E254 - Alex Kane & David Huffman from Sporttrade

E254 - Alex Kane & David Huffman from Sporttrade

On this special guest-host episode of the Business of Betting Podcast, Alex Kane, Founder & CEO of Sporttrade, steps in as host. He’s joined by David Huffman, Chief Operating Officer at Sporttrade.

Hear them discuss:

01:45 - How David transitioned into the betting industry from fintech 02:52 - The inspiration behind launching the “Bullish Predictions” newsletter 03:58 - Why the rise of prediction markets is legitimizing the betting exchange model 05:20 - Debunking the misconception that prediction markets have low margins 06:20 - What Robinhood’s event contracts mean for the future of sports prediction markets 09:47 - Breaking down Robinhood’s 3.57% effective hold rate 12:10 - How traditional sportsbooks’ promotional costs impact profitability 14:00 - The hidden operational costs that prediction markets avoid 18:10 - How Robinhood’s existing ecosystem gives it an edge in payment efficiency 20:50 - Why customers will benefit from lower margins and competition 23:33 - How Business of Betting helped Sporttrade get its start

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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.

Episoder(289)

E183 - Alex Kane from Sporttrade

E183 - Alex Kane from Sporttrade

Jason is joined by Alex Kane, CEO and Founder of Sporttrade Inc. in the latest episode of the Business of betting Pod. Alex shares his startup story, as well as his views on the growth of the American...

27 Jan 202347min

E182 - Lloyd Danzig from Sharp Alpha Advisors

E182 - Lloyd Danzig from Sharp Alpha Advisors

In this episode of the Business of betting Pod, Jason is joined by Lloyd Danzig, Managing Partner at Sharp Alpha Advisors. In this episode Lloyd shares his views on the future of the sports betting an...

20 Des 202244min

E181 - David Purdum from ESPN

E181 - David Purdum from ESPN

In this episode of the Business of betting Pod, Jason is joined by David Purdum, Gambling reporter for ESPN. In this episode, Purdum who’s been writing on the industry since 2008 goes back on his care...

23 Sep 202246min

E180 - Jed Corenthal from Phenix RTS

E180 - Jed Corenthal from Phenix RTS

In this episode of the Business of betting, Jason is joined by Jed Corenthal, Chief Marketing Officer at Phenix Real Time Solution. Phenix is a B2B real-time video streaming solutions provider. The pa...

16 Sep 202226min

E179 - Sandford Loudon of Oakvale Capital

E179 - Sandford Loudon of Oakvale Capital

In this episode of the Business of betting Sandford Loudon joins the show. Oakvale Capital is a leading M&A and advisory firm in the industry. Sanford covers his background, his access to deals, SPACS...

29 Jul 202244min

E178 - Nigel Eccles - From Fanduel to Betdex

E178 - Nigel Eccles - From Fanduel to Betdex

In this episode of the Business of betting Nigel Eccles joins the show. Nigel covers his early days at Flutter, his entrepreneurial journey with Fanduel, Betdex and entering the Crypto world. Finally,...

22 Jul 202255min

E177 - News roundup with Brad Allen

E177 - News roundup with Brad Allen

In this episode of the Business of Betting podcast, Brad Allen from Legal Sports Report (LSR) joins Jason Trost to cover and share opinions about the latest industry news. 00:53 Amy Howe talks offsh...

15 Jul 202228min

E176 - Scott Kaufman-Ross, SVP Gaming & New Business at the NBA

E176 - Scott Kaufman-Ross, SVP Gaming & New Business at the NBA

In this episode of the Business of Betting podcast, Scott Kaufman-Ross joins the show. Scott is SVP Gaming & New business at the NBA and talks about how he got his job, how the NBA is very pro betting...

8 Jul 202243min

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