SigmaSquirrel

Sportsbooks • Prediction Markets • Policy | Board @bettorsvoice | Partner @BetSharpMoney | @Bet_Bash speaker "I post suggestions, you make decisions."

[SigmaSquirrel @SquirrelSigma]

Thank you @EK33bets for giving it a look. We're aiming for best-in-market tooling for rec-sharp bettors. Nothing less.

[EK33 🌴 @EK33bets]

4️⃣ days in using @BetSharpMoney, and I absolutely LOVE it. Incredible software with new features being added constantly to improve the product. 📈
Excited for what they’re building! 💯🔋

@ClosingDime @JayssPlayss @SquirrelSigma

[SigmaSquirrel @SquirrelSigma]

@808080bets @fairplaygov It’s certainly a workaround. Not viable for most, but if your business is trading, living in a state with the favorable tax structure is an advantage.

[SigmaSquirrel @SquirrelSigma]

@only1jayf @gregisenberg

[SigmaSquirrel @SquirrelSigma]

This year’s BetBash will cover a LOT of surface area - got that ticket yet?

[spanky @spanky]

For all you newcomers coming to @bet_bash, my friend and @bettorsvoice colleague @SquirrelSigma will be hosting The Sports Betting 101 seminar!

[SigmaSquirrel @SquirrelSigma]

@spanky @bet_bash @bettorsvoice Looking forward to it! See you in Vegas

[SigmaSquirrel @SquirrelSigma]

@SLSInvestments @ButlerBets This 100%

They ran this like a sportsbook with very poor food and bev service. If they ran it like a great place to pre-game where betting was possible, it could have done well.

Why would I swap DK in for the usual Murphy’s experience, where I can just bet on DK mobile?

[SigmaSquirrel @SquirrelSigma]

@inga1937 @commish_pelton @bettorsvoice That’s the right question!

[SigmaSquirrel @SquirrelSigma]

The industry often claims that winning sports bettors are cheating. Price shopping is not cheating.

@commish_pelton, @bettorsvoice works with multiple state gaming commissions and legislators to understand player limits from the players’ point of view.

We’re ready to help!

[Fairplaygov @fairplaygov]

Colorado Senate voted to remove language from a now-neutered RG bill that would have disallowed sportsbooks from limiting bettors “because they win.”

Bill co-sponsor @Commish_Pelton said they had weekend talks w/ the industry about bettors “gaming the system” much like “card counters” in casinos. 1/

[SigmaSquirrel @SquirrelSigma]

My friend @spanky and I presented to the SBRA/ARCI this month on this very topic - why doesn’t today’s sports bettor bet horses?

The biggest reason? Lack of fixed odds. Pari-mutuel pools are dominated by algorithmic CAW money. 8-1 becomes 4-1 5 seconds before post? Hard pass.

[Dan Wolken @DanWolken]

Gambling syndicates are causing mayhem in horse racing by using algorithms to make huge, last-second bets that crush odds for regular players.

Inside the world of Computer Assisted Wagering and why racetracks can’t (won’t) stop it. For @yahoosports https://t.co/3yqDjrLouf

[SigmaSquirrel @SquirrelSigma]

The word is that the bill repealing our inane per-wager tax is probably going to pass before the Bears get a stadium bill. The negative impact on handle was so clear and obvious that the only argument against it is “keep it if you want less regulated sports betting.”

Rarely do bills in IL have this kind of momentum.

[SigmaSquirrel @SquirrelSigma]

Another state sees the “value” in prediction markets.

And the writing on the wall.

[Fairplaygov @fairplaygov]

Iowa's plan to tax prediction market platforms and traders is crazier than the OBBB provision.

State estimates >$120 mil in extra annual tax revenue.

The bill, SF 2470, has already passed the Senate and now sits in the House Ways & Means Committee.

[SigmaSquirrel @SquirrelSigma]

@fairplaygov We’re getting closer

[SigmaSquirrel @SquirrelSigma]

@BrianBuckWargo @fairplaygov Talk to me in a year and we’ll see what’s happened

[SigmaSquirrel @SquirrelSigma]

If you can’t beat em’, tax ‘em.

Last year people said I was nuts to suggest states would begin to accept Prediction Markets in exchange for tax revenue. Kentucky just found 800 million reasons.

Fantastic coverage on today’s vote by @fairplaygov

[Fairplaygov @fairplaygov]

Kentucky General Assembly becomes the first state legislature to pass a bill that taxes prediction markets to its governor.

House version says 17.25% (on fee revenue), estimated to generate $800k in 2027 & $2.1 mil in 2028. Senate version says 14.25%. Final concurred bill not yet released.

[SigmaSquirrel @SquirrelSigma]

@BrianBuckWargo @fairplaygov 1st of many states that will do this

[SigmaSquirrel @SquirrelSigma]

@da19884 @fairplaygov But that makes too much sense.

[SigmaSquirrel @SquirrelSigma]

@BrianBuckWargo @fairplaygov 1st of many.

[SigmaSquirrel @SquirrelSigma]

@fairplaygov Ha! 800 thousand indeed.

[SigmaSquirrel @SquirrelSigma]

NBC 5 INVESTIGATES

[SigmaSquirrel @SquirrelSigma]

This one is an instant contender for Dumbest Local News Article About Sports Betting.

The only other option is the Mob? What year is this? 🤣🙄

https://t.co/uZYGxxqov6