Haralabos Voulgaris is one of the most accomplished professional gamblers in history.
Focusing solely on the NBA, his edge early in his career came from a keen understanding of match-ups, mapping the tendencies of head coaches, and exploiting mistakes in the lines set by the sportsbooks.
This approach was profitable for years, so much so that Haralabos regular wagered $1,000,000 per day on games. Around 2004 the sports books caught on to his strategies and made adjustments to kill his edge.
This was when Haralabos made the shift to using statistics and algorithms to inform his betting decisions. He became a pioneer in NBA statistical analysis and in addition to being recognized for his gambling prowess, he’s been featured in the MIT Sloan Analytics Conference, and consulted for NBA teams during the off season.
In this episode, Elliot and Haralabos discuss winning in a game that most believe is unbeatable, balancing extreme success with happiness, and the value of personal development.
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