The NFL Just Put Prediction Markets on Notice: A Potential Victory For All?

The NFL just asked prediction markets to stop listing easily manipulated outcomes — draft picks, announcer mentions, attendance markets — and Chris and Henry think it's actually a good thing. Then: DraftKings is quietly building an AI casino product nobody asked for, and Kalshi just filed to offer margin trading. All three stories before they sit down with Jake (@jbets212121), a former accountant who walked away from a stable career less than a year ago to go full time in prediction markets.Jake gets into how he built his operation from scratch — starting with paper hat work and live betting, pivoting to RFQs, and building out a fully functional quoting system in ten days with his developer partner. The conversation covers how he thinks about adverse selection, the top-down vs. origination debate, white labeling as a business model, maker vs. taker fee structures, and what it actually cost him to learn some of his biggest lessons — including a brutal opening day of baseball where flipped spreads and totals nearly wiped out everything he'd built.📅 New Episodes Drop: Wednesdays 👇 Subscribe now.@insidepredictionmarkets 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:0:00 – NFL Sets Boundaries on Prediction Markets2:48 – DraftKings Replay: The Product No One Asked For5:30 – Kalshi Applies for Margin Trading: What It Actually Means6:41 – Introducing Jake (@jbets212121)7:10 – How To Go From Accountant to Professional Gambler13:38 – Building a Quoting System in 10 Days18:20 – Top Down vs. Origination: The Crossroads Decision21:03 – Should Exchanges Stay Maker Friendly?28:48 – What If Straight Markets Traded via RFQ?33:47 – The Most Expensive Mistake He's Ever Made#predictionmarkets #kalshi #polymarket #novig #draftkings #fanduel #gambling #sports #betting