Prediction markets are exploding — and Novig CEO Jacob Fortinsky is right in the middle of it.In this episode of Inside Prediction Markets, we sit down with Jacob to break down how Novig went from a scrappy startup to a serious player in the space, why prediction markets are starting to compete with sportsbooks, and what the future of betting might actually look like.We also get into the moment Novig actually felt like it might work, why most betting markets are inefficient and where the real edge is, the betting strategy that got Jacob limited early on, how prediction markets could reshape sports betting entirely, and advice for founders looking to build in this space.📅 New Episodes Drop: Wednesdays 👇 Subscribe now.@insidepredictionmarkets This content is for informational, educational, and entertainment purposes only and is not financial advice. Please do your own research. The views expressed are not necessarily those of Novig. All investing and prediction market trading involves risk, including the loss of principal.0:00 How Jacob Fortinsky Started Novig3:43 Regulation, CFTC & Longevity9:38 When Novig Started Feeling “Real”14:48 The Future of Prediction Markets17:39 Infrastructure is King23:30 The Power of Ball Knowledge25:20 Being Limited with Jacob Fortinsky29:17 Politics Market Inefficiencies#predictionmarkets #kalshi #polymarket #novig #draftkings #fanduel #gambling #sports #betting

Prediction markets are suddenly being valued like Silicon Valley unicorns. But are those numbers real — or just hype?This week on Inside Prediction Markets, Henry Kerins and Chris Dierkes break down the rumors that major platforms could be chasing $20 BILLION valuations after recent funding rounds. Is the industry really on that trajectory… or are investors getting ahead of themselves?We’re also joined by Dustin Gouker, one of the most respected voices covering gambling and prediction markets. He shares why he believes prediction markets still need much stronger consumer protections.The group digs into the growing tension between federal market regulation and state sports-betting oversight, why high tax rates are distorting the market, and whether giants like DraftKings and FanDuel are poised to dominate if they enter the space.And perhaps the biggest question of all:Are prediction markets about to reshape the entire information economy — or are we still in the Wild West?📅 New Episodes Drop: Wednesdays 👇 Subscribe now.https://youtube.com/@InsidePredictionMarketsWhat to expect:📈 Market Deep Dives: Breaking down the biggest active markets in politics, tech, and culture.🎙️ Expert Guests: Conversations with top the sharpest market makers.🧠 Strategy Analysis: the unique mechanics that make prediction markets superior to polls and pundits.This content is for informational, educational, and entertainment purposes only and is not financial advice. Please do your own research. The views expressed are not necessarily those of Novig. All investing and prediction market trading involves risk, including the loss of principal.00:00 Are Prediction Markets Worth $20B?01:30 RFQ Controversy Explained05:48 Why did Underdog buy Aristotle?07:08 What's Dustin Gouker's Problem with Prediction Markets?09:41 Are Prediction Markets Actually Safer?14:17 Are Prediction Markets Still the Wild West?21:15 Will Prediction Markets Be Taxed?26:15 Will DraftKings and FanDuel Prediction Markets Be Successful?

The debate around prediction markets just exploded. After more than $54 million was wagered on whether Iran’s Supreme Leader would fall from power, traders expected the market to resolve — instead, bettors were left furious when the platform voided the outcome.So do “death markets” actually exist? And where should the line be drawn between forecasting geopolitical events and profiting from them?On this episode of Inside Prediction Markets, Henry Kerins and Chris Dierkes break down the controversy shaking the industry — from the ethics of markets tied to political instability to the massive wagers placed on Iran’s leadership.Plus, we’re joined by Sports Predictions for an interview about how he’s built an edge in prediction markets, the strategies he uses to find value where others miss it, and what this latest controversy reveals about the future of the space.📅 New Episodes Drop: Wednesdays 👇 Subscribe now.https://youtube.com/@InsidePredictionMarketsWhat to expect:📈 Market Deep Dives: Breaking down the biggest active markets in politics, tech, and culture.🎙️ Expert Guests: Conversations with top the sharpest market makers.🧠 Strategy Analysis: the unique mechanics that make prediction markets superior to polls and pundits.This content is for informational, educational, and entertainment purposes only and is not financial advice. Please do your own research. The views expressed are not necessarily those of Novig. All investing and prediction market trading involves risk, including the loss of principal.0:17 - Iran Khomeini Market9:28 - DraftKings PM Margins13:00 - Underdog Layoffs & PM Shift14:50 - Sports Projections Joins the Show17:32 - Transition from Casual DFS to Serious Betting21:45 - Player Props & College Football Strategy26:31 - Getting Into Prediction Markets29:37 - Tick Size Debate37:05 - "More Rake Is Better" - Fee Discussion42:13 - Companies to Buy & Sell in PM Space50:43 - Five Year Prediction for PM Industry55:22 - Most Expensive Mistake

This week, the markets went into a frenzy. From extraterrestrial leaks to massive winter storms, the guys are breaking down who cashed in and who’s full of it.In This Episode:0:00 The Alien Explosion: President Obama dropped some cryptic ET info that sent markets soaring. Are Chris and Henry buying the hype, or is it all noise?2:00 SNOW SNOW SNOW: A massive snowstorm hit New York, and some savvy viewers turned the weather into a massive payday. We look at the winning trades.3:30 Chris Christie Sounds Off: Chris Christie is attacking prediction markets. Is he truly concerned, or just carrying water for the American Gaming Association?5:18 Betting on Yourself: "Boy Wonder" Liam Kane joins the show to give the inside scoop on why he walked away from his full-time gig to go independent.Read WSJ feature on Liam: https://www.wsj.com/business/media/super-bowl-prediction-betting-1302feda?reflink=desktopwebshare_permalink📅 New Episodes Drop: Wednesdays 👇 Subscribe now.@insidepredictionmarkets This content is for informational, educational, and entertainment purposes only and is not financial advice. Please do your own research. The views expressed are not necessarily those of Novig. All investing and prediction market trading involves risk, including the loss of principal.

The gloves are off! The federal government is demanding that states stand down on efforts to regulate and restrict prediction markets. CFTC Chairman Mike Selig has a blunt message for state regulators: "I'll see you in court" if you step on the toes of his agency.But is this jurisdictional turf war actually good for the consumer? And what does it mean for the future of the industry? Two of the sharpest betters and minds, Henry Kerins and Chris Dierkes, dive into the implications on the debut episode of Inside Prediction Markets.

📅 New Episodes Drop: Wednesdays

What to expect:

📈 Market Deep Dives: Breaking down the biggest active markets in politics, tech, and culture.

🎙️ Expert Guests: Conversations with top the sharpest market makers.

🧠 Strategy Analysis: the unique mechanics that make prediction markets superior to polls and pundits.This content is for informational, educational, and entertainment purposes only and is not financial advice. Please do your own research. The views expressed are not necessarily those of Novig. All investing and prediction market trading involves risk, including the loss of principal.

00:36 CFTC vs States: Who Regulates Prediction Markets?

02:09 Why the CFTC stance is great for Novig and prediction markets

04:20 Consumer Protection & Responsible Gambling: Real Talk

05:26 DraftKings Earnings deep dive

08:10 Can sportsbooks compete with Prediction Markets?

09:39 Prediction Markets enter the Grocery Store game

13:55 Prediction Market Trends

17:58 The Edge Is Getting Harder: ARBs Dry Up and Sharps Adapt

19:17 Vice Documentary Review

22:08 Coming up next