Mathilda retweeted
What happens when the person you're betting on can decide the outcome? That's why the CFTC just flagged "mention" markets as higher manipulation risk. A good market measures what people believe. A bad one rewards whoever has access. We design for the first kind. Period!
2
4
97
Not the first time I've seen this kind of ad pop up on my phone, so glad someone caught it. The hypocrisy with Kalshi and Polymarket, especially Kalshi, is wild. I remember listening to the founders on podcasts and reading their interviews in earlier days. The whole pitch was financial innovation: a new primitive that lets people, and especially institutions, hedge real-world events without having to build a portfolio. They poured PR into institutional hedging use cases, even though some of those counterparties are pretty unknown in actual finance. And whenever the betting question came up, they dodged it with "well, any trading is betting in a broader sense." Meanwhile ~80% of Kalshi's volume since mid-2024 has been sports. And they're running Meta ads like this one, clearly aimed at average normies to get them gambling, while fighting state regulators in court over why gambling laws shouldn't apply to them. Tell the grand narrative, canoodle w federal regulators, juice retail gamblers without gambling regulation. They know exactly what they’re doing. Polymarket does the same. Their IG ads are just a bit more subtle than this.
This Kalshi ad is among the most dystopian ones I’ve seen from any betting app
1
5
288
Mathilda retweeted
We’re putting our money on this, so we’re going to say it plainly: If you trade cricket on Kalshi, quote tweet this with a screenshot of your dashboard or trade history using #washkalshi. If we hit 55 real quotes, we have $1000 to back your TipRun accounts. Experience real cricket trading tiprun.fun !
2
6
381
Mathilda retweeted
Class of T20 2007 🥶
1
4
6
270
Mathilda retweeted
head to tiprun.fun for the rest
3
6
9
646
Mathilda retweeted
“I wasn’t the greatest player… but I hope my teammates remember someone who never gave up.” Mark Wood says his body made the decision for him. 253 international wickets, two World Cups, and a career spent making fast bowling look slightly unhinged.
Sky Sports Cricket
4
6
178
Mathilda retweeted
BREAKING: KALSHI’S “TOTALLY-NOT-WASH-TRADING” INITIATIVE POSTS ZERO LOSSES , INVESTORS HAPPY
2
5
7
228
Mathilda retweeted
109
98
2,493
68,243
RT @Jason: My lord, three IPOs are worth more than… all IPOs in the last 45 years of tech 🤯
1,037
11
It’s no longer TradFi or DeFi, it’s just 'Fi'.
218
509
3,528
169,243
Mathilda retweeted
i will win because i am insane
i will win because i am insane
832
1,197
9,777
1,261,490
1/ $100m traded on the IPL in one week on Kalshi. More than the NHL over the same stretch, more than the PGA Tour. Individual matches were pricing on par with NBA playoff moneylines. Source: nexteventhorizon.substack.co…
1
1
13
427
6/ Sources. $100m week, Event Horizon: nexteventhorizon.substack.co… The block, ThePrint: theprint.in/india/governance… Kalshi's member agreement: kalshi.com/docs/kalshi-membe…
18
Mathilda retweeted
prediction markets 101: price = what the market thinks the odds are liquidity = how easy it is to buy or sell spread = the gap between what buyers and sellers are willing to pay volume = how much people are trading open interest = how much money is still in active bets resolution = how we decide who was right market makers = traders who make sure there’s usually someone to trade with arbitrage = making money when two prices that should match don’t understand these and prediction markets become pretty simple
16
5
46
4,408