Episode Transcript
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(00:00):
The whole David Buster's betting app.But it's I don't get it. What
do you mean? I just Idon't understand it. Isn't it part of
like their their loyalty program or something. But is it like, am I
betting money? Yeah, they're introducingaway. Well, they don't use the
(00:21):
word bet and they don't use theterm wager. What is it? It's
money on skilled based games. Where'shermieh where's Hermie Sadler? This kind of
I mean this, the damn Bustersetup would be illegal in six states,
I believe. Yes, it doessay that it's open to players eighteen and
(00:43):
older and only in forty four states. Yeah, so does that mean in
Virginia you can't do it? See, but I thought Virginia just now they
are exception zones. I don't understandwhat but just got forget forget the law
how it would apply to individual states. Okay, basically they're saying that you
can now place money on games PapaShot, m HM and ski ball like
(01:11):
against look against myself. Well,no, the reports are a little conflicting
and they're also not talking, soI can't bet on like if I can't
be at David Busters and bet onand like look up and see because David
Busters. I mean, yes,they have a ton of games, but
they also have bars and stuff whereyou can like watch TV. So I
can't sit at David Busters and onmy David Busters app bet on a baseball
(01:33):
game that I'm watching. No,No, but I could bet on somebody
else playing ski ball. Yeah,I mean you you kind of have to
get away from the idea of itbeing an app. I know it's an
app, but immediately people think ofall the betting apps. Right. It's
not a sports book, right.No, I understand that it is an
interface, but it's a sports bookfor inside David Buster. It's not sports
But you can't bet on what you'reseeing on the TV. No, No,
(01:56):
but I could bet on I couldbet on the person playing ski ball.
Right. And some reports are sayingthese are friendly don't say wagers friendly
bets. They don't want to usethat word either. What am I supposed
to call they used all day yesterdayin the report. Here you go right
here, coming soon to David Buster'sbetting, Like, what am I supposed
(02:17):
to call it? I'm telling you, if it's not a better wager,
what is it? You're betting.Yeah, but those are oh gambling,
I'm gambling? No, what isoh? I have to find it here.
You know they're not saying how muchthe size of the bets will be
allowed. Oh I thought it wasa minimum five dollars. Maybe there's a
(02:39):
minimum, but they're definitely not talkingabout them. I could bet ten grand
on whether I think somebody's going tomake a certain score on ski ball.
Where is it careful not to usethe term better wager? What am I
supposed to It's a real money contest, oh jesus, Oh god. Bet
it's a real money contest or achallenge or real money challenge. So you're
(03:02):
allowed to challenge. And this iswhere I'm confused, because some said friendly
challenges between friends, but others aremaking it seem like you're you are contesting
against the house. So I amkind of That's where I lose the because
people, Okay, first of all, I don't need like if it's if
(03:23):
Diane and I are playing Papa shot, I could bet Diane all day.
Diane, I bet you one hundreddollars. I do better than you?
Sure right, no, and Iwill yes. But people have been no,
people have been doing that forever,Like that's not new at Dave and
Busters, right, which is whysome of the people are interpreting it as
(03:45):
it's almost like a one stop shopfor keeping track of that. Now,
does Dave and Busters get a pieceof that? You bet your ass they
do, But others make it seemlike you can contest against the house.
So I bet the house whether ornot I can get a certain score on
ski ball. Yeah, dude,all I'm going to do for every day
(04:10):
for the next six months. I'mgoing to practice ski ball. But now
I didn't see it, and thenI'm going to bleed Dave and Busters dry?
Okay? Are they the first placeto do this like an arcade?
I feel like now you get intothat that skill, right, which I
don't understand Anyway, if we're gambling, let's just gamble, don't call it
(04:30):
that. Make it a real moneychallenge. It's the game within the game
gamification software allowing loyalty members to digitallycompete with each other, earn rewards and
unlock exclusive perks. So that isfrom the press release itself. So there,
you don't mean I don't win money, but I get rewards points which
(04:54):
I can then use like towards moneyand wings. But there you don't get
the sense that you are. It'snot you versus Dave and Busters. No,
that's against each other. So howdoes that work? Then it's easier
if you're betting against it. Sorry, if you're challenging the house, no,
(05:15):
you know, you know what,it's easier. Let's play Papa shot.
Loser buys next round. Okay,done. We used to play Golden
Tea that way. When Golden Teawas all the rage. We used to
go to the David Busters down thestreet and play all the time. This
is a safe and trustworthy experience thoughfor fans to challenge their friends. So
(05:40):
is FanDuel. It's not a sportsbook, no, but it's safe,
it's fun, and it's trustworthy forthe most part, sometimes inside a place
you already know in love. Dothey think this is going to make people
go to David Busters honestly? Becauseit doesn't get me in. Because my
kids will go. Kids love aDavid No, they'll go on the half
(06:00):
priced day in the summer. SoI think it's a Wednesday, right,
so they'll go maybe, I don'tknow, three times over the summer.
That's awesome, But this would Idon't like when they start getting crowded.
So about half hour half hour afterthey open, people start coming in and
that's like too many people. Andif now there's that sorry kids finished playing,
(06:23):
there's people coming Wednesday, it's toomany people. In the summer,
if there's anybody there, yeah,if there's anybody there, it's too many
people. But do you let themplay any of the shooting games? No?
What about the racing games? Uh, they've played Mario Kurt, they
have Arcade Mario kartt there. Ijust don't want them to develop bad habits
(06:45):
now. But we have heard ofsituations later in the day. This is
like, this isn't like before noon, but where Yeah, because they do
serve alcohol and people may get rowdyor whatever that had some cold one.
I feel like you throw this elementin and you're asking for trouble and now
the benefits may outweigh. But peoplehave been betting forever there, but this
(07:10):
is enticing it. I don't needanybody to entice me. Hey, are
we playing Golden Tea? Yeah,loser buys. Remember, I'm trying to
also unlock exclusive perks. What perkare you getting? Maybe you get clean
silverware you're asking a lot. It'sreally just another napkin for the additional lifetime.
(07:31):
But maybe you get the tickets touse their redeem in the store.
That's it, Diane. People,I mean, that is what they're playing
for. That is what they're playingwith. Them have like memorabilia. I
mean, they have stuff that's notjust a rinky dinky bracelet. Right,
But your kids will never be ina David Buster's long enough to win that
(07:55):
many tickets. That's true. Ohanother eraser, no af Well the fun
alarms got three minutes left. Spitout your gun. I just I hate
when the other kids start running inthere. Oh my god. So who's
(08:16):
this company that they are, lucwhat's their story? I have no idea.
I want to know if Lucra ispart of FanDuel or DraftKings. The
B two B technology facilitates cash ecommerce or cashless contest on partner platforms.
It has the White Label Software DevelopmentKit, which provides partners with a comprehensive
(08:37):
turnkey solution to embed gamification. Theyexplained that they want to destigmatize cam based
comp no cash based competition, that'scalled gambling. You know who. One
of their investors is John Isner,Are you serious? F him? Advised
(09:00):
by former w NBA commissioner Donna Ornderas well as Major League Pickleball founder Steve
Kuhn. So Lucra Lucra is successful, But is this Is this going to
do anything for Dave and Busters?Seriously? I think it has the potential
(09:22):
to do stuff to get people inthere, like teenagers to gamble. But
again, you're now we're learning readingthe press release that you're you're definitely that
the misreporting has led some people Australia, including myself. You are You're not
you're just winning money off friends?You're not. Yes, you may have,
like we mentioned the perks and whateverother bonus things you can get through
(09:46):
David Busters Fork, but it's themoney is friend to friends passing money around?
Yeah, which friend group again havebeen doing it for years. I
don't need an app to do that. I need I need Venmo. But
that is you, I mean,Dave and Busters is not cheap. That's
why my kids only go on thehalf price day and the prices have gone
(10:07):
up over the last couple years.So if this does allow you to experience
it and then get rewarded in away that makes the then just give me
out cheap, but then just giveme a rewards app, which is a
kind of I didn't know that theyeven had an app, So to put
this software into it also makes peopleaware, Hey, I can gamble,
(10:28):
there's a loyalty app. Did youknow Davin Brothersbusters send an app? I
would have assumed they do for justkeeping track of tickets? Is that could
scan tickets? The say again,like what what what would be the point
of a Dave and Busters app?So instead of, like he said,
instead of getting like the physical ticketsthat they spin out at you, Oh,
it probably loads it right onto yourphone. Yeah, or you probably
(10:50):
you probably have a card on yourphone. I haven't been to a Dave
and Busters in forever. Can youpay with your phone? Can you just
tap your phone instead of having togo? I guarantee you you're not taking
quarters to the machines, so youprobably just pay through your phone probably Apple
pay it or just tap it.It says it's not your mama's rewards program.
(11:13):
You get free game chips for signingup. There are you get a
note on your birthday, badges,you get bragging rights. It says they
probably let you know if your locationis closed because of a fight, reload
your power card. There you go, So power cards are on your phone.
That makes total sense. So andthey're just they made a point to
(11:33):
say, we're integrating this into theexisting app. This isn't going to be
new. Yes, so now youcan bet, which I've been doing anyway,
When are they rolling this out?I did it years ago. No,
you bet and you wagered. That'snot what this is. This is
contesting and challenging the I said,within the next couple of months. All
(11:56):
right, so my kids have afew weeks left, Well, you let
them gamble against each other? Whatdo you think? Why not? Seriously?
Why not? I lost my mindlast night and in that purchase was
made without permission. No, Ijust was downstairs and I got the alert
to my phone and didn't know permissionhad been granted. I yelled up.
(12:16):
I was like, who spent sixdollars on Apple? And then Lindsay came
down. We did, We did. It's okay, we counted the money
in his piggy bag. Oh andso it starts, Wait, what did
he buy his skins? No?Some pack brawl pack. I don't even
know game of it. Oh,that's awesome. That's great, that's great.
(12:39):
Where am I going? Line one? Hi, Elliott the morning.
That's how it starts. Next thing, you know, it's a bottle of
jack. I'm sorry, who isthis? Hey? What's going on?
Dude? What's up? Man?How are you good? Hey? Yeah?
I was, I was looking.I was looking at that at what
it is is, basically they're tryingto get like me and you to go
in there with our kids and wecan we can at five dollars is the
(13:01):
max bet, So you can betfive dollars against like your wife or your
girlfriend or your boys on. Sothat way to keep you entertained while your
kids are out there like trying tocollect tickets. So basically, they're trying
to get more foot traffic in thebuilding because you know, nobody goes to
those places anymore. They're packed.The I'm with you, I haven't been
in forever, but they are packedright the but but now, but but
(13:24):
first of all, I don't likethat it's only five dollars. I don't
like that. Yeah, that's themax bet is five bucks. Is it
really? That seems so low?I didn't say that. That seems really
low. Yeah, I guess they'retrying to keep it like more like family
oriented, you know, so peoplearen't there like, hey, whareager one
hundred dollars on a bet? Ican you know what I mean? That
(13:45):
way, there's not brawls and fightsbecause I just lost a hundred bucks on
a ski ball. But I'll tellyou what, when we were all,
like when we were all playing GoldenTea like crazy there we were betting.
I mean, not on the games, but like around the drinks for like
ten people. That's a spencer.Yeah, I'm with you. I grew
up the same way. That's howwe did it too. But I guess
(14:05):
David Bush is just trying to normalizeit or make it like kind of like
a thing now where hey, theparents can come in with their kids and
they can have fun too, drinkand have some drinks and bet, you
know, so they they're entertained aswell as the kids are, because I
mean, no matter how many ticketsyou win, they're all going to the
kids anyways, and they're coming backwith a piece of Yeah I'm with you.
(14:26):
I'm with you, hey, andtell your kids to stop running.
You're making Tyler very nervous, verygood, Thank you, my friend,