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Home > Sports & Fitness > Games-Gambling > The Smart Money: How the World's Best Sports Bettors Beat the Bookies Out of Millions
The Smart Money: How the World's Best Sports Bettors Beat the Bookies Out of Millions
by Konik, Michael
 
 
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The Smart Money: How the World's Best Sports Bettors Beat the Bookies Out of Millions

A riveting inside look at the lucrative world of professional high-stakes sports betting by a journalist who lived a secret life as a key operative in the world's most successful sports gambling ring.

When journalist Michael Konik landed an interview with Rick "Big Daddy" Matthews, the largest bet he'd placed on a sporting event was $200. Konik, an expert blackjack and poker player, was no stranger to Vegas. But Matthews was in a different league: the man was rumored to be the world's smartest sports bettor, the mastermind behind "the Brain Trust," a shadowy group of gamblers known for their expertise in beating the Vegas line. Konik had heard the word on the street -- that Matthews was a snake, a conniver who would do anything to gain an edge. But he was also brilliant, cunning, and charming. And when he asked Konik if he'd like to "make a little money" during the football season, the writer found himself seduced . . .

So began Michael Konik's wild ride as an operative of the elite Brain Trust. In The Smart Money, Konik takes readers behind the veil of secrecy shrouding the most successful sports betting operation in America, bypassing the myths and the rumors, going all the way to its innermost sanctum. He reveals how they -- and he -- got rich by beating the Vegas lines and, ultimately, the multimillion-dollar offshore betting circuit. He details the excesses and the betrayals, the horse-trading and the paranoia, that are the perks and perils of a lifestyle in which staking inordinate sums of money on the outcome of a single event -- sometimes as much as $1 million on a football game -- is a normal part of doing business.



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Title of ebook: The Smart Money: How the World's Best Sports Bettors Beat the Bookies Out of Millions
ISBN: 9780743281720
parent-ISBN: 9780743277136
Publisher: Simon & Schuster
Published: 11-2006
Released online for download: 11-14-2006
Author of eBook: Konik, Michael,

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The Smart Money

How the World's Best Sports Bettors Beat the Bookies Out of Millions

Preface

Gambling is America's second-favorite indoor pastime. Casinos, home poker games, bingo halls, state lotteries -- wherever Lady Luck can be courted, we're eager to stake our money on the turn of a card or the bounce of a ball.

Particularly the bounce of a ball.

Betting on sports is an American obsession. If you yourself don't participate in an office pool, or have a local bookmaker, or maintain an offshore Internet account, you probably know someone who does. Betting on football and baseball, hockey and basketball -- even NASCAR auto racing and PGA Tour golf -- makes the most banal athletic competition exciting. It imbues the ordinary with drama. It gives viewers a personal stake in the outcome of the contest, no matter how inconsequential the final score might be in the course of world events.

Since almost all sports betting in America occurs in the shadows, hidden from the scrutiny of actuaries, putting a definitive number on the size of the sports betting industry is impossible. But most re ... read full excerpt from: The Smart Money: How the World's Best Sports Bettors Beat the Bookies Out of Millions ebook



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