Journalist and bestselling author Michael Lewis explores the figures in American life who rely on the public's trust, whether in sports, in business, in the cou...
What does it mean to be a “very important person” in the world of online sports betting? Not necessarily what you think. We hear from recovering gambling addicts and state regulators frustrated with some of the perverse incentives to keep people on a losing streak. Meanwhile, our show’s own producers hope for a VIP night at the concert of the year. For further reading: Legalizing Sports Gambling Was a Huge Mistake by Charles Fain Lehman. See omnystudio.com/listener for privacy information.
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35:35
Episode 5: The Mule
The role has many names: “Runner,” “mover,” “betting partner,” and “mule.” As skilled sports gamblers find themselves limited on apps, they turn to these affiliates to place their bets in return for a piece of the proceeds. Against the Rules decides to explore this murky world by signing up for mule-dom with one of the world’s most skilled sports bettors.See omnystudio.com/listener for privacy information.
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32:06
An Interview with Ted Olson
Constitutional lawyer and former US Solicitor Ted Olson recently died at the age of 84. Olson represented the state of New Jersey in its efforts to overturn a federal ban on sports gambling. Those efforts succeeded, as we hear in our episode "Welcome to the Garden State." But Olson and Michael Lewis talked about many other aspects of his vivid legal career. We're offering their full conversation today.See omnystudio.com/listener for privacy information.
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33:55
Episode 4: A Hard Way to Make an Easy Living
Michael Lewis heads to Las Vegas to explore the way sports betting used to work, up until the day it was rapidly legalized by states around the country. We meet the betting sharps who figured out what others couldn’t and set the odds for other bookies. That is, up until everyone seemed to have a casino on their smartphone. But the new online casino differs from the old ones in an important way: It doesn’t take all bets. For further reading: Edward Thorp’s Beat the Dealer “Cigars, Booze, Money: How a Lobbying Blitz Made Sports Betting Ubiquitous” by Eric Lipton and Kenneth P. VogelSee omnystudio.com/listener for privacy information.
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37:05
Nate Silver on the Risky Business of Sports Betting
As the US election nears, Michael Lewis sits down with Nate Silver, co-host of the Pushkin podcast Risky Business (along with the writer, psychologist and professional poker player Maria Konnikova). They talk about why people bet on elections, the problem with sports gamblers in the United States, and Silver’s new book, On the Edge: The Art of Risking Everything. See omnystudio.com/listener for privacy information.
Journalist and bestselling author Michael Lewis explores the figures in American life who rely on the public's trust, whether in sports, in business, in the courtroom, or on TV. What happens when that trust erodes and we can no longer agree on what's fair and what's not?
In the latest season of his podcast, Michael takes on America’s newest form of legalized gambling, sports betting, and how it’s changing what it means to be a player…a teenager…and most of all, a fan.
iHeartMedia is the exclusive podcast partner of Pushkin Industries.