Houstonians cashing in on loopholes in laws that allow sports betting in Texas

HOUSTON – Texas law outlaws traditional sports betting, but loopholes in how some companies operate are giving Texans new ways to wager.

“It all started two years ago during the Super Bowl,” said Antonio Langer of Houston. “You know, everybody loves the Super Bowls, so I deposited a little bit of money and struck it big.”

Two main legal workarounds have emerged in the Texas betting landscape: prediction markets and daily fantasy sports (DFS)…

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