Haralabos Voulgaris Is a man that bets the NBA for a living.At this years conference he sat center stage with Mathew Holt,Director of sports data for Cantor gaming.Holt made a statement at last years conference that Cantor would back any bet from $100,000 to 1 million dollars.Voulgaris finds himself on the short end of the stick at Cantor.He is limited to bets as low as $5000.00.Voulgaris came to the this years conference with an ax to grind with Cantor Gaming and Mr Holt.Here are some excerpts from the exchange.
Voulgaris:In reality bookmaking is pretty easy,some of the dumbest people I know are bookmakers.Not you Mr Holt.
Voulgaris on inefficiencies''Back when I started bookmakers were even more clueless then they are now''
Voulgaris''In reality lines are created offshore.Betters (Then) are making the line.Bookmakers (HERE) aren't
Voulgaris,How much will you take,Matthew?Lets go to Vegas right now"Holt:''I understand your not having a good NBA season"
Voulgaris:"Bookmaking is a parasitic business.The least they can do is take a maximum of $5000.00 from people"
Millman to Voulgaris:"If its so hard to get money down,why do it?Voulgaris:''What else am I gonna do?Be a professional Tweeter?
Voulgaris to Holt''I think when you first started,you had the Idea of taking on Sharps,then you realized how difficult it was.
Holt:''I don't want to tell people how to build a model''Voulgaris:''You don't know how to build a model"
Voulgaris:In reality bookmaking is pretty easy,some of the dumbest people I know are bookmakers.Not you Mr Holt.
Voulgaris on inefficiencies''Back when I started bookmakers were even more clueless then they are now''
Voulgaris''In reality lines are created offshore.Betters (Then) are making the line.Bookmakers (HERE) aren't
Voulgaris,How much will you take,Matthew?Lets go to Vegas right now"Holt:''I understand your not having a good NBA season"
Voulgaris:"Bookmaking is a parasitic business.The least they can do is take a maximum of $5000.00 from people"
Millman to Voulgaris:"If its so hard to get money down,why do it?Voulgaris:''What else am I gonna do?Be a professional Tweeter?
Voulgaris to Holt''I think when you first started,you had the Idea of taking on Sharps,then you realized how difficult it was.
Holt:''I don't want to tell people how to build a model''Voulgaris:''You don't know how to build a model"
