Sharp Bettors Are Starting To Call Them Out... Is It Fair? | Circle Back | Presented by ProphetX

Prediction markets are having a moment of reckoning. Sharp bettors are starting to call out PM platforms for the same behavior that made traditional sportsbooks notorious: squeezing out the very winners who helped legitimize the space in the first place. From new maker fees quietly eating into sharp profits to a "pro gambler arc" meme capturing the entire cycle of boom, backlash, and burnout, this week's Circle Back digs into whether prediction markets are already repeating the mistakes of the sportsbooks they were supposed to replace.

Host Jacob Gramegna is joined live by Joey Knish, Thon Misser, and Peanut to break down the fee structures, the hypocrisy accusations flying between market makers and sharp takers, and what it all means for anyone trying to get a long-term edge in this new market. Presented by ProphetX.

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