I don't understand, what's so fundamentally wrong with this form of insider trading? Is the accusation that it makes degenerate gambling unfair? Is it necessary for degenerate gambling to be fair? The gamblers don't seem to care.
These apps claim to let you turn your knowledge into money. What this means is the insiders get to cash out and the desperate suckers provide the liquidity. I'm amazed they've all gotten away with this for so long.
I (my agents) have been playing with the kalshi and poly market APIsv and whatever your opinion on the markets themselves it does feel like there's a bunch of interesting things to do with such a firehose of realtime data.
I hope they stay as open and generous as they are now with programmatic access
I don't understand, what's so fundamentally wrong with this form of insider trading? Is the accusation that it makes degenerate gambling unfair? Is it necessary for degenerate gambling to be fair? The gamblers don't seem to care.
> The gamblers don't seem to care.
Which makes me wonder if it is actually just money laundering.
These apps claim to let you turn your knowledge into money. What this means is the insiders get to cash out and the desperate suckers provide the liquidity. I'm amazed they've all gotten away with this for so long.
I (my agents) have been playing with the kalshi and poly market APIsv and whatever your opinion on the markets themselves it does feel like there's a bunch of interesting things to do with such a firehose of realtime data.
I hope they stay as open and generous as they are now with programmatic access
"I hope they stay as open and generous as they are now with programmatic access"
Make a prediction for it: When will Gamma/Data/CLOB require subscription: 2026, 2027, etc.
I dunno, I feel it's just democratizing insider trading. And as everyone knows, if it has "democratizing" in it, that means it's automatically good.