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A
Oh, you can. Perfect. Perfect.
B
Perfect.
A
Perfect. What's up, guys? Welcome back to the Dope As Usual podcast. My name is Thomas Dope as yolo, whatever you want to call me. This is my co host, Mario Neal.
C
What's up, guys?
A
What's up, guys? Today we have a very special guest. The first time we've ever talked about anything like this or even dove into it or. Most of you have never even know this world exists. So I didn't till recently until I met some certain people and this world does exist. And we have someone here that's going to explain their life story and tell us, give us a little insight into this world of. I mean, I guess you just, let's flat out call it just gambling, right? All right, guys, please introduce our guest today, Matthew Boyer.
B
Welcome, brother. Thanks. Thank you, guys.
A
Thanks for being here.
B
Appreciate it, both of you.
A
And no, he's not someone's baseball coach. This is not a sports. You look like an athlete that just retired. I just, first thing I talked to when you went to bath, like an athlete, dude, it could be wwe.
C
But then we realized, like, oh, you really got to be an expert to do what he does. Do what he did. Like, you gotta really know sports.
A
Think about it like that.
B
But yeah, you know, the more what's ironic about being a bookmaker is the more you know about sports. Sports or gambling in general. Forget the bookmaker part. I think the worse you are at gambling.
A
Why?
B
Yeah, because most of the professionals that make money gambling are nerds from MIT that don't even watch sports and truly are. It's all robotic. It's AI driven. Those are the customers that I was cutting off, not the guy that you think, you know. I mean, the better of an athlete you are, the more you think you know about sports, which you do. But picking the games and the spreads etc, have nothing to do with how much you know about playing football or baseball.
A
Oh, you have everything.
C
Oh, I know.
A
See, that's why we lose everything.
B
Well, the, the problem is, is like when you're gambling on sports in general. Yeah. You know how the game is played and you know the players and you know how they're good and all that. But the reality is to beat sports gambling, which is like less than 1%. It's really driven by knowing whether referees, umpires, the stats that are way beyond watching the game. Oh, yeah. So the edges that you find that professionals find, I should say, are not watching. Oh, this quarterback is amazing. And he throws. You know, everyone knows that who watches the sport. So it's the finite things that people don't realize. And nobody knows that until you get in the trenches. And when you're taking bets as a bookmaker, you. You're cutting off these professionals and getting rid of them, of course, just like casinos do, because they're going to beat you. And they're using robots and AI programs and algorithms that you would. They simulate a game a thousand to ten thousand ways and it breaks it down and spits out a spread to them. So like if The Seahawks are minus 4, then the computer system says, you know, they should only be minus one. So they know they have a three point edge. So that's a huge edge. And when you're gambling, that's all you're really. If you're going to beat it, that's what you're looking for is edges.
A
So your favorite team does not matter is what you're saying. No, your favorite player does not even. Is irrelevant.
B
It really is. I mean, the thing that they find are, is the tackle out because of an injury. And of course everybody could find that stuff like in general, but no one deep dives that deep when you're gambling. Most gamblers, they turn on a TV and they're like, oh, you know, Josh Allen, he's the best quarterback in the NFL. Buffalo Bills are amazing. I'm going to bet on them.
C
Thank you.
B
That's, that's.
C
Yes, that's what that is what they say.
B
Yeah. But the reality is, is his right tackle out, is his running back hurt with a, you know, some sort of torn Achilles that you don't even know because you don't focus on those players. Right. And the offensive line or things like that are actually imperative to why Josh Allen is so amazing. Right, Exactly. So all of a sudden he's getting sacked four or five times in the game where he normally wouldn't be because his right tackle cert. But you're not thinking that. You're just, oh, Josh Allen's having a shitty game. I bet, I bet on him and I lost. Well, there's reasons he had a shitty game, but it's the in depth analysis that people. The average Bear is not doing.
C
How long has AI been involved at the highest level of this?
B
Well, it's obviously, you guys know this in the last few years it's really stepped up, but I would say maybe for the last 10, 15 years it's.
A
Oh God, it's been around that long.
B
Yeah, because. Well, let me take it a step further. It's not even just AI, it's Actually, computers, that meaning that maybe they're not using AI 10, 15 years ago, but they're using computer systems that are still simulating a game. Whereas AI has really stepped up in the last three years, but prior to that, again, most people aren't getting on computers and simulating a game 100,000 different ways.
A
Yeah.
B
And you know, for example, and especially in like NBA games, the computer will simulate a game on these five players and even their backups, and they'll run it 100,000 different ways. So it spits out like over, under. As a great example, let's say it's 218points on the Pacers and Lakers, but the over under is 208. So now you have like a 10 point spread, which is huge.
A
That's where I always get confused, the spread thing. Yeah, keep going. This is why this is where we.
C
Usually start to get lost.
B
Okay. That's okay. Hey, there's a lot of worlds I'm not familiar with. Right. So. So210, or excuse me, 208 as a spread. And this example 218 is what the computers are running the game down. So it should score 218points between both these teams based on the players, based Whatever. That 10 point spread is. Such a big edge because now if you bet the over 208 and, and the computer is telling you 100,000 different ways, it's going to score 218 points. It may land at 212, but that wins. It's over 208 points. Right. Because you're betting over.
A
Oh, that's what the over under means.
B
Yeah.
A
I watched so many mafia movies go, what are they talking about? I never knew what that meant.
B
All right. Yeah. So over under, like a baseball game. Dodgers play Reds or something and it might be nine, nine, nine runs. So obviously both teams have to score nine to push. Anything under nine is under. That would win. Anything over nine runs would be a victory.
A
Sounds so simple.
B
Right.
A
So before I want. There's a lot to unpack here.
B
Sure.
A
Before we get into everything that's currently going on, say it's eight years ago and someone asks you, what do you do? When I hear the word bookmaker and bookie, I think of illegal gambling.
B
Right, right.
A
So no matter what you're taking, you were your bookmaker doing illegal gambling, but you can like do your taxes off of that. Because I watched and read a lot. I just don't understand how that's where, how does that work? You, the government knows, like you made a lot of money Doing some illegal. But we're gonna leave you alone.
B
How? Well, I don't know if you're aware, if you sell cocaine and you actually, you're a coke dealer and you make whatever, a million dollars. Let's just say, for example, and on your IRS tax return, you put drug dealer and you pay taxes on it. You are following the rules of the irs.
A
Stop.
B
Yeah, they, the IRS entity is. Their job is not to come after you for anything else but your taxes and paying taxes.
A
We can't think, oh, hey, cops, he put drug dealer, go get him.
B
They can. Okay, okay, they can and maybe they will. But the reality is you will not be charged by the IRS for tax problems because you did what they deemed necessary and correct.
A
That's what takes people down, is the tax.
B
It truly is. In my case, it's one of the things that took me down. Right. I got a five year charge, a maximum of five years for falsified tax return in 2022. And to explain that to people, I paid 600 and I think it was $683,000 to the IRS that year in 2022. So I sent them a lot of money, but I made by their numbers, $4.8 million that year. And what I filed as, as a professional gambler because I was gambling professionally. Of course, I was a bookmaker. I didn't put illegal bookmaker because I didn't want to have the red flag of that. But I was trying to be honest and say, look, I do make a living gambling. A form of gambling. That being said, my tax return was wrong because the $4 million plus I lost in the casinos and offsetting some of my business, they didn't allow me to offset that against my gambling business as an expense.
A
Yes.
B
So because I was running a legal business, so that's why I got charged. Oh, yes.
A
You're trying to play by the book. And got.
B
Yeah. So the world as you guys know this, how this works. When someone gets in trouble, it's all sensationalized and they all think I just didn't pay any taxes. And truth, I didn't pay the right amount. Obviously, I'm not sitting here saying I did. I mean, I definitely lived a great lifestyle and underpaid and. And that's what I'm going to prison for. One of the things. But the reality is I was paying, I paid millions of dollars in taxes and, you know, I had to justify my lifestyle. I own properties, kids go to private schools. I was driving Rolls Royces. I'm doing all these Things I didn't think, oh, I'm not going to send a dollar to the irs. I mean, I'm not. I'm not stupid. Yeah.
A
You know, I didn't even think that was fathomable. Like, yo, I do illegal things. I don't make any money to the irs. That's what I figured. Everyone does.
B
I didn't know that was 99, though. But the smarter criminals are going to actually pay taxes and avoid. If they ever get in trouble, their. Their charges are going to be much less, you know, because you're like, I'm.
C
A pro gambler, basically.
B
Correct, Correct. That's exactly what I filed as.
C
Did you have like a DBA or S Corp or something?
B
Yeah, I had all of that. 100%. Yeah.
C
So this is over, like, deductions and basically.
B
Yeah, yeah. I mean. Oh, well, not entirely.
C
Yeah.
B
Like, so three years of charge for illegal bookmaking, which is my lowest charge. Let's be honest.
A
That's the lowest charge.
B
That's my lowest charge.
A
They really just want that money.
B
It's, it's, it's. It's about cheese and cheddar. There's no question. I got 10 years for money laundering, and that's my max charge. 10 years for money laundering. And the reason for that is another thing that I could explain. I got debanked. For those of the people that watch the show, they're in the weed business. They know this better than anyone. You can't walk into bank of America and deposit 300,000 in cash without 8 million questions and a financial colonoscopy. Right? So I have been through every single bank in the country. US bank, bank of America, Chase, Wells Fargo. I've been throwing out all of these banks. Right. And in that process, I just had to go open a new one. Open a new one. Well, when you're debanked, you have no choice to receive funds and pay your bills and pay taxes. You need somebody to receive the money. So I had to start moving it throughout the country, you know, through different people. And that's money laundering, you know, because you're basically they. Even though I'm not washing it per se. Like, it looks as if you're defrauding or hiding or moving money illegally and, you know, to receive funds and not pay taxes on it. That's not really the case in my business. I mean, I, I'm guilty of money laundering. I'm not trying to play victim here. I'm just saying that I was kind of forced into it by doing illegal activities. So I Want to be clear that the banks wouldn't allow me to bank with them, so I had no choice.
A
Okay. Because I want to ask. I need to tiptoe this.
B
Yeah.
A
I have a weed business. Right. And they bank us all the time.
B
Yeah. You know this.
A
All right. I mean, they. It's. It's my name. They always go, who's this topic Black. They black list my name and kick us off every bank. I have four, three partners.
B
Yeah. Once you're flagged.
A
So I flagged.
B
You're flagged. So you're like me. You got no shot.
A
But it's a legal business. This is like a.
B
Stated as federal.
A
It's thca. It's a. It's a alternative state. We ship to all 50 states. We do every. All my other partners are fine. It's just my name keeps getting messed with. So they started having to write me check, get a new this, get a wire. But I never moved it to another person's name or anything.
B
Right.
A
So I'm fine.
B
Right.
A
So when you said that's money laundering.
B
Like, oh, you start panicking. Is there heartbeat a little bit more.
A
I just didn't realize, like, did I just do something illegal? No, it's in my name still. I still pay taxes on it.
B
Yeah, just make sure you pay taxes always. And make sure that you source everything so that you can prove that you pay taxes. And I mean, at the end of the day, the government just wants their. Their cut. And I understand that. So as long as you're paying your taxes, I mean, you're going to avoid.
C
It's very confusing. Nobody teaches you this. You get into it entrepreneur, and then you end up. You make some money, you think you did the right thing, then you end up deep in the hole that you got to dig out of.
A
Oh, that's where me and Marty were season one. We made money on the show and goes taxed.
B
Cool.
A
You get taxed in the money you got taxed on from the show that you already been taxed.
C
We had no idea. You got to set up an escort, make yourself an employee, do all distributions.
A
Elective at school. I would have took that elective 100.
C
It have been great to know.
B
You definitely need to be your own CPA at times or hire the right person. Right. Yeah. I mean, that's. That's really ultimately what I've learned in life is like, I'm definitely not the smartest man in the room, but I need to hire the smartest man in the room. And everything I do because, you know, I Can't be a jack of every trade. I just don't have the capacity to do it. So I'll. I'll do what I'm good at, and I'll hire the people that are good at what I need them to be good at. And that's been successful for me, you know, for 50 years of my life. But that's imperative in every business you do. Right. I mean, I don't care whether you know the business or not. You guys know your business, but you don't know your tax. You know, I mean, it's impossible to know all that.
A
We try to do it ourselves for a while and realize you need a team and delegation. You. It's part of life. Yeah, we can't do it all. And we realize that. And that's where people me, that's why I start struggling, trying to do it all and realizing that, yeah, I'm not the superhuman.
C
But that's what I love about your story is like, I'm scaling this like a Fortune 500. Like, we had Freeway Rick in here, and he was very similar. Like, sure. Operating outside of the law. But I'm treating this like a Fortune 500 company.
B
Absolutely.
C
But it seems like you just had that sense to know how to do that. Like you.
A
Yeah.
B
I view my business and what I was doing. I was a CEO of a major corporation. Just because it's illegal doesn't mean it's any different. I mean, I worked legally. I was a commodity trader for 11 years. I was the number one retail broker in the world. And I ran firms, we sold our company. I've done many things legally. I own a jujitsu studio now. I used to own a boat dealership, which failed drastically. So I've had ups and downs as well, but in business. But you always learn from wins and losses. Probably more from losses. Right. But at the end of the day, I was a CEO of an operation. And it became the biggest in the country. And I just scaled it and fine tuned it and made it bigger and better. And of course, it led me to where I am today, which. That's the problem. You're doing something illegal. The bigger you get, the more eyes you have. And of course, you started getting, as I did, celebrities, athletes, tycoons. In business, you're gonna have more eyes on you, even on top of that, you know? Yeah.
A
People talk about people, especially someone, you know, who just made me a million dollars. Yeah, your name's gonna spread like ins. I would. I would tell everybody I know about you.
B
Yeah, for sure. Well and the other thing is like I wasn't hiding it. I was on a private jet almost every two weeks with my friends and family going to Vegas, gambling at the highest levels, which I mean you see the Rolling Stones magazine, that's the other.
C
Side of the story. That's a whole.
A
Yeah, that's. Yeah, we're going to get into that for sure.
B
Yeah.
A
But with also you can find all this in, in, in Matt's book. Recalibrate.
B
Yep.
A
On Amazon. They were a day late. I supposed to be here yesterday. It says coming here today at 3.
B
I got one for you.
A
Oh well then I got a book for you because I already, I already got one.
B
Okay.
A
So in your book this is like the tell all but I just want to start off with the base like the foundation. I watched a little bit of what you were saying in an interview. You sound like me and this guy growing up. I don't want to ask anybody for a dollar. I will start a business. I you saw him dime bags and this I'm same sales trading cards up in cards, pogs, jacks, anything I can do. I'll trade you for that. I'll trade you for that. And at the end of the day like, cool, I'll sell you this. I made $5 a day and then I just pick up cans, collect cans, collect coins. Anything I could possibly do.
B
Sure.
A
I was a baseball card and a football card fanatic. So like I'm not going to ask anybody to buy me anything. I'm going to go get it and I trade up the card and get this card and trade that. So like when I heard your story, I'm like, wow, this is great. You got the paper out. You're do anything you could do to be self sufficient, especially at a kid like that. You're already an adult in your head.
B
Right.
A
So once you can draw, I, I can sell weed. Oh, I could sell this. I can get a job and sell weed.
B
Right.
A
Like I'm working and getting paid to work while I'm at. Oh, it's, it's a video game to me. That's what we always say. It's the video game. And how many Sonic rings can I get today and collect and just. I don't know. It's not a greed thing. It's like how good can I do?
B
Of course you challenge yourself.
A
Yeah, it's a challenge more than is like I don't care about 100 bucks.
B
Sure.
A
But cool that I have 100 bucks. Yeah, yeah.
B
My wife and I had this discussion last Night. Actually, it's funny. Your analogy is so correct. I've never. All the things I've done haven't really been about the money. I mean, I love money. That's cool, you know, I love it. I love nice cars and nice watches and big homes and private jets. I'm not saying I don't, but I didn't do it specifically for that. I did it to be, you know, prove to myself that I can do things that others can't. I'm not a sheep. I'll never be a sheep. I'll always be my own guy. I always believe in myself, no matter where I'm at in life. Even right now, I'm going to prison in, what, 26 days? You know?
A
That soon?
B
Yeah. October 10th, you know, so I'll be reporting to prison. I'll be driving with my family and being dropped off of the walls. And, you know, that's going to be a tough moment, but it doesn't break me. I mean, all I'm going to do is come out bigger and stronger. I'm 50, and I'm technically losing everything I've ever made. I've probably made $60 million in my lifetime. I don't know, lost 13 million in a casino alone. But that doesn't define me, you know? I mean, it's one bad chapter. It's. It's. But that chapter will be the. The reason I become even bigger and stronger. Legally, I have no choice. I'm not going to do anything illegal. I can't put my family through this again. But I can teach my children. I could teach the world what I'm capable of. The rise, the fall. And now the rise. And the rise. This time will be bigger because I, like you, have come from nothing. I was. Baseball cards, selling weed. I mean, I've done everything. I've never even done drugs. I don't even tried cocaine in my whole life.
A
Good.
B
Never. Because I have. I'm sure it is.
A
That's incredible.
B
You have. Oh, I thought you meant it's incredible.
A
No, no, no, don't.
B
It sucks because I've heard doing a little cocaine could be incredible. I'm not gonna lie. But it can lead to a lot of problems, right? Because of my. My family has that gene of addiction, and clearly I have a gambling addiction. I've stayed away from that because I know if I did some cocaine or whatever, heroin, I'm the guy that would do all of it. You know, there's no, oh, let's just try something. I don't have that Balance in my life, it's freaking pedal all in. Let's go. And that's me. So I avoid those things. Gambling got a hold of me though, and I love gambling and I've always loved sports. So it was a really deadly combo, you know, and. And if you have a passion for something and you can make money doing it, it's dangerous and it's easy to hide.
C
Like you're saying.
A
Very much so that was the best thing. Addiction. I've never heard that. And ever, ever. My dad's. I've never heard that. It's the only addiction that you can't tell someone has.
B
Yeah.
A
Oh, that hurt my. Hurt my heart. Kind of like, damn, how many people walking around like that?
B
Oh, you have no idea.
A
I have a friend, he's 24, kid. I watched him lose 110K in a night.
B
Yeah.
A
He'S.
B
No, no, that's a lot of money for.
A
It was fake. He's like, it's not even real. I won it today, so I don't care. I'm like, that's a house, dude. It's down payment baller house.
B
Right?
A
It's disgusting.
C
But then some of the rappers, we come through here just cash with like scrolling through their.
A
Like we had a rapper sitting down going, can we stop?
B
Because he had actually placing bets and.
A
He'S calling his mom, place this bet. Place this bet. Yeah, like, dude, you just spent $4,000 on some random ass sport. So what's this sport? Like one Never heard of that sport. He's one of those, you know, like, I've met those guys. I'm sure you know those guys. You are that guy 100%.
B
You know what I mean? No doubt. Like, I, I was. I'll tell you, every year there's a, a time in the year where all sports are shut down. Like there's. There's no baseball games. Whatever's going on is WNBA is the only thing playing. And I, as one of those guys, bet on the WNBA game. I don't watch it. I don't even know. Maybe four players don't care. And I'm betting on it because there's nothing else to gamble, you know, that's when you know you have an addiction, right? That's me. I own that.
C
That's the alcoholic with the hand sanitizer bottle.
B
Yeah, it is. But if you know it and you own it, then you could overcome it. And you know, for me, I can't gamble at all now. It's in the courts. I literally will be enhanced in My. I'll be put right into prison. I'll be locked up immediately.
A
Wait, you're not allowed. What do you mean? You're not allowed to gamble at a casino or online, anywhere.
B
I'm banned and barred from every casino in the country. I can't be. I can't walk into a race racetrack. I can't walk into any casino for bookmaking.
C
Even after you do your sentence for two years?
B
After my probation. Once my probation is up, then I'll be allowed to, you know, legally do anything.
A
How can they ban you from an extracurricular activity?
B
Because of my crime and what I've.
A
Committed, which is bookmaker professional at that. Okay, that makes sense. It's like walking your jewelry store and you did a heist 30 years ago. Yeah, like, you're not allowed in any jewelry store.
C
He was getting banned from the casinos also, just because he was beating them. So.
A
So that's another thing you said. Oh, I cut those guys off. They're. They're destined to win, right? Casino. I've heard my friend got cut off once. But this is a question I have. When it comes to. My friends could gamble. They do a lot of stuff. I've. It's a lot of money to me. But I see them get comp for a week, a boat ride, that. This. That. Do whatever you want. Do a helicopter ride. I've watched this thing on a documentary recently about a man that lost, like, over $200 million in Vegas. The things that they comp people are beyond my, like, comprehension of things. So we, like Marty said, we've heard you, like, oh, we'll give you this. We'll give you that.
B
Right?
A
They kicked you out because you're like, I only want 8,000. But we gave you 2 million in comps.
B
Correct?
A
What equals $2 million in comp? Like, what could they give you besides $2 million?
B
Well, that exact story that you're referring to is, MGM Grand Corp cut me off, right? The $2 million of comps is over a long period of time. So I want to be clear. It's not like it's one or two trips, but $2 million in comps. The way I was going and the way I was gambling and more importantly, in the amount of times I was going to. Is easy. And I'll tell you why. I'm gonna give you a breakdown of a scenario. Right before I got raided that weekend, we went to Las Vegas. So there's about 14 of us on a plane. So I call up and I negotiate a trip. Well, through My wife, I got her licensed as a host. As my host. I'm the only gambler that's ever done this. So she, she know. Host was my wife.
A
So.
B
So she was getting paid.
C
Oh.
B
For every trip that I go on, win or lose. And all of my customers or friends that were gambling, she was getting paid on that, and she was handling them as customers.
A
Oh, so when you lose, she wins still.
B
Yes. Wow. Yeah. She made $700,000. 20, 23. Because of, off of my, my group of customers.
A
It's like having bonus points, like it's back on your credit card.
B
It's a salary there. It's another discount of my action. To be honest. That's the way I looked at it.
A
It's not illegal. It's playing the game.
B
It is. And, and I did it. No one else has ever done this ever. Like, not one customer has ever had their, their family member be their host. And I, I thought about it and I was like, man, I'm tired of blowing money in Vegas. Or where? Everywhere, really. How do I monetize this even further? Because I milked the comp system, which we're going to get into in a second, every which way possible. I've squeezed a lemon. This is your question about comps. I'm going to explain it. There was no more way I could get any more comps. So I said, you know, what if I get my wife licensed, which is very hard to do, by the way. State has to, you know, approve them, and then a casino has to refer them. There's a lot of, you know, nuances, and they got to fill out all this stuff and get fingerprinted. I mean, it's a big deal. If I can do that every time I go to Vegas, she's going to make 30 grand because that's, that's what the comp system was. Or her, her comp system based on how much I play. Because I'm bringing two million or a million every trip, every two weeks in cash. Cash or wire. Yeah, yeah. I mean, I was firing 300, 000 a hand.
A
Do you have a security guards with you at least?
B
No, no.
A
I mean, I mean, I wouldn't expect you to have 300k and girl, I'm like, this, this guy's here for an event, you know, I mean, some athlete guy or coach. I wouldn't expect you to be like, Yeah, I have 3 million here. Well, I wouldn't expect that.
B
Vegas is so smart about security cameras, protection. It's the safest place in the world. I Think, I mean, happens in casinos, too. I mean, there's been people pull out a gun or whatever.
A
Yeah.
B
But in general, if you think about how much money is transacted and what's going on your chain there, yeah, it's pretty, pretty safe. But especially the higher end casinos. So when I would fly in, I would call. I'm going to give you an example. We'd be chilling here and I'd say, hey, you got, you know, I got excited. We're talking about gambling. I just text my wife and say, get the plane, let's go. So she would send an email and then within two hours, they'd have a plane on the private tarmac. So we would just go to the private. You know, we don't. There's no security, obviously. You walk on. I bring my whole entourage and we bring my nanny, my son, whatever we want, jump on a plane, and then 40 minutes later, it's a G650 private jet with caviar and lobster and a stewardess.
A
Cool stuff. The coolest stuff you could ask for.
B
Really cool, right? I mean, champagne, Whatever you want on the plane, you tell them, they'll put it on the plane, and then you land 45 minutes later. Or 38 minutes, it's faster. It's a jet. And they have three or four Rolls Royces or whatever cars you want. And then they just take you straight to your villa. And then when you, when we pull up, there's no credit cards or this. That. Because they, you know, we've been there so many times, it's on file. And we don't pay for our rooms anyway. So they. The butler would escort you right to your room. Your keys are already in hand. There's no checking in. It's just all these little nuances are.
A
This is such a big deal, too, checking in.
B
Well, you WA line for 30 minutes.
C
Everything I hate about traveling is what you just.
A
That's what you just erased.
B
Yeah, it's all gone. And they're smart. I mean, they do it for a reason, Right.
A
They want you to come.
B
Not because I'm winning. So you walk into the villa and then like, let's say you like freaking peanut butter cookies. Well, guess what? They have all the peanut butter cookies you want. You want a banana milkshake, then you're getting that your kid likes certain grapes, and you're getting it. If you want Monopoly because you're bored, they'll go buy you one. They'll literally drive to CVS and go get it. The butlers will. That's the service you get. And then of course you tell them what you want. You have full, fully stocked fridge. The room is 8 to 10,000 square feet.
A
Oh wow. It's a house.
B
Oh no, it's bigger than my house and I have a big house. It's got a full backyard with a pool, Jacuzzi.
A
This is in a casino? Oh yeah, yeah, there's, there's lawns in there.
B
No, it's on the bottom floor.
A
Oh, okay. Okay.
B
Yeah, yeah. But I've had some on the top floor that they don't have. Of course they don't have the yard, but they have this balcony wrapping around the entire casino. I mean, Cosmopolitan. For example. Their villas are.
A
I've been there once. Beautiful. Incredible.
B
Yeah, beautiful, right?
A
With the pool in it.
B
Yeah, yeah.
A
Dude, we did it once. We had like 30 people.
B
Yeah, I've been there a hundred times. Literally in that villa they have like four of them. And these rooms are so incredible. I mean it's the nicest. Of course everything is modern. You have a TV in every bathroom and a bathtub or just all the little things. But anyway, when you come into these, these settings, you're basically walks right in. And then you immediately, of course, if you're a degenerate, you're going to go gambling. And so in that three or four days. To give you an idea of the comps, let's say the room is 10 to 15,000 a night. That's the value of it. That comp system is adding up. So now you have. That's $10,000. 10. So three nights, 30 grand. Right. And then you go to dinner, it's usually like 14 of us and we're eating, oh Nobu, you know, it's 6, 6, 8,000. Right. In fact, I put a picture on my website of one of our dinners at G Savoir, which is a French restaurant in Caesars. It's 14, 600 for three of us. Oh, for a dinner.
A
What's your drinks?
B
A lot. A lot of wine. Yeah. Expensive wine.
A
So expensive.
B
But, but you know that's, that's the type of. I would never pay 14 grand for a dinner personally. I mean, did I really pay for it? Yeah, because I've been losing the tables. But I'm gonna do that anyway. So that's, that's the way I viewed it, you know, and so here you go, you got a six thousand dollar dinner. Then you know what? I'm not a big night. 50. But back in the day, let's go see Calvin Harris. Let's have the number one, you know, table that's literally next to the DJ, that's 25 or 50,000 with bottle service. Another thing I would never pay for.
A
That's come from the casino, too.
B
Oh, yeah, yeah.
A
Nightlife too.
B
Nightlife. And then I go to the pool. I get a, you know, cabana that's the. The biggest one and the best one, whatever, that's 5, 10K. Then you're spending money there while you're there, you know, everyone's drinking and eating and you have a ton of people, you know, usually have like an entourage of people, friends and whatnot. And then from there, you know, you're. You're probably thinking, hey, let's go to the spa and take your wife. And there's another three grand in massages and facials and whatever. So all these things are adding up, you know, and by the end of the trip, it's usually like 60, 70,000 or more.
A
It makes sense now.
B
Yeah, yeah.
A
You just go there 40 times, it's over 100.
B
That's what happens.
C
Is there a lot of people at this level living like that?
B
No, they can't afford it. You know, it sucks because you're going to lose. None of no people that gamble at that level or really gamble in general, are winning. I mean, that's why Vegas is built, right? And getting bigger and bigger. But they're definitely not winning. And if they are, they're counting cards in blackjack and they're cut off, just like we talked about, which I'm guilty of. I've been cut off at some casinos. And then because I didn't want to lose all of my outs to play, I. I started playing baccarat. And that's why I lost so much. I lost 13 million playing baccarat. Because at once. No, over about a year and a half at Resorts World.
A
Okay.
B
Yeah. So that was a rough. That's the worst year ever for me. No, it's.
A
It's actually keep doubling up, betting more, Bet more. Like I'm out.
B
Here's what you like about it. You don't have to make a decision in baccarat. It's. It's a monkeys game, meaning, like you pick player, banker, and there's no skill. So that's one good thing. You may not understand it, and you will quickly if I taught it to you, but it's as closest to nine. It's that simple. Which sounds simple. It's not. But the point is, you pick player, banker, and the cards are dictated. You don't, you know, Blackjack, you have to decide. Hit this. That you don't do that. In bachra, the rules are determined. So that's one good thing about it.
A
It's a chance. Literally just chance.
B
It's all chance. But it's the best chance out of any game aside from blackjack and dice. If you're playing perfect, that you can hang in there and, like, least edge for the casino is bachrat.
A
Gotcha. And then there's no skill in craps, though, right?
B
I mean, there's. There's no skill, but there's skills in terms of how you bet. Yeah, but no, I mean, some people have these books where you hold the dice a certain way and you hit the back wall or something, but there.
A
Really is a chance.
B
It's all luck. Yeah, it is.
A
Okay. Because like you said, like, I. I feel like I don't have an addictive person, but I do. I. I gamble for the first time on my 18th birthday, you know, I won 100 bucks. I could not believe my. And then I lost. Lost it and then lost 40 more. Didn't step footing for 10 years. I was so pissed. I'm selling weed. Like, that was a quarter I just lost.
B
That's the best 40 bucks you ever lost in your life.
A
Oh, yeah. And then it was great because I don't gamble. Like, dude, I'd rather buy weed. That was my thing.
C
I'd rather go buy so bad to lose that it's like being robbed.
A
And, like, I can't punch anybody for robbing me. It's my own fault, Right? I went to casino, what, two years ago, and I bet on a number on blackjack or not blackjack, roulette. And I hit first number, first time ever. And then she's sitting, scraping all these. I'm like, what are you doing? She's like, 36 to 1. And then it just. That's when I get it.
B
Go.
A
Now I get why people are in here just drinking their life away.
B
Yeah.
A
For the chance to get that one.
B
Yeah, of course.
A
And I got that one. I only bet, like, 80 bucks. I'm like, that's how much I won back. Oh, yeah. When she kept handing, like, are you me?
B
Yeah. The dopamine rush that you get when you win money. Gambling for. At least for me, I'll speak for myself, is unlike any sex you've ever had in your life or high or whatever. But, you know, everyone has a different form of what they deem to be a dopamine rush. Right. For me, it's, you know, gambling at the highest level. I have to gamble. You know, in 2023, I had the biggest bet of my Life. I bet $4.6 million on the Kansas City Chiefs. Oh, Super Bowl.
A
Wait, did they win?
B
They beat the Eagles.
A
Okay, good, good, good, good.
B
I got lucky. Truthfully, most of the stories I remember the most are the losses. But this is the one because it was the biggest bet I ever made. And what happened in that game, I don't know if you remember, but Mahomes went into halftime like hobbling, and he was, they were down by like seven or 10 points.
A
You're sitting there stressed.
B
Oh, I thought he was, I thought it was a loser. I mean, he came back out. They were saying Chad Henny was going to be quarterback for the second half of the super bowl because obviously he must have went in and got some cortisone and whatever. But he came out and played, you know, like he always does. Amazing. So I won. And then my point to you is if I didn't get rated, what, eight months later, I would have bet 6 million on the next game or next super bowl or, you know, so just gets worse.
A
It gets worse.
B
You're always chasing a higher high in gambling and it's never enough, at least for if you have a really addictive personality or a problem, you know, gambling. And for me, I had the business to back it up. Most people don't. That's why they run into, you know, trouble. Right. They always say in life, whether you have a drug problem or gambling or whatever, it's never a problem until you run out of money. Because that's when you realize, you know, I mean, like, there's a lot of functioning druggies, functioning alcoholics, functioning gambling people. Michael Jordan clearly loses a lot of money gambling, but he's a billionaire, so is it ever going to affect his life? No, never.
A
You're right that once you run out of money now it's like, oh, you're doing bad.
B
Well, then everyone questions doing. Yeah, so for me, I was driving a $500,000 Rolls Royce and living in a 5 million, 5 million dollar home and going to Vegas every two weeks with $2 million and living this lifestyle. My kids are in the private schools and I'm paying for everything and taking care of everyone. So why is that a problem? If I losing $10 million gambling, I can afford it.
C
Everybody's supportive of it. It's not a problem.
B
Yeah, because on the outside I look like everything's perfect, but it really isn't because do you really need to blow $10 million gambling. I mean, you know, that's really ridiculous if you think about it. But I had the business to back it up and now I don't. So now it's like a rude awakening. It's like, I wish I would have saved some of those dollars, you know, But I lived my life knowing that yolo, which is funny knowing that, you know, this could be every day could be your last. And I. I could also knew I could get in trouble. I got raided in 2014 by the federal agents and I got a get out of jail free card in my mind where they just took the money and I signed an abandonment form and didn't get arrested or charged. So I went and built my business bigger. I looked at it as most people smartly would have said, let me go get a real job. I kind of skated here, got lucky. I've been doing this a while. I looked at as let me go make more now. Yeah.
A
Which is what happened this time. Nothing.
B
That's what I figured. But this time, bad message to myself. Right. Because now I'm going to prison. And you know, it's a year and a day, which is a really a great sentence considering what I was facing. And my lawyer did a great job of mitigating. I did everything I could to show the judge that I've reformed in a sense and remorseful. And obviously I've given back. I spoke to USC with some college kids and I work for a non profit. It's called Prison professors dot org. We help people in prison. They get my book and they can learn from adversity and learn how to overcome things. Hopefully they'll get something out of it and inspire them to be better, you know, in life. So I've done a lot of things to. To help, but luckily I got a year and a day. It could have been a lot worse. I was looking at three to four years.
A
Yes. When you told me on the phone, he's like, this charge is this. This charges this.
B
Ah.
A
I remember I was in the house, like, oh my God, this is horrible.
B
Yeah.
A
It was just knowing that that's what I. This is what this costs.
B
Yeah.
C
If the situation with the. We'll get into it. Obviously the situation with the baseball player didn't happen. Would you be good right now?
B
I would be in the same predicament. I'll tell you why. When I was raided, they didn't even know about him.
A
Oh, so this was just a cherry on top for them?
B
Yeah. 100. Oh. They had no idea. Zero. In fact, I'm the one who had to tell him. So what happened to me is I'll. I'll make a long story short. I got raided in October, and in January, ESPN came to my home. A reporter, she showed up at my door and said, I have a very big story that I'm about to publish here. You know, soon I'm getting my sources, more and more sources together. I'm going to give you an opportunity to address this, which I respected, actually. And so we sat her down with my attorney, and we listened to what she had to say. And what she had to say was exactly what I didn't want to hear was she knew that Shohei Otani had some involvement. You know, his wires were coming through to my business. So I'm like, oh, shit, all right. My attorney's like, we need to go tell the government. Because the one thing I didn't do is I didn't talk to the government about my people. None of my agents got in trouble. Nobody. I didn't give up people. You know, the only. The only thing that occurred was whatever was in my telephones. They had electronics. Of course, I had no defense to that. But I made a deal with them that I'm not going to give up people. So I had to go tell them about Ipe Miss A Horror, because she was going to run the reports, and they were going to find out better from me than espn, you know?
C
Can you explain who that is? People don't know.
B
Yeah, ESPN or Tisha Thompson. The. Oh, Ipe Mazara in the. Sorry, the player. Ipe Mazara is the interpreter for Shohei Otani, which is obviously the biggest Dodgers baseball player in the. In the world. The best player that ever set foot on the planet.
A
Damn. Like that.
B
Oh. But not even close.
A
I'm not a baseball guy. Is he really that good?
B
He's Babe Ruth times five.
A
What the hell he's playing right now?
B
Yeah. He is truly the best athlete that has ever walked the planet, in my opinion. Tiger woods, in my. From my era that I've seen Tiger woods and obviously Michael Jordan are my two choices. And then this guy is. Is better than both of them, only because he does something that no baseball player other than Babe Ruth has ever done. He pitches, and he's like the best pitcher or one of the top three. And he bats, and he's one of the top three. I mean, as an athlete, he's one of the fastest players in baseball. Running. He's. He's like 6, 4. He's a. He's a stat.
A
Japanese guy.
B
Yeah.
A
He's 6 4.
B
Yeah. Yeah. He's a beast. I mean, I've been around him.
A
He's a beast dude.
B
I don't know, but whatever he ate, it's, it's amazing. I'd like to get some Japanese. I mean, he does it all. He does everything. You can imagine.
A
Oh, I just knew that he was super famous and I've never watched him play. If he's, if you're a sports person is saying he's. I'm going to watch a game.
B
You would actually. Even if you're not a baseball guy and a sports guy, when it comes to baseball, you'll have an appreciation go a day when he's pitching, because he's pitching and batting. You'll never see that in your lifetime.
A
I didn't know that about baseball.
B
Yeah, well, because either you're a pitcher or a hitter, right? He does both. So every five days he's on the mound pitching and then every day he's playing as a hitter. I mean, you're getting like two players in one and I didn't know baseball has different.
A
I didn't know that. I thought everybody just did everything.
B
No, no, no. You have a position like that and, and to take. Let me take it a step further. Imagine Patrick Mahomes, okay. Being the quarterback. He has. Do you watch football?
A
Of course.
B
Okay, so imagine him after he throws a touchdown.
A
Strong safety.
B
Correct. No joke or line.
A
Sanders. Remember dsr played wide receiver for a minute.
B
Yeah, yeah. But, but, but even more so. The best in the sport at both positions.
A
I gotta go see this. And the fact that you're talking so.
C
Highly of this in la.
A
Yeah. This just shows that you're, you're a sports person. Because it's like this, this guy. Not the reason you're getting in trouble, but it's a reason why it's so big. Big. Because of this guy. You're still like, he's the best. That's when you know you love sports, man.
B
Yeah, no, he's, he's. I have to give him credit. He's amazing. Uh, and you know, I feel bad for him that he's got a little tarnished to his name because of this. Because I, I know he didn't gamble. Everyone thinks he did. And I get why, from the outside perspective, it looks that way because the wires are coming from his bank account. I do believe the question mark. That's really, really, you know, out there that I question is, did he know that his interpreter was borrowing or using some of the funds. I think that's a little bit in question. I think that kind of got, you know, misconstrued. That's my opinion. But I don't think he gambled ever.
C
The law is that a pro athlete can't gamble on sports, period. Right?
B
No, actually each sport is different. The law is this though. They cannot bet on their own sport for sure.
A
Oh no, that's, yeah, conflict of interest.
B
That is for sure. But each like baseball. The law for baseball is they're allowed to bet on like NFL, but it can't be thrown. A legal bookmaker has to be a legal entity.
A
So is that why Pete Rose got in trouble? Because he's been on his own sport?
B
Yeah, he was my client too.
A
No, I heard a little bit about that. But I just remember as a kid he was the, that guy got kicked out of baseball. That's what I knew as a kid. Like that's the guy that got kicked out of basement. Just the, the picture of him sliding.
B
Yeah, he was a beast.
A
That's the what I thought he was. And then I heard he got in trouble.
B
He did. And it's sad because he never rigged a game bet against himself. I mean what he did was wrong. I mean he knew the rules, but he's just such a competitive guy and he loved gambling that he wanted, he just bet on himself to win. I mean that should be legal.
A
You bet on yourself.
B
I mean I, I actually agree with you. But the, the reality is he definitely knew. But it's really sad he's not in the hall of Fame, especially before you died because he deserved that. Like if he rigged the game or cheated the game in integrity wise, I get it, he should be banned for life. But I, I feel like he really scapegoat, he took it hard.
C
Do you feel like the NFL is rigged?
B
I don't think it's rigged. I just think there's probably a situation where an umpire or, or I should say referee or maybe a kicker could have done something, you know, to change the outcome once or twice here and there. But no, it's too big of a sport. They're paid too much money. There's too many things to overcome. Like basketball is so much easier to, to cheat at so to speak, or rig a game than football. I mean obviously a quarterback or a kicker can really change the outcome of a game. But basketball, if you're a player that has any capacity to score or not score, I mean you could really change the outcome. And, and there was a scandal that just came out two days ago on ESPN where there was 13 college basketball players were fixing games, you know, completely like actually shaving, betting on and against their own team. That's, that's sad because the integrity's gone when you're doing that. That's the issue with gambling becoming legal as these young kids are going to be the ones that get in trouble because. So let's put yourself as a 18, 19 year old kid and you're really good at sports, but you're not going to go pro. Like you're amazing. You're playing for, let's say Arizona State and you are maybe the third best player in the team, but you're not good enough to go pro to be in the NBA. So you're not going to make a lot of money in basketball. So what happens? Maybe they start gambling and they create a debt with a bookie and now they're in trouble and they can't pay it because they're in college and they don't have any money. So now it's, you know, what's the way out? Shave a game, cheat a game, you know, figure out ways to make money. That's the thing that's happening now. Or you have a guy who knows that they can't ever become, you know, financially set from playing basketball and they want the shortcut. So the shortcut is how do I make money for the next five years, like why I'm in college or whatever. So it's very tempting.
A
I completely understand.
C
Never thought about that.
A
Because if I'm in this situation, I'm gonna shave a couple points if I'm like, dog, we already lost. What's wrong with me missing two free throws like we lost. I just got paid 6K.
B
And that's the thing, it could be even a small amount because a 6k to a 18, 19 year old college.
A
That'S 100, it's a hundred thousand, it's.
B
A lot of money. And believe me, 6k is easy. I mean shaving a game can make a million. You know, I'm not saying he would get a million because he's going to have to have all these people. But they're always going to get caught. They're always going to get caught. I mean 90% of the time because these kids talk too much, number one. Number two, when you start betting obscure amounts on games, these systems are all in play where they, they see it, you know, meaning like draftkings. If all of a sudden $2 million comes on Thomas to, to not score 20 points in a game, and you used to score 20 points and all of a sudden that game you score eight and they go look at the video camera and you're just bricking shots and there's an obscure amount of betting on that particular game. It's very obvious something gotcha. Which is what happened in this. These baseball pitchers that. I don't know if you saw what happened. No, this year these two pitchers for the Cleveland Guardians.
A
That's like a, like D1 or like.
B
No, no, this is professional MLB, Cleveland Guardian. It used to be Indians. They changed to the Guardians.
A
Stop.
B
Like two years ago. I know, it's Washington football team.
A
Sounds so sick.
B
It's the same thing, right? Indians, you know the Chiefs, man. Yeah, yeah, that's true. They haven't changed. So these two guys threw a ball in a game that bounced about halfway to the plate. And then on those two pitches there was massive amounts bet on ball or strike. So that's, that's actually so obvious, you know, you gotta. Let's just say I'm gonna throw out a number $2 million bet on the next pitch being a baller strike. When the average bet on that is maybe throughout all the industry is maybe $20,000. Now you have 2 million and the guy throws a ball and it bounces to the, to the plate from a professional athlete.
A
Oh no.
B
So it's very obvious to see, you know, like they don't understand that they're not going to get away with it anyway. And of course they're, they're being investigated and you know, I'm sure things are going to come of it. But that's an example. Everyone's greedy, I'm greedy, we're all greedy. So where's that amount where you can get away with it and you know, not get caught? And it's just there's too many nuances with cameras nowadays and people that talk and sources everywhere. I mean they're all, it's all going to come out. So these kids need to be taught and spoken to, which is something I plan on doing if I can go in front of a college kids team in any sport, mainly these bigger ones that they can shave spreads and stuff and I can talk them out of doing these things and ruining their life. Yeah, I mean they're gonna end up in prison. They're gonna ruin their career.
A
I mean this is a punishable by prison offense. But shaving points?
B
Oh yeah. If you, if you're rigging games, I mean they're gonna come hard on you because you know you're taking Away the integrity of the game, which is so big. I mean, what's the law?
C
All the gambling associated with it's for illegal gambling.
A
Yes.
B
Fraud. I mean, you're. You're committing a. Because they're usually betting. You know, obviously there's gambling going on.
A
Constitutes fraud.
B
Yeah. I mean, because you're. You're basically cheating the system, and then in doing so, you have to gamble, and you're going to be probably gambling the illegal bookmaker. So that guy's going to get in trouble, and then the guy who's paying him is going to get in trouble. And there's so many people involved. It's not like it's just one kid and that's it, you know?
A
Yeah. So there's that many opportunities for people to fuck it up.
B
Yeah. And it's just going to spray down the line and open up Pandora's box in so many areas.
A
I didn't realize that that's how this works. I always wonder why it was such a big deal. The college kid got caught. Like, who cares, Bruce? College games over. Now I get it. Because somebody made a million dollars off of that.
B
Correct.
A
I didn't. There's a whole nother world of things. Yeah.
B
Yeah. Well, you know where it started? With the Mafia.
A
Yeah. That's what I see. I'm like watching all these movies like, oh, yeah, the Point or Henry Hill. I was running numbers and yeah. Doing this. Oh, what does that mean?
B
And somebody owed him money and couldn't pay. And it's either you have a problem with the Mafia or you figure it out. And I don't blame a kid. I mean, if I owe them off you, you know, a lot of money, and I don't want to end up in a trunk. I'm gonna go shave a game, too.
A
And I'll shave more than one. Yeah, of course. 100.
B
Yeah. Your life or shaving a game. I'm shaving a game. But that's the problem is they can't get in that predicament. And if I can prevent some of that by talking to these young kids and, you know, letting them learn from my mistakes, then that's. That's what I'm trying to do.
A
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B
Eight years ago, I owe you a mil.
A
I lost. I bet it. You call me, hey, Thomas, I'm gonna come by. I'm like, I don't have it for you. I'm not gonna have it for you.
B
I mean, as long as you're answering my phone calls and we can work out some sort of payment structure, we're gonna be fine.
A
If I answer, I'm like, I never gonna pay you, dude. I don't want to have that.
B
And. And then the conversation is going to get much more aggressive to the point where I'm never going to really physically put my hands on you. But I may make you feel that, you know, the conversation is going to be. I mean, at the end of the day, all I can do is make you feel like this is not going to go away. It's going to be a headache because I'm a father. I don't want to be in prison. I don't want to, you know, get extortion. I don't want to have these crazy charges. So as I got bigger in my business, I got smarter, and I vetted my customers more and more so that I wouldn't be in this predicament. Doesn't mean they always pan out. I mean, I've had these conversations, but I would just try to work it out with you and say, all right, what can you pay? How much can you pay, and what can you pay?
A
Oh, wow.
B
You know, if you can't pay a million dollars, and. Which, by the way, would never happen because I wouldn't allow you about a million dollars without having structured relationship, and you would already have established history with me before that would occur. But let's just say it's even. 50,000, and you bet 50, and then you told me to go myself. I would just say, okay, I understand. Maybe you got over your head. Happens. Can you pay $3,000 a week for the next 10 weeks, and we'll just work it out, and I'll give you a discount. I'll work with you, and if you want to still gamble, I'll even work with you as you make some payments. I'll let you still play. You want to try to win some of your money back. As long as you're reasonable and you work with me. I got no problem with that, because I personally have been jammed up many times in my life where I vote. Casinos didn't have it.
A
Oh, casino. Oh, took a marker.
B
Yeah. Or bookies. I mean, I've met with bookies my whole life, so I've not been able to pay people. So I'm no angel. I. I don't view that person as lower than me. In fact, I've been that person. So because of that and because of my history of my own gambling, I know exactly how they felt. So I just even share that with him. I'm like, look, man, I've been in your shoes. It's all good. No one's here to harm you, or we don't want this to escalate, but you have to be honorable, and let's figure it out.
A
That's like, the. What? The most logical answer ever. Well, every time I watch a movie, I'm like, just, you're never gonna get your money. You shot the guy.
B
Yeah.
A
Now he owes you nothing.
B
And here's the thing, right? I also understand you have to. You can't just accept someone saying, go yourself, because the rumors get on the street that you're. You're easy to walk on and Then you know you're going to get walked on. Right? People are going to take advantage of you. So I do get the Mafia's old ways of, you know, making a statement, because it does prevent that. But you are correct. If you hurt somebody. For me, this is the way I viewed it. Number one, I'm not a violent guy. Number two, me hurting somebody is not probably going to get me paid, and it's going to bring heat on me. And the way to get paid is to be reasonable and work out a business structure, because I'm running a business. And credit cards don't always get paid, banks don't always get paid. Casinos don't always get paid. I mean, that's part of business. So if I look in the mirror and I say it was my poor judgment, I gave Thomas way too much credit and I didn't vet him good enough. And his referral was not somebody I trusted a hundred thousand percent or vouch for the. The money, that's on me. That's how I started looking at it.
A
It's exactly how we talked about this, how I sold weed. I sell packs and everything, but, you know, baby, you can never buy weed here again. Go find us.
B
Yeah, exactly. I'm done with you.
A
You're done? Don't know. Everybody knows. Not gonna with you now. Go out of town to find weed.
B
Yeah. Your reputation's burnt.
A
Yeah, that's how I do. I said, you know, hit me up. He still owes me money from college. There's so many people that I see on face because I got Facebook, and now they're like, hey, what's up? Was that 80 bucks you owe me, fool?
B
Yeah. I didn't forget sophomore year.
A
You think I don't remember? Yeah.
B
No, no, no.
A
Like, no, no.
B
You.
A
You want a shirt? You owe me $80. Yeah, no, I ran into these things so many times.
B
Sure.
A
You think I forgot I made that money. You owe me it. I don't care if it's insecure.
B
It's a debt, man. It's. It's principle. It's. It's not about the $80.
A
No, it's not. Once for $15, Guy ghosted me. We've been friends for seven years, never came back around ever for 15 bucks. Money really, like, lets you know who's your friend. It's very odd.
B
But isn't the best $15 that to.
A
Get away from me forever?
B
Yeah. Because now you don't invest any more time with this guy.
A
I love that.
B
Yeah. And. And for $15, you got rid of trash in your life. Whereas you might have. Four years would have went by, and it might have been $400, and then you would have invested so much more time and energy in this guy. And now you're like, it's even harder to walk away from him.
A
That's one less Christmas present I got to buy at Christmas.
B
That's right.
A
Fine with me.
B
And one. One less fake person that is really not in life to be your friend, and vice versa. Oh, you're investing in him. He's not investing in you.
A
And yeah, it's a. It's an easy way to. To see how. How. How things work out, because I've done it more recent. It's like, I'll never see you again.
B
Yeah.
A
Haven't seen you again.
B
Of course.
A
Okay.
B
And you're going to find you're young, but as you get older, you're going to be more successful, and then you're going to have more of that, because the more success you have, the more they want to hang out and cling on and use your resources, let's call it. And then you gotta weed through that even faster. We threw the. Because, you know, you don't know their true motives. Right. Like, I had people coming on trips with me because I provided this amazing experience all the time, and frankly, I. I was just kind to people and we would have fun, and I was hoping that they really wanted to be my friend, you know? And then when the raid comes, you find out real quickly, you know, oh.
A
You see, yours is the ultimate test of friendship. Like, you know, the news. Dude, we're not friends anymore. Like, why not?
B
Yeah, we're hanging out yesterday. Exactly.
A
Yeah.
B
Yeah. But they were, you know, okay to jump on the plane and go to Vegas and stay at the nice rooms and have the nightclubs and the free food and eat on my dime and, you know, but it's. It's all good. I mean, honestly, I. I actually am shocked at how many people have stuck by my side. I've lost way less people than I thought.
A
Oh, wow.
B
And I've had way more support than I ever thought, and I'm so grateful for that.
A
That's right, because you weren't busting kneecaps, man. You're a nice guy.
B
You know what it is? I think I. I became a really good judge. I always have been really good at reading people and judging character. So the ones who I invested the most in, I kind of read correctly. And there's a few that I didn't. And it hurts, you know, of course. But for the most part. I was really good at reading individuals and, like, who I'm going to give my real friendship to and have their back. Because I've always been loyal, man. I'm the guy. I am the 3am Guy. You know, you call me, oh, I'll show up. I will be there. I mean, within reason. I have a family. I'm not going to go to, you know, hurt somebody, like, to the point where I'm gonna put myself exposed. But if you're in a bar fight and there's freaking 10 dudes, I'll come get my ass beat for you.
A
Oh, I love that. I'll get my ass beat with you.
B
You know what I mean? I will, I'll defend you. I'll do whatever it takes as long as you're obviously, you know, have a reason. I mean, if you're the one who's trying to make out with some dude's woman or something, that's a little different.
C
You can't be out there being goofy.
B
And, yeah, you deserve a beating. But, like, in truth, you know, I got my, my people's back and I always will. Respect.
A
Nice to hear.
C
How much is, how much is crypto wrapped up in gambling and everything?
B
A ton now? Yeah, it's, it's, it's imaginary money to me.
A
It's crazy.
B
It's. It's wild. But it's going up and probably going to keep going up. But, like, I was moving on Mondays through my business. 5 to 7 million throughout the country.
A
Every week to pay people back.
B
You pay like winners, losers, just movement of money, you know? Like, I had about 1200 customers in my peak, I think, when I got rated at about 800 active guys. So let's pretend you're a client. Let's pretend you're a client. So let's say you win 4,500 this week and he loses 6,000. So I'm gonna say, hey, Marty, can you send 4,500 to. He doesn't know you. Oh, can you send a Venmo for 4500 to this account for me? And then the other 1500, can you send it to this account? Or can you send crypto or whatever you pay? And then I have to coordinate that throughout the country. It's all logistics. That was the hardest part of my job, that people don't understand. You have 800 people that are settling every Monday. That's not true. Some of them are rolling over because they're out of town or the balance is. You know, the guy owes me 200. I'll just carry it over, leave it in the account. But you know, figures that are thousand or higher, the computers are the key. My website in Costa Rica, you know, was amazing. It has everything on every bet. Everything was recorded or taped or put.
A
Is that what got you in trouble? Is having the records of these things?
B
I mean, it didn't help.
A
But they already know.
B
They know. I mean, listen, the federal government has all the resources in the world. If they want you or Marty or me, we're dead.
A
Oh, for sure.
B
Yeah, you're smoked.
A
We've said it so many times like there's nothing I can do. That's what we say in the phones. I don't care about it. We're just talking about it. Leave us alone. Yeah, we don't care.
B
Yeah, they're listening.
A
They're listening.
B
They have everything. And they can run every record they want. Iclouds, this, that, burners, it doesn't matter. Yeah, you can pretend that you're. You're pulling something off, but with the camera everywhere and people that talk and. And nowadays everyone's stuff gets pulled when, when they do a raid. So like all they do is, even if they let you go, they just take your phones, your computers, they plug it in this, you know, computer and it has everything. And if, if Thomas is in 20 guys computers that have been raided and Thomas is probably doing something he shouldn't do. Right. Why is he in 20?
A
Criminals just connect the dots off one person's computer.
B
Yeah. So everything that's in those computers and phones and you know, even though people don't mean to give that up to the feds, it's not like they're choosing to. It's just you're. You're grabbed and they, once they have it, you already have a search warrant. They have no rights. So you're smoked. I mean, and whatever's in those phones is going to hurt some people, sadly, you know, even if you don't intend to.
A
Okay, so every Monday you're spending 12 hours a day doing this for sure. Okay.
B
Because Sunday night book booking with our.
A
Stuff is how many hours you take. Imagine doing 800.
B
Yeah, so let's say Sunday night. This was my, my procedure when I was a bookmaker. Usually there's a Sunday night football game or Lakers game or whatever, and as soon as that is over, which is either 8pm or 9pm or 10pm, depending on which sport it is, then I get all the final numbers of the week for all the customers. Right. Now I know all the games are Final. So, again, just example, you won eight grand that week. Now I have to figure out, okay, I got to get Thomas eight grand. I know, because we have a relationship. How you like to be paid. You're a guy who wants cash, or you're a guy who wants a wire or you want. Everyone's different, right? We guys, they like money in their bank accounts because we know why. Because they have cash. So if you're a weed customer of mine, I know I can get you a Venmo or a wire or whatever, a check to your business. If you're a regular Joe eye surgeon, you want cash because you're probably hiding it from your wife. And cash is hard for you to get. So it's the polar opposite. So I have to break down, you know, my customers and who won. And that's my first job, is I got to pay everybody who won. That's all I care about. Because my reputation is everything, right? So if that particular week, 350 people won, I need to pay 350 people. Then I go to the losers, and I see the guys who are solid, who are beyond honorable, and pay right away, and I give them little bonus trinkets like free play and stuff to pay right away so that I can use their money to facilitate the winners. Because moving all the money is the hardest part. I could have $10 million in a chest, but that doesn't help me send a Venmo and a cash app or a crypto or a check or whatever. So I have to use the coordination.
A
Of he has enough Venmo to pay this off, and he has enough.
B
Correct.
A
Oh, oh, you're an accountant.
B
Yeah.
C
But being that flexible is what made you so good compared to other.
B
Yeah, most bookies, they. In the last few years, I think they've caught on to kind of what I was doing. And I'm not saying I was the forefront of it, but I do feel like I was one of the first to do this. PayPal, Cash App, Venmo, Apple Pay, crypto, checks, wires, all watches, cars. I mean, there's so many ways of paying people, right? And I use all of them. I had the sources, and the reason I did that is because I had so many beards. We call it a beard. I don't know if you know what a beard is.
A
Front.
B
Yeah. Who would operate for me. And I would use them to move the money, too, because I got kicked out of Venmo. I got kicked out of cash. I was get kicked out of. Just like you guys did in the Banks, right? So I. I don't have any of these personal, so I have to use other people. So moving all that money around logistically was hard, but because my operation was so big, it actually made it easier. Because think about it, if you have 700, 800 guys that are, you know, paying in and collecting every week, it's a lot easier to. To get movement. If I only had eight guys to call and they all won, how the hell am I going to get these eight guys paid? I only have so many venmos and, you know, people to call upon. Right. And there's limits to all these things. You know, you. You know, this Venmo's 5000 for seven days, and they're all different. So having this capacity of customers allowed me that ability to pay everybody swiftly. And that's the key as a bookmaker, is paying them right away. Because other bookies wait till Friday. They wait to collect from everybody.
A
Not.
B
Not all of them, but a lot of them.
A
Gotcha.
B
And listen, it's hard enough to win. I don't want you to wait till Friday to get your money, but I'm hounding you on Monday to get paid. I want to pay you on Monday. I want you to feel good about your win. You know, I know in the long run, I'm probably going to win off you. You're going to lose. So I want you to feel good and get your money and hopefully gamble right away and start losing back.
C
You know, you're having to track so much, you're telling this guy to pay this guy.
A
It makes sense. It's like those maps when they're looking for a killer in movies, when they.
B
Have all the strings.
A
Yeah, that's what I see. And it sounds horrible to deal with.
C
Are you, like, a master in spreadsheets and, like, organization?
B
I became pretty good at. Yeah. At following all that. Truth be told, I just mastered this. Like, let's say, Marty, you lost three grand and you sent a Venmo to John Smith. You would send me a screenshot of that Venmo. I would forward that Venmo to John Smith, credit your account, give you free play. You're dialed, and now, you know, deduct off of this gentleman you sent it to. But by having the screenshots of the proof, then it. Because I was. It wasn't my account sending it. I had to make sure that you actually sent it, not just set it. And that was the system I had. And it made it pretty efficient. But, yeah, it was a lot of, you know, tracking and And I would say Tuesday. So to answer your question, what we were started with Sunday at like, 7, 8 at night, whatever it starts, I would work till about 1 in the morning. I'd get up at 5. And then on Monday, I would work from 5am till about 6pm straight, just moving money throughout the country because it's hard. You have a guy in Wyoming who doesn't have a Venmo or cash app. Now I got to get a FedEx envelope for six grand sent, so he gets it on a Tuesday. You know, these are the logistics that were difficult, you know, and. And of course, you know, people are out of town. The losers are never, you know, promptly ready to pay. The winners are always available Monday morning. They're just sitting at their desk waiting for you, you know, and that's normal.
A
So how do you meet? Marty knows. Like, say me and Marty don't know you, but we start gambling. How do we become a customer of yours?
B
How do you. Referral. Yeah, referral. Or I meet you at a casino. Because part of the. The reason I traveled and. And did what I did is that's how I met a lot of celebrities, athletes and stuff. And I would kind of come in there. I wouldn't walk in with a sign says, I'm a bookie. But, you know, we hit it off, have a drink, and gamble together and, you know.
A
Gambling, huh?
B
Well, they're watching the game, you know, and that you could tell when people were gambling on games, it's a little more obvious, right? And then, you know, I shoot the. Hey, Thomas, you got action on this, huh? Yeah, it's cool. What'd you bet? Oh, I bet the bills for two grand. Oh, it's cool. I. I bet it for ten or whatever. I'll tell them, you know, and I show my ticket and just kind of. Oh, it's cool. Do you bet with a bookmaker when you're not in Vegas? You know, do you have one at home or. Yeah, I have a bookie and my golf club or whatever. No, I don't have one. Okay, well, that's what I do. If you want to get an account with me and build a relationship. Love to work with you. And you know, that that's kind of just an idea, but it sounds like.
A
Such an amazing part of business.
C
I love how you compared yourself to being a waiter.
B
Yeah.
C
You're like, I'm. I'm serving up what they're asking for, you know, Like, I'm. I'm watching out for them as much as I can. Once they Leave the bar. If they go crash out, there's not so much I can do about that.
B
Sure.
C
But while they were here, I gave them the best pro level service I could.
B
100.
A
Or cut them off. I. All that.
B
Yeah, yeah. I mean, listen, I know what it feels like to lose more money than you have done it many times because I'm a degenerate. And I know when I have a degenerate on my hands. Right. And of course he's a great customer. He's going to lose. But I have a heart. And watching him not pay his bills or feed his family, I already made a lot of money. So it wasn't like, you know, that was my goal. My goal was to have him gamble responsibly, lose money to me. Of course I'm not going to sit here and say I wasn't doing it for free, but I would rather like slowly just grind a little bit of his paycheck. Let's call it where he's having fun, entertained by the games and not affect his life. Yeah.
A
You know, then that customer's also gone.
B
He's gone. You know, he's ruined his life. He's got divorced or, you know, problems at home. I don't, I don't, that's. I don't need that on my shoulder. Don't get me wrong, it happened. And that's part of my business that sucked. You know, they lie to you, they tell you a lot of things to get more credit or to get more down on a game, and then afterward the game's over. That's when you get the truth. Oh, I just told you that because I wanted to get down. And you know, I get it because I know that feeling too. I've been there. But it's like, you know, you put yourself in a predicament. Now I. How do I handle this? And you gotta, you know, I try to give a discount, work it out and just try to work out a payment structure like we discussed earlier.
A
So I know we're on this, but back, like you're saying, I'm at a casino, I'm meeting these people. Is that frowned upon? Like, they're like, hey, Matt, what are you doing? Stop poaching people.
B
I mean, yes and no. So I was pretty smart about it. Like, I wasn't like, you know, made it ultra obvious. But at the end of the day, the casino didn't care. I was gambling so much and giving him so much business. And let's be honest, if that particular customer that is at the table is Gambling there. When he flies home, he's not. They're not losing business because he's betting with me. In fact, they probably look at it as a positive because now the money he's going to lose to me, I'm going to gamble back in their casino.
A
Yeah, that's true too.
B
You know, so. And when he's in Vegas, he's. He's going to be betting in. In the sports book still, anyway. Probably through my site, too. I mean, that's just how it works. But they don't care.
A
So when you say your site, you're saying like, it's example, DraftKings, my bookie, all this. You had your own version of that. It just happens to be a league.
B
Legal. Yeah. So my site was in Costa Rica. I actually had a room online casino with cameras.
A
Oh. So the player.
B
Yeah. So you could. You could log into my casino and you would see an actual dealer. You'd see six tables with pit bosses and cameras, and you could play live.
A
And that was in Costa Rica.
B
Yeah, live blackjack, Live everything. Everything but dice.
A
Wow.
B
Yeah. So you could play roulette. You could. You could play roulette with me. And it's real money and it's real dealers. You could even talk to them. You could type on your phone or computer. Hey, Yolanda. And she'd say. She'd see it. Hey, Tom. So you know, it's real. It's not like some automated fake bs, you know. And the reason we did that is because I had the. The other casino, which was all automated. And of course people would lose and they think it's rigged. Yeah. And I understand that. But now when you see a camera and you can choose your table spot and you can bet whatever you want, and you could tip her. People were tipping, you know, just like no different. People would win and they tipper or, you know, whatever, and you could speak to the dealer. Of course, it's not the same experience as Vegas. You're. You're not there, but it's almost the same. I mean, you're gambling and it's live and there's. You don't need to worry about cheating.
A
You'd be anywhere in the world.
B
Yeah.
A
So I can be a doctor living in Wyoming, betting at any time and getting paid on Monday morning if it's.
B
If you want cash, it might be Tuesday because I got to get a FedEx from California too, but. Yeah.
A
Wow.
C
Without anybody knowing, like, are most people, like, doing this?
B
Like, more than you would ever imagine?
A
Oh, yeah.
B
There's a million Bookies in the country?
A
Oh, yeah, bookies.
B
Oh, yeah, There's a million. And I say that because there's a lot of guys that have 20 guys. And it's small, It's a little operation. They're having fun with, you know, 20 of their friends or guys at a golf course or whatever. It's just low key and they're not known. So they keep it really low key and smart on them. They're never going to be sitting in my seat. But I took it to a different level.
A
So to. This is a full. My Bookie probably has 500 employees. DraftKings probably has a thousand employees. I get it. How are you operating this? Like just you people gambling and you're taking care of it. Done.
B
So the website does all of the work. Right. As far as taking the bets and the numbers and everything. It's all on there. The logistics, we just covered. I do all that. But I did have 48 agents across the country. So let me give an example. Let's say you live in Chicago and we have a relationship and you use. You're an agent for me. What that means is let's say you work at a great example car dealership. I had a lot of agents at car dealerships. Most car salesmen like to gamble. They're on the lot. Board games are on there selling cars. So you might work there. And you'd say, hey, Matt, I got like 20 guys here that want to gamble. I said, perfect. So let's set them up on my site. You'll be the agent. You'll have your own little pen and passcode to look at your players. You handle all 20 of them, and I'll give you 20, 30, 40% of all the proceeds and you handle. So let's say for that week, they win 8,000. I'm going to send Thomas $8,000. You're gonna pay everybody and collect. So you make nothing that week because the players won 8,000. The next week they lose 20. The $8,000 is going to come back to me because I'm the house. And by the way, you had no risk. You have zero dollars. It's always my money. The 8,000 comes back and now there's 20 minus eight. That's 12,000 left. Let's just say for argument's sake, you get 30%. You take your 30% of that 12, which is obviously 3,600. You would give me the difference, and that's. You made 3, 600 bucks that week.
A
Incredible.
B
And all you're doing is facilitating.
A
Not even Your money risk.
B
Correct.
A
Oh, I can see how this spread so fast. How fun does that sound?
B
Yeah, especially when you, if you, you don't have to gamble, right? You don't gamble. So risking anything, you're, you're just getting paid for.
A
Why is this illegal? Why do you think this is? Because it's not regulated on the, on the cash exchange.
B
It's not regulated and the government's not getting their, their piece. That's really the real reason. And obviously in California it's still not legal here. But 38 other states it is. It will be legal here by 2027. They're just fighting over the Indians and the casinos against, you know, the Draft Kings and fanduels, who wants it. But the reality is it'll be legal here definitely within two years.
A
So. So like I can just wait. It'll be legal so you can do what you're doing.
B
Not me.
A
I'm saying, say this never happened. You'd be able to do what you were doing legally.
B
DraftKings and FanDuel. See, this is the part that's completely BS. They're never going to give a license to him, you or me. Because we're not a conglomerate corporation that has ties to people that are going to allow us to get a license. You'll never see John Smith, even if he has a ton of money being DraftKings. It's going to be these corporations. That's what's unfair about it.
A
So it's like the weed licenses.
B
Yes. You know, they only give so many. And obviously from my understanding, cherry picking you.
A
Yeah.
B
You would know more than who's got the take and who's not.
A
One guy's got all of them right now, basically. So. Yeah, I know.
B
And there's a reason. I mean, he's paying people or doing something. We all know that.
A
Oh, for sure. He's not stealing them. He's. He's buying them and going, you want this? In two years, gonna be worth 30 times. That's. But thank you. Thanks.
B
Yeah.
A
Hey man, that's business. I get it.
B
Right.
A
All right. So I saw something recently. I won't say where, but it's near la. I have a friend that was like, hey man, what do you want? He's like, I'm just gambling. Go. Like on what? It's a guy at a store. What do you mean? Because he made a website. You gamble like a casino. You upload money from a card. You go to the. Because liquor store and go, hey man, my 80 bucks. Keep the other 20. I'll roll it over for tomorrow. That's a bookie.
B
Yeah. He's got the whole town just on.
A
Their phones constantly, like. Yeah, it's, it's pennies. I don't care.
B
It's pennies, right?
A
It's like, but I won 100 bucks. Like, you lost 700 last week. But I won a hundred bucks. I don't know why people don't understand. Like, yeah, it's 60 bucks. Like, with taxes it was 68. Do you not understand? Yeah, you only buy one with a hundred dollars. Like, no, no. But I don't understand how people don't get that. The fact that, like, you're getting. Going to lose. You're gonna lose forever. And it's the, it's the dopamine rush.
B
I'll answer that. Yeah. Because I'm guilty of it. You, you, first of all, you're, you're competitive. We all are. Right? And you want to beat something that's almost impossible to defeat. And you haven't experienced this. Well, you kind of did in the roulette. But imagine you, you win, let's just say 200,000, right. On something crazy, right? You are going to get this rush inside you that is inexplicable.
C
I can't imagine. I don't want that rush.
B
No, you don't, because you'll chase it. You won't. But it's inexplainable. And what happens is it's the easiest money you've ever made because you're not actually working. And it's fun. And so that feeling is so bad, you know, like, like, let's be honest. I mean, nobody wants money handed to them. I mean, we, we would love it. But the reality is. Doesn't feel good, right? No, but if you go gamble and you win it, even though you didn't, you're not blue collar working for it. It feels incredible. And you're beating at a casino or a bookie or whatever and you know, it's so hard to beat them anyway. So you just have this extra feeling. And guess what they're going to give you in Vegas? Drinks and rooms on top of it.
A
Oh, yes.
B
You know, so on it.
A
Yeah, the last trip was free.
B
Everything was free. And I got paid. Listen, I. Not only that, I. There was times I got on a plane, I went to Las Vegas with zero dollars. I mean, let me, let me rephrase that. 800 in my pocket. Just like a tip. Butlers and stewardess on the way in my, on the jet. I land, I get there, I Go to the tables. And I would win a million million five with zero dollars because I had a credit.
A
Oh, they must be pissed.
B
And I'll come home on a plane with a $1.5 million of cash and four days of $80,000 in food and beverages. Addicted wine and the best experiences in the world. I mean, I've done things that people dream. Movies, meet and greet with Andrea Bocelli, with my wife in a private concert.
A
Oh, my God.
B
Blake Shelton, backstage golf with Charles Barkley, Travis Kelce.
A
All of this stuff is like. Like, oh, this is our high plays. You get to do the cool stuff. Yeah, I just thought it was rooms and cars.
B
No, no, go look at my website. Look at all the pictures.
A
I just thought that's because you were doing bookie things. Like, you're so. What? Casinos really know how to get the money out of here. Give me three more days.
B
They do.
A
She's gonna lose it.
B
They're brilliant, though, because it did draw me in. And I mean, I actually would have went anyway because I'm such a junkie. But the truth of the matter is those things are just additional highs that bring in your. Your family too. Like, let's say my wife hated at the end, she was tired of it. Right. Because we're going. This is kind of funny. We're going on a plane every two weeks to Las Vegas in a private jet and living this lifestyle. And she was actually tired of it. And I was like, how are you getting tired of this? Like, this is incredible. But she didn't get the same dopamine rush I did, so. But long story short, they would give her gift cards and things, you know, to go shopping or this and that. She's not really a ultra. Despite our lifestyle, she's truly has not been a materialistic woman. I mean, it doesn't look that way because I bought her all the. But the reality is she loves it. Who doesn't like it? But it's not required to her. The point is they would still give these things to make everybody happy. Yes. You know, they need the wife happy.
A
Too, because if not, she's gonna be like, we need to go now.
B
We've had enough. You know?
A
Yeah.
B
So they're sharp.
A
Yeah, they're good.
B
Yeah.
A
It's like people, they're like, we have this criteria. This guy is this kind of guy. Give his wife this, this, this. They'll be here for a week.
B
Yeah. Yeah. And then they're going to get the money in the end.
C
Do you feel like Vegas is dying?
B
It Is definitely thanks to me.
A
Oh, because online of online gambling.
B
No, because of the. This case started as a KYC problem in Las Vegas. Know your customer. So this case actually is still going on. My case, which I advanced sentencing because I didn't want to sit around for two more years.
A
Oh, incredible. That's an option.
B
Yeah. Well, I chose to. And that's why I'm doing time. I probably wouldn't do time. I'd probably get, like, house arrest. But I chose to do the time because I need to move on with my life. I'm a father of five. I'm not making any money.
A
Oh.
B
And I'm sitting here like a duck, just waiting to be in front of a judge. So I said, you know what? I'd rather just, let's just do it. So I'm going to prison. I'm not saying for sure. I, I, I might have still went to prison, but I probably would have got house arrest, you know, if I waited. Because they are currently going after the casinos in Las Vegas. The government, because they overlooked. They allowed guys like me to come in and gamble and launder money and, And KYC means know your customer. They knew I was a bookmaker. They're not supposed to allow me to come gamble there, just like the banks aren't.
A
That makes sense.
B
Okay, so. And I don't blame them. Listen, they're, they're a business. They needed Resorts World especially needed my business. I lost 13 million. My friend lost 12. That's $25 million between two of us. @ the end of the day, that's a lot of money. Right, so them looking the other way and pretending to act as if they didn't know we were bookmakers. I understand it. I get it. But the government didn't like that. So that's where this whole thing started. It's still going. It wasn't about Shohei Ohtani that that's what came out of it. This. But the real reason is the mainstream clickbait title. Yeah, exactly. Of course. But kyc know your customer is exactly why you got debanked. Why I'm debanked. And yours is legal. But federally, as you know, is a problem. But that's why you're debanked. And if you went to a casino and you started bringing big money, you would have a problem. Especially now, because they're all following the rules now because of what happened with my case, they threw out all these bookmakers and drug dealers and in Vegas. And the numbers are way down.
A
A known drug dealer can't Go gamble anymore.
B
No, you can't prove his income, Kyc.
A
They just ruin the town. It's Sin City for a reason.
B
Yeah, well, Sin City is no longer Sin City. So if you go look at the numbers right now, there's a guy at Vegas Policy. I don't know if you've seen him on Instagram. He's got a really big following. He talks about me all the time, sadly. Usually about when I'm in trouble or whatever, but. Oh, he's. He's really good at telling the true stories that are happening in Las Vegas. And I'm giving him a plug here. Not on purpose, but the point is, he talks about why this. The town's numbers are down drastically, and it's really because of this case. Because think about all the casinos that had. The people that gamble the most are guys in the weed business. Bookmakers, drug dealers. People that make money in the gray area world like to gamble. They're gambling already in life. Right. They're toeing the line, so they gamble. So now you take those out of the equation.
A
Now you have some mortgage payment people.
B
Yeah. Eye surgeon, electrician or whatever, which is fine. That they. They all pay taxes and they're gambling, but they also can't go as much. They. They have a job. You know, our job's a little different. Right. Bookmakers can travel and you know what I mean?
A
So it's a domino effect of a little thing. You take you away. You take away 15 other guys that game with. You try. I did try.
B
A thousand. I mean, they. They. The. There was an article that 300 bookmakers got X'd after my case from MGM. MGM Orange Properties.
A
And think of that. 300 people walking around a casino. That's a lot to take out.
B
But.
A
And all they have is putting in money and money.
B
But 300 big gamblers.
A
That's what I'm saying.
B
Yeah.
A
Tables are empty.
B
Yeah.
A
You have one oil tycoon guy, and that's the only guy that can keep up.
B
Right. And that's what's happening. And then also because of that, Vegas has now raised prices. Parking is higher, rooms are higher. Everyone knows that.
A
Notice that.
B
Yeah, it's a lot higher. So when you park in Las Vegas, they charge you now everything.
C
It's so expensive.
B
It really is. Oh, yeah.
A
You just went.
B
Yeah.
C
It was like. I was like, this is a joke. Like, what are we?
B
I mean, dinners. Everything is very expensive. And don't get me wrong, the town is beautiful. They have great restaurants. But it's so overpriced. For a person who doesn't even gamble now that they're shooing them away.
A
Yeah, gotcha. Now they're just tourists that aren't even just there for the attractions.
B
Yeah, they can't afford it, you know, I mean, you're paying 800 for a room, 30 bucks to park a resort fee of this?
A
The resort fee pisses me off every time.
B
It's just all BS charges.
A
So you recharge me. How much for this freaking room? Resort fee. Yeah, I just say, hey, I'm pocketing this. Give me money. Yeah, that's what all it feels like, dude.
B
Just tack it on to the actual price.
A
Yeah, don't tell us what it was. Just tell me inside of the price. Don't. Hey, you want to buy an eighth? Yeah. 40 drop off charge after like. What the. Dude, you didn't tell me that when I booked this. Of course, I hate that dude.
B
Yeah.
A
Okay, so there's, you said there's million, there's thousands of bookies all over. So what, that online casino guy, he built a site kind of like what you had.
B
Sure.
A
Less sophisticated. Okay, but you never met the guy ever. Nobody knows who this guy is. He just knows. You can go to a store, a certain clerk will give you money if you show them your thing. Right, but that's a federal crime, right?
B
Oh, for sure. If he gets, if he gets caught, he's. He's going down.
A
Done.
B
Yes, for sure.
C
So how are you, like, how are you mentally preparing knowing you're about to go in for a year and then what's the plan after?
B
You know, the hardest part of the, the year sentence is really just leaving five kids and a wife behind that truly have been loyal and just had my back and you know, I have a four year old boy. Christmas is going to be coming around. I'll be sitting in a federal penitentiary. Halloween, we're gonna go do Halloween in like two weeks because I'll be in in like three. So in two weeks we're gonna do a fake Halloween. You know, so these are moments that are really tough that I didn't think about when I was making a lot of money and running this business. And selfishly, money was my greed. As long as, you know, I was feeding my gambling addiction as well. But as a father, that, that crushes me. That's the hardest thing I'm dealing with because my job is to provide and protect for my family and I can't do that behind walls of a prison. So that, that's the mentally part, that it's challenging. Of course, it's been two years of like, hell, I mean, in my life. But I'm embracing the hell and making the best of it.
C
Going through court and all that type of.
B
Yeah, you go to court, you. The anxiety of the unknown. Am I doing three or four years? How do I keep my. My family, you know, in their mental capacity tight? How do I pay my bills? We're still living a very good lifestyle. I'm on a. You know, I sold all my Rolls Royce, I sold the Lamborghini. I sold everything. Bentley's, all that shit's gone. I don't even care about that. But I don't want to take them out of schools in a private school. My daughter was at Oregon University. She graduated. I had to stomach, you know, get through that. That's not cheap. Obviously, we still have a mortgage and the basics of life. That I didn't really feel before, and now I'm feeling.
C
Yeah.
B
Because I. My income's gone. You know, I was making a million, million five a month. Now I have zero. It's a goose egg.
C
Were you thinking at the time, like, if I got to go do a couple years, it's not even. It's kind of just the cost of doing business.
B
I really.
C
With all this money.
B
I'll be honest with you. If you go look at the history of bookmakers, very few of them ever go to prison, you know.
A
Oh, really?
B
Yeah, it's usually, I mean, gambling charges, bookmaking charges are pretty minimal. Not, not so much anymore. They're. They're cracking on it now. I think DraftKings and FanDuel will have a little play in that. But most bookmakers, it's just a financial charge. It's, you know, probation, you know. But my case is so much bigger because the numbers were huge and obviously it's high profile. But I think now bookmakers are going to go to prison. I think they're. They're cracking down a little bit harder because the money laundering charges come into play higher.
A
It makes sense, though. If I'm my bookie and I know there's a thousand guys like, hey, I'm gonna lobby against all of this. I need a higher sentence on bookmaking so people stop.
B
Yeah, of course, I, I get that.
A
I understand that, that aspect. I mean, it's. It's pretty terrible because you're a bookie.
B
Yeah.
A
So if you just legally did it, you're a dick. And then you're pretty much xing out all your friends that you started with.
B
Yeah. Competition, though. Get rid of it. And at the end of the day, you know, I knew what I was doing was illegal.
A
Yeah.
B
So I. I never play victim. I really don't. Because I had an amazing life, that I've done all these things. And going back to what you said is going to be really hard to walk into the walls of a prison, have my wife drop me off, and, like, you know, I'm sure I'll be crying like a little girl because I'm leaving my. My wife and kids behind. I'm not scared of going behind prison. I mean, it's not a state prison. I'll be in a federal camp. It's not like, I mean, I'll handle myself, you know, but if I was going to some max penitentiary where it's going to be, you know, serious shit, I'd be shitting my pants, you know, or Aryan Brotherhood and Mexican Mafia and all that. I won't be dealing with that. So that, that's one positive. But I will use this opportunity to rebrand myself, which I've been working on. The minute I got rated, I started writing my book. I started, you know, branding this new. I call it, like, cult behind me. It's pretty cool. Social media I've never had in my whole life. I had to hide everything I was doing. Yeah. Didn't have a Instagram nine months ago. I'm sorry, that's a lie. September. It's been a year now. A year ago, I opened. My first social media account was Instagram, and I have 83,000 followers. But it's all organic, it's all natural. And these people have been really supportive. And you guys know, because you do social media and like, I never knew shit about social media. I don't even know how to do a reel. I'd ask my daughter, like, what the hell's a reel? And how do you put music on it? And what's. What's a hook mean? Hashtag. You know, it's like, I don't get all this, but I do it all myself. Every post I do, I do like three posts a day. And I try to show the world, like, hey, I fucked up. I'm owning it. I'm gonna make the best of it. Thanks for having my back. Read my book. Be part of the journey. And when I come out, I'll do public speaking. Clearly, I'll. My book, you know, it's just a kind of a. To get it out there and show the. The world my story. But I plan on talking to NFL teams, NBA, mlb, whatever I can to Help them and learn from my mistakes and avoid these young athletes and young kids from gambling problems or any problem, alcohol, drugs, doesn't matter. It all relates, you know, addictions are all the same. And, you know, my mindset is strong. That's the one thing I've always had. I own a jujitsu studio. I train, I try. I do a cold plunge every day for, you know, 40 degrees for eight minutes. I do eight.
A
Yeah, eight minutes. Sorry. I have. The longest I've ever heard is a minute and a half.
B
Oh, it's hell. It sucks, but it's like a challenge to myself. It's my daily, like suck. And then it helps reset me. And then I do a infrared sauna. I try to stay healthy. I'm 50, so I want to live long. And I put my body under a lot of stress, obviously all self induced. But I have big plans and they're filming my documentary right now.
A
Nice.
B
Yeah. So I'm hoping Netflix picks it up and then I have a couple of feature film offers. So Wolf of Wall street would be exactly what I see coming.
A
That's all I was thinking was just jet passing, jet passing. Like I can see the montages in my head right now.
B
Yeah. So if you. The directors that I've been talking to, which have been some really big companies, Seven bucks with Dwayne Johnson, Jason Bateman, all kinds of big names. If you took a movie, Casino, along with Pursuit of Happiness and you added, you know, wolf of Wall street, basically because I was a commodity trader. If you put all three of those movies together, that's kind of the envision I have for a movie of my life story.
A
Well, Casino was the first thing I thought of because the. Well, another thing, when you said, well, I'm not supposed to be in there, I was like, oh, like Joe Pesci and Casino and like, you're not allowed to be in here. The board's gonna see you and take my license. That's real.
B
Yeah.
A
It's the casino's job to make sure that they keep unwanted people out. And if they're not, it's almost as like they're letting on tainted money. Come in. So that's why they're getting cracked down.
B
Correct.
A
Government's dick. That's a dick move, dude. You're gonna kill. You're gonna. They're gonna kill Vegas.
B
It's hurting for sure already. I mean, they're gonna have to redirect how they monetize and make as much as they used to make. And Vegas is having a tough Time figuring that out right now.
A
There's no other way. Yeah, there is no other way besides gambling. I can go to the sphere 50 times. No, there's not enough. I don't want to get. I don't want to go to Bellagio and look at the statues that much.
B
No, it was built on gamblers.
A
That's what it's for.
B
I mean, if they find a way to bring back the old mafia type service, you know, days of like, how I'm 50, I'm older than you guys, so, like, I saw a little bit of the, like when I was 20. One example of that, like, the service that, that, okay, 29 years ago when I went to Las Vegas, the service was 100 times better than it is today. Like, if you wanted something, you wanted a milkshake or something as an example, something odd, they just go get it. They don't write up a comp slip. They don't, like. Now it's like, okay, let me see your players card. I got to get approved. You know, I mean, it's. Everything has to be documented, justified because the bean counters that are behind these corporate, you know, casinos, everything's accounted for. It's not about actual service. And before I was, you know, when I was a boy, young boy, like when my parents went to Vegas, that was the mob days. I mean, you walked in that place, they would just. The mafia would just walk you into a restaurant, open you a table. If you're a gambler, I'm saying, and you got treated the way you're supposed to be treated, there's no, oh, how much did you gamble on this, this trip?
A
Oh, yeah, they won't give you, like, oh, you didn't hit the limit. Go hit the limit, man. You told me just to tell you how much you spent.
B
Yeah, like.
A
Yeah, well, we can't comp that. I go, that's why I played here. Oh, yeah, it's happened before. I mean, my friend, I've watched it happen.
B
Yeah, of course. And it's so, you know, backwards now. I mean, don't get me wrong. You. You. You give comps and. And these, the service to the gamblers. So I understand that you have to make sure they gamble, but the mafia knew who was gambling, who wasn't. Without writing down players cards and tracking everything, everything's just so government regulated.
A
Do you think it's safer, though, being government regulated? Because if it's a mafia guy, and I just want 2 mil at your bank, at your casino, do you have to pay me?
B
Oh, they'll pay you with a smile. That's not the issue.
A
Oh.
B
The issue is if you lose 2 million, you don't pay back in the day. That's where the violence comes in. So, yeah, it's definitely safer.
A
Now the other way. I'm like, dude, do they really want to pay me or just beat the out of me and kick me on the back?
B
Now the Mafia would.
A
That's scary.
B
Back in those days, they would pay you with a smile and, and welcome you back.
A
Incredible.
B
If you get beat, you get beat. Yeah. You know, they, they. The mafia would definitely pay. But if you lost 2 million and you didn't back then, you know. Yeah. You could have a problem. You have the wrong people showing up at your house. And that's the side that definitely is not there anymore. So I get that there has to be a fine medium, you know, where it's.
A
Well, in the casino. It's like the service is done. Something's gone. The old place is gone. Now it's just corporate things and families just kind of like what you said. It's like. And it'll take you two hours if you order room service.
B
Right.
A
Literally what you just said is the end of Casino. That's how they end the movie.
B
Right? And they, they're showing that actually that movie shows where, where it was going. And then now if you had a new movie, it would be end. Whereas where that ended and then it would get worse, you know, because it's even more corporate. Look at the. If you go watch the movie Casino now, you'll see how he shows at the end of the movie Excalibur, and they show the stardust being blown up. And. Yeah. Go look at a picture of the Strip now. Compared to just when that movie was done, it looks. It's twice the size. There's twice as many casinos. It's twice more modern.
A
It's the, the modern thing is the twinkle bright lights is what gets your ass there. And the modern shit looks nice. It's cool. But like you said, like, it's a very corporate experience when you go to these places. I have to have my players card.
B
Yes.
A
Which. That's all I know. I've never anything other.
B
Right.
A
But for you or for people that have that take it serious. Like, it's not. Besides Vegas, where's their place to go in the world?
B
For a gambler, Monte Carlo's amazing.
A
Yeah.
B
Monte Carlo is the real deal. That's my favorite place to gamble.
A
Really.
B
Oh, God. It's amazing. But I've been to the Bahamas, fantastic as well. Dominican Republic, Panama, London, all these gamble. Oh, yeah, yeah. On big levels.
A
Really?
B
Monte Carlo won 1.4 million with my wife. And we, I was, I was gambling with billionaires everywhere. I mean, Monte Carlo's real money. You want to talk about money?
C
Where is that?
B
It's, it's south of France.
A
Oh, the guys coming on their yachts.
B
Yeah, I mean real yachts, like Newport beach has nothing. These are little toys compared to. These are chics from Dubai and Russian oliguards. And I mean real, real money.
A
That kind of scares me, I gotta be honest. I mean, you've been around billionaire. I don't know why, but that amount of money makes me scared. Get the, away from me. I don't know what you're into. Are we gonna get taken down right now? Because you're into some, right? I just like, there's so much money on that. People hear money and they get violent. They want to take that. It's like, I wonder what you have to deal with as a billionaire. This is your yacht. I don't be around. Those people scare me.
B
It's wild. I, I tell a story in my book. When we went to Monte Carlos, working out of the gym at the really nice hotel there's. And these two younger Russian, you could tell that they were serious individuals. I was working out and just rapping with them. I'm pretty personable. And then we end up. I said, come to the casino. Let me see you guys gamble, you know? Well, they said they were staying on a boat. And then I looked out the window and I saw their yacht and it looked like a spaceship. It was, it was, I'm not joking. We looked it up. It was like $300 million.
C
Damn.
B
Yeah. And these guys look like they're like 35 years old. I don't know if that was their Dad's or what.
A
300 million dollar boat.
B
Yeah, we look, it's a, well, it's a yacht, obviously, but I mean, I.
A
Didn'T even know boats.
B
Yeah, no, no, it looked like a spaceship. I'm not joking. Like, it was so modern and like incredibly looking. It almost looked fake. But that's the type of money that's in Monte Carlo. And they were from Russia, obviously, and I don't know what they're into, but I was trying to get into the casino and gamble with me, you know, just talking, having fun, whatever. I'm like, you know, see what this crazy American kid will do, you know, because I, I, I, those type of people impress me. I'm impressed by money. So I just, I like to kind of get in their head a little bit and see what. Just what the way they act or what they're thinking. Yeah.
A
When you see someone with that level of money go, what's your brain work like? I want to see what. Because you're not like mine? No, because you have to deal. Just dealing with the thought of knowing you have that much responsibility is a different type of person. Yeah.
B
I mean, you can see the helicopter on their yacht, you know, so it's like when you see a helicopter on a boat, they're doing something right. Literally. I could see that. The copter. I was like, okay.
A
And the thing is, like, when you say that, like, money, like, that impresses me. It's not like, impressed, like, wow, you're rich. It's impressive. Like, what do you do to sustain that? Yeah, that's what I think of, like when we see houses ago, what do you do and how did you sustain? Because you could do whatever. People get rich all the time and they go broke, but to keep it.
B
It.
A
Yeah. How do you keep it? That's what I want to know. How did you keep it going? And so when you see a boat.
B
With a helicopter, because a yacht is definitely keeping. That means you're, you know, your upkeeps.
A
100, 150 bands on a thing like that a month.
B
Yeah. At least this thing was even more. Because, you know, you could tell that they have obviously multiple maids and butlers. I mean, it's like the. The crew alone has got to be outrageous. Oh, and then the fuel and just.
A
I don't think I ever want to get to that.
B
I mean, you wouldn't mind.
A
I just don't want people around me like, yo, I'll clean up myself. Get the out of there.
B
What are you doing? When you have that much money, it's up to you. I doubt you're going to clean anything, though.
A
That's weird, though.
B
Yeah, it's crazy. It is a little uncomfortable for me.
A
Uncomfortable? That.
B
Let's just say, you know, comfortable. I. I don't. I don't ever want somebody like, you know, picking. Picking up after me to that point.
A
Yeah.
B
I don't mind a housekeeper coming to my house every couple weeks and cleaning the toilet.
A
That's different. Yeah, yeah, that's definitely. I just got over that. Last week we said I got the cleaners for the first time in my life. I did eight hours of production, productive ass things and I was like, my house is clean. Holy. I get it now.
B
Yeah. That. That works.
A
That works.
B
But every day in your business now, it's a little too much. Yeah.
A
Every time someone gets in trouble, the maid snitched on, I'm like, it's true. I switch her out every other week. I need a new person, dude.
B
Yeah. I love it.
A
Okay, so you're getting ready. When you come out, it's a new lease on life. You have a whole new thing before. I know we're backtracking. But you said you used to have a regular job and a regular life. But you said you started gambling, right? Starting these rings when you were young. Is this still going on as your regular life is going on?
B
Yeah. So I was a commodity trader. I worked at a commodity firm. After I got the job, as you mentioned earlier, as a waiter, I got an opportunity from customers coming in, and I took it and I. They hired me as a mail room boy.
A
Wait, I'm sorry. You're a bookie and one of your clients is like, hey, your work. You want to work for us?
B
Well, let me go backwards. When I was 16, I. Oh, you're.
A
A kid when this happened.
B
Yeah, I've been booking since I was.
A
I knew that. Yeah, I'm talking about when you get the job offer.
B
I was 18 when I got a kid.
A
Okay, I get it.
B
And so I went to this company and it was like Wolf of Wall Street. I didn't even know I got this. I got a cheap tie at Marshalls. And you drove down to this company and a 400 beater, and they had Ferraris and Mercedes. It was actually an Irvine off jamboree and Barenka. And I was like, what is this, man? This is incredible. And it had that. Everyone had headphones on, and they're buying and selling and moving their hands around just like you'd see so.
A
Really? Like in the movie?
B
Yeah, 100%. And I didn't know what the hell it was. I was like, this is awesome. I don't care. These young guys are. You could just feel the vibe of money, you know, and like, action. And I love that. So I walk in and this guy grills me in an interview for hour and a half. And he wasn't the same guy I met the restaurant. He was not.
A
Oh, wow.
B
I was like, why are you. You're 18. I. I told him that I just knocked up my girlfriend, my ex wife, which was another problem. I'm not even responsible myself yet. But he's like, you haven't gone to college. You have done nothing with your life. You know, I'm like, damn, this guy was so kind at the restaurant, tipping me extra and shit. And he just belittled me. And I was like, no way I got that job when I left the interview. And he called me back like a week later and came back and I got belittled again. And after about 30 minutes, I said his name was Mickey. I said, mickey, listen, you pretty much told me what a loser I am for the last, you know, two interviews. All I could tell you is there's nobody in this company that's gonna work as hard as I do. Nobody. I have more grit, grind, determination than anyone here. I'll guarantee you that. So if you think I'm retarded and you don't want to hire me, I don't need to hear about it anymore. Like, and I said it very respectfully, and I said, you know, if you want somebody who you can mold and make a sponge and who's gonna learn and become an amazing whatever the hell you guys do here, because I really didn't still understand what the hell it was. I'm that guy. If you don't, there's no reason to sit here and tell me how stupid I am. And he respected that and hired me. And it was great. What I didn't realize is I was starting in the mailroom, and the mailroom sounds like a job, and it was. Financially, it was 1200 bucks a month. But back then that was actually decent for me. And it was 60 hours a week. But in that mailroom position, I was his personal assistant. I had no idea. So I was getting molded by this guy who was a mentor that I'll never forget. He's one of the smartest men I've ever met in my life. So getting that sponge of working with him directly and. And he was very intent on always teaching people about life and, and like giving back, you know, and training. And he was so strong minded. So I started developing, got better and better. And then I was like, what the are these guys doing? Oh, they're trading commodities. Trading places. Eddie Murphy movie, right? Basically, instead of stocks, it's gold, it's soybeans, it's corn. I'm like, I want to do this. So when I would get the phone calls because there's no Internet, then the call would come in and I would be the guy who would transfer to the broker of the day. The phone call, A sales call, right? And I would. Headsets. I would hit mute right When I sent it through, and I would just listen, I'd hear the sales call. I Was supposed to hang out, but no one knew. So I just sponging how these guys are selling. I already sold the Orange county register of selling baseball cards. I did a lot of things as a young boy that developed like kind of charismatic sales training, but not real sales. So I'm like, I can do this. This started. So I said, what, what do you have to do to be a broker? You have to pass a Series 3 exam. It's the seventh hardest test in the nation. Oh, and I never went to college. So I fucking grab a book and I make a copy of photocopy the whole this thick and I just are studying. And this is a time in my life where gambling got set aside. I was having a child. I mean that's what motivated me. So I just studied and I went to the owner, Mickey, and I said, listen, after about six months, I gave him a stack of flashcards and I said, I'd like to take the serious re exam. And he's like, you're in the mailroom. Like we don't offer that until you're an assistant broker and you can work your way up to that, but one step at a time. And I said, no, I want to take it now. He's like, you're not ready. We're not going to sponsor you. It cost us money. So I hand him the flashcards. I said, well, why don't you ask me some of the questions? Okay, you're serious, huh? So he asked me some questions, of course I answered them. And he says, all right, well, when we promote you to an assistant broker, instead of waiting, since you're studied, I'll get you to, you know, to take the exam. And I said, that's not good enough. I said, I've already proven myself. I said, tell you what, I'll make you a deal. If I don't pass the exam, you can fire me. He's like, you want to risk your job and your career? I said, you're damn right I do. I will pass. Okay. So it gave me an opportunity. I went and got a 72 and an 83. You have to get a 70 on both parts. I barely passed the rules and regulations part. And it was one of the best days of my life. I drove back to the commodity firm with this government regulated Series 3 exam license from the state. And I immediately said, let's go hire my replacement. And so we did. And then he, because of all that, he put me with a top broker of the company. So I got even better sales training. And we pretty much were number one every month. And then about a year went by, I put in my time and an opportunity arose and my first taste of real success. He says, we're losing a lot of business to discount brokerage firms and I'm going to give you an opportunity. I trust you. You work with me directly, you've proven yourself, I'm going to have you open the company. So let's go. So 20 years old, I opened this company called Newhall discount and within six months I was the number one broker in the company. Within a year I made $350,000 and my home that my parents lost because they were divorced When I was 12, my dad was an alcoholic, they lost the home and my mom moved to a mobile home park, which was really demoralizing. I purchased that home and at 21 I moved in with my 2 year old daughter and I was sleeping in my parents room, which was really eerie.
A
That is weird.
B
Yeah, it was really cool. So meanwhile, I've always had this, you know, addiction to gambling and loved it. So now between like 19 and 21, I was taking bets again because I had a little, little bit of money.
A
So they have some breathing room.
B
And I have guys who are young, successful, doing drugs, hookers and gambling because they're young, just like you see in Wolf of Wall street, some family guys, whatever. But for the most part, they're just making way too much money for their own age.
A
Yeah.
B
And I said, you know what? I'm gonna monetize this. So I started taking action and guess what? I built a big business, starting then. And then once the Internet came aboard, I saw scalability and I went for it. And that's when I really built a business. And about nine years later, 30 years old, I sold my company, a commodities firm, and I never looked back. I've been a bookmaker ever since, at the biggest level.
A
So is it the rush because you're making money doing this?
B
I hated this.
A
Oh, you did?
B
I eventually hated it. Let me explain to you why this is the, this is the part of. It's funny in my book that I describe trading commodities. Unlike stocks, 90% lost their money.
A
Oh.
B
Morally it was really hard. I mean, I'm not an angel. I've done a lot of things I shouldn't in my life. So I want to be clear, I was making a lot of money off commissions and earning off people losing, really. Not trying to make them lose truly, but you just couldn't beat it. It was so difficult slippage on the markets, commissions were really high. We were charging a lot, so. And now it's like a dollar. We were charging 95 bucks a trade for one. One contract.
A
Oh, wow.
B
So morally, I just felt disgusting after I started developing more as a human being and as a person. And I said, you know what? Gambling and taking bets from people who are entertained and they want to. They come to me and they lose money to me and they don't care. It's fun for the most part. There's a few that, of course, we talked about get over their head. Whatever is way better than me calling some Iowa farmer and asking him for his entire retirement to invest in something I know he's probably going to lose 80% of it, you know, or whatever. And even though that paid me a lot of legal money, it felt disgusting, especially over time. So I just started shying away from that. And then when I was able to walk away completely, even though I went into something completely illegal gray that was. I'm now going to prison for, it felt so much better. So my story in the book shows this because from the outside perspective that people don't know me or don't know the story, they asked that question, why you had all these opportunities to make money legally. And I still did. I could have chose a different career. So it's my poor choice again, I own that. But now that I'm sitting here today, I'm more confident I'm going to make more money in the next 10 years than I will the first 50 of my life. And let me tell you why. Every business I've been in, it's been win, lose. The person on the other side of the phone or business deal for me has been losing. I need them to lose for me to win. Now it's win, win. I'll be on a stage getting paid 50, 100k to talk to young kids or older guys. Doesn't matter. On motivating them, teaching them to learn from my mistakes. How do they overcome adversity? How do they get their mindset right to deal with situations which we all have? They don't have to be gamblers. They could be starting a fucking podcast. They could be starting a ice cream business. It doesn't matter. We all have a story and adversity to overcome and different backgrounds. So why not teach people to learn from what I've done?
C
Love it.
A
That's what this is. So we always give business. I do full how to get your LLC do a whole video on it. But how to do this because we have on a clothing company like don't do this and don't do because they're going to cost you money for nothing.
B
Right.
A
Or like we said, if you're starting a landscaping business or you're helping somebody do a store, like, the basis of and the foundation of all of it is try to be better than you were yesterday and can you do the best job you possibly can because it's your reputation, even sweeping. But who the swept this?
B
Right.
A
But. Oh, he did. Like, you suck, dude. Or if like, damn, who swept this? Exactly.
B
Right.
A
That's why when everybody's saying, who did this?
B
Yeah. Everything you do in life has to be 110. I don't care if it's picking up dog.
A
Exactly.
B
You pick up every dog in the backyard. You don't leave a little squirrel. You grab everything.
A
Everything.
B
That's what I've done my whole life. And it transitions to everything you do, and I'm all in. You know, everything I do is all in. I mean to. Sometimes it's to my detriment if it's something bad, right?
A
Yeah.
B
But if you can hone those skills and do something positive and you know where you're driving a force that everyone's winning and learning and you're helping people, that's scary. I've never done that. This is my first opportunity.
A
I see what you're saying. Yeah. Everything's a win, lose, win, lose when I get you.
B
So win win is going to be like. Like, I don't have to look over my shoulder. Am I being raided by the feds? I don't have to worry about, am I paying the right taxes? I don't worry about. Because I'm gonna do everything perfect. And guess what? I'm gonna sleep at night, never look back. And I have never done that. So I know what's going to happen.
A
What an anxiety to have.
B
Yeah, it's. I've lived that for my. It's been great at times, but it is anxiety, man. I mean, you got kids, you gotta worry about the door being banged down by the feds. I don't have to worry about that anymore. Those days are over. I got to worry about going to prison. I got to get through this. It's going to be, you know, it's going to be something that's difficult, but it's another part that I could tell people to learn from so they never end up there. They never make these poor choices. And guess what? If you are, whatever business you're in, be a sponge. Be better. Learn from people that are better than you and learn from everybody. I can learn from a homeless person, anybody. Yes, you can learn from. They don't have to be richer than you, and I have to be better than you. You can learn from every person. Something, you know, and. And that's something I've always done, but I'm even more, you know, honed in on that.
A
And now you're at the age of, like, I've lived this insane Wolf of Wall street life. Now the next part can be Wolf of Wall street, just legally and.
B
And times 10. You know, like what you said earlier.
A
So many opportunities open from.
B
I'm different than you. I want that yacht.
A
Oh, yeah, yeah. I'm just afraid of the water, man. I just have a fear of the water. That's the only reason I don't do boats. No, no, I get it. Because, like, I. Like, we grew up on welfare and, you know, we talked about yesterday. There's times where I didn't get lunch tickets because somebody didn't sign me up. Mom, we're poor. We need those lunch tickets. So sometimes. But hey, man, I'll trade you this for a lunch ticket, right?
B
You hustle. Yeah, but it made you who you are, though, man.
A
Yeah, it's.
B
It's.
A
Making something out of nothing is so fun.
B
It is, man.
A
I'll go find 10 cans right now. I got 50 cents. Watch what I do. That's how I bought my packers jacket. I was eight years old. I took me three months to find change and coins and this. Do little jobs, do little odd jobs. Mow the lawn, find the neighbor, do that. It. You're good. That would be the time when I buy a house. Like, I'm do this and do this, do this. Now I can buy. It just translates, dude. I don't remember ever thinking different from a kid.
B
Sure.
A
Everything's been the same. My first job, I was five.
B
All of these things that you now have are from when you're a kid.
A
Always they are.
B
Because who we are as a kid ends up transitioning to who you are as an adult. And all these values and these hard work and all these things you've learned and appreciating things and respecting the value of money, which I lost personally, to be honest. I have it back now more than ever. And I think it's just. I'm actually scared of my future in a positive way, because I just know what I'm going to do. I've always known. I've literally always known that I've been undervaluing what my potential was because I was a bookmaker and it was illegal and I just kind of have to.
A
See in the shadows.
B
Yeah, I didn't feel right. I mean, it felt right when I was on a plane. I'm enjoying caviar, don't get me wrong. But it didn't feel deep down right. This, this feels right. And I'm going to prison and I feel better now than ever.
A
Wow.
C
So interesting.
A
That's a statement I've never heard in my life.
B
Well, you, hopefully you never hear it again. I'm an abnormal.
A
No, that's like, like mar this. I was shoving snow. I was doing this. But it just. As a kid, man, it really, it really matters. That's why, like, now that I'm older, I see a kid. Like, I like that kid. Look at that kid. That. You see it. Like, that kid's gonna be cool as there's. You see those in people. And I, I think it's now that we're older, like, okay, now how can I mold it? And now that you're at the age, like, how can I mold this 40 year old? It doesn't have to be a kid.
B
Right.
A
There's so many people out there that like I always say, Ronnie Dangerfield got famous at 55 years old. That's a long time to wait.
B
That's true.
A
But then after that skyrocketed.
B
Yeah.
A
You know. Yeah, of course. So I don't think it's your age. I think it's your, it's your mindset and where you are in life. I mean, there's 65 year olds going back to college life.
B
You're never too late, man.
A
Never nothing. And you never know what it's going to be. No, because you never know. What if he has the best entrepreneurial youth leadership on planet Earth? He makes a billion dollars.
B
There's the. Listen.
A
Endless.
B
The opportunities for us in this world is insane. It's, it's, it's got. There's so many that we don't realize. Everyone, this is the problem with young people. They don't realize opportunities are flying by you. You just, if you don't have your eyes open, you don't see it. You know, we've all had those and missed them. We don't even realize it. So the minute you can actually just open your eyes and find those opportunities, I mean, you guys started your business, your podcast, all these things because you saw an opportunity and you're running with it now. It's, you know, paying you. You're making money because of it. Right? But you have the balls to do something about it. You have to have, you have to take risk. You know, sometimes you fall, man, you should just try. Yeah, you got to give it a run. People are scared.
A
I think they're scared to fail. But failing's fine.
B
No, you learn more from failure.
A
I won't do that. Next, the next business Amazon started in a garage.
B
That's right.
A
Or Apple or whatever. Like there's so many things like it's almost motivating and like really exciting to when you up, I'm like, oh, I'll never let that happen again.
B
Well that, that what you just said is so imperative because if you embrace the, the suck and the failure, then the wins feel a hundred times better. You know, if you're a spoon fed trust fund kid. Most of them are so unsuccessful in life and unhappy. I mean, don't get me wrong, I wish I was one of them just.
A
Because it'd be all the time, but.
B
I really don't, you know, because at the end of the day you just, you'd be a, like you wouldn't appreciate anything, you know, and, and you appreciate things because of your upbringing, you know?
A
Yeah. I think that's, that really defines people too. It does like differentiate grind.
B
You gotta, you gotta feel those suck and feel the pain or learn from those moments to, to not go back there. Right. And to appreciate the things you have.
C
Absolutely.
A
There's a lot of knowledge coming out of this. I like this a lot, man. I always try to take one thing like personally in my brain away from each guest and like I'll find it here in a minute. But there's so there's a lot here because I've never heard anybody say like I'm about to go to prison, my life changing. I'm all my money's gone and it's the best time in my life. Hey, I think that's a. Having a path and a direction is better than a $50 million. Really? Yeah, because you can make a hundred off of that brains of that mindset.
B
But really isn't life about the journey? It's not really the destination anyway. Like yeah, we all make all this money and you know, you, you want all these things, but you want to enjoy it along the way when you die and you're the richest. You usually are when you're older. Right. So you can't really enjoy a lot of it and you just give it away anyway, whether it's your kids or, or probate or whatever happens. So why not just enjoy the journey and, and just enjoy the suck I mean, nobody wants the suck, right? Nobody asked for it, but when it's there, you gotta embrace it.
A
And there it was. That's what I'm taking. Enjoy the suck. For real. I've been. We talked about it last week. Like, I've been clicking the movie Click. I've been doing it for about like five years. And I'll notice a month goes by because I'm waiting for a date because I don't want to deal with all these days. And I'm like, wait, it's been three weeks.
B
Weeks.
A
I lost three weeks. And like, embracing the suck. Like, like you said, like, waking up. I don't want to wake up at five in the morning. It's gonna be better for you. It's gonna be good. Like I tell you, I'm popping up. No more alarm clock. Just get up.
B
Yep.
A
There's a lot of. There's a lot of things that I've, I've noticed the past couple weeks. Like, there's a lot of turning points. You can be at any age and like, the turning points are coming for sure. And like I said, embracing the suck is a good way to do that. Cold plunge. You said get the suck out of the way. Eight minutes.
B
You know what's funny is when, when I. Nobody want. I don't want to jump into 43 degree water.
A
No.
B
Right. But when I get out, I'm like, man, I've just accomplished something shitty. And my days already started off good. I just went through something that I didn't want to do.
C
It's gonna be the shittiest thing I do today for sure.
A
Yeah, get it out of the way right away.
B
Right.
C
When I was in college, they called that eating a frog. Like, if the worst thing I gotta do today is eat this frog. Yeah, I'm gonna get it out of the way right off top. Because everything else can be some east coast.
A
Let's eat this frog.
B
Hey, frog legs aren't that bad. But, but you're right, though. You. You get the hell over with and then you appreciate the rest of your day. And we all struggle with getting complacent too, you know, that's what I was. Very complacent.
A
That's what happened. Yeah, it's weird, but it does happen. You never think it will.
C
Oh, man, what a story. I'm seeing the movie in my head.
A
Oh, for sure. I can see the movie.
B
Yeah, it's, it's. I got an offer right now. It's, it's, it's, it's gonna happen. I'LL make it happen, you know, somehow.
A
Somewhere, then there it is. If you say it's gonna happen, it will. You're gonna get it done. Two B movies get made. You're gonna make the sick movie.
B
What is today? September what?
A
13Th.
B
13Th. So you'll look back at this and mark my words, within two years you'll see a doc on my life. And within five, you'll see a movie. And then we can. We can actually. You can have me back on if I years because I'll be more famous.
C
We'll cut to this at the end of the movie. You Babe Ruthing it back to the credits.
A
Speaking of. So this Japanese guy's better than Babe Ruth. And I got to see that. I'm gonna watch some highlights today. I did not know.
B
He's amazing.
A
I just thought like, all these Japanese fans were here because, like, we're in here. You know what I mean? When another player from another country comes, they support so damn hard.
B
They do.
A
I love it. There's a Mexican wrestler. That little fool in. In wwe. Let's go.
C
Are you and him still cool? He took the picture with next to his jersey. Like, you and him are all good.
B
I don't know. I mean, listen, we. We've never really had a conversation.
C
Oh, gotcha.
B
Because he doesn't speak well, back then he didn't speak any English, so I don't know what he thinks of me. I imagine he's not a big fan because even though I didn't do anything directly to him, nothing wrong to him, I kind of. My business was something that, you know, tarnished him in a sense. So thank God. It's a tiny tarnish. But I wonder, you know, I'd love to meet him.
A
Wow, what a.
C
It's interesting.
A
I'd be so bitter. I love the fact that you're not just sitting. I hate baseball. I was like, Becky, Benny, hot out. Like in, like in Wall Street. That's how I would be saying this fool's name.
B
Yeah.
A
Be pissed, but I get it. No, I understand. It's not like he got you in trouble. It is. It comes with it. You knew it was going. But I like this outlook. This is very cool.
C
This is motivational.
B
There's more.
A
I feel like there's a lot more. I feel like there's a three hour spree of like, all right, these are Vegas stories for three hours.
B
There's a lot.
C
Did you ever see David Cho's interview.
B
On Rogan David Show? I did not. I'm trying to get on Rogan that's my goal.
A
That'd be very interesting. Yeah.
C
You should watch it, because he's an artist. He. He's famous for painting the Facebook offices, and he took stock.
B
Okay.
C
So then he got super rich, but then he became this degenerate gambler talking super. He told all these. But he's on drugs, I think in all these stories.
B
Yeah. Okay.
C
But check out that.
B
I will. I didn't even know that. Yeah. That's awesome. I like Joe Rogan. He's got. He does some really good guests.
A
Yeah, that. That, for me, was the place of, like. I didn't even know that was a science. Cool. Let me learn about some. It was like watching a very elongated, high version of Bill Nye the Science Guy, because I'm. I'm gonna learn something from these people.
B
Sure.
A
I like it. It's. It's fun. And now I don't like politics, so I kind of stay away a little bit.
C
You could be better in a conversation based off that. Whatever you listen to. I remember, like, before I moved here, and, like, I sound halfway intelligent right now to these regular. Of the. I've been listening to On Rogan, like, for sure.
B
Right?
A
You'll get there, man. That's gonna be sick. Yeah, this is. I mean, I feel like. I feel like we can keep going, but for everyone out there that wants to know more, because you have one year. You'll be out doing your thing. So this time next Halloween.
B
That's right.
A
You'll be out doing your thing.
B
Hopefully we'll do round two here with you guys. Recalibrate after the sentencing. Yeah, recalibrate.
A
Amazon.
B
Amazon or my website. Or audible. Yeah, audible. I just did. It's my voice.
A
Yeah, audible. Yeah, I got. I got that one, too. Because Amazon, man, they delayed a whole day to bring it.
B
I got. I got you.
A
No, I know. I just. If you didn't, I'd be pissed. I. I always try to get something like. I don't know. I just. I feel like. Like there needs to be more.
B
Sure.
A
There's. There's. There's more potential for everybody like you right now. Like, you're going through the weirdest time of your life. But it's the most positive same thing. Like, I just. I feel like things need to change, and I feel like. I don't know.
B
I hope. I hope I can motivate you. You and anyone listening to be better in their life and. And make a change that's positive. I mean, truly, we all have something to work on. You know, it could be Exercise. I'm always trying to be the best version of myself. Right. So what motivates somebody to be a better version? If it's a cold plunge, if it's a diet, if it's, you know, whatever, just getting off the couch and instead of sitting there eating chips. And if I can help motivate that person or quit drugs or drinking or whatever.
A
Or gambling.
B
Yeah. Or be better in, in their job or maybe leave their job and go do something. Take some risk and do something better. Follow their passion. And there's so many things that you could do and like, we all can and we need to hear it. I mean, Tony Robbins needs mentors and people to tell him. Right.
A
We all need complacent.
B
You know, everyone needs somebody to tell them because we, we get complacent and.
A
I think don't even notice it.
B
That's. Well, that's why it's complacent.
A
You don't even, you don't even see it and you see a picture go, I forgot he should do that stuff. Yeah, that's how I feel. That's when I start feeling real, like lost on earth, like, where have I been?
B
Yeah, because you're just grinding. You're doing what you think is right every day. And there's little things that we all do that add up, you know, in a negative way too. And positive both, you know, and. Yeah, you just gotta feed the positive fires as much as you can.
A
Well, like you said, it's not a problem to you broke. Well, it's not a problem until you're not positive and then everything's negative. And then that's when it starts. That's when people get downward spirals.
B
Yeah, yeah. Resort to drugs, alcohol, gambling, whatever. I mean, but like you said, as.
A
Long as you're not broke, doing it, everybody's okay with it. Yeah. This is a, A episode about self reliance and self determining, truly. Because you're not going to do it. You, I mean, nobody else can do. You have to do all these things yourself. You have to go like, I'm done doing this. I'm done now. I'm going to jail. I'm done coming back better.
B
So high.
A
Exactly.
C
And I'm totally cool with that because I'm a reset button head. So it's fine.
A
Perfectly fine.
C
No problem.
A
I love this. This was great. Thank you.
B
Thanks for having.
A
This is awesome. Yeah. We've been here for over two hours.
B
I think that's a good sign.
A
Yeah, no, it's always, it just. I always want to look because Usually I'm right on time. Like 1:30. Damn. We're 40 minutes over what I thought. Let's go.
C
Took anything from this Josh Allen, Right?
A
Get out of here, Bills. This was the most biased person on earth.
B
I said the wrong. You should have told me.
A
Oh, man. The last three weeks have been. Oh, he's been a menace.
B
Dude.
C
I talked so much last episode.
A
Oh, my.
C
I felt bad watching it back. I was like. A lot of that just slipped out.
B
I'm sorry.
C
Fans out there. That was nothing personal.
B
I could have used it.
A
If the Ravens just didn't. If the Ravens didn't just lose. We have a different version of Mario. I had to be straight and low.
B
I can tell you. Josh Allen. I've met him many times. He's a great. I've gambled with him. He's a great guy.
A
Nice.
B
Oh, nice.
A
Good to hear. He's from right by my hometown. He's so excited.
C
He lives down in South Osino, right?
B
He does. He's gotta. I think he just sold it, though. He lived on El Niguel golf course, but I heard he just sold the house.
A
But he's.
B
I think he's still in that area. But yeah. Great guy. Really good dude.
A
I always love to hear that about athletes I already like. Let's go. What an example.
B
Probably one of the favorites I've met.
A
Yeah.
B
Yeah. Like, cool person.
A
Really just made him more.
C
I love to hear.
A
So more excited.
B
Yeah.
C
I always assume there's a piece of. Underneath the surface of these guys, but there seems like with him.
A
Oh, yeah. There's some.
B
Yeah.
A
Brett Favre. I'll never let it go, dude.
B
He won't be on this show. Show.
A
He wants to come on this show. He's got to talk like Hank Hill the whole time.
C
He's a recurring character on the show already.
B
Okay.
A
He's.
B
Yeah, he's very popular. Long.
A
It's a long story.
C
He did Thomas wrong as a child.
A
No.
C
And never. Then he did the state of Mississippi wrong.
B
That case did not make.
A
He could have just sold a bunch of jerseys and got the same amount of money. And stealing from poor children.
B
Yeah.
A
It's a villain.
C
You are a villain.
A
That's Mr. Bird, man.
B
Yeah. That's a rough one. Oh.
A
Sorry to end it on such a terrible note, but don't steal from the welfare department, guys.
B
It's a learning curve. This is what not to do.
C
How did he avoid jail?
A
He's pretty far, dude.
B
Yeah.
A
That's really what it is. He's Brett the Million Dollar man went to jail. It was his co. His co. Defendant. Right?
B
Yeah.
A
All right, let's get out of here before we start talking about pissed off. Matt, thank you so much for being here.
B
Thank you.
A
I appreciate, everybody. Amazon recalibrate.
B
Yes, sir.
A
And then audible. And then. What's your website?
B
Matthewboyer.com with one T. With one T. That's right.
A
All right. To make it a little harder for everybody out there. That's why you're so determined. It's with one T, dude.
B
No, you know what it is? My parents didn't know how abnormal I was going to be, but obviously they did. That's why.
A
Yeah, one T. Let him deal with it.
B
Yeah. This guy is a. He's out of his mind already before he's born. So let's call him. What's one T?
A
One T is ass. And, you know, throw a silent W in there.
B
Let's really throw this off.
A
Right?
B
All right.
A
Thank you for being here.
B
I appreciate you. Thank you.
C
Thank you.
A
Marty, Matt. Guys, it's been the dope usual podcast. Have a dope ass day. Perfect.
B
Perfect.
Hosts: Thomas Araujo & Marty O’Neill
Guest: Mathew Bowyer
Date: September 16, 2025
This episode welcomes Mathew Bowyer, notorious bookmaker and gambling entrepreneur, who dives deep into the reality of the underground gambling world, the nature of betting addictions, legal gray areas, celebrity clients, comp culture in Vegas, and his own journey—from hustling cards as a kid to running the largest bookmaking operation in the US and now facing a year-long prison sentence. Bowyer discusses the rise and fall of his empire, the influx of AI and computers into gambling, the impact of legalization, money laundering, IRS woes, and his plans to recalibrate his life and focus on motivating others.
Early Hustling Tactics:
Bowyer describes his entrepreneurial spirit as stemming from childhood, hustling trading cards, delivering papers, and refusing to ask others for money.
[16:01–16:38]
"I was a baseball card and a football card fanatic. So like I'm not going to ask anybody to buy me anything. I'm going to go get it." – Bowyer
From Legal Commodities Trader to Master Bookie:
Bowyer details how he leveraged sales skills from jobs in waiting tables to launching and scaling discount brokerage firms, but ultimately found more excitement and personal alignment in gambling.
[98:45–105:30]
Professional Gamblers Aren't Jocks—They're Mathematical:
The most successful gamblers are statistically inclined, using AI and simulations—not “knowing the game.”
[01:16–04:48]
"The worse you are at gambling, the more you know about sports… the real professionals are nerds from MIT that don't even watch sports." – Bowyer [01:16]
Rise of Technology and AI:
AI-driven models and computer simulations now dominate high-stakes betting, with significant data crunching on injuries, player stats, and variables most fans overlook.
[04:10–05:11]
IRL Taxation and Legality:
Discusses paying IRS taxes as a “professional gambler,” how the IRS doesn’t care about legality—just if you paid, and how improper deductions landed him a prison sentence.
[06:19–09:17]
"If you sell cocaine and you pay taxes on it, you are following the rules of the IRS." – Bowyer [07:11]
Money Movement & Laundering Explained:
Bowyer illustrates the complex logistics behind moving millions weekly for settlements (using Venmo, Cash App, crypto, checks, and “beards”), money laundering charges when banks eject risky clients, and his being forced "into" such tactics.
[10:56–12:13; 56:21–62:12]
"I had to start moving [money] throughout the country, you know, through different people. And that's money laundering." – Bowyer [11:06]
Why Bookies Cut Off Winners:
Most "card counters" and stat-driven winners get banned by bookies/casinos, who prefer losing customers to keep the business sustainable.
[01:25; 21:49–22:00]
Ultimate High Roller Experience:
Bowyer dissects how comps (complimentary gifts) stack up: private jets, $10–20k/night villas, $15k dinners, club tables, pools, shopping, and even having his wife licensed as an official casino host to earn on their own action.
[22:00–29:04]
"I'd milked the comp system every which way possible… My wife made $700,000 last year as my casino host." – Bowyer [22:46]
Getting Cut Off for Winning & the Downside:
The bigger the wins, the more likely you'll be banned—even if you've lost millions in the past.
[21:49–29:46]
Gambling as a Hidden Addiction:
Unique among vices—gambling is invisible, easy to hide, and can devastate even high-functioning individuals.
[18:53–19:08]
"It's the only addiction you can't tell someone has." – Bowyer [19:03]
Massive Bets and Highs/Lows:
Bowyer recalls his biggest bet: $4.6 million on the Super Bowl, and how the thrill of a win sets up ever-bigger risks.
[31:53–33:01]
Personal Accountability:
Despite losing $13 million in a year and now going to prison, Bowyer stresses he doesn't play victim, emphasizing choice and self-awareness.
[17:14–18:53; 85:32–86:10]
Shohei Ohtani, Point-Shaving, and Integrity:
Bowyer details the intertwining of pro athletes (like Ohtani's interpreter), legality of athletes gambling (difference by sport), and recent college/pro scandals with game-fixing—highlighting the temptations and investigatory realities.
[35:36–41:36; 43:29–47:19]
"The integrity's gone when you're doing that. That's the issue with gambling becoming legal as these young kids are going to be the ones that get in trouble…" – Bowyer [41:37]
How Legalization Is Changing the Game:
Describes how only large corporations can get gambling licenses in states, leaving small operators and bookies shut out, much like cannabis regulation.
[72:09–73:08]
Operational Scale:
At his peak, Bowyer had 1,200 clients—running what was essentially a shadow DraftKings, complete with Costa Rica servers, live-dealer online casinos, and 48 nationwide agents ("beards").
[56:26–73:08]
Settlements & Logistics:
Breaks down how winnings and losses are paid out, the importance of paying winners immediately, and stopgaps to prevent losses from unreliable clients.
[59:08–62:12]
Federal Crackdown on Casinos and Bookies:
Bowyer explains the shift post-raid: mass “debanking” and bans for big gamblers, hurting Vegas revenue and changing the entire culture of “Sin City.”
[77:22–81:21]
"Sin City is no longer Sin City… the numbers are way down… they threw out all these bookmakers and drug dealers and the town's numbers are down drastically." – Bowyer [79:38]
Embracing Failure, Growing from Adversity:
Bowyer describes how his upbringing, setbacks, and near-constant hustle forged his determination; now, facing prison and financial ruin, he is more motivated than ever to build a new life in the open, focusing on motivational speaking, coaching, and helping others avoid his mistakes.
[87:12–88:44, 109:11–110:19]
"Win-win is going to be like… I don't have to look over my shoulder… I have never done that. So I know what's going to happen." – Bowyer [109:15]
Plans Upon Release:
Details on writing his book (Recalibrate), documentary in the works, aspirations for public speaking, and helping the next generation (including plans to speak to college teams and young entrepreneurs).
[86:10–88:44]
On Professional Gambling
"The more you know about sports… the worse you are at gambling." – Bowyer [01:16]
On IRS & Crime
"If you sell cocaine and you pay taxes on it, you are following the rules of the IRS." – Bowyer [07:11]
On Gambling Addiction
"It's the only addiction that you can't tell someone has." – Bowyer [19:03]
On High Stakes
"I bet $4.6 million on the Kansas City Chiefs… if I didn't get raided, I would've bet 6 million on the next game." – Bowyer [31:53–33:01]
On Bookmaking Business
"I was a CEO of an operation… just because it's illegal doesn't mean it's any different." – Bowyer [13:50]
On What’s Next
"When I come out, I'll do public speaking.… I'm going to be bigger and stronger. I can't put my family through this again." – Bowyer [18:06–18:53]
On Life Philosophy
"Everything you do in life has to be 110. I don't care if it's picking up dog sht."* – Bowyer [108:41]
The hosts keep the discussion energetic and candid, often interjecting with their own hustling stories and reflections on risk, money, and entrepreneurship. Bowyer is honest, self-aware, and motivational, refusing to play the victim and instead focusing on growth, lessons learned, and helping others. The conversation oscillates between education, entertainment, and real-life cautionary tales—delivered in a relatable, streetwise tone.
Bowyer’s life, as he shares, is part Wolf of Wall Street, part cautionary tale—a story about the highs and pitfalls of hustling, addiction, legal traps, and the hope of redemption through resilience and self-reinvention. This episode is packed with business acumen, dark humor, and the hard wisdom of someone who’s played—and paid—the ultimate high-stakes game.