How Sports Sharps Are Using Prediction Markets Right Now (Episode 982 with Adam Levitan, Nigel Eccles, Henry Kerins, Sports_Projections)
Establish The Run Fantasy Football
Fantasy Football
4.7 • 1.5K Ratings
🗓️ 21 May 2026
⏱️ 74 minutes
🧾️ Download transcript
Summary
Adam Levitan takes a deep dive into the expanding world of projection markets, gaining insight from those spearheading the market from guests Nigel Eccles, former FanDuel founder and founder of BetDEX and BetHog, Henry Kerins, who serves as the VP of Trading at Novig, and @Sports__Proj, a former DFS Shark turned anonymous Prediction Market While from The Risk Takers Podcast.
Timestamps:
0:00 - Introduction
2:05 - How Prediction Markets Work Compared To Sportsbooks
6:32 - Are Prediction Markets Better For Consumers?
11:00 - Benefits Beyond The Lack of Limiting
17:17 - PMs And States Without Legalized Gambling
21:20 - Does Opposing Side Matter In Market Making?
25:15 - Marketing For Prediction Markets
28:54 - Advice On Market Making For Non-Professionals
39:29 - Experts On The Merits Of Taking
43:44 - How Retail/Casual Traders Can Gain An Advantage
46:32 - The Regulatory Outlook on PMs
49:59 - Listener Questions
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Transcript
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| 0:00.0 | Hello and welcome to episode 982 of the official Establish the Run.com podcast. |
| 0:21.2 | My name is Adam Levittan. |
| 0:22.3 | I am one of the co-founders here at ETR. |
| 0:24.6 | And prediction markets have officially taken over the sports gambling world. |
| 0:29.8 | So we thought it was time. |
| 0:31.2 | Frankly, past time to learn as much as we can about prediction markets. |
| 0:36.4 | To do this, I am joined by three distinguished guests. |
| 0:41.1 | First up, Nigel Echols founded Fandul in 2009. Changed my life in the process personally. |
| 0:47.2 | But anyways, Nigel left FD in 2017, has since founded Bet Decks and Bethog. Appreciate you being here today nigel how's going that's |
| 0:56.1 | great thank you thanks how on the show also here henry karen's VP of trading at novig which just |
| 1:02.9 | raised 75 million dollars hashtag how rich could tell very quickly henry one of the sharpest |
| 1:08.0 | people in the space hen Henry has gone today. |
| 1:14.8 | Super excited to be here. Longtime listener, first time caller. |
| 1:21.8 | And I also wanted to have hashtag one of us on here. He goes by sports underscore predictions. |
| 1:28.7 | Sports underscore projections, we'll call him SP. He needs to remain anonymous because he has a real-life job. |
| 1:35.0 | But I, you know, when I say one of us, because SP was a DFS player, listen to the DFS edge, has shifted his attention to prediction markets. And from what I can tell is one of the biggest |
| 1:39.2 | winners amongst individuals on prediction markets out there. SP, how's it going today? |
| 1:46.3 | It's good. I'm glad to be on. |
| 1:48.0 | I am honored that I can represent the common man today on this show. |
| 1:53.1 | Perfect. All right. |
| 1:54.5 | Common man is winning a lot of money according to the marketing. |
| 1:57.7 | I just, you know, so it's good to be a common man. |
... |
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