Experts: Account Restrictions by Bookmakers Drive Bettors Toward Prediction Markets

^{Citizens analyst Jordan Bender and PY Research co-founder Canzhi Ye}

Experienced bettors are increasingly shifting from traditional bookmakers to prediction market platforms due to more flexible betting conditions, Next.io reported following an industry webinar hosted by Citizens analyst Jordan Bender.

The discussion also featured professional bettor Isaac Rose-Berman and PY Research co-founder Canzhi Ye. They said the key difference between prediction markets and traditional sportsbooks lies in greater flexibility when placing bets.

Rose-Berman noted that bookmakers often restrict successful players by lowering betting limits or limiting account access altogether. By contrast, prediction market platforms allow users to deposit large sums and freely trade positions with other participants.

He said stakes on such platforms can reach tens of thousands of dollars, whereas bets with traditional bookmakers are often capped at relatively low amounts.

At the same time, traditional sportsbooks still hold an advantage in terms of user interface. Participants cited major platforms such as DraftKings and FanDuel as being more accessible and familiar to a broad audience.

Participants also noted that user interest remains primarily focused on sports, where regular events sustain engagement. Other categories, such as weather-based prediction markets, continue to attract more niche interest.

Among other trends, speakers pointed to rising bookmaker margins amid increasing tax pressure in certain jurisdictions, particularly in the segment of accumulator bets.

Gambling Park has previously reported that Maltese authorities are considering the development of a legal framework to regulate prediction markets.