Rob and Johnny are joined by Matt Metcalf, the former Sportsbook Director of Circa Sports and now the Chief Risk Officer at Mojo. Matt played a key role in shaping the sportsbook industry as we know it and tells all in this in depth interview which dives behind the scenes of the Circa trading room.
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Matthew Trenhaile episode 1 ➡️ https://youtu.be/fAYrhzaiMiM
Matthew Trenhaile episode 2 ➡️ https://youtu.be/U4ucta32frs
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Show Index:
0:00 – Circles Off Ep 184
2:47 –Matt Metcalf’s exposure to betting
8:51 – Pivoting to bookmaking
12:14 - Mentors in the space
14:40 – Charles Barkley betting story
16:59 – Matt’s approach to bookmaking
21:16 - Diversifying market options
25:43 - Price discovery and what it means
30:01 - getting specific with profiling
31:45 – NBA vs NFL handle
33:04 - Betting on uncertainty
34:51 - Playing offense as a bookmaker
41:28 – The reason that lines move
43:32 – Creating “chaos” as a bookmaker
45:46 - Who can beat the Circa market?
51:31 - Does Circa limit liability?
53:01 - Game day moves that consistently lose
57:05 - How far you need to be willing to move a line
1:01:37 - The overlap between trading and marketing
1:08:55 - Would you limit this bettor?
1:25:12 - When Matt would actually limit a bettor
1:30:06 – Where sportsbooks are most vulnerable
1:32:55 – The power of same game parlays
1:37:55 - Building the ideal book
1:44:40 - What’s the “right side” to be on?
1:48:41 - +EV and -EV
2:06:19 - Advice to yourself 5 years ago
If you want more from Rob Pizzola, Jacob Gramegna, and Johnny, check out the rest of their content on www.thehammer.bet
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