David Huffman

2.7K posts

David Huffman

David Huffman

@davidhuffman24

COO @sporttrade_app

United States Katılım Nisan 2009
880 Takip Edilen1K Takipçiler
David Huffman
David Huffman@davidhuffman24·
The original post hints sports volume is becoming a smaller piece of the pie, which is misleading due to the rise of RGQ volume which is also dominated by sports. I agree there will be a place for other broader categories but believe sports will continue to be the dominant retail product for some time.
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Joe Peta
Joe Peta@MagicRatSF·
David, I’m a bit puzzled by your co-sign here. You know where I work; everyday we are advancing conversations with our largest multi-$B customers who are itching to make $5M, $10M trades with us — to start — and not a single market on their “indication of interest” list, has anything to do with sports. Obviously, block trading and broker intermediation, our sweet spot, are works in progress, but I have zero doubt that in less than a year sports contracts will be a dwindling minority in terms of matched volume.
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David Huffman
David Huffman@davidhuffman24·
@DustinGouker Also worth noting seasonality of volumes in sports play perfectly into this hand too.
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David Huffman retweetledi
Sporttrade
Sporttrade@sporttrade_app·
An update from Sporttrade:
Sporttrade tweet media
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David Huffman
David Huffman@davidhuffman24·
Everyone arguing “more people win on prediction markets” is missing the point. The real question is how fast they lose? As most if not all will lose over time. And right now: wide spreads, and high fees mean we’re still far from optimized.
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SteveBrubaker
SteveBrubaker@stevebrubaker·
So I had Fitzpatrick on Kalshi. And I watched the app change values rapidly several times over the last few holes. The changes occurred well before the action showed up on TV. Yes latency. But who had the live feed needed to make those rapid changes? “Peer to peer”? Fuck no.
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CSPTrading.eth
CSPTrading.eth@CSP_Trading·
KALSHI STEALS FROM ITS USERS Today im launching KalshiSteals.wtf to keep a running tally of how much Kalshi has stolen from its users by not paying out interest on time. Again, Polymarket pays out 4% yield on 2028 positions that are sent EVERY DAY out of their own pocket
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alex ursa
alex ursa@alexursa·
@DCat7 @Kalshi @FanDuel @DraftKings Why would it be cheaper payments? But today they save on geolocation, generosity (faster paybacks), simpler tech (no need for hub/spoke model), no state tax, no execise tax (0.25 of handle), lower CPA. I would put it at 50%
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Davis Catlin
Davis Catlin@DCat7·
Betting twitter: what do you think a good estimate of the cost savings that @kalshi has vs. the traditional OSB’s like @FanDuel and @DraftKings? Between no gambling taxes, cheaper payments, no responsible gambling campaigns, etc. Anyone done this analysis?
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David Huffman retweetledi
Ryan Butler
Ryan Butler@ButlerBets·
"States would be crazy to raise sports betting taxes now with everything going on with prediction markets," DraftKings CEO Jason Robins said during today's earnings call
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