DraftKings spouse limits

Sports betting is weird and typically not my cup of team. If I “gamble” at all, it’s on the stock market 😎

However, a friend of mine runs a company called OddsJam. They sponsored today’s post. OddsJam is NOT a gambling platform and to be clear nothing I’m saying here should be taken as financial advice.

That said, the interesting thing about OddsJam is that it sources data from a bunch of sportsbooks into one app and shows you how to place a bet on both the winning and losing side which creates a hedged bet of sorts. Because of this, if you make bets on both sides of the event, you will collect winnings regardless of the outcome (albeit with a smaller return than simply better).

This kind of broke my brain when I first heard about it, as it’s very similar to derivatives trading strategies like credit spreads. It’s pretty neat. I talked with my friend about doing sponsored content for his app, but the problem is they aren’t big enough for me to satirize OddsJam directly. Instead, we decided to satirize a sportsbook (like this DraftKings concept) and then point people to the app from there.

With that in mind, I wondered what it might look like if a spouse could limit how much their partner can bet. In many situations, this would make someone’s gambling behavior a lot more rational. This would likely be to the detriment of the app, but it would save a lot of people from gambling addictions.

Have a friend who would never be able to bet again? Send them this newsletter.

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