Post #2616778

Prediction markets say they’re different from sportsbooks. Gambling addicts say it’s all the same Sportsbooks have in-house experts who set odds that dictate payouts for winning bets. It’s the house versus the gamblers. Traders on predictions markets swap contracts of yes-or-no questions, and profits and losses are dictated by the market. Prediction markets generally make money through fees on contracts. For addicts, they are two paths to the same result. https://apnews.com/article/kalshi-polymarket-prediction-markets-45ffa90f68402461fcad768ce54caf6d #gambling #PredictionMarkets