tech

February 14, 2026

This Valentine's Day, people are betting through prediction markets, wagering money on love

February 14, 2026 / 8:00 AM EST / CBS News

This Valentine's Day, people are betting through prediction markets, wagering money on love

TL;DR

  • Prediction markets are enabling bets on the success and milestones of celebrity relationships, such as engagements and marriages.
  • Platforms like Polymarket and Kalshi allow users to wager money on specific relationship outcomes for famous couples like Taylor Swift/Travis Kelce and Zendaya/Tom Holland.
  • These markets operate on the "wisdom of the crowd" principle, where user bets determine the odds and likelihood of events.
  • While regulated in the U.S. by the CFTC, some U.S. users reportedly access offshore markets via VPNs.
  • Critics express concerns about insider trading, where individuals with non-public information could profit unfairly.
  • Proponents argue that prediction markets can be a source of accurate predictions, with users "putting their money where their mouth is."
  • The CFTC is working to establish clearer regulations for "event contracts" to provide certainty to market participants.
  • Clear rules are in place to define event outcomes, requiring official announcements rather than rumors to validate bets.

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