Our guest this week is Alex Kane of Sport Trade. Sport Trade is a betting exchange run very much like a financial market. rather than betting with a bookmaker, players bet against each other. Currently they are only available in New Jersey.
[00:00] Introduction of Alex Kane of Sporttrade
[00:44] Alex’s educational and sports betting background
[03:12] Betting exchanges versus bookmaker models
[06:47] Sporttrade commissions, Betfair’s commission policy
[09:10] Algorithmic betting
[10:42] Can participants create their own market on Sporttrade?
[15:51] What is the average hold on a recreational bettor on Sporttrade?
[17:18] Prop bets
[19:39] Liquidity providers
[23:10] In-game odds, DeckPrism Sports
[26:41] How are liquidity providers getting their data?
[32:01] What sports are covered? What sports might be covered soon?
[34:21] Entertainment and political event markets
[42:18] Sport trade user base and growth
[46:33] Technology, delays, connectivity
[50:27] Price discovery
[52:58] Contacting Alex at Twitter.com/A_Kane47
[53:30] Recommended: George and Tammy on Showtime, wearing headphones while playing, Blink of an Eye