Prediction markets aren’t just about guessing sports games anymore. A major financial watchdog now wants to know if betting on reality shows like Survivor or talent competitions is fair game—or if it’s a form of cheating in disguise. The agency in charge claims sports betting is fine, but TV contest
The Stanley Cup Final between Carolina and Vegas keeps getting more exciting. The first three games gave fans rare high-scoring action, with a total of 25 goals—the highest since 1981. No previous Final had seen both teams come back from multiple-goal deficits in the first two games. Carolina even e
The NBA Finals shift to New York tonight with the Knicks holding a 2-0 lead over the Spurs. Crowds at Madison Square Garden tend to draw extra attention, and this year’s guest list already reads like a who’s who of Hollywood and music royalty. Timothée Chalamet, Ben Stiller, Spike Lee and Fat Joe we
Before the first whistle blows, people are already trading millions on who will win the World Cup. Spain and France are neck-and-neck in these prediction markets, each with about a 16% chance according to platforms like Polymarket and Kalshi. England, Portugal, and defending champs Argentina trail b
Large trading groups are stepping into the world of sports betting, not to guess winners but to spot price differences between platforms. They use fast computers and math models that have worked in crypto markets for years. By watching two sites at once, a trader can see when one has a lower price f
The idea that sports betting has suddenly turned into a national crisis is often pushed by headlines, but the numbers don’t always match that picture. In Florida, a 138% jump in calls to a gambling helpline appeared after legal sports betting began last year, yet a similar rise was seen in Massachus
The 158th Belmont Stakes is set for a 7:04 p. m. start at Saratoga Race Course, but the real race might be against a changing sky. Forecasts predict afternoon highs in the low‑to‑mid 80s, cooling to the upper 70s by night. The key question is whether rain will arrive before the horses hit the gate.
Kalshi is offering a $10 bonus to new users who trade at least ten dollars in event contracts, using the promo code CBSSPORTS. The promotion comes at a time when several baseball matchups and the second game of the 2026 Stanley Cup Finals are scheduled for Thursday, giving traders plenty to choose f
Recent betting markets suggest that many people think Bitcoin’s price could fall below $50, 000 this year. The chances of a drop past $45, 000 have climbed to 38 %, while the odds for falling below $55, 000 are now 66 %. These changes happened as Bitcoin slid under $65, 000 for the first time
Rhode Island is shaking up its sports betting scene, but not everyone’s thrilled with how it’s happening. The state chose Bally’s to launch its second online sportsbook, beating out Rush Street Interactive, another company that wanted in. But here’s the catch: Bally’s won’t actually start operating
