Oliver B

Betting on betting and betting

[Oliver B @oliveredge]

https://t.co/eyMRwqXA2j

[Coalition for Prediction Markets @PredictAction]

Public records reveal that the American Gaming Association colluded with 20 state gaming auditors to limit consumer choice.

The AGA drafted lobbying materials that wound up word-for-word in an official Maryland filing to the CFTC.

[Oliver B @oliveredge]

👀

[PredictionMarketPulse @PredMP]

It appears @Novig (Ludlow Exchange) filed some Rulebook amendments re: RFQ/combos and other items with the CFTC last night. Could this be a sign that a launch is around the corner 🤔

https://t.co/5rS5gDI7b9

[Oliver B @oliveredge]

What’s even crazier is that is what is really accounted for. Actual $’s wagered likely double or triple this figure in the US. Doesn’t include global market (Asian Market 5x size of US)

[Anthony Pompliano 🌪 @APompliano]

Americans wagered 2x more money on sports gambling last year than Amazon made in net income.

That is insane.

[CK Capital @CKCapitalxx]

The tech behind the Midjourney scanner is insane. And the company quietly powering it is Butterfly Network $BFLY.

Here is how it works.

You step onto a platform that lowers into a shallow pool of warm water.

Thousands of underwater sensors fire ultrasound through your body from every angle at once.

Software rebuilds it into a full 3D map of your muscle, fat, bone, and organs down to a fraction of a millimeter.

All in about 60 seconds. No radiation. No magnets. No tube. No lying still.

But here is the part nobody is talking about. The imaging chip is not Midjourney’s. Every scanner runs on 40 of Butterfly’s Ultrasound-on-Chip modules.

Midjourney brings the software and the brand. $BFLY brings the actual physics of the imaging, licensed under a deal worth up to $74 million over five years.

And the scale is staggering. Midjourney is targeting 50,000 scanners and a billion scans a month by 2031. Future versions use even more modules each. Butterfly gets paid on every single unit.

Everyone is looking at Midjourney. The picks and shovels play is $BFLY.

[Oliver B @oliveredge]

It’s sad to watch so many friends and people in the crypto space lose a large portion or all of their net worth. They degenerately made the money but did the same when things went stale.

But I do think this was the true shake out needed for BTC/Crypto to become a real institutional asset.

[Rex Salisbury @rexsalisbury]

why is Meta getting into prediction markets!?

well...
- 90% of prediction markets volume is sports
- TikTok's fastest-growing category: sports (women's hoops +243%, tennis +112% YoY)
- 75% of tiktok users are sports fans
- 57% of TikTok users watch sports weekly
- X's top engagement vertical: sports.

meta has 3.5 billion DAUs. most are sports fans.

[Dan Bernstein @dan_bernstein_]

Novig is the latest prediction market company to hire someone with experience in President Donald Trump’s administration, announcing Elie Mishory as its new chief regulatory and legal affairs officer.

His path: CFTC ➡️ Kalshi ➡️ DOGE ➡️ Novig

https://t.co/El4OjHph4Q

[Oliver B @oliveredge]

😵‍💫

[Caitlin Ostroff @ceostroff]

Our @WSJ investigation into Polymarket’s deceptive marketing campaign in print today.

Full article here: https://t.co/ZuszmSLfFN

[Oliver B @oliveredge]

Traditional VC’s 🤢

[Jacob Fortinsky @j__fort]

I once took money from a VC because they said they could intro me to the founder of another startup in the space (a portco of theirs).

When I asked them to make the intro a month later, they said no and that I had to remember that that person’s time is way more valuable than mine and instead they could forward any questions I had.

[Oliver B @oliveredge]

Nightmares about @Novig ?

[Ben Horney @BenHorney]

NEW: Kalshi cofounder and CEO Tarek Mansour doesn’t consider Polymarket to be his primary competition, and tells @FOS the rival platform should “come under the regulated umbrella” because recent scandals serve to sully the entire industry’s reputation.
https://t.co/3S7Ox4umw0

[CNBC @CNBC]

Novig wins CFTC approval as competition intensifies in sports prediction markets https://t.co/dB9jsP6EuZ

[Jacob Fortinsky @j__fort]

https://t.co/eCXH7w9c94

[Oliver B @oliveredge]

They really might burn it down

[Oliver B @oliveredge]

What’s a fable?

[china @chinamaniac]

It’s safe to assume every single commercial of Draftkings on TV and Radio by anyone on your TV is a bought and paid for advertisement to get you addicted to gambling , or someone making money from it (Draftkings Wall St / Goblins who will only book you if you lose or works for a platform) who want casuals comfy in the sharktank

[BareNakedCrypto 🫐, @BullNakedCrypto]

Oh you mean $ZEC the coin whose HQ is 5min from CIA

had an "exploit" in it that could mint infinite coins

And was mentioned multiple times in the epstein files?

HAD AN "SECRET" EXPLOIT
SUUUUUUUUUUUUUUUUUUUUUUREEEEE

[Udi #BIP-110 @udiWertheimer]

btw this isn’t the first time a bug like this was discovered in zcash. last time it was disclosed after being a year+ in the wild and everyone lost faith and zcash went to zero for 7 years, until they found a new generation of buyers who doesn’t know the history (that’s you)

[Alex @alex_hunter20]

JUST IN: @coingecko just updated the $ZEC max supply on their website.

[Oliver B @oliveredge]

@haralabob I think it’s fair to assume you’ve been short? (I am)

[Haralabos Voulgaris @haralabob]

You’ve got to admire the courage.

Most goblins quietly extract in the background, count their millions, and pray nobody notices the bodies piling up behind the business model.

But you seem to relish the spotlight, dressing naked self-interest up as some noble public service.

Co-found a company that spent billions marketing gambling to young Americans, barely clear $3.7 million in profit on over $6 billion of revenue, cash out hundreds of millions along the way, keep selling stock through planned 10b5-1 plans…

And then bravely warn everyone about prediction markets.

Very inspiring.

https://t.co/sO7PkHg3Zf

Can’t wait to see who they cast to play you when HBO finally makes their Draftkings version of the Sackler story.