Business of Betting with Jason Trost

Justin is joined by Justin Dellario, CEO of eSports betting company, unikrn, on the latest edition of the Business of Betting Podcast. Justin explains what unikrn is, how the world of eSports works and what sports betting has to do with eSports.

Jason is joined by Varun Sudhakar, CEO & Founder of BetDEX in the latest episode of the Business of betting Pod. Varun shares his story, the inner workings of BetDEX, and his ambitions for the future of the company.

Jason is joined by Alex Kane, CEO and Founder of Sporttrade Inc. in the latest episode of the Business of betting Pod. Alex shares his startup story, as well as his views on the growth of the American sportsbook industry, and his vision for the future of the industry and exchanges.04:01 Sporttrade: The humble beginnings06:25 Alex’s Startup and Investment Round journey08:18 Techstars to launch12:31 Building the Sporttrade matching engine16:00 Pre & Post trade challenges19:33 Sporttrade vs the competition24:09 The role of market makers27:00 The Sporttrade business model29:56 Competitors and the customer acquisition challenge32:22 Sporttrade vs Prophet33:49 Why choose Sporttrade?42:28 The end of price time?Follow us on: https://twitter.com/bettingpodhttps://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcAGet in touch:https://twitter.com/jasontrost

In this episode of the Business of betting Pod, Jason is joined by Lloyd Danzig, Managing Partner at Sharp Alpha Advisors. In this episode Lloyd shares his views on the future of the sports betting and competitive gaming industry, the adaptation of the exchange model in the US, and his hopes for a next gen ‘smart’ world. 02:40 The many hats of Lloyd Danzig: Venture Capitalist investing in the next generation of sports betting and real money gaming platforms. 04:55 The rise of ‘Competitive Entertainment’: The future of winning or outcome based betting products. 08:16 Picks ‘n’ Shovels vs Operator approach: B2B businesses vs B2C operators. 10:53 Evolution of the Exchanges in the US: The maturing of the sports betting market in the US – Limit Book Orders vs Fixed Odds model & high volume, lower margin bets vs high odds parlays. 15:18 Market Cap for Exchanges in the US: Can the US market expect to match or better the UK’s Exchange market share of 10-15%? 21:45 Will sportsbook operators evolve into Exchanges?: Could the compression of margins from competitors force sportsbooks to adopt the exchange model? Could a sportsbook add a matching engine under the hood? 31:09 Sportsbook wagering limits: The ethical argument on limiting winners. 34:01 The future of the industry: Smart betting through personalised betting recommendations. Follow us on:https://twitter.com/bettingpodhttps://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcA Get in touch:https://twitter.com/jasontrost

In this episode of the Business of betting Pod, Jason is joined by David Purdum, Gambling reporter for ESPN. In this episode, Purdum who’s been writing on the industry since 2008 goes back on his career, and shares his opinion with Jason on legalization, Sportsbooks in the US and other aspects of the industry.  01:30 How did he get in the Industry: Starting in Atlanta, writing stories about the business, landing at ESPN06:24 The road towards the federal legislation: The PASPA journey from 2008, David’s opinionThe wire act and federalisation of Sports betting, the barrier to entry 11:50 The evolution of Sports betting in the US: Media companies, Leagues's position, the new betting habits with younger generations, prop bets, Fantasy sports 17:46 The future of betting: Bringing the exchange model in the US, Ethic and limits20:15 The bookmaker perspective: limiting winners, transaction fees, getting in the industry, market entry and new players: Sporttrade, prophets, FanaticsFollow us on:https://twitter.com/bettingpodhttps://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcA Get in touch:https://twitter.com/jasontrost