Circles Off - Sports Betting Podcasts

Episode 61: Chris Bennett Joins for a Discussion

07.14.2022 - By The Hammer Betting NetworkPlay

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Circles Off welcomes Director of Risk at Circa Las Vegas, Chris Bennett (@BetChris), to the show!

On this episode, Rob, Johnny, and Chris discuss:

Managing a Sportsbooks Risk

What it takes to move lines

Day in the life of an oddsmaker

What differentiates Circa Sports from other sportsbooks

& Much More

SportsBetting #betstamp

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SHOW INDEX:

(00:00) Intro

(00:58) Chris Bennett's Background

(05:04) Day-To-Day Responsibility of a Risk Manager

(13:04) Do books use other books to determine odds?

(14:48) Circa Openers (NFL/NCAAF)

(18:14) Proactive vs Reactive bookmaking

(22:11) Validating Your Own Opinion

(24:46) Are books trying to balance the action?

(33:49) Why Circa Doesn't Limit Players

(38:59) How closely does Circa look at props?

(40:54) How trading teams react to news

(48:50) Closing Line Value

(1:02:03) Will sportsbooks shift to allow sharps?

(1:13:57) Advice to Previous Self

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