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Industry news, education and market analysis.

CBS19 on the NBA's partnerships with prediction-market firms, announced October 26.

BettingDeveloping

The NBA's Kalshi and Polymarket Deals Put the Rulebook in a Contract, Not the CFTC Memo

Priya Natarajan · 6d ago · 6 min

Pinnacle, January 5, 2024, explaining the vig, the margin every no-vig fair price on this list is calculated by removing.

Betting

TrueEdge Odds Update, October 24 — Another Quiet Stretch, a Correction on Outlier's Price, and the Annual-Billing Comparison Done Properly

Priya Natarajan · Oct 25 · 6 min

CBS New York, July 31, on the state's lawsuit against Kalshi, the case the commission's subpoenas were served alongside.

BettingDeveloping

New York Already Knows Kalshi Lets 18-Year-Olds Trade. The Subpoena Fight Is About How Many, and What That Costs

Priya Natarajan · Oct 25 · 6 min

Bloomberg, October 23, on CFTC chairman Michael Selig and the agency's watch for manipulation in prediction markets.

BettingDeveloping

The CFTC Has Found a Sports Contract That Isn't a Swap. Now It Has to Say Where the Line Is

Priya Natarajan · Oct 23 · 6 min

CNBC Television, June 24, Kalshi chief executive Tarek Mansour on the company's KPOW index and the regulation of prediction markets.

Betting

Kalshi's New Sector Markets Step Out of the SEC's Lane, and Into a Data Vendor's

Priya Natarajan · Oct 23 · 6 min

Pinnacle, November 18, 2025, explaining how to calculate expected value, the measure every tool on this list is built around.

Betting

TrueEdge Odds Update, October 22 — A Quiet Stretch, What Each Plan Costs, and Where Outlier and OddsShopper Beat Us

Priya Natarajan · Oct 22 · 5 min

ABC News, May 28, inside the federal crackdown on insider trading in prediction markets.

Betting

That Doesn't Mean You're Breaking Federal Law": The CFTC's Top Enforcer Just Described the Gap Every Sports Contract Lives In

Tommy Reyes · Oct 22 · 6 min