In the latest SBC Podcast I am joined by Varun Sudhakar, the Co-Founder and CEO of the crypto-exchange and brokerage service, BetDEX.
Varun is an experienced operator within the betting industry, with various roles across several continents at the likes of Fanduel and plenty of punting (as he calls it!) making him an intriguing guest with lots of insight.
As part of the leadership team at Betdex, Varun is at the cutting edge of a new era, with technology and cultural trends helping to pool betting liquidity across the world.
This innovation requires investment, vision and the ability to seize opportunities – something that Varun and BetDEX pride themselves on.
This chat covers all of that, with the ‘big ideas’, challenges and key considerations all topics of conversation as Varun sets out where he thinks betting (and in particular BetDEX) can get to over the next few years and decades.
In addition, Varun has a very special offer for SBC Podcast listeners who reside within countries where BetDEX are licensed. You can get 0% commission for the first 120 days of your use of the site by clicking here!
All of the relevant details are included on the sign up page and visiting the site is the quickest way to find out if BetDEX operate where you are (e.g. they do in Ireland but not in the UK); this page has a comprehensive list of where you can and cannot bet from.
You can listen to Episode 86 now via Apple / Spotify / YouTube and all other major podcast directories (search Smart Betting Club)
You can also support the SBC Podcast by visiting our podcast sponsor, Matchbook. You can get 150 days, commission free with them via this link.
In this chat, Varun and I talk about:
- An introduction to Varun
- Varun’s work at FanDuel
- Hypergrowth in US betting: regulation, marketing wars and a Flutter takeover
- Co-founding BetDEX – a different vision for a betting operator
- What makes BetDEX different from other bookmakers and exchanges?
- Growth areas, where customers are coming from and why
- BetDEX’s markets – the ‘chicken and egg’ of customers and liquidity
- The challenges of hosting horse racing on the platform
- BetDEX’s brokerage service and meeting the demands of larger-staking bettors
- The types of bigger bets that BetDEX are facilitating
- Cryptocurrencies, their growing prevalence and the challenges/opportunities vs. fiat money
- Regulators and choosing which jurisdictions to operate in
- Plans to improve the BetDEX platform and broadening the customer offering
- Varun’s vision for BetDEX in the medium and long-term
- How to find Varun and a special 0% commission offer for SBC Podcast listeners!
For those of you who would like to follow or interact with Varun, there are numerous ways to do so. He can be followed/contacted on Twitter/X @svarun91, his email is varun@betdex.com and his Telegram ID is @varunsudhakar.
If you who would like to try using the BetDEX platform, the 0% commission offer that is available to SBC Podcast listeners betting in jurisdictions where BetDEX are live can be found here.