Anyone watch Money Talks last night on CNBC? If you missed it's on tonight. The show didn't give you any insight into how the service made their picks just on how they marketed their customers and their lifestyles. I used to have these types call me all the time. High pressure. Just keeping telling the fish on how much they are going to win and not their record. Sell ! Sell ! :facepalm:
Money Talks
- Thread starter nflonfox
- Start date
Money Talks Pilot episode of CNBC?s controversial ?Money Talks? fails to rank among top 100 cable shows
By David Purdum on September 11, 2013 at 3:41 pm@DavidPurdum
The debut of CNBC?s sports betting show, ?Money Talks,? did not crack the top 100 on cable Tuesday, finishing behind such mainstays as ?Abby?s Ultimate Dance Competition? on Lifetime and ?Little Couple? on TCL, according to TV by the Numbers.
Spike TV?s ?Tattoo Nightmares? received the fewest viewers on the list at 770,000.
Money Talks is a reality show centered on Steve Stevens and his Las Vegas phone-room tout operation. The pilot introduced viewers to Stevens, his girlfriend, his bookkeeper and several salesmen at VIP Sports.
There were visits to strip clubs, sportsbooks and several scenes shot at the VIP office that featured Stevens and his salesmen berating clients over the phone. It had a ?Jersey Shore meets Vegas? feel to it, and judging by reaction on social media, the show was not well received.
The following tweet seemed to represent typical public sentiment:
Rob @rolub If they cut out shots of Steve Stevens lighting cigarettes, this could have aired in 15 minutes #MoneyTalks
10:58 PM - 10 Sep 2013
The show was announced last month and received significant criticism after WagerMinds revealed that Stevens is actually a convicted telemarketer named Darin Notaro.
By David Purdum on September 11, 2013 at 3:41 pm@DavidPurdum
The debut of CNBC?s sports betting show, ?Money Talks,? did not crack the top 100 on cable Tuesday, finishing behind such mainstays as ?Abby?s Ultimate Dance Competition? on Lifetime and ?Little Couple? on TCL, according to TV by the Numbers.
Spike TV?s ?Tattoo Nightmares? received the fewest viewers on the list at 770,000.
Money Talks is a reality show centered on Steve Stevens and his Las Vegas phone-room tout operation. The pilot introduced viewers to Stevens, his girlfriend, his bookkeeper and several salesmen at VIP Sports.
There were visits to strip clubs, sportsbooks and several scenes shot at the VIP office that featured Stevens and his salesmen berating clients over the phone. It had a ?Jersey Shore meets Vegas? feel to it, and judging by reaction on social media, the show was not well received.
The following tweet seemed to represent typical public sentiment:
Rob @rolub If they cut out shots of Steve Stevens lighting cigarettes, this could have aired in 15 minutes #MoneyTalks
10:58 PM - 10 Sep 2013
The show was announced last month and received significant criticism after WagerMinds revealed that Stevens is actually a convicted telemarketer named Darin Notaro.
Oh and then there is this..............
Notaro (Steve Stevens) has twice been arrested for telemarketing fraud and served a year in jail for his role in a 1999 scam that targeted the elderly.
What a solid dude..........:facepalm:
Notaro (Steve Stevens) has twice been arrested for telemarketing fraud and served a year in jail for his role in a 1999 scam that targeted the elderly.
What a solid dude..........:facepalm:
http://www.youtube.com/watch?feature=player_embedded&v=6PQMgLYHbuE
Ex-Cons Take to the Air on CNBC September 10th
Posted on August 30, 2013
Set to premiere September 10th, the first day after opening weekend of the 2013 NFL season, CNBC?s ?Money Talks? already has a bad reputation on the online gambling community for what many people call an ?outright scam? of a show. And you know if most in the gambling community think its a scam, then it?s really bad!
The show documents Steve Stevens, a tout, and his boiler room operation selling picks using agents to clients. Most of the previews feature high-pressure tactics followed by screaming 1″ from the speakerphone at prospective clients, telling them how badly they need Steve?s picks and how ?money? he is.
But apparently around Vegas, Steve Stevens isn?t known as ?money?, he?s known as ?nobody?. Todd Fuhrman, of DonBest.com and former oddsmaker at Caesar?s Palace, wrote: ?No one, and I mean no one, in the sports betting community I speak with daily knows who this guy is.?
Yet Stevens claims to be ?the Michael Jordan of [the gambling] business?. Clearly, something doesn?t add up. Either Stevens is the most popular and successful person in gambling, or he?s a nobody. It?s hard to find a middle ground.
According to Wagerminds, ?the Michael Jordan? of sports betting registered his website under the name Darin Notaro, who was arrested and convicted in telemarketing scams going back to 1999. Per the Las Vegas Sun, Notoro was sentenced to a year in jail for a scheme that ?bilked elderly citizens across the nation out of at least $234,000,?
While CNBC is ?aware of Steve Stevens? 1999 conviction?, they state ?we are very clear in the press release that VIP Sports clients risk big dollars in the hopes that Stevens and his agents have the expertise to consistently deliver winners, viewers should tune in on September 10th at 10pm ET/PT to draw their own conclusions about VIP Sports. We are merely betting that viewers will be interested in the world of touts and handicappers and in no way endorse either Stevens? picks or his business model.?
I spoke with one of the most respected and well known legendary sports bettors Las Vegas has ever seen, Bill ?Krackman? Krackomberger on the subject of CNBC airing this program on Steve Stevens:
Krackman said ?The minute I was alerted to this airing I knew he was a fraud and CNBC had been had. Shame on them for not doing any background work on this scum?. He added ?The second I saw this I laughed more than I cried when Obama was re-elected?.
Combining all the information, several interesting questions arise:
Of all the touts/handicappers out there selling picks, why would a major network choose to profile one who has:
Been convicted of telemarketing scams in the past, and
Just launched the website a few months ago?
When did CNBC learn about Stevens? criminal record? Before inking the show to a contract? Or were they duped by Stevens just like he duped the elderly citizens?
Why would you create a reality show using a headliner who is completely unknown and is not a ?celebrity? at all, when there are well known touts/handicappers out there who surely would bring a much larger and interested audience to the table?
The only thing I agree with CNBC on is the fact that viewers ARE interested in the ?world of touts and handicappers?. However, putting the spotlight on a tout who has both 1) a brand new website without longstanding track record for his website AND 2) who no one in the industry has heard of before is more than odd. If I?m CNBC and I?m doing a reality show that I want to gain viewers, I?m going to target a lead character who is well known and is actually somewhat successful, to show the struggles and how hard it is to win betting sports. There are MANY real life people who could fit into a show like this.
Filming a show based on a ?made for TV? character with a criminal background and a ?made for TV? business is both odd and concerning. With CNBC promoting (intentionally or not) this individual to viewers world wide, the potential exists to cost individuals millions of dollars if they purchase picks which lose. Not only that, it paints the picture that sports betting is a shady, sneaky, boiler room type of operation where big money comes in quickly and goes out just as fast in strip clubs.
So much more could be done for sports betting if an actual real bettor or tout/handicapper with sound bankroll management were profiled. It would show that you can really make a living betting on sports, but it is very hard and takes a lot of discipline. Because nothing is easy in this business. When you ask the real bettors, the Krackmans, the Billy Walters and other syndicates, they will tell its true (only the shady phonies will tell you its easy). The struggle to turn information into winning bets and the grind of getting the best number would paint a realistic picture of life for big bettors in Las Vegas, and the drama would create gripping television.
But CNBC and Stevens don?t want to tell that story. They would prefer to make one up. It seems they will likely paint a picture that betting is easy and can make people rich quickly if they follow the advice of a boiler-room style tout. Experience tells us that its unlikely that either is true.
Here is a video of Steve Stevens bragging, yelling, and creating hype (contains language not safe for work):
Ex-Cons Take to the Air on CNBC September 10th
Posted on August 30, 2013
Set to premiere September 10th, the first day after opening weekend of the 2013 NFL season, CNBC?s ?Money Talks? already has a bad reputation on the online gambling community for what many people call an ?outright scam? of a show. And you know if most in the gambling community think its a scam, then it?s really bad!
The show documents Steve Stevens, a tout, and his boiler room operation selling picks using agents to clients. Most of the previews feature high-pressure tactics followed by screaming 1″ from the speakerphone at prospective clients, telling them how badly they need Steve?s picks and how ?money? he is.
But apparently around Vegas, Steve Stevens isn?t known as ?money?, he?s known as ?nobody?. Todd Fuhrman, of DonBest.com and former oddsmaker at Caesar?s Palace, wrote: ?No one, and I mean no one, in the sports betting community I speak with daily knows who this guy is.?
Yet Stevens claims to be ?the Michael Jordan of [the gambling] business?. Clearly, something doesn?t add up. Either Stevens is the most popular and successful person in gambling, or he?s a nobody. It?s hard to find a middle ground.
According to Wagerminds, ?the Michael Jordan? of sports betting registered his website under the name Darin Notaro, who was arrested and convicted in telemarketing scams going back to 1999. Per the Las Vegas Sun, Notoro was sentenced to a year in jail for a scheme that ?bilked elderly citizens across the nation out of at least $234,000,?
While CNBC is ?aware of Steve Stevens? 1999 conviction?, they state ?we are very clear in the press release that VIP Sports clients risk big dollars in the hopes that Stevens and his agents have the expertise to consistently deliver winners, viewers should tune in on September 10th at 10pm ET/PT to draw their own conclusions about VIP Sports. We are merely betting that viewers will be interested in the world of touts and handicappers and in no way endorse either Stevens? picks or his business model.?
I spoke with one of the most respected and well known legendary sports bettors Las Vegas has ever seen, Bill ?Krackman? Krackomberger on the subject of CNBC airing this program on Steve Stevens:
Krackman said ?The minute I was alerted to this airing I knew he was a fraud and CNBC had been had. Shame on them for not doing any background work on this scum?. He added ?The second I saw this I laughed more than I cried when Obama was re-elected?.
Combining all the information, several interesting questions arise:
Of all the touts/handicappers out there selling picks, why would a major network choose to profile one who has:
Been convicted of telemarketing scams in the past, and
Just launched the website a few months ago?
When did CNBC learn about Stevens? criminal record? Before inking the show to a contract? Or were they duped by Stevens just like he duped the elderly citizens?
Why would you create a reality show using a headliner who is completely unknown and is not a ?celebrity? at all, when there are well known touts/handicappers out there who surely would bring a much larger and interested audience to the table?
The only thing I agree with CNBC on is the fact that viewers ARE interested in the ?world of touts and handicappers?. However, putting the spotlight on a tout who has both 1) a brand new website without longstanding track record for his website AND 2) who no one in the industry has heard of before is more than odd. If I?m CNBC and I?m doing a reality show that I want to gain viewers, I?m going to target a lead character who is well known and is actually somewhat successful, to show the struggles and how hard it is to win betting sports. There are MANY real life people who could fit into a show like this.
Filming a show based on a ?made for TV? character with a criminal background and a ?made for TV? business is both odd and concerning. With CNBC promoting (intentionally or not) this individual to viewers world wide, the potential exists to cost individuals millions of dollars if they purchase picks which lose. Not only that, it paints the picture that sports betting is a shady, sneaky, boiler room type of operation where big money comes in quickly and goes out just as fast in strip clubs.
So much more could be done for sports betting if an actual real bettor or tout/handicapper with sound bankroll management were profiled. It would show that you can really make a living betting on sports, but it is very hard and takes a lot of discipline. Because nothing is easy in this business. When you ask the real bettors, the Krackmans, the Billy Walters and other syndicates, they will tell its true (only the shady phonies will tell you its easy). The struggle to turn information into winning bets and the grind of getting the best number would paint a realistic picture of life for big bettors in Las Vegas, and the drama would create gripping television.
But CNBC and Stevens don?t want to tell that story. They would prefer to make one up. It seems they will likely paint a picture that betting is easy and can make people rich quickly if they follow the advice of a boiler-room style tout. Experience tells us that its unlikely that either is true.
Here is a video of Steve Stevens bragging, yelling, and creating hype (contains language not safe for work):