The Risk Takers Podcast

Which Path Should You Choose in Betting/PMs & Golf Tick Size | Ep 150

14 snips
Apr 8, 2026
They map practical paths for bettors of every skill level, from bonus-chasing beginners to live-model traders and market makers. They debate decimal pricing in golf and its trading implications. News items cover PM legal wins, platform risks, and product innovations. Listener questions dive into market making, model tracking, and settlement policies.
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ADVICE

Begin With Bonus Optimization For Small Bankrolls

  • Do start with sportsbook bonus optimization if you're a true beginner to build bankroll and platform familiarity quickly.
  • John Shilling recommends a month of optimal bonus play will almost certainly leave small-bankroll bettors ahead and avoid early large drawdowns.
ADVICE

Pick One Submarket And Post Small To Learn PM Trading

  • Do focus on one submarket when starting a top-down prediction-market trading strategy and post small, conservative orders to learn order-book mechanics.
  • SportsProjections suggests picking a niche (e.g., tennis sets) and tracking posted prices manually or via API to capture liquidity even when not top of queue.
INSIGHT

Mentions Markets Offer An Easier Originator On-Ramp

  • Consider dimension/mentions markets as an easier on-ramp for originators because they require simpler frequency-based signals rather than deep sport-specific models.
  • SportsProjections notes mention markets can trade large volume (e.g., $500k on NCAA championship) and often have one-cent widths despite sparse data.
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