Jack Andrews, co-founder of Unabated.com, joins us for a fascinating discussion on the similarities between professional sports betting and options trading. We explore how sports bettors and options traders can apply the same foundational concepts in both markets, such as the importance of positive expected value, risk management, finding edge, and more.

Full interview: https://optionalpha.com/interviews/ja...

00:38 Jack's introduction and background
4:14 'Advantaged Gambling' explained: Using legal means to gain an edge in games of chance or skill
7:29 Similarities of sports betting to options trading, and exploring positive Expected Value
10:58 Steve's journey from sports betting to options trading and how to apply key concepts
16:33 Managing risk, building a portfolio, preserving bankroll, and finding positive EV
22:55 How many bets do you take? Stacking +EV
26:52 Live betting and arbitrage vs Options trade management
38:21 Using a quantitative approach to find an edge
45:31 Tracking performance and closing line value vs trading probabilities
51:13 What options traders can learn from sports betting (and vice versa!)


Follow Jack on X @capjack2000 and visit Unabated.com to start a trial and explore their tools.

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