On this episode of the Business of Betting Podcast, Jason is joined by Dean Sisun from ProphetX.
Hear them discuss:
02:04 - The overview of ProphetX and the sweepstakes model
04:12 - Postmortem on why ProphetX moved away from the betting exchange model
08:40 - Challenges with regulatory models in the betting industry
10:00 - Exploring the novelty factor and customer acquisition
11:25 - Predictions for the future viability of betting exchanges in the U.S.
13:32 - Understanding how sweepstakes stacks up to traditional sports betting
14:00 - Legality of the sweepstakes model
16:00 - The mechanics of turning sweepstakes into a cash prize
18:40 - Companies operating in the sweepstakes sports betting market
25:53 - The challenges of implementing the peer-to-peer model
26:51 - Managing a remote team, while moving to Miami
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