Pro Trader Explains The Truth Behind Prediction Market Makers | Presented by ProphetX

Can sharps actually beat a prediction market maker? Chris "Flup" Dierkes breaks down what market makers really do, why new exchanges need in-house liquidity, how auto-movers and traders manage directional risk when the flow hits one side, and what the CFTC's proposed bona fide market making rules could mean for the role. He also takes on the biggest misconceptions, including whether market makers can see who they're trading against. Recorded at BetBash, Jacob Gramegna sits down with Chris Dierkes, Pro Sports Bettor and Trader, for a look at the other side of the counter on prediction markets, and why Flup thinks rebate and volume incentive deals should be posted publicly. 🟢 Sponsored by ProphetX, America's #1 Sports Prediction Market. Sign up with promo code CIRCLESOFF — Trade $50, get $75: https://www.prophetx.co/ 📅 New episodes of Circle Back every Monday, Interviews/Industry Insights/Standalone videos every Wednesday, and new episodes Off Script every Friday, all at 1:30 PM ET on their respective days 🔵 Sign up with EDGE Boost - https://www.edgeboost.bet/guide?oid=553&affid=117 🟠 JuiceReel picks - https://links.juicereel.com/friendRequest?redirectUri=anVpY2VyZWVsOi8vYWRkRnJpZW5kL1RoZUhhbW1lci85OWE0YTA2NDRiMDIyYzhjZmU2MDI0YTk2YWRiNWFhOS00N2NlZWEzZTg1YTdmOTFlOGQxN2JiYzhlZmRjZDlhMA%3D%3D 📊 Scale with Betstamp PRO → https://bit.ly/3QIPbFW LINKS 🎮 Join The Hammer's Discord: https://discord.gg/hammer ✉️ Sign up for our newsletter: https://kirknewsletter.thehammer.bet/ 🔨 The Hammer Betting Network: https://thehammer.bet/ SOCIALS 🔵 Circles Off on Twitter - https://x.com/CirclesOffHQ ⬛️ Circles Off on TikTok - https://www.tiktok.com/@circlesoffhq 🟪 Circles Off on Insta - https://www.instagram.com/circlesoffhq/ FOLLOW 🔵 Follow Jacob - https://x.com/jacob_gramegna 🔵 Follow Chris - https://x.com/Flupnolide OUR OTHER CHANNELS 🔨 https://www.youtube.com/@TheHammerHQ 🏈 https://www.youtube.com/@FwdProgressHQ 📚 https://www.youtube.com/@HitTheBooksHQ Circles Off podcast is an entertainment podcast. The opinions expressed in the podcast are for the purpose of discussion in the area of sports betting, online gaming and other like markets. Circles Off podcast does not condone unlawful or illegal activity, and if you are unsure of the laws in your jurisdiction surrounding these markets, please seek the appropriate legal advice about strategies that you intend to implement. Please gamble responsibly. #PredictionMarkets #SportsBetting #MarketMaking #CirclesOff #BetBash Learn more about your ad choices. Visit megaphone.fm/adchoices