Navigating Challenges in Sports Betting

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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Circles Off podcast is an entertainment podcast. The opinions expressed in the podcast are for the purpose of discussion in the area of sports betting, online gaming and other like markets. Circles Off podcast does not condone unlawful or illegal activity, and if you are unsure of the laws in your jurisdiction surrounding these markets, please seek the appropriate legal advice about strategies that you intend to implement. Please gamble responsibly.

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