The prediction market for serious sports traders.
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Out of stealth today.
25+ venues. Global sports liquidity. One order book. One wallet. No added fees.
@natehopps on what we built and why:
Prediction markets, sportsbooks and sports exchanges have never been connected in a single venue. Today they are. @magicmarkets is out of stealth and open to everyone. 25+ venues, one order book, one wallet — the full depth and liquidity of the global sports market.
For months we served institutional clients only, mostly by API. From today the beta pro frontend and the API are open to all. That includes hard-to-access old-world sportsbook venues many traders can't get near.
Here is what it means for you (a thread):
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No Premier League until 10 October. No Champions League until the 13th. But there's still football...
Where else can you get a prancing pony for 43 cents?
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MagicMarkets retweeted
Big week for prediction markets. Big budgets. Big billboards. Big… exposure. But most of it is US-only. If you're anywhere else, the markets with actual depth are on MagicMarkets.
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Grok explains MagicMarkets, and it's sweet.
Ok little one: Betting on soccer is like guessing which team scores more goals. Fancy bets give the weaker team a head start so games feel fair, and sometimes you get your candy back if it ends close.
Most prediction apps only do plain yes or no. They can't handle the fancy head starts.
Magic Markets gathers candy piles from 25 different stores into one big shared box. Now the fancy bets work with no extra cost, and the box stays full even while the game is playing.
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You can’t use MagicMarkets in America, but you can use American odds on MagicMarkets. Just saying.
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Long images for deep books.
(This is Chelsea to win today on MagicMarkets. Best price is 2% below Poly right now, and liquidity is growing by the second.)
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Shipped: email + password auth.
Two early pieces of feedback came up again and again: traders want to sign up without a Google account, and they want more crypto onramps. One down. More soon.
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Late set liquidity. Just in time for the US Open.
A guy who made $76k on tennis last month is betting Swiatek and Tiafoe today
His positions:
$10.3k Swiatek to beat Pegula
$1.5k Tiafoe to beat Nakashima
If both hit: payout $18.1k, profit +$6.3k.
But the real story is where he plays
On @magicmarkets I’ve never seen a live order book this clean on an $18-22k tennis match
While traditional books start lagging and choking at 99¢ vs 1.5¢, Magic keeps execution completely seamless:
>zero fees
>zero mid-game limits
>instant fills even late in sets
This is true institutional-grade live liquidity
Today on Świątek-Pegula volume is already $18k and the book moves like clockwork
You can size in and out mid-match with zero slippage
Want to trade tennis the way big money does?
No limits
No fees
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A lot of commentary out there is describing a zero sum battle between prediction markets and sportsbooks. We don't see it that way. Traders want liquidity from both, so we're bringing them together instead of driving a wedge.
2/ This is not another prediction market aggregator. Those reach only a fraction of the liquidity that actually exists. MagicMarkets is prediction markets plus sportsbook liquidity, and that liquidity gets you two things:
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