6th April 2017, 08:38 AM
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Member
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Join Date: Jan 1970
Posts: 4,425
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Google "Steve Stephens VIP", it tells a very different story.
What I can say here, is that he boasts a winning record of 71.50% on his bets, something that the very best sports handicappers cannot achieve long term.
Consider a man (any man) has an edge, he sells his selections and takes a commission from winning punters. That man cannot lose. The punters who do lose, do their dough. He walks away, none the worse.
The punters who win are destined to come back, but lose because any edge is eaten up by the massive commission taken.
Imagine that a man says he needs clients because all the sportsbooks won't take his bets in Vegas, because he is just so good. These sportsbooks have never heard of this man, and if it were the case, he just sends his neighbours, his family, his friends to put his bets on for him.
It makes for great entertainment, but that's all it is.
It's like the old system sellers who used to churn clients and give each client a different horse in the same race. They would publish the winner, and the winning punter would return and tell all his mates. It's like a pyramid scheme, remember "Golden Airplanes".... a few of my colleagues where I was working at the time lost big money in the 1980's.
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