Re "Touts" How to Win & lifes lessons Insurance companies make bets and win
They know how many people in your zip code will get Prostate cancer give or take 5% and they charge accordingly
Their in-house "Touts" are known as "Actuaries"
[B]About "Touts or Information sellers[/B]
To be certain Most "Touts" or Sports Prediction sellers Over promise and Under deliver, and they don't care about their clients outcome, only theirs & a great majority are outright scams with Game Hype 2 star or 5 star Game of the year etc
The industry is unregulated and therefore without pest control the vermin enter.
This is why you don't see or hear A Securities dealer Hyping a Stock,
like a "Tout" would Hype a Game, they would lose their license.
There are honest ones who perform well and their reputation for integrity precedes them.
Karma is real. In your dealings if you are treating people the way in which
you [B]would not [/B]want to be treated,in comes back in spades
Most of you already know this.
As for myself A former Commodity Trading Advisor I was paid on a % of Profits only, the same way I charge on my overunder.com.
Losing Money you can do on your own, you don't need to pay anyone.
the Jon Corzine "Incident" the Chicago Board of Trade did not protect customer losses from a Member firms losses
One of the Exchange Guarantees was to "Circle the Wagons" and cover losses if a Firm failed, it took the Taste right out of my mouth and i left the business
. If you can't trust the Exchange I would not put my $ or my Clients money exposed to that type of Risk.
Nevada Sports Books have never ever Failed
Plus outside influences like interest rate moves or the UK leaving the E.U
Nonsense like that does not affect a Sports Teams Performance The Market Crashed but the Cubs didn't.
There are no Bernie Madoff or Enron stories with Nevada Books
[B]About comments on learning how to Win[/B]
In this life the adage "No one gives you anything" You have to learn on your own I found that to be true.
In close to 70 years I have learned the older u get the years force knowledge on you like it or not.
No true long term winner would tell you HOW TO because you take away his edge
example if I told HOW I PICK
then i get the play,at a worse price
Everyone in an open market is your competition Sports Stocks Commodities
[B]
Lastly about my overunderexpert.com[/B] The following while being True, is also self serving by definition
How I got into this Business of "Tout" Information seller
I do my handicapping , then I enter the market FIRST.
After looking at my worksheet I see this info has value even after i enter the market.
If one is a business person why would i overlook that.
But getting back to Karma
giving out raw info without a full disclosure on money management and what to expect
and keeping away 'Gamblers" people who bet wildly for entertainment and always lose, and then complain,
would cause me stress I don't need (who does).
So what i did was do keep 3 things paramount
1.Have full disclosure on Money management, and require an acknowledgement understanding to be copied and pasted
and sent back.
2. Charge on True Profits only
as I did as a Commodity Trading advisor
Units ahead.
Unlike "Guaranteed Pick sellers where if u lose 1 day you don't pay,
what good is that?
you still lost, you can do that on your own
3.I treat people the way i want to be treated, i believe there is a life after this
You don't have to believe it ,or Believe in God I do and that's all I care about
But if you have an ounce of logic in your body
You will know Never Introduce Risk into your life when you don't have to
if you look in wikipedia under [B]'Pascal's Wager " [/B]
You will see the argument that it is in one's own best interest to behave as if God exists,
since the possibility of eternal punishment in hell outweighs any advantage of believing otherwise.
i.e I you behave well and there is no God you have lost nothing
so why introduce the risk doing otherwise
Believe me I turn away more people because of my requirements to subscribe,
wise guys, complainers, guys who are emailing me after a good day a bad day you name it
i don't want to get in any back and forth dialouge
I (we) are always learning for the better
i found a bug in my software that was the cause of losses earlier this year
that i have not seen since i started publishing
I now clean and verify my program daily,
my clients paid nothing until in profit,
yes i had some start chasing and blew themselves out
even after they acknowledged in writing to not chase.
It;s like telling your kid don't do this and he still does it.
[B]
In conclusion[/B]
Anyone can't learn to do anything including wining in any market IF THEY REALLY REALLY HAVE TO.
[B]Necessity is the Mother of Invention.[/B]
If they put you in Jail with a book on how to fly a 747 and a flight simulator and said your not getting out to you learn to fly and land in all types of conditions, guess what
You would be a pilot in 48 hours
So you don't need a Tout me included, its just that some folks have priorities on their time
You can paint your own house or pay someone who does it better than you.
i am posting my picks for free under thursday June 30 on this site and at rx sports forum
after that you can follow my updated results at overundrexpert.com
Remember Money Management is THE MOST IMPORTANT ASPECT of any business including running your household.
Have a great day
Sam from overunderexpert.com
