Gambling With an Edge
Gambling With an Edge
Bob Dancer & Richard Munchkin
Sports bettor Milkshake
46 minutes Posted Aug 12, 2026 at 7:26 pm.
]  Introduction of sports better, Milkshake[00:38]  Milkshake’s path into advantage play[03:09]  Top-down betting and going to BetBash 2[05:25]  Moving for professional bettors[09:38]  Odds screens, arbitrage, limiting, and nuances of top-down[15:42]  Why did $600 move a major market?[16:45]  What percentage of Milkshake’s action today is moving versus modeling?[18:24]  Making in prediction markets[19:10]  Evaluating potential movers[21:57]  Betting at kiosks[24:50]  Source of truth[26:44]  Setting up partnerships[28:22]  Camouflage bets, priming accounts[30:45]  Faking the market[32:28]  Should winning accounts go dormant before being limited?[33:43]  Shifting the closing line to avoid CLV[34:51]  Milkshake's book and podcast recommendations[36:10]  Using sportsbook bonuses[39:29]  How will Milkshake's betting evolve over the next few years?[41:54]  Relevant knowledge of sports when top-down betting[43:09]  In-game betting[44:17]  Can value be found in a team's losing streaks?Links:x.com/BeBetterBettorsx.com/halfkellyLogic of Sports Betting by Ed-Miller https://amzn.to/4x6Wx67
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Show notes
Milkshake lost all his money following a tout, and it set him off on a journey to figure out how to win money sports betting.Show Notes[00:00]  Introduction of sports better, Milkshake[00:38]  Milkshake’s path into advantage play[03:09]  Top-down betting and going to BetBash 2[05:25]  Moving for professional bettors[09:38]  Odds screens, arbitrage, limiting, and nuances of top-down[15:42]  Why did $600 move a major market?[16:45]  What percentage of Milkshake’s action today is moving versus modeling?[18:24]  Making in prediction markets[19:10]  Evaluating potential movers[21:57]  Betting at kiosks[24:50]  Source of truth[26:44]  Setting up partnerships[28:22]  Camouflage bets, priming accounts[30:45]  Faking the market[32:28]  Should winning accounts go dormant before being limited?[33:43]  Shifting the closing line to avoid CLV[34:51]  Milkshake's book and podcast recommendations[36:10]  Using sportsbook bonuses[39:29]  How will Milkshake's betting evolve over the next few years?[41:54]  Relevant knowledge of sports when top-down betting[43:09]  In-game betting[44:17]  Can value be found in a team's losing streaks?Links:x.com/BeBetterBettorsx.com/halfkellyLogic of Sports Betting by Ed-Miller https://amzn.to/4x6Wx67