Sportsbooks • Prediction Markets • Policy | Board @bettorsvoice | Partner @BetSharpMoney | @Bet_Bash speaker. "I post suggestions, you make decisions."
Chicago
Joined May 2021
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The economics of origination have changed.
I spent time with @jeffedelstein talking how Prediction Markets have changed the economics for originators.
Great insight on the business of B2C sports products from @capjack2000, who knows more about that than just about anyone.
Prediction markets have upset the sports info market, as @adamlevitan and @EstablishTheRun take their props private and @RufusPeabody walls up his CFB index, w/ @SquirrelSigma and @capjack2000 with the color on this one ... ingame.com/prediction-market…
It’s the Ban-or-Bankrupt model, exactly as it’s designed.
“Allegations” is the wrong word here @CBSNews. The 2025 @MassGamingComm report proved empirically that losers get VIP and winners get limited.
“Solely” is doing a LOT of work here, @CaesarsSports. CLV?
s/o @fairplaygov
Professional sports bettor Mike Manning says he got a firsthand look at how a sports gambling betting platform treats winners differently from losers. He told CBS News’ Jim Axelrod that Caesars Sportsbook showered him with VIP perks when he was losing, then slashed his betting limits and cut off the perks after he started winning.
His account adds to allegations that sports betting platforms limit the amount skilled gamblers are able to wager.
In a statement, Caesars Sportsbook said, “We don't comment on the specifics of individual customer accounts. Caesars Sportsbook is an entertainment product and we consider a variety of factors including account activity, integrity protocols, and consistency with our terms and conditions, when establishing wagering limits and determining VIP rewards and benefits. No decision is made solely on a customer's win-loss record.”
Following this @railway security incident all day.
Now come the clickbait posts repeating the same thing we already know.
I've also learned a ton of interesting of trivia about actual trains and railways. Keepin' it fun, cool cool.
My 7th-grader asked me if there was a book series I read at his age that I could recommend.
Pulled this banger off the shelf and told him this series will keep him busy for months.
Good vs Evil, the value of friendships, great lore.
Nerd heaven.
I'll take "Things That Americans Do Instead of Reading" for $500, Alex.
...Eaten a gas station hot dog
...Run a red light
...Binge-watched Love Island
...Paid for a gym membership they never used
Americans were more likely to have read a book than listen to NPR use lazy constructs as clickbait🙄
The success of Prediction Markets is directly related to the introduction and rapid evolution of AI-assisted coding and modelling capabilities.
With broad public access to superintelligence, there is no democratization of risk-taking.
Everyone can compete. Everyone.
A alternate learning track you won't see at @G2Eshows this year: "Prediction Markets: Understanding Why So Many of Your Customers Want to Use Them"
Sessions include:
- 'Perhaps Asking PM Customers What THEY Think and What THEY like about the Product, Which Would Help Explain Why $FLUT and $DKNG Valuations are Getting Taken to the Woodshed'
- 'Odds are Just Probabilities - Learning How Sports Markets Actually Function'
- 'It's Not Me, It's You - How to Not Alienate OSB Customers Through Egregious Stake Factoring and Withdrawal Friction'
- 'Your Customers Are Not Stupid, They Actually Understand Risk, and Do Not Care About Your Definition of Gambling vs Investing - There's Plenty for Everyone, Because These are Different Products'
A dispatch from myself and @butlerbetstrade from G2E, which might be the biggest prediction market conference yet. It's just a prediction market conference that doesn't like them all that much:
covers.com/industry/g2e-all-…
@Covers
I had an uncle who worked at IBM and he'd give me the test versions of all of these DOS-based games for me to play.
Looking back, I understand what a gift that was.
Every one of these games fired from a 5 1/4" floppy and a C: prompt. Two NES games on my list, so many hours.
