Originally Posted by coach belly View Post
Originally Posted by AxelWolf View Post
Do I think he's made a living via the sports industry? Yes.
Can you give some examples of what you mean, that you think may apply?
It's hard to really say because I don't know how his business model worked/works. This is all speculative.

I haven't any clue how many investors he has or how much they invest. I don't know how often investors come and go(you will see why that's important). I don't know if his investors have action on his contest entries and all of his sports betting or if he does his own betting on the side.

From my understanding, he only deals with bigger investors. I assume he has a good deal with his investors, perhaps a free roll of some sort. If you have investors and you're betting enough, you are going to get extra perks and you can even negotiate better deals... Less vig, free bets, free contest entries, etc. Are investors investing as a group or as individuals(thats important to know)?

He posted something about earning a shit ton of loyalty points, I haven't any idea if that was accumulated from the investor's money or his own. If he's using investors' money do they share the extras or does he get to keep it?



He obviously knows and understands how to exploit legitimate +EV situations such as rebates, bonuses, middles, line shopping, etc.

He mentioned something about knowing what direction the line will move based on the public betting and other factors, that's definitely +EV.

You should be making money when you include all of that.


When and how often does the money get settled up? Does everything start fresh/reset after a settlement?

Let's assume you have a situation where you get a percentage of your investor's wins and take non of the loss(even if you yourself are an investor).
If investors are coming and going or treated as individuals and not as a group, you can see how that's +EV for the investee.

If you have a situation where you get a percentage of your investor's wins and take non of the loss and you settle up at the end of each season and start fresh without makeup from any previous losing seasons you can see how an investee would come out on top in that situation.