0:00
This was the biggest, greatest edge in the history of gambling edges, I can promise you.
Search this video
0:03
But I've never uttered this in public to anyone ever before. You want to nuke it? Let's nuke it.
0:17
All right, so So we got to tell your story because your story is you basically did what me and probably 50% of other young guys wanted to do in their life.
0:26
It's like, oh, what if I could take a few thousand dollars, find an edge, beat the house in Vegas, and turn a few thousand dollars into millions of dollars, tens of millions of dollars, and ultimately, I believe, over hundreds of millions of dollars.
0:40
Not by counting cards in blackjack, first by you know, sports betting.
0:44
And then you get recruited by Mark Cuban to go work for an NBA team at one point.
0:48
You now own your own soccer club.
0:48
So you've had this like really cool life and career.
0:53
You're like a comic book character.
0:55
Yeah, you're like your man cave came to life, you know? Like it worked. Um so that's dope.
0:59
But, you know, of course no story is perfect.
1:01
You know, there's ups and downs and it's not all not like you planned it out this way.
1:07
But what we like most on this podcast, this podcast mostly a business podcast, so somebody comes on and they tell us about their company or their investments or whatever.
1:13
And um but we what we like most is people who play their own game.
1:18
What I like about you is you play your own game.
1:19
Um you're pretty independent thinker.
1:21
And so I want to kind of walk through the story.
1:23
So you know, what I'll call chapter one is stumbling into gambling and and find figuring out how to have that edge.
1:31
Can you tell a little bit about that story cuz I think I know a little bit of it, but I know Sam, you don't know any of that story, right?
1:37
Like how he how he first got and then made a name for himself doing this. No.
1:40
Yeah, I mean, I grew up around gambling.
1:43
My dad was I use the term unsuccessful gambler.
1:47
Some people might refer to as degenerate.
1:48
Uh he was a he was a he was someone who gambled a lot unsuccessfully.
1:52
And um you know, had a lot of it caused a lot of problems in our family. Uh not to sugarcoat it. It was bad.
1:59
But I grew up around the horse race track and I grew up around watching football NFL football on Sunday, basically trying to like help my dad make picks. What city?
2:09
I grew up in Winnipeg, Manitoba, Canada.
2:11
So I was at the Assiniboia Downs racetrack um from I guess it was every Saturday, Sunday, Wednesday for most of my uh teenage years.
2:19
I would say 12 to 16, 17, 18.
2:23
Um and so yeah, I just kind of was around.
2:25
That's how I and I I was I always thought it to was rather interesting.
2:28
And I also saw like first thing I didn't realize when I was younger was just how it was near impossible to beat the horses just because of the takeout. The take is so high. It's like 30 to 36%.
2:36
They got to pay for everything, the stables, the horse pools, you know, all of it.
2:40
Um but I just thought, well, these people don't know what they're doing.
2:44
Like they're you know, like they they have no process.
2:47
They don't know what's happening.
2:48
There's um they're very emotional.
2:51
Like I grew up I'm in Greek family.
2:52
So you would hear these people like they just were not in control of their emotions in any way.
2:56
They'd be upset when they win, they'd be upset when they lose, they'd be arguing with each other, they'd have you know, I'm very low-key.
3:00
So to me um it was very different for me.
3:05
Hey, let's take a quick break to talk about our sponsor today.
3:06
HubSpot has put together a list of 200 AI business ideas.
3:11
These are business ideas that you could create using AI. And it's a list of 200.
3:15
They did a huge brainstorm.
3:15
So you could check it out.
3:18
If you just click the link below, you can get access to these 200 AI ideas.
3:20
I'll give you an example of a couple of them.
3:23
One of them is you could build an AI dressing room.
3:27
So let's say you go to an e-commerce site and you want to see what something would look like on you.
3:30
You could use AI to actually take a picture of you and show you what the clothes would look like on you or what the makeup would look like on your face. It's pretty cool, right?
3:37
Um or AI tools for real estate brokers.
3:40
Maybe something that takes their listings and makes them more more fancy, more more more beautiful, and attract more buyers. So check it out.
3:48
It's a brainstorm of 200 possible AI ideas brought to you by HubSpot.
3:50
You can get it free in the link below.
3:55
So that's how I got started.
3:55
And then at some point um after I after I uh graduated from high school, uh I went to Vegas with my dad. He was there.
4:06
And um I went there for like a month or so. He was there gambling?
4:08
Like uh like really there My dad was if it was daylight hours and he had money in his pocket, he was gambling.
4:16
What was his What was his What was his occupation?
4:17
He was he came he was a first generation he moved to Canada when he was He's got a great You should have him on the show.
4:25
Uh he's got a great story.
4:25
He moved to Canada when he was like 20 years old, didn't speak a lick of English, became a dishwasher at Kentucky Fried Chicken, and just worked his ass off.
4:33
And so he moved his way up from dishwasher to restaurant to finally uh getting involved in real estate somehow by some way owning a commercial He was a He had strip malls all over Winnipeg. So he's an entrepreneur. Big time entrepreneur. Yes. Wow.
4:49
And when you go to Vegas, you're not 21, right?
4:51
You just graduated from high school.
4:53
So what do you do with your dad?
4:54
You're in a casino, you can't really do much.
4:56
I parked myself in the sports book and hope that nobody Cuz they don't ID you in the sports book.
5:00
Yeah, you just sit there. to, but they don't.
5:02
Like you're just in the sports book.
5:04
So you're just sitting there, you know, you're and I just watched basketball.
5:06
It was the first time I really ever watched NBA basketball to that extent.
5:08
I was previously I was watching a lot of hockey and and Canadian football.
5:14
And um yeah, my dad would give me a little bit of money, not a lot, and I would watch basketball and I would sit there from 4:00 p. m. Pacific to 10:00 p. m. , 11:00 p. m.
5:21
Pacific and just watch the games on these giant TVs.
5:24
And then I started to really enjoy the routine of watching the West Coast games.
5:28
So I started to like kind of pay attention more to the West Coast teams.
5:33
That was like Chris Webber's rookie year when he played for uh Golden State.
5:38
Um and they had uh Run-TMC, I think it was, before that.
5:41
Um And so yeah, that's what I did.
5:44
Were you Were you losing money at first?
5:46
Or what what was going on?
5:47
When did you start making money?
5:49
didn't I didn't really win.
5:49
I wasn't losing a lot though.
5:51
Like I I I wasn't I had an okay opinion by the end, but yeah, I was losing, of course.
5:55
Like I was probably flipping coins and paying vig.
5:58
So I was like probably 50/50 roughly, but needed, but was paying I needed to win 11 to 10, 11 out of every 10. So it wasn't bad.
6:05
It wasn't like I was getting my ass handed to me or anything.
6:09
Um but then I realized I really like this and I want to get good at it.
6:12
And then I just thought about what what what does that entail?
6:15
What do I have to do to get good at it?
6:16
And so I just went to work and just started taping games to start, reading a lot of newspaper uh articles on the internet.
6:24
When you're when you're saying you're learning to get good at it, um how much of it is a human side where you're like learning human emotions of like the players and leadership and things like that, like the story versus uh statistics?
6:34
Yeah, back then there was not a lot of good statistics.
6:39
There was just the there's just something called the box score, which is just not very it's not very illustrative of the game.
6:46
So it was almost that and a little bit of database work in terms of like just getting aggregates from teams in certain situations.
6:51
Um I also tried to like really also understand the market more, I think.
6:55
In other words, the opening lines with Oh, I What I got to be really good when I was in Vegas around that time was seeing the sharps that would line up at the Stardust Casino in the morning.
7:04
They had something called the lottery.
7:05
So the lines would be posted in the morning.
7:09
And then every sharp would be able to get make a full limit bet down in the morning.
7:13
And they'd have to do a lottery to see who could go first.
7:15
And then they'd make a bet and then the book would decide adjust.
7:18
So I started to like looking to see like, okay, who are the actual sharps?
7:21
Who are the guys who seem like they're moving money for other people? What are they betting?
7:24
So you're treating it like a job.
7:26
You must have been getting there early then. What time is that?
7:29
Yeah, I mean, I mean, it's not a lot of work. It's not manual labor.
7:32
I'm not like laying bricks or like riding off the back of a brontosaurus like Fred Flintstone breaking rocks. But yeah, it's work.
7:40
And so did you go ask them to learn from them?
7:42
Or are you just watching them from afar and figuring it out yourself?
7:43
I just want to see like, okay, this guy made a bet, the line didn't move. That's interesting.
7:48
Then you see him back like the next day and the next day and then and then you see the By the way, when it just be one, you'd see like at now at 4:00 post time, the lines had moved even more.
7:58
So it's like, okay, this this line moved a lot. There wasn't an injury. That guy bet it early.
8:01
So it was just like little things.
8:03
Just pattern I think if I have one skill in life aside from being um uh not not really caring what other it's like maybe like a little bit of pattern recognition.
8:15
I think I'm decent at that.
8:16
I think I I can see patterns and I'm also able to identify like, oh, is that an actual pattern or was I just fooling myself with randomness there?
8:24
Did you have a role model?
8:25
Like was there uh you know, as um as like a as like an 18 or 19-year-old, are you thinking to yourself, uh you know, there are other people who have gotten super rich doing this, I think I can do it, or were you like, there's some people who make an okay living doing this, I think I can do it, or you're like, I don't think about next year, it just this is what I'm enjoying today?
8:44
When you're 19, you don't really think like that.
8:46
I don't like in terms of like, oh, I want to make a I've always been someone who's always like been very confident that I was going to be successful.
8:56
I would recite things in my head when I was a kid, like I'm going to be a millionaire, I'm going to do that.
8:58
I just I would just do that.
8:59
And so um at that age, I think I was just kind of I wasn't sure how I was going to make it.
9:05
I just knew I was going to make it.
9:05
Like I kind of went through life with this like irrational confidence, I think.
9:10
Was there a definition of making it?
9:10
Was it like $10 million by the time I'm 25?
9:14
Yeah, I think when I was tree planting, I um I would have like I was listening like Tony Robbins books and reading them.
9:19
Like listening to them at night and then reading them in the morning.
9:21
And I think yeah, I had like 10 things that I wanted and I and yeah, I think it was 10 million before the age of of 30, I think.
9:28
Um back then that was a lot of money.
9:30
Now you can just spin up a meme coin and and you're making it by that by noon.
9:34
But back then it was a lot.
9:36
What was the first profitable pattern you figured out?
9:38
The one that really really kind of worked.
9:41
Canadian football was first profitable My first my my first bit of money was Canadian football.
9:44
Not like soccer, but actual like football, three-down football.
9:49
Um there's a lot of things going on then.
9:52
There was um they expanded into America at that time.
9:57
And so you had some interest for whatever reason in Las Vegas to book Canadian Football League games or like offshore markets.
10:04
And so and the Canadian teams had to abide by different rules than the American teams. So that was part of it.
10:10
You had to have a certain amount of Canadians on your roster that were starting.
10:14
American teams didn't didn't have that.
10:17
The Canadian stadiums were all compliant to Canadian Football League rules.
10:21
American stadiums did not.
10:21
So some of the end zones like the Canadian rules are like the end zones are 20 yards deep.
10:26
But in some stadiums in America they didn't have that luxury.
10:29
So they were like squared off at the back and so those games are lower scoring.
10:33
Um That was a big part of it and I just got to be really good at knowing a lot about Canadian football and which teams were you know sharp were doing innovative things. Um So Canadian football.
10:47
So can you give us a sense of the the kind of the journey?
10:50
So you start with a rough roughly what bankroll?
10:52
And then how long did it take you to get to your first million and then at one point I think you were betting like a million dollars a day or maybe even more than that.
11:01
Somebody said 10 million a day.
11:02
I mean I was betting a lot.
11:02
I mean I think like so it's a long story.
11:05
So I think the most It got to be I I was a skycap at the Winnipeg International Airport.
11:13
That's when things really took off for me and I don't think anyone's ever said that before in their life that they have ever You were what?
11:18
What what what is a skycap?
11:19
The dudes are I was like the first white skycap hired at the Winnipeg.
11:23
I was like the dude who sit curbside sits curbside and carry people's and check their luggage in.
11:25
And in the US they check the luggage in.
11:27
But in in Canada that's not allowed cuz transport Canada.
11:31
So you would just carry people's luggage in.
11:32
So I would like You're like a bag boy.
11:34
Uh we don't like being called bag boys. Uh Batman. yeah.
11:41
So you're just carrying people's luggage or like or or in Canada a big thing in the winter was snowbirds who are fleeing Winnipeg to go move to Florida for the winter.
11:49
And they're in wheelchairs and you're just like wheeling them through customs and immigration making sure their bags And you're making what like what per hour roughly? I was making a lot.
11:57
So I started out as a skycap in the summertime I was printing money.
12:00
And I was making I started out as a skycap.
12:03
I realized that the Saturday Sunday shifts were very profitable because we had American fishing travel that was people coming on these boats and they'd have to take a charter plane to go fishing somewhere in northern Canada.
12:14
Um and those days you're making four or five hundred dollars in an eight hour shift easy. Wow.
12:21
And so I basically went to the boss of the company and was like hey I really want to work the Saturday and Sunday shifts.
12:25
What do I got to do to make it happen?
12:26
He's like no we got to spread those around. It's not fair.
12:29
And the other dudes weren't making any money they would make like eighty dollars.
12:31
So I just started paying them for their Saturday I started paying them like eighty bucks to work Saturday and Sunday.
12:38
And then he got the owner got wind of that and he got upset.
12:39
And so then he started working the Saturdays and Sundays and couldn't figure out why he wasn't making money that I was.
12:43
But I was just you doing?
12:45
You're like complimenting these folks and just getting tipped?
12:47
just like at you know I I was doing things like getting them limos to go to the strip clubs when the four hours that they're getting them Cuban cigars because Cuban cigars were legal in the United when they land and they make sure they had like Cuban cigars and charging them like three times the value for that.
13:01
It was just like little things like that. Yeah. Just being attentive. I was being attentive.
13:05
I was like a concierge of the Winnipeg International Airport.
13:09
Um But then anyways I ended up taking over the company from him.
13:11
I just undercut his contracts.
13:15
And so there was actually at the Winnipeg International Airport I was making so much money that's a that's an easy leap right?
13:18
Bag boy to taking It's like dude walked in his office and you're like hey guy move.
13:24
No I I was like I was like I was like I went to him and I was like yo like I've already gotten it was Northwest Airlines now Delta I guess but it was Northwest.
13:33
I was like hey I've already got them to agree to the contract.
13:36
Everyone wants to work for me.
13:38
Um you can just I can give you some money and you can just move on or I can just undercut you.
13:43
The money I'm going to give you I'm going to save you. We can it's a win-win.
13:46
And he was like nope don't want to do that whatever.
13:48
So I ended up doing that.
13:50
I ended up undercutting him. So how old are you? I was 22 23 time.
14:00
Uh there's actually a crazy story.
14:02
So I was making so much money at the Winnipeg International Airport as a skycap and gambling that mostly skycap that um at the time Eric there was actually like a bunch of there was there was some cocaine that was found in Air Canada.
14:16
I had like a pass to go wherever I was a skycap.
14:18
And there was like a situation where some drugs were found like big amount of drugs from like an one of the US Customs and Immigration uh employees who I would became friends with said like hey you got they think you're like we know what you're doing here as a skycap and I know you.
14:31
But you're like suspect number one.
14:34
Like just so you know like like you they don't understand why you have a like a brand new Cadillac what not brand new but like you're driving a Cadillac like some gangster and you're walking around with wads of cash like I had lot lots of cash from the salt tips. And so I was like what?
14:50
And he's like yeah like it's they were laughing they thought it was funny.
14:53
They realized it of course it had nothing to do with it but you can Google this so it's it's actually happened.
14:57
There's like some kind of thing that happened in Winnipeg at the time where they found something.
15:01
So what was your what was your income at the age of 22 23 24 doing all this?
15:07
Um like 50 or 60,000 a summer easily.
15:07
Um I was I know I was I was living with my my mom and my bro my older brother.
15:14
We were like paying my parents rent for a while after after my dad kind of had like a down slope on the you know the during the 1987 whatever the interest rates went up strip mall business wasn't so good anymore.
15:25
Um especially when you're borrowing money to at at at at floating rates to build these strip malls.
15:33
Um so yeah that was about what I would I I had was making at the time.
15:36
So you're you've been rich since you're 23 years old.
15:40
Oh I don't think so because I've been spending you know like I wasn't exactly saving like money was going I was like going out for dinner every night.
15:45
I was like spending the money was coming taking trips to Vegas. I was doing stuff.
15:48
But yeah I was I had to pay for my school also.
15:50
I had to pay for my university.
15:51
So I was paying for my university I was supporting my parents.
15:54
So I wasn't rich I just worked hard.
15:57
Also I also while I was working as a skycap I also worked as a video store at Rogers Video.
16:01
I was working 40 hours a week at Rogers Video in the summer skycap in the morning and Rogers Video uh which is like a Canadian Blockbuster in the in so I had a work ethic I guess.
16:11
You're you're more of a hustler than I I thought cuz you I I guess I don't know the public perception is you're like kind of just a sharp here.
16:18
It's all it's all mental.
16:20
You sit in your room you have your models and then you make bets and the money comes in.
16:23
I I didn't know any of these stories about you kind of hustling as the the skycap and figuring out how to like run your own operation down there. So that's pretty cool.
16:33
When did like I don't know Sam if you've heard these stories but I guess a couple of your famous uh betting stories are I guess you went all in at one point on the Lakers to win the championship and at like six to one odds.
16:45
yeah six and a half to one roughly.
16:47
What how much is all in and what and what age in the timeline like 87,000 Canadian give or take.
16:53
And and that was all your money? Yeah.
16:55
But you could go buy I you know I looked at it like okay it was all my money now. It's like October.
16:59
Fishing you know fishing season just ended at Winnipeg International Airport.
17:04
I've already paid for my tuition at the University of Manitoba to get my useless uh philosophy degree.
17:11
Um I'm living in my brother's basement.
17:14
Worst case I lose this bet and I just go back to skycapping and just make half of that or two-thirds of that back again.
17:20
So but yeah I made the bet.
17:20
It wasn't a sharp bet by any stretch like I looking back it wasn't sharp but felt sharp to me at the time I'm you know you don't have your your risk model hasn't developed your amygdala or whatever hasn't fully developed to at that age to really understand if you're making good decisions. So Did you win? Yeah I did win yeah.
17:38
Sam have you heard the Bill Burr quote about risk? No what's he say?
17:41
The the comedian he he has this great line about risk cuz you know being a comedian is like it's risky in many levels right?
17:46
You're probably not going to be a successful famous millionaire traveling touring comedian.
17:51
But on top of that just stepping on the stage is a risk.
17:52
You're going to get humiliated most of the time when you you're not that funny.
17:57
And he goes they were like somebody asked him.
17:59
They were like you know did you how was it taking that risk?
18:01
The taking the taking taking on that risk taking that leap of faith.
18:04
And he goes I didn't see it as a risk.
18:06
He goes the best thing that ever happened to me.
18:07
He goes like I'm kind of dumb but you know the the one smart thing I realized early on was the risk was waking up uh in a in a king-size bed when I'm 40 years old turning over to a woman that I don't love anymore that I'm married cuz you thought it was the right thing to do dreading this job I have to go to in six hours.
18:24
And he's like that became the risk in my head was waking up like that.
18:29
And in compare he goes chasing your dream there's no risk at all.
18:31
He goes he goes there's no there's no risk in chasing your dream because you're doing the thing you want to do and versus living this life that you don't want to live just to play it safe.
18:40
That seemed like a bigger risk.
18:43
Definitely relate to that.
18:43
I mean I don't know if any of you guys had the pleasure of spending a winter in Winnipeg but it's not pleasant.
18:47
So You one of the other stories then that's pretty sweet is he I guess at one point like in Vegas you could bet on the the full game which is what most people do like me I'm a casual I go in I just bet on the over under maybe on the the the final score.
19:04
And what he realized was like the you could also bet on the first half only which was like not as common of a bet.
19:11
But the way that Vegas is doing is they would take the full score which they're pretty accurate at predicting.
19:16
And then for the halftime score they would just cut in half divide by two.
19:19
Roughly what make the first half a little bit higher scoring in general.
19:20
I could tell you guys my look I haven't told this I tell this story in a way that makes it so the edge still lives on for the people that are still betting. But You want a new case?
19:31
You guys caught me out of the Okay.
19:35
This is this will maybe go viral. I don't know.
19:37
Probably [ __ ] up a lot of people's money.
19:38
But I think the I think that I think most people have figured it out by now.
19:41
But I've never uttered this in public to anyone ever before. True story. Um okay.
19:46
The away team gets to choose which basket it wants to shoot on, oriented.
19:53
So, you have teams who play back then, I would say 30 teams in the NBA, 28 of them, 27 of them, when they're on the road, would always want their offense shooting in front of their own bench, and they would want their defense shooting in front of their bench in the second half.
20:11
Therefore, the first halves are higher scoring, the second halves are lower scoring.
20:14
You've got the bench in front of you, you can bark out instructions, this and that.
20:17
Three coaches, God bless them, I wouldn't be here without them, uh decided that uh they wanted to flip it.
20:25
And they wanted to have the defense in front of them in the first half, and in the second half they wanted to randomize the game, and make the second halves higher scoring.
20:33
So, you would literally like Eddie Jordan, it was Jerry Sloan was the king of this, he was the first original guy from Utah.
20:40
And so, this was the biggest, greatest edge in the history of gambling edges, I can promise you.
20:47
You would have situations where the total would be higher in the first half, lower in the second half, and the team would literally score on average 106 points in the first half and 87 or something like this or 90, whatever it was back then, in the second half.
21:00
You also have the advantage of fouling at the end of games, which will also make the score in the second half higher scoring, and overtime, which is a nice little bonus, too, working in your favor.
21:08
So, the second half over was like you would have teams playing doing this 41 times a year, and they would go nine overs in the first half, 30 whatever, 32, 33 with some pushes in the second half, and you could just print money making this bet. And that's what I did.
21:26
And I figured that out very, very quickly.
21:28
Actually, didn't figure it out that quickly, to be honest, I'm not as bright as I think I am, cuz it took me a long time to figure out what the [ __ ] was happening.
21:33
I just knew these teams had situations where on the road, their games were much lower scoring in the first half than they were when they played at home.
21:40
And I thought, well, there's they're trying to slow the game down, it's this and that, but really it's just you're more efficient when your offense is in front of your bench, because the other team's defense can't get set, and you can bark out instructions.
21:53
like a clear pattern, right?
21:53
Like you'd only need a season of games to understand that pattern.
21:57
Well, you don't know that teams are doing this.
21:58
Not like they say, "Hey, the Mavericks are shooting in front of their like they're the one team."
22:01
Nobody's paying attention to this.
22:03
Nobody knows that a team that that that that back then it was you it was a perfect situation because it was three to four teams a year, they were all [ __ ] teams.
22:14
It was in my heyday, it was the Utah Jazz, who was a [ __ ] team, the Washington Wizards with Eddie Jordan, [ __ ] team, Byron Scott, New Jersey Nets, [ __ ] team, and then you had a few teams like um the Minnesota Timberwolves did it some games, not other games, which is the dream scenario nowadays, it's probably screwing these gamblers, because when that happens you So, um so, that was it. That was the edge.
22:34
That's how I made all my a lot of my money.
22:35
And you could I I I if I had a bankroll of This is not responsible, please don't follow this advice.
22:43
But if I had a bankroll of like 250k because I was betting on credit, you settle at the end of the week, I'd have a situation where if I somehow lost all my bets, I'd be like two or three million dollars in debt.
22:51
But it didn't matter because I knew my edge was so big that I was betting and I somehow partnered up with some big book big big bookmaker slash uh alleged mafia guy in Montreal, which is another story, who was able to get me down for a lot of money, and he just basically I gave him the bets, I told him what I wanted to bet, he would go bet them for me, he'd collect, he'd give me the money, I'd win. And that was that. So, that's the edge.
23:16
That's the whole edge in a nutshell.
23:17
Okay, this is it, say that I have so many questions, but it it you know, I'm a new know why I told this.
23:22
I'll have like friends who I've told this to who are like, "Oh, can you please share that on my podcast with me?"
23:24
And I'm like, "Ah, I feel bad for the people who are still grinding out a living doing this." But you know what? It's a new day. Tariffs are here.
23:31
This is my tariffs to the gambling community.
23:32
I'm um I'm a I'm a new fan of yours.
23:35
You know, Shawn was like, "We got to talk to this guy." So, I'm a new fan.
23:38
So, I went and read everything I could in the past week.
23:39
Can you give some type of Can you Can you give me, a noob, some type of scale as to your winnings?
23:46
Like are we talking like hundreds of millions of dollars in winnings or whatever you're comfortable with? Yeah, I know.
23:50
I mean, look, I I made between 10 to 12 million dollars a year gambling for 10 to 15 years minimum.
24:01
Like 10 to 15 nine nine figures in in winnings? I spent a lot.
24:04
Like I didn't just always that was that was like my net win, you know.
24:07
I'm not talking about what I won, but I lost.
24:08
I mean, like I lived a pretty good life.
24:10
Like I paid my parents, I did other things.
24:11
But yeah, I profited a lot gambling on basketball, for sure.
24:14
Like a bad year for me in the NBA, I think it was like six or seven million.
24:17
Average year is probably eight.
24:20
And in the early heydays, I made more money than I um yeah, than I I but I was also I made some mistakes afterwards.
24:27
But yeah, I definitely your personal life are you living a life of uh 28-year-old rich guy of like I mean, are you spending seven figures a year in personal like No. No, no, no, no.
24:37
But I did a lot of other biz.
24:39
I tried like other business things.
24:41
I like, you know, I helped out some family.
24:43
I bought like a property in in Montreal.
24:45
I bought you know, some stuff for my yeah, I So, you're not you're not you kind of overplay you're you're doesn't seem like you're being irresponsible.
24:53
No, I was just like I just think life is short, and what's the point of having money if you can't spend it, so.
24:56
But I don't spend it, I spend it on experience.
24:58
I spend it on experiences.
25:00
Like I'm not a flashy guy, I don't drive a fancy car, I don't wear jewelry, I've never had a watch, I've never had any expensive you know, I'm pretty basic in my clothing.
25:09
Just like a lot of NBA players like end up going broke, right?
25:10
NFL players end up going broke in their like later career.
25:13
One of the crazy things about like I grew up idolizing Phil Ivey and a lot of poker guys, basically.
25:17
And once I got into the world of business and investing, it's like, "Okay, this was kind of like what real wealth looks like."
25:25
And I realized that a lot of the guys who were really great poker players, really great gamblers, that you thought were really great gamblers, like I don't think they were as successful like businessmen as I thought.
25:36
Like I you know, I I don't I don't think they made as much in their peak, and I think they lost a lot along the way or they had huge downswings somewhere along the way.
25:42
As far as you know, are you the most like did you do the best?
25:47
Are you the most successful sports better that you know, or are there people better than you that that made more than you?
25:53
Um Billy Walters is very I mean, Billy Walters had the biggest like my edge was I had to like scrap for my edge because but Billy Walters had the first computer program when like they were using giant like this old Westinghouse machines to feed the information on those giant cards for computer programming.
26:09
Till and they had like a computer program when the Vegas odds makers would just sit there and like sit around a table like, "I think the line should be seven and a half. What do you think, Jack?
26:18
I don't know, it should be around eight and a half."
26:20
And then like Billy Walters' computer guy is like, "No, it's like 4.
26:22
3 is the right a price on this game."
26:24
So, they had like the best edge ever.
26:25
He made a lot of money, super successful.
26:29
And Billy Walters, he I think I saw a 60 Minutes special on him.
26:31
Is he the He's a He's a Southern guy? What's that?
26:35
Yeah, he's a Southern guy.
26:37
Yeah, I I read him I read about him you know, I saw the 60 Minute, and he was exactly like I thought he was going to be.
26:42
Like he seemed like a fast-talking, wheeling and dealing.
26:43
No, no, no, not a fast talker. He opposite.
26:47
But the number one thing Billy Walters had going for him is he's from the South.
26:50
And if you're a gambler, one of the greatest things you can have going for you is people thinking you're not as intelligent mean I guess I shouldn't have said fast talking.
26:57
I guess I mean like um charming charming. Uh Oh, yes. Yeah, I know.
27:03
But he'd like, "Well, I don't I like to make a bet if I could.
27:04
I'm in I like to make a bet on this game."
27:06
But the thing about Billy is like people underestimated how sharp he was early on.
27:11
But he's as sharp as they come.
27:11
Did you have any uh you know, like in the movies where it's like at some point the casino's like facial recognition, they're like, "Don't let this guy bet anymore."
27:20
You know, take you in the back and bruise you up a little bit.
27:22
Like did you ever run into problems with winning too much?
27:26
So, the way sports betting works, you're not usually betting in the casino, you're betting with like back then when I was in my heyday, you were betting with literal like street people.
27:37
So, they had like corner bookmaking operations.
27:38
The casinos are for losers and people who can't win.
27:42
And if you win, they'll just not let you bet anymore.
27:46
And so, so you need to find a way to bet on credit through like you need to find someone who's going to play a game of telephone with you, who's going to take your bets and then maybe bet more later or thinks you're a loser like or or you find a stock like my big business, like nobody nobody knew who I was.
28:01
Nobody knew I was winning money betting because I was never the guy making the bets.
28:05
I'd always find what's called a beard who would make my bets for me.
28:09
And so, I've had numbers of like numerous beards throughout the years who were making my bets for me, and they were the you know, either they were really successful business people or degenerate gamblers or like Hollywood people or like Floyd Mayweather, who was a beard for like half an afternoon for me.
28:26
Um How did How did that go?
28:28
Um yeah, he just wasn't he wasn't it was too he was too difficult to work with.
28:31
I mean, he's got so much money, and he's Just like impulsive?
28:35
No, I think he's been hit in the head for like most of his life.
28:36
Like you know, he's How much How much Yeah, he wasn't just piggybacked off your bets, right?
28:41
He's a huge bankroll, couldn't he have just piggybacked off your bets?
28:44
You're telling him to go bet your money.
28:47
I think Floyd was already moving for someone else, whether it was Billy Walters or someone like for sure someone got into Floyd and Floyd making those bets.
28:54
bets. Like nobody posts their bets on Instagram for millions and millions of dollars unless there's an angle, whether they're sponsored by the casino or they're So, yeah, I think he was moving money for someone, but someone introdu- I I sat next to him at a Miami Heat playoff game, and he like the my friend
29:11
who was sitting next to me, he got like took a liking to her, and so they became friends, and so we somehow had a situation where for an afternoon, him and the guy his busi- his his business guy and I were talking, and Floyd was going to make the bets, but it just didn't work. Like I told him I wanted to
29:24
Like I told him I wanted to bet one game, and they said, "No, we like the other side."
29:26
And I was like, "That's cool, but can you please go bet this one for me?"
29:29
And they're like, "No, we don't want to do that.
29:31
Like Floyd you know, we want to bet the other side."
29:33
And I was like, "Okay, well, then just we'll just bet against each other.
29:35
You bet that side, I'll bet this side."
29:36
And they're like, "No, but you always win, we can't do that."
29:39
And I was just like, "Yeah, I'm out.
29:39
I can't deal with this anymore." So, that was it. So.
29:42
Is the motivation on all this getting rich, or is it getting a rush?
29:47
Is it an intellectual challenge?
29:51
What's the Like what's what's the motivation? rush.
29:53
No, the rush is like I'm not a rush guy.
29:55
It's um I think it's the intellectual challenge.
29:58
Also, I I've realized as I've gotten older that I I take pride in putting myself in really really stressful situations and seeing how well I perform.
30:07
Like that's like my probably a weakness of mine is I'll put myself in these really stressful situations without knowing it, but I'll do that.
30:15
What What's an example of that?
30:18
Like being all in Bitcoin since 2013 like for 160 to 170% of your net worth at various different points in time. 160, so you borrowed? Yeah.
30:29
So, betting on sports um and making money was challenging and in terms of your winning money, like I was living in Canada at the time.
30:38
Um I was uh betting all over the world and having to receive money from people all over the world.
30:45
And so, my bank accounts were constantly getting closed.
30:47
Even in Canada, I was like, "I'm a professional gambler. This is what I do.
30:50
I pay my taxes as a professional gambler.
30:51
It's one of the few dummies in Canada who actually cuz in Canada tax gambling is it's considered non-taxable.
30:56
So, I was like one of the few people who actually paid tax on their gambling winnings in Canada cuz I was considered an expert.
31:02
Um but I didn't have to, but I did that.
31:05
Probably stupid on my part.
31:05
Um but um but yeah, so just that and then seeing how easy it was to move money with coin.
31:14
And then And then the other part of it was later on in life, I left Canada after I got tired of paying taxes um in Canada and I moved to Monaco.
31:20
And that entire principality is built on minimizing your tax exposure.
31:26
It's It's you know, we're you're looking at flats that are like the current places in Monaco now that just got built are 85 90 million dollars for a 3,000 square foot condo.
31:38
It's the most expensive real estate in the world.
31:39
And the only reason it's that expensive is because there's a limited amount of land and everyone lives there because the tax is zero. Zero tax.
31:48
And so, my point is is that that whole That's like a Swiss bank account.
31:53
It will move People are willing But whereas there's a lot of people whether they're Whereas Bitcoin, you can you can you don't have to invest in Monaco real estate to hedge.
32:00
You can have your money in your pocket.
32:02
You don't have to worry about a bank.
32:03
You can move money intermediate without any intermediates any permission.
32:06
Even the bank accounts I had whether they be in Monaco or Canada, they'd always been like, "Why are you sending this money? Where is it going? Why did you get it?" And now it's even worse. So, that was part of it.
32:17
I like the I like the math behind it.
32:17
It made sense to me as a math guy.
32:21
Um yeah, I just And I'm an independent guy to begin with.
32:24
And so, it didn't really click for me until later on.
32:26
I heard about it maybe five or six times before it finally clicked.
32:30
It finally clicked because I was betting with someone in China who had own who had paid a really difficult time in paying me money.
32:36
Also, I was living in Vancouver before I moved to And my entire apartment building was owned by Chinese expats who were literally laundering their money in Canadian real estate.
32:47
None of them lived in my building.
32:48
The entire building was empty except for six people, but the entire building was sold.
32:54
And all of Vancouver Have you ever been to Vancouver, Canada?
32:55
It's an It's an entire money laundering sit operation.
32:59
The real estate is all owned by foreign people trying to escape regimes that are you know, they're just capital flight.
33:06
So, Bitcoin just made sense.
33:06
Okay, I'm going to go buy a I'll a condo in Canada or I'm going to buy some Bitcoin and put it in my wallet to escape some total some regime some capital flight.
33:16
the 10 million gross earnings and just going straight to Bitcoin?
33:21
No, then I was get I was trying to get paid by people who owed me money.
33:23
And so, this the first person the first time I ever acquired Bitcoin, I had a a gentleman in in um fellow that I met playing poker who got me a bunch of accounts in China to bet on NBA basketball or Asia, let's say.
33:34
I don't know where it was exactly, but somewhere.
33:37
And he was like uh it was 2013-ish and I was like, "Hey, like how are you going to send me money?"
33:43
At some point we had like an HSBC account in Hong Kong.
33:47
And he's like, "I can send you Bitcoin."
33:49
And I was like, "Bitcoin, really? You guys like Bitcoin?"
33:50
I think the price was around 180 dollars at the time.
33:52
He's like, "Yeah, everyone in China loves Bitcoin."
33:56
And I was just like, "Well, if everyone in China loves Bitcoin, maybe I should love Bitcoin, too."
34:00
Like what is Why do they love it in China?
34:02
And he's like explaining to why everyone loves it and how great it is. And so, that was it.
34:05
So, I bought I bought it.
34:07
Then it very quickly went to 600 then 1,000 like very after.
34:08
And then it And then it slowly went down to about 150 after I think Bitfinex got hacked after that. The next summer.
34:15
But that's when I got involved and it clicked for me instantly when I was all the situations moving to Monaco for taxes, seeing my all of the real estate in Canada being super expensive for native Canadians especially in Vancouver because of especially people from Asia buying real estate and just holding it and not doing anything with it.
34:34
And I just like, "Why would you Like what Michael Saylor now has a really good view on it."
34:37
It's like, "Why would you ever own real estate?
34:39
You're at the mercy of the government who can change the rules and change the taxes.
34:41
Or you could just buy Bitcoin."
34:45
So, that was it basically.
34:46
What What What when you're dealing with um you know, I'm not saying that you're shady or you do ever do anything illegal, but when gambling as an outs Well, as an outsider when I hear about gambling, I don't I you know, I've I've watched the movie Casino and I like I don't like I think of ma- mafia and whatever. Yeah.
35:03
When you're owed money and I and I read stories how you're you were owed money and you talked about it, what What's up with the gambling culture?
35:09
Do people actually pay their debts on just on a handshake agreement? Um Yeah.
35:12
Yeah, I mean I think I had an advantage.
35:15
I mean, just to be clear like I lived in Canada, gambling was legal, I paid my taxes, I wasn't doing anything illegal.
35:20
Um Some of the people who are my my my customers are all breaking the law because they're bookmakers.
35:26
So, that I'm not the customer.
35:29
I'm the shark, they're the sucker, I'm winning the money.
35:31
They you know, they think they may think they're they're that I'm the customer, but really I'm not.
35:35
So, So, um so for me the hard part was like, "Okay, Revenue Canada wants 57% of my money as my partner, but they're putting all my customers out of business by making So, that that was part of it.
35:46
To answer your question, is it hard to get paid? Yeah, people lose money.
35:51
Um because I'm betting through intermediaries for the most part, I think like part of the deal is you have to guarantee the money when you're making the bets.
35:58
And people would go out of their way to guarantee me not because they're afraid of me, because why would they be?
36:02
I'm not I've never ever done anything to get money other than be like annoying.
36:08
Um but like if you knew that I was always going to win, and if you didn't pay me, you knew you were not going to get my bets anymore, you might go out of pocket to make sure your relationship with me was good knowing that eventually you're going to make the money back if you're smart enough.
36:21
If you're smart enough, you'd realize, "Why would I suffer all of this?
36:24
All of us are going to win.
36:25
We're going to win it back next year. I'll go out of pocket.
36:28
We'll figure out a solution."
36:28
That's generally what happened with me.
36:30
That's a good threat though.
36:32
You look, I'm going to call you like at least five or six times to get paid.
36:38
I didn't even I was pretty bad at it to be honest.
36:40
Like the The way to get paid is to be the most annoying person in that person's life.
36:45
So, So, I had a I had a famous poker player who's like a really good dude, but he was for sure a degenerate and he owed me money.
36:50
And um not not the most Like this guy Eric Lindgren, he talked like he he you know, That's what I was referring to, yeah. Yeah.
36:57
And I would just like I would just like he would I I would if he won a tournament, I would like get on a plane and just like be there when they paid him.
37:03
I would just like hand out and just like You just got to you know, but you also have to be like kind of like understanding that this guy needs to live his life and how also have some money to But you know, he was a guy who who at the time owned a piece of Full Tilt.
37:17
So, they had all this indiv All this imaginary money they they thought they were all going to be so rich.
37:20
And so, he didn't really worry you know, he didn't really worry about getting paid cuz he thought eventually they'd get paid by Full Tilt Poker, but then Full Tilt Poker got shut down. So, all these guys Yeah.
37:28
Anyways, yeah, that's what you do. You just be annoying.
37:31
What What inspired you to buy the soccer team?
37:32
So, like where Like how long did you have that idea before you end up doing it?
37:36
I wanted to buy an NBA team and then I worked I saw like the sausages made and I was like, "Yeah, the NBA's not for me."
37:43
Um What do you mean Why not?
37:43
I mean, for for one the brand the franchise valuations are going up and up and up and up.
37:50
It's a very very very difficult business to buy because you're competing with the richest people in the world who want these assets. So, it's very difficult.
38:00
And then I just found I started finding the sport not that interesting anymore after seeing like how everything was all I didn't I didn't Like I think the the bubble for me kind of ended it because it was during that time when the the league became like which is cool cuz the league was primarily It became like almost like a social cause versus And I thought that's good for society in some ways if you believe that.
38:22
And but for me, it just became too much.
38:24
I just wanted I just want a sport. I just like sport.
38:25
So, around that time, I didn't want to you know, I didn't want to I think people I think where the NBA maybe missed things is I think a lot of people wanted to escape during coronavirus into sport.
38:36
I want I Okay, forget about other people.
38:38
I want to escape the shitty the the whatever the riots the burn the whatever.
38:42
I wanted to escape all that into sport.
38:46
And I'm watching the NBA and it's And maybe maybe the answer isn't Maybe the answer isn't escape for for people who are I'm not American, but maybe for Americans who are living through it and they really believe that that whatever that's cool.
38:56
But for me, I was just like, "Yeah, I don't want to watch this."
38:58
Like I just want I just want to I want to watch a basketball game.
38:59
I don't want to have like a message.
39:02
So, yeah, it just became it became too much I think in some ways. Became overwhelming.
39:06
And then also you're I was working for the Mavericks at the same time and they were in the bubble and I'm hearing the stories from them and you have like African-American coaches who are like really upset with what's happening as they should be. The players are upset.
39:17
It just became like really draining emotionally in a way that made me really kind of sad.
39:22
And um I started watching football more because soccer was the first sport sport to start up after COVID.
39:30
And so, I just got really into it.
39:32
And we already building models to begin with before then.
39:34
I thought, "You know what? I want to This is new. It's exciting.
39:40
Uh it's more mathematical in the sense of it's unsolved.
39:42
It's a lot more There's a lot The game tree is bigger. It's more nuanced.
39:47
Basketball's pretty simple.
39:48
You got a top five player.
39:51
You put them on the court.
39:51
You surround them with other players, but he's the guy.
39:54
Like he looks called heliocentrism. And then you profit.
39:57
And then you trade him for Anthony Davis and one first. Apparently. I don't know. But that's it.
40:04
You just find a guy like Luka or LeBron or Jokic or whatever. Um and off you go.
40:13
But it's not that difficult.
40:15
You said we You said we're we're we are building models.
40:17
I think Shawn and I were talking and he was like this guy's like a lone wolf. Uh, and No.
40:22
Well, and I don't know the truth and I want you to tell me the truth.
40:26
Do you Um, I think you don't have a family.
40:29
I think you're you're Uh, and I think that like from an outside perspective it doesn't seem like you have this massive company. Like I am a lone wolf. Yeah, okay.
40:39
This No, I am a lone wolf when you put it that way. Yeah.
40:40
Like I've always been very um Yeah, so I but I have people who work for me.
40:45
I have people who help me build my models. explain that?
40:47
What What's your What's the organization? look like?
40:51
It's so I have had Now my organization, not counting the football team, which is completely separate.
40:57
Which is like 250 people or something work for me.
40:59
I don't know how many it is. It's a lot. Um, maybe less. I don't know.
41:02
You count academy players.
41:05
Um, but no, I just have like I still do my basketball betting. I spend zero time on it.
41:09
It's an automated program.
41:09
But when I first started betting on basketball programmatically with a model when I decided that my method works, but it only works if my mindset is good.
41:21
If I want to have a life and have like emotional relationships with females and have a partnership, whatever, and I'm upset, I'm making bad decisions when I'm gambling, it's harder to be like a perfect arbiter of what's right and what's wrong and what's the right information when you're the input.
41:33
So I wanted to automate me, basically.
41:39
And so um so yeah, I I I hired a couple different quants.
41:45
Unsuccessfully, they weren't great.
41:47
Um, kept trying and then a friend of mine, a poker player by the name of Well, he played poker, this guy named Brandon Adams, was teaching at Harvard at the time.
41:55
And I was playing poker with him.
41:57
Really, really smart guy.
41:59
And he said, "I have this student that I need you need to talk to. He's a genius. And he'd be perfect."
42:03
And I met him and that was the guy who basically together we built our simulation models that really took me to the next level, which was not the little the halftime thing, which I made a lot of money on.
42:15
Um, this was now full game bets on you know, sides, totals, everything.
42:21
And so him and I together built And our operation was myself, this individual um and then one person who basically was two people who were putting the bets in and also making the lineups.
42:34
Um, and then me and my the person the the the the We call him the Wiz cuz he doesn't want to be Nobody wants to know who he is, but um he's out there. What's up?
42:42
Um, and we had a We had a falling out.
42:46
He doesn't Not a falling out, but he when I went to go work for the Mavs, I basically turned over the business to them.
42:52
And he ran it for a while, didn't enjoy it.
42:54
They didn't do that well. And he left.
42:57
And then when I quit the Mavs we started back up again. And um that was it.
43:03
So I basically did the gambling again, not for myself but for the people who worked for me to allow them to make continue to make a lot of money because I've had guys who worked for me now for over 12 or 13 years with a gap with a gap period in the Mavericks.
43:19
And so um they run everything and they do everything.
43:21
Dude, you're basically running it like a like a small little seed fund, Shawn. You know what I mean? Like a hedge fund.
43:26
Algorithmic hedge fund like jump minus you know.
43:31
So you know, those guys they measure their success on you know, IRR or you know, annual returns.
43:35
And if if they could get 20% 30% returns, what's a good return annual return for you?
43:41
What's a bad annual return for you? What where do you land?
43:45
You know, I know what multifamily can get you.
43:45
I know what private equity can get you.
43:47
I know what venture can get you.
43:49
hard to really quantify because I'm never able to bet my entire network.
43:53
Like I can't take in outside capital.
43:56
And so like we're I I don't look at it as like an annual ARR or it's more of a return investment on every bet you're making.
44:04
And so every bet we make um a bad year for us was four and a half four four to four and a half percent on every bet we're making.
44:13
A good year is like in the eights and nines.
44:15
And now of course, you want to have as many bets as possible and the most profit as possible.
44:20
So you're you want your ROI to go down a little bit as your bets go up.
44:23
So it's like you're threading the needle.
44:27
Um, but the game has changed so much now that now we've got like two models that are that are going at all times and we use like a a mixed two of them.
44:36
And it's When I say it's automated, it's completely automated.
44:39
Like zero last four or five years since even before I you know, even when these guys were running it themselves.
44:46
Like nobody's saying, "Oh, I don't think I think the model's wrong."
44:47
Like it gets teams wrong, for sure.
44:48
And we have a guy who says like, "Yeah, we're really off on these Oklahoma City totals.
44:52
Like we we we think they should be higher scoring, but they're not.
44:55
We think they should be lower score We think they're higher scoring, but they're going under."
44:58
And I'm just like, "Cool.
45:01
We're not making any changes.
45:01
Like I don't want the model."
45:03
and has you know, now we said this before.
45:05
I don't pay attention to too much to sports.
45:06
I think it's [ __ ] insane though that like every sport is basically a gambling thing now.
45:12
Like it's like like it's I think it's weird. Um, but uh weird. It's gross.
45:16
Yeah, it's it's messed up. I think it's wrong.
45:18
And but does that make you richer then because you have more uh retail investors?
45:26
Yeah, this the amount of I don't even look like last night like I probably lost more money on fart coin yesterday.
45:32
Uh, my fart coin holding uh on paper than I would rate to make in an entire year betting NBA.
45:39
So I don't I I don't care what we make in the NBA.
45:41
I just do it because it's meaningful for the people who work for me.
45:44
And they have a a massive profit share in it. So that's why we do it.
45:49
So let me just recap a couple things.
45:51
You said uh if every bet, you know, low end four or five percent, good nine 10%.
45:56
That means you need to bet like a hundred million dollars of total betting volume total total dollars bet to make 10 million. Is that right? Correct.
46:04
Well, you don't need a hundred million to do that because you're doing it every day multiple times over.
46:06
And so yeah, so yeah, like I That's exactly right. Yeah.
46:11
So couldn't you have just applied your brain to like buying HVAC companies as like private equity and gotten better returns, right?
46:18
Like you know, like I always think about this with like if I hear somebody's a pro blackjack player I'm like first of all, I don't even know if that's act technically a thing.
46:25
I don't know if blackjack is like a game you can get an edge in anymore, but secondly if you're that good and that smart, like couldn't you just applied it to a easier game and made more money?
46:35
Like don't you think about that for yourself?
46:38
Yeah, if my dad was Ray Dalio, I probably would have wanted a different path, but unfortunately my dad was My dad was a Greek gambler who spent his time at the racetrack. So this is what I knew.
46:45
You know, I don't know what else to say. But you have done it. You have done it, right? You're buying a team.
46:50
That seems like it could be a great business move. And you did crypto.
46:54
Yeah, the crypto thing is really the part I think that uh is because I don't have an edge in finance.
46:59
These people have bigger They're smarter.
47:00
Like maybe I could have honed in on one specific category that I knew very well.
47:04
But again, like I try to like I I'm a gambler in the sense that I like gambling games, but like the number one edge in poker is playing with players who are worse than you. That's just it.
47:16
And so I try to apply that also to my businesses.
47:18
I try to stay away from people that are smarter than me, which there's plenty of them in terms of that I'm competing against.
47:24
Um, and so yeah, I mean am I going to compete with like No, I don't think so.
47:29
I mean maybe, but at this point my I think I'm good at what I'm doing.
47:32
I like my quality of life.
47:33
Well, what do you do with your money now?
47:35
Do you um like your income or your investments?
47:37
Do you do Do you do any boring stuff?
47:39
I mean I mostly do boring stuff. Index funds. do super boring. I do super boring stuff.
47:44
Every dollar I earn goes directly into Bitcoin. That's my boring stuff.
47:45
Is that So that's still how how you roll then? Um wow.
47:51
Every dollar I make betting sports goes into Bitcoin. Has forever.
47:53
I just So you've made more money off Bitcoin than you have sports betting. Yeah, for sure.
47:58
Yeah, that's done very well with Bitcoin. It's done very well.
48:01
But you know What's What's your end game with Bitcoin? Is it hold forever?
48:03
Is it Bitcoin becomes global, you know, reserve currency?
48:07
Like what Where does it There's no exit with Bitcoin, right? For you? I don't know.
48:13
I wish I could have do better Michael Saylor impersonation, but I don't This guy I like this guy.
48:15
I feel like his end game as crazy as this guy is, I feel like he's kind of he's a savant.
48:21
Like he's kind of figured What is your end game?
48:22
I don't know with dollars.
48:23
What am I going to do with dollars?
48:24
Like sorry, I'm not They're printing more of it.
48:26
It's not doesn't seem like it works for me.
48:29
I remember like do being COVID living in Malibu during COVID and the houses that I rented had gone up in value like triple.
48:37
Like rich people's stuff was going becoming more and more expensive as more and more money entered the system. So what's my end game? I don't know.
48:44
Protect my wealth, I guess.
48:44
Uh, maintain my sovereignty. That's my end game. I don't know.
48:49
Like I just to be clear, I don't have it in I like Bitcoin, but it's it's still I'm not like the pure Bitcoin guys, like the guys who are like have their own seed and they have it memorized in their head. Like that's not me. My money's in IBIT. It's in the bank. It's with a third party.
49:05
It's not smart, but I like my quality of life.
49:09
I I don't want to have I don't want to be my own bank.
49:13
Like being my own bank was cool before people knew what crypto was.
49:17
Now being your own bank is not cool.
49:19
Like for me, just to be clear, like I love Bitcoin.
49:21
I love the self-sovereignty of it.
49:22
That's the ethos, but my money is custodied with institutions, unfortunately. Do you own anything?
49:28
Like do you own any real estate and cars and uh like items? Or do you live light? Yeah.
49:33
Dude, I you just I I I lost this guy.
49:35
He thinks that some kind of like I'm like an alien who just dropped into the world that has nothing Well, you.
49:40
nothing but buys Bitcoin and watches sports all day.
49:41
Sean and I actually both rent homes and I don't I actually don't own a lot of stuff. I like living light. Sean does too.
49:49
And we don't actually own houses.
49:49
We we like to rent houses.
49:52
so recently I I was with you guys and I didn't own any real estate.
49:54
Like I bought real estate when I was younger.
49:57
Um Yeah, I didn't I didn't before that I was I just thought like the better move is Bitcoin than like I'm not why am I going to buy this house in Malibu when I can rent and buy Bitcoin.
50:04
I sold I also sold all of my assets during the 2017 dump.
50:13
I owned property uh outside of I owned property in Mexico.
50:17
I had some vacation property and some property in Europe.
50:18
Had a plane, sold it all.
50:21
Uh actually had some friends try to schedule an intervention for me because they thought I'd lost my mind when I sold everything to buy more Bitcoin at 3300.
50:29
Um Wow, you you sold all your [ __ ] to buy the dip. That's incredible. That's amazing.
50:35
I got to ask you a different question. What are you into now?
50:37
Like we asked you a bunch about the past, but like what's the future [ __ ] you're really like somebody said you're into biohacking or you're you're into something like that and how stuff interesting about like owning things and and and I'm just kidding. I'm just kidding. Uh what am I into now? I'm into biohacking.
50:48
I'm into um Yeah, I don't know.
50:51
Like I think like I'm into it's interesting because I'm I'm I'm I'm I'm really into like analog things.
50:59
Like records, books, old I'm I'm you know, old games, old like pinball machines. Yeah.
51:06
Um big and I'm into horse like detoxing from phone?
51:10
Like your phone phone goes away for how long a day or something?
51:14
this new Oh, I forget what it's called, but this new thing that's black and white.
51:17
I'm trying to What's it called? that.
51:20
Um I think O box is is a new one that that just came out.
51:22
Palma Palma 2 I think is what it is.
51:25
It's supposed to be getting shipped.
51:26
Um But that looks really cool. We love those things.
51:29
I used the brick all the time.
51:31
Um and then there's like daylight which is like another like dumb phone. Daylight's nice. I've used daylight. Yeah. Yeah, I'm into that.
51:36
I'm into like to be honest like during COVID I I started getting into like western life.
51:43
This is going to sound crazy, but like I want a ranch.
51:44
Yeah, Sam bought a ranch.
51:46
I bought a ranch, my friend.
51:46
Do you want to be Do you want to be buddies? Like I would love to.
51:51
I would I bought a yacht before.
51:51
It was like on the Mediterranean cruising and now I'm like no, I want a ranch. I want horses. I want simple life.
51:57
Um so that's what I'm into.
51:57
What are you doing for biohacking?
51:59
Like what what what's your kind of like what's what I guess maybe what are you finding valuable or helpful or or you're seeing the best thing.
52:08
Yeah, I do I do a lot of peptide stuff.
52:11
Um I kind of grew up in like I spent a lot of time I should say in like rich guy LA circles for a minute playing poker and all these guys were on like TRT and HGH and all this other stuff.
52:22
And they looked great, but they weren't necessarily optimizing for living longer. So HGH is great.
52:27
You feel awesome on it, but you're definitely not living longer taking it.
52:31
TRT I think can be good for some people. It didn't work for me. I tried it. It made me um irritable.
52:35
So I I do other things to raise my testosterone like I take some rhodiola whatever and fadogia agrestis and I do a lot of squats and kettlebell stuff and so I do quite well with that. Um but what am I taking?
52:48
I'm taking peptides for the most part.
52:49
I think the best thing I've ever done I do a lot of sauna.
52:54
Um red light therapy I would say the best thing Johnson regimen.
53:01
I mean yeah, I I I admire what he's doing.
53:03
It I just think like what's the I mean he's doing it for science I guess, but for me it's yeah, not for me. I'm not that bad.
53:10
But I do have you know, I do have I take about 20 supplements a day for sure.
53:14
I inject myself with some peptides when I'm diligent about it.
53:15
But I think the best thing I've ever done was stem cells.
53:19
Are Are you doing peptides and stem cells for injury recovery or you doing pep I thought peptides is like for injury recovery.
53:23
Do you use it for other stuff?
53:25
A peptide's like a protein, yeah?
53:25
Like or an amino acid I guess that which is a precursor protein.
53:28
Yeah, it's a pre it's a precursor.
53:30
You can find a peptide it's a precursor for whatever you want to solve for.
53:33
So like some is for injury recovery like DPC 157 is really took.
53:37
I took that for my Achilles. It was great.
53:40
Yeah, it's but it also by the way that also helps with your gut.
53:41
Which then your gut connects to your brain which helps your brain.
53:45
It helps you there's a lot of benefits to it.
53:47
I take custom oral and epimoralin and examoralin. Um through the doctor.
53:51
I get tested very regularly.
53:54
My blood tested very very regularly.
53:55
But the best thing I've ever done and the thing I could recommend to anyone who can afford it is aside from sauna five times a day or five times a week, excuse me. Um is is stem cells.
54:04
Getting actual stem cells that are mesenchymal which is through the umbilical cord.
54:09
Do you do that if you have an injury or like I feel great?
54:13
Like do you Did you Were you in pain? great.
54:16
So you're probably Yeah, I mean I Yeah, no you look great.
54:19
Both of you guys look like I'm not sure how, but you guys look like you're you're doing great stuff for your health.
54:23
But I think yeah, I do you do you people do it for injury?
54:26
I did it because I wanted to feel better.
54:28
And um I found this place in Panama that I went to stem cell institute and um they were kind of the one of the pioneers behind it. Dr.
54:37
Riordan and I think that's like I think I think Mel Gibson's dad may may have talked about this on the Joe Rogan show.
54:45
I'd already gone there, but I think there's like an episode where Mel Gibson talks about his dad going there to get stem cells.
54:49
I've seen similar things. Like it's unbelievable.
54:52
where it's like it's own sovereign land?
54:55
No, I don't know what that is, but this is just Panama.
54:56
You're at like you stay at Hilton.
54:57
I last time I don't think it was sovereign.
55:02
Oh, I know what you're talking about.
55:02
I do know what you're talking about.
55:03
No, it's nothing like that.
55:04
Aren't they doing genetic They're doing genetic What Chris What What's it called where you Yeah, they're doing that, right?
55:11
It's like a Peter Thiel thing.
55:14
You're not even They're doing genome editing, yeah. Yeah.
55:15
I don't I don't want none of that.
55:17
I just want I want building blocks into my body to make me young.
55:21
So if you can give me the stuff that a little baby has to grow [ __ ] actual human beings.
55:25
what are these guys doing?
55:25
It's like their own little sovereign area and they're like building like the future Yao Ming super baby or something.
55:29
You know like the network state stuff, right?
55:33
Where it's basically like oh, if we can get like you know, I invest in practice.
55:35
It's like people who want to create create new lands where they can have like you know, let's say more they can have different rules, right?
55:42
For themselves and stuff.
55:43
Yeah, it's like a it's like a land where like Ayn Rand is the president.
55:44
You know, like it's It's like liberty It's like libertarian land.
55:48
You got to watch the documentary.
55:51
It's hilarious cuz Brian goes there.
55:53
I think he goes there for like a full plasma like swap with his son and his dad or something like that.
55:58
I don't I don't remember the exact procedure he did, but he goes and it's like the two scientists who created this institute and they show the guy and the guy's clearly like 23 years old. He's so young.
56:07
And but he has this mustache and he has glasses with like a rope as if like bro, we can see through the disguise. You're 22 years old.
56:14
And and then the narrator What he's standing on another kid's shoulders with a trench coat on? Exactly.
56:21
He literally looked like that.
56:24
And he's like you know, I think these guys' hearts are in the right place, but you know, they're not like 20-year PhDs if you know what I mean.
56:28
It's like hey cuz he's funny.
56:31
Uh it was it was so funny.
56:31
You got to watch that part.
56:32
Yeah, I actually did watch it and I know what you're talking about now.
56:36
And I remember like I had my finger This is where I need my digital whatever, but I had my finger on the fast forward the entire time.
56:41
Like I cuz you can't watch it all the way through.
56:44
It's just like what is this is not that interesting.
56:47
Um but yeah, I do know what you're talking about now.
56:48
Yeah, it's nothing like that.
56:49
This is more for you have a rotator cuff injury.
56:53
Um some parents were there with some kids who were um were autistic and they were doing that therapy.
56:59
There was people with MS.
56:59
There was a lot of different stuff that they were doing and I had the most I've done it maybe seven times.
57:05
Um the the injuries you have will repair permanent. That's permanent.
57:10
The Superman feeling you have for three to four months afterwards is fleeting, but it feels amazing for that two or three months period.
57:19
And the there's a lot of physiological effects that you know that you got a good batch.
57:24
Sometimes you don't get a good batch or it doesn't take, but if you had a good batch you'll know it.
57:28
And it's yeah, it's great.
57:28
I haven't done it in a while, but it is amazing.
57:31
Do you do any drugs or drink alcohol?
57:33
Do you get like [ __ ] up at all? So you're are you sober?
57:37
Yeah, I just never I I think the last time I ever got I mean I was betting on NFL football and Canadian football in university and waking up with a hangover.
57:44
I was just like yeah, this doesn't work.
57:46
So you've been in like this like vice this world a world of vice, but not substances and like No, I'm not too much of a control.
57:53
I'm a control I like to be in control of myself.
57:55
I like to be in control of my emotions.
57:57
I like to be making good decisions.
57:58
I don't like to be it not unable to think rationally.
58:01
So alcohol doesn't do it for me. Dude, this is great.
58:05
Thanks for Thanks for doing this, man.
58:07
Where should people follow you?
58:08
Is Twitter still the best place or X?
58:10
Yeah, I mean follow the football club.
58:12
I'm not looking to promote myself, but I would love for the football club to get more, you know, we were doing some great things this year at the football club and then You guys won, right?
58:20
You won the like We were recently promoted to La Liga 2.
58:22
We had an amazing first start of the season and then we had a game we had a stretch where we played 22 games in six days and I failed the culture in that I wasn't able to demand that we do things that were proper for rest and health for the players and we ran our players into the ground during that period because I didn't have you know, that was something that the coaches wanted to do.
58:43
And then we suffered some injuries and we've been basically we we we're in the midst of a six-game losing streak right now which is sad.
58:51
Um and we're paying for it from what we did in November which was a cultural failure on my part.
58:54
So Are you able to like apply the biohacking [ __ ] that you're learning to your sports psychology?
59:03
Not in the medicine part of it, but like there's lots of studies on how to optimize health and and what the your risk of muscle injury goes up 25% if you if a football player plays more than one game every six days.
59:12
There's plenty of research that can make you come to good decisions.
59:16
But like sleep and recovery and to We're going to do a better job.
59:20
When I bought the team we didn't even have a training facility.
59:24
So we're building a brand new training facility.
59:26
Uh we hope to announce the land that we've acquired soon.
59:30
Um and yeah, we'll do we'll do stuff like that.
59:32
Mostly because I want you were going to go from like doing these bets and hanging out with your dad in Vegas to owning a team and uh implementing like what you ever you want to implement?
59:41
That's pretty wild, right?
59:42
That's a good That's a good ending so far or it's not the end, but it's a good part of the story. You thought that? I did.
59:48
I was very delusional in my mind when I was younger.
59:50
I was very like I'm a very I'm really I'm really a big fan of that sort of stuff.
59:53
Like speaking things not speaking into it, but just like having the belief and why not? Why not? I mean, I don't know.
59:58
The universe is kind of there for you do it like you you can craft your own path.
1:00:02
Just keep trying until you get there. Dude, you're insane. You're the man. Awesome. You're the man.
1:00:08
You Thanks for coming on, dude.
1:00:09
You Yeah, you're welcome. Well, thank you, man. That's it. That's the pod.