Good morning. The New York Knicks are N.B.A. champions for the first time in 53 years, after defeating the San Antonio Spurs, 94-90, in yet another come-from-behind win. Jalen Brunson, who scored 45 points last night, was named finals M.V.P. The series energized New York in a way few other events have, with celebrations in […]
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“Nowhere else in America can businesses get away with agreeing not to pay their workers a fair market rate on the theory that their product is defined by not paying their workers a fair market rate,” Justice Brett Kavanaugh wrote in a concurring opinion. “And under ordinary principles of antitrust law, it is not evident […]
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In many ways, this effort mirrors that of prediction markets today, which claim to offer a different, better product for their customers than traditional gambling. But the rise in prediction markets has not led to a decline in gambling addiction, nor does it truly offer its customers a healthier option to gambling. According to one […]
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These partnerships could also potentially help prediction markets in future legal arguments, if they need to make the case that there is added societal benefit to their product. Several states have filed lawsuits against prediction markets, alleging that they violate state gaming laws. The Trump administration has pushed back, suing some states for trying to […]
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Only one player in the last 40 years has taken three weeks off on the PGA Tour before the Masters and won: Adam Scott in 2013. Augusta National Golf Club is the most predictive venue on the tour schedule. Year after year, players who check a handful of particular boxes compete, contend and, ultimately, win. […]
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We wrap up the Florida Swing this week with the 2026 Valspar Championship. We were happy to see Cameron Young get his signature victory at The Players, but it selfishly hurt a lot of our experts, as we’ve been betting him outright for the past three years. Back to the well to hit a winner. […]
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A total of 1,300 people were laid off from the State Department last summer, and the Bureau of Energy Resources was hit hard. The people fired were responsible for planning scenarios if the strait was ever closed, and others had professional relationships with oil and gas companies in the Middle East as well as with […]
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Even as they strive to lure players in, sportsbooks are also perfectly willing to kick people out, to limit bets and arbitrarily reduce payouts. Sports betting is not pure chance, and while amateur gamblers are prone to making ill-informed bets for bad reasons (betting on personal favorite teams is a big one), smart gamblers and […]
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Compared to what you can bet on now, the small-beer trading on presidential futures at one of the earliest “world event” platforms, the Iowa Electronic Market, seems quaint or even harmless. Kalshi partner CNN has some restrictions around the goriest markets; both CNN and Kalshi’s newest partner, the AP, have positioned their use of the […]
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Justin Smith won over $1 million during his poker career competing on the World Poker Tour, but one of his most infamous moments came after the cards were dealt. Over a decade-and-a-half ago, Smith played at the final table during a World Poker Tour event. However, despite winning a crucial hand against a poker legend […]
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That November 2024 meeting involved Kirk, Trump, TikTok CEO Shou Zi Chew, and a slideshow with a swath of visual graphics that Kirk knew would sway the incumbent Republican. Kirk and Chew wanted to stall the impending congressional ban on the app, and they succeeded by appealing to the president’s vanity. One slide, obtained by […]
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May 1, 2015 (Photo: Florian Christoph) Almost a decade of blogging had worn me down, but after some time off, I’m ready to jump back in the saddle. I can’t think of a better way than by embarrassing myself with the annual Kentucky Derby predictions! I can’t remember the last time I was so excited about […]
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