Celebrity handicapper Steve Stevens from CNBC's original series "Money Talks" provides simple explanations of sports betting terminology and gives out his formulas for success. Today's topic: Profitable Betting Strategies

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Fans of the hit TV show "Money Talks" can now get the inside track on Steve Stevens' sports picks and sports betting news by tuning into his podcast. The VIP Sports Las Vegas podcast features Steve Stevens in a raw and unfiltered conversation. Steve Stevens' fans know him as the "Bookie Killer" born and raised in Las Vegas, he's the #1 sports handicapper in the world. Steve Stevens' big clients wager amounts larger than most people dream about, and they win more than they lose, that's the name of the game. Get into the winner's circle with VIP Sports!