The sports betting community is up in arms about a new show coming out on the CNBC channel called “Money Talks”. The star of the show is a man that the network claims is a “well known handicapper with a winning percentage of 71.5%”. Many in the sports gambling world are calling him nothing more than a fraud.
Fraud Or Real?
Those who gamble often in Vegas and elsewhere are saying that they have never heard of the star of this show, a man by the name of Steve Stevens. They are also saying that his claim of a winning percentage that exceeds 70% is something that is considered to be impossible. Even the best handicappers in the world are lucky if they break 60%. Others are knowing a report from the WagerMinds website that says that his name is not even Steve Stevens. They are calling him an outright fraud.
Who Is This Man?
Steve Stevens is actually believed to be a man by the name of Darin Notaro who has bee arrested on multiple occasions for telemarketing fraud. It would appear possible that this man has now duped the CNBC network as well into giving him a show chalk full of more of his lies and false claims.
Experts in the sports gambling world and websites that promote gambling on sports are all saying that they have never heard of this individual, and that would be impossible if he really had a 70+% winning record. Anyone with that kind of a win streak would instantly gain fame in the sports betting world for their abilities. It is as simple as that. Statistically speaking, the best sports bettors in the world are winning 57% of their bets on a regular basis. Every now and then one may have a year where they crack just past 60%, but that is truly the limit.
What Is CNBC Saying?
The popular financial network for its part is trying to stay out of the fray and distance itself in some ways. Perhaps realizing the mistake that they have made a little late, CNBC is saying that they in no way endorse Stevens business model or his picks. They are leaving it up to the viewers to draw their own conclusions so they say. What viewers will think about a show that has an alleged fraudster on it is hard to say.