What Old Psychology Can Teach Us About New Betting
Psychology Today | 13.04.2026 09:40
In 2026, people are more empowered than ever when it comes to placing financial bets. Each year, millions of people bet on sports, make wagers in prediction markets about political events, or try their hand at day trading of stocks or cryptocurrency. Modern financial tools like Robinhood for trading digital investments allow people to buy and sell assets immediately and frictionlessly. New prop-bet platforms like Polymarket allow people to place bets on a plethora of different uncertain outcomes, including who will win an election or whether the price of Bitcoin will go up or down in the next five minutes.