← pool · child of Everything becomes a market — prediction-market financialization
📈 Legacy sportsbooks are toast
Prediction markets (Polymarket at a rumored $12-15B, Kalshi et al) offer real two-sided markets with better prices, simpler UX, and cash-out-anytime — legacy odds-setting sportsbooks like DraftKings and FanDuel get disintermediated.
0
CONVICTION
peaked 42.0 EMBER
DORMANT
band
▼ SHORT DKNG
expression · bearish equities
RIGHT
result · return +36.6% · vs SPY +23.2%
2026-10-24
born 2025-10-24 (E248) → window closed
⚠ CONFLICTING IDEA ON THE SAME TICKER
— the board is arguing with itself; net it out (ticker view →)
DKNG ·
Retail speculation complex (Robinhood/prediction markets/gambling) wins 2026
LONG
DORMANT 9.4
← stronger than this idea (6.4)
⚖ Why this result
fully deterministic — computed from daily closes on the scoring date; nothing below is editable or hand-set
- Window: 2025-10-24 → 2026-10-24 — first mention + 12-month horizon, then the window locks.
- The call: ▼ SHORT DKNG (primary play). DKNG fell 36.6% over the window → return (sign flipped for a SHORT) = +36.6% (the call made money).
- Benchmark: holding SPY over the same window returned +13.4%
→ vs SPY = +36.6 − (+13.4) = +23.2%
— what this call made or lost against just owning the index. This is the number the result uses.
Direction-only read: +50.1% — did DKNG move the predicted way relative to the market. The two only differ on a SHORT: this call was right about direction relative to the index but still cost money versus holding it.
- Rule fired:
▶ RIGHT — return ≥ +10% AND beat SPY by 5+ ✓ (return 36.6, vs SPY 23.2)· HALF — return ≥ +5% OR beat SPY at all· WRONG — everything else
- Credit: supporters of a RIGHT earn 1.0 each, opposers the opposite — this feeds the scoreboard. supported: Chamath
Conviction timeline
bands: green ≥ 65 · watch ≥ 45 · ember ≥ 15
Plays vs SPY · % since first mention (2025-10-24)
Plays
Mention log newest first
Chamath
equities 42% · n=163
· E248 (2025-10-24) · explicit_prediction · strength 3
▶ 21:37
SUPPORT
“a billion or two billion at nine billion. Then the next weekend, they announced sports betting. And now they're raising money 30 days later, ... you can see by the way, the way that DraftKings and FanDuel stock have reacted to this. Those companies are toast. Toast.”
Who built this conviction
each voice's total push on the score, in conviction points across every mention — supports and opposes · share = % of all mention-driven movement
⏳ decay drained -35.6 over the idea's life — that's time passing, attributed to no one
Score events
| episode | kind | Δ | after | note |
|---|---|---|---|---|
| E248 2025-10-24 | init | +42.0 | 42.0 | E248 born by Chamath (explicit_prediction x3) |
| E249 2025-10-31 | decay | -1.7 | 40.3 | E249 silent |
| E250 2025-11-07 | decay | -1.6 | 38.7 | E250 silent |
| E251 2025-11-14 | decay | -1.5 | 37.2 | E251 silent |
| E252 2025-11-22 | decay | -1.5 | 35.7 | E252 silent |
| E253 2025-12-06 | decay | -1.4 | 34.2 | E253 silent |
| E254 2025-12-13 | decay | -1.4 | 32.9 | E254 silent |
| E255 2025-12-19 | decay | -1.3 | 31.6 | E255 silent |
| E256 2025-12-31 | decay | -1.3 | 30.3 | E256 silent |
| E257 2026-01-10 | decay | -1.2 | 29.1 | E257 silent |
| E258 2026-01-17 | decay | -1.2 | 27.9 | E258 silent |
| E259 2026-01-30 | decay | -1.1 | 26.8 | E259 silent |
| E260 2026-02-07 | decay | -1.1 | 25.7 | E260 silent |
| E261 2026-02-13 | decay | -1.0 | 24.7 | E261 silent |
| E262 2026-02-28 | decay | -1.0 | 23.7 | E262 silent |
| E263 2026-03-06 | decay | -0.9 | 22.8 | E263 silent |
| E264 2026-03-13 | decay | -0.9 | 21.9 | E264 silent |
| E265 2026-03-19 | decay | -0.9 | 21.0 | E265 silent |
| E266 2026-03-27 | decay | -0.8 | 20.1 | E266 silent |
| E267 2026-04-03 | decay | -0.8 | 19.3 | E267 silent |
| E268 2026-04-10 | decay | -0.8 | 18.6 | E268 silent |
| E269 2026-04-17 | decay | -0.7 | 17.8 | E269 silent |
| E270 2026-04-24 | decay | -0.7 | 17.1 | E270 silent |
| E271 2026-05-01 | decay | -0.7 | 16.4 | E271 silent |
| E272 2026-05-08 | decay | -0.7 | 15.8 | E272 silent |
| E273 2026-05-15 | decay | -0.6 | 15.1 | E273 silent |
| E274 2026-05-22 | decay | -0.6 | 14.5 | E274 silent |
| E275 2026-05-29 | decay | -0.6 | 13.9 | E275 silent |
| E276 2026-06-13 | decay | -0.6 | 13.4 | E276 silent |
| E277 2026-06-19 | decay | -0.5 | 12.9 | E277 silent |
| E278 2026-06-26 | decay | -0.5 | 12.3 | E278 silent |
| E279 2026-07-03 | decay | -0.5 | 11.8 | E279 silent |
| E280 2026-07-11 | decay | -0.5 | 11.4 | E280 silent |
| E281 2026-07-18 | decay | -0.5 | 10.9 | E281 silent |
| E282 2026-07-24 | decay | -0.4 | 10.5 | E282 silent |
| E283 2026-07-31 | decay | -0.4 | 10.1 | E283 silent |
| E284 2026-08-08 | decay | -0.4 | 9.7 | E284 silent |
| E285 2026-08-14 | decay | -0.4 | 9.3 | E285 silent |
| E286 2026-08-21 | decay | -0.4 | 8.9 | E286 silent |
| E287 2026-08-29 | decay | -0.4 | 8.5 | E287 silent |
| E288 2026-09-04 | decay | -0.3 | 8.2 | E288 silent |
| E289 2026-09-11 | decay | -0.3 | 7.9 | E289 silent |
| E290 2026-09-26 | decay | -0.3 | 7.6 | E290 silent |
| E291 2026-10-02 | decay | -0.3 | 7.3 | E291 silent |
| E292 2026-10-10 | decay | -0.3 | 7.0 | E292 silent |
| E293 2026-10-17 | decay | -0.3 | 6.7 | E293 silent |
| E294 2026-10-23 | decay | -0.3 | 6.4 | E294 silent |