Andrew Healy's Futures and Prop Bet Extravaganza

In the ridiculous world in which we live, there are some things that are legal to bet online and some that are not. Here are some of the things that are legal to bet online in this great country:

Fake teams of real football players, a.k.a. fantasy football

Garden-variety stocks and bonds

Whether some company will go belly up, a.k.a. credit default swaps

The future value of the Thai baht

But if you want to bet on other stuff online, you often have to wire your cash to some guy in Panama. (I am not making this up. At least as of a few years ago you sent your cash to some random name in a Central American country. Then your cash would appear in your account soon after. Or so I heard.) That's how…