zack - 4c ☯︎
7.1K posts

zack - 4c ☯︎
@4caster20
living this beautiful life @4castersbet
انضم Ağustos 2012
461 يتبع786 المتابعون

"But the biggest prediction markets today are not primarily built around trading efficiency. Kalshi, for example, operates more like a square sportsbook than a sharp sportsbook. Its model is built around bringing in price-insensitive takers and letting market makers trade against them....Polymarket appears to be moving in the same direction. They went from charging no fees to roughly 1.5%+ on takes. Volume only dropped about 20%."
4casters betting exchange@4castersbet
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@4caster20 @4castersbet how do you guys calculate matched volume??
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can't lie the ag of washington cooked with this one

Attorney General Nick Brown@AGOWA
Washington is suing Kalshi for running an illegal betting operation. Kalshi tries to deceive governments and consumers by calling itself a ‘prediction market.’ If you spend a minute on their website, you’ll clock that this is a gambling site. They claim to offer a new financial product, but they’re just a bookie with a huge amount of venture capital. atg.wa.gov/news/news-rele…
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zack - 4c ☯︎ أُعيد تغريده

@nigeleccles states keep sports betting feds get sports insurance prediction parlay contracts
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@4caster20 This is largely the same court that ruled sports betting was a states rights issue in 2018
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@RetardedGambler we will have markets on how each justice will vote
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@DustinGouker my hunch is generic polls will of 10,000 semi informed people answering honestly would be more accurate than the PMs if you assume there isn't some whale with inside info in the market
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The idea that a yes or no market replaces the news is completely overblown. Congrats, you know a thing happened. You have no idea how or why.
Mainstream media fails us a lot but binary markets are still informed by the news. And provide us more than a headline with no context.
Howard Lindzon@howardlindzon
Decentralized inside information is the key to growth … a feature not a bug. you don’t have to play … Better media than anything that previously existed with us also why New York Times will only get worse
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