Michael Schwimer, founder of sports betting analytics platform JAMBOS, outlines potential long-term strategic directions including pro sports franchise ownership.
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“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.”
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More from Michael Schwimer
Opinion
Schwimer Claims MLBPA and Agents Oppose BLA Because They Ignore Minor Leaguers
“The MLBPA looks at is players just lost ten million dollars because they don't care. About the minor leaguers. And to see the amount of pushback we're getting from them and from agents that obviously don't care about their players and care more about them keep…”
Michael SchwimerOct 15, 2018▶ 47:10Michael Schwimer – Moneyball as an Investment Strategy (Capital Allocators, EP.72)
Disclosure
Big League Advance raised a $130M Fund II at 3-and-30 fees
“Our first one was a two and 20 and our twenty six million, our hundred and thirty million dollar fund was a three and 30. And so we actually took us five weeks to raise that. We actually raised 182, but I had to return fifty two million because there's only so…”
Michael SchwimerSep 16, 2019▶ 11:00Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
AssertionNot 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 SchwimerSep 16, 2019▶ 14:55Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
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 SchwimerSep 16, 2019▶ 26:51Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Opinion
Data usage by NFL and European soccer teams is embarrassingly poor
“I mean, football and European soccer, it's embarrassing, the use of data to make decisions.”
Michael SchwimerSep 16, 2019▶ 34:54Michael Schwimer - Sports Betting at JAMBOS (First Meeting, EP.08)
Disclosure
Schwimer Explains Big League Advance's Upfront Earnings-Share Model for Minor Leaguers
“Can I invest in them? Give them money, hundreds of thousands, at some point, sometimes millions of dollars, in exchange for a future share of their earnings. If they don't make it, they keep all the money, and if they make it, we share in their success.”
Michael SchwimerOct 15, 2018▶ 18:36Michael Schwimer – Moneyball as an Investment Strategy (Capital Allocators, EP.72)
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