Predictits infamous 5% withdrawl fee is now GONE
I actually think thats not a great move for PI, seems like that withdrawl fee was the only thing keeping people from leaving the platform, but we'll see if it pays off for them
Last night was my single biggest losing Thursday since I've started measuring. Favorite won by a billion and all the overs hit, plus seemingly every player prop bet
Very pleased to see that my gambling loss tax deduction fix has finally been included in a tax package. I encourage my colleagues to push it through @WaysandMeansGOP this week as quickly as possible.
Thought that last line was funny. Its really never been easier to be a mmer, ask claude to make you a mmer bot and you can be up and running within minutes. My first MM bot was just copying odds from fanduel and moving the AMM
Lots of PMs have easy APIs, start bidding!
First day of MMing NFL has gone pretty badly for me so far. My biggest position was on Falcons, texans, panthers, colts, saints, all losers
Hearing reports that a lotto combo mmers are getting hit hard as well from too many favorites winning
Is there precedent for companies making financial holdings disappear from people's accounts for more than a week without explanation and no one caring?
This is the lone acknowledgement I've seen on Kalshi's missing injury markets ... from 9 days ago.
Thrilled to announce that Warren Jenson is joining Polymarket as our first CFO.
Warren was:
- CFO of @amazon, where he worked directly with Bezos and leadership to pioneer the financial framework for modern marketplaces.
- CFO of @EA
- CFO of @Delta
- President and CFO of @nielsen
A true legend. We’re grateful to have him and excited to learn from him.
Who does it better:
PolyUS goes down for 7 hours - refunds all losses during the outage period and gives a lot more on top
Or
Kalshi - misbonds Michigan market then claws back all the money from the Western Michigan settlement that was in users’ balances 😂✌️
Who does it better:
PolyUS goes down for 7 hours - refunds all losses during the outage period and gives a lot more on top
Or
Kalshi - misbonds Michigan market then claws back all the money from the Western Michigan settlement that was in users’ balances 😂✌️
Well it looks like Kalshi is trying to reverse this despite an official source agency showing the final score as 12-7 at time of settlement and appears to be trying to avoid paying out both sides here
If both sides aren't paid out, I'm sure this is going to be a mess for them...
If I've been given incorrect information, please let me know
Had a call that I knew was a scam, but decided to do it anyway just to see what they were gonna try. Somewhat cleverish scam attempt, they posted a site(.)google(.)com that has a pixel perfect google meet clone on it. You try to 'connect your microphone' and it downloads to whatever scam it wants
Always be skeptical of anyone who refuses to call on telegram or X calls and google sites lets people host whatever they want on there
scammer was @CZ on twitter, do not reply to any messages from him, and I have reported the scam attempt. Was fairly lazy but the pixel perfect google meet clone disguised as a hyperlink was a fun one
After the addition of maker fees on Kalshi combos, market makers have widened their spreads meaning that takers are bearing the cost of the fees.
Exactly what you'd expect from standard economic incidence analysis!
ALT Line and scatter plot titled 'Market Maker Edge for Select Uncorrelated Combos Relative to Pre-Fees Mean.' The y-axis shows edge change versus the pre-fee mean, in cents per contract; the x-axis spans August 18–22, 2026. Grey dots are hourly averages of market-maker edge on Kalshi combos priced between 20 and 80 cents, combining our fills with competitors' fills. A bold purple line is the fill-weighted 24-hour rolling average with a ±1 standard error band; a solid grey line marks zero (pre-fee baseline), a dashed vertical line marks the August 20 fee launch at 03:59 UTC, and an annotation marks the post mean of +0.42 cents. Before fees, the rolling line hovers near zero with slight upward drift. After fees go live, it climbs steeply for 12–18 hours, then holds flat near +0.4 cents: competitors moved prices about 0.4 cents further from our fair value once maker fees took effect.
LOL, user 'Djdjdjekekek' just slapped the whales in the face.
This notorious 'degen' single-handedly pushed the pre-match order book nearly 10 points off, sending a swarm of smart money into tens of thousands of shares on the other side for what looked like free +EV.
The match swung wildly. He didn’t sell at the top. He didn’t cut at the bottom.
Result? The degen walked away with $1.3M.
Maybe he was never the degen we thought he was. Maybe he’s the real +EV hunter.
I was long Iron Wing too. I exited when it hit my FV. No reason to take risk I never wanted in the first place.