Has anyone ever dealt with Donn Wagner. I get a mailing from him and he seems legit. I don't bet enough $$$ to be interested in a service, but it seems to me that it would be no different than hiring a stock broker. Most of us don't have enough time to do the handicapping needed to make money. If there is a legit service out there to do the work, why not pay for it? The critical word there is legit.
I have never paid for picks but I have a system that works for me. I have a bookmark file of sites that give free picks. I created a spread sheet to gauge the picks..I just make note of W/L/P records and make my picks based on Consensus and W/L streaks. I know its sounds like a bunch of work but It works for me. FYI: I am a small player so the risk is not that great.
"I`d like to get your opinion on if ANY paid tout is worth the money."
Do you think there are people who can win betting sports?
And anybody who says that if a person can win betting sports they wouldnt sell their plays is wrong.If a person is smart and saving for the golden years, then the more money they can save the better. You know 2 million is better than 1 million, 5 dollars is better than 1 dollar. The problem is most touts are losers and it gives the legit ones a bad name. But anybody with a half a brain should know there are legit touts out there.
Now lets see the show of hands of the people who dont have half a brain.
Do you think there are people who can win betting sports?
And anybody who says that if a person can win betting sports they wouldnt sell their plays is wrong.If a person is smart and saving for the golden years, then the more money they can save the better. You know 2 million is better than 1 million, 5 dollars is better than 1 dollar. The problem is most touts are losers and it gives the legit ones a bad name. But anybody with a half a brain should know there are legit touts out there.
Now lets see the show of hands of the people who dont have half a brain.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by arnie's army:
Has anyone ever dealt with Donn Wagner. I get a mailing from him and he seems legit.<HR></BLOCKQUOTE>
From what I understand, very legit. No sales pressure, mostly word of mouth and i think a very high retention ratio from year to year. No locks and that other BS. Although I am surprised you got a mailing, since he usually is not big on the marketing.
Has anyone ever dealt with Donn Wagner. I get a mailing from him and he seems legit.<HR></BLOCKQUOTE>
From what I understand, very legit. No sales pressure, mostly word of mouth and i think a very high retention ratio from year to year. No locks and that other BS. Although I am surprised you got a mailing, since he usually is not big on the marketing.
Personally the only one i paid for so far for one month is Animal...he has very solid during that month and i was lucky i caught him on a hot streak...in the last week or so he was cold as hell and ended up making 5 units during the month which was $500 for me...i paid $349 for the picks so it was a $150 profit...i wasnt thrilled about it but hey he made money...he answers his e-mails and posts on his site when he loses and wins...he knows wut he talks about but would i pay for the picks.....HELL NO!
I am not sure of what your definition is of a "Legitimate Tout", if it is defined by winning money over the long haul, but having to pay a nominal fee to get his picks then yes. If it is winning every week or month then the answer is no. As to whether it is worth paying the fee, it would depend on the size of your bank roll in relation to what the fee is.
I personally don't believe in touts because I think the edge a capper gains to get over 53% is in the margins and those evaporate with time.BY the time you get a play from a Tout the edge maybe gone.
I personally don't believe in touts because I think the edge a capper gains to get over 53% is in the margins and those evaporate with time.BY the time you get a play from a Tout the edge maybe gone.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by jwunderdog:
I personally don't believe in touts because I think the edge a capper gains to get over 53% is in the margins and those evaporate with time.BY the time you get a play from a Tout the edge maybe gone.<HR></BLOCKQUOTE>
Definitely true. If they really are giving legitimate winning picks, they are also playing them themselves. After word gets out to all the clients, etc, it is a race to get the best number and that may be gone by the time you get there. The handicapper may also give the plays to "high-roller" clients first before passing on to regular customers. Something to keep in mind.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Kiss1:
_"Legitimate"_ and _"Tout"_ do not belong in the same sentence.
Those guys are nothing but predators and scammers.
Think about it.
If they could consistantly win at sports betting what the heck would they need "your" money for ?<HR></BLOCKQUOTE>
That's a simplistic way of thinking about it. If I can hit 54+% consistently it is money in the bank. Now, if you can sell those picks for a decent enough profit, you now have "risk-free" income from your clients. If you are doing this for a living, you can't afford the daily/weekly fluctuations that come with risking enough money to make a decent profit (and EVERY handicapper has losing streaks, some pretty scary, regardless of what his long-term win rate is). What if you have a losing month as a handicapper? Does this mean you go without paying your rent for the month?
Selling picks allows you to diversify your income while also providing a safety net by reducing the risk to your personal funds. Do professional investors have ALL their money in small cap stocks because they have a higher long-term growth potential? Hell, no. They diversify into safer things (money market, CDs, etc) to hedge their risk in down-times. Same concept applies here.
I personally don't believe in touts because I think the edge a capper gains to get over 53% is in the margins and those evaporate with time.BY the time you get a play from a Tout the edge maybe gone.<HR></BLOCKQUOTE>
Definitely true. If they really are giving legitimate winning picks, they are also playing them themselves. After word gets out to all the clients, etc, it is a race to get the best number and that may be gone by the time you get there. The handicapper may also give the plays to "high-roller" clients first before passing on to regular customers. Something to keep in mind.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Kiss1:
_"Legitimate"_ and _"Tout"_ do not belong in the same sentence.
Those guys are nothing but predators and scammers.
Think about it.
If they could consistantly win at sports betting what the heck would they need "your" money for ?<HR></BLOCKQUOTE>
That's a simplistic way of thinking about it. If I can hit 54+% consistently it is money in the bank. Now, if you can sell those picks for a decent enough profit, you now have "risk-free" income from your clients. If you are doing this for a living, you can't afford the daily/weekly fluctuations that come with risking enough money to make a decent profit (and EVERY handicapper has losing streaks, some pretty scary, regardless of what his long-term win rate is). What if you have a losing month as a handicapper? Does this mean you go without paying your rent for the month?
Selling picks allows you to diversify your income while also providing a safety net by reducing the risk to your personal funds. Do professional investors have ALL their money in small cap stocks because they have a higher long-term growth potential? Hell, no. They diversify into safer things (money market, CDs, etc) to hedge their risk in down-times. Same concept applies here.
