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  • 2 years ago
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00:00Now, it's interesting, my producer Frank and I were discussing before the show, I got to
00:08say it's probably easier to bet on some of these events in Paris than it is to actually
00:14find like the final scores and when they're playing, like you probably could get more
00:18information from the sports betting apps than just online.
00:21It is not that easy, Mike, like you, you're Googling like what's going on with this team,
00:26that team, like I'll Google Canada, I'll get like swimming or something.
00:29I'll be like, no, no, no, give me basketball, like it's not the easiest thing to figure
00:33out online unless I guess you're like a psycho with this and you're watching 24-7.
00:38But I can only imagine with this being a slow time of the year, being one of the main reasons
00:44why people are so engaged on betting on the Paris Olympics, like right now, Mike, we are
00:48about to exit the dead zone of sports.
00:51Yeah, Craig, I totally agree with you first off on finding stuff, right?
00:56Like Paris is a few hours ahead.
00:58I think it makes an optimal time for betting, but it was hard to figure out what time stuff
01:03was starting.
01:04And then you go to a website, it would be in Paris time, not Eastern Standard Time.
01:07So I totally agree with you there.
01:09The Associated Press talked to BetMGM and they project it's going to be the largest
01:15bet Olympics in the legal sports betting era.
01:17I think it's pretty obvious given that now I think we have 38 states plus DC.
01:21At the time of the Tokyo COVID Olympics, I think we had 22 states.
01:25So that obviously is a huge factor.
01:27And then again, if you're a local sports fan, to your point, you're going on FanDuel,
01:31you don't have to go on there at 3 a.m., 4 a.m. local time out in the Olympics.
01:37You're getting your games on prime time, whether it's 6 a.m., 2 p.m., whatever it is, because
01:41they're so far ahead.
01:42It's really optimal for betting.
01:44And so I think with the interest of the U.S. men's basketball team, obviously heavy favorites
01:48with a pretty solid win over Serbia.
01:51Women's basketball team, also a favorite, U.S. women's soccer, really nice win over
01:55Germany yesterday.
01:56You know, a lot of these very popular teams are going to be bet on, whether that's your
02:01standard money line spread or your player props.
02:07And those are heavily there.
02:09And then, like you said, you've got some sports people probably haven't watched, gymnastics,
02:12some other things that we're really good at, but people aren't turning into every day.
02:16They're turning in every four years.
02:18And I think there's a lot of interest in track and field that MGM said, the 100-meter men's.
02:24So there are a lot of great events in the Olympics, once every four-year deal, optimal
02:29time, expanded sports betting market.
02:31And then, I mean, who knows, maybe you hope four years from now we'll have Texas and California.
02:35We'll see whether that's the case.
02:37It's not a certainty.
02:38But again, in four years, you should have even greater interest, because hopefully you
02:41have more states, especially the ones that have been difficult to move due to either
02:45legislative, tribal, whatever reasons that they have it.
02:50This should only expand.
02:51So incredible time, really nice to watch some sports you don't usually see.
02:54And like you said, slower period with just basically baseball and golf.
02:57Now you add in tons of sports, tons of interest, tons of star power.
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