The Smart Betting Club Podcast

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111

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Aug 2026

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About the show

Exploring the world of profitable betting and what it takes to generate a long-term edge gambling. Through this series of podcasts, join Pete from the Smart Betting Club as he interviews professional punters and expert tipsters on how they make a profit betting and what lessons we can take from them for our own betting journey.Expect to learn about the strategies or methods they employ to win, the markets they focus on, bookmakers or exchanges they use and much more besides.

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August 11, 2026Episode 10740 min

Why Cricket Betting Is Booming. Finding Value With Ed Hawkins

Cricket betting has become one of the fastest growing betting markets in the world. In Episode 106, I sit down with journalist, author and cricket betting expert Ed Hawkins to explore why more serious bettors are turning their attention to the sport.Drawing on more than 20 years covering cricket and betting markets, Ed explains why bookmakers continue to make pricing mistakes, the betting markets he believes offer the biggest edge, and why understanding pitch conditions is often more important than following recent form.We also discuss the rapid growth of franchise cricket around the world, how the CricStats VIP service identifies value alongside Richard Mann and Paul Krishnamurty, and why discipline remains one of the most underrated skills in profitable betting.If you've read our recent CricStats review in SBC Magazine Issue 166, this conversation provides an excellent opportunity to hear directly from one of the people behind the service. With an SBC membership, you can also save up to £200 on a CricStats subscription, making it an ideal time to explore one of our highest rated cricket betting services.Whether you're an experienced cricket bettor or someone looking to explore a growing market, this episode offers plenty of practical insights into finding value where others aren't looking.KEY TALKING POINTSEd Hawkins' journey from Racing Post journalist to one of cricket betting's most respected analystsWhy cricket continues to offer value despite the explosion in data and analyticsHow bookmakers still make regular pricing mistakes in cricket marketsWhy pitch reports and playing conditions are often the biggest edge for bettorsThe balance between statistics, cricket knowledge and market pricingWhy Top Run Scorer, Player Performance and Sixes markets offer consistent opportunitiesWhy recent form can be overrated in T20 cricket bettingThe importance of discipline and knowing when not to place a betHow the CricStatz VIP team works together to identify value betsWhy the service only quotes realistic, widely available pricesThe rapid growth of franchise cricket and what it means for bettorsWhy some emerging cricket leagues are avoided because of integrity concernsHow Test cricket creates unique opportunities for in play bettingThe future of cricket betting and where Ed believes the biggest opportunities still existSupport The PodcastYou can support the SBC Podcast by visiting our podcast sponsor, Matchbook. Get 150 days commission free via this link: https://welcome.matchbook.com/SBC150Resources & MentionsEd Hawkins on X: https://x.com/cricketbettingCrickStatz: https://telegram.cricstatz.ai/Read our full CricStatz review in SBC Magazine Issue 166SBC members can save up to £200 on a CricStatz subscriptionSmart Betting Club: https://smartbettingclub.com/Key Quotes"The bookmakers do not have the resources to spend enough time on cricket. I think you get plenty of mistakes in cricket prices.""The pitch report is absolutely vital. I wouldn't be betting heavily on a game unless I was convinced I knew what the wicket was like.""Cricket is about failing the majority of the time. The trick is working out when someone is going to hit their sweet spot.""Good form doesn't necessarily exist in T20 cricket.""Cricket never stops. There's almost always another game tomorrow.""The growth of franchise leagues means there are betting opportunities almost every day of the year.""Years ago you could only really bet on match odds or Top Batsman. Now you've got player runs, player performances, wicket markets and total runs.""The money swirling around cricket betting is still absolutely huge." "The Indian betting market is so vast that it props up everything else."

July 17, 2026Episode 10653 min

From £1 Million In Betting Profits To Building Winning Syndicates. An Interview With Harry

Making over £1 million from betting is enough to grab anyone's attention. The real story, though, is how my guest in Episode 105, Harry, got there.In this episode, Harry lifts the lid on two decades of professional betting, from exploiting early Betfair markets and building successful betting syndicates, to finding value on today's betting exchanges, managing variance, surviving losing years and continually adapting as betting markets have evolved. He also explains why exchanges now form the backbone of his betting, how he identifies inflated prices, and the practical challenges of funding accounts in an era of affordability checks.If you've ever wondered what separates long term winning bettors from everyone else, this is an honest and fascinating insight into the mindset, discipline and decision making required to stay ahead.KEY TALKING POINTSHarry's journey to more than £1 million in betting profitsWhy he still works in the legal profession despite betting professionallyHow early Betfair markets created opportunities that no longer existThe transition from trading and shop betting to exchange based value bettingBuilding and operating successful betting syndicatesHow syndicates calculate expected value and split profits fairlyThe evolution of bookmaker promotions, Lucky 15s and shop betting opportunitiesFinding value through exchanges, inflated markets and probability modellingUsing Bookie Bashing alongside personal research to validate pricesWhy adapting to changing markets is essential for long term successManaging variance, losing years and maintaining confidence in expected valueThe psychological benefits of working with trusted betting partnersThe impact of affordability checks, exchange funding and bookmaker restrictionsExamples of betting "unicorns" and market inefficiencies that generated exceptional returnsHarry's biggest betting wins and lessons from twenty years as a professional bettorHis advice for anyone looking to build a sustainable betting career from scratchSupport The PodcastYou can support the SBC Podcast by visiting our podcast sponsor, Matchbook. Get 150 days commission free via this link: https://welcome.matchbook.com/SBC150Resources & MentionsHarry on Twitter(X): https://x.com/bazapepsSmart Betting Club: https://smartbettingclub.com/

June 18, 2026Episode 10537 min

Juan From Bet Hero: Building One Of The Smartest Value Betting Platforms

In Episode 104, Pete sits down with Juan, founder of Bet Hero, the value betting platform recently reviewed and recommended in SBC Magazine 164.Juan explains how his journey into betting began not through gambling, but by identifying inefficiencies in other markets. From building software to profit from sneaker releases, GPUs and collectibles, his background in computer science and automation naturally led him into arbitrage and eventually value betting.The discussion explores the difference between arbitrage and value betting, why expected value is the foundation of long term success, and how Bet Hero evolved from a simple Discord alert bot into a platform covering more than 400 sportsbooks worldwide.Pete and Juan analyse SBC’s review of 16,488 bets producing a 4.06% ROI, explaining why ROI alone can be misleading, the importance of closing line value, and how successful users maximise returns through volume, discipline and focusing on EV rather than short term results.Finally, Juan discusses Bet Hero’s unique pricing model using multiple sharp sources, alongside Kelly staking, middle betting, and the ongoing battle to stay ahead of increasingly sophisticated bookmakers.SBC members can also access an exclusive 20% discount on Bet Hero plans, saving up to €215 when joining before the end of June 2026. Full details at https://smartbettingclub.com/blog/bet-hero_review/Topics covered includeFrom sneaker reselling and software engineering into sports bettingHow arbitrage introduced Juan to value bettingWhy expected value is more important than individual resultsLearning to ignore short term variance and think long termBuilding the first Bet Hero Discord botGrowing from a personal tool into a platform covering 400+ sportsbooksWhy underserved betting regions create opportunitiesHow SBC analysed 16,488 Bet Hero bets and recorded a 4.06% ROIWhy ROI must be viewed alongside turnover and betting volumeUsing EV filters to improve performanceWhy closing line value is a key measure of successThe habits of Bet Hero’s most successful usersWhy higher odds and lower strike rates can still offer excellent valueBuilding fair odds using multiple sharp sources rather than only PinnacleThe role of exchanges and prediction markets in modern pricingKelly staking versus level stakesAdding middle betting and future Bet Hero developmentsSupport The PodcastYou can support the SBC Podcast by visiting our podcast sponsor, Matchbook.Get 150 days commission free via this link:https://welcome.matchbook.com/SBC150Resources & MentionsBet Hero: https://betherosports.comBet Hero on X: @betherosportsSmart Betting Club: https://smartbettingclub.com/SBC's review of Bet Hero: https://smartbettingclub.com/blog/bet-hero_review/Key Quotes and Pull OutsOn discovering value betting“I always heard that less than 5% of bettors actually make money. The moment I understood how sportsbooks set odds and bake in a margin, everything changed.”“In the long run, value betting is more profitable (than arbitrage) because you don’t need to hedge and sacrifice some of the profit.”On mindset and handling variance“If you start getting anxious about short term performance, it’s going to play you mentally.”“I don’t even check how the games are doing anymore. I place as many bets as I can and look at the results later.”“The top users only care about expected value. It doesn’t matter if the bet has a 1% chance of winning or a 70% chance of winning. As long as it’s positive expected value, that’s all that matters.”On building Bet Hero“In the beginning, my idea was to build it for myself to take advantage of my local sportsbooks.”“There was no website, no dashboard. It was just a Discord bot sending me alerts when a value bet was found.”“Once I saw the product was working for me and for my friends, I decided to make it public.”On the reality of value betting returns“Even if you’re getting a 1% ROI, it’s daily. It compounds very quickly.”“I find there is a misconception when people compare betting ROI to the stock market. It’s like comparing apples to oranges.”On finding the best betting opportunities“We usually recommend users start with over 3% expected value because you have a safe margin.”“Beginners care too much about winning probability. They filter out a big chunk of volume where value exists.”“There is no sportsbook that is the sharpest at everything.”On the future of betting markets“Prediction markets provide valuable data because you can see where the money is flowing and in what magnitude.”"This is a constant battle. The sportsbooks get better with time and we also get better.”“We continue improving the software every day.”

June 5, 2026Episode 10434 min

Smart Bash Live : "Getting Down Is The Real Edge" With Jeevan Jeyaratnam, Phil Smith & Varun Sudhakar

Recorded live at Smart Bash 2026, Pete Ling is joined by Phil Smith, Jeevan Jeyaratnam and Varun Sudhakar to explore one of the biggest challenges facing profitable bettors today: not finding value, but actually getting money down.The panel discusses how AI driven risk management, affordability checks and increasingly sophisticated customer profiling have changed the betting landscape. Topics include account longevity, timing of bets, market selection, exchange betting, accumulators, player props and the practical realities of avoiding restrictions while still maximising value.Drawing on experience from both sides of the industry, the conversation offers actionable insights for bettors looking to improve their returns, preserve access to bookmakers and make more from the edges they already have.Key topics:Why finding value alone is no longer enough, and how to make sure you can actually get meaningful stakes on your best betsWhat modern bookmakers are really looking for when profiling customers, and how AI is changing the way winning bettors are identifiedPractical ways to improve account longevity and reduce the risk of restrictions, affordability checks and stake reductionsHow accumulators, player props and other market types can help serious bettors maximise opportunities and stay under the radarWhy the timing of your bets can be just as important as the selection itself, and how to avoid common execution mistakesHow betting exchanges can provide greater flexibility, better scalability and an alternative route when bookmaker limits become an issueActionable advice for £50 to £100 stake bettors looking to increase profits, preserve accounts and build a more sustainable betting operationSupport The PodcastYou can support the SBC Podcast by visiting our podcast sponsor, Matchbook. Get 150 days commission free via this link: https://welcome.matchbook.com/SBC150Resources & MentionsPhil on Twitter(X): https://x.com/philbettingJeevan: https://x.com/JeevesOddsVarun: https://x.com/svarun91Smart Betting Club: https://smartbettingclub.com/Key Quotes"Finding value has become much more democratised. Getting your money down is now 50% of the problem, if not more. The real challenge these days is execution."Varun"Every Monday morning I'll be at my desk looking at my deposits for the week and making sure I don't go over £500 per week because the affordability check will tend to trigger if you're depositing five grand a month."Phil"It's about not what wins, but what wins you the most."Pete"I've realised that I need to spread the staking across various different accounts. When I do it on one or two accounts, that's when the affordability check triggers."Phil"We're seeing algorithmic AI solutions that will do this job much faster, much better and at a greater scale than human traders can do."Jeevan"You can prime an account, but AI will pick up your bet as soon as you put the good bet on."Jeevan"You can have the biggest edge in Romanian tennis, but if you can't get down, it just doesn't matter."Varun"If you value the account, you've got to be very careful betting on niche markets where there's little liquidity."Jeevan"The worst thing that you can do is keep getting accounts locked with big cash balances in. You don't know when you're going to get paid out. It's just a nightmare."Phil

May 11, 2026Episode 10333 min

Smart Bash 2026 - Exclusive Preview With Jesse May & Simon Nott

In Episode 102 of the SBC Podcast, I’m joined by Jesse May and Simon Nott to preview Smart Bash 2026, which is taking place on May 27th and 28th in London, England. You can grab your tickets and save 10% on the cost by using the SBC discount code: SBCSBASH10 when purchasing via www.smart-bash.comThis special episode breaks down why Smart Bash has quickly become one of the standout betting events in the UK, bringing together everyone from aspiring bettors to some of the sharpest operators, traders and professional gamblers in the industry.We discuss what makes the event different from a traditional gambling conference, why the networking side is such a huge part of the experience, and how many of the best conversations happen away from the stage, between bettors sharing ideas, edges and experiences that rarely get discussed publicly.We also preview the major workshops and panels taking place across the two days, including:• World Cup betting and trading angles• Prediction markets and exchange betting• The growth of the black market• Tax and syndicate structures• Bookmaker restrictions and sustainability• Racecourse betting and bookmaker insights• The evolution of betting edges• Why “getting money down” has become one of the biggest modern advantagesAlongside the betting discussions, the episode also explores the wider challenges facing bettors today, from affordability checks and regulation through to the growing importance of execution, timing and account management.Whether you are looking to sharpen your edge, meet like minded bettors, or better understand where the betting industry is heading next, this episode explains exactly why Smart Bash has built such a strong reputation within serious betting circles.Support The PodcastYou can support the SBC Podcast by visiting our podcast sponsor, Matchbook. Get 150 days commission free via this link: https://welcome.matchbook.com/SBC150Resources & MentionsSmart Bash Tickets: www.smart-bash.comSmart Betting Club: https://smartbettingclub.com/On what makes Smart Bash different“It was the brainchild of people who wanted something that was just for bettors, just serious bettors.”On betting being a lonely pursuit“Professional gambling, or the attempt to become a professional gambler, is a lonely road.”On the networking side of Smart Bash“They only met that day at the event, but they were talking as if they’d known each other for years.”On hidden betting talent“There’s quite a lot of people who attend that have no profile publicly, but are big bettors or run big betting operations”On Jose’s workshop“Too many people just think they have a bet and always bet a single instead of looking at multiples and parlays.”On execution and betting strategy via the SBC Panel planned“If you can 2x how much money you can make from every account, that’s worth that edge alone.”On why people should attend“If you have a passion for taking betting seriously, just come. You’ll have fun.”

April 24, 2026Episode 10251 min

Phil Smith, Antepost Betting Edges & Battling The Bookies - A Modern Betting Journey

Today, I’m joined by Phil Smith, a full time football bettor specialising in antepost (futures) markets and exchange trading.Phil shares his journey from early losses and trial and error, through to building a profitable approach combining Betfair trading and more recently, antepost betting. We go deep into how antepost betting works in practice, where the real edge comes from, and why volume, structure and discipline are key to long term success. The conversation also explores the growing challenges facing bettors today, including Phil’s own experiences, from being permanently removed from Betfair after years of activity, to being locked out of funds and bets for months during an affordability check with Sky Bet.These real world examples highlight the realities of modern betting, where getting money down, accessing funds, and even maintaining accounts has become as important as finding value. Bettors everywhere are experiencing woeful levels of customer service and significant hurdles depositing money for betting due to the failure of affordability checks and overbearing regulation. Phil's story captures and explains those frustrations in full for all to hear.This is a practical, honest discussion about modern betting, where theory often takes a back seat to execution, access and adaptability.KEY TALKING POINTSPhil’s journey from early losses to going full time in 2020Transition into antepost betting and building a profitable edgeTurning a £3k bankroll into £12k through structured bettingBetfair trading as the foundation of his bankrollImpact of affordability checks, account closures and restrictionsBeing removed from Betfair after years of activity.Being locked out of funds and bets for months with Sky BetEvolution of his antepost strategy and staking approachManaging variance through diversification and structured bettingCombining short term income with long term ante post returnsSupport The PodcastYou can support the SBC Podcast by visiting our podcast sponsor, Matchbook.Get 150 days commission free via this linkResources & MentionsPhil on Twitter(X): https://x.com/philbettingTelegraph article featuring Phil "The professional sports gamblers being hunted down by the bookies"Chris Fawcett's SYC Suggestion Smart Betting ClubKEY QUOTESOn early struggles: “There was a lot of going through bankrolls and going around in circles. “It took me about 10 years before I went full time.”On finding an edge in antepost betting: “I realised there was a lot more to learn and a lot more angles to cover.”On building a bankroll: “I turned three grand into about twelve grand, that was a big bank builder.”On going full time: “I wasn’t happy in my job, so I decided to take the risk and go for it.”On Betfair challenges: “Betfair staff don’t really understand how people trade and operate. I never expected to get kicked off, it definitely caught me by surprise.”On Sky Bet issues: “It was six months of no access to my funds, no access to my bets. You can’t even speak to the people actually dealing with your account.”On volume and variance: “If you don’t place enough bets, you can easily get caught out.”On long term success: “If you can combine day to day profit with long term systems, that’s the way to go.

April 3, 2026Episode 10151 min

Antonino De Rosa - The Reality of Sharp Betting, Models, Markets and Scale

In Episode 100 of the SBC Betting Interview series, Pete welcomes a special guest to mark the milestone, Antonino (Ant) De Rosa, a former Pinnacle trader and now operator of a large scale professional betting group.This episode goes deep into the reality of sharp betting. Not theory, not models in isolation, but how markets actually move, how sportsbooks react, and why execution is often the biggest edge in the modern game.Ant shares his unique journey from elite level Magic: The Gathering player to being recruited by Pinnacle, where he specialised in live NBA trading. He explains how his edge was never about knowing sport better than others, but about predicting behaviour, understanding where the next bet would come from, and how the market would react.The conversation then shifts into the mechanics of running a serious betting operation today. From scaling across multiple sports, managing hundreds of accounts, and handling real world challenges like liquidity, restrictions, and non payment.Ant is clear that having a strong model or idea is not enough, if you cannot get money down, the edge has no value.This is a rare, honest look at the sharp end of betting in 2026, where success comes from combining insight, discipline, and the ability to execute at scale.Support The PodcastYou can support the SBC Podcast by visiting our podcast sponsor, Matchbook. Get 150 days commission free via this link: https://welcome.matchbook.com/SBC150Resources & MentionsAvoid The Trap Podcast: https://open.spotify.com/show/3VXIHNAv3HS9738ZeS0mKuAnt De Rosa on X/Twitter: https://x.com/DeRosa_AntoninoSmart Betting Club: https://smartbettingclub.com/Topics covered includeFrom Magic: The Gathering to Pinnacle traderHow Pinnacle identified and used sharp bettorsPredicting where the next bet comes fromWhy market movement is driven by respected moneyThe difference between “cold” and “hot” betsHow sportsbooks actually set lines and limitsBuilding and scaling a multi sport betting operationManaging hundreds of accounts and execution challengesThe reality of getting bets on and getting paidWhy liquidity defines what is worth bettingHow edges evolve and disappear over timeWhere opportunities still exist in modern bettingKey quotes On what made him successful at Pinnacle “I was able to predict where the next bet was coming from."On market dynamics “If nothing is happening and a sharp bets you, you have to move. If they bet after you move, that means something completely different.”On sportsbooks and pricing “Opening lines don’t matter. Within 15 minutes you’re at the right number taking bets.”On timing of bets “Why did they bet now and not later, that’s the question you should be asking.On betting reality vs theory “If you can’t get money down on it, it’s worthless.”On execution challenges “I had no idea how hard it was to bet until I started doing it myself.”On scaling and liquidity “For us to get 10k down on a challenger match, 300 people might have to see the bet.”On building an edge “Start with an idea, then test it. Don’t start with a sport and hope to find one.”

March 5, 2026Episode 10043 min

Graeme Acheson: Finding a Rugby Betting Edge & Sunderland Managers

Pete sits down with Graeme Acheson, founder of Sports4Cast, the data driven modelling platform recently reviewed in SBC Magazine 161.Graeme explains how a background in accountancy and risk analytics evolved into building forecasting models across rugby, football and baseball. What began as a passion project tracking rugby rankings developed into a fully automated betting model designed to identify bookmaker mispricing through probability accuracy.The discussion centres on rugby, where the model has produced a double digit ROI over the past 12 months, and why thinner, less efficient markets can offer opportunity for disciplined bettors. Graeme breaks down the distinction between prediction and probability, how his dynamic system adapts to market movement, and why timing can matter as much as selection.The conversation then moves beyond betting, exploring how the same ranking methodology has been used by football clubs such as Sunderland to help shortlist managers and guide season level decision making.Finally, Graeme outlines plans to expand into further sports, the challenges of modelling sharper markets like football, and why simple principles, applied consistently with good data, can still uncover edges in 2026.Topics covered includeFrom chartered accountant to sports modelling founderHow rugby rankings evolved into a betting modelWhy rugby markets are less efficient than footballWhy early week pricing can offer stronger edgesLiquidity trade offs and closing line efficiencyUsing A, B and C bet gradings to manage riskFully automated modelling and hourly odds updatesWorking with betting syndicates vs retail bettorsApplying ranking systems to football manager recruitmentData driven shortlisting at SunderlandSeason targeting models and decision support for clubsExpanding into football, baseball and future sportsWhy probability accuracy matters more than picking winnersSupport The PodcastYou can support the SBC Podcast by visiting our sponsor, Matchbook. Get 150 days commission free via this link Resources & MentionsSports4Cast: sports4cast.comSmart Betting Club: https://smartbettingclub.com/Key quotes and pull outsOn how it started“I didn’t start doing it for betting. I just enjoyed making the predictions and seeing how accurate they were.”“The first question everybody would always ask was, do you use these for betting?”On rugby as a betting market“There’s always something going on in rugby, and it’s not priced as efficiently as football.”“The mispricings in some of the smaller rugby leagues are almost farcical.”“Three or four days out you’ll see plenty of good opportunities. The trade off is limits.”On Using The Sports4Cast Service"The system is constantly updating. Every hour the recommendations can change.”“Different users will see different opportunities depending on when they log in.”On Syndicates and Scale“I speak to a couple of syndicates who take the responsibility of getting the bets down. That allows you to get some skin in the game without the admin of keeping accounts open.”“If you have the execution in place, there is definitely scale there in rugby.”On working with football clubs“If a manager consistently joins clubs and leaves them at a much higher ranking, they must be doing something right.”“You never blindly follow the data. You match the quantitative with the qualitative.”“It just gives clubs a grounding. You’re not sticking your finger in the air.”

February 17, 2026Episode 9946 min

Chris Fawcett on 20 Years As A Sharp Bettor & The Modern Betting Market

Pete sits down with Chris Fawcett, former full time professional gambler turned model builder and co founder of Sharp Betting.Chris reflects on a 20 year career in betting that began in the late 1990s, from early horse racing speed ratings to automated exchange models, and later high volume football accumulators. He explains how exchanges changed the game, why markets became more efficient, and why staking and risk tolerance evolved as he got older.The conversation then shifts to Sharp Betting, how the models work, why accumulators make sense in today’s soft bookmaker environment, and the challenge of educating bettors to trust process over short term results.Finally, Chris gives a detailed and data driven take on the state of the UK betting market, affordability checks, exchange decline, black market growth, rising taxation, and what he believes needs to change.TopicsStarting as a full time pro in the late 1990sHow Betfair transformed his betting careerFrom manual betting to fully automated modelsWhy market efficiency forced constant adaptationMoving from high variance gambling to lower risk tradingThe evolution of staking as experience grewWhy price matters more than opinionThe logic behind using accumulators in soft marketsLessons from making six figures before account closuresHow Sharp Betting models football and racingEducating users to trust process over short term runsNFL and NBA modelling and the rise of prediction marketsExchange liquidity decline and what it means for bettorsAffordability checks, black market growth, and unintended consequencesPractical advice for serious UK bettors in 2026Support The PodcastYou can support the SBC Podcast by visiting our podcast sponsor, Matchbook. Get 150 days commission free via this link: https://welcome.matchbook.com/SBC150Resources & MentionsSharp betting: https://sharpbetting.co.uk/Chris on Twitter: https://x.com/chrisgambler247Smart Betting Club: https://smartbettingclub.com/Key QuotesWhy Business Feels Riskier Than Gambling “Doing business actually feels riskier than gambling ever did. Every decision is costly.”The Betfair Turning Point “Betfair was a complete game changer. Once you could automate bets, everything changed.”Models Must Adapt “Early on I trusted the model completely. Later I learned you have to adjust to the market.”Why Accumulators Make Sense “If you want to survive with soft bookmakers today, you have to bet where they expect to make money, and that often means accumulators.”Where Did The Money Go “We have a situation now where the regulated betting market is shrinking and that money has gone somewhere.”Culture Change First “The only way we go back to a healthier market is a culture shift. It cannot be the operator’s job to decide what someone can or cannot afford to gamble.”Punishing The Majority “It feels like we are punishing the whole population to protect a minority, without measuring whether harm is actually being reduced.”Adapt, Do Not Exit “I would not tell people to leave the UK. There are still opportunities, but you have to adapt.”

December 19, 2025Episode 9857 min

Inside a Modern Bookmaker, Restrictions, Tax, Compliance & More With Anthony Kaminskas

In Episode 97 of the Smart Betting Club Podcast, I am joined for the third time by Anthony Kaminskas, founder of AKBets and a former professional punter turned bookmaker.Nearly three years on from the launch of AKBets, this conversation takes stock of how the business has grown, how the betting industry has shifted, and why life as a modern bookmaker is far tougher than most punters realise - including a healthy discussion on betting restrictions.AK speaks candidly about operating under UK regulation, handling restrictions, managing compliance risk, and absorbing rising costs at every level of the business. He also lifts the lid on the real economics of running a sportsbook, sharing hard numbers on payroll, data feeds, duties, levies, payment processing and platform fees.This is not a marketing interview. It is an honest look at why betting markets look the way they do, why margins are tightening, and why both punters and bookmakers are being squeezed by the same pressures.Topics covered include• The early chaos of launching AKBets just before Cheltenham and surviving the first year • Growing from a one man operation to a licensed bookmaker with close to 30 staff • Why compliance now outweighs trading as the biggest business risk and team • How and why bookmakers limit or restrict certain betting patterns • The reality behind social media narratives around account closures • The impact of rising UK betting and casino duties on prices and offers • Why higher taxation almost always leads to worse odds for customers• The true monthly cost of running a UK sportsbook • Why horse racing is becoming harder and harder to offer sustainably • The growing risk of black market operators as regulation tightens • Whether the future still holds opportunity for sharp bettors • Why professional gambling skills transfer well outside bettingIf you want to understand how bookmakers actually think, why markets behave the way they do, and where the pressure points now sit in UK betting, this is essential listening.Support The PodcastYou can support the SBC Podcast by visiting our podcast sponsor, Matchbook. Get 150 days commission free via this link: https://welcome.matchbook.com/SBC150Resources & MentionsAKBetsSmart Betting Club