How real are this Las Vegas Sports bets

[Plain & Simple]

I just received a phone call, and this guy kept talking to me and talking and talking and talking about betting on tonights football game between the chargers and the rams.

HE said that they are a company in Las Vegas and that they get right 8 games outta 10 on the regular basis.

He said that the membership is 450 dollars and that there is a very slim chance that they wont be right on tonights game,etc..etc... he kept asking me for my card "so just shoot me your card number and i'll give you the winners"

How real and effective is this, i was kinda tempted at one point, but i decided to hang up on him since that was the only way i could get him off the phone.

 

[strams4ever]

Sounds like a guy attempting to steal your credit card number.

 

[PRMoon]

Why would you buy odds? Your odds of winning don't change so you really just compound a bet...which is kinda dumb when you think about it. Anyway don't pay anybody money for picks i mean even if it were legit if you lose you'll be twice as pissed but if you won I doubt you'd be anymore happy in either case. If anything the feeling of paying for a pick is like a safetynet with no garuntee of working.

 

[diablo]

Originally posted by Plain & Simple
HE said that they are a company in Las Vegas and that they get right 8 games outta 10 on the regular basis.

If they were so successful, why would they need to cold-call new customers? Here's an analogy - if a psychic were really psychic, wouldn't they use that ability to pick the winning lottery numbers for themselves and get filthy rich instead of talking on a telephone line for someone else?

 

[Derek Flint]

These guys give half of their customers one team, and the other half the other team, that way, they are always 50% correct.

When they lose customers, they just get new one's.

 

[Plain & Simple]

well im glad that i didnt fall for it .

 

[Derek Flint]

And, if they could pick 8 out of 10 successfully, they would just bet on the game's and rake in all that money instead of selling their services to gamblers.

Even the best of the best can do no better than 6 out of 10 on a regular basis, and with that, you will barely break even when you figure in the bookie's cut.

 

[PRMoon]

Originally posted by Derek Flint
And, if they could pick 8 out of 10 successfully, they would just bet on the game's and rake in all that money instead of selling their services to gamblers.

Even the best of the best can do no better than 6 out of 10 on a regular basis, and with that, you will barely break even when you figure in the bookie's cut.

wow If I could win 6 out of 10 sports bets a week I'd never work again a day in my life...But sports wagers are different then with a bookie then they are here in vegas(you get better odds here)... and what do you mean by "bookies cut"? Bookies don't get a cut they make all their money from the vigorish or "juice" as you may know it by. They really can't collect anymore money then that or no one will wager with them.

 

[spider_007]

Sounds like a scam in the first place.....

 

[Derek Flint]

Originally posted by PRMoon
wow If I could win 6 out of 10 sports bets a week I'd never work again a day in my life...But sports wagers are different then with a bookie then they are here in vegas(you get better odds here)... and what do you mean by "bookies cut"? Bookies don't get a cut they make all their money from the vigorish or "juice" as you may know it by. They really can't collect anymore money then that or no one will wager with them.

The "juice" is what I meant.

Legal Books get make their money that way as well.

I believe 55% is the break-even percentage for the bettor.

 

[PRMoon]

Originally posted by Derek Flint

I believe 55% is the break-even percentage for the bettor.

eehhh, BE depends mostly on wagers offered but generally if you're betting but if you bet at + or - 110 (one of the more common bets) you'll need to hit 55 to 57% just to break even.

Sportsbooks generally don't make the bettor too much money, typically a Races are what you want to gun for if you want to make any real money whether you're booking or betting.