Money Talks
 

I thought some might find this interesting or just kill about 4 hours.

https://www.youtube.com/playlist?li...cWxBnpGsIdyuL8h

Did you watch them all mate? I'm curious to know what you learned.

Cheers LG

Ive watched this before. Its pretty funny. You won't learn anything from it but its still funny to watch.

He mentioned that he should be buying real estate instead of spending it all. A rich uncle once advised me to always transfer windfalls - unexpected gains into lower risk. If I had taken his advice at the time I would have a couple of rollers in the garage and a country mansion by now.

LG

Sounds like good advice LG.

Google "Steve Stephens VIP", it tells a very different story.
What I can say here, is that he boasts a winning record of 71.50% on his bets, something that the very best sports handicappers cannot achieve long term.

Consider a man (any man) has an edge, he sells his selections and takes a commission from winning punters. That man cannot lose. The punters who do lose, do their dough. He walks away, none the worse.

The punters who win are destined to come back, but lose because any edge is eaten up by the massive commission taken.

Imagine that a man says he needs clients because all the sportsbooks won't take his bets in Vegas, because he is just so good. These sportsbooks have never heard of this man, and if it were the case, he just sends his neighbours, his family, his friends to put his bets on for him.

It makes for great entertainment, but that's all it is.

It's like the old system sellers who used to churn clients and give each client a different horse in the same race. They would publish the winner, and the winning punter would return and tell all his mates. It's like a pyramid scheme, remember "Golden Airplanes".... a few of my colleagues where I was working at the time lost big money in the 1980's.