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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76 COMMENTS

  1. Love the videos, Steve! Is there an advantage to actually living in Vegas? Can’t you do all your betting online?

  2. 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!!!!

  3. Yeah you definitely know your shit I will study a game win and then throw a fucking fart at a board and lose

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  6. 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

  7. 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

  8. 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.

  9. Can you give me some advice on betting soccer in Europe? I’ve lost thousands betting on dumb ass accumulators usually

  10. 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.

  11. Is there any way to determine if the money line numbers are “fair” to bettors ?
    When you are betting against the number, you can take either side of the same number so there is no incentive
    for the casino to manipulate that. But how can you tell if the money line payoff for each, or either, team is fair ?
    It seems like casinos could easily manipulate the payoff for either team to be less than it should be.

    Put another way, if the Money line was -303 in this game for Dallas, can you calculate what the
    money line on Buffalo should have been ?
    Bill Z
    Delaware County, PA

  12. 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.

  13. Remember this.. if they truly knew the winners, they would use their own bankroll to make all the money. 🤷🏼‍♂️

  14. 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?

  15. 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

  16. 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.

  17. Winner of a video, I been tryin to find out about “soccer odds lines” for a while now, and I think this has helped. Have you ever come across – Senonnor Peymma Eradicator – (Have a quick look on google cant remember the place now )?

    It is a great exclusive guide for becoming a betting master minus the headache. Ive heard some interesting things about it and my work buddy got amazing success with it.

  18. 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.

  19. 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

  20. 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 .

  21. 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.

  22. Brilliant. Funny fella, but makes sense. Bigger singles, less often, than small accas regularly! And bet with your head, not your heart.

  23. 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.

  24. 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 YouTube or doing a CNBC series.

  25. 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

  26. 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

  27. Steve is right on the money on this one.Having bet sports for several years everything he says is right on the money

  28. I’ve been doing this for 30 years. i wouldn’t go so far as to call this guy an idiot but….he lost me at ‘only bet one game a day’. It’s a skill game like poker. You either have an edge against the book or you don’t. If I followed this rule I would have gone busto 25 years ago. i can tell you the novice player will lose his mind doing this the first time everything he liked and didn’t play comes in.

  29. I need this guys contact information I just had 890.00 in my account on this betting site a month or two ago now I have twenty dollars in my account smh.

  30. What we really need is Marty Mac-fly’s Almanac from the future – though i
    have seen a system that comes close:

  31. 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…

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