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

https://wiki-club.win/index.php/What_Is_a_Preliminary_Injunction%E2%80%94and_Why_It_Is_Not_a_Final_Ruling%3F

Sports bets and prediction markets can look alike, but their rules, payouts and oversight differ. This explainer breaks down crypto’s role in funding and settling trades, including Connecticut’s cease-and-desist orders against nine companies.