Wall Street Gets a 3-Second Head Start Over Retail in Event Bets

In the fast-moving world of sports betting, a few seconds can mean everything. On Crypto.com’s prediction market, those seconds now belong to the pros.

Crypto.com, one of the first US regulated exchanges to offer contracts tied to sports events, has put up documentation on its website explaining that customers will face a three-second delay when they place a wager on the outcome of sports games.

The disclosure clarifies that the delay will not apply to market makers on the exchange, who are often professional traders. This could allow those sophisticated players to change the prices they are offering ahead ...