The Risk Takers Podcast

70:04

Big Picture Thoughts on PM Trading & SP Hot Take...

The Risk Takers Podcast ·

2026/10/07

This week GP and SP get deep on questions about morality and if work life balance even is real. Then we discuss injury protection coming to PMs! 0:00 - Introduction 3:30 - Learning To Be Content With Performance 22:05 - The Morality and Ethics of Sports Betting 38:28 - This Week in Projection Market News 54:59 - Web Scraping & Terms of Service 58:04 - Explaining How Strikeout Markets Make Money 1:02:25 - Preventing Chasing Bets Into Addictions Welcome to The Risk Takers Podca...

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143:18

Running a Prediction Market Giant w/ Head of...

The Risk Takers Podcast ·

2026/09/30

Join the Predictions Cup: https://predictionscup.com/ Today we are joined by Ric Best, who runs one of the biggest prediction market desks in the world - Susquehanna Predictions. If you have ever wanted to get a peek behind the curtain on how the big boys operate, this is your chance. Please consider joining Susquehanna's Predictions Cup - a prediction market contest for students that carries a $30k top prize! 0:00 Ric's background 15:32 Betting on prediction markets 36:15 Building the ...

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134:42

Hot Takes III & Kalshi Crypto Drama | Ep 173

The Risk Takers Podcast ·

2026/09/23

In this episode - GP & SP drop some hot takes. GP thinks his are actually hot takes this time. And a big news week that includes the Kalshi wash trading allegations, Polymarket & DraftKings in the news for the wrong reasons and the bizarre ACR withdrawal terms that locked up customer funds. 0:00 Hot takes 35:30 News 1:15:00 Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best bet...

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122:57

Miss Brown's Guide to Casino AP Moves w/ Gina Fiore |...

The Risk Takers Podcast ·

2026/09/16

Pre-Order "Advantage Player": https://www.penguinrandomhouse.com/books/826945/advantage-player-by-gina-fiore/ This week GP and SP sit down w/ Gina Fiore, one of the most prolific winners in the history of advantage play. Gina has won counting cards, hole carding, edge sorting, playing slots, poker, sports, casino bonus play and other moves across a successful AP career. A career so interesting that HBO is making a show out of her memoir "Advantage Player" that is being released next month. Pl...

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125:32

Our Current Tech Stacks for Trading & Kalshi WMU v....

The Risk Takers Podcast ·

2026/09/09

SP and GP go through all of the software they are currently using in the prediction market trading and why they think it's useful. News is spicy with the incorrect settlement of the Mich/WMU that lead to absolute chaos on Kalshi and the long downtime of Poly US on the first college football saturday. 0:00 Tech Stack 30:30 College Football PM Chaos 1:12:28 Underdog Announcement 1:23:15 Listener Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (Gol...

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97:22

Why Trading on a Prediction Market is Better Than...

The Risk Takers Podcast ·

2026/09/02

GP & SP sit down with Richard Lee - a PM trader that came a different route than most of our guests. Richard built his trading firm before PMs as a market maker of meme coins back in the 2017 crypto boom. After that he tried to build his own prediction market, before deciding the better decision was to just trade on the existing ones. 0:00 Intro to Advantage Play 11:00 Crypto Market Making 33:45 Transition to Prediction Markets 1:13:00 Listener Q&A Welcome to The Risk Takers Podcast,...

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121:29

What Will Be Important in NFL This Year & Private...

The Risk Takers Podcast ·

2026/08/26

GP and SP start the episode off by listing 6 things they are focusing on for NFL this year on prediction markets. Then they get to the news - which includes Kalshi putting RFQ maker fees on and ETR & Rufus taking some public projections/ models private for use on prediction markets. 0:00 Keys to NFL on PMs 22:30 News 47:00 ETR & Rufus go Private 1:08:45 Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This p...

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131:50

High Roller Poker Player Takes on PMs w/ Lewis...

The Risk Takers Podcast ·

2026/08/19

In this episode we are joined by high stakes cash/ tournament poker player Lewis Spencer. We talk to Lewis about his path to playing in the biggest poker games/ tournaments: what it takes to win, how the game has changed with AI, and the state of the poker economy today. Then Lewis walks us through what skills have been transferrable to his prediction market trading - and how he is approaching finding edge using his experience beating the highest stakes poker games. Plus an epic Isildur1 sto...

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92:03

BetBash Recap & The Death of American Odds | Ep 167

The Risk Takers Podcast ·

2026/08/12

GP and SP recap their experience at BetBash including the live podcast. Then we clear a backlog of the most important news topics and make a case for recreational gambling. 0:00 BetBash Recap 40:30 News Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education available - PERIOD. And it's free - please share and subscribe if you like it. Follow SportsProjections on Twitter: https:/...

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77:51

Building an Institutional Sports Market Maker w/...

The Risk Takers Podcast ·

2026/07/29

On this episode we are joined by Henry Kerins - CEO of Manhattan Athletic Group and one of the earliest employees at NoVig. MAG spun off of NoVig as an internal trading team and now trades almost every sports market across multiple venues. This is a must listen for those building their own trading operations in the space! 0:00 Intro 50:15 Listener Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast...

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140:37

World Cup, NFL Predictions, State of Industry &...

The Risk Takers Podcast ·

2026/07/22

This week we have a Q&A extravaganza. 42 questions were asked on Twitter - and we get through all of them besides 2 golf questions that one of the hosts decided to cut out (not naming names). News includes someone gaming the mysterious world cup PM sponsor, ADI Predictstreet & an ice cream shop "hedging" on Kalshi. Substack Mentioned: https://pmpulse.substack.com/ 0:00 Q&A Round 1 52:15 News 1:24:30 Q&A Round 2 Welcome to The Risk Takers Podcast, hosted by professional spo...

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127:45

"The Most Pure Form of Betting" Horse Racing w/...

The Risk Takers Podcast ·

2026/07/15

This week we are joined by professional horse bettor Dennis Montoro (https://x.com/dennycaps1) about all things horse betting. Denny explains why getting a good fair is only one of the important modeling problems in horse racing and a lot of general advice on how to win at peer to peer games. 0:00 Intro 15:30 Pari-mutuel Betting 51:00 Rebates & CAWs 1:14:10 Modelling Horse Racing 1:37:00 Listener Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilli...

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110:57

Non-Technical Traits All Top Bettors Have & ENG v....

The Risk Takers Podcast ·

2026/07/08

The news almost becomes the main topic in this episode, where GP and SP breakdown the record breaking England v. Mexico World Cup game that did most likely over a billion dollars of volume between all markets. The main topic is a look into what non-technical traits are near-universal amongst top bettors. 0:00 Traits of Top Bettors 28:30 News 1:11:00 Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podc...

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116:55

Sharp Taker EvenSteven Talks About Maxing Efficiency...

The Risk Takers Podcast ·

2026/07/01

Today on the show we are joined by EvenSteven (https://x.com/evenstevengg) - a sports bettor with seven-figures of profit on prediction markets. Steven talks about why most top down bettors shouldn't try to originate or market make, how to analyze live trading data to find edge, and what is the most important skill a live taker can have. 0:00 Sports Betting 30:30 Prediction Markets 1:10:30 Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (Golden...

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133:53

World Cup Betting Including GPs Biggest Loss of All...

The Risk Takers Podcast ·

2026/06/24

This episode SP and GP get into the first World Cup on Prediction Markets. The insanity of this world cup has surpassed our wildest expectations and we discuss what makes it unlike anything we have ever seen before. Big news and a lot of questions follow - enjoy! 0:00 First World Cup on Prediction Markets 36:00 News 1:04:30 Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting edu...

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111:19

From DFS Crusher to "Fantasy Football for Rich Kids"...

The Risk Takers Podcast ·

2026/06/18

Today GP and SP talk to James Gettinger, founding partner of Gutter Capital - one of the top preforming VC funds in the world. Why is James on our podcast you might ask? Well, before venture capital, James was one of the most profitable Daily Fantasy Sports players of all time. He pioneered contest simulations and was a first mover in many strategies that now are common amongst the best players. That ability to make the plays conventional wisdom says are stupid not only made him millions in D...

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126:55

Dead Bottom-Up Edges and SPs Triumphant Return | Ep 159

The Risk Takers Podcast ·

2026/06/10

First we welcome SP back to the podcast and he shares some exciting life news that explains his absence last week. Then SP and GP both give an example of an originating edge that they had at some point - not shocking that the "sports" are Golf and League of Legends. Big news week and some great questions follow. 0:00 Dead Originating Edges 33:10 News 1:17:30 Questions Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProje...

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141:45

Who Does AI Help in Sports Betting (PeanutBettor...

The Risk Takers Podcast ·

2026/06/04

This week SP is AFK so we get Mr. PeanutBettor to sub in as a guest host. We cover who we think will be most helped by AI along with a lot of news and great questions. Clearly SP holds the show together because this went off the rails and became the longest episode yet. 00:00 AI in Sports Betting 40:30 News 1:13:30 Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and SportsProjections. This podcast is the best betting education a...

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145:34

What Sportsbooks Can Teach You About Market Making &...

The Risk Takers Podcast ·

2026/05/27

This week we kick it off with some lessons we learned retroactively from sportsbooks after we started market making on prediction markets. Then we cover the news - including the Matt Kalish v. Kalshi saga that is still going strong 2 weeks in. Then we hit one of the longest Q&As in history to clear our backlog of questions! 0:00 What Sportsbooks Got Right 25:30 News 1:14:00 Q&A Welcome to The Risk Takers Podcast, hosted by professional sports bettor John Shilling (GoldenPants13) and ...

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112:06

Why the Edge in RFQs isn't the Pricing w/ TroyCuban |...

The Risk Takers Podcast ·

2026/05/20

This week SP and GP are joined by Troy (https://x.com/troycuban) to talk about how he has made over $700k on Kalshi this year despite never originating a bet in his life. Troy is slightly different than our typical guest (only slightly) in that he comes from a traditional finance background and now only does RFQs full time. This could be the deepest dive recorded into the most important market on Kalshi! 0:00 Intro to Sports Betting 29:00 Everything RFQs 1:19:00 Listener Q&A Welcome to ...

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