[sirbetsalot]

Yes that is an interesting question. My co-founders were so incompetent at this business that I took over all business development. I personally met with a dozen casinos owners in Las Vegas, 4 massive odds tech companies in Great Britain and about 7 off shore, billion dollar gambling firms like pinnacle, william hill and the like.

Not a single one committed on the spot to give me money despite my API being faster (in GPU and C++) smarter (generating 6% ROI on the dollar staked ON TOP of their juice) and better coded (All Haskell, Python and occasionally C). I was floored. Technology meant nothing to these wealthy people.

I realized that the people who ran the sports books were so lazy and incompetent that they would never understand what convex optimization was and that If I instead committed to learning how to bet, I would eventually grind millions of dollars out of their archaic systems. Quite simply, anyone with enough commitment and resources can outsmart the index.

Its not that they were dolts, but that their focus was not on math and better real-time odds; the focus was on bilking very poor bettors out of their money and preying on them as much as possible. These guys just worked 9 to 5 collected fat paychecks, basically work in palaces with sweet perks, and abhorred (and scoffed) change of any kind.

Once I realized that being smart and capable would never sell, it was an elementary decision. I quit, let my investors down, left a quarter million on the table (which my foolish co-founder burnt through and AGAIN got a $3m term sheet pulled at the last minute by the SAME jewish lawyer investor guy lol) and simply said, life is easier when I only have to deal with myself. The rest is history, I surpassed a half million dollars and now sustain an excellent lifestyle. hit me up anytime at @ess2dashizzleC on twitter. (yah I like snoop dogg)