There's no such thing as sure thing. That's why they call it gambling - O. Madison 🪪 AKA @BillSperos 🐶 Dad 💰 Paid $8

Founded 1965 - ® 2016
Joined June 2011
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Obnoxious Boston Fan retweeted
.@DraftKings is extending its longstanding marketing relationship with the NBA into prediction markets. The agreement expands our ability to reach and engage eligible customers around NBA event contracts throughout the league ecosystem, complementing the continued expansion of DraftKings Predictions within our broader sports platform.
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Obnoxious Boston Fan retweeted
This season, Sam Darnold and the Seahawks have beaten the only 2 AFC Super Bowl champions since 2016.
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Big NBA news
🚨 BREAKING: The @NBA has reached a long anticipated "Memorandum of Understanding" with federal prediction market regulators and has named @Kalshi and @Polymarket its Preferred Market Exchanges. The NBA becomes the final major pro sports league in North American to take a stance on prediction platforms. The deal includes: ✅ Marketing and licensing rights ✅ Official @NBA data via @Sportradar ✅ Limits on permissible markets ✅ A ban on league and team personnel trading NBA event contracts ✅ Info-sharing obligations on investigations and suspicious trading ✅ An MOU with the CFTC to support a regulated, transparent framework Full Story & Analysis In Comments 🔽
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Happy Sports Equinox Eve!
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Replying to @keshvibezTV
This was covered in 1972 when Pauline Kael famously did not say "I don't know anyone who voted for Nixon." Nixon won 49 states Her actual quote "I live in a rather special world. I only know one person who voted for Nixon. Where they are I don't know. They're outside my ken. But sometimes when I'm in a theater I can feel them."
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"This is liquid insurance. Weather. Election contracts." - Berger This would be where the remaining capital beyond sports would come from - 70% non-sports (via Sanford Bernstein)
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"I think this is probably a similar set of issues that we've confronted for someone who's involved in sports betting a long time, and they're serious issues, but they have to be weighed against the business model and its other benefits." - @Eggernomics
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"Let e make a crazy statement. People that I know in the industry think that there is a possibility. possibility that this grows bigger than the stock market." - Neal Berger Eagle View Capital
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Sports "We see a 60% probability that (the Supreme Court) affirms the CFTC's jurisdiction over prediction matkets. Which means that there's a certain sense that this is here to stay, and public equity players in the sports betting space are investing in this business." @Eggernomics Bloomberg
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Hedge Funds "We see it growing is well beyond sports (to) liquid insurance. If I own a ski resort and I'm going to really have a bad year if it snows less than 10 inches a year, I want to protect that." Is there enough volume beyond sports and politics: "Not yet" Neal Berger, Eagle View Capital
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"We're at the beginning, the really very beginning of a hyper growth cycle for prerdiction markets as an asset class, both for retail but extending into what institutions want to be participating in as well." - Jeannie Hightower-Sellitto $DKNG
"Prediction markets clean up the information ecosystem." - @chucktodd
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"Prediction markets clean up the information ecosystem." - @chucktodd
We'll be covering @nextpredictio here . . . (Since @elonmusk won't let me in to my other @BillSperos account)
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Obnoxious Boston Fan retweeted
The CFTC ordered Novig and ProphetX not to list certain sports event contracts they've self-certified, FOS has learned. “It’s kind of a warning shot” to prediction markets, one source says. frontofficesports.com/articl…
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We'll be covering @nextpredictio here . . . (Since @elonmusk won't let me in to my other @BillSperos account)
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Obnoxious Boston Fan retweeted
EXCLUSIVE: A new study finds that political prediction market traders are not representative of all voters, but election market prices are more accurate than leading poll-based methods and not politically biased. The study found: ✅ In its first month of listing election contracts in 2024, Kalshi's prices beat every poll-based forecast (Silver Bulletin, FiveThirtyEight, The Economist) in the national race, all seven battleground states, and 19 Senate races ✅ A trader who believed the poll-based models and traded against Kalshi's national price would have lost 92 to 100 cents per dollar. ✅ No poll-based forecast would have been profitable to trade against Kalshi in any group of presidential contests. 💰 @Kalshi's 2024 election traders were 86% male and half were under 30. 🏠 Their home zip codes voted 28% for Trump. A market that priced its traders' politics would have leaned toward Harris, not Trump. Instead, 60% of the money went to Republican positions, and Kalshi priced Trump as the favorite through the final month. 🔢 The study used data from @Kalshi in 2024, @PredictIt in 2016, and New York betting markets from 1884 to 1940. ✍️The study was authored by @HarryDCrane, Professor of Statistics at @RutgersU and member of @CFTC Innovation Advisory Committee & @KolemanStrumpf, Burchfield Presidential Chair of Political Economy, Department of Economics, @WakeForest University. Story via @Rotowire Below
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Obnoxious Boston Fan retweeted
WEEI has won the Marconi Radio Award for Sports Station of the Year for the sixth time! Thank you to everyone who helped make this possible!
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Obnoxious Boston Fan retweeted
New Era In Boston It's Tatum's Team Now No Excuses
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Obnoxious Boston Fan retweeted
Thankfully the Red Sox didn't make the World Series There would be no Fenway Franks
Kayem Foods, Inc. is recalling nearly 1.6 million pounds of ready-to-eat cooked meat and poultry products because of a storage temperate issue. @eschulze reports.
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Obnoxious Boston Fan retweeted
⚠️ Bill Belichick Alert ⚠️ Belichick began his coaching career with the Baltimore Colts in 1975 as a "special assistant." The team was owned by Robert Irsay at the time. His granddaughter, Carlie Irsay-Gordon, fired her GM today.
Statement from Colts on Chris Ballard being out as GM:
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