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Published · transcript-backed

John Collison: belief

17 Mar 2026 Cheeky Pint Creating prediction markets (and suing the CFTC) with Tarek Mansour and Luana Lopes Lara

“Where, I think people don't think so much about this dynamic, but for a sports bookie, the best possible punter is someone who is kind of unsophisticated, bets on, like, their home soccer team's game.”

— John Collison

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Everything needed to verify it.

Speaker
John Collison
Attribution
Verified speaker
Claim type
belief
Recorded
17 Mar 2026
Publisher
Cheeky Pint

Transcript context

…Right. Ok. Another market-making question. So sports bookies have this need to crack down on what in their industry is called sharps, you know, people who are too good. Where, I think people don't think so much about this dynamic, but for a sports bookie, the best possible punter is someone who is kind of unsophisticated, bets on, like, their home soccer team's game. Irrespective of the odds.…

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