Hooligans Sportsbook

Money Talks

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FairWarning
They don't have the time to cap a game. They just want the thrill of the action. You get a tout to do the capping. This is how the tout's clients look at it. Not saying it's right but not many big-money bettors are smart bettors.
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The problem I have with it is that the tout purports to have an edge, when, in fact, they are just as much coin flippers as their clients would be, were they betting their own plays. Without the tout, the clients are risking $110 to win $100, but with the tout (in the case of this episode), they are risking $110 to win $50 on something that has a roughly 50% chance of winning.
 
Gilmartin
Did he bet his own money for all three games? I remember he bet the first game ($10K) with his own money, but did he bet the second game ($20K) and the third game ($60K) also?
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No he just bet the first game. It seems like the rich guys are also paying for the companionship. He also took the guy Ferrari racing, which was pretty cool.

I see it in the same realm as spending $200 on jeans OR $25 on a hamburger.

If someones has the means and they are willing to over pay for something, then that's on them.
 
Blitty
No he just bet the first game. It seems like the rich guys are also paying for the companionship. He also took the guy Ferrari racing, which was pretty cool.

I see it in the same realm as spending $200 on jeans OR $25 on a hamburger.

If someones has the means and they are willing to over pay for something, then that's on them.
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Yeah, I get where you are coming from, and partially agree; they are definitely partially paying for the companionship. I still think there is a belief on the part of the rich guys that the tout has some kind of savant ability to "pick winners", which is created by the tout lying. No different to me than someone paying a psychic thousands of dollars because they think they're talking to a dead relative. Even though the person paying the psychic is an idiot, I still blame the psychic. With $200 jeans, their only promise is that they will make you look cool, and that's subjective.
 
:easy:
Gilmartin
The problem I have with it is that the tout purports to have an edge, when, in fact, they are just as much coin flippers as their clients would be, were they betting their own plays. Without the tout, the clients are risking $110 to win $100, but with the tout (in the case of this episode), they are risking $110 to win $50 on something that has a roughly 50% chance of winning.
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I agree with you. It's amazing how people with big money act trying to get more money in something outside of their expertise.
 
Even if clients win 20k 1/2 the time. After spending the whole weekend farting around he'd have ti charge what? 5k+ (25% of profit) to make it worth his time (2.5k per weekend)

Sounds like a lot of bs for not so much $
 
reno cool
Even if clients win 20k 1/2 the time. After spending the whole weekend farting around he'd have ti charge what? 5k+ (25% of profit) to make it worth his time (2.5k per weekend)

Sounds like a lot of bs for not so much $
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The first episode, i thought it was closer to 40%. Almost seems like a betting escort service without the sex. These clients like feeling special.
 
I've been around gambling a long time and I can understand many, often irrational motivations that can come into play.

But hanging out with these nasty characters and listening to their hype and bs. :dontthinkso: I have a hard time believing it could be appealing to even the greenest gambler. They just ooze sleaze.
 
Started watching these on-demand. I find em kind of entertaining I admit it. So full of shit. But It's like a window into the business world

btw, there is no discussion on how they pick games. And they are always laying points.
 
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