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CFTC Publishes Notice of Public Rulemaking Proposing Sports Event Contracts Be Included in Swap Definition

The CFTC today published a notice of public rulemaking that proposes providing additional market clarity on the definition of a swap The new definition proposed by the CFTC includes event contracts based on sports, politics, cultural, and weather-related events The notice will be published in the Federal Register The Commodity Futures Trading Commission is officially proposing to include event contracts in the definition of a swap, including event contracts based on sports, politics, cultural, and weather-related events. The commission today published a notice of proposed rulemaking that proposes providing additional market clarity by defining the term “swap” to include event contracts. “Americans use event contracts to hedge risks, speculate, and provide the public with information about the outcome of future events,” Chairman Michael S. Selig said in the announcement. “These products are commodity derivatives squ...
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CFTC to Exclude Casino-Style Gambling Products From Swap Definition

The CFTC today approved an interim final rule to exclude gambling-style games from its “swap” definition The rule will go into effect upon publication in the Federal Register Another recently proposed rule to include sports event contracts in the definition of a “swap” has yet to be approved The Commodity Futures Trading Commission today announced the approval an interim rule that will bar casino style-gambling products, including wagers placed on sportsbooks and casino games, from its definition of a “swap.” This will prohibit prediction market operators from offering any event contracts being offered around casino-style gambling products. It does not affect anything regarding DCMs offering federally-regulated sports event contracts, however. “Casino-style gambling products are not derivatives,” Chairman Michael S. Selig said in the announcement . “Just as the CFTC has done with respect to ...

Opening White Sox vs Guardians Game 5 Odds & Projected Starters

The Cleveland Guardians (85-77, 41-40 home) have rallied from an 0-2 deficit to force a deciding Game 5 with the Chicago White Sox (84-78, 36-45 away) in the ALDS. The AL Central rivals will meet in the winner-take-all finale on Saturday, October 10th, in Cleveland. First pitch is slated for 8:00 pm ET. The opening White Sox/Guardians Game 5 odds favor Cleveland by a not-insignificant margin. White Sox vs Guardians Game 5 Odds Market CHW CLE Moneyline +133 (43¢) -150 (60¢) Runline TBD TBD Total TBD TBD At prediction market Kalshi, the Guardians are trading at 60¢ to advance, which is equivalent of -150 American odds in traditional sportsbook terms. The White Sox come back at 43¢ (or +133). The runline and run total have yet to be posted. Despite only five teams remaining, both Cleveland and Chicago remain afterthoughts in the World Series odds ; the Guardians are trading at 7¢ and White Sox at 3.3¢. Probable Start...

Closing Odds & Final Picks for Buccaneers vs Cowboys (Thursday Night Football)

No 0-5 team has ever made the playoffs; the Bucs look to avoid said 0-5 start Dallas has scored at least 31 points in three consecutive games Continue reading for my Buccaneers vs Cowboys picks on TNF Thursday Night Football heads to Arlington as the Dallas Cowboys host the Tampa Bay Buccaneers at AT&T Stadium (8:15 PM ET, Amazon Prime Video) in a matchup ripe with compelling market disparities. On the Kalshi prediction boards, two standout positions headline the card: Over 48.5 total points trading at an even 50¢, and Tampa Bay priced at 56¢ to record at least two team sacks. By pairing Dallas’ relentless, high-octane scoring environment with Todd Bowles’ pressure-heavy defensive scheme, these two picks offer a synchronized attack on how this NFC clash is set to unfold. Buccaneers vs Cowboys Predictions & Picks Market Pick Yes Price Game total Over 48.5 50¢ (+100) Tampa Bay team sacks 2+ 56¢ (-127) ...

State AGs Ask SCOTUS to Hear Prediction Market Case

39 state attorneys General submitted an amicus brief to the U.S. Supreme Court urging the reexamination of a Third Circuit Appeals ruling The attorneys general point to split at circuit level regarding state and federal laws to regulate prediciton markets Amicus brief urges Supreme Court to take on the appeal and overturn the Third Circuit’s decision A bipartisan coalition of 39 state attorneys general submitted an amicus brief to the U.S. Supreme Court this week in support of New Jersey’s recent petition for an appeal of its lawsuit against prediction market operator Kalshi. Led by Ohio Attorney General Andy Wilson , the group submitted the amicus brief on Wednesday, noting that federal and state courts “are hopelessly confused and divided over an issue of immense importance: whether the Commodity Exchange Act preempts state sports-gambling laws.” The amicus brief was filed in support of New Jersey Attorney General Jenn...

Dodgers vs Brewers NLCS Odds, Schedule & Pick to Win

A clash of National League titans is set for the 2026 NLCS as the MLB-best Milwaukee Brewers (103-59 overall, 55-26 home, 48-33 away) host the two-time defending World Series-champion Los Angeles Dodgers (100-62 overall, 51-30 home, 49-32 away) in a best-of-seven series with a trip to the Fall Classic on the line. Milwaukee claimed the NL Central crown, captured the No. 1 overall seed across baseball, earned home-field advantage throughout the postseason, and punched its NLCS ticket by dispatching the San Diego Padres in four games in the NLDS. The Dodgers navigated a four-game NLDS victory over the Atlanta Braves. Despite Milwaukee holding home-field advantage and baseball’s top regular-season mark, Los Angeles enters the series as a sizable betting favorite. Dodgers vs Brewers Odds for NLCS Market LAD MIL Series Winner -170 (63¢) +163 (38¢) Game Spread TBD TBD Total Games TBD TBD Los Angeles is trading as a 63-cent favorite at Kalshi , w...

Oilers vs Ducks Prediction, Picks & Over/Under Odds (Oct. 7)

The Oilers visit the Ducks on Wednesday in the 2026-27 NHL regular season My Oilers vs Ducks picks and prediction cover the moneyline, puck line and total Compare goalie stats and injuries ahead of Oliers vs Ducks at Honda Center Two Pacific Division squads with unblemished regulation records clash as the Edmonton Oilers visit the Anaheim Ducks on Oct. 7 at Honda Center. Both teams hit the ice riding two-game winning streaks, making this an intriguing early-season showdown for bettors monitoring the current NHL odds . Puck drop is 10 p.m. ET (7 p.m. PT). The Oilers hit the road as expected favorites, fueled by the dynamic early-season playmaking of Connor McDavid. Edmonton will look to impose their offensive will against a surprisingly resilient Anaheim squad. The Ducks are embracing their role as home underdogs and will rely on young standouts like Leo Carlsson to keep their perfect start alive. Below are my Oilers vs Ducks prediction and b...