Why The Founder of FanDuel Thinks The Future of Betting Is Onchain

In the newest episode of The Edge Podcast, the Founder and former CEO of FanDuel, Nigel Eccles, relates how his journey through intense regulatory battles during the rise FanDuel ultimately gave him confidence to start building a crypto-native casino onchain. He shares why he believes building on a blockchain like Solana offers the perfect design space for the future of gambling and sports betting and how his newly launched project BetHog will set itself apart from traditional platforms thanks to the unique opportunities building onchain brings to the table.

Special thanks to our sponsor Mantle, the team behind the fast-growing LRT, cmETH!

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Timestamps

0:00 - Intro

3:07 - Background

4:49 - History of DFS battling regulators

8:27 - How did FanDuel ensure regulation didn’t kill DFS?

15:17 - Why does Web3 offer a better design space for betting?

20:38 - What do we need to bring more betting onchain?

24:05 - Thoughts on Polymarket and prediction markets

31:29 - Mantle mid-roll

32:10 - Why Nigel’s a fan of memecoins

39:58 - What is BetHog?

44:15 - What's possible with GambleFi built onchain?

46:40 - Betting on crypto native users vs net new users

48:58 - Why BetHog launched on Solana

52:17 - The challenge vs opportunity as a builder with new networks

59:39 - Puffer Finance mid-roll

1:00:24 - Ideas for community building with BetHog

1:03:17 - Lessons from FanDuel for BetHog

1:07:10 - Closing

🔗 Guest Links 🔗

► BetHog Website: https://www.bethog.com/

► BetHog on X/Twitter: https://x.com/playBetHog

► BetDEX on X/Twitter: https://x.com/betdexlabs

► Nigel Eccles on X/Twitter: https://x.com/nigeleccles

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