I remember a long time ago there was this guy that ran some tout sheet, I think it was called the Gold Sheet. He made a challenge to all handicappers. They would all participate at the same time. Anyone who could pick 70% winners thru 100 picks he would pay them $100,000.

A dozen or so touts took him up on his offer. When the contest got going they started dropping like flies. The last one left quit at about the 30th pick. No one even came close.