A legal analysis by lawyer Liu Zhengyao raises concerns about the potential legal risks for Chinese users engaging with Polymarket, a platform that allows users to bet on the outcomes of uncertain future events. According to Liu, such activities may fall under the category of "games of chance" as defined by Chinese law, which could lead to criminal charges related to gambling. Liu advises Chinese mainland users to be particularly cautious of the legal standards for "gambling crimes" to avoid criminal liability. Additionally, individuals or institutions in China that promote, support operations, or provide payment channels for Polymarket may also face legal risks.