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Old 10-31-2012, 01:13 PM   #125 (permalink)
Join Date: Apr 2011
Location: Philadelphia
Posts: 3,004

Originally Posted by Gio47 View Post
58% win rate over 700 plays isn't legit? Billy Walters (look him up because I know you don't know who he is) is the biggest and most successful sports bettor in the world. His win rate is 58%.

Books don't gamble, they aim for 50/50 action. They don't always get it exact but that's the goal. The reason street books make money is because people lack money management skills. They go all in and eventually they lose. You won't simply lose just because you bet favorites. It'd be pretty easy to just bet all underdogs and win but that doesn't work either, dogs hit 50% just as favorites do. They beat you long run with the juice and people lacking money management skills.
That is BS, there are more wiseguys and sharp players betting in places illegally then rich guys sitting in Las Vegas. You really think that big players aren't taking advantage of street lines and bubble gum bookies? AC had one of the biggest books around. It was run out of the Borgota by the mob.

You seem to think that Las Vegas is the only place where sharp players bet, that just isn't true.
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