In this episode of The Three Inning Fan Show, Ben Horney of Front Office Sports joins Kelley Franco to break down one of the buzziest trends in sports and beyond: Prediction Markets. Are they just sports betting by another name? Or a contract trade?
Kelley and Ben dig into what prediction markets are, how they work, and why they’re suddenly everywhere from sports to politics to pop culture.
We discuss:
· Prediction Markets 101 — do they differ from gambling?
· Sports and non-sports examples of prediction market activity
· Major players in the space: Kalshi, Polymarket, Robinhood, DraftKings, FanDuel, PrizePicks, Underdog, and more
· How the NFL, MLB, NBA, and the NHL view prediction markets
· Legal and regulatory fights shaping the future of the industry
· The role of insider information, safeguards, and enforcement
· Whether prediction markets will coexist with or replace sportsbooks
And of course, no Three Inning Fan Show ends without…what’s good to eat while watching the ballgame.
*Music by Podington Bear