Behind the Scenes with Million Dollar Sports Bettors | Out of Bounds

The Bucks spread is off right now. I'm just looking for basically anything off market that I want to hit. I like to target [music] higher liquidity games such as NBA over college basketball. Chris Dirkus is considered a sharp, one of the few [music] gamblers who can actually turn a profit. It's not about knowing the

sports, it's about the numbers. Because players [music] change, but the math stays the same. >> I don't get excitement out of that anymore. I get excitement out of finding a good bet, one that I know [music] is going to earn me expected value. All that matters to me is the number. Oh, damn. I lose back.

>> Chris considers himself a [music] top down better. Meaning, he's not starting with who he thinks will win, but is looking at the [music] ways the odds on a particular game aren't taking into account an everchanging number [music] of important factors. They'll have their underlying models and algorithms that [music] come up with

these with these numbers, but a human's got to monitor it in case something goes down. Say Giannis [music] gets injured for the bucks. Your model's going to have a difficult time adjusting on the fly for very niche situation. You need a trader there to quickly update. A manual trader's got to do that. [music] If

there's eight NBA games on, which there is right now, the odds they screw up on one of these games and I can attack much higher. college basketball even worse this 30 games 40 games going up [music] right now I can't even count so the odds that you find something mistake there is going to be much much higher [music] and

if they do it wrong and other books do it right I noticed that and [music] can make a bet there professional gamblers are a tiny tiny fraction like far less than [music] 1% a huge threat to that business because unlike the vast majority [music] of us they know what they're doing and they