Business of Betting Podcast25 Apr 2025

E245 - Matthew Trenhaile (re-release)

We're bringing back one of our all-time most popular episodes for a special re-release!

Originally aired last year, this conversation with Matthew Trenhaile was a fan favorite. Matthew is one of the sharpest minds in the sports betting world, and his insights into exchanges, market making, and the future of the industry are as relevant today as they were then.

Hear them discuss:

02:41 – The Smarkets origin story, and why Jason thought an exchange was needed

08:59 – How Smarkets almost became a social betting platform, and the role that social features play in the exchange experience

13:30 – The Betfair API, developer ecosystems, and why Smarkets currently operates as a "closed garden" platform

22:11 – The backstory of how Smarkets came to be its own market maker, and the challenges that came with that

29:49 – Whether the value proposition of exchanges will ever become broadly appealing to recreational bettors

37:58 – The allure of pivoting to B2B for exchanges and syndicates

47:45 – The challenges of offering political betting markets

52:50 – Trading on Betfair in the early days

61:25 – What Matthew wants to be when he grows up

⚡️ Follow BoB on Twitter/X

⚡️ Watch BoB on Youtube

⚡️ Follow Jason on Twitter/X

⚡️ Apply to be a guest here

---

This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(310)

E308 - Sean Green from Sports Gambling Podcast Network

On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Sean Green, co-founder and host of the Sports Gambling Podcast Network (SGPN), to discuss how a passion project that sta...

10 Sep 34min

E307 - Jay Cohen from World Sports Exchange

On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Jay Cohen, author of Odds Man Out and founder of the World Sports Exchange, to discuss his pioneering sports betting exc...

3 Sep 30min

E306 - Steven Dresner from DealFlow Events

On this episode of Business of Betting, Jeff Edelsten is joined by Steven Dresner, Founder of DealFlow Events, to discuss the rise of prediction markets, why the space has become impossible to ignore,...

27 Aug 31min

E305 - Peter Schoenke from Fantasy Life

On this episode of the Business of Betting podcast, Jeff Edelstein is joined by Peter Schoenke, CEO of Fantasy Life and longtime fantasy sports entrepreneur, for a wide-ranging discussion on the evolu...

20 Aug 30min

E304 - Adam Bjorn from Plannatech Group

On Episode 304 of the Business of Betting podcast, Jeff Edelstein is joined by Adam Bjorn, CEO of Plannatech Group, for a wide-ranging discussion on his three decades in sports betting, Prime, predict...

13 Aug 36min

E303 - Jonathan Cohen

On Episode 303 of the Business of Betting podcast, Jeff Edelstein is joined by Jonathan Cohen, Policy Lead at the American Institute for Boys and Men and author of Losing Big, for a wide-ranging discu...

6 Aug 40min

E302 - Zack Panos from 4Casters

On Episode 302 of the Business of Betting podcast, Jeff Edelstein is joined by Zack Panos, founder of 4Casters, for a deep dive into the future of prediction markets, peer-to-peer betting, and the evo...

30 Jul 34min

E301 - Adam Small from Third Planet Media

On Episode 301 of the Business of Betting podcast, the tables are turned as Third Planet CEO Adam Small takes over hosting duties to interview Jeff Edelstein. Together, they reflect on the evolution o...

23 Jul 34min