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

https://ellassmartperspectives.urbanvellum.com/posts/how-do-event-contracts-get-priced-compared-to-sportsbook-lines

Sports betting and prediction markets can look alike, but their rules and payment rails differ. This explainer traces crypto’s behind-the-scenes role in funding and settling trades, and why Connecticut issued cease-and-desist orders to nine companies.