Vegas Golden Knights Partner With Tout Site 😲(Updated Post #38 - Deal Terminated)

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  • Hman
    SBR Posting Legend
    • 11-04-17
    • 21429

    #1
    Vegas Golden Knights Partner With Tout Site 😲(Updated Post #38 - Deal Terminated)
    Vegas Golden Knights partner with sports picks recommendation site

    David Purdum
    2/25/21


    The Vegas Golden Knights on Wednesday announced a multiyear partnership with UpickTrade, a sports betting recommendation service based in Mexico.


    UpickTrade.com becomes the Official Sports Pick Service Partner of the Knights and will be featured on the team's web and social media platforms as well as on the boards around the rink at T-Mobile Arena in Las Vegas. The deal, according the press release announcing it, is the first sponsorship agreement between a Mexican-based company and an NHL club, as well as the first partnership between a professional sports franchise and a sports betting recommendation service.


    "We are hopeful our fanbase will make UpickTrade.com a part of their sports pick betting process," Mike Mungiello, vice president of global partnerships for the Knights, said in the release.


    Carlos Lazo Reyes, CEO of UpickTrade, called the deal a "historic moment in the sports betting market" and claimed his company has more than 6,000 customers worldwide.


    Financial terms of the deal were not disclosed.


    UpickTrade charges clients $89 a month for its selections, including on the NHL. According to the picks posted on the UpickTrade website from January and February, the service has not offered predictions on any game involving the Knights.


    Asked if UpickTrade is allowed to sell picks on Knights games or would have access to injury and lineup information, Eric Tosi, vice president of communications for the team, told ESPN, "At this time the organization does not have any additional comments beyond what was included in the press release."


    A request for comment to UpickTrade from ESPN was not immediately returned.


    The deal drew criticism from the sports betting community, including problem gambling experts, bookmakers and bettors, who have disdain for the sports pick-selling industry.


    Keith Whyte, executive director for the National Council on Problem Gambling, noted on Twitter that the UpickTrade's website does not include prominently displayed responsible gambling information.


    Picks-sellers have had a notorious reputation for decades, dating back to 1-900 premium phone lines in the 1980s and 1990s and blossoming further on the internet. Services have been accused of selling one side of a game to one client and the other side to a different client, falsifying records and pretending to have inside information.


    On Wednesday, after the deal was announced, the Knights' logo was displayed on the front of UpickTrade's site. The logo was removed from the front of the site as of Thursday.
  • Hman
    SBR Posting Legend
    • 11-04-17
    • 21429

    #2
    Comment
    • Sam Odom
      SBR Aristocracy
      • 10-30-05
      • 58063

      #3
      Comment
      • bonzaii
        SBR Hall of Famer
        • 07-07-17
        • 5000

        #4
        Touts exist to cover their losses on their losing picks.
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388179

          #5
          Terrible

          Vegas a scam
          Comment
          • ridgeway
            SBR Wise Guy
            • 11-10-17
            • 708

            #6
            Comment
            • juicername
              SBR Hall of Famer
              • 10-14-15
              • 6906

              #7
              Records

              2021 +28.56%

              2020 +29.54%

              2019 143.68%

              2018 95.28%

              2017 687.24%


              Comment
              • 19th Hole
                SBR Posting Legend
                • 03-22-09
                • 18968

                #8
                Originally posted by jjgold
                Terrible

                Vegas a scam
                ~~~

                Impossible to disagree.
                Comment
                • cincinnatikid513
                  SBR Aristocracy
                  • 11-23-17
                  • 45360

                  #9
                  touts never lose best gamblers ever
                  Comment
                  • nyplayer33
                    Restricted User
                    • 09-27-06
                    • 8303

                    #10
                    Prob charge you a bunch
                    Comment
                    • Optional
                      Administrator
                      • 06-10-10
                      • 61972

                      #11
                      And I thought the Knights were well run.

                      Has to be something more than we know behind this deal.
                      .
                      Comment
                      • cincinnatikid513
                        SBR Aristocracy
                        • 11-23-17
                        • 45360

                        #12
                        wonder how much they had to pay for this
                        Comment
                        • Optional
                          Administrator
                          • 06-10-10
                          • 61972

                          #13
                          Originally posted by cincinnatikid513
                          wonder how much they had to pay for this
                          According to the article their gross income is 500k/mth currently. (sad if true)

                          Rule of thumb is between 5%-10% of turnover should go to marketing.

                          25-50k/mth should be budget if the numbers are true. But they probably are not as they come from a tout.
                          .
                          Comment
                          • juicername
                            SBR Hall of Famer
                            • 10-14-15
                            • 6906

                            #14
                            Originally posted by Optional
                            According to the article their gross income is 500k/mth currently. (sad if true)

                            Rule of thumb is between 5%-10% of turnover should go to marketing.

                            25-50k/mth should be budget if the numbers are true. But they probably are not as they come from a tout.
                            They sell subs for $89 / month, so they claim to have more than 5,000 subscribers?

                            Their domain authority is 9, no site tracking data found prior to September 2020. Estimated organic traffic is 200-300.

                            Something is really off with this whole deal.
                            Comment
                            • mjsuax13
                              Moderator
                              • 03-14-15
                              • 25198

                              #15
                              The V on the jersey will be for Vegas Dave soon enough.
                              Comment
                              • juicername
                                SBR Hall of Famer
                                • 10-14-15
                                • 6906

                                #16
                                Originally posted by Optional
                                According to the article their gross income is 500k/mth currently. (sad if true)

                                Rule of thumb is between 5%-10% of turnover should go to marketing.

                                25-50k/mth should be budget if the numbers are true. But they probably are not as they come from a tout.
                                From the article:
                                "Carlos Lazo Reyes, CEO of UpickTrade, called the deal a "historic moment in the sports betting market" and claimed his company has more than 6,000 customers worldwide."

                                Is that 6,000 active subscribers or all-time subscribers? The retention rate for touts must be garbage.
                                Comment
                                • Optional
                                  Administrator
                                  • 06-10-10
                                  • 61972

                                  #17
                                  Originally posted by juicername

                                  From the article:
                                  "Carlos Lazo Reyes, CEO of UpickTrade, called the deal a "historic moment in the sports betting market" and claimed his company has more than 6,000 customers worldwide."

                                  Is that 6,000 active subscribers or all-time subscribers? The retention rate for touts must be garbage.
                                  If I was a tout wanting co-branded sponsorship of even a big website like SBR, I'd be thinking 25k per month would be ballpark cost. If I could even get it.

                                  If I could get it on the Knights jersey for that much, I'd feel like it was a no brainer great deal.

                                  That suggests they need to maintain about 2500 active subscribers each month to justify it in normal business terms.

                                  Could work I guess? If the Knights sell themselves that cheaply.


                                  I tend to smell a rat like Juicer does though.
                                  .
                                  Comment
                                  • hehfest
                                    SBR Hall of Famer
                                    • 09-28-08
                                    • 7934

                                    #18
                                    Originally posted by mjsuax13
                                    The V on the jersey will be for Vegas Dave soon enough.

                                    Are people still buying his picks? What's the recent story?
                                    Comment
                                    • mjsuax13
                                      Moderator
                                      • 03-14-15
                                      • 25198

                                      #19
                                      Originally posted by hehfest
                                      Are people still buying his picks? What's the recent story?
                                      No clue but you and I both know a sucker is born every minute.
                                      Comment
                                      • Sato
                                        SBR MVP
                                        • 07-10-12
                                        • 1201

                                        #20
                                        Originally posted by bonzaii
                                        Touts exist to cover their losses on their losing picks.
                                        Steve Stevens wants to call you
                                        Comment
                                        • xKMACKx
                                          SBR MVP
                                          • 11-16-08
                                          • 1274

                                          #21
                                          Originally posted by hehfest
                                          Are people still buying his picks? What's the recent story?
                                          <iframe width="560" height="315" src="https://www.youtube.com/embed/4FD1wKwOjCE" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

                                          Comment
                                          • xKMACKx
                                            SBR MVP
                                            • 11-16-08
                                            • 1274

                                            #22


                                            All they do is take big favorites and buy points. Right out of the Vegas Dave playbook.
                                            Comment
                                            • jjgold
                                              SBR Aristocracy
                                              • 07-20-05
                                              • 388179

                                              #23
                                              They re getting destroyed over it

                                              It also is a scam site from Mexico somebody got a payoff

                                              I would think deal going to get cancelled
                                              Comment
                                              • clockwise1965
                                                SBR Hall of Famer
                                                • 10-01-13
                                                • 6753

                                                #24
                                                Originally posted by jjgold
                                                They re getting destroyed over it

                                                It also is a scam site from Mexico somebody got a payoff

                                                I would think deal going to get cancelled
                                                As it should. Very poor decision.
                                                Comment
                                                • jjgold
                                                  SBR Aristocracy
                                                  • 07-20-05
                                                  • 388179

                                                  #25
                                                  Originally posted by clockwise1965
                                                  As it should. Very poor decision.
                                                  yep you cannot do deals with any touts all scammers and we all know nobody wins
                                                  Comment
                                                  • thechaoz
                                                    SBR Posting Legend
                                                    • 10-23-09
                                                    • 12154

                                                    #26
                                                    Mom was squeezing tough on my rooster
                                                    Comment
                                                    • jjgold
                                                      SBR Aristocracy
                                                      • 07-20-05
                                                      • 388179

                                                      #27
                                                      The Knights got conned and I would bet 100% site has vegas tout ties

                                                      Someone in power within Organization 10000% linked to the tout site and or owner and set up a shell company in Mexico , he or they will get kickback from tout site

                                                      This is not going to end well for Knights
                                                      Comment
                                                      • pologq
                                                        SBR Posting Legend
                                                        • 10-07-12
                                                        • 19899

                                                        #28
                                                        promoting a tout just screams fraud at a bunch of levels. someone in the organization must be laundering money to mexico and this is the favor.
                                                        Comment
                                                        • Ian
                                                          SBR Hall of Famer
                                                          • 11-09-09
                                                          • 6088

                                                          #29
                                                          This is a disgrace. The Golden Knights deserve whatever bad press they get from this.
                                                          Comment
                                                          • xKMACKx
                                                            SBR MVP
                                                            • 11-16-08
                                                            • 1274

                                                            #30
                                                            <blockquote class="twitter-tweet"><p lang="en" dir="ltr">Here's a long statement from the Upicktrade CEO about the company's new <a href="https://twitter.com/GoldenKnights?ref_src=twsrc%5Etfw">@Gold enKnights</a> partnership. He's hoping the partnership is a springboard to growing hockey in Mexico, and maybe hosting <a href="https://twitter.com/NHL?ref_src=twsrc%5Etfw">@NHL</a> games. <a href="https://t.co/FeQiNR3xVH">pic.twitter.com/FeQiNR3xVH</a></p>&mdash; Eben Novy-Williams (@novy_williams) <a href="https://twitter.com/novy_williams/status/1365154119217000450?ref_src=twsrc%5Etfw" >February 26, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>


                                                            Comment
                                                            • xKMACKx
                                                              SBR MVP
                                                              • 11-16-08
                                                              • 1274

                                                              #31
                                                              Doing it to expand hockey in Mexico . Carlos should have hired somebody to write that.
                                                              Comment
                                                              • pilebuck13
                                                                SBR Posting Legend
                                                                • 05-15-15
                                                                • 17918

                                                                #32
                                                                Sounds like free money
                                                                Comment
                                                                • jjgold
                                                                  SBR Aristocracy
                                                                  • 07-20-05
                                                                  • 388179

                                                                  #33
                                                                  Comment
                                                                  • pologq
                                                                    SBR Posting Legend
                                                                    • 10-07-12
                                                                    • 19899

                                                                    #34
                                                                    sure gary bettaman is happy about bringing hockey to mexico
                                                                    Comment
                                                                    • pilebuck13
                                                                      SBR Posting Legend
                                                                      • 05-15-15
                                                                      • 17918

                                                                      #35
                                                                      This will be the new norm. Legalization across the USA will result in a massive boom for tout services. JJ you should start a podcast
                                                                      Comment
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