On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Adam Chernoff, sports betting analyst and founder of adamchernoff.com, for a wide-ranging conversation on betting markets, media, content, and where value still exists in an increasingly efficient ecosystem.
Hear them discuss:
00:00 – Adam’s unconventional career path across betting, media, casino operations, and content creation, and why labels don’t fully capture his role in the industry
05:00 – How betting markets have evolved over the past decade, why edges are harder to find, and what that means for modern bettors
09:30 – The growing influence of narrative, media personalities, and public perception on betting lines and market movement
14:00 – Why information is no longer the advantage it once was, and how execution and discipline now matter more than raw insight
18:30 – Content vs. betting: how Adam thinks about building trust with an audience without selling false certainty or hype
22:30 – The role of technology, data, and automation in betting, and where human judgment still outperforms models
26:00 – Why most bettors misunderstand bankroll management, risk tolerance, and long-term sustainability
30:00 – Adam’s perspective on prediction markets, pricing efficiency, and whether they truly threaten traditional sportsbooks
34:00 – Media incentives, engagement-driven content, and the tension between education and entertainment
38:00 – What Adam would focus on today if he were starting over in the betting industry
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