PredictIt

Uh, the betting apps are sort of the new TAB.

Your Polymarkets, your Kelces, your BetMGM, your DraftKings, your Predictit, your Novigs, your Crypto.coms. N- We've never been betting more than we have, particularly in America, and all the big names are on board.

Tom Brady, Wayne Gretzky, Derek Jeter, Shaq, Ronkowski, Jerry Rice, Andy Roddick, Charles Barkley, DeChambeau, the Manning brothers, Ronaldo, Usain Bolt, Ruud Kleinpaste.

Actually, no, I made that last name up.

Yeah, I mean, people have been making up polling for some time.

Uh, I remember some cases in the 2018 primary cycle of, uh, users of the prediction market platform PredictIt talking on private chat groups, conspiring to create fake Twitter accounts that then would publish alleged surveys.

Uh, and the intent there was to manufacture a price movement into prediction markets.

So that has happened in every election cycle since then.

Yeah.

It's, I mean, it's funny 'cause th- that, that's what this-- Well, that's how it all s- well, not how it all started, but like 10 years ago, you could go to PredictIt and you could trade on who would, or bet on who would win, win elections and, like, we've had, had this on a very much smaller scale before 2024 when obviously we saw this explosion around, uh, around Trump/Harris.

I guess what, th- this leads to the question then, like what, what do you think we should have in prediction markets? It sounds like no sports.

It sounds like you're maybe iffy on elections.

Well, I think...

So it's a, it's a very good question.

Uh, I think that's an area where you need more research, right? Uh, uh, um, I believe PredictIt had a $100 cap.

Yeah.