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

https://elliotsinspiringblog.scriblorax.com/posts/draftkings-and-crypto.com-s-february-deal-does-it-mean-crypto-deposits-are-allowed

Sports bets and prediction-market contracts can look alike, but the rules, payouts and oversight differ. This explainer tracks crypto’s role in funding and settling trades, and what Connecticut’s cease-and-desist orders against nine companies reveal.