here’s an illustrative example: - you bet $100 at even odds on the Knicks to win. Knicks are up 40 with 5 minutes to go. - on Fanduel/Draftkings, your cash out value is $170 (house always haircuts the impatience). - on Polymarket/Kalshi, this same value would actually be $195 (weighed by probability of Knicks winning and done p2p). - you realize you can get better live odds p2p and move to prediction markets. - you start making and closing bets intra-game a lot more often given its convenience. - you eventually realize you can make more money expressing views on shorter timeframes when the house doesn’t take aggressive vig. - you shift your mindset from gambler (of outcomes) to trader (of odds). - you broaden from sports to politics, to macro events, to financial outcomes and beyond. you now identify as a trader.
se
se21 hours ago
the greatest thing prediction markets will do for consumers short term is it will take one of the biggest growing populations (sports bettors) and let them realize they’re just traders
17 bookmarks? bro i wrote this shit in subway surfer format so ppl wouldnt bookmark it
85 bookmarks… we need help
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