Jon Price is a professional sports bookmaker and radio personality, widely regarded as the most successful sports bettor of all time. He gained notoriety for winning on high stakes wagers running over $1 million, which made him a respected and sought after gambling expert. He owns the Sports Information Traders, a sports handicapping online platform.
How did Jon Price Become a Bookie?
Price was born in September 1973 in New York City. From a young age, he was exceedingly interested in sports, gambling and business. He also had a great brain for mathematics and he attended NYU, where he got a Mathematics degree. He claims that as a young boy he was studying practical mathematics and statistics obsessively and eventually began correlating mathematics with sports. While at NYU, he discovered his affinity to sports gambling and his career as a bookie took off.
Initially, he started out with little predictions for his dad and his friends at racetracks in New York. He then branched out to the NFL, winning the first five betting pools he joined. Eventually, no one wanted to join pools where he was playing but many were coming to him to help them with their picks. During the first month betting on the NFL, Price made his roommates more than $75,000 and he discovered that he could make a living charging for his picks. Even then, he was reportedly placing wagers of six and seven figure with sportbooks in Vegas which brought him substantial earnings. He tried to keep a low profile but he could not stop the news of his winnings spreading like wildfire.
When he had made enough money to retire, he decided it was time to start his own service helping people with betting advice to turn their luck. In 1996, he started a firm called Sports International Traders, which handled his sports handicapping activities. He marketed his new firm as a safer bet than stock trading, something that looked like an exaggeration to many people in the 90s The Wall Street downturn during the early 2000s attracted business from people looking for alternative investments and his operation grew from strength to strength.
Jon is known to be a high stakes bettor when he does get down to betting himself. On multiple occasions he is said to have placed more $1 million on a single game and his carefully determined algorithm ensures that he wins more times than he loses. His biggest confessed wager was a $4million which he claims to have won. The casinos in Nevada are so afraid of him that he has to seek approval from the back office for any of his wagers larger than $20,000. During his career, he claims that 17 of his clients have reportedly been cut off by their bookmakers because they were winning unusually high sums. In 2015, he placed a $22,000 bet on the Kansas City Royals winning the World Series before the beginning of the season. The Royals won and Price pocketed $264,000 in winnings. He has a very stringent hiring policy, with only Ph.D’s in Computer Science, Mathematics and Statistics getting hired. This is a prudent undertaking since a practice like his thrives on the ability to analyze complex game metrics such as injuries, gameplays and opponents profile in order to produce an edge for the gambler. `
Although he claims to hate publicity, Price makes regJon is known to be a high stakes bettor when he does get down to betting himself. On multiple occasions he is said to have placed more $1 million on a single game and his carefully determined algorithm ensures that he wins more times than he loses. His biggest confessed wager was a $4million which he claims to have won. The casinos in Nevada are so afraid of him that he has to seek approval from the back office for any of his wagers larger than $20,000. During his career, he claims that 17 of his clients have reportedly been cut off by their bookmakers because they were winning unusually high sums. In 2015, he placed a $22,000 bet on the Kansas City Royals winning the World Series before the beginning of the season. The Royals won and Price pocketed $264,000 in winnings. He has a very stringent hiring policy, with only Ph.D’s in Computer Science, Mathematics and Statistics getting hired. This is a prudent undertaking since a practice like his thrives on the ability to analyze complex game metrics such as injuries, gameplays and opponents profile in order to produce an edge for the gambler. `ular appearances on radio, TV and sports publications. He gives regular interviews for publications like the Huffington Post, The Sports Daily, Gambling 911 and also appears weekly on radio programs across the country.
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