# Sportsbooks are taking your cut. PRED is building the exchange that cuts them out - Crypto Coin Show Page: https://stenobird.com/podcast/crypto-coin-show-6582644/sportsbooks-are-taking-your-cut-pred-is-building-the-exchange-that-cuts-them-out-crypto-coin-show Text version: https://stenobird.com/podcast/crypto-coin-show-6582644/sportsbooks-are-taking-your-cut-pred-is-building-the-exchange-that-cuts-them-out-crypto-coin-show.md Podcast: [Crypto Coin Show](https://stenobird.com/podcast/crypto-coin-show-6582644) Published: 2026-05-17T05:00:05+00:00 Episode link: https://www.spreaker.com/episode/sportsbooks-are-taking-your-cut-pred-is-building-the-exchange-that-cuts-them-out-crypto-coin-show--72029618 Audio file: https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/72029618/sportsbooks_are_taking_your_cut_pred_is_building_the_exchange_that_cuts_them_out_crypto_coin_show.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/crypto-coin-show-6582644/episodes/sportsbooks-are-taking-your-cut-pred-is-building-the-exchange-that-cuts-them-out-crypto-coin-show Duration seconds: 1753 ## Resource Sports bettors lose to the bookmaker before the game even starts. The house sets the lines, pockets the margin, and decides who gets to play β€” and most people have no idea how much that spread is actually costing them. PRED is a peer-to-peer sports prediction exchange built on Base that removes the middleman entirely. We sit down with the team behind PRED to break down how a decentralized sports prediction exchange works, why betting peer-to-peer changes the economics for bettors, and what it takes to build a regulated, on-chain alternative to the sportsbook model. From how PRED's matching engine works to the role of liquidity providers and what PRED token holders actually get, this is a practical look at what sports betting looks like when the house no longer has an edge. You'll learn: - Why sportsbooks are structurally designed to take a margin on every bet β€” and how much it costs the average bettor over time - How PRED's peer-to-peer exchange model works and what it means to bet directly against other users - What building a sports prediction exchange on Base (Coinbase's Layer-2) changes about accessibility, cost, and settlement speed - How liquidity works on a decentralized prediction exchange and who the counterparty actually is - What the PRED token does and how value flows through the protocol πŸ”— https://pred.gg/ πŸ””JOIN OUR FREE NEWSLETTER FOR 100X GAINSπŸ””: https://cryptocoinshow.substack.com/subscribe ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/crypto-coin-show-6582644/episodes/sportsbooks-are-taking-your-cut-pred-is-building-the-exchange-that-cuts-them-out-crypto-coin-show/transcription-requests` β€” Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/crypto-coin-show-6582644/sportsbooks-are-taking-your-cut-pred-is-building-the-exchange-that-cuts-them-out-crypto-coin-show.md` β€” Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.