Adam Levitan takes a deep dive into the expanding world of projection markets, gaining insight from those spearheading the market from guests Nigel Eccles, former FanDuel founder and founder of BetDEX and BetHog, Henry Kerins, who serves as the VP of Trading at Novig, and @Sports__Proj, a former DFS Shark turned anonymous Prediction Market While from The Risk Takers Podcast. Timestamps:0:00 - Introduction2:05 - How Prediction Markets Work Compared To Sportsbooks6:32 - Are Prediction Markets Better For Consumers?11:00 - Benefits Beyond The Lack of Limiting17:17 - PMs And States Without Legalized Gambling21:20 - Does Opposing Side Matter In Market Making?25:15 - Marketing For Prediction Markets28:54 - Advice On Market Making For Non-Professionals39:29 - Experts On The Merits Of Taking43:44 - How Retail/Casual Traders Can Gain An Advantage46:32 - The Regulatory Outlook on PMs49:59 - Listener QuestionsWant ETR on your team this season? Our 2026 NFL Best Ball product has you covered with:Real-Time RankingsResearch & Analysis ArticlesDraft Strategy ContentDraft LivestreamsDiscord CommunityQ&As with ETR TeamSubscribe now at https://subscribe.establishtherun.com/nflbestball/DraftKings Best Ball: Draft One, Get OneEnter DraftKings' $20M Best Ball contest for $25 and you'll receive a bonus ticket to play a second Best Ball draft for free. Available to all DraftKings customers.⁠⁠⁠⁠Sign Up Now⁠⁠⁠⁠! ⁠⁠⁠⁠https://dkng.co/ETRBestBall⁠⁠⁠⁠Gambling Problem? Call 1-800-GAMBLER or 877-8-HOPENY/text HOPENY (467369) (NY). Help is available for problem gambling. Call (888) 789-7777 or visit [⁠⁠⁠⁠ccpg.org⁠⁠⁠⁠](⁠⁠⁠⁠http://ccpg.org⁠⁠⁠⁠) (CT).18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply. Void where prohibited. 1 per customer. Must enter a lineup into the NFL Best Ball $20M Headliner Contest. $25 entry fee. Bonus issued as 1 ticket to NFL Best Ball $20M Headliner Contest. Ticket reward is site credit valid for use only on NFL Best Ball $20M Headliner Contest. Ticket reward is single-use and expires at contest lock on 9/9/26. See terms at⁠⁠⁠⁠ https://www.draftkings.com/promotions⁠⁠⁠⁠. Ends 9/9/26 at contest lock. Sponsored by DraftKings.FREE NEWSLETTER: Tired of attention-seeking hot takes? Get the highest-quality fantasy football analysis in your inbox, FREE: https://establishtherun.kit.com/emailDFS OPTIMIZER: Sign up for THE SOLVER for access to the software we think fantasy players need to win: ⁠⁠⁠⁠https://thesolver.com/?ref=etr⁠⁠⁠⁠SPORTSBOOK OFFERS: We’ve partnered with several major sportsbook outlets to help supply you with the best offers in the industry and ensure you’re maximizing your bankroll from the start: ⁠⁠⁠⁠https://establishtherun.com/offers/⁠⁠⁠⁠FOLLOW US: Check out our social media channels for FREE fantasy football & DFS videos, analysis, and more: ⁠⁠⁠⁠https://linktr.ee/establishtherun⁠

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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