The Unabated Podcast

Getting Machiavellian With Brandon Moran

Sep 26, 2023
In this engaging discussion, Brandon Moran, co-founder and head of trading at DL Trading, shares insights into his journey from high-frequency trading to the world of sports betting. Known as Machiavelli in gambling circles, he highlights the evolution of in-game betting and the importance of line shopping for bettors. Brandon reflects on the challenges of real-time market adjustments and the role of data tools in shaping betting strategies. He also explores the impact of machine learning on betting and how the industry has transformed over the years.
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INSIGHT

In-Game Uses The Pre-Game Market

  • In-game betting lets you leverage pre-game markets so you needn't re-evaluate team quality from scratch.
  • The value is in adjusting fair prices based on what happened rather than redoing full strength assessments.
ANECDOTE

Hunting Data By Hand

  • Moran manually scraped box scores and listened to college radio to track kickoffs and game states in the early 2000s.
  • He used Excel to collate historical line scores before automated data made this trivial.
ANECDOTE

From Betting To High-Frequency Trading

  • A TradeSports connection led Moran into high-frequency trading in Chicago after years of betting.
  • He left the late-night bettor lifestyle for finance while keeping sports modeling as his passion.
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