Study Estimates Americans Traded Up to $34 Billion on Offshore Prediction Markets

A new study estimates that Americans traded up to $34 billion on offshore prediction markets. The report suggests that this activity could grow sharply, with annual wagering potentially reaching as much as $133 billion by 2030.

The findings matter because they point to significant demand for prediction-market products outside the U.S. regulatory system. That could be relevant for companies operating in the sector, as well as for policymakers and market observers tracking how Americans are accessing these platforms.

Prediction markets allow users to place wagers on the outcomes of future events, and offshore platforms have become part of a broader crypto-adjacent market landscape. The study’s estimate highlights the scale of activity that may be taking place beyond domestic oversight.

While the report projects substantial growth, it is still an estimate rather than a confirmed total. Readers should treat the figures as a forecast about possible future wagering levels, not as a guaranteed outcome.

The study adds to ongoing discussion about how prediction markets are evolving and where U.S. participation may ultimately flow. It also underscores the gap between offshore market activity and the rules governing similar products in the United States.