HIS EXCELLENCY
80.8K posts

HIS EXCELLENCY
@RAREPALACE
#LakeShow #RavensFlock #RepBX



DraftKings co-founder says 97% of normal Kalshi users get decimated and only Wall Street wins "97% of people, the normal people who are responding to their marketing, pull up and think I see the number on the site, I click bet and I get the bet that you're saying. These are the people getting decimated by market makers. Wall Street. Susquehanna. The big Wall Street trading firms. Professionals putting millions of dollars in using APIs and algorithms to milk them as fast as possible." "I'm not saying these things shouldn't exist. What I'm saying is you can't market things one way like oh this is some nice site where Main Street has an advantage over Wall Street. Like Tarek posted. Every single person who's the 99% of normal users are getting their ass handed to them and losing at a 90% plus rate."





















