Source: Coindesk
Summary
Major League Baseball (MLB) has partnered with a prediction market platform, following similar partnerships with other major sports leagues and organizations. The platform allows users to bet on the outcome of games and events, with the goal of creating a more engaging fan experience. According to the platform, the partnership will provide MLB fans with a new way to interact with the league and its teams. The partnership is the latest in a series of deals involving the prediction market, which has been gaining traction in recent months.
Our Reading
The announcement sounds ambitious.
MLB is only the latest in a string of recently announced partnerships involving the prediction market. This “new” way to interact with the league is just a rebranded version of fantasy sports. Because what’s more exciting than betting on the outcome of games? The platform is basically just a fancy sports book. And we’re sure the data collection and targeted advertising will be completely incidental. The prediction market is just a fancy name for “we’re going to make money off your habits”.
Author: Evan Null
