The Gamble & The Glory: Ep. 02 - Jason Trost, Smarkets

We're back with Ep. 2 of The Gamble & The Glory, where we meet founders that have built their companies to become stalwarts of the sports betting, fantasy, and iGaming industry. In this one, we speak with Jason Trost, founder & CEO of Smarkets. Hear him discuss: - His 16+ year journey starting and growing Smarkets, which has grown to become a £20m per year business - How his background in financial trading gave him the idea to launch Smarkets in 2007 to compete with Betfair in the UK - Taking 7 years before Smarkets "turned the corner" as a business, which required "the right combination of extreme hubris with extreme work ethic" - How his passion for politics led Smarkets to become one of the largest global prediction markets for politics - Why he thinks "with the benefit of hindsight, [he] really screwed up the strategy in the US" - Why the current state of the betting industry makes him "quite sad" and "bums [him] out" - Taking over as host of The Business of Betting podcast, and why he thinks about podcasting as "the next generation of AM radio" Learn more: ➡️ Smarkets https://smarkets.com/ website ➡️ Jason Trost https://www.linkedin.com/in/jasontrost/ on Linkedin ➡️ Jason Trost https://twitter.com/jasontrost on Twitter