[kube-system]

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.

[jkqwzsoo]

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.