brad m1d ago
#athletics #trackandfield
No.
“The new world of legalized #gambling has us thinking over/under on everything from #sports to geopolitical events. Should #running go all in on the trend?”
“There’s no reason to allow the scourge to infiltrate the sport of #running”
#Gambling only encourages and amplifies the negatives of doping. Prop(osition), a.k.a. side bets, only amplify the evils of #gambling”
#betting transmogrifies what is otherwise a simple, if not pure sport” https://run.outsideonline.com/opinion/betting-on-running-could-grow-the-sport-but-at-what-cost/
Betting on Running Could Grow the Sport—but at What Cost?

The new world of legalized gambling has us thinking over/under on everything from sports to geopolitical events. Should running go all in on the trend? Attorney and lifelong runner Adam Chase gives us both sides of the argument.

run
Show threadbrad m

🧐 “the narrow framing is the better reading.” It thus “preempts state laws that directly interfere with swaps traded on DCMs. Kalshi’s #sports-related event contracts are swaps traded on a CFTC-licensed DCM, so the CFTC has exclusive jurisdiction”
🛎️ “I see Kalshi’s actions as a performative sleight meant to obscure the reality that Kalshi’s products are #sports #gambling”

#Sports bets on prediction markets ruled to be “swaps,” exempt from state laws https://arstechnica.com/tech-policy/2026/04/sports-bets-on-prediction-markets-ruled-to-be-swaps-exempt-from-state-laws/

Sports bets on prediction markets ruled to be "swaps," exempt from state laws

Court rules US preempts states from applying gambling laws to prediction markets.

Ars Technica
Apr 8 at 1:11amWeb