Why has no one thought of this...

[peacebyinches]

So you know how sportsbooks offer proposition bets on the Oscars? Well, before the Oscars air, certain people are going to know who is going to win which awards right? Even if its somehow kept so tightly under wraps that the only person who knows is whatever guy writes the names on the winning cards that the presenters announce during the show.... that guy could make such bank!

He could deposit at every online sportsbook, put in wagers in Vegas, AC, pretty much any place offering Oscar props (maybe even try and get away with parlaying a bunch of your picks) and BAM.... millionaire.

Now I just need to figure out how to get that job.... hmmm.....

[ramones951]

Good luck, let us know how that turns out

[RoadFavorites$$$]

you really think any sportsbook would allow you to parlay up to a large amount of money? Not a chance.

[LVHerbie]

I seen novelty props where at times it was pretty clear someone with inside knowledge had hit them...

Books counteract that with extremely low limits (I've seen as low at $25 on some stuff) but you are able to get down quite a bit (relatively speaking) on something like the oscars...

[Jimmy Proffett]

I hear that's how Nick "The Greek" Dandolos got his start. Won double his net worth betting on Cimarron.

[peacebyinches]

Yeah and I'm not saying you need to take each book for a gazillion dollars each, even just doubling up your current bankroll would still be pretty sweet... Then you go screw around in the casino, give them back a little bit there ya go... BAM FREE MONEY!

[dredmahawkus]

inside info.....wow I cant believe no one has thought of that!

[peacebyinches]

I think this kind of inside info is a little better than "so and so's shoulder is bruised, definitely bet against his team!!"

[beefcake]

First of all Ernst and Young does all the accounting for the awards shows. There whole reputation is built on trust and I seriously doubt they would let the cat of the bag. And most books offer lower limits on these bets anyway.

[ebbearsfb1]

lol max bets on it are no more than 50 bucks

[Djstucky]

inside info.....wow I cant believe no one has thought of that!

I can't believe with ideas like the OP has books can even stay in business...

[FourLengthsClear]

There would be more chance of getting inside info on the WWE or something like that, I would think.
Two small problems of course, 1 is low limits and the other is that if the book will boot you if you show a pattern of knowing something.

[peacebyinches]

Well all I know is that if I could wager money on something I had a 100% chance of winning, I'm going to take as much advantage of that as possible. Also, thats a good point about WWE wrestling... seems like an ass load of people would know pretty much whats going to haoppen and certainly who wins. Interesting idea indeed....

Also, there are a ton of proposition bets for the super bowl that are directly controlled by what certain people do.... Kelly Clarkson could rig the National Anthem, the winning coach can rig his victory speech, the players can even rig the color of gatorade they dump on the coach.... hmmmm...

So now I'll have to add to my plans to not only be the Oscar envelope writing guy, but become equipment manager for the super bowl champs, good friends with the winning coach and QB and MVP, and Kelly Clarkson's agent.... man I can see the money piling up already!!! BAM !

[bswagos]

First of all Ernst and Young does all the accounting for the awards shows. There whole reputation is built on trust and I seriously doubt they would let the cat of the bag. And most books offer lower limits on these bets anyway.

Yeah because accounting firms are so trustworthy now. Think Arthur Anderson and Enron.