Main Became CEO of Sports Betting Michael Schwimer

In December, Schwimer will appear in a new episode of High Stakes Poker, which has returned for an eighth season with original hosts Gabe Kaplan and AJ Benza. Schwimer will face a lineup that includes Tom Dwan, Bryn Kenney, Rick Salomon, Nick Petrangelo, Jean-Robert Bellande and Brandon Steven.

Highlights of this interview include his birth to six feet, early appreciation for data, saying no to the hedge fund scorecard designed by Phillies Rick Pitino and Mike Krzyzewski, the lowdown on his signing bonus, like “Houdini” from small to big players, racking up teams $100-$200 poker game, Jonathan Papelbon’s favorite hand, big buy-in game with Tom Dwan in London, use of surprise elements in High Stakes Poker, baseball betting , expansion sports betting, singing to Bruce Springsteen, replaying a sixth grade basketball game, pizza socks and face slaps, and $780,000 bets on the Super Bowl bonus138

Chwimer decided to finish college and even intern at a hedge fund before being drafted by the Philadelphia Phillies. He spent three years in the minor leagues before making his major league debut, finishing his career with a 3-2 record. Schwimer says he made more money playing poker during team trips than he did as a player during his time in the league.

After retiring, Schwimer founded Big League Advance, a company that invests (or bets) on minor league baseball players in exchange for a percentage of their future earnings. His second company, Jambos, is now positioning itself in the fast-growing sports betting market.

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