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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