Introducing Episode 4: A Hard Way to Make an Easy Living from Against the Rules with Michael Lewis.

Follow the show: Against the Rules with Michael Lewis

Michael Lewis heads to Las Vegas to explore the way sports betting used to work, up until the day it was rapidly legalized by states around the country. We meet the betting sharps who figured out what others couldn’t and set the odds for other bookies. That is, up until everyone seemed to have a casino on their smartphone. But the new online casino differs from the old ones in an important way: It doesn’t take all bets.

For further reading: 

Edward Thorp’s Beat the Dealer

“Cigars, Booze, Money: How a Lobbying Blitz Made Sports Betting Ubiquitous” by 

Eric Lipton and Kenneth P. Vogel

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