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Bob Voulgaris

๐Ÿ‘ค Speaker
572 total appearances

Appearances Over Time

Podcast Appearances

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

I don't know, like 40, 50, 60 million, something.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

I don't know.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

The point is that a lot of money, but the point is that I was also able to become extremely wealthy

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

Quickly, because I could not, I mean, I was taking massive chances in the sense like, I don't know if you guys, your readers know what Kelly Criterion is, but Kelly Criterion, if you want to pull it up, is like you're supposed to bet a percentage of your bankroll based on the derived edge you have.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

And my derived edge was so big.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

And the way you gambled back then was you were gambling through illegal bookmakers for the most part.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

they call them outlaw bookmakers, maybe not illegal.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

But you're betting and you're settling up on a week to week basis.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

And so I could bet if let's say like my bank, when I first, the first year I started doing betting really, really big, my banker was probably like 500,000, five or 600,000.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

But I was putting in two or 300,000 or more every night in action because I would just bet as much as I could on these games.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

Knowing that by the end of the week, it was like a statistical impossibility for me to lose.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

And I'll explain to you why this particular one was so special was because you had that massive, massive, massive mathematical edge.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

But then you also had the edge of like, overtime counts for the over.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

So you're betting the over and like four and a half percent of the games are just randomly going to overtime and that's a bonus for you.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

So you're never getting f***ed by overtime.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

Then you got the fouling situation where teams just foul.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

The Utah Jazz, especially with Jerry Sloan, would foul down 10 with 0.5 seconds left.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

Just never give up, ever.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

So that was also in your favor.

Pablo Torre Finds Out
"Your League Is So Cooked": The Best Bettor in NBA History on How to Solve a Gambling Crisis

So you just had a lot of things.