Game of the Year prediction markets have become a multimillion-dollar business

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Instead, wagering on Game of the Year has taken off on online prediction markets like Kalshi and Polymarket. These are, legally speaking, not gambling at all. They are peer-to-peer financial markets where users trade yes/no “contracts” on the outcome of real-world events. As such, there is no “house” setting odds that users are betting against. […]

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