These days, you can win or lose money by betting on something as simple as a coin toss. And that's just a small example of the risk and reward of sports betting. I'm Rhonda Williams, the sports business reporter at Bloomberg News.And I'm taking you inside the world's biggest, flashiest and most expensive sporting events to answer one question. How does sports become this big of a business. Today, we're going to explore a new corner of the sports industry, a corner that divides opinions like nothing else.Som ...

Everyone kept waiting for retail investors to flood back into crypto and pump altcoins to the moon. We were told that once Bitcoin broke all-time highs, the retail horde would kick down the doors and send everything else flying. But well, that didn't happen, >> did it.Even when Bitcoin hit new all-time highs in October 2025, retail interest didn't show up in size. And uh here's the uncomfortable truth that nobody wants to admit. Retail investors didn't disappear. They didn't stop gambling.They just found ne ...

Lawmakers are gone for the rest of this week. I know that members of the House and Senate will be back next. But there doesn't seem to be a path for a breakthrough on a deal here when it comes to the masking or warrantless raids, unless you're hearing something differently.Congresswoman. What's going to happen here. How long could this last.Well, I'm not I understand. Maybe we've offered something else to the Republicans, but the Senate's gone. I mean, they're in Munich at the conference or some are at the ...

Sports books are in the business of kind of making money from the gamblers. And so if you're too good, you know, if you're a sharp, you could find that your account size could be limited and that they're not really letting you put down a lot of money. Risk prediction markets don't have these restrictions, so a lot of sharks have moved to prediction markets.Who are these people. Are they gambling enthusiasts or are they sports enthusiasts. They're coming from all sides.So you get you have do have financial t ...

Sports books are in the business of kind of making money from the gamblers. And so if you're too good, you know, if you're a sharp, you could find that your account size could be limited and that they're not really letting you put down a lot of money. Risk prediction markets don't have these restrictions, so a lot of sharks have moved to prediction markets.Who are these people. Are they gambling enthusiasts or are they sports enthusiasts. They're coming from all sides.So you get you have do have financial t ...

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More than $800 million in Super Bowl bets have already come in through prediction markets.On today’s Big Take podcast, @justinaknope and @iboudway joins @davidgura to discuss how these markets have changed the sports betting landscape — and how one pro is approaching his bets this weekend https://t.co/XqnkYKcAW2 ...

On “Checks and Balance”, how gambling became America’s new national pastime:🎧What is—and isn’t—sports betting, with @dannyfunt🎧How the Supreme Court unleashed sports betting🎧How prediction markets could change politics, with @rajivatbarnard https://t.co/7JN0N9nGk1 ...

More than $800 million in Super Bowl bets have already come in through prediction markets.On today’s Big Take podcast, @justinaknope and @iboudway joins @davidgura to discuss how these markets have changed the sports betting landscape — and how one pro is approaching his bets this weekend https://t.co/XqnkYKcAW2 ...