Alex Kane of Sport Trade

Our guest this week is Alex Kane of Sport Trade. Sport Trade is a betting exchange run very much like a financial market. rather than betting with a bookmaker, players bet against each other. Currently they are only available in New Jersey.We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.Show Notes[00:00] Introduction of Alex Kane of Sporttrade[00:44] Alex's educational and sports betting background[03:12] Betting exchanges versus bookmaker models[06:47] Sporttrade commissions, Betfair's commission policy[09:10] Algorithmic betting[10:42] Can participants create their own market on Sporttrade?[15:51] What is the average hold on a recreational bettor on Sporttrade?[17:18] Prop bets[19:39] Liquidity providers[23:10] In-game odds, DeckPrism Sports[26:41] How are liquidity providers getting their data?[29:22] Commercials[32:01] What sports are covered? What sports might be covered soon?[34:21] Entertainment and political event markets[36:07] Court-siding[42:18] Sport trade user base and growth[46:33] Technology, delays, connectivity[50:27] Price discovery[52:58] Contacting Alex at Twitter.com/A_Kane47[53:30] Recommended: George and Tammy on Showtime, wearing headphones while playing, Blink of an EyeSponsored Links:http://SouthPointCasino.comhttp://BlackjackApprenticeship.comhttp://VideoPoker.com/gwaehttp://Unabated.comRecommended:http://Sho.com/george-and-tammyhttp://Youtu.be/i0gTo-qpxSI