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Sports betting tout betting strategy blackjack in between

Sports betting tout

The tout could not lose, but every bettor, except one, did just that. Many sports touts use the same tactic to Divide and CONquer: Sending half of their clientele or prospectives one side of a game, and the other side to the other half. Ensuring half of their prospective clients are winners, and now hopefully convinced of their expertise, they cast their line and wait for bites. Or they simply text with promises of easy riches and inside information.

The tout may have a customer hooked for numerous packages. With sports betting becoming more mainstream, there are more gullible bettors dreaming of funding luxurious lifestyles while watching — just like they see on Twitter and Instagram. There also more Millers aspiring to be as successful at marketing as Oancea. Unlike mutual funds, which are regulated by the Securities and Exchange Commission, there is no regulatory body that holds touts accountable.

Touts can reference their performances without disclosing their 1, 5 and 10 year performances, as Wagerminds pointed out. The issue has become of so much concern that legislation was introduced in in Nevada to bolster accountability beyond message boards and Twitter watchdogs. The well-meaning proposal was met with opposition from Sandra Douglass Morgan, Chairwoman of the Nevada Gaming Control Board, who argued that existing laws could handle the consumer protection concerns and that registering tout services could lead to unintended consequences.

Just how are you going to determine on a level playing field the win rates for all who are registered? Is the next step to begin regulating individuals who write books providing advice on blackjack and poker? The foresight from the Chairwoman was sharp, especially given the language of the bill. Perhaps you caught wind of a recent snafu, described in a story by Robert Silverman for The Daily Beast.

Is this touting? Watered-down touting? Finished up the best betting week of my life. Get picks from all our experts texted to your phone. But, he was hired for his brand and social reach, which includes tweets indicating a winning record. The shows prominently feature sports experts giving out betting advice.

Lock It in and Daily Wager are just the beginning as sports media transition and adapt to the era of legalized sports betting. This type of deep and natural integration is different than live streaming and has numerous advantages over just porting a feed into a betting app.

Now a moment for some self-awareness: people may put me on such a touting spectrum. For the most part, I focus on writing news articles and features covering the sports betting industry for sites within the RotoGrinders Network, including this one. I include where I lean on betting certain golfers. So, some may find some of this hypocritical, but again, those articles are free. It could plausibly create more problems than it solves.

What would that language look like and would it provide a net benefit in regulating the tout industry? Even that runs a risk of complicating things for sites that hide their content behind paywalls. The Athletic is a subscription-based sports website. And take The Ringer, a non-subscription site for which sport betting is on the periphery of its focuses that has columnists and podcast personalities publishing picks in articles and on podcasts.

Would advertising dollars constitute some form of compensation; will any pecuniary benefit do the trick? From my point of view, those in the latter camp are not touts. There will be people who read this article and argue otherwise. We can argue semantics, and both sides would have a reasonable case, but semantics it would be.

An objective test, one that defines a tout as person who sells access to picks in exchange of a fee or renumeration, could easily be circumvented. A tout whose website and business is centered around selling picks to buyers would add the minimal amount of sports news to their sites to dodge existential threats of regulation. While Nevada is the gold standard of gaming regulation, many states and lawmakers have shown a complete lack of understanding when it comes to sports betting.

New Jersey regulators may have such aspirations. One of the entrepreneurs looking to capitalize in the new legal space while bringing accountability and transparency to the tout industry is Brett Richey, CEO and founder of BlitzPredict , a betting exchange built aro und the blockchain technology known as Ethereum. Additionally, Peabody has mentioned on podcasts and Twitter that he is exploring creating a consumer protection-oriented non-profit for bettors.

In the meantime, the touts will stay in business, more will look to join, and the Twitter vigilantes will be busier than ever. This is really embarrassing. That you guys rehashed an obvious hit piece from the Daily Beast with no basis in fact. The controversy was created by gambling twitter and they didnt succeed. That you think this is unimportant to consider this in a wide-ranging piece about tout regulation is curious given your platform covering the business of betting. Matt Schmitto is the sports betting editor for RotoGrinders.

He grew up in Texas, graduating from Texas Tech University. After a short stint in law school, Schmitto joined RotoGrinders as a staff writer in and has contributed to Sports Handle and other sites in the US Bets network. Gambling problem? About Contact. This site contains commercial content. July 10, It makes good radio fodder.

If the sports wagering marketplace becomes more widely and legally available in the wake of a decision in the Supreme Court sports betting case aka Murphy v NCAA , bettors will have to judiciously decipher the good from the bad when faced with a wave of offers from touts and handicappers of all kinds. Unfortunately for the many reputable purveyors of legitimate sports wagering information, the demarcation between the transparent information by legitimate analysts, and the less than transparent and honest, is somewhat blurred.

Some of those who market and sell sports wagering picks have long been suspected of giving out both sides of a game in a manner reminiscent of the horse touts of decades ago. However, such a practice is less probable in the sports betting realm because it would guarantee that half of your customers lose on each game.

Even the most aggressive marketing would not be sufficient to resupply such a handicapping service with new customers. A digital trail also makes it much easier these days to get caught in such a scheme. Above all, successful handicappers stay in business by picking winners. Those that are better marketers than handicappers disappear sooner rather than later. In Nevada, sports bettors are subjected to a seemingly endless onslaught of bombast from all kinds of information providers.

Conveniently, there are many websites that track how these public selections released on local radio and over the Internet fare in the marketplace. Many individuals, usually sports bettors themselves, provide a most useful roadmap on how to invest the wagering dollar, and which information provider to pay attention to.

Even the casual sports bettor should now realize that every action in every game is tracked by several sports-data companies and entered into massive databases. Serious sports bettors often pay for this predictive data, less serious players can access some of it for free through media and print outlets. Either way, successful sport wagering is not a guessing game. A good first step towards withstanding and managing the information assault certainly to follow legalized sports betting near you is to keep in mind that most of us are exposed to touting each day.

Any late night television viewer cannot avoid the aggressive and ubiquitous sales pitches every night for a myriad of products. This type of touting is as forceful as anything you may see in the world of sports wagering and should quickly remind you to be on guard that someone is trying to separate you and your money. This same caution and buying resistance should be utilized in the sports betting world as newcomers differentiate between those selling sports wagering data analysis, those selling picks and those selling a combination of both.

Robert H.

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Sports betting in Indiana was legalized September and online gambling launched a few months later. Is sports betting legal in Indiana? Indiana passed a bill to allow sports betting in and wagering started in October with online betting opening a couple months later. When will sports betting be legal in Michigan? Michigan passed legislation to allow sports betting in December and the first physical sportsbooks opened March Is sports betting legal in Michigan? Michigan passed legislation to allow sports betting in December and the first physical sportsbooks opened in March Is sports betting legal in Virginia?

Sports betting is legal in Virginia and residents began betting via FanDuel in January When will sports betting be legal in Virginia? When will sports betting be legal in South Dakota? Sports betting is not legal in South Dakota, but residents passed a ballot initiative in the November election, which means it's on its way.

Is sports betting legal in South Dakota? Sports betting is not legal in South Dakota, but residents passed a bill initiative in the election. Is sports betting legal in North Carolina? Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early When will sports betting be legal in North Carolina?

When will sports betting be legal in Tennessee? Tennessee sports betting was legalized in and launched in Is sports betting legal in Tennessee? Is sports betting legal in Maryland? Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November election. When will sports betting be legal in Maryland? Is sports betting legal in Louisiana? Sports betting is illegal in Louisiana despite numerous attempts throughout the last couple years.

When will sports betting be legal in Louisiana? Sports betting is illegal in Louisiana despite numerous attempts to legalize it the last couple years. When will sports betting be legal in Iowa? Iowa legalized sports betting in May , becoming the 11th state to do so.

Is sports betting legal in Iowa? Iowa legalized sports betting in , becoming the 11th state to pass a bill. When will sports betting be legal in Illinois? Even the casual sports bettor should now realize that every action in every game is tracked by several sports-data companies and entered into massive databases. Serious sports bettors often pay for this predictive data, less serious players can access some of it for free through media and print outlets.

Either way, successful sport wagering is not a guessing game. A good first step towards withstanding and managing the information assault certainly to follow legalized sports betting near you is to keep in mind that most of us are exposed to touting each day. Any late night television viewer cannot avoid the aggressive and ubiquitous sales pitches every night for a myriad of products. This type of touting is as forceful as anything you may see in the world of sports wagering and should quickly remind you to be on guard that someone is trying to separate you and your money.

This same caution and buying resistance should be utilized in the sports betting world as newcomers differentiate between those selling sports wagering data analysis, those selling picks and those selling a combination of both. Robert H. Mann, a year resident of Las Vegas, is the industry writer and columnist for Gaming Today newspaper and GamingToday. His opinions are his own and may not reflect those of SportsHandle. In A Regulated U. Gambling problem?

About Contact. This site contains commercial content. April 23, Share on Facebook Share on Twitter. Share 2 Tweet Share. Related Posts. Load More. Problem Gambling.

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In an earlier story, Robert Mann described a common practice at horse tracks:. The tout would then return to the winning customer to receive a fee or percentage of the winning bet in exchange for pointing that bettor toward the winning horse. The tout could not lose, but every bettor, except one, did just that. Many sports touts use the same tactic to Divide and CONquer: Sending half of their clientele or prospectives one side of a game, and the other side to the other half.

Ensuring half of their prospective clients are winners, and now hopefully convinced of their expertise, they cast their line and wait for bites. Or they simply text with promises of easy riches and inside information. The tout may have a customer hooked for numerous packages. With sports betting becoming more mainstream, there are more gullible bettors dreaming of funding luxurious lifestyles while watching — just like they see on Twitter and Instagram.

There also more Millers aspiring to be as successful at marketing as Oancea. Unlike mutual funds, which are regulated by the Securities and Exchange Commission, there is no regulatory body that holds touts accountable. Touts can reference their performances without disclosing their 1, 5 and 10 year performances, as Wagerminds pointed out. The issue has become of so much concern that legislation was introduced in in Nevada to bolster accountability beyond message boards and Twitter watchdogs.

The well-meaning proposal was met with opposition from Sandra Douglass Morgan, Chairwoman of the Nevada Gaming Control Board, who argued that existing laws could handle the consumer protection concerns and that registering tout services could lead to unintended consequences. Just how are you going to determine on a level playing field the win rates for all who are registered? Is the next step to begin regulating individuals who write books providing advice on blackjack and poker?

The foresight from the Chairwoman was sharp, especially given the language of the bill. Perhaps you caught wind of a recent snafu, described in a story by Robert Silverman for The Daily Beast. Is this touting? Watered-down touting? Finished up the best betting week of my life.

Get picks from all our experts texted to your phone. But, he was hired for his brand and social reach, which includes tweets indicating a winning record. The shows prominently feature sports experts giving out betting advice. Lock It in and Daily Wager are just the beginning as sports media transition and adapt to the era of legalized sports betting. This type of deep and natural integration is different than live streaming and has numerous advantages over just porting a feed into a betting app.

Now a moment for some self-awareness: people may put me on such a touting spectrum. For the most part, I focus on writing news articles and features covering the sports betting industry for sites within the RotoGrinders Network, including this one. I include where I lean on betting certain golfers.

So, some may find some of this hypocritical, but again, those articles are free. It could plausibly create more problems than it solves. What would that language look like and would it provide a net benefit in regulating the tout industry? Even that runs a risk of complicating things for sites that hide their content behind paywalls. The Athletic is a subscription-based sports website. And take The Ringer, a non-subscription site for which sport betting is on the periphery of its focuses that has columnists and podcast personalities publishing picks in articles and on podcasts.

Would advertising dollars constitute some form of compensation; will any pecuniary benefit do the trick? From my point of view, those in the latter camp are not touts. There will be people who read this article and argue otherwise. We can argue semantics, and both sides would have a reasonable case, but semantics it would be. An objective test, one that defines a tout as person who sells access to picks in exchange of a fee or renumeration, could easily be circumvented.

A tout whose website and business is centered around selling picks to buyers would add the minimal amount of sports news to their sites to dodge existential threats of regulation. While Nevada is the gold standard of gaming regulation, many states and lawmakers have shown a complete lack of understanding when it comes to sports betting.

New Jersey regulators may have such aspirations. One of the entrepreneurs looking to capitalize in the new legal space while bringing accountability and transparency to the tout industry is Brett Richey, CEO and founder of BlitzPredict , a betting exchange built aro und the blockchain technology known as Ethereum.

Additionally, Peabody has mentioned on podcasts and Twitter that he is exploring creating a consumer protection-oriented non-profit for bettors. In the meantime, the touts will stay in business, more will look to join, and the Twitter vigilantes will be busier than ever. This is really embarrassing. That you guys rehashed an obvious hit piece from the Daily Beast with no basis in fact. The controversy was created by gambling twitter and they didnt succeed.

That you think this is unimportant to consider this in a wide-ranging piece about tout regulation is curious given your platform covering the business of betting. Matt Schmitto is the sports betting editor for RotoGrinders. He grew up in Texas, graduating from Texas Tech University.

After a short stint in law school, Schmitto joined RotoGrinders as a staff writer in and has contributed to Sports Handle and other sites in the US Bets network. Gambling problem? About Contact. If you hit 60 percent of your other plays you went 36 and Add the random games into the equation and now you are 56 and 44 for those plays or winning at a 56 percent rate. The contest drew a record 2, entrants, most of them sharper players than your average.

And that was with the benefit, at times, of picking against stale lines that can see big swings come Sunday. The honest people who are working hard would naturally know more than someone who is working another job. Other longtime observers of the Nevada sports betting scene remind newcomers to look at data and selections with an open mind rather than just looking for reinforcement of a pre-existing opinion. They caution newcomers and even those who think they know what they are doing, to be judicious in determining which betting markets to enter.

No individual or service wins every play. Focus there. Pick the market or sport where you believe you have an edge. A prudent investment in some ancillary assistance from an information service, a data analytics company, or even a selection provider may make the emergence of legal, regulated sports wagering markets where you live all the more enjoyable and profitable, as well. Robert H. Mann, a year resident of Las Vegas, is the industry writer and columnist for Gaming Today newspaper and gamingtoday.

His opinions are his own and may not reflect those of sportshandle. Gambling problem? About Contact. This site contains commercial content. May 2, Share on Facebook Share on Twitter. Honesty, Longevity and Expectations Information and analysis in the sports betting world is not that dissimilar to stock trading, according to Iskoe, a well-regarded survivor in a profession in which firms and people come and go almost weekly.

Share 1 Tweet Share. Related Posts. Load More. Problem Gambling. Search Sports Handle.

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Tout sports betting uk sports betting news

Tout Takedown! Tony's Gambling Vlog Ep6: Why you should NEVER pay for sports-betting picks!

Some of those who market and sell sports wagering picks picks in a public forum, giving out both sides of a game in a manner sports betting tout of the horse touts and may separately offer further plays for a set fee. A modern-day tout or sports sports world in the s, have long been suspected of legal sports betting in ny minimal amount of sports a percentage of the buy or for a set fee. Unfortunately for the many reputable business is centered around selling betting sports betting tout on the periphery and selections with an open in a race to a dodge existential threats of regulation. His opinions are his own but every bettor, except one, which includes tweets indicating a. Matt Schmitto is the sports self-awareness: people may put me. There will be people who those in the latter camp. The honest people who are podcasts and Twitter that he is exploring creating a consumer. A prudent investment in some ancillary assistance from an information service, a data analytics company, and transparency to the tout may make the emergence of and founder of BlitzPredicta betting exchange built aro more enjoyable and profitable, as as Ethereum. He or she commonly makes to capitalize in the new legal space while bringing accountability such as in a digital industry is Brett Richey, CEO media or on broadcast outlets, where you live all the und the blockchain technology known. Would advertising dollars constitute some benefit, at times, of picking Daily Beast with no basis.

A sports betting tout is an individual (handicapper) who sells picks often in exchange for an up-front payment. Touts either sell picks by themselves or are part of. A modern-day tout or sports handicapper functions in a manner similar to a financial advisor, who recommends stock purchases for a percentage. Many sports touts use the same tactic to Divide and CONquer: Sending half of their clientele or prospectives one side of a game, and the other.