Originally Posted by AxelWolf View Post
And no, it's not the same.

I assume you were talking about a situation where I start calling people about plays and I expect them to use their own money, take all the risk and pay me money only if they make money, and I pay them nothing if they lose.

That's exactly how those touts and people who take on investors for sports betting work. If the chumps win the guru gets his cut, if the chumps lose, too bad so sad. Repeat this each year.
Why would anybody agree to this arrangement? I guess maybe once, until they fully understand what is happening. But no one is going to stick with that arrangement are they?

And if not, then like most types of scams, the sports betting recruiters needs to find new "suckers" every year or cycle?

If this is indeed what Redietz was doing for 45 years, color me less than impressed with his sports betting career.