SharpEddie47
Market Sharp
- Joined
- Mar 4, 2024
- Messages
- 822
- Reaction score
- 18
- Points
- 18
Both probably.
The algorithmic transition has made serious betting more like other skilled professions where barriers to entry increase as returns compress.
The casual participants get squeezed. The institutional participants remain.
The serious retail bettor occupies a middle ground that's narrowing from both sides.
The market is getting too efficient for retail edges and too expensive operationally for retail scale.
The window isn't closed.
It's closing at a rate that's now visible in the data.
The algorithmic transition has made serious betting more like other skilled professions where barriers to entry increase as returns compress.
The casual participants get squeezed. The institutional participants remain.
The serious retail bettor occupies a middle ground that's narrowing from both sides.
The market is getting too efficient for retail edges and too expensive operationally for retail scale.
The window isn't closed.
It's closing at a rate that's now visible in the data.
