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Today, Robinhood Derivatives, LLC (RHD) announced the launch of pro and college football prediction markets directly within the Robinhood app. Available through the Prediction Markets Hub, customers can now trade on the outcomes of the most popular pro and college football games, including all regular season pro matchups, and all college Power 4 schools and independents.
“Football is far and away the most popular sport in America,” said JB Mackenzie, VP & GM of Futures and International at Robinhood. “Adding pro and college football to our prediction markets hub is a no-brainer for us as we aim to make Robinhood a one-stop shop for all your investing and trading needs.”
Pro and college football prediction markets are rolling out now and will be available to all eligible customers in the coming days. At launch we’re offering contracts for the first two weeks of the pro and college seasons, and we plan to add weekly matchups as the season progresses (for example, week 3 games will launch after week 1 concludes).
Does it bring any advantage over Predyx
63 sats \ 9 replies \ @grayruby 3h
No but one day they will need to buy Predyx for a billion dollars.
In all seriousness they have magnitudes more users so the markets will be much deeper and more liquid and whales like @Undisciplined won't be able to misprice markets on a whim like on Predyx. Meanwhile I am out here putting my sats on the line to try and get the Super Bowl market to reflect reality and he is trying to copy "vegas" like a nerd.
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I hate those two over smart buffs. I'd love to see Predyx dumps this idea even before it crosses anyone's mind.
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Their entirely reasonable goal is to consume Polymarket
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As I said, they are over smart, they will most likely eat shit. But I don't, I can never ever digest the idea of Predyx being negotiated by shitcoiners.
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20 sats \ 0 replies \ @grayruby 3h
Fuck polymarket and Fuck Brooklyn. (I miss you already Masai)
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50 sats \ 3 replies \ @HardMoney 3h
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Fan Duel now has the 49ers up to 6th best odds to win Super Bowl they have passed the Packers, Commies, Rams and Bengals. Ravens, Bills, Eagles, Chiefs, Lions are the only teams ahead of them.
The 49ers are the best team in the NFL is an idea whose time has come and the world is starting to wake up to it.
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40 sats \ 1 reply \ @HardMoney 2h
49ers fans betting on the superbowl like XRP holders thinking it’s going to $100
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Be reasonable. We both know the 49ers have way better odds of getting into the playoffs with an easy schedule and going on a run because they still have a bunch of all pros, good coaching and some really good young players who could be rounding into form in the latter half of the season. Even if you want to go by the "consensus odds" the 49ers have a 5% chance of winning the SB. XRP has 0 chance of going to 100.
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It’s less copying Vegas than it’s making them unwitting participants in the market.
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Robinhood is the ultimate example of betraying its users ,profiteering disguised as 'democratizing finance'.
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