What is the difference between prediction markets and gambling? On a superficial level, there are two aspects: One is the user experience; gambling platforms do not have a trading mechanism. It's all about betting on tomorrow's games today, with no trading mechanism, making it difficult to support many long-term topics and lacking a large number of user scenarios. The other is the openness of the product; topics/platforms on gambling platforms are set by the platform, making it a purely closed system. In contrast, using polymarket as an example, while topics are still set by the platform, the odds are formed through the collective betting of market participants (MM/trader). More participants mean lower costs, and the trading costs for users in prediction markets are far lower than those on traditional gambling platforms. (In the future, @BuzzingApp will be a larger open system, where topic creation and liquidity come from market participants, making the platform's attributes more neutral, but it will offer a richer experience.) However, on a deeper level, it is actually a transformation of consumption habits. I have talked to several friends who used to bet on the lottery, and now they have switched to prediction markets. Just like the slot machines in the hall, they are mainly used by older people. Nowadays, young people rarely watch TV anymore; there is a generational change in consumption/entertainment needs and forms. The complex and outdated experience of traditional gambling products will be replaced by products that offer updated experiences.