CFTC-regulated event contracts versus state-licensed sportsbooks: what the two regimes actually differ on
One regulator beats fifty, but the tax treatment is what actually costs you money.
Darnell Boateng
Section
Features
2 stories in Features.
How a peer-to-peer betting exchange prices a market: order books, liquidity, and where the vig actually goes
Betting exchanges use order books to set odds through supply and demand, not margins.
Renata Kowalczyk