Aren’t general-purpose for-profit prediction markets, strictly speaking, illegal, at least in US?
Sure—but that answer doesn’t explain their relative lack of success in other countries (eg the UK)Additionally, where prediction markets work well (eg sports betting, political betting) there is a thriving offshore market catering to US customers.
Aren’t general-purpose for-profit prediction markets, strictly speaking, illegal, at least in US?
Sure—but that answer doesn’t explain their relative lack of success in other countries (eg the UK)
Additionally, where prediction markets work well (eg sports betting, political betting) there is a thriving offshore market catering to US customers.