211 episodes

A betting podcast about the business side of the betting, wagering and investing world. Hosted by Jason Trost
Hosted on Acast. See acast.com/privacy for more information.

Business of Betting with Jason Trost Jason Trost

    • Sport
    • 4.8 • 134 Ratings

A betting podcast about the business side of the betting, wagering and investing world. Hosted by Jason Trost
Hosted on Acast. See acast.com/privacy for more information.

    E209 - Dillon Borgida from Betonu

    E209 - Dillon Borgida from Betonu

    On this episode of the Business of Betting Podcast, Jason is joined by Dillon Borgida from Betonu.
    Hear them discuss:
    01:42 - NCAA basketball talk
    03:20 - Breakdown of sportsbook VIP programs and how they work
    08:26 - The role of VIP hosts
    10:35 - Why Smarkets doesn't have a VIP program (so far)
    15:00 - Why VIP players aren't necessarily price sensitive 
    16:04 - The different tiers of VIPs, and what perks each tier can expect
    20:23 - The role of credit and offshore sportsbooks with VIP players
    23:28 - VIPs, responsible gambling, and affordability checks
    30:10 - What the next 10 years look like for VIP players in the regulated US market
    33:29 - What Dillon wants to be when he grows up

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    This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

    Hosted on Acast. See acast.com/privacy for more information.

    • 36 min
    E208 - Greg Kajewski from BettorEdge

    E208 - Greg Kajewski from BettorEdge

    On this episode of the Business of Betting Podcast, Jason is joined by Greg Kajewski from BettorEdge.
    Hear them discuss:
    01:00 - March Madness check-in
    02:30 - Jason's collegiate wrestling career
    05:38 - Introduction to BettorEdge
    09:18 - Mechanics of transactions on BettorEdge, and how they are structured to ensure compliance
    14:08 - BettorEdge's peer-to-peer betting model
    16:32 - The different ways that BettorEdge monetizes its platform
    20:21 - Attracting liquidity to the exchange
    23:45 - Greg's opinion of Smarkets' strategy in the US market
    25:34 - Marketing a betting product in a loud and crowded landscape
    26:52 - BettorEdge funding and company backgrounder
    28:49 - What Greg wants to be when he grows up

    ⚡️ Follow BoB on Twitter/X
    ⚡️ Follow Jason on Twitter/X
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    This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.


    Hosted on Acast. See acast.com/privacy for more information.

    • 30 min
    E207 - Chris Grove from Acies Investments

    E207 - Chris Grove from Acies Investments

    On this episode of the Business of Betting Podcast, Jason is joined by Chris Grove from Acies Investments 
    Hear them discuss:
    01:43 - How Chris became so good at doing PR
    03:31 - What Chris sees as his "north star" for his work in the betting and gaming industry
    09:29 - Chris' thesis on why the future is "not so much gamifying sports betting as building games that are powered by sports outcomes"
    15:33 - Where Chris sees opportunity for startups and challenger brands in a duopolistic US operator market
    21:00 - The role and relative importance of price as a differentiator for sports betting operators
    26:18 - The significance of exchanges, where they sit within the landscape, and why they're not bigger
    35:01 - A debate on whether online sportsbooks are 'technology companies' or 'gambling companies'
    43:51 - What Chris wants to be when he grows up

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    This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

    Hosted on Acast. See acast.com/privacy for more information.

    • 47 min
    E206 - James McLoughlin from Stirling Mac

    E206 - James McLoughlin from Stirling Mac

    On this episode of the Business of Betting Podcast, Jason is joined by James McLoughlin from Stirling Mac.
    Hear them discuss:
    01:53 - Are US sportsbook product companies or marketing companies?
    05:44 - The importance of price as part of the betting product experience 
    09:30 - Lean marketing tactics for operators without billion dollar marketing budgets
    12:00 - How to successfully market betting apps using app store optimization 
    15:17 - Acquiring users and customers organically 
    20:27 - James' experience working at Betfair, and why exchanges are on the retreat in sports betting
    23:05 - The popularity of political betting markets
    24:51 - Examining the current prediction markets for the 2024 US presidential election 
    29:00 - Critiquing Smarkets' marketing strategy 
    30:31 - What James wants to be when he grows up

    ⚡️ Follow BoB on Twitter/X
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    This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

    Hosted on Acast. See acast.com/privacy for more information.

    • 32 min
    E205 - Antonino De Rosa

    E205 - Antonino De Rosa

    On this episode of the Business of Betting Podcast, Jason is joined by Antonino De Rosa.
    Hear them discuss:

    01:50 - Magic the Gathering, Dungeons & Dragons, and chess
    06:06 - How Antonino found his way to the Pinnacle trading floor
    07:44 - Why the low vig sportsbook model isn't more popular
    12:09 - The reason that sportsbooks screwed up the 2020 US presidential election markets
    15:10 - Antonino's thoughts on exchanges, and why he doesn't use them
    17:57 - Running a basketball betting syndicate, and how it operates
    21:25 - The difference between PPH and an agent system
    23:54 - Building a model to create an edge
    25:00 - Betting at scale using a network of runners
    30:48 - How Antonino would like to see the betting industry evolve 
    32:46 - Stake factoring versus guaranteed minimum bet limits

    ⚡️ Follow BoB on Twitter/X
    ⚡️ Follow Jason on Twitter/X
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    This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

    Hosted on Acast. See acast.com/privacy for more information.

    • 38 min
    E204 - Matt Restivo from OddsJam

    E204 - Matt Restivo from OddsJam

    On this episode of the Business of Betting Podcast, Jason is joined by Matt Restivo from OddsJam.

    Hear them discuss:

    01:00 - Life in Boulder, CO
    02:46 - The recent ruling on the 14th Amendment in CO
    04:45 - Introduction to OddsJam
    07:07 - Overview of arbitrage and value betting
    10:48 - Preserving betting account longevity
    13:30 - 10-year vision for OddsJam
    14:52 - Sourcing pricing data to power OddsJam's tools
    17:06 - OddsJam founding story
    18:55 - Company size and traction

    ⚡️ Follow BoB on Twitter/X
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    This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

    Hosted on Acast. See acast.com/privacy for more information.

    • 20 min

Customer Reviews

4.8 out of 5
134 Ratings

134 Ratings

Time Release ,

Super interesting for the curious mind

Episode 86 might be the best podcast made. It starts as a conversation on handicapping but transcends this and goes to another level. One of many excellent pods that end up taking you places you never thought it would.

Dan the Milkshake Man ,

Quality insights

Jake just needs to shorten the length of the questions, sometimes takes ages to get the question out, keep up the brilliant work

Au79ByDesign ,

Incredible Guests

Probably the best betting pod around. Brilliant guests from all lines of wagering. Hopefully the book club pod continues.

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