Episode Details
Back to EpisodesPrediction Markets: Gambling and trading blur together and the sports betting zero-sum game
Description
The conversation around Prediction Markets continues as the CFTC is ready to go to court and fight states over who has jurisdiction when it comes to enforcement and regulation. In addition, we look at why options traders are moving to Prediction Markets. The blurring of the lines between trading and gambling continue. Finally, we consider how sports betting is a zero-sum game. What does this ultimately do to the young men that are fueling all the action? This episode reviewed articles from The Epoch Times, The Wall Street Journal, CNBC, and Investopedia. This episode continues a conversation around Prediction Markets. Please check out related episodes – The rise of Prediction Markets! And Are Prediction Markets trading or gambling?