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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