Perp Talk: Sports Betting With Borrowed Funds, Infinite Timelines

Prediction market operators are brainstorming their next hit product as competition intensifies.

Some experts believe this will lead them to launch sports-themed perpetual futures contracts, a betting structure popularized by cryptocurrency backers.

So-called “perps” track the value of commodities like Bitcoin, with users waging on whether the price of the underlying asset goes up or […]