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Prediction markets want the Oscars to be your gateway drug to betting on everything

The Verge / 3/15/2026

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Key Points

  • The Oscars and Golden Globes partner with prediction markets like Polymarket, showing entertainment events becoming betting targets.
  • Prediction markets are used for a wide range of outcomes, from wars to Nobel Prize results, indicating expanding scope beyond traditional finance.
  • The Verge notes that this trend gives prediction-market firms opportunities to embed themselves in media and entertainment ecosystems.
  • The piece suggests the overall 'everything is gambling' culture creates new business opportunities and raises questions for industry players as they extend into new domains.
A tight shot of an Oscars status.

Though it was weird to see the Golden Globes partner with Polymarket for its most recent awards show, the collaboration wasn't shocking given the way that people have begun using prediction markets to gamble on basically anything. Prediction markets are being used to bet on everything from when wars might break out to who will win the Nobel Peace Prize, so why wouldn't people also be interested in placing wagers on more entertaining and less consequential things, like celebrities' chances of winning industry accolades?

But this "everything is gambling" culture has given prediction market firms an opportunity to insert themselves into other …

Read the full story at The Verge.