Sports betting and prediction markets can look alike, but the rules and risks...

https://www.cast-bookmarks.win/sports-bets-and-prediction-market-contracts-may-look-alike-but-they-face

Sports betting and prediction markets can look alike, but the rules and risks differ. This explainer unpacks crypto’s behind-the-scenes role, from funding and settlement to Connecticut cease-and-desist orders against nine companies.