Episode 149

Does Everybody Lose in Sports Gambling? With Danny Funt

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In this episode, host Shane Mercer welcomes Danny Funt to tackle some of the most intriguing—and controversial—questions facing bettors today.

From breaking down Super Bowl matchups and sharing personal betting anecdotes, to dissecting the gritty realities behind sportsbook operations and discussing the rise of prediction markets, this episode dives deep into both the mechanics and the ethics of modern gambling. Danny Funt, investigative journalist and author of "Everybody Loses", reveals startling insights from inside the betting industry—including why even the operators themselves aren’t always cashing in, and how evolving technology and media partnerships are reshaping the landscape for sharp bettors and the everyday public alike.

We’ll explore who’s really winning in the new age of sports betting, how recreational money and public perception can shape market inefficiencies, and why news outlets’ involvement in affiliate deals might threaten journalistic integrity.