Business of Betting with Jason Trost


E181 - David Purdum from ESPN

Season 1, Ep. 181

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 ESPN

06:24 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 limits

20:15 The bookmaker perspective: limiting winners, transaction fees, getting in the industry, market entry and new players: Sporttrade, prophets, Fanatics

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E182 - Lloyd Danzig from Sharp Alpha Advisors

Season 1, Ep. 182
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: Get in touch: