Alex Baker

2017-2021 #1 ranked overall for daily fantasy. @Stokastic cofounder. NBATopShot beta tester

[Alex Baker @AwesemoDFS]

Omg they need to educate people on basic gambling at MIT. Just wait until they hear about people betting heads at the Super Bowl at -105

[Niko @0xNiko1]

An MIT professor offered his class a coin flip: win $125 or lose $100. Most students said no. Then he proved refusing was the smart move, and it explains why you're bad with money.

The bet is a steal on paper. Flip a coin, win $125 or lose $100. Do the math and you come out $12.50 ahead on average. It's what economists call a more than fair bet. Most of the room still turned it down.

They weren't being dumb. They were being human.

Here's the idea underneath it. You don't actually care about dollars, you care about how much each dollar changes your life. And the dollars you already have are worth more to you than the ones you might win. So losing $100 stings harder than winning $125 feels good.

Then he pushed it further. He told the class he'd force them into that winning bet unless they paid to walk away. How much would they pay? The answer, with their standard math, was $43. People will hand over almost half their money to dodge a bet that's tilted in their favor.

That's not weakness. That's a law of how the mind values risk, and it has a name: risk aversion.

And it's the whole reason insurance exists. Being uninsured is just this coin flip in disguise. You quietly pay to never be the person who gets wiped out, even when the math says the odds are on your side.

Once you see it, you notice it everywhere. Every warranty, every premium, every bet you've refused. You weren't being irrational. You were pricing the fear.

[Alex Baker @AwesemoDFS]

I refuse to believe this would ever actually happen https://t.co/guVlp48ipS

[Alex Baker @AwesemoDFS]

This daily login bonus on FanDuel Faceoff is dope

[Alex Baker @AwesemoDFS]

People will bet on anything

[Alex Baker @AwesemoDFS]

Something must be wrong with the Instagram algorithm because whenever I open it I see Powerslap posts

[Alex Baker @AwesemoDFS]

@ThunderHour Blake Griffin TSD

[Alex Baker @AwesemoDFS]

Bananas have to be the sharpest buy at the grocery store. $.67/lb is insane value per dollar

[Dov Kleiman @NFL_DovKleiman]

Disrespectful: Madden 27 only gave Browns QB Shedeur Sanders a 69 overall rating for this upcoming season.

In 2025, Shedeur was a Pro Bowler and threw for 1,400 yards, 7 TDs, and 10 INTs with a 56.6 completion % in seven starts for the Browns.

One of the WORST grades ever 🤦‍♂️

[Alex Baker @AwesemoDFS]

People really don’t appreciate how physical a sport table tennis is

[Alex Baker @AwesemoDFS]

LeBron joining the 76ers on the 250th year after the Declaration of Independence... If you didn't predict that then why are you wasting your time in prediction markets?

[Alex Baker @AwesemoDFS]

If LeBron James is only getting $4m a year Jalen Duren has to be a $8m a year player max

[Alex Baker @AwesemoDFS]

Netflix trying to do this for prediction markets but worse https://t.co/kiyktjbl5F

[Alex Baker @AwesemoDFS]

Wordle is straight up making up words now

[Alex Baker @AwesemoDFS]

Betting really is ruining sports. That 60 seconds of Conor McGregor vs Max Holloway would have been fantastic without money riding on it.

[Alex Baker @AwesemoDFS]

People say youth is wasted on the young but you can’t play DFS until age 18 so is it really?

[Alex Baker @AwesemoDFS]

This has to be one of the biggest blowouts in sports history

[Alex Baker @AwesemoDFS]

It’s sad to hear about people trying to make it rich by rigging sports bets instead of the doing it the honest way by binking in DFS

[Alex Baker @AwesemoDFS]

@Mr_Husky1 No it would be too hard to not spend it on NFTs and the transactions would all be public on the blockchain

[Alex Baker @AwesemoDFS]

When you put in 149 DFS lineups from the sims and you bink with the 1 lineup you hand built

[Wimbledon @Wimbledon]

Alexander Bublik. Underarm ace. Saturday night.

[Alex Baker @AwesemoDFS]

Happy 250th birthday to the USA. Knew this country would be a success ever since the invention of daily fantasy sports in 07