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

https://www.list-bookmarks.win/a-plain-language-look-at-how-sports-betting-differs-from-prediction-markets-and

Sports betting and prediction markets can look similar, but their rules, payouts and oversight differ. This explainer shows where crypto fits behind the scenes and what Connecticut’s cease-and-desist orders against nine companies reveal about the stakes.