building this because casinos are
the most profitable businesses ever
but retail will never own one when it’s below a billion dollar valuation
why should big investors own the upside from a game that retail is playing?
beta in 3 weeks
20 seconds of coding the odds engine for @fomoflipfun
Working on the pricing model behind every round. odds should move with the market, not with vibes.
The interesting part about prediction markets is not just volume anymore
Its the income statement.
Once fees, rebates, rewards, and earnings show up clearly, the category starts looking less like a betting app and more like a casino business with better rails
The next obvious question: what happens when users stop being just customers?