Pinned
This, from CFTC @ChairmanSelig, is the best explanation you'll ever hear on the difference between derivative contracts (which prediction markets offer) and casino wagers (which sportsbooks offer).
It's night and day.
Americans For Fair Markets
@FairMarkets_US
AFM is making the case for responsible regulation, against blanket bans, and for the freedom of American adults to make their own choices.
