LiveBettingProfessor

Former high frequency trader. NBA, NFL, Golf, #Bitcoin
@Linksdao @nuclearnerds

[Flood @ThinkingUSD]

In finance PnL does not matter. Alpha does not matter.

Don’t let anyone tell you otherwise. All that matters is that you’re really nice to other people and that you make sure you have large amounts of empathy for everyone. Don’t focus on making money, focus on friends.

[Haralabos Voulgaris @haralabob]

Over $1 BILLION lost by Kalshi combo buyers, according to InGame. Market makers have earned roughly $520 million after fees.

One detail deserves more scrutiny: persistent account IDs let market makers recognize repeat bettors and decide whether to quote them.

Kalshi says “we never limit customers for winning.”

What’s that worth if market makers can track your account and stop quoting you once they realize you’re not a fish?

You risk ending up with professional firms selling overpriced parlays to the customers who will be financially ruined by these products.

The prediction market industry calls this “price discovery.”

States call it gambling.

As someone who “gambled” for 20+ years, I can assure you it’s gambling. And a particularly insidious form when you obscure how predatory it is by rebranding parlays as “combos” and betting as “trading.”

These sites can and should do better.

[LiveBettingProfessor @HotHandGambling]

@DKSports 543

[LiveBettingProfessor @HotHandGambling]

@DK_Assist So this will be settled in the next 24 hours?

[Frank McCormick @CBHeresy]

@SenWarren My grandfather built McCormick Spices from nothing after your ancestors tomahawked his wife and kids. I'll be damned if you take another scalp from my family fortune!

[Warren Sharp @SharpFootball]

I’ve watched football for decades

today has been the MOST EMBARRASSING day I can ever remember for NFL refs

absolutely trash in so many games across the board

complete joke from the refs today

[Patrick Howley @HowleyReporter]

Simon has been found dead, reportedly from "suicide." RIP to Simon and to all whistleblowers who have died too young.

The truth about Lutnick will never die

[Haralabos Voulgaris @haralabob]

$15m to help get a generation of kids hooked on gambling is a choice.

LeShame.

[2022 Heisman Winner @vj_v_]

I have yet to see Lebron do this

[Flood @ThinkingUSD]

It's never about knowledge it's all about practical application of said knowledge.

You get paid in markets to understand things better than other market participants but you cannot realize this edge unless you actually know what bet to place.

[LiveBettingProfessor @HotHandGambling]

@ThinkingUSD https://t.co/2OpGoZGOng
Great organization in New Jersey, my son is non verbal autistic and he’s potentially going to go to school there. They have small size classrooms of no more than 4 and children from ages 4-18 between their two campuses.

[Arthur Hayes @CryptoHayes]

Thank you to my partners, my BitMEX employees, and most importantly our clients. It was an amazing ride. We did something special together. And I'm so proud of what we created and that we will shutdown responsibly on our own terms. Fuck TradFi, Fuck the Banks, Fuck the man. Satoshi for life.

[Treasury Secretary Scott Bessent @SecScottBessent]

17 years after the white paper, the Bitcoin network is still operational and more resilient than ever. Bitcoin never shuts down.

@SenateDems could learn something from that.

[The Sigma Mindset @thesigmamindset]

This short video will make you RETHINK your entire life ‼️‼️

[Bro Cooked @bro_cooked]

Bro cooked 😂☠️

[LiveBettingProfessor @HotHandGambling]

@Mike_kim714 Pick me 🙌🏾🙌🏾🙌🏾