NCAA Betting Scandal • Prediction Market Truth • Parlay Myths

NCAA Betting Scandal • Prediction Market Truth • Parlay Myths

May 1, 2026 · 1h 13m

About this episode

The episode discusses the NCAA betting scandal involving Texas Tech QB Brendan Sorsby, prediction markets, and misconceptions about parlay betting.

This episode covers a wide range of topics across betting, prediction markets, and probabilistic thinking. We start with the Brendan Sorsby situation after reports surfaced about a major gambling-related issue involving the Texas Tech QB, including over 10,000 bets placed dating back to 2022. The conversation focuses on what this means for gambling integrity in college sports and the broader responsibility discussion that comes with it. From there, the panel reacts to Isaac Rose-Berman’s recent article on prediction markets and the way they are positioned as an alternative to traditional sportsbooks. The discussion explores whether that framing is accurate, how these platforms actually generate profit, and what bettors often misunderstand about their structure. The group also breaks down a viral take from Plus EV Analytics on parlay thinking and how human intuition struggles with probability when outcomes are layered together. Host Jacob Gramegna is joined throughout the episode by Joey Knish, Isaac Rose-Berman, and Chris Dierkes (Flupnolide), a trader at Novig, with all four contributors involved in the full discussion across gambling, markets, and bettor psychology. 📅 New…

People in this episode

Host: Jacob Gramegna

Guests: Joey Knish, Isaac Rose-Berman, Chris Dierkes

Topics covered

Keywords

Mentioned in this episode

Organizations: Texas Tech, Plus EV Analytics, Novig

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