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I'd like to raise a huge issue with your sponsorship video, which will rock your audience to its very core. At 2:45 You generate a link for 'Spencer's Girlfriend'. We all know that is false and that person doesn't exist, therefore it comes under the False advertising act and I will be seeking reparations in the amount of $300 to be deposited in BTC.
any that could make money of picking, long term would not need or want you money they could make betting more. unless they were rich as hell, like if warren buffet said here are some pick, or something like that.
Sports "gurus" are almost always crypto and forex gurus as well. Because they're not selling knowledge gained through time and expertise. They're selling a lifestyle. This is why all their videos focus on cars and watches and never on the thing they're claiming to be good at. They're hustlers, not gurus.
I legit won 10k on DraftKings & now they won’t ever let me wager more than $10 on any bet lol. Anyone who wins gets removed. Anyone making millions on picks is lying haha
You could check Spencer’s video working with a betting syndicate. First and foremost is they don’t advertise themselves. They use dozens if not hundreds of phones and accounts to make multiple smaller bets, and they make ~2-5% returns on a good day.
If you won some parlay bet(got lucky..whatever) there is no way this is true. If you were betting games with +EV over time and got to 10k Yes every book on the world will do that, because they will be loosing to you 100% on long run.
I was a ticket writer for years at a top Stations Casino here in Vegas. The top bettors tend to lay pretty low & don’t sell picks publicly. Because it will expose their identity. & they also never really place any of the bets themselves. They use “agents” . . . An agent is someone hired to go around to multiple casinos & bet for them. Typically small units, between 4-5 properties. If you have 5 agents betting at 5 properties for you, that’s 25 bets placed. So you’ll never have to file paperwork if you win, & you can bet a grip of money without exposing identity.
@@boozec Yea man. We would have pictures of certain individuals in our back office, that we were told we can’t take their action or we have to limit their action. Because the casino knows they win too often. At that point, you have to hire agents.
You’re right but All this doesn’t matter because betting on sports is very random . especially totals and spreads. You can randomly win 10 bets in a row and lose 10 bets in a row .
There are glitches on these online apps/books all the time, but you get the ban hammer if you play them more than a few times. And if you're sharp you can be banned the very first time you play a glitch
The ironic thing is, the small % of legitimate sports bettors are the ones with the fewest number of followers on social media. The "Get Rich Quick" narrative is far more attractive than the long term grind of occasional small edges.
Yup, when it actuality it is a get broke quick scheme. That's why so many of those guys sh** on college because in college those people have to actually put the work in for years before seeing results.
Plus I'm pretty sure that if they figured out the pattern to getting rich off sports betting I'm pretty sure they wouldn't be sharing it on social media.
@@Mr-pn2eh - nobody is getting rich, however some that have been cut off from betting sites have built a business around teaching others how to find an edge…ie something like OddsJam.
After obsessively betting on sports for about four years, I learned a ton about the industry and the psychology of the humans. Even Vegas Dave claims he is banned from casinos so it's a hard fact that if someone is placing 6 figure bets at one single casino, they are a square in the eyes of the casino. There is a zero % chance RJ has an edge on sports gambling other than being drawn to a flashy lifestyle and using it to promote himself as a "winning" sports bettor. The absurd amount of sign ups for his losing picks merely uphold his lifestyle and image to draw in more suckers to his subscriptions. Once you live in the sports gambling world for sometime, you will realize that winning gamblers who do this full time do not dress, act, or promote themselves with gaudy jewelry, designer clothes, or shouting "Whale Clean Sweeps" from a Miami balcony in a cocaine riddled frenzy.
Yup a lot of it has to do with humans psychology. I see it all the time, how I profit! I see the lines and how the tricks try to trick people. Personally, I’m seeing that good defense 75% will cover spread against a team with good offense (college basketball) Ive made sure to track the data. Vegas knows what’s sup but also it’s an entertainment business alot of the time certain penalties,fouls , etc is already predicted at the top by the ones who really run this shit!
100% I was an avid sports gambler a few years ago.we were buying bets off this guy's and had 2 great weekend in a row. Biggest bet a placed was a $1200 in play to win about 400. It was a lock barring a pick six or fumble returned for a td. But my heart was pumping. I won that one but eventually I broke even
@@zydney6600 In no way is he an upstanding, honest, or ethical person but he’s smart enough to market himself as “banned from the casinos” to elude that he wins too frequently for them to accept his bets
Not if he’s losing , they’ll take 7 figures if you’re a loser and if they don’t take it he could easily have the amount spread out as multiple bets through multiple books
I personally hate sports pick services because I like to make my own lineups using my own strategies, and then I go to check the contest standings and see that 90 out of the 100 people entered have the exact same cut and paste lineups they got from a "guru." Which means if I don't beat the lineup, I drop from finishing in the top 10 to finishing in the bottom 10. It takes all the fun out of it.
Most of the time you can't trust the pick rates and they give you the picks without any type of instructions on unit management, which is obviously extremely important.
Unless you are arbing and betting the difference in odds then surely you are picking teams based on form and stats from player performance. Even then you are betting against the bookies knowing those same stats, so your odds are lower anyhow. If everyone thinks Bayern is going to win, then you will get shit odds unless you are a crazy fool and bet against them. And if you are a consistent winner you get gubbed
If your using your own line ups and your own strategies then how do those 90/100 people have similar information ad you? Sounds like you need better information lol The majority are usually focused on moneylines, spreads, and overs *so you instead target unders, first halves, 10 pt teasers, & ingame go where their not and you'll have a much better chance of not wining up with the same games using the same info lol. I dont have that problem because unlike the people that pose infront of rented Lamborghinis with fake cash? I ACTUALLY spend 10 hours a day working on my craft creating new edges and refining my current ones over multiple seasons so I dont have that problem 🤗 They say dont buy points *I recommend always buying points* They say play only 6pt teasers and my 10 pt teaser strategy went 13-5 *on paper over the full season* I backtested it with 6pts and it was 💩 lol. Anyways create and verify your own edges and you will rarely be on the same side as the majority.
@@dj4monie he owns a business it's an advertising business expense he writes off in a loss that gains him huge publicity nationwide, and if he wins he gets huge publicity nationwide.
Well you should only wager $500k if you have a $10m bankroll even tho its alot but 5% is the max i would ever wager per bet. I only bet like 1-3 games a week *sometimes four* but in baseball ⚾️ i don't have a game to sell my client friends until at LEAST April 10th. So I have to wait three days for a game either April 10th or 14th because I have nothing 👈 ......where as people that are selling picks the lying piece of shit social media "gurus" have several picks a day lol *how in the fuck do you find an edge every single day* 🤣🤷♂️ I put in 8-10 hour days and I can't find an "edge" to bet on every single day so I know their garbage lol......its just funny to someone like me 😂 Like I could give out tampabay runline, Chicago whitesox overs, I could say that okc is 1-8 ats, & Orlando magic is 9-2 ats ect. But those aren't my best EDGES those are just fun things I follow on paper that I know will win the majority but their not STRONG ENOUGH for my clients especially if I wait ill have better shit *which is what I do*👌 Anyways I cant wait to bet $500k on a game lol I wish they would let me do it in preseason because I will truly fuck them up 😈 Unfortunately they only take big action during the playoffs & championships But I'd bet $500k during the NFL playoffs ⬅️ Nba playoffs ⬅️ Nhl playoffs ⬅️ A few March madness games ⬅️ & the MLB PLAYOFFS ⚾️⬅️ If they allowed me to bet $500k on any bet ill fuck em up and I mean that.
For those who don't know what a parlay bet is, Forbes says it is "Parlay bets are wagers used by sports bettors of all experience levels to tie two or more bets together on the same ticket to create a larger bet. This requires multiple outcomes to go your way but increases the payout if successful."
This same bullshit happens in trading. Ik a kid who runs a discord giving out trade alerts. He’s signed up to a discord where he gets the trade alerts. The guy that runs that discord is just signed up to a different discord. It’s ridiculous smh
Yeah I've seen discord guys give callouts from Twitter lol and what's sad is people look up to them. There are 16 year olds ditching school thinking those guys have their best interest at heart.
because they’re usually alcoholics and drug addicts who are drowning in debt but believe the lies they tell themselves about being winning sports bettors 😂😂😂
I knew a guy personally in college named hevad khan who's parents were doctors or med ed field, he was a stats and econ major and at that time poker stars was like the newest thing then. I knew a good circle of these guys gambling in their dorm rooms. It wasnt surprise to me when one day I saw him on tv on the final table of world poker tour. But truth was his parents probably highly rejected this choice of his and it prob conflicted with his life. Relationships and lifestyle. He was very americanized and that led him to pursue that but I have a feeling he eventually realized the personal damage it inflicted upon himself. Theres no way it can be healthy in prof gambling to desensitize you to be wreckless with money or bets. And it trains the ego poorly. These days I dont think hes gambling anymore.
That depends and sounds judgy judgy. Immigrant parents would be horrified because of old school beliefs. All you clowns under 35 lack life experience. You can either spend years in school to make 25% of what the owner of the company makes or you figure out some way to make money everyday, all the time.
Dude pokers a different story. That is a more responsible gambling. You're playing against other players. Sports betting you're going against the house
I’m a tax preparer for tax payers with at least mid 6 figure income on average, and I’ve only witnessed 1 out of maybe 7 or 8 taxpayers with gambling income actually have a gain.
Many of those with actual gains wouldn't be having you report it. You just don't know about those ones and likely never will. If they gambled unrated at a table game there would be no paper trail just some extra cash sitting in their safe even if they were cashing out over $10K triggering a CTR it's not an income report sent to the IRS.
Loved the video, as a winning gambler (part time) all the things you said where true. The one thing I would say is that you can get better than a 3% edge. Finding short term edges can yield results closer to 10-40% but no good thing last forever. YOU CAN BEAT THE BOOKS but.... it takes time and effort. And will not last, you will be banned. Find +ev bets, put in the time and let the math play out. Last year i made a solid 8% roi over thousands of bets.
IDK if he's a winning sports bettor but if he uses a tool the tool is probably oddsjam which is about $200 a month. It's a screener that finds positive EV bets and arbitrage opportunities as well. Nobody gets rich on arbitrage opportunities alone so positive EV bets are where the money is made. A lot of newbies make SO MANY negative EV bets that work against them, it's not even funny. It's ok if you're betting as a hobby or on your favorite team but if you really want to make it as a successful sports bettor it takes math and bankroll management and even then you can still be limited by sportsbook. I just stick to a day job, youtube AI automation and crypto. And NO Im not some dumbass day trader. I literally make decisions once a day based on where the price closes.
billy walters summed it up when he said that casinos now don't even want winners. but if there are no winners why would anyone want to play at a casino? you have to have winners from time to time but now casinos are just insanely greedy and don't care
Problem is every site will limit you, if you continue to win. And it goes really fast. Then you can only make really small bet. Then you have to use other people to make the bets on your behalf. And there is very few that can make a living, and it is a real grind, to compare every site where you might have an edge. Almost impossible.
The data shown regarding parlays circa 1 minute 17 seconds into this video appear to be based on "Win Percentage". Plenty of gamblers are happy to throw a dollar or two on a parlay (aka multi-leg) bet knowing that they will likely lose... but could win big. Thus the winning percentage will be low, but the total dollar amount gambled will also be low. This kind f changes everything.
I played the UK lottery and the first week I won about GB£75 and I have never bought another lottery ticket since. That's what you need with betting and when I worked at Goodwood racecourse I bet on a 6 race accumulator and when Smokey Native came in my £8 bet turned into just under £1000 and I have never bet on horse racing again. This is the only way you're ever gonna win with betting....
This has happened to a few guys, And it's luck, Because once you buy their picks all the customers are p***** off of why they're losing money. Out of a million gamblers you're going to inevitably get few lucky winners. People don't see it that way they just see this guy knows what hes doing, When you start buying the pickss then you realize he doesn't know what hes doing You can tell right away hes not a winning sports better, he cant explain his edge. His recklessness of 500k in one bets says it all
Went through it once. This guy in Vegas off of the radio went 22-0 one weekend off college and nfl football. We bought his picks the following week and was up 2 grand. I was placing 200 to 300 bets. We were on cloud 9. Yeah next week I lost $800 on the first 3 picks
I’m winning at a 58% clip right now, there’s two big casinos where I live, I see so many people in there just flushing away their money on parlays I think they probably just think I’m another losing gambler.
I bet professionally all the time and winning bettors place bets based on percentages...they don't put 400k down on one game...lol. Typical percentages are 3,4, and 5 percent of your bankroll.
I paid $500 for a month of his picks 2 years ago. I can tell you right now that he's not even close to profitable. He sends picks 30-60 seconds before the game's start time, so you'll never beat CLV. I don't have the spreadsheet anymore, but I recall losing ~30% of my bankroll in the first week. That was with me betting 2.5-5% of my BR per bet. Over the month my BR had dropped to below 50%.
If you could sell your picks to enough people you could kind of a "Pump and Dump", especially if you could get them all to bet on the same sportsbook. eg. Team A vs. Team B. Tell all of them to bet on Team A. The bookie get several bets on Team A from the tip buyers and adjusts their odds down and Team B odds up. Then the tip-seller could bet on Team B at inflated odds. It would probably be hard enough to get an odds movement to make that bet profitable though.
Not to mention with these alt leg player prop parlays you get way below fair value as most books don't offer those lines and thus there's no market standard or norm to determine fair value
One of my friends has cashed over a million dollars in sports bets. He starts low with a few hundred and just rolls his bets. It's a different mindset you have to have. Say once you get up to 10 20 grand and you lose it, you have to look at it as you only lost that few hundred you started with. It's not easy
is he cycling through different casinos or what cuz making millions that is hundreds of wins in the positive if he is just going all in every single time
@@UndeadxAssasian thousands of bets between all the casinos and apps. I believe the 700k he cashed on a single bet was from red Rock. He starts low and takes bets he really likes that's it and rolls it. I've tried the method and pussied out once I got over 1000. Started off with 100 and just keep rolling it. -110 bets mostly never any parlays. His mindset is you aren't losing the amount your currently at, you're only losing $100
@@UndeadxAssasian we all lose. Personally I'm in the red still but that's because I was parlaying bets alot before I moved to his method. Using his method has put money back in my pocket. Take 1 bet at a time and be patient.
Im a Vegas local since 71. In late 80s early 90s me and cpl friends tried to launch a sports betting service. The 900# service was really popular at that time and we tried to get a service started. The industry is so slimy and below board we got really turned off and just said screw it and stopped. Any late night tv in early 90s had informercials with these guys screaming on tv spots to call their numbers. Larry Ness and Jim Feist were huge at that time at least locally. I gave myself the nickname NBW..nothing but winners.haha. we were young and dumb and betting parlays. Still bet today but the industry is very tough to make living.
One thing yall have to understand is that if someone is truly beating the books, they'd be banned! So next time yall see some clown showing his Bovada/Prize Picks/Draftkings slip, he's not beating the books.
Its even worrse than that. Bookies have sophisticated systems that shows them how likely you are to take advantage of them, and the higher this possibility, the lower your stake until eventually gets to 0. Its impossible to trick this system. The only way you can beat the bookies, is by finding some technicalities in their odds and take advantage of it. Like 1-3% edge arbitrage bets when bookies are slow to update odds. This translates to profits eventually with very low variance, but profits with very low variance will trigger immediately the system that bans you, because thats what they are looking for. You have to extremely increase your risk, to trick the bookie that you were just lucky, for example make a couple of crazy high odds bets, lose, and when your stakes go higher leave with 2-3 huge wins before they find out. But of course this is impossible, there is no way you can be profitable with this extreme risk tactic, unless you litterally know the future.
10:46 That's true. There are many sites to get information. For the past 10 years I don't even bother watching games. Better things to do. Bankroll management is important in any form of gambling. It's a reason why many fail.
Yep if these idiots watch the games then their not legit because why would you waste 2 hours watching a game when you can spend that same two hours looking for your next game or going over why your last game won or lost ect. Do your research, select your game, bet on it/give it to your clients, then thats it. Once thats done find your next game or work on your strategies thats what I do 🤷♂️ What i DONT do is waste my time watching the games hahaha!
That's why u gotta play +ev only not your favorite player . Those casinos do the work for us , they pay trillions of dollars for stats and research for their teams to beat us gambling. If you follow Pinnacles lines vs these newer apps it's a smoke show . You can beat the house over 8% a day on where you shop for your oddss. That's why prizepicks is thriving it's -119 all day
I think these sports organizations instilling ML's and other betting odds as part of their programming should be illegal! Gambling shouldn't be advertised the same way tobacco isn't allowed to.
Crazy..I live in vegas and sports bet for a living I make 3k a week betting on the books side of lopsided games..I bet same amounts and pay myself weekly and show no flash at all these gurus are nuts and sad
Spencer didn't explain house edge well. He made it seem like your hundred dollars will become $92 over time making many bets which may sound like cheap entertainment. That might make someone think they are only going to lose $8 total over a long time of betting. What should have been explained better is that you lose that $8 on average for EVERY bet you make when all the wins and losses are tallied and averaged over many bets. If you make 100 x $100 bets you should be down about $800 after booking $10K in action.
That right there proves he ain’t no pro, no one with any ability or critical thought would have picked Conor Mcgregor in either of his fights with the 💎
I don't like parleys I usually just do flat bets but if you're only trying to risk 10 15 20 a day I work with guys who hit pretty good they arent quitting their jobs but they do well.... Ita very hard to win consistently..
I disagree. Lots of profitable bettors bet parlays… because… if you have an +EV bet, then the parlay compounds the edge in your favor. Lots of pros bet parlays as cover.
Denise Coates, the CEO of Bet365, received £1.5bn in pay and dividends in the period from 2016 to March 2023. Yes that's billion with a 'b'. Aside from the punters who enjoy an occasional flutter for fun, that money has come from bettors who think that they can 'beat the bookie'. Ms Coates' pay would suggest otherwise.
I won 1200 over about 20 bets and won 14 of them. Not big bets as you can see but the message i got from the website was something like " this sute is for casual bettors etc" so please leave basically and 5 dollars is my max 😮😮😮 Just a dude that only bets what he really likes and tries not to force it...
I been in for almost a year with RJBetz I’ve won the most I’ve won with any other person who sell picks he’s really good so this video feels like a bit of hate he explains money management and percentages on certain picks and all
It sounds like he's using one of the many tools out there to do "positive ev betting". He might have gone on a run in the beginning and even figured out a temporary edge on the house when he talks about hitting the unders. Once the books closed that leak he probably either started using a paid for tool for arbitrage betting, but most likely for something like +EV betting. When he talks about the probability of how well a bet cashes, it sounds like most videos here on YT about +EV betting. In fact, when watching your previous Dave Miller video, they seem to also be doing a very sophisticated version of +EV betting. But in his case he knows it so well that he probably recognizes a +EV line by just looking at it, without the need for a tool.
Thats not a strategy or an "edge" lol. I use to test that for fun but without a solid strategy your just guessing 👈 *i use to test playing the under in the last 2 or 3 minutes of a game going off the pace of the game do I believe they can score 15-20 pts in that time frame ect 👈 GARBAGE STRATEGY BEEN THEIR DONE THAT AND IF IT WORKED I WOULD HAVE INCORPORATED IT AND WORKED ON IT TO MAKE IT BETTER LOL. If im not on it or interested in it then chances are the strategy is probably worthless.
What he's saying regarding his edge didn't work and there are other reasons his story is not believable... and yes we love people having a good time and place crazy bets, betting is about having fun... The only thing thats real is him making money of the people buying his picks and his sponsorship/affiliate deals... Regarding the 500k bet for it to be accepted, you must be a long term looser, winning guys get bets reduced...
Hi Spencer, John from Australia here. I have an edge on the book makers, I don't gamble and I win every time I don't play the game. Winners did not build Las Vegas. Top channel mate.
Hi Spencer recently I found this guy (Nick Shawn) claiming making millions in the last 8 years with forex just hedging,he is also selling courses. Could you please chick it ? Thanks Marco
11:50 then buy their stocks... They don't make money. Casinos serve one purpose. Money laundering. NO ONE MAKES MONEY. wasted enough time analyzing these stupid companies. The money always somehow disappears, and never ends up with shareholders. Don't ever run a casino. Never do it. Organized crime will not only eat your profits, you'll lose money.
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I'd like to raise a huge issue with your sponsorship video, which will rock your audience to its very core. At 2:45 You generate a link for 'Spencer's Girlfriend'. We all know that is false and that person doesn't exist, therefore it comes under the False advertising act and I will be seeking reparations in the amount of $300 to be deposited in BTC.
I thought this said "Bikinist Premium" and was about to sign up.
Course...
any that could make money of picking, long term would not need or want you money they could make betting more.
unless they were rich as hell, like if warren buffet said here are some pick, or something like that.
I'm pretty sure Chat GPT can do what Blikist can do for free, lol
Sports "gurus" are almost always crypto and forex gurus as well. Because they're not selling knowledge gained through time and expertise. They're selling a lifestyle. This is why all their videos focus on cars and watches and never on the thing they're claiming to be good at. They're hustlers, not gurus.
Accurate.
Ahhh, the smart section of youtube.
Yuppppp!
🎯
facts
I legit won 10k on DraftKings & now they won’t ever let me wager more than $10 on any bet lol. Anyone who wins gets removed. Anyone making millions on picks is lying haha
Wow.
You could check Spencer’s video working with a betting syndicate. First and foremost is they don’t advertise themselves. They use dozens if not hundreds of phones and accounts to make multiple smaller bets, and they make ~2-5% returns on a good day.
i mean just not one one account but they do have to have 10s of millions in actions yearly to achieve that
Wow 10k?? Did you do a parlay ? And how much did you bet on it ?
If you won some parlay bet(got lucky..whatever) there is no way this is true. If you were betting games with +EV over time and got to 10k Yes every book on the world will do that, because they will be loosing to you 100% on long run.
I was a ticket writer for years at a top Stations Casino here in Vegas. The top bettors tend to lay pretty low & don’t sell picks publicly. Because it will expose their identity. & they also never really place any of the bets themselves. They use “agents” . . . An agent is someone hired to go around to multiple casinos & bet for them. Typically small units, between 4-5 properties. If you have 5 agents betting at 5 properties for you, that’s 25 bets placed. So you’ll never have to file paperwork if you win, & you can bet a grip of money without exposing identity.
Damn!
@@boozec Yea man. We would have pictures of certain individuals in our back office, that we were told we can’t take their action or we have to limit their action. Because the casino knows they win too often. At that point, you have to hire agents.
@@masiomasio ill walk in that bitch with a Mr beast mustache on and place my bet no problem 🤣
You’re right but All this doesn’t matter because betting on sports is very random . especially totals and spreads. You can randomly win 10 bets in a row and lose 10 bets in a row .
@@kevinwilson3337 & you randomly don’t know shit. Beat it, bum
First rule about finding a glitch on the system: you don't talk about finding a glitch on the system.
There are glitches on these online apps/books all the time, but you get the ban hammer if you play them more than a few times. And if you're sharp you can be banned the very first time you play a glitch
Yeah, glitches aren't a long term strategy. What you need is an edge of some kind based on stats, that's how you get ahead.
lmao, nah.. think outisde the box brutha.@@aFREEsportsbettingSYSTEM
“I took my gas money and, instead of filling my tank, bet it!”
*immediately ignores any advice coming out of this man’s mouth.*
facts LOL
Wait? Aren't you a fraud? Didn't you take $ from someone to perpetuate a legal fraud?
The ironic thing is, the small % of legitimate sports bettors are the ones with the fewest number of followers on social media. The "Get Rich Quick" narrative is far more attractive than the long term grind of occasional small edges.
Agreed. The loudmouths and entertainers get the followers.
Yup, when it actuality it is a get broke quick scheme. That's why so many of those guys sh** on college because in college those people have to actually put the work in for years before seeing results.
Plus I'm pretty sure that if they figured out the pattern to getting rich off sports betting I'm pretty sure they wouldn't be sharing it on social media.
@@Mr-pn2eh - nobody is getting rich, however some that have been cut off from betting sites have built a business around teaching others how to find an edge…ie something like OddsJam.
Exactly.
After obsessively betting on sports for about four years, I learned a ton about the industry and the psychology of the humans. Even Vegas Dave claims he is banned from casinos so it's a hard fact that if someone is placing 6 figure bets at one single casino, they are a square in the eyes of the casino. There is a zero % chance RJ has an edge on sports gambling other than being drawn to a flashy lifestyle and using it to promote himself as a "winning" sports bettor. The absurd amount of sign ups for his losing picks merely uphold his lifestyle and image to draw in more suckers to his subscriptions. Once you live in the sports gambling world for sometime, you will realize that winning gamblers who do this full time do not dress, act, or promote themselves with gaudy jewelry, designer clothes, or shouting "Whale Clean Sweeps" from a Miami balcony in a cocaine riddled frenzy.
Yup a lot of it has to do with humans psychology. I see it all the time, how I profit! I see the lines and how the tricks try to trick people. Personally, I’m seeing that good defense 75% will cover spread against a team with good offense (college basketball) Ive made sure to track the data. Vegas knows what’s sup but also it’s an entertainment business alot of the time certain penalties,fouls , etc is already predicted at the top by the ones who really run this shit!
100% I was an avid sports gambler a few years ago.we were buying bets off this guy's and had 2 great weekend in a row. Biggest bet a placed was a $1200 in play to win about 400. It was a lock barring a pick six or fumble returned for a td. But my heart was pumping. I won that one but eventually I broke even
Lol vegas Dave is the biggest scammer out there, he’s completely broke and been banned from casinos for various offences
@@zydney6600 In no way is he an upstanding, honest, or ethical person but he’s smart enough to market himself as “banned from the casinos” to elude that he wins too frequently for them to accept his bets
What happened to old Vegas Dave lol
“Glitch in the system.” Bro got lucky. There ain’t no glitch in math.
Anybody that where’s a black and white balenciaga hat cannot be trusted😂
He’s lying the casino will not allow you to put up 500k a game. They would ban him immediately.
Not if he’s losing , they’ll take 7 figures if you’re a loser and if they don’t take it he could easily have the amount spread out as multiple bets through multiple books
@@SamStar486 you 💯 correct
I wonder if it was a game in the NBA finals, but even then, that isn't like the superbowl.
There’s video evidence of people placing million dollar bets at casinos
I personally hate sports pick services because I like to make my own lineups using my own strategies, and then I go to check the contest standings and see that 90 out of the 100 people entered have the exact same cut and paste lineups they got from a "guru." Which means if I don't beat the lineup, I drop from finishing in the top 10 to finishing in the bottom 10. It takes all the fun out of it.
Most of the time you can't trust the pick rates and they give you the picks without any type of instructions on unit management, which is obviously extremely important.
Unless you are arbing and betting the difference in odds then surely you are picking teams based on form and stats from player performance. Even then you are betting against the bookies knowing those same stats, so your odds are lower anyhow. If everyone thinks Bayern is going to win, then you will get shit odds unless you are a crazy fool and bet against them. And if you are a consistent winner you get gubbed
If your using your own line ups and your own strategies then how do those 90/100 people have similar information ad you? Sounds like you need better information lol
The majority are usually focused on moneylines, spreads, and overs *so you instead target unders, first halves, 10 pt teasers, & ingame go where their not and you'll have a much better chance of not wining up with the same games using the same info lol.
I dont have that problem because unlike the people that pose infront of rented Lamborghinis with fake cash?
I ACTUALLY spend 10 hours a day working on my craft creating new edges and refining my current ones over multiple seasons so I dont have that problem 🤗
They say dont buy points *I recommend always buying points*
They say play only 6pt teasers and my 10 pt teaser strategy went 13-5 *on paper over the full season* I backtested it with 6pts and it was 💩 lol.
Anyways create and verify your own edges and you will rarely be on the same side as the majority.
No matter how rich i was i cant imagine betting nearly 500k on anything!
they are degenerate gamblers, addicts. scumbags. they cant help it.
Then you aren't rich enough. Mattress Matt loss over 2 million on Texas making the Final Four.
When you're that rich, scared money doesn't make money
@@dj4monie he owns a business it's an advertising business expense he writes off in a loss that gains him huge publicity nationwide, and if he wins he gets huge publicity nationwide.
Well you should only wager $500k if you have a $10m bankroll even tho its alot but 5% is the max i would ever wager per bet.
I only bet like 1-3 games a week *sometimes four* but in baseball ⚾️ i don't have a game to sell my client friends until at LEAST April 10th.
So I have to wait three days for a game either April 10th or 14th because I have nothing 👈
......where as people that are selling picks the lying piece of shit social media "gurus" have several picks a day lol *how in the fuck do you find an edge every single day* 🤣🤷♂️
I put in 8-10 hour days and I can't find an "edge" to bet on every single day so I know their garbage lol......its just funny to someone like me 😂
Like I could give out tampabay runline, Chicago whitesox overs, I could say that okc is 1-8 ats, & Orlando magic is 9-2 ats ect. But those aren't my best EDGES those are just fun things I follow on paper that I know will win the majority but their not STRONG ENOUGH for my clients especially if I wait ill have better shit *which is what I do*👌
Anyways I cant wait to bet $500k on a game lol I wish they would let me do it in preseason because I will truly fuck them up 😈
Unfortunately they only take big action during the playoffs & championships
But I'd bet $500k during the NFL playoffs ⬅️
Nba playoffs ⬅️
Nhl playoffs ⬅️
A few March madness games ⬅️
& the MLB PLAYOFFS ⚾️⬅️
If they allowed me to bet $500k on any bet ill fuck em up and I mean that.
You will win some and you will lose some. Sport's betting isn't for everyone. If you work hard for your money please spend it wisely.
The younger they are, the smarter and more successful they claim to be, even though they have the least experience
For those who don't know what a parlay bet is, Forbes says it is "Parlay bets are wagers used by sports bettors of all experience levels to tie two or more bets together on the same ticket to create a larger bet. This requires multiple outcomes to go your way but increases the payout if successful."
If you’re THAT good, the casino bans you
Or severely limits you
That's why the guys who win hire "agents" to place bets on their behalf. I've actually seen a pit boss bribe an agent to rat on their analyst.
Absolutely love the sports betting content. Thanks!
Is my favorite content he does
Damn that's Toronto accent is strong before they showed the picture I was about to be like is this guy Canadian
probably lives in Georgetown though
@@Todd_Kobellnah that's definitely Toronto mans, he has to be closer. Sauga or Scarborough
This same bullshit happens in trading. Ik a kid who runs a discord giving out trade alerts. He’s signed up to a discord where he gets the trade alerts. The guy that runs that discord is just signed up to a different discord. It’s ridiculous smh
Yeah I've seen discord guys give callouts from Twitter lol and what's sad is people look up to them. There are 16 year olds ditching school thinking those guys have their best interest at heart.
Any tipster in front of a lambo is a fraud
how come every prof bettor looks like his iq isnt enough to tie his shoes by himself?
because they’re usually alcoholics and drug addicts who are drowning in debt but believe the lies they tell themselves about being winning sports bettors 😂😂😂
I knew a guy personally in college named hevad khan who's parents were doctors or med ed field, he was a stats and econ major and at that time poker stars was like the newest thing then. I knew a good circle of these guys gambling in their dorm rooms. It wasnt surprise to me when one day I saw him on tv on the final table of world poker tour. But truth was his parents probably highly rejected this choice of his and it prob conflicted with his life. Relationships and lifestyle. He was very americanized and that led him to pursue that but I have a feeling he eventually realized the personal damage it inflicted upon himself. Theres no way it can be healthy in prof gambling to desensitize you to be wreckless with money or bets. And it trains the ego poorly. These days I dont think hes gambling anymore.
That depends and sounds judgy judgy. Immigrant parents would be horrified because of old school beliefs. All you clowns under 35 lack life experience. You can either spend years in school to make 25% of what the owner of the company makes or you figure out some way to make money everyday, all the time.
Dude pokers a different story. That is a more responsible gambling. You're playing against other players. Sports betting you're going against the house
What happened to Hevad after poker?
What kind of story was this bro??
@@420villaintalk about a cliffhanger
If there are angels, it's people like you and coffizilla... God bless you brother!! #respect #love from India
I’m a tax preparer for tax payers with at least mid 6 figure income on average, and I’ve only witnessed 1 out of maybe 7 or 8 taxpayers with gambling income actually have a gain.
Many of those with actual gains wouldn't be having you report it. You just don't know about those ones and likely never will. If they gambled unrated at a table game there would be no paper trail just some extra cash sitting in their safe even if they were cashing out over $10K triggering a CTR it's not an income report sent to the IRS.
When they lie about their results, and they all do, it’s scamming.
Loved the video, as a winning gambler (part time) all the things you said where true. The one thing I would say is that you can get better than a 3% edge. Finding short term edges can yield results closer to 10-40% but no good thing last forever.
YOU CAN BEAT THE BOOKS but.... it takes time and effort. And will not last, you will be banned. Find +ev bets, put in the time and let the math play out. Last year i made a solid 8% roi over thousands of bets.
It’s insane how all of these online gambling sites have hooked in young dudes. They will learn the hard way.
I had a spicy 11 leg parlay yesterday and the yankees lost…. I was close to winning a bag🤦🏾
IDK if he's a winning sports bettor but if he uses a tool the tool is probably oddsjam which is about $200 a month. It's a screener that finds positive EV bets and arbitrage opportunities as well. Nobody gets rich on arbitrage opportunities alone so positive EV bets are where the money is made. A lot of newbies make SO MANY negative EV bets that work against them, it's not even funny. It's ok if you're betting as a hobby or on your favorite team but if you really want to make it as a successful sports bettor it takes math and bankroll management and even then you can still be limited by sportsbook. I just stick to a day job, youtube AI automation and crypto. And NO Im not some dumbass day trader. I literally make decisions once a day based on where the price closes.
I was thinking Odds Jam too, but he may just be using something within an app
billy walters summed it up when he said that casinos now don't even want winners. but if there are no winners why would anyone want to play at a casino? you have to have winners from time to time but now casinos are just insanely greedy and don't care
the winners are people who win and stop betting
Problem is every site will limit you, if you continue to win. And it goes really fast. Then you can only make really small bet. Then you have to use other people to make the bets on your behalf. And there is very few that can make a living, and it is a real grind, to compare every site where you might have an edge. Almost impossible.
The data shown regarding parlays circa 1 minute 17 seconds into this video appear to be based on "Win Percentage".
Plenty of gamblers are happy to throw a dollar or two on a parlay (aka multi-leg) bet knowing that they will likely lose... but could win big.
Thus the winning percentage will be low, but the total dollar amount gambled will also be low.
This kind f changes everything.
I played the UK lottery and the first week I won about GB£75 and I have never bought another lottery ticket since. That's what you need with betting and when I worked at Goodwood racecourse I bet on a 6 race accumulator and when Smokey Native came in my £8 bet turned into just under £1000 and I have never bet on horse racing again. This is the only way you're ever gonna win with betting....
It baffles me these people even conned near enough people to rent out the jewlrey, cars, and places they stay at
This has happened to a few guys, And it's luck, Because once you buy their picks all the customers are p***** off of why they're losing money. Out of a million gamblers you're going to inevitably get few lucky winners. People don't see it that way they just see this guy knows what hes doing, When you start buying the pickss then you realize he doesn't know what hes doing
You can tell right away hes not a winning sports better, he cant explain his edge.
His recklessness of 500k in one bets says it all
Went through it once. This guy in Vegas off of the radio went 22-0 one weekend off college and nfl football. We bought his picks the following week and was up 2 grand. I was placing 200 to 300 bets. We were on cloud 9. Yeah next week I lost $800 on the first 3 picks
Absolutely if he’s betting $100k per month than $500k on one bet is trash 🗑 this guy must be drowning in debt
I’m winning at a 58% clip right now, there’s two big casinos where I live, I see so many people in there just flushing away their money on parlays I think they probably just think I’m another losing gambler.
Right now as in this week?
@@Jeremy_the_bot 3 months
I bet professionally all the time and winning bettors place bets based on percentages...they don't put 400k down on one game...lol.
Typical percentages are 3,4, and 5 percent of your bankroll.
A Buddy of mine was a straight better and just rolled hid bets
I paid $500 for a month of his picks 2 years ago. I can tell you right now that he's not even close to profitable. He sends picks 30-60 seconds before the game's start time, so you'll never beat CLV.
I don't have the spreadsheet anymore, but I recall losing ~30% of my bankroll in the first week. That was with me betting 2.5-5% of my BR per bet. Over the month my BR had dropped to below 50%.
If you could sell your picks to enough people you could kind of a "Pump and Dump", especially if you could get them all to bet on the same sportsbook. eg. Team A vs. Team B. Tell all of them to bet on Team A. The bookie get several bets on Team A from the tip buyers and adjusts their odds down and Team B odds up. Then the tip-seller could bet on Team B at inflated odds. It would probably be hard enough to get an odds movement to make that bet profitable though.
Not to mention with these alt leg player prop parlays you get way below fair value as most books don't offer those lines and thus there's no market standard or norm to determine fair value
There's a simple saying with gambling. Casinos and lotterys are not built on winners.There built on loosers!
One of my friends has cashed over a million dollars in sports bets. He starts low with a few hundred and just rolls his bets. It's a different mindset you have to have. Say once you get up to 10 20 grand and you lose it, you have to look at it as you only lost that few hundred you started with. It's not easy
so how much is he losing
is he cycling through different casinos or what cuz making millions that is hundreds of wins in the positive if he is just going all in every single time
@@UndeadxAssasian thousands of bets between all the casinos and apps. I believe the 700k he cashed on a single bet was from red Rock. He starts low and takes bets he really likes that's it and rolls it. I've tried the method and pussied out once I got over 1000. Started off with 100 and just keep rolling it. -110 bets mostly never any parlays. His mindset is you aren't losing the amount your currently at, you're only losing $100
@@UndeadxAssasian we all lose. Personally I'm in the red still but that's because I was parlaying bets alot before I moved to his method. Using his method has put money back in my pocket. Take 1 bet at a time and be patient.
Legalized sports books are like nightclubs that use the velvet rope to let in the "right" people and exclude others.
I’ve seen 10000 sports betting ads in the last month.
Betting is gambling and really, only fools do it.
Im a Vegas local since 71. In late 80s early 90s me and cpl friends tried to launch a sports betting service. The 900# service was really popular at that time and we tried to get a service started. The industry is so slimy and below board we got really turned off and just said screw it and stopped. Any late night tv in early 90s had informercials with these guys screaming on tv spots to call their numbers. Larry Ness and Jim Feist were huge at that time at least locally. I gave myself the nickname NBW..nothing but winners.haha. we were young and dumb and betting parlays. Still bet today but the industry is very tough to make living.
Vintage Spencer 🔥🔥
If you buying picks your being finessed hard af
You think Americans gamble big just check out Australia’s bets per capita. By farrrrr the biggest gamblers on the planet
Good, get me some clients then mate and ill share some of the profits with you 👌
The bookies will limit you very quickly. If someone shows consistent big wins with high stake. You must know it's a scam
Great video as always, I hope he revisits the whole “Hyperverse” thing soon.
One thing yall have to understand is that if someone is truly beating the books, they'd be banned! So next time yall see some clown showing his Bovada/Prize Picks/Draftkings slip, he's not beating the books.
Its even worrse than that. Bookies have sophisticated systems that shows them how likely you are to take advantage of them, and the higher this possibility, the lower your stake until eventually gets to 0. Its impossible to trick this system. The only way you can beat the bookies, is by finding some technicalities in their odds and take advantage of it. Like 1-3% edge arbitrage bets when bookies are slow to update odds. This translates to profits eventually with very low variance, but profits with very low variance will trigger immediately the system that bans you, because thats what they are looking for. You have to extremely increase your risk, to trick the bookie that you were just lucky, for example make a couple of crazy high odds bets, lose, and when your stakes go higher leave with 2-3 huge wins before they find out. But of course this is impossible, there is no way you can be profitable with this extreme risk tactic, unless you litterally know the future.
Correct 😂 they’re only showing the ONE WINNING TICKET 🧾 from a pile of losers …
@@jimipet the bookies are looking for people that game the system
Spencer with another banger, just rewatched this vid 30 times
Impossible. the video has only been out 30 minutes. Spencer using bot comments?
@@ltlocus it seems we truly lost spencer…idk wtf happened
@@ltlocus Or... it's just someone being funny?
Thanks Mom!
10:46 That's true.
There are many sites to get information. For the past 10 years I don't even bother watching games. Better things to do.
Bankroll management is important in any form of gambling. It's a reason why many fail.
Yep if these idiots watch the games then their not legit because why would you waste 2 hours watching a game when you can spend that same two hours looking for your next game or going over why your last game won or lost ect.
Do your research, select your game, bet on it/give it to your clients, then thats it.
Once thats done find your next game or work on your strategies thats what I do 🤷♂️
What i DONT do is waste my time watching the games hahaha!
@@jeremyscorpio4170 because its fun to watch, retard. some people actually enjoy it
This is awesome to see! I dm’d you maybe 2 months ago asking if you knew who he was and you hadn’t at the time
That's why u gotta play +ev only not your favorite player . Those casinos do the work for us , they pay trillions of dollars for stats and research for their teams to beat us gambling. If you follow Pinnacles lines vs these newer apps it's a smoke show . You can beat the house over 8% a day on where you shop for your oddss. That's why prizepicks is thriving it's -119 all day
Did u just describe the glitch?? Lol
This might be the first sponsor I didn't skip
I think these sports organizations instilling ML's and other betting odds as part of their programming should be illegal! Gambling shouldn't be advertised the same way tobacco isn't allowed to.
Crazy..I live in vegas and sports bet for a living I make 3k a week betting on the books side of lopsided games..I bet same amounts and pay myself weekly and show no flash at all these gurus are nuts and sad
why anyone in their right mind believes random people on the internet is a mystery.... i guess suckers are in endless supply
Spencer didn't explain house edge well. He made it seem like your hundred dollars will become $92 over time making many bets which may sound like cheap entertainment. That might make someone think they are only going to lose $8 total over a long time of betting. What should have been explained better is that you lose that $8 on average for EVERY bet you make when all the wins and losses are tallied and averaged over many bets.
If you make 100 x $100 bets you should be down about $800 after booking $10K in action.
That right there proves he ain’t no pro, no one with any ability or critical thought would have picked Conor Mcgregor in either of his fights with the 💎
I won a decent amount of money and fab duel won’t let me bet any more
I don't like parleys I usually just do flat bets but if you're only trying to risk 10 15 20 a day I work with guys who hit pretty good they arent quitting their jobs but they do well.... Ita very hard to win consistently..
hahah when this clown said "we discovered a glitch in the system" ... i lay these clowns bets all day
It's almost like they're all gonna stay poor no matter what anyone else thinks about it.
The second someone says they found “a glitch” they’re a fraud.
facts 😂 sportsbooks are airtight with their systems , and all of them are affiliated with each other some type of way
Most of these cappers are poor but there are a small number who are very good and no they don’t do parlays!
They kick you out when you win!!!
You made a mistake there, it’s not 92, if they are making 8% it’s on top . It’s a big difference
I disagree. Lots of profitable bettors bet parlays… because… if you have an +EV bet, then the parlay compounds the edge in your favor. Lots of pros bet parlays as cover.
Love the sports betting stuff, need more of it, maybe even a follow up on previous guys posted - and this isn't on the gambling playlist
Saw this spencer guy clowning Fraud and Fit and I absolutely loved it.
clown and fit
@@joseheat2006 I am still trying to figure out why non-Black men like that watching Fake & Funky
@@dj4monie Because boys watch the show, not actual men. They are doing some little boy shit
@@dj4monie why do you say that?
Beat Caesar's sportsbook now I am limited to only 10 dollars.
This video is great and a return to form.
The boxing gloves on the shelf behind you look like an elephant doing a yoga position lol
I smacked on a 4 leg home run parlay 2 weeks ago and only got 2 followers. I was so confused 😭😭
5% of bankroll per game seems pretty heavy by the way, especially if you opt for volume and are willing to take plays below 5% ev (expected value)
Start low and go all in on every game. $100 and keep rolling it
Does anybody ever bring receipts to these shows ? I’ve never seen any paperwork. Dudes just claiming this and that
Capping? It's what it sounds like already.
😂😂😂
Denise Coates, the CEO of Bet365, received £1.5bn in pay and dividends in the period from 2016 to March 2023. Yes that's billion with a 'b'. Aside from the punters who enjoy an occasional flutter for fun, that money has come from bettors who think that they can 'beat the bookie'. Ms Coates' pay would suggest otherwise.
Fortunately so many fan boys did bet on Mcgregor that those of us with sense got paid when DP KOed that gutter punk
I was sure betting on the guy who has the most social media followers was a winning formula!
I’m up over 100% year to date with my sports betting group, Over 400 bets
I won 1200 over about 20 bets and won 14 of them. Not big bets as you can see but the message i got from the website was something like " this sute is for casual bettors etc" so please leave basically and 5 dollars is my max 😮😮😮
Just a dude that only bets what he really likes and tries not to force it...
I been in for almost a year with RJBetz I’ve won the most I’ve won with any other person who sell picks he’s really good so this video feels like a bit of hate he explains money management and percentages on certain picks and all
It sounds like he's using one of the many tools out there to do "positive ev betting". He might have gone on a run in the beginning and even figured out a temporary edge on the house when he talks about hitting the unders. Once the books closed that leak he probably either started using a paid for tool for arbitrage betting, but most likely for something like +EV betting. When he talks about the probability of how well a bet cashes, it sounds like most videos here on YT about +EV betting. In fact, when watching your previous Dave Miller video, they seem to also be doing a very sophisticated version of +EV betting. But in his case he knows it so well that he probably recognizes a +EV line by just looking at it, without the need for a tool.
Thats not a strategy or an "edge" lol.
I use to test that for fun but without a solid strategy your just guessing 👈
*i use to test playing the under in the last 2 or 3 minutes of a game going off the pace of the game do I believe they can score 15-20 pts in that time frame ect 👈
GARBAGE STRATEGY BEEN THEIR DONE THAT AND IF IT WORKED I WOULD HAVE INCORPORATED IT AND WORKED ON IT TO MAKE IT BETTER LOL.
If im not on it or interested in it then chances are the strategy is probably worthless.
Long time spencer
I won over 1300$ off of 2 25$ parlays before, haven’t won big like that afterwards but that was a fun payday lol
“I hope you’re following” no I’m not and will continue watching 😂
What he's saying regarding his edge didn't work and there are other reasons his story is not believable... and yes we love people having a good time and place crazy bets, betting is about having fun... The only thing thats real is him making money of the people buying his picks and his sponsorship/affiliate deals... Regarding the 500k bet for it to be accepted, you must be a long term looser, winning guys get bets reduced...
ARV
all time exists now. If you can tune into the 'future' event, you can know who wins.
Ty SC!
Unless sportsbooks allow alternate betting lines, Parlays are fools gold.
The pic of him standing on the Lambo was photoshopped. He didn’t actually stand on the car. 😂
Hi Spencer, John from Australia here. I have an edge on the book makers, I don't gamble and I win every time I don't play the game. Winners did not build Las Vegas. Top channel mate.
Can you help me
@@steezo2444 No, I can't help you, you can only help yourself. Put your phone on a table and 'try' to pick it up. Start there.
@@steezo2444 i can just not for free 😋
I'm looking for people to build with.
Anyways if your serious ill give you some homework to follow......
Best casino game to play…………. Poker!( only if you learn) 👍
Hi Spencer recently I found this guy (Nick Shawn) claiming making millions in the last 8 years with forex just hedging,he is also selling courses. Could you please chick it ? Thanks Marco
11:50 then buy their stocks... They don't make money. Casinos serve one purpose. Money laundering. NO ONE MAKES MONEY. wasted enough time analyzing these stupid companies. The money always somehow disappears, and never ends up with shareholders. Don't ever run a casino. Never do it. Organized crime will not only eat your profits, you'll lose money.
Keep doing this type of work Spencer!
Anyone with a chin-strap beard is a liar.