The Risk Takers Podcast

This could be consider our first full Prediction Market focused guest. CSP Trading was an early MM on prediction markets before we had even heard of them. He walks us through the history of PMs through his experience trading on them and growing with the space to where they are now.0:00 Getting Started in PMs13:24 Early Prediction Market War Stories37:45 Insider Trading in PMs45:00 Getting Into Sports56:30 Market Making Strategies1:33:00 Q&AWelcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.My website: https://www.goldenpants.com/ Follow SportsProjections on Twitter: https://x.com/Sports__ProjWant to work with my betting group?: john@goldenpants.comWant 100s of +EV picks a day?: https://www.goldenpants.com/gp-picks

Dive into the debate of manual versus automated betting, with insights on how hands-on strategies can outshine tech. Discover the secrets of the old Pick6 strategies, from lineup construction to unique position plays. The hosts explore breaking news, including Kalshi’s litigation and Robinhood's exchange launch, along with the implications for prediction markets. Plus, catch a fascinating Q&A covering topics like betting psychology, liquidity signals, and inefficiencies in sports markets. It's an engaging mix of betting wisdom and market analysis!

Pads, a professional sports bettor and co-founder of BookieBeats, shares his journey from poker to live betting after PASPA. He reveals the intricacies of finding valuable edges in live sports and the benefits of joining betting communities like Discord. Pads discusses his strategy shifts from arbitrage to directional bets and highlights common weaknesses in live betting models. He emphasizes the importance of speed and advanced knowledge of the game. Finally, he explores the future of prediction markets and his experiences going public in the betting community.

Discover the fascinating world of sports betting and the lessons learned from posting liquidity on exchanges. There’s surprising insight into the small bet sizes revealing the broad bettor population and how large fills signal sharp bettors. The hosts discuss the competitive landscape as DraftKings and FanDuel enter prediction markets, emphasizing the importance of proprietary projections. Don't miss their take on behavioral trends, market hits, and the potential rise of slot-like crypto markets!

Richard Munchkin, a veteran advantage player with over 50 years of casino experience, shares thrilling tales from his gambling career. He discusses the lost art of embracing risk and reveals hilarious stories about disguises used in the casino world. Richard dives into his global adventures as an advantage player, contrasting safe and risky markets. He emphasizes the importance of discreetly extracting winnings and explains his transition into sports betting, highlighting the need for thorough scouting. His storytelling is captivating, making every moment a gem!

Gamblers often underbet in crucial moments due to psychological barriers. The hosts discuss the impact of emotional pain on sizing up bets and how to strategically take large swings for potential big wins. They emphasize the need to identify one-off opportunities versus ongoing markets while addressing the parallels between dating sites and betting markets. Recent scandals and regulatory pressures in betting are also covered, alongside the benefits of low fees on platforms like Polymarket that could reshape market dynamics.

Today we are joined by Isaac (https://x.com/Ias0801) to talk about his path to pro betting right out of college. He shares stories about how he cracked the madden sim betting market during covid, texted correlated parlays to his bookie (that got accepted) and his work now in the MLB and CBB. Enjoy!0:00 Intro/ Early Advantage Play8:00 Finding a Holy Grail Spot to Start Sports Betting21:45 How to Start Betting your Own Numbers38:20 Specializing in MLB & CBB57:00 Decision to Go Pro (telling your parents)1:05:30 Networking is Like Betting1:12:45 Future Plans & Prediction Markets1:21:00 Q&A and Final ThoughtsWelcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.My website: https://www.goldenpants.com/ Follow SportsProjections on Twitter: https://x.com/Sports__ProjWant to work with my betting group?: john@goldenpants.comWant 100s of +EV picks a day?: https://www.goldenpants.com/gp-picks

We had so many good questions we had to pivot from our main topic to do a multi-part Q&A/News episode. The first part of the podcast is questions that involve strategy around winning (and not getting crushed) on exchanges. Then news with the Kalshi outage and some other noteworthy items. And finally a mixed bag of questions at the end.0:00 Intro2:00 Prediction Market Power Hour56:20 News1:27:20 Mega Q&AWelcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.My website: https://www.goldenpants.com/ Follow SportsProjections on Twitter: https://x.com/Sports__ProjWant to work with my betting group?: john@goldenpants.comWant 100s of +EV picks a day?: https://www.goldenpants.com/gp-picks

You heard about him in Shippers episode. The person who leveraged a friendly VIP host and square looking action into a $400k win at PointsBet - a notoriously tight-fisted book.This week we welcome on the man, the myth, the legend Maple (https://x.com/maple420069) onto the podcast to talk about soft-book war stories and his evolution onto exchanges. Can't miss episode!0:00 Intro1:45 Intro to Advantage Play11:20 SGPs Before They Were Cool20:50 The PointsBet Story42:10 $2M MMA SGP Bad Beat58:58 Shift to Exchanges1:33:00 News, Questions & Hot TakesWelcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.My website: https://www.goldenpants.com/ Follow SportsProjections on Twitter: https://x.com/Sports__ProjWant to work with my betting group?: john@goldenpants.comWant 100s of +EV picks a day?: https://www.goldenpants.com/gp-picks

Dive into the world of failed betting projects, where insightful lessons abound. Discover the complexities behind building college football and NASCAR models amid biases and market assumptions. Learn about Kalshi's new parlay product and its implications for prediction markets. The hosts discuss regulatory challenges in the betting landscape and how competition can outshine restrictive rules. Plus, listener questions tackle success metrics in golf models and automation in trading.