Brett Cooper
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Podcast Appearances
You can even toggle on over to Cooper Confidential, which is our subscriber site.
So if you want all the behind the scenes content as well,
you can find that there cooper confidential.com cooper.com for tickets see you there okay so i just have to point out the obvious i think it's really funny that i'm sitting down to do this episode about hypocrisy and corruption and insider trading and i'm wearing a freaking crocheted bandana this is the best day of my husband's life he loves when i wear hair accessories so he's very excited about this
My friend Rose was just in Korea for a month and she brought this home for me and I've been very excited to wear it.
It's like 75 degrees here in Nashville.
The sun is shining.
I'm getting a tan by being outside working on the farm.
So it just felt like the day to pull out the floral crocheted bandana and talk about corruption.
So now, as you have probably gauged by the introduction, we are talking about Polly Market and Kalshi today and the fact that they might be allegedly, allegedly, possibly, presumably,
the new homes for modern insider trading.
So PolyMarket specifically, they exploded during the 2024 election, where more than $3.3 billion was waged on Trump versus Kamala.
It is now valued at $9 billion, and it's partnered with leagues like the MLB, UFC as their official prediction market.
So it is now like fully in the mainstream.
And as you probably know, PolyMarket is not your normal betting site.
It's not like DraftKings, like its primary function
I guess it's just betting on random events.
I think that's the best way we could describe it.
Like for example, users bet nearly $200,000 on whether Trump would smoke pot with Joe Rogan.
They bet another 65K on if Kamala Harris during her campaign would say the word brat before August.
People even bet on if and when Jesus is going to return, if the US will confirm that aliens exist, what year Taylor Swift will get pregnant, when her actual wedding is, where it is, all of these things.