Our guest this week is Shane Sigsbee. Shane started a company called “I am a Whale” that backed professional poker players, and then moved into sports arbitrage, and getting down for other pros.
We welcome your questions – send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.
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[00:00] Introduction of sports better Shane Sigsbee
[00:30] Shane’s background in golf
[01:20] Betting on golf
[01:56] Does being a skilled golfer help Shane handicap golf?
[03:07] Betting on golf
[05:19] Billy Walters
[06:45] Transitioning from financing to gambling, backing poker players
[11:47] Pricing staking deals,
[16:01] Finding winning players, backing low stakes
[17:28] Getting stiffed by winning players
[20:10] Player contracts
[21:55] Transitioning into sports, moving to Las Vegas
[25:40] Getting action down without getting limited
[31:10] Arbitrage, line manipulation, off-shore outs
[33:56] Betting for clients, beards
[34:47] Client characteristics
[36:29] What sports does Shane bet on?
[37:37] Company size and structure
[38:23] Super Bowl props
[39:31] In-game and half-time bets
[40:29] Buying real estate, Airbnb
[45:01] Diversification, real estate business
[52:17] Bet Bash