Money Talks on CNBC - Page 3 - Sports Betting - SportsBetting Strategy and Forum

Seriously need someone that is a high roller to "buy" the package, not make the bets but record em all to expose these frauds.
Wouldn't be surprised if Steve Stevens isn't Incarerated Bob from Twitter

CNBC has been using Incarcerated Bob as a consultant on the show and he seemed to indicate on Twitter that he would be getting a reality show too. That would be a real dumpster fire.

Now here is another thing that doesn't make sense on the show. He makes it clear that all of his clients get the top play. On the site, though, the owner's pick is $500. It is already ridiculous to think that anyone would pay 40%-50% commission on winners but it is every more ridiculous when the pick is available from the site for $500.

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04-19-2014 , 08:37 PM

#52

dankhank

dankest of hanks

Join Date: Dec 2004 Posts: 8,114

I have a hard time believing that any of the clients are real. I got through three episodes but I think I'm done.

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04-20-2014 , 01:33 PM

#53

fkjlhfdkjhkj.

Carpal \'Tunnel

Join Date: Sep 2013 Posts: 11,270

http://www.advisorsquare.com/new/fla...tid=2017731493

though

plus now i am always going to buy the hook on -28.5 spreads

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04-20-2014 , 02:22 PM

#54

yimyammer

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Join Date: Aug 2004 Posts: 7,213

Gawd this show is cringe worthy but I can't stop watching. It amazes me these gamblers trust these yahoos and pay them so much for bets, no way in hell any of their clients are long term winners with the vig and the advisors commission

Seems like Stevo is still running his telemarketing scam under the guise of sports management

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04-20-2014 , 04:08 PM

#55

TheMisanthrope

banned

Join Date: Feb 2014 Posts: 93

Quote:

Originally Posted by yimyammer

Scams are as old as gambling as most gamblers are gullible idiots without serious educations in life or academically.

The rare outliers are the only ones who win consistently. And like life, the intellectual outliers seldom want anything to do with the simplistic, greed driven mentality of planet destroying idiots.

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04-20-2014 , 07:09 PM

#56

yimyammer

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Quote:

Originally Posted by TheMisanthrope

I'm still amazed people fall for this crap, greed is a powerful blinder

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04-22-2014 , 04:31 PM

#57

ProfBets

old hand

Join Date: Feb 2007 Posts: 1,976

(Spoiler)

But when that xtra douche top salesman (forget his name) Steven's has gets jumped when he was touting small $250 and $500 bets to those nervous SEA bettors made all the crap TOTALLY WORTH IT haha. But as for taking anything useful from this show, that prob ended for me in the first minutes of the first episode.

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04-22-2014 , 09:13 PM

#58

gmcarroll33

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Stanley Cups playoffs ruined the greatest troll show on tv last week but I just watched last weeks episode

Big spender comes to Vegas with 100k

Stevens: "what'd ya end up bringin 300k, what'd ya bring

Sucker: "well a little less than that about 100"

Stevens: "oh 100 even that's okay. My goal right off the bat is to start off with a bet of 30k a game......that pause of yours really bothers me. I want you betting 30k (so I get 12k commission or whatever)

Followed with this wise proverb

Stevens: "broke men shouldn't gamble...jealous men shouldn't pimp ho's"

Show fully delivering on it's trolling attempt

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04-23-2014 , 01:22 AM

#59

hfrog355

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What's amazing is how they somehow "found" all these guys who are OK betting 5 figures (on camera) but are apparently shot taking, can't lose 2 - 3 bets in a row and have no clue how anything works (employees too).

A little too amazing, ya know?

Show is just a train wreck. Can't not watch.

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04-23-2014 , 07:58 AM

#60

asg82

adept

Join Date: Feb 2009 Posts: 1,102

Been telling everybody it's my new favorite comedy.

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04-23-2014 , 09:12 PM

#61

StatCoder

enthusiast

Join Date: Apr 2014 Posts: 57

Hockey playoffs are going to push my viewing to midnight tonight but I won't be missing it.

I was thinking that they really need to license some of rights to show a few seconds of the NCAA and NFL games so that we can actually watch the "backdoor" losses - the underdog team scores a TD "for no reason at all" and beats the spread. As if that's not supposed to be part of the game. The underdog team is supposed to give up and let the winner beat the spread when they can't win.

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04-23-2014 , 09:42 PM

#62

greatwhite

self-banned

Join Date: Jul 2005 Posts: 1,506

Quote:

Originally Posted by StatCoder

I've been watching this show for a few weeks. Although I go to Vegas all the time for holdem tournaments, this show actually makes me not want to go because everything that is going on looks so sleazy.

First of all, these guys are non-stop sellers and are only interested in people who are wanting to be big-dollar clients. The worst part about Vegas is that everything seems to be about money. It's enough to make you sick. They are the type of guys that drive around $80K cars and often don't have a regular place to live. They constantly talk about how their clients "made more" in one weekend than they did working months at their regular job.

When the client comes in they pick one game and get the client to bet $10K. If they win, the commission is 40-50%. If they lose, they get the client to bet $20K the next day. If they lose than then they want the client to bet a final $60K bet on the last game.

I'm sure that 90+% of the time the client eventually wins a game and pays the commission. However, if all three games are losers then the client is out $90K and advisor is simply out their time. They freely admit that they constantly need to get new clients because the old ones get pretty badly burned eventually. I'm sure most people here can tell that anyone who is paying 40 to 50% of their sports betting winnings to a consultant isn't going to be doing that for very long.

I'm willing to believe that these betting advisors have a slight edge against the oddsmakers, however, their main way of making money is to get people to bet as big as possible, take their chunk of the intermediate winnings, and move on when their clients eventually lose or go broke. They push all the usual buttons of compulsive gamblers.

There is zero chance that they have any edge. Zero.

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04-23-2014 , 10:54 PM

#63

fkjlhfdkjhkj.

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Join Date: Sep 2013 Posts: 11,270

a majority of their picks have actually moved on the side they are on, so wouldn't that imply there is some sort of edge

i'm thinking about opening an account with 250k with steve stevens. if you read this please get in touch with me i'm ready tomake some money

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04-23-2014 , 11:04 PM

#64

greatwhite

self-banned

Join Date: Jul 2005 Posts: 1,506

Oh boy, a stockbroker. You'd think a scam artist would be able to recognize his own kind.

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04-23-2014 , 11:10 PM

#65

$ick of Being Rich

centurion

Join Date: Jun 2012 Posts: 172

This is a repeat right?

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04-23-2014 , 11:15 PM

#66

StatCoder

enthusiast

Join Date: Apr 2014 Posts: 57

They often show last weeks episode before the new one. So, from last week, this stockbroker guy is stepping off a private jet pulling into a hangar as if the plane is going to wait for him there all weekend. Yet Stevens said he started off betting $500 per game over the phone and gets all nervous at putting down the $30K in-person bet. Wouldn't he have been better off flying commercial and saving tens of thousands of dollars if he's that skittish?

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04-23-2014 , 11:19 PM

#67

greatwhite

self-banned

Join Date: Jul 2005 Posts: 1,506

Not familiar with this poker player so I'm not sure how good he is. How could any decent poker player fall for his trap though?

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04-24-2014 , 02:01 AM

#68

WeLikeSportz

veteran

Join Date: Apr 2014 Posts: 2,019

Quote:

Originally Posted by $ick of Being Rich

This is a repeat right?

Yeah not a new episode until next week.

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04-24-2014 , 02:03 AM

#69

WeLikeSportz

veteran

Join Date: Apr 2014 Posts: 2,019

Quote:

Originally Posted by StatCoder

I think most of this is staged. An average stockbroker makes 70k. Even if he is top tier he will be around 150-250. That is not the type of guy that shows up with 100k for the weekend without caring.

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04-24-2014 , 08:16 AM

#70

hfrog355

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Join Date: Mar 2005 Posts: 6,404

Quote:

Originally Posted by greatwhite

How could any decent poker player fall for his trap though?

LOL

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04-24-2014 , 06:55 PM

#71

lolitsbo

centurion

Join Date: May 2012 Posts: 163

How do two bald guys get hair cuts for the entire duration of a football game

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04-24-2014 , 08:15 PM

#72

mdroz247

old hand

Join Date: Jun 2010 Posts: 1,416

Guy rips old ladies of their retirement funds and gets a tv show. Welcome to America.

You'd have to be an absolute idiot to use this guy. You take all the losses, but pay 50% commission on wins. Lol uhhh what? He'd have to have a winrate over 70% just for the client to be BE.

Obviously fake. Stop watching you keep him on the air.

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04-24-2014 , 08:26 PM

#73

mdot20

adept

Join Date: Mar 2008 Posts: 787

Quote:

Originally Posted by mdroz247

Stop watching you keep him on the air.

You're missing the point. We don't want this to EVER go off the air.

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04-24-2014 , 10:18 PM

#74

yimyammer

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Join Date: Aug 2004 Posts: 7,213

Quote:

Originally Posted by lolitsbo

How do two bald guys get hair cuts for the entire duration of a football game

lol, true, I was thinking that guy should have just shaved it all off

I think the entire show is fake and we're being trolled

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04-24-2014 , 10:19 PM

#75

yimyammer

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Join Date: Aug 2004 Posts: 7,213

Quote:

Originally Posted by mdroz247

+1 but I can't stop watching even though it makes me feel tense and stressed out

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