Sisyphus

[Sisyphus @Random501901]

@DustinGouker I’m also certain it’s not one.

[Sisyphus @Random501901]

@UDKCAJ @cyber_razz And if/when it can’t?

And how are you going to measure that? Ask the AI?

[Sisyphus @Random501901]

@0xMagicMaker @DustinGouker Sports insurance isn’t new. PMs do provide a legitimate venue for the insurers to lay off the risk. I’d expect books want that action too, free vig given it’s not a sharp bet - but maybe they’re restricted legally.

Doubt many leagues are ok with it, even as insurance.

[Sisyphus @Random501901]

@lfcphl @newstart_2024 He's 35. The younger generations are different.

[Sisyphus @Random501901]

@_smitop @NathanBomey Do you have a source that these are the precise metrics they requested? From what I can see, Kalshi made the choice.

[Sisyphus @Random501901]

@_smitop @NathanBomey That’s interesting. Who prompted the law makers I wonder? Because those are exactly the metrics that give cover while being useless.

[Sisyphus @Random501901]

@NathanBomey Average for the age, median for the deposit. What an interesting choice.

Lies, damn lies and statistics.

[Sisyphus @Random501901]

@NathanBomey Ugh. That sounds like there’s a serious problem they’re covering up, because “median deposit” is an incredibly shifty metric to use.

[Sisyphus @Random501901]

@matthewdmarsden Apparently it is reading the comments. Insane.

[Sisyphus @Random501901]

@matthewdmarsden This surely cannot be controversial?

[Sisyphus @Random501901]

@Hazel_qs What? She’s serious, he isn’t.

[Sisyphus @Random501901]

@AbnormallyDist It’s kind of funny that most of the genuine use cases for kalshi hedging are not actually allowed.

[Sisyphus @Random501901]

@CSP_Trading It’s so bizarre. They may very well be baking in kalshis first mover advantage. And it should have been so easy too…they’re already making all these lines. Just put them on the damn PM!

[Sisyphus @Random501901]

@DamiDefi VC at this level has mostly abandoned fundamentals. The game is to turn a profit, and they’ve figured out how to do that almost entirely with narrative. Even the later funding rounds these days come across as carefully calculated marketing spend.

[Sisyphus @Random501901]

@jackikotkiewicz @Kalshi @POTUS @WhiteHouse Ugh.

[Sisyphus @Random501901]

@joebrennanjr lol, I didn’t intentionally mean to imply they’ll still just be about sports. However, the cap fits.

[Sisyphus @Random501901]

@joebrennanjr 3-5 I reckon. 1 real one catering to sharps and API pros, 2 that are really just sportsbooks booking the majority of the action themselves while skirting equal access regulations and pushing their osb in the same app, 0-2 that are hanging on by the fingernails.

[Sisyphus @Random501901]

@gainzy222 Could be value. Never say never. But it’s not for recs.

[Sisyphus @Random501901]

@astraffon Wow!

[Sisyphus @Random501901]

@dan_bernstein_ "We did nothing wrong, but let's change it anyway" part 271