Kalshi Taking Over Sports Exchange Betting

[jjgold]

No idea how its legal in every state
Tons of markets

Now they are hooking up with stock brokers going to be nice volume

 

[JDS]

Any idea what the limits are ? I like how you can bet against the first round leader in golf because we don’t have that proposition offshore to my knowledge.

 

[jjgold]

no limits as much as in the pool..during election they said they could handle up to 2 million sides election

Its all about Volume..JDS go on website
YES/NO markets everything

https://kalshi.com/markets/kxpgatour/pga-tour

 

[JDS]

no limits as much as in the pool..during election they said they could handle up to 2 million sides election

Its all about Volume..JDS go on website
YES/NO markets everything

https://kalshi.com/markets/kxpgatour/pga-tour

I love it thanks for sharing.

 

[BobbyFK]

I've heard about it but don't know much details

 

[KVB]

@jjgold we should have started our own exchange.

We still can.

Liquidity is always an issue here. Let's see how this plays out with Kalshi.

 

[KVB]

No idea how its legal in every state
Tons of markets

They regulated by the CFTC.

Remember, they are not a sportsbook, they are an exchange.

Looks like the sports are only futures, and not individual games.

We can do better.

 

[subaru80]

Id be down to join/help get it going

 

[JDS]

I’ll put money on the pot I’m cash heavy anyway

 

[BigJay]

kobayshi taking over

 

[jjgold]

Too many sharps there above most pay grades here

 

[lekidecincinnati]

odds don't look great win golf tournament

lowry 25-1 kalshi 19-1
ryder 45-1 kalshi 33-1

 

[jjgold]

volume is the key might be a lot
users make the odds

 

[fishhead]

FUN TIMES

GOLDEN AGE

THANK TRUMP

 

[KVB]

volume is the key might be a lot
users make the odds

There's a reason there are so many wacky props.

Harder for an exchange do survive when dealing a number. Efficiency gets stamped out quick and next thing you know people are operating amongst themselves privately.

Most of the volume then becomes us laying off. It's not enough for the exchange to survive.

 

[KVB]

We could run a hybrid model.

I have ideas.

 

[BigJay]

I’ll put money on the pot I’m cash heavy

 

[gauchojake]

There are a few social betting exchanges that have decent liquidity for the rec player.

 

[Brock Landers]

FUN TIMES

GOLDEN AGE

THANK TRUMP

This has been around long before that dip shit

 

[flyingillini]

There are a few social betting exchanges that have decent liquidity for the rec player.

@KVB is not a rec player he is the ultimate "trader" Books fear him when he logs in his account.