Poll: Americans draw a new line in the betting bonanza sweeping over Wall Street — politics.

Americans have shown little hesitancy about betting on the World Cup, the weather in Dallas and the next James Bond through the prediction markets. Yet, for many, politics is a step too far. Results from The POLITICO Poll show that a large group of U.S. adults doesn’t believe wagering on political events like what President Donald Trump will say, who he will pardon, and the outcome of the 2028 presidential election should be legal.The prediction markets are still new to much of the public, even after their meteoric rise in mainstream media, finance and politics. But as Kalshi, Polymarket and other such companies have opened the door to a world of betting on just about everything and anything, the poll’s results suggest a disquiet among many Americans about the flood of wagers — and especially when they relate to Washington.Conducted by Public First, an independent U.K.-based polling firm, the survey found that a plurality of U.S. adults — 44 percent — said they believe that betting on election outcomes should be illegal. A similar share of respondents voiced concern about betting on what the president or other newsmakers will say, as well as who will receive a presidential pardon. “These markets are not for everybody,” said John Aristotle Phillips, who leads the election-centric prediction market platform PredictIt. “People are going to object to certain areas, and they’re going to be somewhat sanguine about others.” Prediction market proponents have argued that politically focused bets serve as a valuable source of information by offering a wisdom-of-the-crowds lens on the news of the day. The markets, they say, can also help consumers, corporations and small businesses offset the financial risk of a change in administration or the law. And yet, the results could provide new fodder for those critics who fear that the wagering of millions of dollars on U.S. elections risks staining American democracy. Nearly $700 million has already traded hands on the 2028 presiden