The FUTURE of Sports Betting

[JohnGalt2341]

The video below is from 3 weeks ago.

I know Sports Betting exchanges have been around for a while now. But are these guys right? Are Sports Betting exchanges really the future of Sports Betting? Why or why not?

[lakerboy]

There is no future.

[Eddy Munny]

There is no future.

[gauchojake]

Interesting podcast. I watched another one with Spanky that was pretty interesting.

It sounds like they acknowledge that the players can't be the source of the liquidity in the market for an exchange but then you are essentially pitting the market makers vs the retail players. They want to drive down costs and make efficient markets I am just not sure this is the way to do it. I don't know shit though so whatever.

[TheGoldenGoose]

I had the idea of a sports gambling hedge fund some 25 years ago. The guys at work were putting up $100 a share and I’d give the daily play or plays out and that’s how somebody stuck TheGoldenGoose name on me. We trudged through about 5 years and it finally fell apart by profit takers. Very much fun and great memories.

[DrunkHorseplayer]

The future of sportsbetting is the casinos' AI hanging a perfect line and the players' AI concluding that there is no value either way; it will be literally impossible to win in the long term.

[pavyracer]

The future is not good. There is noone aged 35 years old or younger that bets on sports. So the more older gamblers pass away the worse the future will look.

[OldBill]

yeah it's all rigged scripted fixed any way so nobody wins --- but we still play on

[klemopixx]

Legal sports gambling is ruining everything. Fans care more about making some small change more than they care about the teams. It's like playing poker with tables full of nits, every move is carefully calculated. It's a job, the Wild West days of taking advantage of weak lines is over. It's not worth the time anymore.

[OldBill]

why i was e mailing calling up state reps way long ago for this to happen Illegal bookie were letting you bet whatever and then after MNF was done you owed him 1000's and you betting life was over they put you payment plan like loan shark and you had to with 15-% interest way back today it's 30%.

and illegal bookies would limit you after beating them for $1000's weekly i had it happen way back in 2001 was handicapping nfl gave the guy's games every week well after 5 weeks old big guy billybones said no more you can only bet max $300

today sports books will take any cash you have if you win huge like over 10 g's then you pay taxes

i miss the 70's i actually started my own service but had no muscle got stiffed every week stopped after 10 weeks i just dropped the stiffs

so look now more jobs created all over USA managers sports books cashiers more people helping people place bets

gawd to thin k Brandon lang won his 1000000 dime bet

yeah i lost but did win back $182 og the $270 i bet

like wow imagine hitting 3 team ml prly all dogs +180 +200 +350 6-1 even for ony 10$ you b e happy it 730 + 73$ X 6 =$438

[JIBBBY]

There is a future, cap harder and win damn it!

[jamesrav]

Interesting podcast. I watched another one with Spanky that was pretty interesting.

It sounds like they acknowledge that the players can't be the source of the liquidity in the market for an exchange but then you are essentially pitting the market makers vs the retail players. They want to drive down costs and make efficient markets I am just not sure this is the way to do it. I don't know shit though so whatever.

I'm a big fan of Betfair and Orbit, but have heard it can never be adopted in the US due to inter-state laws. Individual states have had a hard enough time getting sports betting approval, imagine getting the Federal Govt involved or requiring all states to agree on something. The British are crazy-mad about sports betting, so they are always way ahead of the curve, plus being much smaller.

I do agree on the liquidity issue: for the US horse races (seemingly still a big deal) the Betfair In-play often shows availability of less than $10 at times (although it does fluctuate wildly). Orbit has much higher liquidity both pre-race and in-play. I'm sure the Betfair owners are pleased with how the Exchange has worked out, but I don't think it was the 'will take over the whole space' success they imagined.

EDIT: after watching it, some of the questions were answered. They are already in two states, and plan to do it state-by-state. So they avoiding the 'nationwide' problem, but just individual states ... that really limits any pooling of liquidity. Most of the discussion was geared towards hypotheticals involving advanced, serious bettors, even though the founder admits the 'squares' will essentially be funding it due to their recreational nature. Also mentioned "routing orders" and selling data, which are usually considered 'bad things', so that was an unusual admission. They need to make money somehow, and maybe that's how.

[gauchojake]

The future is not good. There is noone aged 35 years old or younger that bets on sports. So the more older gamblers pass away the worse the future will look.

This is just a story you made up in your head.

[pavyracer]

This is just a story you made up in your head.

Mark my post and lets revisit in 30 years. You will see I was right.

[Eddy Munny]

Mark my post and lets revisit in 30 years. You will see I was right.

How do you plan to revisit?

[JIBBBY]

Mark my post and lets revisit in 30 years. You will see I was right.

Revisit in 30 years. Lol..

[gauchojake]

I'm just curious who Pavy thinks is on draft kings and fan duel. I'm guessing the target demo is 21-35 lol

[pavyracer]

I'm just curious who Pavy thinks is on draft kings and fan duel. I'm guessing the target demo is 21-35 lol

Do an age poll at SBR and see how many draftkings and fanduel players are in the 21-35 age. You will be surprised how many are older especially the ones with 2005-2010 join dates.

[alecmatt5]

Do an age poll at SBR and see how many draftkings and fanduel players are in the 21-35 age. You will be surprised how many are older especially the ones with 2005-2010 join dates.

Fanduel users:

18 - 24 years old: 14.87%
25 - 34 years old: 28.86%
35 - 44 years old: 26.48%
45 - 54 years old: 15.37%
etc...


Draftkings users:

18 - 24 years old: 11.05%
25 - 34 years old: 26.18%
35 - 44 years old: 27.15%
45 - 54 years old: 17.7%
etc...

Caesars was similar to Draftkings

Here's the data: https://www.similarweb.com/website/d...com/#interests

Point being, what you said just doesn't make sense.

[gauchojake]

Do an age poll at SBR and see how many draftkings and fanduel players are in the 21-35 age. You will be surprised how many are older especially the ones with 2005-2010 join dates.

35 year olds are not on message boards. They are on discord, tik tok, x, insta, snap etc.

[pavyracer]

35 year olds are not on message boards. They are on discord, tik tok, x, insta, snap etc.

Then what is the purpose of SBR website? Is SBR Andy wasting our time? Looks like it's the same 10 older guys here for the last 2 years.

[texhooper]

If you’re ever accidentally around people younger than 35, you will hear some gambling talk eventually. Promise you

[trytrytry]

the future of sports betting in America is mostly horrible

[Machba]

Clearly,
There is no future

[DrunkHorseplayer]

The future is not good. There is noone aged 35 years old or younger that bets on sports. So the more older gamblers pass away the worse the future will look.

This applies to horses but definitely not to sports.

[gauchojake]

Then what is the purpose of SBR website? Is SBR Andy wasting our time? Looks like it's the same 10 older guys here for the last 2 years.

I don't know Andy and the team's strategy but if I were a marketer I would look at the site and forum as a part of a larger overall strategy to acquire affiliate and ad revenue.

[Eddy Munny]

I don't know Andy and the team's strategy but if I were a marketer I would look at the site and forum as a part of a larger overall strategy to acquire affiliate and ad revenue.

Who's gonna pay to have a billboard in a ghost town?

[pavyracer]

Who's gonna pay to have a billboard in a ghost town?

discord, tik tok, x, insta, snap etc.

[Eddy Munny]

discord, tik tok, x, insta, snap etc.

Sure, what better to drive home the final nail in the coffin of SBR than to aggressively promote other platforms lmao?

It wouldn't make any sense from the other perspective either, to pay to advertise their already thriving companies to 20 guys who grew up with a rotary phone and watching M.A.S.H. It's your classic lose/lose proposition.

[gauchojake]

Who's gonna pay to have a billboard in a ghost town?

This site gets over 1 million visits per month.

[Eddy Munny]

This site gets over 1 million visits per month.

I don't know if that's a lot in a month's time, relatively speaking. Maybe Ben Gay will step to the plate, who knows.

[biggie12]

in the next 5 years P2P crypto betting will be Huge!

[bjb7223]

I don't know if that's a lot in a month's time, relatively speaking. Maybe Ben Gay will step to the plate, who knows.

Viagra is the next sponsor

[2Sweeet]

Gambling will never be like the good old day's. Say what you want but Offshore hasn't come close to changing with the times and it's a bad product anymore. Offshore is a Dinosaur now compared to Legal. Gambling is dead as we knew it. I may have to start paying taxes. I thank the legal books for allowing me to live bet parlays and correlate anything I want. U can't even get more than 500 down at Bookmaker on a live bet unless it's a commercial. That's called being scared of the powers that be that want to take them down.

[Optional]

Sure, what better to drive home the final nail in the coffin of SBR than to aggressively promote other platforms lmao?

It wouldn't make any sense from the other perspective either, to pay to advertise their already thriving companies to 20 guys who grew up with a rotary phone and watching M.A.S.H. It's your classic lose/lose proposition.

Agree, we don't need to thin the crowd by trying to split the content over new platforms.

But I do think more marketing on those platforms to move more new users here would be very useful right now.


I've heard a whisper about a nice change in strategy for the forum being discussed. Fingers crossed we are about to move forward.