Sports bets and prediction-market contracts can look similar, but the rules and...

https://www.ready-bookmarks.win/sports-betting-and-prediction-markets-look-alike-but-they-follow-different

Sports bets and prediction-market contracts can look similar, but the rules and risks differ. This explainer unpacks crypto’s role behind the scenes, from payments to settlement, and why Connecticut sent cease-and-desist orders to nine companies.