Foundations of Building a Competitive Sportsbook

Rob Pizzola is joined by the Director of Trading at Amelco, Mark Hill to discuss the behind-the-scenes of sportsbook operations, the inner workings of the regulated market, the future of the sports betting industry, and much more in what is bound to go down as a classic Circles Off episode.

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SHOW INDEX

0:00 - Circles Off Ep. 191 with Mark Hill

3:49 - Introductions to the betting industry

8:49 - Upbringing with StarLizard

19:06 - Shifting from the betting side to the operation side

25:30 - Becoming a North American sports fan in Europe

27:28 - Differences in B2B AND B2C operations

30:59 - What is Amelco?

34:40 - How much control do sportsbooks have of themselves?

39:19 - What does it take to start a sportsbook from scratch?

43:18 - How much control does Amelco have in sportsbooks?

46:46 - Running a sportsbook in North America vs. Europe

48:43 - Common misconceptions of the behind-the-scenes

50:42 - Regulatory hurdles and their impact on sportsbooks

55:13 - Monopolies taking over the sports betting industry

58:35 - Where regulations cause problems

1:04:40 - The balance between limits and risk management

1:13:18 - The competition between sportsbooks

1:22:58 - Edge Boost

1:24:13 - Where is the sports industry headed?

1:26:20 - Can anyone compete with Draftkings and FanDuel?

1:34:10 - The best way to start a new sportsbook from scratch

1:40:10 - The place of the sweepstakes model in the market

1:44:11 - The future of sportsbook technology

1:50:02 - Betstamp Pro Live Betting

1:50:48 - Can AI replace human traders?

1:55:00 - One tech advancement that could change the industry

1:58:58 - The impact of March Madness on a trading team

2:05:15 - Misconceptions in the space told by a trader

2:08:44 - +EV

2:15:18 - -EV

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