The Risk Takers Podcast

SP and GP go through all of the software they are currently using in the prediction market trading and why they think it's useful. News is spicy with the incorrect settlement of the Mich/WMU that lead to absolute chaos on Kalshi and the long downtime of Poly US on the first college football saturday.

0:00 Tech Stack
30:30 College Football PM Chaos
1:12:28 Underdog Announcement
1:23:15 Listener Q&A
Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.
Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013

GP & SP sit down with Richard Lee - a PM trader that came a different route than most of our guests. Richard built his trading firm before PMs as a market maker of meme coins back in the 2017 crypto boom. After that he tried to build his own prediction market, before deciding the better decision was to just trade on the existing ones.

0:00 Intro to Advantage Play
11:00 Crypto Market Making
33:45 Transition to Prediction Markets
1:13:00 Listener Q&A
Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.
Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013

GP and SP start the episode off by listing 6 things they are focusing on for NFL this year on prediction markets. Then they get to the news - which includes Kalshi putting RFQ maker fees on and ETR & Rufus taking some public projections/ models private for use on prediction markets.

0:00 Keys to NFL on PMs
22:30 News
47:00 ETR & Rufus go Private
1:08:45
Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.
Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013

In this episode we are joined by high stakes cash/ tournament poker player Lewis Spencer. We talk to Lewis about his path to playing in the biggest poker games/ tournaments: what it takes to win, how the game has changed with AI, and the state of the poker economy today.

Then Lewis walks us through what skills have been transferrable to his prediction market trading - and how he is approaching finding edge using his experience beating the highest stakes poker games. Plus an epic Isildur1 story at the end that I don't think has been told yet!

0:00 Start in poker
47:30 Transferring Poker Skills to Prediction Markets and Sports Betting
1:14:40 Current PM trading
1:38:30 Listener Q&A 

Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.
Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013

GP and SP recap their experience at BetBash including the live podcast. Then we clear a backlog of the most important news topics and make a case for recreational gambling.

0:00 BetBash Recap
40:30 News
Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it.
Follow SportsProjections on Twitter: https://x.com/Sports__Proj
Follow GP on Twitter: https://x.com/goldenpants013