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Prediction Seduction
['David Manners', 'David Manners Has More Than Forty-Years Experience Writing About The Electronics Industry', 'Its Major Trends', 'Leading Players. As Well As Writing Business', 'Components', 'Research News', "He Is The Author Of The Site'S Most Popular Blog", 'Mannerisms. This Features Series Of Posts Such As Fables', 'Markets', 'Shenanigans']
Electronics Weekly
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.