Professional sports bettors share their journey from casino advantage players to logistics providers in gambling, facing huge losses, exploring sports betting, and navigating the complexities of the industry. They discuss transitioning from card counting to advantage play, high-stakes bets, financial challenges, legal sports betting, and balancing dual careers.
Transition from advantage play in casinos to high-stakes sports betting
Logistics of scouting in-person visits and leveraging app technology for remote betting
Importance of cohesive team with strong work ethic for successful advantage play ventures
Dedication and urgency needed for successful sports betting with early mornings and constant communication
Challenges faced in sports betting industry favoring losers and scrutinizing winners
Deep dives
Supporting the Podcast - Credit Card Referrals and Travel Hacking
The podcast host talks about how listeners can support the podcast through credit card referrals included in the show notes. By using these referral links, listeners can gain bonuses, helping the podcast stay ad-free. The host shares personal examples, like a 16-day trip funded with credit card points.
Story of Advantage Players' Loss to the Sportsbook
The episode delves into a group of advantage players who encounter a loss with a sportsbook, emphasizing both the shock and inevitability of such incidents. The narrative unfolds beyond the mere loss, focusing on the journey of the players from being advantage players in casinos to high-stakes sports betting.
Curtis's Path from a Shoe Reseller to Advantage Play
Curtis recounts his transition from reselling shoes for profit to advantage play, starting with arbitrage on sneakers during his time at Nike. He shares insights on his escalation to blackjack and eventually navigating the world of advantage play with significant wins and strategic maneuvers.
Scouting for Opportunities and Remote Betting
The group's scouting efforts involve a mix of in-person visits to sportsbooks and leveraging app technology for remote betting. They highlight the importance of a balanced approach and strategic partnerships with both upstream and downstream collaborators.
Challenges of Finding Dedicated Team Members
The podcast addresses the challenges of finding committed team members willing to put in the work required for successful advantage play ventures. The importance of having a cohesive team with a strong work ethic and dedication to the process is emphasized.
Dedicated Work Ethic and Sense of Urgency
The podcast discusses the dedication and sense of urgency required for successful sports betting endeavors. Highlighting the commitment to early mornings, meticulous planning, constant communication, and adaptability throughout the day's betting activities.
Operating Strategies and Preparations for Betting
The podcast delves into the daily operations of a betting group, highlighting their morning check-ins to coordinate bets, formulate game plans for each location, and adjust strategies based on daily variations in work volume and available personnel. They employ a parallel tech stack involving instant messenger apps, PayPal, and spreadsheets, utilizing Telegram and Signal for quick communication. Betting groups strategize on which sports books to visit first to maximize profits.
Challenges and Headaches in the Sports Betting Realm
The episode discusses the challenges faced in sports betting, such as encountering issues with payments, handling account restrictions, and navigating the financial complexities involved in betting. It recounts a significant incident where mishandling a withdrawal led to a substantial loss of funds. The narrative underscores how the sports booking industry operates with a one-sided approach, favoring losers while scrutinizing winners for possible violations.
Balancing Work and Professional Versatility
The podcast explores the delicate balance between professional commitments in sports betting and a day job in sports medicine, highlighting the contrasting stress levels and fulfillment derived from each. It portrays the emotional and mental toll of being constantly on call for sports betting activities, contrasting the predictable stress levels of a clinical job with the unrelenting demands of the sports betting world. The episode emphasizes the intertwined nature of financial success and non-monetary fulfillment in balancing multiple career paths.
Curtis, Phil, and Reilly are professional sports bettors that provide the valuable service of getting down for originating groups. They are logistics providers in the gambling world. They talk about starting as casino APs, finding sports, and having several hundred thousand dollars taken from them by a sportsbook.
Find Reilly on X. https://twitter.com/ValleyBlitz_15
Support the show credit card links: https://docs.google.com/document/d/1YTMUqap_Z0D9832cOl5wYxUs16Byr6xx-iAZzrRL3VU/edit?usp=sharing
Email us: risk of ruin pod at gmail Follow on X: https://twitter.com/halfkelly
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