Sports Was Just the Warm-Up: Bernstein Says Prediction Markets Are Hunting for $1T by 2030

Prediction markets are about to go mainstream—bigly.

Bernstein analysts are projecting the sector will hit a staggering $1 trillion in annual volume by 2030. That's not a typo.

The research firm's take? Sports betting was merely the gateway drug. It's the entry point, not the endgame.

Translation: once traders got a taste of putting money on sports outcomes, they realized the real party is wagering on everything else. Crypto degens were already ahead of the curve, obviously.

So buckle up. The prediction market train has left the station, and it's hauling serious cargo.