Senate Bill 443 was passed in 2015 which permits a person or persons to set up shop in Nevada and offer sports betting as an investment opportunity. The entity or fund manager can take investors from anywhere in the United States and can charge scheduled fees or commissions in exchange for their managing of the […]
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True Cost Of A Tout Part II
How difficult is it to show a profit if you pay for picks? Listening to the picks seller you’d come to the conclusion that it’s really not all that difficult. Ranges in cost can vary wildly. From picks as low as $1 per play to subscription services costing thousands of dollars with hi-end program names […]
True Cost of a Tout or Runner – Part I
What is the actual cost of a runner or tout if you are paying a fee on a per game basis expressed as a price or final cost/return ratio of the bet made?
Parlay Betting
You’re stuck in a line at the window that never seems to move. Bettors in front of you with number-filled sheets are rattling off endless combinations. The customer at the window is blankly staring at the board, searching for one additional game. The ticket writer waits patiently for him to find that last special team. […]