Co-founder: Third Planet Media (@InGameHQ/@Casino_Reports). Past: PocketFives, US Bets. Tennis junkie. Vandy, Titans, Braves, Panthers.
Weston, FL
Joined November 2008
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This was a great time. We went all the way back to the early 2000s, playing trivia at the flying saucer in Nashville!
🚨 New episode alert!
On this episode of the Business of Betting Podcast,@jeffedelstein is joined by @AdamLoebSmall to share candid insights into the evolution of affiliate marketing, the challenges facing media and SEO-driven businesses, and why Costa Rica holds a special place in his heart.
Presented by @Optimove, the #1 CRM Marketing solution for the iGaming industry.
Listen now 👇
Youtube: youtu.be/MzYDk2CNXiE
Apple Podcasts: podcasts.apple.com/us/podcas…
Spotify: open.spotify.com/episode/39s…
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I thought about this so much around 2005-2006. So many people I knew at that time were 18-25yo who basically did nothing but poker. I wondered a lot at the time, and I wonder a lot now, what would become of all those people. A few of them are still in the spotlight. But there were so many.
From the heart, guys. I got lucky with poker & it had nothing to do with cards. I'd already started a family & put in years on the trading floor. I was fortunate to find poker at 27 & not 18. If I found poker as a teen, I don't know where I'd be. Same brain, same competitiveness, no anchor.
I've watched it happen too many times. A kid finds the game early, he's good at it, or even great at it, but it takes everything out of him & more often than not takes everything away from him. His twenties & thirties just get lost in time.
Those are the years you're supposed to be meeting someone & building a life outside the room. The game doesn't tell you it's doing that. It just does. Every year feels like one more year. Then you look up & you're 35 or 45 with a hotel key card & nothing else. The opportunity to build a family continues to slip away.
Not a lecture. The game has given me plenty. But it takes a lot from people who never had anything else to hold onto. It's dark, but we need to talk about it.
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This is banana pants
Significant escalation via the @CFTC, which has ordered prediction markets to stop geofencing states within 30 days, or explain why they can’t.
Puts Kalshi in precarious spot, on a collision course with court orders in Michigan, Nevada & Washington, where its sports contracts are currently banned.
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Adam Small retweeted
The ability to reach ~35 million Americans, synchronously, every week, for 5+ years.
Different time.
Adam Small retweeted
LOVE seeing tennis, the best sport, grow like crazy at the youth level.
From 2019 to 2025 tennis participation rose 72% for ages 6–12 and 46% for ages 13–17.
Golf rose 55% for ages 6–12 and 73% for ages 13–17. @lisascherzer @FOS via @AspenInstitute
frontofficesports.com/articl…
It’s amazing how people who already have more money than they can count still cower before their funders
Readers added context they thought people might want to know
Mao Zedong is under any single social metric a dictator. Not a single popular election, single government party and lifetime leadership. Not even taking into account the millions of deaths under his reign.
en.wikipedia.org/wiki/Mao_Zedong
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Adam Small retweeted
A win tonight makes the 2026 #Brewers the eighth MLB team to trail in every game they won in a best-of-7+ postseason series yet win said series. Also:
-2015 Royals, WS
-2004 Cardinals, NLCS
-2002 Angels, WS
-1997 Marlins, WS
-1981 Dodgers, WS
-1975 Reds, WS
-1925 Pirates, WS
If the implicit agreement is PM’s are allowed to let business rip but regulators are gonna let connected criminals steal and launder money, that doesn’t work. Easy if you’re positioned to make life changing money to talk yourself into thinking that’s not what’s happening. The experienced capital allocators funding these businesses must get it though.
They can push for real, serious regulation, not rubber stamps. And speak out against regulators that would intentionally let illegal behavior slide
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Like the crypto industry, the prediction markets industry has a lot of supporters that are in it for entirely illicit reasons. If either wants to be long-term sustainable, need to get serious about rooting this stuff out
I'm not smart enough to understand why scandals do or don't win the public's attention, but I was blown away by this reporting from @CGorrivan, @ElleBeyoud and @nicola_m_white. If you're interested in markets, it's worth your time. Here's a gift link bloomberg.com/news/features/…
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Adam Small retweeted
Everything that has happened to the Titans since trading AJ Brown:
*Titans have the worst record in the NFL at 19-54 since
*Eventually led to firing of Mike Vrabel
* Record since firing Mike Vrabel is 6-33 (have won 2 home games + 1 division game total in 3 seasons)
*AJ Brown won a Super Bowl and Mike Vrabel made a Super Bowl
*AJ Brown had more Super Bowl appearances with the Eagles than Treylon Burks had receiving touchdowns with the Titans
*Have scored 17.2 Points per game since the trade, the worst in the NFL.
*Let Derrick Henry walk without trying to re-sign him
*Derrick Henry has 732 more rushing yards and 22 more rushing touchdowns than the entire Titans RB room combined since leaving
*Traded Malik Willis to the Packers for a 7th rounder only for him to beat us 27 days later as the starting QB by 16 points
*Traded the leader of our defense, Kevin Byard (to the Eagles, of course) for two 2024 draft picks + player…none of those players are still on the Titans two seasons later.
*Lost Mike Keith - the voice of the Titans for 27 years and one of the best in the entire industry - to the University of Tennessee
*Lost Lance Smith - their longtime on field game-day host and hype man
*Have never replaced Lance Smith and the game day production is one of the worst in professional sports
*Lowest attendance numbers since Nissan Stadium opened in 1999.
*Dropped the Greek mythology bit from the Titans branding so no one knows what the Titans even mean anymore
Every decision made is the wrong one and if you do that long enough and you get Hell on Earth.
Adam Small retweeted
At some point in time, everyone has to decide how important truth and truth seeking is to them, and it seems that most *on both sides of the political spectrum* have decided, consciously or unconsciously, that it is not at all important.
The cost of this decision (along with who bears it) varies, but it can become *very* expensive. Alternatively, there is *tons* of profit/alpha in caring quite deeply about it.
Adam Small retweeted
Imawhale is hiring a remote bookkeeper. We are a trading firm and our books are complicated. We have accounts across Kalshi, Polymarket, DraftKings and other platforms, with money moving between them daily. Right now it lives in too many places and we need one person to own it and get everything into a single clean set of books.
You would be our first bookkeeper. There is no existing system you have to inherit or work around, so how the books get set up and structured is your call.
We need somebody with real experience. If you have only done basic small business books this probably isn't the fit. The right person has cleaned up a mess before and actually likes figuring out why something doesn't tie out. New stuff gets thrown at us all the time, so you cant be someone who gets rattled. You will be working mostly on your own, so you have to be organized and proactive.
Fully remote. You would work directly with me and the rest of leadership. Send a resume to [email protected]