Do you believe operating a TOUT SERVICE is 100% legal?

Iona · 02-21-10, 07:27 AM

Yes, because gambling is legal in Las Vegas.

Also, I would guess that upon signing up with a service that you would sign some sort of document the states that sports wagering is illegal outwith the state of Nevada blah blah blah

Reload · 02-21-10, 08:35 AM

As long as they are careful with all the "this information is for entertainment...and is never a sure thing...." fine print, they should be.

THEGREAT30 · 02-21-10, 08:36 AM

Good questions, would take some brainstorming but I'm quite sure that I could come up with an argument that goes against it being 100% legal if I cared to,good day

AMBlai01 · 02-21-10, 08:41 AM

It is legal because of all the reasons that are mentioned above. Many loopholes in that business.

Boner_18 · 02-21-10, 08:45 AM

Yep. 100%.

Justin7 · 02-21-10, 08:50 AM

As long as there is not profit sharing or a sheet where you take a piece of their losses, sure.

minet123 · 02-21-10, 09:11 AM

yes

JoeVig · 02-21-10, 09:38 AM

Originally posted by Justin7

As long as there is not profit sharing or a sheet where you take a piece of their losses, sure.

Now that sounds like a business model: Take a cut of the winnings from a player, and then go refer them to a book and get a cut of their losses.

statnerds · 02-21-10, 09:47 AM

yep. they are only selling information, what their clients choose to do with that information is not their concern or responsibility. and as long as they keep paying taxes to a government that can't get enough $$$$$, they're good.

Fishhead · 02-21-10, 09:49 AM

Thanks for the responses, I'm always interested in what individuals have to say on this topic.

THE PROFIT · 02-21-10, 01:24 PM

100% legal. They are selling an opinion. Same as a stockbroker, but a tout won't go to prison for giving inside information.

1st and Ten · 02-21-10, 01:26 PM

entertainment purposes only....a lot are based out of Nevada

whatsgood5 · 02-21-10, 01:30 PM

I really don't know too much about laws, but I have to believe with their fine print and whatnot like others have said, that this is perfectly legal.

jjgold · 02-21-10, 01:32 PM

Yes but they are all frauds

Did you ever hear a tout say they are under 55%??

Enogsiwon · 02-21-10, 01:33 PM

Imagine if I somehow could pull these posters together..

King
Fishhead
Lakerboy
Pavyracer
Couple Others

If we ran a Tout Service we would surely show a nice profit..

Fishhead is too nice..
Pavyracer would rather doodle around all day with his Points..
I know Lakerboy is down for this, he won't admit it though..

Hopefully these guys will be guest writers on Kings Corner this year..

pokernut9999 · 02-21-10, 01:34 PM

Originally posted by THE PROFIT

100% legal. They are selling an opinion. Same as a stockbroker, but a tout won't go to prison for giving inside information.

Wrong , that is what the NBA referee went to prison for.

INVEGA MAN · 02-21-10, 01:42 PM

yes, but they are all garbage. if they knew who was going to win, they wouldnt have to sell their picks would they

1st and Ten · 02-21-10, 01:43 PM

Originally posted by pokernut9999

Wrong , that is what the NBA referee went to prison for.

But touts aren't officiating the games.

whatsgood5 · 02-21-10, 01:45 PM

Originally posted by jjgold

Yes but they are all frauds Did you ever hear a tout say they are under 55%??

That'd be a pretty poor marketing strategy

pokernut9999 · 02-21-10, 01:47 PM

Originally posted by 1st and Ten

But touts aren't officiating the games.

Never said they were , giving out inside info is illegal.

Touts give an opinion , highly doubt any have any inside info.

If they knew anything more they would not be selling it.

Rio DiNero · 02-21-10, 01:49 PM

Originally posted by 1st and Ten

But touts aren't officiating the games.

If you find one that is let me know

Doug · 02-21-10, 02:35 PM

I never heard of a tout getting busted.

flyingillini · 02-21-10, 02:37 PM

We have many touts on SBR.

eidolon · 02-21-10, 04:08 PM

understanding how touts are such frauds, has really opened my eyes up to all businesses, and how they just want your cash, and will say anything to make you feel good about their product.

RAILBIRD · 02-22-10, 01:57 AM

yes

RAILBIRD · 02-22-10, 02:08 AM

I got a sales team just put together, commission only, going door to door sales.

fsugolf · 02-22-10, 02:15 AM

touts are the same as stock brokers imo....so (not knowing the in's and outs of the legality) I would say yes it's legal

THE PROFIT · 02-22-10, 02:24 AM

you're focusing too much on the wrong part people. Stockbrokers can't give inside info! Get it? It's illegal & they go to prison and so do the people they give it too. If a tout has inside info, it's just info, good info to have & not illegal. You all are reading way too much into that, DAMN!

And yes, the best touts do have inside info. The biz has got lazy just like everything else. Nobody is willing to take the time to groom towelboys anymore, train them on what to listen for. Cheerleaders are good too. Great source of info is bartenders around a college town. ESPN doesn't know if the star running back or the QB got laid last night, or had too much jaeger, or if his parents just filed for divorce, or found out 2 days ago his GF is fukin the lacrosse team, or has an injury that hurtin like hell but he's playin through it but could go out any minute. But a REAL tout knows these things because he's not lazy & has contacts.

THE PROFIT · 02-22-10, 02:33 AM

I was a cog in the wheel of the business, it's 110% legal, end of subject. It's the same as you asking me if I think the sun will come up in the morning. As long as I have a license to sell & pay taxes on it you can give me money for my educated opinion on that. 99.9% of the people have enough confidence in their ability to determine if the sun will indeed come up so no one will pay for that. About 30% of people have confidence to pick a winner, & they will pay for that opinion! Usually way too much to an idiot, but they pay!
A preacher doesn't know any more than you what the hell happens when you die! But there are hundreds of thousands of them making a good living off people giving them money for their opinion! And those ****suckers don't pay taxes! So you tell me what's legal & what's right!!!

Mr. Peepers · 02-22-10, 02:37 AM

as legal as masturbating on a airplane...

THE PROFIT · 02-22-10, 02:14 PM

is that legal?

diamondhandicap · 03-05-10, 10:06 PM

I would say so. I created one. Strictly dedicated to baseball. Just opening this year. I built the site, and give out free picks. Have blogs and podcast too. Should be fun. All documented, no BS.

Tsoprano · 03-05-10, 10:10 PM

Originally posted by diamondhandicap

I would say so. I created one. Strictly dedicated to baseball. Just opening this year. I built the site, and give out free picks. Have blogs and podcast too. Should be fun. All documented, no BS.

^^

SHOUT when you see a TOUT!

bigboyfosho · 03-05-10, 10:16 PM

SHOUT when you see a bookie!