Against the Rules with Michael Lewis Episode 5: The Mule
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Nov 19, 2024 
Lydia Jean Cott, a savvy producer known for her work on various podcast projects, dives into the shadowy world of sports betting as a 'mule.' She reveals the murky relationships between skilled gamblers and their mules, discussing the intricate challenges they face, from account restrictions to emotional turmoil. The podcast also touches on the psychological pressures of betting, the risks of identity theft, and the exploitative nature of the gambling industry, offering a fascinating glimpse into this high-stakes environment.
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LJ Enters the Sports Gambling Jungle
- Michael Lewis tasked his producer, Lydia Jean Cott, with exploring online sports betting apps.
- LJC, having little interest in sports or gambling, found the experience overwhelming and was bombarded with promotional offers.
LJ Becomes a Mule
- Rufus Peabody, a skilled gambler limited by betting apps, recruits LJ as a "mule" to place bets for him.
- Michael Lewis invests, while LJ risks her future betting reputation for potential profit.
Priming the Account
- Rufus and LJ navigate the FanDuel app, placing a $2,225 bet on golfer Adam Scott.
- This "primes" the account, intentionally losing small bets to gain trust for larger future bets.