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

https://www.generate-bookmark.win/sports-betting-and-prediction-markets-can-look-alike-but-their-rules-payouts

Sports betting and prediction markets may look alike, but their rules and risks differ. This explainer traces crypto’s role in payments and settlement, and what Connecticut’s cease-and-desist orders against nine companies show about the regulatory divide.