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Corrections & Honest Touts

Posted By: Bob Fisher
Date: 23 Aug 01, 5:29 pm

In Response To: Guess you can't read (Don Schlesinger)

I will try to answer 2 of John Mays concerns. The first is Will the market adjust? You mentioned that the prior record was obtained by "private clients" and that he is now going public. This private nature of the service could explain why the market was not seriously affected. But with going public now, anybody can subscribe to the service including someone from a place like Las Vegas Sports Consultants. If they believe he is good the line will adjust because if it doesn't, Gorden's clients will win money from LVSC clients while producing nothing in return. There will be more action on Gordon's picks so to balance the books of LVSC clients, the LVSC line must move against the Gordon pick.
Here is how a dishonest tout usually works. Buy my picks. My picks MUST WIN or I will give you a complete refund of the money you paid ME plus a free pick next week. Any money you lost to bookies betting my picks will NOT be refunded. An honest tout will be willing to not only refund your purchase price, which you never earned anyway if you pick below 52.4%, but also refund the4 money you lost betting his picks. A minimum bet per pick must be assumed to cover the tout fee. In Gorden's case I believe he wants $1,250 for the season which he claims is about 80-100 bets. Let us assume 100. They you are paying $12.50 per pick. The minimum bet level the honest tout would be willing to refund would be the bet required to cover this extra expense. In this case it would be around $100-150. The client can now bet more than this amount and be guaranteed a profit if the tout does what he claims he will. The important point is that the tout is willing to put his OWN MONEY at risk on his own picks.

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Messages In This Thread

a question -- Arthur -- 21 Aug 01, 5:11 pm
answers -- Stanford Wong -- 21 Aug 01, 7:05 pm
Virtually all attainable -- Don Schlesinger -- 21 Aug 01, 7:36 pm
More data is required -- John May -- 22 Aug 01, 11:03 am
More data will come -- Stanford Wong -- 22 Aug 01, 1:39 pm
Highly doubtful -- Don Schlesinger -- 22 Aug 01, 7:02 pm
Don, you are one lovable smartass! (nt) -- Compador -- 22 Aug 01, 8:01 pm
Chunk Bet -- Fezzik -- 22 Aug 01, 10:40 pm
Wong +500 looks resonable -- Math Boy -- 23 Aug 01, 8:22 am
I'm impressed -- Don Schlesinger -- 23 Aug 01, 9:33 am
not that great an estimate -- Math Boy -- 23 Aug 01, 3:47 pm
Spoilsport -- John May -- 23 Aug 01, 4:09 pm
DonS is running the wrong way! -- fezzik's chunk bet -- 23 Aug 01, 11:15 pm
Eye of the beholder -- Don Schlesinger -- 24 Aug 01, 8:36 am
you're not as smart as i thought you were -- docriver -- 24 Aug 01, 10:06 am
Strange thought processes -- Don Schlesinger -- 24 Aug 01, 5:13 pm
you believe because you know him...but what about us? -- docriver -- 24 Aug 01, 5:28 pm
Honest answers -- Don Schlesinger -- 24 Aug 01, 6:36 pm
Four years -- docriver -- 24 Aug 01, 5:30 pm
219/391 -- Don Schlesinger -- 24 Aug 01, 6:40 pm
a little math question -- docriver -- 24 Aug 01, 6:43 pm
Math question -- Colin Caster -- 24 Aug 01, 8:06 pm
Suggestion: List those 391 picks -- Stanford Wong -- 24 Aug 01, 8:34 pm
Just asking -- Don Schlesinger -- 24 Aug 01, 9:07 pm
Don, isn't this two-faced? -- Fezzik -- 25 Aug 01, 12:20 am
No new picks with old prices, please -- Stanford Wong -- 25 Aug 01, 7:14 am
Always boils down to the same thing -- Don Schlesinger -- 25 Aug 01, 8:54 am
Classic DonS Deflection Post -- Fezzik -- 24 Aug 01, 8:56 pm
Too serious -- Don Schlesinger -- 25 Aug 01, 8:45 am
I think you touched some nerves Don -- DowntownMan -- 25 Aug 01, 1:26 pm
I don't expect an answer . . . -- Don Schlesinger -- 25 Aug 01, 5:56 pm
Good post! -- Fezzik -- 25 Aug 01, 9:01 pm
Question re: " correction to the Gordon sample". -- samo666 -- 23 Aug 01, 2:43 am
You need to look at the total number of touts tested -- John May -- 23 Aug 01, 3:07 am
Asinine analysis -- Don Schlesinger -- 23 Aug 01, 9:36 am
Er...why? -- John May -- 23 Aug 01, 1:13 pm
Guess you can't read -- Don Schlesinger -- 23 Aug 01, 4:34 pm
Corrections & Honest Touts -- Bob Fisher -- 23 Aug 01, 5:29 pm
Quite misguided analysis -- Don Schlesinger -- 23 Aug 01, 8:53 pm
Baccarat vs touting -- John May -- 24 Aug 01, 12:24 pm
I thank God every day -- Don Schlesinger -- 24 Aug 01, 5:28 pm
What makes Stanford Wong an authority on football wagering? -- Colin Caster -- 21 Aug 01, 11:10 pm
Wong has established -- John May -- 22 Aug 01, 4:39 am

 

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