Equity Mates Investing Podcast

Prediction markets are coming for Sportsbet & Pimp My Portfolio with Owen Rask

21 snips
Feb 18, 2026
Guest
Owen Rask
Owen Rask, a financial adviser who reviews portfolios and gives practical investing tips. He discusses prediction markets disrupting sports betting and trading oddities. Then he reviews Kaleb’s core-and-satellite portfolio, talks risk and position sizing, and suggests a couple of starter books for young investors.
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INSIGHT

Threat To Traditional Sportsbooks

  • Prediction markets are starting to cut into the US sports-betting market and pressure listed sportsbooks.
  • DraftKings and Flutter have seen meaningful share price sell-offs this year as volumes shift.
ADVICE

Monitor Gambling Stocks For Prediction Exposure

  • Watch listed gambling firms like Flutter and DraftKings for exposure to prediction markets.
  • Expect these companies to lobby for legalization and to add prediction products to their offerings.
INSIGHT

Australia Risk And Gamification

  • Introducing prediction markets in Australia could expand gambling into many new areas and worsen harm.
  • Platforms also gamify the experience, blurring lines between investing and gambling.
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