It is interesting seeing 1Win finally have prediction market. That will gives more experiences to see what is on the lists and we can choose what we can bet. I will check it later and see if I can place a bet on one or two bets and hopefully I can be lucky enough to win the money

This is going to be one of the most popular features of 1win. Prediction is fast gaining popularity, so instead of players moving out of their platform, they can do it on a platform that they can trust with their money and in a fair way.
It's good that 1win added it on their platform; they know what their community wants, and they give it to them.

Is this similar to how Polymarket works or is it more like a traditional bookmaker where the odds are set by the provider?
Arbitrage is quite common in this type of prediction market. I wonder if arbitrage betting is allowed on 1Win.
Many online crypto casinos also offer similar prediction features such as duelbits and flip.gg.

Currently, the prediction is gaining traction, and we could say that it is the next line of entertainment in the betting industry as the patterns are quite different from the rest of the other betting types. Casinos are currenlty jostling for it in making sure they tap into the new betting market so that their customers would stay entertained for their stay with them and that has really worked for some and for 1win, I believe it is a good move to making sure they tapped into it so as to render quality services to their community at large.

Indeed and if they can manage it well, their market will be bigger. They may compete with Polymarket and people will choose what they wants.

Betting on many things is exciting as no one knows what happens later and more members will comes to their site and test the feature.

Knowing how big the scope of 1win there's really a big chance that they could able to compete with Polymarket. But this is not easy challenge since that site already manage to became stable prediction market and also have thousands of people betting in their platform.

But its good that 1win offered this option since aside from betting on traditional market, they also have prediction market which make their casino looks great and they make everything what needed by gambler available on their casino.

Just like casinos adopted sport booking when it becomes most lucrative and traffic driven aspect of gambling, the same way their will adopt predictions market by listing real life events for gamblers to ease their quest at some point, so I am ok seeing such development on 1win that shows that their are involving with time.

Most likely they confiscate your winnings if you are playing from restricted region and you used VPN. All casino actually do that, so if you know that your region has been listed on their restricted list better don't gamble.

If you insist for sure you will get a problem. So don't try to violate the geo restriction rules they set, since you cannot used the reason that you didn't know about that situation and casino will penalize you if they found out that you are bypassing the restriction they set.

Stick around on online casino which did not include your region on their restricted list.

When we know that a casino restricts access from our region but we still force ourselves to play there using a VPN, we must be prepared for the consequences. One such consequence, as mentioned, is that if we win and they detect something suspicious in our account, they will request KYC verification to confirm everything; and if they find that we’ve violated the rules, our account will be frozen and we’ll lose all our money.

And in my opinion, if we force ourselves to play, we won’t even enjoy the game. And in gambling, what’s the point of gambling if we can’t enjoy the game we’re playing? If we still want to force ourselves to play, then we have to put all those worries aside. And that’s not an easy thing to do because we’ll always have that thought in the back of our minds: “What if we win big? Will we be able to withdraw it?”

I used to keep my funds in another online casino that I accessed via VPN, and they let me withdraw my money without any issues. However, it's not a given that 1win will allow you to withdraw funds if your region is restricted. I think the best option would be to ask the casino's support team if withdrawals will be available to you in case you win anything. But even if they tell you everything will be fine, no one can give you a 100% guarantee that your funds will be released.