Carbazel on π
I'm a writer and podcaster who writes a lot about combat sports, martial arts culture, and entertainment. Subscribe and join over 1,000 readers every week!
Feb 03Β β’Β 1 min read
Prediction Markets
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A new player has entered the chat. In an under-the-radar way, Coinbase has announced it's entering the prediction market game. The UFC is already doing business with Polymarket, and you likely have heard of Kalshi if you follow politics. My first foray into prediction markets is an old one called "Predictit." It was only for politics, but all these "markets" are essentially a heads or tails game of picking one or the other to win. It's an easy racket, but it's still a racket. Just like gambling, fantasy sports, or whatever side of the fence you're on, it's a way to wager on who (or what) you think will win any given scenario. I took to Twitter/X to see who likes to use them for MMA, and since the algorithm is... let's say, unreliable these days, I didn't get a lot of responses.
Most people said, "No", they don't use them at all. It looks like people prefer other methods of making predictions for MMA. But will that change in the Paramount era of the UFC? The UFC has partnered with Polymarket, and during UFC 325, there were ads for Kalshi. So it looks like they are behind it, but so many people in the gambling community seem fixed to their traditional sportsbooks. Either way, finding ways to make your picks for fights seems to have found a new market. So, will this change how you make your picks? Do you use AI and other technology to get your info and plug into an app like the Notion template you got for signing up to this list (here if you're reading this online)? Or Do you go old school with pen & paper or a notebook? If you do jump into these markets, which one do you prefer? It's sure going to be interesting to see where this goes. β‘Follow me on π: @Carbazelβ π My books: Bow and Arrow Mysteries (my fiction writing) π© Mixed Martial Answers on Substackβ π Fight Night Card Companion: PDFβ π₯ My YouTube channel: The Blogboard Jungleβ πΈ IG: @Carbeerzelβ |
I'm a writer and podcaster who writes a lot about combat sports, martial arts culture, and entertainment. Subscribe and join over 1,000 readers every week!