Absolutely hilarious website.
Start a Sports Handicapping Scam
by DEMETRI on SEPTEMBER 17, 2007
http://demetri.ca/makemoneyonline/20...ping-scam.html
Online gambling is a huge industry with companies like Bodog and Betfred
raking in so much money that the president of Bodog, Calvin Ayre, avoids setting foot in the USA for fear of being brought up on racketeering charges.
Who has the money or resources to start up an online casino? Or even the energy and time to get the backing for one that could compete with the big boys? Why bother when you can do what many did back in the gold rush. The real money back then was selling the shovels not in finding the gold.
History has a way of repeating itself. Casinos, much lick the Klondike of old, have the odds stacked against the gambler that there is virtually no chance that they’ll strike gold. Many gamblers buy “winning” sports picks from various “experts” in a vain attempt to strike it big.
So with that in mind does it really matter if the picks the gamblers get are real, or is the rush and excitement of knowing they’re about to get a leg up on the casino enough to make buying your sports picks.
The traditional way the “experts” run their scam is to send out a bunch of fliers with a free “winning pick” and a number for gamblers (AKA the mark) to call in if they want to pay for a winning pick. The handicappers (or shysters as one legit handicapper I know refers to them) make promises of you making incredible amounts of money on their picks and of course they have a free pick on the flier that will have, if you’re in the correct are code, won.
What you can’t see is that the fliers are different in each area code. For the first run of fliers 1/2 of area codes get one team as the winner and the other area code gets the other team as the winner. Replicate this out to 10 or 20 cities and you’ll end up with one that has a large number of people that saw your steak of “winning” predictions.
The internet and IP to city databases allow you can determine the location of a visitor to your website. You can use this to replicate giving from the same city the same picks just like with the traditional flier method. Assuming you’ve figured out how to get traffic to your website then you can make lots of cash.
Requirements
The most important requirement is that you have no morals at all. You’ll be ripping people off. Running a sports handicapping scam like this is probably illegal but there are so many of them it makes you wonder why no one stops these criminals.
Ironically there are a few legit ones, but their problem is that they can only promise a return of 10% of month over a long term of playing their picks. It just isn’t exciting like knowing you’ll be doubling or tripling your money in a day.
Then you’ll need an IP to city database, some programming skills and a website. Fortunately all of these can be purchased online. There’s a lot of qualified designers and web programmers contracting through eLance that building website should not be a problem even if you lack the requisite skills.
Other than that some links to online Sports Books, AKA Casinos, will come in handy. You can recommend “reputable” sports books where your customers can place their bets. The great part is that you can get an affiliate code and make a commission from people that sign-up and bet on top of the fees for your sports picks.
The Payout
Assuming you can get traffic to your website then you could be making hundreds of dollars a day.
At the very least you’ve probably learned not to throw your money away with the shysters.