Understood: The Big Bet artwork

Technology · CBC

Understood: The Big Bet

by CBC

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?

Latest episodes

Showing 20 · updated from the feed

E2: Winners and Losers

#38 trending · Technology

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 inc

Oct 12
46 min

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 t

Oct 5
38 min

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 i

Sep 28
2 min

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 t

Jun 9
28 min

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

Jun 2
35 min

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

May 26
33 min

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

May 19
36 min

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.

May 15
3 min

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:

Mar 10
35 min

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 w

Mar 3
34 min

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 figu

Feb 24
31 min

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 t

Feb 17
38 min

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,

Feb 13
3 min

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

Oct 28 2025
44 min

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

Oct 21 2025
49 min

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

Oct 14 2025
48 min

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 t

Oct 7 2025
38 min

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 ex

Sep 26 2025
2 min

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

May 26 2025
41 min

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 igno

May 19 2025
36 min

Chart trend

Position in the Technology chart (US), last 90 days.

#14
all-time peak
79
days in the top 50 since Oct 2025

Chart positions

Where Understood: The Big Bet ranks today in each Apple Podcasts chart (US, Oct 13, 2026).

#52 ▲ 67 Technology US

What listeners say

A curated, balanced selection of Apple Podcasts reviews.

It's hard to approach such a polarizing topic without moralizing, or reacting defensively. This podcast, and it's host, does/do an excellent job of informing the listener about important abuses that were/are occurring in the porn industry, while doing a really good job of highlighting the complexities of the issue. yes, abuse is happening and needs to be stamped out, but porn is also a perfectly legal, and arguably necessary part of sex education/entertainment.

Royce1629 · Apr 2024

I’ve been a skeptic of the industry for a while now, admittedly, and follow Jacob Silverman’s coverage of the crypto and associated tech world on Twitter (along with a few other prominent voices like Bennett Tomlin and Cas Piancey of the Crypto Critics Corner podcast - I also recommend listening to them!). Silverman eloquently tells the story of SBF’s rise to superstardom in the crypto world as its prodigal son and his subsequent fall from grace. The episodes are concise and informative; the production is top-notch. Props to Jacob and the CBC for the miniseries. Go listen!

NocturnalBlend · Apr 2023

I listened to this mostly because I can’t stand Celine Dion’s music. I appreciate that she has a great voice but the schmaltz of the material she chooses is like nails on a chalkboard to me and I’m always shocked that so many people love it - anyway this show filled me in on a lot of stuff I didn’t get and it makes a lot of sense. I still don’t like her music but I get where she’s coming from and why others love it. Great show.

angrylf · Nov 2024

Tell everyone you know to listen to this podcast. Excellent reporting on Pornhub issues. I hope those victimized are healing. Justice please.

ursula.s · Apr 2024

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