Avsnitt
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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 nefarious purposes
10:32 - The role that sports properties play in ensuring integrity of their events and stakeholders
13:32 - How US Integrity responds to alerts of anomalies or irregularities
17:37 - Public perception of betting-related scandals, the role that media plays in it, and conflating 'outrage' with 'surprise'
23:55 - Scott's perspective and experience as a "picks and shovels" business within the regulated betting industry
25:54 - The consolidation of B2B companies within the industry, including US Integrity's recent merger with Odds On Compliance
27:15 - Additional verticals that US Integrity is considering expanding its business into
30:48 - The business risk associated with being a B2B provider during a time of consolidation and declining customers
32:27 - How Scott is feeling as an impending first-time parent
36:50 - What Scott wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 Adam want to push for moving the unregulated to the regulated
14:03 - The jurisdictions that Adam sees as having the most favorable operating models
17:16 - Whether Adam sees himself as a professional bettor first or sportsbook operator first
19:16 - The relationship between Plannatech and Prime Sports
20:19 - What changes and innovations Adam is trying to bring to the industry
23:29 - Adam's take on the role that exchanges play, and what the future of them looks like
28:14 - Whether the low margin model can work in the regulated US market
30:33 - What Adam wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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Saknas det avsnitt?
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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 threat of cannibalization
14:36 - The state of horse racing, and whether track owners should benefit from legislative protections
18:20 - The role of government subsidies in regulated gaming, and in private industry more broadly
20:11 - Morality and ethics for operators of real-money gaming products
25:14 - Joe's appointment by President Biden to Chair of the Wilson Center
31:00 - Remaining non-partisan when debating policy matters
34:10 - What Joe wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 alternative sports are segmented, and which are the most popular ones
13:15 - Why ALT Sports Data is securing official data rights instead of aggregating data themselves
16:25 - Why they are building an owned B2C media platform in addition to provisioning odds on a B2B basis
17:29 - Funding background and team composition of ALT Sports Data
19:36 - The future of the relationship between data rights holders and sportsbook operators, and the sustainability of the existing model
23:47 - The appeal of live sports content with younger generations and demographics
26:07 - Being an entrepreneur in the later career stage, and the benefits that brings
29:15 - Focusing on a niche versus being everything to everybody
31:08 - What Joe wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 exchange experience
13:03 - The Betafir API, developer ecosystems, and why Smarkets currently operates as a "closed garden" platform
21:44 - The backstory of how Smarkets came to be its own market maker, and the challenges that came with that
29:22 - Whether the value proposition of exchanges will ever become broadly appealing to recreational bettors
37:31 - The allure of pivoting to B2B for exchanges and syndicates
47:18 - The challenges of offering political betting markets
52:23 - Trading on Betfair in the early days
60:58 - What Matthew wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 look like for VIP players in the regulated US market
33:29 - What Dillon wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 and crowded landscape
26:52 - BettorEdge funding and company backgrounder
28:49 - What Greg wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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"
15:33 - Where Chris sees opportunity for startups and challenger brands in a duopolistic US operator market
21:00 - The role and relative importance of price as a differentiator for sports betting operators
26:18 - The significance of exchanges, where they sit within the landscape, and why they're not bigger
35:01 - A debate on whether online sportsbooks are 'technology companies' or 'gambling companies'
43:51 - What Chris wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 betting
23:05 - The popularity of political betting markets
24:51 - Examining the current prediction markets for the 2024 US presidential election
29:00 - Critiquing Smarkets' marketing strategy
30:31 - What James wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 model to create an edge
25:00 - Betting at scale using a network of runners
30:48 - How Antonino would like to see the betting industry evolve
32:46 - Stake factoring versus guaranteed minimum bet limits
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 exchange
13:02 - How LiveDuel is utilizing blockchain technology, and why it is the right technology for sports betting
18:19 - The mechanics of DAO's and how that governance model can be applied to exchanges
21:02 - Benefits of blockchain technology for transaction processing
23:19 - How blockchain helps with liquidity provisioning through automated market making
27:19 - Using oracles to resolve markets through consensus
31:49 - Challenges of fundraising to build an exchange business
35:37 - Regulatory licensing strategy for LiveDuel
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 the US market
25:56 - Manu's view on the state of the industry in the US
29:06 - Enforcement (or lack thereof) of offshore operators serving the US market
33:07 - What Manu wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 Paul wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 viable in the US market
30:46 - why they think the current market leaders in US sports betting will change in the next 10 years
34:25 - what Joe would have done differently for Smarkets' US entry strategy
40:22 - what Joe wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 Election on betting exchanges, and thoughts on the upcoming 2024 election
25:03 - David's thoughts on Smarkets
26:44 - DL Trading's B2B ambitions
29:59 - What David wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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On this episode of the Business of Betting Podcast, Jason is joined by Brad Allen from Eilers & Krejcik.
Hear them discuss:
01:34 - The origin of Brad’s weekly podcast, Zero Latency
03:05 - Brad takes control of the host chair and asks Jason questions
03:48 - Smarkets’ initial plans to enter the US market, and how that’s changed over time
06:46 - How Smarkets is localizing its core product to the US market
09:27 - Smarkets’ future prospects and opportunities in the US
11:31 - The allure of high margin products like same-game parlays
13:30 - Why Smarkets decided to build its own geolocation solution internally
17:17 - The B2B opportunity for Smarkets to commercialize its geolocation solution
18:58 - Brad’s view of the industry, and which operator he thinks could be a “game changer”
21:27 - Where ESPN Bet fits into the landscape since its launch
25:04 - Why Brad thinks that Rush Street Interactive is a good acquisition candidate
25:54 - What Brad wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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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 liquidity providers to sports betting exchanges
20:05 - Sports betting as a zero sum game
24:14 - Price sensitivity of different customer segments
25:50 - Novig's recent launch in Colorado
29:42 - The Novig business model
31:09 - Why the Novig exchange had to launch as a fixed odds sportsbook
32:47 - What Jacob wants to be when he grows up
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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.
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On this episode of the Business of Betting Podcast, Jason is joined by Paris Smith, the former CEO of Pinnacle.
Hear them discuss:
00:47 - Thoughts on the US
02:45 - When Paris beat Jason in a poker tournament
06:42 - The low margin sportsbook model
10:37 - Her tenure at Pinnacle
13:53 - Comparing Pinnacle to bet365
16:31 - Her take on the exchange model
20:40 - Departing Pinnacle after 17 years as CEO
23:07 - The importance of getting peer support
26:14 - Life living in the Caribbean
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On this episode of the Business of Betting Podcast, Jason is joined by Jesse Learmonth, host of The Betting Startups Podcast.
Jesse has interviewed almost 100 industry startup founders, and has a unique lens on the industry's early-stage ecosystem. He has been in the industry for 14 years as a founder, an executive at Pinnacle Sports, and advisor to several industry startups.
Timecodes:
00:54 - Launching The Betting Startups Podcast
04:01 - Choosing a podcast format
06:42 - Authenticity in interview-based podcasts
09:31 - Areas of pushback on startup founders
13:45 - Competing on price in sports betting
19:41 - Why the low-margin model isn't more mainstream
24:27 - Why BoB hasn't had a new episode in 3 months
25:27 - Partnership announcement between BoB and The Betting Startups Podcast
27:56 - Future plans for BoB and call for guests
30:29 - Jason and Jesse's boring video backgrounds
Follow us on: https://twitter.com/bettingpod / @businessofbetting
Get in touch: https://twitter.com/jasontrost
#business #betting #podcast #businessofbetting #smarkets #exchange #sportsbook
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- Visa fler
