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Bet The Process

Offseason Ending Edition

Bet The Process

Bet The Process

Sports

4626 Ratings

🗓️ 7 August 2018

⏱️ 52 minutes

🧾️ Download transcript

Summary

In this week's edition, the guys discuss a conference they attended, what is a professional sports bettor in their opinion and look ahead to the PGA Championship.

Transcript

Click on a timestamp to play from that location

0:00.0

On the last off-season episode of the Bet the Process podcast, Rufus and I are going to touch on a variety of subjects, including a conference we went to in Vancouver, the impact of legalization on the U.S. so far.

0:15.5

And we're going to critique a video that was done, which talks about what professional betters do.

0:40.3

We're even going to talk a little bit about what the hell a professional better really is, what our definition is. As always, the Bet the Process Podcast is brought to you by the sports action app. It's the top app for sports betters to get great information about betting and lines and follow all the scores, etc. And it's available for free on the App Store and the Google Play Store. So go download

0:45.3

it. And with that, let's start the process. Welcome to the last off-season podcast of the Bet the Process podcast.

1:13.6

I think next podcast, which will probably be in a couple of weeks, we're actually going to be able to start diving into some real football, which will be fun and amazing.

1:22.6

And we'll actually be able to talk about betting specifically, and we can give you picks because everyone wants picks.

1:29.4

Maybe next week we can talk about futures.

1:31.6

Do you think you'll have futures or in a couple weeks, you'll have futures?

1:35.1

I mean, I've already gotten down a lot on futures, but I'm still still working.

1:38.8

You know, it's kind of scary that football season's so close.

1:41.2

It feels like every year I start preparing pretty early,

1:44.4

but there's still sort of a last-minute scramble to get everything done.

1:48.6

It was interesting that you're already down on futures.

1:51.1

I don't know.

1:51.6

You've told me to start following this spanky dude on Twitter,

1:55.6

and he was talking about how, like,

1:57.7

he doesn't think real professional gamblers tie up their money for eight months

2:01.5

or something like that because they can turn it over so many times in that time frame he did i think

2:06.1

he also mentioned credit though i think that's the bigger issue i think he was talking about like

2:10.0

if you have a certain amount of credit at one of these offshore sports books then um you know you're

2:15.2

tying up a lot of it because with with futures bets that are not going to be graded for months and months and months.

2:20.3

Whereas if you just plop down some cash in a Vegas sports book, you know, you lock up those tickets for six months and you come back and you know, if you can expect to get like a 10% return on those, I mean, I'll gladly take a 10% return in six months. And especially that money

...

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