On this episode of the Business of Betting Podcast, Jason is joined by Dean Sisun from ProphetX.

Hear them discuss:

02:04 - The overview of ProphetX and the sweepstakes model

04:12 - Postmortem on why ProphetX moved away from the betting exchange model

08:40 - Challenges with regulatory models in the betting industry

10:00 - Exploring the novelty factor and customer acquisition

11:25 - Predictions for the future viability of betting exchanges in the U.S.

13:32 - Understanding how sweepstakes stacks up to traditional sports betting

14:00 - Legality of the sweepstakes model

16:00 - The mechanics of turning sweepstakes into a cash prize

18:40 - Companies operating in the sweepstakes sports betting market

25:53 - The challenges of implementing the peer-to-peer model

26:51 - Managing a remote team, while moving to Miami

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