Prediction markets, sportsbooks and sports exchanges have never been connected in a single venue. Today they are. @magicmarkets is out of stealth and open to everyone. 25+ venues, one order book, one wallet — the full depth and liquidity of the global sports market.
For months we served institutional clients only, mostly by API. From today the beta pro frontend and the API are open to all. That includes hard-to-access old-world sportsbook venues many traders can't get near.
Here is what it means for you (a thread):
1/ i built a chrome extension for @magicmarkets that shows you when polymarket isn't the cheapest place to take a sports position
it's called thumper. Free to use, no account required 🧵
The prediction market stack is slowly splitting into three major settlement models
1 | @Polymarket / UMA - Oracle + Dispute
2 | @magicmarkets and @KalshiSports - Official sports results
3 | @HyperliquidX (HIP-4) - Validator side settlement
Still the same event but different resolution speed and different risk levels
> Tools like @PredMarketWiki already has one of the best mapping tools for filtering settlement models
This will come in very handy for big traders when making proper decisions on where to size
> And btw, Magicmarkets just launched to public from stealth mode and they’re not stopping, nice job @natehopps
DMs open. If you're interested in creator collabs, marketing support, or growth hacks of any kind, please reach out. But please be patient too. Small team, and all heads down on lots of stuff right now. Back to you asap.
I’m building an NFL portfolio, and New England Patriots is my Super Bowl winner pick and my main position
I’m getting them at 3.7c on MagicMarkets versus 3.9c on Polymarket
That 0.2c difference is already a 5.1% cheaper entry
Then theres the Polymarket sports taker fee -a few percent on top
So @magicmarkets gives me a materially better entry
For a trade this cheap, that is not noise
My thesis is that the Patriots are priced too low relative to my assessment of their chances, and I want to own that mispricing before the market reprices it
MagicMarkets charges 0% maker and taker fees
This is my main NFL position for now
More to come