JAMBOS

10 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Sep 16, 2019 by Michael Schwimer · said 14 times in 1 episodes since 2019 · across every show →

Mentions by year

brought up most by Ted Seides (7), Michael Schwimer (7)

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2019 14 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about JAMBOS, oldest first

Sep 16, 2019 neutral
Prediction Not checkable as stated
JAMBOS expects its sports betting edge to disappear within two years
“We're only going to have this advantage for a year or two, I think. There's only a very short number of time where subscribers can take advantage of this.”
Michael Schwimer Sep 16, 2019 ▶ 32:23 Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Sep 16, 2019
Disclosure
Schwimer: JAMBOS grades picks using market consensus lines, not cherry-picked odds
“So when we release a pick and email instantly goes out to our subscribers and it's time stamped with the line that the pick is in. We also now use the market consensus line. Which is the average. So we're not cherry picking the very best line.”
Michael Schwimer Sep 16, 2019 ▶ 24:36 Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Sep 16, 2019
Disclosure
JAMBOS spends over $5 million annually on data and payroll
“We're all in more than five million bucks here, probably on an annual basis.”
Michael Schwimer Sep 16, 2019 ▶ 20:35 Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Sep 16, 2019 bullish
Opinion
Schwimer: Proprietary football data gives JAMBOS a much bigger edge than baseball
“In NFL and college football. We have data that nobody else has. And so that's why I think those two sports will have a far better advantage than baseball.”
Michael Schwimer Sep 16, 2019 ▶ 20:01 Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Sep 16, 2019 positive
Disclosure
Pro sports team owners offered JAMBOS equity to run their analytics
“We've been contacted by several team owners in major sports wanting to give us equity in teams at this point, which is a huge avenue for us to do and be able to take over some of these teams and data analytic departments and really use it.”
Michael Schwimer Sep 16, 2019 ▶ 32:05 Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Sep 16, 2019
Assertion Not checkable as stated
JAMBOS achieved a 57% win rate on 2,700 out-of-sample picks
“But our record is still around 57%.”
Michael Schwimer Sep 16, 2019 ▶ 28:52 Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Sep 16, 2019 bullish
Assertion Not checkable as stated
JAMBOS achieved a 59% win rate against the spread in college basketball
“And we started doing it from then on through the college basketball season. We're up about 140 units. Now that might sound a little confusing, but basically a winning percentage of almost 59%.”
Michael Schwimer Sep 16, 2019 ▶ 14:55 Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Sep 16, 2019
Disclosure
JAMBOS offers a $10,000 payout if its football picks lose money
“If we're negative units, that means if you bet the same amount on every game, and you lose money, we will give you 10 thousand dollars back.”
Michael Schwimer Sep 16, 2019 ▶ 26:51 Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Sep 16, 2019 bullish
Assertion Not checkable as stated
Schwimer: JAMBOS football and baseball models backtested better than college basketball
“Obviously we don't have any track record in those sports. This will be our first season for it, but the model back tests at a better rate than our college basketball.”
Michael Schwimer Sep 16, 2019 ▶ 18:48 Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Sep 16, 2019
Disclosure
JAMBOS will shut down its service if market adjustments eliminate its edge
“And if the closing lines are jumping many, many points to where we're losing, we are going to shut down the subscription service because we can no longer provide positive expected value plays to our subscribers.”
Michael Schwimer Sep 16, 2019 ▶ 29:35 Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
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