My take as to why sportsbooks are less suitable for this kind of trading:
(1) no limit orders
(2) unreliable cash out
(3) weaker price discovery
Overall prediction markets make a much more reliable home for businesses looking to hedge operational risk
My take as to why sportsbooks are less suitable for this kind of trading:
(1) no limit orders
(2) unreliable cash out
(3) weaker price discovery
Overall prediction markets make a much more reliable home for businesses looking to hedge operational risk
Matthew Ball, author of the famous 2020 essay (and later book) on the evolution of gaming toward the metaverse, has joined Microsoft as Chief Strategy Officer for gaming.
https://t.co/z9idPI9c4k
Colleges are also getting creative to cover rising costs. This article outlines what is basically an alumni affiliate network where the Athletic Department takes a cut.
> FSU Alum 1 gets a preferred rate for switching
> FSU Alum 2 gets a new customer
> AD gets a cut for the ref
@WSJ This is the main issue. Average users are always at a disadvantage bc data is so expensive
Obvious answer is forcing leagues to make data free to access
They will hate this, but it will be better for them long-term, and better for the average trader immediately