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This week, Polymarket’s CEO allegedly used company funds to fly private, Matt Downs’ created a game lines analysis on X and we observe flat PM volume week over week. Then, we get into trading politics on prediction markets. We talk all things Nate Silver and go through past elections we’ve traded and how to properly navigate political numbers.

This week, Seth, aka @Soarin22 on X, joins us to share how he went from an actuary to a full-time NBA trader and built a one-man trading operation with roughly $2 million in profits on Kalshi. We unpack his shift from top-down betting to building his own NBA model, why execution matters as much as pricing and how he’s automated 90–95% of his trading system. We also go through his NBA takes from this season and his thoughts on the NFL so far.

This week, we discuss the CFTC’s potential collaboration with the SEC, Novig’s climb to #1 in the App Store’s sports category and prediction markets’ growth as the NFL season unfolds. Then, we get into what bettors actually want: what makes someone choose a sportsbook over a prediction market, how app design shapes that choice and why a simpler experience might matter more than better odds.

This week, @ssigsbee had his first losing month, Kalshi’s allowing margin trading and Novig hit $100 million in a single day! Then, we get into Survivor and Chris’ observations so far. We finish up with our NFL takes from the past few weeks: Deshaun Watson isn’t that bad, Ben Johnson’s not getting enough credit, the Rams are not a top 5 team and JJ McCarthy & Drake Maye markets.

Our guest this week, @evenstevengg on X, started sports betting in 2022 with $100 on a sportsbook. Now he hasn't placed a sportsbook bet in months. We talk about why he went all-in on prediction markets: the proposed 90% gambling-loss deduction rule, week-long withdrawals vs. next-day payouts on PMs and why offshore books are in a "slow death." Plus how he turned a rough first month on PMs into one of the best runs of his career, and the $35K NASCAR mistake along the way.

Football is back! This week we discuss Pinnacle’s statement on X, FanDuel’s market making on Kalshi and where the vig gets applied differently depending on how competitive a given market is. We describe our necessities in an odds screen and the tools we've built to track line history, fills and exchange flow in real time. Then we get into a big slate of football. College football week 2 delivered. Huge volume across the board, tight spreads, and deep liquidity on marquee matchups like Michigan–Oklahoma and Texas–Ohio State. On the NFL side, we open with the Chiefs–Broncos Monday night line and from there it's a full Week 1 recap: Myles Garrett landing on IR, Lions–Bills predictions for Thursday, the Giants' win over the Cowboys, the Jets sitting tied for first in their division, and a rough opening week for a couple of last year's MVP-caliber quarterbacks.

This week, pro sports bettor Rob Pizzola (X: @robpizzola) joins us to break down Week 1 NFL matchups. He walks us through his background, his automated closing-line-driven betting process and how prediction market liquidity is reshaping sportsbook limits heading into the season. From there we dig into Seahawks-Patriots (and the safety injuries moving that line) and the travel-schedule twist in Rams-49ers, plus his take on Aaron Donald. To close it out, Rob answers reader questions, including his pick for a 5-year quarterback rebuild, his take on the Lane Kiffin bonus-hedge story and the 2 teams he'd price differently in the NFL power rankings.

This week we discuss LSU reportedly using prediction markets to hedge Lane Kiffin-related bonuses, Donald Trump Jr.’s ties to the industry, the politics surrounding prediction market regulation and whether the industry could eventually become too big to unwind.Then, gaming and prediction markets attorney, Alex Dubin, joins the show to break down the Ninth Circuit’s ruling against Kalshi, why it conflicts with the Third Circuit’s decision, and how the growing divide between federal and state regulators could ultimately land in front of the Supreme Court.📅 New Episodes Drop: Wednesdays 👇 Subscribe now.@insidepredictionmarkets OpticOdds is a global leader in sports betting data solutions, empowering sportsbooks, DFS, prediction markets and platform providers with the fastest, most reliable, and most comprehensive odds data and trading tools in the industry.Sign-up to join the Novig x OpticOdds incubator: https://docs.google.com/forms/d/e/1FAIpQLSd6VQ-OEHRs7JpEs7-tURuy6WRP4WGRtlyBfByDkhgJ9KEbHw/viewformThis content is for informational, educational, and entertainment purposes only and is not financial advice. Please do your own research. The views expressed are not necessarily those of Novig. All investing and prediction market trading involves risk, including the loss of principal.00:00 LSU hedges Lane Kiffin on Kalshi01:57 Polymarket’s $21B valuation2:50 Trump Jr.: "Back Off"04:08 Alex Dubin joins the show07:33 Ninth circuit ruling15:06 Why federal markets are split on PMs 17:03 Could PMs reach the Supreme Court?27:11 Are PMs gambling? 33:26 Are PMs too big to fail?#predictionmarkets #kalshi #polymarket #novig #draftkings #fanduel #gambling #sports #betting

This week, President Trump expressed his support of prediction markets in the U.S., our Novig CEO and co-founder Jacob had a CNBC feature and NFL players are returning to college football.  Then, we get into the NFL markets that are already exceeding expectations before the regular season begins. We unpack the surge in preseason trading volume and predict just how massive trading will become Week 1. We debate which exchanges will grow the most from football season and preview trading activity around the U.S. Open. We wrap up with a quick debrief of BetBash 2026.

We open this week with our 3 big things: Kalshi has a new 3.5% maker fee on RFQs, Underdog just released a new crash-style game and Novig passed Rothera in trailing 7-day prediction market volume! Then, our good friend Hitman joins us to discuss all things NFL. He shares how he got into the touting space and then breaks down how he approaches NFL preseason betting and identifies teams the market may be pricing incorrectly. He explains why he’s higher on the Patriots and Jaguars, lower on the Commanders and Packers, and what he expects from teams like the Ravens and Giants this season.

For this week’s episode, we filmed in Las Vegas at BetBash 2026! We sat down with our good friend Pads to hear how he went from working as a chemical engineer to becoming a full-time professional bettor and eventually joining Bookie Beats. We break down live betting, some of the biggest opportunities and debates in sports betting right now and how prediction markets are rapidly changing the space. In the second half of the episode, we take questions from the BetBash crowd and dive deeper into market making, liquidity, the growth of Novig and what we’re expecting as the NFL season approaches.

Underdog just sold to IG group for $1.3 billion and the state of New York is suing Kalshi for $36 billion. This week we also discuss BetBash, the annual sports gambling networking conference in Vegas. We talk about what to expect, advice if you’re a first timer and people we’re excited to see.  Then, we officially introduce MAG: Manhattan Athletic Group. MAG is Novig's new market making firm dedicated exclusively to sports prediction markets. We explain why we built MAG and why we’re so excited about what's ahead. We wrap up by discussing the CFTC's new proposal and what it could mean for the broader prediction market ecosystem.

Netflix released a new documentary about prediction markets and is facing some backlash. Kalshi is threatening legal action towards Netflix based on some false information revealed in the trailer for the documentary. Also, ProphetX raised $35 million to expand their federally regulated sports prediction market platform and Fanatics has acquired their own prediction market exchange. Then, Camden Mariotti joins us in the OpticOdds Hot Seat. He talks about becoming a professional trader and how it all started gambling at a poker table with Chris in college. Camden eventually got into sports betting and then completely switched his focus to prediction markets. He talks about what it takes to be successful in PMs and the kind of people you want by your side. We close the interview with Camden revealing his biggest loss in trading and giving some great advice for beginners in the space.

Kalshi is rolling out compute forward curves and really expanding after World Cup markets have brought an insane wave of volume into prediction markets this summer. Also, Underdog Fantasy is officially entering the space with its own prediction market exchange and Henry and Chris discuss what platforms will be most popular for the NFL season ahead. Then, Larry and Joe join them in the OpticOdds Hot Seat and they talk through their backgrounds, what each of them specializes in and how they would approach building a prediction market trading team from the ground up. They get into hiring strategy, the different skill sets a market-making team needs and how to find people with a real edge.

From Kalshi's new Pro trading terminal to the Bryce Harper FanDuel controversy, Henry and Chris discuss all the biggest stories this week. Importantly, they dive into how AI is completely changing the way prediction market traders work and how the rapid adoption of tools like Claude, ChatGPT and Perplexity have transformed traders' workflow. They debate whether AI can help traders build an edge, and what prediction markets could look like in the near future. 📅 New Episodes Drop: Wednesdays 👇 Subscribe now. @insidepredictionmarkets OpticOdds is a global leader in sports betting data solutions, empowering sportsbooks, DFS, prediction markets and platform providers with the fastest, most reliable, and most comprehensive odds data and trading tools in the industry. Sign-up to join the Novig x OpticOdds incubator: https://docs.google.com/forms/d/e/1FAIpQLSd6VQ-OEHRs7JpEs7-tURuy6WRP4WGRtlyBfByDkhgJ9KEbHw/viewform This content is for informational, educational, and entertainment purposes only and is not financial advice. Please do your own research. The views expressed are not necessarily those of Novig. All investing and prediction market trading involves risk, including the loss of principal. Chapters: 00:00 Kalshi's New Pro Trading Terminal 01:25 Bryce Harper FanDuel Controversy 05:37 Kalshi's Legal Battle with NY 07:53 How AI Is Changing Prediction Markets 12:30 ChatGPT vs Claude vs Perplexity 18:52 Inside the World of Advantage Gambling 25:28 Conor McGregor Inflow #predictionmarkets #kalshi #polymarket #novig #draftkings #fanduel #gambling #sports #betting