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Speaker 1: The Action Network Podcast.

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Speaker 2: Welcome into the Action Network Podcast. Great to be joining

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Speaker 2: you for a special two part episode. Your host today,

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Speaker 2: Brendan Lasheen. We'll get to our guest in just a moment.

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Speaker 2: Gambling on the News a two part episode here on

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Speaker 2: the Action Network Podcast. Part one. What are predictive markets?

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Speaker 2: The nuts and bolts on how to invest in the

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Speaker 2: world of news, and that requires a lot of breakdown,

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Speaker 2: so that's not waste any time. And just to kind

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Speaker 2: of give folks an understanding here, because maybe you're a

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Speaker 2: better that's focused on just sports, but most betters they've

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Speaker 2: got interest beyond just that world, right, So for those

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Speaker 2: interested in wagering on political outcomes and world events, you

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Speaker 2: might have an interest. Predictive markets are an avenue to

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Speaker 2: do so. Today's guest on the Action Network Podcast Alex

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Speaker 2: Keen Dog Keeney. He is the founder of Star Spangled

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Speaker 2: Gambler's host of their popular podcast, which has become the

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Speaker 2: leading source of information about political prediction markets. Prior to

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Speaker 2: founding SSG, Alex was a screenwriter in Hollywood, a policy

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Speaker 2: advisor in the US House of Representatives, and a marketing

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Speaker 2: executive for Jordan belforp better known as the real Wolf

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Speaker 2: of Wall Street. Alex, thanks so much for making the time.

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Speaker 2: It's a special two parters, so we've got a lot

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Speaker 2: to get to. I guess just before we really get

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Speaker 2: going here and start breaking apart the how when it

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Speaker 2: comes to investing in predictive markets, what would you pitch

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Speaker 2: to a better that might be in the sports space?

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Speaker 2: Coming over? Here's what's the uh? What's the attention grabber?

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Speaker 2: As they like to say to us when we wrote

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Speaker 2: those papers in high school.

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Speaker 3: Well, I mean it is the idea of betting on politics,

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Speaker 3: not an attention grabber out of the box, Like I've

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Speaker 3: got your attention right now, don't I?

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Speaker 2: You sure do.

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Speaker 3: But I mean let's talk money. Money talks, right. You're

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Speaker 3: betting on the news, so the information's out there a

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Speaker 3: lot of times. You can find the answers in advance,

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Speaker 3: and you can get in and out. It's a market, right,

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Speaker 3: It's like a stock market. So you can come and

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Speaker 3: go on your schedule. You know, you don't have to

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Speaker 3: be right. You can just wait for the market to

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Speaker 3: move your way, take your money, leave, come back in

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Speaker 3: when you want. It's it's the managing risk is quite easy,

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Speaker 3: I would say so.

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Speaker 2: As far as the again using kind of sports as

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Speaker 2: a jumping off point, how are these markets different from

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Speaker 2: betting on a game at a sports book.

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Speaker 3: First of all, betting on a game and a sports

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Speaker 3: book is really hard. Second of all, betting on a

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Speaker 3: game in a sports book, once my bookie has my money,

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Speaker 3: that's it. I better hope that I win, right. Whereas

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Speaker 3: when I'm betting on politics, which should I do? You know?

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Speaker 3: Every day of my life I am again I'm betting

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Speaker 3: into a stock market. I see a news story that

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Speaker 3: I think maybe will cause the market to panic. I

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Speaker 3: may or may not even be right. But if I'm

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Speaker 3: right that other traders are going to panic and that

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Speaker 3: the stock market is going to push the price one

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Speaker 3: way or the other, I can take my money out

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Speaker 3: for a nice win whenever I want, and I don't

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Speaker 3: have to wait to find out if I want. I

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Speaker 3: don't have to carry that risk the entire time. I

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Speaker 3: can leave once I have a profit.

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Speaker 2: So, for example, so just to kind of start breaking

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Speaker 2: this apart, you use exchanges in this market, not sports books.

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Speaker 2: Can you talk to us about what exactly an exchange

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Speaker 2: is and how does that specifically function?

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Speaker 3: Okay, so why don't we talk about the biggest exchange. First,

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Speaker 3: are you familiar with Predicted? Have you ever heard of it?

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Speaker 2: No, I'm new to this just as much as anyone else.

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Speaker 2: That listening might be.

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Speaker 3: Okay, awesome. You are here for the audience. That is

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Speaker 3: the best kind of host there is. Predicted is the

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Speaker 3: largest political gambling exchange in the United States. They operate

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Speaker 3: with a waiver from the federal government that lets them

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Speaker 3: offer lines. It's boring, blah blah blah. The thing that

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Speaker 3: you just need to know is that it's legal and

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Speaker 3: it's safe. So from a vetter's perspective, you don't have

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Speaker 3: to worry about them taking their money off. You don't

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Speaker 3: have to worry about the government cracking down on them

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Speaker 3: at this stage in their existence. So that is the

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Speaker 3: biggest exchange. And right now, take for example, everyone likes

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Speaker 3: talking about Donald Trump. Right you put Donald Trump's name

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Speaker 3: in a headline, you're gonna get some eyeballs. So Donald

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Speaker 3: Trump has been in a really bad news cycle lately.

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Speaker 3: You know these January sixth hearings at the same time

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Speaker 3: of Ron De Santis, the governor of Florida. You know,

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Speaker 3: big mouth, big tall, brownie guy, gets a lot of

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Speaker 3: attention to has been in a great news cycle. You know,

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Speaker 3: people have been eating up him, sort of picking a

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Speaker 3: fight with Mickey Mouse and Disneyland down in Florida. So

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Speaker 3: if you go and look at the exchange predicted and

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Speaker 3: the batting line, who will be the Republican nominee in

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Speaker 3: twenty twenty four? Okay, well what do you see? You

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Speaker 3: see Donald Trump's share price has gone from about forty

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Speaker 3: cents to about thirty cents. And in this exchange, it's

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Speaker 3: sort of like the every share can be worth a dollar,

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Speaker 3: it can be with zero cents or anything in between.

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Speaker 3: So Donald Trump's shares have fallen from about forty cents

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Speaker 3: to thirty cents. That's a big loss in a short

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Speaker 3: period of time. Whereas Ron DeSantis, who has been in

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Speaker 3: this kind of rate news cycle while Trump has been floundering,

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Speaker 3: has gone from about thirty to about forty five. So

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Speaker 3: that's just paying attention to the news, putting a couple

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Speaker 3: bucks into the market, and now if you're up, you

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Speaker 3: can take it out and go spend it somewhere else.

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Speaker 3: So that's that is the exchange. Ye nature of political gambling.

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Speaker 2: Okay, what are some examples of markets you can trade in.

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Speaker 3: Oh boy, well, one of my favorites right now is

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Speaker 3: just betting on whether or not daylight savings time will be.

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Speaker 3: That's not made up. That's not made up.

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Speaker 2: It's one of those things I'm like, oh, I didn't

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Speaker 2: think you could do that. I didn't know that was possible,

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Speaker 2: But here we are.

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Speaker 3: I mean, these companies need to make a profit. So

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Speaker 3: you know, when they hear something crazy come out of

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Speaker 3: a politician's mouth, or you know, some segment that you

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Speaker 3: see on Good Morning America that you think is just

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Speaker 3: total fluff, there's probably a betting line for it. So,

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Speaker 3: you know, COVID cases that seems kind of dark, but

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Speaker 3: something you can bet on. Who's going to win elections,

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Speaker 3: be the next president, the congressional stock trading ban. I

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Speaker 3: don't know. If you hear that story every now and

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Speaker 3: then on Twitter, you know, I'm betting on Congress not

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Speaker 3: enacting a stock trading band and really just election I say, elections, laws,

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Speaker 3: court cases, you can probably bet on it.

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Speaker 2: So again, using the sports gambler as the example of

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Speaker 2: who we might be attracting in terms of an audience.

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Speaker 2: As far as other nuts and bolts, like, for example,

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Speaker 2: there are no pushes. When it comes to betting in politics,

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Speaker 2: you have a winner, you have a loser. If you

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Speaker 2: take a total of nine runs in a baseball game

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Speaker 2: and the final score is six to three, I mean

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Speaker 2: you push. But yeah, what are some of those other

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Speaker 2: technical things that are key differences.

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Speaker 3: It's really important, even more so than in sports. You

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Speaker 3: are betting against fellow betters in the marketplace. It's a

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Speaker 3: zero sum game. Okay, you take the action at twenty cents,

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Speaker 3: you know you bet. You take the thirty cent bet

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Speaker 3: that Donald Trump is going to be the Republican nominee.

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Speaker 3: Someone is on the other side taking a seventy cent

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Speaker 3: bet that he will not be. So you can play

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Speaker 3: the game and say, well, I'm going to be right,

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Speaker 3: you know, I'm you know, an election is a game,

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Speaker 3: and I'm going to pick the win of the game

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Speaker 3: based on the conditions on the field and this that

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Speaker 3: or the other thing. Or you can play fellow traders.

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Speaker 3: You can sort of understand how people will react to

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Speaker 3: the news, how the Karen down the street with all

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Speaker 3: the cats is going to feel, you know, when the

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Speaker 3: Supreme Court does this thing, or how you're crazy uncle

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Speaker 3: who buys like the camouflage cans of Natty light. You

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Speaker 3: know how he will interpret news, and you can bet

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Speaker 3: against them in the marketplace. Now there's you know, step

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Speaker 3: step step step to that. So you know, you can

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Speaker 3: bet on the event or you can bat against crazy people,

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Speaker 3: and both are very lucrative strategies.

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Speaker 2: Give us an example of a market. Say you get

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Speaker 2: a hundred bucks, your unit size is one hundred bucks,

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Speaker 2: and you're you're looking to make a make a bet. Here,

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Speaker 2: give us a market as an example.

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Speaker 3: All right, so what did betters do last week? Betters

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Speaker 3: went and they bought down the price of the Republicans

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Speaker 3: holding the Senate. They thought, well, Karen down the street

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Speaker 3: is really going to come out for democrats. The Republicans

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Speaker 3: are going to have a harder time retaking the Senate.

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Speaker 3: So they went and they took their one hundred buck

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Speaker 3: buck and they bought thirty five cent shares that the

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Speaker 3: Democrats would control the Senate. Okay, So because of that,

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Speaker 3: the price of Republicans went down a little and the

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Speaker 3: price of Democrats went up a little. So now that

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Speaker 3: the odds of a Democrat holding the Senate is up

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Speaker 3: about three cents. So if you had one hundred dollars

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Speaker 3: and just two days ago you went and bet on

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Speaker 3: the Democrats where you taking the Senate, you'd have one

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Speaker 3: hundred three dollars right now. The point is is that

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Speaker 3: my one hundred dollars or my hundred shares, if I

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Speaker 3: put them on the Democrats and waited for them to

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Speaker 3: win the Senate November. If that happened, would regime at

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Speaker 3: full value. Every single one of those shares would be

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Speaker 3: worth one dollar. If they lost, those shares would go

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Speaker 3: down to zero. And in the time being, based on

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Speaker 3: news stories, they might go up a dime, down a nickel.

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Speaker 3: Any one of one hundred things can happen. Is that

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Speaker 3: chart sort of swings back and forth on the news.

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Speaker 2: How does the market adjust or not adjust to the

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Speaker 2: level of news, Like what makes them think, okay, this

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Speaker 2: bit of news is a bigger deal than others because

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Speaker 2: as we know, that can be very subjective.

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Speaker 3: Well, I mean, having a good feel for what matters

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Speaker 3: and what doesn't is really what makes you a profitable better.

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Speaker 3: You know, the market will almost always overreact to the

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Speaker 3: news sometimes. You know, in Arizona, for example, the markets

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Speaker 3: have been pricing it in a Donald Trump endorsement of Blake

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Speaker 3: Masters for weeks so when a sense the market overreacted

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Speaker 3: to news that hadn't even happened. So your skill is

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Speaker 3: a better really has a lot to do with your

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Speaker 3: ability to anticipate the next story that's going to drop.

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Speaker 3: And if you're right about the next story that's going

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Speaker 3: to drop, maybe your one hundred shares go up ten

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Speaker 3: cents in value and you've got an extra ten bucks

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Speaker 3: in your pocket. Maybe your five thousand shares go up

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Speaker 3: ten cents and now you've got, you know, an extra

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Speaker 3: fifty one hundred, five hundred. You see how this kind

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Speaker 3: of goes quickly if you trade with a lot of volume.

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Speaker 2: Good stuff. Again, it just tuning in. You are tuned

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Speaker 2: into the gambling on the news. Part one. It's a

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Speaker 2: two part podcast. Alex Keeney is our guest, the founder

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Speaker 2: of Star Spangled Gambler's host of their popular podcast Great

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Speaker 2: to Have Again. We're gonna have a second part of

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Speaker 2: the pot as well. We'll have a pragmatic breakdown of

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Speaker 2: strategies around how to profit in the world of political

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Speaker 2: investing in trading, plus and tips and picks for markets

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Speaker 2: currently being offered. So more of the actual actionable stuff

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Speaker 2: will be coming up in Part two. So Alex. In

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Speaker 2: sports betting, the market consists of a lot of participants.

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Speaker 2: You have sharp squares. Most individual bets come from just

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Speaker 2: recreational folks. Then you've got a smaller number of larger

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Speaker 2: bets coming in from the sharper professional betters. Sports books

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Speaker 2: can calculate liability based on money coming in on either

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Speaker 2: side of a bet. They can also use the size.

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Speaker 2: You've got the money and you've got the percentage of

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Speaker 2: the bets, so the size of the individual bets to

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Speaker 2: judge which sides and prices are attracting the sharper action.

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Speaker 2: So when it comes to the political betting exchanges, what

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Speaker 2: does the market consist of?

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Speaker 3: I might get canceled by political betters if I tell

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Speaker 3: you the truth. Your average political gambler, he's like a

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Speaker 3: very competitive beta mail. You know, he wasn't that good

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Speaker 3: at dodgeball in middle school. He maybe sat on the

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Speaker 3: bench in high school if he even made the team

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Speaker 3: at all. But he's a really smart guy. He's got

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Speaker 3: something to prove, and more than likely he doesn't even

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Speaker 3: work in politics. He just reads the news in the

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Speaker 3: morning and is clever about how to use that to

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Speaker 3: his advantage to make some money. There's a few crowds

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Speaker 3: you need to know about. First of all, you need

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Speaker 3: to know about the Maga money. Maga money is a

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Speaker 3: very important industry term you need to know about. People

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Speaker 3: will do anything to bet on Donald Trump. They will,

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Speaker 3: in fact, bet that he is still the president of

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Speaker 3: the United States. In twenty twenty two, they are still

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Speaker 3: making that bet. You can still take the other side

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Speaker 3: of that bet that Donald Trump is not in fact

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Speaker 3: the president of the United States, shocking as it may sound.

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Speaker 3: So that's your first group of squares. Your second group

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Speaker 3: of squares are literally called the Biden squares. Okay, they're

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Speaker 3: the people who bet during the last election that Biden

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Speaker 3: would win. They got very favorable odds to do it

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Speaker 3: because who the Maga money kept betting on Trump and

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Speaker 3: pushing those odds down. So there's the Biden squares out

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Speaker 3: there who just keep pissing away their winnings kind of

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Speaker 3: one bet at a time because they don't really understand politics.

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Speaker 3: But they got, you know, that dose of hopium of

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Speaker 3: winning big in twenty twenty. And then there's the Bernie Bros.

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Speaker 3: The Bernie Bros are like the Maga money. They will

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Speaker 3: bet on Bernie Sanders or Bernie Sanders endorsed candidate to

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Speaker 3: win any election no matter how long the odds are,

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Speaker 3: and you can almost always make money just by betting

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Speaker 3: against the Bernie bros. So those are sort of your

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Speaker 3: your three groups of squares. And you know the Sharps

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Speaker 3: are who they are. They mostly write podcast blog on

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Speaker 3: StarSpangled gamblers. You have access to their insights through us

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Speaker 3: if I don't mind saying so myself, but those are

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Speaker 3: your tribes.

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Speaker 2: Based on what you just said, you get the feeling

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Speaker 2: that there are just, unlike sports, far fewer restrictions for

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Speaker 2: insiders to participate. And then a lot of this comes

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Speaker 2: down to head verus heart right right.

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Speaker 3: I'm sure the home team bias comes through and in

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Speaker 3: a sports book too, but you know, people have a

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Speaker 3: hard time resisting it. You know, everyone thinks they know

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Speaker 3: everything about politics. You've been at a bad Thanksgiving dinner.

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Speaker 3: Everyone thinks they know everything. Use that against them.

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Speaker 2: Let's assume most of the audience they are not political

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Speaker 2: in sight. Who are government employees? Can they avoid becoming

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Speaker 2: chum in the waters?

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Speaker 3: Honestly, where did the worst political predictions come from? Like?

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Speaker 3: Was it not the Secretary of the Treasury and the

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Speaker 3: Federal Reserve who said like inflation was fake news and

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Speaker 3: made up, you know, was it not the CIA that

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Speaker 3: said there are weapons of mass destruction in Iraq? You know,

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Speaker 3: being as someone who can win political office or be

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Speaker 3: like a lackey for a politician carrying their bags round,

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Speaker 3: that is not the same skill as just reading the news.

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Speaker 3: That's all you really need to do, Just reading the news,

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Speaker 3: seeing the holes and the bullshit and figuring out where

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Speaker 3: to park your money to you know, be the beneficiary

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Speaker 3: of you know, our leadership classes idiocy. That's a cynical

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Speaker 3: way of saying it, but anyone can do it. It's

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Speaker 3: all public information.

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Speaker 2: So I guess what you're driving at, alex is it

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Speaker 2: pays to not be party affiliated.

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Speaker 3: Yeah, and if you are, like you just got to

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Speaker 3: understand that about yourself. The people who have their eyes open,

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Speaker 3: the people who are willing to digest the information that

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Speaker 3: might kind of like ab them and the gut of

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Speaker 3: their you know, bias or party affiliation or whatever you

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Speaker 3: want to call it, Like, those are the people who

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Speaker 3: are going to win. The people who are just there

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Speaker 3: to like hit the partisan crack pipe, they're going to

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Speaker 3: be gone. You're going to take their money, they'll be

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Speaker 3: off the sites within a couple of weeks. Their money

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Speaker 3: will be yours in a very short period of time

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Speaker 3: if they're not willing to see it both ways and

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Speaker 3: just push the bullshit out of their minds.

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Speaker 2: So outside of like because as we've highlighted, you know,

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Speaker 2: headlines are a big part of things, as you kind

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Speaker 2: of mapped out earlier in this episode, and a lot

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Speaker 2: of in a lot of cases, like you know, we're

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Speaker 2: in the we're in the month of we're in the

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Speaker 2: month of June, so in hockey season just ended, so

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Speaker 2: a lot of folks are betting baseball, and baseball is

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Speaker 2: one of those sports now in the in the sports

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Speaker 2: world where you've got to be, you've kind to be,

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Speaker 2: you've got to be on top of it. Like every

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Speaker 2: day what would be the attraction of an exchange to

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Speaker 2: a regular every day better, you.

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Speaker 3: Know, there's themes and politics, and therefore there's themes and

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Speaker 3: betting on politics, so you can kind of get in

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Speaker 3: sync and get in the flow of certain types of markets.

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Speaker 3: There are guys who bet on Joe Biden's polling numbers,

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Speaker 3: and they been betting on presidents polling numbers for years

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Speaker 3: and years and years. You can get in the flow

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Speaker 3: and you can keep making sort of the same bet

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Speaker 3: but slightly different over time. So you don't have to

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Speaker 3: master all of American politics. You just got to figure

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Speaker 3: out like one politician or one type of event, maybe

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Speaker 3: elections in your home state. Maybe there's a class of

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Speaker 3: markets called mentioned markets. When Joe Biden gives a State

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Speaker 3: of the Union or something, you can bet on what

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Speaker 3: he will say and what he won't say. You know,

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Speaker 3: watch an hour of YouTube videos, guess what. You're gonna

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Speaker 3: have a pretty good idea of what Joe Biden wants

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Speaker 3: to talk about. There are sort of recurring themes that

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Speaker 3: you can master one at a time instead of having

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Speaker 3: to be like a fish and a bunch of ponds

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Speaker 3: that are disconnected all at once.

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Speaker 2: Wow, that's like the equivalent of like a trend you know,

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Speaker 2: if you're big into trends when you bet on sports,

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Speaker 2: a trendy move might be going on YouTube and finding

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Speaker 2: some old speeches. That's that's that's next level.

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Speaker 3: Yeah, or there are a lot of a great bet

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Speaker 3: to make over and over right now is betting that

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Speaker 3: democrats run cities where people are like really tired of

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Speaker 3: homelessness and crime and stuff like that, will throw out

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Speaker 3: their leadership like that will piss people off. That I

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Speaker 3: just said that out loud. But this is the land

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Speaker 3: of pissing people off to make money. And that is

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Speaker 3: a bet that is paid over and over again in

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Speaker 3: San Francisco. In Virginia, I'm betting on the mayor of

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Speaker 3: San Jose for the same reason, you know, to have

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Speaker 3: a surprise upset there. What there are trends, Bet the trends,

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Speaker 3: you know, know the trends and bet them.

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Speaker 2: We'll have a second part to this podcast, Betting the News,

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Speaker 2: more in depth discussion on strategy for success. Part one

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Speaker 2: rolls on. We kind of touched on this when we

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Speaker 2: were talking about, you know, sharps, first squares and how

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Speaker 2: the money comes in. Is there a concern about bigger

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Speaker 2: money compromising the integrity of these markets? Are there are

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Speaker 2: there limits? Is there a concern level ever?

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Speaker 3: Well, I mean the government's concerned and there are limits

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Speaker 3: because of that. So the two big on shore books, okay,

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Speaker 3: they might object to being called books, two big on

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Speaker 3: chore books.

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Speaker 2: Predicted what they want to be called.

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Speaker 3: Well, the second one that I'm going to talk about

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Speaker 3: claims to own like a unique asset class, you know,

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Speaker 3: like derivatives or futures or something like that. So we

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Speaker 3: could quibble about what that means. But predicted is capped

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Speaker 3: at eight hundred and fifty dollars a bet. Now the

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Speaker 3: markets are structured so that you can make multiple bets

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Speaker 3: within the market. We can talk about that some other time.

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Speaker 3: The second legal onshore book is called Calshi. Calshi has

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Speaker 3: a more permissive regulatory structure and clears up to twenty

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Speaker 3: five thousand dollars of action per line. Calshi it's like

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Speaker 3: it's spelled like the whole food Cereal. They've got like

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Speaker 3: thirty or one hundred million dollars or some astronomical amount

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Speaker 3: of Silicon Valley Fundy money in their pocket. Bloomberg's always

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Speaker 3: writing about them. You know they're real, even if their

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Speaker 3: name makes you say what. And then there are various

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Speaker 3: offshore books blockchain books that, as you might suspect, have

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Speaker 3: basically no rules at all.

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Speaker 2: So a lot of what we've discussed on part one

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Speaker 2: of betting on the News is reactionary, meaning, okay, here's

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Speaker 2: a headline, how am I using you? As an example,

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Speaker 2: Alex Keeney going to react to it from an not

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Speaker 2: using your heart, but using your head. But bigger picture.

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Speaker 2: Another question we have for you is do you see

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Speaker 2: the markets having an impact on the future of news,

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Speaker 2: like how the news ends up being delivered positively or negatively?

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Speaker 3: Well, I think it already is, and you certainly saw

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Speaker 3: this in sports, Like you know, ten years ago, it

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Speaker 3: was like really weird to hear someone talking about betting

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Speaker 3: lines on ESPN, And now it's sort of part of

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Speaker 3: the package. You know, polls failed so magnificently in twenty

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Speaker 3: sixteen and twenty that this is now something you see

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Speaker 3: commentators refer to, at least online and sometimes on TV too.

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Speaker 3: So betting markets already exists, is a different way of

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Speaker 3: analyzing politics, and I think that that will only increase

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Speaker 3: as time goes on. And it's certainly the success we're

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Speaker 3: finding it at Starsmangled Gamblers.

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Speaker 2: Just a sports example I just thought of off the

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Speaker 2: top of my head. We just saw the NBA draft

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Speaker 2: happen and the unbelievable swings on who was going to

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Speaker 2: go number one on the draft to Jabari Smith or

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Speaker 2: Palo Bancaro of Duke it was ban Cao, but Adrian

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Speaker 2: Wojnarowski of ESPN is the go to NBA guy reporting

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Speaker 2: and for much of the day, just the way the

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Speaker 2: market fluctuated because of that reporting, it makes you wonder, though,

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Speaker 2: where his information is coming from. So I just if

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Speaker 2: you could just dive a little deeper into how that

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Speaker 2: path of how is the path of the news making

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Speaker 2: its way to the surface.

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Speaker 3: So I mean, are you basically asking me, like, who

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Speaker 3: are the people who make markets like when this person

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Speaker 3: tweets or that newsletter hits.

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Speaker 2: Yeah, I mean, because I think I think a lot

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Speaker 2: of people that do bet on sports are active on

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Speaker 2: social media to get news. That's a big part of it.

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Speaker 2: For the casual sports better that might be interested in

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Speaker 2: this and predictive markets, well maybe they're like, hey, how

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Speaker 2: can I do what I'm normally doing in my normal

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Speaker 2: routine to bet sports, to keep that same routine and

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Speaker 2: maybe apply it to this.

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Speaker 3: First of all Star Spangled gamblers is the cheat code.

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Speaker 3: We sort of synthesize all this information for everyone else.

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Speaker 3: But secondly, everyone who bets on politics wakes up in

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Speaker 3: the morning and they read punch Bowl News, which is

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Speaker 3: curated by some old Politico beat reporters. Jake Sherman's kind

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00:20:12,640 --> 00:20:14,800
Speaker 3: of like the Queen Bee over there. Follow him on

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Speaker 3: Twitter as well. Anytime Jake Sherman tweets Markets move Politico

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Speaker 3: Playbook isn't what it used to be, but that's another

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Speaker 3: newsletter that basically everyone who trades reads Axios breaks a

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Speaker 3: lot of stories. Chad program over at Fox, I could

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Speaker 3: keep listening names. The point is is that, like once

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Speaker 3: you get into the tent, it's very easy to get

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Speaker 3: to level one. You know, Level one is knowing is

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Speaker 3: exactly the questions you're asking, and of course it's arsmangled gamblers.

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Speaker 3: We help our listeners get there. That's what we do.

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Speaker 2: Excellent, great stuff. We are not done with Alex Keeney

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Speaker 2: folks on the Action Network podcast Part two of Betting

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Speaker 2: on the News we get into Strategy for Success, will

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Speaker 2: break down strategy around how to profit in the world

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Speaker 2: of political investing in trading, Plus Alex will provide some

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Speaker 2: tips and picks for markets that are currently being offered.

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Speaker 2: So yeah, the stuff that you can get some action

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Speaker 2: on now, good stuff here in Part one for Alex

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Speaker 2: Keeny Brendan glass Sheen. Thanks for tuning in. Be sure

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Speaker 2: to hop on over and check out Part two when

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Speaker 2: this one's over, and again thanks for tuning in as

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Speaker 2: always to the Action Network podcast