The Favorites - The Future of Sports Betting
The Herd with Colin Cowherd
iHeartPodcasts and The Volume
4.3 • 10K Ratings
🗓️ 11 July 2025
⏱️ 40 minutes
🧾️ Download transcript
Summary
On today’s show Action Network hosts Chad Millman and Simon Hunter are joined by Chris Gerlacher, a reporter with Prediction News who's covered the rise and regulation of prediction markets worldwide for several years.
The influence of these prediction markets as businesses has become an increasingly important narrative in the sports betting space overall. Now legal in all 50 states, Kalshi just raised $185M and is valued at $2 billion. Internationally-focused Polymarket announced a raise the same week to hit unicorn status of $1 billion. Meanwhile, prediction markets stand to benefit the most from the continued legislation which impacts professional bettors, as well as continued bans from operators who don’t want their business. #Volume
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:04.8 | Check out Behind the Flow, a podcast documentary series following the launch of San Diego Football Club. |
| 0:13.2 | San Diego coming to MLS is going to be a game changer because this region has been hungry for a men's professional soccer team. |
| 0:20.3 | We need to embrace this community. |
| 0:23.8 | Listen to San Diego FC, behind the flow. |
| 0:27.5 | On the iHeart radio app, Apple Podcasts, or wherever you get your podcast. |
| 0:34.2 | Who are the 25 greatest football players to grace the gridiron since the year 2000, |
| 0:40.4 | introducing NFL Daily's top 25 players of the last 25 years? |
| 0:45.9 | Join me, Greg Rosenthal, and an all-star cast of media personalities, |
| 0:50.7 | including Mina Kime, Steve Weish, Kevin Harlan, and more for a look at football's best since the turn of the century. |
| 0:58.5 | Listen to NFL Daily's top 25 players of the last 25 years starting on June 30th on the IHeart radio app, Apple Podcasts, or wherever you get your podcast. |
| 1:18.1 | Thank you. or wherever you get your podcast. Welcome to the favorites of the podcast, part of the volume podcast network. |
| 1:21.9 | I am Chad Milman of the Action Network. |
| 1:25.4 | We are doing part two of the show that we started on Tuesday. |
| 1:29.3 | Let's welcome in my co-host, my companion, my compadre, my BFF professional |
| 1:33.4 | better Simon, hello, Simon. |
| 1:36.6 | Chad, I heard the dumbest dad joke when I was in England. |
| 1:39.8 | I forgot to tell you about it on the last show. |
| 1:41.4 | As soon as I heard, I go, Chad would love this dad joke. |
| 1:45.2 | So my younger cousin there, young lad, just had his birthday. And my uncle goes up to and he goes, |
| 1:52.1 | Charlie, how old are you now? And he goes, nine. He goes, oh, I didn't know you spoke German. |
| 1:58.0 | I was like, damn, Chad's going to love that. |
... |
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