Wanted to add that a couple of things strike me about the show as being very accurate as far as "tout behavior" goes.
They apparently have different levels of picks most days for different levels of players. Of course they (touts) do this simply because, in the odd event that anything wins, they can then rant and rave to brag about their explosive winnings at that particular level.
They charge different fees to different players for precisely the same worthless information. A conman is a conman is a conman, and so on! The fact is that touts would steal the compounds out of their own dead mother's teeth. They are charging the absolute maximum they can squeeze out of each person.
Steve's explanation as to how he is arriving at his plays (Team X has not lost yet this year at home?) is so childish and silly. It points up the reason why many touts refuse to ever site any rational for picks. Just play them because they said so.... no explanation needed. Well.... maybe you feel like you need an explanation.... but he does not have a good one..... So you won't get one.
All in all, the show claims to take people into the world of Steve Stevens.....Amazing that even after seeing the ignorance so evident in this show.... anyone would still be willing to pay them a red cent. Amazing!
They apparently have different levels of picks most days for different levels of players. Of course they (touts) do this simply because, in the odd event that anything wins, they can then rant and rave to brag about their explosive winnings at that particular level.
They charge different fees to different players for precisely the same worthless information. A conman is a conman is a conman, and so on! The fact is that touts would steal the compounds out of their own dead mother's teeth. They are charging the absolute maximum they can squeeze out of each person.
Steve's explanation as to how he is arriving at his plays (Team X has not lost yet this year at home?) is so childish and silly. It points up the reason why many touts refuse to ever site any rational for picks. Just play them because they said so.... no explanation needed. Well.... maybe you feel like you need an explanation.... but he does not have a good one..... So you won't get one.
All in all, the show claims to take people into the world of Steve Stevens.....Amazing that even after seeing the ignorance so evident in this show.... anyone would still be willing to pay them a red cent. Amazing!
This is from a CNBC website promoting the episode for next Wednesday.
05/21/14: Money Talks 108: THE FINAL SPIN
After receiving a big commission check in the mail, Steve gives a $1,000 bonus to each of his top five sales reps who decide to "invest" their bonuses in a winner take all gambling competition. Steve focuses on returning client, Lee Pappas. Lee throws Steve a curve ball when he informs him that he's only in town for 24 hours and wants to bet $50,000 on just one game which works against everything that Steve teaches about money management. Meanwhile, Skipper drops a bomb and tells Steve that he's thinking of leaving VIP to be with his family back east. Steve must come up with a way to win back his best salesman and pull off a $50K win for one of his biggest clients.
Seems likely to me that Steve will come up with a huge favorite to put the client on. Don't lose sight of the fact that Steven Boy stands to make $25,000. (Half of the $50,000) But, of course, the client stands to lose the entire $55,000. So much for money management! Probably buy a half point in any case!
05/21/14: Money Talks 108: THE FINAL SPIN
After receiving a big commission check in the mail, Steve gives a $1,000 bonus to each of his top five sales reps who decide to "invest" their bonuses in a winner take all gambling competition. Steve focuses on returning client, Lee Pappas. Lee throws Steve a curve ball when he informs him that he's only in town for 24 hours and wants to bet $50,000 on just one game which works against everything that Steve teaches about money management. Meanwhile, Skipper drops a bomb and tells Steve that he's thinking of leaving VIP to be with his family back east. Steve must come up with a way to win back his best salesman and pull off a $50K win for one of his biggest clients.
Seems likely to me that Steve will come up with a huge favorite to put the client on. Don't lose sight of the fact that Steven Boy stands to make $25,000. (Half of the $50,000) But, of course, the client stands to lose the entire $55,000. So much for money management! Probably buy a half point in any case!
Im trying to find out Skippers real name. I swear he is the spitting image of my bookie when i was in college. His first name was Lenny....if it isnt him, it's his twin brother. He was a piece of shit asshole 20 years ago......it looks and sounds just like him. Can't find his actual name.
this steve stevens reminds me of every single sales agent at sportsbooks I met back in the day in costa rica, they would all run their mouth saying they could get as many sign ups as you needed and get them to deposit thousands of dollars.....needless to say 90% of them were just drug/whore addicts who couldnt get a sign up/day...same antics same bs all the time
Well, we're one week away from Steve Stevens not giving out a single dog to any one of his clients! Let's see if he can wrap up an entire season of nothing but chalk! The fat fuck who gave out the Patriots +1.5 to the strip club owner was literally the first dog I've seen anyone give out on the show. And if it was such a "monster" play, why did Steve not give it out to the Amish looking client from Idaho?
The whole thing is just pathetic. Win or lose, all these assholes really want to do is just milk as many suckers as possible for as long as possible.
Oh yeah, one other thing. Guys who aren't "honorable" and don't pay what they owe really piss off Steve Stevens? Seriously? So I'm guessing he's paid back every penny of the money he bilked from the elderly that landed him in jail, right? Fucking lowlife scumbag.
The whole thing is just pathetic. Win or lose, all these assholes really want to do is just milk as many suckers as possible for as long as possible.
Oh yeah, one other thing. Guys who aren't "honorable" and don't pay what they owe really piss off Steve Stevens? Seriously? So I'm guessing he's paid back every penny of the money he bilked from the elderly that landed him in jail, right? Fucking lowlife scumbag.
so here is an honest truth story...
back in 1995 ( college ) we didnt know any better. we signed up with this outfit from NY who promised us big wins of course. it was the ultimate duck and dodge technique. when they won a game it was like the superbowl. when they lost they wanted more money to make sure we made up for when they won big.
luckily we caught on quick as they were a tad bit less than .500 and they were asking us ( college kids ) to put up $500 a game when we were betting $50
the problem is that there are a lot of desperate people out there that don't know any better. I had a guy paying me 10% of whatever I gave him because he saw my record in college hoops on some tracking site and ill never do that again. its no fun to fuck with someone else's life.
in general i think most people will be like......oh shit...i could do better than these fucking idiots charging me money, but at the same times everyday breeds a new brand of idiocy and there will be more people trying to sign up for tout services
back in 1995 ( college ) we didnt know any better. we signed up with this outfit from NY who promised us big wins of course. it was the ultimate duck and dodge technique. when they won a game it was like the superbowl. when they lost they wanted more money to make sure we made up for when they won big.
luckily we caught on quick as they were a tad bit less than .500 and they were asking us ( college kids ) to put up $500 a game when we were betting $50
the problem is that there are a lot of desperate people out there that don't know any better. I had a guy paying me 10% of whatever I gave him because he saw my record in college hoops on some tracking site and ill never do that again. its no fun to fuck with someone else's life.
in general i think most people will be like......oh shit...i could do better than these fucking idiots charging me money, but at the same times everyday breeds a new brand of idiocy and there will be more people trying to sign up for tout services
Yeah, I'm sure they will find some old game that was already played, pretend it's close throughout the show to build the drama, and then they'll send this high roller out a "winner" for the final pitch of this infomercial. Thank God this shit is ending....it's like a car wreck that you can't look away from. Maybe even CNBC is too embarrassed to keep the show on the air.
From an EV perspective though, next week's fake high roller client is actually better off risking his entire bankroll on one game. When factoring in EV, it's better to play one $100 hand of blackjack than it is to play 100 $1 hands. Anything can happen on one single hand, one sports bet, one roll of the dice, etc. Over the long run, though...the house edge will eventually kick in and beat you unless you have some way of overcoming it (and Steve Stevens isn't smart enough). Of course, no one bets just one hand when they go to Vegas...which is why the house always does win.
But for Steve Stevens, assuming a 50% commission, he needs to hit just under 70% to simply break even. Having bet on sports for about 20 years now, out of 100 games...I'm a believer that you'll win 25 and lose 25 right off the bat. A fumble, dropped pass, missed shot at the buzzer, etc...this crap evens itself out over time. You'll be on the right side and wrong side of those breaks that determine outcomes. So, those remaining 50 games are where you make your money as a handicapper. If you analyze it correctly, you'll win. If not, you won't. And if you're honest with yourself, you know whether you handicapped a game correctly after it ends. Pros hope to hit 30 out of those 50. Steve Stevens would need to go 45 out of those 50 just to break even for his clients. In other words, he'd need to do better than 90% on games which are determined by handicapping ability for this to be profitable for his clients. That's literally impossible over the long run.
Here's a good read on Steve Stevens and all his bullshit.
http://www.sportsgrid.com/gamblin/c...eathers-friend-whos-so-full-of-shit-it-hurts/
http://www.sportsgrid.com/gamblin/c...eathers-friend-whos-so-full-of-shit-it-hurts/
hno: 
