FanDuel’s new BetProtect Plus feature is getting a lot of attention — but is it actually worth it? We break down how the 3% premium works, why it might seem appealing to casual bettors, and the major flaws that make it a losing play long term. From guaranteed negative EV scenarios to why using it on unders makes no sense, we explain what bettors are missing and why this “protection” could be costing you more than you think. Plus, we discuss the marketing angle behind the rollout and why this might be a win for sportsbooks, even if it’s a loss for bettors.

We also get into the ongoing debate around unit shaming after a bettor was criticized for the size of their wager, and whether that kind of reaction is justified. Then, we break down the early payout controversy after Paddy Power paid out Arsenal to win the Premier League — only for the title race to flip after a major result. Was it a smart marketing move or a costly mistake? All that and plenty more from across the sports betting world on this episode of Circle Back, hosted by Jacob Gramegna with Rob Pizzola, Kirk Evans, and Geoff Fienberg.

📅 New episodes of Circle Back every Monday at 1pm ET and Friday at 8am ET. Plus, watch for additional content every Wednesday, ranging from interviews with industry experts to instructional videos!

📊 Building in prediction markets? Get your trial API key for unified prediction market and sportsbook data: https://bit.ly/4blx5BR

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LINKS

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SHOW INDEX

0:00 - Circle Back w/ Rob Pizzola, Kirk Evans, Geoff Fienberg and Jacob Gramegna

1:27 - Weekend recap: NHL/NBA playoffs, NFL, and PGA Tour

20:28 - FanDuel introduces its Bet Protect+ with praise and backlash

44:53 - Unit shaming debate

53:57 - Bad decision or stroke of genius?

1:00:17 - Reading your comments

1:07:22 - GRP Wins exposed over Hornets bets?

1:28:58 - Betting for entertainment vs. profit

1:32:57 - Chopping block

Disclaimer: The content presented in this show is intended for entertainment purposes only. All opinions expressed are those of the hosts and do not necessarily reflect the views or opinions of any individuals or organizations mentioned. Statements made about public figures or entities are based on publicly available information and are not intended to harm or defame any person or business. This show relies on the fair use of social media posts, which are presented in good faith for the purpose of commentary and criticism. Viewers are advised to form their own opinions.

Circles Off podcast is an entertainment podcast. The opinions expressed in the podcast are for the purpose of discussion in the area of sports betting, online gaming and other like markets. Circles Off podcast does not condone unlawful or illegal activity, and if you are unsure of the laws in your jurisdiction surrounding these markets, please seek the appropriate legal advice about strategies that you intend to implement. Please gamble responsibly.

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