@DragonflyJonez
I’m convinced the vip bettor who placed it thought there was no chance it would actually go through and now his homie is banned from his dream job
my opinion
illegal sports betting volume will always be greater than
legal sports betting volume, in the US
even if all 50 states legalize sports betting
why?
- credit
- anonymity
- taxes
🛑 Attention Sharp Betting Twitter 🛑
This is a PSA:
Stop bullying customer facing employees at Sportsbooks!!
This includes but is not limited to:
- customer support agents
- vip reps
- social media person
- ticket writers
✋🏻
Dear sharpy sharps,
i can assure you that not a
one of the worst things about working in the gambling industry is feeling obligated to listen to everyone’s favorite bad beat story at social gatherings and then hearing yourself say somethin like, “damn that’s brutal man” even though it was a pretty standard situation
what did Penn honestly think was going to happen here?
they just re-launched the same below average product, changed the name of it from “Barstool” to “ESPN”, and gave out 100% deposit bonuses to everyone
4TH QUARTER $PENN ANALYSIS
Bottom Line: Strong customer acquisition results in losses
4Q 2023 EBITDA
Interactive: -$334M major miss consensus of -$151M
Casino: $476M beat consensus of $459M
Online Revenue: $PENN reported $32M of revenue via
@ESPNBET
vs. expectation of
there’s more opportunity in the US digital sports betting market than just betting
tens of thousands of jobs exist, with way more on the horizon
we need quality people with empathy, to come in, rise up, and be leaders in the industry
I wanna find those rising stars
SGP's and future "gamified, lotto-style, sports betting" game types are actually really good for most bettors
these games are much more fun and offer a sense of social connection compared to battling bookies over -110's solo
also think there'd be less psychological pressure to
It’s genuinely shocking how obsessed the new generation of bettors is with SGPs. I mean I get it low risk lotto ticket etc. Whoever came up with that at FD should be a billionaire. Wonder how many 18-24s have never even placed a straight bet lol.
@spanky
the point is, these normal hardworking humans had nothing to do with you getting limited and can’t do anything about it either
giving them hell is a waste of your time and you’re hurting the feelings of an innocent person trying to put in a days work
ill also pass that petition
i think many people on here are super intelligent and analytical about sports betting
a lot of times they're missing the point on why MOST people gamble
i promise you t's not to eek out an edge
gambling should absolutely be legal but the way sports betting is being marketed today by everyone who wants a piece of the pie is short sighted and will result in negative brand sentiment down the road
How many years till Sports Gambling addiction becomes a massive problem in the USA. The number of college aged (and younger) kids obsessed with gambling is way too high, and nearly every platform and league are promoting the *f* out of gambling to their fans.
new weekly segment = Whale Talk 🐳, Episode 1
a popular question i've been getting is, "what do the biggest legal sports bettors in the US do for a living?"
these are players who are single handedly moving market share for operators
they're playing millions and millions in
Confession: I was completely wrong about digital sports betting Communities
i’ve admittedly been writing them off over the years
but after 10 weeks working at
@WhopIO
, I’ve changed my mind
brave of me to admit that I know.
many sports betting communities are not only
i've spoken a lot about how an individual (1) VIP player can move sports betting market share on their own
probably the best example we've ever seen ⬇️
for context - Ippei’s level of sports betting play would have made him one of the biggest legal bettors in the US if he was playing on DraftKings, Fanduel, or MGM
my educated guess is top 3-5 in terms of handle
there are more players of this size playing illegally in the US
Ippei Mizuhara allegedly placed 19,000 wagers between Dec. 2021 and Jan 2024, according to the Department of Justice.
• Average Bet: $12,800
• Winning bets: $142 million
• Losing Bets: $182 million
• Total Losses: $40 million
The DoJ says he never bet on baseball.
.
@BetMGM
as seen significant growth in women betting on sports in 2024 and
@TheMasters
was no different.
BetMGM saw a nearly 50% increase on total bets for the Masters YoY with a whopping 161% increase in women betting on the tournament. 🤑
😂😂😂Van Gundy with the line of the decade of the century of the night “is William Hill just a random dude...” Thank you for the PR hmu if you want action, I can confirm that I am not the random dude
also the simplicity of this fake sports betting app designed by an SNL creative person in probably 30 seconds immediately would put them top 5 in the industry
these are my favorite "Sports Betting Knowledge" podcasts right now:
(i dont consume this as much as the business side, so what am i missing?)
The Risk Takers Podcast -
@goldenpants013
Bet Better Bettors -
@spanky
Bet The
this job market man
its frustrating that i've worked my ass off my entire life just for their to be ZERO open Chief Vibes Officer roles in the sports gambling industry
3 days ago
@goldenpants013
released our critically acclaimed podcast together
it may have been the first long form podcast between a professional sports bettor (GP) and someone who has spent over a decade being customer facing at digital operators in the US (me)
in spite of all
im finally breaking my silence on politics not a single one of these fucking protestors could prevent me from getting all the way to the rim in a late game iso situation
💯
i actually havent put much thought into this yet but the below tweet sparked it:
"pro sports bettor" to Gen Z might be the new "pro poker player" to us Millenials
"sports betting pro" is an even worse idea for almost everyone. i hope that doesnt become romanticized for
all it takes is one negative in-App experience for a Tier 2 operator to lose a great customer for life to FD/DK
here are a few "under the radar" product features that are needed to retain whales🐳:
1. fast bet settlement speed (nothing worse than winning a bet and having it sit
Wemby is 20 years old when I was 20 I skipped a tailgate to lock myself in my bedroom because I thought I solved online Roulette on 5Dimes playing the numbers 3,7,11 over and over and was gonna win millions
I lost all my money
𝐅𝐫𝐢𝐝𝐚𝐲 𝐋𝐢𝐟𝐞 𝐋𝐞𝐬𝐬𝐨𝐧
“you should work hard” - me
@goldenpants013
and
@giantsbadgers
are probably up early crunching numbers and moving markets with their bare hands to ensure generational wealth for themselves and their families
im up early working on floaters
a sportsbook announcing to the world that they dont want Tom Brady as a customer cuz hes "won too much" ???
isnt that the opposite of what they want to promote
its an accidental miracle - 1st major sportsbook being honest about limiting winners
sports betting operators have blown billions of dollars on overpriced "partnerships" in recent years with limited ability to track success i.e handle & GGR coming directly from these deals
FD and DK being the ring leaders of course
the amount spent on brand awareness the past 5
All those "official" sports betting and casino partnership deals can add up.
Caesars reported yesterday that its "Sports Sponsorship/Partnership Obligations" amounted to $566M as of March 31, down from $605M as of the end of 2023. Contacts extend through 2040, the company says.
@CuffsTheLegend
Healthy enough to do the Harlem shake while flexing after a double clutch and 1 against the pelicans but too injured to create space against Gerald green
the most popular content in sports betting is just people giving out betting picks
i find it super boring
but everyone and their mother is doing it and it obviously works to get eyeballs
im interested to see if that lasts
i’m one of the only people to work for both FanDuel (’14-’17) and Draftkings (’19-’23), but I got into the sports betting industry for the wrong reasons.
ill be expanding on that, but for now here’s a quick timeline of how I got involved:
Age 12 - i ran my first March Madness
ive been tweeting consistently for 5 months now and have gained 1,000 high-value followers from my target audience (sports betting)
they include:
- Betting & Fantasy Sports CEO's
- Top Gaming Journalists
- Extremely Handsome Professional Gamblers
today i am sharing my VERY
fwiw, besides poor ethical judgement, awful understanding of how trading works, and inability to ever get approved for a gaming license, i think Jontay has the tools to be a solid VIP Host
this is one of my favorite gambling industry conversations I’ve ever had…and it’s with a professional gambler…AND for the first time in my life, the entire thing is recorded
my team brought in over $1,000,000,000 in sports bets from new VIP players while i was at
@DKSportsbook
here's why the greatest basketball player of all-time who i love so so very much
@KingJames
won't come remotely close to that as a DK Ambassador💰👇
(did i do that right?☝️)
.
@KingJames
announces that he is officially joining
@DraftKings
.
Per release: "LeBron will help support key football initiatives and tentpole events through content creation, such as weekly football picks, and more."
just met the founder of
@juice_reel
for the first time and my fiance walked by the Zoom call
turns out they’re from same hometown, same grade, and he used to shove her in lockers in Middle School
that’s why im putting a BULL 🐂📈 rating on Juice Reel
also the app is dope
there are many reasons why a VIP bettor chooses their primary sportsbook App these days
UI, UX, payment options/speed, vip host relationship, bonuses, etc.. are obvious ones
but a very common answer from players that's never discussed in boardrooms is, "competitor Sportsbook
1 Inspiring Lesson I Learned Playing Poker With Tiger Woods 🐅
The Scene
back in early 2022 I was fortunate enough to meet my hero
I was in Vegas for the Tiger Jam charity golf event cuz i get to do some cool stuff for work 🐯
and this wasn’t just like a quick “handshake and
really dislike gambling ads that talk about how amazing winning money is
it’s almost always disingenuous
books should lean on excitement, entertainment, & community
those are the good parts of gambling that actually apply to the masses
We've gone from sports betting being acceptable, to it being completely embraced by the industry, to now saying it's literally better than NBA basketball.
You don't have to be anti-gambling to find this kinda sad and gross.
Suits Gonna Suit - Volume 1 👔🤵♂️
having worked at 3 digital sportsbooks I already knew this to be fact
but that MGM commercial is living proof that many of these gambling marketing execs have a terrible pulse on the industry.
I’m not saying they need to be aware of “gambling
finally!
after 15 years in the industry I just successfully taught my Mom what the following Sports Betting terms mean:
- “sharps”
- “limiting”
- “trading team”
I did it by giving her a very detailed analogy of the picture she just took of me ⬇️
The world's No. 1 golfer, Scottie Scheffler, is being booked into Louisville Metro Department of Corrections: He's charged with assault of a police officer, criminal mischief, reckless driving, and disregarding signals from an officer directing traffic
@wave3news
the best way to get an entry level job in digital Sports Betting in the US
...with 0 experience 👇
ive had thousands of calls with this exact demographic over the last decade, mostly 21-26 year olds, and they virtually all rely on 2 selling points:
1. they love sports
2. they
NEWS:
@betr
says it has raised $15M at a $375M valuation. Includes money from existing backer Roger Ehrenberg and Fuel Venture Capital.
As a coincidence. 888 Holdings, which just gave up its
@SISportsbook
license, has a market cap of... $376 million.
Underdog going with Multiplier odds as the default option for the new Sportsbook seems to be the main differentiator
home page layouts def have more of a focus on individual player props too
i like it
if Ippei WAS playing legally he would’ve never been able to run up 40m worth of debt, because he’d have to actually post-up the money, provide bank statements, etc…
I personally don’t have any issue with offshore action, it’s part of the culture, but this story is not close to
"Since launching ESPN Bet, Penn has accounted for roughly 7% of online sports betting handle in the US, according to a note from Citizens JMP Securities."
@sam_mcquill
Whale Talk 🐳 Wednesdays
#2
🐳what are some myths about the biggest sports bettors in the US? 🐳
i was spitballing ideas for this weeks post and found out from
@GarryGates
that there’s a pretty popular tv show called MythBusters
"everyone knows it, you should copy their
most of the biggest legal gamblers in the US have no clue gambling twitter exists.
they think +ev gambling twitter is "some vegan shit" and stands for extra vegetables
we really are in a bubble on here
the story is nuts whether Temple actually point shaved or not
Possible Scenario 1:
- they point shaved
- under legal pressure, and knowing they got caught red handed, go on an incredible 6 game upset run to make the tourney, beating the same team in the final that they threw a
Temple is heading to the American Athletic Conference finals with a 16-19 record, while being investigated for point shaving.
One of the wildest stories in recent March Madness history.
in 2024 im gonna provide more insights and gems about the business side of the digital sports betting world 🌏
today, most sports gambling content is tailored to young gamblers, and I get it - a lot of people want to get rich while simply watching sports and clicking a couple of