79% of prediction-market users are losing money, and half (51%) are betting with funds they borrowed, says a report from BadCredit.org. “Although tempting, borrowing money to place a bet is a universally bad idea. 88% who do so see losses, not gains. Remember that credit products aren’t designed for this purpose. They are to help you finance things you want and need, and are sure that you can handle the payments,” says Erica Sandberg, consumer finance expert at BadCredit.org.