Business of Betting Podcast
1,327 FOLLOWERS
A podcast about the business side of the betting, wagering and investing world.
Business of Betting Podcast
3d ago
On this episode of the Business of Betting Podcast, Jason is joined by Dillon Borgida from Betonu.
Hear them discuss:
01:42 - NCAA basketball talk
03:20 - Breakdown of sportsbook VIP programs and how they work
08:26 - The role of VIP hosts
10:35 - Why Smarkets doesn't have a VIP program (so far)
15:00 - Why VIP players aren't necessarily price sensitive
16:04 - The different tiers of VIPs, and what perks each tier can expect
20:23 - The role of credit and offshore sportsbooks with VIP players
23:28 - VIPs, responsible gambling, and affordability checks
30:10 - What the next 10 years lo ..read more
Business of Betting Podcast
2w ago
On this episode of the Business of Betting Podcast, Jason is joined by Greg Kajewski from BettorEdge.
Hear them discuss:
01:00 - March Madness check-in
02:30 - Jason's collegiate wrestling career
05:38 - Introduction to BettorEdge
09:18 - Mechanics of transactions on BettorEdge, and how they are structured to ensure compliance
14:08 - BettorEdge's peer-to-peer betting model
16:32 - The different ways that BettorEdge monetizes its platform
20:21 - Attracting liquidity to the exchange
23:45 - Greg's opinion of Smarkets' strategy in the US market
25:34 - Marketing a betting product in a loud an ..read more
Business of Betting Podcast
1M ago
On this episode of the Business of Betting Podcast, Jason is joined by James McLoughlin from Stirling Mac.
Hear them discuss:
01:53 - Are US sportsbook product companies or marketing companies?
05:44 - The importance of price as part of the betting product experience
09:30 - Lean marketing tactics for operators without billion dollar marketing budgets
12:00 - How to successfully market betting apps using app store optimization
15:17 - Acquiring users and customers organically
20:27 - James' experience working at Betfair, and why exchanges are on the retreat in sports bettin ..read more
Business of Betting Podcast
1M ago
On this episode of the Business of Betting Podcast, Jason is joined by Antonino De Rosa.
Hear them discuss:
01:50 - Magic the Gathering, Dungeons & Dragons, and chess
06:06 - How Antonino found his way to the Pinnacle trading floor
07:44 - Why the low vig sportsbook model isn't more popular
12:09 - The reason that sportsbooks screwed up the 2020 US presidential election markets
15:10 - Antonino's thoughts on exchanges, and why he doesn't use them
17:57 - Running a basketball betting syndicate, and how it operates
21:25 - The difference between PPH and an agent system
23:54 - Building a ..read more
Business of Betting Podcast
1M ago
On this episode of the Business of Betting Podcast, Jason is joined by Matt Restivo from OddsJam.
Hear them discuss:
01:00 - Life in Boulder, CO
02:46 - The recent ruling on the 14th Amendment in CO
04:45 - Introduction to OddsJam
07:07 - Overview of arbitrage and value betting
10:48 - Preserving betting account longevity
13:30 - 10-year vision for OddsJam
14:52 - Sourcing pricing data to power OddsJam's tools
17:06 - OddsJam founding story
18:55 - Company size and traction
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This episode is presented by ..read more
Business of Betting Podcast
2M ago
On this episode of the Business of Betting Podcast, Jason is joined by Manu Gambhir from Xpoint.
Hear them discuss:
02:24 - Introduction to Xpoint
03:45 - The geolocation provider landscape in the US market
05:20 - Primer on geolocation regulatory requirements
07:50 - Competitive dynamic of geolocation providers in the US
11:26 - The technical complexity of building geolocation solutions
18:04 - Lawsuits and legal challenges around IP rights
20:27 - The regulatory complexities of operators building their own geolocation solutions internally
23:38 - Xpoint's commercial traction in ..read more
Business of Betting Podcast
2M ago
On this episode of the Business of Betting Podcast, Jason is joined by Paul King from OddsMonkey.
Hear them discuss:
01:45 - a primer on matched betting & Paul's background with it
05:30 - the background and origins of OddsMonkey
07:50 - Paul's view of the sports betting industry
10:30 - bookmakers' attitudes towards matched betting
12:30 - the change over time in the value of bonus offers, and Paul's outlook for the future of bonusing
16:20 - the role that exchanges play in matched betting
19:55 - the ethics and legality of stake factoring and restricting customer accounts
27:07 - what ..read more
Business of Betting Podcast
2M ago
On this episode of the Business of Betting Podcast, Jason is joined by Joe Brennan Jr. from Prime Sports.
Hear them discuss:
02:51 - using restaurant metaphors to explain Prime Sports' position in the market
10:52 - the parallels between the Costco shopping experience and sports betting
14:40 - why cricket is an underappreciated sport for betting
22:04 - the shift in how audiences are consuming live sports, and why that doesn't bode well for microbetting
24:37 - operating Prime Sports as "a reduced juice shop"
27:57 - where the red line is before the low-margin model is no longer viabl ..read more
Business of Betting Podcast
2M ago
On this episode of the Business of Betting Podcast, Jason is joined by David Frohardt-Lane from DL Trading.
Hear them discuss:
01:09 - David's background in high frequency market making
03:22 - Why David invested in Sporttrade's Series A funding round
05:20 - The price sensitivity of American bettors
07:54 - Comparing financial trading to trading sports betting markets
10:15 - Deep dive on DL Trading's role as Sporttrade's principal market maker
14:22 - The challenges of trading sports at scale
16:39 - Attracting liquidity to betting exchanges
21:58 - Revisiting the 2020 US Presidential ..read more
Business of Betting Podcast
3M ago
On this episode of the Business of Betting Podcast, Jason is joined by Jacob Fortinsky, co-founder & CEO of Novig.
Hear them discuss:
02:43 - The current controversy at Harvard, Jacob's alma mater
06:40 - Companies taking political stances, and how Jason and Jacob think about that within their companies
09:31 - Jacob's experience meeting Paul Graham, the founder of Y Combinator
12:04 - High concept overview of Novig
13:35 - Raising $7 million from investors to build Novig
15:30 - What Jacob thinks Jason should have done differently building Smarkets
17:48 - Attracting institutional liqui ..read more