I have two distinct lives. One in the trenches of low-budget film and television, the other in professional gambling. Because of the feast-or-famine nature of show business I need a reliable income... gambling. So here you will read about both worlds. Enjoy!

Thursday, August 18, 2022

Gambling With an Edge - guest Shane Sigsbee

 Our guest this week is Shane Sigsbee.  Shane started a company called "I am a Whale" that backed professional poker players, and then moved into sports arbitrage, and getting down for other pros.

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Show Notes

[00:00]  Introduction of sports better Shane Sigsbee
[00:30]  Shane's background in golf
[01:20]  Betting on golf
[01:56]  Does being a skilled golfer help Shane handicap golf?
[03:07]  Betting on golf
[05:19]  Billy Walters
[06:45]  Transitioning from financing to gambling, backing poker players
[11:47]  Pricing staking deals,
[16:01]  Finding winning players, backing low stakes
[17:28]  Getting stiffed by winning players
[20:10]  Player contracts
[21:55]  Transitioning into sports, moving to Las Vegas
[25:40]  Getting action down without getting limited
[31:10]  Arbitrage, line manipulation, off-shore outs
[33:56]  Betting for clients, beards
[34:47]  Client characteristics
[36:29]  What sports does Shane bet on?
[37:37]  Company size and structure
[38:23]  Super Bowl props
[39:31]  In-game and half-time bets
[40:29]  Buying real estate, Airbnb
[45:01]  Diversification, real estate business
[51:21]  Networking
[52:17]  Bet Bash

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