The Aquest Podcast – Episode 7: Learning Risk Management from a Bookie
- Daniel Lawlor
- Jul 27, 2018
- 1 min read
The Aquest Podcast – Episode 7: Risk Management
Learning about risk management from a Bookie
In this episode of the Aquest Podcast, I am joined by David Lyons of Black Swan Sports who are market leaders in hedging financial risk related to the outcome of sporting events.
We chat about how bookmakers go about managing the risks associated with their positions and draw parallels with how risk management is carried out by financial services firms. Thanks to David for sharing some really interesting insights on risk management from a different industry sector. Enjoy!
The idea of learning risk management from a bookie is an interesting way to look at decision-making under uncertainty, where odds, probabilities, and calculated risks play a central role. It highlights how structured thinking and disciplined judgment are essential in high-stakes environments. These concepts are also closely aligned with the strategic risk management seminar & course for executives in Dublin, Ireland, where professionals explore practical frameworks for identifying, assessing, and managing risk in business contexts.