Decentralized Betting vs. Regulated Prediction Markets: A Side-by-Side Guide for U.S. Traders
Surprising claim up front: price quotes on decentralized crypto prediction markets can diverge from regulated U.S. markets not just by a few cents but by reflecting fundamentally different information sets and incentives. That gap matters because a contract price isn’t only a probability estimate — it’s a compressed signal of who can participate, how disputes […]
