Will be interesting to see which bi-partisan group of Senators try to unwind this with some amendment in an omnibus bill.

Huge win for prediction markets generally.

*KALSHI FEDERAL LICENSE LEGALIZES SPORTS TRADING IN ALL 50 STATES

I’ve said it before… prediction markets are going to eat the traditional sportsbooks. https://t.co/Zz1rgGTgDl

Geiger Capital

Will be interesting to see which bi-partisan group of Senators try to unwind this with some amendment in an omnibus bill.

Huge win for prediction markets generally.

https://x.com/Geiger_Capital/status/1928543061593780296

I agree huge win for prediction markets

But moneyline betting is boring now, books are making majority of money of parlays, i dont see prediction markets taking over that marketshare and imo they'll always play second fiddle in terms of sports betting

I mean more i dont see a way for prediction markets to facilitate parlays, and the win margins on moneyline vs parlay betting is 15% estimated (I've not seen official numbers on win percentage of parlays vs money line but most people estimate it to be 5% vs 20-25%)

It will all blend together. Follow the liquidity.