E21 - Can you lose money picking 60% winners?

E21 - Can you lose money picking 60% winners?

Ep: 21 - Victor Haghani

Victor is a very well known finance and investing expert. Victor started out at Salomon Brothers before moving on to places including John Meriweather and Long Term Capital Management. Currently, he is the Founder and CEO of Elm Funds.

Victor joins the podcast to chat about a myriad of topics including his recent research paper and experiment titled Rational Decision Making under Uncertainty.

Link - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2856963

We discuss the results of the experiment with a biased coin (60% heads vs 40% tails) and the optimal bankroll and money management techniques for betting, wagering, investing and gambling.

Is it possible to lose long term when picking 60% winners? Can you bet too little or too much when the outcome is 60/40 in your favour? We discuss this and more.

The Business of Betting Podcast - A podcast about the business side of the betting, wagering and investing world.

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

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Avsnitt(310)

E308 - Sean Green from Sports Gambling Podcast Network

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

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

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

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

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

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

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 Juli 34min

E301 - Adam Small from Third Planet Media

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 Juli 34min

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