Brennan Center Study Finds Prediction Markets Sway Voters

With Election Day two weeks away, voters are being inundated with polling information and prediction market data is increasingly part of that landscape, but voters don’t like that. A new study by the Brennan Center for Justice indicates that prediction market data shapes voters’ views in a fashion comparable to traditional polling. The study also found that more than 80% of respondents favor tighter regulations on political event contracts or support banning them outright . Part of the issue, researchers noted, is that many voters fail to distinguish between the methodology behind a standard poll and active prediction market trading.