Originally Posted by
redietz
Well, one thing about account -- it ain't hard to point out when he doesn't know what he's talking about. Per usual.
First of all, the use of beards in Las Vegas was only recently made formally "not acceptable." So the bulk of Mr. Walters' wagering using beards was done long before there were any formal casino and Gaming Commission rules against it.
Second, and more important, use of beards for the purposes of accruing bonuses deprives the people in whose names you are operating of the full value of the bonuses that are rightfully theirs. So you are sponging off other people and infringing on their ability to financially benefit from what is their right. If you are simply collecting bonuses for them and giving them those bonuses, then I salute you. I like Robin Hoods.
Third, employing beards, and paying those beards to make wagers for you that you have arrived at via your own skills or expertise, benefits the beards because it pays them (in Mr. Walters' case, pays them well). They would also not have access to the plays they are making except for the fact that they are beards. Mr. Walters is actually benefitting them in multiple ways. He isn't infringing on their ability to make money, and he isn't siphoning off any bonuses.
Fourth, for most of the time Mr. Walters was operating, the beards did not have to identify themselves to the sports books. It's not like they needed to give them players' cards most of the time. Technically, much of the time they were operating anonymously. Now I say "anonymously" because the ticket writers and managers knew who they were and who they were working for, but they didn't have to show ID or anything like that each time they wagered. Many of the runners wore enormous fanny pack type things and were visibly carrying.
Use of beards, in summary, for betting for Mr. Walters, benefitted the beards.
Use of beards for bonus whoring, as suggested by Axel and other alleged "APs," benefits the alleged "APs." In my opinion, it's both sleazy and exploitative, since the beards could make more money without the "APs."
The amazing thing to me is that account knows absolutely nothing about sports betting, the history of sports betting, beards, runners, or in general what he's talking about. But he seems intent on spreading his ignorance at every opportunity.
Anybody in sports betting knew everything I just wrote and knew it off the top of their heads. I can't seriously take time to address every idiot comment account makes. It's a waste of time.
I would love to know if he actually believes he knows what he's talking about.
To get a sense of what being a runner for Mr. Walters was about, I suggest a really bad (but gestalt-accurate) movie called The Runner, starring Courtney Cox and John Goodman. Goodman makes a fine Billy Walters. The movie's not Academy Award material, but it does give the sense of what kinds of pressures professional bettors in LV find themselves immersed in. I was there 100 days a year for more than 20 years, surrounded by and part of this.
It is great how you can't point out what I am wrong about but you can proclaim how I don't know what i'm talking about.
The only thing that I don't really know is whether beards were limited back then.
The fact of the matter is beards were often used to circumvent betting limits imposed by the book. Now with computers it is done via a different mechanism.
Funny how Redietz now claims it isn't acceptable. Mr I knew gangsters scared of breaking a few rules. lmao. No wonder he thinks gangsters are cool. Clownworld.
No one is being deprives of bonuses if they're never using them. EVEN then it in no way implies they aren't paid. doh. Yet somehow Redietz knows they're not paid while knowing very little about that hustle.
Somehow old school beards were all legitimate because "they were carrying"..<scratches head> wait WHAT?!? clowny clown clown.
I believe I know what I'm talking about, yes. You never ever demonstrate otherwise outside of the chest-beating proclamations of an incredibly insecure person
The weirdest low to middling IQ thing that Rediests insists on stating is how everyone who beards for bettors online would somehow find their way to being a profitable sports bettor. It is such a stupid-ass thing to say. Dumb as fuck. Literally.
Not only that I have heard of a bettor who is a very serious guy talk about how he does it. It isn't near as different from Redietz discussed. This guy is a additional layer of middleman in the scheme but it is the same ol same ol. He gets bettors by going around home games in LV and elsewhere. Hammers books. Basically operates both sides. This person has survived LV for 10+ years. I don't personally like the man but I have no doubt he is isn't very successful at what he does. I've only played with him in HL rooms in LV though. No chance Redietz and his low limit NL tournament bullshit would ever meet people like that in the wild (so to speak). Living on old memories that might very well be kewl style. Thats his style. lololol
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