About this episode
Circles Off welcomes Director of Risk at Circa Las Vegas, Chris Bennett (@BetChris), to the show! On this episode, Rob, Johnny, and Chris discuss: Managing a Sportsbooks Risk What it takes to move lines Day in the life of an oddsmaker What differentiates Circa Sports from other sportsbooks & Much More SportsBetting #betstamp ON TWITTER... Follow CirclesOff @CirclesOff Follow Chris Bennett @BetChris Follow Rob @RobPizzola Follow betstamp @betstamp SHOW INDEX: (00:00) Intro (00:58) Chris Bennett's Background (05:04) Day-To-Day Responsibility of a Risk Manager (13:04) Do books use other books to determine odds? (14:48) Circa Openers (NFL/NCAAF) (18:14) Proactive vs Reactive bookmaking (22:11) Validating Your Own Opinion (24:46) Are books trying to balance the action? (33:49) Why Circa Doesn't Limit Players (38:59) How closely does Circa look at props? (40:54) How trading teams react to news (48:50) Closing Line Value (1:02:03) Will sportsbooks shift to allow sharps? (1:13:57) Advice to Previous Self Learn more about your ad choices. Visit megaphone.fm/adchoices