Sports betting and prediction markets may look alike, but their rules, payouts,...

https://www.deltabookmarks.win/sports-bets-and-prediction-markets-can-look-alike-but-they-follow-different

Sports betting and prediction markets may look alike, but their rules, payouts, and oversight differ. This explainer traces crypto’s behind-the-scenes role in payments and settlement, and why Connecticut issued cease-and-desist orders to nine companies.