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Let's just say this out loud: Parlays in all their glory, under the CFTC, will likely come via an RFQ protocol...
Alfonso Straffon 🇨🇷🇺🇸🇲🇽
32.8K posts
Alfonso Straffon 🇨🇷🇺🇸🇲🇽
@astraffon
Junk bond trader that once booked bets offshore. Former HY/equity research. Just here to log news. Opinions, if any, are my own. @wageraxess. @TeamMatchBook
- Hey folks - A little announcement: I start working tomorrow. Without getting into the details I'll be involved in equity research. Tbd how active I can remain on the Twitter scene. It has been a fun ride, but it is time to put my head down and focus. Here is to a new challenge🍻.
- This one hits hard peeps... we lost a beautiful person, husband, father, son, brother... and a very dear friend... I don't know if you folks have someone outside of your families who would say and mean "I love you bro"... but to me that was Dave when we would hang up the phone.
- "Rupert Murdoch's News Corp and digital wagering pioneer Matthew Tripp approached bookmaker PointsBet with a $220 million-plus offer for its Australian division, but were rebuffed by the company's board." PointsBet rejects $220m bid by Murdoch consortium
- Prediction markets want to be taken seriously...at an institutional level... and then you get something like this. This builds trust? GTFO.At the end of the Coinbase earnings call today, Brian Armstrong pulled up the mention market and rattled off all the words that weren't said yet What a wild time to be alive
00:00 - Have a little cool story to share… hope you all don’t mind. A few years ago while in grad school I got to meet The Oracle of Omaha @WarrenBuffett. It was value investing what got me hooked on finance, and ultimately why I left the sports betting industry down in Costa Rica...
- Calling yourself an underdog when your founders graduated from MIT, worked at the likes of Goldman Sachs and Citadel, have the financial backing of the likes of Sequoia Capital, NEO, Peng Zhao, Charles Schwab (the person), Henry Kravis... etc, Susquehanna is your market makerHistory was made by the underdogs.
00:00 - This is a big "f*** you" to FanDuel!!! "Circa, the sportsbook beloved by sharp bettors, unexpectedly topped a national market share leader for a license." Circa, DraftKings Receive Missouri Sports Betting Licenses
- From FanDuel's investor day, here is what Conor Farren, Head of Trading, Risk, and Modeling, had to say about how the sausage gets made.... Video link below (time mark) 1:17:15 and transcript snippets with personal highlights... slides in thread below. download-video.akamaized.net/2/playback/984…
- Hi peeps... am gonna be off X for a bit to refocus energy on some personal things... I wish you all a Merry Christmas and a Happy New Year... take care of your health... physically, mentally, and spiritually... hold your loved ones close and tell them so... reach out to friend
- Alright peeps... a brief career update. Last week officially closed a chapter that began close to 4 yrs ago doing equity research over at Deutsche Bank. In the midst of the COVID it was an all around new challenge... but one that I embraced 100% because it was a unique
- "Parlay Patz"... Sports Bettor Charged With Threatening Tampa Bay Rays Players And Other Professional Athletes
- "DraftKings originally purchased VSiN from the Musburger family for $70 million in 2021, a move it described at the time as one that would help it reach new customers and expand its brand" DraftKings Could Sell VSIN Back To Musburger: Report
- This @Cornell University paper just hit my tape... Beating the House: Identifying Inefficiencies in Sports Betting Markets arxiv.org/abs/1910.08858
