Mickey has it right. Most touts don't even hit 51%, and virtually none have a long-term record of 55%+.Originally Posted by mickeycrimm
I merely know of Redietz from studying old handicapper records. It was possible to make money in the 1980's by shopping lines and exploiting casino mistakes and promotions, and this continued online. Many "handicappers" were also bookmakers or agents for offshore books. If Redietz's wife paid the rent, then he might have survived on these sports-related activities.
Axel understates the cesspool of scamdicapping. They blatantly lie and cherry-pick records. They place newspaper advertisements months ahead of time bragging "9 out of 10 winners last weekend!"Originally Posted by AxelWolf
By this standard, Redietz is not terribly scammy. But we all know that if Redietz could hit 55%, then he would have accumulated a lot of money over 4 decades. If he could hit 53% then he could shop a meager living in Vegas. I would have believed him if he said his wife paid the mortgage while he made money from shopping lines, booking, and selling picks while intermittently flipping real estate and irregular jobs.
But no, Redietz bragged about making big profits off customers while hitting 53%. He thinks he is a smart advantage player by taking advantage of customers, where their losses are his profits. He basically confirmed MickeyCrimm's suspicions that that Redietz used the sports handicapping publicity to fleece customers.
One of my favorite TwoPlusTwo posts had a thread where handicapper Haralabob claimed to watch every NBA game. A skeptic retorted that was not enough time. The poster, Haralabos Voulgaris, immediately sent a screenshot of his hard drive files, listing every NBA game in compressed format where he could fast-forward through each game in 45 minutes. Then Haralabob added insult to injury by noting that his critic made 10k+ posts at the forum while complaining there is not enough time. LOL
You can tell someone's level by their posts. Beginning poker players write about money management and bad beats. Intermediate players argue about whether JT is a better hold'em hand than AT. New internet pros ask about whether it is better to have four regular screens or two big screens for multi-tabling. And seasoned pros ask how to lose 50 pounds.
Redietz doesn't write about getting backed off from sports books or hiring runners. A dozen accounts is nothing special. He mentions $500K in action at one account, but does not mention the purpose of the account. Is it an agent account? Was it even profitable? Was it used for hedging? What were the bet sizes? This is typical tout cherry-picking - I hit 57% in 1989, and was #1 in preseason NFL last year (while losing badly at everything else)!
If Redietz was in Vegas hitting 55%+, then Billy Walters would have found him long ago. Redietz bragged that he is a tout who makes money at customers' expense, not by releasing winning picks. Many delusional people pretend to be pro gamblers/handicappers when they are losers, or making money from something else.
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