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"When you are a sports book, you are determining the odds"
Description
Coinbase Head of Litigation Ryan VanGrack says prediction markets and sportsbooks operate under fundamentally different structures “an exchange like Kalshi, they are pairing buyers and sellers on an exchange, and that determines the odds and the outcomes. When you are a sports book, you are determining the odds"
Tags
CoinDeskKalshiRyan VanGrackcoinbasepolicy and regulationsportssports book
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