House of Strauss HoS: Raheem Palmer
Aug 27, 2025
Raheem Palmer, co-host of The Ringer Gambling Show and professional sports bettor, shares his wild journey from going broke to making millions while navigating the betting world. He discusses the addictive nature of losing, NBA superstar treatment, and critiques on football metrics like Pro Football Focus. Palmer also dives into the ethical considerations of micro betting and advocates for stricter regulations. His insights reveal how betting shapes living in Las Vegas and the emotional rollercoaster tied to sports gambling.
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Living The Vegas Life
- Raheem lived in Las Vegas before and spontaneously stayed seven months at the Cosmopolitan after a boxing event.
- He later officially moved to Vegas and described that lifestyle as wild but fitting his creative background.
Exploiting Stale Parlay Cards
- Raheem started betting profitable stale parlay cards in Delaware after college and made meaningful money.
- He and other sharps exploited numbers that shifted after parlay cards were published earlier in the week.
Won Big, Then Went Broke
- Raheem has both made millions betting and gone broke, and described a weird relief in going broke.
- He recalled being limited by regulated books after big wins and having to use offshore or local books.