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Financial Express
Trends
- 1Prediction markets pay players and leagues, fans bear the cost▼As players and leagues win with prediction markets, fans left holding the bag
A San Antonio Express-News column argues that the boom in sports prediction markets is enriching players and leagues while leaving ordinary fans to absorb the losses. The piece contends that as betting-style contracts on game outcomes expand, those running the markets profit while bettors — largely fans — carry the financial risk.