May 27, 2024· 52 min

How a Professional Sports Bettor Really Makes Money

Isaac Rose-Berman

Orality

Model

50%

Speaker Breakdown

HostTracy Alloway(2,721 words)

M:94%

HostJoe Weisenthal(2,100 words)

M:94%

GuestIsaac Rose-Berman(6,392 words)

M:28%

Oral Indicators

Agonistic26%

literally, basically, absolutely

Engagement86%

you, our, your

Memory Aids100%

listen, like, now

Repetition100%

know (207x), like (163x), it's (93x)

Parallelism97%

And I'm Tracy Alloway...., But I'm doing the opposite of ..., And, yes, I'm gonna gamble....

Sound Patterns48%

58 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases3%

you know what, i mean

Literate Indicators

Hedging5%

may, maybe, could

Passive Voice6%

was supposed, was when, is injured

Abstract Nouns12%

investment, community, business

Subordination7%

because, unless, until

Sentence Length38%

Avg: 14.4 words/sentence

Word Complexity43%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style14%

1037 personal pronouns found

Descriptive Style94%

apply, really, monopoly

Description

The gambling industry in the US has exploded in recent years, and suffused every aspect of sports consumption. You can bet on who will win or lose just about any game in the world from your phone. In fact, you don't even have to just bet on games. You can bet on how many home runs a player will hit, or how many sets it will take to complete a given tennis match. So how does it all work? Who is setting the lines? Can a user actually make money? And how do the sportsbooks make money? On this episode, we speak with Isaac Rose-Berman, a professional sports gambler and author of the How Gambling Works newsletter. He talks about the tactics he uses to make money, and also how the betting sites make money from their users. We discuss market structure, the societal impact of the gambling boom, and what types of regulations might best curb the more harmful aspects of the industry. See omnystudio.com/listener for privacy information.

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