Setting payout percentages lower than 60% is counterproductive because it causes players to stop using the machines, whereas higher payouts encourage them to keep betting.
“My argument with sunny was I said look you know if we're making 2,000 a week 2,000 a week 1,500 eventually these guys stop playing it yeah then again I'm I'm stupid I'm young I don't know and then we're making 300 bucks a week and used to be 2,000 because you're getting greedy”
Matthew Cox | Inside True Crime · Dec 2024 · 2 episodes · 550K views on this topicHe claims that before it became legal, he was running a high-quality international sports betting operation that could have been legitimate.
“If I would have just stuck to the gambling, DraftKings probably would have hired me as their CEO because I was running a great great gambling business. I mean, I was international.”
Soft White Underbelly · Sep 2025 · 1 episode · 1.5M views on this topicHe suggests legalizing gambling would make the industry more profitable and help reduce the market for illegal bookmakers.
“I think it's ridiculous that it's not. I mean, they'll make more money on it, number one. Number two, um, they won't have as many bookmakers, right? I mean, there's always going to be illegal bookmakers because people don't want what we discussed earlier. But at the end of the day, I mean, the more ”
Soft White Underbelly · Aug 2025 · 1 episode · 357K views on this topicThe gambling business, including numbers and sports betting, was a highly lucrative revenue stream generating tens of millions of dollars for the mob.
“the sports gambling huge huge business I mean that brought in tens of millions of dollars a week in Revenue because there was um dozens and dozens of bookmakers that were were in western Mass and Connecticut”
Soft White Underbelly · Sep 2024 · 1 episode · 162K views on this topicExtracted by a model; may misattribute who said what.
Complete months · first on record Nov 2023