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Think about how this works. You only need 1 rich bastard with more money than sense to give you an annual salary.

This is the key point, and is what all tipsters who know they are selling s**t use:

15. Profit Guaranteed
VegasConsultants.com guarantees all picks purchased through our service. If a purchased plan does not profit then your member’s account will be credited with the total amount of the plan purchased.

So if the picks fail, the tipster honours the guarantee, returns the money and the customer walks away feeling he was just unlucky. If the picks win, tipster keeps the subscriptions and the customer is sold the story that the tipster knew what he was doing and comes back for more. Repeat over and over until the picks fail and the customer walks away feeling unlucky. All the while, the tipster was just flipping coins. It's the perfect combination of survivorship and attribution biases, or to put it more bluntly: "heads I win, tails you lose, and you don't even know it."
 

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