In the latest SBC Podcast I was joined by Jason Trost – the founder and CEO of both the betting exchange, Smarkets and the bookmaker, SBK.
With so many incredibly important topics up for debate in the betting world at the moment, Jason was the perfect guest to explore concepts like affordability checks and their considerable impact on those of us that enjoy betting.
Jason also talked openly and candidly about the reality of running both Smarkets and SBK, trying to do things differently to their (admittedly bigger) competitors, exchange liquidity, commission and much more.
He also outlined how SBK has been setup to offer better odds than many of their rivals and just how it does that, plus his goal to make it appeal to punters looking for a more traditional bookmaking experience.
When it comes to affordability checks, he has some strong opinions on why gambling is being singled out when other ‘sin industries’ are not and why banks should be more involved.
He also rails against the double standards that has seen some bookmakers benefit from operating in offshore jurisdictions, where betting is not legal and the unfair financial advantage that gives them in regulated markets such as the UK.
Smarkets & SBK Links
As we discuss in the podcast, SBK is a sportsbook app that provides better odds as powered by the Smarkets Betting Exchange. It is regularly top priced on many markets and is increasingly being used by those looking to benefit from better odds. There is an offer in place currently for new SBK customers where you can bet £10 and get £30 in free bets.
Smarkets is a Betting Exchange and a realistic alternative to Betfair for many punters. New customers to Smarkets can enjoy 0% commission for their first 60 days with this offer.