Business Of Betting Podcast

On this episode of the Business of Betting Podcast, Jason is joined by Matthew Trenhaile. In a bit of a twist on the standard format, the guest is the one asking the questions to our host!Hear them discuss:02:14 - The Smarkets origin story, and why Jason thought an exchange was needed08:32 - How Smarkets almost became a social betting platform, and the role that social features play in the exchange experience 13:03 - The Betafir API, developer ecosystems, and why Smarkets currently operates as a "closed garden" platform21:44 - The backstory of how Smarkets came to be its own market maker, and the challenges that came with that29:22 - Whether the value proposition of exchanges will ever become broadly appealing to recreational bettors37:31 - The allure of pivoting to B2B for exchanges and syndicates47:18 - The challenges of offering political betting markets52:23 - Trading on Betfair in the early days60:58 - What Matthew wants to be when he grows up⚡️ Follow BoB on Twitter/X⚡️ Follow Jason on Twitter/X⚡️