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  • #46
    Biloxi-Superb and well thought out post.
    I suppose we could take it one step further and apply the psychology angle to the sports services.
    Obviously their main goal is to get people to sign up/call to make money.
    To do this the service has to do the following: 1) pick a high percentage of winners;2) spin their record so that at least it appears they have a high winning percentage.
    This doesn't always involve lying about their record; it may just be conveniently stating their record for the time frame which makes it appear they are winning(e.g. if service is say 12-4 over 4 days, they would state that but leave out how they were 5-10 for example in the days prior to that).
    Then of course if the service has a sense that the public plays have been losing of late, it knows that it may have a weak prey and that many folks wanting to get even may just sign up for the service's picks if its ad is convincing enough.
    Of course many services also try to entice bettors with 50-1 systems,angles, etc. that only they(the service) know about.
    It is in a way similar to a trial;it is not who is telling the truth;it is which lawyer can do a better job of convincing the jury that his client should win;obviously psychology is the key.
    It is the same with the sports services;the ones with the smoothest, most believeable and convincing ads are the ones which succeed;this may or not be the ones which are in fact the best if their record is taken as the criterion.
    In short, as with the linemakers psychology is what counts re: the sports services.

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    • #47
      The likes of Lawrence and Root. I'm convinced they don't care about their true record, picking winners or their clients. They want maximum exposure. They'll burn every client on the way. They know there's dozens more suckers right around the corner.

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      • #48
        I can't personally stand that arrogant and conceited Wayne Root;he has been called Wayne "Ruth"less. I wonder why.
        He thinks his sh-t don't stink.
        What a surpise-0-4 over the weekend in the NFL.
        I can't watch him on tv flailing his arms like a paraplegic trying to emphasize how good he is;I understand he lectures a lot;he should go back to college and take up Speech 101;he sure does not know how to use his hands and body to make points(in all fairness I haven't seen the jerk on tv in a longtime;so maybe he smartened up).

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        • #49
          I'm seriously considering sending him email inquiring about next weekends NFL games. I'd love to hear their response on how they did last weekend.

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          • #50
            Root would somehow sugarcoat it and give you the impression that he has never had an 0-4 weekend before, and that is even more reason to sign up for this weekend's Board of Scam Artists locks for the weekend.

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            • #51
              biloxi/frank/savage

              Biloxi, don't be too hard on the rookies trying to stay in conversations with the veterans.........what is funny is this::: i thought i knew so much more about this whole thing when i was a rookie than i do now..........if a novice gambler wants to ge to be a solid veteran gambler, he/she is going to take more hits along the way than steve young and troy aikman combined.........it is a rough rough road !!!!!!!!!!!!

              however biloxi, i totally agree with you and if these rookies sit and watch and learn, as much from the commentary as the picks themselves, it will be a much shorter road......i think my first 7 years , i lost about $70,000, maybe more...........until i figured out that i can make money playing my college games and my futures , and staying away from the other sports unless someone i respected had a play on a game or games........

              but i think the #1 thing BY FAR to learn about this business in MONEY MANAGEMENT!!!!!!!!--->lets be honest, the difference between a great year for one of us and a bad year for one of us might mean at the most, a 30%-40% deviation is winning percentage...........but a rookie gambler can finish a year at 122-90 and lose money while a veteran can finish 122-122 and win a good bit of money..........

              i developed by own 'unit playing' about 5 years ago and never stray from it.........how many times when i was younger did i spend sunday and monday night's either trying to double or nothing on my weeks winnings or, trying to recover all losses in 1 play..........this is where i think internet books are much better than 'street bookies' because now, you really cannot get down too much, although with credit cards i guess you can..........

              so maybe we should start teaching some money management techniques as well!!!!!!! just a thought

              meanwhile, so i can post an appropriate comment in this thread as opposed to a rambling one...........i think i saw someone use the term 'spreizter's game of the month'........doesn't he have 45 of those each month?
              b

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              • #52
                GWNI Wayne Root Inc.

                Root is even scamming his company stock investors. Fiscal year ending July 2003 the company had $5.9 million in revenue. Cost of revenue $3.5 (what the fuck could cost 3.5 million?). Selling General and Administrative Operating expenses $4.6 MILLION.

                The companies Net loss $7.1 million.

                SEC filings:

                October 30, 2003, Moore Stephens, P.C. resigned as the independent accountants for GWIN, Inc

                On January 6, 2004, Demetrius & Company, L.L.C. resigned as the independent accountants for GWIN, Inc

                The Registrant's (GWIN) financial statements for the year ended July 31, 2003 contained no adverse opinion or disclaimer of opinion nor was it qualified as to audit scope or accounting principles. However, it did include a paragraph concerning uncertainties relating to the Registrant's ability to continue as a going concern.

                Wayne Root, 41 pay $2.62M. This guy is running his publicly traded company into the ground while paying himself $2.6 million. 44% of the companies revenue.

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                • #53
                  WOW

                  Frank / Shorty:

                  Hope I wasn't too rude to the inexperineced guys...Sure don't mean to be. GREAT POINT re: Money management. Nothing needs be added. You precisely described what all of us did early in th elearning process. Frank, the Root thing while pretty amazing, certainly isn't unbelievable. Crook, criminal, thief, and we can only hope the SEC starts an investigation...

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                  • #54
                    shorty3830

                    Once again I couldn't agree with you more. MONEY MANAGEMENT is so IMPORTANT. Internet betting has made me a better player. Everyday I see my balance. With a local book if I was up I'd bet stupid because I was playing with the books money. If I was down I'd bet stupid because I'd try to win it back before I had to pay him.

                    Now I play anywhere between 2 - 5% on any play. On a rare occasion I played 10% such as NE vs. Buffalo the last week of the season. Even though I won it was a bad wager.

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