The Death of the Bookie: Why Prediction Markets are Eating Sports Betting

Nonsense with cj little and Jeff Parker · May 7, 2026 · 39m · transcript

(0:00) Open

(1:46) The Price of "Probably"

(6:11) The Wisdom of the Crowd

(16:40) The Rise of the "Event Market"

(22:47) Insider Trading

(27:48) Performance of These Markets

(35:40) cj’s recommendation: The Big Short (2010)

(37:37) Jeff’s Recommendation: Leaving Las Vegas (1995)

Forget the "House" always winning - in 2026, the House is just a guy in a basement with a faster internet connection than you. This week, we’re looking at why platforms like Polymarket and Kalshi are turning the sports world upside down. We’re moving away from fixed odds and into a world where the "price" of a…