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Sports Betting Deep Dive
Recorded: April 7, 2025 Duration: 2:10:18Space Recording
Short Summary
In a recent discussion, crypto enthusiasts explored the launch of a new investment platform focused on small-cap stocks, highlighting its unique approach to market sentiment and stock picks. The conversation also delved into the impact of recent economic trends, the potential for growth in the market, and strategies for navigating volatility, emphasizing the importance of risk management and community engagement in the evolving crypto landscape.
Full Transcription
Thank you. what's up what's up how are we doing happy monday do i say happy i don't know
uh i don't know somebody out there's probably happy ben can you give me a mic check real fast
i cannot hear uh um there you are can you hear me yes there you are okay perfect sorry i have
i've been flipping out headphones right and left all day as one dies i put another one in and i'm
all i'm all over the place i have four air pods i don't know which one goes in which case it's been
a wild day wild day in the market wild day wild week since last we spoke on this exact space. So I am excited to see where everyone's
headed is that, I guess we'll put it that way, as we get into our stock picks for the week show
here. We always do start out with market sentiment and kind of go through what everyone's seeing on
the big picture, what they're thinking. And obviously, last week we had a bunch of who knows what's going to happen.
And of course, we got the big old who know on maybe the oh no even on Wednesday with
the tariff announcements.
But going forward from here, I wonder what everyone's thoughts are working on getting
everyone here up on stage.
But Ben, I would love for you to kick us off here.
I got to hear a little bit of this earlier.
So if you missed our earlier space, you definitely should check that out.
Small cap investing that we do at 1 p.m. every Monday.
But Ben, go ahead and kick us off with your market sentiment thoughts, please, sir.
I'm really excited right now.
You sound excited.
Can you tone it down, actually?
Well, look, I mean, I've been fortunate because we predicted this move with uncanny accuracy over the last 15 days or so.
So my portfolio is actually up since all of this started, I would say about
two weeks ago. And, you know, I had predicted the low of this whole tariff situation to be
tomorrow morning. I mean, that's how accurate the predictions have been in our community.
Came within a day. I think the low was today, not community came within a day.
I think the low was today, not going to be tomorrow morning.
There's like psychological and chart reasons and everything behind why I thought we'd bottom out.
Tomorrow morning, looking at the SPY, my target was either the 200-week moving average
or the high of the previous bull cycle, like before the last bear market, which is
back on like December 31st or so, or maybe January 7th, 2022.
So I thought we'd get to that level by tomorrow morning.
Looks like we got there today, maybe facilitated a little bit, meaning the bottom maybe today
came today, maybe facilitated by that fake news
that we had this morning on the 90-day pause or 60-day pause.
I think shorts got a little glimpse of what could happen to them if they were on the wrong
side of this, and that kind of limited the drawdown.
So we didn't exactly get to my targets.
The 200-week moving average on SPY there is 4,694.
We got to a low of 4,832, which, by the way, came within a few dollars of that support I was just talking about, which is 4,808.
Just within $15 of that previous high, right?
That previous high, just basic technical analysis is now support. So it came within a few dollars of that previous high, right? That previous high, just basic technical analysis, is now support.
So it came within a few dollars of that.
So I wasn't going to push it and say we've got to precisely get to that 200-week moving average
or the low is going to be tomorrow morning.
So, you know, we did well here in the past week.
We've had a profit.
We've been green over the past week.
So I reduced most of my hedge.
I have, like, maybe a 2% hedge left in SPXS. had a profit we've been green over the past week so i reduced most of my hedge i have like
maybe two a two percent hedge left in spxs just in case i'm wrong tomorrow so i have something to
trade um also got like a some other small hedges just very small but today uh i went shopping and
i increased my long exposure and i'm pumped you, previously I was expecting we'd see a huge rebound this week.
And I thought that catalyst would be like a light CPI print on Thursday.
Now, at this point, with all the tariff news, I don't think that's so pertinent.
And I think the catalyst is simply, you know, I don't think the news is going to get much worse from here.
And I think Trump had a really, really good Oval Office meeting today, in my view.
I thought that was a really good conversation. I saw lots of green shoots in there.
And the risk is to the upside. So I'm positioned for this. I'm looking for a pretty big rally.
We saw it, right? We saw it this morning. We saw what could happen, you know.
So I'm not sure that we need another catalyst like that to see that happen. I just
think, you know, we're technically at that near that 200 week moving average. And, you know,
every bad news has been priced in for now. Now, not necessarily is this the ultimate bottom.
You know, I'm not ready to make a decision on that.
We have to see how tariffs play out. But I think this is a very beautiful, playable bounce.
And I'm really excited. I'm positioned for it. So those are my thoughts.
Yeah, appreciate you kicking us off there, Ben. And you gave me a thought. I actually kind of want to ask an additional question to everyone.
What did you buy?
If you bought anything, what did you buy?
Today?
No, yeah, just in general.
You kind of mentioned it a little bit, but I do want to ask that.
So, Ben, maybe what's a couple things you dipped your toes in, if you did, any,
and if you're willing to share?
Sure. Let me just check out my alerts here to give myself a little reminder.
So in my long-term account, I added some root back, ROOT.
That's one of my picks of the year, which is still up very nicely for the year.
I had shaved some of that off in the last week or so, so I bought some of that
back lower. I also added NBIS today at $21.30. In my trade account today, I increased my
position on Kodak along with some Kodak call options. And then I also added, at the end
of the day, a nice-sized position in Soxl, S-O-X-L, triple levered chip semi-sector,
which is going to be one of my picks of the week.
I did notice SMH outperforming today.
So that is interesting.
I do want to pose that additional question as we go around.
So let's keep it moving.
Andrew, let's go over to you next and get some market sentiment thoughts.
And then the bonus question, what are you buying right now, if anything?
had this tariff announcement last week that was, in my view, just absolutely crazy.
And essentially, the market is behaving as if we're in the COVID crash, which originally didn't
make a whole lot of sense to me. But it makes a lot more sense now, given that essentially,
you know, during COVID, there was a huge supply shock and global trade and really the global economy shut down.
And if these policies actually go through, that's exactly what we're going to experience as well,
where there's going to be this essentially a shutdown of global trade and a really tough
sequence for the economy and any business that does anything internationally. So, so far, you know, the market crashed in a matter of days.
We've never seen something like this, where a sitting U.S. president enacts a policy or announces a policy,
and that policy is just so crazy that it literally crashes the market.
There was originally the thought by some that, you know, this is just 4D chess, like it's all
just to get bond yields down. But we can see over today's trading session, bond yields are actually
trading higher than where they were prior to this announcement. So we wiped out trillions of dollars
of equity market cap, and we really have nothing to show for it.
So everything is in a massive decline. The issue is that no one really knows if these policies are
going to stick or not. And that's the really tough thing. You can't really make big investments
against this backdrop of uncertainty. And I think that's why pretty much everyone has just done a
whole lot of selling
and everyone is hitting the exit at once because you really have no idea what's going to happen.
So yeah, really, really wild backdrop. With that said, the market is just getting down to such
oversold levels and the market has essentially crashed. If nothing happens by the 9th, which is now in
two days, there's a good chance we see further equity downside. But I believe at this point,
my view is there's no way these policies can actually go through. I mean, if the US president
does this, and let's say we get another 5% down day on Wednesday or Thursday, whenever these
policies go into effect, bond yields are moving higher or not moving down, the president's going
to lose support for these policies. And we're already starting to see these defections. We have
Bill Ackman, who is a huge Trump guy, starting to defect. We've got Elon Musk starting to defect.
So I believe if you're bullish at this point, really what you're betting on is this policy
is just so bizarre that there's no way it can actually go through. And that's sort of my bet
here. So I did do some buying today and my buy will be my pick for the contest as well.
I bought more of Uber.
And Uber, I think, is just an awesome pick for right now.
It's been my pick for the past couple of weeks, couple of months, because Uber is not directly impacted by these tariffs.
I think the businesses to really focus on, let's say you think there's a 50-50 chance these tariffs go into effect, 50-50 they don't.
I think it really makes sense to look at businesses that are asset light, businesses that are not buying and selling physical goods.
And that's exactly what Uber is in the business of.
It's really just an app.
And then same thing, we've got crude oil prices that are really declining.
And side effect of that, Uber driver is less on their gas bill.
And then you still have that big autonomous potential tailwind behind Uber. Uber is partnering up with Waymo, who really looks very strong in this battle for autonomous.
So that's what I was buying into this, you know, what appears to be some sort of
capitulation low. But yeah, it really comes down to, you know, just these policies, if they go
into effect, if they don't, and we'll have to see what happens. Well said there, Mr. Andrew,
appreciate you joining. And let's keep it moving along. Nick Drindle, let's bring you on next and see what your thoughts are around this market and if you bought anything today. And then, of course, after we get through all this, we will hit all the picks from everyone and we'll take a look at last week and see how that went. I say that in jest.
I say that in jest.
Thanks for probably not good.
I know mine were not.
I really, really enjoyed everything Andrew said.
And one thing that I want to bring up that we haven't talked about is just time frame.
So everyone here probably has different timeframes with trading, with investing.
Long-term, today I put some money to work in my longer-term accounts that I forget the password,
have to sign in, all that kind of stuff. Just buying the NASDAQ, buying the S&P 500,
putting some money back to work in those accounts. And it does look like,
money back to work in those accounts. And it does look like it, I think it would be really tough to
break today's lows, just be like, just given the number of, number of stocks, indexes, ETFs that
saw the highest volume in the last two, three years today, it really did feel like a, again, I don't know if it's a long-term bottom, but
a short-term bottom is more likely than not here. In my trading accounts, I went with TQQQ,
NVDL, PLT, U, just to get some exposure into the liquid stocks that were so far stretched down.
I did sell a majority of those into strength today.
I'm sitting with like 35% long right now,
just thinking the two scenarios in my head is we gap and rally tomorrow.
And if we gap up, I'm probably not going to put on any more exposure.
I'll just sit with what I have.
But hopefully, what I'm hoping for is kind of a scary gap down tomorrow that we get another
kind of shakeout because a lot of the volume today came in with the, I don't know if it
was fake news, I guess fake news that the tariffs were being delayed.
But if we can get another shakeout,
given how weak we closed across the board today,
I think that would be the best thing
for not just like a one or two day bounce,
but maybe like a week long rally back up to the 10 to 20 day EMAs.
But once we get past that point,
like there's just no leadership in the market.
Every time a group was holding up and showing relative strength, it got destroyed.
Energy got destroyed last week.
China stocks got destroyed last week.
Those were the two groups that had the best bases, had the best liquid stocks to choose from, and they both got annihilated.
So after the last three days, we're just resetting the deck here. And you don't
need to get too bearish, don't need to get too bullish. But if you're trying to trade for a
trend following system, you do need to stay patient because this type of volatility that
we're seeing, if you're trying to make big moves and long-term big moves for a trend,
to make big moves and like long-term big moves for a trend,
it's gonna be pretty tough mentally
to hold through all the volatility that we're gonna see.
So as a day trader, this is your paradise.
As a swing trader, you're shortening up your timeframe
to like two, three days.
And you're probably doing pretty well
over the last couple of days
because we just had a flat sell off
and then hopefully
a bounce here. But if you're in the camp of kind of like canceling growth stock investing,
it's going to be a long time until we get clean bases. It's going to be a very long
time before institutions are going to feel confident enough to put their capital to work
and aggressively accumulate shares like we saw in 2023 and 2024 with some
market leaders. So depending on your timeframe, this is the best of times or the worst of times
just sitting out and sitting in cash and relaxing. For me, I'm trying to play some oversold bounces,
but with the mindset of after we do get this bounce, don't try to overstay your welcome.
The 20-day is sloping down.
The 50-day is sloping down.
The 200-day is sloping down.
We're below all the key moving averages still.
It's going to be a while before we get into an easy dollar environment again.
It was the best of times.
It was the worst of times.
I feel like I've heard that somewhere before.
I don't know.
Maybe it's a Nick Drendel original.
We'll leave it at that.
It's not a Nick Drendel original.
Do not sue me.
All right, Nick.
Well, I appreciate you going into that deep dive for us.
Let's keep going around.
Mr. Chris Patel, you're up to the mic next.
Bro, I had the worst pick last week um just goes to show sometimes uh
when it comes to trying to figure out you even like when you did it you felt dirty when you did
it too like yeah i feel like you immediately regretted it when you picked it yeah yeah i'm
just not a leverage person i i typically try to look for value in like long-term stuff with maybe some like short-term
swings here and there. But it's, it was just like, I think I got caught off guard like everyone else
with figuring out, trying to basically rationalize a lot of the moves that the administration was
making around tariffs. And you know what? I think initially when the news came out that they were
going to do across the board, 10% tariffs, the market actually rallied.
But then when we saw the real numbers, everyone's like just jaw dropped, you know, and I think we're living in that zone of chaos.
But the good news is I think that there's some news out there that's coming out with Scott percent meeting the Japanese trying to negotiate some trade deals here and there. I mean, I think volatility is going to stay with
us at least until the end of this next quarter. And especially if we get news that the tax bill,
the big quote unquote, big, beautiful tax bill ends up going through, you know, trade deals like
are trickling in. I think that could provide some stability for
the markets to basically not necessarily get back to all time highs, but at least stabilize a little
bit for now. So I'd say this is where I'd be cautiously optimistic about certain companies
and start to add, especially if you're a long term investor, you're loving seeing Google trading at like 16 forward PE, you know, and
Nvidia people were like begging for it at a hundred dollars. Now it's way below that. Now
you're getting your opportunity again. So for me right now, if your mindset and if you're
looking five years out, then there's a lot of great value plays out there.
One thing I just want to basically parrot the same thing that storytelling said, you
know, this is a man-made problem and it's going to come with a man-made solution, right?
So it's a quick drop because of all of the stuff that happened.
But even the Trump administration knows that a bad economy is going to cause a lot of tension in the House and the Senate.
And the big, beautiful tax bill, to moderate some of their tone in
order to get their votes necessary to pass this bill. So we'll see what happens. I personally,
I've seen my portfolio take a nice little dip, but it's okay because I am a long-term investor
and that's one of those things that you have to deal with as an investor, which is deal with the
volatility. Some great opportunities have presented themselves where companies are going to do well, irrespective of the tariffs. And those are companies that I wanted to be in anyway. So I'm just going to double up on them.
and uh chris last question did did you really did you purchase anything friday today or
this morning no comment no i purchased more venture global like i'm a firm believer that um
long-term liquidified natural gas especially this specific company that just ipo'd
has a really strong earnings profile in the next two to five years.
So I think right now you're getting such a great value play. It's literally a market cap that's,
it's got like $16 billion market cap with EBITDA guidance about 7 billion right now.
So it's kind of crazy to see it at this low. They've got 4 billion in cash.
And like I said, they're probably going to have enough latitude to start doing share buybacks
at an accelerated pace while the shares are meaningfully undervalued from their IPO price.
I mean, we're already starting to see some companies that do have tremendous levels of
free cash flow starting to deploy. Like Broadcom today just announced after earnings that they were going to
do about a $10 billion share buyback. So I think right now is a great opportunity for a lot of
companies who have been unceremoniously moved down to buy back shares at a much, much more
cheaper price than what the original plan was for them.
So they might accelerate buybacks a little bit right now.
Appreciate that response there, Mr. Chris.
Trader Nate, let's go over and get your thoughts next.
Appreciate everybody's thoughts here and hope everybody that's listening is paying attention.
I really liked what Nick had to say in particular.
And it's nice to see, I don't know, Andrew's reconnecting, but Andrew talking about Uber.
I also bought Uber today.
So just to get to what I bought recently first, today picked up shares that Uber added to that position and then or excuse me started that
position and then also added Google added to the Google position so that was also just discussed
so I think both are great picks here and you know we could see continue selling and continue to drop
a little bit lower than these levels but I did like taking a little nibble here today for sure. And then I also,
last Friday and then again today, added two EWL, which is an ETF Switzerland ETF, actually. So
just getting some international flavor there. And excuse me, it's the iShares MSCI Switzerland ETF.
Excuse me, it's the iShares MSCI, Switzerland ETF.
And, you know, they've got a fairly stable economy, low debt, overall strong fundamentals.
And so I just wanted to get some international diversification.
And so that's an interesting one I thought I'd mention here.
Overall, though, you know, if we do, I think I'll repeat a little bit of what's been said.
I do like the idea of trading bounce and capturing some upside in the near term, the very near term.
But some key levels really need to be overcome before I can get excited for a longer term.
But this is, you know, I guess probably the levels I'm looking for at SPY is first getting above 525.
And then a long ways away is 570.
And until we can get back above that level, it's going to be really tough to get excited.
Same thing, we see some day cap bounces and selling off.
So, you know, trade accordingly.
But for the longer term portfolios, these are the levels I've been looking for.
You see the 200-day moving averages sliding in.
That's where I like to buy if you get those opportunities.
And for those that have been around a long time, you don't always get those opportunities.
And so having cash to deploy and take advantage.
And I've been getting some phone calls.
I shouldn't say a lot, but I've been getting a couple phone calls.
And, you know, the questions from family members of, oh, what are you doing with your 401k?
And are you nervous?
Are you going to bonds?
What are you doing?
And so that tells me it's a great time to buy.
Historically, that's always been a great time to buy for me.
And I'm trying to find those opportunities where multiples aren't out of line.
And Uber fits that bill.
So that's that's why I made that purchase today.
So, yeah, looking at those 200 day moving averages, you can also take a look.
I've been looking a lot at the monthly charts and those coming down to the 50 month moving average. And there's a number of sectors and names.
It's going through each sector.
They have hit that 50-month
moving average or gotten really close to it. And there's a number that are, you know, already below
and looking like they're going to continue to move lower. So it's definitely a stock picker's
market, which I know is cliche to say, but I think it is really the time to be evaluating
and looking at multiples, looking at your charts and trying to find levels
of support and start nibbling where it makes sense. But again, we could go lower here and
that wouldn't be too surprising to me at all. So we got a long ways to go before super confidence
will enter back into my trading for, you know, getting super bullish again. But this is, as I think was mentioned,
I think maybe it was Chris that mentioned it,
but regardless, it is a man-made problem here
where we have the ability
or the administration has the ability
to flip the switch pretty quickly.
And especially if there's news coming in
that they're getting the action
that they're looking for or if they're just going to back off of the,
you know, which we haven't really seen.
I think maybe in the very recent hours, there's been headlines coming through,
but I'm not sure.
But basically we haven't really seen any relenting.
So all of that could be a pretty quick flip of the switch.
And so I'm going to go ahead and start buying a little bit right now before we
get to those lower levels. And I'll hang out with my picks for a little bit here,
then I'll hand it back. Sounds good. Appreciate that, Nate. Yeah, I've heard, um, I've heard
this talked about a few times. It is interesting if, if this does become the first like quote
unquote man-made recession, um, that, that, that will be something very, very new. So, I mean, we're, you know,
a lot of us trying to draw parallels to past events, you know, because history doesn't repeat,
but it rhymes. But at the same time, if this is the first kind of man-made or self-inflicted
recession, that will be kind of an interesting thing to watch play out. Maybe a new one on the
bingo card there. But either way, appreciate those thoughts nate and mr jordan ace the kid what thoughts do you have well just uh interesting to what you're
saying there right do we not think covid was kind of man-made push down for stock prices all right
before we get shadow ban no i'm just i'm just kidding. No, that is interesting. But it wasn't self-inflicted from the U.S. side, maybe.
Maybe.
True.
Question mark.
That does make sense.
But, yeah, I guess everybody's going back and forth trying to figure out exactly why things are happening.
And at the end of the day, I just don't care.
Prices are coming down.
We're getting everything on sale.
Obviously, tariffs are heavily impacting everything. But I mean, I think there's a lot
of people that are genuinely thinking like, this is it. Like, it's all over. And I just don't get
it. I just look at the history of the stock market and seen what's happened during every negative
catalyst we've ever had. And we have 100% success rate of rebalancing. Now, you know, a lot of people are saying this time's different, this or that.
Again, nobody really knows, you know what I mean? So I'm just taking my shots kind of like Nate. I
mean, you get these big sell off days, man, I kind of feel like you have to be taking some part in it,
even if it's just small. So I mean, when we're getting back to back 5% down days, I'm absolutely
buying but I'm keeping it chill. I'm out of all my individual names except for Tesla. I'm solely
just buying QQQ and VU and keeping it simple because I'm so focused on the short term trading
right now as well that I really don't. I honestly don't trust myself with investing in stock picking
with individual names right now. I'd rather just keep it simple and, hey, I'll get exposure to all of those names
that I was once holding through the S&P and QQQ.
So I'm happy with that.
It's just a little less stress on my shoulders, I guess you could say.
But at the end of the day, I mean, this market's tanking.
The volatility is high.
I mean, you guys could see it in the intraday trading today.
I think we had a few one-minute candles that were almost 300 points. It's just ridiculous out there. So
definitely got to be careful in terms of intraday trading. Sizing is extremely important
with VIX the way it is. But other than that, in terms of investing, man, I just I think this is
a whole nother opportunity coming our way to be able to get some really low prices. And you know, if I'm wrong on that,
if this indeed is the time that everything goes to crap, I mean, I'm a young guy at the end of
the day, like things, money will be made back. I'm not extremely worried about it. I know that's not
the case for everybody, but just for me personally, it's like, Hey, we're getting opportunities. I'm
taking shots. If I'm wrong, I'm wrong. And if I'm right, this is going to be life-changing at the end of the day.
So I'm loving this market.
I think it's full of uncertainty and craziness.
And you really got to keep your head on your shoulders right and know what you're doing.
But I think if you do know what you're doing, this volatility is just a blessing.
Some days it's too much for me, actually, lately.
I was wishing for it.
I was wishing for volatility all through
last year. And then we get it. And now it's like, whoa, this is a little much when a single one
minute candle is 250 points. It's mind boggling when you can go into that environment and make
that kind of money. And God, I stress it for new people. If you're coming into this market right
now, you got to be very careful
and just know your risk.
It's all about risk management in this market, in my opinion, and really taking a lot less
shots, I think, and just taking, taking those A plus opportunities when they're there.
But, but yeah, just to wrap it up, keeping it simple SMP, that's what I'm buying.
And, uh, and yeah, we'll see where this market wants to go.
I obviously, I mean, I have no clue,
but all I know is what we can play off of what's happened time and time again, year after year.
And so I'm just going to follow with that sentiment because that's our job, right?
Probabilities. And the probability says that we should go right back to highs. Obviously,
when I say right back, I don't mean like tomorrow. Obviously, this shit's going to take time. It's
not just going to happen overnight. But I do expect to retrace right back to where we came from at some point so
he's gotta be uh gotta survive it now
young what is it resilient and enough to lose it all young enough to make it all back yes sir
yes sir humble enough to to lose it all and and is that? Oh, I forgot the exact saying. It's like smart enough to risk it all or something. I forget exactly. But yeah, something along those lines.
Some of us have different timeframes and different risk profiles and stuff, of course.
I'll top off the thoughts here and just say, in general, we've come down to some really interesting areas.
I know I personally was looking left pretty far and looking at like 2021 highs and seeing a little bit of a bounce there.
From a technical standpoint, I had a FIB extension that we hit on
SPY today. One thing I just did notice intraday that was interesting to me was we had that news
candle, right, that immediately got walked back and reversed. But I feel like in a normal scenario,
a lot of times if you saw news walked back up like that, it wouldn't just reverse to where that news was released.
It would reverse through that. It would be more cataclysmic, I guess, in a way.
It was kind of just my thinking.
And the fact that we held there all throughout the middle of the day and still found a way on the NASDAQ, at least to close green.
the NASDAQ, at least to close green. And even if you go like on NQ, if you go to your daily or
weekly chart and go look at the highs and the zone, kind of draw a little zone on NQ back
from the 2021 highs, we basically held that kind of at the lows last night. So a couple little
pieces that I was paying attention to that I thought was interesting with where we're at,
the big picture of things. I personally was buying a decent amount of things on just a lot of the core stuff that I like.
I was buying on Friday and then this morning on the open, right on that dip,
I was adding a little bit more, which I'm more of a tech-focused type of trader,
more really closer to the NASDAQ side of things.
So I opened up this morning i
took another nibble at spy and qqq and then i went through um i chart and follow the top 10
holdings of qqq pretty closely so that's your mag 7 and then it's broadcom which is actually
weighted heavier than a couple mag 7 names for those that maybe haven't checked into this. And then Costco
and Netflix are also on that list. So what I did was I have eight of those that I actually added
to a little bit today, just kind of a planned thought of mine that I made on Friday. So that's
kind of where I'm at as far as what I'm doing right now. I'm still heavy cash. I think Nick
Drendel maybe was saying this, but I'm still right around,
I looked at 30% cash in my portfolio, but I did deploy some Friday and today. And I won't hesitate
to deploy a little bit more. I'm kind of like Jordan. I have a pretty longer timeframe. I do
have disposable income that I'm able to thankfully have and add in here and there at times. So, you know, for me,
maybe it takes 18 months, maybe it takes five years, but I do think we will be at higher prices
than we are now. And it could be shorter than that. So I figured this was a good time as any
to start adding. And that's what I've done. That's my plan. Hopefully everyone follows
their own plan. And with that said, that's kind of my general thoughts.
It is kind of an interesting market scenario right now with all the news going on, all
the things changing rapidly.
So we'll see.
I mean, we may be in a whole different scenario.
We may get our dead cap balanced by next week.
Who knows?
We may go lower first and then get it.
I really could not tell you, but I am looking at some individual
names that I like, just adding onto those. And then as Jordan was saying, on the trading side
of things, I've been just more of a spectator than anything. I mean, I sat on a live stream
today, took one trade, pretty small size and pretty small risk reward, basically. I widened
the stop, but just basically was trying to get something on the board and walk
away.
And that's just how I've been approaching this.
I trade with probabilities.
Jordan mentioned this, the trade with probabilities.
And right now, things are not normal.
These are not normal market conditions.
We don't have normal times going on.
So why would I trade my normal system in that scenario?
So that's my
approach. That's my thoughts. I do want to take a quick, we'll be very brief on this. Last week,
the market was down 9.5% on the S&P. QQQ was down 9.3%. As a group, we collectively returned
minus 11. So we did not beat the market this past week.
But we did have a few picks that did beat the market and outperformed the market.
Hey, that's pretty good for us beating the market almost every single week.
Oh, no, no.
Our track record is fantastic.
Phenomenal.
I mean, even we could talk about, yeah, we could talk about a lot of things here.
But there's been some fantastic picks given out here.
And honestly, we had, wasn't just a couple of weeks ago,
maybe three weeks ago or so.
I think we had a week where we were collectively up as a group, like 9%,
like very, very, I mean, way outperformed the market that week.
So we've, we've been, it's been interesting.
And everyone is kind of like picking different directions different types of of picks uh except for chris i think he fell into the peer
pressure at one point um oh we lost chris we'll get him back up here if he's available and get
those picks i'll tell you right now amp i have no idea what i'm doing it's a shot in the dark
you just you're shooting in the barrel right now is when i well i'll give you uh i'll come to you
last and and uh we'll get back to you.
Last week, I do want to highlight some of these picks that did beat the market
because we had Ben over at Story Trading, TMF, the leveraged TLT on the bonds,
did beat and outperform the market.
Who else did we have?
Trader Nate, PLTR, actually outperformed the market. Who else do we have? Trader Nate, PLTR actually outperformed the
market. And we'll sneak in CP&G, Coupang. We'll sneak that one in. It's right at even with the
market. So as far as things that performed or outperformed the market, Uber from Andrew,
who's picking that again this week for both of his picks. We let some people double
up on picks last week. And honestly, Ben, I'm okay with doing that again. The best pick of the week,
this is the only confident pick that I could even muster up in the entire market. I was looking at
this Bitcoin short that I've looked at for months, basically at this point, but especially over the
last three or four weeks,
I've really been looking and talking about this Bitcoin setup.
For the short side, it played out.
It pretty much hit all the price targets.
If I had three price targets, it hit two of them.
So I'll put it that way, which did return.
I'm not going to sit here and go on this rant or anything,
but it did return 11.44%.
So that one beat the market on the Bitcoin short.
And that happened literally like toward the end of the week. Because Ben, you had me beat for a
good while. I mean, I think Friday afternoon, even you were still very, very close to beating
me, if not still ahead at the time. And then a little stick save there as we got the gap down
this morning. But anyways, we'll move on from last week's picks
and we'll go ahead and jump into this week's picks and ben um you outperformed the market
i'm gonna let you go first uh thank you and uh you know you did great just letting everyone know
your average was 3.6 you had another good pick walmart. Walmart was only down 4%. So you had actually two of the best picks on the board.
My TMF will almost match the Walmart, down 4.37%.
But you're right, that was up pretty big until today.
The bonds did not work today.
But in any case, two picks for you.
Look, that Socksaw I gave you earlier, this is just really a beta play on Spy.
But, you know, looking...
The thing is, like, I'm really...
I don't...
It's tough because it's a weekly competition.
Like, I really want to play this personally.
And who knows what happens by next Monday.
But I'm planning on this just as being like a one-day trade.
I'm expecting at some point this week we'll be up 5%, 6%.
The stocks will be up 20% or something.
That's what I'm looking for, and I'll be out.
I really don't know where we're going to be by next Monday, to tell you the truth.
And just look at the SPY chart.
There is continued risk there to that 200-week moving average, which is like around 460, a little below 460.
So just be careful.
If you want to follow on this SOXL, I don't think the coast is clear to say this is the bottom and this is a long-term swing.
This is just a tactical position looking for a bounce, whatever catalyst that might trigger it this week.
So, all right, that'll be the first pick.
Second pick is one that I talked about in the small cap spaces.
Not Kodak, right?
We talked a lot about Kodak.
But the other one, because I just want to, you know, try to go for all or nothing here, it's an earnings bet on Burna, B-Y-R-N.
Burna reports Thursday morning.
The stock has been absolutely demolished.
They pre-announced really good revenue.
And they also pre-announced, well, it was before these latest set of tariffs.
They also pre-announced that the tariffs will not impact them at all.
But now, I don't know.
Now, with the new tariffs, that's a little bit of a question.
And I do want to mention something I mentioned on the small cap show at one o'clock,
is that any earnings plays that anyone does here, whether it's betting before or even waiting, waiting for after,
the key is not going to be the results, not going to be the revenue, not going to be EPS,
not even going to be the guide if they happen to give a guide. Most companies won't give a guide. Some of the smaller domestic
companies may give a guide, at least on the revenue side. But the thing that's going to move
a stock after earnings as we enter earnings season here is whatever the qualitative commentary is
on how tariffs, as they stand now, right, if they're going to affect the way they stand now,
how are those tariffs going to impact their business? Or even in whatever, even if it's
not as they stand now, whatever qualitative commentary there is. So the first place I'm
going to look at on any earnings release, including Berna, is just scanning for text about tariff
impact. And then listening to the conference call
and listening to what they say going forward about tariff impact.
And it's very much going to be a sentiment-driven market
in terms of these earnings reports.
And you've got to make that judgment call
based on what management is saying.
How is the market going to interpret this?
Are they going to be largely avoiding the tariffs? Is it an issue? Is it a question mark? And that's
what's going to drive stocks in these earnings reports coming up, in my opinion, in these
earnings seasons. So that second pick is Burna, B-Y-R-N, definitely a little bit of a risk here.
You know, one of the things I've been doing is this is my largest position in my trade account.
And I managed to hold on to this and two other stocks.
I've been long three stocks throughout this entire downturn in my trading account.
It's Kodak, Berna, and AST Space Mobile.
And I've been able to hold on to them because hedging that I've been doing on the, you know, betting markets
been going down. And as a result, I've been able to hold on to these three positions,
even though they're all significantly down. And I've been able to do it with my account
value slightly up over the last two and a half weeks or so. So I kind of did that by
design. You know, when I do the hedging, I'm kind of looking at my account value.
I'm like, all right, did I make enough money on the hedge?
I might break even.
Oh, I'm up a little bit.
Let me close the hedge.
Because my goal is I want to be able to stay in some of these my favorite stocks ahead of whatever catalysts I'm looking for.
And if I could do that with my stock account, like like to me that's a huge win and
that's what I've been shooting for that's what I've achieved so now I have
some optionality upside on this on this earnings report this week for Burna B Y
R N it's SOXL which I did notice today SMH I think was our leading sector of
at least the main ones that I watch. So
semis leading the way a little bit today. So SOXL, that's triple leverage semis, essentially,
from Ben at Story Trading and BYRN, the two stocks there. From Ben on the long side, both of those,
of course, Mr. Andrew, real for String Capital, he had to drop off and go to another meeting.
He sent me a message, but he is taking Uber on both of his picks, which right now I'm completely fine in this current market condition,
completely fine with someone doubling up on one pick, especially if it's a high conviction pick or just the only one you really somewhat feel decent about.
And Nick Trindle, let's go over and get your picks next.
Yeah, I think I'm just going to go with broad-based index.
Has anyone chosen TQQQ yet?
No, not yet.
Okay, I'll go with that.
When we get into these really, really stretched situations,
there's basically no good looking charts.
So I try to get exposure just in the general indexes,
at least eliminate one risk,
which would be like picking an individual stock.
So we'll go TQQQ on the long side.
And then, man, alongside and then man one short that i will see how this week plays out but one thing that i'm watching for is if we get a
small rally in yeti y-e-t-i that like weekly and monthly chart just looks ready to completely break down.
It's been basing for, I don't know, three years now, right near the low of that base.
And if you notice today, down another 4.7%, closing relatively close to the low.
So it's a tough time to pick a short, but this is something that is on my radar now for probably the back half of
this week or first half of next week.
If we do get like a weaker bounce,
just trying to get some short exposure there.
So TQQQ.
And what was the second ticker?
Yeti.
Y-E-T-I.
Yeti. Oh, that's right. You're shorting the coolers.
Yes.
That may actually work when I think about it.
If the consumer is concerned, I mean, they're probably not going to buy their $400 coolers.
I can see that. No, but I like your thesis much better there.
All right, Nick, appreciate you.
TQQQ on the long side and then Yeti to the short side.
Let me make sure I get that correctly in our tracking sheet here.
Perfect. Got it there. Appreciate that from Mr. Nick Drendel.
Trader Nate, you're up to bat.
Appreciate it. And yep, this is one of my favorite times of the week because I do like to do short-term trading and focusing on weekly trades is right up my alley.
So this week, I agree, though, when you're looking at charts, they're a little extended.
And when you get extended, it is hard to find nice setups.
But that being said, last week I had a name that showed some strength.
And today in particular, a lot of buyers stepping in.
It's still a riskier play, but Palantir, I'm going to roll it back,
or run it back, excuse me, PLTR, go long Palantir for the first pick this week.
And, yeah, again, you know, it is kind of tough to pick the exact right spots here.
And I'm kind of waffling on my next pick, but I think I'll go ahead and follow through.
We'll see if Bitcoin could bounce and if the cult following that hood has developed will also step in here.
A lot of buyers came in for a hood today.
So I like this for my second pick going long.
I've got some overhead resistance here coming in right around 37 just some overhead supply but if we can get through it
i can really run and push up into the low mid 40s pretty quickly i think so right now currently
sitting at 35 70 i think if hood can get it going, break through the anchored VWAP from its low
that it set back in August of 24,
that would be a nice level to bust through
and continue higher.
And then as I mentioned with Palantir,
it had a lot of buyers stepping in today,
decent volume.
It's not the best setup,
but it's caught my attention
and I'm going to go ahead and run with it.
So those will be my two picks this week. We'll see if we get some good beta from them. And five days is a quick
return. So I do have the sneaking suspicion that end of the week, well, if you get a little excited
about gains, because if we do get this big bounce here tomorrow, Wednesday, even as we get to end
of the week or next Monday, some of it might give back pretty quickly. That's the nature of this
volatile market. So just keep that in mind, I guess. And I'll hand it back to you, Em.
So you're going to take PLTR on the long side and then hood, just regular hood. Is that correct?
Yes, sir.
Awesome. Awesome, awesome.
Just making sure you didn't want any 2X leverage action there.
It will be interesting as these picks play out over the next week.
We could see some of these picks literally go up 6%, go back down 4%,
and end up right where we're at today.
I honestly, the next five days of trading is going to be absolutely wild.
I have no idea where we end up, but it will be interesting to watch some of these names throughout the week.
That's one thing. Obviously, having the tracking sheet here and Ben as well, we can kind of check in throughout the week and see what's going on.
And of course, I know a lot of you do put a caveat on here. You say, hey, if you see profit, take your profit.
I do want to make that clear for the audience.
Jordan, what did you scrounge up there?
Did you reach deep down in the backpack and find anything for us?
Maybe something.
I don't know if anybody took it, though.
Did anybody take Netflix long?
And I say that because...
No, it's yours. No, it's say that because. Why?
No, it's yours.
No, it's yours.
It's yours.
Dude, shot in the dark.
Take it.
NFLU, NFLX.
Give it to me.
NFLU, 2X leveraged Netflix.
And then NFL.
I'm going to tell you right now, though, just for the audience.
I am strictly day trading futures at the moment, and I am being very picky.
So these picks I'm talking about, I am not taking any positions on them whatsoever.
I usually try and talk about picks.
I'll actually be trading, but no, not this.
So I'm trading futures only.
Just want to make that clear.
All right. So Jordan is, you're almost tripling up, I guess, if we're being.
Triple it up.
So you, because it's Netflix long and then it's two X leverage Netflix long.
I love that. I mean, Nick Drendel's got triple QQQ. So I like that.
Come on, baby.
But I think you found a way to triple Netflix.
You created your own triple Netflix here.
I'll make it.
If anybody's going to do it, you know, it's me.
Come on.
Absolutely.
Well, shout out to Rexhares, of course.
You know, a lot of you guys know that we've done some work with them.
And NFLU is the 2X Leverage Netflix ticker.
And then NFLX is the regular one one so both of those for jordan
and uh oh i was actually considering taking netflix so now i've got to really because i was
i don't know your luck with bitcoin lately is pretty good you might need to stick with that
okay so so first little first caveat was i I wanted to run it back.
But my problem is I think it's going to bounce into a short.
And where are we right now?
We're at 79.4, which this is basically we're at halfback.
If you go back to the lows that we made last year, like in August on that little pullback to the highs, we're essentially at the halfback spot.
I mean, sitting right on it.
And that's why earlier when I mentioned, I said, OK, target one was pretty much hit when we broke down to here.
And then when we took out the recent low from back in March, that was kind of target
two from a trading perspective. And my real full target would be at least that 73 and change. I
really want it 72-ish, but that 73 and change of the previous all-time high that we made when we
first broke out was in March of last year, March of 2024? The problem is I think this thing could bounce
into the 82, 83 and then continue down longer. But you know what? I'm going to stick with it.
And maybe it takes a couple more weeks to play out, but I'm going to stick with it, Jordan.
You talked me into it. So I'm going to take BTCZ. Again, I'm going to run it back. That's 2x leveraged Bitcoin
on the short side. So I'm long the short ticker, just to clarify that here for everyone. And
my second pick, I almost went with a bank, either like JP Morgan or XLF in general.
The problem is they all report on Friday. And I don't
know if I want to, I heard Ben hesitate a little bit as well as this earnings season. So I'm going
to stay away from it because I feel like Jamie Dimon may come out and be like a voice of reason
and maybe like the father that gives like a little scolding. And so i don't really want that to be on my docket for uh for my pick in case
there's a bad reaction in the stock but i did notice the banks actually acted decently well
today i know it's bank of america as well was up nicely but instead i'm gonna go with the tech name
i'm gonna go with avgx this is broadcom this is avgo uh 2x leverage they announced a buyback today
and i'm wondering if we don't see more follow suit but i noticed they were they've been absolutely Avgo, 2x Leverage, they announced a buyback today.
And I'm wondering if we don't see more follow suit.
But I noticed they've been absolutely beaten up.
But I noticed they were very strong on the bounce today.
And then after hours, we'll have to see where it opens tomorrow, of course.
So that could be the danger here a little bit. But I'm going to take AVGX as my second pick because I just think with the buybacks,
if you're looking for any type of positive catalyst outside of tariffs, obviously,
Evan made this comment earlier. I think I kind of agree with him. If you had any bad news right
now and you're not in a blackout period with earnings coming up, now's the time because I
don't think the market really cares about anything outside of tariffs, right? But a positive news, if we start to get some type of dead cat
bounce throughout the rest of this week and we're still maybe up higher the next week, I like
Broadcom. It was the strongest one I noticed today out of the gate
and also with the buyback announcement after hours tonight. So we'll see how that continues.
So that's going to be my picks here. I am finishing up a tweet that we can get pinned
up into the nest. And yeah, we'll see how these play out let me get this tweet up really fast here one second
we do have a great conversation coming up with wager here at the top of the hour if you are from
the wager team please go ahead and request up on stage and uh if you're a part of that conversation
would love to get you guys rotated on so we can dive into that we do have jordan you know what
we have tonight we have the national championship game the end of march madness i know i know trader nate's gonna be
watching that nick drendel are you watching absolutely i have florida winning it all
did you have them from the get-go yep interesting i had uh i had auburn and houston Houston as my top two.
And boy, Florida was just too much momentum for Auburn.
But Houston, I'm riding with Houston tonight.
We'll see what happens.
I don't know.
I'm excited.
Have you been trading any?
Just a separate question here, Nick, as I get this tweet posted.
Have you been trading any of the Robinhood contracts?
No, I try to stick to the stock market.
Stock market only?
Yeah, I don't want to, like, I don't know.
With all that gambling, you bring that kind of mentality or you let that mentality drip into trading,
and I think that could be pretty devastating.
So I'll do some sports betting when I'm in Vegas,
but outside of that, I don't have any of the apps or anything like that.
That makes, it makes perfect sense, of course. All right. This, it just,
it's been interesting to me to watch those and watch how traders have played
those, you know, buying the dip on a,
on a sports prediction market or whatever it is. I don't know. I'm,
I'm more of a fan of give me a spread, give me something I can actually bet. So we'll see. And we may have a little conversation about
that here coming up soon. I am tweeting this out right now from the Wolf Financial page. I'll
pin that up top. And I do want to say thank you. Let me get that pinned up top. I do want to say
thank you to all of our stock pickers. I know Chris Patel had to drop, so we weren't able to
get any of his picks in here.
We'll make sure and get those next week for you guys.
That tweet is pinned up top.
And yeah, let us know below that tweet, which one's your favorite?
Who do you think takes the cake this week?
And can we beat the market?
Can we beat the market?
Maybe we should have just picked Spine QQQ and tried to beat the market.
But either way, I do see we have a lot of the team coming up here.
Big shout out to all of our pickers. Make sure you follow them. Ben at Story Trading,
Trader Nate, Nick Drendel. We had Chris Patel up here. Jordan was up here as well. And Andrew from
Real Pristine Capital. Appreciate all of the crew that comes in each and every week. And with that
said, I'm going to rotate this conversation right here at the top of the hour.
I've got some people joining us here.
Let me double check and make sure we get all the correct accounts up here.
I see Scotty is on the way.
Perfect.
I'm looking for a Jared and Connor.
And we will make sure everyone is up here on stage.
And if I'm missing anybody, please somebody let me know.
What's up, Zach?
I see you sneaking into the conversation up here.
Hey, how are we doing tonight?
Fantastic.
Zach, before we rotate this conversation over, I've got to hear, who are you on tonight?
What kind of action have we got going?
Yeah, well, I mean, to be honest, there's not a whole lot to separate these teams as evidenced by the handicap, right?
It's in the last 36 games, these two teams have are 35 and one combined, which is just pretty wild, especially considering that the level like the teams that they've been playing.
especially considering that the level,
like the teams that they've been playing,
you look at Houston, even,
it's one of the toughest paths probably
that any number one seed has ever faced
to reach the final game.
Even Gonzaga, who they faced in the second round
as a eight seed, I believe.
Gonzaga was still a top 10 team in Ken Palm.
So, I mean, they have faced a gauntlet
of a path here to get to the final game. But, you know, this is what we want to see. These are two
of the best teams. If not, you know, it's hard to argue they're not the two best teams. You could
say, you know, no worse than top five, certainly. But I think that's ultimately what I'm excited about.
I personally am rooting for Houston.
I do have a Houston future spat that I put in a few months back.
I haven't put anything else in, like, as far as just side total on tonight specifically.
But, yeah, just still kind of riding out that 10-to-1 future that I got Houston on a while back.
But yeah, I mean, great game.
Definitely excited.
Two teams that are, I think, pretty fun to watch.
Should be a really good watch.
Awesome.
I love it.
All right.
Well, we have some of the team joining us up here.
The Wager account is up here with us. Just sent a co-host over to you. Who do we have behind that Wager account today?
Hi, guys. Thanks for having me. My name is Jared Bufier. So I am the it is great to have you. I know we've got Scotty coming up here as well. I was taking a look around to see if I could find there is Connor right there. So, Jared,
I would love for you to kick us off here. I want to hear a little bit of an introduction to
what Wager is, a little bit of the backstory. Yeah, so what we've been doing, we've been
building out the concept for the past 18 months or so and
then actually developing the product for the last 12. so today really what we want for people to get
out of this is to go away and just think about the online gambling as a whole and just think
is this the final state or can things actually be improved for the user? So over the past 12 months or so,
we've sort of explained our vision to investors,
affiliates, gamblers, friends, whoever,
and everyone has just kind of had this light bulb moment
where they've just said,
huh, this actually makes a lot of sense.
Why hasn't anyone done this yet?
So it's going to sound like we're deviating away
from talking about our product
a little bit, but we just think there's a story to tell about the industry and I guess
what's missing and really the problem that we're trying to solve. So our vision is quite simple.
It's just to create the best possible experience for online betting and always be better than
yesterday. So what that means for us is to just continue innovating even once we've
released our products.
So we started building this because we sort of felt like there was real
innovation with the rise of the largest current crypto casino.
You know, they came out and changed the way that the crypto market really
gambled.
So they got a huge market share.
And then what did we think happened?
The innovation kind of stopped.
And we think the customers still don't really have what they need.
And you look at the industry now and there's still a sea of imitators coming out, no real new tech, lots of re-skinned ideas and white label products and yet everyone still seems
to be doing quite well out of it so to me it kind of reminds me of the blackberry or myspace scenario
in a way you know they're all clear market leaders and innovators in their sector at their heights
people would have assumed that they'd never fall, right? And then, you know, they pioneered completely new sectors
and did have a stronghold on the market.
But then Apple released the iPhone.
Facebook came out and MySpace wasn't so relevant anymore.
And why do I say this?
I guess it's because I believe when the clear market leader
gets complacent and stops innovating in the sector
that they've created, someone new will come along and really finish that job. So I think,
you know, not being satisfied and working harder is really what can make a market shift. And
no one really ever suspects that this can happen either, but it always seems to be one thing that
gets the job done in our experience and that's um user
experience so we really believe that the crypto market and potentially even the online casino
market as a whole is in this current stage and that's why we built wager essentially so we've
got plenty more up our sleeve that we haven't announced but we're just going to sort of talk
about the the early stages of the product and I do want to put a caveat here. We're not saying that there is no innovation
happening. There definitely is, but I believe that it's more in niches that aren't really
relevant already for the sort of whole of mass market adoption at this stage.
market adoption at this stage. Beautiful. Appreciate the introduction there, Jared. And
before I go around to the rest of the team, I did just pin a tweet up top with a little bit more
information on Wager. If you are interested, if you like what you hear tonight, definitely check
it out. Check out that website, wagercasino.io. And make sure you follow the account that you
see up here. And Jared, I did send you a co-host if you want to grab that.
And in the meantime, I do want to go around and hear from the rest of the team.
Scotty, if you want to jump in, I would love to hear a brief introduction from you.
Howdy all.
I just want to start off by saying go Gators.
I love whoever said Houston earlier.
There's not much separating this game.
If Houston stayed physical the whole game, that should wrap it up.
But Walter Clayton Jr., man.
Walton Clayton frigging Jr.
That kid's special.
But, yeah, my name's Scott.
My Discord handle's Top Hat.
If any of you join us in there and you see me posting, feel free to say howdy.
I'm the head of affiliates for Wager, so I'll be managing most of the networking and personable relations.
Pretty exciting times as we draw closer to our launch and to see the interest across our, I was going to say my industry, but our industry.
Hearing you all talk about your sports bets and your analytics on it.
It's quite exciting.
We've had over about two and a half million.
And when I say two and a half million impressions, they're not reached as of yet.
But we have about a base network of about two and a half million people that we can
reach out to.
Of that two and a half million people, we can reach out to. Of that two and a half
million people, we've probably secured only about 1% at this stage. But a lot of the affiliates
working underneath me and myself are quite confident with the ingenuity of what Jared's
been designing on the back end and stuff. We'll be able to calculate a big portion of that market.
mining on the back end and stuff, we'll be able to calculate a big portion of that market.
And yeah, that's me and that's my role.
And yeah, if anyone wants to reach out and talk business opportunities or affiliate opportunities,
feel free to hit me up.
Love it, Scotty.
Appreciate you jumping in.
And I love that you came with a pick too.
I always love when people join these spaces, join these discussions, and they give us some
type of alpha,
some type of pick there as well.
So that's exciting.
I will say this, just full disclosure,
it's emotional because I had a future on Duke
and that got horribly destroyed a couple of days ago.
But I do have a very close friend of mine
who was also working with Wager,
who's a professional capper.
And he did want me to send you guys two of his picks today.
Don't shoot the messenger if they don't hit, but he's pretty good at what he does.
He's got the Cubs and Padres for today.
Wow, look at that. Double the alpha. I like this guy. I like Scotty already.
Coming in here with the picks quickly. That
is fantastic. Thanks for having me on. Yeah, cheers. Absolutely. Glad you're here. And let's
see. We have one more person from the team I want to make sure we get to. Is that Connor over there
behind the Unit Zero account? Yep, that's me. How's everybody doing? Like you said,
my name's Connor. I am the co-founder of Unit Zero Labs. We are a data analytics and tokenomics
consulting company that's been working in the crypto space for about three years now. I've
been in the space for about eight myself, but my co-founder Jack and I, we started doing this
full-time a little while ago. Unfortunately, I don't have any picks for you guys. As a hometown
New Yorker, I took St. John's. So my bracket's been done quite early. And being in crypto full-time,
my whole life's kind of in the casino. i try to uh limit the amount of risk i
take on and don't really gamble much myself um but yeah i've been handling the uh the tokenomics
side of the the business working closely with jared to make sure that we're delivering you know
best in class uh tokenomics and and user flows to the system well i i want to boo you but I just can't I I'm an Arkansas fan born and raised in Arkansas so I I
do deeply apologize for for that game but uh hey great to have you as well uh Connor glad you're
here glad the the whole wager team is here excited to jump into this um I do want to get to the panel
but before we do I do want to ask a few more questions kind of introduce this to the audience
a little bit more so um tell me Jared if you want to ask a few more questions, kind of introduce this to the audience a little bit more.
So tell me, Jared, if you want to hit this and if anybody else wants to jump in, of course.
But about the main vision of Wager, what is the crypto casino?
How does it work and why is it any different than anyone else?
So for us, really, we see innovation being validated by mass adoption.
So I guess we're going to know what we've done is right when the public really agrees
with us.
So that's sort of our aim.
And to explain why it's needed, we just want to give an overview of the crypto casino industry
and where we think we fit into the market. So as a general rule,
people don't typically use their crypto casino for sports betting. And we really just wanted
to find out why and how we could change that. And how I realized that this was the case was
I sort of started out on a crypto casino, one of the big ones, and I was just using it for casino games, right? So
started leveling up through the VIP tiers on the casino side and started getting, you know,
decent rewards, 10, 15% total cashbacks and ratebacks and bonuses and whatever else. So
I still did all of my betting on the world's leading dedicated bookmaker app.
And then, you know, you might have a bad week there.
Say you do a 2K loss in a week or whatever it might be,
and they'll just throw you a $10 bonus credit at the end of it.
And it's just a little offensive after you've been getting $400 or so back at the casino.
So I just, that really made me think and I thought I actually
haven't thought about this before but why don't I do all of my sports betting on the casino because
I do know it has a sports book there so I started using some of the funds I had there on the
on the sports book and very very quickly I just realized this wasn't going to work you know it it had lots of repetition required none of the flows worked um yeah I could go on but it was just a very very different
experience to what you would get at a dedicated sports book right so I said okay well this one's
probably not right why don't I go take a look at all of the others and I realized that they were
even worse and you know you look at all of the other and i realized that they were even worse and you know you look
at all of the other ones and they're all just a white label product probably 90 of them or so
so to me that just said okay there's a bit of a gap in the market sorry to put in just quickly
jade but do you want to explain everyone what the difference between a white label and what we're
doing is just in case yeah so a white label label would just be software basically that you can buy.
You can't customise it other than some button shapes or colours really
and just dropping your logo on here and there so it looks like it's your own
platform but essentially you're just leasing it from someone else
and paying like a licence fee on it.
And you can roll that out in about two weeks.
You can even use their license as well.
So you don't even need to get your own license.
And the difference between that and ours
is we've been building our own one from the ground up
with our team of developers and UX UI designers
for the past 12 months or so.
So yeah, it's just about building a product
where you've actually thought every little scenario
and every interaction through for the customer
and made sure that your platform caters
to what people would want,
because at the moment that's not what happens
with the sports books built into the online casinos.
And then, you know, you look at the overall online gambling revenue split,
it is very close to sort of 50-50 when you split it up between casino and sports. Sports is just
a little under. And then when you get down to the crypto casino, casino is actually 80% and sports
is 20%, in some cases as low as 10%. So really, that just tells us the appetite's
there for online sports betting. But when you get to the crypto casino space, something's
very wrong because the appetite just drops right off. So that's really what we saw. We
went around and did some user group surveys. And of all of the people we asked that had
an online casino account that also sports bet I
think it was out of 30 that we interviewed only two used the casino for the actual sports betting so
that just really validates what we're saying is that there is a market there for customers to
not have to manage two accounts stack their rewards quicker and really level up through
VIP tiers quicker, all on the one platform without needing the complication of two platforms
and then missing out on what they're currently missing out on.
So that's really what we're providing to the market.
It's a tier one sports book as good, if not better than what you would find in all of
your leading bookmaker apps, but tied into a crypto casino that's going to have
all of the usual stuff that you would expect
from a casino side in a nutshell, really.
So we're talking your fan jewels, draft kings.
The functionality should be as good, if not better.
Interesting. Speaking of functionality, I do see that there is some AI involved here. I'm looking
at the white paper here, just kind of digging in a little bit deeper into you guys. And I see some
AI involved. And boy, anytime I hear AI, I get excited. But what kind of AI features do you guys
have? So what we did with the AI, and I guess we'll take it a step
back about how that came into it, is we looked at the sportsbook and said, right, we can clearly
innovate this compared to what's out there. That part's not a problem. But we also looked at the
casino and thought, well, what can we do here to actually innovate this space too? And so first, we just looked at the UI and we just said, you know,
most people make their decision.
Like we've looked at a lot of the psychology behind decision making and built a
lot of that stuff into our platform as well.
And people make their decision within the first sort of three to six seconds
about whether this new site that they've navigated to is something that they're
actually going to use, or if it's too complicated, too cluttered and they're just
going to go elsewhere, right? So my first thought is whenever you look at a casino interface,
they've just thrown as much information on the screen as they can hoping that something will hit
and you'll see something relevant and click it and start spending your money there kind of thing.
see something relevant and click it and start spending your money there kind of thing so
for us that wasn't particularly what we wanted to do um so what we've looked to do is
look at some other industry non-specific industry examples that are obviously in a lot larger space
that do focus on this ui and ux and the first thing we kind of thought of was let's look at
streaming because it's more
widely adopted. There's a lot more users than what there is on Casino. And really what they do is
focus on the user interface and the user experience. So we've implemented a lot of the sort of things
that you might see in terms of flow and just making sense of the pages from some of these streaming services.
And then whilst we were doing that, we thought, well, they actually provide a personalized
experience as well, whereas these online casinos don't, right? So when you look at an online casino,
they've usually got about 10,000 games or so. And like I said, they just throw all of them there
and see what you might stumble
across that you might be interested in but for us that wasn't really good enough we thought well
why can't we personalize this experience for the user so an example might be if you turned on your
sister's tv for example and went to netflix or one of the other streaming services what you would see on
her screen would be vastly different to what you would see on yours and that's through their like
algorithm ai whatever you might want to call it where it actually learns what kind of titles
you're interested in and displays those for you and over time it gets to learn you better and
provide more relevant things even like those top three
that you see at the top they're usually going to be quite spot on and then the others might sort of
dwindle away so that's what we've built into our platform as well so each experience is going to
be unique and you're not going to need to scroll through endless endlessly hoping to find something
that you might like and then even on the flip side of that,
it's what's trending in the past 24 hours or 48 hours. What's come out that everyone's playing
that's hot and display those kind of titles as well, rather than you just sticking to the same
old stuff and not really knowing what else is out there that people are actually playing.
So that's really what we've built into the casino interface.
And then moving on to the sports product as well, we've obviously got the same kind of thing there.
I guess we're kind of calling it like the betting assistant.
So what it will do is it will learn what kind of leagues each customer likes.
It'll learn the teams and it will even learn what kind of betting style
you have so some people like just doing basic money line bets some people like going for spreads
some people bet on points and then people like to bet on player props as well so what the system
will learn is all right you like NBA but you only like betting on player props where it might be points
rebounds assists or something like that so it's going to start to make suggestions for you in
more relevant kind of um betting styles so that it's not just saying all right here's a bunch of
bets that you might be interested in and just putting out irrelevant ones it's really going to
provide some other suggestions for you to really make it a bit more exciting
and get some better picks in front of you without you having to do all of the work and
the searching really.
So really as a business, what that's going to do is increase turnover and we're obviously
launching our wager token to go alongside the casino product
as well. And then for holders, what that means is if we do have all of this tech that does
lead to mass adoption and increases turnover and revenue and so on, well, that's just
good for the token holders as well. Oh, if I get unmuted here beautifully said that is really interesting how you you mix the ai in there
and it's actually like a benefit to the user that that's really i think a really interesting way to
approach it because when i have looked at other you know traditional sports betting platform stuff
like that they're they're not going to give me any help at all. No, and they are quite, so our biggest thing that we're concerned about is sports books are just
unnecessarily complex, right? So if you just think of a casual bettor who just wants to watch the
game on a Sunday, chuck a $10 bet on, and they just want to have a money line bet saying, you
know, team one or team two is going to
win and that's it. And they might just live stream it on the platform or something like that. So
what we're also going to do, and we're starting work on this now is having sort of, I guess,
three layouts as well, so that we're going to just have a very basic or light layout. And what we can
do is we can pick where these customers have come in from based on marketing
activities and feed them a bit different interface that's not going to confuse them if we determine
that that channel that they've come in on doesn't require the whole...
So really what our long-term goal is, is to be able to have a dynamic sportsbook where
it's just going to show what's relevant for these customers
so as not to interfere with the layout and clutter it as well.
So I guess that's a bit more long-term,
but we're thinking about this kind of stuff now as well.
Wonderful.
I'm going to ask one last question and then I'm going to start hitting.
Or Scotty, did you have something to add there?
Oh, yeah, thank you.
So I just wanted to add on top of that like just uh
just as a reference um i currently use bet 365 and a few other of your traditional sports books
and even though they have those favorite um functionalities and stuff once you close the
app more often than not they just reset and and for someone that's you know you just want to check
that one match like jared was saying you might have just that singular bet and instead of having to circumnavigate the app or the website to
get to it, it's just always going to be kind of in your area, which just kind of makes
it more seamless for the user and creates an easier user experience.
And I think Jared's really touched on that concept, really focused on that concept the
best with this project. But yeah, just touching on that. Thanks really uh focused on that concept the best with this project
but yeah just touching on that thanks go ahead sorry
all right let me ask one more question then i'm going to bring my uh my star-studded panel into
this because they're going to ask way better questions than i'm going to ask here but
i do want to hear about the uh wager token itself and what what kind of utilities are behind it?
What's the tokenomics around it?
What role does it play?
Are there benefits?
What kind of rewards are here?
We'd love to hear about that,
the wager token, that is.
Yeah, we're really excited about the token.
And what we wanted to do
was really add some value
for anyone who is investing in it early.
So we're actually in the, we've just kicked off our token presale at the moment.
So we've just opened that.
And one of the rewards that we really want to provide to the presale investors is giving
them VIP access just by participating in the presale.
So it's not just a super basic VIP tier that
we've created just specifically for this. You would have had to have wagered $5,000 within
the platform to reach this VIP level. And then we're giving that to people who do participate
in the pre-sale. So I think that's quite a good reward there. What they'll get access to is rake back instantly
and then get added to all of the regular bonus schemes.
So that's cash bonuses weekly, monthly, and just randomly as well.
So they've got the auto VIP,
but then also by holding and staking the token,
it gives the holders accelerated VIP.
So they'll get a multiplier on in on any of
their VIP points that they would normally earn and what that allows them to do is just level up
through all of the VIP tiers a lot quicker as well so for someone who's actually going to
use the platform it really is quite rewarding to to get the tokens especially earlier on
It really is quite rewarding to get the tokens, especially earlier on.
We've also got prize pools, exclusive prize pools just for the token holders.
So our target by the end of the first year, for example, is to have 150,000 customers.
So let's say 15,000 of those, just as an example, are token holders.
thousand of those just as an example are token holders all of a sudden anyone's got a 10 times
higher chance of winning any of those prizes than what they would if they were just a regular
customer as well and then we're also like i've mentioned we're really building this platform
because we think there's something missing from the market and we're really building it because it's the platform that we want and we knew wasn't available so our future goal and focus is to always build a platform
that is going to incorporate what the people want what the community want what our holders want so
we're also putting governance in there as well and we want to try and let the holders decide the future outcome of the evolution and
where it goes. So we've obviously got ideas and where we see it going, but we really want to
take the community's input on that as well and make sure that we're always building
something that evolves with their needs as time goes on as well.
Wow. Super cool, super interesting.
I'm going to jump straight to my panel now.
And first off, I see a hand up here,
and it's from the guy with the best intro of all spaces.
So hit me with the intro,
and then I'm excited to hear what's on your mind, Mr. Zett.
Well, I'm here. You might have cut out, but I'm'm happy to be here i hope you can hear me okay
and you're just too kind wolf thank you for having me as always with that i want to give a rowdy howdy
and a mighty gmg agn everybody out there i hope you're awake here for this very special wolf
space i know i am and i'm definitely digging the conversation my name is that aka meta zet because
if you met me you met a zet and as always it's an honor to be here with this legendary panel
i'm really excited to to talk sports betting and everything i'm kind of maybe the the um the rare
person who hasn't really sports bet at all uh or partook but i do definitely want to uh indulge if you will and i do
see uh crypto is definitely going to be the gateway for me to to be uh you know i guess getting into
that world and everything um so i do have a couple questions i guess on the first one um on the topic
of ai i wanted to ask your opinion on ai agents uh specifically with sports betting um there's ai
agents uh such as uh uh billy betts uh shout out to breads but um bc breads and their team um there's
ai agents out there and you know it's really going to kind of change the game and it's really going
to be much more about analytics and all of this.
So I just wanted to get your opinion.
Is AI agents going to be banned from the platform, from betting and so forth?
Or just wanted to get your overall opinion on that.
That's actually a really good question.
I have been following one AI agent actually and um you know i've always been really
skeptical about them and the one i was following in particular it would go on a heater and then
it would um it would just crash and burn for a little while and then it would come back and
stuff and i find the hardest thing with those agents and with betting in general is the psychology behind the risk management as well.
So it's quite similar to trading where you can go on a streak, you can get confident,
and then you can potentially blow yourself up as well. And I guess it's very similar with
betting. Lots of people, that's where they come unstuck and run into problems. So I'm not sure if the AI agents that you've been using completely automate the process,
including the risk management as well.
But in short, that's not something that we've looked to be in just yet.
Could I jump in here?
That was an awesome question.
I'm currently working with quite a few professional professional cappers and and bettors that
are some of them use their own ai and have developed their own ai one of them's quite
um quite quite precise with the the player props and it's not too bad with uh team analysis and
stuff but along with that as well we have the issue of sharp bettors and and syndicate groups
as well which um we've we've done a lot of research into and looked into.
And like Jared was saying, it more comes down to the psychology for every big group of bettors you have.
You have, you know, your five or 10 percent who actually practice risk management.
And I remember at the start of the conversation when I joined in, I heard someone speaking about not gambling while they're trading.
conversation when I joined in, I heard someone speaking about not gambling while they're trading.
On my side and my perspective of that, though, it follows the same rules. Essentially, your risk
management for crypto or sports trading, sorry, it's not for sports betting or day trading,
it all follows the same risk and reward and the risk management using one to three percent of
your portfolio or one to three percent of your your portfolio or one to three
percent of your total account um and you shouldn't be using more than that per unit um you know we
have play we have players and bettors that do max bets um so the person that gave me the cubs and
the uh the padres he's he's a max better um but he's like i said he's a professional better um
so those groups you see that five to to 10% of people, you know,
follow the risk management, follow the pigs, and they do make money.
But unfortunately, 85% of people, usually 80% of people,
they like to get confident.
They like to get drawn in by their own ego.
I myself have been there plenty of times,
and I'm sure there's plenty of people on this call
that have been in the same situation.
And you do, you start putting your own stuff in and you might put more legs in for a better parlay
which greatly reduces your odds or increases your odds for the win but doesn't actually increase
your odds to win um so yeah yeah well thank you so much i really appreciate all of that and uh you know i said i haven't
participated on any platforms or with any sports betting online yet or anything like that but i am
a full-on dgen when it comes to gambling so i do appreciate that kind of uh you know uh insight or
that be your own or nfa or whatever it is that that warning so i definitely need that um reminder but uh
yeah quick another quick question i know that uh the regulations and everything i'm here in
the states i know it's different kind of from state to state i'm in colorado where gambling's
legal um uh but i just was wondering i didn't see any like geofencing when I went to the website.
And so I was curious, how do you handle that from state to state and all the different regulations?
Yeah, so we have no geofencing on the site at the moment because essentially it's just a landing page talking about our pre-sale.
And we've got the platform sort of on a staging server at the moment.
But our gaming license is in Anjuan.
So what that allows is it's quite crypto friendly in terms of KYC and everything like that.
So it does really work for the broader community,
the broader crypto community market. But then once we look at geofencing and locations that are excluded from the site, we're looking at US, Australia and UK, along with other sort of sanctioned countries, obviously.
So unfortunately, they're not our target markets in the US, but what we are looking to do is
our biggest network really is in the US. So in, let's say, hopefully 12 months to 18 months,
really what our goal is, is to go fully licensed within the US as well into those States where it is legal.
And that's, you know,
our long-term goal is to be one of the major players,
not just globally, but licensed in the U S as well.
Okay, cool. And when was that timeline? Sorry if I missed that.
We're hoping for, we're hoping for 12 to 18 months after launch.
It's, it's quite high on our awesome i'd
just like to add just like steak though uh anyone using it in the us and uh certain regions and
throughout the world where gambling is illegal they are able to use a vpn yeah i was just going
to say kind of last question are we still able to participate in this campaign? I think it's like a $2.5 million, something like that campaign going on,
airdrop campaign, right?
I'm going to have to probably hop a flight to Puerto Rico or Mexico or something.
No, no, anyone can participate in the airdrop campaign.
And we really wanted to just make this airdrop inclusive.
So what we've done is made it fairly
generous so anyone just doing the social tasks you know following sharing all the usual stuff
that would usually be a part of an airdrop campaign without any financial commitment required
we'll still get airdrop points and they will be eligible for the airdrop so we're not going to do one of those ones where the bottom big chunk just get cut off so everyone will get their airdrop and one of the
other cool things that we've done with it is we really do believe and are really proud of our
product that it will be a lot better than what's out there and the users will resonate with it so
what we're adding into the airdrop is real platform
rewards as well so for any of the tasks big or small people are going to get in platform bonuses
which they can redeem before the airdrop provided they're over 18 and the other usual conditions
and then they can just create a free account and claim those bonuses within the platform just to basically take it for a test run and see if they like it see if what we're saying is true and make their
decision from there so we think that's quite unique as well as actually giving people those
platform bonuses once we do launch love it i see the legend tropics hand so i'll go ahead and throw
it to him you thought my questions were hard uh so we'll go ahead and throw it over to tropics i appreciate the pass uh that's that's funny um yeah so i'm
all over the place uh looking on the site and seeing a few things um i was going to ask that
jurisdiction thing the geofencing what have you so i'm glad you asked that first. So as far as the KYC process, is that for everyone that wants to just get on the platform
to use it for betting, but it's not necessarily KYC for the airdrop, the initial TGE? Is that
what I'm seeing or understanding correctly? So one of the reasons that we chose the Android license is we don't require immediate KYC.
So there is actually quite a large bit of leeway
for the customers before any KYC is mandated
from the license.
So we're going to go with what our licensing provider
requires rather than what people would typically do,
if that makes sense.
So it is fairly relaxed.
Okay.
And so as far as the platform that you're using, right,
from what I'm understanding, it's on Ethereum.
Why did you choose Ethereum?
Because I'm assuming that there's going to be a lot of transactions. You know, anyone that's going to be betting on games
or even using casino things, it's going to be quite a few.
So I was just wondering why you chose Ethereum as opposed to one of the L2s, Arbitron Polygon or any of the others.
So we have our token on Ethereum, but the casino itself is not actually hosted on Ethereum. And the reason for that is we have still kept it as a standard sort of online casino
platform hosted on our servers. And that's for the sole reason of growth and expansion later on down
the line. So obviously we believe that the future is in crypto, but when you look at the overall
market size as a whole and
then also our overall business ambitions and where we plan on growing there is still a huge amount
of that market that does sit in the regular fiat currency space and by going as a completely
blockchain hosted platform we would not be able to capitalize on that later on down the line.
And then that could also cause implications for when we do look to go into the States as a fully licensed provider.
So that's kind of why we've done it that way.
So people will still deposit through crypto, but then all of the betting will happen off chain essentially which is why
i guess it's not as much of a big deal having it on ethereum got you all right that makes sense
um kind of rapid fire here but um as far as um uh with the platform of course uh you said that
you're going to be like casinos and sports and all that so any games in particular um we're talking about just pokers um any sports in
particular or is it like just literally anything that you can get in a regular casino and uh all
sports at this point like how are you going about that you'll really get everything so we're going
with the world's leading and largest um data and odds feeds provider for our sports book.
So basically what happens is they'll feed in all of the events and the odds into our platform.
And then the users really got the flexibility to choose whatever it is they're interested in.
They can go for those totally random table tennis type sports, or they can go for the big US-based sports. We'll also have
live streaming available for pretty much every sport that can be live streamed. So that'll allow
the customers to place the bets and also watch the events live. And then with the casino,
it's, you know, slots is really by far and away the most common, the most widely bet on game type in the casino.
So obviously there'll be a focus there.
We're looking to also do the standard casino games,
live dealer, they're quite popular as well.
And then we're also going to start developing our own games
and titles as well with things that we think are cool
and sort of designing our own and stuff like that so that's it pretty much for day one and then we we do
obviously want to add poker in and start doing poker tournaments for our community and that
kind of stuff as well just for a bit of fun too all right uh second to last question so next one
is um you know because a lot lot of these projects that we hear about
and all these different things, there's VC funding or they're using token launch as the funding,
privately backed, just a general idea. I don't know how much you're willing to share,
but one of the concerns about getting into one of these projects is, will they actually have the
funds to execute on the roadmap and deliver? So I was wondering, how are you guys funded?
to execute on the roadmap and deliver.
So I was wondering, how are you guys funded?
So I've put a lot of my own funding in,
and then we've also gone out to investors.
So we did a seed round of investments.
So it was a bunch of sort of successful Web2 businessmen
successful web 2 businessmen and a couple of people that are relevant from the space
and a couple of people that are relevant from the space.
um Kane Warwick founder of Synthetix and Infinex is one of our investors and then we also have
someone who's quite senior at one of the world's largest online casinos backing us as well so
we can't give too much about that away due to um non-petes and so on. But that's essentially been the funding that's got us through the past 12,
18 months and we are funded to finish the project.
And then really what we're looking to do with this pre-sale funding is not
only launch, but launch at the scale that we want to launch at.
So if we were considering just a basic soft launch
and not creating too much of a ripple or too many waves,
we could do that.
But really what we're looking to do is,
I guess, launch with the impact that we're really looking for.
And that's what we're using that funding for essentially.
Okay, cool.
Last question before I pass it to LadyTrader. I see your hands
up and I won't take any more time, but as far as launching your own token, why would you do that
as opposed to using a stablecoin, ETH, or one of the other known tokens? I'm just curious because
in addition to having this platform, balancing all the tech, building everything out, managing
the budget and all those things, adding tokenomics and other things into it just kind of makes it that much more difficult.
So I was just wondering what kind of considerations went into that. Why did you decide to have your
own token on top of building everything that you're building?
I guess because by having our own token, that gives us an opportunity to really provide those extra token rewards as something that we can give back to the community who is backing us essentially.
And then we're also going to not necessarily do profit share, but we will use platform profits for certain things that will benefit the holders, if that makes sense.
for certain things that will benefit the holders,
if that makes sense.
So it's almost like a way to reward loyalty
of those who have helped us get off the ground
in this early stage, I guess,
would be the best answer for that.
Yeah, and I'm happy to jump in here too a little bit.
I think from the earliest stages of any crypto project,
the token is really used to combat
some of those initial customer acquisition costs.
We do think a large part of Wager's success is going to be on the user experience and the platform
that the team has built is, as Jared and Scotty have been mentioning, just so different than
competitors and really providing value in ways that competitors haven't done in
the past. But we really see that moving some things on chain and including your own token,
we're offering a level of transparency that I feel like most users don't necessarily have in
traditional casino and gaming apps. Being able to leverage the success of the platform
to, you know, potentially buy back the token
and use those, you know, those tokens as further rewards
for the community and creating that kind of incentive flywheel.
You know, we do think that, you know,
the on-chain aspect of the system just creates
this really nice value alignment between
the users and the protocol and the product.
Pretty cool. Thanks for answering the questions and pass it to LadyTrader.
Hey, thank you so much. Great questions by both you, Zet, and Tropic.
Hey, Wager team, I'm excited to dive into this project a little bit more.
So most of my questions are going to be coming from the perspective of investors.
I do have a Telegram community that participates a lot in pre-sales and ideas and all of that.
And also my followers on Twitter, the ones who follow me on these spaces,
are also looking for those kind of opportunities.
So some of the questions will be coming from their perspective and, you know,
just considering what they look for. Because when I look at your website,
I mean, there are quite a few things that,
that I would have questions around. So first things first,
of course you are doing a pre-sale on your platform.
And so I want to learn a little bit more about, A, how are you
making sure that the pre-sale opportunity that you have on the website, like, you know, it's
completely safe for people to just go in and participate in, because this is one thing where
a lot of people are concerned about. And, you know, for best practices, I always tell my community,
hey, you know what, do not go to any website and just, you know,
connect your wallet because that could be pretty bad, right? That could be a risk.
And so because of that reason, a lot of people do not want to participate on the websites because of the risk associated with it or project website directly. They like to go with, you know, some
sort of a lounge pad or IDO platform, ideal platform, something that's more secure.
So for best practices reason, we always say,
and this has been pretty much a concept
from even back in 2021 when we were telling people,
hey, don't participate directly on the project website.
That's not a good idea.
So how do you make sure that you are putting
are putting some of those concerns at ease yeah so we've got um our token contract has obviously
some of those concerns at ease?
been audited and it got um 100 score but there always is you know that risk of people not
trusting the actual uh pre-sale website which is totally fine we understand that so what we're
doing is we're breaking it down
into stages where the pre-sale will be live on our website the whole time and periodically we
will just be running on different launch pads throughout so there's always going to be that
option to um to do it through launch pads and i guess what the public would perceive as more
do it through launch pads and I guess what the public would perceive as more reputable sources
since, you know, they don't know us, they don't know our security protocols and so on.
So we're actually in the process of changing over our pre-sale widget. It was, we were hoping to
have it done today, but it may be in the next couple of days to another platform called Radom,
which is actually one of the leading pre-sale providers. And then
that system is, I guess, a lot more widely known as a secure and audited platform where it's not
any particular devs code going into it either. It's more universally accepted for some of the
biggest pre-sales that do happen. So I guess that could be an extra layer of security.
But if that specifically is a concern,
we will always be updating once we're on different launch pads
and IDEO sites and so on.
Perfect. Thank you.
And then it seems like you're raising about 157K,
of course, 100 Ethereum on your website.
Can you talk to us a little bit about the tokenomics?
What's the valuation overall?
How many other rounds you've already had?
That would be great.
Yeah, so the pre-sale widget that we have on our site at the moment,
it just goes from one stage to the other rather than showing the whole amount.
So really, the overall amount that we're looking to raise is 10 million USD.
And like I said earlier, that's really just the amount that is required to get a project like this to the level and public perception and to support the growth path that
we have. So that's what the total raise amount is is and then if you were to look at the actual say token price in usd at the moment it's about 2.3 cents and then
what we're going to launch the token at will be around 10 cents so that gives an idea on the
return sort of from this stage early on to to later stage and then tokenomics, the team's obviously on the longest token investing schedule,
whereas the investors are on a lot shorter one.
Connor, I'm not sure if you want to talk about the tokenomics.
Yeah, definitely want to draw a distinct line
between investors and the public sale.
The team that, the group of individuals
that Jared mentioned earlier are locked up at the
same rate that the team is. It's really the pre-sale and the stages of funding that we're
doing are all publicly accessible through the Radom widget that's going to be hosted on the
site as well as any of the launch pads or community raised platforms that we will
partner with moving forward. They're going to have like anyone that participates there is going to
have a 25% unlock at the start to really get into the system and begin staking those tokens and
and earning accelerated VIP and then they will slowly slowly begin to uh vest over time after um you know
a six month click so so that that definitely wanted to call that out um and it's not investors
getting immediately unlocked it's it's the people that are participating in this sale
okay and then you said that you're going to be launching it at 10 cents right is that correct
Okay. And then you said that you're going to be launching it at 10 cents, right? Is that correct?
So, yeah, correct.
Okay. So I was actually, I had to do a little bit of a calculation because tokenomics on your
website are not super clear. So I actually had to go find your contract, find the total tokens,
all of that. So it seems like when you launch, you're going to be essentially launching at about $88 million FDV, which is pretty, like, it's incredibly high, even for
the pre-sell right now, right? And you're going to be raising about $10 million total. How do you
justify, like, you know, the FDV, the fully diluted valuation, because that's pretty high, and a lot
of investors are going to be turned off by that. So if you could talk to us a little bit about that, that would be great.
Yeah, so I think, you know, it's a combination of the competitive market space.
You know, if you look at projects like Shuffle and Rollbit, they're definitely at a, you know, we come in at a more attractive valuation than them within the GambleFi sector.
you know, we come in at a more attractive valuation than them within the GambleFi sector.
So, you know, if you are someone that is interested in, you know, this space, we do feel like it is an attractive valuation.
And I think in terms of the, you know, FDV and how that relates to things like Team Unlock, right,
those vesting schedules are definitely, you know, long.
those vesting schedules are definitely long.
And we're really looking to use these initial funds
to build not only a strong user base,
but a strong community around the token and the platform.
So I definitely think from, like I said,
a market comps perspective, it's a fair rate.
Yeah.
And I also want to just add with our sort of plan and execution plan and our product
and where we see this going, it might seem high, 80 million for an initial launch market
cap, but what our financial forecast and projections are, and we've even got some new tech that we haven't
announced yet but we really think it's going to shape the way that gambling happens online
we're actually in the thick of filing a patent for it as well 80 million market cap is going
to seem cheap is is my final comment on i believe I can't hear them
what was the last piece of that comment there about the I heard the patent there
was a patent being filed what was the last piece of that yeah and I just said
with where we're with where we're going in the market and what we're releasing, I
really don't think 80 million market cap is overvalued.
I have one more question.
So actually two more questions, and I'm going to just combine them both.
A, do you have any notable backers, like any big
VCs, any tier one backers? And then two, when people look at your social media platform,
it seems like you only have about 403 followers. And whenever you see projects that are raising
a ginormous amount of money and they don't have the community to kind of support that kind of a
raise, that kind of raises some of the concerns
so if you can talk to us a little bit about that how are you planning on increasing the community
members and then also you know how um in the current market conditions it's very very difficult
for projects to raise you know money so definitely talk to us a little bit about any tier one backers
and then community building efforts yeah so we haven't particularly gone to VCs.
A couple of the reasons would be where our long-term project vision is.
We aren't interested in any kind of exit,
so that's obviously one of the big things with VCs.
And then we've gone to, I guess, more individuals for backing.
So like I mentioned, we've got Kane Warwick as a backer.
We've got some extremely successful people in the online casino space.
And with regards to marketing and the current status and where we're at, we've
literally only just sort of opened up our community and started doing anything in
the last week or so. And then we're obviously going to continue marketing from there. So
it'll be the usual channels that we'll get a majority of the pre-sale funding come in
from, which surprisingly actually isn't usually just from the crypto community. It's often
through pay-per-click advertising on Meta, Google,
and all of those other kind of platforms.
So that's what we're about to start doing now.
And this is really just a preliminary conversation
based on where we're at with the actual campaign,
and things are just going to ramp up from here.
Thank you so much.
Those are all the questions I had,
and I wish you all the best, Radio Team.
It was great learning more about your project today.
Appreciate those questions, Tropic and Lady Trader.
I do want to throw it around the rest of the panel real fast.
We do have a few minutes left in the space here.
Zach, did you have anything that you wanted to ask the crew here?
Yeah, I mean, I guess my questions are mostly centered around
the sportsbook side
of the operation.
You know, I guess
if you just plan, you know,
I know that it was kind of touched on, but
if there are just like mainline
markets or, you know, if you plan
to delve into the, I know that
a lot of the sportsbooks
domestically in the US are
very, very overwhelmingly focused on like same game parlays and like things like that. If those
are things that you plan to offer on your platform. Yeah. So we're really going to offer
everything. So it'll be the money line bets, spreads um for the i guess more regular bettors
and then all of the player props and then same game parlays as well we've even built in functionality
if we decide to run special promos to do things like early payouts where if your team gets up by
x amount of points you can get paid out early um we've got tracking on our
live bets for player props so if you do um a player to do 100 receiving yards you can even
track how far along they are in real time that kind of stuff so it's really just going to be
anything that the customer wants to bet on will be there. And that kind of goes back to what I said earlier about depending on where the customer comes in from.
We've even got the possibility to limit the options just to make it a better experience for those customers who don't want or need all of that kind of stuff as well.
yeah yeah no certainly and then i guess the next question is more of a two-part
Yeah, yeah, no, certainly.
question where you know i guess maybe if you had any insight into like how you plan on trading
individual games i know that you mentioned that you're partnering with a large odds maker of
sorts which look i understand if like that's's not really public information or something that you're at liberty to share,
that's no problem there.
And then I guess the second part of that is how you plan to,
is this going to be a book that, I guess,
a lot of sharp bettors, they run into issues of getting limited.
So they either get limited or altogether shut down.
I mean, I got plenty of guys or um altogether shut down or you know i mean i got plenty of guys you know they get shut down where they can only get down like one dollar on games as their max
bet right so it's like hey you can still use it but ultimately it's it's worthless to them and
that presents a whole nother set of challenges so uh i would see know, guys that are in that predicament are constantly looking for additional outs, ways to get down. And that's where I think, you know, maybe this could be something that is beneficial. So I don't know if you wanted to speak to that at all.
guess what we what we look at is our customers on a on a whole we've obviously got casino and we've
got sports so it just depends what what the customer does on our platform and how they engage
with it so we've also got the um the odds feed provider right so they do what's called the
trading and then they obviously don't want people on the books
who are going to be a gigantic liability to them either.
So it's really just assessed on a case-by-case basis.
And even we're quite interested in bringing affiliates on as well.
So typically those people who are the sharp bettors often have a network as well.
And you can even give them some leeway and flexibility
where if they're bringing you customers in
or you'll probably just turn a blind eye to them as an individual,
I guess, would be the easiest way to answer that one.
I saw Scotty was throwing your hand up.
Yeah, go ahead, Scotty.
I was just going to jump on the back end of that
because I kind of paused the last time I spoke
because I put my foot in my mouth
and Jared replied to me privately saying I could speak on it.
Just to touch on what Jared was mentioning on the affiliate side
with sharp bettors, like I was saying when I previously spoke,
I work with quite a few sharp bettors and professional bettors.
And what we're looking at is, just like you said, a lot of these guys are getting limited or restricted or, if not, just getting totally pushed out of the book.
Similarly, that happens with affiliate networks. essentially churning and burning, how we refer it as bringing in new customers and creating new
revenue, what they'll do is they'll try and absolve your network, which will basically leave,
you know, potential sharp better who's got a big network, profitless or without an income. And
that sometimes I've met a few people that have spent years building networks to have them taken
away. And once that happens, you know, you really rely on the loyalty of your members to move
back to another book.
And more often than not, you lose over half your network because people will be happy
where they're at and they don't necessarily want to change.
Where we see this kind of going is professional bettors and betting groups, they're going
to continue to get restricted and as ai and uh gets better and better more books are going to target these sharp bettors quicker and
quicker and we we do see a big presence in the social side so we do want to kind of try and
start pushing these sharp bettors to take on more of a content creation role or um yeah content
creation role and we can help them basically prop their networks back up
rather than restricting them and leaving them empty-handed so essentially they might not
necessarily be able to bet but they could still potentially earn a good wage off of their networks
yeah because i mean i guess like i said speaking from more of the sports betting community side of things, that's ultimately leads itself to a paradox where, you know, there's guys that there's, it's a very polarizing topic, right?
People that sell picks, touts, and oftentimes people kind of resort to that because they're unable to get their own action down.
that because they're unable to get their own action down um but then you know in doing that
then they're kind of you know when they're putting out plays and there's tons of people that are
their followers that are getting down on it at once it's essentially causing another challenge
for the book where you know then those players that are paying for their uh picks are are kind of in a bad spot too. So yeah, no, I think that's, I guess,
not an uncommon way to go about it is through some of these affiliate deals.
Yeah. So essentially we'd want to help them deploy their networks as an asset rather than
that being a liability. And I think, yeah, how we're talking how jared's designed it for it to work
for them essentially you know say i had my own network and scott's network and i was banned from
a book which i've i've been restricted in our country from uh horse racing and dog racing
but i'm able to bet on sports so i'm obviously not as good at sports as i am at horses
um but basically what we want to be able to do is have, say, myself post
my pics for the day and even potentially post them through Wager where all of my network can
just populate a bet slip instantaneously and off they go. And we're working with quite a few people
that have niche markets where they do sell picks so for instance
one of my main affiliates his niches are is it's for dads who are too time poor and they don't want
to sacrifice time with their family to be you know studying picks and and wasting time gambling etc
etc and he does quite well from that but statistically speaking majority of people that
sell picks uh they're making their money from selling picks they're not actually crash hot gamblers um it's very far yeah oh yeah
no absolutely like i yeah that's 100 accurate yeah a lot of them don't even get their own money down
at all you know yeah well we we know quite a few of them that you'd be surprised they're some of
the biggest in the industry and they all work under a conglomerate.
And that's why most of their picks don't get released to about an hour before, because the main people from those groups aren't willing to push the lines down or push the lines up, so to speak.
So, yeah, it's quite a it's it's smoke and mirrors.
You don't know who's actually truthful and transparent
and you know you see a lot of people like i'll um i'll use sean perry for instance where he has a
quite a famous video of him walking into a casino trying to bet two hundred thousand dollars saying
they won't take my money when i'm pretty sure everyone in the u.s knows that the max bet on a
casino floor is twenty thousand dollars unless you've got special commission or early contact.
So there's little things like that.
It's like clickbait and, you know, what I said before,
smoke and mirrors.
So we're trying to avoid a lot of stuff like that as well
with the brand being transparent.
But that's all for me.
Well, beautiful conversation.
We are just a little bit over time time but i do want to ask one last
question just to kind of finish things out here a little bit i want to know what what what do we
see as the future of wager casino uh what what are some of the like the longer term goals here as you
guys build out this project i once again really appreciate the time glad you guys came on and
really enjoyed the conversation the last hour or so but would love to hear kind of what the future vision is of this project
yeah i think um because gambling in general is becoming more socially acceptable sort of in the
past two three years we've certainly seen a rise of it you know streamers are becoming popular creators people
who post their pics and so on are becoming extremely popular online and I think that's
something that hasn't truly been played into yet so building out an ecosystem and a product set
that really enables the social side of it a lot more and ties creators in and their community into a platform
to facilitate everything under one roof is really where I think the innovation is going to happen
and that's what we're already building as our second product essentially so I'm hoping we'll
be at the forefront of that. And I think what
we've designed really will help move the entire space into that sort of flow.
Wonderful. Last question that I'm going to ask as we wrap up the space here.
If anyone is interested in getting involved here, so whether it's being able to get in and support
this project, maybe be involved in the project somehow, or it's being able to get in and support this project, maybe be
involved in the project somehow, or if you're looking to get involved and be able to be a part
of the casino, you know, if you want to get in there and do some sports betting or some of the
online casino type of stuff, how can someone maybe in our audience or if there's someone on the panel
wants to get involved, where's the best way to do that and what are kind of the steps they should
take?
We're really most active in our discord.
So that's where we're sort of engaging with the community the most.
So that would be the best place.
So the discord slug is just wager casino or one word.
And yeah,
whether it's someone who wants to join because they've got
experience in the space and wants to work for us, well, we're always looking for good
staff. And whether it's people who want to learn more about the presale and see how we're
progressing or just get some product updates, that's probably the best way to do it.
Wonderful. Well, that tweet is pinned up top. Once again, check out wagercasino.io.
Scott, any final comments from you to leave with the crowd today?
No, thank you so much for having us on today. It was an absolute pleasure. And thank you for
such great questions as well. Well, I warned you guys, I had an all-star panel up here that was
going to ask some of the difficult questions. And it was great hearing those responses to that from the mouth itself.
And yeah, what a great conversation we had here.
Connor, any final things from your end?
No, I'm all good.
Thank you guys for having me on.
It was a pleasure.
Awesome.
Appreciate you being here, Connor and Scott, both.
here Connor and Scott both Jared over to you for the final word for the audience
Jared, over to you for the final word for the audience.
yeah thanks so much for having us it's been great to talk about the project and get the word out and
yeah we hope we'd see everyone on the platform sooner or later and we really think we're going
to change the industry and we've got the right team to do it so yeah we welcome anyone to come
on board.
Absolutely. Well, I appreciate the time, Jared, Scott, Connor, thanks for coming on. Wager team, if you are in the audience, definitely check out the Wager team, Discord being the best way to
communicate with them, get those live updates on everything happening with the project.
We appreciate you guys coming on. We appreciate everyone that tuned in. Also, big shout out to
my panel, Lady Trader, Tropic, Metazette, and Zach, of course, the
Wolf Sports account up here as well.
And I know if any of you are like me, you're getting ready to log off, close down that
computer, and get ready for some championship basketball tonight.
So that is where I'm headed.
We appreciate everyone that tuned in on this Monday evening.
Hope you have a great rest of the evening or whatever time it is for you,
wherever you are at in the world.
Have a great, great, great time.
And we will catch you guys on our next space here on Wolf Financial,
which is first thing in the morning, the future show at 8 a.m. Eastern.
And live trading following the back of that.
Thanks all for tuning in.
We will catch you next time.
Take care. thanks all for tuning in we will catch you next time take care Thank you.
