This week we discuss LSU reportedly using prediction markets to hedge Lane Kiffin-related bonuses, Donald Trump Jr.’s ties to the industry, the politics surrounding prediction market regulation and whether the industry could eventually become too big to unwind.Then, gaming and prediction markets attorney, Alex Dubin, joins the show to break down the Ninth Circuit’s ruling against Kalshi, why it conflicts with the Third Circuit’s decision, and how the growing divide between federal and state regulators could ultimately land in front of the Supreme Court.📅 New Episodes Drop: Wednesdays 👇 Subscribe now.@insidepredictionmarkets OpticOdds is a global leader in sports betting data solutions, empowering sportsbooks, DFS, prediction markets and platform providers with the fastest, most reliable, and most comprehensive odds data and trading tools in the industry.Sign-up to join the Novig x OpticOdds incubator: https://docs.google.com/forms/d/e/1FAIpQLSd6VQ-OEHRs7JpEs7-tURuy6WRP4WGRtlyBfByDkhgJ9KEbHw/viewformThis content is for informational, educational, and entertainment purposes only and is not financial advice. Please do your own research. The views expressed are not necessarily those of Novig. All investing and prediction market trading involves risk, including the loss of principal.00:00 LSU hedges Lane Kiffin on Kalshi01:57 Polymarket’s $21B valuation2:50 Trump Jr.: "Back Off"04:08 Alex Dubin joins the show07:33 Ninth circuit ruling15:06 Why federal markets are split on PMs 17:03 Could PMs reach the Supreme Court?27:11 Are PMs gambling? 33:26 Are PMs too big to fail?#predictionmarkets #kalshi #polymarket #novig #draftkings #fanduel #gambling #sports #betting

This week, President Trump expressed his support of prediction markets in the U.S., our Novig CEO and co-founder Jacob had a CNBC feature and NFL players are returning to college football.

Then, we get into the NFL markets that are already exceeding expectations before the regular season begins. We unpack the surge in preseason trading volume and predict just how massive trading will become Week 1. We debate which exchanges will grow the most from football season and preview trading activity around the U.S. Open. We wrap up with a quick debrief of BetBash 2026.

We open this week with our 3 big things: Kalshi has a new 3.5% maker fee on RFQs, Underdog just released a new crash-style game and Novig passed Rothera in trailing 7-day prediction market volume!

Then, our good friend Hitman joins us to discuss all things NFL. He shares how he got into the touting space and then breaks down how he approaches NFL preseason betting and identifies teams the market may be pricing incorrectly. He explains why he’s higher on the Patriots and Jaguars, lower on the Commanders and Packers, and what he expects from teams like the Ravens and Giants this season.