What podcasts say about Nick Devor
Every statement, with the speaker, the exact quote and the moment it was said.
What Nick Devor has said on podcasts
29 statements · 9 positive · 16 negative · 4 neutral
Prediction markets are recording exceptionally high Sunday trading volumes.
“prediction markets have continued to just go absolutely crazy. We're seeing record trading volumes basically every Sunday.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 2:28
Prediction markets’ parlay-style contracts are driving their growth.
“prediction markets are going crazy because they have started offering and have continued to offer the equivalent of parlay bets.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 3:01
Adding parlay legs lowers bettors’ winning odds and increases sportsbook profitability.
“with each leg that you add, your odds of winning go down, and the odds of the sportsbook taking your money go up.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 3:58
Parlay bets are highly profitable for sportsbooks.
“So they're very profitable for the sportsbooks.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 4:06
Prediction-market event contracts are legally available nationwide.
“because they're financial products, they're legal nationwide.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 6:27
Prediction markets and sportsbooks provide equivalent consumer experiences.
“from a consumer point of view it's the exact same product it's the exact same experience”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 7:30
Sportsbooks can use prediction markets to reach customers in states lacking legal sports betting.
“the sportsbooks realized that they can use prediction markets to sort of like unlock a bunch of new customers in states like Texas, California, a lot of Florida that don't have many legal sports betting options.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 7:40
DraftKings and FanDuel offer prediction markets.
“DraftKings and FanDuel and all of them, they also have prediction markets.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 7:59
The prediction-market sports-contract dispute will reach the Supreme Court.
“this is going to wind up at the Supreme Court.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 9:29
Congress did not intend financial contracts to create nationwide sports betting.
“the congressional intent was not for there to be nationwide sports betting through financial contracts.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 10:39
Investors can trade an ETF tied to hockey-team performance.
“I'm pretty sure that you can now trade. an ETF tied to the performance of hockey teams.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 18:13
Five percent of sports bettors generate over 80% of sportsbook profits and revenue.
“5% of sports bettors are responsible for more than 80% of all of the profit and revenue that... sportsbooks generate.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 19:50
Addiction-driven revenue can cause vice industries to weaken consumer protections.
“this leads vice industries to tamp down on consumer protections”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 20:30
Online sportsbook wagering has begun tapering and plateauing.
“we are seeing a bit of a taper in like and a plateauing, I should say, in terms of total dollars wagered on online sportsbooks.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 22:05
Half of American men under 49 have digital sportsbook accounts.
“50% of American men under the age of 49 have an account. on a digital sports book.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 22:24
Legalizing gambling increases state revenue without directly raising taxes.
“legalizing gambling is a great way to raise... state revenues and get more money into the coffers of a state without raising taxes.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 23:06
Federally regulated prediction markets do not pay state taxes.
“the prediction markets don't because they're federally regulated, so they don't pay state taxes.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 23:27
The National Council on Problem Gambling is the largest nonprofit addressing gambling harm.
“This is the largest nonprofit dedicated to mitigating problem gambling, gambling addiction harm, advocating at... a federal level for more funding for gambling addiction”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 26:27
Rerouting New Mexico helpline calls caused delays and dropped calls for Navajo speakers.
“this led to a number of calls being dropped, a number of Navajo speakers not getting help in a timely manner”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 29:31
Kalshi’s donation raised immediate conflict-of-interest concerns for the NCPG.
“Kalshi, the prediction market. So this raises a lot of red flags pretty much immediately.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 32:04
The leading federal gambling-addiction advocacy organization is in complete disarray.
“The main organization that advocates at a federal level for there to be federal funding for gambling addiction and research, all of that stuff, they are in complete disarray.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 35:11
The NCPG has been the primary organization coordinating responses to gambling addiction since the 1970s.
“this organization which for the past you know since the 70s has been the primary org um you know coordinating response to rising levels of gambling addiction is now um you know, in the wind, as it were.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 35:52
Online sports betting enables unusually frictionless gambling.
“the main way that people engage with gambling these days, online sports betting, is very frictionless.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 37:35
Friends should intervene immediately when someone describes chasing gambling losses.
“If you have a friend who ever says to you, oh, I lost X amount of money, so I have to keep betting to win it back, you need to have a conversation with them right then and there.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 38:35
Chasing losses strongly predicts gambling-related harm.
“That's one of the strongest predictors of gambling-related harm.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 38:46
People with gambling disorder face a 20% lifetime suicide-attempt risk.
“If you have a gambling disorder, there's a 20% chance that you'll attempt suicide in your lifetime.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 39:22
The United States provides no federal funding for gambling-addiction research.
“there's no federal funding for gambling addiction research. None. Zero.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 39:47
The gambling industry’s responsible-gambling framing shifts accountability onto consumers.
“this idea of responsible gambling, that's been pushed a lot by the industry because you'll note that puts the onus on the consumer to be responsible rather than on the corporation that's selling the addictive product to do so in a more responsible or better way.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 40:35
Consumers cannot reliably stop addictive gambling behavior through willpower alone.
“individual consumers have the power to stop themselves when they begin to experience addictive behaviors. It's just incorrect.”
Open the episode · Gambling Is Eating The World w/ Nick DevorListen at 40:54
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.