Ep. 1 - They're Selling Dollars for $1.01

In the first episode of "Predictive Programming," Henry Cairns and Chris Dyrkus discuss recent developments in prediction markets, particularly PolyMarket's approval in the US and its potential competition with Calshi. They analyze the impact of fees, market maker strategies, and the challenges of providing liquidity, especially in niche markets like player props. The hosts explore the dynamics of order book manipulation, the role of maker versus taker incentives, and the ideal tick schedule for exchanges. They also debate the future of prediction markets beyond sports, considering the potential for new product categories and the challenges of creating win-win scenarios for participants, while also touching on the cultural aspects influencing market trends and potential for rigging markets.