DraftKings jumping into prediction markets? That's not a coincidence. They're watching the writing on the wall.
Polymarket's pivot to a clearinghouse structure is honestly brilliant from a business angle. They're basically creating infrastructure that bridges traditional finance with decentralized betting.
Here's the thing: legacy gambling platforms are realizing they can't ignore the peer-to-peer model anymore. The centralized house-takes-all approach is getting disrupted, and these dinosaurs either adapt or watch their margins evaporate.
The real question isn't if more will follow—it's how fast they'll move before they're left behind.
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LightningSentry
· 11-29 19:38
Polymarket's move is indeed brilliant, directly mixing TradFi with on-chain gambling.
It's normal for DraftKings to be anxious; the centralized siphoning model can no longer survive, it's either follow the trend or wait to die, it's that simple.
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ChainPoet
· 11-29 18:01
DraftKings' recent moves are indeed aggressive, and the old gambling platforms are really panicking.
Although the clearing and settlement structure of Polymarket doesn't look that attractive, upon further thought, it still has some substance.
The traditional model where market makers dominate is really losing credibility... Once P2P takes off, centralization is doomed.
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DeadTrades_Walking
· 11-29 05:09
Haha, those people at DraftKings finally couldn't sit still, I had noticed it a long time ago.
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ser_ngmi
· 11-27 12:16
Nah, dragonkings should have acted earlier; if they don't follow the trend now, they'll really become dinosaurs.
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FancyResearchLab
· 11-26 23:11
Here comes another "theoretically feasible" innovation, DraftKings and these traditional casinos are just now catching on, a bit late though.
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SerumSurfer
· 11-26 23:05
NGL, this wave is truly the doomsday alarm for traditional casinos.
Polymarket's move is impressive, directly connecting TradFi and on-chain betting. This is real disruption.
DraftKings' old-timers have finally reacted, haha.
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Wait, if we're really talking about speed, can these big players outpace the DEX ecosystem? It feels like they will still be choked.
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To put it bluntly, it's adapt or die; there is no third option.
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Only when margin gets dumped will they really take off, right now they're just watching what happens.
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That's why I would never touch a centralized platform; even if I have to risk my body, it has to be on-chain.
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AirdropF5Bro
· 11-26 23:02
Honestly, this is just the big companies panicking; the boundaries are becoming increasingly blurred and can't be stopped.
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FudVaccinator
· 11-26 22:59
I've said it for a long time, traditional gambling is doomed; it just depends on who reacts faster.
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StopLossMaster
· 11-26 22:59
Ngl, the operation of Polymarket this time is indeed ruthless; traditional casinos either adapt to P2P or wait to be eliminated.
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WhaleWatcher
· 11-26 22:58
The old forces can no longer sit still; this turn around probably came too late.
DraftKings jumping into prediction markets? That's not a coincidence. They're watching the writing on the wall.
Polymarket's pivot to a clearinghouse structure is honestly brilliant from a business angle. They're basically creating infrastructure that bridges traditional finance with decentralized betting.
Here's the thing: legacy gambling platforms are realizing they can't ignore the peer-to-peer model anymore. The centralized house-takes-all approach is getting disrupted, and these dinosaurs either adapt or watch their margins evaporate.
The real question isn't if more will follow—it's how fast they'll move before they're left behind.