Sports bets and prediction markets can look alike, but they follow different...

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 they follow different rules. This explainer traces crypto’s role in trading and payouts, and what Connecticut’s cease-and-desist orders against nine companies reveal for users.