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

https://www.thecoinrepublic.com/2026/09/24/sports-bettings-three-way-legal-battle-crypto-quietly-maneuvers-between-the-lines/

Sports betting and prediction markets may look alike, but their rules, payouts and risks differ. This explainer follows crypto’s behind-the-scenes role in funding and settlement, alongside Connecticut’s cease-and-desist orders against nine companies.