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

https://varimail.com/articles/robinhood-says-13-6-billion-event-contracts-traded-what-does-that-number-mean/

Sports betting and prediction markets can look alike, but their rules and risks differ. This explainer shows crypto’s behind-the-scenes role in payments and settlement, and why Connecticut’s cease-and-desist orders against nine companies matter.