{"id":633618,"date":"2026-07-23T09:30:50","date_gmt":"2026-07-23T09:30:50","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=832942"},"modified":"2026-07-23T09:30:50","modified_gmt":"2026-07-23T09:30:50","slug":"how-prediction-markets-actually-work-and-what-it-takes-to-build-one-legally","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/23\/how-prediction-markets-actually-work-and-what-it-takes-to-build-one-legally\/","title":{"rendered":"How Prediction Markets Actually Work (And What It Takes to Build One Legally)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/headers-prediction-markets-768x432.png\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" style=\"float:left;margin:0 15px 15px 0\" \/>Offering players worldwide the opportunity to bet on any world event: this is the promise of prediction markets platforms. With the massive success and traction of names such as Polymarket and Kalshi, one may wonder: how do these companies operate, behind the curtain? LegalBison is a global boutique legal and business services firm and licensed [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Offering players worldwide the opportunity to bet on any world event: this is the promise of prediction markets platforms. With the massive success and traction of names such as Polymarket and Kalshi, one may wonder: how do these companies operate, behind the curtain? LegalBison is a global boutique legal and business services firm and licensed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":633619,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-633618","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/633618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=633618"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/633618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/633619"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=633618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=633618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=633618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}