View Full Version : Cnbc money talks

03-28-2014, 10:57 AM
I love this show!!!

Watching people bet $11,000 to win $10,000 while sipping on a cocktail, what's not to like? BUT, I highly suspect it is a put-on like much "REALITY TV", and that it is airing on CNBC rather than E is somewhat troubling. A "business" channel I am certain will do wonders for VIP Sports revenue as there is an implied credibility. Keeping in mind that this is a channel that has a mad man shouting stock picks while pounding on a noise box. (I like Cramer, but don't invest based on his wisdom F.W.I.W)

My personal bias is there are a few people who make big money betting on sports, BUT they don't make it selling picks. They bet, or if they are big enough they break up their bets using mules to avoid moving the line or having bookies deny their action. The guy calling you from a boiler room or with a website touting winners. GOOD LUCK!

Also in the states online gambling is still largely illegal in most states. Betting with offshore bookies carries its own risks, this is after all a scam site and I am not a movie critic. Nor am I a mother hen, we are big boys and girls. If you want to gamble, have at it. But when you hear on TV that if you make two $1000 bets a week that you will make $100,000 a year consider the following...

Money Talks (http://www.cnbc.com/id/100950308)


The star of the show Darin Notaro a.k.a Steve Stevens.

Man, 25, sentenced in scam of elderly - Las Vegas Sun News (http://www.lasvegassun.com/news/1999/aug/25/man-25-sentenced-in-scam-of-elderly/)

Some not so good press on how believable the numbers tossed around are.

Interview With Steve Stevens, CNBC Money Talks: Full Of **** | SportsGrid (http://www.sportsgrid.com/gamblin/cnbcs-sports-betting-show-stars-floyd-mayweathers-friend-whos-so-full-of-****-it-hurts/)

CNBC bets on Las Vegas (http://www.reviewjournal.com/columns-blogs/entertainment/cnbc-bets-las-vegas-sports-consulting-agency)

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Warning Signs About a Handicapping Service
1. Their contact information is incomplete, deceptive, or non-existent.
2. They are not monitored at an independent monitoring site.
3. They claim independent monitors are dishonest and accept bribes.
4. You are unable to talk with a handicapper on the phone.
5. They don't want to accept a credit card for payment.
6. They put pressure on you over the phone.
7. After you have bought from them, they try to upgrade you and sell you "better picks".
8. The plays they release are at lines you cannot get
www.vegassportsauthority.com - Scamdicappers scam handicappers dishonest sports services ripoffs (http://www.vegassportsauthority.com/scamdicappers)

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First and foremost... Idiots and scammers who claim to go 142-0 against the line, or that they are hitting at a clip of above 90%... they're full of **** and their sites prove the point.
Sports Handicapping Scams (http://againsttheline.com/index.php?Page=17)

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One of the cheesiest scams these services use is called "Playing both sides." While you're anticipating a football pick based on the touting service's solid knowledge of both teams, these companies will divide their customer bases into two. They will give one half of their customers a pick for the one team while giving the other customers the pick for the other team. This assures that at least half of their customer base will be satisfied. This practice can also be replaced by running two different tout services that give predictions for different teams.

Five reasons bettors should avoid handicapper tout service scams - College Football - Rivals.com (http://sports.yahoo.com/ncaa/football/news?slug=ac-7099690)

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Welcome to the Wild West of online sports betting in the Land of the Free, where American sports bettors of all levels basically have two choices: Move to Nevada or make sure your bankroll is a size that you can laugh off, in case the U.S. government or an untrustworthy bookmaker snatches it.

Climate surrounding offshore sports book industry 'as bad as it's ever been' - Linemakers - Sporting News (http://linemakers.sportingnews.com/sport/2013-04-24/offshore-sports-books-arrests-indictment-legends-spiros-athanas-wsex-schillinger)