NFL warns prediction markets

The NFL is making moves against prediction markets, sending warning letters about betting on things like broadcasts, celebrities, and even the NFL Draft. The crew breaks down what this means for the future of prediction markets, plus reacts to the U.S. suing Illinois over its regulation efforts. They also dive into whether sportsbook cashouts are actually predatory, and if bettors should ever be using them. Plus, a debate on whether MLB BvP (batter vs pitcher) data is completely meaningless when it comes to betting, and more.

Jacob Gramegna is joined by Mike (Mr. PeanutBettor), Joey Knish, and Storm Pig to react to the biggest stories in the betting world this week.

📅 New episodes of Circle Back every Monday at 1pm ET and Friday at 8am ET. Plus, watch for additional content every Wednesday, ranging from interviews with industry experts to instructional videos!

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SHOW INDEX

0:00 - Circle Back Friday with Jacob Gramegna, Mike (Mr. PeanutBettor), Joey Knish, and Storm Pig

1:54 - NFL sends letters to Prediction Markets

17:35 - Should there be no vig?

24:34 - Are cashout offers really that predatory?

33:21 - Is this the end of PFF?

37:29 - Batter vs. Pitchers stats are "meaningless."

42:26 - Dave Mason roasts pick seller

47:43 - Return Fire

50:41 - Chopping Block

Disclaimer: The content presented in this show is intended for entertainment purposes only. All opinions expressed are those of the hosts and do not necessarily reflect the views or opinions of any individuals or organizations mentioned. Statements made about public figures or entities are based on publicly available information and are not intended to harm or defame any person or business. This show relies on the fair use of social media posts, which are presented in good faith for the purpose of commentary and criticism. Viewers are advised to form their own opinions.

Circles Off podcast is an entertainment podcast. The opinions expressed in the podcast are for the purpose of discussion in the area of sports betting, online gaming and other like markets. Circles Off podcast does not condone unlawful or illegal activity, and if you are unsure of the laws in your jurisdiction surrounding these markets, please seek the appropriate legal advice about strategies that you intend to implement. Please gamble responsibly.

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