Prediction markets took 27% of US World Cup bets

Prediction markets grabbed 27% of legal US sports betting volume during the World Cup, according to Gaming Today. The outlet described this as a surge in prediction-market wagering across the tournament, moving more than a quarter of reported legal bets into those alternative markets.

That surge added pressure on state-regulated sportsbooks, the report said, as operators saw a notable diversion of betting activity away from traditional licensed books. The scale — 27% — shows prediction platforms accounted for a significant share of legally recorded wagering over the event.

For bettors and industry watchers in the US, the numbers underline the growing presence of prediction markets during major events and how they can reshape where legal volume is placed, according to Gaming Today.