Episode 118

The DraftKings Ripple Effect: "If they see profitability from the style of of charging the player a higher commission, it'll just roll over, into other states, especially because people really don't realize that these books aren't just printing money."
— Andrew Pace [00:09:29 → 00:09:44]

DraftKings Enters Political Arena: "DraftKings filed with the Federal Election Commission, to create a corporate political action committee known as a PAC, or or people might know them as super PACs in some cases for for really, really big ones."
— Shane Mercer [00:04:36 → 00:04:49]

DraftKings Reacts to Illinois Tax Hike: “We have established this pack to support state and federal candidates and organizations who have shown an interest in issues affecting our business. DraftKings' ultimate goal is to build the best, most trusted, and most customer centric destination for our players. The recent tax increase in Illinois makes it harder to provide the best service to our players while it simultaneously incentivizes more players to wager in the unregulated illegal market."
— Shane Mercer [00:05:13 → 00:05:42]

The Reality of Regulation in Sports Betting: "I think when regulation happened, I think a lot of us were hopeful that it would be, something that would be a real benefit to the player in terms of being able to get wagers and discrepancies that are maybe voided or not paid, adjudicated in a more player friendly way. And I think we've seen the opposite actually happen. I've had probably more wagers voided and settled unfavorably toward me by regulated books and backed by regulators than I have on unregulated reputable books, I would say."
— John Wilson [00:06:37 → 00:07:03]

Illinois Tax Impact on Business: "It's hard to run a business, and it's bad for the player. And eventually, it trickles down when those taxes go up."
— John Wilson [00:07:24 → 00:07:29]

Players Getting Left Behind: "The player, you could argue, is being further and further left behind."
— Andrew Pace [00:09:47 → 00:11:18]

Who's Really Behind Betting Laws? "Sportsbooks are the ones that are driving the legislation. They're influencing the legislation."
— Shane Mercer [00:11:52 → 00:11:56]

Sportsbook Disputes and ECOGRA: "They never gave me a reason as to why the money was stolen, and all of a sudden my account was shut down and the money was was gone."
— Andrew Pace [00:13:23 → 00:13:30]

Conflict of Interest in the Betting Industry: "Well, the conflict of interest is everywhere in this industry when it comes to this stuff."
— Andrew Pace [00:15:06 → 00:15:11]

Why Help Others Beat The Books?: "I felt like I was at war. I still do to this day. That sounds dramatic. It is a little intense."
— Andrew Pace [00:16:37 → 00:16:43]

Drake’s Gambling Revelations: "He posted a message on Instagram, showing his, his gambling, losses with stake and everybody you know, anybody who follows Drake at all or knows anything about his his sports betting knows that he, always bets at stake. He's got, like, a a a deal with them."
— Shane Mercer [00:17:40 → 00:17:51]

Drake and the "Sports Betting Curse": “I am a flawed sports bettor. I will not deny that. That's not my gift. I'll let everybody roll with it. I'm sure if you're a Drake curse believer, there will be plenty more content in the future to confirm your theories because my slips do not cash out. But one day, I'm gonna have a parlay that's insane.”
— Shane Mercer [00:18:05 → 00:18:24]

Sports Betting Losses: "People with access to a lot of this money, they're gonna lose a ton of money, if they have a gambling problem."
— John Wilson [00:19:53 → 00:19:57]

The Hidden Side of Sports Betting: "At the end of the day, they stop betting for six months when their girlfriend or their wife finds out about how much money they lost. And, you know, you don't you know, you don't hear about that. Right? So, it's nice when people are actually honest about losses."
— John Wilson [00:20:35 → 00:20:47]

High-Stakes Betting Limits: "Like, obviously, what what we're looking at here is beyond what, you know, Pinnacle would even take on on some of these lines."
— Andrew Pace [00:22:40 → 00:22:46]

The Truth About Fading Celebrity Bets: "The whole fade Drake thing, because someone lost doesn't mean you win betting against them, and and a lot of people in the industry don't understand that."
— Andrew Pace [00:23:08 → 00:23:12]

Viral Marketing and Authenticity: "This isn't Drake, like, just trying to be transparent about his sports betting and be real with his fans. This is Stake. Keep coming to him and being like, hey. We want you to put out a responsible gambling message."
— Shane Mercer [00:24:57 → 00:25:07]

Gambling Influencer Deals: "It still may shake out where he is actually losing money and stake is getting, you know, a really great deal for him promoting."
— Andrew Pace [00:26:04 → 00:26:11]

Calgary’s Cold Weather Challenge: "It was how poor they played in the cold and how poor they played in the weather. And to win the Super Cup, they have to probably play in the cold weather in October and November. So that doesn't bode well for our bet, but I do still believe in them throughout the summer."
— Andrew Pace [00:27:30 → 00:27:46]

Edmonton's Struggles in the CFL: "Edmonton is just absolutely, absolutely dreadful."
— John Wilson [00:29:14 → 00:29:17]

Quarterback Impact on Betting Lines: "So to me, it's really just about Rourke."
— John Wilson [00:33:30 → 00:33:32]

Quarterback Uncertainty Impacts Game Lines: "It's the same situation with Rourke. Like, I'm kind of giving them, like, the same number of points, in terms of value, Rourke and Kelly, compared to the backups."
— John Wilson [00:35:34 → 00:35:43]

Betting Odds & Backup Quarterbacks: "I just don't think the lines are really properly adjusting to what we've seen so far and just how atrocious some of these backup quarterbacks are."
— John Wilson [00:36:54 → 00:36:54]

Smart Betting Tips for the CFL: "There are books who will let you do seven point teasers for minus one ten, in the CFL on two legs. So, you'll you can find those out there."
— John Wilson [00:38:38 → 00:38:48]

Viral Nostalgia for Swag: "It's still gotta be one of my favorite sweaters, one of my favorite IPL, pieces of swag."
— Shane Mercer [00:39:24 → 00:39:29]