WEBVTT - Beating The Book: Rufus Peabody

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<v Speaker 1>Check it down man, Now down man. It's the Beating

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<v Speaker 1>the Book Podcast, Bill Alexander, another edition of the pod

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<v Speaker 1>for your enjoyment during this strange time in all of

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<v Speaker 1>our lives, global pandemic. Surreal, man, just completely surreal. But

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<v Speaker 1>a credit to all of the guests who are kind

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<v Speaker 1>enough to come on the show and spend their time

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<v Speaker 1>talking to me, uh, super generous of them, lending all

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<v Speaker 1>of their insights and really giving their history as to

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<v Speaker 1>how they became the guys that they became, and really

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<v Speaker 1>the betters that they became. Each story in its own

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<v Speaker 1>right fascinating, none more so than that of this gentleman

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<v Speaker 1>right here. I've known him for quite some time now,

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<v Speaker 1>one of the most successful sports betters I know, if

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<v Speaker 1>not the most successful. Rufus Peabody. Great story, interesting story. Uh,

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<v Speaker 1>he unplays it. He's modest about it. Uh. But I

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<v Speaker 1>think you'll find it as fascinating as I do, and

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<v Speaker 1>hopefully it inspires someone out there. Rufus Peabody on today's

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<v Speaker 1>Beating the Book Podcast, Enjoy it's a numbers game with

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<v Speaker 1>your host, Kill Alexander. You want comunits to believe in analytics, Zenner,

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<v Speaker 1>it is your home for analytics for sports metting analytics

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<v Speaker 1>live actual sports betting information. It's Gil Alexander Terrus except

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<v Speaker 1>Channel two oh four, Visa dot Com, the Visa app

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<v Speaker 1>Foobos laying Game Plus on down the line. Thank you

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<v Speaker 1>for tuning in on this Wednesday. Later on the show,

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<v Speaker 1>coming up, some more college football season win totals, y'all. Yesterday,

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<v Speaker 1>Chris Felika, the bear for ESPN, was on here to

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<v Speaker 1>give his thoughts on those that were released by Caesar's.

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<v Speaker 1>Also some conference futures. Today, Pete Feutach from College Football

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<v Speaker 1>News will take his dab at what we hope are

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<v Speaker 1>meaningful prop bets for the coming college football season props

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<v Speaker 1>in terms of the futures on conferences, but also season

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<v Speaker 1>win totals. So people will be here our number two

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<v Speaker 1>before that, very pumped to have my next guest hang

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<v Speaker 1>out with us as I channel my inner my inner

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<v Speaker 1>Bob costas U Roy Firestone here during this global pandemic. Uh.

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<v Speaker 1>He is a how can I put this? He will

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<v Speaker 1>He will be modest after I say this, but he's

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<v Speaker 1>certainly one of the two most successful sports bettors that

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<v Speaker 1>I know. He'll immediately say, well, then I don't know

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<v Speaker 1>enough sports bettors. Uh. You may know him, perhaps as

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<v Speaker 1>the co host of the Bet the Process podcast that

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<v Speaker 1>he does with his buddy Jeff ma Uh, it's my

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<v Speaker 1>old friend Rufus Peatbody. Good morning to you, Rufus. How

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<v Speaker 1>you do it? Man Um, I'm doing wal Gil, Good

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<v Speaker 1>morning to you. How are you how San Francisco. Oh,

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<v Speaker 1>it's good man Ash. You mentioned him live from San Francisco.

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<v Speaker 1>You've been here, You've been h the spot here in

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<v Speaker 1>San Francisco. It's I'm well man. San Francisco got this

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<v Speaker 1>right early. They shut down before any other city did,

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<v Speaker 1>and of course got some flak four it. But in

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<v Speaker 1>the end, I think they they have proven to be

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<v Speaker 1>ahead of things, and the stats bear that out. So far,

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<v Speaker 1>we have not picked yet. You're in Boston, right, I

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<v Speaker 1>am in Boston, where it's you know, I don't think

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<v Speaker 1>they're a head of things here. I went to the

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<v Speaker 1>grocery story this past weekend, and maybe ten to fifteen

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<v Speaker 1>percent of people have masks. But I went for a

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<v Speaker 1>walk yesterday and it was close to like people with masks,

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<v Speaker 1>despite the fact that a lot of people were jogging

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<v Speaker 1>or running a rollerblading. So I think it's getting better.

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<v Speaker 1>But I don't think a lot of people are taking

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<v Speaker 1>that that seriously. In terms of the mask recommendation, well,

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<v Speaker 1>I'm guessing you asked me this yesterday. How many with

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<v Speaker 1>the percentage of folks here anecdotally that I think are

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<v Speaker 1>wearing masks, it's I don't know if it's fifty I

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<v Speaker 1>said percent yesterday. It's probably like thirty or to But

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<v Speaker 1>you just mentioned something that to me is kind of

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<v Speaker 1>it induces complacency. When the weather is not good, it

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<v Speaker 1>is very easy to self quarantine. But when it gets

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<v Speaker 1>sunny outside, dude, they're all over Chrissy Field running here,

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<v Speaker 1>people are exercising. And I got the sense yesterday because

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<v Speaker 1>I've I've been one of these people who who have

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<v Speaker 1>always you know, looked askance and people who have denied

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<v Speaker 1>this from the beginning that this is happening and as

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<v Speaker 1>serious as it is. But yesterday, it's sort of it

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<v Speaker 1>messes with your brain when it's sunny outside and you're like, huh,

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<v Speaker 1>it just doesn't feel virusy out here, right. Our brains

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<v Speaker 1>played tricks on us like that. So I kind of

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<v Speaker 1>get the complacency thing. I'm a little worried about that.

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<v Speaker 1>For a second. Spot, No I agree. I wanted to

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<v Speaker 1>get a sandwich at my favorite sandwich shop, which is

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<v Speaker 1>actually still open somehow, because it's like a deli. It's

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<v Speaker 1>I guess essential you can get. It's all take out anyway.

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<v Speaker 1>So I was walking back. It was this beautiful spring

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<v Speaker 1>day and I almost sat down and ate it outside,

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<v Speaker 1>and I was like, wait, what am I doing. I'm

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<v Speaker 1>not supposed to sit down at a park bench. Yeah,

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<v Speaker 1>that's right. It's Gill Alexander Rufus Peabody, our guest today

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<v Speaker 1>here on a numbers game at Vista, these sports betting network. Um,

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<v Speaker 1>so listen, we buried the headline for those who didn't

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<v Speaker 1>hear you on the show. A couple of weeks ago,

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<v Speaker 1>you actually tested positive for COVID nights seeing the growth

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<v Speaker 1>virus um. You said at the time that you had

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<v Speaker 1>a very mild form of it. You were feeling okay.

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<v Speaker 1>Are you clear? You and your fiance, I should say,

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<v Speaker 1>you both sort of clear of any symptoms at this point. Yeah,

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<v Speaker 1>I've been clear. It feels like it was a month

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<v Speaker 1>ago that I had the symptoms, So it's been a

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<v Speaker 1>long time. We've both been clear symptoms for a while.

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<v Speaker 1>She has to she she works in the medical profession.

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<v Speaker 1>She's a doctor, so she has to test positive or

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<v Speaker 1>test negative twice before she can go back to work. So, um,

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<v Speaker 1>she's I think you can go get tested today. Uh,

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<v Speaker 1>they're not retesting me. I've been cleared to resume being

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<v Speaker 1>I guess, resume going to the grocery store. That's basically

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<v Speaker 1>what's good saying doing these days. I was clear to

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<v Speaker 1>do that, I guess two weeks ago. So they I'm

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<v Speaker 1>presumed to be negative at this point. Well, we're all

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<v Speaker 1>glad to hear that. Um, Seriously, when I was a

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<v Speaker 1>worried about you there, even though I know you said

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<v Speaker 1>it was mild, but once you hear someone positive, you always,

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<v Speaker 1>uh worry for obvious reasons. Uh kill you avoided You

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<v Speaker 1>avoided slow this year, which proved to be a pretty

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<v Speaker 1>good decision, probably given the fact that I just gave

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<v Speaker 1>it to everybody there. Yeah, and you would have given

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<v Speaker 1>it to me, I'm sure as well. No, for sure,

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<v Speaker 1>I hope everybody else. I know you mentioned Spanky a

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<v Speaker 1>couple of weeks ago, who's a better that we all know.

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<v Speaker 1>I hope he's doing better. I had asked him to

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<v Speaker 1>come on the show, and he really wasn't feeling up

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<v Speaker 1>to it at the time. He said he wanted to

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<v Speaker 1>come on when he felt a lot better. Uh, he was,

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<v Speaker 1>he was geek to do so, but he just wasn't

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<v Speaker 1>feeling well. So I think he's I think he's doing better.

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<v Speaker 1>I don't know if you've talked to him at all.

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<v Speaker 1>You know, I've talked to him a little bit, and

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<v Speaker 1>I think he is doing better. So good, that's good. Okay,

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<v Speaker 1>that's good. All right. UM. So, obviously the reason you're

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<v Speaker 1>here is, and maybe it's not so obvious, is that

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<v Speaker 1>I like to You know, Alan Boston came on the

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<v Speaker 1>show a few weeks back. I was able to talk

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<v Speaker 1>to him for two hours, talked to Bob Stole at length.

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<v Speaker 1>Dr Bob about his handicapping process, how he became the

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<v Speaker 1>better that he became. Bill Krackenburger did that in a

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<v Speaker 1>couple of subsequent weeks when he was on his regular

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<v Speaker 1>portion of this show. You are one of the more

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<v Speaker 1>fascinating cases. And I know you probably don't feel that

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<v Speaker 1>about yourself, um, but I have. I have always felt

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<v Speaker 1>that way about you, and I think most do. Because

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<v Speaker 1>you are not typical. You do realize that right like

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<v Speaker 1>your brain is not the average brain. Gil is there an?

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<v Speaker 1>Is there a typical sports better? I don't think that. Well.

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<v Speaker 1>I think the whole point is everybody is kind of quirky,

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<v Speaker 1>in nuanced in ways and things differently, and that's why,

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<v Speaker 1>that's why it's a beautiful, beautiful thing. Yes, that's a

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<v Speaker 1>that's a very clever way of trying to, uh put

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<v Speaker 1>a false equivalency into what you into your brain versus others.

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<v Speaker 1>But I understand what you're saying. Certainly, it's a it's

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<v Speaker 1>an interesting cross section of humanity. I get it. But

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<v Speaker 1>what I'm getting out with you is your your background

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<v Speaker 1>is not typical. Let's let's go back, way back. We'll

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<v Speaker 1>get to the part that's not typical. I guess it

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<v Speaker 1>started ultimpically. You grew up I know this much about you,

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<v Speaker 1>Like myself, you were of that generation, or I should

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<v Speaker 1>say those two three decades growing up in the DC

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<v Speaker 1>area where you were a redskin. You were a Redskin

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<v Speaker 1>fan and an Orioles fan because we were too young

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<v Speaker 1>for the Senators um and too old for the Nationals

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<v Speaker 1>kind of thing. So I know you grew up a

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<v Speaker 1>sports fan like that. What did your parents do? What

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<v Speaker 1>do they do, by the way. So my my parents

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<v Speaker 1>met at architecture school. Actually, my dad is an architect.

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<v Speaker 1>He runs a small residential design firm, which now he

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<v Speaker 1>does out of the basement of our childhood my childhood house. UM.

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<v Speaker 1>And my mother Actually my mom worked at a boarding school, UM,

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<v Speaker 1>doing administrative stuff that was in Alexander, Virginia I grew up,

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<v Speaker 1>but she was home most of the time. She started

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<v Speaker 1>working there after I went to college, so she was

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<v Speaker 1>she was very active parent and drove me to sporting

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<v Speaker 1>events and all those types of things, and was Actually

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<v Speaker 1>I was born to Mrs Surprisingly Surprisingly I don't have

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<v Speaker 1>an accent, right, Um, Natchez, Mississippi, and I lived there

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<v Speaker 1>for five years before before my family moved to the

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<v Speaker 1>DC area. So and and two siblings, one sister, one

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<v Speaker 1>brother if I'm correct, Okay, and but we're all very different,

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<v Speaker 1>but they're they're both like really really awesome and really talented.

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<v Speaker 1>I've met your brother, and I know your sister is

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<v Speaker 1>very talented, so I would I would concur with both

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<v Speaker 1>of that, Um, both of those comments. But you are

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<v Speaker 1>in your own right obviously very talented as well. And

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<v Speaker 1>I'm not blowing smoke here because folks you know who

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<v Speaker 1>lends it to this show are probably familiar with you

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<v Speaker 1>by this point again that the podcast that Rufus co

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<v Speaker 1>host is called bet the Process wherever podcast aren't distributed. Um,

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<v Speaker 1>so here's the thing about you. You're super smart. Let

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<v Speaker 1>me just tell you what Roxy. Do you know what

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<v Speaker 1>Roxy says about you? Roxy Roxburrow, who's the legendary founder

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<v Speaker 1>of Las Vegas Sports Consultants, who I was just to

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<v Speaker 1>damming with last night from from Thailand. And he didn't

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<v Speaker 1>say this last night, but I know that he says

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<v Speaker 1>this of you. Do you do you have any guesses

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<v Speaker 1>as to what he says about you? What is? What

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<v Speaker 1>is stock line is? I don't know, he says. He says,

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<v Speaker 1>I always learned something from Rufus. I never forgot the

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<v Speaker 1>same way about Roxy. Yeah, I think we all do

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<v Speaker 1>about Roxy. Um, but when did you know? I guess

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<v Speaker 1>when you're a kid and you're a sports fan, like

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<v Speaker 1>like all of us were sports fans when we were kids.

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<v Speaker 1>That is very typical. But when when did you know

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<v Speaker 1>that you were sort of thinking on a level that

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<v Speaker 1>other kids might not have been. Did that start young

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<v Speaker 1>for you or was that something that happened only when

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<v Speaker 1>you got to college age. Um, you know, I think

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<v Speaker 1>it happened. I mean, I don't think I'm thinking on

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<v Speaker 1>a level that's different from other people. I think that

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<v Speaker 1>there's a lot of people thinking, well, no, I mean

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<v Speaker 1>to me, I think that if I tried to do

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<v Speaker 1>what I do and and sort of typical finance markets,

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<v Speaker 1>I would not be nearly as successful because part of

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<v Speaker 1>it is the fact that I just love sports and

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<v Speaker 1>and have always loved the number of side of sports,

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<v Speaker 1>and it just gives me ideas. I always I'm like, well,

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<v Speaker 1>I wonder if this has an effect. It just basically

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<v Speaker 1>think theories to test, which I remember, like charting people

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<v Speaker 1>this this is not to things the typical kid does,

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<v Speaker 1>but I remember watching Orioles games and charting pitches for

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<v Speaker 1>this is back in like the nineties, charting pitches for

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<v Speaker 1>um reading baseball prospectives cover to cover, back when it

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<v Speaker 1>was called UM yeah, yeah, I remember when Richard Hidalgo,

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<v Speaker 1>When Richard Hidalgo, remember that guy was on the side. Yes,

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<v Speaker 1>I do know PD guy, but I reference in my

0:11:38.520 --> 0:11:41.240
<v Speaker 1>spare time, I like worked on a project basically trying

0:11:41.280 --> 0:11:44.640
<v Speaker 1>to prove that walk rate was way undervalued and important Um,

0:11:44.720 --> 0:11:47.000
<v Speaker 1>I guess this is before a little bit before moneyball,

0:11:47.000 --> 0:11:50.400
<v Speaker 1>I guess, but I'm around that this time when you're

0:11:50.440 --> 0:11:54.880
<v Speaker 1>trying to figure this out. Um, this was let's see, actually, no,

0:11:55.000 --> 0:11:57.319
<v Speaker 1>this was early two thousands. I was probably this is

0:11:57.360 --> 0:11:59.760
<v Speaker 1>the end of high school, beginning of college. Probably they're there,

0:12:00.600 --> 0:12:04.360
<v Speaker 1>but the Richard at nine years old? Yeah, no, but

0:12:04.360 --> 0:12:06.680
<v Speaker 1>but I was, so we would so when I, I

0:12:06.679 --> 0:12:09.240
<v Speaker 1>guess in kindergarten and first grade, I went to this

0:12:09.240 --> 0:12:11.840
<v Speaker 1>private school and my parents we had a car. We'd

0:12:11.840 --> 0:12:13.600
<v Speaker 1>have a car pool to work, and my dad would stop,

0:12:14.160 --> 0:12:17.439
<v Speaker 1>um and pick up a newspaper from the newsstand every

0:12:17.520 --> 0:12:19.520
<v Speaker 1>day and I would look at the sports section, read

0:12:19.559 --> 0:12:22.480
<v Speaker 1>the baseball box scores, and so that was that was

0:12:22.520 --> 0:12:24.959
<v Speaker 1>like my daily routine. And I love and I like.

0:12:25.080 --> 0:12:26.800
<v Speaker 1>My mom was like, I don't know how you understood

0:12:26.840 --> 0:12:29.240
<v Speaker 1>what those numbers meant, but you somehow like found meeting

0:12:29.240 --> 0:12:31.599
<v Speaker 1>in them. So I think I've always been into the

0:12:31.679 --> 0:12:33.840
<v Speaker 1>number side of sports, and so that's kind of driven

0:12:34.679 --> 0:12:38.480
<v Speaker 1>driven me to to where I am now. But that

0:12:38.480 --> 0:12:40.160
<v Speaker 1>that's very interesting what you said though, that if you

0:12:40.240 --> 0:12:43.280
<v Speaker 1>were in financial markets, you wouldn't be nearly successful. So

0:12:43.360 --> 0:12:46.520
<v Speaker 1>what you know, what follows obviously then is I guess

0:12:46.679 --> 0:12:50.360
<v Speaker 1>what you're saying, And I think it's true sports, that

0:12:50.520 --> 0:12:54.199
<v Speaker 1>the coverage of sports in this country in many ways

0:12:55.160 --> 0:12:59.040
<v Speaker 1>is so primitive and and even to this day, is primitive,

0:12:59.160 --> 0:13:02.160
<v Speaker 1>right in terms of what we focus on. Right, it's

0:13:02.200 --> 0:13:05.319
<v Speaker 1>the notion of third down conversion, where just throwing out

0:13:05.320 --> 0:13:07.719
<v Speaker 1>one off the top of my head, the notion that

0:13:07.720 --> 0:13:11.000
<v Speaker 1>that is some catch all stat that is meaningful without

0:13:11.040 --> 0:13:12.839
<v Speaker 1>giving an indication it is a third and two is

0:13:12.880 --> 0:13:15.400
<v Speaker 1>a third and eleven, right, just like one quick example.

0:13:16.240 --> 0:13:21.040
<v Speaker 1>It's just a very simplified thing that's out there in

0:13:21.280 --> 0:13:24.160
<v Speaker 1>the mainstream media. And I guess what you're saying is

0:13:24.679 --> 0:13:27.800
<v Speaker 1>that's what allows you to be successful. So much of

0:13:27.840 --> 0:13:33.480
<v Speaker 1>that is that it is just so basic across the board. Well,

0:13:33.520 --> 0:13:35.280
<v Speaker 1>that and the fact that I feel like I have

0:13:35.400 --> 0:13:38.640
<v Speaker 1>intuitions for sports that I just don't have for general

0:13:39.679 --> 0:13:42.760
<v Speaker 1>business stuff because that's sports has been what I've been

0:13:42.760 --> 0:13:46.719
<v Speaker 1>exposed to and and what I think about. Whereas and now,

0:13:46.800 --> 0:13:48.920
<v Speaker 1>like you know, obviously, I'm spending a little more time

0:13:48.920 --> 0:13:51.360
<v Speaker 1>in finance related stuff now and I talked to other

0:13:51.400 --> 0:13:54.120
<v Speaker 1>people that are that I think are way smarter than me,

0:13:54.480 --> 0:13:57.920
<v Speaker 1>who have these intuitions, and man, these guys so smart, like, oh,

0:13:57.920 --> 0:14:00.920
<v Speaker 1>that makes so much sense. But but I can't, Like,

0:14:00.960 --> 0:14:04.240
<v Speaker 1>I don't think that myself. Are you betting anything with

0:14:04.280 --> 0:14:06.560
<v Speaker 1>the stock market on a daily basis during the pandemic?

0:14:06.880 --> 0:14:09.960
<v Speaker 1>It is betting. I'm not doing any day trading exactly.

0:14:09.960 --> 0:14:12.000
<v Speaker 1>But I'm an investor in the stock market. I have

0:14:12.320 --> 0:14:16.960
<v Speaker 1>for a while. Um the amount I invest in ebbed

0:14:17.000 --> 0:14:20.960
<v Speaker 1>and float, I guess so I have made the occasional

0:14:20.960 --> 0:14:23.080
<v Speaker 1>mistake of trying to time it a little bit, and

0:14:23.080 --> 0:14:26.200
<v Speaker 1>I did. I did sell a lot of stocks back

0:14:26.280 --> 0:14:28.480
<v Speaker 1>in late February when I thought this is gonna be

0:14:28.480 --> 0:14:32.160
<v Speaker 1>a lot worse than everybody thought. And so I'm trying

0:14:32.200 --> 0:14:33.880
<v Speaker 1>to figure out and I put a little bit of

0:14:33.880 --> 0:14:35.760
<v Speaker 1>money back in a few weeks ago when when the

0:14:35.840 --> 0:14:38.040
<v Speaker 1>Dow was under twenty. But but now I'm like, I

0:14:38.080 --> 0:14:40.640
<v Speaker 1>should have sold more and bought more. So there's still

0:14:41.520 --> 0:14:44.360
<v Speaker 1>there's that. But I'm trying to figure out what to position.

0:14:44.720 --> 0:14:47.200
<v Speaker 1>I mean, I'm mostly a buy and hold guy, passive investor,

0:14:47.440 --> 0:14:50.640
<v Speaker 1>you know van Guard index funds, they have lowest fees,

0:14:50.840 --> 0:14:55.720
<v Speaker 1>tracked the market, but occasionally I will do some gambling occasionally,

0:14:55.720 --> 0:14:58.440
<v Speaker 1>and I've done yeah, I've done some. I've done some

0:14:58.440 --> 0:15:01.680
<v Speaker 1>gambling during during this. I mean, you got where else

0:15:01.720 --> 0:15:05.800
<v Speaker 1>is the gambling? I don't know yet. By the way, um,

0:15:06.000 --> 0:15:08.360
<v Speaker 1>I think I mentioned to this this to you a

0:15:08.360 --> 0:15:10.480
<v Speaker 1>couple of weeks ago when you were on But I

0:15:10.560 --> 0:15:17.400
<v Speaker 1>got an update Bookmaker now on an individual uh Maddens

0:15:17.440 --> 0:15:23.880
<v Speaker 1>simulation about a hundred thousand dollars in handle. So I

0:15:23.920 --> 0:15:26.560
<v Speaker 1>think it's a fascinating stat because, on the one hand,

0:15:26.640 --> 0:15:30.479
<v Speaker 1>the reaction of many will be oh my god, degenerates,

0:15:30.560 --> 0:15:33.280
<v Speaker 1>it's ridiculous, and there's a little part of my reaction

0:15:33.320 --> 0:15:35.280
<v Speaker 1>that's that as well. But then you do have the

0:15:35.360 --> 0:15:38.720
<v Speaker 1>thought right afterwards, is that any less predictable than the

0:15:38.760 --> 0:15:41.520
<v Speaker 1>actual NFL is free flapping? I haven't watched it, so

0:15:41.560 --> 0:15:44.200
<v Speaker 1>I don't know. Maybe their patterns, Maybe there's there's ways

0:15:44.200 --> 0:15:46.880
<v Speaker 1>for betters to get edge edges. I don't I haven't

0:15:47.040 --> 0:15:50.360
<v Speaker 1>had enough interest yet to sit down and find out.

0:15:50.560 --> 0:15:54.520
<v Speaker 1>But I find that fascinating that just from an evolutionary standpoint,

0:15:54.520 --> 0:15:56.800
<v Speaker 1>if you ever doubted that betting was in our DNA,

0:15:56.960 --> 0:15:59.680
<v Speaker 1>or if betting was at its worst an addiction, there

0:15:59.760 --> 0:16:02.000
<v Speaker 1>is or there is your proof right there, or maybe

0:16:02.040 --> 0:16:05.840
<v Speaker 1>there actually is an angle to it. Well, to me,

0:16:05.840 --> 0:16:08.280
<v Speaker 1>it just it just says how big their handle must

0:16:08.360 --> 0:16:10.880
<v Speaker 1>be regularly. You know how they're doing this to keep

0:16:11.120 --> 0:16:14.840
<v Speaker 1>keep the lights on, I guess, but you know you

0:16:14.880 --> 0:16:17.080
<v Speaker 1>don't see numbers like you do for New Jersey, Nevada,

0:16:17.840 --> 0:16:21.720
<v Speaker 1>for the off shore world. So you you're a we're

0:16:21.800 --> 0:16:24.520
<v Speaker 1>talking to Rufus Peabody, by the way, um on the

0:16:24.520 --> 0:16:30.360
<v Speaker 1>show today, and um, you got to high school. I

0:16:30.560 --> 0:16:33.560
<v Speaker 1>I assume you were a successful student because the shows

0:16:33.920 --> 0:16:37.120
<v Speaker 1>are not the shows, but the universities that you can

0:16:37.160 --> 0:16:42.240
<v Speaker 1>apply to. We're probably the entire set of universities you

0:16:42.360 --> 0:16:47.720
<v Speaker 1>end up at Yale. Um tell everybody what your thesis

0:16:47.840 --> 0:16:50.880
<v Speaker 1>ended up being there. Well, Gil, before we get to that,

0:16:51.000 --> 0:16:54.120
<v Speaker 1>my high school experience was. I mean, I I was

0:16:54.200 --> 0:16:57.080
<v Speaker 1>lucky that my parents pushed me academically because I was

0:16:57.160 --> 0:16:59.520
<v Speaker 1>someone that, like my sister, would do extra credit in

0:16:59.520 --> 0:17:01.440
<v Speaker 1>a class that she already had a hundred in And

0:17:01.560 --> 0:17:04.200
<v Speaker 1>I wasn't that person. I was someone that I did

0:17:04.240 --> 0:17:08.520
<v Speaker 1>the bare minimum um to get the grade I needed

0:17:08.560 --> 0:17:10.760
<v Speaker 1>to get. And so I knew that to me, like

0:17:10.800 --> 0:17:12.720
<v Speaker 1>getting into a good college was like sort of the

0:17:12.880 --> 0:17:14.480
<v Speaker 1>what I was supposed to do, and the challenge, and

0:17:14.680 --> 0:17:16.639
<v Speaker 1>I knew that I had to get end up with

0:17:16.720 --> 0:17:17.960
<v Speaker 1>a's at the end of the year and all the

0:17:17.960 --> 0:17:20.720
<v Speaker 1>courses in my transcript. But but you didn't have to

0:17:20.720 --> 0:17:22.800
<v Speaker 1>get in a every quarter to do that. In fact,

0:17:22.840 --> 0:17:25.040
<v Speaker 1>the way it worked, if you got an A went

0:17:25.040 --> 0:17:27.000
<v Speaker 1>into the systems of four point oh and a V

0:17:27.040 --> 0:17:28.919
<v Speaker 1>plus went in is at three point five. And so

0:17:29.320 --> 0:17:32.240
<v Speaker 1>if you got um in grades were determined by we

0:17:32.280 --> 0:17:34.720
<v Speaker 1>had four quarters in the final exam, so one fifth

0:17:34.920 --> 0:17:38.439
<v Speaker 1>for each of those five segments, and so one A

0:17:38.560 --> 0:17:40.639
<v Speaker 1>and four B plus is averaged out to an A.

0:17:40.760 --> 0:17:42.439
<v Speaker 1>And so I would look if if that's what I had,

0:17:42.440 --> 0:17:43.840
<v Speaker 1>I would look just as good as the guy that

0:17:43.920 --> 0:17:46.280
<v Speaker 1>got a hundred on every test and was the star

0:17:46.320 --> 0:17:49.000
<v Speaker 1>of the class. So basically I was I was the

0:17:49.000 --> 0:17:51.919
<v Speaker 1>guy that flew under the radar here, and and I

0:17:52.000 --> 0:17:53.920
<v Speaker 1>was like, I worked as hard as I needed to

0:17:53.920 --> 0:17:55.399
<v Speaker 1>to sort of get the low A. That was what

0:17:55.480 --> 0:17:58.439
<v Speaker 1>my goal was. And I didn't sort of say it

0:17:58.480 --> 0:18:04.360
<v Speaker 1>that way, but like I definitely I didn't put in Yeah,

0:18:04.600 --> 0:18:08.200
<v Speaker 1>I mean I did my German homework for second period,

0:18:09.160 --> 0:18:12.240
<v Speaker 1>for I did my German homework in calculus class and

0:18:12.359 --> 0:18:15.480
<v Speaker 1>as well as working on running a bracket contest from

0:18:15.480 --> 0:18:18.479
<v Speaker 1>the back of the class in the funny story. Actually

0:18:18.480 --> 0:18:23.560
<v Speaker 1>the calculus teacher, Mr Nickley until I remember when I

0:18:23.640 --> 0:18:25.560
<v Speaker 1>asked him for a letter of recommendation when I was

0:18:25.560 --> 0:18:27.560
<v Speaker 1>applying to college. He said, I assume you don't want

0:18:27.600 --> 0:18:29.800
<v Speaker 1>me to talk about the fact you're running bracket You're

0:18:29.840 --> 0:18:32.520
<v Speaker 1>running bracket contests from the back of the class. I

0:18:32.600 --> 0:18:36.120
<v Speaker 1>was like, you were that kid. You were that kid

0:18:36.160 --> 0:18:38.440
<v Speaker 1>as well? What's what school? Was this? Rufus? Just so

0:18:38.600 --> 0:18:43.560
<v Speaker 1>just like I'm familiar TC Williams High School TC Williams.

0:18:43.600 --> 0:18:47.960
<v Speaker 1>Wasn't TC Williams featured in the Denzel Washington movie as well?

0:18:48.080 --> 0:18:51.919
<v Speaker 1>Was that TC Williams? It was Remember the Titans. Remember

0:18:51.960 --> 0:18:56.280
<v Speaker 1>the Titans are claim to fame. Although our so our

0:18:56.280 --> 0:18:59.040
<v Speaker 1>football team when I was there was not nearly successful.

0:18:59.080 --> 0:19:01.840
<v Speaker 1>I think we won maybe four games in four years,

0:19:01.920 --> 0:19:06.399
<v Speaker 1>and I still remember we were losing I think to

0:19:06.480 --> 0:19:12.320
<v Speaker 1>nothing it senior year at homecoming at halftime, um, oh man,

0:19:13.119 --> 0:19:14.800
<v Speaker 1>not good. I wasn't there, though I was. I was

0:19:14.800 --> 0:19:17.200
<v Speaker 1>a runner. I ran across country and so I didn't

0:19:17.280 --> 0:19:19.919
<v Speaker 1>I didn't have to go to any of the games. Luckily, Oh,

0:19:19.960 --> 0:19:21.679
<v Speaker 1>I could see you running cross country you have that

0:19:21.720 --> 0:19:26.320
<v Speaker 1>cross country bill? What was the uh so TC Williams

0:19:26.320 --> 0:19:28.960
<v Speaker 1>had that grading system? I had no idea. I think

0:19:29.080 --> 0:19:32.520
<v Speaker 1>I still do they still have that system? I'm sure.

0:19:33.240 --> 0:19:35.080
<v Speaker 1>I mean, I don't know. It's been many years. But

0:19:35.080 --> 0:19:38.119
<v Speaker 1>but the way the way it works, right because because

0:19:38.320 --> 0:19:40.919
<v Speaker 1>a's are on a range. But when I found this out,

0:19:40.960 --> 0:19:44.080
<v Speaker 1>I mean it was it was a game changer. But

0:19:45.160 --> 0:19:46.920
<v Speaker 1>three be goes in as a three point oh though,

0:19:47.000 --> 0:19:49.520
<v Speaker 1>so if you have one B, it's like it's it's

0:19:49.520 --> 0:19:51.479
<v Speaker 1>a little harder. See, I needed I needed to make

0:19:51.480 --> 0:19:54.480
<v Speaker 1>sure I got at least b pluses. See this changes everything.

0:19:54.480 --> 0:19:56.400
<v Speaker 1>Where was perhaps you weren't as smart as I gave

0:19:56.440 --> 0:19:58.760
<v Speaker 1>you credit for her exactly. See, I was that I

0:19:58.840 --> 0:20:00.879
<v Speaker 1>was not the superstars to in the class, and I

0:20:01.520 --> 0:20:04.720
<v Speaker 1>managed to be like, you know, well rounded. That was

0:20:04.760 --> 0:20:06.960
<v Speaker 1>the thing everybody was, you know, you know, that was

0:20:07.960 --> 0:20:09.959
<v Speaker 1>what I everydu was talking about to get into good

0:20:10.000 --> 0:20:12.640
<v Speaker 1>college and to be well round, to do all these extracurriculars.

0:20:12.680 --> 0:20:15.040
<v Speaker 1>I just kept busy in general. Like I I refereed.

0:20:15.240 --> 0:20:18.120
<v Speaker 1>I refereed youth soccer games as a weekend job. I

0:20:18.240 --> 0:20:21.240
<v Speaker 1>umpired youth baseball. I was, I was in the band,

0:20:21.520 --> 0:20:24.239
<v Speaker 1>I you know, like I did all these things just

0:20:24.320 --> 0:20:28.119
<v Speaker 1>because you know, I kept myself busy and I enjoyed

0:20:28.119 --> 0:20:30.000
<v Speaker 1>all the sports stuff. I played every you know, I've

0:20:30.040 --> 0:20:32.680
<v Speaker 1>played sports every season as well as I did UM

0:20:32.920 --> 0:20:35.119
<v Speaker 1>stats for the basketball team my senior year. I ran

0:20:35.160 --> 0:20:37.919
<v Speaker 1>their statistics UM department. I guess I don't even know

0:20:37.920 --> 0:20:40.280
<v Speaker 1>what you call it. So so somehow my senior year

0:20:40.320 --> 0:20:42.359
<v Speaker 1>I ended up as well as running into a track,

0:20:42.440 --> 0:20:45.400
<v Speaker 1>and I ended up with four senior letters and four

0:20:45.480 --> 0:20:48.840
<v Speaker 1>varsity letters in three seasons. So so I graduated with

0:20:48.840 --> 0:20:52.359
<v Speaker 1>thirteen varsity letters in twelve seasons as a result of that. So,

0:20:52.400 --> 0:20:54.000
<v Speaker 1>I mean, I but but it wasn't like with the

0:20:54.040 --> 0:20:57.679
<v Speaker 1>intention of, yeah, building up my resume. It was because, like,

0:20:57.720 --> 0:21:00.920
<v Speaker 1>this is the stuff that I wanted to do. Um

0:21:01.119 --> 0:21:04.879
<v Speaker 1>rufus Peabody. But one of the most successful bettters I know,

0:21:04.960 --> 0:21:09.879
<v Speaker 1>if not the most successful, mild mannered, average childhood. I

0:21:09.880 --> 0:21:12.679
<v Speaker 1>guess that's very relatable. Uh, we'll get to what his

0:21:12.760 --> 0:21:15.359
<v Speaker 1>college thesis was. That's where the betting really goes in

0:21:15.520 --> 0:21:18.919
<v Speaker 1>full bore. Rufus Peabody Today on a numbers game at

0:21:18.960 --> 0:21:22.440
<v Speaker 1>Visa these sports betting network welcome back to a numbers

0:21:22.480 --> 0:21:27.080
<v Speaker 1>game with you. Alexander Rufus Peabody my guest today on

0:21:27.119 --> 0:21:29.080
<v Speaker 1>the Numbers game at Visa. The Sports Betting Network will

0:21:29.119 --> 0:21:32.040
<v Speaker 1>do some college football season win totals in conference futures

0:21:32.160 --> 0:21:35.280
<v Speaker 1>later with Pete few Tech from College Football News. Rufus,

0:21:35.280 --> 0:21:37.840
<v Speaker 1>you were telling me off air, first of all thirteen

0:21:37.960 --> 0:21:42.360
<v Speaker 1>varsity letters in twelve seasons, cross country, indoor track, tennis.

0:21:42.359 --> 0:21:46.040
<v Speaker 1>Are you good at tennis? Not anymore? I wasn't great.

0:21:46.200 --> 0:21:48.800
<v Speaker 1>I was a hustler. I was, I think in my

0:21:48.880 --> 0:21:52.720
<v Speaker 1>best like number four on our on our on our team,

0:21:53.040 --> 0:21:57.520
<v Speaker 1>hustled in tennis, hustled the grading system. And what was

0:21:57.560 --> 0:21:59.359
<v Speaker 1>that you just told me off air. In addition, you

0:21:59.400 --> 0:22:02.600
<v Speaker 1>were sort of like the reporter of sorts for sports. Oh.

0:22:02.640 --> 0:22:07.320
<v Speaker 1>I volunteered, I you know, I covered local college basketball

0:22:07.359 --> 0:22:10.240
<v Speaker 1>games for the local connection newspapers, so to the commuter

0:22:10.320 --> 0:22:14.479
<v Speaker 1>newspapers out there, so um, the Alexandria Gazette Packett, there

0:22:14.480 --> 0:22:16.440
<v Speaker 1>are other ones. And so I would go see like

0:22:16.520 --> 0:22:20.320
<v Speaker 1>a Mount Vernon versus Hayfield basketball game and write an

0:22:20.440 --> 0:22:22.960
<v Speaker 1>article for and for free. And I think the sports

0:22:23.080 --> 0:22:25.399
<v Speaker 1>editor of this guy, Rich Sanders, I still remember his name,

0:22:25.440 --> 0:22:27.920
<v Speaker 1>must have loved me. And so but it was good

0:22:27.920 --> 0:22:29.399
<v Speaker 1>because at the time I thought I wanted to be

0:22:29.480 --> 0:22:31.240
<v Speaker 1>I thought I wanted to be a sports journalist. That's

0:22:31.280 --> 0:22:33.359
<v Speaker 1>what I thought I wanted to do. And but I

0:22:33.400 --> 0:22:36.560
<v Speaker 1>realized I wrote these articles. Looking back at some of

0:22:36.560 --> 0:22:39.359
<v Speaker 1>the articles I wrote, I see that what I was

0:22:39.440 --> 0:22:41.840
<v Speaker 1>kind of doing was sort of I wasn't covering just

0:22:41.920 --> 0:22:44.600
<v Speaker 1>the what happened, but kind of the why it happened.

0:22:44.600 --> 0:22:46.520
<v Speaker 1>I was like, this team is like they're planned to

0:22:46.520 --> 0:22:49.400
<v Speaker 1>penetrate and kick out generated open shots, and that's why

0:22:49.440 --> 0:22:53.760
<v Speaker 1>this happened. So creating narratives, but but also really kind

0:22:53.760 --> 0:22:56.359
<v Speaker 1>of getting into the analysis part of it. You know.

0:22:56.400 --> 0:22:58.680
<v Speaker 1>I had Chris Feliko in the bear from ESPN's College

0:22:58.720 --> 0:23:01.399
<v Speaker 1>Game Day, Yes Your Day, and I tried to do

0:23:01.440 --> 0:23:04.119
<v Speaker 1>the same thing with him and and and it was

0:23:04.119 --> 0:23:06.639
<v Speaker 1>a fascinating story how he got to ESPN. And I

0:23:06.720 --> 0:23:09.600
<v Speaker 1>just think there's so much to inspire young people with

0:23:09.600 --> 0:23:13.680
<v Speaker 1>with these stories, because someone inevitably, and probably multiple people

0:23:13.880 --> 0:23:17.240
<v Speaker 1>in all of these cases, will hear you, will hear Chris,

0:23:17.600 --> 0:23:20.680
<v Speaker 1>and will just be like, Yes, this is exactly who

0:23:20.720 --> 0:23:24.359
<v Speaker 1>I am. I should embrace this. Maybe I was. Maybe

0:23:24.400 --> 0:23:26.640
<v Speaker 1>I'm not the coolest kid in the room. But if

0:23:26.680 --> 0:23:29.320
<v Speaker 1>this guy became the greatest No, no, serious, And I

0:23:29.359 --> 0:23:31.639
<v Speaker 1>don't say that disparagingly because I relate to all of

0:23:31.640 --> 0:23:34.480
<v Speaker 1>this stuff in different ways, right, but we're kind of

0:23:34.520 --> 0:23:37.520
<v Speaker 1>the same type. The other thing you mentioned that is

0:23:37.560 --> 0:23:40.160
<v Speaker 1>so common to do those of us who bet sports

0:23:40.480 --> 0:23:43.240
<v Speaker 1>and bet sports seriously and in your case professionally, is

0:23:43.720 --> 0:23:46.040
<v Speaker 1>you ran you I don't want to gloss over this detail.

0:23:46.320 --> 0:23:48.200
<v Speaker 1>You were running an n C double a bracket from

0:23:48.200 --> 0:23:50.879
<v Speaker 1>the back of the class. Is that what you were doing? Yeah?

0:23:50.920 --> 0:23:53.800
<v Speaker 1>I was. Yeah, what was the format? Do you remember?

0:23:55.440 --> 0:23:57.280
<v Speaker 1>I'm not sure. I think we gave bonus points to

0:23:57.400 --> 0:24:00.960
<v Speaker 1>under two picking underdogs, but you know, I think it

0:24:01.080 --> 0:24:03.840
<v Speaker 1>was like five bucks or something, and people gave me

0:24:03.880 --> 0:24:07.080
<v Speaker 1>the brackets. And this is before, this is before everybody

0:24:07.080 --> 0:24:10.000
<v Speaker 1>had laptops and everything like that, So I would I

0:24:10.000 --> 0:24:12.399
<v Speaker 1>would have to go through manually and check, you know,

0:24:13.119 --> 0:24:18.080
<v Speaker 1>which which picks one and which picks lost. And here

0:24:18.160 --> 0:24:20.120
<v Speaker 1>here's what I always find interesting about that stuff. So

0:24:20.600 --> 0:24:25.120
<v Speaker 1>in five this will date me. I was a huge

0:24:25.160 --> 0:24:29.360
<v Speaker 1>Georgetown fan. That was the year that Georgetown was unbeatable, right,

0:24:29.359 --> 0:24:31.800
<v Speaker 1>like they were the behemoth. I didn't even know anything

0:24:31.840 --> 0:24:36.200
<v Speaker 1>about betting, odds at the time, but somehow instinctively I knew.

0:24:36.400 --> 0:24:38.760
<v Speaker 1>I went around all my classmates and I'm like, I

0:24:38.800 --> 0:24:41.439
<v Speaker 1>got Georgetown, you got the other sixty three teams or

0:24:41.440 --> 0:24:42.840
<v Speaker 1>forty seven, whatever was at the time. I think it

0:24:42.840 --> 0:24:44.760
<v Speaker 1>was the first year, if I'm not mistaken of sixty

0:24:44.760 --> 0:24:46.400
<v Speaker 1>four might have been the next year. I can't remember.

0:24:46.440 --> 0:24:47.640
<v Speaker 1>I think it was the first year, but I said,

0:24:47.640 --> 0:24:49.560
<v Speaker 1>I got Georgetown, you got the other sixty three teams,

0:24:50.000 --> 0:24:51.879
<v Speaker 1>but you have to give me five like you have

0:24:51.920 --> 0:24:54.159
<v Speaker 1>to give me five times the profit. If I went like,

0:24:54.200 --> 0:24:56.760
<v Speaker 1>I just didn't. I just knew it somehow in eately

0:24:57.160 --> 0:25:00.359
<v Speaker 1>and you just mentioned that you rewarded upsets. Did you

0:25:00.400 --> 0:25:02.320
<v Speaker 1>even know that from anywhere else? Or was that just

0:25:02.359 --> 0:25:05.120
<v Speaker 1>something you came up with. I don't know. I feel

0:25:05.160 --> 0:25:06.920
<v Speaker 1>like I wouldn't have come up with that on my own.

0:25:07.200 --> 0:25:08.840
<v Speaker 1>I'm not that smart, but I think it was one.

0:25:08.920 --> 0:25:11.520
<v Speaker 1>It was one format that people used for these things

0:25:11.520 --> 0:25:14.560
<v Speaker 1>because I didn't want like I liked picking the upsets,

0:25:14.560 --> 0:25:16.080
<v Speaker 1>and I had friends that kind of like that too,

0:25:16.160 --> 0:25:18.200
<v Speaker 1>and so I think we wanted it to be more interesting.

0:25:19.280 --> 0:25:20.960
<v Speaker 1>All right, So you go to Yale and I'm sorry

0:25:21.000 --> 0:25:22.600
<v Speaker 1>to fast forward through your life because I want to

0:25:22.600 --> 0:25:25.159
<v Speaker 1>get to the to the betting and your approach. But

0:25:25.880 --> 0:25:29.040
<v Speaker 1>you're at Yale, obviously one of the great Ivy League

0:25:29.080 --> 0:25:32.600
<v Speaker 1>schools in this country, and you decide to do as

0:25:32.600 --> 0:25:39.960
<v Speaker 1>your thesis. First of all, was your major economics economics, economics,

0:25:39.520 --> 0:25:43.280
<v Speaker 1>And I was either gonna be political science, history or economics,

0:25:43.359 --> 0:25:45.360
<v Speaker 1>I thought, I ended up I ended up liking economics

0:25:45.400 --> 0:25:48.200
<v Speaker 1>and liking the the approach, the tools that gives you

0:25:48.240 --> 0:25:50.280
<v Speaker 1>to approach things, the kind of the way of thinking,

0:25:50.280 --> 0:25:52.520
<v Speaker 1>not necessarily doing it towards you know, I don't care

0:25:52.520 --> 0:25:55.720
<v Speaker 1>about interest rates or forecasting the macroeconomic climates or anything

0:25:55.800 --> 0:25:58.320
<v Speaker 1>like that, but but I like the sort of the way.

0:25:58.520 --> 0:26:00.760
<v Speaker 1>I liked the micro economics side of it and the

0:26:01.080 --> 0:26:03.720
<v Speaker 1>sort of and that approach has been useful for me

0:26:04.000 --> 0:26:07.640
<v Speaker 1>as a sports better for sure, Yeah, much more practical.

0:26:07.640 --> 0:26:09.879
<v Speaker 1>I ended up being a political science major and knew

0:26:10.000 --> 0:26:12.320
<v Speaker 1>while I was a political science major that I would

0:26:12.359 --> 0:26:15.399
<v Speaker 1>never apply it to anything. UM, So good for you

0:26:15.480 --> 0:26:17.400
<v Speaker 1>for that. So what ends up being your thesis then?

0:26:18.400 --> 0:26:21.919
<v Speaker 1>So my thesis actually ended up being UM on the

0:26:21.960 --> 0:26:27.399
<v Speaker 1>psychological inefficiencies of Baseball betting market. That basically process was

0:26:27.680 --> 0:26:30.560
<v Speaker 1>I'm looking at these pictures here the process was undervalued

0:26:30.560 --> 0:26:33.400
<v Speaker 1>and outcomes were over value. But initially Gil I got

0:26:33.400 --> 0:26:35.480
<v Speaker 1>money from Yale. They actually paid for me to go

0:26:35.520 --> 0:26:38.160
<v Speaker 1>out to Las Vegas for this internship with Las Vegas

0:26:38.160 --> 0:26:40.520
<v Speaker 1>Sports Consultants where I was gonna I was gonna be

0:26:40.560 --> 0:26:43.640
<v Speaker 1>doing my senior thesis on like on corruption and amateur

0:26:43.840 --> 0:26:46.520
<v Speaker 1>athletics and like point shaving and stuff. But I kind

0:26:46.520 --> 0:26:49.320
<v Speaker 1>of I want a different direction. All right, let's put

0:26:49.320 --> 0:26:51.520
<v Speaker 1>a holder in that. I want to hear all about that.

0:26:51.680 --> 0:26:53.560
<v Speaker 1>We'll talk about that after the break, and then we'll

0:26:53.560 --> 0:26:56.399
<v Speaker 1>get into when Rufus first knew he could make a

0:26:56.440 --> 0:26:58.680
<v Speaker 1>living at this, what was sort of the moment he

0:26:58.760 --> 0:27:01.040
<v Speaker 1>knew that he had some note iety all of that.

0:27:01.200 --> 0:27:03.880
<v Speaker 1>Rufus Pabody on a numbers game right here at Visa

0:27:03.960 --> 0:27:07.520
<v Speaker 1>the Sports Betting Network. Welcome back to a numbers game

0:27:07.840 --> 0:27:12.600
<v Speaker 1>with you, Alexander. Quick Picks Classic offers matchups and pro

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0:27:42.640 --> 0:27:46.480
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<v Speaker 1>com slash Visa bonus. That's quick picks dot com slash

0:27:54.000 --> 0:27:56.800
<v Speaker 1>Visa Bonus. It's Gill Alexander. It's a numbers game right

0:27:56.800 --> 0:27:59.880
<v Speaker 1>here at Visa the sports betting network. Rufus Peabody kind

0:27:59.880 --> 0:28:02.120
<v Speaker 1>of enough to join us for the hour. I might

0:28:02.160 --> 0:28:04.760
<v Speaker 1>need an extra segment after this, Rufus, so it might

0:28:04.760 --> 0:28:06.359
<v Speaker 1>bleed to the second hour, if you can afford me

0:28:06.359 --> 0:28:08.679
<v Speaker 1>that time. Uh, just because I want to flesh this

0:28:08.720 --> 0:28:11.040
<v Speaker 1>out for first thing. And I probably buried the headline

0:28:11.080 --> 0:28:12.520
<v Speaker 1>with you. I don't know if I buried the headline.

0:28:12.520 --> 0:28:15.119
<v Speaker 1>I'm sort of big tongue in cheek there. But your

0:28:15.200 --> 0:28:19.560
<v Speaker 1>name is Rufus Peabody. How many people? Uh, because you

0:28:19.600 --> 0:28:23.000
<v Speaker 1>sound like a horn section player in Earth Wind and Fire, Like,

0:28:23.000 --> 0:28:33.160
<v Speaker 1>how many people hear your name? And that he played clarinet? Yeah,

0:28:33.240 --> 0:28:37.920
<v Speaker 1>I should have asked you that was what clarinet? Um

0:28:37.960 --> 0:28:41.160
<v Speaker 1>interesting interesting name? Do people stop? First of all, your

0:28:41.160 --> 0:28:43.000
<v Speaker 1>co host, Jeff ma cam't pronounce it. Do you know

0:28:43.000 --> 0:28:47.080
<v Speaker 1>this about Jeff? It's not Peabody, it's Peabody, right, I mean,

0:28:47.120 --> 0:28:49.400
<v Speaker 1>he's a Boston guy, so he likes he likes to

0:28:49.440 --> 0:28:53.800
<v Speaker 1>represent former Boston guy. He lives. He's out there with

0:28:53.840 --> 0:28:55.960
<v Speaker 1>you and in the on the Bay area. But you

0:28:56.000 --> 0:28:58.280
<v Speaker 1>know he was Yeah, I don't know if you know this,

0:28:58.400 --> 0:29:01.080
<v Speaker 1>but he went to m I t no, I did

0:29:01.600 --> 0:29:06.600
<v Speaker 1>familiar I've heard that before. I am familiar with that story.

0:29:07.440 --> 0:29:10.720
<v Speaker 1>All right, So your thesis is on the inefficiencies in

0:29:10.760 --> 0:29:14.520
<v Speaker 1>the baseball betting market and what was your intention to

0:29:14.560 --> 0:29:17.960
<v Speaker 1>go to Las Vegas and do what? Um, my intention

0:29:18.040 --> 0:29:20.640
<v Speaker 1>was to go to Las Vegas and work for Las

0:29:20.720 --> 0:29:24.800
<v Speaker 1>Vegas Sports Consultants. That's actually that was That was well,

0:29:25.440 --> 0:29:28.520
<v Speaker 1>it wasn't my original intention. It was never my original intention.

0:29:28.720 --> 0:29:32.840
<v Speaker 1>I I never even knew that. I didn't even know.

0:29:33.200 --> 0:29:34.960
<v Speaker 1>I didn't know much about the world of sports betting

0:29:35.000 --> 0:29:37.479
<v Speaker 1>at all. I remember actually I think I signed up

0:29:37.480 --> 0:29:40.240
<v Speaker 1>for my first off shore sports book account, like back

0:29:40.520 --> 0:29:44.000
<v Speaker 1>in maybe two thousand six or something, and I was like,

0:29:44.160 --> 0:29:47.240
<v Speaker 1>I'm gonna and I think I lost a hundred dollars

0:29:47.280 --> 0:29:50.240
<v Speaker 1>really quickly, I put I think I still remember I

0:29:50.280 --> 0:29:53.280
<v Speaker 1>betted on like the Angels laying minus one fifty or something.

0:29:53.280 --> 0:29:54.560
<v Speaker 1>I was like, oh, there, they have to be more

0:29:54.600 --> 0:29:56.880
<v Speaker 1>likely than six, so there's no analytics behind it. But

0:29:57.000 --> 0:29:58.880
<v Speaker 1>I didn't know much about the gambling world at all,

0:29:59.160 --> 0:30:01.200
<v Speaker 1>So I wasn't one of these people that was like

0:30:01.360 --> 0:30:04.640
<v Speaker 1>a gambler their whole life. And and I think, like,

0:30:04.680 --> 0:30:07.680
<v Speaker 1>I'm not naturally gambler. I've always been sort of conservative financially.

0:30:07.960 --> 0:30:10.600
<v Speaker 1>I naturally am someone that loves games, though, and so

0:30:10.680 --> 0:30:13.400
<v Speaker 1>gambling is kind of a game. And so when I

0:30:13.440 --> 0:30:16.240
<v Speaker 1>when I found out this whole world existed, I like,

0:30:16.680 --> 0:30:19.520
<v Speaker 1>you know, I kind of dove into it. But but

0:30:19.560 --> 0:30:21.720
<v Speaker 1>I still, even after doing the internship at Las Vegas

0:30:21.720 --> 0:30:24.120
<v Speaker 1>Sports Consultants and getting an offer to go work there

0:30:24.160 --> 0:30:26.600
<v Speaker 1>full time, I kind of explored my options. Um, I

0:30:26.640 --> 0:30:29.680
<v Speaker 1>applied for some jobs in finance, which I didn't get,

0:30:30.240 --> 0:30:34.880
<v Speaker 1>and and then so then and so backup Las Vegas. Yeah,

0:30:34.920 --> 0:30:39.400
<v Speaker 1>I mean I wasn't. I'll be honest. The first time

0:30:39.440 --> 0:30:42.320
<v Speaker 1>I had one of these sort of finance consulting interviews

0:30:42.680 --> 0:30:45.440
<v Speaker 1>when they were like, how many cell phone towers do

0:30:45.480 --> 0:30:47.719
<v Speaker 1>you think there are in the United States? Like that

0:30:47.800 --> 0:30:49.560
<v Speaker 1>kind of question. That was the specific one I got,

0:30:49.640 --> 0:30:51.120
<v Speaker 1>And I didn't even know what a cell phone tower

0:30:51.200 --> 0:30:53.400
<v Speaker 1>was at the time. I was like, like, I had

0:30:53.440 --> 0:30:55.520
<v Speaker 1>no idea how cell phones actually worked. It was magic

0:30:55.560 --> 0:30:58.800
<v Speaker 1>to me. But would you love stuff like that? Yeah? Well,

0:30:58.880 --> 0:31:00.520
<v Speaker 1>the thing is the funny thing is I was so

0:31:00.600 --> 0:31:03.239
<v Speaker 1>I bombed on that, but I feel like i'd be

0:31:03.240 --> 0:31:05.720
<v Speaker 1>I'd be so much better at that stuff now. But

0:31:05.760 --> 0:31:07.520
<v Speaker 1>I think sports betting in a way kind of taught

0:31:07.520 --> 0:31:11.040
<v Speaker 1>me how to think. That's interesting. How did you become

0:31:11.040 --> 0:31:13.320
<v Speaker 1>aware of Las Vegas Sports Consultants if you weren't a

0:31:13.360 --> 0:31:15.280
<v Speaker 1>gambler to begin with, Like, that's a pretty obscure thing,

0:31:15.400 --> 0:31:20.400
<v Speaker 1>especially back then. Yeah. Gene Wojahowski for ESPN dot Com

0:31:20.440 --> 0:31:24.120
<v Speaker 1>wrote an article about LVSC. This was it was during

0:31:24.200 --> 0:31:27.320
<v Speaker 1>March Madness, I think of two thousand seven or maybe

0:31:27.320 --> 0:31:31.640
<v Speaker 1>two six I think I remember this. Yeah. He basically

0:31:31.640 --> 0:31:35.280
<v Speaker 1>he was embedded at LVSC during selection Sunday and I

0:31:35.280 --> 0:31:37.160
<v Speaker 1>think the whole thesis of the article was like you

0:31:37.160 --> 0:31:39.600
<v Speaker 1>think you know sports, like you're actually square. These guys

0:31:39.600 --> 0:31:42.320
<v Speaker 1>are the sharps and and and this is like this

0:31:42.400 --> 0:31:45.200
<v Speaker 1>is how they work. And I was like, this seems

0:31:45.200 --> 0:31:48.160
<v Speaker 1>so cool. It seems like academia for for sports kind

0:31:48.160 --> 0:31:51.120
<v Speaker 1>of and and I was like I wanted to Oprah

0:31:51.120 --> 0:31:53.600
<v Speaker 1>would say you're aha moment or reading that sort of thing.

0:31:53.720 --> 0:31:56.400
<v Speaker 1>So when when you got there and let's be honest

0:31:56.440 --> 0:31:59.880
<v Speaker 1>here and you spent some time there, were you shock

0:32:00.080 --> 0:32:04.719
<v Speaker 1>did how primitive it all was? Yeah? I was shocked

0:32:05.000 --> 0:32:10.120
<v Speaker 1>that as a as an economics major, I had more

0:32:10.120 --> 0:32:12.640
<v Speaker 1>of a statistical background than anybody. But the thing is,

0:32:12.880 --> 0:32:16.360
<v Speaker 1>these people are all they were very very smart, but

0:32:16.480 --> 0:32:20.520
<v Speaker 1>they um and they just didn't have the sort of

0:32:21.080 --> 0:32:24.320
<v Speaker 1>foremal statistics. They couldn't run like significance tests and stuff

0:32:24.360 --> 0:32:27.400
<v Speaker 1>like that, right, but they but they were very very

0:32:27.440 --> 0:32:30.920
<v Speaker 1>good with numbers and and what's interesting is I think

0:32:31.000 --> 0:32:34.120
<v Speaker 1>Kenny White had me like test out something to try

0:32:34.160 --> 0:32:37.840
<v Speaker 1>to figure out the value of three point shot versus

0:32:37.840 --> 0:32:40.320
<v Speaker 1>a rebound versus an assistant basketball basically come up with

0:32:40.360 --> 0:32:43.120
<v Speaker 1>some formula for him um to test what his was.

0:32:43.400 --> 0:32:46.320
<v Speaker 1>And the funny thing is like it almost matched exactly

0:32:46.680 --> 0:32:50.480
<v Speaker 1>what he had developed just from his intuition, which was

0:32:50.680 --> 0:32:53.080
<v Speaker 1>just absolutely incredible to me. So you have a bunch

0:32:53.080 --> 0:32:56.280
<v Speaker 1>of people that spent their careers out, you know, looking

0:32:56.560 --> 0:32:59.600
<v Speaker 1>basically making numbers on sporting events, and they had their

0:32:59.640 --> 0:33:03.080
<v Speaker 1>system and and it was logical, and they were very

0:33:03.160 --> 0:33:07.080
<v Speaker 1>very smart people. Um, but isn't that amazing? I'm sorry,

0:33:07.080 --> 0:33:10.920
<v Speaker 1>go ahead, no, no, you know you said that about Kenny.

0:33:10.960 --> 0:33:13.160
<v Speaker 1>Kenny is a frequent guest on the network uh here

0:33:13.200 --> 0:33:16.560
<v Speaker 1>at visn um so Kenny still and Kenny does things

0:33:16.600 --> 0:33:18.760
<v Speaker 1>on his own CBS sports line, I believe as well.

0:33:18.880 --> 0:33:20.720
<v Speaker 1>But what you just said to me is very interesting.

0:33:20.800 --> 0:33:22.640
<v Speaker 1>And I always say that the reason I started doing

0:33:22.640 --> 0:33:24.920
<v Speaker 1>a podcast on sports betting so many years ago and

0:33:24.920 --> 0:33:27.440
<v Speaker 1>I'm doing this show now is just everything about the

0:33:27.480 --> 0:33:29.400
<v Speaker 1>subject fascinates me. And you just hit on one of

0:33:29.440 --> 0:33:31.560
<v Speaker 1>my favorite things, which is and I always use you,

0:33:31.640 --> 0:33:33.440
<v Speaker 1>by the way, in this example, I say, I know

0:33:33.520 --> 0:33:36.200
<v Speaker 1>the most mathematical guys in the world who do things,

0:33:36.560 --> 0:33:38.400
<v Speaker 1>you know, on one side of the spectrum to approach

0:33:38.640 --> 0:33:41.000
<v Speaker 1>approach sports betting, and then on the far end of

0:33:41.000 --> 0:33:44.960
<v Speaker 1>the spectrum, there are guys that just from you know,

0:33:45.120 --> 0:33:47.280
<v Speaker 1>being involved in it for as long as they have

0:33:47.800 --> 0:33:51.560
<v Speaker 1>some more scammy than others. We can get into that later. Um,

0:33:51.600 --> 0:33:55.800
<v Speaker 1>but some just by sheer experience, right, And oftentimes those

0:33:55.800 --> 0:33:59.120
<v Speaker 1>two approaches end up at the same answer. That's amazing,

0:33:59.200 --> 0:34:02.440
<v Speaker 1>isn't it Like it's endlessly fascinating me. No, it really

0:34:02.480 --> 0:34:04.200
<v Speaker 1>is that there's not sort of it's not one size

0:34:04.240 --> 0:34:06.680
<v Speaker 1>fits all and everybody. And by the way, the fact

0:34:06.680 --> 0:34:09.240
<v Speaker 1>that you consider me the mathematical guy is very interesting

0:34:09.280 --> 0:34:12.040
<v Speaker 1>because I don't consider myself like the mathematical guy. I'm

0:34:12.040 --> 0:34:14.360
<v Speaker 1>a guy that you know, I have somewhat of a

0:34:14.360 --> 0:34:17.719
<v Speaker 1>statistical background, but I'm I'm not gonna I mean, there's

0:34:17.920 --> 0:34:19.680
<v Speaker 1>there are a lot of people that are way way

0:34:19.719 --> 0:34:21.799
<v Speaker 1>better at the at the math than I am. For

0:34:21.800 --> 0:34:25.600
<v Speaker 1>sure Dr Bobs as well as a math guy too.

0:34:25.640 --> 0:34:31.240
<v Speaker 1>Sometimes Uh, he's we established that he was not actually

0:34:31.640 --> 0:34:34.319
<v Speaker 1>a trained physician last time he was on UM, so

0:34:34.360 --> 0:34:35.800
<v Speaker 1>I want to get into that room. Is because what

0:34:35.840 --> 0:34:38.359
<v Speaker 1>I'm curious about after the break is so you're at

0:34:38.480 --> 0:34:41.919
<v Speaker 1>Las Vegas Sports Consultants. You have your first entree into

0:34:41.960 --> 0:34:44.200
<v Speaker 1>the business, this world of Las Vegas. You come all

0:34:44.280 --> 0:34:47.680
<v Speaker 1>the way over from Connecticut and are immersed in this

0:34:47.960 --> 0:34:50.359
<v Speaker 1>and at some point something must have triggered that said

0:34:50.400 --> 0:34:53.719
<v Speaker 1>to you, I might be better off on the other

0:34:53.760 --> 0:34:56.600
<v Speaker 1>side of this, I might be better as a better

0:34:56.840 --> 0:34:59.839
<v Speaker 1>O R E er. We'll get into that how that's

0:35:00.000 --> 0:35:02.640
<v Speaker 1>would have clicked for you if it was a sudden

0:35:02.680 --> 0:35:06.120
<v Speaker 1>thing or something that happened over time. Rufus Peabody profiling

0:35:06.160 --> 0:35:07.799
<v Speaker 1>the better right here on a numbers game at Visa

0:35:09.080 --> 0:35:14.880
<v Speaker 1>Welcome back to a numbers game with Jill Alexander. No Masters,

0:35:14.880 --> 0:35:17.480
<v Speaker 1>No problem. The golf issue for Point Spread Weekly is

0:35:17.480 --> 0:35:20.759
<v Speaker 1>ready for download today and among the golf features Matt

0:35:20.840 --> 0:35:24.400
<v Speaker 1>Human's previews, the potential second Tiger versus film Mano a

0:35:24.480 --> 0:35:27.960
<v Speaker 1>Mano matchup West Reynolds, handicapping all ninety six golfers in

0:35:28.000 --> 0:35:31.560
<v Speaker 1>the Masters field in November. Say that again. Masters Field

0:35:31.600 --> 0:35:34.480
<v Speaker 1>in November and available for futures wagers Plus. We get

0:35:34.480 --> 0:35:37.239
<v Speaker 1>your prep for the NFL Draft and wait for it

0:35:37.760 --> 0:35:40.759
<v Speaker 1>table tennis. If you're so inclined to bet it, now's

0:35:40.760 --> 0:35:42.879
<v Speaker 1>the time to become a Visa Plus subscriber. It's free.

0:35:42.920 --> 0:35:44.400
<v Speaker 1>You won't have to decide what you want to do,

0:35:44.719 --> 0:35:47.240
<v Speaker 1>pay or cancel until at least one of the major

0:35:47.280 --> 0:35:50.719
<v Speaker 1>sports returns just go to visa dot com slash subscribe

0:35:50.760 --> 0:35:55.680
<v Speaker 1>to sign up. That's Visa dot com slash subscribe. Rufus.

0:35:55.680 --> 0:35:57.560
<v Speaker 1>We were saying off air, and there was poor form

0:35:57.600 --> 0:35:59.160
<v Speaker 1>of me to ask you to stay an extra segment

0:35:59.160 --> 0:36:02.480
<v Speaker 1>while we were on air. Um, but pesky commercials get

0:36:02.480 --> 0:36:04.200
<v Speaker 1>in the way. I wish it were podcast for and

0:36:04.200 --> 0:36:06.880
<v Speaker 1>we could just fly through it. But we're still in

0:36:06.960 --> 0:36:10.719
<v Speaker 1>college or which still we just got past. Um. But

0:36:10.880 --> 0:36:14.040
<v Speaker 1>so so you're at Las Vegas sports consultants, You're around

0:36:14.040 --> 0:36:18.200
<v Speaker 1>smart people. But at some point you have to realize, um,

0:36:18.239 --> 0:36:20.160
<v Speaker 1>all right, maybe maybe my and this is my words.

0:36:20.160 --> 0:36:21.920
<v Speaker 1>It's not it's never gonna be your words. But you're like,

0:36:21.960 --> 0:36:24.479
<v Speaker 1>my brain is bigger than everybody else is here. No, okay,

0:36:24.480 --> 0:36:26.960
<v Speaker 1>I'm just but but but I had a different approach.

0:36:27.000 --> 0:36:29.120
<v Speaker 1>I think you have a different proach. So what yeah,

0:36:29.120 --> 0:36:31.120
<v Speaker 1>when did it trigger where you're like, hey, maybe I

0:36:31.400 --> 0:36:37.279
<v Speaker 1>maybe I should actually be a better So at the time,

0:36:37.320 --> 0:36:39.799
<v Speaker 1>so I was making a salary of twenty five tho

0:36:40.040 --> 0:36:43.560
<v Speaker 1>dollars a year, so I was scraping by and I

0:36:43.600 --> 0:36:45.000
<v Speaker 1>had a little bit of I had a little bit

0:36:45.000 --> 0:36:49.040
<v Speaker 1>of savings. Um, but I was very lucky that I

0:36:49.120 --> 0:36:51.279
<v Speaker 1>was very privileged that I did not have. UM, I

0:36:51.320 --> 0:36:53.239
<v Speaker 1>didn't have any student loans or anything to pay off.

0:36:53.280 --> 0:36:55.120
<v Speaker 1>So that was you know, so I was in a

0:36:55.160 --> 0:36:57.800
<v Speaker 1>fortunate position that you know where if I did, I

0:36:57.840 --> 0:36:59.640
<v Speaker 1>wouldn't probably would not have been able to take a

0:36:59.719 --> 0:37:03.720
<v Speaker 1>job making dollars a year. So UM, I was betting,

0:37:04.680 --> 0:37:07.960
<v Speaker 1>betting props, betting derivatives. I've built out money line charts.

0:37:08.440 --> 0:37:10.560
<v Speaker 1>I remember I would get off of work at LVSC

0:37:10.680 --> 0:37:13.600
<v Speaker 1>and then and this is before smartphones, I'd have a

0:37:13.680 --> 0:37:17.520
<v Speaker 1>list of m I'd write down a list of of

0:37:17.960 --> 0:37:20.160
<v Speaker 1>bets and casinos they need to go to, and that's

0:37:20.200 --> 0:37:22.000
<v Speaker 1>the place, and and go there and be you know,

0:37:22.040 --> 0:37:25.560
<v Speaker 1>betting a hundred bucks fifty bucks, three hundred bucks um pop.

0:37:25.680 --> 0:37:28.759
<v Speaker 1>And and also doing some card county and playing blackjack

0:37:28.800 --> 0:37:31.719
<v Speaker 1>and trying to slow slowly build a bank roll. And

0:37:32.760 --> 0:37:36.520
<v Speaker 1>I you know, I had some success on props. In fact,

0:37:36.640 --> 0:37:39.400
<v Speaker 1>the super Bowl of the it was the two thousand

0:37:39.520 --> 0:37:41.920
<v Speaker 1>nine Super Bowl, so Steelers and Cardinals, which to this

0:37:42.000 --> 0:37:46.640
<v Speaker 1>day I still have not actually watched, where I's pretty good.

0:37:47.320 --> 0:37:51.040
<v Speaker 1>Want to check it out, seriously, Uh, you know, I

0:37:51.080 --> 0:37:52.879
<v Speaker 1>just know what the final stat line was. I didn't

0:37:52.880 --> 0:37:54.920
<v Speaker 1>know that Larry fitz jailed was like shut down for

0:37:54.960 --> 0:37:56.719
<v Speaker 1>three quarters and then went off in the fourth quarter.

0:37:56.800 --> 0:37:59.319
<v Speaker 1>But I just saw that that line. Yeah, that was

0:37:59.400 --> 0:38:00.920
<v Speaker 1>that was an un it that didn't win for me.

0:38:01.040 --> 0:38:05.240
<v Speaker 1>But but I I had Let's see, I had about

0:38:05.280 --> 0:38:08.880
<v Speaker 1>ten thousand dollars to my name. I borrowed ten thousand

0:38:08.880 --> 0:38:13.840
<v Speaker 1>dollars from a friend, and I had someone that worked

0:38:13.840 --> 0:38:17.560
<v Speaker 1>invest forty dollars in me um where I was getting

0:38:17.560 --> 0:38:22.120
<v Speaker 1>a twenty percent free roll, and which is honestly quite

0:38:22.640 --> 0:38:24.600
<v Speaker 1>quite generous on the free roll if you think about

0:38:24.600 --> 0:38:27.160
<v Speaker 1>it's one game, like I was quite diversified. But but

0:38:27.239 --> 0:38:29.600
<v Speaker 1>I ended up hitting Gary Russell to score the first

0:38:29.640 --> 0:38:32.560
<v Speaker 1>touchdown and I think twenty five to one odds or

0:38:32.560 --> 0:38:36.600
<v Speaker 1>something like that, and for uh, you know, and that

0:38:36.680 --> 0:38:38.040
<v Speaker 1>was that was a pretty big hit because I had

0:38:38.040 --> 0:38:40.880
<v Speaker 1>to think a total like fifty fifty some thousand invested

0:38:40.920 --> 0:38:44.120
<v Speaker 1>and I think the return to profit of like seven thousand,

0:38:44.200 --> 0:38:47.080
<v Speaker 1>so um, so it was you know, and not obviously,

0:38:47.239 --> 0:38:49.080
<v Speaker 1>I mean I think I made eight thousand after that,

0:38:49.160 --> 0:38:51.080
<v Speaker 1>since you know, I had to pay people back and

0:38:51.080 --> 0:38:53.880
<v Speaker 1>and all that. But but that was kind of I

0:38:53.920 --> 0:38:56.520
<v Speaker 1>remember thinking at the time, like like where am I

0:38:56.719 --> 0:38:59.040
<v Speaker 1>going with this job. Like my parents were fine with

0:38:59.040 --> 0:39:02.319
<v Speaker 1>me moving out here that they knew this is kind

0:39:02.320 --> 0:39:05.799
<v Speaker 1>of my passion, but they wanted My dad would always say,

0:39:05.800 --> 0:39:08.640
<v Speaker 1>he's just concerned that I was. I wasn't um that

0:39:08.760 --> 0:39:11.240
<v Speaker 1>it wasn't like a dead end, right that they're basically

0:39:11.239 --> 0:39:14.400
<v Speaker 1>what's my plan? And so I didn't really know what

0:39:14.440 --> 0:39:17.880
<v Speaker 1>my plan was. But I felt like if I had

0:39:17.920 --> 0:39:22.520
<v Speaker 1>bombed and that super Bowl, it might have been worth saying, well,

0:39:22.640 --> 0:39:25.640
<v Speaker 1>what am I actually doing here? And so I think

0:39:25.719 --> 0:39:27.920
<v Speaker 1>that's super Bowl? Though without that super Bowl, it wasn't

0:39:27.960 --> 0:39:30.160
<v Speaker 1>just the fact that that I did well, it was

0:39:30.719 --> 0:39:33.520
<v Speaker 1>it was actually a chance meeting I had that kind

0:39:33.560 --> 0:39:36.520
<v Speaker 1>of set the stage for me to bed for a living.

0:39:36.560 --> 0:39:40.800
<v Speaker 1>Where I was in line at the Golden Nugget betting

0:39:41.360 --> 0:39:44.759
<v Speaker 1>or to bet props. Actually they just released their sheet.

0:39:44.760 --> 0:39:47.080
<v Speaker 1>I happened to just randomly be there. It was the friday.

0:39:47.280 --> 0:39:51.120
<v Speaker 1>It was that first Friday after conference championships. Um, I'm

0:39:51.239 --> 0:39:54.080
<v Speaker 1>and this one guy was already there, Like the sheet

0:39:54.120 --> 0:39:56.800
<v Speaker 1>comes out, I grab it. He he's already in line.

0:39:57.000 --> 0:40:00.759
<v Speaker 1>Um he uh? And he was. I think he spent

0:40:00.800 --> 0:40:04.480
<v Speaker 1>forty minutes betting props and ordered. Uh. I think he

0:40:04.600 --> 0:40:07.280
<v Speaker 1>ordered like a jack and coke from a Cotta waitress

0:40:07.280 --> 0:40:10.319
<v Speaker 1>while he was up there betting his props. Um, and

0:40:10.400 --> 0:40:13.120
<v Speaker 1>the Cotto waitress came back with the drink and he

0:40:13.160 --> 0:40:17.080
<v Speaker 1>was still betting the props. So um, this was he was.

0:40:17.280 --> 0:40:21.400
<v Speaker 1>And so I when I ran into him at the Palms,

0:40:21.400 --> 0:40:23.800
<v Speaker 1>I saw him asking about NBA props at the Palms

0:40:24.400 --> 0:40:27.440
<v Speaker 1>that in March. I kind of followed him out of

0:40:27.480 --> 0:40:31.600
<v Speaker 1>the book, and as he tells the story, he thought

0:40:31.640 --> 0:40:33.080
<v Speaker 1>I was going to try to mug him in the

0:40:33.120 --> 0:40:35.399
<v Speaker 1>parking lot, and so he had his hand on his mace,

0:40:36.120 --> 0:40:42.680
<v Speaker 1>and because you're still exactly right, I was like, really, um,

0:40:42.800 --> 0:40:45.919
<v Speaker 1>but but I he he was the professional sports veteran,

0:40:46.080 --> 0:40:48.120
<v Speaker 1>and he kind of introduced me to that world. And

0:40:48.560 --> 0:40:50.680
<v Speaker 1>I threw him, you know, and I met him and

0:40:50.719 --> 0:40:52.719
<v Speaker 1>his partners and sort of things kind of went from there.

0:40:53.600 --> 0:40:55.440
<v Speaker 1>If you were name was Gary Russell, well what do

0:40:55.480 --> 0:40:57.360
<v Speaker 1>you what do you say to him? Do you hug him?

0:40:57.400 --> 0:40:59.120
<v Speaker 1>You know? Yeah, Gary Russell in a way is kind

0:40:59.120 --> 0:41:00.560
<v Speaker 1>of an m VV in my life. If I guess

0:41:01.239 --> 0:41:04.960
<v Speaker 1>you would have thought, so, okay. So that's a great

0:41:05.040 --> 0:41:08.440
<v Speaker 1>story and and certainly I understand how it it triggers

0:41:08.440 --> 0:41:12.680
<v Speaker 1>it for you. Were you successful across the board? Did

0:41:12.719 --> 0:41:15.879
<v Speaker 1>you realize very quickly that you were better at other

0:41:15.960 --> 0:41:19.640
<v Speaker 1>supports than others? How did that go from there? So

0:41:19.640 --> 0:41:22.960
<v Speaker 1>so my I guess I had my baseball model I

0:41:23.000 --> 0:41:27.160
<v Speaker 1>had built when I did my senior thesis. So the

0:41:27.200 --> 0:41:29.719
<v Speaker 1>senior thesis actually was looking at inefficiencies in the market,

0:41:29.840 --> 0:41:33.040
<v Speaker 1>psychological inefficiency. So it's basically, rather than predicting a game,

0:41:33.040 --> 0:41:35.440
<v Speaker 1>it was predicting what was going to be miss priced

0:41:35.480 --> 0:41:39.680
<v Speaker 1>based on sort of the safer metric stuff at the time.

0:41:39.800 --> 0:41:42.880
<v Speaker 1>So the fact that a picture that had allowed a

0:41:43.000 --> 0:41:46.160
<v Speaker 1>high batting average and balls in play had been unlucky

0:41:46.200 --> 0:41:48.840
<v Speaker 1>and was probably going to be undervalued by the market,

0:41:49.200 --> 0:41:50.920
<v Speaker 1>and a picture with a high strike out you know,

0:41:51.360 --> 0:41:52.839
<v Speaker 1>and I got a picture with the low strike out

0:41:52.880 --> 0:41:55.640
<v Speaker 1>rate in the high walk rate but had been good

0:41:55.640 --> 0:41:57.560
<v Speaker 1>on batting average of balls in play, like the Matt

0:41:57.640 --> 0:42:01.239
<v Speaker 1>Cain's of the world, would probably be overvalued. So there'd

0:42:01.239 --> 0:42:06.879
<v Speaker 1>be value was Matt Caine for years and so yeah,

0:42:06.920 --> 0:42:09.800
<v Speaker 1>he managed to sustain it for quite a while before

0:42:09.800 --> 0:42:12.280
<v Speaker 1>he dropped off a cliff, right, So did the Jared

0:42:12.280 --> 0:42:16.920
<v Speaker 1>Weaver type too. But uh, so, I I guess at

0:42:16.920 --> 0:42:18.720
<v Speaker 1>the end of that though, I actually built a model

0:42:19.000 --> 0:42:21.319
<v Speaker 1>as well, which I had been working and refining, and

0:42:21.360 --> 0:42:24.440
<v Speaker 1>so I, um, so I guess I got my start. Um.

0:42:24.520 --> 0:42:27.520
<v Speaker 1>I got a twenty free roll from UM from this

0:42:27.520 --> 0:42:31.560
<v Speaker 1>this betting group and to bet baseball. And a month

0:42:31.600 --> 0:42:36.160
<v Speaker 1>into it, we had they had made or I should

0:42:36.200 --> 0:42:41.080
<v Speaker 1>say I had made about I think dollars was my cut,

0:42:41.200 --> 0:42:44.040
<v Speaker 1>and they were like, why are you still you know,

0:42:44.080 --> 0:42:46.719
<v Speaker 1>why are you still working at LVSC? Why not? Uh?

0:42:47.000 --> 0:42:48.920
<v Speaker 1>Why not? You know you're cutting your own throat at

0:42:48.960 --> 0:42:52.480
<v Speaker 1>that point. So they basically gave me a full time offer.

0:42:52.680 --> 0:42:56.520
<v Speaker 1>I would continue get um free roll and on the

0:42:56.560 --> 0:42:59.319
<v Speaker 1>other sports they're doing as well. And so I went

0:42:59.360 --> 0:43:01.680
<v Speaker 1>from there until I, you know, had enough to buy

0:43:01.680 --> 0:43:05.960
<v Speaker 1>into the bank roll and then ye and then the

0:43:06.000 --> 0:43:08.160
<v Speaker 1>rest of the rest of his Wray still did good relationship.

0:43:08.520 --> 0:43:09.960
<v Speaker 1>You still have a good relationship with the guys you

0:43:10.040 --> 0:43:17.040
<v Speaker 1>used to work with. Yeah, fantastic guys. Fantastic So your

0:43:17.200 --> 0:43:19.239
<v Speaker 1>first so correct me if I'm wrong, and you'll tell me.

0:43:19.400 --> 0:43:23.680
<v Speaker 1>Here here's what I know about you that your staple sports,

0:43:23.760 --> 0:43:25.520
<v Speaker 1>and maybe there are more that I don't know about,

0:43:25.840 --> 0:43:27.759
<v Speaker 1>but I know you to be a baseball guy. I

0:43:27.800 --> 0:43:30.680
<v Speaker 1>know you to be a golf guy. You love betting golf.

0:43:31.400 --> 0:43:33.640
<v Speaker 1>But the thing that you and you touched on it

0:43:33.920 --> 0:43:36.200
<v Speaker 1>by your story about standing in line there at the

0:43:36.200 --> 0:43:39.760
<v Speaker 1>Gold Nugget. The thing that you gained notoriety for first

0:43:40.320 --> 0:43:44.080
<v Speaker 1>was betting super Bowl props and was at the Washington

0:43:44.120 --> 0:43:46.160
<v Speaker 1>Post that did a piece on you. What year was that?

0:43:47.200 --> 0:43:50.359
<v Speaker 1>I guess that was to the two thousand eleven Super Bowl.

0:43:51.920 --> 0:43:55.960
<v Speaker 1>Very google bow Yes for super Bowl props? How did you?

0:43:57.360 --> 0:43:59.440
<v Speaker 1>How did you know? You know? How that whole thing

0:43:59.440 --> 0:44:02.799
<v Speaker 1>originated by the way that the Washington Post store was

0:44:02.800 --> 0:44:05.200
<v Speaker 1>was I was trying to pimp out the Massy Peabody

0:44:05.320 --> 0:44:08.160
<v Speaker 1>ratings to Dan Steinberg at the Washington Post, and so

0:44:08.719 --> 0:44:13.160
<v Speaker 1>he ended up with without really having much success, but

0:44:13.680 --> 0:44:15.200
<v Speaker 1>he ended up coming to me and was like, Hey,

0:44:15.239 --> 0:44:16.680
<v Speaker 1>I actually want to do a story and like a

0:44:17.080 --> 0:44:20.120
<v Speaker 1>better betting on all the Super Bowl prop stuff, and

0:44:20.160 --> 0:44:22.359
<v Speaker 1>so that's kind of it kind of happened from that.

0:44:22.480 --> 0:44:25.520
<v Speaker 1>But but the Massy Peaple, the Massy Peabody thing was

0:44:25.520 --> 0:44:27.480
<v Speaker 1>was the reason I got in touch with him. The

0:44:27.520 --> 0:44:29.920
<v Speaker 1>first place to explain to people, because we have two

0:44:29.920 --> 0:44:32.279
<v Speaker 1>minutes here before the Blake the brig explained to people.

0:44:32.320 --> 0:44:34.800
<v Speaker 1>So Kate Massey was your professor, one of your professors

0:44:34.800 --> 0:44:38.840
<v Speaker 1>at Yale. This is my senior thesis advisor. Oh, I see,

0:44:39.000 --> 0:44:40.960
<v Speaker 1>And so the two of you got together at some

0:44:41.080 --> 0:44:44.160
<v Speaker 1>point to do these ratings. So he was he was

0:44:44.200 --> 0:44:46.719
<v Speaker 1>a mentor to me, and he approached me in I

0:44:46.760 --> 0:44:49.040
<v Speaker 1>guess the summer of two thousand ten. He had been

0:44:49.040 --> 0:44:52.040
<v Speaker 1>approached by this guy, Michael Saltheno, who's a reporter um

0:44:52.360 --> 0:44:55.439
<v Speaker 1>for it was a reporter for Meadaland's media group, which

0:44:55.480 --> 0:44:57.160
<v Speaker 1>to stuff for the Wall Street Journal, and he had

0:44:57.200 --> 0:45:00.759
<v Speaker 1>this idea to do quantitative NFL ratings, and so he

0:45:01.040 --> 0:45:02.680
<v Speaker 1>approached Kate about it, and he was like, I know

0:45:02.840 --> 0:45:04.520
<v Speaker 1>the guy that I want to do this with, and

0:45:04.880 --> 0:45:07.520
<v Speaker 1>that was me. And so I think Kate initially said that,

0:45:07.840 --> 0:45:11.160
<v Speaker 1>you know, I would I would do I would do

0:45:11.320 --> 0:45:13.800
<v Speaker 1>nine per cent. You know, I would have to do

0:45:13.920 --> 0:45:16.800
<v Speaker 1>nine of the work. But um it was something like

0:45:16.880 --> 0:45:20.719
<v Speaker 1>fifty percent the ideas of the work. As he comes

0:45:20.880 --> 0:45:25.000
<v Speaker 1>four peabody. Yeah, that's another copulation. Yeah exactly. I mean,

0:45:25.680 --> 0:45:29.560
<v Speaker 1>your kid's a kid's a heavyweight in that world. So

0:45:31.280 --> 0:45:33.080
<v Speaker 1>all right, when we come back, Rufus, I want to

0:45:33.160 --> 0:45:36.759
<v Speaker 1>get into when you first knew then that you could

0:45:36.800 --> 0:45:38.560
<v Speaker 1>make a living at this. How you felt about that

0:45:38.680 --> 0:45:43.120
<v Speaker 1>first notoriety in the Washington Post? What you're betting? If

0:45:43.160 --> 0:45:46.000
<v Speaker 1>we had a full sports calendar, what you would actually

0:45:46.520 --> 0:45:48.480
<v Speaker 1>be betting? Would you be betting every sport year round?

0:45:48.520 --> 0:45:50.680
<v Speaker 1>Or what sports do you focus on? Uh? And then

0:45:50.880 --> 0:45:53.520
<v Speaker 1>what this is probably a whole another tentacle of this,

0:45:54.040 --> 0:45:56.520
<v Speaker 1>what kind of moves your needle today, Like as you

0:45:56.640 --> 0:45:58.880
<v Speaker 1>look to your future, will you be betting sports for

0:45:58.920 --> 0:46:02.040
<v Speaker 1>the rest of your a's or uh? Does a guy

0:46:02.239 --> 0:46:05.239
<v Speaker 1>like you who has a pedigree from Yale and is

0:46:05.280 --> 0:46:10.279
<v Speaker 1>a thinker, um, introspective, analytical? Do you have your site

0:46:10.320 --> 0:46:14.040
<v Speaker 1>set on other things beyond sports betting? You and I

0:46:14.160 --> 0:46:16.239
<v Speaker 1>used to have conversations about this back in the day.

0:46:16.280 --> 0:46:19.440
<v Speaker 1>A lot curious where your heads at rufus Peabody Right

0:46:19.520 --> 0:46:22.400
<v Speaker 1>here on a numbers game at Visa. It's on numbers

0:46:22.560 --> 0:46:27.360
<v Speaker 1>game with your host Gil Alexander wants to believe in

0:46:27.440 --> 0:46:30.880
<v Speaker 1>analy It's it is Gil Alexander our number two of

0:46:30.960 --> 0:46:32.720
<v Speaker 1>a numbers game right here at Visa and the Sports

0:46:32.760 --> 0:46:35.719
<v Speaker 1>Betting Network series Sex and Channel two four, Visa dot Com,

0:46:35.800 --> 0:46:39.600
<v Speaker 1>the Visa app, Foo Boa Sling Game plus Profiling Rufus

0:46:39.800 --> 0:46:43.160
<v Speaker 1>peabody uh this morning. UM. I don't know. If we

0:46:43.239 --> 0:46:45.120
<v Speaker 1>have a Rufus still up on video, we might not

0:46:45.120 --> 0:46:47.560
<v Speaker 1>be able to say it's pretty, but we we can

0:46:47.600 --> 0:46:50.320
<v Speaker 1>certainly still talk to him, and we can flash pictures

0:46:50.400 --> 0:46:53.040
<v Speaker 1>of his uh, his life uh in front of us

0:46:53.080 --> 0:46:55.400
<v Speaker 1>as we talked to Rufus. Um. And let me just

0:46:55.600 --> 0:47:00.400
<v Speaker 1>sort of kick it into what you have learned about yourself.

0:47:00.480 --> 0:47:03.760
<v Speaker 1>I remember you telling me on more than one occasion,

0:47:04.120 --> 0:47:07.080
<v Speaker 1>and I've sat with you on a college football Saturday

0:47:07.160 --> 0:47:10.960
<v Speaker 1>back in the day when you're just betting rampantly, um,

0:47:11.080 --> 0:47:12.759
<v Speaker 1>and you always used to say, you know, if I

0:47:13.040 --> 0:47:16.120
<v Speaker 1>insertain my opinion or my emotions into things, or my

0:47:16.320 --> 0:47:19.960
<v Speaker 1>feelings or my thoughts, it usually doesn't go as well

0:47:20.040 --> 0:47:24.240
<v Speaker 1>for you. So you're you're super, You're super by the numbers,

0:47:24.840 --> 0:47:29.080
<v Speaker 1>and I'm curious, do you consider your approach excuse me,

0:47:30.360 --> 0:47:32.759
<v Speaker 1>very complicated. So it occurs to me that for people

0:47:32.800 --> 0:47:36.360
<v Speaker 1>listening to this and they're like, Okay, this is super inspiring,

0:47:36.440 --> 0:47:38.640
<v Speaker 1>I want to be just like this guy. I'm just

0:47:38.760 --> 0:47:40.680
<v Speaker 1>worried I'm not as smart as this guy and I

0:47:40.760 --> 0:47:43.960
<v Speaker 1>don't have the background that he does. Do you consider

0:47:44.000 --> 0:47:48.680
<v Speaker 1>what you do complicated. Is it generally simple to you, like, like,

0:47:48.800 --> 0:47:52.920
<v Speaker 1>what's the threshold? Yeah, that's a good question. It kind

0:47:52.960 --> 0:47:55.560
<v Speaker 1>of is complicated and simple at the same time. So

0:47:56.880 --> 0:48:00.680
<v Speaker 1>the framework is simple. I'm not someone that is. I'm not.

0:48:01.120 --> 0:48:03.320
<v Speaker 1>It depends on the sport, of course, but like for football,

0:48:03.360 --> 0:48:06.919
<v Speaker 1>I'm not simulating. I know people that are, but I'm

0:48:06.960 --> 0:48:10.360
<v Speaker 1>not simulating a matchup between a left tackle and a

0:48:10.480 --> 0:48:13.920
<v Speaker 1>right defensive end. Um, I'm not. I'm not simulating at

0:48:13.920 --> 0:48:17.239
<v Speaker 1>a play level for football either. Um. What I'm doing

0:48:17.520 --> 0:48:25.680
<v Speaker 1>is contextualizing. I'm I'm contextualizing performance and basically trying to

0:48:25.719 --> 0:48:27.879
<v Speaker 1>figure out what is predictive and what isn't and from

0:48:27.880 --> 0:48:32.960
<v Speaker 1>they're building a model. And so it's um and and

0:48:33.080 --> 0:48:35.000
<v Speaker 1>then and honestly you can get into the weeds on

0:48:35.120 --> 0:48:37.920
<v Speaker 1>any one individual part. But but I guess the thing

0:48:38.040 --> 0:48:40.040
<v Speaker 1>is in the massy pebody. I mean, the kind of

0:48:40.040 --> 0:48:42.120
<v Speaker 1>the kind of basis of that was was we're gonna

0:48:42.200 --> 0:48:44.600
<v Speaker 1>do something simple, but we're gonna do it well. And

0:48:44.719 --> 0:48:47.200
<v Speaker 1>so we focused at the beginning on four only four

0:48:47.280 --> 0:48:51.680
<v Speaker 1>different stats. It was we had rushing passing play success

0:48:51.960 --> 0:48:54.480
<v Speaker 1>in scoring efficiency, and we actually ended up building a

0:48:54.560 --> 0:48:57.360
<v Speaker 1>model that there was it was quite good. It It

0:48:58.120 --> 0:49:01.440
<v Speaker 1>did well for for many many years against the against

0:49:01.440 --> 0:49:04.600
<v Speaker 1>the NFL spreads, and it was just literally based on

0:49:04.680 --> 0:49:08.160
<v Speaker 1>those four stats, but adjusting for opponent quality, figuring out

0:49:08.239 --> 0:49:11.480
<v Speaker 1>how much how predictive it is, um, you know, adjusting

0:49:11.560 --> 0:49:13.480
<v Speaker 1>for the fact that, as you said, like third and

0:49:13.560 --> 0:49:17.160
<v Speaker 1>two is very different than third and twelve and so UM.

0:49:18.040 --> 0:49:21.760
<v Speaker 1>And so it really comes from UM at each stage

0:49:22.280 --> 0:49:25.279
<v Speaker 1>being saying what is skill? What is luck? How can

0:49:25.320 --> 0:49:27.640
<v Speaker 1>I quantify this? And so the model at the end

0:49:28.000 --> 0:49:30.560
<v Speaker 1>is a sum of all these different things where weighted

0:49:30.600 --> 0:49:33.640
<v Speaker 1>bit by how predictive they are. And so UM, I

0:49:33.680 --> 0:49:35.520
<v Speaker 1>don't know if you want to call that simple or complicated,

0:49:35.520 --> 0:49:37.440
<v Speaker 1>because you can you can dive, you can, I mean,

0:49:37.880 --> 0:49:43.560
<v Speaker 1>you can get really really deep in like in anything.

0:49:43.640 --> 0:49:45.440
<v Speaker 1>I mean you can say, well, you know this ninety

0:49:45.719 --> 0:49:48.080
<v Speaker 1>touchdown pass to Wes Welker on the screen, like was

0:49:48.080 --> 0:49:50.520
<v Speaker 1>because this defender fell down? Should we really credit this

0:49:50.600 --> 0:49:54.360
<v Speaker 1>guy with ninety yards? Like predictively speaking things like that,

0:49:54.480 --> 0:49:57.960
<v Speaker 1>what what is skill? What is luck? What is quantifiable?

0:49:58.000 --> 0:50:01.759
<v Speaker 1>And I would add UM otherwise stated what is sustainable?

0:50:01.840 --> 0:50:04.560
<v Speaker 1>What is not sustainable? We're talking to Rufus Peabody's Kiel

0:50:04.600 --> 0:50:06.640
<v Speaker 1>Alexander right here on the numbers game at Visa in

0:50:06.680 --> 0:50:09.839
<v Speaker 1>the Sports Betting Network. Was I right when I said

0:50:10.840 --> 0:50:15.320
<v Speaker 1>baseball golf props are still your bread and butter? Or

0:50:15.320 --> 0:50:18.640
<v Speaker 1>am I missing something? No, You're right, I've kind of

0:50:18.719 --> 0:50:21.320
<v Speaker 1>dabbled in some other stuff, but I've I've sort of

0:50:21.360 --> 0:50:23.680
<v Speaker 1>gotten a little more into the DFS world recently as well,

0:50:24.440 --> 0:50:27.279
<v Speaker 1>and over the last year. Yeah, I wish I had

0:50:27.480 --> 0:50:30.359
<v Speaker 1>had looked into it earlier. Actually, I think there are

0:50:30.440 --> 0:50:33.400
<v Speaker 1>some real opportunities there especially, I mean there still are,

0:50:33.520 --> 0:50:36.040
<v Speaker 1>but I think there were even more opportunities, you know,

0:50:36.120 --> 0:50:38.080
<v Speaker 1>five years ago or south that that I missed out on.

0:50:38.440 --> 0:50:42.319
<v Speaker 1>But I was actually planning and taking this season off

0:50:42.360 --> 0:50:45.040
<v Speaker 1>of baseball because I am focused on some some other things.

0:50:45.080 --> 0:50:48.759
<v Speaker 1>I'm trying to I'm trying to devote more time to

0:50:48.880 --> 0:50:53.000
<v Speaker 1>things that are gonna pay off long term. And honestly,

0:50:53.040 --> 0:50:55.640
<v Speaker 1>at this point, I'm not sure baseball is one of

0:50:55.680 --> 0:50:59.880
<v Speaker 1>those things anymore, at least baseball betting. There's there's just there.

0:51:00.000 --> 0:51:02.200
<v Speaker 1>There is so much data out there, and there's a

0:51:02.280 --> 0:51:04.719
<v Speaker 1>lot of really smart people attacking it, and and so

0:51:05.320 --> 0:51:08.080
<v Speaker 1>I just don't I don't see myself building a business

0:51:08.120 --> 0:51:10.200
<v Speaker 1>around it. Or anything. And so I'm trying to fit,

0:51:10.560 --> 0:51:14.680
<v Speaker 1>like you mentioned, talking potentially about other things, and I'm

0:51:14.680 --> 0:51:16.759
<v Speaker 1>trying to figure out where where kind of I'm going

0:51:16.760 --> 0:51:19.120
<v Speaker 1>in this industry. I think when you do anything for

0:51:19.239 --> 0:51:21.759
<v Speaker 1>long enough, it gets a little bit um, I don't

0:51:21.760 --> 0:51:24.600
<v Speaker 1>want to say stale, but but it it becomes a

0:51:24.680 --> 0:51:28.640
<v Speaker 1>little bit tedious and repetitive. And so I'm I'm trying

0:51:28.719 --> 0:51:32.239
<v Speaker 1>to and I got in well, I would say I

0:51:32.280 --> 0:51:33.960
<v Speaker 1>got in at the right time, but I feel like

0:51:34.000 --> 0:51:35.680
<v Speaker 1>if I had gotten in ten years earlier would have

0:51:35.719 --> 0:51:37.600
<v Speaker 1>definitely been the right time. It feels like, you know,

0:51:37.640 --> 0:51:40.359
<v Speaker 1>it gets harder and harder to win, you know, every year,

0:51:40.520 --> 0:51:43.680
<v Speaker 1>and so I'm just trying to I don't know if

0:51:43.719 --> 0:51:45.839
<v Speaker 1>I'll still be able to. I don't know if I'll

0:51:45.880 --> 0:51:48.200
<v Speaker 1>still be a winning veteran in ten years. And so

0:51:48.400 --> 0:51:50.640
<v Speaker 1>I'm trying to figure out what I you know, I'm

0:51:50.960 --> 0:51:53.120
<v Speaker 1>relatively young. I'm thirty four. I want to figure out

0:51:53.160 --> 0:51:54.319
<v Speaker 1>what i want to do with the rest of my life.

0:51:54.560 --> 0:51:56.840
<v Speaker 1>So I got your whole life in front of you,

0:51:56.920 --> 0:51:59.120
<v Speaker 1>as as our parents would say, and it is really

0:51:59.200 --> 0:52:01.640
<v Speaker 1>true at thirty war um, and I think, you know,

0:52:01.719 --> 0:52:04.840
<v Speaker 1>look just right, there is also something that should be

0:52:05.239 --> 0:52:10.200
<v Speaker 1>just emphasized the fact that you have the ability to

0:52:10.360 --> 0:52:13.480
<v Speaker 1>sort of self assess and assess the market in front

0:52:13.480 --> 0:52:18.360
<v Speaker 1>of you and say, um, these things don't last forever.

0:52:19.000 --> 0:52:20.560
<v Speaker 1>And I think you're right. You know when you say

0:52:20.800 --> 0:52:23.480
<v Speaker 1>it was ten years before. Listen, I hear stories when

0:52:23.520 --> 0:52:25.799
<v Speaker 1>when we talked to Roxy and Chrissy and all these

0:52:26.200 --> 0:52:29.120
<v Speaker 1>these guys who have been in the industry from its inception.

0:52:29.520 --> 0:52:32.200
<v Speaker 1>I mean, imagine what it was like then. Alan Boston

0:52:32.239 --> 0:52:35.319
<v Speaker 1>can tell you stories. So I think that that awareness

0:52:35.480 --> 0:52:38.160
<v Speaker 1>is also what makes you successful, the fact that you

0:52:38.320 --> 0:52:43.040
<v Speaker 1>know that, um, there are other factors. It's not just you, right,

0:52:43.080 --> 0:52:45.520
<v Speaker 1>it's it's the general market, and that is always changing.

0:52:45.840 --> 0:52:48.480
<v Speaker 1>I've said often on the show Baseball. Just five years ago,

0:52:48.480 --> 0:52:51.000
<v Speaker 1>I would have said it's my favorite sport period to bet,

0:52:51.320 --> 0:52:53.919
<v Speaker 1>And now I'm like the way this game has changed.

0:52:54.000 --> 0:52:57.040
<v Speaker 1>With pitching, it's just so different. For goodness sake, some

0:52:57.160 --> 0:53:01.200
<v Speaker 1>teams start games with closers. Now I call them they're opener.

0:53:01.360 --> 0:53:03.720
<v Speaker 1>So it's it's totally different to quantify when when folks

0:53:03.800 --> 0:53:06.160
<v Speaker 1>come in to the bullpen. Now it's much earlier than

0:53:06.160 --> 0:53:07.239
<v Speaker 1>it used to be. It's a whole bunch of things,

0:53:07.400 --> 0:53:10.680
<v Speaker 1>so you recognize that things are evolving. So then you know,

0:53:10.800 --> 0:53:13.960
<v Speaker 1>you and I used to have discussions about bigger picture

0:53:14.000 --> 0:53:16.680
<v Speaker 1>stuff beyond the industry that you you didn't know. Did

0:53:16.760 --> 0:53:18.720
<v Speaker 1>you want to spend the rest of your life betting sports?

0:53:19.320 --> 0:53:22.839
<v Speaker 1>You struggled, If I'm correct, and I believe I'm characterizing

0:53:22.920 --> 0:53:26.320
<v Speaker 1>this correctly, you struggled with the you know, was it

0:53:26.520 --> 0:53:29.120
<v Speaker 1>meaningful enough to do it for the rest of your

0:53:29.200 --> 0:53:31.920
<v Speaker 1>days on Earth? Talk about that if you could for

0:53:31.920 --> 0:53:34.320
<v Speaker 1>a second. But you also just mentioned within the industry,

0:53:34.520 --> 0:53:37.520
<v Speaker 1>so maybe you're not completely thinking of one day leaving

0:53:37.560 --> 0:53:40.680
<v Speaker 1>the industry. What is it that that that is passionate

0:53:40.800 --> 0:53:43.120
<v Speaker 1>for you now within the industry, and then what do

0:53:43.200 --> 0:53:46.400
<v Speaker 1>you think about outside of it? What what am I

0:53:46.480 --> 0:53:48.680
<v Speaker 1>pass Okay? I think the thing I'm most passionate about

0:53:48.719 --> 0:53:51.440
<v Speaker 1>in the industry right now is the nonprofit idea, the

0:53:51.680 --> 0:53:55.200
<v Speaker 1>the American Betts Coalition that UM that I've been working

0:53:55.280 --> 0:53:58.760
<v Speaker 1>on with with Captain Jack, among other people, UM, Captain

0:53:58.840 --> 0:54:02.200
<v Speaker 1>Jack Cars and Twitter. He's really really smart guy, and

0:54:02.280 --> 0:54:05.360
<v Speaker 1>he is more plugged into the legal sports betting landscape

0:54:05.360 --> 0:54:07.359
<v Speaker 1>than anybody I know. It's it's crazy how he knows

0:54:07.440 --> 0:54:08.920
<v Speaker 1>what he does. I don't. I don't know how he

0:54:09.000 --> 0:54:11.960
<v Speaker 1>knows all these things, like, but he knows everything. I

0:54:12.000 --> 0:54:13.480
<v Speaker 1>asked him. I asked him, I said, when you come

0:54:13.480 --> 0:54:14.600
<v Speaker 1>on the show, what is it that you want to

0:54:14.640 --> 0:54:16.680
<v Speaker 1>talk about? And I didn't expect him to answer that,

0:54:16.719 --> 0:54:19.120
<v Speaker 1>and and I've followed he said, he goes, oh, yeah,

0:54:19.160 --> 0:54:22.600
<v Speaker 1>all the legal all the different you know, ramifications in

0:54:22.640 --> 0:54:24.560
<v Speaker 1>every jurisdiction, that kind of thing, which I didn't expect

0:54:24.560 --> 0:54:26.320
<v Speaker 1>that to be the answer. And I followed him on

0:54:26.400 --> 0:54:28.439
<v Speaker 1>that since then, And he is your right bar none

0:54:28.719 --> 0:54:31.279
<v Speaker 1>the the top authority. I would say all that he

0:54:31.360 --> 0:54:34.000
<v Speaker 1>might for sure, and he's he's actually i'll plug you know.

0:54:34.120 --> 0:54:37.400
<v Speaker 1>He's he's starting a YouTube channel and he I think, um,

0:54:37.719 --> 0:54:41.759
<v Speaker 1>he's doing these Friday webcast lebinar things where he's trying

0:54:41.800 --> 0:54:45.400
<v Speaker 1>to make people people better, better to help their process.

0:54:45.640 --> 0:54:49.480
<v Speaker 1>So he's he's he's a great follow on Twitter. But

0:54:50.400 --> 0:54:54.480
<v Speaker 1>I'm passionate about that. I think it's something that because

0:54:54.480 --> 0:54:58.160
<v Speaker 1>I've always kind of been outspoken about, UM, I guess

0:54:58.239 --> 0:55:01.640
<v Speaker 1>fairness in the industry, and and that's largely been directed

0:55:01.680 --> 0:55:04.200
<v Speaker 1>at touts and and my stance on the town industry

0:55:04.320 --> 0:55:07.600
<v Speaker 1>is I think pretty well nown UM I don't need

0:55:07.640 --> 0:55:08.880
<v Speaker 1>to go into detail on it, but I mean, I

0:55:08.960 --> 0:55:14.719
<v Speaker 1>think because I'm curious about that with you, so you

0:55:14.880 --> 0:55:16.880
<v Speaker 1>have always been passionate about it. You and I have

0:55:17.120 --> 0:55:21.799
<v Speaker 1>certainly talked about it before, uh, in some more contentious

0:55:21.840 --> 0:55:26.640
<v Speaker 1>situations than others. For those who don't know, Um, but

0:55:27.520 --> 0:55:30.279
<v Speaker 1>do you ever think to yourself because because the only

0:55:30.360 --> 0:55:32.239
<v Speaker 1>pushback I ever gave you one because I think the

0:55:32.280 --> 0:55:35.359
<v Speaker 1>cause is a good one, right, I think we all agree, well,

0:55:35.480 --> 0:55:38.000
<v Speaker 1>this is an industry that, for you know, in history

0:55:38.040 --> 0:55:41.640
<v Speaker 1>has just been a horrible one generally speaking. I guess

0:55:41.800 --> 0:55:45.680
<v Speaker 1>my only pushback with it was, boy, you're really trying

0:55:45.760 --> 0:55:48.000
<v Speaker 1>to save the world? Is that really something you want

0:55:48.040 --> 0:55:51.360
<v Speaker 1>to get into? And then the other thing that I

0:55:51.680 --> 0:55:57.800
<v Speaker 1>that I was super questioning of was be careful not

0:55:57.920 --> 0:56:00.920
<v Speaker 1>to throw every human being into this same barrel. Right,

0:56:01.000 --> 0:56:03.000
<v Speaker 1>those were the only two things I would push back on.

0:56:03.360 --> 0:56:05.280
<v Speaker 1>So I don't know, maybe maybe you are as passionate,

0:56:05.360 --> 0:56:08.040
<v Speaker 1>Maybe you listen to that and didn't care or thought

0:56:08.080 --> 0:56:10.040
<v Speaker 1>I was full of it. I don't know what is

0:56:10.080 --> 0:56:12.839
<v Speaker 1>your approach to it now? No, I mean I think

0:56:13.560 --> 0:56:15.400
<v Speaker 1>it's hard to have a one size fits all approach

0:56:15.440 --> 0:56:17.720
<v Speaker 1>to anything, right, I mean there's always room for nuance,

0:56:17.760 --> 0:56:19.480
<v Speaker 1>And I think that's a good point, But I mean,

0:56:19.560 --> 0:56:22.000
<v Speaker 1>I just think in general, it's just not a sustainable

0:56:22.040 --> 0:56:24.880
<v Speaker 1>business model because if you're if you're, if you are

0:56:24.960 --> 0:56:28.640
<v Speaker 1>a successful handicapper, you're giving out quality information, you're going

0:56:28.680 --> 0:56:31.120
<v Speaker 1>to be moving lines in the vast majority of your

0:56:31.160 --> 0:56:33.160
<v Speaker 1>subscribers are not gonna be able to get down at

0:56:33.239 --> 0:56:35.360
<v Speaker 1>the price you listed you And I don't know that

0:56:35.480 --> 0:56:37.680
<v Speaker 1>the way markets, you know, markets are efficient enough that

0:56:38.200 --> 0:56:39.880
<v Speaker 1>that if you're if you're taking the worst price, it's

0:56:39.920 --> 0:56:41.960
<v Speaker 1>gonna be really hard to win laun term. And so

0:56:42.320 --> 0:56:45.719
<v Speaker 1>I mean, obviously we all know the Vegas days of

0:56:45.800 --> 0:56:50.120
<v Speaker 1>the world. Are you know that's that's you know, those

0:56:50.160 --> 0:56:54.120
<v Speaker 1>are salesmen the obvious and yeah, right, you know, scammers

0:56:54.160 --> 0:56:57.600
<v Speaker 1>and like he's a marketing genius and that's what you know,

0:56:57.680 --> 0:57:00.440
<v Speaker 1>he's not a winning sports better um. But I just

0:57:00.520 --> 0:57:02.320
<v Speaker 1>think even if you are, even if you do have

0:57:02.360 --> 0:57:05.480
<v Speaker 1>good information, I think it's it's sort of the more

0:57:05.560 --> 0:57:09.040
<v Speaker 1>successful you are, or the better better you are, the

0:57:09.160 --> 0:57:14.040
<v Speaker 1>harder becomes to sort of maintain or to build a

0:57:15.560 --> 0:57:18.320
<v Speaker 1>to sort of build yourself as a talent um, at

0:57:18.400 --> 0:57:20.240
<v Speaker 1>least to do it in a sustainable way and so.

0:57:20.960 --> 0:57:23.200
<v Speaker 1>But but I think right now, I mean, the American

0:57:23.240 --> 0:57:25.440
<v Speaker 1>Betters Coalition isn't about talents as much. I mean, it's

0:57:25.440 --> 0:57:28.240
<v Speaker 1>about consumer protection for better as largely. And I guess

0:57:29.240 --> 0:57:31.480
<v Speaker 1>protecting better is from tals is one asment of that.

0:57:31.560 --> 0:57:33.400
<v Speaker 1>But the bigger part is just the opportunity we have

0:57:33.600 --> 0:57:38.560
<v Speaker 1>now given legalization is happening in the majority, or is

0:57:38.640 --> 0:57:40.920
<v Speaker 1>happening or is in the process of happening in the

0:57:41.000 --> 0:57:45.240
<v Speaker 1>majority of the states right now, and so UM, I

0:57:45.360 --> 0:57:48.160
<v Speaker 1>think it's it's an opportunity UM to get it right,

0:57:48.200 --> 0:57:51.400
<v Speaker 1>and I think unfortunately we're we're not really doing it.

0:57:51.520 --> 0:57:54.840
<v Speaker 1>The people that are writing these laws are essentially UM

0:57:55.480 --> 0:57:59.320
<v Speaker 1>being educated on sports betting by lobbyists. And these are

0:57:59.360 --> 0:58:03.640
<v Speaker 1>not lobbyists for betters. These are lobbyists for UM, for operators,

0:58:03.720 --> 0:58:08.080
<v Speaker 1>for leagues, for data providers, for you know B two

0:58:08.120 --> 0:58:10.800
<v Speaker 1>B like the Canbies and the sp text of the

0:58:10.840 --> 0:58:13.760
<v Speaker 1>world right and so so betters don't really have a voice,

0:58:13.800 --> 0:58:17.520
<v Speaker 1>and you end up with with legislation that ends up,

0:58:17.760 --> 0:58:19.600
<v Speaker 1>you know, hurting betters. I mean, you look at a

0:58:19.640 --> 0:58:22.000
<v Speaker 1>state like New Hampshire and the Draft Kings has a

0:58:22.080 --> 0:58:24.320
<v Speaker 1>monopoly there. Betters don't have any other options. And so

0:58:24.720 --> 0:58:26.840
<v Speaker 1>the whole point is if you want the US sports

0:58:26.880 --> 0:58:29.120
<v Speaker 1>betting market to be competitive, you need to have it.

0:58:29.520 --> 0:58:36.640
<v Speaker 1>You need to um it needs to kind of make

0:58:36.720 --> 0:58:40.480
<v Speaker 1>inroads into the offshore world. I think, because I think

0:58:40.480 --> 0:58:43.800
<v Speaker 1>a lot of people don't you know, I know there's

0:58:43.840 --> 0:58:46.720
<v Speaker 1>the people that that that hate on the off shore world,

0:58:46.960 --> 0:58:50.840
<v Speaker 1>um and and say that that they aren't subject to

0:58:50.880 --> 0:58:53.000
<v Speaker 1>the same task as in regulations, so they'll always have

0:58:53.040 --> 0:58:55.400
<v Speaker 1>a competitive advantage and they can offer credit. But at

0:58:55.400 --> 0:58:58.400
<v Speaker 1>the same time, you know, people have to it's you know,

0:58:58.520 --> 0:59:03.520
<v Speaker 1>your your trusting. You have to trust some site in

0:59:03.760 --> 0:59:06.640
<v Speaker 1>Aruba or Costa Rica wherever it is right and so UM.

0:59:07.120 --> 0:59:08.800
<v Speaker 1>But I think if you want to if you want

0:59:08.880 --> 0:59:12.120
<v Speaker 1>to compete against the off shore, you need a good product.

0:59:12.240 --> 0:59:16.160
<v Speaker 1>And I think when you see sort of these monopolies, UM,

0:59:17.000 --> 0:59:18.760
<v Speaker 1>I think these books are not really doing that. They're

0:59:18.760 --> 0:59:20.560
<v Speaker 1>just trying to compete against the other folks the United

0:59:20.560 --> 0:59:23.160
<v Speaker 1>States or in their state. And so I just don't

0:59:23.160 --> 0:59:25.400
<v Speaker 1>think there's gonna be the same innovation in the state

0:59:25.440 --> 0:59:27.600
<v Speaker 1>like New Hampshire where you only have one operator, whereas

0:59:27.640 --> 0:59:29.240
<v Speaker 1>in New Jersey where you have a you know, a

0:59:29.360 --> 0:59:31.640
<v Speaker 1>ton of different operators. I think it's better for the consumer.

0:59:32.320 --> 0:59:34.360
<v Speaker 1>And so anyway, sorry, I didn't I didn't mean to

0:59:34.440 --> 0:59:36.120
<v Speaker 1>ramble on that. But no, no, no, no, as you

0:59:36.200 --> 0:59:39.080
<v Speaker 1>as you talk about that, I mean that really gets me, Jazz.

0:59:39.160 --> 0:59:40.800
<v Speaker 1>I mean, look, you were you and I are from

0:59:41.400 --> 0:59:43.120
<v Speaker 1>like d C leaps to mind as one of the

0:59:43.200 --> 0:59:47.640
<v Speaker 1>more embarrassing jurisdictions, right in terms of what what they're doing. UH.

0:59:47.720 --> 0:59:49.400
<v Speaker 1>And you bring up the off shore point, and I

0:59:49.520 --> 0:59:51.480
<v Speaker 1>try to list. Look, I try to do this on

0:59:51.560 --> 0:59:53.040
<v Speaker 1>a numbers game all the time. I don't know what

0:59:53.160 --> 0:59:57.440
<v Speaker 1>others do, but I bet, I bet you know when

0:59:57.480 --> 1:00:01.280
<v Speaker 1>sports is going on over three days a year and

1:00:01.440 --> 1:00:03.440
<v Speaker 1>fifty days a year, I mean, that's what that's what

1:00:03.560 --> 1:00:05.880
<v Speaker 1>I do. This is relatable to those who listen to

1:00:05.960 --> 1:00:10.560
<v Speaker 1>this show. And two, you know, to not act like

1:00:11.680 --> 1:00:15.800
<v Speaker 1>offshore as a thing and in some respects a good thing.

1:00:16.600 --> 1:00:20.120
<v Speaker 1>UH is doing this inauthentically. And you know there was

1:00:20.160 --> 1:00:23.000
<v Speaker 1>a statement made by the president of the American Gaming

1:00:23.040 --> 1:00:25.200
<v Speaker 1>Association over the weekend. I'm not sure if you caught it,

1:00:25.680 --> 1:00:28.840
<v Speaker 1>and I don't want yeah, I don't want to disparage anyone,

1:00:29.440 --> 1:00:36.960
<v Speaker 1>but just the it reeked of not knowing some facts, right,

1:00:37.160 --> 1:00:39.920
<v Speaker 1>like it just it started at a point that just

1:00:40.160 --> 1:00:43.400
<v Speaker 1>seemed disingenuous on a few levels. Not maybe not disingenuous,

1:00:43.720 --> 1:00:47.480
<v Speaker 1>maybe just ignorant, maybe just someone who doesn't bet themselves,

1:00:48.080 --> 1:00:51.840
<v Speaker 1>who was saying some things that were just false. Right, Um,

1:00:53.000 --> 1:00:57.000
<v Speaker 1>odds are better offshore, Uh in the reputable places. You know.

1:00:57.080 --> 1:00:58.520
<v Speaker 1>That was one of the statements that leaps to mine

1:00:58.520 --> 1:01:00.520
<v Speaker 1>where I'm just like, this is just depth to me.

1:01:00.560 --> 1:01:02.560
<v Speaker 1>I don't know if you have the same reaction of that. Well,

1:01:02.680 --> 1:01:04.960
<v Speaker 1>I think you have to judge people what they say

1:01:05.040 --> 1:01:08.600
<v Speaker 1>based on their based on their motivations and their incentives,

1:01:08.840 --> 1:01:12.480
<v Speaker 1>you know, and if if it's on Twitter, someone who uh,

1:01:13.240 --> 1:01:15.720
<v Speaker 1>you know, if who works for a site that get

1:01:15.920 --> 1:01:18.600
<v Speaker 1>has affiliate deals with legal sports books, is is trashing

1:01:18.640 --> 1:01:21.960
<v Speaker 1>the offshore world that that probably you know, there's probably

1:01:21.960 --> 1:01:23.920
<v Speaker 1>a reason he's doing that him or right. I mean,

1:01:24.000 --> 1:01:27.360
<v Speaker 1>so I think it's you have to look at people's motivations.

1:01:27.400 --> 1:01:29.760
<v Speaker 1>I truly believe that. I Mean there are people that um,

1:01:30.440 --> 1:01:33.920
<v Speaker 1>back during the before the financial market financial sorry, the

1:01:34.080 --> 1:01:37.440
<v Speaker 1>housing crisis, back you know, the two thousand eight financial crisis, Um,

1:01:38.280 --> 1:01:44.000
<v Speaker 1>we're justifying what they were doing and saying, um, I'm

1:01:44.040 --> 1:01:46.960
<v Speaker 1>trying to actually, I'm I'm trying to remember that example.

1:01:47.040 --> 1:01:51.000
<v Speaker 1>But basically, no, people, I mean people that were selling

1:01:51.120 --> 1:01:54.000
<v Speaker 1>these mortgage backed securities and everything saying they were, you know,

1:01:54.400 --> 1:01:57.320
<v Speaker 1>the next great thing. And and there's people that people

1:01:57.360 --> 1:01:59.760
<v Speaker 1>can justify a lot of things, right and so, um,

1:02:00.840 --> 1:02:02.160
<v Speaker 1>I guess you. I mean, you have to take the

1:02:02.240 --> 1:02:05.080
<v Speaker 1>motivations into consideration, the fact that what's paying their paychecks.

1:02:05.160 --> 1:02:07.840
<v Speaker 1>So I think it's that simple. And I don't think

1:02:08.080 --> 1:02:10.040
<v Speaker 1>I'm not saying these people like, I'm not saying people

1:02:10.080 --> 1:02:12.960
<v Speaker 1>that have the opinion that the off shore world is

1:02:13.000 --> 1:02:15.880
<v Speaker 1>bad or good, you know, or or wrong or anything

1:02:15.960 --> 1:02:17.920
<v Speaker 1>like that. I'm just saying that you have to you

1:02:18.000 --> 1:02:21.560
<v Speaker 1>start looking at things through a certain lens after a while, um,

1:02:21.920 --> 1:02:25.240
<v Speaker 1>just based on your motivations incentives. I think it just

1:02:25.320 --> 1:02:27.240
<v Speaker 1>happens naturally. I don't think I'm not trying to say

1:02:27.320 --> 1:02:31.280
<v Speaker 1>that people. I'm not trying to say it's a conscious thing. Yeah,

1:02:31.320 --> 1:02:33.040
<v Speaker 1>and I'm not listen, I'm not again, I'm not trying

1:02:33.080 --> 1:02:35.160
<v Speaker 1>to disparage anyone. I guess what I'm saying is you

1:02:35.280 --> 1:02:37.400
<v Speaker 1>have to start at some sort of factual basis, right,

1:02:37.480 --> 1:02:40.960
<v Speaker 1>like not every nothing's black and white. Uh not all

1:02:41.160 --> 1:02:43.360
<v Speaker 1>is evil over there and all is good over here.

1:02:43.480 --> 1:02:46.560
<v Speaker 1>In fact, in many respects quite the opposite. So we

1:02:46.640 --> 1:02:48.840
<v Speaker 1>have to I think your cause, I guess what I'm

1:02:48.880 --> 1:02:51.880
<v Speaker 1>saying is is a very as you point out, what

1:02:52.000 --> 1:02:54.360
<v Speaker 1>a moment in time to do that of all times,

1:02:54.480 --> 1:02:59.320
<v Speaker 1>right post legalization here as jurisdictions come online one after another,

1:02:59.440 --> 1:03:02.440
<v Speaker 1>hopefully we get sports back sooner than later. So Rufus

1:03:02.520 --> 1:03:05.480
<v Speaker 1>and again we're talking to Rufus Peabody, who co host

1:03:05.600 --> 1:03:09.960
<v Speaker 1>the Bet the Process podcast with Jeff ma. I leave

1:03:10.000 --> 1:03:11.720
<v Speaker 1>you with this, and I could go on and talk

1:03:11.720 --> 1:03:13.720
<v Speaker 1>to you for hours. I always enjoy talking to you.

1:03:14.080 --> 1:03:15.440
<v Speaker 1>But you and I used to I don't know if

1:03:15.440 --> 1:03:18.200
<v Speaker 1>you remember this. Um, we used to go to this

1:03:18.760 --> 1:03:20.880
<v Speaker 1>restaurant there in Vegas. It had I want to say,

1:03:20.920 --> 1:03:23.200
<v Speaker 1>it was like a New Orleans. Um. It was a

1:03:23.280 --> 1:03:28.200
<v Speaker 1>Cajun place, right right, Lola's That's right, which, by the way,

1:03:28.320 --> 1:03:30.560
<v Speaker 1>did not it did not make it onto Aaron Kessler's

1:03:30.560 --> 1:03:33.560
<v Speaker 1>Bracket and Rhythm Kitchen, another Cajun place did. So it

1:03:33.880 --> 1:03:35.360
<v Speaker 1>is a seven seed. I don't know if you saw it.

1:03:35.400 --> 1:03:38.600
<v Speaker 1>You know our friend Aaron Kessler, Yes, yeah, he did

1:03:38.640 --> 1:03:42.120
<v Speaker 1>a bracket of you know, March Madness for for best

1:03:42.200 --> 1:03:45.800
<v Speaker 1>restaurants in Las Vegas. Anyway, Lo Lolas didn't make it

1:03:45.880 --> 1:03:47.560
<v Speaker 1>into the field, and Rhythm Kitchen was the seven, so

1:03:47.640 --> 1:03:49.760
<v Speaker 1>I was upset about that. Anyway, I gotta I gotta

1:03:49.800 --> 1:03:52.680
<v Speaker 1>find that. I gotta find Kesler's bracket, because I'm sure

1:03:52.760 --> 1:03:54.880
<v Speaker 1>there are. Here's the thing with those kinds of brackets,

1:03:54.880 --> 1:03:56.600
<v Speaker 1>though you can only put in what you've been to.

1:03:57.080 --> 1:03:59.280
<v Speaker 1>I guess on those brackets, and there's always gonna be omissions,

1:03:59.320 --> 1:04:01.720
<v Speaker 1>even if you know, for anybody who does I want

1:04:01.720 --> 1:04:05.440
<v Speaker 1>to see that. But Lola's big oversight on on this

1:04:05.560 --> 1:04:07.320
<v Speaker 1>part maybe has never been there. But you used to say,

1:04:07.400 --> 1:04:09.760
<v Speaker 1>and we have about nineties, about thirty seconds here for

1:04:09.880 --> 1:04:12.720
<v Speaker 1>sixty seconds, I used to say, you wanted to do

1:04:12.840 --> 1:04:15.560
<v Speaker 1>things beyond this. Do you still feel that way? Obviously

1:04:15.600 --> 1:04:17.600
<v Speaker 1>you have a passion what we just discussed. But do

1:04:17.640 --> 1:04:20.320
<v Speaker 1>you ever I mean, I doubt you'll do that, you know,

1:04:20.520 --> 1:04:22.360
<v Speaker 1>solely for the rest of your life. Do you ever

1:04:22.440 --> 1:04:24.600
<v Speaker 1>think about other things? Is there some other arena that

1:04:24.680 --> 1:04:28.320
<v Speaker 1>interests you? You're right, I mean, and so arena besides

1:04:28.320 --> 1:04:31.600
<v Speaker 1>sports betting? I mean, yes, I do think I want

1:04:31.640 --> 1:04:34.280
<v Speaker 1>to do something business related Um, I think it would

1:04:34.320 --> 1:04:37.960
<v Speaker 1>be sports or sports betting related, probably in some capacity,

1:04:38.080 --> 1:04:40.000
<v Speaker 1>just because I feel like that's kind of where I've

1:04:40.000 --> 1:04:41.480
<v Speaker 1>been in this for ten years. I feel like that's

1:04:41.560 --> 1:04:44.720
<v Speaker 1>kind of where my expertise is. I in something else,

1:04:44.760 --> 1:04:49.200
<v Speaker 1>i'd kind of be starting starting a new in a way. Obviously,

1:04:49.240 --> 1:04:51.320
<v Speaker 1>the American Betts Coalition is not gonna be a career.

1:04:51.440 --> 1:04:54.520
<v Speaker 1>That's that's something that's that is not going to make money.

1:04:54.560 --> 1:04:56.480
<v Speaker 1>It's a nonprofit. That's something that I want to do

1:04:56.640 --> 1:04:58.800
<v Speaker 1>kind of is something to give back. But but I'm

1:04:58.840 --> 1:05:00.800
<v Speaker 1>looking at a few different things, but they are in

1:05:00.960 --> 1:05:04.440
<v Speaker 1>sort of the sports world, still in the sports analytics space,

1:05:05.240 --> 1:05:07.640
<v Speaker 1>all right. So that I mean, I don't know, Maybe

1:05:07.760 --> 1:05:10.040
<v Speaker 1>maybe I'm wrong, but it sounds like you've you're more

1:05:10.160 --> 1:05:12.439
<v Speaker 1>comfortable in your own skin now than you were maybe

1:05:12.480 --> 1:05:15.520
<v Speaker 1>five years ago. Is that true? I think so? Or

1:05:15.640 --> 1:05:18.520
<v Speaker 1>maybe I just realized that, I uh that, I don't know.

1:05:18.600 --> 1:05:21.440
<v Speaker 1>It's it's a lot harder to transition into something completely new.

1:05:21.480 --> 1:05:23.200
<v Speaker 1>And the fact that is, I I still you know,

1:05:23.440 --> 1:05:26.520
<v Speaker 1>I like sports and and I've I've talked with Jeff

1:05:26.560 --> 1:05:28.640
<v Speaker 1>a lot about this. Actually, Um, Jeff and I have

1:05:28.680 --> 1:05:31.240
<v Speaker 1>had a lot of discussions and he has just great

1:05:31.240 --> 1:05:33.000
<v Speaker 1>because he has he has strong opinions about things. He

1:05:33.040 --> 1:05:34.360
<v Speaker 1>may not agree with them, but he's going to give

1:05:34.360 --> 1:05:40.280
<v Speaker 1>you his opinions. Yes, yes he will. Um, Rufus again,

1:05:41.240 --> 1:05:44.200
<v Speaker 1>Sorry about my voice. I can't thank you enough. Um again,

1:05:44.360 --> 1:05:47.800
<v Speaker 1>Bet the process is the name of the podcast. Congratulations,

1:05:48.200 --> 1:05:50.160
<v Speaker 1>I know you're engaged. We talked about that last time.

1:05:50.200 --> 1:05:56.800
<v Speaker 1>Congratulations in advance on your upcoming wedding and more than anything, man, UM,

1:05:57.160 --> 1:05:59.680
<v Speaker 1>so glad to hear that you and your your bride

1:05:59.760 --> 1:06:02.840
<v Speaker 1>to be are doing well after testing positive. Hopefully her

1:06:02.880 --> 1:06:05.920
<v Speaker 1>test is negative today and all goes well there. Man,

1:06:06.160 --> 1:06:09.040
<v Speaker 1>Thanks so much, Rufus girl, thanks so much for having me.

1:06:09.160 --> 1:06:12.920
<v Speaker 1>I always will always enjoy talking to you, likewise at

1:06:13.000 --> 1:06:14.760
<v Speaker 1>rupus peabody on Twitter. By the way,