You can bet on anything these days, but should you?
SalonWhen I was growing up in Memphis, gambling was illegal in the state of Tennessee. We need your help to stay independent Subscribe today to support Salon's progressive journalism “It’s also regulated by the governing bodies of those respective sports, like the NFL, NBA and MLB,” said David Vinturella, sports betting and marketing expert at the University of Nevada at Las Vegas. If you bet on the winner of “The Great British Bake Off,” there’s a chance that you’re friends with a producer who’s given you an inside scoop. “So if you were to go to the Better Business Bureau and say, ‘Hey, I placed an illegal bet in an unregulated market in an organization not based in the U.S.,’ there’s virtually nothing they could do.” Whether you’re using a site like Polymarket or Predicit or a traditional sports betting app, the risk is the same as with any other kind of bet Another issue is that sites like Polymarket require users to jump through hoops to place a bet. Whether you’re using a site like Polymarket or Predicit or a traditional sports betting app, the risk is the same as with any other kind of bet.