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Touts, honesty

Posted By: Kim Lee
Date: 25 Aug 01, 3:36 pm

Sports touting is populated with despicable liars. Stanford should really link to Sports Watch and Sports Monitor. Here is an article describing typical experiences with touts.

www.jakesnake.net/AHOLIC.HTM

Unfortunately Jake thinks his current football "tout" is good because Jake won by betting more on the winners during a 50% season. I swear www.goldsheet.com actually had an article suggesting you should make money in a 50% season by betting more on your strong picks. How about fading your "weak" peaks!

People tend to be overconfident and optimistic about sports - first to themselves, and then to their friends and customers.

For example, I believe Stanford and Don are honest. When Stanford disclosed his lifetime record he "called it 55%" when I calculated 54.3% from his disclosed numbers.

Similarly Don claimed Dan Gordon hit 57% for 20 years. But Don hasn't known Dan for 20 years. In fact, "to the best of Don's knowledge" Dan has been a sports bettor for 20 years with no other job, but Dan acknowledges he has taken at least a few years off from sports betting and been employed by newspapers. Then Don said he had personally monitored for 5 years, 57.1%. Then he said he only received the picks for 4 seasons, 56%, and acknowledged he didn't check lines. Dan wrote

"Getting good prices and anticipating line moves and knowing WHEN to wager are just about as important for making money [as picking winners]"

Stanford wrote

"But we all can see a few loopholes that would allow honest people to honestly report a misleading W-L record, when a list of bets Dan made early in the week is submitted to you late in the week and you made no effort to find out what lines were available after receiving the information from Dan."

Don certainly has no right to get indignant when people question him for clarification.

Anyway, these are the honest guys. But if you take their casual descriptive summaries at misleading face value then you are an accomplice in your own deception. Don't believe anyone or anything in this business until you have clarified and verified it yourself. Double-check for accuracy, and then triple-check to keep yourself too busy to bet. I'll save descriptions of dishonest guys for another post.

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Messages In This Thread

Touts, honesty -- Kim Lee -- 25 Aug 01, 3:36 pm
Getting the best line -- RD -- 25 Aug 01, 8:13 pm
This is the BEST post I have read -- lepto -- 26 Aug 01, 8:06 am
More Observations -- RD -- 26 Aug 01, 10:23 am
re:more observations -- shadow -- 26 Aug 01, 11:10 am
Impressive post -- Don Schlesinger -- 26 Aug 01, 11:42 am
Nice post -- StevieY -- 26 Aug 01, 3:39 pm
excellent post -- alterego -- 26 Aug 01, 9:03 pm
getting the best line -- Michael -- 27 Aug 01, 4:53 pm
goldsheet -- Michael -- 27 Aug 01, 4:40 pm

 

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