Business of Betting Podcast

Dan Shan, an expert in betting line creation, discusses his journey from childhood bets at dog tracks to professional forensic valuation. He emphasizes the importance of manual adjustments based on qualitative factors, arguing that reliance on models can be limiting. The conversation delves into market efficiency, revealing how historical data shapes strategies. Shan also critiques closing line value as a success metric, highlighting the impact of bettor segments on line movements. His insights advocate for adaptive strategies in the ever-evolving landscape of sports betting.

Episode 146 - Harry Crane Harry is a statistics professor who shares his thoughts on gambling games, hidden risks, naive probabilism and other related topics. http://www.harrycrane.com/ Hosted on Acast. See acast.com/privacy for more information.

Episode 145 - Richard Schuetz Richard is a gaming executive, consultant and academic with almost 50 years in the gaming industry. We discuss his journey and he shares advice for those considering entering the field. Hosted on Acast. See acast.com/privacy for more information.

Episode 144 - Pat Cummings Pat returns to the podcast to talk about the state of wagering on racing in the US and the recent report by the Thoroughbred Idea Foundation, titled, Racing Not Only For (the) Elite. Special Report - https://racingthinktank.com/reports/tif-special-report-racing-not-only-elite Hosted on Acast. See acast.com/privacy for more information.

Episode 143 - Tom Waterhouse Tom is well known as betting operator CEO but also with his tipping service, investment fund and global bookmaking insight. We discuss the future of those areas and what makes a betting brand like his so unique.  Find his app here: https://apps.apple.com/au/app/tom-waterhouse-betting-tips/id1452011133 Hosted on Acast. See acast.com/privacy for more information.

Episode 142 - Dan Rubin Dan is the CEO and Co-Founder of Cleat Street (https://www.cleat-street.com). We talk about Dan's journey through finance, analytics and into betting. Hosted on Acast. See acast.com/privacy for more information.

Episode 141 - Jason Beem Jason is a race caller and racing fan. We talk about the art of calling a race, the involvement betting has with his work and how he sees the gambling side of horse racing. Find the Jason Beem Horse Racing Podcast here https://podcasts.apple.com/us/podcast/the-jason-beem-horse-racing-podcast/id1074535105 and follow @BeemieAwards on twitter. Hosted on Acast. See acast.com/privacy for more information.

Episode 140 - Peter Jennings Peter joins the podcast to discuss his enormously successful DFS days, his observations on the US betting and gaming market, how he built Fantasy Labs and what he picked up along the way. Hosted on Acast. See acast.com/privacy for more information.

Episode 139 - Alan Aitken Alan is a racing and betting journalist and form analyst who has decades of experience in Australia and Hong Kong. https://www.hkwinningfactor.com/ Hosted on Acast. See acast.com/privacy for more information.

Episode 138 - Mark Alati Mark joins the podcast to talk about his efforts with the Bookmakers Co-Op, transition from retail to retail & online and a focus on responsible gambling. Hosted on Acast. See acast.com/privacy for more information.