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Explaining Sports Betting’s Latest Craze: Prediction Markets | Can NWSL Sustain Rapid Growth?
FanDuel is the latest major sportsbook operator to enter the prediction-markets landscape, which offers a legal loophole for users to essentially bet on non-sports events, including the weather, political outcomes, and the price of cryptocurrencies. FOS deals reporter Ben Horney joins to explain how prediction markets work, why FanDuel and DraftKings are leaning in to them, and how we are just at the beginning of this potential billion-dollar industry.
Plus, Portland Thorns and USWNT midfielder Sam Coffey discusses her team's upcoming semifinal match, the NWSL's growth trajectory, expansion, and more. The Thorns take on the Washington Spirit in a Saturday playoff showdown.
Also, Luka Dončić and Jason Kidd address Nico Harrison’s firing.
Watch the full episode here.
There are risks when investing in ETFs, including possible loss of money. ETFs’ risks are similar to those of stocks. Investments in the tech sector are subject to greater risk and more volatility than more diversified investments. The Nasdaq-100 Index® includes the 100 largest non-financial companies listed on the Nasdaq. An investment cannot be made directly into an index. Consider the fund’s investment objectives, risks, charges, and expenses before investing. Visit Invesco.com for a prospectus with this information. Read it carefully before investing. Invesco Distributors, Inc.
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By Front Office Sports
4.8
211211 ratings
FanDuel is the latest major sportsbook operator to enter the prediction-markets landscape, which offers a legal loophole for users to essentially bet on non-sports events, including the weather, political outcomes, and the price of cryptocurrencies. FOS deals reporter Ben Horney joins to explain how prediction markets work, why FanDuel and DraftKings are leaning in to them, and how we are just at the beginning of this potential billion-dollar industry.
Plus, Portland Thorns and USWNT midfielder Sam Coffey discusses her team's upcoming semifinal match, the NWSL's growth trajectory, expansion, and more. The Thorns take on the Washington Spirit in a Saturday playoff showdown.
Also, Luka Dončić and Jason Kidd address Nico Harrison’s firing.
Watch the full episode here.
There are risks when investing in ETFs, including possible loss of money. ETFs’ risks are similar to those of stocks. Investments in the tech sector are subject to greater risk and more volatility than more diversified investments. The Nasdaq-100 Index® includes the 100 largest non-financial companies listed on the Nasdaq. An investment cannot be made directly into an index. Consider the fund’s investment objectives, risks, charges, and expenses before investing. Visit Invesco.com for a prospectus with this information. Read it carefully before investing. Invesco Distributors, Inc.
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