Episode 121

The Chaos of Sports Betting Payouts: "We deal with the shit in the sports betting world all the time when it comes to things getting voided, bets getting canceled, getting graded incorrectly, and all of that."
— Shane Mercer [00:01:37 → 00:01:46]

The Influence of Token Whales in Decentralized Voting: "Now here's the problem, though, that critics will say is that the voters, all of these token holders, are all a bunch of whales. They're they hold an outsized, you know, number of tokens, larger amounts of tokens than most people can can get their hands on."
— Shane Mercer [00:06:27 → 00:06:45]

Are Decentralized Markets Really Fair?: "It turns out that, you know, that these markets can be, manipulated and corrupted in some way."
— Shane Mercer [00:07:32 → 00:07:38]

Viral NFL Fashion Moment: "You literally see Joe Burrow's back, but he's in a suit. And the reason why I bring it up is because fashion is not black and white."
— Andrew Pace [00:09:39 → 00:09:48]

The Importance of Understanding Your Bets: "If you're a recreational bettor, it really doesn't matter what it is that you're betting on. You have to understand it."
— Andrew Pace [00:11:10 → 00:11:16]

The Dangers of Betting Without Knowledge: "You have to know what it is that you're doing before you put your money in potential harm's way if you're trying to take this seriously or anything else in life."
— Andrew Pace [00:13:43 → 00:13:52]

Understanding Dispute Resolution in Prediction Markets: "You need to understand that process if you're gonna put your money in harm's way."
— Shane Mercer [00:14:49 → 00:14:53]

How Algorithms Impact Sports Betting Odds: "I've seen it where I post the bet and instantly, it is taken because someone's algorithm has queued that the odds of the other side are worth betting, knowing that they're the best odds available, you know, in the world."
— Andrew Pace [00:22:28 → 00:22:41]

How Live Betting Can Cost You: "If this was live and my bet was offered and, let's say, Chicago was up 15 and you're offering sorry. The the links were up, say, 30 and you're offering minus, 10 and a half still, you're giving someone free money if you didn't pull that line down."
— Andrew Pace [00:28:31 → 00:28:47]

Slow Sports Season and Betting Differences: "But, but at the end of the day, it it this is still this is peanuts, compared to major sports, and that's kinda what I'm getting at and why you're so much more likely to to have your your bet taken, if you're betting on, you you know, the NFL or MLB or or whatever it's gonna be. It's just this is a very slow time in sports right now."
— Andrew Pace [00:30:09 → 00:30:30]

Exploiting Late WNBA Betting Lines: "They will often, at least for WNBA because that's the one I've sort of been focusing on over the last little bit, they've got lines up late, like, really late. Like, the kind of late that is very exploitable for for us and for for people in our team."
— Shane Mercer [00:32:23 → 00:32:40]

The Future of Betting Lines: "This is a place where you might be able to get some of those those kinds of lines late. And if they're posting it for WNBA, and I've I've seen some, some other leagues in there, like NBA Summer League, well, what does that mean for the actual NBA when the NBA is in regular season time? You know? What's what's the volume gonna look like there? I've got I feel I'm very hopeful about that. I'm very hopeful about what they're gonna have for NFL live. You know, what else? Maybe college. Maybe college hoops is gonna be here. I don't know."
— Shane Mercer [00:33:08 → 00:33:40]

The Lifeblood of Betting Exchanges: "Guys like you that didn't know what it was that I introduced it to that are now comfortable using it are extremely important for the lifeblood of an operation like this. And as winning players, we have to support operations like this so that we continue to have this as an out long term."
— Andrew Pace [00:37:09 → 00:37:28]

How Betting Odds Multiply in Parlays: "And when you think about, you know, vig, right, and, you know, it existing on a straight bet, Well, the VIG gets compounded when you go to make a parlay. Right? Where where, you know, it it the the house is getting a bigger edge, but when you go to do something like that here, you're typically getting much better odds."
— Shane Mercer [00:38:26 → 00:38:47]

Full Ownership of Your Money in Wallet Systems: "But the biggest benefit, and we've referenced this a few times, is that the money is never in s x, and you are never asking s x for your money back. The money is always yours. It's always your your in full ownership of it at all times, which is just so different than what we see when when we're working with the sportsbook."
— Shane Mercer [00:45:42 → 00:46:04]

Crypto Betting Simplified: "You want to be using the same token and coin that the market makers are. Because if they're offering a line in USDC, they're not necessarily offering it in Ethereum or SX or whatever else."
— Andrew Pace [00:47:38 → 00:47:49]

Live Betting Strategy in the WNBA: "I know that at some point, there's a good chance that this live total gets close to that line, and somebody may wanna snap up my bet. And I know for sure that I want that that under in that scenario."
— Shane Mercer [00:50:39 → 00:50:52]

CFL Home Advantage Debate: "I just don't think that matters that much in this league."
— John Wilson [00:59:45 → 00:59:47]

Underdog Upset Alert: “I actually think I think BC should be favored in this game, albeit slightly. I think it should be, like, BC minus two, two and a half. So we're getting d c plus one and a half. So and, even money on the on the money line right now. I like d c. Rourke looked like old Rourke yesterday.”
— John Wilson [01:01:41 → 01:01:58]

Underdog Value in Sports Betting: "We're getting teams that are at least as good, if not better, as underdogs. Really good numbers, good teaser spots."
— John Wilson [01:04:05 → 01:04:11]