Scared Money Don't Make Money

Join hosts Sam, Sunny, and special guest Danny in this lively episode of 'Scared Money Don't Make Money' as they dive deep into the world of sports betting, reflecting on NFL kickoff week, college football, and an array of other sports. They share personal experiences, betting strategies, and the ups and downs of their gambling journeys. The episode kicks off with Sam expressing his disdain for the NFL kickoff before the trio discusses recent bets on MLB games and NFL teams. They also touch on college football dynamics, including transfer portals and NIL, and analyze the intricacies of betting on various sports, highlighting the importance of watching games for better betting insights. Tune in for an engaging discussion about the current football season, top teams' performances, and future Super Bowl predictions. The episode wraps up with practical advice on responsible gambling and a teaser for the next episode focusing on casino games.

00:00 Intro
00:44 Welcome to Scared Money
01:48 NFL Kickoff Rule Changes
05:15 College Football Betting Insights
09:25 Second Half Betting Strategies
12:38 Survivor Pool and NFL Picks
13:37 Betting on College Football: Big Games vs. Small Games
14:51 NFL Betting: Regrets and Strategies
16:14 The Deshaun Watson Controversy
18:13 Brock Purdy and the Value of Contracts
20:23 Super Bowl Predictions and Betting Insights
23:05 Follow Our Picks: Betting Tips and Social Media

In this episode of 'Scared Money Don't Make Money,' host Sam is joined by special guests Mark and Danny to discuss the intricacies of football betting as the NFL and college football seasons commence.  Mark and Danny share their insights as seasoned sports bettors. Mark, a relatively new entrant in the world of sports betting, talks about his social approach, aiming for modest gains while enjoying the thrill of the game. On the other hand, Danny, a 30-year veteran in sports betting, outlines his disciplined and strategic methods that have enabled him to achieve six-figure wins over the years despite occasional significant losses.

The discussion covers a wide range of topics from the impact of preseason football on betting decisions, different types of football bets such as office pools and survivor pools, to the importance of money management and discipline in betting. They also delve into the psychology of betting, contrasting the casual, social approach with a more analytical, investment-like mindset. Danny emphasizes the need for rigorous research and strategic betting, while Mark highlights the social and entertainment aspect of betting.

Towards the end, the guests make their Super Bowl predictions and share their thoughts on a specific preseason game between the Philadelphia Eagles and the Patriots. The episode concludes with a reminder to gamble responsibly and an open call for potential sponsors to promote responsible gaming. Join us for an engaging discussion that blends expertise, experience, and the sheer excitement of football betting!

00:00 Intro
00:58 Football Season and Insights
02:01 Meet the Bettors: Mark and Danny
05:13 Betting Approaches and Strategies
15:24 Office Pools and Fantasy Football
17:51 Survivor Pools Explained
20:58 Big Wins and Losses
30:38 Responsible Gambling
32:26 Super Bowl Predictions and Closing

In this episode of the 'Scared Money Don't Make Money' podcast, hosts Sam and Sunny dive deep into the various types of gamblers, sharing personal experiences and observations from recent trips to casinos. From casual social gamblers to compulsive gamblers, they analyze what motivates different gambling behaviors and the impacts on personal lives. They also discuss tips on maintaining a healthy balance and controlling gambling habits. Listen in for an engaging conversation on the thrills and perils of gambling.

00:00 Introduction and Opening Anecdote
01:22 Vegas Stories and Gambling Experiences
01:58 The Impact of Young Gamblers
02:25 High Stakes and Dealer Interactions
03:26 Gambling Strategies and Superstitions
07:21 Defining Different Gambler Types
08:25 Casual vs. Serious Social Gamblers
12:19 Compulsive Gambling and Its Consequences
15:34 Personal Stories and Reflections
17:57 A Rollercoaster Night at Morongo
18:26 ATM Woes and Regrets
18:57 Gambling Memories and Lessons
20:48 Golf Course Gambling Stories
27:48 Mentoring Young Gamblers
30:50 Reflecting on Gambling Habits
32:14 Final Thoughts and Advice

Our recent trip to Las Vegas was quite an experience. We stayed at the Encore and decided to put these roulette strategies to the test with real money. Despite the outcomes on the roulette app which we tested in our previous video, the real money tables in Vegas was different. We faced some losses, proving that what works in theory doesn't always pan out in practice.

We decided to try an aggressive box method, placing $50 bets on the corners across the middle section. Unfortunately, this strategy led to a quick loss of $900 on the first spin. After ten spins, I found myself down $3,000, highlighting the high-risk nature of this strategy.

Switching gears, we tried a more conservative strategy involving columns and dozens. Initially, this method showed promise, but pressing my bets led to a loss. This experience really emphasized the importance of sticking to consistent betting increments to avoid pitfalls.

I also experimented with betting on numbers 19-36 and the columns. While this method brought some success, we fell victim to bad luck with zeros popping up multiple spins.

Meanwhile, Sam had quite the adventure with free bet blackjack. Over the weekend, he managed to come out $4,000 ahead. He explains the dynamics of free bet blackjack, noting how side bets and the push rule (when the dealer busts with 22) can significantly influence the game.

The episode is filled with our gambling insights and entertaining stories. Sam shares a late-night session where he successfully walked away with $5,000, underscoring the importance of knowing when to stop. Despite the ups and downs, we both learned a lot from each experience.

Looking ahead, we're excited to announce our next project: testing various craps strategies on an app. We’ll dive into different strategies and see what works best. As the self-proclaimed "craps master," I'll be sharing my expertise and strategies in the upcoming episode. We invite you all to tune in for this exciting exploration of craps strategies.

Sunny and Sam talk about the complexities and strategies of sports betting with a focus on baseball. They reflect on the lessons learned from recent experiences with sports betting, sharing stories, trends, and psychological pitfalls that often affect decision-making.

Key Takeaways:
- Over/Unders and Run Lines: Explaining how these betting lines work and why high "juice" (the vigorish) can significantly affect the risk/reward balance.
- First Five Innings Bets: Discussing strategies that focus on starting pitchers while mitigating the unpredictability of relief pitchers.
- Underdog Risks vs. Favorites: Highlighting the pitfalls of heavy favorites and how underdogs can sometimes offer attractive returns despite their higher risk.
- Superstitions and Group Influence: Sharing stories of their betting thread, where differing strategies and beliefs about weekday vs. weekend games affect outcomes.
- The Double-Up Fallacy: The tendency to chase losses by doubling down, often leading to greater financial risk.
- Riding the Hot Streaks: Both hosts discuss the concept of betting on teams that are "hot," such as the Minnesota Twins, and how momentum impacts betting decisions.
- Algorithm vs. Human Instinct: While sportsbooks base their lines on sophisticated algorithms, human psychology often plays a major role in making winning or losing decisions.
- Roulette Mind Games: Comparing betting strategies in baseball to the psychological traps that roulette players face, particularly when streaks influence decisions on betting red or black.

In this episode, Sunny and Sam offer a comprehensive analysis of their own experiences and share valuable advice on navigating the unpredictable waters of baseball betting. Whether you're a seasoned bettor or just starting, their tips and tricks will help you better understand the psychology and strategies behind making the right call.

In this exciting episode of "Scared Money Don't Make Money," hosts Sam and Sunny welcome Angelo, a well-known slots "whale" from Canada, to share his thrilling and insightful gambling experiences. Dive into Angelo's journey through the highs and lows of high-stakes gambling, from his biggest wins to the hefty taxes he faces.

Highlights:
- Angelo's Strategy: Discover how Angelo keeps track of his comps and balances them against his losses to essentially live a "free lifestyle."
- Tax Challenges: Angelo discusses the complexities of gambling as a Canadian in the US, including dealing with the IRS and the significant taxes withheld on his winnings.
- Memorable Comps: From staying in luxurious Vegas villas to attending the Stanley Cup, Angelo shares his top comps and why they make the high stakes worth it.
- Gambling Tips: Learn from Angelo's approach to choosing slot machines, calculating the potential return, and why he believes that not being "scared" to gamble big is essential to making money.
- Personal Stories: Angelo opens up about the emotional aspects of gambling, including a touching story about his father and their connections to some of Vegas's most iconic spots.

Advice for Listeners: Angelo emphasizes the importance of gambling within one’s means and viewing gambling as a form of entertainment rather than a money-making venture.

Join Sam, Sunny, and Angelo for a blend of laughter, lessons, and life stories in this not-to-be-missed episode. Whether you're a seasoned gambler or just curious about the world of high-stakes betting, there's something in this episode for everyone.

In this episode of "Scared Money Don't Make Money," hosts Sam and Sunny delve into the unpredictable world of gambling through the eyes of their youngest guests yet. Joining us are Matthew and Alex, two 19-year-olds with tales that swing from exhilarating wins to the humbling lessons of loss at the casino table.

From their first legal bets on a cruise ship to unforgettable nights at Morongo Casino where it's legal for 18+ adults to gamble, they share the rollercoaster of emotions that gambling has brought into their lives. With minimum wage jobs and a zest for risk, these stories aren't just about the gamble on the table, but also about the gamble on their future. The conversation navigates through the allure of easy money, the reality of hard losses, and the wisdom found in the aftermath of both.

Listen as we explore the youthful spirit of taking chances, the consequences that follow, and the age-old adage that rings truer with each story: scared money don't make money. This episode is a journey through the highs and lows of gambling, seen through the lens of those barely old enough to legally gamble.

Welcome back to "Scared Money Don't Make Money," where your hosts, Sam and Sunny, dive deep into the exhilarating world of gambling, with a sprinkle of business wisdom. No guest joining us today, but we've got a tale that's bound to keep you on the edge of your seat – our recent escapade to Las Vegas.

A Week in Vegas: Too Much or Just Enough?
 - Imagine spending a whole week in Vegas, from Sunday through Friday, amidst the dazzling lights and the never-ending sound of slot machines. Sounds like a gambler's dream, right? Well, for us, it's a test of willpower and strategy. Sam shares how a three-day Vegas trip is usually his max, highlighting the fine line between fun and folly when the days start adding up.

The Blend of Business and Betting
- Unlike our typical Vegas runs, this trip was a mix of work and wagering. Hosting parties and nightclubs for clients while trying to squeeze in some gambling time made for an interesting balancing act. And let's be honest, working in Vegas brings its own set of temptations and challenges.

The Highs and Lows of Gambling
- Sam recounts his disciplined approach to gambling, with rules like "no betting after 4 am" stemming from hard-learned lessons. Despite sticking to his guns, Vegas showed no mercy, quickly reminding us that the house always has an edge. Sunny, on the lighter side of betting, found himself out of his comfort zone with the amount of gambling this trip entailed.

Discovering Free Bet Blackjack
- A new game caught Sam's attention this trip – Free Bet Blackjack. A twist on the traditional game, it offers a free bet option on splits and doubles, adding an intriguing layer to the strategy. Despite the catch of a dealer's 22 resulting in a push, this game turned out to be a surprising highlight, offering moments of victory amidst overall losses.

The Power of Networking in Vegas
- Amidst the chaos of Vegas nightlife, we didn't just gamble with money but also gambled with opportunities, hosting large gatherings that turned into networking goldmines. Spending on lavish tables might seem extravagant, but in the realm of business, it's all about ROI – and trust us, the relationships built in these settings can pay off tenfold.

The Thrill of Sports Betting
- Shifting gears from table games, we dive into the world of sports betting, where an AI tool developed by our podcast producer is showing promising results. Sam shares his current winning streak and his strategy, which blends stats with a gut feeling about the game's dynamics.

Looking Ahead
- As we continue our journey, we're planning to bring on guests who are new to the gambling scene, offering fresh perspectives and insights. And of course, we'll keep sharing our picks and strategies, hoping to help you navigate the thrilling yet unpredictable waters of gambling and sports betting.

Remember, in both gambling and business, "scared money don't make money." It's all about taking calculated risks, learning from the outcomes, and enjoying the ride. Thanks for tuning in, and we'll catch you in the next episode. Stay lucky, everyone!

Welcome to another episode of "Scared Money Don't Make Money," where we dive into the exciting world of sports betting. 

This episode is particularly special as we welcome Danny Lee, a friend and a veteran in the sports betting game. He's not your average bettor; this man has an extraordinary story of funding his entire pharmacy school education through sports betting. It's not just about placing bets; it's about the strategy, discipline, and sometimes, sheer guts.

Danny opens up about his first-ever bet that got him hooked — a simple 10-team parlay that netted him a cool thousand bucks. It’s stories like these that pull you into the world of sports betting, and before you know it, you're part of it. I chime in with my own experience of getting drawn into the gamble, sharing the highs of an unexpected win and the lows of subsequent losses.

We get down to the nitty-gritty of what it takes to make a living off of sports betting. Danny shares insights from his 20 years of experience, discussing the importance of betting discipline and how reckless betting can lead to losses, even with a 70% win rate.

This conversation isn't just about the wins and losses; it's a look behind the curtain of sports betting. We cover the psychological aspects, the required discipline, and the math that goes into making intelligent, calculated bets. From the rush of a hot streak to the importance of managing a bankroll through the cold, every bettor's journey is a tale of endurance and resilience.

The discussion takes a turn into the dynamics of sports betting, including the impact of star players like Mahomes and the ‘Taylor Swift effect’ on Super Bowl bets. We also touch on the darker side of betting — the potential for game-fixing and the recent NCAA and NBA investigations into suspicious betting patterns.

So, if you've ever wondered what it's like to live on the edge of your seat, to make the calls that could lead to triumph or defeat, this episode is for you. We're peeling back the layers of sports betting to show you it's not just about the money — it's a lifestyle.

Join us on "Scared Money Don't Make Money," where we aren't just talking about making bets — we're talking about making history. Because as we always say, scared money don't make money. Tune in and let's beat the odds together.

Welcome to a new episode of Scared Money Don't Make Money, where your hosts, Sam and Sunny, dive deep into the world of Las Vegas gambling, sharing their extensive experience and savvy strategies to help you conquer the casino floor.

In this episode, Sunny and I pull back the curtain on the strategies that have kept us winning in Vegas. Contrary to what you might have heard, Sunny doesn't live in Vegas, but you'd be forgiven for thinking so, given his frequent and fruitful visits. Together, we've honed our skills in the art of gambling, focusing on two casino staples: blackjack and craps.

Sunny, a craps aficionado, explains the game's complexity, laying out a strategy for navigating its betting options. He shares his unique strategy, which cleverly plays both the pass and don’t pass lines, not just to optimize winning chances but also to skyrocket our comp ratings, making every Vegas trip more rewarding without breaking the bank.

I take you through the strategic depths of blackjack, highlighting the importance of adaptability, strategic betting, and the sometimes necessary deviation from conventional plays. Through our experiences, you'll learn how disciplined betting adjustments during hot streaks and a nuanced understanding of the game's dynamics can dramatically increase your take-home.

Beyond the mechanics of individual games, we explore the broader strategy of leveraging comps to maximize the value of every dollar spent on the floor. From free meals to room upgrades, we unveil how to work the system to enjoy a luxury Vegas experience on a gambler's budget.

This episode is a treasure trove for anyone looking to up their game in Las Vegas, from seasoned veterans to casino novices. Join us as we share our journeys, strategies, and the lessons learned from years of betting, winning, and enjoying everything Vegas has to offer. Scared Money Don't Make Money is more than just a podcast; it's your insider guide to beating the odds and making every trip to Vegas worthwhile.