He Invented Online Betting...Then Went To Prison For It - Jay Cohen

He Invented Online Betting...Then Went To Prison For It - Jay Cohen

He built a betting exchange three decades ahead of its time, got prosecuted for it while John Roberts almost took his case, and served time for something states are now making legal one by one. This week on Open Book, Jay Cohen, the man the pro sports leagues crushed, tells me what really happened and why the house always wins in the end. Jay Cohen is the co-Founder and former President of World Sports Exchange, the first fully online betting site. Prior to World Sports Exchange, Cohen worked as an options market-maker for Group One Trading on the floor of the Pacific Stock Exchange. Cohen and World Sports Exchange have been featured in The New York Times, San Francisco Chronicle, Wall Street Journal, Washington Post, and on CNBC, HBO Real Sports, 60 Minutes, and ESPN. Get his wonderful new book (out today), Odds Man Out: The Untold Story of How Professional Sports Crushed the Pioneers of Online Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: ⁠https://www.scaramucci.net/allthewrongmoves Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Avsnitt(261)

"They Should've Been Dead": How 3 Men Survived 28 Hours Surrounded by Sharks - Michael J. Tougias

"They Should've Been Dead": How 3 Men Survived 28 Hours Surrounded by Sharks - Michael J. Tougias

They made a vow to survive together, no blame, no panic, just 28 hours of pure will against sharks, jellyfish, and the open ocean. My guest, Michael Tougias, lived inside this story for years to bring...

2 Juli 26min

Jun 2026 Q&A: Breaking From Trump, Reforming American Democracy & Book Recs

Jun 2026 Q&A: Breaking From Trump, Reforming American Democracy & Book Recs

It's the June Q&A on Open Book, and you came at me with everything this month: aliens, whether there's a reckoning coming when Trump's term ends, and the honest reason it took me so long to break from...

30 Juni 26min

The Coach Everyone Called a Failure (He Proved Them Wrong) - Monte Burke

The Coach Everyone Called a Failure (He Proved Them Wrong) - Monte Burke

Pete Carroll was written off as a flake, a fraud, and a two-time NFL failure, but then he built one of the greatest dynasties in college football history. This week on Open Book, Monte Burke and I get...

25 Juni 28min

America Repeats the Same Crisis Every 80 Years. Here's How We Overcome It - Bob Crawford

America Repeats the Same Crisis Every 80 Years. Here's How We Overcome It - Bob Crawford

Does America face a defining crisis every 80 years? In this episode, I sit down with musician and author Bob Crawford to explore the remarkable life of John Quincy Adams, why history may be rhyming on...

23 Juni 33min

Historian: The Untold Story of WWII's Most Fascinating Person - Geoffrey Roberts

Historian: The Untold Story of WWII's Most Fascinating Person - Geoffrey Roberts

Kathleen Harriman was there at the center of it all, at Churchill's side in the Blitz, in Stalin's Moscow, at Yalta, and somehow history almost forgot her. My guest today, renowned historian Geoffrey ...

18 Juni 27min

High Performance Psychologist: The #1 Fear Holding You Back From Your Full Potential

High Performance Psychologist: The #1 Fear Holding You Back From Your Full Potential

What if the biggest thing standing between you and your best life isn't failure, it's what other people think of you? Today, I sit down with world-renowned high-performance psychologist Michael Gervai...

16 Juni 33min

The Rise and Fall of a Tech Titan - Katie Prescott

The Rise and Fall of a Tech Titan - Katie Prescott

Mike Lynch was a working-class kid from East London who built one of Britain's greatest tech companies, and then watched it all collapse in a fraud scandal that stretched across two continents, two co...

11 Juni 29min

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