1. Core Design: Who Sets the Price and Who Suffers the Loss?DimensionCasinoPrediction MarketPrice setterHouse (bookmaker)All tradersCounter-partyHouse vs. youYou vs. another userRisk bearerHouseNo central bearer; platform is broker onlyRevenueHouse-edge (2 %–10 %)Trading fee (0.1 %–2 %)Casino example – World Cup “Brazil wins”Stake $100 at 1.95 odds.Brazil wins → you collect $195; house loses $95.Brazil loses → house keeps $100.House needs complex models, limits, early cash-out tools to stay p...

1. Core Design: Who Sets the Price and Who Suffers the Loss?DimensionCasinoPrediction MarketPrice setterHouse (bookmaker)All tradersCounter-partyHouse vs. youYou vs. another userRisk bearerHouseNo central bearer; platform is broker onlyRevenueHouse-edge (2 %–10 %)Trading fee (0.1 %–2 %)Casino example – World Cup “Brazil wins”Stake $100 at 1.95 odds.Brazil wins → you collect $195; house loses $95.Brazil loses → house keeps $100.House needs complex models, limits, early cash-out tools to stay p...