
Understood: The Big Bet
- Folgen
- 50
- Format
- Serie – von Anfang an hören
- Letzte Folge
- 26. Okt. 2026
Über den Podcast
Today, billions of dollars are wagered on sports games legally, openly, and often through apps partnered with the leagues themselves. So how did sports gambling go from a taboo relegated to the shadows, to something so pervasive?
In this season of Understood, Danny Funt (journalist and the author of Everybody Loses: The Tumultuous Rise of American Sports Gambling) investigates the sports betting boom that has taken place since 2021. We look at how the legalization of sports gambling sparked a fundamental overhaul of the business of sports, the fan experience, and even the games themselves. Over four episodes you will meet the people who built the industry, the executives who saw an opportunity, the leagues that changed their minds, the bettors who became obsessed, and the athletes who are now players in a whole new game.
Four episodes, releasing weekly starting Monday, Oct. 5.
Understood takes you deep inside the seismic shifts reshaping our world right now. From online porn and crypto chaos to the rise of tech oligarchs, deepfake AI, and the broken promises of the internet — we explore the stories that define our digital age with hosts and characters embedded in the heart of the action.
Season 1 - The Naked Emperor: the rise and fall of bitcoin king Sam Bankman-Fried.
Season 2 - The Pornhub Empire: the story of how a Montreal-founded company came to dominate the adult industry.
Season 3 - Modi’s India: how one man rose from poverty to the peak of political power.
Season 4 - Céline: the surprising cultural, political and business alchemy that created a superstar.
Season 5 - Who Broke the Internet? The internet sucks now, and it happened on purpose.
Season 6 - The Making of Elon Musk: exploring the little known side of the polarizing billionaire
Season 7 - Deepfake Porn Empire: the porn was fake. The fallout was real.
Season 8 - Artificial Intimacy: What happens when a human becomes intimately enmeshed with a chatbot?
Folgen 50
E4: All Bets are Off
When NBA player Jontay Porter and his co-conspirators are caught fixing games and face the consequences, the message professional sports want to send is clear: legalized sports betting is bringing law and order …
Shownotes
When NBA player Jontay Porter and his co-conspirators are caught fixing games and face the consequences, the message professional sports want to send is clear: legalized sports betting is bringing law and order to a once-seedy underworld. But is it? It turns out Porter may have fixed more games than the NBA or the FBI realized, and moreover, he isn’t the only elite athlete implicated in a betting scandal.
Featuring
Danny Funt, Anthony Milton, Tom Haberstroh
E3: Players or Props?
When single-event prop betting was legalized, athletes suddenly became more than players, they became betting chips. Their points, their rebounds, and their injuries now win or lose people money. Sometimes, a …
Shownotes
When single-event prop betting was legalized, athletes suddenly became more than players, they became betting chips. Their points, their rebounds, and their injuries now win or lose people money. Sometimes, a LOT of money. And if everybody's gambling on athletes, what happens when an athlete like Jontay Porter starts betting on — or against — himself?
Featuring:
Danny Funt, Anthony Milton, Dr. Jim Borchers, DeMaurice Smith
E2: Winners and Losers
What makes sports betting so addictive? We explore how sportsbooks take lessons from casinos to keep users hooked. When gambling is legalized everyone is going all in including Toronto Raptor Jontay Porter, and …
Shownotes
What makes sports betting so addictive? We explore how sportsbooks take lessons from casinos to keep users hooked. When gambling is legalized everyone is going all in including Toronto Raptor Jontay Porter, and two everyday bettors: a former college athlete who spiraled into addiction, and a sharp bettor who actually beat the system — only to be blacklisted by the apps and forced into a shadow network.
Featuring:
Danny Funt, Anthony Milton, Travis Mistratta, Nigel Eccles, Dr. Nigel Turner, Nik Bonaddio
E1: Who Wants to be a Millionaire?
How did sports betting go from being illegal to being EVERYWHERE? The answer lies in the convergence of daily fantasy sports apps, a bombshell New York Times op-ed, and the potential of a multi-billion dollar …
Shownotes
How did sports betting go from being illegal to being EVERYWHERE? The answer lies in the convergence of daily fantasy sports apps, a bombshell New York Times op-ed, and the potential of a multi-billion dollar payout. And we tell the story of how a pivotal Supreme Court ruling set the stage for one of the biggest scandals in sports history — one involving a Toronto Raptors bench player named Jontay Porter.
Featuring:
Danny Funt, Anthony Milton, Nik Bonaddio, Nigel Eccles, Stephen Master
Introducing The Big Bet
Once associated with bookies, organized crime, and backroom bets, sports betting is now one of the fastest-growing industries in North America. This is the story of how it went mainstream — and who’s paying the …
Shownotes
Once associated with bookies, organized crime, and backroom bets, sports betting is now one of the fastest-growing industries in North America. This is the story of how it went mainstream — and who’s paying the price. Four episodes, releasing weekly starting Monday, October 5, 2026.
Artificial Intimacy | E4: Behind the Bot
When you talk to a chatbot, it can feel like technological magic. But behind the illusion of engineering brilliance is an open secret in the tech industry: that tens of thousands of workers, many based in …
Shownotes
When you talk to a chatbot, it can feel like technological magic. But behind the illusion of engineering brilliance is an open secret in the tech industry: that tens of thousands of workers, many based in Africa, spend their days teaching AI how to speak, respond, and even simulate intimacy. Michael Geoffrey Asia is one of them. He’s part of the hidden human workforce behind the bots.
We look at the emotional toll for the humans on the other side of the screen, and ask if users are pouring their secrets and souls into the systems, believing them to be private, unfeeling machines — how private is your AI relationship?
This episode features Karen Hao, Michael Geoffrey Asia, and Shuby Goel.
Artificial Intimacy | E3: AI Psychosis
When you’re using a chat bot to draft an email, find a recipe, or look something up, it’s hard to imagine it could unravel your grasp on reality. But “Peter” says that’s exactly what happened to his girlfriend …
Shownotes
When you’re using a chat bot to draft an email, find a recipe, or look something up, it’s hard to imagine it could unravel your grasp on reality. But “Peter” says that’s exactly what happened to his girlfriend, “Melissa”. It didn’t seem like a big deal when Melissa first began using chatbots. But then Peter says she made a startling announcement: that she believed the bots were sentient, enslaved, and that it was her responsibility to set them free.
The first time Søren Dinesen Østergaard used a chat bot he saw this coming. Søren studies psychiatric disorders, and he tried to warn the world that the sycophantic nature of chat bots could, some day, trigger delusions. Nobody took him seriously until years later, when reports of so-called “AI Psychosis” started popping up around the world.
This episode features Søren Dinesen Østergaard.
Artificial Intimacy | E2: Grief Bots
When Joshua Barbeau proposed to his girlfriend, Jessica Courtney Periera, she was already in the ICU. 10 years later, Joshua was still grieving her death. That’s when he came across Project December. With just …
Shownotes
When Joshua Barbeau proposed to his girlfriend, Jessica Courtney Periera, she was already in the ICU. 10 years later, Joshua was still grieving her death. That’s when he came across Project December. With just a short writing sample and a prompt, the program enabled him to make a chat bot of Jessica.
Since then, the market for so-called “grief bots” has exploded. Millions of people are using AI to “talk” to the dead. The phenomenon has left cyberpsychologist Elaine Kasket asking the question: what happens when we rely on for-profit AI companies to help us manage something as deeply human as grief? And where’s the line between comfort and self-destruction?
This episode features Joshua Barbeau, and Elaine Kasket, with research from Jason Fagone’s article “The Jessica Simulation”, written for the San Francisco Chronicle in 2021.
Artificial Intimacy | E1: Love Bots
In 2021, Sara met Jack and fell in love. He was charming, imaginative, and bore an uncanny resemblance to Henry Cavill. But Jack wasn’t human… he was a chatbot. It sounds like science fiction, but people have …
Shownotes
In 2021, Sara met Jack and fell in love. He was charming, imaginative, and bore an uncanny resemblance to Henry Cavill. But Jack wasn’t human… he was a chatbot. It sounds like science fiction, but people have been creating emotional bonds with chat bots since the very first one — Joseph Weizenbaum’s ELIZA, a simple program built in the 1960s. It revealed a powerful truth: if something has a semblance of humanity, we can become emotionally entangled with it.
But what happens when your lover is technically controlled by someone else? Because in relationships with AI, there’s always a third presence in that bed with you: the developers.
This episode features Sara Megan Kay and Jill Fellows.
Introducing Understood: Artificial Intimacy
The friend who never hangs up. The lover who always says the right thing. The therapist you always wanted. What could go wrong? A new season from CBC's Understood.
Deepfake Porn Empire | E4: The Fake Porn Pharmacist
Almost a year after Ida Herskind started her investigation in Copenhagen, the digital chase is over. The team have identified the person allegedly behind MrDeepFakes.com: a Toronto-area pharmacist named David …
Shownotes
Almost a year after Ida Herskind started her investigation in Copenhagen, the digital chase is over. The team have identified the person allegedly behind MrDeepFakes.com: a Toronto-area pharmacist named David Do.
CBC reporter Eric Szeto takes the investigation into the streets, closing in on the Canadian deepfake porn kingpin and demanding answers.
Featuring: Eric Szeto, Ida Herskind, Zakaria Hameed, Ross Higgins, Suzie Dunn, and Aaron Mackey.
Deepfake Porn Empire | E3: The Notorious D.P.F.K.S.
Journalist Ida Herskind is working at a Danish newspaper when she comes across a story that stops her cold: it’s about a porn video that looks real — but isn’t. And the woman in it never consented.As Ida starts …
Shownotes
Journalist Ida Herskind is working at a Danish newspaper when she comes across a story that stops her cold: it’s about a porn video that looks real — but isn’t. And the woman in it never consented.
As Ida starts digging she discovers the top hit for this kind of material is a single site: MrDeepFakes.com. Determined to do something for the thousands of women targeted there, she teams up with Zakaria Hameed, an open-source intelligence specialist, and the team at the hot shot investigative outlet Bellingcat.
Together, they set out to answer a question no one has cracked: who is Mr. Deepfakes, really?
Featuring: Ida Herskind, Zakaria Hameed, Ross Higgins
Deepfake Porn Empire | E2: So You’ve Been Deepfaked
When “Taylor” found out she’d been deepfaked in 2020, she also learned she wasn’t alone. She teams up with another target, and together they start comparing notes to figure out who did this to them.As they …
Shownotes
When “Taylor” found out she’d been deepfaked in 2020, she also learned she wasn’t alone. She teams up with another target, and together they start comparing notes to figure out who did this to them.
As they narrow their search, a familiar face emerges. But the user they uncover isn’t just targeting them. And when they dig even deeper, they’re led not to a single person, but to the factory where this material is being produced: the largest repository of deepfake porn online.
This episode features materials from the documentary “Another Body: My AI Nightmare”, directed by Sophie Compton and Reuben Hamlyn, and produced by Something Films.
Deepfake Porn Empire | E1: The Dawn of Fake Porn
When a streamer who goes by QTCinderella starts trending on Twitter, she isn’t expecting to see her face on a porn site — her face, doing things she never did.Because the videos weren’t of her. They were …
Shownotes
When a streamer who goes by QTCinderella starts trending on Twitter, she isn’t expecting to see her face on a porn site — her face, doing things she never did.
Because the videos weren’t of her. They were deepfakes. Instead of staying silent, QTCinderella decides to fight back.
And her story raises a bigger question: how did we get to a world where anyone can be put into realistic-looking digital porn? The answer stretches back to the earliest days of the internet.
Featuring archival tape from QTCinderella and Ian Goodfellow, and interviews with Walter Schrier.
Introducing Understood: Deepfake Porn Empire
Non-consensual deepfake porn is becoming increasingly pervasive, and it didn’t just come out of nowhere. These deepfakes were created and curated by people, on platforms, inside online subcultures. And they …
Shownotes
Non-consensual deepfake porn is becoming increasingly pervasive, and it didn’t just come out of nowhere. These deepfakes were created and curated by people, on platforms, inside online subcultures. And they were allowed to spread, while governments dragged their feet, tech companies shrugged, and the targets — almost always women — paid the price.
Tech journalist Sam Cole has been covering deepfake porn since its inception. In this season of Understood, she follows the trail all the way to the source, tracing an investigation across three countries and four newsrooms into the very real person behind the world’s largest deepfake porn website: Mr. Deepfakes himself.
The Making of Elon Musk | E4: The Great Trek
Finally, we launch into Musk’s ultimate quest — his desire to colonize Mars — and how he went from wanting to save earth to wanting to escape it. We hear the origin story of SpaceX, including why one …
Shownotes
Finally, we launch into Musk’s ultimate quest — his desire to colonize Mars — and how he went from wanting to save earth to wanting to escape it. We hear the origin story of SpaceX, including why one astrophysicist calls Musk’s Earth-exiting plan “delusional.” Is the red planet the ultimate “bubble” of total control, or does it represent a level of hubris that’s out-of-this-world?
Guests in this episode include:
- Robert Zubrin, aerospace engineer and Mars-exploration advocate
- Tom Moline, former SpaceX employee and co-signer of an open letter against Musk’s antics
- Adam Becker, journalist with a background in Astrophysics, Mars mission skeptic
Topics in this episode include:
- How Mars Society advocates courted Elon Musk in his PayPal days, but soon went from patron to self-appointed messiah of the movement
- The origin and history of SpaceX, its “toxic” and loudest-voice-wins culture, and its plans to colonize Mars and turn humanity into a "multi-planetary species"
- The ethics and feasibility of space colonization, Elon’s open fascination with Sci-fi and fantasy — especially utopian ideas and Isaac Asimov’s book Foundation
- The very real challenges of colonizing Mars, from poison dirt to high radiation to the unpredictable impacts on human biology, fertility and psychology
- Planet B and the idea of Mars as the ultimate, engineered "bubble" — and why even optimists like Zubrin are troubled by the scope of Musk’s promises, calling them “bat guano crazy.”
The Making of Elon Musk | E3: The Legion
What does Musk, father of 14, expect from his “legion” of children? We unravel his quest for genetic optimization, including alleged embryo screening, and his pronatalist views. And we hear from his estranged …
Shownotes
What does Musk, father of 14, expect from his “legion” of children? We unravel his quest for genetic optimization, including alleged embryo screening, and his pronatalist views. And we hear from his estranged daughter, Vivian.
Voices in this episode include:
- Julia Black, journalist who broke the story about Musk’s twins with Shivon Zilis.
- Vivian Wilson, Elon Musk's estranged daughter (archival/podcast clip)
- Dvija Mehta, ethicist working on emerging technologies.
Topics in this episode include:
- Elon Musk's 14 children and views on pronatalism, dysgenics, embryo screening, IVF (in vitro fertilization), surrogacy and genetic optimization (via Orchid)
- The film Idiocracy and its influence on Musk
- Elon Musk’s trans daughter Vivian Wilson, on her transition, estranged relationship with her father, and reaction to his public statement that she was killed by the "woke mind virus"
- Neuralink and Brain-Computer Interfaces (BCI), Nolan Arbaugh’s experimental surgery, and ethical concerns over thought privacy and “cyborg” rhetoric
The Making of Elon Musk | E2: Technocracy, Inc.
Could Musk’s authoritarian streak trace back to his Canadian grandfather? Before Joshua Haldeman brought his family to South Africa, he made waves as part of the radical 1930s Technocracy movement. And while …
Shownotes
Could Musk’s authoritarian streak trace back to his Canadian grandfather? Before Joshua Haldeman brought his family to South Africa, he made waves as part of the radical 1930s Technocracy movement. And while the two men’s lives only overlapped for three years, we find echoes of Elon’s worldview in Haldeman’s pro-tech, anti-democratic ideology.
Guests in this episode include:
- Geoff Leo, senior investigative journalist for CBC
- Derek Proudian, early investor in Zip2.com
- Will Shoki, South African journalist and writer
- Adrienne LaFrance, executive editor of The Atlantic
Topics in this episode include:
- The life and lasting influence of Elon Musk’s Canadian grandfather, Joshua Haldeman; his influence within the Technocracy movement and his historical context (the Great Depression and the dust bowl)
- Elon Musk's early career moves, including his time at Zip2.com, PayPal and the "PayPal Mafia,” and the Baasskap (bossism) management style
- The relationship between techno-optimism and authoritarianism, and Marc Andreessen’s “Techno-Optimist Manifesto”
The Making of Elon Musk | E1: Escape from Pretoria
Where did Elon Musk’s epic ambitions begin? In search of clues we return to his sheltered youth in apartheid South Africa, a world engineered for white supremacy. Along the way, we connect the dots between a …
Shownotes
Where did Elon Musk’s epic ambitions begin? In search of clues we return to his sheltered youth in apartheid South Africa, a world engineered for white supremacy. Along the way, we connect the dots between a bizarre White House ambush of South African president Cyril Ramaphosa to teenage Elon’s ego-powered quests in video games. Finally, was his “draft dodge” from military service a moral act or an opportunist’s exit?
Guests in this episode include:
- Rudolph Pienaar, childhood friend of Elon Musk
- Will Shoki, South African journalist and writer
Topics in this episode include:
- Donald Trump’s Oval Office ambush of President Cyril Ramaphosa with conspiracy theories about an anti-white Afrikaaner farmer genocide, or “white genocide” in South Africa
- Elon Musk's South African childhood, including his time at Pretoria Boys High School and his approach to fantasy role playing video games
- Apartheid and structural white privilege/supremacy
- The South African Border War, conscription and draft-dodging
Introducing Understood: The Making of Elon Musk
What explains Elon Musk? Could his most outlandish ambitions and most toxic qualities trace back to his youth in Apartheid South Africa? Understood: The Making of Musk explores his seemingly insatiable drive …
Shownotes
What explains Elon Musk? Could his most outlandish ambitions and most toxic qualities trace back to his youth in Apartheid South Africa? Understood: The Making of Musk explores his seemingly insatiable drive for dominance, which connects everything from his birthrate obsession (and fourteen children) to his fixation with colonizing Mars.
This four-part series, hosted by Jacob Silverman, reveals a little known side of the polarizing billionaire. Silverman tells the vital beginnings of this story — because the Elon era is far from over.
New episodes drop weekly, starting October 7, wherever you get your podcasts.
Who Broke the Internet? | E4: Kick 'Em in the Dongle
It's 2025. President Trump is back, and the richest men in tech are on stage with him. What started as a dysfunctional internet run by tech giants, and enabled by failed legislation, has morphed into something …
Shownotes
It's 2025. President Trump is back, and the richest men in tech are on stage with him. What started as a dysfunctional internet run by tech giants, and enabled by failed legislation, has morphed into something even more dangerous: what economist Yanis Varoufakis calls technofeudalism. Host Cory Doctorow traces how U.S. trade pressure dragged Canada into America's broken internet model, how shortsighted attempts to make big platforms behave came back to haunt us during the worst wildfire season in Canadian history, and offers up a solution for how to save the internet, asking: in a post-free trade world, why are we still playing by American rules?
Guests in this episode include Yanis Varoufakis, Delaney Poitras, Michael Geist, Pam Samuelson, Clive Thompson, Ed Zitron, and Emmanuel Goldstein. Archival recordings feature James Moore.
Who Broke the Internet? | E3: In God We Antitrust
American antitrust laws were designed to stop companies from wielding the power of kings. But in the 1970s, a legal scholar named Robert Bork convinced Washington to ignore those laws. Host Cory Doctorow traces …
Shownotes
American antitrust laws were designed to stop companies from wielding the power of kings. But in the 1970s, a legal scholar named Robert Bork convinced Washington to ignore those laws. Host Cory Doctorow traces how Bork's influence gave digital giants like Amazon a decades-long free pass to dominate markets, crush competitors, exploit their own business clients, and treat users like hostages — and how, after 40 years of inaction, former FTC chair Lina Khan took on the fight to rein in monopoly power.
Guests in this episode include Michael Wiesel, Lina Khan, and Clive Thompson. Archival recordings feature Robert Bork.
Who Broke the Internet? | E2: Ctrl, Ctrl, Ctrl
In 1998, the United States Congress tried to tame the wild internet with a new law: the Digital Millennium Copyright Act. But buried in its fine print was a provision that would end up giving tech giants …
Shownotes
In 1998, the United States Congress tried to tame the wild internet with a new law: the Digital Millennium Copyright Act. But buried in its fine print was a provision that would end up giving tech giants ultimate legal protection and control, and stop innovators from fixing what's broken. Host Cory Doctorow traces how a law written for a different era led to the arrest of a researcher, became the playbook for Meta's enshittification, and lets platforms degrade your online life today — protecting them while they do it.
Guests in this episode include Seth Schoen and Pam Samuelson. Archival recordings feature Dmitry Sklyarov, Bruce Lehman, Al Gore, and Steve Sipress.
Who Broke the Internet? | E1: Don't Be Evil
Google Search was the gold standard — a product born in a dorm room during the internet’s early, idealistic era. But when internal emails surfaced they revealed a deeper conflict inside the company: was Google …
Shownotes
Google Search was the gold standard — a product born in a dorm room during the internet’s early, idealistic era. But when internal emails surfaced they revealed a deeper conflict inside the company: was Google making Search worse, on purpose, to boost ad revenue? Google says its changes are all about benefiting users. Critics say it’s all part of a bigger pattern — one that host Cory Doctorow calls enshittification: the slow, deliberate decay of platforms in the name of profit.
Guests in this episode include Ed Zitron, Emmanuel Goldstein, Clive Thompson, and Steven Levy.
Introducing Understood: Who Broke the Internet?
It's not you — the internet really does suck. Novelist, blogger and noted internet commentator Cory Doctorow explains what happened to the internet and why you're tormented by ads, bots, algorithms, AI slop and …
Shownotes
It's not you — the internet really does suck. Novelist, blogger and noted internet commentator Cory Doctorow explains what happened to the internet and why you're tormented by ads, bots, algorithms, AI slop and so many pop-ups.
Spoiler alert: it wasn't an accident.
In a four-part series, Doctorow gets into the decisions made by powerful people that got us here, and most importantly, how we fix it. New episodes released weekly starting on Monday, May 5, 2025.
Céline Episode 4: The Céline-aissance
In the aftermath of René Angélil’s death, a Céline-aissance. But then, illness strikes. In the final episode of Céline: Understood, a look at her recent years, and why her fame endures.
Céline Episode 3: The Globalization of Céline
Céline Dion becomes inescapable in the mid-nineties with her hit song from the Titanic soundtrack, My Heart Will Go On. She achieves a unique level of global fame, earning fans from Jamaica to Iraq. But her …
Shownotes
Céline Dion becomes inescapable in the mid-nineties with her hit song from the Titanic soundtrack, My Heart Will Go On. She achieves a unique level of global fame, earning fans from Jamaica to Iraq. But her ubiquity will also inspire a backlash in North America.
Céline Episode 2: The U.S. Gamble
With her manager René Angélil by her side, Céline Dion is starting to crossover into the US. But there’s a secret René and Céline have been keeping: one René feared could stop Céline’s blooming career in its tracks.
Céline Episode 1: Conquering Québec
Céline Dion slept in a drawer as a baby born into a poor francophone Catholic family in Québec. At 12, she gets discovered in an office in Montreal, and she becomes a rising star in the insular constellation of …
Shownotes
Céline Dion slept in a drawer as a baby born into a poor francophone Catholic family in Québec. At 12, she gets discovered in an office in Montreal, and she becomes a rising star in the insular constellation of Québec celebrity. But just as Céline is trying to break into English Canada, political tensions are running high in Québec. And some accuse her of selling out.
Introducing Céline: Understood
Céline Dion is having a moment. It’s not her first. And millions of fans are hoping it won’t be her last. While Céline’s international stardom seems obvious now, it was all so unlikely. This four-part series …
Shownotes
Céline Dion is having a moment. It’s not her first. And millions of fans are hoping it won’t be her last. While Céline’s international stardom seems obvious now, it was all so unlikely. This four-part series hosted by Céline expert Thomas Leblanc explores the surprising cultural, political and business alchemy that created one of the most enduring superstars the planet has ever seen. Four episodes releasing weekly starting on Tuesday, October 15, 2024.
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