The Risk Takers Podcast

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.

In this fascinating discussion, Ant DeRosa, a former sportsbook trader turned successful bettor, shares his journey from professional Magic: The Gathering playing to mastering live betting. He explores the intricacies of market manipulation, line movement, and the unique advantages of live betting. Ant offers insights on building a multi-sport betting syndicate and the ethical dilemmas of angle shooting in betting. He also emphasizes the importance of adaptability and building trust with partners in the competitive betting landscape.

Explore the fascinating intersection of data-driven and vibes-based betting strategies. Discover why maximizing account value is deemed a superpower and how both specialists and generalists can thrive. Delve into the advantages of simpler models, and why sometimes, complex algorithms aren't necessary. Plus, insights on the latest in sports betting news, including PrizePicks' growth and market-making dynamics with Kalshi. Round off with practical advice on banking methods and navigating tilt in your betting journey.

Join The Shipper, a professional bettor and former PointsBet trader, as he shares his insider experiences on account longevity and priming strategies. He advocates for a poker-style bluffing technique in betting, highlights the competitive edge of team collaborations, and offers insights into building your own betting models. The Shipper also humorously critiques today's betting landscape and reveals the art of Twitter trolling with silent retweets. With stories of market exploits and the future of sports betting, his expertise is both enlightening and entertaining.