Darnell Boateng

Slippage costs scale with order size and available liquidity, not as a fixed fee.

Operators must stack three layers of monitoring to catch suspicious betting before it spreads.

Cross-sport parlays cost more than their legs imply, and market structure is the culprit.

Professional syndicates engineer misleading line moves to profit from recreational bettors.

Markets misprice longshots and favorites through behavioral bias, not structure.

Federal oversight and tax treatment differ materially between prediction markets and sportsbooks.