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

Today GP and SP talk to James Gettinger, founding partner of Gutter Capital - one of the top preforming VC funds in the world.

Why is James on our podcast you might ask? Well, before venture capital, James was one of the most profitable Daily Fantasy Sports players of all time. He pioneered contest simulations and was a first mover in many strategies that now are common amongst the best players. That ability to make the plays conventional wisdom says are stupid not only made him millions in DFS - but give him a big edge in a similar game in VC.

It was great to have James on - as he proves that the people that succeed in our industry can go out and crush other industries.

0:00 Intro/ Poker
14:30 Transition to DFS
52:00 Going from DFS to VC

Apply to Elbow Grease: https://elbowgrease.cc/

Gutter Capital: https://www.gutter.cc/

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

First we welcome SP back to the podcast and he shares some exciting life news that explains his absence last week.

Then SP and GP both give an example of an originating edge that they had at some point - not shocking that the "sports" are Golf and League of Legends. Big news week and some great questions follow.

0:00 Dead Originating Edges
33:10 News 
1:17:30 Questions

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 SP is AFK so we get Mr. PeanutBettor to sub in as a guest host. We cover who we think will be most helped by AI along with a lot of news and great questions. Clearly SP holds the show together because this went off the rails and became the longest episode yet.

00:00 AI in Sports Betting
40:30 News
1:13:30 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 week we kick it off with some lessons we learned retroactively from sportsbooks after we started market making on prediction markets. Then we cover the news - including the Matt Kalish v. Kalshi saga that is still going strong 2 weeks in. Then we hit one of the longest Q&As in history to clear our backlog of questions!

0:00 What Sportsbooks Got Right
25:30 News
1:14:00 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

This week SP and GP are joined by Troy (https://x.com/troycuban) to talk about how he has made over $700k on Kalshi this year despite never originating a bet in his life.

Troy is slightly different than our typical guest (only slightly) in that he comes from a traditional finance background and now only does RFQs full time. This could be the deepest dive recorded into the most important market on Kalshi!

0:00 Intro to Sports Betting
29:00 Everything RFQs
1:19:00 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

Record breaking episode for most questions asked - if you asked a question and we didn't get to it, it's because this episode would have been 4 hours and we will answer on our next solo show.

Today SP and GP talk about the non-obvious risks on prediction markets. As bettors we all are aware of bankroll management and betsizing tools like Kelly. But in this new world, there are more threats to your bankroll looming around every corner and being defensive is the game.

We touch on FanDuel and DraftKings getting into the PM space as market makers on the exchanges - and have another great Mr. PeanutBettor question of the week.

0:00 How we define risk on PMs
10:40 Listener Risk Qs
1:28:40 News
1:48:00 Random Listener Qs

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 we interview Clay Alter (ClayA on Kalshi) about his start in sports betting and recent rise up the Kalshi leaderboard. Clay shocks SP and GP when he says he manages his orders fully from the orders tab on the Kalshi UI. Possibly the most manual trader we have had on and he's crossed $1.5 million in profits in 8 months on Kalshi. A great reminder that there are many ways to do it!
Follow Clay on twitter: https://x.com/alter_clay

0:00 Intro
13:00 Getting Started w/ Sports Betting
38:00 Switching to Kalshi 
1:18:40 Listener Questions

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

Nerd alert. The main topic is a discussion on deterministic v. probabilistic models in the current betting environment. News includes the solider who bet on himself to capture a foreign leader and made $440k before getting arrested and a rant on the people complaining about FandDuels injury insurance.

0:00 Deterministic v. Stochastic Sports Models

26:00 News

1:05:15 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