National Football League (Nfl) The season begins on Thursday night, and Bettors rushes to crypto-based prediction market the polyming field to place their early season glids.
Already more than $ 600,000 has become a rate at the opener between the Philadelphia Eagles and Dallas Cowboys, an amount that eclips the approx. £ 150,000 ($ 201,000) Taken in by Europe’s largest betting exchange, Betfair. It is still a little more than a rounding error of $ 100 million or more in venture, which is generally seen in individual football matches via traditional channels.
From policy to pigskin
Polymarket founder Shayne Coplan said Wednesday that the company had received the clear from the US Commodity Futures Trading Commission (CFTC)There it gives the opportunity to operate across all 50 states, including them as Texas, where traditional sports betting is prohibited.
The legislative breakthrough followed a broadly seen social media marketing campaign teasing, “Legal Football Trading is coming to all 50 states in the fall.”
The timing could not be more critical. According to Dune Analytics, the amounts of polymemarket have dropped by 2025 and fell from a $ 2 billion record in November during the US Electoral Senzy to just $ 664 million in August.
Although expected, the drop of the polymarket illustrates the dependence on political cycles. During the election, the platform became a media barometer where markets were often quoted along with traditional voting for tracking candidate performance.
After the votes were spoken, quantities changed and the attention of news markets, sometimes controversial, such as efforts on whether Ukrainian President Volodymyr Zelenskyy would donate before July.
A market of $ 107 billion is waving
The pivot against sports comes as sports betting remains a Juggernaut industry, worth estimating $ 107 billion in 2024.
Early indicators suggest that the polyming field could capture a meaningful proportion: This year alone, users have bet over $ 55 million in the MLB World Series markets, suggesting that the NFL bets could accelerate as the season matures.
NFL is especially appreciated. Not only does it draw on America’s biggest fanbase, but it also burns to bet the spikes week after week through fantasy leagues, sports books and now prediction markets.
Ready to take on the industry
With CFTC’s green lights and an NFL launch -generating volume competing with traditional bookmakers, the polyme field places itself to take on the wider sports betting.
Its model remains separated: Instead of betting on a house, users shop with each other with each other, with prices moving like markets in real time. This structure causes the polymarket to function less like a sports book and more like an exchange where odds are set by the collective actions of dealers rather than by oddsmakers.
This difference can prove to be disturbing. By mixing prediction markets with mainstream sports, the polyming field is not just into an industry of $ 100 billion plus, it changes how sports fans can speculate on the results.
