Danny Funt
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, even though, as you were saying, some of the predatory tactics the industry uses have been covered.
I think there are certain details I was able to find that will blow people away, particularly things that people within the industry admitted, saying their advertising is untruthful.
They're suggesting that you can win, but you can't.
That was from the former CEO of FanDuel.
Yeah.
Another high up at FanDuel told me that the way that parlays just annihilate customers reminded him of when he was a military contractor helping warships be more lethal.
And he sort of had ambivalence about, you know, he wants to help FanDuel make money, but is destroying customers at that rate really the right thing to be doing?
So a lot of revelations from all sorts of people around this field, but I'm particularly proud that
So many people within the industry wanted to speak up for this book.
Right.
So as much as the house always wins is such an axiom of the gambling business, there's something about sports betting where you think, I know my team or my league better than whoever's setting the odds.
I can outsmart them.
And the advertising from these companies totally reinforces that.
It's so on the nose that they're saying betting on sports is a way to make money.
Surveys of customers back that up.
And yet it goes beyond the house edge.
I remember speaking with someone who was an executive at a company that builds these micro bets.
So nowadays you can not only bet on who's going to win or even prop bets, like how many touchdowns will my favorite quarterback throw, but literally every play has become an opportunity for betting.
Will this play result in a score or not?
Things like that.