How To Make Millions Betting On Sports | Joe Rogan & Billy Walters

so you would send people to the airport they would find these local papers and you would scour these papers and go through these articles and what's specifically looking for hard hits injury how someone's doing exceptional plays someone who's really coming up what would you be looking for well you're looking for injuries and and and you're looking for game plans and uh you know as an example if a Coach says look you know we're going to you know we're going to slow this thing down we're going to start running a ball first thing the total is not going to be as much if he starts slow his thing down he starts running the ball they're not going to get as many plays and and there's probably pretty high possibility that the total is is going to come down some on this game uh they talk about players they talk about injuries you know especially the quarterback you know if you're talking about the quarterback and you got a quarterback who's playing injured I mean how that's going to affect his performance is is really important and they're always kind of plain injured always playing injured is as you talked about in the book I wrote you know there's 1,400 players in the NFL there's about 600 of them that have a value and we have a value assigned each and every one of those individual players but as you as you're as you've noted a lot of them almost every one of them are playing with some type of an injury once the season begins okay then okay who's playing uh again we listen and we follow Dr David Chow quite a bit and uh we think he does an excellent job uh he's on serious on the NFL Network and he talks about the key players on a weekly basis and uh and from an injury perspective how how he feels like that's going to uh affect their performance there there are many more players that Dr Chow doesn't cover that we cover that are playing injured and again we do a lot of reading we got 140 beat Riders we cover I have a guy on my team he's a qualitative guy he's not a computer guy right he probably knows more about the NFL as far as a qualitative guys concerned I believe that any man alive okay what do you mean by that a qualitative guy well okay the 1400 players he knows who they are okay he knows uh he he knows their positions he knows what the value those players are as far as we're concerned he knows how to adjust their value based upon their injury and and after we get the medical information we'll figure out how we feel like their their performan is going to be Ed against that particular opponent that week and then we if if a if a player's worth a point and a half we we may downgrade him he's only worth 3/ qu of point or he may be worth a point if a guy's out okay well we got a backup we know the value of the guy's out what's a backup worth okay backup could be worth zero he could be worth you know half a point and he's replacing a guy that's a point and a half guy so we have to downgrade the pity and buy a point that week and the other thing with this qualitative guy he watches every NFL game he grades every play okay how many times have you watched the football game and you'll see the score was it wasn't indicative of at all of what the score should have been so let's say you know receiver's going down the field and uh and he do have anybody within 20 yards of him and he gets thrown a perfect pass he just drops it okay well he was unlucky he he should have had that pass on the other hand let's say he's going down the field and uh we had a pass like that in the playoffs when San Francisco was playing Detroit uh they threw a ball and it it hadit a helmet Rec rochade and ended up in a in a in a real long completion and a touchdown well that was lucky okay so when we look at the box score we look at the yardage we take that off okay you know there's there's plays that happen uh in the NFL when you look when you look at box scores as far as we're concerned they're misleading okay when you look at the total amount of yards you everybody kind of looks at the same thing you know you look at the time possession so you have to go over each individual play and deduct all the lucky yeah and and then and then we have player participation we know who played in every play so God you got to keep up on all this so so to give you an example Joe Pittsburgh okay TJ wats out okay he isn't playing well if you look at Pittsburgh's performers with him in the lineup and him out of the lineup it's unbelievable that one guy could could uh had that much effect on on a team so if you're looking at if you're looking at offensive performance against Pittsburgh with TJ wat out you know you're not looking you know you're not looking at what Pittsburgh's defense really is so you got to make an adjustment when you look at that and you got to put that into your priority when I wrote the book it took me six months to do this one section we wrote what we call the master class okay and I wrote what we call betting strategy I wrote that for the 999 t% of the people who bet Sports who and and we got a lot of new sports betters today that have no chance I wrote that for them okay and I put the basics in there I put basic I put basic betting strategy in there which that's probably is important to them or more important than handicapping is I put I put all the charts in there that tells them exactly what each half point is worth I put charts in there that tells them exactly how a money line compares to a point spread fly on the games two here's here's a money line equivalent if you can get a better deal take it if you can't take the other okay I put stuff in there basic stuff because none of that stuff is out there now guys don't have any idea if they're buying a half a point what the fair price is to pay and all these all these points they have a different value as an example if you're buying a game on or off of three say from 2 and 1/2 to three in the NFL or 3 and 1/2 to three that's worth 22 additional sents it's not worth 23 but it's worth 22 if you can do it for 20 buy it 21 buy it if it's a if you feel like it's going to be a low-scoring game and you can buy for 22 or you might whatever buy it but if it's 23 you're better off taking a two and a half but people don't know that joil okay what's the value of two well the value of two is much less than it is three the value of two is only worth six cents where 3 is worth 23 the different numbers have different values so put those charts in there for the guy that I pointed out too I also put another section in there it's uh we'll call it kind of the uh Advanced section and that section uh I I tried to write in such a manner to where I felt like you know people could understand it and that's that's the guy who or or or the lady who wants to become a serious handicapper and and I and I explained in there exactly 100% Joe exactly how I do everything okay this book was written at the end of the NFL season not this year but last year it came out in August everything that I know about sports betting and handicapping is in that book I would not have sold that information 10 years ago for 20 million dollar and I never had any intention of ever writing this book and putting that in there but I'm 77 it's my legacy I see all these new people out are betting Sports and they're doing it in States now where it's legal uh I'm proud of that I'm I'm glad that Sports has has come around to that but also I still have uh there's a lot of things I'm apprehensive about also but anyway so I I wrote this that was one of the reasons I wrote the book but in those two sections if you want to be belly Walters and you want to be a handicapper and I don't care what sport it is uh I use the NFL as a model but this model is the same model that for every sport whether it be you're betting on golf or you're betting on the NASCAR you're betting on soccer or base ball it's the same principle that's the way they all work so I put that in there and then for people who are betting any type of sport but especially the NFL uh or college football I but the NFL I put all those charts in there to explain to people because right now I don't care what site you go up on Joe a lot of these new places the reason they're making the money they're making is if you were to PLL Sports betters out there today everyone thinks making a bet on a on a sporting event you're laying 11 to 10 that's the premise that we've all been taught that you're laying 11 to win 10 a lot of these bets today and matter of fact almost all well not a lot of them all of them these we'll call them uh you know the teasers the parlays uh those bets some of those bets a guy's land a $150 and he doesn't even know it because there's no requirement to disclose the odd your land so they're not going to tell you but like these in-game parlays and you're doing these three and4 parlays and you're doing these teasers a lot of these places are charging you a $150 to a dollar you got no chance of winning you got zero chance of winning I couldn't win I wouldn't even think about playing them but the average person who's playing them they don't know that so because right now there's there's no requirement to disclose that to to the customer and uh we all want to about a small amount of money want a large amount of money right Joe yeah okay well you got a lot of people out there they're they're making these bets and they're laying a140 $150 and they don't know it when you look at these publicly traded companies you know it's out right out there in the public you know when they report their earnings they're you know they're they're doing very well but they all refer to these parlays and teasers that's where they're making the majority of their money they're they're not making a majority of their money on Street bets where people are 11 to 10 they're making on these proposition bets well what I'm getting from you is that to be be a successful Sports Gambler requires an insane amount of dedication and research and understanding and that you you've got to be on it all the time and most people are just not that sophisticated when it comes to these things if they're betting using an app or something like that betting online they're just doing it for fun they think they could win they got a feeling they want to bet their team they want to make the game more exciting and so those people are basically like very under they're very under research they're very they don't have like the full grasp of understanding of the complexities of sports gambling CU it's a lot more complex than I ever thought

Channel: University Of JRE

Views: 192,479

Keywords: JRE, Clips, Podcast, The Joe Rogan Experience

Id: EaLGC6FZK08

Length: 10min 52sec (652 seconds)

Published: Fri Feb 23 2024