The Bloomberg Terminal for Sports Bettors - Evan Kirkham, Outlier #262
In this episode of the Sports Tech AllStars Podcast, we present Evan Kirkham, CEO and Co-Founder of Outlier. The conversation explores how Outlier is building a data-driven sports betting platform that charges bettors directly rather than taking affiliate fees from sportsbooks, why that single decision shapes everything about the product, and where the $11 million Series A company is heading next - including a data acquisition and a new live betting product. Takeaways Outlier charges bettors a subscription fee instead of taking affiliate money from sportsbooks - a deliberate choice that keeps the product fully aligned with the user Taking affiliate fees from sportsbooks creates an incentive to funnel users rather than serve them - Outlier refuses to make that trade-off The platform is essentially a Bloomberg Terminal for sports bettors, taking users from insight to analysis to bet execution in one seamless flow 65% to 70% of Outlier's traffic is NBA, with prop bets driving 95 percent of overall usage The US skipped the betting shop era entirely - everyone came to digital sports betting at the same time, which is why adoption has been so fast The financialization of sports betting is the defining US trend - bettors will increasingly move in and out of positions like traders, with limit orders and automated execution The market is bifurcating between serious data-driven bettors and casual fans who just want entertainment - most products are still trying to serve both at once UK bettors have ingrained behaviors tied to legacy sportsbooks - breaking those habits is the core challenge of international expansion Outlier is acquiring a data technology provider and launching a net new live in-game betting product To learn more, visit: https://www.outlier.bet Get in touch with Evan Kirkham at: linkedin.com/in/evan-kirkham-581b1220 Hosted by Rohn Malhotra from SportsTechX - Leading source of Investment and Innovation insights in sports. As promised, here's your small surprise: Unlock your 30-day growth plan (worth €49) on the SportsTechX Intelligence Hub for free! Simply verify your company details and you get access to 1,500+ investors, programmes, initiatives and events in the sportstech ecosystem. Here's how to get set up and if you'd like a walkthrough of the platform, feel free to book a call here. More from SportsTechX: Explore the SportsTechX Intelligence Hub, an interactive database of over 8,000 sports tech companies, 8,000+ deals, 1,000+ investors, programs and events - HERE Download the latest Global Sports Tech Ecosystem Report - HERE Sign Up for the Sports Tech Weekly Newsletter for more news, features & insights on Sports Tech - HERE Stay Connected and follow for more: LinkedIn YouTube Spotify Apple Podcast Chapters 00:00 Introduction 02:59 What Outlier Is and Why It Calls Itself a Bloomberg Terminal for Sports 03:28 Is Outlier for Casual Bettors or Serious Ones? 04:08 The Match.com Model - Building a Suite of Data Products 05:14 The Origin Story 05:51 Game Lines vs Prop Bets 08:40 Why Outlier Charges Subscribers Instead of Taking Sportsbook Affiliate Fees 10:13 Subscription as the Core Business Model 12:10 Why Affiliate Models Serve the Sportsbook, Not the Bettor 13:18 100,000 Monthly Active Users and the NBA Dominance 13:48 Expanding Into Soccer and International Markets 16:00 Why the US Adopted Sports Betting So Fast Compared to Europe 17:57 The Learned Behavior Problem in UK Betting Markets 19:47 The Stale UK Market and the Opportunity for a Fresh Product 21:13 The Financialization of Sports Betting 23:20 The Bifurcation of Sports Betting: Serious vs Fun 24:11 Prediction Markets, Cultural Betting and Responsible Gambling in Europe 25:03 Betting as a Shared Entertainment Experience 26:38 Why Sportsbooks Are Missing the Fun Segment Entirely 27:12 What Is Next: Series A, CMO Hire, Data Acquisition and Live Betting Product 29:18 Favourite Sporting Moment