In his Talking Points Memo tonight, Bill O'Reilly reacted to President Obama's defense of the Iran nuclear deal and said that the president's gamble could have terrible consequences.

O'Reilly asserted that the Iranians got the better of the negotiations. The fact that they do not have to submit to snap inspections of their nuclear sites means that they can cheat and get away with it, he said.

"President Obama sees the issue in stark terms: Either you make a deal, or Iran develops a nuke and war breaks out," O'Reilly said. "But here, the President makes a mistake. He could have held out a bit longer and upped the sanctions. That would have given the USA more leverage."

O'Reilly asserted that "avoiding armed confrontation" has been Obama's foreign policy from the very beginning.

"War with Iran would be a disaster," O'Reilly acknowledged. "But this nuke deal is a gamble, one that - like the total pullout from Iraq - could lead to terrible consequences."

"President Obama, the gambler, believes he knows when to fold 'em. He did that for a deal that has delighted the Mullahs and divided Americans, a deal that will clearly define itself only in the years to come."

Watch the full Talking Points Memo video in the video above.

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