This interview features Alex Monahan, founder of Odds Jam, a data-driven sports betting platform likened to a "Bloomberg terminal" for sports betting. Alex shares his journey from a trader to a sports betting entrepreneur, explaining the inefficiencies in sports betting markets and how Odds Jam addresses them.Background and Concept of Odds JamAlex’s background: Stanford graduate, trader with a passion for gambling and sports betting.Odds Jam launched in April 2021 to provide comprehensive data and odds comparison across multiple sportsbooks.The platform helps users find arbitrage opportunities—risk-free bets by exploiting differing odds across sportsbooks.Sportsbooks set their own odds to maintain control and innovate, leading to market inefficiencies.Development and GrowthInitially, Alex manually searched for arbitrage bets before building Odds Jam.The company acquired a small data-focused firm to improve data feeds.Alex quit his job early to focus full-time on Odds Jam.Competitors existed but were small; some were acquired by Odds Jam.Industry Insights and AdviceSports betting is likened to trading, requiring mathematical and risk management skills.Alex advises beginners to start small and emphasizes understanding odds and risk.He stresses the importance of learning from experience and working in established companies before launching startups.Odds Jam was acquired by gambling.com in December, with Alex continuing to work there.Personal NotesAlex enjoys betting on NBA due to game frequency.He shares personal wins and losses, emphasizing gambling as entertainment with a need for discipline.Social media: Alex Monahan (Twitter: @AlexMonahan100).#sportsbetting #casino #bettingSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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