GP & SP sit down with Richard Lee - a PM trader that came a different route than most of our guests. Richard built his trading firm before PMs as a market maker of meme coins back in the 2017 crypto boom. After that he tried to build his own prediction market, before deciding the better decision was to just trade on the existing ones.

0:00 Intro to Advantage Play
11:00 Crypto Market Making
33:45 Transition to Prediction Markets
1:13:00 Listener Q&A

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.

Follow SportsProjections on Twitter: https://x.com/Sports__Proj
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GP and SP start the episode off by listing 6 things they are focusing on for NFL this year on prediction markets. Then they get to the news - which includes Kalshi putting RFQ maker fees on and ETR & Rufus taking some public projections/ models private for use on prediction markets.

0:00 Keys to NFL on PMs
22:30 News
47:00 ETR & Rufus go Private
1:08:45

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.

Follow SportsProjections on Twitter: https://x.com/Sports__Proj
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In this episode we are joined by high stakes cash/ tournament poker player Lewis Spencer. We talk to Lewis about his path to playing in the biggest poker games/ tournaments: what it takes to win, how the game has changed with AI, and the state of the poker economy today.

Then Lewis walks us through what skills have been transferrable to his prediction market trading - and how he is approaching finding edge using his experience beating the highest stakes poker games. Plus an epic Isildur1 story at the end that I don't think has been told yet!

0:00 Start in poker
47:30 Transferring Poker Skills to Prediction Markets and Sports Betting
1:14:40 Current PM trading
1:38:30 Listener Q&A 

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.

Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013

GP and SP recap their experience at BetBash including the live podcast. Then we clear a backlog of the most important news topics and make a case for recreational gambling.

0:00 BetBash Recap
40:30 News

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.

Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013

On this episode we are joined by Henry Kerins - CEO of Manhattan Athletic Group and one of the earliest employees at NoVig. MAG spun off of NoVig as an internal trading team and now trades almost every sports market across multiple venues. This is a must listen for those building their own trading operations in the space!

0:00 Intro
50:15 Listener Q&A

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.

Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013

This week we have a Q&A extravaganza. 42 questions were asked on Twitter - and we get through all of them besides 2 golf questions that one of the hosts decided to cut out (not naming names). News includes someone gaming the mysterious world cup PM sponsor, ADI Predictstreet & an ice cream shop "hedging" on Kalshi.

Substack Mentioned: https://pmpulse.substack.com/

0:00 Q&A Round 1
52:15 News
1:24:30 Q&A Round 2

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.

Follow SportsProjections on Twitter: https://x.com/Sports__Proj
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This week we are joined by professional horse bettor Dennis Montoro (https://x.com/dennycaps1) about all things horse betting. Denny explains why getting a good fair is only one of the important modeling problems in horse racing and a lot of general advice on how to win at peer to peer games.

0:00 Intro
15:30 Pari-mutuel Betting
51:00 Rebates & CAWs
1:14:10 Modelling Horse Racing
1:37:00 Listener Q&A

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.

Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013

The news almost becomes the main topic in this episode, where GP and SP breakdown the record breaking England v. Mexico World Cup game that did most likely over a billion dollars of volume between all markets.

The main topic is a look into what non-technical traits are near-universal amongst top bettors.

0:00 Traits of Top Bettors

28:30 News

1:11:00 Q&A

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.

Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013

Today on the show we are joined by EvenSteven (https://x.com/evenstevengg) - a sports bettor with seven-figures of profit on prediction markets.

Steven talks about why most top down bettors shouldn't try to originate or market make, how to analyze live trading data to find edge, and what is the most important skill a live taker can have.

0:00 Sports Betting
30:30 Prediction Markets
1:10:30 Q&A

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.

Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013

This episode SP and GP get into the first World Cup on Prediction Markets. The insanity of this world cup has surpassed our wildest expectations and we discuss what makes it unlike anything we have ever seen before. Big news and a lot of questions follow - enjoy!

0:00 First World Cup on Prediction Markets
36:00 News

1:04:30 Q&A

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.

Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013