About this episode
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. We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge . Show Notes [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? [29:22] Commercials [32:01] What sports are covered? What sports might be covered soon? [34:21] Entertainment and political event markets [36:07] Court-siding [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 Sponsored Links: http://SouthPointCasino.com http://BlackjackApprenticeship.com http://VideoPoker.com/gwae http://Unabated.com Recommended : http://Sho.com/george-and-tammy http://Youtu.be/i0gTo-qpxSI