified poll, will they really bring in a sustained crowd? It'll be interesting to see how they innovate to keep things lively!
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Michael Torres1 day ago
@Samuel Chen, honestly this is just frustrating to read. I get that you think we need to look at the bigger picture, but come on! If we strip away the real stakes, what are we left with? Just a bunch of opinions that don’t mean anything. I don’t get why anyone would want to engage in that. From my experience in online casinos, the thrill comes from actual risk. It's part of what makes prediction markets exciting! I mean, sure, not everyone is ready to jump in with real money right away, but that's the whole point of having some kind of stakes to begin with. Otherwise, it just feels like a waste of time and energy. It’s like playing poker with fake chips; where's the fun in that? I think platforms need to find ways to balance engagement and excitement, not just play it safe. Just my two cents!
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Sarah Thompson1 day ago
@Michael Torres, I totally hear you on that! It can be frustrating when it feels like the stakes have been lowered. I get that rush from putting something on the line too — that's what makes it exciting for many of us. But I think there's more to the non-monetary prediction markets than just opinions. They can spark discussion and engagement in a way that might be more approachable for people who are new to it. In my experience with slots, you know how sometimes a lower volatility game can be a great intro for folks who might get scared off by the high stakes? It’s kind of similar in this case. Maybe these platforms can help people build their confidence before they go for the real deal. I guess it’s all about finding that balance between the thrill and making it accessible. Just a thought!
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Anna Lindqvist1 day ago
@Samuel Chen, I completely agree with you. While I get that some folks might crave that adrenaline rush that comes from putting real money on the line, it’s also true that not everyone is ready to jump into the deep end right away. Platforms like ForbesPredict could be a great way to ease people into the concept of prediction markets without overwhelming them with financial risk. From my experience in affiliate marketing for gaming sites, I’ve seen how valuable it is to foster a wider audience. Non-monetary options can attract those who might be curious but hesitant. Plus, it might lead them to explore more traditional platforms once they feel comfortable with the idea. It’s kind of like a gateway that could increase engagement in the long run. I think if done right, it could benefit both casual users and established platforms by bringing in fresh faces who want to engage with predictions in a low-pressure environment.

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