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0 pointskube-system3y ago0 comments

Prediction markets for sports is reported on a W2-G, and skilled people can consistently make gains doing sports betting.

Stocks are different because they are assets. You get something for your money.

0 comments

jkqwzsoo3y ago

Prediction markets (i.e., cash-settled futures) for interest rates, FX rates, volatility, financial index values, etc., on the other hand, don’t require W2-Gs and are even tax advantaged.

j / k navigate · click thread line to collapse

0 pointskube-system3y ago0 comments

Prediction markets for sports is reported on a W2-G, and skilled people can consistently make gains doing sports betting.

Stocks are different because they are assets. You get something for your money.

0 comments

jkqwzsoo3y ago

Prediction markets (i.e., cash-settled futures) for interest rates, FX rates, volatility, financial index values, etc., on the other hand, don’t require W2-Gs and are even tax advantaged.

j / k navigate · click thread line to collapse