Sports Betting 101 with Steve Stevens - Profitable Betting Strategies
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- Опубликовано: 18 дек 2018
- Celebrity handicapper Steve Stevens from CNBC's original series "Money Talks" provides simple explanations of sports betting terminology and gives out his formulas for success. Today's topic: Profitable Betting Strategies
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Fans of the hit TV show "Money Talks" can now get the inside track on Steve Stevens' sports picks and sports betting news by tuning into his podcast. The VIP Sports Las Vegas podcast features Steve Stevens in a raw and unfiltered conversation. Steve Stevens' fans know him as the "Bookie Killer" born and raised in Las Vegas, he's the #1 sports handicapper in the world. Steve Stevens' big clients wager amounts larger than most people dream about, and they win more than they lose, that's the name of the game. Get into the winner's circle with VIP Sports! 
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I rarely subscribe on YT but this channel is electric lmao
Man!!! Same thing I said to myself. 🤣
Dude I'm 44 and been around, so thanks for being cool and realistic brother. I'm not stupid
Really good fucking advice right here. I started sports betting for the first time this year and made $5,500 in one week with a starting bankroll of $1,500. By week two it was ALL GONE, including my initial investment.
Chasing bets and betting so many games and changing all my bet sizes that he says not to do is EXACLY what I was doing. I couldn't take my loss like a man and tried to compensate which ended up being my demise.
I took a few weeks off, recalibrated, and built my bank roll to $3,500. I'm now trying to be more methodical and composed when approaching a bet and living with the result and formulating a new gameplan the next day as opposed to trying to win it back off emotion.
Great advice and if I hadn't seen this video I probably would've continued to make the same mistakes
Finally a good sport betting RUclips channel.. thank you bro.
This guy looks like Colby Covington’s father
I have spent months researching into betting systems and found a fantastic resource at Simple Sports Goldmine (check it out on google)
Crazy thing is before every ufc event colby always gives an accurate tip/prediction on who to bet on, 100% he has been right outside of his own fights
I said the same thing
I discovered your video on Alchemy hasty fixer - there plenty more awesome videos there that will help out
I found an awesome collection of videos that should help on Alchemy Hasty Fixer
Good Advice for everyone who bets on sports should know!! Key things , "you don't bet beyond your means"! Typically the average payout is 6.5 to $1.00, meaning if you win, you get $6.50 per $1.00 bet. I especially liked the advice about "HAVING A Bank"! I lived in Las Vegas for 14 yrs, I had good days and bad days. Best time to place bets is Football season.
Anyone can place a bet and even have an edge over the bookies and have long winning streak but very few have the bankroll management skills.
Which is crucial.
Right
Yup I mande 12k from 60 and lost 5k Bc of poor management
@@boosted5oooooohhh357 I've done the same before .
My experience is most sports are not profitable on long term or for big money.basketball is something I feel one can generate money with proper plan
Man Steve Stevensons info is pure gold!!! Shout outs from Australia
I’ve been doing really well this basketball season and end of football year. I break all these rules. The best thing to remember is don’t have a system. Each game is different and based on human effort and error- there is no fail proof system. You have to have a knack for it. I like in game betting because you can get a feel for the game flow. Very few ‘experts’ make money at it. They over think it.
Solid info and great attitude! Have a profitable 2020
Good stuff, def doing what your saying not to! Will research more b4 jumping back in and create a plan! Thanks
Wait a minute did you say for 1000$ bankroll unit size should be 250$? You got 4x shots here, am I missing something? Poker pro will tell you if you got 10000$ your unit size should be 100$ per bet if you don't know about compound management bankroll. According to your 1000$ bankroll example 1 unit = 10$ at least for me. Ain't nobody will become rich starting with 1000$... 4x shots for 1000$ is reckless management in my opinion. Because of sports betting variance and possibly the fact that you want to allow yourself betting more or less on specific games 100x shots is reasonable to absorb variance at mostly any games where significant luck factor can be involved, of course any games with skills involved implies that you know what you are doing = )
JV Miller
1 second ago
You should only bet 2% of your total bankroll per wager. Because of the law of numbers, everyone is bound to have losing streaks. Even professional gamblers like myself have extended losing streaks. So, to ensure you can survive a losing streak, keep your bets at 2% of your total bankroll. If you have $1,000 to invest in sports betting, you should be risking no more than $20 per bet. Want to risk more? Make more bets, don't ever risk more than 2% in any one wager. I have more advice about this at professionalgambler.org
250 dollars off of 1000 is crazy.
Mayweather K7 yup that’s aski to lose it all in one day with a bad day
Thank god we have u.
This is sports betting 101 folks so listen up! He just gave you rookies the keys. Great info Mr Stevens!
Thanks for your video, it's nice to learn something from a pro besides from experienced players. Lol I'm a raiders fan and I try to remember pride doesnt pay, winning bets does. As bad as it sounds I'd rather bet against Oak/LV to win my money. Thanks again
Your AWESOME!! I Love watching you !! Thank you :)
Hello
This info is gold!
Ty
Great show
Dropping knowledge all day everyday the-best-in-the-biz
Nice one bro,I think I have learned from your video clips, Ramzy from Nigeria,,,,
Keep up the great work.
Love the videos, Steve! Is there an advantage to actually living in Vegas? Can't you do all your betting online?
hell yeah this is good stuff ... no bs
Great philosophy
Steve is da man!
What’s with all sales people saying “ladies and gentleman”?
I have been following you for years Stevo. Hope to get to LV one day. Will be awesome to meet you guys. Shoutout from Thailand
Good insight...
On point!!
I'm a beginner just starting out with the drive that you have Mr. Steven's. I'm going to take what I've seen hear and apply it to my 1st sports bet on MyBookie for the Dallas VS Giants game this weekend. For starting out I'll invest $50. What should I put my bet on to make a profit and increase my bank roll to get where you are in life? You're advice would be greatly appreciated. Thanks...
Thank so much for tip.I only put 10 $ per game on NBA Odd-even number bet pretty much 50 50 chance.And slowly build up my bank roll
House gets a huge edge with those bets. Those are the sucker sports bets
@A B C D E F G H I J K M N O P Q R S T U V W X Y Z I made it till 3000 then cash out
@@jperception817 what kind of bets do you play man?
@@samson7533 basket odd-even number total point
@A B C D E F G H I J K M N O P Q R S T U V W X Y Z it depend sometime just small amount don't be greedy
What’s everyone best advise for success in sports betting? Please lmk.
This man changed me for the better in the matter of secs
U the men ....
I like this guy's logic but why no parlays? I've had my best year ever betting small units on parlays. I mean if you are going to bet a few games why not tie them together? Plus you can get in to situations where you can either middle the game or double up on one game. I figured i'd hear this from a high level sports better. No talk of hedging or middling games. Betting high units on 1 or 2 games seems a little counterintuitive. I'm not saying anybody is wrong or i am so smart after all i dont have a youtube channel but i'm curious as to why this is. No talk of value +ev, money line, i mean is he purposely not giving this stuff away?
I thought that too
I think round robins are the best personally. My motto has always been play not to lose.
Guy is hilarious and smart at the same time besides everything he said is basically a true.
Learn from the best. Steve is the real deal. Smart money management + discipline is the key. Keep up the great content. Respect
Guy is an idiot. Betting 1/4 of your bankroll on any game that is not 100% fixed is a suicide. Even 1/10 is too much. It's not sexy but it's the truth
Bill Walters has nothing on Steve Stevens.
Search for bets that mug punters are depending on like Manchester United, LA Lakers, Rafael Nadal, Serena Williams, New York Yankees, New England Patriots etc
That's nice
The mighty Steve-O speaking the truth
I learned everything from you and i made alot of money this last year because of you now i give out a free pick a day that i bet on and iv been winning everyday i came up with the KGM Picks i play one game day thank you so much for everything you done for me sub and hit the bell get my picks lets make money make sure you like this video it really put me lo n that next level
Let me work for you, please! I’m on my way!
Hey good shit..
Great Video!🎰💴💯👍😆
Well in your TV shows money talks you were telling clients to double up after a loss and triple after back to back losing days..hmmm
that’s such facts. could be because they came in with a certain amount of bankroll prepared to spend in a certain amount of time
The rosetta stone of sports betting!!
Thanks Steve!
The guy got energy! 👍😆
4:40 legit
I was using the martingale until I went on bad losing streak and lost my entire bankroll
He good
a squenence of three can only finish 3 ways o winners 1 winner 2 winners or 3 winners /things must change when 0 winners or 1 winners sequence has been played ?
Meaning??? I'm kinda with you
Good advice. Self discipline and self control to never chase losses.
I do love parlays but only 2 teamers I will take a team and over or under in same game that works but I need to build a bankroll and get some balls!!!!
fair enough $$$
Keep up the great work Steve and the Big Skipper👍 You guys are legit and I appreciate watching your podcasts. Rock on🤟
Are you retarded
Betting the same amount on every game seems like a bad idea to me.
I bide my time on the NFL with small bets until a week when I notice a
game that seems like a better bet than it should be.
And I try and concentrate on the teams in one division.
Trying to "know" the whole league over 16 games & playoffs
would take more time than I can spend on analyzing NFL games.
I don't know why betting is so restricted in the US. Your government even bullies small nations and districts into not taking bets of US citizens.
Steve Stephens is a master like a master of martial arts because he's a white belt always always learning I'm never satisfied never complete
"more money on less games" that's my war cry this year, henceforth.
It's not good strategy. What if your lose? If you spread your money on more games the chances are your looses little and get something.
I think if it was tweaked to only put money on the games you really feel good about / care about that it would be spot on .
My strategy blows away the house edge and is literally the opposite of what this guy is preaching. I am the best in the world that nobody KNOWS about. I will post my method here free if anyone is interested. Will prove with the math that parlays and teasers are best
@@ecstaticallyextreme ok please do it. I'll want to learn.
@@ecstaticallyextreme so?
Were in Vegas to brotha we should do a collab!!!!
Thank you video. Vip. Best 702. Like. The back gound. Cool
I agree with a lot of what he says except I ACTUALLY LIKE TO WATCH MY TEAMS PLAY. Of course I don’t bet anywhere at all near where this guy does , but I’ve figured out my own strategy’s to make me happy . what he says about betting teams to catch up or teams you never wanted to is 100% correct.
The firdt sentence he just stated is why I lost today had a 3 team pick going to the bookie then came out with 4 and the team I didn't have on the 3 pick was the team that killed my ticket damn. This is truly a sign because I don't know where this video popped up at damn smh.
Let's gooooooo
Can you give me some advice on betting soccer in Europe? I've lost thousands betting on dumb ass accumulators usually
Brilliant. Funny fella, but makes sense. Bigger singles, less often, than small accas regularly! And bet with your head, not your heart.
Mahalo Stevie! Phuckin' Love it! NOBODY BEATS THE BOYS IN VEGAS!!!!!!!
👍
This guy knows EXACTLY what he talking about. 100% correct about everything.
So then why did he have one of his clients on CNBC show double their bet then double again in a weekend when he lost? This guy is a con artist, if he makes so much betting then why waste time trying to make money on RUclips or doing a CNBC series.
The best is to bet one bet a game.
Remember this.. if they truly knew the winners, they would use their own bankroll to make all the money. 🤷🏼♂️
Never had a girl ride me reverse cowboy 😂
@big bee it's reverse cowgirl
Here is a great tip for you guys. Use trial and error when betting meaning bet the teams you win with and don't bet the teams you lose with. I don't bet over and under, Golf, Hockey, Tennis, Horse Racing, or Car Racing at all. Because these sports are almost impossible to make a profit on each year. If you like betting Golf and can afford it make sure you place your BET LIVE in the 4th ROUND because the best golfers have bad days alot. These guys like Dustin, Morikawa, Thomas, and Berger are not as consistent as Woods and Jack were when they played.
Used to love the show #moneytalks is that still airing?
all episodes are on this youtube channel
The absolute key that Mr Stevens mentioned is BEING SOBER. Drugs and/or alcohol and making a LOGICAL decision does not add up. you may get "lucky" every now and again while high or drunk, but if you want THE MONEY flowing in on a steady basis then you have to stay free of drugs and/or alcohol..Thanks for this important information Mr.Stevens
P.S. being sober is the key to success no matter what you do in life..
Personal tip, medication counts as drugs too. I was on prescribed Ritalin for a while and came to realize that a dopamine enhancing drug and gambling (live sports betting in my case) is a TERRIBLE combination
Good work steve
There are a few components to betting systems. One resource I discovered which succeeds in merging these is the Sebs Sport Crusher (google it if you're interested) without a doubt the most incredible resource that I have ever seen.look at the unbelievable information .
Yeah, this is how I brought my 5th aeroplane 😂😂😂
CHAMBA FTW
Can you please recommend me some group that always win??? Please, I really need cash please! Thanks! 😏😏😏
The thing people have to understand is the person placing the bet is the only one to blame for a loss. If you don't like the bet don't place it.
25% of your bankroll? 1000= 250? Did u mean 25
Hey Steve, why not have a 3rd party verify your record? That way you can prove you’re as good as you claim.
Steve is right on the money on this one.Having bet sports for several years everything he says is right on the money
You know nothing about winning in betting, if u think placing 25% of your bankroll is "right on the money".
Mr Martingale
He's the best out here... Been watching alot shows but his is the best... Only thing I don't like is under his stats I'm a little goldfish lol...
Goodfella🕶
Sounds like al Pacino
I went to the site but you haven't sent my free play yet
Betting the same amount everyday and buying points on favorites is a sure fire way to be a successful long term loser. I watched your show and while it's great entertainment... you had guys chasing their asses after losses. There is nothing wrong with increasing units on games you originally intended on betting in the first place.
I was thinking the same thang.. I saw this same guy made a man double down after a lost..
If your bankroll is $1,000 your unit bet size is $250? Isn’t that only 4 bets? Seems too high but I’m not “the best in the world.” Honest question, was that a mistake or is it recommended to bet a quarter of your bankroll per bet?
No, Anthony, you should only bet 2% of your total bankroll per wager. Because of the law of numbers, everyone is bound to have losing streaks. Even professional gamblers like myself have extended losing streaks. So, to ensure you can survive a losing streak, keep your bets at 2% of your total bankroll. If you have $1,000 to invest in sports betting, you should be risking no more than $20 per bet. Want to risk more? Make more bets, don't ever risk more than 2% in any one wager. I have more advice about this at professionalgambler.org
JV Miller Ok thanks. Maybe I misheard the video then. I could have sworn he said $250 per bet with a bankroll of $1,000.
@@avisco01 No, this guy is just an idiot.
@@ProfessionalGamblercom Good looking out my Brother. This Dude got Rookies messed up for real.
JV Miller Sports $20 dude? Really
This kind of guy will take any dudes wife...
Do not chase lost money period...
Anyone betting one game a week is not having fun betting. I bet about 6 to 24 games a week. Betting 3 dollars is like betting 1 dollar so I don't see a problem with what I'm doing. It really depends on the odds and what teams are playing against what teams. If the Ravens are playing the Chiefs or the Packers are playing the Seahawks I probably would not even bet the pro that week.
Which odds you would normally prefer in decimals?
I won't bet a team just because the number is great, for example the Jets + 14.5 or the Jaguars +10.5. I would not bet these teams under any circumstances this year. The only time I bet the Jets is when they had Darrelle Revis, Cromartie, and Bart Scott. There is a saying that if you bet bad teams then bad things happen. It has nothing to do with luck and everything to do with the players just not being good on certain teams.
@@Mike73010 good thank you for reply I am just confused about one thing which odds should I choose for long run for example say I am confident in a game should I go like 1.5 odds or 2 odds every single games
I am not sure what your asking me Kumar. I bet teams not numbers. I like betting Green Bay, Colts, and Tampa Bay this year. I like betting teasers only in NFL. The regular spread is extremely hard in NFL football. Money Line bets are bets I really like even with 2 or 3 team money line parlays. I only money line a favorite though, because if I like the underdog in the game, then I just take the 3.5 or 4.5 or tease it to 7.5. I really do not like betting more than 3 teams on a parlay. I hardly ever bet 4 teams or more on a parlay. It is like playing the lottery, especially in the NFL with those refs and coaches messing up alot.
@@Mike73010 are you in any social media like telegram or something
Hey Steve, good video, you got this, later, tc
Sober is key. Pass on those freebie drinks till you cash.
I have made money every UFC event this year just using an underdog strategy
Sir can you teach me the underdog strategy.
@@josephrecalde9332you need a decent bankroll to be successful at it
Have often thought this would work just from watching past results. Not tried it yet tho. Just think ufc is seriously unpredictable therefore bet underdog for profit
Not one UFC card in history has ever had all favorites win...let that sink in for a moment
I have the key I know you have listening that all your life I have the key