Alexander Osipovich
speaker
528 appearances
11 recordings
1 series
first heard Dec 2017
last heard Feb 2025
Alexander Osipovich’s voice in public audio — every appearance, attributed to the second.
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Appearances
day will offer you a chance to bet on economic policies.
Is the Fed going to cut interest rates?
Or who is Trump going to appoint to such and such a cabinet position?
Will that person get confirmed by the Senate?
There is also pop culture markets.
For instance, you can bet on the Oscars.
They're still much smaller than general trading in the stock or options market, but they are growing.
They have a tendency to get a lot of attention during elections.
In particular, there's this one big offshore crypto-based prediction market platform called PolyMarket that was doing billions of dollars in monthly volume during the election.
In the month of November, it was more than $2.5 billion.
And that's a lot of turnover.
We had a very unique election where President Biden dropped out.
and then turned into this horse race with Kamala Harris and Donald Trump.
Generally speaking, if you follow the mainstream media, they were referencing the odds on polymarket.
And later on, after Kalshi, a U.S.-based platform, started election betting, that got some press attention as well, which offers a lot of bets in a sort of like a polymarket light, isn't quite as aggressive about some of the contracts it lists.
And it just became a bigger part of the public conversation.
Prediction markets are federally regulated and they're accessible in all 50 states, whereas traditional gambling is regulated at the state level.
And there is still a number of states, the number has shrunk over the years, that ban online betting and you can't bet on the Super Bowl in those states.
So all these prediction market platforms do a bunch of other things besides elections.
They will offer you a chance to bet on economic policies.
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