Oddpool Research
Deep dives on prediction markets.
Kalshi, Polymarket, fee structure, market microstructure, and the trading patterns that move real money. Written by the team behind Oddpool.
Market Microstructure··9 min
Mapping Kalshi's RFQ Layer: A Census of the Bots Behind the Quotes
A field map of Kalshi's RFQ layer. Two backbone bots respond to half of every request. Combos and singles are quoted by completely separate crews. And on the non-sports markets we tested, nobody quoted anything at all.
Market Microstructure··7 min
How Prediction Market Fees Actually Work: Kalshi vs Polymarket
A trader's guide to fee structure on Kalshi and Polymarket. How fees scale, what makers and takers actually do, and the four ways to execute a position.