New book out on high-stakes sports betting

Terryray

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I'll get a copy at Gambler's Book Store when I get into Las Vegas.


Radio interview with author

some of the blurbs:



This book takes you into the world of sports betting, where real men bet million dollars on the outcome of a football game. The author got involved with this hidden world of sports betting when he interviewed of Rick "Big Daddy" Matthews for a magazine article. That interview turned into a venture that made him a rich man. It's the kind of life men dream of but don't really think exists. It does. The cast of characters is real; their names have been changed. 384 pages, hardbound, November 2006.


Description:
In The Smart Money, renowned gambling writer Michael Konik provides a riveting look inside the lucrative world of professional high-stakes sports betting, taking you behind the veil of secrecy shrouding the most successful sports betting operation in America. Bypassing the myths and rumors, Konik takes you all the way to its innermost sanctum. He reveals how they?and he?got rich by beating the Vegas and offshore lines. He details the excesses and the betrayals, the horse-trading and the paranoia, the perks and perils, of a lifestyle in which staking inordinate sums of money?sometimes as much as $1 million on a football game?on the outcome of a single event is a normal part of doing business. Penned by a journalist who lived a secret life as a key operative in the world?s most successful sports gambling ring, The Smart Money is destined to become a gambling classic.


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Michael Konik's "The Smart Money" Reveals Inner Sanctum of High-Stakes
Sports Betting

Originally scheduled to be released under the pseudonym "Anonymous," Michael
Konik's first-hand account of the secret world of the super-high-limit sports
betting world is being heralded as one of the best insider gambling stories ever
published.


How inside is it? "This is the story of the famous Billy Walters betting syndicate,
with all sorts of juicy and never-before disclosed information," says Anthony Curtis.
"Konik calls him 'Big Daddy' Matthews, but it's definitely Billy Walters."


MICHAEL KONIK ? he's an author, singer, and television personality whose new book is an expose on sports gambling called "THE SMART MONEY: How the World?s Best Sports Bettors Beat the Bookies Out of Millions." Michael takes readers inside this lucrative netherworld, chronicling his often surreal experiences as a high roller. He's changed names, identifying details and some chronologies so as not to compromise the continued success of members who remain? but his story is true!! As he details the operation, he makes public for the first time how professional sports bettors consistently beat the Vegas lines. And while bookmakers gross billions of dollars a year, they fear "the smart money" or those who manage to consistently win.

These powerful teams of bettors are somehow able to derive a more precise, more accurate, and more valuable point spread line than the odds makers. Then they deploy an army of anonymous operatives to place their bets. WhenMichael set out to snag a magazine profile of the most successful sports bettor in the world, he never dreamed he himself would be recruited into the ranks of the biggest gambling syndicate of them all called the "Brain Trust." But, taken under the wing of the legendary Rick "Big Daddy" Matthews, Konik (codenamed ?44?) was quickly immersed in the astonishing world of high stakes sports betting, where "a dime" means $1,000, and wagering $250,000 on a football game is all part of a day's work. As Konik tells it, gambling is America?s second-favorite indoor pastime, and betting on sports is an American obsession. An entertaining and astonishing unearthing about our intrigue with gambling on a grand scale, THE SMART MONEY provides an entirely new perspective on sports betting and a never-before-seen look inside what many would consider paradise.




The Smart Money
Michael Konik
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.

0-7432-7713-9, Simon & Schuster, $26.00, Hardcover
 

OAKAS

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I just ordered a copy last night from Amazon for 12.99. I read the reviews and it seems like a very good read.

Have fun in Vegas, Terry.
 

BleedDodgerBlue

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Just finished it as well. great read. billy walter is the guy they call big daddy. that's his real name.

funny how much he hates the realities of offshore wagering and how he deals with the crooks at 3rd rate shops.

it is true, i never would have pegged this konik guy for a sharp. had me totally fooled. i've seen him do his commentary while flipping through the channels on poker stars invitational or whatever that fox sports west show is. in a million years, i never would have guessed he was a sharpie.

anybody who liked this one should also read gambling wizards. another great book and walter talks a lot in that one.

it's great to see them wait for numbers and move them around in their favor and pounce on the good ones.

really a good read for anyone on this board.

any guess who the movie star was at the end? i'm sure i'm wrong, but i would guess tom cruise only because i know he's a football junkie. pretty sure i'm wrong though.

gl
 

yyz

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I just finished this book, and it's kind of a waste of time. It's so repetitive, it's ridiculous! It could have been about three chapters long, but I guess that wouldn't have sold, huh?

Save your money.
 

Keith 1

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I just finished this book, and it's kind of a waste of time. It's so repetitive, it's ridiculous! It could have been about three chapters long, but I guess that wouldn't have sold, huh?

Save your money.

man, I was just going to say the same thing. I bought it specifically because of the mention in this thread. All it is about is how he was at the beck and call of Big Daddy Matthews; how the various casinos didn't want to take his action; and how he got his cut of the winnings. 340 pages worth. I kept hoping for pictures of the kinky girlfriend, but no such luck.

I agree. Save your money.
 

yyz

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That's just it. It's all just one long winded diatribe about him sitting by the phone waiting for "Big Daddy's" phone calls, and how the books don't wanna pay winners.
 

Franky Wright

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Heaven, oh!!, this isn't it?!
Just finished it as well. great read. billy walter is the guy they call big daddy. that's his real name.
anybody who liked this one should also read gambling wizards. another great book and walter talks a lot in that one.
really a good read for anyone on this board.
gl

I just finished this book, and it's kind of a waste of time. It's so repetitive, it's ridiculous! It could have been about three chapters long, but I guess that wouldn't have sold, huh?Save your money.

man, I was just going to say the same thing. I bought it specifically because of the mention in this thread. All it is about is how he was at the beck and call of Big Daddy Matthews; how the various casinos didn't want to take his action; and how he got his cut of the winnings. 340 pages worth. I agree. Save your money.

:SIB :shrug: :com:
 

stwoody

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While Konik is a bit long winded in parts, I thought the book was pretty interesting........

Another good sports gambling book,

"The ODDS" "One Season, Three Gamblers, and the Death of Their Las Vegas"....C. Millman

The book does a good job of following some of the industries major players (oddsmakers) and discusses the history of sportsgambling in general...ie: History of Don Best, Advent of Offshore, Sharp money vs Square, Arrest of Jay Cohen and his legal troubles,etc. Also, discusses the corporate takeover of the old sportsbooks. Follows the life of a sports gambler........I think something many of us can relate to. It is pretty well researched. One of the polls he talks about was a survey conducted in 2000 polled Div 1 football and basketball official. "Of the 640 people who responded to the questionnare, 84.4% admitted they had gambled as an official, 40% had gambled on sports......and 22.9% had bet on the NCAA basketball tourn." "2% had used a bookie while 2 officials said they had been approached by someone about fixing a game"........"2 other officials said their awareness of the point spread resulted in "their officiating with a level of bias" and 12 officials said they knew of colleagues who had not called a game fairly because of gambling"......."3.4% of the college athletes polled, said they had bet on games in which they played, given inside information to bookies, or taken money to change a games outcome"

The book covers about every aspect of the sports gambling world.........including Walters and his computer group!

:SIB
 
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