Prediction Markets Explainer
In this episode of the Revenue Above Replacement podcast, Brice and Adam dig into one of the most timely topics in sports business right now: prediction markets, and what Giannis Antetokounmpo’s recent equity stake in Kalshi might signal about where this space is headed.
They start by breaking down what prediction markets actually are and how they differ from traditional sports betting. Instead of wagering against a sportsbook like FanDuel or DraftKings, prediction markets operate through event contracts that trade on binary outcomes — essentially “yes or no” questions. The price of a…
The skinny
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