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Made in America - Part II
Risk of Ruin
The Challenge Is Always Going to Be the Challenge
When Spanky worked at Deutsche Bank, he was working on code to make it easier for firms like Renaissance Technology to trade. But compared to Wall Street, the sports betting industry is 'ass backwards' There are a series of valves that control how much liquidity enters the sports market. Everyone has their own idea as to what the Goldilocks amount of wagering should be.
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