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
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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
