Sports betting and prediction markets can 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 can look alike, but their rules, payouts and oversight differ. This explainer breaks down the distinction and crypto’s behind-the-scenes role, including Connecticut’s cease-and-desist orders against nine companies.