

Business of Betting Podcast
Business of Betting Podcast
A podcast covering the sports betting industry from the perspective of bettors, operators, and industry insiders. Hosted by Jeff Edelstein, Senior Analyst at InGame.com. Presented by Optimove.
Episodes
Mentioned books

Jan 31, 2025 • 28min
E237 - Mark Phillip from MetaBet
On this episode of the Business of Betting Podcast, Jason is joined by Mark Phillip, CEO and founder of MetaBet and Are You Watching This?!
Hear them discuss:
01:03 - Mark’s take on life in Austin, Texas—Is it worth the hype?
06:30 - The changing landscape of sports media and viewership habits
08:20 - Will younger generations maintain the same level of passion for sports?
09:56 - How sports leagues are adapting to shorter attention spans
14:00 - Why finding where to watch your favorite sports is becoming increasingly difficult
16:15 - The need for better curation in sports broadcasting
19:09 - The challenge of making sports betting odds more user-friendly
21:23 - How sportsbooks can become more engaging for casual fans
24:30 - The opportunity for sportsbooks to differentiate with a fan-centric approach
25:00 - How MetaBet is making sports betting more accessible and engaging
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
---
This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.

Jan 24, 2025 • 46min
E236 - Captain Jack Andrews from Unabated
On this episode of the Business of Betting Podcast, Jason is joined by Captain Jack Andrews, Co-Founder of Unabated.
Hear them discuss:
02:20 - How Captain Jack's first trip to Las Vegas ignited his passion for gambling
06:10 - His advocacy for fairness in sports betting inspired by personal experiences with limitations
07:40 - Why he believes sports betting offers more edges than card counting
11:20 - Reflections on missed opportunities to influence early sports betting legislation
15:20 - How politics delayed New Jersey's sports betting legalization in 1994
19:10 - The importance of transparency regarding the house edge in sports betting
23:10 - Whether sports betting is a game of skill or chance
27:40 - The role of greed in the sustainability of the sports betting industry
29:10 - Captain Jack’s work with Unabated
35:40 - His experience in being on Masterclass
43:10 - Thoughts about exchanges becoming the future infrastructure of sports betting
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
---
This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.

Jan 17, 2025 • 37min
E235 - Steven Salz from Rivalry
On this episode of the Business of Betting Podcast, Jason is joined by Steven Salz, Co-Founder and CEO of Rivalry, a Canadian company focused on serving a new generation of bettors with a mix of eSports, traditional sports, and gaming products.
Hear them discuss:
01:53 - Steven’s view on Canada’s current state, including challenges in healthcare and housing
02:10 - The cost of living in Canada and its impact on citizens
10:49 - Why Rivalry avoided an RTO and opted for a direct listing
20:05 - The struggles of managing a public company on quarterly reporting cycles
26:40 - Rivalry’s transformation to prioritize profitability and player KPIs
30:30 - The benefits of using crypto as a payment processor in the gambling industry
33:40 - How blockchain analysis tools help Rivalry ensure compliance with crypto transactions
34:40 - Why fiat regulations make payment processing more frustrating than crypto
28:40 - Rivalry's innovative approach to catering to a younger, internet-native demographic
30:47 - The challenges and lessons of building Rivalry's tech from scratch
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
---
This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.

Jan 10, 2025 • 20min
E234 - Office Hours with Jason
On this episode of the Business of Betting Podcast, Jason hosts an office hours session to kick off 2025.
Hear him discuss:
03:40 - DraftKings’ latest attempt to monetize through subscription fees and his perspective on the move
05:30 - Bet365’s impressive revenue growth and its controversial market practices
08:50 - Reflections on the U.S. election results and expectations for Trump’s new administration
14:30 - Jason's New Year’s resolutions, including healthier habits and reduced screen time
16:30 - Predictions for the sports betting industry in 2025
Tune in to hear Jason’s candid insights and plans for the year ahead!
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
---
This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.

Dec 20, 2024 • 32min
E233 - Adam Krejcik from Eilers & Krejcik Gaming, LLC
On this episode of the Business of Betting Podcast, Jason is joined by Adam Krejcik, co-founder and partner at Eilers & Krejcik Gaming.
Hear them discuss:
00:50 - How Adam's company name creates lasting impressions
03:20 - The services Eilers & Krejcik Gaming provides and their value to stakeholders
07:16 - Adam’s background and his path into the gaming industry
08:50 - The evolving culture of gaming and sports betting in California
12:10 - Challenges and opportunities in regulating gaming in California
15:00 - The proposition system in California and why sports betting legalization efforts have failed
19:10 - A comparison of regulatory environments in California and Texas
21:50 - The rise of sweepstakes gaming and its implications for the industry
24:20 - Advice for entrepreneurs aiming to enter the U.S. sports betting market
26:50 - The potential for disruption in the U.S. sports betting landscape
29:00 - Adam’s reflections on the current market leaders and their growth trajectory
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
---
This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.

Dec 13, 2024 • 1h
E232 - Nigel Eccles from BetHog
On this episode of the Business of Betting Podcast, Jason is joined by Nigel Eccles, founder of BetHog and co-founder of FanDuel.
Hear them discuss:
3:11 - Why the UK startup scene struggles to compete with the US.
8:23 - Founding FanDuel and the challenges of building a billion-dollar company.
14:27 - Why Nigel stayed in the US and the entrepreneurial energy it offers.
21:00 - Raising massive funding rounds at FanDuel and what it taught him.
38:50 - The FanDuel sale to Flutter and why it wasn’t a win for everyone involved.
42:00 - Nigel’s journey after FanDuel, including launching various ventures before BetHog.
47:20 - Reflections on working with a spouse and how it shaped FanDuel's growth.
53:15 - Why BetHog is Nigel’s next big bet and how it’s making sports betting more social.
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
---
This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.

Dec 6, 2024 • 36min
E231 - Jeff Ifrah from Ifrah Law
On this episode of the Business of Betting Podcast, Jason is joined by Jeff Ifrah, Founding & Managing Partner at Ifrah Law.
Hear them discuss:
01:30 - Jeff’s reaction to U.S. midterm results and their impact on sports betting.
02:13 - Insights into New Jersey legislation and the issue of "skins."
04:00 - Balancing political realities with free-market ideals in regulation.
07:00 - Legal takes on sweepstakes models and their viability.
09:20 - Why regulators are slow to act on sweepstakes issues.
15:18 - Challenges for small operators in markets dominated by giants.
18:40 - Comparing the U.K. gaming model to the U.S. system.
21:00 - Polymarket and Kalshi: Contrasting legal paths for event markets.
30:20 - The current state of using cryptocurrency in U.S. sports betting.
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
---
This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.

Nov 29, 2024 • 33min
E230 - Rob Davies from PowerPlay
On this episode of the Business of Betting Podcast, Jason is joined by Rob Davies, COO of PowerPlay.
Hear them discuss:
01:00 - Rob’s unique background in philosophy and his PhD on religious toleration
02:15 - Why Rob will always be a Bolton Wanderers fan, no matter what!
03:00 - The importance of accepting fallibility in business and decision-making
06:10 - How Rob transitioned from academia to the betting industry through William Hill
08:40 - Rob and Jason laugh about always being surprised by the “butler” in mystery plots
10:00 - How Rob’s perspective on the morality of gambling has changed over time
13:47 - What is “palpable error,” and how PowerPlay handles it transparently
15:22 - Jason tests Rob’s philosophy background with a counter-case on bet repricing ethics
20:47 - Why not build PowerPlay on top of an exchange model? Rob shares his insights
24:20 - Rob’s advice for startups: the importance of customer service and query resolution
28:10 - The rise of offshore and crypto casinos and their impact on regulated operators
32:18 - Rob’s reflections on his career and aspirations for the future
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
---
This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.

Nov 22, 2024 • 44min
E229 - David Hill
On this episode of the Business of Betting Podcast, Jason is joined by writer, David Hill to discuss his Rolling Stone feature - "Is the $11 Billion Online Sportsbook Bubble About to Burst?"
Hear them discuss:
00:51 - David's transition from a union organizer to becoming a writer and how it shaped his immersive storytelling approach.
07:30 - David's upbringing in Hot Springs, Arkansas, a historic gambling hub, and its influence on his interest in gambling.
09:00 - The morality of gambling, societal parallels with alcohol, and reflections on how gambling's perception has evolved.
12:15 - The intertwining history of gambling and sports, including how gambling shaped early sports in America.
15:10 - The industry's current technological challenges, perceived stagnation, and its pricing inefficiencies.
20:30 - The debate around sports betting’s sustainability, public perception, and parallels with other industries.
30:20 - The societal costs of gambling addiction and the industry's responsibility in addressing problem gambling.
37:40 - Broader societal issues, including the impact of social media, and Jason's reflections on the parallels with sports betting.
41:10 - What’s next for David Hill after this in-depth exploration of the gambling industry.
Read David's Rolling Stone feature here - Is the $11 Billion Online Sportsbook Bubble About to Burst?
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
---
This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.

Nov 15, 2024 • 30min
E228 - Jeff Benson from Circa Sports
On this episode of the Business of Betting Podcast, Jason is joined by Jeff Benson, Director of Operations at Circa Sports.
Hear them discuss:
02:10 - How Jeff got started in the sports betting industry
03:30 - What brought Jeff to Circa Sports and his early impressions of the company
06:40 - The growth strategy for Circa Sports and its approach to expansion
08:05 - The unique aspects of Circa’s sportsbook operation model
10:50 - How Circa approaches customer service and client relations
12:35 - Circa’s philosophy on offering high betting limits and customer-friendly policies
15:10 - The challenges of balancing profitability with bettor-friendly practices
17:50 - Circa’s stance on responsible gambling and its approach to player protections
21:00 - The impact of sports betting legislation on Circa’s business
24:15 - Jeff’s perspective on the future of the sports betting industry and exchanges
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
---
This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.
Hosted on Acast. See acast.com/privacy for more information.


