Latest / WiseKracks / Derek Stevens Talks Circa Football Contests + College Football Betting Preview & MORE!

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Derek Stevens Talks Circa Football Contests + College Football Betting Preview & MORE! · WiseKracks

• 0:00
  Speaker 1: Hey guys, welcome back to Wisecracks. John Orondo, Bill Krackenberger.
• 0:04
  Speaker 1: We have Derek Stevens, and I've been promising him come
• 0:06
  Speaker 1: on to let us know about what's going on in
• 0:09
  Speaker 1: this contest. Derek, thanks for coming on.
• 0:11
  Speaker 2: Appreciate it. Sorry I missed you last week. I'm getting ready.
• 0:14
  Speaker 2: My daughter's getting married here at the end of August,
• 0:16
  Speaker 2: so she's got a couple of events going. So I
• 0:19
  Speaker 2: got tied up. But I'm glad to be here. I'm
• 0:20
  Speaker 2: honored to be here.
• 0:21
  Speaker 3: I didn't know you had kids old enough to be married.
• 0:24
  Speaker 2: That's right. My son got married in April. Okay, my
• 0:27
  Speaker 2: youngest is getting married in August. So I got I
• 0:30
  Speaker 2: got a two team parlay in the summer at twenty six.
• 0:33
  Speaker 3: Wow, you have an expensive year. Yeah, well great, great. Listen.
• 0:39
  Speaker 3: Everyone wants to know about Circus Survivor.
• 0:42
  Speaker 1: I'm a guy that likes millions. I like the value.
• 0:45
  Speaker 1: I like using overlay a little bit. I like to
• 0:47
  Speaker 1: make a little more maybe a little more strategy involved
• 0:50
  Speaker 1: with the picking, but some strategy involved in Survivor too,
• 0:54
  Speaker 1: But we know there's a lot of luck involved in both.
• 0:57
  Speaker 1: What is the current pace compared to last year. Are
• 1:00
  Speaker 1: we going to reach these guarantees this year?
• 1:02
  Speaker 2: Well, you know, I I obviously want to want to
• 1:05
  Speaker 2: want to hit six million in Circle million, right.
• 1:07
  Speaker 4: Uh.
• 1:08
  Speaker 2: The reason it is, I don't want to take the
• 1:10
  Speaker 2: hit and cover cover the overlay to cover the last
• 1:13
  Speaker 2: couple of years, a couple of years. But I but
• 1:15
  Speaker 2: I feel pretty good right now that we're pacing above
• 1:18
  Speaker 2: the six million. I'm gonna put a pitch in for
• 1:21
  Speaker 2: Circle million. You'll you'll like this.
• 1:24
  Speaker 5: I think it.
• 1:24
  Speaker 2: I think this is you know, obviously a contest we
• 1:27
  Speaker 2: take no break, but I think this is a very
• 1:30
  Speaker 2: positive ev contest. So here's the reason. We're gonna take
• 1:33
  Speaker 2: a million two out of that six million, and that
• 1:36
  Speaker 2: goes into the quarters. Anything over six million, it's going
• 1:42
  Speaker 2: into the quarters. So at a minimum twenty percent of
• 1:46
  Speaker 2: the price, well maybe more if we go over, goes
• 1:48
  Speaker 2: into the quarters. And why this is important is because
• 1:52
  Speaker 2: you're gonna see a lot of people as the season
• 1:55
  Speaker 2: goes on, fade away from putting picks in. So let's
• 1:58
  Speaker 2: just say, you know how we always talk about this
• 2:00
  Speaker 2: no pick scenario. Sure, so let's say on opening week,
• 2:04
  Speaker 2: maybe we have a couple hundred people with no picks,
• 2:07
  Speaker 2: not a six million. Okay, that's a three percent advantage,
• 2:11
  Speaker 2: you know, right there. On an EV perspective, that also
• 2:15
  Speaker 2: has an impact on the quarter. But then as the
• 2:17
  Speaker 2: quarters go on, by the time you get to the
• 2:19
  Speaker 2: third quarter, maybe you're only going to have seventy five
• 2:22
  Speaker 2: percent of other people put picks in. By the fourth quarter,
• 2:25
  Speaker 2: maybe sixty percent. So when you think about each quarter
• 2:28
  Speaker 2: is worth five percent and then all of a sudden
• 2:31
  Speaker 2: only seventy five percent are going in, well's that's another
• 2:34
  Speaker 2: one point two five percent of EV right there, and
• 2:37
  Speaker 2: a little bit more in the fourth. So I view
• 2:39
  Speaker 2: this contest between the no picks and then there's people
• 2:42
  Speaker 2: maybe lose interest towards the end. Effectively, we're probably looking
• 2:46
  Speaker 2: at a probably a positive six percent seven percent EV
• 2:51
  Speaker 2: and that doesn't even matter how big it gets. So
• 2:53
  Speaker 2: I think with the EV guys, circum million is where
• 2:56
  Speaker 2: you got to focus.
• 2:57
  Speaker 1: Like I said in the beginning, especially with the saying
• 3:00
  Speaker 1: is people forget to put picks in. But even if
• 3:03
  Speaker 1: you put picks in and you start out bad doing
• 3:05
  Speaker 1: you know, maybe you're zero to ten the first ten weeks.
• 3:07
  Speaker 1: The first two weeks you say, oh, this contest, I'm
• 3:10
  Speaker 1: dead and then maybe after the first quarter or second
• 3:12
  Speaker 1: quarter you lose interest. Well, there's still contests within the contest, right,
• 3:17
  Speaker 1: and that's what brings them in. And by the way,
• 3:19
  Speaker 1: something we didn't mention in these contests.
• 3:24
  Speaker 3: You get a free hat. No, no, something we didn't mention.
• 3:26
  Speaker 1: No, you do get a free at, but no rake,
• 3:29
  Speaker 1: no rake, that's the biggest thing.
• 3:31
  Speaker 3: No rake contest.
• 3:32
  Speaker 1: One of my questions and I usually never I'm usually spontaneous,
• 3:36
  Speaker 1: but I even wrote down, how do you continue to
• 3:38
  Speaker 1: do this year after year with no rake? Because I'm thinking, yes,
• 3:44
  Speaker 1: it does bring a lot of foot traffic and people
• 3:46
  Speaker 1: come in sign up, they stay at CIRCA. But it
• 3:49
  Speaker 1: still cost you, guys a lot of money to put
• 3:52
  Speaker 1: these on.
• 3:52
  Speaker 3: Am I saying the right thing?
• 3:53
  Speaker 1: And it would cost you a lot of money for
• 3:55
  Speaker 1: someone just your system and to maintain and people that
• 3:58
  Speaker 1: are involved.
• 3:59
  Speaker 3: It does cost more.
• 4:00
  Speaker 2: Yeah, I think. I think sometimes people don't understand the
• 4:04
  Speaker 2: cost of the cost of putting a contest on like that.
• 4:08
  Speaker 2: You know, when we first started this with no rake,
• 4:11
  Speaker 2: we kind of thought, well, that's kind of a different approach,
• 4:14
  Speaker 2: But then I really thought, you know, the rake A
• 4:17
  Speaker 2: lot of people when you're playing it, you get worried
• 4:20
  Speaker 2: about their rate, and we thought, okay, this would be
• 4:22
  Speaker 2: a good marketing plan. What a lot of people don't understand,
• 4:26
  Speaker 2: whether we had a rake or not, that's a small
• 4:29
  Speaker 2: percentage of what a cost to run the contest, right right,
• 4:31
  Speaker 2: you know recently, you know, it's a little new competition
• 4:34
  Speaker 2: online this year, and they got an eight percent rake
• 4:38
  Speaker 2: on the contest. I don't think they understand it cost
• 4:41
  Speaker 2: us seven million dollars to run these contests.
• 4:44
  Speaker 3: I didn't that much.
• 4:45
  Speaker 2: Yeah, I mean we've a massive loser. So like to me,
• 4:49
  Speaker 2: I'm wondering, why would somebody else want to do this
• 4:51
  Speaker 2: unless you have a different way of monetizing it. It
• 4:53
  Speaker 2: doesn't make sense to me. Plus, you know, I mean,
• 4:55
  Speaker 2: think about the advertiser we're doing with the San Diego Padre,
• 4:58
  Speaker 2: We're with the Chicago Cup, Chicago White Sox. We have
• 5:02
  Speaker 2: all the radio we got forty different radio stations across
• 5:05
  Speaker 2: the country. We fund a docu series about the whole series. Yeah,
• 5:09
  Speaker 2: you know you and then and then we got and
• 5:11
  Speaker 2: then we've got all of all the compliance costs and
• 5:14
  Speaker 2: all the million customers. So yeah, this year, this year,
• 5:18
  Speaker 2: it'll probably cost us about seven million dollars to run
• 5:20
  Speaker 2: our contest. So that's a long way to answer your question.
• 5:24
  Speaker 2: Is it worth it. Yeah, we still think it's worth it.
• 5:26
  Speaker 2: But but obviously the obviously for us, the key thing
• 5:30
  Speaker 2: is getting people to serve because what happens is, you know,
• 5:34
  Speaker 2: over the course of over the course of let's say
• 5:38
  Speaker 2: the month of August and the first uh, the first
• 5:41
  Speaker 2: two weeks of September, we're probably gonna pick up an
• 5:45
  Speaker 2: extra two million dollars of food revenue. We're gonna pick
• 5:48
  Speaker 2: up an extra you know, I you know, I could
• 5:51
  Speaker 2: say two million dollars a hotel of revenue. But a
• 5:54
  Speaker 2: lot of this is comp revenue. But when you get
• 5:57
  Speaker 2: the we get the players in, what are they gonna do. Well, yeah,
• 6:00
  Speaker 2: they're gonna get a comper room, but maybe they're gonna
• 6:02
  Speaker 2: you know, they get the free entry to stadium swim,
• 6:04
  Speaker 2: but maybe they're gonna want to ball out. They're gonna
• 6:06
  Speaker 2: take it. They're gonna take a commander for five thousand.
• 6:09
  Speaker 2: So when you think about the impact in the stadium swim,
• 6:12
  Speaker 2: that's probably worth an extra million to a million five
• 6:16
  Speaker 2: throughout the course of the summer. Then you start thinking about, okay, well,
• 6:20
  Speaker 2: what about beverage, Well, beverage is a significant part of it.
• 6:23
  Speaker 2: Bars and then and then you know, we haven't even
• 6:26
  Speaker 2: started talking about the gambling side. You know, people that
• 6:30
  Speaker 2: buy ten entries into Circa Circa survivor Circle millions, they
• 6:34
  Speaker 2: have a high perpensive and you maybe hit a blackjack
• 6:37
  Speaker 2: table and then you know you're always sitting around a bar,
• 6:40
  Speaker 2: your little video poker. And then guess what, it's some
• 6:44
  Speaker 2: big chunk of our futures be in here. When people
• 6:47
  Speaker 2: are coming into these contests, what do they also do, Hey,
• 6:49
  Speaker 2: give me, give me twenty five thousand on the Chiefs
• 6:51
  Speaker 2: to win the super Bowl. I want a letter and
• 6:54
  Speaker 2: I want twenty five thousand Chiefs the division. She's the
• 6:56
  Speaker 2: conference chief the super Bowl. And the next thing, you know,
• 6:59
  Speaker 2: the guy from Buffalo those same thing, twenty five thousand
• 7:01
  Speaker 2: across the board. You know. So those are the elements
• 7:04
  Speaker 2: that come in. And then for us to take it
• 7:08
  Speaker 2: to the next step is that we get to meet
• 7:10
  Speaker 2: a lot of customers that would have walked into our place.
• 7:13
  Speaker 2: And when they walk in, many of them might like it.
• 7:15
  Speaker 2: They might be they might be Bellagio customers, or they
• 7:18
  Speaker 2: could be are you customers, They could be Caesar's Palace.
• 7:21
  Speaker 2: Customers win customers, and they come down here and like,
• 7:25
  Speaker 2: oh we like it. Whether they ever end up coming
• 7:27
  Speaker 2: to staying here down the road, maybe maybe not, but
• 7:30
  Speaker 2: you know, they might be coming back in October for
• 7:33
  Speaker 2: a college football weekend. They may be coming out for
• 7:36
  Speaker 2: Super wild Card weekend. So this contest has some legs
• 7:39
  Speaker 2: to it that has impact. You know, I don't look
• 7:42
  Speaker 2: at this like what's the cost to run the contest,
• 7:45
  Speaker 2: you know, that's the one thing, but it's it's how
• 7:48
  Speaker 2: we develop customers and how our casino hosts get to
• 7:51
  Speaker 2: develop these relationships, how these relationships get developed with these proxies.
• 7:55
  Speaker 2: I mean, this is all part of this ecosystem. So yeah,
• 7:58
  Speaker 2: for us to run the contest year kind of we
• 8:01
  Speaker 2: looked at them like between the advertising. Now I do
• 8:04
  Speaker 2: get the ability to put the foot on my foot
• 8:06
  Speaker 2: on the gas every now and then, I mean, you know,
• 8:08
  Speaker 2: you gotta you gotta, you gotta go go to the
• 8:11
  Speaker 2: gas station. You get a little advertisement right there. You
• 8:13
  Speaker 2: gotta right, so we can add or some practice, we
• 8:15
  Speaker 2: get closer, you know, electronic billboard throughout towns.
• 8:18
  Speaker 3: Like the airport coming.
• 8:21
  Speaker 1: Then you get hit with you know, so you can't
• 8:23
  Speaker 1: get into Vegas without saying it.
• 8:25
  Speaker 5: So I don't have a fix.
• 8:25
  Speaker 2: I don't have a fixed cost, but I would say
• 8:27
  Speaker 2: seven million, give or take. Usually I add a little
• 8:30
  Speaker 2: more at the end of booster. But yeah, that's what
• 8:32
  Speaker 2: it costs us to run. Then run the contest.
• 8:34
  Speaker 3: How about how transparent?
• 8:37
  Speaker 1: It's great transparent these big corporations that branding, you.
• 8:42
  Speaker 3: Know the value.
• 8:43
  Speaker 4: It's like you said earlier, you said, there's the contest
• 8:45
  Speaker 4: within the contest. You basically created the season within the season.
• 8:49
  Speaker 4: Like you already know you're gonna be busy football season
• 8:52
  Speaker 4: just by the nature of football season.
• 8:53
  Speaker 6: But now it's like you own football.
• 8:55
  Speaker 4: Season when you do something like this for all those
• 8:57
  Speaker 4: reasons you just mentioned, it's really it's it's genius. But
• 9:00
  Speaker 4: you've always been a visionary, I mean to I told
• 9:03
  Speaker 4: you the first time you were on wisecracks with us
• 9:05
  Speaker 4: a few years ago.
• 9:06
  Speaker 2: Like I thought, but before I ever.
• 9:08
  Speaker 4: Met you, I thought you were crazy for building this downtown.
• 9:13
  Speaker 6: I was like, that's never gonna work.
• 9:15
  Speaker 4: I couldn't have been more wrong, Like you literally made
• 9:19
  Speaker 4: downtown what it is.
• 9:22
  Speaker 2: Well, you know, for us, I always think of business,
• 9:25
  Speaker 2: no matter what business you're in. Could be a restaurant,
• 9:27
  Speaker 2: could be it could be software development, it could be
• 9:31
  Speaker 2: Casito hospital. You gotta focus in on and you gotta
• 9:35
  Speaker 2: know your customer, and then you got to focus on
• 9:38
  Speaker 2: the customer. You could be wrong. I mean, business is tough,
• 9:42
  Speaker 2: but if you focus on one thing and you focus
• 9:44
  Speaker 2: on the customer and you try to come up with
• 9:47
  Speaker 2: an experience that a customer would or want, I think
• 9:51
  Speaker 2: you're going down the right path for me. You know,
• 9:54
  Speaker 2: I'm not an art guy. I'm not cultured in that manner,
• 10:00
  Speaker 2: so I wanted to stay the hell out of that.
• 10:02
  Speaker 2: But I love sports. I love sports gambling. I've been
• 10:05
  Speaker 2: coming here since I've since I've been under twenty one,
• 10:09
  Speaker 2: and we all were and you know, for me, I
• 10:14
  Speaker 2: always thought about those moments in my life that impacted me,
• 10:17
  Speaker 2: Like that moment I walked in to Caesar's Palace the
• 10:20
  Speaker 2: first time at that sports book, I go, WHOA, that's
• 10:23
  Speaker 2: that's ingreat. That's a memory I'll never be the first
• 10:26
  Speaker 2: time I walked into the Las Vegas Hilton, I thought,
• 10:29
  Speaker 2: oh my god, the greatest joint I ever seen. It's unbelievable.
• 10:32
  Speaker 2: And I wanted to create something that would attract people.
• 10:36
  Speaker 2: And I thought, well, you know, we're not going to
• 10:38
  Speaker 2: have eight thousand hotel rooms here, so I'm not going
• 10:41
  Speaker 2: to compete on hotel rooms. I don't have the money
• 10:43
  Speaker 2: to do that. I don't really want to do that.
• 10:46
  Speaker 2: But I wanted to create something that was best in class,
• 10:49
  Speaker 2: that attracted a demographic of people that were somewhat like minded.
• 10:53
  Speaker 2: And I know when people come to Vegas, a lot
• 10:55
  Speaker 2: of them are very very loyal to Caesar's properties. Maybe
• 10:59
  Speaker 2: there's a Caesar's property of their hometown, so they got
• 11:01
  Speaker 2: all the points they're gonna stay. See, maybe there's people
• 11:04
  Speaker 2: that are loyal to MGM properties. Maybe there's people that
• 11:06
  Speaker 2: are loyal to win property. Maybe there's people that are
• 11:09
  Speaker 2: loyal to their Hiatt points or their Hilton points or
• 11:12
  Speaker 2: their Mariatt they're bonvoid points, They're gonna stay somewhere else.
• 11:16
  Speaker 2: So let's not focus on the hotel component, but let's
• 11:19
  Speaker 2: focus in on a subset of the hotel there's one
• 11:22
  Speaker 2: hundred and sixty thousand hotel rooms in Vegas. A certain
• 11:25
  Speaker 2: presentatives of those people that are gonna be in those
• 11:27
  Speaker 2: rooms tonight are big time sports fans. And if you're
• 11:31
  Speaker 2: big time sports fans. Wouldn't you want to come out
• 11:33
  Speaker 2: and see the world's largest sports book. So I'm really
• 11:36
  Speaker 2: trying to take you know, a few people from every place,
• 11:39
  Speaker 2: even Airbnb's whatever stuff. And this is a great place
• 11:42
  Speaker 2: if you love sports, you love math, you love numbers,
• 11:45
  Speaker 2: you love gambling. This is why I wanted to attract.
• 11:47
  Speaker 1: And you're here every Sunday watching the games too, even
• 11:51
  Speaker 1: though Sunday is usually a day off for most executives people,
• 11:54
  Speaker 1: but you are during the season though you're kind of
• 11:57
  Speaker 1: here most of the Sundays.
• 11:58
  Speaker 5: I love it.
• 11:58
  Speaker 2: I love it. I mean, I mean, and the way
• 12:00
  Speaker 2: things are going, I might be here even more. I'm here.
• 12:02
  Speaker 2: I'm here a lot, but but I mean this streaming
• 12:05
  Speaker 2: stuffs for the birds bill, right, I'm telling you, I
• 12:09
  Speaker 2: got to see every gate, right. You know, you know
• 12:12
  Speaker 2: this this thing and going on. You like this change,
• 12:15
  Speaker 2: I mean, you know you're flipping back. It's I mean,
• 12:18
  Speaker 2: this is like one of those things that's new and improved,
• 12:20
  Speaker 2: but actually it's new and worse, you know, in the
• 12:23
  Speaker 2: old days. I mean, I think we all love Sunday ticket,
• 12:26
  Speaker 2: we all love the reds be able to watch all
• 12:29
  Speaker 2: the I gotta watch all the gates. I don't want
• 12:31
  Speaker 2: to have I don't want to have any buffering, and
• 12:33
  Speaker 2: that and the latency shot me crazy. I'm watching my
• 12:37
  Speaker 2: phone all the time. I cannot deal with a sixty
• 12:40
  Speaker 2: five second ninety second late are you kidding? And that's
• 12:44
  Speaker 2: just terrible.
• 12:45
  Speaker 1: It is that long. It is that long of delay,
• 12:47
  Speaker 1: and uh, you know, where else can you go? I
• 12:50
  Speaker 1: said this multiple times on all my platforms. I just
• 12:53
  Speaker 1: talked about this on Fox Sports Radio. I talked about
• 12:55
  Speaker 1: you a couple of weeks go on Fox Sports Radio.
• 12:57
  Speaker 1: I said, where else can you go? Go into a
• 13:00
  Speaker 1: casino and say.
• 13:02
  Speaker 3: Hello to the owner.
• 13:02
  Speaker 1: He's happy to shake your hand, Bring you in, Come
• 13:05
  Speaker 1: to the bar, the bar, right, come to the bar.
• 13:06
  Speaker 3: I just said it for sometimes Berry's dinner. And yeah, no,
• 13:11
  Speaker 3: it's just so cool. And there's just not there's not
• 13:13
  Speaker 3: a lot.
• 13:14
  Speaker 1: Of old school vibes and old school transparent people. You
• 13:18
  Speaker 1: just said so much stuff that you didn't have to
• 13:20
  Speaker 1: say how much you spend on this?
• 13:21
  Speaker 2: This?
• 13:21
  Speaker 5: This?
• 13:22
  Speaker 1: People want to know this. I've been asked this the
• 13:23
  Speaker 1: multitude the time. I've been saving this question. When can
• 13:27
  Speaker 1: they play these contests at your other casinos outside of Nevada?
• 13:33
  Speaker 3: Now? That's going to take a lot.
• 13:35
  Speaker 1: I guess I might even violate the sixty one wiret.
• 13:38
  Speaker 1: I don't know how how these how these contests work.
• 13:42
  Speaker 1: When are is circa When when is the survivor going
• 13:45
  Speaker 1: to be maybe more of a national contest?
• 13:47
  Speaker 3: Are you shooting for that? That may be very costly too.
• 13:51
  Speaker 2: So so let me answer you your last question first,
• 13:54
  Speaker 2: All right, are we shooting for a national contest? I
• 13:58
  Speaker 2: would tell you the answer to that is it depends.
• 14:02
  Speaker 2: It depends on the regulatory environment, and it depends on
• 14:05
  Speaker 2: the story. If we were to offer any of our
• 14:10
  Speaker 2: football contests out of state where people could register remotely, yes,
• 14:16
  Speaker 2: I already said what it costs to run these things, Well,
• 14:19
  Speaker 2: there's going to be a rate on it. You got
• 14:20
  Speaker 2: to pay for We run a no rate contest by
• 14:23
  Speaker 2: and our business model. I gave you all the different
• 14:27
  Speaker 2: benefits we have of having people come here. So if
• 14:29
  Speaker 2: we were to do something where you can sign up
• 14:31
  Speaker 2: in Illinois or Kentucky or in the future in Arizona,
• 14:34
  Speaker 2: things like that, it would depend. So is that a goal?
• 14:40
  Speaker 2: Not necessarily, but it depends on how the regulatory environment
• 14:44
  Speaker 2: shakes out. I would also say that based upon our
• 14:47
  Speaker 2: legal console. We are of the belief is still not legal,
• 14:52
  Speaker 2: and because we have a gaming license sure in six
• 14:56
  Speaker 2: jurisdictions seven coming up early next you're in Arizona. Huh.
• 15:02
  Speaker 2: I don't want to risk our our gaming license because
• 15:06
  Speaker 2: we currently believe doing that is not legal. There's a
• 15:10
  Speaker 2: couple of lawyers that have put out some white papers
• 15:12
  Speaker 2: that say it's legal, but it's never been tested. And
• 15:15
  Speaker 2: I'm certainly not going to risk that because I don't believe.
• 15:20
  Speaker 2: I don't believe that to be a legal scenario today
• 15:23
  Speaker 2: for multiple reasons.
• 15:24
  Speaker 3: I got you, I got you. John, We've taken enough
• 15:27
  Speaker 3: of his time here.
• 15:28
  Speaker 2: Well, I have one quick question.
• 15:29
  Speaker 4: Uh, you know, I play a lot of poker, played
• 15:32
  Speaker 4: just got done playing a World Series of Poker for
• 15:34
  Speaker 4: this whole summer. Michaels I got Bill back into the
• 15:37
  Speaker 4: poker scene.
• 15:38
  Speaker 2: Last year he played the he played the senior event.
• 15:40
  Speaker 6: This year he played the main event.
• 15:42
  Speaker 4: What do we gotta do to get you to play
• 15:44
  Speaker 4: either the senior event or the He's not.
• 15:46
  Speaker 2: A senior yet, I'm a senior, right, I'll take whatever
• 15:50
  Speaker 2: advantage I got right or the main event next year?
• 15:54
  Speaker 2: Can it happen?
• 15:55
  Speaker 6: Would you ever do it?
• 15:56
  Speaker 2: I would tell you a I don't know how to
• 16:01
  Speaker 2: play poker. Okay, yeah, I will tell you I don't
• 16:06
  Speaker 2: know how to play poker. Like everybody asked, I, do
• 16:08
  Speaker 2: you not know how to play poker? I go, well,
• 16:10
  Speaker 2: so many like I enjoy it. I've played. I've played
• 16:16
  Speaker 2: in two games in in the last two years. Both
• 16:19
  Speaker 2: were charity events, Greg Mannox's event that we do we
• 16:23
  Speaker 2: do it here, so I get a seat at the
• 16:25
  Speaker 2: Greg Mannocks event. So I enjoy it. But I will
• 16:30
  Speaker 2: tell you, like I I needed help, you know, I
• 16:32
  Speaker 2: couldn't like I wasn't sure it was a straight better
• 16:35
  Speaker 2: than a flush or not.
• 16:37
  Speaker 5: That's kind of.
• 16:37
  Speaker 2: Where so that's kind of my love. Can I do it?
• 16:42
  Speaker 2: For the social aspect, I enjoy watching these arrivals at
• 16:48
  Speaker 2: the main event. Wherever I would get posted or whatever
• 16:52
  Speaker 2: table I would at, I would be considered a lamb.
• 16:58
  Speaker 2: He has given it sacrifice to the other eight guys
• 17:00
  Speaker 2: at that opening table. But I would do it. I
• 17:02
  Speaker 2: would do it for a lot of fun. Yeah, well,
• 17:04
  Speaker 2: I would wear I would wear a logan.
• 17:06
  Speaker 3: You know.
• 17:09
  Speaker 1: Media Circuit were a kid, though you were in Michigan
• 17:12
  Speaker 1: as a kid, you guys didn't play poker games and
• 17:15
  Speaker 1: as a kid.
• 17:15
  Speaker 3: But first of all, did your dad allow gambling?
• 17:18
  Speaker 2: No? No, I uh, there was there was no poker
• 17:21
  Speaker 2: and there was no poker in my house. So there's
• 17:24
  Speaker 2: no poker within my friend's set. It was even when
• 17:27
  Speaker 2: I went to college. I think maybe I was of
• 17:32
  Speaker 2: the ear that was a little bit before the poker
• 17:35
  Speaker 2: it was. I was, I was out of college before
• 17:38
  Speaker 2: the money Maker, Like I went away. What was the
• 17:41
  Speaker 2: moneymaker year two thousand and two. Oh, yeah, I was.
• 17:44
  Speaker 4: I was way out of college like Rounders movie Rounds
• 17:47
  Speaker 4: came out, like nineteen ninety eight.
• 17:48
  Speaker 2: Yeah, I was out of college. So I so poker wasn't.
• 17:53
  Speaker 2: I can tell you, I like we gambled on football.
• 17:56
  Speaker 2: I can tell you that every single guy in my
• 17:58
  Speaker 2: frateririty was betting on a game. All we were all
• 18:00
  Speaker 2: into that. But I can tell you I don't remember
• 18:05
  Speaker 2: anybody ever say hey, you want to play a poker game.
• 18:07
  Speaker 2: But just it wasn't a thing back in It wasn't
• 18:09
  Speaker 2: a thing back in the late eighties and early nineties.
• 18:13
  Speaker 3: Sports betting was though a little bit.
• 18:14
  Speaker 2: Sports betting it certainly was, I mean absolutely, but poker
• 18:18
  Speaker 2: just was never never. No, there's nothing against it, but nobody.
• 18:22
  Speaker 2: I would think, like, if I can take myself back
• 18:24
  Speaker 2: to here and say, hey, let's go play Texas, hold them,
• 18:26
  Speaker 2: I would bet very few people would have known the rules.
• 18:29
  Speaker 1: What was your business before these casinos?
• 18:33
  Speaker 3: What was your business before? People don't know?
• 18:35
  Speaker 1: But what did you do before you ventured into the
• 18:38
  Speaker 1: old Fitzgerald's right?
• 18:39
  Speaker 3: That was FitzGeralds.
• 18:41
  Speaker 2: Golden Gate was my first one.
• 18:42
  Speaker 3: Oh, Golden Gate.
• 18:42
  Speaker 2: Okay, two thousand and six, Golden in Vegas?
• 18:45
  Speaker 3: Twenty years Okay, what did you do with twenty five
• 18:47
  Speaker 3: years ago?
• 18:48
  Speaker 2: I ran an automotive manufacturing company in Detroit. Right, make
• 18:54
  Speaker 2: parts for cars.
• 18:54
  Speaker 3: Make parts for cars. You just decided to come out
• 18:56
  Speaker 3: to Vegas and take a shot.
• 18:57
  Speaker 2: Well, I made parts for cars, will make parts for cars,
• 19:01
  Speaker 2: So it's still a business I'm in. But I always
• 19:06
  Speaker 2: wanted to grow a business, and I i I really
• 19:10
  Speaker 2: came to love my automotive manufacturing business. But what I
• 19:15
  Speaker 2: love is I love taking a business and growing a business.
• 19:18
  Speaker 2: I love growing teams, building building up teams, growing growing businesses.
• 19:23
  Speaker 2: And I felt that to grow a business as quickly
• 19:29
  Speaker 2: as possible, I needed to go to a state that
• 19:32
  Speaker 2: didn't have an income tax, so so frankly I was,
• 19:37
  Speaker 2: I focused in on four States, and I knew I
• 19:41
  Speaker 2: wanted to keep my business on on auto parts of manufacturing.
• 19:46
  Speaker 2: I'm still the CEO of that company. I'm I'm it's
• 19:49
  Speaker 2: still it's a good, great, great business. But we plow
• 19:52
  Speaker 2: everything back into our businesses. And if we were paying
• 19:56
  Speaker 2: state income tax that allows that that reduces how much
• 20:00
  Speaker 2: you could put back into future businesses. So I looked
• 20:03
  Speaker 2: at I looked at four States. I looked at Alaska,
• 20:06
  Speaker 2: I looked at Nevada, I looked at Texas, and I
• 20:08
  Speaker 2: looked at at Florida. Florida was more real estate orientated,
• 20:12
  Speaker 2: and that didn't really excite me. Plus I didn't I
• 20:15
  Speaker 2: don't like the humidity Texas with great respect and reverence,
• 20:23
  Speaker 2: I thought. Man, at my age, I was in my
• 20:27
  Speaker 2: late thirties, I go, I did not grow up talking
• 20:31
  Speaker 2: about natural gas and oil at Thanksgiving dinner, and I
• 20:35
  Speaker 2: think you got to really start talking about like I thought,
• 20:38
  Speaker 2: I was a little too old to get into what
• 20:39
  Speaker 2: I considered to be a business that I didn't want
• 20:42
  Speaker 2: to go through the learning curve. There a last guy
• 20:45
  Speaker 2: I just thought was too far away and it's too
• 20:47
  Speaker 2: damn cold.
• 20:48
  Speaker 3: And even though you were in Michigan a little bit
• 20:51
  Speaker 3: too cold.
• 20:51
  Speaker 2: And then and then you know, it wasn't really our
• 20:54
  Speaker 2: decision because I'd been coming out to Vegas. Like I
• 20:57
  Speaker 2: said earlier, so before I was twenty one. I love Nevada.
• 21:01
  Speaker 2: I love the weather, I love the sunshine. I love
• 21:04
  Speaker 2: the people. I love I love the convention and the
• 21:09
  Speaker 2: hospitality element. And obviously I love sports, and I love gambling.
• 21:12
  Speaker 2: I love the events. I mean, to me, what I
• 21:14
  Speaker 2: what I find exciting. Whatever city you're in, whatever city
• 21:19
  Speaker 2: you're in on let's just say a Friday afternoon could
• 21:23
  Speaker 2: be coming out of New York. I've taken flights from
• 21:25
  Speaker 2: these cities coming into Vegas on Friday afternoons. I've done
• 21:29
  Speaker 2: it from uh I've done it from Newark. I've done
• 21:33
  Speaker 2: it from Atlanta. I've done it from Cincinnati. I've done
• 21:35
  Speaker 2: it from Minneapolis. I've done it from Seattle. I've done
• 21:37
  Speaker 2: it from San Francisco. I've done from San Diego, La Phoenix.
• 21:41
  Speaker 2: There's nothing like a Friday afternoon flight into Las Vegas.
• 21:47
  Speaker 2: When you're in that when you're in that fuselage, the
• 21:50
  Speaker 2: energy in the plane is it's different. It's different. Than
• 21:54
  Speaker 2: if you go to any other city in this country.
• 21:56
  Speaker 2: It's amazing. People are excited. And I just always felt
• 22:00
  Speaker 2: it myself coming from Detroit all the time. And you
• 22:03
  Speaker 2: remember one of the first few years I was out here,
• 22:05
  Speaker 2: my kids were still in high school. So I flew
• 22:08
  Speaker 2: back and forth every week for about four years to Detroit,
• 22:13
  Speaker 2: and there was something special about when you get on
• 22:16
  Speaker 2: that flight. You know that you could feel it. You
• 22:18
  Speaker 2: could it's a little bit different coming in. And when
• 22:20
  Speaker 2: you see the lights, you know, that's where these myths
• 22:22
  Speaker 2: all they add oxygen at casinos now it's everybody gets
• 22:25
  Speaker 2: all hyped though, because you're coming.
• 22:26
  Speaker 1: We talked about that in the last week's show, the
• 22:28
  Speaker 1: Myth of Oxygen, and you know, yeah, so and there is.
• 22:31
  Speaker 1: And then sometimes you fly back where I was flying
• 22:33
  Speaker 1: back to either New York, Newark or Philly, there's a
• 22:36
  Speaker 1: difference on the plane. It's quiet going back. My father
• 22:39
  Speaker 1: old school, he used to get so upset, almost tear up.
• 22:43
  Speaker 1: He didn't want to leave flying back to Nork. So
• 22:46
  Speaker 1: it is a big difference though, and uh, anything else
• 22:48
  Speaker 1: for Derek, we really appreciate it.
• 22:51
  Speaker 6: I have watch envy.
• 22:54
  Speaker 5: Oh it's amazing.
• 22:55
  Speaker 2: I love this one. This is my I bought this.
• 22:57
  Speaker 2: I bought this when F one was what was coming
• 23:02
  Speaker 2: here because I saw Richard mill was a was a
• 23:05
  Speaker 2: sponsor for one. Yeah, I didn't know much about one.
• 23:07
  Speaker 5: I watched.
• 23:08
  Speaker 2: I watched the series on Netflix. Enjoyed that. Yeah, And
• 23:12
  Speaker 2: I was never a watch guy. So I had a
• 23:14
  Speaker 2: couple of watches, and uh, and Nicole and I were
• 23:17
  Speaker 2: talking and that I'm gonna go buy a watch. So
• 23:19
  Speaker 2: you're a watch guy. Now this is this. I love
• 23:22
  Speaker 2: this little sixty seven. It's comfortable. Now it's my daily watch.
• 23:25
  Speaker 4: I love it.
• 23:26
  Speaker 2: Nice. Yeah, thank you for doing this. Thank you guys, Thank you.
• 23:29
  Speaker 1: All right, Hey guys, bringing a couple more friends. Chris
• 23:33
  Speaker 1: de bart FeliCa, Jeff Schwartz, my co host on Fox
• 23:36
  Speaker 1: Sports Radio, and guys, what are you doing here? I'm
• 23:42
  Speaker 1: so happy that Jeff's wife let him come out.
• 23:44
  Speaker 3: You know, a lot of pressure on this. Many times
• 23:48
  Speaker 3: she's texted me what's he doing?
• 23:50
  Speaker 4: What?
• 23:50
  Speaker 2: You know?
• 23:51
  Speaker 3: What?
• 23:52
  Speaker 2: Why is there more money out the bank account?
• 23:53
  Speaker 5: Going yeah, exactly, I never can't.
• 23:55
  Speaker 7: Why is it always coming out and not coming in?
• 23:57
  Speaker 2: She actually asked me that last week. She goes, you
• 24:00
  Speaker 2: you always put money? Give me I just look, I
• 24:02
  Speaker 2: just spend it.
• 24:02
  Speaker 3: You know, I never asked you this, Jeff.
• 24:04
  Speaker 1: Now, before you played eight years in the NFL, were
• 24:06
  Speaker 1: you with your wife then?
• 24:07
  Speaker 3: Were you?
• 24:08
  Speaker 8: I met her when I first got in the NFL,
• 24:10
  Speaker 8: when you first got there, so like she knows me.
• 24:12
  Speaker 8: Like we had nothing when I was a practice squad player,
• 24:14
  Speaker 8: much less money. She was a medical assistant. And obviously
• 24:18
  Speaker 8: I'm where i'm and she's now executive bosketball.
• 24:20
  Speaker 3: So you still got it working. She's that's great. I'm
• 24:23
  Speaker 3: so glad you gotta work.
• 24:24
  Speaker 8: One of it is is that she has to work,
• 24:27
  Speaker 8: otherwise I don't know what you could do all day.
• 24:29
  Speaker 5: She's like a type A like, I don't know what she.
• 24:31
  Speaker 2: Would do with her life.
• 24:31
  Speaker 1: She comes out here to this electric daisy thing ec ADC.
• 24:35
  Speaker 3: Yes, yeah, so it's partying, going crazy, yeah.
• 24:39
  Speaker 8: And then she'll handle higher ing twenty docars.
• 24:42
  Speaker 1: In the mouth.
• 24:42
  Speaker 3: Someone's sharing what happened.
• 24:43
  Speaker 1: Someone's sharing for the dodgersatani at home run. So guys,
• 24:48
  Speaker 1: you know we're talking about anti Dodgers things.
• 24:51
  Speaker 3: The Dodgers have lost five in a row. Yep, five
• 24:53
  Speaker 3: in a row.
• 24:53
  Speaker 1: I think the fifteen and thirteen, so they get that
• 24:56
  Speaker 1: they get the big trade. And on Sunday, I think
• 24:58
  Speaker 1: the Saturday Sunday Saturday Night and everyone's back. We interviewed
• 25:04
  Speaker 1: the director of risk of bet MGM, and he's everyone's
• 25:07
  Speaker 1: firing Dodgers, super Bowl, Dodgers World Series, Dodgers players, Dodgers.
• 25:10
  Speaker 5: And at that point, you're too late.
• 25:12
  Speaker 3: It's too late.
• 25:13
  Speaker 1: Everyone has adjusted. I made a video on it Sunday
• 25:16
  Speaker 1: and uh, yeah, listen. Are they the favorites? Yes, should
• 25:20
  Speaker 1: they get there? Absolutely? Should they win the World Series? Oh,
• 25:23
  Speaker 1: they have the talent too, but I'm not betting with
• 25:26
  Speaker 1: the current odds.
• 25:27
  Speaker 7: Looking last year they went out one out away from losing.
• 25:30
  Speaker 3: Yeah, arguably should have lost.
• 25:34
  Speaker 7: Went and two years ago against San Diego, they're throwing
• 25:38
  Speaker 7: a bullpen game for survival in the first ground and
• 25:41
  Speaker 7: they wanted while they have the best team, it's baseball.
• 25:44
  Speaker 7: It's so land of anything like like they couldn't run
• 25:48
  Speaker 7: into NS twice another five years lose like as possible.
• 25:53
  Speaker 1: So you guys, do you guys come to hear it
• 25:55
  Speaker 1: to town for bet Bash every year or just you're
• 25:58
  Speaker 1: doing your podcast.
• 25:59
  Speaker 7: This is the first all right, we Spanky, we reached
• 26:02
  Speaker 7: out and invited us to do it this year, which
• 26:03
  Speaker 7: you're happy to do it. It's great to come out
• 26:05
  Speaker 7: here and see everybody say it.
• 26:07
  Speaker 3: We'll do aren't theat Yes? Aren't that people?
• 26:10
  Speaker 7: That's the thing people about And not to name other
• 26:15
  Speaker 7: names or remembering the past, how the super Book.
• 26:18
  Speaker 5: Used to do, like the symposiums and the panels.
• 26:21
  Speaker 7: Yeah, used to love to come out every year and
• 26:23
  Speaker 7: do them, meet a bunch of people. They were great
• 26:26
  Speaker 7: and I've missed that so much. And this is an option.
• 26:29
  Speaker 5: It's kind of the same type of app.
• 26:30
  Speaker 7: You're on Fox now, yes?
• 26:32
  Speaker 2: Right?
• 26:32
  Speaker 3: And now do you do Fox every weekend?
• 26:35
  Speaker 2: Friday?
• 26:35
  Speaker 3: Is it every day?
• 26:36
  Speaker 7: Your weekend big noon kickoff wherever wherever the show is
• 26:39
  Speaker 7: from catching noon on on on Fox before that noon
• 26:42
  Speaker 7: game and then we do the bare Bets show three
• 26:44
  Speaker 7: times a week.
• 26:45
  Speaker 5: We do one Monday to is that you guys together.
• 26:47
  Speaker 7: It's myself, Jeff, Sammy, p Will.
• 26:49
  Speaker 3: Hill and every night okay, good guy who's.
• 26:51
  Speaker 7: Settling on Friday? So yeah, Monday Thursday in New York
• 26:56
  Speaker 7: we do. We do the Thursday show in New York. Yes, Monday,
• 26:58
  Speaker 7: we fell from Home Friday with them from sight with
• 27:01
  Speaker 7: myself in Blue Stelping.
• 27:02
  Speaker 3: Nice you fly to there.
• 27:05
  Speaker 8: I play the ook every week, so we do this
• 27:06
  Speaker 8: report Thursday, I come home.
• 27:09
  Speaker 2: He then goes off to wherever he goes for.
• 27:10
  Speaker 8: Can you take off with got until probably Midgejanuary?
• 27:14
  Speaker 4: Really right?
• 27:15
  Speaker 5: Yeah, yeah, until he was over.
• 27:16
  Speaker 1: So my big question, the reason why I wanted that
• 27:18
  Speaker 1: he's on. Do either you or if you participate in
• 27:21
  Speaker 1: Survivor or Millions?
• 27:23
  Speaker 3: Yes?
• 27:23
  Speaker 5: And yes?
• 27:24
  Speaker 7: Oh okay, I yeah, I just entered a couple of
• 27:26
  Speaker 7: Survivor and I had not entered Millions for a while,
• 27:31
  Speaker 7: just because I felt like I was kind of dead money.
• 27:33
  Speaker 7: But I was like, you know what, why didn't I
• 27:35
  Speaker 7: take one less Survivor and now went through a millions.
• 27:38
  Speaker 3: We'll be a little bit of an overlap.
• 27:40
  Speaker 7: We're going to be a little bit over and over lady,
• 27:42
  Speaker 7: and maybe we get a season in the NFL where
• 27:45
  Speaker 7: it kind of reverts back to what it had been
• 27:48
  Speaker 7: in the past, where it's a little more contrarian and
• 27:50
  Speaker 7: isn't necessarily favorite covering into ridiculous flip every week.
• 27:54
  Speaker 5: So if it's that, you get that, and then they're.
• 27:56
  Speaker 7: Always alive for either a booby prize or a quarterly
• 27:59
  Speaker 7: or opportunity is going in.
• 28:01
  Speaker 5: I don't. I don't want to press any buttons and
• 28:03
  Speaker 5: get sure.
• 28:04
  Speaker 7: Sure, but I while I love Survivor, I love it.
• 28:08
  Speaker 5: It's great. Do you get the Saints?
• 28:10
  Speaker 7: Maybe Survivor now with a little bit more of a
• 28:13
  Speaker 7: bank roll type tournament, with a little bit of the
• 28:16
  Speaker 7: poker bros.
• 28:17
  Speaker 1: Derek just said something I never even realized people that
• 28:19
  Speaker 1: Survivor you're doing bad, and you say to yourself, if
• 28:23
  Speaker 1: I'm doing not doing good, forget about. They don't realize
• 28:26
  Speaker 1: there's contest within the contest and there's some value there
• 28:28
  Speaker 1: maybe towards the end, people not putting in that quarterly thing.
• 28:31
  Speaker 1: So yeah, it should be great. So I just wanted
• 28:35
  Speaker 1: to get a couple of minutes with you guys. And
• 28:36
  Speaker 1: you guys are doing your podcast today. You're flying out, Yes,
• 28:39
  Speaker 1: you're flying back out Thursday. Good good, well, good, Thanks
• 28:43
  Speaker 1: for coming on, guys.
• 28:44
  Speaker 3: Thanks, thanks, thanks.
• 28:45
  Speaker 5: Don't even get asked for a pick.
• 28:46
  Speaker 3: Oh you want to give us a pick? We want
• 28:48
  Speaker 3: to pick. Give it. Get the guys some place.
• 28:51
  Speaker 7: I played Georgia up plus two eighty to win the
• 28:53
  Speaker 7: SEC might be able to find a better.
• 28:54
  Speaker 5: Brights Okay, I think they're good. Did I say Rescue station?
• 28:57
  Speaker 5: He said, we like Miami when they like to it's
• 29:00
  Speaker 5: the same time.
• 29:01
  Speaker 7: It's the same type of philosophy, but you're getting a
• 29:03
  Speaker 7: better price because I think there's a really good change.
• 29:06
  Speaker 7: Georgia might be the only SEC team to win ten games.
• 29:09
  Speaker 7: They're gonna be in the SEC Championship game. And if
• 29:12
  Speaker 7: they're there, you got him a plus two eighty.
• 29:14
  Speaker 5: You're either gonna be a small favorite or a pick them.
• 29:17
  Speaker 5: You can figure out what to do.
• 29:18
  Speaker 7: And it's the same thing with Miami and Texas Tech
• 29:20
  Speaker 7: and the AC team and Big twelve. They're gonna be
• 29:22
  Speaker 7: in the game, and there'll be an even bigger favorite.
• 29:25
  Speaker 7: So you offered up a little bit more of an
• 29:27
  Speaker 7: opportunity maybe to kind.
• 29:28
  Speaker 5: Of tend you.
• 29:29
  Speaker 3: I'm sure you know this.
• 29:30
  Speaker 1: I'm doing uh Fox Sports radio four years now with
• 29:33
  Speaker 1: Jeff Sports of my coast, and it took him two
• 29:37
  Speaker 1: years to tell me he bets Parlays by accident.
• 29:39
  Speaker 3: I hear him in the background saying, I said, well,
• 29:42
  Speaker 3: what would you just say, do one a week? He
• 29:44
  Speaker 3: never told me this. He's firing on the bank Parlays.
• 29:49
  Speaker 8: I take Mendeth for every week too, Okay, So to
• 29:51
  Speaker 8: be fair, you know, like tail each other. I like
• 29:54
  Speaker 8: to do one one college a week, maybe one NFL
• 29:57
  Speaker 8: a week.
• 29:58
  Speaker 5: That's it.
• 29:58
  Speaker 7: I'm not going to in your long fairness in his defense,
• 30:02
  Speaker 7: and it's a lot of we maybe find some people
• 30:05
  Speaker 7: that might not be the sharpest knives against.
• 30:08
  Speaker 3: Yes, yes, we found, we found. We don't worry. We
• 30:11
  Speaker 3: found some people to bet against.
• 30:12
  Speaker 2: Yeah.
• 30:13
  Speaker 7: Now if you tell me he's teasing college football though,
• 30:17
  Speaker 7: then we got a problem.
• 30:18
  Speaker 3: Okay, no college yeah, no season college football. I'm just
• 30:22
  Speaker 3: busting balls.
• 30:23
  Speaker 2: Listen.
• 30:23
  Speaker 3: I know everyone, but I said, listen, I have waived
• 30:26
  Speaker 3: a white towe.
• 30:26
  Speaker 1: Youbout one hundred dollars on straight bat, you get bet
• 30:28
  Speaker 1: five bucks in a parlor, you send him ten dollars
• 30:30
  Speaker 1: every week.
• 30:31
  Speaker 8: I'm just like what, I know you love this buddy.
• 30:33
  Speaker 8: But okay, So not to give any ward doing today.
• 30:36
  Speaker 8: But I like like NC State over this season.
• 30:39
  Speaker 2: C J.
• 30:39
  Speaker 8: Bailey's really good as a quarterback. All Dave dorm does
• 30:42
  Speaker 8: is win and the team is better this season. And
• 30:43
  Speaker 8: their schedule he se, no Miami, no SMU, no thumbs
• 30:46
  Speaker 8: in who we got home and they get the other
• 30:49
  Speaker 8: juke at home as well.
• 30:50
  Speaker 7: I like Michigan State under they're gonna just be bad.
• 30:53
  Speaker 8: I was at Big to Me to Day last week
• 30:55
  Speaker 8: talking to Pat Fitzgerald. He's a disadvantage. Wasn't to Northwestern.
• 30:58
  Speaker 8: Remember he was four and twentylast years in Northwestern. He
• 31:01
  Speaker 8: sat out a couple of years. He got this job
• 31:03
  Speaker 8: and when when could you get new jobs? They bring
• 31:05
  Speaker 8: their own players in, right, Like Matt Campbell went to
• 31:08
  Speaker 8: Penn State. He brought in twenty three Iowa State players.
• 31:10
  Speaker 8: Half a show brought in zero players. He doesn't have
• 31:12
  Speaker 8: a team to bring in with them, so he's starting
• 31:15
  Speaker 8: brand new.
• 31:15
  Speaker 5: Bob Chas, you see a license thing brand new.
• 31:17
  Speaker 8: So I think the play for them for Michigan's day.
• 31:20
  Speaker 5: I took Miami a Taxa Tech as well. It just
• 31:23
  Speaker 5: makes sense.
• 31:24
  Speaker 8: Like I tried to fade Texas Tuck the season, but
• 31:26
  Speaker 8: their schedule can't. You can't with their schedule like they're
• 31:28
  Speaker 8: just colle football. A lot of times comes down to
• 31:32
  Speaker 8: if you have more players than the team you're playing,
• 31:34
  Speaker 8: you have better players. We're seeing less upstts at the
• 31:37
  Speaker 8: top of college hoopball.
• 31:38
  Speaker 5: I think now.
• 31:38
  Speaker 8: Because of that, Texas Tech just has better players for
• 31:41
  Speaker 8: the rest of the Big Twelve, and they missed the
• 31:43
  Speaker 8: other teams that could possibly compete with them on a
• 31:46
  Speaker 8: Saturday basis.
• 31:47
  Speaker 2: So I think, know it's made a lot of sense.
• 31:48
  Speaker 1: I got Jeff goes to that, he talks to the coaches,
• 31:50
  Speaker 1: talks to the camp.
• 31:51
  Speaker 3: Yeah, oh, did you go to Carolina?
• 31:52
  Speaker 2: Did you go to the I went to Panthers.
• 31:54
  Speaker 3: Pantherste what do you got first? For the game?
• 31:56
  Speaker 2: They well, look, so they're playing.
• 31:58
  Speaker 8: They're not gonna play the starters obviously, and there's rumors
• 32:02
  Speaker 8: they're going to play Uh well Hayes King for a while.
• 32:04
  Speaker 2: Okay, I'm not sure King can.
• 32:06
  Speaker 5: Throw the ball yet. So I was gonna say, what
• 32:08
  Speaker 5: what is that?
• 32:09
  Speaker 7: That?
• 32:09
  Speaker 5: That's an under?
• 32:10
  Speaker 2: Probably playing right, you would.
• 32:11
  Speaker 3: Think thirty five and a half.
• 32:12
  Speaker 2: I think everyone taking under.
• 32:13
  Speaker 8: In the first in the first hall of Indian and
• 32:14
  Speaker 8: that's what everyone does, right, they just met the under.
• 32:16
  Speaker 1: But you think it would be adjusted then, and the
• 32:18
  Speaker 1: books know it too, having the guns right.
• 32:20
  Speaker 5: So you get a lot of coursing back for Arizona.
• 32:22
  Speaker 5: You'll get you.
• 32:23
  Speaker 3: I heard, I see. I heard that that's the reason
• 32:25
  Speaker 3: why the line moved back.
• 32:25
  Speaker 2: Yeah a little, so I saw.
• 32:27
  Speaker 4: I will not.
• 32:27
  Speaker 8: I don't know who had this this joke on Twitter,
• 32:29
  Speaker 8: but Carson Beck might throw the last pass in college
• 32:32
  Speaker 8: football in the first past the NFL Wow, which is
• 32:35
  Speaker 8: probably never been done before.
• 32:36
  Speaker 1: But listen, watch watch these guys. They got some good information.
• 32:39
  Speaker 1: Watch their shows too.
• 32:41
  Speaker 2: Uh.
• 32:41
  Speaker 1: We appreciate it, guys, appreciate having there's some picks there. Hey, guys,
• 32:44
  Speaker 1: welcome back to Wise Cracks. Real excited over here at
• 32:47
  Speaker 1: the circa betfash in town.
• 32:49
  Speaker 3: Lots of people.
• 32:50
  Speaker 1: Coming by that the sanitizer out.
• 32:54
  Speaker 3: John's a jerremphobe. I'm trying to people are coming up
• 32:57
  Speaker 3: to him like crazy.
• 32:58
  Speaker 1: And our h one of our producers, our regular producers
• 33:02
  Speaker 1: not here today. We have Tom today and uh, Tom
• 33:06
  Speaker 1: and Gil Alexander both look like they're right out of
• 33:08
  Speaker 1: the seventies porn like all right with that the hand
• 33:11
  Speaker 1: hand and Gil has the porn glasses.
• 33:13
  Speaker 3: I mean they would.
• 33:15
  Speaker 2: Yeah quality, yeah, all right.
• 33:17
  Speaker 1: So we have of course John Orlando Travis Geiger here today,
• 33:22
  Speaker 1: one of the Wager Wire founders, one of them, right,
• 33:25
  Speaker 1: this couple of guys, are you the.
• 33:26
  Speaker 6: Guy me and my two best friends from u c
• 33:29
  Speaker 6: l A wow.
• 33:30
  Speaker 4: When he's like the leader, you know, you're just you're
• 33:32
  Speaker 4: putting him on the spot.
• 33:33
  Speaker 1: I don't want to say not, you're going to watch
• 33:36
  Speaker 1: this He's yeah, no, well he's got family money.
• 33:40
  Speaker 3: Oh, big, big money.
• 33:42
  Speaker 9: Harder, and everything's harder, you know, Like that's why I
• 33:47
  Speaker 9: love it.
• 33:48
  Speaker 6: That's why I love this show.
• 33:49
  Speaker 2: That's why we're here.
• 33:49
  Speaker 3: So I'll tell you why.
• 33:50
  Speaker 1: Like we were saying, you know, should I get some questions, No,
• 33:53
  Speaker 1: we do think spontaneously here at Travis.
• 33:55
  Speaker 3: So I want.
• 33:56
  Speaker 1: People to know a little bit because I am obviously
• 34:02
  Speaker 1: you guys know, everyone knows I'm against parlays. If people
• 34:05
  Speaker 1: are parlays, they make up sixty to seventy percent of
• 34:08
  Speaker 1: the sports books profit. So of course I'm looking to
• 34:11
  Speaker 1: help the public don't bet parlays. But it doesn't matter
• 34:14
  Speaker 1: whatever I say, it's still gonna bet parlays. And I
• 34:19
  Speaker 1: am really literally have waved a white towel, white handkerchief
• 34:23
  Speaker 1: because I say, listen, all right, you're gonna bet him anyway.
• 34:26
  Speaker 3: I have.
• 34:26
  Speaker 1: Like my co host on Fox, Jeff Schwartz, NFL player,
• 34:31
  Speaker 1: it took him like years to admit that he bets
• 34:34
  Speaker 1: parlays because he knows I'm against him. And I said,
• 34:36
  Speaker 1: all right, Jeff, you could bet them, go ahead, you
• 34:39
  Speaker 1: want to. I'm gonna give you some good plays a
• 34:41
  Speaker 1: preseason football, great moves, but yet you still want to
• 34:44
  Speaker 1: bet parlays with this stuff.
• 34:46
  Speaker 3: Bet ten percent of what you bet on a bets.
• 34:48
  Speaker 1: Have you bet one hundred dollars on a straight bet
• 34:50
  Speaker 1: goad you want to get five or ten dollars on
• 34:52
  Speaker 1: a five teamer.
• 34:53
  Speaker 3: I'm not doing it, but if you're gonna do it anyway.
• 34:55
  Speaker 1: So your company's based on parlay betters coming to you
• 35:01
  Speaker 1: trying to maybe hedge after they win a leg or two.
• 35:05
  Speaker 2: Am I correct?
• 35:06
  Speaker 9: So actually, what our company is based on is letting
• 35:09
  Speaker 9: people get in and out of their positions. So oftentimes
• 35:12
  Speaker 9: the most lucrative is when you're a couple eggs.
• 35:14
  Speaker 6: In, but it can be futures, it can even be
• 35:15
  Speaker 6: same game.
• 35:16
  Speaker 9: And that's why five years ago when we started a
• 35:18
  Speaker 9: wage to wire before prediction markets, what we were doing
• 35:21
  Speaker 9: was we were addressing I think the problems that you
• 35:23
  Speaker 9: have with parlayers, which is that the house is taking
• 35:26
  Speaker 9: an incredibly big cut that actually it's a losing proposition
• 35:31
  Speaker 9: that you're probably going to get three out of the
• 35:32
  Speaker 9: four every single time.
• 35:33
  Speaker 6: So what we wanted to do is give people an out.
• 35:35
  Speaker 9: And then what prediction markets do, which we can get into,
• 35:38
  Speaker 9: is it really takes away that that house cut as much.
• 35:41
  Speaker 6: Now there still is a house.
• 35:42
  Speaker 9: It's people on the other side, sometimes institutions, but we're
• 35:45
  Speaker 9: not dealing with a guaranteed sixty percent haircut on the
• 35:49
  Speaker 9: value of the thing. So to your point, what we
• 35:52
  Speaker 9: really wanted to do was create a stub hub or
• 35:54
  Speaker 9: an eBay for sports bets where you could sell your
• 35:56
  Speaker 9: position after you place it at the window. And the
• 36:00
  Speaker 9: most lucrative bets for people were parlays in progress. The
• 36:04
  Speaker 9: way that we got into prediction markets, which we can
• 36:06
  Speaker 9: talk about, Uh, you know, if you guys want to,
• 36:09
  Speaker 9: is that are our savviest market makers call it. We're
• 36:13
  Speaker 9: taking Dodgers last leg yes on a vet, let's call
• 36:17
  Speaker 9: it at CIRCA and then taking Dodgers no on Calshi
• 36:21
  Speaker 9: and locking in that ev And so what we wanted
• 36:23
  Speaker 9: to do was just give the power back to the betters.
• 36:26
  Speaker 6: We don't want to be part of this toxic cycle
• 36:27
  Speaker 6: of parlays. We just want to be positional.
• 36:29
  Speaker 3: Wunny you say that.
• 36:30
  Speaker 1: So yesterday someone texts me from Calshe I don't know,
• 36:34
  Speaker 1: but yeah, he said, I managed trade relationships at Calshie.
• 36:39
  Speaker 1: I would imagine there are ways we can benefit one
• 36:41
  Speaker 1: of another. For a phone call today, I didn't call
• 36:43
  Speaker 1: them Stu, all right, see your name's Stu. I live
• 36:48
  Speaker 1: in Nevada. Calchie is illegal here.
• 36:51
  Speaker 3: We can't. We can't use.
• 36:52
  Speaker 6: Calcie unless you're filming a Netflix doc.
• 36:54
  Speaker 3: Yeah, no, we can't.
• 36:56
  Speaker 1: So, yeah, it would be a market maker. Would would
• 37:01
  Speaker 1: not be applicable here in Nevada. We don't have those.
• 37:04
  Speaker 1: But we don't have them here. We have a real
• 37:06
  Speaker 1: strong gaming commission. They're keeping everyone out.
• 37:10
  Speaker 6: They can shout out Becky Harris.
• 37:12
  Speaker 3: Oh really, she's a friend.
• 37:14
  Speaker 6: Okay, but I know Nevada, so I'm actually interested in this.
• 37:16
  Speaker 9: So there was a lot of drama with Calshi and
• 37:20
  Speaker 9: the Netflix documentary because you cannot play Calhie in Nevada.
• 37:24
  Speaker 9: One of the things that they did, even when digital
• 37:26
  Speaker 9: sports Benning came around, you had to deposit into your
• 37:29
  Speaker 9: app at the window. So as Nevada guys, how do
• 37:33
  Speaker 9: you feel about Nevada's I don't know if we want
• 37:37
  Speaker 9: to talk out a turner if that's a crazy.
• 37:39
  Speaker 3: Question, No, this is crazy.
• 37:41
  Speaker 1: But this is still like in the movie Casino when
• 37:44
  Speaker 1: you see the County Commissioner coming and mister Rothstein talking
• 37:47
  Speaker 1: with him, and he said, mister Rothstein, you'll never know
• 37:50
  Speaker 1: how it works.
• 37:51
  Speaker 3: You're all just our guest. And it's still that way here.
• 37:54
  Speaker 1: They don't want another Cancer Gaming coming in townfing things up.
• 37:59
  Speaker 3: Can came in.
• 38:00
  Speaker 1: Here, but they were Levy the biggest fine I think
• 38:03
  Speaker 1: it was twenty seven and another five thirty two million
• 38:06
  Speaker 1: in fines against them for a lot of the things
• 38:08
  Speaker 1: they did wrong. Canter Gaming a spin off of a
• 38:11
  Speaker 1: division of Canter Fitzgerald. And they just don't want anything
• 38:16
  Speaker 1: happening here. And let's be blunts. I have Derek Stevens
• 38:20
  Speaker 1: coming on. We have some very strong individual owners here
• 38:23
  Speaker 1: in town. Michael Gaughan, Derek Stevens.
• 38:26
  Speaker 4: Uh.
• 38:26
  Speaker 1: You know the guy that owns Treasure Island. It's his name,
• 38:29
  Speaker 1: Treasure Island guy, Jack spar Phil Ruffin, Did you say
• 38:33
  Speaker 1: Jack Sparrow.
• 38:34
  Speaker 6: I'm sorry, it's a joke.
• 38:35
  Speaker 3: Oh oh okay, yeah, I told you said Jack Sparrow.
• 38:37
  Speaker 3: Say that's not really good.
• 38:39
  Speaker 2: I do to jokes tot, you know.
• 38:41
  Speaker 3: Actually I'm proud of the.
• 38:44
  Speaker 6: Rest of the jokes. Are all cracks die overstep, But we.
• 38:46
  Speaker 1: And we have very strong gaming companies here also, so
• 38:50
  Speaker 1: they are they are cracking down on people or new
• 38:54
  Speaker 1: new new things trying to come in. So tell us
• 38:57
  Speaker 1: before we get off here, what exactly you offer?
• 39:00
  Speaker 3: Is it? What's waderwire dot com and the wager wire app? Correct?
• 39:04
  Speaker 1: Yeah, and you can go on there and you could
• 39:06
  Speaker 1: see the marketplace.
• 39:07
  Speaker 3: Am I saying the right word? Yeah?
• 39:09
  Speaker 9: You know, and for the people that watch your show,
• 39:10
  Speaker 9: they're probably very familiar, right. And so if you have
• 39:13
  Speaker 9: a parlay, basically we can help you be cash out right,
• 39:15
  Speaker 9: because what we are is a peer to peer cash out.
• 39:17
  Speaker 9: So rather than just take what the book is offering you,
• 39:20
  Speaker 9: you could name your price what you think is fair
• 39:21
  Speaker 9: and that's what our calculator does. It helps you find
• 39:23
  Speaker 9: out what fair value is. We can actually determine the
• 39:26
  Speaker 9: rip off rate we call it of what the the
• 39:29
  Speaker 9: additional vig right, and with same game parlay as it's crazy,
• 39:33
  Speaker 9: it's actually a black pot, we call it. There's a
• 39:34
  Speaker 9: correlation tax. There's all these correlation taxes. Additional viigs will
• 39:38
  Speaker 9: help you calculate that. We'll let you know what the
• 39:39
  Speaker 9: fair value is and then you can post it for sale.
• 39:42
  Speaker 9: We'll let you know what we think we'll move. We'll
• 39:43
  Speaker 9: say it's a A B or C, just like a stub hub.
• 39:46
  Speaker 9: And that's how it started. We wanted to, you know,
• 39:48
  Speaker 9: bring that what eventually became prediction markets to online sports betting.
• 39:53
  Speaker 9: Now with predictions, which we're doing not here in the
• 39:56
  Speaker 9: US but abroad. What we're gonna I can actually announce
• 39:59
  Speaker 9: it here for the first what we're gonna launch soon
• 40:01
  Speaker 9: is well, if you submit your screenshot of your VET,
• 40:05
  Speaker 9: we'll give you a price that we think we can
• 40:07
  Speaker 9: sell it for and it'll always beat cash out. And
• 40:09
  Speaker 9: the way that we're gonna do that is our market
• 40:10
  Speaker 9: makers are going to hedge it on a prediction market.
• 40:13
  Speaker 3: Oh, I didn't even know what was happening that that asked.
• 40:17
  Speaker 6: You guys essentially just become the buyers. So we're the
• 40:19
  Speaker 6: best cash out in town. Don't do it with the.
• 40:21
  Speaker 3: Book, right, Yeah, we know. Like when then when you
• 40:23
  Speaker 3: get offered a cash out.
• 40:26
  Speaker 6: It's obscene.
• 40:27
  Speaker 3: Some of them are just it's exceeded.
• 40:29
  Speaker 6: And it's the reason that prediction markets came into power.
• 40:32
  Speaker 9: I think it is because the books pigs get fat,
• 40:36
  Speaker 9: hogs get slaughtered.
• 40:37
  Speaker 6: They weren't willing to just give up that margin.
• 40:40
  Speaker 9: They had to keep that fat margin, and everyone was
• 40:43
  Speaker 9: locked into their positions and they had they couldn't even
• 40:46
  Speaker 9: put up the hedge equity they needed to guarantee their spot.
• 40:49
  Speaker 6: And these guys were just getting drilled drill, drill, drill, drilled.
• 40:51
  Speaker 6: Now a couple of guys.
• 40:52
  Speaker 9: From MIT come in with economics degrees and they say,
• 40:54
  Speaker 9: forget all that, and that's why the whole industry is
• 40:57
  Speaker 9: in trouble.
• 40:58
  Speaker 4: Do you think we'll ever see the day where Calci
• 41:00
  Speaker 4: or Draft Kings you can make that.
• 41:02
  Speaker 3: No, maybe not DraftKings. I think Calci has.
• 41:05
  Speaker 1: Has a little more, has a little more grounds of
• 41:08
  Speaker 1: step on there. So Draft Kings their offices right here
• 41:11
  Speaker 1: in town there, they're you know, approving bets right here
• 41:14
  Speaker 1: in town in Nevada. But yet we don't have a
• 41:16
  Speaker 1: place to bet them in here.
• 41:18
  Speaker 3: And as far.
• 41:19
  Speaker 1: As the DraftKings and these other sites are, they're getting
• 41:22
  Speaker 1: into the prediction market area.
• 41:24
  Speaker 9: Now, so they have to they have to because to
• 41:26
  Speaker 9: protect their No one wants to cash out with them anymore,
• 41:29
  Speaker 9: right right, And it's like they were I feel like
• 41:32
  Speaker 9: squeezing the consumer for so long because they were the
• 41:35
  Speaker 9: only game in town. And I feel like it's the
• 41:36
  Speaker 9: same toxic attitude.
• 41:37
  Speaker 2: That got Nevada in trouble.
• 41:38
  Speaker 9: It's like, we're the only game in town, right, and
• 41:41
  Speaker 9: so we can do whatever we want. But in the
• 41:43
  Speaker 9: capitalist society, the customer is always going to be right
• 41:46
  Speaker 9: on a long enough timeline.
• 41:48
  Speaker 3: Cool, cool, Well listen, thanks for coming on.
• 41:50
  Speaker 2: Well, people know a little more else want to questions?
• 41:53
  Speaker 5: Go ahead?
• 41:53
  Speaker 6: What do you think about prediction markets? And have you
• 41:56
  Speaker 6: used one?
• 41:56
  Speaker 1: No, I haven't lived here, but I'm going to be
• 41:59
  Speaker 1: travel a little bit more. And no, how can you
• 42:02
  Speaker 1: bet baseball in when they have twenty cent baseball lines?
• 42:07
  Speaker 3: Nevada has like fifteen cent lines. Twenty cent lines.
• 42:11
  Speaker 1: You're laying a dollar fifty, you're coming back a dollar fifteen.
• 42:14
  Speaker 1: I seen dollar fifteen. I'm used to coming back a
• 42:16
  Speaker 1: dollar forty. Prediction Marcus, the fair and market value a
• 42:21
  Speaker 1: dollar forty five on both sides. So literally that's the
• 42:25
  Speaker 1: fair number minus one forty five, the ask and the
• 42:28
  Speaker 1: bid one forty four.
• 42:29
  Speaker 3: Whatever it may be. You have it. And then there's
• 42:31
  Speaker 3: a you.
• 42:31
  Speaker 1: Know, of course there's a little bit of a they
• 42:33
  Speaker 1: have to make money, so let's call it a two
• 42:34
  Speaker 1: cent line.
• 42:36
  Speaker 3: He really, it's hard to bet sports.
• 42:40
  Speaker 1: It was gonna be one of my subjects for today.
• 42:42
  Speaker 1: It's actually hard to bet sports in Nevada. Imagine me
• 42:46
  Speaker 1: saying that sports betting capital of the world. It's hard
• 42:49
  Speaker 1: for me now with super Book closed. I have here Circa,
• 42:54
  Speaker 1: I have South Point. I have to go in person
• 42:56
  Speaker 1: at the counter. The app doesn't take as much. I
• 42:59
  Speaker 1: have the win on the I can't name anywhere else
• 43:02
  Speaker 1: that I really have that I do have.
• 43:04
  Speaker 3: Bet MGM.
• 43:05
  Speaker 1: They're pretty good to me BETMGM because they are a
• 43:07
  Speaker 1: sponsored one of my shows. I can't bet at Caesar's.
• 43:11
  Speaker 1: I can't bet you know the boy. The stations that
• 43:14
  Speaker 1: can go on and on, and places are closing and
• 43:17
  Speaker 1: closing more and more. There was twenty three places for
• 43:21
  Speaker 1: me to bet twenty three years ago when I came to town.
• 43:24
  Speaker 3: Now I have less than five. So I will be
• 43:28
  Speaker 3: doing some traveling.
• 43:29
  Speaker 1: Though, just to see how it works during football season,
• 43:32
  Speaker 1: to see how some of the other I was in
• 43:34
  Speaker 1: New Jersey, right, I was in New Jersey a lot
• 43:37
  Speaker 1: until they stopped retail. I FanDuel pulled up retail, and
• 43:40
  Speaker 1: Atlantic City A lot of the Atlantic City books scared
• 43:44
  Speaker 1: to death in New Jersey books. So it is cat
• 43:48
  Speaker 1: and mouse, but I'm hearing there's more things to do,
• 43:52
  Speaker 1: more places, so we'll see what it's like. And yeah,
• 43:55
  Speaker 1: wager Wire great, great place to option here to buy
• 43:59
  Speaker 1: out and get some make some money, guys, so make
• 44:02
  Speaker 1: sure you check them out.
• 44:04
  Speaker 9: I would say it's one of the great honors and
• 44:05
  Speaker 9: privileges of my life.
• 44:06
  Speaker 6: Dude, be here knowing these guys. We don't know anything.
• 44:09
  Speaker 9: We're here to learn, but I think we're on the
• 44:11
  Speaker 9: side of the better, just like you guys.
• 44:12
  Speaker 6: Yeah, can I ask you guys a question?
• 44:14
  Speaker 3: Yeah?
• 44:14
  Speaker 6: Question?
• 44:15
  Speaker 3: Okay, So sure, got as much time as you want here.
• 44:17
  Speaker 2: I don't blame you. It is what it is.
• 44:21
  Speaker 3: Count can't help calm ghead.
• 44:25
  Speaker 9: Okay, So you were at Superbook for a really long time, right,
• 44:28
  Speaker 9: and Westgate was like as luck to there, right, and
• 44:31
  Speaker 9: there's very few originators. Right of lines, we're at another one.
• 44:35
  Speaker 9: So Caesar's takes over Westgate. How does that change super Book?
• 44:40
  Speaker 9: And how does that and how did you end up here?
• 44:43
  Speaker 2: Now?
• 44:43
  Speaker 1: Well you have to ask them. I don't know how
• 44:45
  Speaker 1: it changes super Book. They have Kiosk there. I'm told
• 44:48
  Speaker 1: Caesar's just taking over the sports betting there.
• 44:50
  Speaker 6: So they just won't let you bet well, Caesars.
• 44:53
  Speaker 3: I'm not the bet sea.
• 44:53
  Speaker 1: You know, I can bet at the counter, I just
• 44:55
  Speaker 1: can't bet on the app. So I come, sure, I
• 44:57
  Speaker 1: can go in there and bet, but I just can't
• 44:58
  Speaker 1: bet on the app, which is more easy for me.
• 45:01
  Speaker 1: But I think the Super Contest is still a big
• 45:03
  Speaker 1: part of that, and they're but you know, they'll never
• 45:07
  Speaker 1: be as big as Circle with no Rake and you know,
• 45:09
  Speaker 1: the giant.
• 45:11
  Speaker 3: You know they have a survivor here.
• 45:12
  Speaker 1: It's like the biggest thing that shows on it is
• 45:15
  Speaker 1: media coverage. But I think that's why Caesar's bought super
• 45:19
  Speaker 1: Book for that super Contest, in my opinion, and eventually
• 45:22
  Speaker 1: probably wanted to go nationwide, just like Circle will have
• 45:25
  Speaker 1: to go. I have a question for Derek today about
• 45:27
  Speaker 1: maybe getting more of a broad Well, I shouldn't say
• 45:32
  Speaker 1: that it would have to be with all that sports
• 45:35
  Speaker 1: Book is though. I think Circus in a few different states,
• 45:38
  Speaker 1: so Caesar's it seems like they're everywhere. They didn't care
• 45:41
  Speaker 1: about losing money, they cared about branding, so they're everywhere.
• 45:44
  Speaker 2: Circus in three or four states.
• 45:46
  Speaker 1: And eventually I think they'll have a crossover of their
• 45:50
  Speaker 1: traffic to get into these contests may get giant, so
• 45:54
  Speaker 1: we'll see what we'll see what's gonna happen.
• 45:56
  Speaker 9: And no matter what state you're in, whether it's super
• 45:58
  Speaker 9: book or circa, and you have a vibor entry, you
• 46:00
  Speaker 9: can sell it on wager Wire will help you price sat.
• 46:02
  Speaker 3: There you go. You guys have legal one every state. Yeah, yeah, okay, good,
• 46:05
  Speaker 3: there you go. You learn something new every day. All right,
• 46:07
  Speaker 3: now you get done.
• 46:11
  Speaker 9: Whoa, whoa, Hey, we're going to lunch lady though, right,
• 46:14
  Speaker 9: all right, all right, a good deal