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matthew metcalf Profile
matthew metcalf

@MMpact

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helping to build real sportsbooks

las vegas, nv
Joined April 2009
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@MMpact
matthew metcalf
28 days
@edteach27 I feel like broncos panthers was pretty solid.
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@MMpact
matthew metcalf
28 days
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@MMpact
matthew metcalf
1 month
@LasVegasLocally I was playing blackjack at a table with him at Bally’s 20 years ago and some drunk kid wouldn’t stop asking him “how’s Paul Walker with the baby blue eyes?”. They eventually escorted the kid off the casino floor.
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@MMpact
matthew metcalf
1 month
@HeedTheseTakes circa sports
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@MMpact
matthew metcalf
2 months
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@MMpact
matthew metcalf
2 months
@rgarcia57 @BigBuckHunterrr not yet, but hopefully some point soon.
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@MMpact
matthew metcalf
2 months
def open to discussing this stuff more in depth. as discussed on the pod i'm not sure entirely what is possible with our project but optimistic and much of my hope for my own future sportsbook hinges on developing tools that we're working on. we're not live with anyone yet, fliff included, but are in talks to launch in 2025 with a couple operators.
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@MMpact
matthew metcalf
2 months
@tabby_laz @JeffreyBenson12 Mojo is attempting to build automation around the price discovery process in a way that facilitates books to offer larger menus with better pricing. Mojo would allow for books to have fewer traders but less blind spots throughout the vast derivative menus of today’s sportsbooks.
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@MMpact
matthew metcalf
2 months
@JeffreyBenson12 @DzonnyBravo I left Circa to try and get closer to my goal of running my own regulated US Sportsbook.
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@MMpact
matthew metcalf
2 months
I thought about this a little. It’s a catch 22 for me at this moment in time. I can speak pretty eloquently I think with a lot of stock answers but my goal specifically on this pod was to give as much new insight as I could for the listener which kind of bogs me down mentally because it’s thoughts I haven’t formulated yet. I feel some amount of pressure to not sit silently before answering which I realize could be superior for the listener though. I don’t think it’s lessons because I know I’m capable of speaking without the “likes” and “you knows”. It may just be getting more comfortable with silence at certain points before I start speaking. Either way I feel like I learn something with every opportunity to speak about my craft. glad you were able to power through and listen.
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@MMpact
matthew metcalf
2 months
@neek_762 @TheRealJWubs @CirclesOffHQ @robpizzola @Pinnacle Def something I’m working on. I think the longer the interview the more I slip into doing it. It feels easier than dead air while I search for my next word but I understand how it’s not great to listen to. Some interviews I don’t use it at all - not sure why so much in this one.
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@MMpact
matthew metcalf
2 months
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@MMpact
matthew metcalf
3 months
@poconomike4 @235tri @Spreadapedia this is what correctly should happen when limits aren't high enough at any market making book. its one of the few options bettors have when they don't think a book is compensating them enough for their info or over-moving #s. kind of a checks and balances for greedy sportsbooks.
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@MMpact
matthew metcalf
4 months
@dennycaps1 she's new
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@MMpact
matthew metcalf
4 months
i think what happens alot of times is limits are extended with good intent but later the bookmaker realizes he isnt able to handle the action for a variety of reasons. bad bookmakers will limit on results as in player was winning too much/clv but the smart ones realize that one of the best tools they can have at their disposal is winning players. i tried to be very cautious when i extended because the last thing you want to do from both a customer service standpoint and a fairness standpoint is walk limits back in the middle of a season - sidenote - i have stuck to what i perceived as tough deals for me in the past out of fairness but not all of them - sometimes i had to change midseason because i just couldnt make the action work to such a large degree that i felt we had no other option for the business still to function. at circa sports i felt it was important to make the litmus test on if we could extend be whether we could handle the action because as stated my goal was to write as much money as i could. i have never entered into these discussions with the primary factor being whether or not the player is a long term winner. however, winning play/bets are obviously highly correlated to market movement and whether you can handle the action so i think thats why its sometimes confusing to those outside of our organization. plus obviously a players ability to win is a factor in figuring out a limit but for circa at least - i do not believe it is the actual thing we are concentrating on when we made these decisions. i think circa was the exception along with a few other books such as prime. i would imagine for most legal bookmakers operating in the US that their approach to limiting/extending is probably more centered around CLV and ROI but thats why i preferred our approach at circa of trying to work with players to help them get down the highest percentage of their desired wagers instead of the typical way other operators behave. but again keep in mind my goal was to write as much volume as i could - the industry's goal for the most part is to have the highest hold percentage.
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@MMpact
matthew metcalf
4 months
when i was there i would often have customers who i deemed winning players ask for extended limits and i treated them all on a case by case basis. i often said our goal at circa sports was to help customers get down and that was true. if someone was motivated enough to seek me out for a conversation and wanted extended limits i would always consider it. from my point of view the main question i had to ask myself was how big of a bet can i consistently take and still be in control of my position. alot of what ends up determining if extending is possible is how quiet is the player in the market. excessive steam or movement can sometimes make bigger bets harder to work with. good bookmakers are always trying to see bets from winning players so the fact that i am obsessed with writing as much action as possible and that i want to see the sharpest action i can motivates me to take bigger bets when i am able to. in many cases i hoped that taking a larger bet would incentivize sharper players to be more forthcoming with their positions in a manner that benefited both parties. that is the dream scenario. i always pushed our standard limits as high as i could because i like to write and see bets and if giving someone bigger was possible i would try. i cant comment on this situation that is being discussed as i wasnt part of it but that was my thought process when i was there. circa sports.
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@MMpact
matthew metcalf
4 months
@RetardedGambler green tea has caffeine, would probably go peppermint or chamomile otherwise you may have trouble falling asleep.
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@MMpact
matthew metcalf
4 months
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@MMpact
matthew metcalf
4 months
@capjack2000 good stuff
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