BREAKING: Utah has filed felony and misdemeanor criminal charges against prediction-market platform Kalshi and two of its top executives, Tarek Mansour and Luana Lopes Lara. https://t.co/04LN1shsIa
Week 5 NFL Best Bet:
Drake London under 80.5 receiving yards
My model has London closer to 70 yards. His volume has been inconsistent, while Baltimore ranks inside the top 10 in defensive passing EPA and success rate.
https://t.co/zUBD5Ex3Y8
https://t.co/3tR3N68csF
If you're trading golf on Kalshi, stop thinking like a bettor.
Think like a liquidity provider.
Use DataGolf as your baseline.
Start with its projected probabilities.
Then make the Kalshi market come to you.
Don't chase prices.
Post bids and offers that give you a meaningful edge over DataGolf's fair value.
If DataGolf estimates an outcome at 40%, don't buy at a price that already reflects 40% or worse.
Demand a better price.
Give yourself a margin of safety.
Think of yourself as providing liquidity to the market, not chasing every trade.
Your job isn't to predict every winner.
Your job is to consistently buy when Kalshi offers a price that's significantly better than your estimate of fair value.
Over hundreds or thousands of trades, discipline beats excitement.
Never trade because you're bored.
Never convince yourself a mediocre price is "good enough."
The price is everything.
DataGolf provides the estimate.
Your edge comes from getting a better price than the model.
If the market doesn't come to your number, let someone else make the mistake.
There will always be another opportunity.
Professional trading isn't about making more predictions.
It's about consistently demanding value.
Protect your bankroll.
Provide liquidity.
Wait for value.
Repeat.
The saddest part about the rise of prediction markets is that I can power rank all of the timothee chalamet fan accounts by how fast they tweet his public appearances