Can you really make money sports betting on low-risk, high-probability events?Topics covered include:<ul><li>The growing size and influence of the U.S. sports betting market</li><li>Recent sports betting scandals</li><li>How sports betting odds work</li><li>An intriguing low-risk approach to sports betting</li><li>Why the low-risk sports betting approach is still gambling with a negative expected return</li><li>Behavioral biases that encourage sports betting</li><li>Revisiting the difference between investing, speculating, and gambling</li></ul>Episode Sponsor<a href="https://joindeleteme.com/david20" rel="noopener noreferrer" target="_blank">Delete Me – Use code David20 to get 20% off</a>Insiders Guide Email NewsletterGet our&nbsp;<a href="https://moneyfortherestofus.com/insiders-guide/?mtm_campaign=Podcast-Newsletter-Link&mtm_content=Episode-530" rel="noopener noreferrer" target="_blank">free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter</a>Our Premium Products<a href="https://assetcamp.com/?mtm_campaign=Podcast-AC-Link&mtm_content=Episode-530" rel="noopener noreferrer" target="_blank">Asset Camp</a><a href="https://moneyfortherestofus.com/join/?mtm_campaign=Podcast-Plus-Link&mtm_content=Episode-530" rel="noopener noreferrer" target="_blank">Money for the Rest of Us Plus</a>Show Notes<a href="https://www.oddschecker.com/us/betting-guides/betting-terminology/odds" rel="noopener noreferrer" target="_blank">How Do Betting Odds Work? by OC Staff—oddschecker</a><a href="https://www.commerce.senate.gov/2025/10/senate-commerce-committee-wants-answers-on-nba-s-sport-s-betting-scandal" rel="noopener noreferrer" target="_blank">Senate Commerce Committee Wants Answers on NBA Gambling Scandal—Senate Commerce Committee</a><a href="https://www.theguardian.com/sport/2025/nov/09/emmanuel-clase-luis-ortiz-gambling-allegations-baseball" rel="noopener noreferrer" target="_blank">"US sports betting crisis grows as MLB’s Clase and Ortiz indicted over alleged rigged pitches" by Tom Lutz—The Guardian</a><a href="https://defector.com/espn-will-not-let-failure-push-it-out-of-the-gambling-business" rel="noopener noreferrer" target="_blank">ESPN Will Not Let Failure Push It Out Of The Gambling Business by Chris Thompson—Defector</a><a href="https://scri.siena.edu/2025/02/18/22-of-all-americans-half-of-men-18-49-have-active-online-sports-betting-account/" rel="noopener noreferrer" target="_blank">22% of All Americans, Half of Men 18-49, Have Active Online Sports Betting Account—Siena University Research Institute</a><a href="https://www.ncpgambling.org/wp-content/uploads/2023/09/Sports-gambling_NCPGLitRvwExecSummary.pdf" rel="noopener noreferrer" target="_blank">A Review of Sports Wagering & Gambling Addiction Studies Executive Summary—National Council on Problem Gambling</a><a href="https://www.ft.com/content/e80df917-2af7-4a37-b9af-55d23f941ec6" rel="noopener noreferrer" target="_blank">How sports gambling took over prediction markets in the US by Sam Learner,&nbsp;Oliver Roeder&nbsp;and&nbsp;George Steer—The Financial Times&nbsp;</a>See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

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