Limiting sharps being your competitive edge just means you’re absolutely dogsh*t at pricing.
Sportsbooks won’t stand a chance against PM because they’re not incentivized to improve their pricing and maximize liquidity provided to the point where it’s unprofitable. PMs are.
Limiting sharps being your competitive edge just means you’re absolutely dogsh*t at pricing.
Sportsbooks won’t stand a chance against PM because they’re not incentivized to improve their pricing and maximize liquidity provided to the point where it’s unprofitable. PMs are.
If an event has binary outcomes, it should be traded in a binary way. I won’t provide a mathematically proof for this argument, but my intuition is that if the truth to some underlying is a probability of a binary event, the cheapest way to hedge the underlying risk is by trading…
If an event has binary outcomes, it should be traded in a binary way. I won’t provide a mathematically proof for this argument, but my intuition is that if the truth to some underlying is a probability of a binary event, the cheapest way to hedge the underlying risk is by trading…
Id argue institutional investors should just trade prediction markets to hedge then. If you think product A has bets to trump win:
Trump win gaps up on Kalshi -> buy product A sell Trump p(win) on Kalshi.
If it’s a real move caused by real rationale, good you make money on…
Id argue institutional investors should just trade prediction markets to hedge then. If you think product A has bets to trump win:
Trump win gaps up on Kalshi -> buy product A sell Trump p(win) on Kalshi.
If it’s a real move caused by real rationale, good you make money on…
The point is not about who can move the market more. Prediction market is *not* accurate by mimicking the voting process through a “wealth-weighted voting” pricing. It’s accurate by being an incentive to the ones who would do the actual work to dig through the data and find…
The point is not about who can move the market more. Prediction market is *not* accurate by mimicking the voting process through a “wealth-weighted voting” pricing. It’s accurate by being an incentive to the ones who would do the actual work to dig through the data and find…
Since when was election/politics a “single handily determined” outcome. Also, did TSLA stock not also gap up after Trump winning the 2024 election? Do you also consider Elon “manipulating” TSLA price by backing Trump here?
Traditional finance products also have huge beta to…
Since when was election/politics a “single handily determined” outcome. Also, did TSLA stock not also gap up after Trump winning the 2024 election? Do you also consider Elon “manipulating” TSLA price by backing Trump here?
Traditional finance products also have huge beta to…
8 months ago, on election night, we were on top of the world after Polymarket called the election.
8 days later, the FBI broke down my door at 6am and took all my computers and phones, looking for anything that could imply foul play.
While traumatic, it etched the story of…
Just an opinion...
Gonna put JS index expiry manipulation aside. It looks bad and if that was their intent it is bad.
But regarding the strategy where they sloppily buy deltas to turn around and sell option combos at artificially pumped prices...
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