Business of Betting with Jason Trost
382 episodes - English - Latest episode: 6 days ago - ★★★★★ - 48 ratingsA betting podcast about the business side of the betting, wagering and investing world. Hosted by Jason Trost
Hosted on Acast. See acast.com/privacy for more information.
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Episodes
E207 - Chris Grove from Acies Investments
March 22, 2024 14:00 - 47 minutes - 43.3 MBOn this episode of the Business of Betting Podcast, Jason is joined by Chris Grove from Acies Investments Hear them discuss: 01:43 - How Chris became so good at doing PR 03:31 - What Chris sees as his "north star" for his work in the betting and gaming industry 09:29 - Chris' thesis on why the future is "not so much gamifying sports betting as building games that are powered by sports outcomes" 15:33 - Where Chris sees opportunity for startups and challenger brands in a duopolistic US ...
E206 - James McLoughlin from Stirling Mac
March 15, 2024 14:00 - 32 minutes - 29.9 MBOn this episode of the Business of Betting Podcast, Jason is joined by James McLoughlin from Stirling Mac. Hear them discuss: 01:53 - Are US sportsbook product companies or marketing companies? 05:44 - The importance of price as part of the betting product experience 09:30 - Lean marketing tactics for operators without billion dollar marketing budgets 12:00 - How to successfully market betting apps using app store optimization 15:17 - Acquiring users and customers organically 20:27...
E205 - Antonino De Rosa
March 08, 2024 22:46 - 38 minutes - 35.5 MBOn this episode of the Business of Betting Podcast, Jason is joined by Antonino De Rosa. Hear them discuss: 01:50 - Magic the Gathering, Dungeons & Dragons, and chess 06:06 - How Antonino found his way to the Pinnacle trading floor 07:44 - Why the low vig sportsbook model isn't more popular 12:09 - The reason that sportsbooks screwed up the 2020 US presidential election markets 15:10 - Antonino's thoughts on exchanges, and why he doesn't use them 17:57 - Running a basketball betting s...
E204 - Matt Restivo from OddsJam
March 01, 2024 17:04 - 20 minutes - 18.9 MBOn this episode of the Business of Betting Podcast, Jason is joined by Matt Restivo from OddsJam. Hear them discuss: 01:00 - Life in Boulder, CO 02:46 - The recent ruling on the 14th Amendment in CO 04:45 - Introduction to OddsJam 07:07 - Overview of arbitrage and value betting 10:48 - Preserving betting account longevity 13:30 - 10-year vision for OddsJam 14:52 - Sourcing pricing data to power OddsJam's tools 17:06 - OddsJam founding story 18:55 - Company size and traction ⚡️ Fol...
E203 - Will Martin from LiveDuel
February 23, 2024 17:02 - 37 minutes - 34.4 MBOn this episode of the Business of Betting Podcast, Jason is joined by Will Martin from LiveDuel. Hear them discuss: 01:22 - The Irish political landscape 04:20 - Origin story of LiveDuel, and why Will felt a new exchange was needed in the market 08:15 - How LiveDuel is differentiating itself from the incumbent exchanges 09:54 - Will's opinion of what Smarkets could have done differently with its exchange 13:02 - How LiveDuel is utilizing blockchain technology, and why it is the right ...
E202 - Manu Gambhir from Xpoint
February 16, 2024 17:59 - 34 minutes - 31.5 MBOn this episode of the Business of Betting Podcast, Jason is joined by Manu Gambhir from Xpoint. Hear them discuss: 02:24 - Introduction to Xpoint 03:45 - The geolocation provider landscape in the US market 05:20 - Primer on geolocation regulatory requirements 07:50 - Competitive dynamic of geolocation providers in the US 11:26 - The technical complexity of building geolocation solutions 18:04 - Lawsuits and legal challenges around IP rights 20:27 - The regulatory complexities of op...
E201 - Paul King from OddsMonkey
February 09, 2024 15:00 - 28 minutes - 26.5 MBOn this episode of the Business of Betting Podcast, Jason is joined by Paul King from OddsMonkey. Hear them discuss: 01:45 - a primer on matched betting & Paul's background with it 05:30 - the background and origins of OddsMonkey 07:50 - Paul's view of the sports betting industry 10:30 - bookmakers' attitudes towards matched betting 12:30 - the change over time in the value of bonus offers, and Paul's outlook for the future of bonusing 16:20 - the role that exchanges play in matched b...
E200 - Joe Brennan Jr. from Prime Sports
February 02, 2024 14:00 - 43 minutes - 40 MBOn this episode of the Business of Betting Podcast, Jason is joined by Joe Brennan Jr. from Prime Sports. Hear them discuss: 02:51 - using restaurant metaphors to explain Prime Sports' position in the market 10:52 - the parallels between the Costco shopping experience and sports betting 14:40 - why cricket is an underappreciated sport for betting 22:04 - the shift in how audiences are consuming live sports, and why that doesn't bode well for microbetting 24:37 - operating Prime Sports...
E199 - David Frohardt-Lane from DL Trading
January 30, 2024 17:11 - 31 minutes - 29.2 MBOn this episode of the Business of Betting Podcast, Jason is joined by David Frohardt-Lane from DL Trading. Hear them discuss: 01:09 - David's background in high frequency market making 03:22 - Why David invested in Sporttrade's Series A funding round 05:20 - The price sensitivity of American bettors 07:54 - Comparing financial trading to trading sports betting markets 10:15 - Deep dive on DL Trading's role as Sporttrade's principal market maker 14:22 - The challenges of trading sport...
E198 - Brad Allen from Eilers & Krejcik
January 20, 2024 16:38 - 27 minutes - 25.3 MBOn this episode of the Business of Betting Podcast, Jason is joined by Brad Allen from Eilers & Krejcik. Hear them discuss: 01:34 - The origin of Brad’s weekly podcast, Zero Latency 03:05 - Brad takes control of the host chair and asks Jason questions 03:48 - Smarkets’ initial plans to enter the US market, and how that’s changed over time 06:46 - How Smarkets is localizing its core product to the US market 09:27 - Smarkets’ future prospects and opportunities in the US 11:31 - The allu...
E197 - Jacob Fortinsky from Novig
January 16, 2024 20:22 - 34 minutes - 32.3 MBOn this episode of the Business of Betting Podcast, Jason is joined by Jacob Fortinsky, co-founder & CEO of Novig. Hear them discuss: 02:43 - The current controversy at Harvard, Jacob's alma mater 06:40 - Companies taking political stances, and how Jason and Jacob think about that within their companies 09:31 - Jacob's experience meeting Paul Graham, the founder of Y Combinator 12:04 - High concept overview of Novig 13:35 - Raising $7 million from investors to build Novig 15:30 - Wha...
E196 - Paris Smith
December 15, 2023 21:23 - 29 minutes - 27.1 MBOn this episode of the Business of Betting Podcast, Jason is joined by Paris Smith, the former CEO of Pinnacle. Hear them discuss: 00:47 - Thoughts on the US 02:45 - When Paris beat Jason in a poker tournament 06:42 - The low margin sportsbook model 10:37 - Her tenure at Pinnacle 13:53 - Comparing Pinnacle to bet365 16:31 - Her take on the exchange model 20:40 - Departing Pinnacle after 17 years as CEO 23:07 - The importance of getting peer support 26:14 - Life living in the Caribb...
E195 - Jesse Learmonth from The Betting Startups Podcast
December 11, 2023 19:47 - 31 minutes - 28.5 MBOn this episode of the Business of Betting Podcast, Jason is joined by Jesse Learmonth, host of The Betting Startups Podcast. Jesse has interviewed almost 100 industry startup founders, and has a unique lens on the industry's early-stage ecosystem. He has been in the industry for 14 years as a founder, an executive at Pinnacle Sports, and advisor to several industry startups. Timecodes: 00:54 - Launching The Betting Startups Podcast 04:01 - Choosing a podcast format 06:42 - Authenticity...
E194 - Joey Levy from Betr
September 01, 2023 08:35 - 36 minutes - 50 MBOn this weeks edition of the Business of Betting Podcast, Jason is joined by Joey Levy from Betr. With the backing of social media personality and boxer, Jake Paul, Joey is the Founder and CEO of Betr which is the first direct-to-consumer micro-betting focused sports betting company. Betr has also launched a new media venture for the next generation of sports fans. Betr is setting out to disrupt legacy gambling and legacy media, with a mission of making sports and betting Betr. Timecodes: ...
E193 - Vinit Bharara from Mojo
August 18, 2023 15:29 - 38 minutes - 52.9 MBOn this weeks edition of the Business of Betting Podcast, Jason is joined by Vinit Bharara, Co-Founder & CEO of Mojo. After just over two years working as an attorney in New York in the late 1990's, Vinit decided to change career paths and become an entrepreneur. Vinit is now onto his fifth start-up with Mojo which is the first ever licensed sports betting stock market. Timecodes: 00:20 - Introduction 02:05 - Vinit's background story 03:55 - Vinit's early days as an entrepreneur 05:30...
E192 - Evan Kirkham from Outlier
July 25, 2023 13:37 - 34 minutes - 47.8 MBOn this edition of the Business of Betting Podcast, Jason is joined by Evan Kirkham, Co-Founder & CEO of Outlier. Having previously worked as an attorney for over 10 years, in October 2020 Evan launched Outlier as a startup CEO and hasn't looked back since almost three years down the line. Outlier is a first-of-its-kind sports betting platform where sports fans can browse, analyze, and execute bets with confidence. Timecodes: 00:35 - A message to fans of the podcast 02:38 - Getting t...
E191 - Chris Bevilacqua from SimpleBet
May 24, 2023 13:56 - 42 minutes - 58.5 MBOn this edition of the Business of Betting Podcast, Jason is joined by Chris Bevilacqua, Founder & CEO of SimpleBet. With a passion for sport held from an early age, Chris started his career as part of the video production team at NBC, making promos for NBA & NFL games. After a successful period in the TV industry in which Chris won awards, he decided to launch SimpleBet in 2018. SimpleBet is a B2B product development company using machine learning and automation to make every moment of ev...
E190 - Soo Kim from Bally's
May 09, 2023 21:42 - 34 minutes - 47.5 MBOn this edition of the Business of Betting Podcast, Jason is joined by Soo Kim, Chairman of Bally's Corporation. Soo is the founding partner of investment firm Standard General L.P. & is the firm's Managing Partner & Chief Investment Officer. Soo has a wealth of experience in the investment space, but has also been involved in the evolution of the gaming industry. Timecodes: 00:57 - Soo's background 03:30 - What kind of entity is Standard General? 05:09 - The structure of a Hedge Fun...
E189 - Dustin Gouker
May 05, 2023 12:54 - 44 minutes - 61.7 MBOn this edition of the Business of Betting Podcast, Jason is joined by Dustin Gouker, Consultant at Catena Media. Dustin's story began in the newspaper industry where he worked as a journalist for a number of years before venturing into marketing. In 2015, Dustin began to report on the sports betting and online poker industry for Legal Sports Report. His latest role was as a Vice President at Catena Media in charge of content. He is now acting as a consultant for Catena Media, while decidin...
E188 - Joel Simkins from Houlihan Lokey
March 31, 2023 09:31 - 42 minutes - 59.2 MBOn this edition of the Business of Betting Podcast, Jason is joined by Joel Simkins, Managing Director in Houlihan Lokey's Technology Group. Joel began his career as a leading equity analyst before successfully transitioning to investment banking where he has gained a wealth of experience in the gaming industry. Jason and Joel cover a range of topics such as regulation in the industry, discussion on some of the leading sports betting companies, Joel's advice to young entrepreneurs and much...
E187 - Dean Sisun from Prophet Exchange
March 17, 2023 11:25 - 44 minutes - 61.6 MBOn this edition of the Business of Betting Podcast, Jason is joined by Dean Sisun, CEO & co-founder of Prophet Exchange. They discuss why and how Prophet was set up, how Prophet compares to its competitors & much more before there is a twist to the second half of the podcast! Timecodes: 00:27 - The founding story of the Prophet Exchange 03:43 - What is Prophet doing that its competitors aren't? 05:00 - Why move back to the US to launch? 07:25 - When did Prophet launch & how is it going?...
E186 - Leigh Nissim, Future Anthems
February 24, 2023 10:57 - 36 minutes - 50.6 MBHosted on Acast. See acast.com/privacy for more information.
E185 - Justin Dellario, CEO of unikrn
February 17, 2023 15:17 - 42 minutes - 57.9 MBJustin is joined by Justin Dellario, CEO of eSports betting company, unikrn, on the latest edition of the Business of Betting Podcast. Justin explains what unikrn is, how the world of eSports works and what sports betting has to do with eSports. Hosted on Acast. See acast.com/privacy for more information.
E184 - Varun Sudhakar from BetDEX
February 17, 2023 13:04 - 46 minutes - 63.4 MBJason is joined by Varun Sudhakar, CEO & Founder of BetDEX in the latest episode of the Business of betting Pod. Varun shares his story, the inner workings of BetDEX, and his ambitions for the future of the company. Hosted on Acast. See acast.com/privacy for more information.
E183 - Alex Kane from Sporttrade
January 27, 2023 16:09 - 47 minutes - 64.8 MBJason is joined by Alex Kane, CEO and Founder of Sporttrade Inc. in the latest episode of the Business of betting Pod. Alex shares his startup story, as well as his views on the growth of the American sportsbook industry, and his vision for the future of the industry and exchanges. 04:01 Sporttrade: The humble beginnings 06:25 Alex’s Startup and Investment Round journey 08:18 Techstars to launch 12:31 Building the Sporttrade matching engine 16:00 Pre & Post trade challenges 19:33 Sport...
E182 - Lloyd Danzig from Sharp Alpha Advisors
December 20, 2022 16:00 - 44 minutes - 61.1 MBIn this episode of the Business of betting Pod, Jason is joined by Lloyd Danzig, Managing Partner at Sharp Alpha Advisors. In this episode Lloyd shares his views on the future of the sports betting and competitive gaming industry, the adaptation of the exchange model in the US, and his hopes for a next gen ‘smart’ world. 02:40 The many hats of Lloyd Danzig: Venture Capitalist investing in the next generation of sports betting and real money gaming platforms. 04:55 The rise of ‘Compet...
E181 - David Purdum from ESPN
September 23, 2022 13:31 - 46 minutes - 86.3 MBIn this episode of the Business of betting Pod, Jason is joined by David Purdum, Gambling reporter for ESPN. In this episode, Purdum who’s been writing on the industry since 2008 goes back on his career, and shares his opinion with Jason on legalization, Sportsbooks in the US and other aspects of the industry. 01:30 How did he get in the Industry: Starting in Atlanta, writing stories about the business, landing at ESPN 06:24 The road towards the federal legislation: The PASPA journey f...
E180 - Jed Corenthal from Phenix RTS
September 16, 2022 16:39 - 26 minutes - 49.3 MBIn this episode of the Business of betting, Jason is joined by Jed Corenthal, Chief Marketing Officer at Phenix Real Time Solution. Phenix is a B2B real-time video streaming solutions provider. The pair discussed the space Phenix operates in and how it's impacting the evolution of Sportsbooks. 01:35 Introduction - Started in sports, went through entrepreneurship and ended up in OTT at Phenix. What is phenix, what does real time streaming mean 04:08 The Secret Sauce: Using content owners, ...
E179 - Sanford Loudon of Oakvale Capital
July 29, 2022 19:04 - 44 minutes - 82.1 MBIn this episode of the Business of betting Sanford Loudon joins the show. Oakvale Capital is a leading M&A and advisory firm in the industry. Sanford covers his background, his access to deals, SPACS and shares his opinion on the market. 01:13 His background: From a traditional corporate finance background to gaming advisory; getting access to deals - networking, understanding the space, using his financial foundations 09:40 What are SPACS - Why companies do it, hot it works; the deal wi...
E179 - Sandford Loudon of Oakvale Capital
July 29, 2022 19:04 - 44 minutes - 82.1 MBIn this episode of the Business of betting Sandford Loudon joins the show. Oakvale Capital is a leading M&A and advisory firm in the industry. Sanford covers his background, his access to deals, SPACS and shares his opinion on the market. 01:13 His background: From a traditional corporate finance background to gaming advisory; getting access to deals - networking, understanding the space, using his financial foundations 09:40 What are SPACS - Why companies do it, hot it works; the deal wit...
E178 - Nigel Eccles - From Fanduel to Betdex
July 22, 2022 08:38 - 55 minutes - 104 MBIn this episode of the Business of betting Nigel Eccles joins the show. Nigel covers his early days at Flutter, his entrepreneurial journey with Fanduel, Betdex and entering the Crypto world. Finally, he gives his honest opinion on the industry. 01:29 His background: Starting at Flutter, taking over Betfair, Launching Betdaq 09:33 His entrepreuneur journey with Hubdub and Fanduel 12:30 Why Betfair is not the leader: Mistakes that prevented Betfair to be #1 15:13 Betfair Post Mortem: Miss...
E177 - News roundup with Brad Allen
July 15, 2022 17:34 - 28 minutes - 53.8 MBIn this episode of the Business of Betting podcast, Brad Allen from Legal Sports Report (LSR) joins Jason Trost to cover and share opinions about the latest industry news. 00:53 Amy Howe talks offshore betting: Making a better product, taxes, offshores books and limits of the market 10:10 Matchbook brokerage service 20:00 Openbet retraded price: stocks down 33%, B2B suppliers, change of control clauses Follow us on: https://twitter.com/bettingpod https://www.youtube.com/channel/UC...
EP177 - News roundup with Brad Allen
July 15, 2022 17:34 - 28 minutes - 53.8 MBIn this episode of the Business of Betting podcast, Brad Allen from Legal Sports Report (LSR) joins Jason Trost to cover and share opinions about the latest industry news. 00:53 Amy Howe talks offshore betting: Making a better product, taxes, offshores books and limits of the market 10:10 Matchbook brokerage service 20:00 Openbet retraded price: stocks down 33%, B2B suppliers, change of control clauses Follow us on: https://twitter.com/bettingpod https://www.youtube.com/channel/UC...
E176 - Scott Kaufman-Ross, SVP Gaming & New Business at the NBA
July 08, 2022 15:09 - 43 minutes - 41.3 MBIn this episode of the Business of Betting podcast, Scott Kaufman-Ross joins the show. Scott is SVP Gaming & New business at the NBA and talks about how he got his job, how the NBA is very pro betting and monetizes betting, what it sees in the future and how teams can decide who to work with. 02:14 How Scott got into the NBA: Starting in Finance, being a fantasy player 07:54 The evolution of the industry: The league’s position on sports betting, what the approach should be 14:38 The NBA...
E175 - News roundup with Brad Allen
June 24, 2022 17:47 - 35 minutes - 66.5 MBEP 175: Doesn’t every sports betting company in the US lose money? In this episode of the Business of Betting podcast, Jason Trost welcomes journalist Brad Allen from Legal Sports Report (LSR) to cover and share opinions about the industry news. 01:42 Wynn is closing down UK social Betting app BetBull: Wynn losing money on sports betting; Wynn getting out of sports betting?; casinos 11:28 The place of social in sports betting: Draftkings / bet groups; SBK; Skybet; Stock trading and Spor...
E174 - Paul Beattie of Soko Advisors
June 17, 2022 08:00 - 1 hour - 78.7 MBHave a listen to long time industry insider Paul Beattie pontificate on sports betting tech, regulation, and the best way to build technology in the industry https://www.sokoadvisors.com/ [email protected] Hosted on Acast. See acast.com/privacy for more information.
E173 - Quinton Singleton - founder of bet.works (Part 2)
June 10, 2022 09:10 - 56 minutes - 65.4 MBQuinton rejoins for Part II to talk about house edges, buying vs building, Fanatics getting into the business Long time betting industry exec and founder joins BoB to talk about bet.works, Cantor Gaming and innovation https://www.linkedin.com/in/qrsingleton/ https://twitter.com/QRSingleton Hosted on Acast. See acast.com/privacy for more information.
E172 - Quinton Singleton - founder of bet.works (Part 1)
June 03, 2022 07:00 - 53 minutes - 58.2 MBLong time betting industry exec and founder joins BoB to talk about bet.works, Cantor Gaming and innovation https://www.linkedin.com/in/qrsingleton/ https://twitter.com/QRSingleton Hosted on Acast. See acast.com/privacy for more information.
E171 - Jake Williams - Founder of Business of Betting Podcast
May 27, 2022 15:09 - 43 minutes - 44.6 MBJake joins us to talk about why he got into the industry, his time at Sportsradar, PointsBet and his thoughts of being such a prolific podcast host. Hosted on Acast. See acast.com/privacy for more information.
E170 - FanDuel to Barstool to Bettor Capital
April 20, 2021 20:00 - 45 minutes - 28.9 MBEpisode 170 - David VanEgmond David discusses his time at FanDuel and the Barstool/Penn acquisition as well as all his current efforts with Bettor Capital. We cover growth, branding, unit economics and the development of the betting space. Hosted on Acast. See acast.com/privacy for more information.
Ep: 170 - FanDuel to Barstool to Bettor Capital
April 20, 2021 20:00 - 45 minutes - 28.9 MBEpisode 170 - David VanEgmond David discusses his time at FanDuel and the Barstool/Penn acquisition as well as all his current efforts with Bettor Capital. We cover growth, branding, unit economics and the development of the betting space.
Ep: 169 - Bettor, Attorney and Podcaster
April 15, 2021 20:00 - 53 minutes - 33 MBEpisode 169 - Mike Roselli Mike is an attorney, bettor and podcaster who joins the podcast to discuss the US betting market, his development and learning curve in the betting space and the current makeup of US betting. Presented by Dimers.com
E169 - Bettor, Attorney and Podcaster
April 15, 2021 20:00 - 53 minutes - 33 MBEpisode 169 - Mike Roselli Mike is an attorney, bettor and podcaster who joins the podcast to discuss the US betting market, his development and learning curve in the betting space and the current makeup of US betting. Presented by Dimers.com Hosted on Acast. See acast.com/privacy for more information.
E168 - Don Best
April 07, 2021 21:00 - 40 minutes - 26.5 MBEpisode 168 - Benjie Cherniak Benjie was the MD of Don Best which is a well known odds screen for gamblers, traders and within the betting industry. Benjie shares his experience and thoughts, as well as discussing Avenue H Capital which is a new venture that invests in and advises businesses. This episode is brought to you by Dimers.com. Hosted on Acast. See acast.com/privacy for more information.
Ep: 168 - Don Best
April 07, 2021 21:00 - 40 minutes - 26.5 MBEpisode 168 - Benjie Cherniak Benjie was the MD of Don Best which is a well known odds screen for gamblers, traders and within the betting industry. Benjie shares his experience and thoughts, as well as discussing Avenue H Capital which is a new venture that invests in and advises businesses. This episode is brought to you by Dimers.com.
E167 - Betting on Content
March 31, 2021 20:00 - 45 minutes - 30.2 MBEpisode 167 - Zac Reynolds Zac launched the Betting on Content Agency (BOC Agency) to provide betting content to the US market. We discuss his path to creating the agency, how he sees the industry and content creation as well as the future of the business including working with Leagues, Teams, Suppliers, Operators and others to create betting content. BOC Agency - https://boc.agency/ This episode is brought to you by Dimers.com. Hosted on Acast. See acast.com/privacy for more inform...
Ep: 167 - Betting on Content
March 31, 2021 20:00 - 45 minutes - 30.2 MBEpisode 167 - Zac Reynolds Zac launched the Betting on Content Agency (BOC Agency) to provide betting content to the US market. We discuss his path to creating the agency, how he sees the industry and content creation as well as the future of the business including working with Leagues, Teams, Suppliers, Operators and others to create betting content. BOC Agency - https://boc.agency/ This episode is brought to you by Dimers.com.
E166 - Bookie Bashing
March 23, 2021 18:00 - 54 minutes - 28.9 MBEpisode 166 - Tom Brownlee Tom joins the podcast to talk about his advantage play and professional betting as well as the dark arts of betting and gambling. https://www.bookiebashing.net Hosted on Acast. See acast.com/privacy for more information.
Ep: 166 - Bookie Bashing
March 23, 2021 18:00 - 54 minutes - 28.9 MBEpisode 166 - Tom Brownlee Tom joins the podcast to talk about his advantage play and professional betting as well as the dark arts of betting and gambling. https://www.bookiebashing.net
E165 - Sports Betting 20/20
March 16, 2021 20:00 - 45 minutes - 27.5 MBEpisode 165 - Logan Fields Logan is the author of Sports Betting 20/20 and joined the podcast to chat about his career as a professional sports bettor. We cover golf betting, betting props, superbowl and more. Book Link : https://www.amazon.com/20-Sports-Betting-Think-Like-ebook/dp/B08LNZ9DQN/ref=sr_1_1?dchild=1&qid=1615851306&refinements=p_27%3ALogan+Fields&s=digital-text&sr=1-1 Hosted on Acast. See acast.com/privacy for more information.