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

https://juliet-wiki.win/index.php/Connecticut_Asked_Payment_Providers_and_App_Stores_for_Information%E2%80%94Should_Vendors_Worry%3F

Sports bets and prediction-market contracts can look similar, but the rules differ. This explainer shows how each works, where crypto fits behind the scenes, and why Connecticut sent cease-and-desist orders to nine companies - without the hype.