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JJGOLD Kalshi Is The Exchange We've Been Waiting For!!!!

KVB

KVB

Joined
Apr 11, 2023
Messages
17,727
I like Polymarket better. The juice is tighter and they even brag about it and the platform is very good if you’re just betting money lines that that’s all they really have and US sports.

Always good to have multiple outs but it seems I've seen far less offerings on poly when it comes to being able to misprice lines and then attack them.

Just look at the spread options for the NCAAF game on Monday night. I've got limit orders, some partially filled up and down those spreads on Kalshi, can only see 7.5 and 8.5 on Poly.

Because we can choose our price, we are not forced into anything we don't want because of the out itself.

As far as orders up and down the spreads, I can only hope on team doesn't come down with the flu on Sunday night. Talk about adverse selection, lol. But even if they did, we are not locked into the spreads and can be flexible in our positions.

If forced to be flexible, it can cost, but it's still better than a total loss and trying to be flexible in most books as risk management will inevitably give us a call when we try. There's only so many times a book will let us beat their numbers, the exchanges don't work that way.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
17,727
...Our Kalshi venture is up 622% since it began December. I mentioned the ton of EV we can get from Kalshi...

@jjgold get down here to my office, we are killing it.

Up now over 700% since December 31st. We rarely have a losing trade, much less losing day.

Remember that 700% is over 100's of trades, not just 100% a couple of times.

There is so much EV oozing from these exhcanges that it's ridiculous, I sell back more EV than I ever did at the sportsbooks because there is so much out there.

Thought about live streaming the entire venture, even talked to my daughter about it. Show how to grow an account, like how fast can we take $100 to $1000, or $2000, then $5000, etc. I can do it, and they can't kick me out for it.

So far a congruent account to my moves on Kalshi that started with $100 would be over $700 in 3 weeks. And there were some big mistakes in some of that trading. Some really big mistakes.

Biggest part of the live stream would be the education. Been a long time since I've been so high on teaching, but have to admit so low on the platform, due to credibility reasons.

Perhaps if turtledoves posted at BMR, I might consider unleashing the gates with office livestreams.

Regardless, @jjgold you need to come down and see my operation. Using books, onshore and offshore, and the exchanges to make markets and sweep liquidity is proving highly lucrative.

There have been some liquidity issues on the exchanges, but thankfully I'm both an excellent expert handicapper and superior trader at the same time. Of course, we are learning where those lean markets are likely to pop up.

That combination of market making, liquidity sweeping, and my skills in the markets has been one of the best things we've seen to extract money from the sports markets in many years.

The boys back home are very excited. Sharon is thrilled.

Get some, Gold.

And call turtledoves.

casino-gambling.gif
 

jjgold

jjgold

Joined
Oct 15, 2021
Messages
45,577
Wait till Polymarket gets full circle

Have you checked out Robin Hood?

USA books are doing everything in their power to stop these places because it’s gonna really really hurt them

FanDuel and DraftKings are very, very worried. All the big money is gonna go to the exchanges.
 

Tanko

Tanko

Joined
Oct 27, 2021
Messages
61,351
Wait till Polymarket gets full circle

Have you checked out Robin Hood?

USA books are doing everything in their power to stop these places because it’s gonna really really hurt them

FanDuel and DraftKings are very, very worried. All the big money is gonna go to the exchanges.
The fact those markets are considered investments and not gambling bets is very leveraging now with the One Big Beautiful bill limiting gambling losses to 90% write-offs.
 
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