The Risk Takers Podcast

Huge day - we get Pads (https://x.com/padadiso) to come on his first podcast ever! Pads is one of the most successful bettors of the post-PASPA era, making most of his money live betting on sportsbooks and now exchanges. He talks live betting, joining discords, doing terrible things to Fliff and why it's almost impossible to replicate his edge. Thank you to Pads for coming on and thank you all for your questions! 0:00 Intro to Advantage Play 9:10 Joining Discords, Buying Tools and Con...

Today we share the biggest lessons we have learned from posting liquidity on exchanges and taking bets. GP has some more empathy for sportsbooks in some spots and none in others while SP is shocked with how few people have an opinion in today's sharp betting ecosystem. 0:00 Things We Learned Posting Liquidity 39:10 DK/FD Go for it on PMs 50:00 Kalshi on PrizePicks & other news 1:08:00 Listener Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling...

AP of 50+ years, host of Gambling with an Edge and author of Gambling Wizards - Richard Munchkin (https://x.com/RWM21) joins the show. From his start as an AP in old Las Vegas to the end where he shares the most...interesting(?) Bayesian update, this episode is a ride. Richard's story telling is unmatched in the industry - and he has a career of professional gambling to draw content from. We talk about his early days, and what he's doing now with regards to sports betting and other casino gam...

We talk about why good gamblers bet too little in big spots, plus Polymarket coming to the US with low fees & why GP is on an anti-courtsiding tirade. We also give our take on why dating sites are like betting markets - and how to avoid adverse selection there. 0:00 Intro 1:15 Sizing Up 32:00 News/Scandals/Fees 1:00:45 Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting e...

Today we are joined by Isaac (https://x.com/Ias0801) to talk about his path to pro betting right out of college. He shares stories about how he cracked the madden sim betting market during covid, texted correlated parlays to his bookie (that got accepted) and his work now in the MLB and CBB. Enjoy! 0:00 Intro/ Early Advantage Play 8:00 Finding a Holy Grail Spot to Start Sports Betting 21:45 How to Start Betting your Own Numbers 38:20 Specializing in MLB & CBB 57:00 Decision to Go Pro ...

We had so many good questions we had to pivot from our main topic to do a multi-part Q&A/News episode. The first part of the podcast is questions that involve strategy around winning (and not getting crushed) on exchanges. Then news with the Kalshi outage and some other noteworthy items. And finally a mixed bag of questions at the end. 0:00 Intro 2:00 Prediction Market Power Hour 56:20 News 1:27:20 Mega Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor Joh...

You heard about him in Shippers episode. The person who leveraged a friendly VIP host and square looking action into a $400k win at PointsBet - a notoriously tight-fisted book. This week we welcome on the man, the myth, the legend Maple (https://x.com/maple420069) onto the podcast to talk about soft-book war stories and his evolution onto exchanges. Can't miss episode! 0:00 Intro 1:45 Intro to Advantage Play 11:20 SGPs Before They Were Cool 20:50 The PointsBet Story 42:10 $2M MMA SGP Bad Beat...

This episode SP and GP go over a few of the betting projects they started building that never came to fruition. The news is dominated by prediction markets - with a breakdown of the parlay product that Kalshi is offering. And we hit a few listener questions at the end! 0:00 Intro 4:00 Failed betting projects 38:00 News 1:26:00 Listener Questions Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the b...

This episode we have on a true legend in the space, Ant DeRosa. Ant worked as a trader at some of the sharpest offshore books before switching sides of the counter and building one of the most successful betting groups currently operating. From dealing with line manipulation to the details behind finding alpha live that you won't see on an odds screen, this has it all. We even get dragged into talking about the ethics around angle shooting and where the line is at the end! This is a can't mis...

This week we debrief on some of the most important, common threads that ran through our interviews with our recent guests. Why are the vibes based approaches not that far from the data driven? Is anyone really a specialist? Why did three guests say no one can get more out of an account than them? All of this plus news and Q&A - Enjoy! 0:00 Intro 2:30 Account Maxxing as a Superpower 10:20 Operations Over Everything 18:30 Specialist or Generalist? 25:00 Model Doesn't Need to Be Complicated ...

Today we have on at times one of our harshest critics and at other times our biggest cheerleader, The Shipper (@shipthejustice on Twitter) Shipper is that rare person who was successful as a trader at a book and then as a professional bettor. This experience makes him one of the go to experts on the topics of account longevity, priming, and maxing account value. This episode he presents a compelling case for why you should have a poker-style bluffing strategy for betting, talks on why the ret...

SP says that there may be nothing more predictive of whether someone is a winning bettor than how diligently they track their bets. Is tracking your bets a magic pill that makes anyone profitable? It's not magic - but there are a lot of alpha generating benefits of tracking that go along with the important accounting hygiene and performance measuring. 00:00 – Why Track Your Bets? 05:00 – Taxes & Record Keeping 07:00 – Performance Measurement 16:00 – Alpha ...

This week we interview a man who wears many hats. TV Star, Tennis Bettor, and Author Isaac Rose-Berman. You may know him from the CNN gambling documentary, you may know him as roundrobin42 on twitter, or you may have seen him on Circle Back. But on this show we go deep into his betting first - learning a lot about betting tennis on the way. After that we have a discussion on news/ industry topics where one person (Isaac) actually knows what he's talking about. 0:00 Intro to Advantage Gambling...

Regardless of if you think we are in a simulation or not - there is no denying that simulations can make you money sports betting. GP & SP breakdown what a simulation model is, when you should use it, and how you can get started with your own sim this sports season. We get a little technical early - but don't worry, we get really un-technical in the news and Q&A (ending with an actual discussion about sports). 00:00: Intro 02:00: Simulations vs. Models in Sports Betting 50:00: T...

We are joined by Casino AP turned Sports Bettor Dan aka Dr. Plop. Dan talks to us about getting into advantage play by multi-accounting Instacart signup bonuses. Then his journey continues through blackjack, slots, churn plays and finally ends up at "about 70%" sports betting. Dan now runs a team of 4 that at any moment could be sitting at an electronic horse racing machine or betting six-figures on sports. Like a degen Oceans 11! Follow Dan on Twitter: https://x.com/DrPL0P 00:00:45 – Insta...