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NFL Kickoff is Thursday! The opportunity to bet will soon be everywhere.
Prediction markets, gambling, betting, whatever you call it, the opportunity to place your bets or predictions on sports is soon going to be everywhere. The lines are blurring. $HOOD ( ▼ 1.61% ) Looks like it soon will have as much gambling offered as a $DKNG ( ▼ 1.77% ) , but at the same time, you can also buy options or tokenized stocks or bet on humanoids from $TSLA ( ▲ 3.64% ) in the same platform. If you look a few years out, it seems pretty obvious that we are going to have parlays where you can bet on SpaceX’s next valuation by the end of the year, $AAPL ( ▼ 0.04% ) stock price by next quarter, and the 49ers winning the Super Bowl. The odds makers will have a field day putting those risk parameters together!
As someone based in California, I can’t wait for the NFL betting to be easier. Also I can’t wait to surf Stocktwits for the latest $ETH.X ( ▼ 3.55% ) prices along with $HOOD ( ▼ 1.61% ) stock while looking at the gambling or prediction lines for the NCAA and NFL games coming up over the weekend.
With all the changes coming to gambling and prediction laws and regulations, opportunities will further emerge. We already have prediction markets taking off. But what’s next? New portfolio management tools, analytics, and infrastructure to merge these two worlds?
As a consumer, sports fan, and someone who loves the markets, I couldn’t be more excited to see all this come together.
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