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Johnny Detroit has built an impressive winning record: He has been booted or had limits lowered at 9 offshore sports books, has numerous documented Top 5 finishes in both NFL and College Football and his team of handicappers won the 2004-05 Las Vegas...

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The first time Johnny Detroit went bust....

by Johnny Detroit on 06/09/2008 11:28 PM
Every person who lives the life of a gambler has times when they hit rock bottom or go bust. When I say the life of gambler, I do not mean working a 9-5 and placing some wagers online. I mean 24/7 living it. The people, the money swings, everything. I got my start off young running parlay cards but quickly learned how to run book and branched off and recruited everyone around me as clients. I was running good before I was old enough to drink but eventually this happened:

"We need to talk when I get home...." That is when I knew it was officially over. I realized at that point for the first time I did not have all the answers. Only 24, but before that day I thought I knew it all. So how did I get to this point of total collapse? The girl I was supposed to marry was gone. All the money was gone. I stopped going to school a long time ago, and quit working not too soon after that. So you can understand, let me go back about six months.
This old time bookie I knew once told me, "No on stays on top forever." Even though it makes sense now, at that point in my life it went one ear and out the other. Shit, why not. I did not have to work. I had a brand new Explorer, a 55" TV, a sweet ass apartment. You name it. To top it off, two weeks earlier I went to Florida on what was supposed to be a three day trip to see Michigan play Arkansas in the Citrus Bowl and turned it into a 10 day vacation because I did not feel like coming home. It was only money, right? No one could question me. I was running parlay cards, booking bets, and hand my hand in anything I could that involved a good hustle. The day after Florida my alarm went off; BEEP, BEEP, BEEP. Snooze. BEEP, BEEP, BEEP. Snooze. Once again I thought I figured it all out. Did I quit? Nope. Fired? Hell no. I just stopped going to work. Why work? Why have to wake up every single day when I had more money in my pocket than I could make working a month at 40 hours a week. If I wanted something, I would just buy it. New bedroom set? I still remember going into the furniture store and telling the manager, if I pay cash right now for all of this, can you have it delivered and set up before my girl comes home? It was delivered, set up, and the old one gone before she even walked in the door. I loved to work out, but going to the gym was such a pain in the ass. So I took a trip to a sporting good store and turned one on my rooms into a gym; weights, treadmill, stair climber, bike, you name it. People talk of one day having their dream job. At 14 I was passing out parlay cards at school and turning them in for a 10% cut, and by 24 was few years into my "dream job" of running my own book. My work day consisted of answering a phone for a few hours a day, driving to pick up my parlay cards, dropping them off, and collecting or paying money every Friday. Not only that, my main man, Reggie was released from the pen after doing a two year stint and everything was clicking. I had a beautiful fianc who was sporting a 2 karat ring I bought her. I would roll out of bed around noon, Reggie would stop by, and we would play some Sony for a few hours and than hit the titty bar for lunch. Bounce to a few more titty bars, stop at the casino or maybe shoot some pool. Go home, answer the phones and than head out for the night. That was my life. No waking up early if I did not want to. No having to come home early. Everything was perfect and almost better than perfect considering football just ended and I went through it basically unscathed and leaving more than one person with an empty bank account. Than I met Charley.

My main technique of recruiting new players was converting parlay card players. "Man, you lost again by one game", I would say. "You know if you would of bet straight you would of made some money? " Hook, line and sinker, it was a sales pitch that worked on anyone regardless of race, color or creed. Other than that using this infamous technique I would tell my current customers I would give them a % of money made from any friends they brought in. Enter Charley. Kid was not even 21, and to this day I can still remember my girl's brother calling me telling me about his friend who loved sports, but his bookie was a half ass who was always late paying. His first bet was a winner on the Miami Heat for a 100. No big deal. Bookie's dream is to have them win the first bet. It is like the high school kid when he first gets laid, you are hooked. I was licking my chops, and planning what this poor kid's losses would buy me. I mean for gods sake, this kid was the epitome of a "square bettor". He watched ESPN for his information, and handicapped using the local paper. But quite the opposite happened and for the first time in a long while, I had someone that was starting to beat me week in and week out. Cut him off? Hell no, this guy was a "square". He would start losing any day now, give back my money and than some. They always do. Except Charley.

Within a month it got so bad, that if he would lose 1 out of 3 games, I considered it a moral victory. Not only was he winning, but his games were basically in the bag by halftime. Even worse was he was now betting $500+ per game. One game that sticks out in my head that I thought I actually was going to win was Orlando and the LA Lakers. He had LA minus the points and at halftime Orlando was waxing them; bad. 3rd quarters starts, and Kobe Bryant goes on a scoring rage, something like 29 points or something. Start of the 4th quarter, LA has the lead and goes on to bury the Magic. By this time I was spending my nights on the couch rather than sleeping with my girl because I was up every night watching the late games, and by the time they ended I was sick to my stomach. Going over totals and checking scores multiple times to make sure that the numbers could really be that bad, By this point, it was not just Charlie, but everyone was winning. The favorites and the over were booked as winners before the games ended. To make matters, worse, my run of cleaning up on parlay cards hit a major bump when me and Sammy (my partner on the cards) got our clocks cleaned one weekend when all the favs PLUS Michigan, Michigan State and the Lions all won big.  Everything was falling apart. Without a job, I had an apartment to pay for, cell phone, truck, the list just went on and on. When you hustle for a living you do not get a pay check on Friday. You need to earn and keep earning. There is no vacation or sick pay. Not only was Charley beating me, but guys who for the longest could not pick the Monday game if I let them bet Tuesday morning were winning. Platinum cards with $8,000 limits were maxed out with cash advances.
Than the call came on my cell phone...."We need to talk when I get home...." Within the week, she was moved out and I was at the lowest point in my life. I would sit there in my apartment filled with materialistic goods that for once in my life had no meaning. My big screen and surround sound system that I loved to show off sat turned off most of the time. All the fancy gym equipment was covered with dust because I stopped working out long ago because I kept stopping my workout to check the scores. I had no job. With all the cash advances my credit card debt was nearing $24,000+. Mind you, I was 24 and busted out, so the $24k at this point was AFTER all the other money was gone. But I sucked it up. Big deal, f**k it, I would handle it. I always did. If I ever wanted something I found a way to get it. I hustled my way into anything and everything, and I would make it out of this. Or so I thought. Like it was yesterday, if I close my eyes it is like I am there. Walking out of the shower and realizing I was busted.

"Mom, Dad, is it okay if I moved home?" I went from having everything, to moving back home into my room at my parents. I cleansed myself of all the materialistic bullshit that basically ****ed up my life and sold everything from the TV to the stairmaster. It was all gone, but for the first time in a long time I had meaning back in my life. Try going from living in fantasy land and the "he who has most toys when they die, wins mentality" to living in the same little ass bedroom you grew up in. Try going from having a glass of Crown Royal on the rocks in one hand, a Sony controller in the other, playing Madden on the big screen to watching T.V in some cold ass basement because your dad was watching the History Channel on the good T.V. Even though I should if hated it, it made gave me time to think and get my life back together.

It took a little while but I got back on my feet and eventually moved back out. A few months in someone broke into my apartment and did not steal a thing. All the drawers and closets were thrown on the floor and the mattress was flipped over. Even though I am just an average joe now, my street rep as being "the book" was still out there, and obviously someone was trying to make a score. Sorry my man, no rubber band stacks of money anymore. Like I said, a piece of that lifestyle will always be with me. I know my life will never be completely normal, and the 9mm that sits above my bed reminds me of that everyday. Reggie ended up going back to prison. Our buddy George went away during that time and just got released from Jackson a few months back. Another associate of mine went way off the path and last year robbed a bank in South Dakota and was busted by the feds in Vegas. With a lot of old school friends either in prison or gone from reality, I hear that alarm buzzer go off this time; I smile and get up to go to my office down stairs to enter the Pregame world. I get to do what I love without worrying about the police kicking in my door. I cherish each and every day I can do this for a living.

I have a wonderful wife and two beautiful children. Have a nice house in the suburbs and even have two dogs. The fast lane lifestyle is gone forever. But you know what? I finally realize that there are things more important in life than pointspreads and stacks of cash. Most of all I cherish everyday, and appreciate the world and people around me, because I finally realize the "old man" was right when he said, "No one stays on top forever...................."


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22 Comments:

 

posted by Johnny Detroit on 06/09/2008 9:13 PM

No idea why the formatting is jacked....Did not look that way when I posted it.

 

posted by Johnny Detroit on 06/09/2008 9:22 PM

Fixed. Geez.

 

posted by Silver Bullet on 06/09/2008 9:36 PM

Good stuff Johnny.  We all continue to learn as life goes on.  It's good to see you have lived and learned.

 

posted by Tommy Rider on 06/09/2008 9:36 PM

Great story JD. I have a similar one I will share someday. The thing is, only people like us can understand. You tell that story to a "normal" person and they just don't get it. They'll say, "Why didn't you just get a job?" That's why I like it here at Pregame. Everyone is a sick degenerate like myself.  By the way, Matty just told me you are our age. You have been around the gambling scene for so long and I had heard of you so long ago, I thought you were like 50. lol

 

posted by Johnny Detroit on 06/09/2008 9:38 PM

Hope. 33. Been doing it before I could drive. Met the guy on the parlay cards when I was washing dishes at a place called Blazos (no longer there).

 

posted by Silver Bullet on 06/09/2008 9:41 PM

It just freaks me out that all you guys are younger than me.  I've been a sports fan all my life, but never got into betting until late last year.  I'm don't try handicapping, but really enjoy gambling and I'm glad I can come here for insight and some great picks.

 

posted by mrfreeze on 06/10/2008 4:41 AM

    In a couple of years, this could be the Jesse Hellerud  Story.

    Tommy-  I'm not a sick degenerate like you guys,   but I get the story.    I know what it's like to think you need to have the coolest toys,  buying stuff just because you want it,  but I've learned these same lessons without the misfortune of hitting rock bottom,   and every day I see people who are very far from learning them.      

    I've actually done really well with gambling up to this point,  because it hasn't taken over my life,   but every so often I'll either do something stupid  or have some bad luck.   Like recently when I bet $50 on Big Brown in the Preakness,   I won $21.15,  plus got the $25 match and 100% match on my deposit,   both of which I had to risk 3 more times before it was really mine.   I turned that $50  into just over $230,  then I decided to bet $15 on the Brewers, $20 on the Mets,   both lost, but my other $5 bets came in,  so I had $210 on Saturday.  I bet $10 on baseball and those both won,   but with the other $200,  I put it all on Big Brown to win.   I figured without Casino Drive there, he was pretty much a sure thing,  having already beaten half the field,  and everyone else being longshots.

    So is that bad luck?   Could be.  Or was it just a stupid move?    It seems the only times I get into trouble with my bankroll is when I decide to drop a big number on one event.      

    Anyway,   it really is important to value the things in life you have,   and keep yourself on a path that will ensure you don' t lose them.     Friends and Family are at the top of the list,   but your house/Apartment,  car,  big screen,  etc.  Just because it's not the MOST important thing, doesn't mean you should give the stuff away,   hold on to what you've got.

    The way I see it,  there are a few distinct types of gamblers,   the guys who work 9-5  and gamble for fun or to try to make a couple of bucks on the side,   the "Sharps"  who can consistently make money,  and the Degenerates or addicts who can't win,  but won't stop.     The difference between the Sharps and the Degenerates is their definition of  the term  "House Money".    To the Sharp,  House Money is money that they've won from the casino or sportsbook,  and if they lose it,  they're not really out anything.  To the Degenerate or addict,   House Money is either a) The mortgage payment that they are using gamble with, because they know they can "get back"  and solve all of their problems by winning a few bets.  or b) Money they've gotten from refinancing their house,  for the purpose of gambling. (which they will  inevitably lose)

 

posted by Chuck O'Luck on 06/10/2008 6:38 AM

JD,

      Glad to hear you're LIVING the "Real American Dream" Now!

 

posted by Chuck O'Luck on 06/10/2008 6:46 AM

This STORY Begs the Question.........When was the SECOND Time Johnny Detroit went Bust?

 

posted by Tommy Rider on 06/10/2008 7:56 AM

Mr. Freeze, I was talking more about people who never gambled in their life and have never been around the scene. I'm sure you can understand because you know what it's like to win or lose a bet. A lot of people don't know that feeling. They would think JD's story was silly because like I said, they would wonder why he didn't just quit and get a job. I know everyone that comes to this web site understands. But I bet the people I work with wouldn't get the story. I know because I tell them my stories and they are blown away.

 

posted by Stew on 06/10/2008 7:56 AM

Great story, JD

 

posted by Hellerud on 06/10/2008 8:11 AM

damn that shit is crazy Johnny... even thought it sucked when u lost  would you still go back and do it again?? im sure there was a lot of fun times...... it was probably like the college life? but even more thrill?

 

posted by Johnny Detroit on 06/10/2008 8:39 AM

Never went "bust" a second time. When I started my first site back in the days on GEOCITIES I was back at Ford making great $ as an investigator. Looking into counterfeiting, theft, etc. As time went out and I made more money, I decided to leave the 9-5 world a 2nd time (little wiser this time). Toss in getting great connections offshore and learning how to middle/scalp etc, everything ended up better than I could have ever hope.

 

posted by Johnny Detroit on 06/10/2008 8:50 AM

Hellerud,

Yes and no. Back than I was hanging with some really shady people. My best friend from childhood was a big drug dealer. Learned a lot about a different world and got a master's degree in street smarts, but would not change my two eras around for anything.

My life now, I meet exciting and interesting people. I travel and do things I never would have done back that. When I was in Vegas for the WSOP partying with sportbook owners at JET and TAO. My younger days I would meet people in corner dive bars. Last year I took some time off and went to Rome with the wife. My younger days the only trips I took outside of some bowl games were the track and strip clubs.

 

posted by Johnny Detroit on 06/10/2008 8:56 AM

Time has passed and "Bookstore Eddie" died a few years back, but he was pretty old school. Obviously if he was still alive I would never say his name or be sharing this, but this is how old school he was:

This is from 1974 when he got pinched one time:

bulk.resource.org/.../534.F2d.667.74-1034.html (Edmond Burdziak).

We would meet at a place called 3 Nicks on Warren Avenue in Detroit. Total dive bar that was packed with bikers, bookies and other scoundrels.

 

posted by spartan on 06/10/2008 10:49 AM

Refreshing candor JD, I can relate so much it is spooky. We could have one helluva talk sometime. Thanks for sharing my man. Good luck in the future, with it all!

 

posted by chuck o'luck on 06/10/2008 11:25 AM

JD,

      So you're part owner of Pregame? You Middle & Scalp? Do you still Bet All Sports? How else do you make your living? Inquiring minds want to know! I find this all very interesting & I'm sure others reading this too. Thanks in advance.

 

posted by Johnny Detroit on 06/10/2008 11:48 AM

When I merged my old sites (letitridesports.com, postyourplays.com, etc) with RJ it gave me % ownership in Pregame.

I middle and scalp alot.

Also wager. Do not handicap, just follow steam and tips from offshore.

 

posted by Chuck O'Luck on 06/10/2008 11:57 AM

What all do you Scalp? Concerts, Broadway, Sporting Events Tickets?

 

posted by Johnny Detroit on 06/10/2008 12:37 PM

I should say I middle a lot. Not many books stick on lines anymore. Used to have a ton of these type of wagers:

Tigers +135

White Sox -125

You take both sides and lock in a profit.

Here is a blog post I did on scalping:

pregame.com/.../baseball-season-means-quot-scalping-quot-season.aspx

Mainly do the middling now. Getting 3 point moves daily in the WNBA.

 

posted by Chuck O'Luck on 06/10/2008 1:17 PM

Ok. Read your Blog on scalping.

 

posted by Johnny Detroit on 06/11/2008 5:55 AM

The scalping blog was updated Chuck with some good examples.

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