The ULTIMATE Tout/Anti-Tout Argument

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So does that mean you were a clueless degenerate loser with a serious gambling problem when you signed up with Wayne Root,Jeff Allen (currently imprisoned)and the others you mention in tout quotes thread?
 
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Wianese Hacker:
I don't post often, but read a lot on the topics that are of interest to me. My only other comment is that you guys should take a step back and look at yourselves. I mean here you are at 2 and 3 in the morning, debating each other about this shit. Seriously, get a life and worry about your own damn selves instead of being in other people's business. I don't get McIrish in these forums. I can't cap games as I have a job and familial obligations that don't allow me to handicap and post on the RX 24/7. Only reason I can today is because of the snowstorm.<HR></BLOCKQUOTE>

Are you related to (T2W). ??

Now go make yourself usefull and shovel your driveway.

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GER-
"Ps
Don't feel bad I was a stupid, careless, wreckless gambler who thought touts could make me money at one time too."

- I think that should answer the question

The RX Rules
 
Just a reminder and a laugh for those who don't remember the Snake Thompson/Dr. Dick story.

Quote from Snake Thompson:

"When I decided to charge for picks, a forum user by the name of DrCravenMoreDick emailed me and said he was a bond broker in NY and would be happy to send me a $500 check to help cover my college costs and I would in turn send him picks for as long as I was a pay service. He first emailed me at Drcravenmoredick@aol.com then told met to use wfhawthorn@aol.com. I sent him picks for a week and then emailed him to ask if he had sent the money because I hadn't recieved it. A few days later he emailed me and told me he decided not to send anything. Of course he didn't want to tell me this while he was receiving the picks for nothing, and since I assumed I had $500 in the mail, like he assured me, I put money toward paying off college expenses. Anyway, he now won't answer my emails, got free picks for a week and a half, and screwed me over since I've now had to borrow more money to cover what I paid off out of my own pocket, which I couldn't afford. With this info, is there any legal action I can take against him, or anything I can do at all? Just wondering from those more experienced in law than me... Let me know please. Email me at jake@mbpicks.com if you want to keep it private.

Snake Picks
 
ger379
Yep and thats why I can say been there done that. The only difference between me and Wianese is that I was a single 21yr old with no financial obligations other then my bookie.
 
A quote by W Hacker

"By the way, I am no plant or ghost poster."

Mr (25) post Bullshiter.

Get a life dipshit.

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Thanks Dog ....how'd
I miss that?
Anyway, as someone who has been on both sides of this fence it appears to me that the most vehement tout bashers do so out of anger and embarassment about being conned. It's easier to say all handicapping services suck instead of taking responsiblilty for your own actions.But the fact is there are guys out there who get the job done. There are over 3,000 sports services but yet less than a hundred sign on with Sports Monitor or Sports Watch to be monitored which means the majority have no interest in having their picks be a matter of public record. Key in on the documented guys and research who does well in the sport you're intersted in (or find a site like this one and find some solid guys for free)
 
Vegas
Wianese is unavailable he says he will get back to us on Good Friday April 18
 
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by ATX:
I havent read more than the first page of this thread, but before I read the whole thing I would like to add this before I forget:

From the initial responses, it seems apparent that some of you dont realize something fundamental and very important about the stock market. The stock market IS CONTROLLED BY A VERY FEW INDIVIDUALS, and this is documented, and I have a LOT of PROOF. I know of a couple of great stocks to buy, but that would only drive the price and cast suspicion towards me. I'm not really a conspiracy theorist, but I am not blind to the fact that human nature + American dollars = a lot of evil. The few individuals that control the stock market have their eye on much larger things but that is not so much what this is about (email me for links). I will say one thing. Our airports are a disaster waiting to happen, I have no doubt that coordinated attacks are imminent on multiple sites in an effort to cripple our transportation system. And this WILL cripple our transportation hubs. There is a solid information trail leading to this conclusion as well as other intelligence gathered from weak-link Islamic Fundamentalists. The government has done nothing even basic IMO to stop this from happening. Which is why this group is investing heavily in another transportation sector (my sources say they control 40% now). Who are the members of this group? Those in power that want even more power. The mainstream media is no better than a monday nite road fave, put your money and belief on the opposite to come out ahead, they are manipulated more often than they report the truth, as "those in power" own a large contingent of the media.

I could go on and on, but the main point of the above paragraph was to show how very corrupt the stock market is. This is a poor example, but very public: Martha Stewart is an example of someone who has a little bit of power thru the people that she knows and used that power in a criminal way. She is a poor example because she doesnt have any real power, she doesnt affect the global economy or govern millions of people, she is more or less a scapegoat. The military and NASA have to have funding for their covert projects (similar to Iran/Contra) and in addition to supplying the US with roughly 40% of our illicit drug supply the government has its hand in massaging the stock market as well. There is something very fishy about the leaps in technology in certain areas by NASA/military such as HAARP and neutron/rail. Email me if you want further info on what the gov. is up to and what is going to happen, I am anon. and there is nothing linking to my real name, I NEVER post or wager from my own home.

"Gambling is a zero-sum game. Every dollar won is a dollar lost by someone else. Worse, as generally practiced, there is a 10% "transaction" charge and a "turnover rate" that would be off the scale compared to the worst trading junkie in the world. Investing, on the other hand, particularly as practiced by Warren Buffett, is decidedly NOT a zero-sum game. Shares of a business ultimately have value because the business itself has a real world value. Over time, in a growing economy, a well run business will grow its profits and this in turn drives up its value. There is NO comparison to gambling."

Says who? How long has the stock market been around?? Because the stock market bounced back after the Great Depression it will always bounce back?? Betting on sports is an investment in yourself, you cant control the cogs in the stock market, and most people cant name 5 employees of a company in which they own stock, athletes are VERY visible. Buffet DOES make a large amount of his living off of his FEES, he doesnt like to touch his invested capital (most investors dont)!! 10% transaction fee?? WHERE?? Reduced vig is everywhere, the books know high volume is the wave of the future. Tradesports,WSEX etc allow you to actually buy/sell shares of a team DURING the course of a game. And their transaction fee is smaller than E*Trade's if you want to get technical.

"Even the dullest of minds learns by repetition..."

Fortunately, they dont...in many areas of life.

"Investors have people they answer too those people have people to answer too. Investors don't base their investment choices from their dorm room or an apartment. They have business degrees there licensed and more importantly they have ACCOUNTABILITY (not sure I spelled that right)"

LMAO!! Who do they answer to?? To the people whose life savings they have lost?? I'll let you in on this little secret...There once was this company called ENRON, and when all of its employees and thousands of investors world-wide lost all of their investment they called all of their financial advisors for answers, and the financial advisors told them "Great news!! I know that Enron didnt perform like expected, but there's this great oppurtunity with Global Crossing and Worldcom...
A lot of investors DO base their investments from their dorm room or an apartment since they had to sell the house, and are going back to school b/c financial advising isnt good to a lot of people right now. The licensing is a joke, and as far as "ACCONTABILITY" in the exact words of one of my best friends who is a financial advisor when asked how work was going "My job sucks. I basically have to explain why someone's life savings is half of what it was 3 years ago and convince them that they need to put in even more money to get it back." A-C-C-O-U-N-T-A-B-I-L-I-T-Y.

I'm not saying JAKE is good or bad at this. OK, his record has been bad except for baseball season many months ago. Then why is he still newsworthy?? Because baseball is typically the toughest US sport to beat, and you guys feel/fear that he can recognize value. Besides that fact, what everyone seems to miss is the fact that if you do VERY poorly (below 45% at -110 or less over a sig sample size) then by reversing the system this will give you 55% winners. It's not as simple as I just put it, but keeping accurate records of one's performance can shave YEARS off the learning curve by going back and reviewing the situations which continually lost for you.

IT DOES NOT TAKE EVERYONE 10 YEARS TO LEARN HOW TO RECOGNIZE VALUE IN THE SPORTS MARKET, PERIOD. THERE ARE CEO'S THAT HAVE NOT REACHED THE AGE OF 30 in the business world, the same thing applies to every facet of life BLAH, BLAH, BLAH. Just because it took YOU 10 years of losing your BR to figure out where it all went, doesnt mean that the same applies to EVERYONE. Limitations are for the short-sighted under-achievers who dont have the juevos to take a calculated risk when the prepared oppurtunity arrives.

All the sniping and bad-mouthing reminds me of the ne'er-do-wells at the old folks home. You know, the mean-spirited ones that piss themselves every night just to make someone have to clean it up. Ever wonder why they end up that way? Either they failed throughout life or were too scared of failure to pursue their dreams. It's not hard to win 55% of the time once you establish an edge. But the more I look around the more I feel that "you either got it or you dont..." Some guys WIN FROM DAY ONE, others never will make back what they lost in the beginning before they got a slight edge. If Dogball's 'service' isnt doing so hot, that now makes an amazing 9 services in a row that I have seen open up right before my eyes with a handicapper that was doing very well, only to tank. Anyone know of any new services?

I am NOT taking personal shots at anyone. I AM rebutting some statements that I think are weak. If you can win with 10$ wagers, YOU CAN WIN WITH 10K ON THE LINE IF YOU PRACTICED SOUND MONEY MANAGEMENT ALONG THE WAY. It's an economy of scale if you make it such. If you are strong then the monetary amount on each game doesnt matter, the 55% is all that matters at month's end. If you want to get sharp, hang around those that are sharper, if you want to win, hang around losers- and learn how to do the opposite. It's hard to lose with the 84% law.<HR></BLOCKQUOTE>

Excellent read.
 
Dicky

LOL

That's too bad, because I was up for a good argument today...

I see the DOW Is closed today, Is It bacuase of president's day.. ?

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by DickyW:
ATX
Good post! Most of your points I assume were directed towards me so I will respond briefly. I know very little about the stock market probably as much as Jake knows about handicapping.<HR></BLOCKQUOTE>

I just may surprise you with my knowledge of capping bases. If you'd like to have a discussion sometime, I'd oblige. Maybe we'll both learn something new.
 

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Dicky,
He was a successful service because he was good marketer(i.e.LIAR,con man) but he was no handicapper!
I believe he was Feists' #1 salesperson at one time and then copied the formula but never was a handicapper. At least Feist was a capper at one time albeit a thousand years ago
 
"jake:

first of all, you are not a good capper, period."

Good capper? That's your own opinion. I should be considered at lowest level a decent capper. I've only lost in one freakin sport my whole life. Granted I did eat proverbial shit in it, but I'm either about even or up units in the other 4 or 5 sports I've attempted. No huge gains like in baseball but money is money.

"second of all, you've had so many funny threads since you joined rx.

here are only a few :

jake thompson trying to reach 66% in nba last year.

jake thompsons eazy cash winners in early mlb season last year.

jake thompson asking whats hockey ?

jake thompson comming back two weeks later and charging for his hockey picks.

jake thompson posting a play on a college hoops total that has no line avaiable (actually, you liked the total posted at covers.com, just like our slightly retarded buddy T2W)

jake thompson asks for a financial help from the fellow posters, and in return he offers his picks. he is not actually going tout, just kind off.

jake thompson too busy to update his website once in a month.

jake thompson interested in a legal action against a fellow poster who didnt pay for his picks. lmfao."

The 66% in the NBA was just me being new and stupid. Nothing else. I didn't know how hard it was to hit such a high percentage, hell, I didn't even know about vig at that point. The hockey thing was a joke, to which I'm sure you are well aware but conventiently listed it anyway. The hockey picks are doing steadily better lately, thank you. I am confident I'll be upt 5-10 units before it's all said and done. The covers thing was just a stupid mistake. I saw the lone line there and figured it was way off what it should have been. Went to the rx, posted it before checking it's legitimacy, and subsequently looked like a goon. Now I know not to trust covers without actually verifying lines at the books. Yea I asked for money from the posters for picks. I had 0 money to start college with. I had negative money. I still do. I felt I had made lots of people lots of money in bases, and if they felt the same way they could send something my way. I see nothing wrong with that. The website thing is something I'll work on. With school and socializing I am not at the computer much. The legal action was dumb. Admitted.

"remember,Jake, you are a 19 yrs old kid, and no one, i repeat, no one is taking you serious, especially not in the RR."

I have quite a few people signing up who would beg to differ. Thanks for your opinion though.
 
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by vegasguy39:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Jake Thompson:

You are wrong here. If you do research, you don't have a 50% chance to win. You improve your chances. By your reasoning, an investment in the stock market has a 50% chance of gaining money. You gain or you loss. That is not how it works.<HR></BLOCKQUOTE>

Jake:
Please answer this:

When you get a perspective client do you :

A: Do you have a consultation. ?

B: Do you go over the customer's risk tolerance. ?

C: Do you discuss their long term goals.?

If you do not do any of the above, then you should not compare, stock market Investing, with selling of you sporting event outcomes.

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<HR></BLOCKQUOTE>

Like I said, they are not exact parallels, but you will find many likenesses.
 
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by slugster:
i'll keep it short and sweet.

your picks are not worth a bucket of steaming dung

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slugster<HR></BLOCKQUOTE>

I'll keep it short and sweet as well. See Rule #1. 3 rules, very short rules, read them, respect them. Thanks.
 
Vegas
Yep

Jake
With no disrespect If I come across something a 20 yr old capper with a year and a half expierience can teach me I'll let you know.
Thanks
 
Ger
My original post

"The best touts out there are not successful for their picks there successful because they know how to market themselves"
 

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touts are like pedophiles,in the sense that they are born,not made.he should be pistolwhipped & dumped in the freakin ocean.dogball =dogshit,just my opinion
 

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Dicky,
Yes marketing is essential to their success and yes unfortunately the majority of the largest(suiccesful)are not very good at picking or out and out scammers but there are some exceptions and if one wants to make an informed decision the data to base it on is available.

Ira, I bought a car once and the engine blew. It was a pieceofsh*t. Therefore all cars are a pieceofsh*t and I should walk everywhere...right?
 

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