[_zgx0]

Futures markets serve an important role outside of speculation, i.e. producers managing their future price risk. Betting markets do not.

[memkit]

Everything in finance is isomorphic to some combination of borrow-lend agreements. Betting markets and futures markets are functionally one in the same. The only difference is the oracles and the series of bets required to construct your position.

[hnburnsy]

Agreed but can entities also use the prediction markets to hedge against events that affect them directly or indirectly?