experimenting at @magicmarkets I like to run until my feet hurt
Joined August 2022
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introducing myself 🧵
im building the mobile play for magic markets, going head to head with polymarket and kalshi
cftc asked novig and prophetx to hold off on "micro" sports contracts. stuff like who scores first.
kinda get it tbh. if one player can settle a market in 20 seconds the price isnt really telling you anything
thumper isnt just nba and epl. it also runs on polymarket ufc, boxing, tennis, cricket and rugby pages
ufc 333 this weekend. open a fight and it shows which venue has the better price, with polymarket's fee added back in
tell me what breaks 🙏
magicmarkets.com/thumper?utm…
TEB retweeted
asked the ai to find vulnerabilities in my portfolio and it just drew a box around me at 4am 🦝
kalshi wants to bring back markets on the price of renting gpus.
from the building side: listing it is the easy bit. getting enough people on both sides so the price actually means something is the hard bit
TEB retweeted
The price on screen isnt always the price you pay
On Liverpool vs Villarreal, Polymarkets draw costs 21.8c all-in, while MagicMarkets offers 20.8c
Thats a $12 difference in potential payout on a $100 trade
Across 100 comparable trades, thats $1,200. Same stake, different execution price
Thumper is a free Chrome extension that puts @magicmarkets prices next to Polymarket sports markets, so you can compare the real cost before trading
Check the price
Then take the trade
1/ i built a chrome extension for @magicmarkets that shows you when polymarket isn't the cheapest place to take a sports position
it's called thumper. Free to use, no account required 🧵
TEB retweeted
Flash sales come and go. They’re nice while they last. But we cannot wave fees for NBA games because we never have fees on NBA games.
TEB retweeted
judge my mental state based on my lockscreen. wallpaper is what i'm manifesting, notifications are what i'm getting 🦝
georgia, alabama and texas all lost on saturday. auburn walked it off on a last second kick
building sports markets you learn this fast. 80¢ isnt a lock, its a price
somebody holding the 20¢ side had a very good weekend
thumper tip: open the side panel and there's a stake box. type what you'd put in and it shows the payout on each venue
heads up it uses the top of book price, it doesnt walk the order book. quick gut check, not a quote
magicmarkets.com/thumper?utm…
been building on thumper.
the banner next to the trade box refreshes every few seconds so you can see which venue is cheaper while the game's on.
free chrome extension, no account.
magicmarkets.com/thumper?utm…
polymarket token or ipo. either way traders care about the same thing: what does it cost to take a position. fees > tokenomics
tonight's nhl, sharks vs predators
polymarket: SJ 45¢, about 46.2¢ once the taker fee hits
MagicMarkets: 45¢
1.2¢ on a coin-flip line adds up. that's what thumper shows under the trade box. disclosure, we built it at MagicMarkets.
when polymarket's cheaper it says so too (brewers vs dodgers tonight, it is)
1/ i built a chrome extension for @magicmarkets that shows you when polymarket isn't the cheapest place to take a sports position
it's called thumper. Free to use, no account required 🧵