Planet Money Planet Money

How sports gambling blew up

2024-12-18 00:00:00 +0000 UTC ·30m 15s ·by NPR
How sports gambling blew up
Planet Money
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About this episode

Sports gambling isn’t exactly a financial market, but it rhymes with financial markets. What happens on Wall Street somehow eventually also happens in sports gambling. So in the 1980s, when computers and deep statistical analysis entered the markets, it also entered the sportsbooks and changed the w