World Sports Exchange

The original online sports book. If you can click a mouse, you can place a bet. Author: Odds Man Out.

[World Sports Exchange @WorldSportsEX]

Exclusive: The book trailer for "Odds Man Out" is live!
Our friend and hall of fame broadcaster, Jim Lampley, narrated. Check it out.
https://t.co/BendlTmvKQ

[World Sports Exchange @WorldSportsEX]

This is must see t.v.! Thanks to the @VSiNLive team for the great interview.

[VSiN @VSiNLive]

For the full interview with Jay Cohen (@WorldSportsEX) from today’s "A Numbers Game" with @beatingthebook and @BillKrackman, click the link below 👇

📺 https://t.co/UphIj9TbP9

[World Sports Exchange @WorldSportsEX]

Thank you to @VSiNLive, @beatingthebook and @BillKrackman. This was a great, unfiltered discussion.
Get your copy of "Odds Man Out" today.
#offshore
#sportsbetting
#futures
#PredictionMarket

[World Sports Exchange @WorldSportsEX]

Throwback Thursday. This photo of Jay Cohen ran alongside a March 2003 @LasVegasSun article written by award-winning journalist Steve Kanigher. Taken by a photographer at Federal Prison Camp, Nellis (FPC Nellis) located outside Las Vegas, the photo caused a minor uproar after the article ran. The flag placed behind Cohen was touching the ground (a breach of flag etiquette) and people noticed. The Las Vegas Sun received several complaints about the photo. Read more about Jay's time at Nellis in his book "Odds Man Out." Go to https://t.co/qN6qHusmyS to order your copy today.
#SportsBetting
#Prison
#CampNellis

[World Sports Exchange @WorldSportsEX]

Great to see @ArtManteris' book "The Bookie" in the wild. Spotted at @OblongBooks in Millerton, NY.
#hudsonvalley
#sportsbetting

[World Sports Exchange @WorldSportsEX]

Thank you @BillKrackman. This was an amazing interview.

Please go to https://t.co/OOrig7ud0t to order your copy of "Odds Man Out" today.

[WagerTalk @WagerTalk]

SPECIAL EPISODE OF WISEKRACKS OUT NOW! 🍿

Jay Cohen is a pioneer of the online sports betting industry and later went to prison for it... He joined @BillKrackman for a special 1-on-1 interview

WATCH IT HERE –– https://t.co/LxdhFVw0pd

[World Sports Exchange @WorldSportsEX]

This is going to be a good one. Get ready.

[WagerTalk @WagerTalk]

Before DraftKings. Before FanDuel. Before Kalshi.

There was Jay Cohen. The man who built online sports betting in 1997… and went to federal prison for it.

Tomorrow, he sits down with @BillKrackman & @jonorlando for an exclusive on WiseKracks.

📺 https://t.co/H4HkPQfK1s

[World Sports Exchange @WorldSportsEX]

What does Mark Cuban’s $5.7B https://t.co/TL34VMttOS sale have to do with sports betting?

More than you think.

WSEX sent bettors to AudioNet to hear games & races they were betting on. WSE had the bettors. AudioNet had the streams.

The story below. https://t.co/nzFFpHXoqL

[World Sports Exchange @WorldSportsEX]

This was inevitable.

"Hedge funds are about to jump into prediction markets in a big way"
https://t.co/tynlY4U6NW

[World Sports Exchange @WorldSportsEX]

The IRS sent out this warning to U.S. bettors (link below).

Why does the U.S. continue to treat offshore sportsbooks primarily as a law-enforcement problem instead of asking whether they could be brought into a system of international regulation?

In 1996, Jay Cohen and his partners launched WSEX in Antigua, where online gambling was legal. They were early pioneers of an industry that barely existed.

The U.S. response wasn't to negotiate with Antigua or establish rules for cross-border betting.

It prosecuted Cohen and other offshore operators.

Years later, Antigua took the United States to the World Trade Organization, arguing that U.S. laws effectively prevented a WTO member from supplying gambling services to Americans.

The WTO dispute became one of the most extraordinary chapters in the history of online gambling.

And here's the irony:

The U.S., as we know, created a massive legal sports-betting industry of its own.

But Americans are still told that offshore operators are inherently suspect.

Jay Cohen wasn't simply fighting over whether Americans should be allowed to place a bet.

He was fighting over a much bigger question:

Who gets to participate in the American gambling market and does geography determine whether a betting business is legitimate?

Thirty years later, the technology has changed.

The money is vastly bigger.

The legal sports-betting industry is everywhere.

But the fundamental question hasn't gone away.

Maybe the answer isn't to chase offshore sportsbooks.

Maybe it's to regulate them.

You can read more about Cohen's story in his book "Odds Man Out."

https://t.co/14Ucjm2rV6

Go to https://t.co/qN6qHusmyS to order your copy today.

[World Sports Exchange @WorldSportsEX]

Throwback Thursday - Aug, 14, 2004. The @RedSox we're 10.5 games behind the Yankees. They'd win later that night to take sole possession of the AL Wild Card. We all know what happened a few months later.

Who took the @RedSoX to win it all?

#Baseball
#SportsBetting
#SportsFutures

[World Sports Exchange @WorldSportsEX]

@andrewcourt1 Really enjoyed your presentation. One of the highlights for sure. Great meeting you.

[World Sports Exchange @WorldSportsEX]

@slots_junkie @StefanPrelogNYC @bet_bash I have one large white World Sports Exchange shirt left. If you buy an ebook and want the shirt, send me a screenshot of your purchase and it's yours. Just message me your address. Thanks.

[World Sports Exchange @WorldSportsEX]

Buy a book, get a free @WorldSportsEX tshirt. We have only a of couple of shirts left. Find @StefanPrelogNYC at @bet_bash.

[World Sports Exchange @WorldSportsEX]

Still processing our first ever @bet_bash. What a whirlwind.

Thanks to @capjack2000 and his tips, we were well prepared. Thank you to @spanky and his amazing team for making us feel so welcome. @CircaSports, @CircaLasVegas and @DerekJStevens were consummate hosts. We can understand why people come back year after year.

Fantastic to reconnect with people from our past and to make new friends.

Great meeting @FightOnSpooky @jonlerner @andrewcourt1 @halfkelly @astraffon @irishro @4castersbet @davehill77 @Bockino @PatrickE_Vegas @RoxyLasVegas @chadmillman @billsperos @andrewssports @PromoCactus and so many others.

See you at BetBash 2027!

[World Sports Exchange @WorldSportsEX]

@DustinGouker @business What’s next, you can’t say five and a half, you have to say 5.50?

[World Sports Exchange @WorldSportsEX]

@EnglishMathPhD @bet_bash @DerekJStevens @spanky Now do shoes. @RoxyLasVegas

[World Sports Exchange @WorldSportsEX]

@jeffma @BetTheProcess @RufusPeabody Recommend Jay Cohen, co-founder World Sports Exchange and author, "Odds Man Out." He can talk about his journey from options market maker to launching one of the first online company to offer live, in-game betting.

[World Sports Exchange @WorldSportsEX]

Amazing panel of new book authors at @bet_bash. Huge thanks to @RoxyLasVegas for pulling together this all-star lineup and moderating a great conversation. I could have listened to these guys talk for hours. Highly recommend all these books.
@bockino "Over/Under"
@ArtManteris "Bookie"
@andrewssports "Then One Life"
And @chadmillman talking about his upcoming book "The Number".
Thank you for letting Haden Ware sit in for Jay Cohen to discuss "Odds Man Out."
And if you didn't make the panel and want a book come find @StefanPrelogNYC or go to https://t.co/qN6qHusUoq to order a copy.
#books
#sportsbetting

[World Sports Exchange @WorldSportsEX]

There were a number of contributing factors that led to Antigua becoming a hub for offshore sportsbook operators. One of the most significant was the The Eastern Caribbean Fiber System (ECFS).

The Eastern Caribbean Fiber System (ECFS), started construction in 1994 and was completed in 1995, replaced slow, expensive satellite communications with a high-speed submarine network connecting 14 Caribbean islands including Antigua, St. Kitts, Dominica, St. Lucia, Grenada, Barbados, Martinique, and Trinidad.

Built by a consortium of regional telecommunications companies led by Cable & Wireless, with support from governments and development institutions, ECFS created the digital backbone for the Eastern Caribbean.

The impact was enormous: faster communications, lower costs, and the infrastructure needed for banking, tourism, offshore services, and the emerging internet economy.

For small island nations, like Antigua, ECFS was more than a cable under the sea. It was a bridge to the global economy.

And in Antigua, it helped create the conditions for a new generation of internet entrepreneurs. This enabled Antigua to attract new business in new industries as a way to diversify its economy, something it wanted to do since its independence in 1981.

World Sports Exchange's arrival was serendipitous. Jay Cohen, Steve Schillinger, Haden Ware and their programmer, Spencer came to Antigua in 1996 and launched https://t.co/qN6qHusUoq in January 1997.

The digital revolution in the Caribbean started long before most people noticed, but this is just one part of the story.

Check out "Odds Man Out" by Jay Cohen at https://t.co/qN6qHusUoq