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

https://spark-wiki.win/index.php/Why_Do_States_Go_After_Payment_Providers_and_App_Stores_Instead_of_Just_the_Platform%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.