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Friday Nov 7 2025 08:10
2 min
Following previous articles on market prediction, we have received numerous inquiries about the specifics of the Polymarket platform. This in-depth analysis aims to shed light on the legal risks associated with Polymarket in China, assessing the extent of these risks.
While previous articles classified Polymarket activities as gambling under Chinese law, and thus the platform as a casino, this analysis addresses the similarities and differences between Polymarket and traditional casinos. Through firsthand experience with the platform, we have gained additional insights:
While Polymarket may assist academia, media, and research institutions in conducting social studies, traditional casinos offer no such positive benefits. However, these positive features should not be seen as encouragement to participate in Polymarket, as the platform's binary mechanism is still classified as gambling under Chinese law.
There are several companies and individuals promoting Polymarket on various platforms. While the risks for individual participants may be manageable, promoting Polymarket poses significant legal risks. According to an interpretation issued by the Supreme People's Court, the Supreme People's Procuratorate, and the Ministry of Public Security, providing services such as network access, server hosting, or technical support to gambling websites for fees exceeding 20,000 yuan may lead to charges of conspiracy to commit the crime of opening a casino. Therefore, it is strongly advised not to promote or introduce Polymarket to others.
Despite the potential social value of Polymarket, the regulatory risks in China, including potential gambling, digital currencies, and political sensitivities, make deep involvement undesirable, especially promoting the platform.
Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.
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