Elizabeth Ayoola

This episode was produced by Tess Bigland.

Hilary Georgie helped with editing.

Nick Karistamy mixed our audio.

And we want to say a big thank you to all of our editors for all of their help.

And I'm Elizabeth Ayola.

Later this episode, we'll be talking about navigating self-employment taxes.

But first of all, we have our weekly money news roundup, where we break down the latest in the world of finance to help you be smarter with your money.

Now, there are some huge athletic events coming up.

All gather here if you're a sports fan.

The Winter Olympics in Milan officially begins on Friday.

The New England Patriots and the Seattle Seahawks are facing off at Super Bowl 60 on Sunday.

And NCAA March Madness is just on the horizon.

Wow, that's over half of the states that allow legal sports betting now.

Yeah, it's everywhere.

Ana, talk us through app-based betting, because betting is becoming so accessible.

People can literally do it on their phones now using an app.

I have never done sports betting myself, but this sounds like the most straightforward kind of betting.

And if I were to do it, it'd probably be this.

Ana, I've been hearing a lot about prediction markets, and what I've been hearing is pretty wild because you can bet on almost anything under the sun.

Talk us through prediction markets.