Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Sean Pyles

👤 Speaker
10039 total appearances

Appearances Over Time

Podcast Appearances

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

I think a lot of people listening might be focused on how much money they could make or lose doing this.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Me, I'm thinking about taxes here and the fact that people are probably going to have to pay taxes on their earnings.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

So what's going on with that?

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

And something we've seen with platforms like Kalshi is that it's not just about what you believe might happen.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Sometimes it's what you are rigging to happen.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

There have been some controversies in sports betting about this recently, right?

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

So all of this is leading to a really new world for sports betting.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Can you talk us through how it's changing?

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Wow.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

On a single game.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

No.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

You mean, are any of you betting on the Bad Bunny concert?

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

I hear there's some game going on around it, but...

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Yeah, I'm among that 40% of people and I don't even care about sports besides the Olympics.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Okay, so Ana, how can people protect themselves?

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Because we know that people love sports betting.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

It can be a recreational activity.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

If you budget for it, it might not be a bad thing, but there are still a lot of risks as we were just talking about.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

And what's a good place for people to get that help?

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

You can also leave us a comment on Spotify or YouTube.