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

https://research-wiki.win/index.php/Who_Are_the_Main_Players_in_the_Three-Way_Sports_Betting_Fight%3F

Sports betting and prediction markets can look alike, but their rules, payouts and oversight differ. This explainer breaks down the distinction and crypto’s behind-the-scenes role, including Connecticut’s cease-and-desist orders against nine companies.