Published on: September 13, 2025, 05:55h.
Updated on: September 13, 2025, 05:55h.
- Peer-to-peer betting application enters the prediction markets arena
- This marks an extension of the company’s Heads Up and Pools features
Slips, the firm that created a social gaming-driven peer-to-peer betting app, has announced the launch of AI-driven prediction markets.
Based in Los Angeles, the company claims that these AI-enhanced prediction markets are an advancement of its Heads Up (winner-takes-all) and Pools (split the winnings) games. To date, over 150,000 “Slippers” nationwide have collectively earned over $6 million since their inception.
With the help of advanced large language models, these systems can autonomously create new betting options around current events, audit and determine outcomes in real-time to promote fairness, and expand prediction categories across sports, entertainment, politics, finance, and global happenings,” stated a press release.
Similar to other major prediction market platforms, Slips provides derivatives related to economic data, financial markets, political events, pop culture, and sports.
“The company has also revealed that these markets will soon cover futures, commodities, and political betting, all utilizing AI tools for automatic tracking, generation, and settlement of bets,” added Slips in their announcement.
Benefits of AI in Prediction Markets
The combination of AI and prediction markets could signify a productive alliance, particularly since certain event contracts can be prone to ambiguity and manipulation.
For instance, Polymaket, the leader in this domain, faced criticism recently over allegations of manipulation related to a yes/no contract concerning Ukrainian President Volodymyr Zelensky’s public appearances in a suit. Controversy erupted when he was seen formally dressed at a NATO meeting in June and the contract was not resolved in favor of “yes” bettors immediately. AI may help alleviate such issues.
“Prediction markets represent the natural progression of peer-to-peer gaming, with AI serving as the driving force behind its limitless potential,” stated Slips founder and CEO Jess Richman. “By eliminating the house edge, empowering our users, and leveraging generative AI, we’re setting the stage for the most engaging, scalable, and social real-money betting experience.”
Growing Trend of AI in Prediction Markets
The synergy between AI and prediction markets is gaining traction. Besides Slips, which is directly integrating AI into its games, Kalshi and Elon Musk’s xAI announced a collaboration in June, bringing the Grok chatbot from Musk’s X social media platform into the yes/no derivatives sphere.
Investors are paying attention. Notably, Slips counts Sunset Bay Capital, Trousdale Ventures, and Watertower Ventures among its investment partners, as per PitchBook. Six-time World Series of Poker champion Jason Mercier is also a financial supporter of Slips.