00:08 - Rob Pizzola (Co-host)
welcome to circles off episode number 57. I'm rob pazola, joined by johnny from betsnap. What's up? 

00:18 - Johnny Capo (Co-host)
suffering from allergies today. 

00:20 - Rob Pizzola (Co-host)
Yeah, I knew, I knew you were gonna bring that up the. 

00:24 - Johnny Capo (Co-host)
The allergy season is in full effect here. If I go golfing next day, regardless of taking any allergy pill, just get ko'd for like a for an hour, my sneeze and stuff. But it is what it is yeah, the love of the game. 

00:38 - Rob Pizzola (Co-host)
I could tell you were suffering a little bit today the way you were walking around, a little bit antisocial today You're usually more social. But I do want to say we golfed yesterday, myself and Johnny Both put in great rounds, by the way, banger rounds. I think both are lows for the year. 

00:56
Yeah so far, so far. But we were forced to walk the course yesterday, which Does not make Johnny happy. And when I say we were forced to walk the course yesterday, which does not make Johnny happy, and when I say we were forced to walk the course, I showed up to the course earlier like I usually do try to putt a little bit whatever and I saw no power carts outside. Power had been out for a few days, so it was just the pull carts. 

01:23 - Johnny Capo (Co-host)
Well, we had a big storm here, like a windstorm, which knocked the power out, uh, of a couple locations, um, and it's been slowly just getting it back over the last couple days. So, yeah, that particular course that we played had no power. I actually walked in to the clubhouse. He was like an early morning round. I walked into the clubhouse just to check in. I said here we go. I noticed he wrote my name down on a paper. 

01:47
The sun was coming up, I couldn't really tell, there was no lights on in the thing, but because he's he had his computer behind the desk um, he wrote my name on a paper which I thought was a little weird, like why is he not checking me in on on the system? And then I was like, um, so can I grab a key for a cart? And and then the guy was just like ha, buddy powers out, couldn't charge him, you're walking today. I said, oh my God, grab the one of those pull carts. I hate walking, the course. I hate it, man, especially, especially in allergy season, cause like I'm just walking just straight kicking through dandy lions. 

02:23 - Rob Pizzola (Co-host)
No, I'm not like. 

02:23 - Johnny Capo (Co-host)
I'm not the best golfer. 

02:24 - Rob Pizzola (Co-host)
Listen, I'm just saying, yeah, we spray the ball. 

02:26 - Johnny Capo (Co-host)
The course is kept well, but I'm not the golfer who's putting it like right down the pipe every time. Like you know, oftentimes playing a little left might be in rough still in play, but I got to go through those dandelions, and not the best. 

02:46 - Rob Pizzola (Co-host)
I course. In the morning I also walked into the clubhouse. I'm like, hey, buddy, no, no carts. The guy's like no power, no carts. No, tim hordens. I'm like, oh man, you couldn't even get a coffee. He's like, no, no, tim hordens. Tim's is out of power. Immediately. I'm thinking in my head I'm like johnny's gonna be so upset when he gets here because not only is he not gonna be able to take a cart, but he's definitely hitting that Tim Hortons by the course and there's no way he's gonna be able to get a coffee. You know, I did hit that. 

03:12 - Johnny Capo (Co-host)
I didn't even tell you. I went to the Tim Hortons and there was like a line of two people in the drive-thru and I was just like, oh, perfect, it's open. And then I went there and then there was a sign there saying like power outage. And there was definitely no power inside the dim hortons. I'm like rolled down the window and there was a guy in the drive-thru. I'm like hey, is it open? Like he's been waiting there. He's like yeah, and then I waited there for a bit and then I that guy was just didn't know what he was talking about. Dude, it wasn't open. No, he was waiting there for nothing. Like there was a. There was signs like pat, we're experiencing power outed, should be back. And I think they they did open it up later that day. Um, but yeah that that timmy's was out. I went straight ue back out to the course. No, coffee had to walk, the full course was. It was a nice day though yeah, yesterday was beautiful I. 

04:07 - Rob Pizzola (Co-host)
So last year there was a day where it rained in the morning and we were playing in the afternoon and it was a cart path only day. I'm like I'm not taking, I don't. I hate cart path only because I spray the ball everywhere too, but normally my miss would be like a slice. I'm right-handed golfer. The cart paths on this. Our home course is usually on the left. I'm like I'm not running across the fairways with four clubs in my hand, get my distance or whatever. I'm not doing this. So I show up at the first tee with my pull card. Johnny's there. He's like what the hell are you doing? I'm like I'm walking today. He's like I will seriously go home. I'm not playing with you. If you're walking, you're going to slow everything down. I'm like it's cart path only man, we're going to be running all over the place. It's going to be a disaster. He's like I'm telling you right now, go and get a cart or I'm going home. You have an option you could play alone or you can get a cart. And, by the way, these are COVID rules. 

05:02
We couldn't share carts at the time. So I'm like all right, I went and got a cart that day when we were done. You did admit to me You're like you know, maybe we could have walked. It was really slow with the carts. But yesterday we tee off First hole. Johnny's drive goes left, very visible Like from the tee. We knew where it went, like you could. It was just an apache rough on the left. But we're all me, johnny and his brother are just walking around looking for this ball and we can't find this ball and he is so triggered from the walking he's like this is so stupid. We're walking around, we can't find anything. A ball could be anywhere. If we had a cart we could drive around and whatever it did. Take us a while to find the ball but we found it. 

05:47 - Johnny Capo (Co-host)
It was just like tucked under the road. It wasn't even like in a bad area no, no, right there, I do get a cart. Yeah, you just drive right up quick. You get a nice look, you be back. Oh there, it is right there. When you're walking, you're just like you can't even cover ground I get. 

06:01 - Rob Pizzola (Co-host)
I love walking the course, I love walking you can never play with johnny by hole number three you didn't even like walking that course it's at least level. 

06:13
It's at least level. It wasn't too bad. Listen, my preference is not to walk, but if it's path only and it's it's a level course, I'll consider walking and also like I don't mind walking. This is not my preference. But by hole number three, johnny here is like damn it, I just cleaned these golf shoes. I just washed these shoes. I'm walking through all this grass. I'm like dude, they're golf shoes. Man like he's like I, I just cleaned, I just cleaned these shoes. He was miserable the first, like four or five holes. He's miserable, but we got to like hole 15 or 16. He's like Rob. I'm gonna be honest with you, I actually kind of enjoyed the walk today it's like I got some good exercise it's a nice day. 

06:57 - Johnny Capo (Co-host)
I kind of I he's like I'm feeling it in my legs a little bit, but I actually kind of did enjoy walking like I'm not used to walking the course, but in no means am I in like bad shape or anything like that. It's like more like just your feet kind of hurt a little you're. You're on your feet all day, like golf. Shoes are not the most comfortable walking shoes uh, they have the cleats in them obviously, like they're not. They're not the best for walking, but anyways, I'll never walk again unless I have to, because I don't golf for the exercise. Golf is not an exercise for me. 

07:27 - Rob Pizzola (Co-host)
I get it Same with me, although I've played my best rounds when I walked. I don't know why that is, I really don't know, but I will say it's going to sound sad to people out there but I kind of felt it in my legs last night a little bit when I was at home. Tonight I'm like ah, you know my legs are. You do a lot of walking. You don't really realize how much you're doing over the course of four hours, but I'm fine with it overall. I'm not as anti-walk as you are. 

07:51 - Zack Phillips (Other)
I think I have a theory for why you play better when you walk. You don't rush Like when you're in the cart. You're like get to the ball, hit the ball, go. When you walk, you're like you there looking at things as you're approaching the ball, like you're coming up to it, you kind of get maybe just subconsciously getting a read on it. Then you get up there, hit the ball, make your way on to the next one. You're not like just flying through the round. 

08:13 - Rob Pizzola (Co-host)
You want you want to hear a very funny story. Adam churn off, friend of the program um, we had. We had him on circles off earlier this year. He was going to be be in Toronto for the launch of sportsbooks on April 4th regulated gaming and we were trying to set up some sort of golfing thing with him if the courses were going to be open. They weren't at that time, but Adam is a notorious walker of the courses and Johnny was just like dude, we have to get this guy in a cart. Like there's no way I'll play with this guy but there's no way we're gonna play and let this guy walk with us. 

08:52 - Johnny Capo (Co-host)
Like that's a foul for me, like you can't if there's. This is why I don't want to walk, like if you're all walking, fine, right, you're playing the same pace, and sometimes if you're behind another group, like the cart is speeding you up, and then basically you just end up waiting in the tee box, shoot to shake, grab a beer, whatever. It's fine, but I'm not playing rounds where one guy is walking and three guys are in the cart, and then I just got to deal with this one guy and then midway through the round he's like oh, let me put my bagging, my cart now. Now I got to drive. No, no, no, no, no, no. This is it, like it's done. I'm not, I don't do that, I'm playing. I'll be like okay, you go play ahead. 

09:30 - Rob Pizzola (Co-host)
Play a solo round. I swear. When I told Johnny that Chernoff always walks and refuses, it looked like he saw a ghost. He's like dude. No, no. 

09:46 - Johnny Capo (Co-host)
We're, no, no, we're getting this guy. Golf is not an exercise. Like you can't walk in a golf course, it's. There's not a workout for the day. I enjoy golf as a nice fun thing where I could go and sit down in a cart and, like you know, that's personal, though it's personal preference so so what I like about the cart is I can buy multiple beers at once and with the pull carts you just got the one slot. 

10:06 - Rob Pizzola (Co-host)
You know that's I and I enjoy. I enjoy a good, a nice cold brew when I'm golfing in the summer. I think that I think I play better when I drink I'm buying two new hybrids right now. 

10:17 - Johnny Capo (Co-host)
No, you're not. 

10:18 - Rob Pizzola (Co-host)
Yes, I am no, you go get fitted, at least if you're gonna buy clubs clubs. 

10:22 - Johnny Capo (Co-host)
Buddy, I'm too, I'm trash, I can't get fit. 

10:24 - Zack Phillips (Other)
I'm too trash to get fitted. You have to get fitted. It's a waste. 

10:28 - Johnny Capo (Co-host)
It's a waste, my swing is not even good, though. It doesn't matter but you have a style of I'm going to get fitted for a swing. That's not a good swing. 

10:35 - Rob Pizzola (Co-host)
I understand, but are you going to fix your swing this year? 

10:39 - Johnny Capo (Co-host)
I might that last year too. 

10:40 - Rob Pizzola (Co-host)
I might take winter lessons next winter okay so maybe then you don't buy a hybrid now and you just wait yeah, don't. 

10:47 - Zack Phillips (Other)
Don't do this, don't what? What's wrong with your? Hybrids are good. Don't just impulse. 

10:51 - Johnny Capo (Co-host)
I don't have a three. I have a sim mac. I have the sim. I don't have it. I'm gonna buy the sim max one. I heard bad things about the sim max two. I have the old. 

10:59 - Zack Phillips (Other)
I have the sim max one I agree, I got fitted for them. 

11:02 - Johnny Capo (Co-host)
I'm at the sim max three and four hybrids no, I agree with rob here. 

11:07 - Zack Phillips (Other)
There's no problem with buying these things. But if you're going to do it, wait until you've decided you're going to work on it and then go get fitted after the fact or go get fitted now. Exactly either way get fitted, get fitted regardless. 

11:18 - Rob Pizzola (Co-host)
Like you have a certain swing speed, you have a certain swing type, stop so you might attack the ball steeper or whatever, like you know and you play enough. You play enough that it's worthwhile all right, where do I go again? Listen, get you, don't have to walk with with me again this year. Where do I? Get fitted, I'll set you up yeah, we'll set you. 

11:37 - Johnny Capo (Co-host)
You know a guy yeah, I do actually. You know a guy. Who knows the guy? No, I know he knows a guy directly that doesn't know a guy all right, we're gonna we're gonna move on here. 

11:45 - Rob Pizzola (Co-host)
We do have another guest this week. Uh, he is a friend of mine, although we had some interesting butting of heads year, years ago. My first, one of my first experiences with this guy was I was an influencer for odd shark, which is an offshore affiliate, and I used to go out to an event in vegas every single year and promote Odd Shark. This was years ago, probably about a decade ago and one day we were at the Westgate in Las Vegas and the Odd Shark staff came up to me and they're like there's some crazy guy in the sports book who's just yelling at everyone who has an Odd Shark shirt on, calling them a scumbag and whatever. And I'm like oh, oh, maybe, like you know who this is. They're like oh, it's just some, some nut job. 

12:34
I go down to the casino. It's our guest, jason weingarten. You can follow him on twitter at spreadopedia. He is a pro sports better he he's a contributor for V-CIN and I think he does get a bad rap because he's very animated on some things and also we're going to talk about this, but he is one of the best, if not the best Mexican baseball better of all time. 

13:01 - Johnny Capo (Co-host)
History In history. 

13:04 - Rob Pizzola (Co-host)
Jason, welcome to Circles Off. It's great to have you. Thanks for having me. What's going on? All right? So, uh, obviously people have seen you on this platform before um circles off alumni from the super bowl special. But uh, you know, we were pretty rapid fire on that edition of the episode and just going bang, bang bang through a bunch of different picks and no one really got to know the story behind Spreadopedia, jason Weingarten. So for those who are seeing you for the first time or may not be familiar, just give us some of your personal background and how you got involved in the betting space. 

13:37 - Jason Weingarten (Spreadapedia) (Guest)
So I've been betting now 2020. I'm doing this pretty regularly now for probably about 12 plus years, probably closer to 15. I started when I was in college. It wasn't a particularly good better at first. Took several years to kind of understand what I was doing and get to a point where I could even start to make money. Then it took even longer to make real money. But, yeah, basically got into football first, spent several years doing football stuff. 

14:15
Then I ended up getting chicken pox at some point as an adult and that got me into baseball because I was kind of stuck at home and couldn't do anything for a month. So I learned a lot about sabermetrics and a lot of the stuff I had missed the last couple of years this was, I want to say, like 2012, 2010,. Somewhere around there I got chicken pox. I went to a tool concert in San Diego, so whenever they were playing in san diego, um, back then that's when I got chicken pox. But that led to uh, uh, the whole learning baseball and I I recovered. 

14:56
I ended up going to sloan that year I think, rob, you might have been there that year um, whole bunch of people were there was like the first year. All the gambling people were really at Sloan. I came at the last minute. I didn't even have a ticket to Sloan, I just used my old badge. I figured they wouldn't notice. They didn't, so I met a whole bunch of gambling people there. I got my first real gambling opportunity out of that and the rest is basically history. 

15:23 - Rob Pizzola (Co-host)
That's very interesting. Out of that and rest is basically history. That's very interesting, um, the first thing that resonated with me is that your story is very, very similar to that of joe pita um, who is I. I, you know, I read his book trading bases and he didn't get chicken pox. But he got into a car accident and he was a wall street trader and he was just forced to be at home every day and he just was watching afternoon baseball and took a liking to it and said I'm going to figure out how to apply like a lot of the Wall Street you know modeling that I do to baseball. So it's kind of weird sometimes how, just like a random thing, like going to a tool concert and getting chicken pox, sets you into this like course of or this path of life that you probably would never would have found had that you know situation not what is that? 

16:12 - Johnny Capo (Co-host)
the butterfly effect or something? Yeah, I haven't seen that that movie. 

16:15 - Rob Pizzola (Co-host)
It's before my time, but it's a good thing you didn't see it not a good I don't know if you've seen that jason butterfly effect, but it's yeah, I know, I know the butterfly effect. Yeah, I mean you need to. You need to indulge in some recreational drug use, probably to watch that movie and enjoy it. 

16:30 - Johnny Capo (Co-host)
I would say, okay, fair enough. But yeah, that's awesome. Uh the, I also love that you uh use the old pass to get into Sloan. 

16:38 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, yeah. I mean, that's the thing about MIT kids is they're smart enough to put on a conference. They're not smart enough to tell security guards to look at the actual badges. 

16:47 - Rob Pizzola (Co-host)
But now they change the colors right, Because they used to be the same badge every year. But I think the last three or four years they've now changed the colors of the badges, so it'd be much harder to get in. 

16:57 - Jason Weingarten (Spreadapedia) (Guest)
But either way, yeah, and it's also. It's way more expensive now. I mean, now it's a serious ticket. 

17:02 - Rob Pizzola (Co-host)
Then it was like 200, 300 bucks, whatever, as soon as the uh espn sponsorship came into place, I think the tickets got like listen, there are a lot of good guests at sloan, but the application to sports betting is not necessarily but even in general I mean, jason, I know you've been a bunch of times then like do you find it, do you think it'd be valuable nowadays for somebody? I mean, I guess, betting or or not? 

17:25 - Johnny Capo (Co-host)
what about someone who wasn't a better, just wanted to learn about sports? 

17:29 - Jason Weingarten (Spreadapedia) (Guest)
the sports business industry I think the last time I went, I saw like a bunch of high school kids and stuff and I was like, like what are you guys doing here? Like what do you think you're gonna add to this? Um, no offense to, I, was young once too, and probably not that young when I was trying to do stuff, but um, it's just gotten too big. Like when I went the first time, uh, adam Silver was still the deputy commissioner and I was just able to like go up to him and have a conversation with him for like 10 minutes, you know, talking about betting and the NBA stance on betting. And now you couldn't, you know, you couldn't imagine getting 10 minutes of a speaker's time like that to talk about anything, just because there's too many people there, and that's the way these conferences go. But no, I'd say at this point you're spending a lot of money that could easily be spent on other things or anything else. 

18:15 - Rob Pizzola (Co-host)
Basically, I think the biggest value. I find it depends on the conference, obviously, and the price point and so on and so forth. This is one of the most expensive ones. It's more geared towards just sports analytics rather than sports betting. But nowadays I think the majority of people I know just get a plane ticket, don't even get a conference ticket. They post up at the bar wherever the event's being held and the value you get out of the networking I find is just way more valuable than anything you would get from watching presentations or panels. 

18:47 - Jason Weingarten (Spreadapedia) (Guest)
basically, yeah, at this point I mean you're not going to get anything new from a panel with a thousand people listening. But I totally agree with you. Going to the bar is definitely where the the connections are made. 

18:59 - Johnny Capo (Co-host)
Yeah, I feel like a lot of the kids that go there now are, um, you know, university, college level students who are just like looking for jobs and stuff in sports business and they're like, oh, I go here, I network, I can get a job, but I don't necessarily know that that's super true. I'm sure it does happen here and there with the people you would meet, but outside of that, yeah, I didn't have the best time. 

19:20 - Rob Pizzola (Co-host)
So, like me personally, I don't know how much of this you consume, jason, but I love consuming the research papers every year. But it used to be that you would have to go to the events and there'd be people presenting them in the hallways and maybe there was a research paper presentation. Now they're just basically posted online on the Sloan Analytics Conference website for free, and I find that that's just more valuable than any as a sports better. That's more valuable that like takeaway than anything else I would get there. 

19:48 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, I mean you're going to probably get better info out of the research papers than the panels at these points. There's still a lot of good stuff, though. I mean there's a lot of talented people putting out new stuff and analytics, and every field, every sport, but you know betting wise. No, I wouldn't waste the money. 

20:05 - Rob Pizzola (Co-host)
All right, let's talk a little bit about betting. Right now we are in the midst of baseball season. We had Adam Burke on last week who spoke highly of you. Is it fair to say you're primarily a baseball better at this point? I know you do a lot of stuff, but is baseball your go to? 

20:21 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, I would definitely say baseball is, is the bigger, biggest thing. Um, you know I play other sports when other sports are in season and there's action to be had and you know I'll still bet right like I always talk about how I bet recreationally on the NBA, I don't bet. You know huge limits. I'm an awful NBA better. But I'll bet other stuff for fun. But for you know, for profit, for for making money, it's, it's mostly, mostly baseball. 

20:50 - Rob Pizzola (Co-host)
Have you always been drawn to baseball? Because when you're you're talking, you're telling us your story about growing up and originally losing. You basically said you were drawn to football at first. So what, what drew you to baseball in the first place? And like, how, basically, how did this evolution come into fruition where he ended up being a baseball better? 

21:07 - Jason Weingarten (Spreadapedia) (Guest)
yeah, I mean. So I was mostly in the football for betting to begin with. Um, baseball had mostly, you know, I didn't get back into baseball until I was in college and I started playing fantasy baseball with a bunch of my friends. Um, that sort of got me back into paying attention to baseball, got me into scouting prospects. Um, eventually got into baseball betting. Um, just sort of coincidentally I guess, with the chicken pox and everything. But uh, mostly it stemmed from playing competitive fantasy baseball with with my college friends. Is what got me into baseball or back into baseball. 

21:50 - Rob Pizzola (Co-host)
I think we're close to the same age, or at least in like a relative same area, and I think fantasy sports did that for a lot of us as well, because I was in the same boat, like I always loved all sports, but I would never really watch a baseball game from start to finish until I started playing fantasy. And when I first started playing fantasy on yahoo and espn, you know you'd get the alert whenever one of your players came up to bat and it was just like channel jumping and I really got into the sport that way. Um, but it's interesting to hear that from someone else as well. I I think fantasy sports just did so much for all these major sports leagues. You wonder how many of them would have even survived without fantasy sports. 

22:31 - Jason Weingarten (Spreadapedia) (Guest)
Definitely. 

22:33 - Johnny Capo (Co-host)
Yeah, well, we've said it before, but if you're watching NFL right now and you have no action on the games betting-wise and you're not in season-long fantasy, you don't play DFS. It's very hard to watch and that's the, in my opinion, the best sport in the world right now, which is the nfl. So it's funny, but it has brought like a level of the, a level to the game that, like now, everyone's invested and fantasy is like the cheapest way to do that. You like, you pay, put up maybe like 50 bucks for a season-long league and you get to have fun for the whole season. 

23:03 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, fantasy. You know the whole daily fantasy was really big for a while and now I don't hear many people talking about it as much. But I still play fantasy baseball, even though I don't play high stakes, but I still care about beating my friends and they generally still beat me. But you know, I like fantasy baseball, baseball. 

23:24 - Rob Pizzola (Co-host)
I like most things revolving around baseball we've uh, we've actually, whether you know this or not, have competed in some leagues together oh yeah, we were in like salary capital league and stuff for a while. We were yeah, preston johnson. Another um circles off. Alum used to run some twitter fantasy baseball leagues. There was the Mexican kid, stevie, who's just like obsessed with analytics and stuff like that. That was very good at those pools. But yes, we have participated in leagues together. I was just wondering if you remember that because that was many, many years ago, I think now. 

23:58 - Jason Weingarten (Spreadapedia) (Guest)
Oh yeah, that was real complicated. That's too complicated. There was too many rules Like. 

24:05 - Rob Pizzola (Co-host)
I just want a basic league where I don't have to you know, I don't have to spend a week modeling out the entire season and these different stat projections and stuff like that. That was way too complex, way too complex. I want to pick up on something that you said and we'll get back into baseball betting. But you are a self-proclaimed terrible NBA better I don't know if you use terrible as the adjective, but a bad NBA better. Awful, okay, awful. I'm very interested in that because, typically speaking, someone who can win at one sport and I know for a fact you're a winning baseball better Someone who could win at one sport tends to understand all of the principles to be able to win at betting at other sports. So why, in your opinion, or why do you think, you've never been able to translate the same success from baseball into basketball? 

25:01 - Jason Weingarten (Spreadapedia) (Guest)
I don't put much time into it and I just kind of, like you know, I want to bet a basketball game for action tonight. I'm going to take the spurs or whatever. You know, like I don't, I don't really go too deep into it, and also I bet a lot of unders. So just when you bet unders in general, it's just like pain, so so what are you, maybe my problem is the under is not the basketball. 

25:25 - Johnny Capo (Co-host)
Maybe it is so what do you? What are you betting? Maybe my problem is the under is not the basketball, maybe it is. So what do you? What are you betting? Mostly right now, then, and I know you mentioned sports, but kind of what. What types of bets? You know what? What's the go-to here and there? Where do you got the edges? 

25:35 - Jason Weingarten (Spreadapedia) (Guest)
Mostly sides, totals and MLB obviously still still doing the props, just a function of of volume. You know, can't, can't get crazy amounts down on first innings and hits, runs, errors and strikeouts and all that stuff. I love, I love betting them all, though Then doing a lot of futures, cause it's just with the advent of all the legal books the last couple of years, there's just so many places to bet futures that didn't exist in the past and you can get, you know, huge volume down on something at 20 to one or 30 to one, and that's that's big money, if, if it comes in. 

26:15 - Rob Pizzola (Co-host)
Now you're California based, correct. 

26:18 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, sorry, I'm looking over first standing. Actually the Giants just scored, no problem Is that good or bad? 

26:22 - Johnny Capo (Co-host)
Oh, it's good, I usually have BS. 

26:24 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, there you. Good or bad, that's good, I had that. 

26:25 - Rob Pizzola (Co-host)
I usually have bs, yeah there you go, so that's a good thing. So you're california based. You talk about leveraging legal books. You're in a state that isn't legal yet, so are you. I'm assuming you have partnerships with people in other legal states right now yeah, I mean I live, I live near the airport. 

26:42 - Jason Weingarten (Spreadapedia) (Guest)
I could always always get to vegas very quick, um 90 minutes in and out, basically from from burbank, uh, so I can always get down myself if necessary. But you know, yeah, there's uh other states, other other people, other. 

26:59 - Rob Pizzola (Co-host)
You know plenty, plenty of ways to get down, so you've personally, I guess, experienced a lot of these regulated gaming sites at this point. 

27:06 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, I have a pretty, pretty good idea how they work, the back ends, the different companies. I've spent a lot of time, you know. I try to understand what the legal books, which which operator you know uses what software, what the limitations are. It's a you know, you, you know I always say don't, don't fear the man that knows everything about all the sports books. Fear the customer that knows everything about your specific software. I try to know the ins and outs of whatever books I'm using. 

27:37 - Rob Pizzola (Co-host)
Understood. You can probably understand what I'm getting at with the line of questioning. Understand what I'm getting at with the line of questioning. But for you you would say that, even though not in your state, regulated gaming has been a net positive on your personal betting. 

27:52 - Jason Weingarten (Spreadapedia) (Guest)
Personally it's been a net positive. I'm skeptical if it's been societal net positive, but personal, yes, I think having all the books has been a fantastic addition. 

28:06 - Rob Pizzola (Co-host)
So that's where I'm sort of going with this, because I followed you on Twitter for a long time and you would probably admit that you're very openly critical of a lot of the regulated operators in the space right now. Like you said, you do your due diligence on everything. You try to understand what tech they're using, what's going on with every single book, but what is it primarily for you right now that is a source of frustration with the regulated operators. 

28:32 - Jason Weingarten (Spreadapedia) (Guest)
I think it blows my mind that basically, outside of Circa, there's not a posted limit. That's just visible every time you're trying to make a bet on every site. Every time you're trying to make a bet on every site Like it. Just, it's almost just. It's unbelievable to me that you can, you know, log in and it won't tell you what the limit is. And I've heard people you know say, oh, I can get you know $10,000 on a AAA baseball game at DraftKings or whatever. And I hear someone else say, well, I can get you know $14.12. It's just. It's crazy to me that you can offer different limits to different customers and that there's no regulated authority that says this is wrong. You know, that's such an imbalance towards the operator to be allowed to deal different limits to different customers. A regulated, licensed sports book should have to deal limits across the board to all customers. To me it's crazy that you can get licensed and not have a requirement like that. But that's a state by state sort of issue. 

29:41 - Johnny Capo (Co-host)
Yeah, and for anyone listening, I'll explain a little further. When Jason said posted limits and Cir circa being the only book that has that, um, you know what he's referring to is circus sports, which are currently, um, you know, live in iowa and in nevada as well as colorado, so only three states right now. They um have a posted limit sheet. And what that posted limit sheet basically says is anybody in the world can come and bet this amount. Now, it might be $500 on some things, right, it might be 100 on some things, and that's okay, but the reality is they have that. So, no matter what, you will be able to get that. And then, obviously, on certain things, it might be 50,000, 5,000, or 100,000, depending on the magnitude of the event and the time of day. So when you walk into Circa Sportsbook, you know at any given time what you can bet and you can always ask for more, like you can, you know, refer to a trader or just go in and be like, hey, would I be able to get double the limit? Um, and they definitely might refuse you on the double limit, but at the very minimum, you know you're getting that bet size there and the very minimum you know you're getting that bet size there and the respect that that entails in the industry is massive, because now you can count on them as a book that is not limiting winning players. You know they're limiting them to a certain extent by only allowing them to to bet up to a limit sheet. 

30:56
However, by doing that, they're actually proving that, like you know, we'll take anyone, we'll take all customers. We're not going to kick you out, we're not going to take only a dollar from you and, as a result, they become one of the sharpest lines in the industry. So I just wanted to clarify that for anyone who might be a little bit of a newer better not understand, um, the concept of like posted limits, um versus you know a draft kings who they don't have a posted limit sheet. So some accounts that they might grade a square might be able to bet a hundred thousand, and then maybe jason's account, who's been beating them on props, can only bet 14. So, anyways, we'll kick it back to you, jason. 

31:26 - Rob Pizzola (Co-host)
I didn't want to cut off, but I think it was super important to explain that jason, I'm curious if you think that it's fair for sportsbook to offer different limits to different people, like, let's say, exact. Let's say, for example, all there was regulatory. The regulatory body stated okay, sportsbooks now have to say, state how much they're taking on a bet. Do you think it would be fair for them to, for example, give you a large bet in NBA because you notoriously lose at it, but give Johnny a small bet in NBA? Where do you draw the line in terms of what the restrictions should be? 

31:59 - Jason Weingarten (Spreadapedia) (Guest)
I think it's fine if a player wants to ask for a larger bet than the posted limit. If the limit's 10,000 bucks and you want to bet 20,000 bucks, you can always ask and say, can I get 20 on it? And more often than not they'll probably say yes If they're a real bookmaker, um. But I mean you should be willing to take a limit bet from unknown sharp because that's your limit and you use that, your limit, and you use that. You know, you use that bet as information to sharpen your own number, um, but if you want to take a larger bet, I don't have a problem with that. I don't. I don't think books should, you know, not be allowed to take a larger bet if requested, but they shouldn't be allowed to deal a lower limit to a known sharp. Is, you know, is my issue. 

32:46 - Rob Pizzola (Co-host)
So you're looking for equality more than anything. 

32:48 - Jason Weingarten (Spreadapedia) (Guest)
Basically, I mean in a regulated license environment. It shouldn't be tilted towards the operator. You know that that egregiously. 

32:57 - Johnny Capo (Co-host)
Yeah, what do you think that a book could put in place that would actually execute on this, like they don't currently have? 

33:02 - Jason Weingarten (Spreadapedia) (Guest)
limits, but but go ahead sorry you just if you, if you want to have, you know, a two thousand dollar limit, like using mlb for example, you want to take like two dimes overnight and then go to five in the morning and then ten, you know, when lineups get posted. Like you know, don't, don't have ten, ten thousand dollar limits overnight. If you're worried that a sharp's going to beat you 20 cents on a baseball line, take two dimes overnight and wait, you know, wait and see if someone hits it and move it. Take five in the morning, take 10 when lineups come out. You know, I'm just using two, five and 10 as as examples. 

33:38
But that's why limits exist is so the bookmakers can kind of know, move their numbers and and not get beat up too too badly too early, like it's just, I think, a lot of books. They want to skimp on on the risk management. They want to skimp on having people you know available in office to approve and, you know, make, you know, approve trades, um, at odd hours, and you don't have that sort of you know you don't have people working for you and you're trusting automation to do everything. Sometimes you're going to get beat, but I mean, I think that's what limits are for is to help you sharpen your numbers before you know, so you're not booking too early at a bad price to you. 

34:28 - Rob Pizzola (Co-host)
Yeah, I go back and forth on this one a lot personally, because I don't think it's necessarily a fault of the operators themselves. I think it's a fault of the regulators in this instance. Right, because if you're a sports book, it's only common sense. You're running a business. At the end of the day, the reality is sports books are running a business and if they know someone's going to be able to beat them, well, why am I going to let this person beat me? I'm going to give them small limits. If I know someone's going to lose in the long run, I'm going to give them larger limits, and that's what I think any business person would do. The people who are running these companies are business people. They're responsible for getting their stock price up, they're responsible for revenue. So I completely get that. 

35:08
The issue I have is the regulatory bodies most of whom are not sports bettors, know nothing about sports betting who are allowing this to happen, because in a sense, for me it is predatory, right it is. Oh, you know you want to bet on you losing better square A. Want to bet on major league baseball? Sure, we'll take. Know you want to bet on you losing better square a. Want to bet on major league baseball. Sure, we'll take your $10,000 bet because we know you're going to lose in the long run, like that's. That's predatory behavior and that's where I have an issue with it, but it's, you know there is. You have to draw a line in the sand and you have to say you know. For me, I can completely understand the sports book perspective. While I may not agree with that being the way to run a business, if you are allowed to do that, I totally see why someone would do that. Yeah, I mean it's. 

35:55 - Jason Weingarten (Spreadapedia) (Guest)
I totally understand the, the, the, the position of the operator and the limiting and and the. You know they're responsible to a board of directors and shareholders and you know share price and that all that stuff is stuff that I never take into account or, you know, ever even really consider, because I'm a better, not, you know, I'm not a management, but I, I think you're right that it is predatory. I think the, the regular regulatory bodies would tell you that, um, the, the, those players are better off betting a legal book than being taken advantage of, you know, by a gray market bookie. Uh, I, I don't necessarily agree with that, but if the, if your business model is to book, you know squares at at large volume and uh bootps, you'll probably be successful. But I don't think that's the best way to run an operation and we've seen Circa kind of buck, that trend, but otherwise people are content to do it this way. 

37:01 - Johnny Capo (Co-host)
But's circa profitable. Like, are they more pro? I don't, I don't, I'm not privy to the numbers, right, but like it's circa right now turning a better, I guess, per player value than you know, drafting zero fan duel I don't know that you know one way or the other. 

37:18 - Rob Pizzola (Co-host)
I haven't seen any numbers that would tell me that I think they're probably doing a smaller roi, like I think it's almost certainly that they're there's a smaller ROI, Like I think it's almost certainly that there's a smaller ROI Of course smaller ROI but I'm saying just in general Like net profit like gross sorry, net gaming revenue because they don't do a lot of bonuses. 

37:35 - Johnny Capo (Co-host)
So let's say NGR net gaming revenue per player that they have. Do you think it'd be higher or lower than DraftKings? 

37:49 - Rob Pizzola (Co-host)
no-transcript. Do you know what I'm getting at? I mean, this is just a complete guess for me. I love listen I. 

37:56
I think circa is a great sport for circuit to get players. That's the acquisition is a problem when you're not bonusing players at the rate of other books, even stuff like saying you know, and this is not. I don't want anyone to take this as me trashing circa, because I have the utmost of respect for that sports book. They're a great sports book for me in general. Who's looking to get down a lot of money on games? But I can see where there is a lack of mass appeal as well. Right, if you don't offer as many markets, well, that's not going to cater to a recreational better. 

38:30
I had a back and forth in my Twitter timeline between Jeff Benson, who's the operations manager at Circa, and some guy named Taco T-Bone or something like that, who's just like a better. That was supporting Barstool Sportsbook. He made some good points about, like you know, you're not offering the same amount of markets and I completely get it. So I think there's all sorts of different business models that can work overall. I think there's all sorts of different business models that can work overall, but, you know, does the honest approach like Circa resonate with the average person? And I'm not sure that it does. I really appreciate what they're doing in market, but I think for a lot of people, sadly, they don't even care. It's like well, circa's not offering this type of prop on this game, I'm just going to go bet it elsewhere. 

39:19 - Johnny Capo (Co-host)
Rather than than okay this book's not going to take advantage of me. 

39:20
Well, no same, no same game parlays, uh, not the same level of offering, as, like you know, you can't. You can't go to circa and bet like bober shat to get three home runs today, right and again, those are juice to the nines at any other book, but you at least can bet that. So it it is a little bit, it's different, but I mean, I'm a big supporter of Circa. I think it's definitely the most the fairest book by a fair mile in the regulated space. 

39:42 - Jason Weingarten (Spreadapedia) (Guest)
I think legal betting has shown across these different markets that most consumers aren't particularly price sensitive when it comes to. Like you know, this book's dealing six and a half minus 110 and Circa's dealing six minus 105, people are still going to bet the six and a half 15 because it's more convenient. There's not as many price shoppers and sharps as we think there are. There's a lot of people who just want to get some action down. 

40:12 - Rob Pizzola (Co-host)
Yeah, and then they'll go drive 10 miles extra to save 15 cents on gas after the fact. Yep, I mean, it's a weird. I don't know why this concept of price sensitivity has never made its way into sports betting. Maybe it's just the inconvenience factor, but what really gets me and I think this is something that really bothers you I understand the sportsbook side of things. I really do. It's not the way I would run a sportsbook, necessarily, but when you are accountable to shareholders and you have to make revenue, you're going to do what you can. What I cannot stand is when you get the CEO of the sportsbook publicly speaking about how we do not want to accept winning players Like you're basically coming out to the forefront and saying if you are a loser, you can bet here, and I'm paraphrasing. But that's exactly what the message is and I don't understand how anyone could come out and publicly say that is just like a complete slap in the face to pretty much the entire user base, and that's what really drives me crazy, jason. 

41:15 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, you know, I mean it's. It's not surprising when you hear stuff like that and we've heard it from more than one CEO this past year. It's kind of saying the loud part quiet and the quiet part loud sort of deal. It's like you hear stuff like that. Or another one I hear frequently is that the sports book is just a way to sign people up, to funnel them into the iGaming casino, and I'm like you're not supposed to say that. I know it's true, but you're not supposed to give away the end game like that. And then, if you look at the numbers, you know the online casino revenue just the sports betting revenue dwarfs what what is lost by people on online casino stuff. 

42:01
It's some some CEOs understand that they're playing a long game here and some just are kind of clueless in what it takes to run a profitable casino business or sports betting business. It is a hard and challenging market. I mean, it's not just printing money. But I think a lot of people don't understand that sports betting is an incredibly low margin business and there's not very many ways to increase that margin and keep your customers happy. Got to maintain customers. You Can't just blow them out all the time. 

42:36 - Rob Pizzola (Co-host)
Yeah, which is why I think some of the business models out there which are, like you know, completely advocating for parlays all the time yeah, I mean, you're going to win more in the long run, but you know, it's not a great experience for someone to lose all their money betting parlays in a short amount of time because they're not hitting at a win rate. So I think that there's a happy balance there. It's obviously very challenging. I did bet the process with Rufus and Jeff a couple of weeks ago. We had a similar conversation, but on a sportsbook side of things. 

43:07
Your goal is to make money, but you're only ever going to make money at the expense of the player. There's no other way for you to do it. So how do you maintain that happy balance? And that's like a very difficult question to answer, because there really is not a way of doing so. At the end of the day, if someone's coming in and depositing into your sports book and then donking off a bunch of money in the casino, what do you do as someone who's running a business? Do you just say, no, we're not going to let you bet anymore because you're losing too much money when you are accountable for revenue? It's really a very tricky landscape to navigate overall. 

43:46 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, I mean just that comes down to sort of your opinion on the morality of gambling and being involved in the gambling business. You know you're definitely in a sense preying on, you know people who are losing, but that's just. You know you have to either be okay with that or not. If you're not, then you're in the wrong business. 

44:09 - Rob Pizzola (Co-host)
Even from a better side. We're not really contributing a whole lot to society either, If we're being honest with ourselves. No, not, not. Not really contributing a whole lot to society either, if we're being honest with ourselves no, not, not, not really. 

44:17
I mean, we're just providing liquidity to a market yeah it's not, uh, not not really society, society beneficial now I personally, I I don't know if, johnny, you've ever had that like, if you've ever thought about the morality of being a better. It's crossed my mind before as well, though, like you know, you have people out there who are making good incomes, being doctors and whatever, and it's like I'm sitting at my computer, on my mobile phone placing bets like what am I contributing to the overall economy? I guess I do spend that money in the economy if we you know I support the travel industry. Did you donate two bucks to ukraine? I I donate money to diabetes research. That's like my way of giving, giving back, but overall, relative to someone else in the space, I didn't donate money to the ukraine. Now I will. I will donate money now that you've put me on the spot. I almost have to now, but not that. Not that I don't think it's a good cause, but I gotta put this guy on the spot here. 

45:18 - Johnny Capo (Co-host)
Yeah, um, no, yeah, I don't haven't. I I'm, I guess I I'm not at uh a stage yet. I mean, hopefully I will, I will care about uh, you know, like changing the world and stuff. It's like it's a big task. You know like you gotta really you gotta get yourself, you gotta get your footing first before you can start talking about like all that stuff. You know what I mean. It's like, well, what am I going to do right now? 

45:40 - Rob Pizzola (Co-host)
it's just a larger conversation for me of you know I'm very critical of sports books at times as well, or how other people run their businesses that are maybe competitors, to bet stamp, for example. But from a personal level I do have to take a step back every now and then and say, like you know, I I do what I can. I try to raise money for charity. I do cameos where I donate to charity. Please request me on cameo. That would be appreciated as well if you want me to say a happy birthday or something like that. But from a uh being a pure better wait. How many cameos have you gotten? 

46:13 - Johnny Capo (Co-host)
uh, I don't know, like a dozen you're getting 12 guys paid for your cameo I had one guy this week who requested me to tell, to give him tips. 

46:21 - Rob Pizzola (Co-host)
Give his buddy tip his buddy's getting married. Give him tips on how he can place bets and not ruin his marriage. I'm not even joking. In which case I said you're I believe you're married too, jason, or you have a serious girlfriend yeah, and I'm married yeah I was basically like, you got a like a lot of bathroom breaks. You know you're you're, you might have ate yeah your stomach's not. 

46:42
Oh, you know, whatever we ate, it's it's not. It's not going so good. I'm just in the washroom just like firing off bets for 10 minutes. You know, then you can make another, if you, if you execute that properly, you can, you can kind of get that going over the course of the entire night. You know, half hour later you're still not feeling well. Meds didn't kick in. Obviously you haven't taken any meds, obviously you're feeling fine, but you can, you know, get to the washroom. 

47:09 - Johnny Capo (Co-host)
Again. You're saying the first break should should be a setup for at least four or five future breaks, as opposed to just having to make a new excuse every time. 

47:17 - Rob Pizzola (Co-host)
Of course, Now my wife has probably noticed that since we got married I've had a lot more stomach issues than pre-marriage, when we weren't living together. But it is the pro move. Like, what else do you do to get away when you need to place bets? That's the go-to right. 

47:36 - Jason Weingarten (Spreadapedia) (Guest)
I just whip out my phone and start doing it like I was at the farmer's market on sunday morning. I was like gotta make some baseball bets real quick. I'll catch up to you in a minute. You know if you go to the bathroom. The problem with the the bathroom strategy is everyone starts suspecting you're a cocaine addict if you make too many trips to the bathroom well, he's using the regular. 

47:53 - Johnny Capo (Co-host)
That must be true love. You can just pull it, pull it, pull out the phone and plays bets, no issues yeah, I mean you get you gotta desensitize them to it. 

48:03 - Jason Weingarten (Spreadapedia) (Guest)
You know, after a while they get used to it see, that's, that's, I think, the smarter move. 

48:07 - Rob Pizzola (Co-host)
You can't, you can't, I can't go back in time, but when I was, you know, my my wife now was my girlfriend when I was younger and she knew me at the beginning as a degenerate gambler. So over time, you know, I was trying to like not be on my phone all the time, watching games on my phone, placing like my buddies are at weddings watching the games because they got so much money on it and they're sweating and they won't get up and go dance, and stuff like that. I had to prove that I was over that, even though I'm not like, but I'm not. I'm obviously not losing at this point, which is the difference. But I'm not over the desire to bet, especially like live, every now and then. But that's been my trick. I think it's a very easy one and people should use it. You just, you know, you plant the seed early on in the night. 

48:54
Not feeling, not feeling so well. Stomach's been bothering me a little bit. Don't know what I ate. My wife, well, we ate the exact same thing. I'm feeling fine, like. Well, you know, I I had some. You know, I made it eight. Might have ate something else. Oh, I put. I put the hot sauce on it and you didn't. That must be what's causing it. I'll tell you how big of a scumbag I am. That's my job, okay. 

49:18 - Johnny Capo (Co-host)
Jason, we want to talk about futures betting. Notoriously, I've talked on this podcast about how I don't typically bet futures, so I don't really want to tie up the credit. I know what you do and what I've seen you post about is, you know, actually betting in person over the counter, which I do actually agree with. I will preface so if you just have, let's say, some cash, you walk to into vegas, um, let's say you walk into circa over the counter, put five grand down cash and then walk out with five grand worth of tickets, I do think that is a fine approach. But I wanted to get your thoughts on, like you mentioned, you know a lot of the legal outs now being able to get down a lot of the futures. Where does this come in in? How are you like finding these edges? How much, like what, are you getting down? What's the whole process there for futures? 

50:00 - Jason Weingarten (Spreadapedia) (Guest)
if you don't mind sharing, so the the first thing with the getting down with the credit. I mean that's just a function of your relationship with the outs that you're betting at. You know, for example, I have one out that I could just bet whatever I want on futures not not whatever I want, you know, limit wise. But if I bet 5,000 bucks on futures, I'm just going to ask the guy for 5,000 more credit and he's going to give it to me. You know like the credit is. You know, basically unlimited credit at 0%. So it's really about the terms of the credit you're using to bet and the risk of a default if you win too much money, because you can always just win $50,000 and the guy is not going to pay you and say fuck off or you're booted, whatever. 

50:51 - Johnny Capo (Co-host)
That's rarely ever happened to me with the places that I bet futures um, that that's rarely ever happened to me with the places that I bet futures um, but I also try to limit it like a pph shop. I think then it's not the wisest move for people right now. 

51:01 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, I mean if, if you're, if you're, if you're not on, you don't have a good relationship with pph you're using, you don't really know the guy, you haven't really met him very often and you know, then, yeah, you're definitely risky and not getting paid. And then the legal books obviously post. Posting up is, you know, a little bit more of a challenge for people, because not everybody can just post up. You know, 500 bucks here, 500 bucks here, a thousand bucks here, 5,000 bucks here. It adds up quickly, even even if you're betting. You know, and I've I've talked about this before during NFL season season, if you bet NFL futures every week of the football season it's 17 weeks now, $200 a week you're into the futures for over $3,000, $3,400, whatever is. You know, exponentially another thousand seventeen hundred bucks, whatever. 

51:58
Um, not a lot of people have access to the capital needed to necessarily attack the futures market, which is a limitation, especially if you know now we're we're getting into the point where there's, you know, 20 different legal sports books or whatever. Um, and you can, you can get a lot down. So, um, you do definitely run into the capital limitation on the the post-up side. But, uh, you know, if you can overcome that, there are plenty of ways to overcome, uh, limited capital. But uh, yeah, I mean you could just find books, you know, for example, I think I think the the westgate superbook does a pretty good job keeping their futures updated quickly. You know, not necessarily rocket science at that point to to know. 

52:43
You know, potentially I should bet some more on this guy. But, um, basically I, I I make most of my positions in the preseason Like I have. I have the guys I want to bat, I find find the numbers I want Um. Once the season starts, you'll you'll see the market start to drift, like Vlad Guerrero jr, for example, is currently 20 to 1 for mvp. So you know you'll see odds, odds on players drift, drift up and down. Um, I'll occasionally bet more in season on a guy who's performing really well, like mookie bets, for example. He was like 20 to one, 25 to one for MVP, and like CJ Krohn was 16 to one. And I was just looking at numbers I was like there's no way Betts should be below CJ Krohn, as I think at the super book as well. But it's not. Sometimes it's not rocket science, sometimes it's just kind of looking at the statistics and seeing that somebody is undervalued, to how they're playing. 

53:57 - Rob Pizzola (Co-host)
And then sometimes it's not rocket science, sometimes it's just kind of looking at the statistics and seeing that somebody is undervalued to how they're playing and then sometimes it's just scouting ahead of time Rookie of the Year stuff is just scouting off-market prices, bet them, type of thing. But it also sounds like, especially with the pre-season, you go into the season knowing that there are certain guys that you might want to just you know you think are undervalued across the entire market and not just that one specific book, for example. So what's the breakdown of that? Like how much of your actual futures betting is just purely I'm going to pick off these bad prices versus how much is I'm going to take a stance on this player? 

54:37 - Jason Weingarten (Spreadapedia) (Guest)
Well, I'd say the first. It starts with the taking stances on players, because I'll always I'll look at a market, like Justin Verlander, for example. He's a guy I took standoff. He's going to beat me. He's going to beat me and right now it looks like he's pitching pretty well. 

54:54
Um, but you can't bet every single guy. You know, like, like it's same thing with golf. Like you can, if you bet five golfers, you know the sixth one's gonna win. If you bet six golfers, the seventh one's gonna win, like you. Just, you can't bet every guy you want to bet every week. Um, so I do take a stand against guys. You know, garrett Cole beat one of them this year, shane Bieber another one. Like, there's just certain guys I'm like if they're going to beat me, they're going to beat me. 

55:23
Um, but I try to keep a fairly limited basket. You know you don't want to go too deep and have you know 500 bucks on 10 different guys, as opposed to having you know a thousand bucks on three guys or whatever. Um, but I try to focus my money on on the right guys, um, and obviously the odds are important, but, uh, it also depends sometimes the field, like for the al al mvp. There's otani, there's trout, there's there's Aaron Judge, jose Ramirez. 

55:56
After that you can make cases for Byron Buxton or whoever else, but the market's already telling you there's really top three or four guys and the award is limited to them. So sometimes the market kind of solves itself earlier than other times and you can, uh, you can kind of pick off the uh, you know, you kind of know what the, the contenders are. And there's market like the uh, the nl rookie of the year this year, where saya suzuki shot out to an odds-on favorite after like the first week and he's done absolutely nothing since then. So there's 10, 12 different guys in the national league that could potentially make a big run and in that case, like you can't bet all 10 or 12, you, you know, you narrow it down to the guys, a couple of guys you want at the big numbers, and then you're content if the other guys beat you. But the markets tend to kind of paint the picture for you of of whether or not it's a top heavy market or if there's value further down. 

56:59 - Rob Pizzola (Co-host)
Interesting. You mentioned a lot of stuff about baseball this season and how the markets have shifted. I'm curious as to what your biggest takeaways are so far from this season, in particular, obviously the talk around the baseball. I know players have been way more outspoken about this being a joke. I think that was actually a quote from someone that I saw recently. But I mean, has the new ball for one affected your enjoyment of the game? And number two, like, how has it affected your betting of the game? 

57:32 - Jason Weingarten (Spreadapedia) (Guest)
It hasn't really affected me that much. Um, it was more annoying in the past when we had the over balls. You know the every hits a home run sort of thing, and I personally prefer a de-juiced ball because I don't like it when you know half the league has has second baseman hitting 30 home runs. And you know, you know, you just like I appreciate actual power hitters versus everybody having cheap power. So it really hasn't affected me that much. It's not like I blanket bet unders or I blanket bet overs. 

58:10
I did notice, like just prop derivatives, like first innings the totals being lower overall leads to better prices. You know, on the S scores, but no, I mean, I I think the most annoying thing is like a day like yesterday that had, you know, higher than average scoring. It just plants sort of the seed in your mind that the balls changed, that they're using a different batch, and I don't like, like just try to stay consistent, like no, it's not what happened. You know, like just it's variance, high scores happen, but then you see a sunday night game, like the the cardinals giants game a couple weeks ago, where carlos rodon got shelled, like there's no way you could tell me that that wasn't a different ball. Like that guy was pitching lights out all season. All of a sudden he's just getting just smashed on national TV Like that's different ball. 

59:01 - Rob Pizzola (Co-host)
I would. I don't bet baseball anymore, at least not at a serious level. That would drive me insane. It did drive me insane in the juice ball era. It's actually part of the reasons I stopped betting baseball. Overall it just became. The volatility was crazy at that time. But yeah, I can totally see myself seeing like two or three days of higher scoring and wondering if there's been like a change in dynamic across the league and literally pulling my hair out and questioning every single move that I'm making, whereas, like this doesn't really happen in other sports. I mean it, we had the flategate with the nfl, but you don't get different pucks in hockey. You don't get you know, different basketball or anything, and it always seems to be a topic of conversation with baseball betting. So I don't. I mean I don't know how you do it, jason, I really don't. Um, I struggle with that for years, but I guess you're just taking a lot of personal enjoyment out of trying to solve these problems. 

59:56 - Jason Weingarten (Spreadapedia) (Guest)
The nice thing you know with with the baseball, or at least with the juice ball, was that all you had to do was bet all the overs. You know, in this case it's a little, it's a little more annoying, but I think the futures you're talking about futures. I think having a big futures portfolio is kind of good to balance out the day-to-day variants Because, like yesterday, I didn't have the best day. Yesterday I had a lot of unfortunate toss-up losses, like the Mets I guess. I don't know if that wasn't technically fortunate. I was even lucky to be in that game. 

01:00:32
But like I had the Mets yesterday, I had Baltimore yesterday. Yesterday I had a bunch of unfortunate losses pile up. But I also, you know, like Julio Rodriguez hit another home run and that gets me excited about my, you know, my rookie of the year future, that I see it go lower, like I see the market go lower and I kind of describe it like it's the joke about your, your Ferrari going over the cliff with your mother-in-law in it, like that's what it's like to have a lot of futures and have a losing day. You know, like, so I lost today, but I lost yesterday, but my, my futures equity is, is up. 

01:01:04 - Johnny Capo (Co-host)
Um, so you're always just tracking that on like on a, I guess, weekly basis? Like are you tracking, like the updated numbers of like? 

01:01:15 - Jason Weingarten (Spreadapedia) (Guest)
Hey, I had this guy like 101 and he's now. I'm running circles around some of these books, so I'm doing it on a daily basis. Like I know that they know that I'm running circles around them too, like, like, so I, I, I enjoy it. I mean it's, it's fun for me, like, like the winning's fun, the, the just knowing that they're adjusting to stuff I'm saying on my podcast or I'm tweeting. Like you know, they're clearly adjusted. There's somebody listening at some of these books, or either, that you know they're following my tweets. 

01:01:39 - Rob Pizzola (Co-host)
it's, it's very funny to me I would just want to say I hold no ill will towards my mother-in-law personally. She's a very nice lady and I think she's listened to a couple of these episodes. Hopefully, this father-in-law he's very cheap, he's very cheap. 

01:01:53 - Johnny Capo (Co-host)
My father, he is. 

01:01:55 - Rob Pizzola (Co-host)
He, he has a good heart, but he is very cheap, for sure he out. So I'm sidetracking here. The power's been out and we got. Southern ontario got hit with a massive storm, thunderstorm this week. I got like a thunderstorm warning on my phone. I was laughing. I'm like, haha, this is what my tax money is going towards thunderstorm warning. A minute later, my entire house was shaking, trees are down, everything like that. 

01:02:20
But my father-in-law refused to go out for food, like he had no power in his house, was just making peanut butter sandwiches the entire week. Refute I'm like carlo, it's, you can, you can go out. Like the restaurants are open now. And he's like no, no, I'll be fine, this guy's just eating peanut butter sandwiches for the entire week. It's not because he enjoys the peanut butter sandwiches, let me just put it that way. It is a monetary thing. But, um, surviving off the land, he's, he is surviving off the land. Um, I do want to ask you, because this is something that I know you're very passionate about and you mentioned it already in terms of, uh, I'll call it the nerfy wars this year. Uh, the no runs first inning. There is a lot of people in the space that are now popping up out of nowhere, advocating for no run first inning bets and advocating for them as good bets. I'm interested in your commentary on that. 

01:03:17 - Jason Weingarten (Spreadapedia) (Guest)
Yeah, I think I've talked a bunch about how that's a sign that whoever is doing the content probably has no clue what they're doing and has no interest in actually helping you become a better, better win money. They're trying to just create content and they a lot of it and most of it's very bad, which isn't to say that there's never a situation where you should bet a no score or that you can't compute the price of the fair value of a no score, because you can literally, you know, throwing darts at something, and usually they're throwing a dart at something that's weighted minus 135 or 150 or even worse, and it's like I I don't even know because I try not to say things too mean about it, but but like it just shows such a failure in the creation of content at every level, from from the people doing it to the editors and the people allowing it and their reasons for doing it. Again, I totally, I totally understand that the business is driven by clicks and this is how you get eyeballs on stuff, but long term, you are not doing anything beneficial to your customer and in fact you're teaching them bad habits and some people will say, well, the book that actively says we want bad bettors would benefit from teaching them bad habits, and you're kind of right. But I think when we talk about sports betting being a low margin business, you're better off getting reoccurring revenue from a customer long term than busting them out for a $500 deposit once you know the goal is to get them to lose multiple $500 deposits over time, not not a single one. And I think these, these people, you know they're going to eventually sour on betting because they're losing so often. And especially when you're laying 135 or minus 150, you know, like there's this guy who has a column for the Action Network that comes out every day and it's a no score and it loses on Monday, loses on Tuesday. You know you're laying minus 150 on each one of these. You're down three units now, on Wednesday or whatever, you're going to go 5-0 the rest of the week and make it back. You know how many of these do you have to lose in a row before you realize you're not going to make any money doing this. 

01:05:43
Um, this kind of thing. I just I see these people, you know clearly just just heart, you know, trying to harvest users and using this as as content. I know it's just, it's wrong, like it's just it's bad info, it's it's bad advice, it's bad content, and sometimes I mean personally, my favorite thing to do is bet against it, because you know they usually lose and I can get a good number on the other side. But, um, I try not to spend too much time paying attention to it because it puts me on like a rage tilt and then I like, I like it. I don't want it to affect my actual betting. I want to focus on, you know, winning and not shitty content right. 

01:06:19 - Johnny Capo (Co-host)
Well, you are right because, like, winning at betting is fun, losing at betting is not fun. So when people say, like I just bet for fun, you're still betting to win, and like I do hate. When people say like, oh, I just bet for fun. So I like I'm not trying to really learn, I just bet for fun. It's like what was, where's the fun? Where's like. It's like, exactly, you're saying where's the fun in tailing some guy losing three in a row? You don't have fun watching that bet. I know for a fact, especially if it's a no run first and he's at, that's over in a, in a, in a gif, right, like no one goes to the blackjack table with a grand, plays two hands, 500 bucks each, loses them both and says, oh, that was a ton of fun I had a ton of fun doesn't have lost my double down. 

01:06:59 - Rob Pizzola (Co-host)
I had a ton of fun in doing so nobody goes places. 

01:07:02 - Johnny Capo (Co-host)
One bet doubles down on that. First bet for 500, then 500 again. Loses. A grand walks out of the casino, is like, oh, that was a ton of fun. It's never happened. So I agree with jason's like. 

01:07:12
The goal for a sports book, by the way, is, if you can and I will say this transparently and openly for for myself as well as like bet, like I want people to who are gonna bet to probably lose more money in the long run or, you know, stay alive longer. However, I want them that to sustain an amount of fun that far exceeds the amount that they paid in money, if that makes sense. Yep, for example, you know, I might say, okay, I have a, I've a hundred bucks a year to spend on betting, or to lose on betting, let's say. But if I can now have fun every football Sunday and all it costed me was a hundred dollars, that's all absolute home run, because I might win 150 this year and the next year I might lose 250 and sure, yeah, net, I lost, uh, you know, 100 bucks, or maybe I lost, maybe I lose 200 over two years, or something like that. But it's up here, down here, up here, down here, constantly having fun. 

01:08:07
Every single sunday my entertainment value is through the roof like it's a home run deal, like you know how much it costs like inflation you're maximizing the length of your bankroll and you're accruing entertainment value in the process, rather than just, you know, blowing your load in the first couple weeks or so, and you know how much a golf membership is now nowadays yeah, I unfortunately know, with inflation and I'm older than you, so yeah, but but seriously though, like the amount of the cost of like entertainment right now is super high and like actually betting smart with a low synthetic hold is the cost of entertainment right now is super high and actually betting smart with a low synthetic hold is the cheapest form of entertainment you can get, especially when you're still able to achieve that level of sweat factor from betting like 50 cents on a game, which is the best. I wish I could go back there. 

01:08:50 - Rob Pizzola (Co-host)
I think, unfortunately, the Pat McAfee deal with FanDuel Pat McAfee I think it was towards the end of last year signed a four year $120 million deal with FanDuel, so $30 million annually has affected a lot of the content in the space, in that you now see content creators chasing that sort of deal with sports books. I'm just calling you out the way that I see it. I could be completely wrong about it, but I see tons of people who are trying to just build brands that are catered towards getting people betting. That's the sad reality of things. I could never do that myself in the sense I could never knowingly lead a sheep to the slaughter In the sense I could never knowingly lead a sheep to the slaughter. But I think, jason, unfortunately for me, that was. 

01:09:40
Maybe I'm wrong, but the turning point in that now you just see this stuff and people posting this stuff and what it sadly created for guys like us is that we're like in the minority, right, sometimes I'll call this stuff out and I just get swarmed by like 30 people who are at the defense of the content. Oh, they're posting it for free. Oh, you know, they're doing, they're putting a lot of work into it and it's like okay, it's worthless. Like I can do work for free, too, I can try to fix someone's car for free. If it doesn't drive, then like what good is it? And unfortunately, we see more and more of it nowadays this actually. 

01:10:17 - Johnny Capo (Co-host)
Yeah, it's a, it's a losing battle. Well, you're on vsan, jason, so I wanted to actually let's bridge this right real quick tell everyone what kind of content you provide on vsan and how it might be a little different than this stuff. 

01:10:28 - Jason Weingarten (Spreadapedia) (Guest)
Well, so I'm a guest on gill's show most frequently, usually twice a week during the baseball season. I do spots with some of the other hosts on occasion, um, but what I like about vsan is they essentially give me, you know, pretty, pretty wide, uh, freedom to talk about whatever I want sports wise, whether it's baseball or, you know, senior tour golf, whatever I'm on I can kind of talk about. I do talk a lot about futures because I think a lot of the time, like I'll give you an example. I was on this morning. Gil asked me when you know some of the baseball games I bet today and I said I bet Baltimore. I bet Baltimore last night at like plus 194. It's plus 148 this morning. The number is just just way gone. You know it's not the same bet, it's not even it's not like we're talking. I bet something at 190, it's plus 185. It's, I bet something at 190 and it's plus 148. It's, it's way off. And I said I was like I bet Baltimore last night but you can't bet it now. It's it too far out of out of playable range. You're not getting any value there. So I talk about futures a lot on air because, um, similar to what you were saying about the getting the value out of your bankroll. 

01:11:45
For recreational bettors, with uh, with the future, more widely available, especially the people listening to to vsan most likely going to be in a illegal betting state. You know they can go and match the number at one of the 20 different books that's available, wherever they are, and I usually give out you know what books, the, the, the numbers are available at, or the most the closest numbers, and that way, like they can get down on the bat. You know that there there's enough enough. You know it's not necessarily going to move after one person hits it, especially if a lot of people are betting small amounts of money on it. But, um, that way you could share stuff with people that they can actually, you know, use and get, get value out of. 

01:12:30
Because telling, telling somebody to bet baltimore 40 cents later, 50 cents later, like it doesn't do them any good. Like there's, I can't help somebody. You know giving out baseball lines, necessarily at eight in the morning when I bet them 12 hours ago. Uh, futures it's, it's a much more. You know it's much easier to to to explain to people why I like something and that they could bet it before it moves. 

01:12:57 - Johnny Capo (Co-host)
Yeah, I never actually really factored that in. That's very uh. If you're giving out a pick and you're giving out a futures bet, it's something that is probably going to be available Cause, like you know, you have to be betting. You can't be giving out a future for, like, nba championship right now, midgame tonight, celtics versus heat, like that's not going to be available. But let's say, you give it up this morning, that's probably not going to move up till game time, so people can actually widely get that. I I actually respect that. 

01:13:24 - Rob Pizzola (Co-host)
That's very uh, very smart a different opinion, but also, like the, the enjoyment factor too right, like you've now prolonged your, your bet, where you can get multiple and it's a bigger payout if you win typically. I have bet, for example, home run leaders in MLB before. Every time your guy hits a dong, you're ecstatic. I follow that baseball home runs account on Twitter. Set notifications. My guy hits a home run, you prolong your enjoyment. There's pros and cons to everything on Twitter set notifications. 

01:13:58 - Johnny Capo (Co-host)
My guy hits a home run. I'm like you, prolong your enjoyment. I like there's pros and cons to everything but. 

01:14:01 - Rob Pizzola (Co-host)
I, but what happens if your? 

01:14:02 - Johnny Capo (Co-host)
things out Like your guy could be done. I'm done for the season. No, you could be a done two weeks in. 

01:14:04 - Rob Pizzola (Co-host)
Yeah, oh, for the season Oblique strain oh God, six to eight weeks. 

01:14:13 - Johnny Capo (Co-host)
Yeah, I guess there I were to give out ever like picks and stuff like that, just in a general capacity regularly. It would have to be futures because you could actually get down on those as, as Jason's mentioning. 

01:14:24 - Rob Pizzola (Co-host)
Agreed, you said you. You mentioned that one of the nice things about VEASAN is that you get to talk about whatever you bet on, and for me we had. We have met years ago. I I, me and Jason had met in Vegas with with Preston at the Palace Station Oyster Bar, which always has like a one hour wait no matter what time of day you go. But I would highly recommend regardless. But I we've had a conversation. That was the extent of our relationship for a long time. And then I started to know you as the in the underground betting circles, as the Mexican baseball guy or the Japanese baseball guy, and I'm curious, those obviously KBO Japanese, kbo Korean, but got a lot of attention during the COVID because it was still going on. There was a time where a lot of people were being able to bet it. Um, are you still betting those leagues? I know you mentioned AAA baseball earlier. I'm very interested about that as well. But do you look at the smaller baseball leagues? Are you still able to get down on those? 

01:15:28 - Jason Weingarten (Spreadapedia) (Guest)
I never did Korean before the um the before COVID or during COVID. It was never, never my thing in in Korea or Japan, mostly just because on the west coast, the, the time difference between here and the far east like it just doesn't ever match up with the hours I want to be paying attention to baseball, um, so I I've never been able to to, to you know, get into Korea or Japan long term and if there were futures markets or MVP or home run leader, I'd probably pay attention more. But there aren't, so I don't. The Mexican baseball stuff was very lucrative for a while. It's dried up for the most part. I mean you can still make some money betting it. If you had enough accounts and just wanted to spend all day paying attention to mexican baseball, you probably still make some money. It's not really my thing anymore. Uh, triple a I still follow I. 

01:16:29
I was definitely more into it before covid. Covid kind of screwed it up because we lost a whole year and they came back and now they play these like six game series which go on for a week and it's I. I prefer a. You know the the previous travel schedule. I don't like it when you're playing the same team for like six days, ten days in a row, um, but the way I look at mexican baseball, triple a baseball, winter league baseball I used to do Dominican winter league and Mexican winter league. I've done Nicaragua, venezuela, the series, caribbean. I've even done some Cuban baseball. I don't know how these lines originate, but like I did love betting Cuban baseball because, like the team, fidel Castro's team, grandma, like they're in the championship and and they were like even money down two runs and it's just like who's gonna win the? The team that's, you know, favored by the cuban government, or these other guys. Like I'm just gonna end up, I'm just gonna keep live betting these guys. 

01:17:32 - Rob Pizzola (Co-host)
Obviously they came back one, like as it always was gonna it's like when it's like when putin played like the khl was going to. It's like when it's like when Putin played like the KHL All-Star game or something like that it's like yeah, I scored like eight goals or something ridiculous, right. 

01:17:44 - Jason Weingarten (Spreadapedia) (Guest)
There was a game I don't remember exactly what it was in the World Cup, but like it was a Russian game where, like Putin was in the stands, I was like there's no way Russia will lose this game. Like I don't know anything about anything, I Russia will lose this game. Like I don't know anything about anything, I don't know who they're playing. I know Russia is going to win this game. Like they will not lose, with Vladimir Putin sitting there watching the game. Like it's just sometimes in foreign countries. You have to think like that when you're, when you're betting, especially when it comes to, like championships and stuff. 

01:18:12 - Rob Pizzola (Co-host)
But throw out your models and you just got to go with what is the common sense approach? The oligarch, model. 

01:18:20 - Jason Weingarten (Spreadapedia) (Guest)
I had that for UEFA Europa League for a while. But so the thing with the foreign baseball and the winter leagues and stuff the way I describe betting on it and why I don't do it anymore and why I used to do it is it's the same reason that players play winter league baseball or triple AAA baseball or Mexican baseball is because you need the money, you need the experience or you're working on something new in the off season that you want to try out, you know, before spring training. So at this point I don't necessarily need the money. I'm also not particularly interested in it anymore. I'm not working on anything new and I don't need the wraps. So nowadays I would much rather focus on Major League Baseball and have my November, december, january, february to do whatever I want, as opposed to following what's going on in the Dominican Republic and what's. You know what's going on in Mexico and you know it's lucrative if you're working your way up, but at a certain point it's. 

01:19:27 - Johnny Capo (Co-host)
There's other things to focus on how much ball are you actually watching? Like MLB? 

01:19:31 - Jason Weingarten (Spreadapedia) (Guest)
very little you would probably be shocked if I told you like, honestly, I don't even know the last game I watched. I typically watch Shohei Otani's pitching starts. I'm blacked out. Dodger games are blacked out in LA and I can get around it, like it's pretty easy, you can get a VPN and stream them or whatever, but I just like they're blacked out Like they don't want me to watch it. 

01:20:02
You don't watch the regular cable. I don't want to watch dodgers either, like I'm not a dodger fan, so you know. Do you have regular cable though? No, uh, do I have regular cable? I have. Uh, I have a roku with all the. 

01:20:06 - Rob Pizzola (Co-host)
I have logins we don't want to get this guy in trouble with his local law enforcement or anything like that. We can, okay, cut the streaming questions. You're like rob. 

01:20:14 - Johnny Capo (Co-host)
You're like rob no, I assume he pays for mlbtv, the, of course, the official mlb app. No, I'm sure he actually does. Then because? 

01:20:21 - Jason Weingarten (Spreadapedia) (Guest)
I use. I use joey isaac's brother's mlb login. 

01:20:24 - Rob Pizzola (Co-host)
I've been using it for like three years, so they still haven't cut down on the multiple accounts yet I mean, we used to do that back in the day there was like 10 of us on the same account at one time for mlb. I'm sure I can't believe they haven't cut down on that yet. There must be, like, a maximum amount of login. 

01:20:39 - Johnny Capo (Co-host)
I used to actually have do that as well and share it with a buddy, of course why, wouldn't you but, but the jays games are blacked out. Yeah, same deal. Yeah, yeah, it was annoying. 

01:20:47 - Rob Pizzola (Co-host)
You can only get like the one thing you want to watch. 

01:20:49 - Jason Weingarten (Spreadapedia) (Guest)
You can't watch, right, yeah? 

01:20:50 - Johnny Capo (Co-host)
and then you have to get the regular cable for those. And then they got me. I just get the regular cable now. So I listen, I want the fat. I'm betting on sports. I also like watching sports. I'll pay whatever it is for cable per month so that I can actually just watch all of the sports in on my tv with no leg, and that's it. It is what it is. I know other people disagree with that, but I don't even want to be forget about legal, illegal, whatever. I don't even want to be sifting through streams and doing all that just to happen like. 

01:21:19 - Jason Weingarten (Spreadapedia) (Guest)
I don't even want to deal with that, but sometimes for, for like certain foreign events, like even even though I could afford to just get cable or whatever, like it's fun to to find like a stream, you know, for for some like third division soccer or whatever foreign thing I'm betting on, and you know, seeing all the crazy people in the chats and like sometimes you just, you just want to. You know, get back to your roots and do it the old way. 

01:21:47 - Johnny Capo (Co-host)
Yeah, I think earlier this year or last year sorry I was streaming college football and it was like a really small market school that I had a bet on that. I wanted to sweat out, um, like I needed a backdoor cover. So I turned, I found the stream for it and I swear they were playing in literally a, basically a stadium that was like equivalent to like our high school, like a very it was like outdoor stadium with like those fold-up bleachers they're playing in. I don't even know what division this was, but I ended up watching the last drive and the tv quality was so bad I'm like, okay, these are ones, you just got it. You just got to bite the bullet and stream them and that's it. You know, ads x'd out 17 ads in a row. 

01:22:30 - Rob Pizzola (Co-host)
Volume up the chat's all there I hate ruining the game for you. Hey, touchdown, touchdown. You got the trolls in the chat who are always just there to oh it's, it's brutal. I hate the chats on the streaming sites, the game over, game over touchdown. 

01:22:44 - Johnny Capo (Co-host)
I'm at the guy that's I'm at the game. 

01:22:46 - Rob Pizzola (Co-host)
I'm at the game, it's done. Whatever like there's. Oh man, I can't, I can't deal with that. But yeah, I mean that's, um, sometimes you just want to watch something, man. That's how I stream, stream all those like celebrity boxing events and stuff. I'm not paying for the pay-per-view for. 

01:22:59 - Johnny Capo (Co-host)
Triller pay-per-view. Okay, that one fine Stream. That that's fair yeah. 

01:23:04 - Rob Pizzola (Co-host)
All right, Jason, you've been generous with your time. We'll end it here. We'll ask you the one question we asked to all of our guests at the end of their interviews If you could go time, let's say five years and talk to a previous version of yourself, what piece of advice would you give to your old self, Five years? 

01:23:21 - Jason Weingarten (Spreadapedia) (Guest)
So we're talking like 2017. Sure, we can, we? 

01:23:24 - Rob Pizzola (Co-host)
I mean we can give or take, but if you were talking to a previous version of yourself, one piece of of life advice that your old self would be trying to calculate the Bitcoin price. 

01:23:35 - Jason Weingarten (Spreadapedia) (Guest)
He's like when in can't get another bitcoin answer. Yeah, it's like when in 2017, obviously that'd be the don't buy a pizza. 

01:23:42
Don't buy a pizza with bitcoin I would just say don't sell the bitcoin. You know there was. You were talking about minor league baseball. Like I, I don't even want to. You wouldn't believe it, like I'm sure you would, because we all have crazy stories, but like the, the amount of money I was getting paid in Bitcoin for minor league baseball at one point would easily make me a millionaire right now, and I sold it for relatively not millions of dollars. You know, like those books behind me and stupid shit I bought with it. But you know I certainly don't have millions of dollars that definitely a more responsible person would, um, you know, have, but I don't know, I wouldn't. 

01:24:29
I don't think I would necessarily read those books and make a million from those books I wouldn't tell my five year ago self to do much differently because I still more or less have gotten to the places I wanted to go and do the things I want to do. So not much different I I necessarily would have. Would have changed maybe a couple presidential election bets. Um, you know, I haven't haven't won, every've made, uh, had some misfires here and there, but you know, overall I wouldn't, wouldn't say anything different five years ago. It doesn't seem that long ago. 10 years ago I probably would have had more to say to 10 year ago, Jason. 

01:25:08 - Johnny Capo (Co-host)
So what would you say to 10 year ago, then? What's a piece of actionable, actionable advice that a young kid listening to this pod could, could draw from? 

01:25:22 - Jason Weingarten (Spreadapedia) (Guest)
Go do anything else besides gambling. That's I mean, if you're doing it, you have to really love it, and if you're good at it you're probably good at other things that are more valuable to society. But I mean it's it's really, if you're into the gambling, like you're doing it because you think you can just make lots of money doing it and no other reason. You have to have fun doing it, though, like make sure you're always having fun with what you're doing, because once gambling stops being fun like you're and I don't mean like like having fun every day, but I mean like if you're not enjoying the stuff you're betting on, you know you're you're probably gonna start losing money a lot quicker yeah, that's well said and, um, I think a lot, of, a lot of people can take away some important stuff from that. 

01:26:09 - Rob Pizzola (Co-host)
And I just want to say, before we close off, this guy was actually like the biggest like minor league and foreign league baseball better At one period of time. It was so absurd it took me so long to connect the dots that this was you, jason. But I literally had people reaching out to me on a daily basis of, like I got this Mexican baseball that can't lose, like we literally will not have a losing week. You need to give me every account you have. I'd be like I'm not doing it, I'm not putting Mexican baseball in these accounts Two days later, like another guy, another guy, and it was happening forever. But then it was all these different leagues as well. 

01:26:49
And, yeah, it took me forever to piece it together. Probably could have made a lot of money with you at that time if I wasn't so ignorant. But, um, yeah, it's just funny that years later I figured out that it was actually you. It took like a lot of sleuth work, which I'm good at, but it started with like, oh, it's this California guy. You know, he's like in a bunker or something like that funniest stories I would hear about you. Then finally, like it was I don't remember what the what the light bulb moment was for me, but I'm like I know that guy I had, I had oyster, I had like an oyster dinner with that guy at some point or something and I pieced it all together. But, yes, definitely one of the biggest minor league and foreign baseball betters of all time. 

01:27:34 - Johnny Capo (Co-host)
Jason, there was a minor league syndicate and it was just Jason. 

01:27:38 - Rob Pizzola (Co-host)
It actually was, though. So so many people. I I don't even know that. Jason knows the extent to which this stuff was being bet. There was so many people betting this stuff, like so many. You definitely did not capitalize on it in the way that you should have at the time. Okay, and saying that it got around to literally everyone. Everyone who was betting at that time at some point or another was approached about mexican baseball. I'll leave it at that. I'm talking everyone anyway. People will be listening now and they'll be like, yes, mexican baseball, I remember, remember that, and they're going to put it together. 

01:28:17
Appreciate your time, jason. Anyone can check out his stuff on VSYN. He's on with Gil a couple times a week and does a bunch of other hits as well, and you can follow him on Twitter at Spreadopedia. Appreciate you joining us. Thanks for the time, jason. Thanks for having me. It was a lot of fun. This has been episode 57 of Circles Off. If you're on YouTube, hit that subscribe button, any other platform. Please rate and review Five Stars and we'll be back next week.