Didn't Notice a Single Prediction Market Promotion Here

[Antotena]

I will also feel the same as you, they’re already in the mainstream media and may not really need any mor advertising here. But then on a more interesting note, the casinos here are already all over the places but when a new one launches, they also want to advertise their site here to get more users using their casino. The distinction here is that, there are no plenty of prediction markets sites available now other than the two major ones. Overtime, when there is demand for them and we are new ones keep evolving out, we could see a fight towards advertising their sites in places like this in order to get more customers willing to use their services.

What if it's not the way you view it, perhaps it because it's a new market and people are yet to adapt to how they are, remember that casino games used to be offline, the social stigma around gambling was very awful. The casino is now online and not only online some jurisdiction has allow them to include casino games, it's now a friendly ecosystem that people have normalized. Prediction market will find a common place in gambling but adoption may not be fast.

I notice the activities were connected to how the crypto market moves, casino don't need trend before they move so people played them, the same apply to sportsbooks, as long as there are spots gamblers will come around but prediction market is surround by crypto predictors. Perhaps if we the crypto bull run return, the market will be interesting as it were during the beginning of 2025.

[YOSHIE]

I've noticed that there's a new casino introduced every now and then. They're sprouting like mushrooms. Even here on the forum, there's a new one coming out almost every week

Yes, perhaps currently on this forum there are no representatives of prediction market sites operating here such as Polymarket, Kalshi and others.

But for now the communication in this forum only discusses the transition of crypto casino platforms to prediction markets and also discussions about identifying the main trends of prediction markets, as well as about Platform Integration such as Trust Wallet, sports betting sites and so on. integrate into prediction markets.

Who knows, maybe in the future we will see on Bitcointalk a gradual migration of official prediction market platforms and their representatives, most likely there is no prediction market yet on Bitcointalk because prediction markets are not as numerous as online casinos.

[SuperBitMan]

What I am thinking is they they might not know that this place does exist in the internet or they know but not interested to come here. And that is where interest and awareness comes to play in everything we do.

Those casinos that have not been to this forum is actually because they don’t know about this forum, no casino that knows about this forum will not come because this forum is a place that will give every casino a lot of traffic so I don’t think any casino that knows about this forum will reject coming, if they reject coming then they really don’t know what they’re doing and maybe they are satisfied with the customers they have.

[abaeze]

The biggest risk of prediction markets is that each market or bet requires different liquidity. As a result, even if there are 100 markets on the platform, if each has low liquidity, the experience of the entire platform can be bad and no one wants to get a negative reputation intentionally for their company. So, that is why even if various exchanges newly introduce this facility, but they are not able to create liquidity, users and reputation like Polymarket or Kalshi. For these reasons no one wants to enter this market easily.

[Hispo]

The biggest risk of prediction markets is that each market or bet requires different liquidity. As a result, even if there are 100 markets on the platform, if each has low liquidity, the experience of the entire platform can be bad and no one wants to get a negative reputation intentionally for their company. So, that is why even if various exchanges newly introduce this facility, but they are not able to create liquidity, users and reputation like Polymarket or Kalshi. For these reasons no one wants to enter this market easily.

Basically, a successful prediction market provider needs to guarantee liquidity in the form of millions of people actively risking their money with each hour that comes and goes, if they cannot guarantee that and still decide to risk and try to launch their services, then they are likely to face failure.
That is why it would make more sense for people who have the capital to try to go with casino games, with those it is almost certain the totality of people's deposits will end up in the pockets of the casino and increase their bankroll.

Though, I am going to be honest and say I am not very happy with having only one of two big players dominating the whole ecosystem of prediction markets.

[Ryu_Ar1]

In the end the PvP concept will indirectly make the promo have to happen more massive and although the bitcointalk forum is very large still not all will be interested in the prediction market even for now maybe only a small part of us who gamble on the forum are in the prediction market.

In contrast to gambling sites although they also require visitors to make the site grow but when the increase continues to rise even though initially a little it is not a problem for gambling sites because the pattern is only a player against the city as a house edge that makes gambling will still last much longer when visitors are initially few compared to the prediction market.
This may be a consideration when there is currently no prediction market in the forum.

[Chinesebaby]

I've noticed that there's a new casino introduced every now and then. They're sprouting like mushrooms. Even here on the forum, there's a new one coming out almost every week.

I wonder why there are no prediction markets, though. We've often read that prediction market is the next big thing. We're all familiar with Polymarket and Kalshi and how they hit the mainstream in a relatively short period of time. They grew from their humble beginnings of a few millions in seed capital not too long ago to a valuation of tens of billions today.

You can't compare the relative comparison between crypto casinos to that of prediction markets currently in the gambling industry, because just as we have thousands of crypto casinos, when it comes to prediction markets, they are only few at the moment and apart from Polymarket and Kalshi that is popularly known due to their short success in this type of gambling, I doubt if the rest upcoming prediction markets already know the potential exposure this forum has to offer to every type of online gambling that has to do with the use of Bitcoin and crypto as it's primary currency. Moreover, the prediction market as an industry is just 4years old, which got its massive attention during the 2023 US presidential election, and hopefully with time we are likely to start seeing them launch campaign here.

[Proty]

The reason should be that it is more easy to operate a casino than to operate a prediction market. A casino takes control of the games and also regulate the odd but in prediction market there must be plenty users and enough assets for both side of the market before it will to function well.
In prediction market there is likely a problem of telling when it is right to treat disputed events. This is more likely to cause a problem on how to regulate and manage the predictions Market than operating a casino.
As for poly market and kalshi , it will not be easy for someone that is starting new because of the kind of brand they already have and also getting a users will be very challenging. The market may present opportunities, but is not as easy as getting a licence and starting it's platform.

[Bryan jessy]

Prediction market is becoming very common now, I see it almost everywhere even in exchange wallet but it is not very common here, gambling and betting are the most common activity here that is because these were the two top notch as at then before now that prediction market has become a hot cake currently I know most of us here really like prediction market and so some go for it in other places outside the forum, if the request is to introduce prediction market, when good numbers of people shows interest I am sure they will work towards it, I even thought some casino here most have introduced prediction market since it is very common now and almost every business what to add it to their main business.

[fredericktaylor]

It is true that the casino platform has gone much further than the prediction market, there are various reasons behind this‌ but what I simply understand is that getting a prediction market licence quickly or easily is not the end of the matter, the prediction market requires sufficient money and buyers so that buying and selling can be done very easily and to keep the prediction market active at all times, a large number of buyers are needed and it is very important to have the opportunity to buy and sell in the market at all times. Another thing is that the general people has much more confidence in the casino platform than the prediction market, so despite the opportunity to get a licence quickly, the new prediction market is not growing much.

[Filicius]

What I am thinking is they they might not know that this place does exist in the internet or they know but not interested to come here. And that is where interest and awareness comes to play in everything we do.

Those casinos that have not been to this forum is actually because they don’t know about this forum, no casino that knows about this forum will not come because this forum is a place that will give every casino a lot of traffic so I don’t think any casino that knows about this forum will reject coming, if they reject coming then they really don’t know what they’re doing and maybe they are satisfied with the customers they have.

You must be referring to crypto casinos, because it is very likely that those which don't accept cryptocurrencies as a means of payment will not find it practically attractive to advertise on these pages (correct me if I am wrong).

And together with the above, I raise the following question, because I admit to being a great stranger to predictive market platforms: are there already those that are accepting cryptos as a payment method?

[Texac]

Like they are running a sig campaign and other type of promotion here? But if you mean posting their thread to introduce their Prediction market site, there's actually few tried to post their platform here.
Can't provide a link, since I don't know if they are safe to use or maybe just another scam.

But you could try to go in gambling section then search Prediction market keyword, then there are similar sites will pop up as result.

I think that prediction market is huge but there is a regulatory concerns around it. Casino in the first place have alot if blacklash on from different place, introducing prediction market that is banned across many countries is not something many companies would want to start. If you check the big casino companies, they hardly go into prediction market. I once see a prediction market here on some sig but they took it off for some reason, I don't know why.

In my opinion  by adding prediction market any operator could suddenly face completely different set of requirement and restriction, and they can vary from one jurisdiction to another. Casino probably wouldn’t want to put its licenses and already established core business at risk just for one additional product. But I think there’s also the issue of audience.
So I would expect sportsbook to be first ones to actively start combining these two area.

And example of Polymarket shows one more thing very clearly, there really is huge potential market. But simply creating platform isn’t enough. You need to deal with regulation and liquidity at same time, while also attracting right audience. That’s exactly why we constantly see new casino appearing, while successful new prediction market are much less common.

[sunsilk]

I wonder why there are no prediction markets, though.

I think what they focus with is on the other ways of marketing through social media. I have seen some ads on the other platforms for the two, kalshi and polymarket.

But it's going to give them more boost if they'll also advertise in the forum where they know that this is the target niche and everyone has cryptocurrency to bet on their prediction market.

And even not a signature campaign but by just being active in the forum and having a representative and thread, show they care for this community but we don't know.

[Dogedegen]

I've noticed that there's a new casino introduced every now and then. They're sprouting like mushrooms. Even here on the forum, there's a new one coming out almost every week.

I wonder why there are no prediction markets, though. We've often read that prediction market is the next big thing. We're all familiar with Polymarket and Kalshi and how they hit the mainstream in a relatively short period of time. They grew from their humble beginnings of a few millions in seed capital not too long ago to a valuation of tens of billions today.

The question from a business side is why would they do that? There is probably some historic precedent here, if people who are running new casinos or looking to expand start asking around in networks or doing research they will find that this is the best place to establish their presence and reputation. It has to do with the precedent of others doing this for a long time and consistently. Prediction markets became very big and relevant as a new innovation without having to come to a forum like this at all. They were very connected to the crypto industries since the founding, and because of that they have no need to have a presence on this forum. I don't think they will benefit at all, and even less so the big names that almost everyone knows by now like Polymarket.

There have been plenty of cheap clones around, they've all died because of the same thing: people open the market board and see there is little activity they close it down and go to the big ones.

Licenses have nothing to do with it.

Yeah I don't see licenses being related with this.

[terrific]

IMO, gamblers are really interested onto specific things these days.
While these prediction markets are a place of betting in odd things and that's the branding that they have.
And so for sports bettors, we know where to go and the demand for prediction market isn't really a lot.
They need no marketing anymore because of how they're given the exposure through the mainstream media.

I will also feel the same as you, they’re already in the mainstream media and may not really need any mor advertising here. But then on a more interesting note, the casinos here are already all over the places but when a new one launches, they also want to advertise their site here to get more users using their casino. The distinction here is that, there are no plenty of prediction markets sites available now other than the two major ones. Overtime, when there is demand for them and we are new ones keep evolving out, we could see a fight towards advertising their sites in places like this in order to get more customers willing to use their services.

They're the big platforms and they're too big for now to advertise.
Which means that even if they don't have any advertising in any platform, they know that people will still search for them in the first results.
That's a monopoly in there and if ever there will be new platforms that shall rise, they'll have a hard time beating these two without even marketing.

[Josefjix]

I wonder why there are no prediction markets, though. We've often read that prediction market is the next big thing. We're all familiar with Polymarket and Kalshi and how they hit the mainstream in a relatively short period of time. They grew from their humble beginnings of a few millions in seed capital not too long ago to a valuation of tens of billions today.

There are prediction market that had come the forum before, futuur campaign managed by Hhampuz long time ago was a prediction market that once became popular, but not extremely over popular like polymarket and Kalshi. The market only uses Bitcoin and ohms token for prediction.

The ohms token is the native token on the platform, they can be rewarded but it's not a real money, Futuur explains that the ohms token is given to new registrant as a demo token for predicting and testing the various markets on their platform.

[lombok]

I wonder why there are no prediction markets, though.

I think what they focus with is on the other ways of marketing through social media. I have seen some ads on the other platforms for the two, kalshi and polymarket.

But it's going to give them more boost if they'll also advertise in the forum where they know that this is the target niche and everyone has cryptocurrency to bet on their prediction market.

And even not a signature campaign but by just being active in the forum and having a representative and thread, show they care for this community but we don't know.

This can easily draw the attention of the masses with such a global level marketing strategy. Crypto forum communities can still be considered the most appropriate target since their activists are the ones with liquid capital and having the first hand experience with the predictive trading system.

Official ambassadors that are in charge of constantly monitoring the discussion are indicative of open mindedness in the long term. This can be done through organic loyalty by being committed and being committed through a two way communication, leaving people with a feeling that they are appreciated, way beyond the ability of visual promotions to leave behind the impressions on the minds of a wide audience.

[uchegod-21]

IMO, gamblers are really interested onto specific things these days.
While these prediction markets are a place of betting in odd things and that's the branding that they have.
And so for sports bettors, we know where to go and the demand for prediction market isn't really a lot.
They need no marketing anymore because of how they're given the exposure through the mainstream media.

I will also feel the same as you, they’re already in the mainstream media and may not really need any mor advertising here. But then on a more interesting note, the casinos here are already all over the places but when a new one launches, they also want to advertise their site here to get more users using their casino. The distinction here is that, there are no plenty of prediction markets sites available now other than the two major ones. Overtime, when there is demand for them and we are new ones keep evolving out, we could see a fight towards advertising their sites in places like this in order to get more customers willing to use their services.

They're the big platforms and they're too big for now to advertise.
Which means that even if they don't have any advertising in any platform, they know that people will still search for them in the first results.
That's a monopoly in there and if ever there will be new platforms that shall rise, they'll have a hard time beating these two without even marketing.

Are prediction markets bigger than casinos that actively advertise themselves through any platform? The prediction markets may not be flooding this forum yet, but their reason is definitely not because they are too big to advertise. To me, the prediction market is still very small, they are yet to reach that massive global market popularity that is expected of them. The prediction markets need this forum more than any gambling company. This will give them the opportunity to meet a larger market accross the world. For now, polymarket and Kalshi are the most popular markets, how about others?

[Alphakilo]

I wonder why there are no prediction markets, though.

I think what they focus with is on the other ways of marketing through social media. I have seen some ads on the other platforms for the two, kalshi and polymarket.

But it's going to give them more boost if they'll also advertise in the forum where they know that this is the target niche and everyone has cryptocurrency to bet on their prediction market.

And even not a signature campaign but by just being active in the forum and having a representative and thread, show they care for this community but we don't know.

You know that the predictions market and Kalshi use a different model of business that's very distinct from casino platform and seeing that there are more casinos here, seeing that regulators are still trying to make the predictions market and Kalshi be guided by same casino platform regulations of which the predictions market and Kalshi see themselves as different, could all be reasons why they prefer to be or not be on a forum mostly dominated by casino platforms with more users.

Even if they are here and build a good exposure for themselves as they try to do on social media platforms, it might still be a difficult business that won't keep gamblers hooked in or stimulated and excited always as casino business is.
 

[Chibit01]

The biggest risk of prediction markets is that each market or bet requires different liquidity. As a result, even if there are 100 markets on the platform, if each has low liquidity, the experience of the entire platform can be bad and no one wants to get a negative reputation intentionally for their company. So, that is why even if various exchanges newly introduce this facility, but they are not able to create liquidity, users and reputation like Polymarket or Kalshi. For these reasons no one wants to enter this market easily.

Another thing again, with the way and structure of the prediction market, it's not easy for new people to come into it when they don't already have existing products and exchanges and other services which are integrating the prediction option into their already existing product runs their ads on top of their already built audience. It will be hard for them to come to a forum like this to promote when they have most of their targeted audience in their pocket.