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The Lock Talk CEO Jason Seo started his career on Wall Street. Now, he runs a sports betting business. On the latest episode of Financial Freestyle with Ross Mac, Seo sits down with Mac to discuss how his experience on Wall Street informs his new business.

"I think the biggest part of sports betting is that you need to have an appetite for risk and the ability to take losses," says Seo, adding that you need to, "use analytics and data to empower your decisions."

According to Seo, sports betting and investing aren't the same, but "the methodologies behind it kind of go hand in hand."

Seo says the three main takeaways he got from his training on Wall Street are, "Risk management, discipline, and just the ability to go through data, numbers." Those skills all apply to sports betting as well.

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This post was written by Meredith Lawrence.