Welcome to The Spread Sheet

Someone bet a hundred million dollars on Bad Bunny’s Super Bowl setlist.

Not the winner. Not the score. The setlist. Track by track. Real money. The market was open for weeks. People had opinions. Strong ones. They put actual dollars behind those opinions and then sat in a stadium watching Bad Bunny to see if they were right.

I need you to understand that this is the world now.

I spent four years on a hedge fund trading floor before I became a comedian. I watched people make and lose fortunes on information that turned out to be wrong. I wrote jokes about it for years. Then prediction markets showed up and I realized the whole thing had gotten funnier and I wasn’t done yet.

Markets now price everything. Elections. Fed decisions. Celebrity divorces. Whether the government will confirm that aliens exist. Whether Jesus comes back before 2027. Whether the president says a specific word during a press conference. Somebody opens the market. Somebody else takes the other side. Real money moves. The crowd is sometimes right and sometimes spectacularly, publicly, expensively wrong.

I find this fascinating. I also find it hilarious.

Every week we dig into the trades that matter, the ones that don’t, and the ones that absolutely should not exist but do anyway. We track what the smart money is doing and what the dumb money is doing with considerably more confidence. We ask the question the markets are actually asking — which is usually not the question anyone on television is asking.

You don’t need to know anything about prediction markets to be here. You just need to enjoy watching confident people be wrong about things in public.

We have a lot of material.

— Noah & The Spread Sheet team

New episodes weekly on YouTube and everywhere attention actually lives. @spreadsheetshow