Prediction Markets Boom. How A ‘Cowboy’ Account Can Shield You Amid Wild-West Risk Taking.

With the growth of prediction markets in the financial industry, risk taking among traders has never been higher as 2026 arrives. Casino-like products went mainstream in this year’s financial markets. Earlier this year, Robinhood (HOOD) opened up prediction markets on sports events, allowing its clients to trade on the outcomes of competitions. This comes as newer entrants like Kalshi square…