Business of Betting Podcast

On this episode of the Business of Betting Podcast, Jason answers listener-submitted questions and shares his insights on the latest developments in the industry, including the proposed UK gambling tax, sweepstakes models, and NCAA player prop markets. Hear him discuss: 01:26 - His recent trip to Vegas and G2E conference highlights 03:30 - Impact of proposed UK gambling tax increase 08:00 - Sweeps...

On this episode of the Business of Betting Podcast, Jason is joined by Stuart Simms, the CEO of FairPlay Sports Media, recorded live at G2E in Las Vegas. Hear them discuss: 01:10 - The strategic shift from OddsChecker to Fairplay Sports Media 04:10 - Stuart’s personal health journey and diagnosis with cancer 08:20 - The impact of diet on health and cancer treatment 12:00 - Key takeaways from G2E a...

On this episode of the Business of Betting Podcast, Jason is joined by Dean Sisun from ProphetX. Hear them discuss: 02:04 - The overview of ProphetX and the sweepstakes model 04:12 - Postmortem on why ProphetX moved away from the betting exchange model 08:40 - Challenges with regulatory models in the betting industry 10:00 - Exploring the novelty factor and customer acquisition 11:25 - Predictions...

On this episode of the Business of Betting Podcast, Jason is joined by Bill Pascrell, III (BP3) at the SBC Summit in Lisbon, Portugal. Hear them discuss: 01:20 Pascrell’s Journey and Industry Insights shared 02:32 Debating the morality of gambling practices 04:09 Personal reflections and upcoming ethics debate preview 11:32 The Intersection of politics and gambling industry 15:00 Advice on how to...

On this episode of the Business of Betting Podcast, Jason returns after a summer break with his first solo "Office hours" episode, where he tackles questions surrounding regulation, prediction markets, bettor limits, the US presidential election, and the latest from within Smarkets. Hear them discuss: 01:00 - Jason’s summer break and family reflections 02:30 - Differences in French vs. American cu...

On this episode of the Business of Betting Podcast, Jason is joined by Dustin Gouker, Founder of Closing Line Consulting, and Joe Brennan Jr., Executive Chairman from Prime Sports. Hear them discuss: 01:35 - DraftKings' new winning surcharge announcement 02:45 - The states affected by the surcharge 03:20 - The stock market's reaction to the announcement 04:05 - Comparison of U.S. and international...

On this episode of the Business of Betting Podcast, Jason is joined by Jamie Hart from Conquer Technology. Hear them discuss: 1:10 - The recent UK elections and environmental concerns 2:22 - Climate change and the role of government in solving big issues 4:16 - Jamie's background in horse racing and initial experiences with betting 7:10 - Early internet betting and its evolution at William Hill 8:...

On this episode of the Business of Betting Podcast, Jason is joined by Sam Sadi from LiveScore Group. Hear them discuss: 1:52 - Sam's life after leaving Turkey, and then returning to start a sportsbook in 1998 2:36 - Understanding inflation in Turkey and historical economic comparisons 3:53 - The history of how the LiveScore Group came together 8:26 - How LiveScore Group is differentiate itself fr...

On this episode of the Business of Betting Podcast, Jason is joined by Joe "Tall" Bunevith from GLI. Hear them discuss: 01:25 - What GLI (Gaming Laboratories International) does and their global reach. 02:31 - The presidential debate and the relevance of political debates in modern media. 03:29 - Joe's take on the impact of political debates and the change in political dynamics over the years. 10:...

On this episode of the Business of Betting Podcast, Jason is joined by Jake Williams. Hear them discuss: 02:00 -Jake’s experience in fatherhood and raising daughters as Jason shares his family dynamics. 04:15 - Jason's focus on health, exercise, and therapy; benefits of a healthy lifestyle. 11:15 - Jason’s reasons for not drinking alcohol and its positive impact on his life. 14:10 - Jake's thought...

On this episode of the Business of Betting Podcast, Jason is joined by Scott Sadin from US Integrity. Hear them discuss: 01:00 - The recent conviction of former President Donald Trump, and how that will affect his current candidacy 05:27 - What it means to have 'integrity' in professional and collegiate sports, and how US Integrity is ensuring it 08:37 - How insider information can be used for nef...

On this episode of the Business of Betting Podcast, Jason is joined by Adam Bjorn from Plannatech. Hear them discuss: 01:11 - Adam's recent travels throughout the US 03:37 - Adam's past experience in the offshore betting industry, and how it's similar/different to regulated markets 06:30 - The difficulty for regulators and prosecutors to enforce action against offshore operators 11:15 - What made...

On this episode of the Business of Betting Podcast, Jason is joined by Joe Asher from IGT. Hear them discuss: 01:35 - The background of IGT, Joe's role at the company, and where sports betting fits within the IGT business 07:12 - Nevada's head start with legal mobile betting, and how its model is different from other states 10:45 - The dynamic between brick-and-mortar and online operators, and the...

On this episode of the Business of Betting Podcast, Jason is joined by Joe Dunnigan from ALT Sports Data. Hear them discuss: 01:22 - The genesis of ALT Sports Data, and the problem they set out to solve in the market 05:25 - Why alternative sports don't historically have a culture of betting despite their popularity 07:21 - The target customer persona for betting on alternative sports 09:12 - How...

On this episode of the Business of Betting Podcast, Jason is joined by Matthew Trenhaile. In a bit of a twist on the standard format, the guest is the one asking the questions to our host! Hear them discuss: 02:14 - The Smarkets origin story, and why Jason thought an exchange was needed 08:32 - How Smarkets almost became a social betting platform, and the role that social features play in the exch...

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 wha...

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 w...

On this episode of the Business of Betting Podcast, Jason is joined by Chris Grove from Acies Investments Hear them discuss: 01:43 - How Chris became so good at doing PR 03:31 - What Chris sees as his "north star" for his work in the betting and gaming industry 09:29 - Chris' thesis on why the future is "not so much gamifying sports betting as building games that are powered by sports outcomes" 15...

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 app...

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 - Antonin...

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 Od...

On this episode of the Business of Betting Podcast, Jason is joined by Will Martin from LiveDuel. Hear them discuss: 01:22 - The Irish political landscape 04:20 - Origin story of LiveDuel, and why Will felt a new exchange was needed in the market 08:15 - How LiveDuel is differentiating itself from the incumbent exchanges 09:54 - Will's opinion of what Smarkets could have done differently with its...

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 - L...

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, an...

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 li...