A viral tweet claiming sportsbooks “screw their customers” gets broken down — and the math behind it doesn’t hold up. The crew digs into how betting markets actually work, why pricing is often misunderstood, and how public perception of sportsbooks gets shaped by viral takes. They also react to a bizarre identity verification request from BallyBet that raises questions about how far sportsbooks are going with compliance, plus a broader discussion on prediction markets and how a small percentage of informed participants drive most of the efficiency.

Jacob Gramegna is joined by Rob Pizzola, George Tsilfidis, and Geoff Fienberg on Circle Back, part of The Hammer Betting Network, to react to the biggest stories from the betting world. From sportsbook practices and viral betting discourse to industry trends and market dynamics, the crew breaks it all down.

📅 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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SOCIALS

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SHOW INDEX

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

1:07 - Weekend sports reaction

25:48 - How to actually calculate sportsbook hold

38:56 - If you can't convincingly articulate your edge...

47:22 - Craziest sportsbook identity verification?

54:18 - Reading your comments

1:07:30 - Peanut Bettor's Tier Lists

1:21:45 - 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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