‘Rogue cowboys:’ Sportbooks Fight Prediction Markets Even Though Their Super Bowl Cut Is Likely Small - The Nevada Independent

‘Rogue cowboys:’ Sportbooks fight prediction markets even though their Super Bowl cut is likely small - The Nevada Independent

Nationwide, sportsbooks are expected to see between $1.6B and and $1.7B in bets on the Seahawks and Patriots, but Nevada won’t match its 2024 record.

The Super Bowl of Prediction Markets

As prediction markets have exploded onto the scene in recent years, allowing bets to be placed on a wide range of event-driven outcomes, many have asked whether it is optimal to have markets in everything. But the real question is how best to ensure that these powerful tools are transparent and auditable.

Welcome to the Prediction-Market Super Bowl

Super Bowl LX features hundreds of millions of dollars being traded across a staggering number of markets on a litany of platforms.