Future Sports Betting & Jack Settleman from Snapback Sports

Written by: Bill Krackomberger
Updated February 23, 2023
4 min read

It’s episode 135 of Wise Kracks and we are taking a look at a little bit of everything: the state of betting the NBA as we enter the second half, betting MLB futures, insight when it comes to handicapping the XFL, a preview of UFC Fight Night: Krylov vs Spann and evergreen advice when it comes to cashing out a bet early. 

Your hosts Bill Krackomberger and Jon Orlando welcome in Jack Settleman the founder of Snapback Sports to cover you on whatever your sporting preference is, handing out valuable notes in their always entertaining manner. 

“Boy, you better wait it out. That’s why I’m made at LeBron.”

Bill discusses why betting on NBA winners is a zero-sum game until the very last moment and why that is unlikely to change given the state of the Association. They transition to baseball where the New York teams are garnering plenty of early interest.

“The true odds are not what they truly are. If I can bring the hold down by line shopping, I’m interested, but I’m never going too hard at it.”

Betting The XFL

“I didn’t even know they were here in town.”

The guys discuss why a wait-and-see approach is best for this new league. There are too many moving pieces to feel good about having an edge, but the betting public is thirsty for action … be careful.

To cash out or not to cash out?

“N.O. In capital giant letters.”

Bill has strong feelings about buying out of your bets and nothing Jon can say will talk him off of it. Do you agree? He says taking an early cash out of a sports bet is even worse than buying insurance and black jack. The idea of putting cash in your pocket is tempting, but you’re being asked to give up tremendous value and that makes it a long-term losing strategy. 

UFC Fight Night: Krylov vs Spann

“I have watched him train and he looks like a savage.”

Jon is in on Ode Osbourne as an underdog in the undercard and then has a strong take on the main card. Will you be tailing his high upside parlay? The choice is yours, but Jon feels good about this card heading into the a few big events coming up!

Snapback Sports Founder: Jack Settleman

Jack is an influencer that has made his living around professional sports, including attending every Monday Night Football game for an entire season. 

“I was a football consultant for the Fall.”

He has some strong takes on Lamar Jackson as he looks to get paid and then details how the idea of Snapback Sports came about. Jack and Bill go back-and-forth on the importance of responsible gambling, the idea of betting for fun versus betting for a living and plenty more.

“The average bettor has no idea. There’s a learning curve that the public is experiencing now.”

Wanting to get into the specifics of the NFL offseason, Jon presses Jack with a handful of prop bets dealing with Tom Brady’s future and Derek Carr’s landing spot … should a playoff team be considering his services?

Catch Wise Kracks Every Thursday on YouTube

Welcome to Wise Kracks, your go-to source for all things betting, pop culture, tips & more! Your hosts Jon Orlando and Bill Krackomberger dive into the NHL, NBA, MLB, MMA & NFL from a unique angle, giving you the type of insight you need to make you a build your bankroll.

They are often joined by a third voice from within the industry, further expanding the expertise and insight on anything and everything in the sports betting sphere. Make sure you’re in a position to check out a brand new episode of Wise Kracks every single Thursday by tuning into the WSN YouTube channel

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Image for Bill Krackomberger

Bill Krackomberger

Sports Betting Analyst, Content Specialist & On-Air Host

Expertise:
Online Sports Betting
Online Casino
Billy “Krackman” Krackomberger has made his living as a professional sports gambler for nearly three decades. You have seen him on ESPN, Gaming Today, and SiriusXM. His connections in the sports gambling industry run all the way to the top. His bets move the lines and regularly have him banned from books for being too sharp.
Nationality: American
Education: N/A
Favourite Sportsbook: FanDuel Sportsbook
Favourite Casino: Caesars Palace Casino
Experience:
30 years
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