Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)

Published: Sept. 16, 2019, 9:30 a.m.

Michael Schwimer is the CEO of Big League Advance (BLA) and JAMBOS.\xa0 Last year, I sat down with Michael and discussed his playing career and the formation of BLA.\xa0 That conversation, which you can listen to on the feed right after this one, has been the most downloaded episode of Capital Allocators.

Our second conversation starts with an update on BLA, the private equity fund that takes stakes in the future earnings of minor league baseball players.\xa0 We touch on the implementation of the strategy and the development of the BLA sports analytics team since last year.

We then discuss other ideas Michael brainstormed with his team to deploy their unparalleled horsepower in sports analytics.\xa0 That exercise led to the formation of a new sports betting service called JAMBOS.\xa0 We walk through the business of predicting the outcome of sporting events, the disruption of tout subscription services for sports betting through transparency and accountability, and the potential impact of predicting game outcomes on the future of sports and sports entertainment.\xa0 You can find out more about the service at www.jambospicks.com.

Learn More
Read the\xa0Transcript
Subscribe to the\xa0Capital Allocators Blog or Monthly Mailing List
Don't Subscribe, but\xa0Let Us Know Who You Are
Write a review on\xa0iTunes
Follow Ted on twitter at\xa0@tseides
Review past episodes of the\xa0Podcast