The Fat Pitch: Inefficient Markets and the Future of Sports Gambling

Michael Schwimer, CEO and founder of Big League Advance and Jambos Picks, built his first company by combining sports analytics and investing. Now he’s setting his sights on outsmarting Las Vegas. In a world where 2% and 20% fee structures are in jeopardy, this interview examines how Schwimer was able to build his most recent fund at 3% and 30%. His strategy relies on arbitraging the inefficiency of niche markets - using advanced analytics to invest in minor league baseball players, attempting to beat Vegas oddsmakers, and identifying other opportunities in the business of sports and sports gambling. Filmed on August 15, 2019 in New York.