Less props for prediction markets under proposal
Summary
A new proposal may prevent prediction markets from allowing bets on specific sports events like referee decisions or player injuries. This means some types of sports betting contracts could be stopped.Key Facts
- Prediction markets let people bet on outcomes of events, including sports.
- The proposal aims to restrict certain sports-related contracts in these markets.
- Contracts involving referee calls or player injuries could be banned.
- The goal is to limit betting on specific parts of games that may be sensitive or hard to verify.
- This change would affect how some sports events can be predicted through betting markets.
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