March Madness is here, and this college basketball tourney translates into frenzied spending time for gamblers. For tips on how to spend your hard earned cash, CNBC may have the answer (that is, if you’re a betting man). The reality series Money Talks has sports handicapper Steve Stevens (aka Darin Notaro) ruling the roost with his Las Vegas based consulting agency VIP Sports. The goal for Stevens is to offer sage advice to his high powered clients so both sides prosper in the process.
Although the house always win rule should almost always apply, Stevens sees a certain science with betting. “Before I go into the day, there’s a set amount of games that I’ll play,” said Stevens, who was born and raised in Sin City. “I’ll either play one, or on the weekend I’ll play three. I’ll never play two. I’ll never play four because there’s a certain statistic of how you can hit playing three games and how you hit playing one game. You have better odds at playing three than you do at two. You have a better chance of winning at one than you do at two. It’s a formula to strategize the numbers. It’s a strategic and multi-billion dollar business and numbers are a very big part of it.”