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

https://judahsbrilliantthoughts.rivetgarden.com/posts/is-there-a-safe-way-to-use-crypto-with-betting-without-breaking-state-rules

Sports bets and prediction markets may look alike, but rules and payouts differ. See how crypto can fund accounts and settle trades, and why Connecticut's cease-and-desist orders against nine companies matter to users.