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All the big sports betting money is gonna go to Kalshi and Robin Hood now

jjgold

jjgold

Joined
Oct 15, 2021
Messages
39,866
Both are going all in sports betting

No limits
No bannings


During the presidential election, there was no limit. Plenty of people were betting 1 million and up


I have no idea how you can compete with that


It’s legal everywhere United States some states try to take them to court and lost
 

djefferis

djefferis

Joined
Jan 8, 2024
Messages
3,999
RH has 2 major issues in sports right now - 2% commission and lack of liquidity.

It is however an amazing opportunity if you’re willing to play the dog. Place is full of squares - very easy to find value betting contrary to Joe Public who is betting a team while ahead.

Signed up for Kalshi - it’s ok - but much of the same from what I saw.

Big games will be more liquid I’m sure.
 

Tanko

Tanko

Joined
Oct 27, 2021
Messages
54,865
RH has 2 major issues in sports right now - 2% commission and lack of liquidity.

It is however an amazing opportunity if you’re willing to play the dog. Place is full of squares - very easy to find value betting contrary to Joe Public who is betting a team while ahead.

Signed up for Kalshi - it’s ok - but much of the same from what I saw.

Big games will be more liquid I’m sure.
Djeff, do you do "contracts" on Robinhood? I'm curious if you think its worthwhile.
 
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