The Risk Takers Podcast

The lost tapes. A lot of people have asked for the BetBash episode as we did sell out the Sphere and only 20,000 people could see it live. This is the episode & a short intro. Interesting to see how out of date some of the takes could seem seeing as they are only two months old.

Just a note - thank you to Spanky for letting us do this live pod. It was the highlight of a great event. We would recommend Bet Bash to most of our audience and hope to see everyone there next year!

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 GP and SP get deep on questions about morality and if work life balance even is real. Then we discuss injury protection coming to PMs!

0:00 - Introduction
3:30 - Learning To Be Content With Performance
22:05 - The Morality and Ethics of Sports Betting
38:28 - This Week in Projection Market News 
54:59 - Web Scraping & Terms of Service 
58:04 - Explaining How Strikeout Markets Make Money
1:02:25 - Preventing Chasing Bets Into Addictions

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

Join the Predictions Cup: https://predictionscup.com/

Today we are joined by Ric Best, who runs one of the biggest prediction market desks in the world - Susquehanna Predictions. If you have ever wanted to get a peek behind the curtain on how the big boys operate, this is your chance. Please consider joining Susquehanna's Predictions Cup - a prediction market contest for students that carries a $30k top prize! 

0:00 Ric's background
15:32 Betting on prediction markets
36:15 Building the team
53:16  How SIG trades
1:45:33 Big positions and what's next

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

In this episode - GP & SP drop some hot takes. GP thinks his are actually hot takes this time. And a big news week that includes the Kalshi wash trading allegations, Polymarket & DraftKings in the news for the wrong reasons and the bizarre ACR withdrawal terms that locked up customer funds.

0:00 Hot takes
35:30 News
1:15:00 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

Pre-Order "Advantage Player": https://www.penguinrandomhouse.com/books/826945/advantage-player-by-gina-fiore/

This week GP and SP sit down w/ Gina Fiore, one of the most prolific winners in the history of advantage play. Gina has won counting cards, hole carding, edge sorting, playing slots, poker, sports, casino bonus play and other moves across a successful AP career. A career so interesting that HBO is making a show out of her memoir "Advantage Player" that is being released next month. Please pre-order to help Gina out because we promise you will be reading this book - it's so good!

0:00 Intro
07:00 Card Counting
15:00 Hole Carding & Advanced AP
50:30 Edge Sorting
1:01:30 Team Play
1:14:00 Going Public & AP Life
1:39:00 Q&A

Gina's Substack: https://substack.com/@rxgamble?r=3xlh0k&utm_medium=ios&utm_source=stories&shareImageVariant=light

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

SP and GP go through all of the software they are currently using in the prediction market trading and why they think it's useful. News is spicy with the incorrect settlement of the Mich/WMU that lead to absolute chaos on Kalshi and the long downtime of Poly US on the first college football saturday.

0:00 Tech Stack
30:30 College Football PM Chaos
1:12:28 Underdog Announcement
1:23:15 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

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

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

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