Circles Off - Sports Betting Podcasts

Pro Trader Explains The Truth Behind Prediction Market Makers | Presented by ProphetX

Circles Off - Sports Betting Podcasts

Show Notes

Can sharps actually beat a prediction market maker? Chris "Flup" Dierkes breaks down what market makers really do, why new exchanges need in-house liquidity, how auto-movers and traders manage directional risk when the flow hits one side, and what the CFTC's proposed bona fide market making rules could mean for the role. He also takes on the biggest misconceptions, including whether market makers can see who they're trading against.

Recorded at BetBash, Jacob Gramegna sits down with Chris Dierkes, Pro Sports Bettor and Trader, for a look at the other side of the counter on prediction markets, and why Flup thinks rebate and volume incentive deals should be posted publicly.

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Circles Off podcast is an entertainment podcast. The opinions expressed in the podcast are for the purpose of discussion in the area of sports betting, online gaming and other like markets. Circles Off podcast does not condone unlawful or illegal activity, and if you are unsure of the laws in your jurisdiction surrounding these markets, please seek the appropriate legal advice about strategies that you intend to implement. Please gamble responsibly.

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