
Soarin
40 posts

Soarin
@Soarin22
Actuary and Predictor. Soon-to-be just predictor. https://t.co/F1l2e0Oupi










NEW: When you make a parlay bet on a prediction market, FanDuel might be your counterparty. Flutter, the parent-company of FanDuel, announced in its Q1 earnings report today that "in April, we began trialing market-making services on a major, third-party prediction market platform.” FanDuel has its own prediction market platform, FanDuel Predicts, which $FLUT CEO Peter Jackson tells me is mainly for onboarding new bettors in states yet to legalize traditional sports betting. “I want to do both,” Jackson says. “I want to make money through market-making and I want to acquire customers.” The prediction market market-making Flutter is doing is mainly in prediction market parlay or "combo" bets, Jackson says. Prediction markets say they differ from sports betting operators because they aren't the house. But now they may be pitting you against the house of Flutter.













