Danny Funt

speaker

602 appearances 5 recordings 4 series first heard May 2025 last heard 5 Feb

Danny Funt’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 4 in all, peaking in Feb 2026 with 2.

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It just makes you more on the edge of your seat, you know, more locked into the game.

At the same time, they're very explicitly taking advantage of your weaknesses as a fan just to drive up their margins.

So that, you know, as basic as it is, was telling, I thought, of just how this industry works and how ruthless they can be.

Right.

I'm glad you brought that up because there's a lot of ways in which the industry will say there's always been illegal betting.

We've just brought it out of the black market.

Sure, there's some truth to that.

But the online betting industry is a whole new ballgame, partly because just betting on your phone.

95% of this business is now conducted online.

So online betting opens the doors to such more complexity with how you're betting.

And the menu of things you can bet on has just exploded where there are thousands of things you can bet on within a single game.

Parlays are now all some people bet on, especially young people.

The idea that you can combine a bunch of things.

If they all hit, you'll make a lot of money.

You might bet $10 for the chance at winning $300.

You could understand how appealing that is.

But 30% of bets are parlays and about 60% of revenue comes from parlays.

Wow.

They tend to hold, for every $100 you bet, the house holds about $30 in revenue.

The traditional margin for sports betting was like $5 for every $100 wagered.

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