Dutch users still access prediction markets despite Polymarket ban

CoinTelegraph2h agoUpdated 1h ago
Dutch users still access prediction markets despite Polymarket ban
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Polymarket was banned in the Netherlands in February, but Kalshi, Hyperliquid and Interactive Brokers are still offering prediction markets to Dutch users....

Key takeaways

  • 1Polymarket banned in Netherlands in February, but Kalshi, Hyperliquid, and Interactive Brokers still offer prediction markets to Dutch users.
  • 2Only 3% of prediction market participants make consistent profits; nearly 70% lose money according to London Business School research.
  • 3Brazil shut down 27 prediction platforms including Kalshi and Polymarket; France, Italy, Singapore, Switzerland, Poland also blocked unauthorized platforms.

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Why it matters

Indian retail investors should recognize prediction markets face intensifying global regulatory bans and restrictions, with most participants losing money. The regulatory uncertainty and high loss rates make these platforms risky despite continued availability through various platforms.

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