I've watched a talk given by a fanatics executive who sort of says this explicitly at a Sloan conference a few years ago, where she says, we have all this data. We know if you're depositing more money more quickly than you're used to, if you're placing more bets during it on a weeknight, if you're getting a bunch of credit card deposits that are declined, we can tell if you are running into trouble, if you are getting more than you should, if your sort of risk factories going up per se. So the question is, okay, it's amazing that

Fanatics has that data. But who at Fanatics has that data and what is it being used for?

I'm Bethany McLean. Did you ever have a moment of doubt about capitalism and whether

greed's a good idea.

And I'm Luigi Zengalis.

We have socialism for the very rich, rugged individualism for the poor.

And this is Capital Isn't, a podcast about what is working in capitalism.

First of all, tell me, is there some society you know that doesn't run on greed?

And most importantly, what isn't?

We ought to do better by the people that get left behind.

I don't think we shouldn't kill the capital system in the process.

Luigi, quick question before we start.

Do you want to make a bet?

You really regret this.

On what?

And whether you're going to say the phrase, this is a perverse incentive in the next five minutes. That's not a fair bet. That's inside information. Okay, fine. I'll give you even odds. Even odds of something that is almost certain to happen? This is already sounds like modern gambling. See, you're already playing. What's the stake? If you say it, you owe me coffee. If you don't, I owe you a coffee.

Actually, scratch that. Let's make it wine.

So either way, someone is extracting value.

And neither of us is producing anything.

Congratulations.

You have just described the second fastest growing sector in the U.S. economies in the last few years.

Platform like Calci and Polly Market

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