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Speaker 1: It's time to talk money and sports with our friend

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Speaker 1: from Dean Dorton Private Wealth Wealth advisor Amy Wagner.

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Speaker 2: How's it going, Hey good?

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Speaker 1: How are you?

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Speaker 2: I'm well, there's a lot going on. We have a

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Speaker 2: lot to discuss.

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Speaker 3: We've got a lot to get to.

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Speaker 1: Tickets have been in the news recently because there's so

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Speaker 1: many games, so many events going on right now now.

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Speaker 1: AI is an inescapable part of our everyday lives.

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Speaker 2: Right.

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Speaker 1: You can't go anywhere without AI infiltratings, in some cases helping,

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Speaker 1: in some cases not helping. AI is going to impact

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Speaker 1: how we buy tickets? Is the positive? Is the impact

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Speaker 1: going to be positive or negative? For an average fan

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Speaker 1: like myself?

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Speaker 4: I think we don't know, yeah, which is kind of

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Speaker 4: my response to most things with AI. But I think

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Speaker 4: clearly there's a problem right for consumers. If you want

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Speaker 4: to buy a ticket online and you Google you know, Bengals, Browns, whatever,

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Speaker 4: Bengals Stealers, whatever game it is that you want to

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Speaker 4: go to, then those seat places pay large amounts of

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Speaker 4: money for search engine optimization to show up at the

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Speaker 4: popa the top of your search. Right, but you still

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Speaker 4: have Sea Geek, You still have stub Hub, you still

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Speaker 4: have Vivid, you still have ticketmasks, and you have to

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Speaker 4: go through each one of them individually to try to

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Speaker 4: find vastly different prices, setability right, So all of those

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Speaker 4: things are a really big headache for the consumer. Well, recently,

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Speaker 4: AI developers kind of announced that just despite the fact

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Speaker 4: that before when you went to AI, AI could only

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Speaker 4: just pull a bunch of information, kind of the next

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Speaker 4: frontier of AI is AI having agentic capabilities agency right

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Speaker 4: to do things online. I mean, it is a little

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Speaker 4: bit creepy when you think about it, but if you

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Speaker 4: want to apply that level of capability to the issue

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Speaker 4: that consumers have buying these tickets in such a stressful,

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Speaker 4: ridiculously complicated way, Essentially, now what you have is AI.

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Speaker 4: You could say, MO could say I want tickets to

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Speaker 4: the UC basketball game.

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Speaker 3: Not that you paid for a UC basketball game in

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Speaker 3: like the last decade, but say you did say you did,

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Speaker 3: and you said I'm willing to pay one hundred.

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Speaker 4: Bucks for seats, and then it could search right through

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Speaker 4: all of the options and give you your top two

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Speaker 4: or three options, and it could also potentially buy them

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Speaker 4: if you wanted to give AI, you know, your credit

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Speaker 4: card information, which.

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Speaker 3: I don't think it exists at that level.

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Speaker 4: Your you could give it your your price limitations, here

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Speaker 4: are the potential issues with that. And this gets into

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Speaker 4: the weeds and listen, I'm not a coder person, but

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Speaker 4: the critics are saying these these ticket places could embed

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Speaker 4: price codes that you and I couldn't see when we're

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Speaker 4: searching for the tickets ourselves, but they could be picked

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Speaker 4: up by these bots, so it could give them a

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Speaker 4: false price, but it's not really the price. So it's

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Speaker 4: pulling up ticket information that isn't real ticket information because

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Speaker 4: there's things that are embedded in the system that you

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Speaker 4: and I can't see. So that's a a problem. B

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Speaker 4: One of the things that AI is looking for is

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Speaker 4: the highest level of like high quality search for you.

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Speaker 3: Right, So if you're.

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Speaker 4: Saying, like so it would be like the best seeds

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Speaker 4: in the best location, blah blah blah, and it would

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Speaker 4: score a number from maybe like zero to ten. So

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Speaker 4: these tickets are a perfect ten for your match, right,

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Speaker 4: And that's kind of how the system works now.

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Speaker 3: But what they could try to do and kind of working.

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Speaker 4: The system is falsely give a higher number to return

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Speaker 4: a ticket to you that wouldn't actually be your best option,

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Speaker 4: and if you were really searching yourself, you would probably

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Speaker 4: find something a better option for it.

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Speaker 3: So are we moving in a direction where AI can

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Speaker 3: do this? Yes?

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Speaker 4: Are there issues, Yes, a lot of them right now.

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Speaker 4: But I think the interest thing is that by twenty

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Speaker 4: twenty nine stats say, I mean, however much you want

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Speaker 4: to give to that that seventy plus percent of us

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Speaker 4: will forego something like a Google search and go straight

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Speaker 4: to AI to purchase tickets.

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Speaker 1: I now just want to walk downtown to like Third

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Speaker 1: and Maine, and the guys standing there with the sign

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Speaker 1: that says I have tickets. I now just want to

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Speaker 1: talk to him. I know, right, I mean, you know,

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Speaker 1: we don't really have printed tickets anymore, so God knows

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Speaker 1: what that guy is going to give me. But now

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Speaker 1: I just I want to go back to you know what,

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Speaker 1: there's a shady looking dude standing downtown, but he's fist tickets.

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Speaker 3: Sometimes it does it?

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Speaker 4: Yeah, No, I know, And I honestly think you're gambling

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Speaker 4: as much on whatever AI would come up with as.

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Speaker 3: The dude on the corner might be giving you.

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Speaker 1: Speaking of gambling, so the sports gambling stories that we're

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Speaker 1: dealing with right now with the NBA and with baseball,

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Speaker 1: they've advanced, especially in the NBA because cell phones are

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Speaker 1: being confiscated an issue here are prop bets. Are we

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Speaker 1: trending toward a reality where sports wagering is legal, but

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Speaker 1: sports prop bets are going to be off the board.

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Speaker 4: I think we are moving toward a direction where there

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Speaker 4: will likely be more regulation around prop betting.

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Speaker 3: And you and I talked about this very recently.

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Speaker 4: In the fact that listen, these coaches, these players, we

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Speaker 4: want to say that one hundred percent of the time

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Speaker 4: they're out there giving it, they're all because they love

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Speaker 4: the sport, and also they get paid pretty good paychecks too.

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Speaker 4: But I think it's easier for any kind of bad

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Speaker 4: character to wrap their mind around, well, I'm not really

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Speaker 4: throwing the outcome of this game.

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Speaker 3: I'm just throwing the first pitch in this inning into

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Speaker 3: the dirt. Right, that's a little more okay, I mean,

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Speaker 3: that's not as big of a deal, right.

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Speaker 4: And so what we're starting to see is leagues trying

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Speaker 4: to crack down on this prop betting, which, by the way,

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Speaker 4: these sports books do not want because they're making a

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Speaker 4: heck of a lot more money on these prop bets

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Speaker 4: than they.

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Speaker 3: Are on regular bets.

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Speaker 4: When you have parlays that have prop bets as part

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Speaker 4: of them, it goes from on average then making about

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Speaker 4: nine percent off of whatever bet you're placing a closer

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Speaker 4: to twenty percent, right.

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Speaker 3: So this is incredibly lucrative for them.

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Speaker 4: So kind of the first steps that we're starting to

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Speaker 4: see in this direction is MLB is now working with

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Speaker 4: sports books. They're going to cap the amount that you

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Speaker 4: can wager behind these individual prop bets, right so that

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Speaker 4: people cannot have a gazillion dollars writing on this next

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Speaker 4: whitch that is thrown.

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Speaker 3: And then they're also working to exclude prop bets from parlays.

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Speaker 2: Really yeah, not gonna be able to do the same

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Speaker 2: game parlay with their prop bet anymore, yep, yep.

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Speaker 4: In Interestingly, Ohio's Governor Mike DeWine has been saying, listen,

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Speaker 4: this is been needed for a long time. These prop

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Speaker 4: bets are incredibly dangerous, and so it's calling on other

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Speaker 4: sports leagues to say, hey, MLB is leading the charge

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Speaker 4: with us, and we need to be paying close attention.

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Speaker 4: NBA is also working with sportsbooks right now, saying anything

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Speaker 4: that can be easily manipulated like I'm going to hit

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Speaker 4: this next free shot or not, or the first free

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Speaker 4: shot that mo Egger is shooting in this game, he's

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Speaker 4: going to miss or hit, you know, something like a turnover. Uh,

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Speaker 4: you know, looks like a sloppy pass, that kind of thing.

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Speaker 3: Those kinds of things are working to crack down on.

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Speaker 4: And listen, I mean, this is this is across any sport,

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Speaker 4: This could be happening. So now we have the NFL

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Speaker 4: and this is just kind of new information circulating a

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Speaker 4: memo to all the teams saying there are going to

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Speaker 4: be certain prohibited wagers that are plays that can be

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Speaker 4: determined by one person. So think about a quarterback first

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Speaker 4: pass that I'm throwing is going to be an incompletion

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Speaker 4: right right. I mean there's very few players, you know, kicker,

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Speaker 4: maybe they can say I'm going to influence entirely myself

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Speaker 4: the outcome of this play, but there are a few

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Speaker 4: players on that field that can do that.

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Speaker 3: Those kinds of bets they're looking to crack down on.

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Speaker 1: Amy Wagner's with his Dean Dorton private wealth. We have

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Speaker 1: talked on a number of occasions about you know, just

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Speaker 1: the saturation of streaming, and you know how much it

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Speaker 1: costs for sports fans, especially those of us who love

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Speaker 1: a lot of different sports to watch games.

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Speaker 2: We got a minor victory.

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Speaker 1: We've gotten a minor victory with Major League Soccer.

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Speaker 3: Yeah, and I listen, let's take our wins and we

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Speaker 3: can get out there.

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Speaker 2: Absolutely, yes, because.

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Speaker 4: Every time you want to watch a particular sport on

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Speaker 4: a different night, you're having to go to a different

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Speaker 4: you know, subscription service.

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Speaker 3: So this is a huge win.

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Speaker 4: So if you are a soccer fan, MLS fans had

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Speaker 4: to pay for in an Apple higher level of.

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Speaker 1: The season pass, Yeah, Apple, which is a really good product,

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Speaker 1: but it does cost.

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Speaker 4: Yes. So starting in twenty twenty six, Apple is saying,

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Speaker 4: hey guys, if you have a regular Apple subscription, you're good.

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Speaker 3: We will carry all MLS sports.

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Speaker 4: Interesting too, for you F one fans, Apple has the

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Speaker 4: rights to F one starting in twenty twenty six, five

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Speaker 4: year deal there so expecting that they will continue down

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Speaker 4: the same path. Now you can watch F one. I'm

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Speaker 4: a lot of sucker. If you have an existing Apple subscription,

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Speaker 4: are you still have to pay for the Apples?

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Speaker 2: Sure? But I don't have past extra tier. Yes, a

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Speaker 2: minor victory.

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Speaker 3: For sport victory. Let's take him when we can get him.

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Speaker 1: Right now, Cincinnati is playing Louisville and basketball on Friday. Now,

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Speaker 1: your husband's a Louisville fan, you're a Kentucky fan. Your

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Speaker 1: friend Mosey UC fan? Who will you be rooting for

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Speaker 1: on Friday?

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Speaker 3: Obviously you see?

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Speaker 2: Okay? Good? Obviously it was easy. Yeah. I thought I

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Speaker 2: was going to have to like Bob you or something.

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Speaker 4: You didn't even have to think about it for a second. Remember,

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Speaker 4: my team took an absolute beating. They took a drubbing

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Speaker 4: last night, well last night and by Louisville.

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Speaker 2: Yeah.

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Speaker 4: So I love my husband very much, but anyone up

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Speaker 4: against his cards right now?

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Speaker 3: I'm right you see? Yeah?

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Speaker 2: Okaye to my Cats, I'll take them very good.

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Speaker 1: If the Bearcats beat Louisville on Friday, I by about

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Speaker 1: nine thirty on Friday evening. If you're looking for something

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Speaker 1: to do, I will be out somewhere celebrating.

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Speaker 2: Okay, bring your husband, Okay, let's do that.

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Speaker 3: I'm also we need to like wager.

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Speaker 4: Speaking of Betts gambling, you would like to gamble on these?

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Speaker 3: Yeah, college basketball games? We need to come up with

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Speaker 3: something here.

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Speaker 2: Well, you see in Kentucky. Don't play I know.

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Speaker 3: Oh that's true. We're on the same side of this one.

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Speaker 3: I'll keep thinking.

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Speaker 2: Okay, come up with a come up with a wager.

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Speaker 3: I'll get back with you.

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Speaker 1: Amy Wagner Dean Dorton find out more about the Dean

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Speaker 1: Dorton difference God to Deandorton wealth dot com. Amy, thank

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Speaker 1: you as always happy to be here. It is thirteen

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Speaker 1: away from five o'clock. We're supposed to talk to Mike

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Speaker 1: Tyson in the next hour, plus Wes Miller plus Richard Skinner.

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Speaker 1: We have a lot of ground to cover between now

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Speaker 1: and six o'clock when Bengals game plan comes your way.

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Speaker 2: On ESPN fifteen thirty