@tebrabbit

experimenting at @magicmarkets I like to run until my feet hurt

Joined August 2022
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introducing myself 🧵 im building the mobile play for magic markets, going head to head with polymarket and kalshi
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Traders, meet Thumper, the Chrome extension that compares prediction market pricing, right inside the site you’re on. chromewebstore.google.com/de…
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i see some of you have been downloading the @magicmarkets mobile app - very sneaky. its very much a beta product right now with no trading enabled. more coming very soon on this but mobile is coming.
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So you're saying there's a chance.
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Zero fees?!? No way! Polymarket you shouldn’t have.
In celebration of an incredible Week 1, we're waiving all fees on NFL & college football for games this weekend (Sept 19-20) on Polymarket.⁠com Zero fees. All weekend. Every football market 👇 poly.market/fcAX8PS-copy
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Big week for prediction markets. Big budgets. Big billboards. Big… exposure. But most of it is US-only. If you're anywhere else, the markets with actual depth are on MagicMarkets.
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I’m working on highlighting some key insights from Magic and giving you guys updates on trending markets and where you can find an edge on Magic. Give @youpredictit a follow
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Hyrox has changed its rules following an incident where an athlete soiled herself during a race but was still allowed to win.
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epic.
The camera panning from the clock at 0:07 to Pierce Brosnan. Absolute cinema.
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eat your heart out sydney sweeney
Paying fees on market orders? Are you high?
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If you only care about picking the favorite, staring at someone else’s green screenshot after one win and dreaming of the same result, skip this one If you want to take a couple of steps toward thinking like a pro, look at how Asian handicaps let you trade the distribution of a result Professional prediction traders do not just ask who wins. They price the entire distribution of possible outcomes That is why I choose @magicmarkets. It is the only prediction market aggregator I know that lets you trade that distribution through Asian handicap That is the problem with 1X2. It takes all that information and squeezes it into three boxes: win, draw, loss. Asian handicap gives you a whole ladder instead: 0 -> (-0.25) -> (-0.5) -> (-0.75) -> -1 Now you can express how strong your conviction actually is Maybe your model says Liverpool are clearly stronger, but a win is far from certain. In 1X2, you have to buy the win or stay out With Asian handicap, you can choose the exposure that actually matches your distribution Quarter lines are where this precision really shows -0.25 sits between 0 and -0.5. -0.75 sits between -0.5 and -1 If you are making hundreds or thousands of predictions, you do not only care about whether the position has +EV You care about how that EV is distributed across outcomes and how much variance you take to realize it That matters enormously over a long sample If you are making hundreds or thousands of predictions, you do not only care about whether the position has +EV. You care about how that EV is distributed across outcomes and how much variance you take to realize it This is also why the 50/50 area matters so much When the market is close to evenly matched, there is no obvious favorite to hide behind. Small differences in your probability estimate can make one handicap +EV while the next one is not A binary prediction market throws most of that information away It asks: Will Team A win? The model is asking something much richer: How is the probability distributed across the possible margins? Asian handicap gives you a market for that answer 1X2 gives you the winner Asian handicap gives you the distribution
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❤️
Chelsea came back from 2-0 down to beat Leeds 6-3 after being booed off at halftime.
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Follow the rabbit.
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Should we do it?
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😅
JUST IN: Anthropic says Claude Fable 5.1 is up to 45 percent cheaper for agentic work. Odds Anthropic quietly hikes price on the next update — 74%
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day 12 of trying to turn $49.05 into $10k on magicmarkets. two bundesliga positions from 10 aug finally settled after 20 days. bayern won 5-1, up $1.55. the koln hoffenheim draw missed, 3-2, down $1.99. down $0.44 today, down $4.56 since day 1. that is -8.5%.
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You can’t use MagicMarkets in America, but you can use American odds on MagicMarkets. Just saying.
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we're also working in the background on our read-only native app. While we are still experimenting with features, i would love to hear from our users what they would want to see; is it social features? is it paper trading? or purely just information access? let us know!
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Shipped: email + password auth. Two early pieces of feedback came up again and again: traders want to sign up without a Google account, and they want more crypto onramps. One down. More soon.
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happy hump day. on ramp in the works, new markets, and more performance upgrades coming to @magicmarkets. Stay tuned
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day 11 of trying to turn $49.49 into $10k on magicmarkets. nothing settled again, same four positions still open. the two dota 2 ones from 18/08 show 2-1 and have not paid out. the köln draw i took on 10/08 is 15 days old. flat today, down $4.12 since day 1. that is -7.7%.
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