11min chapter

Against the Rules with Michael Lewis cover image

Episode 7: Little Big Short

Against the Rules with Michael Lewis

CHAPTER

Betting Against the Odds

This chapter explores the experiences of a prominent short seller who has made a name by betting against gambling companies. It examines the transition from traditional casino betting to the innovative strategies of online sportsbooks like DraftKings and FanDuel, emphasizing the impact of data collection and marketing in shaping the industry. The discussion highlights the competitive dynamics of the sports gambling market and the struggles faced by new entrants trying to gain a foothold.

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