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Wisconsin election officials have warned that individuals who bet on election outcomes through prediction markets may lose their right to vote in those elections, based on a 1849 statute. Other states, including New York, have similar laws, but the implications for prediction market participants remain unclear as legal challenges and interpretations evolve.
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Wisconsin election officials have warned that individuals who bet on election outcomes through prediction markets may lose their right to vote in those elections, based on a 1849 statute. Other states, including New York, have similar laws, but the implications for prediction market participants remain unclear as legal challenges and interpretations evolve.
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Could you lose your right to vote if you bet on an election?
Wisconsin Officials Warn Voters Against Betting on Elections