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Understood: The Big Bet

CBC
Understood: The Big Bet
Latest episode

49 episodes

  • Understood: The Big Bet

    E3: Players or Props?

    2026-10-19 | 31 mins.
    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
  • Understood: The Big Bet

    E2: Winners and Losers

    2026-10-12 | 46 mins.
    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
  • Understood: The Big Bet

    E1: Who Wants to be a Millionaire?

    2026-10-05 | 38 mins.
    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
  • Understood: The Big Bet

    Introducing The Big Bet

    2026-09-28 | 2 mins.
    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.
  • Understood: The Big Bet

    Artificial Intimacy | E4: Behind the Bot

    2026-06-09 | 28 mins.
    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.
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About Understood: The Big Bet
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 billionaireSeason 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?
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