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The Smart Money: How the World's Best Sports Bettors Beat the Bookies Out of Millions |  | Author: Michael Konik Publisher: Simon & Schuster Category: Book
List Price: $24.95 Buy New: $13.52 as of 9/10/2010 00:11 CDT details You Save: $11.43 (46%)
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Seller: ---greatbookdeals Rating: 68 reviews
Media: Paperback Pages: 384 Number Of Items: 1 Shipping Weight (lbs): 1.4 Dimensions (in): 9.2 x 6 x 1
ISBN: 0743277147 Dewey Decimal Number: 795 EAN: 9780743277143
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Product Description 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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Showing reviews 1-5 of 68
A real-life "Ocean's Eleven" May 18, 2007 David Rubin (San Francisco, Ca USA) 10 out of 10 found this review helpful
This book deserves an immediate place - alongside "The Eudaemonic Pie" and "Bringing Down the House" - in the pantheon of greatest "Geniuses beat Las Vegas" stories ever written. "The Smart Money" is a true, first-hand account of how one of the biggest, most successful, sports-betting syndicates in history beat the Las Vegas sportsbooks out of millions. It turns out that having a math and computer genius crunch every stat imaginable to find algorithms that successfully predict the outcome of sporting events is only half the battle. The other half is actually getting your bets down, in amounts that will make the biggest vegas sportsbooks cringe, and you and your partners wealthy beyond belief. That's where the author, Michael Konick, came in. Michael was hired by the syndicate to place large bets for them, using his professional status as a Hollywood-based, highly successful author and journalist as cover. At first it worked perfectly: with a little help from Michael's acting skills, sportsbooks managers initially thought they had hooked a "whale," a rich sucker with no clue, who would blow a fortune backing his hunches. But when Michael began consistently beating them for huge money they began viewing him with more suspicion, and the game got a lot tougher. Michael's account of his adventures cajoling and conning the Las Vegas sportsbooks into booking his syndicate's bets, while at the same time exploring some of the other pleasures "Sin City" has on offer, makes compelling reading. I highly recommend it.
A Gambling Rollercoaster Ride December 10, 2006 Deke Castleman 12 out of 13 found this review helpful
The Smart Money is a detailed, accurate, and surprisingly sensitive look deep within the arcane world -- complex, changeable, cutthroat -- of high-stakes sports betting.
The bookies are well aware of the vulnerability of the odds they offer on sporting events and they're hypersensitive to the big money, which can seriously hurt them. Thus, to try to exploit the weakness of those odds, the high rollers have to go to extraordinary lengths. Konik, in his initial capacity as an operative for a heavily financed sports-betting syndicate, and his later capacity as the head of his own syndicate, dives headfirst into this great cat-and-mouse game with guts, gusto, and a glibness so convincing that for four long years, he manages to bluff and outwit some of the most suspicious people on Earth.
The blow-by-blow of game after game is gripping and Konik's writing imparts all the sensations he experiences -- plumbing the depths of defeat and scaling the heights of triumph, along the way making a fortune, losing a girlfriend, being lied to, cheated, and stolen from, and scamming the scammers in return.
The ending, given who Konik portrays himself to be, isn't a surprise. But it does make The Smart Money not only enlightening and entertaining, but life-affirming as well. By the time you've finished reading this book -- and you should -- you'll see sports betting in a whole new light.
Get a piece of the action! August 6, 2007 dansam 8 out of 8 found this review helpful
Fantastic!
An exciting tale of the transformation of a humble author into a major "player" in the alien world of multi-million dollar sports betting. As the author's situations became more surreal and as the money grew to eye-popping amounts, I felt my pulse quicken and palms begin to sweat. I don't know how Michael Konik did it! Just READING about the pressure, money & fear made me dizzy & nauseous (in a good way)!
I strongly recommend this book to anyone interested in gambling, sports, probability or (let's face it) money! ;-)
The Smart Money by Michael Konik March 20, 2007 Robert T. Mcateer 7 out of 7 found this review helpful
The Smart Money book was a great read. Michael Konik bet on football and basketball games the way 99.99% of us can only dream about. If you want to get the inside story on how the Vegas sportsbooks and the off shore sportsbooks really work then this is a must read. You can feel the excitement of making 20K, 30K, 50K, or 100K bet on a game. You will be introduced to the brain trust. The brain trust is a group of guys who together won millions of dollars betting on sports. Michael worked for the big brain man himself. If you are a smart reader you will learn bits of information that will help you to make better sports bets. As you are reading this book you will feel like you are a very high roller and you are a part of the bright lights that makes Vegas the most exciting city in the world. Aftert reading this book you will want to be "Just Like Michael"
Enjoy your read,
Bob Mc
FANTASTIC Read - From someone once on the inside!! March 22, 2007 BookieGal (USA) 7 out of 7 found this review helpful
I saw this book on the new release table at Barnes and Noble, and snatched it up immediately. I once worked in the exciting and shady world of offshore sports betting and new many of the characters in Mr. Konik's book. It was absolutely fascinating to hear the story from his side of the table....I can honestly say that all the offshores spent a lot of time fretting about Mr. Matthews and his clan. Mr. Konik's experience isn't exaggerated at all - it is a true-to-life, accurate depiction of that world and its dangers and allure. A true must read!!
Showing reviews 1-5 of 68
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