Sports betting = betting against a sportsbook with odds and payouts set by the house
Prediction markets = trading outcomes against other participants, with prices reflecting the market’s implied probability
Is it that hard to understand?
Sports betting is correct but for you all that look at LeBron or any other person that are involved in prediction markets are totally misinformed on the subject. calling prediction markets sports gambling is like calling the stock market a casino. you don't have to like it, but
