#47: There‘s So Much Dumb Money

Jordan Cooper welcomes on Ed Miller to discuss his new book, why sports betting is a game of information asymmetry & adverse selection, how the ecosystem is held together by duct tape, the difference between markets & models, why online sports betting is still a "people business", and how one can potentially take advantage of the huge menus offered at modern sports books. Interception: The Secrets of Modern Sports Betting: https://www.amazon.com/Interception-Secrets-Modern-Sports-Betting-ebook/dp/B0CKS8GGX4 Ed Miller on Twitter: https://twitter.com/EdMillerPoker ➔ Theory of DFS For Advanced Players: https://www.theoryofdfs.com/advanced ➔ Questions or feedback, e-mail [email protected]

Jordan Cooper welcomes on Daniel Hutchings (nerdytenor) to discuss the effect of contest simulations on the DFS ecosystem, who they could benefit most, their usefulness in large-field GPPs versus small-field ones, backtesting lineups post-lock, duplication concerns, and the race to equilibrium. Daniel Hutchings on Twitter: https://twitter.com/nerdytenor ➔ Theory of DFS For Advanced Players: https://www.theoryofdfs.com/advanced ➔ Questions or feedback, e-mail [email protected]

Jordan Cooper welcomes on Peter Jennings (CSURAM88) to discuss how profitable DFS players can translate their skills to sports betting including utilizing fantasy-based player projections appropriately, understanding the dynamics of inefficient prop markets, and the pitfalls & perils of scaling your volume. Peter Jennings on Twitter: https://twitter.com/CSURAM88 Unabated: https://unabated.com ➔ Theory of DFS For Advanced Players: https://www.theoryofdfs.com/advanced ➔ Questions or feedback, e-mail [email protected]

Jordan Cooper welcomes on Brian Hooper (bric75) to debate the merits of fandom, the shifting bankroll mix between DFS and sports betting, portfolio theory in GPP play, duplication prediction, political election betting markets, and more. Brian Hooper on Twitter: https://twitter.com/BrianHooper__ LOLz Podcast: https://podcasts.apple.com/us/podcast/lolz-a-dfs-show/id1506858064 Sportsbook HUD: http://bric75.com/SportbookHUD ➔ Theory of DFS For Advanced Players: https://www.theoryofdfs.com/advanced ➔ Questions or feedback, e-mail [email protected]

Jordan Cooper welcomes on Steve Buzzard (dacoltz) to discuss Stokastic's new sims tool, how it can be useful for both beginner & advanced DFS players, the difference in mindset when creating contest field lineups rather than your own, and if we are in the "end stage" of DFS. Steve Buzzard on Twitter: https://twitter.com/stevebuzzard Stokastic MLB Sims: https://www.stokastic.com/mlb-stokastic-sims ➔ Theory of DFS For Advanced Players: https://www.theoryofdfs.com/advanced ➔ Questions or feedback, e-mail [email protected]

Jordan Cooper & Neil Orfield discuss how sportsbooks prioritize liquidity, and the effect of publicly available contest-level simulations on the DFS ecosystem. ➔ Theory of DFS For Advanced Players: https://www.theoryofdfs.com/advanced ➔ Questions or feedback, e-mail [email protected]

Jordan Cooper welcomes on Matt Buchalter (PlusEVAnalytics) to discuss the overlap of skills needed to win at DFS and sports betting, cognitive biases, adverse selection issues, the potential of parimutuel markets, and his lawsuit against Caesars.  Matt Buchalter on Twitter: https://twitter.com/PLUSevanalytics Plus EV Analytics: https://plusevanalytics.wordpress.com Art of Sports Betting Analytics: https://analytics.bet/art ➔ Theory of DFS For Advanced Players: https://www.theoryofdfs.com/advanced ➔ Questions or feedback, e-mail [email protected]

Jordan Cooper & Neil Orfield discuss prop tools, managing sports book bonuses and limits as a sharp, and dividing your time & bankroll between DFS play and sports betting. ➔ Theory of DFS For Advanced Players: https://www.theoryofdfs.com/advanced ➔ Questions or feedback, e-mail [email protected]

Jordan Cooper & Neil Orfield discuss their contest selection and bankroll allocation plans for MLB DFS this coming season, as well as who they'd put on the Mount Rushmore of DFS players. ➔ Theory of DFS For Advanced Players: https://www.theoryofdfs.com/advanced ➔ Questions or feedback, e-mail [email protected]

Jordan Cooper welcomes on Derek Carty to discuss how the league rule changes will affect MLB DFS this coming season as well as utilizing projections for prop betting. Derek Carty on Twitter: https://twitter.com/derekcarty THE BAT on RotoGrinders: https://rotogrinders.com/the-bat ➔ Theory of DFS For Advanced Players: https://www.theoryofdfs.com/advanced ➔ Questions or feedback, e-mail [email protected]