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Examining the dramatic increase in sports betting and prediction markets

Adrian Ma
/
ideastream

Another sports betting scandal has hit the news, and Ohio is involved again.

Kent State and Ohio University men’s basketball games have been highlighted as a part of an alleged point-shaving scandal. Players allegedly fixed games against the two schools.

This comes after two members of the Cleveland Guardians were changed in federal court for their alleged roles in a pitching scheme.

Ohio Gov. Mike DeWine told the Associated Press in November that he regrets legalizing sports betting in Ohio.

We’re talking about the dramatic increase in sports betting and prediction markets.

What does it mean to have endless betting possibilities on your phone? Who are the real winners and losers?

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