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Against the Rules with Michael Lewis

Episode 5: The Mule

Against the Rules with Michael Lewis

Pushkin Industries

Business, Society & Culture, Sports

4.69.8K Ratings

🗓️ 19 November 2024

⏱️ 34 minutes

🧾️ Download transcript

Summary

The role has many names: “Runner,” “mover,” “betting partner,” and “mule.” As skilled sports gamblers find themselves limited on apps, they turn to these affiliates to place their bets in return for a piece of the proceeds. Against the Rules decides to explore this murky world by signing up for mule-dom with one of the world’s most skilled sports bettors.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Pushkin.

0:09.0

Planet Money helps you understand the economy.

0:11.8

We find the people at the center of the story.

0:14.2

Garbage in New York.

0:15.6

That was like a controlled substance.

0:17.7

We show you how money influences everything.

0:20.7

Tell me what you like by telling me how

0:23.4

you spend your money. And we dig until we get answers. I had a bad feeling you're going to bring that up.

0:28.5

Planet Money finds out. All you have to do is listen. The Planet Money podcast from NPR.

0:35.3

A few months ago, I asked my executive producer to download a bunch of online sports betting apps and open up accounts with them.

0:43.1

Partly because I live in California where sports betting isn't yet legal, and Lydia Jean Cott, my producer, lives in New York where it is legal.

0:51.2

And partly because, well, I just thought it would be kind of fun to see what would

0:55.5

happen when you thrust someone like L.J. into the sports gambling jungle. Someone with exactly

1:02.0

zero interest in sports and even less interest in gambling. Someone who just hates the

1:07.9

idea of putting money at risk. L.J. is not a fan, and she's really not a gambler.

1:14.7

So, you know, once I log in, I see on my screen, it's honestly a really overwhelming view of things.

1:25.5

It's all blue. It says fan dual sportsbook, and there's a ton of different options.

1:31.6

So there's NFL, MLB. Let's take an example. Let's click on NCAA football.

1:37.7

There's banners everywhere that are like, refer a friend, give $50, get $50.

1:48.6

And then if you scroll down, it has different bets that you can do.

1:53.3

So it says, for instance, college football odds.

1:56.9

And then there's a list of NCAA football games. And then it allows you to bet on different games and in different ways.

...

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