Episode 4: A Hard Way to Make an Easy Living

Episode 4: A Hard Way to Make an Easy Living

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

See omnystudio.com/listener for privacy information.

Episoder(107)

Episode 9: Framing the Gambler

Episode 9: Framing the Gambler

Michael Lewis gets a glimpse of sports gambling's future by talking with writers in Great Britain and Australia, where the industry is even more entrenched. But the US has its own peculiar history of ...

14 Jan 202529min

Episode 8: The Integrity Landscape

Episode 8: The Integrity Landscape

Has betting based on inside intel on games gone down since sports gambling was legalized in the US? Not really, as Michael Lewis finds out. But what's gone up is misery for athletes. We hear from Atla...

7 Jan 202538min

Michael Lewis on the Prof G Pod

Michael Lewis on the Prof G Pod

Just recently, Michael Lewis was a guest on the "Prof G" podcast with Scott Galloway. He talks about the rise of sports betting and why the consequences might be a "disaster" for US society. And the t...

24 Des 202431min

Vegas Sports Bookies on Old-School Betting

Vegas Sports Bookies on Old-School Betting

On a visit to Las Vegas, Michael Lewis meets three old-school sports bookies. Chris Andrews, Jimmy Vaccaro, and Vinny Magliulo book bets and set odds at the South Point Hotel Casino. They talk about h...

17 Des 202430min

Gambler Billy Walters on the Sharp's Life

Gambler Billy Walters on the Sharp's Life

Michael Lewis sits down with Billy Walters, one of the most famous sports bettors of all time. They talk about Walters' impoverished childhood in Kentucky, and his transformation from an auto dealer t...

10 Des 202437min

Episode 7: Little Big Short

Episode 7: Little Big Short

As a resident of California, Michael Lewis cannot place bets on any of the online sports books at the center of this season. They’re not allowed to operate in the state. But why? We hear from pastors,...

3 Des 202443min

Episode 6: VIP

Episode 6: VIP

What does it mean to be a “very important person” in the world of online sports betting? Not necessarily what you think. We hear from recovering gambling addicts and state regulators frustrated with s...

26 Nov 202435min

Episode 5: The Mule

Episode 5: The Mule

The role has many names: “Runner,” “mover,” “betting partner,” and “mule.” As skilled sports gamblers find themselves limited on apps, they turn to these affiliates to place their bets in return for a...

19 Nov 202432min

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