Care to elaborate? Sounds ideal frankly.

Such a thing exists (Polymarket) and the whole setup has probably precluded many, many, many people from using it including myself. I got halfway through setup before giving up.

By contrast, I signed up for Kalshi and bought 3 contracts in the last 30 minutes.

Additionally, smart contracts don't actually solve the primary source of (unaccepted) risk: the oracle.

Did you already have Polygon and a wallet (e.g. metamask)? If you didn't have that, I could see it being a pain too much of a pain to deal with.

It only took me a minute to use Polymarket, but I already had the prerequisites above.

I love Polymarket. It's what dapps should aspire to be

The existing prediction markets have been regulated out of existence thanks to Kalshi.

See PredictIt, Polymarket, YC is doing a great job of fulfilling Thiel's vision of building monopolies. https://astralcodexten.substack.com/p/the-passage-of-polymar...

https://www.usbets.com/did-kalshi-kill-predictit/

https://threadreaderapp.com/thread/1478370047735341056.html