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

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

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