AZDuffman
AZDuffman
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January 16th, 2011 at 5:10:40 PM permalink
Looks like a good sports betting story on 60 Minutes in about 20 minutes, except on the west coast where it will be seen at its regular time.
Tolerance is the virtue of believing in nothing
clarkacal
clarkacal
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January 16th, 2011 at 6:55:05 PM permalink
It seems like that whole segment has been done before just with a different guy. What really got my attention was Lara Logan! Her smile and little giggle when that guy said they would "steal the Lord's supper" was the highlight for me.
JIMMYFOCKER
JIMMYFOCKER
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January 25th, 2011 at 4:05:51 AM permalink
Very sexy female
AZDuffman
AZDuffman
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January 25th, 2011 at 5:18:52 AM permalink
Quote: clarkacal

It seems like that whole segment has been done before just with a different guy. What really got my attention was Lara Logan! Her smile and little giggle when that guy said they would "steal the Lord's supper" was the highlight for me.



I did find it interesting he allowed himself to be filmed messenger betting, still a no-no even if you can have your cell phone in the sportsbook now.
Tolerance is the virtue of believing in nothing
reno
reno
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January 26th, 2011 at 8:32:39 AM permalink
Quote: AZDuffman

I did find it interesting he allowed himself to be filmed messenger betting, still a no-no even if you can have your cell phone in the sportsbook now.



Yeah, I was thinking the same thing. He had several hundred thousand dollars on the line. How many messengers does he have?!? And I thought most sportsbooks have a max of $10,000 per bet. (Is this true?) Also: are the messengers presenting their own players cards and keeping the comps?
Wizard
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Wizard
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January 26th, 2011 at 8:39:44 AM permalink
The book "The Smart Money" is a thinly veiled account by a former runner (messenger bettor) of Billy's. As was mentioned on 60 Minutes, he didn't know who the other runners were, but had the feeling that he was one of many. The book indicates that good customers can get higher limits on sports, which I also understand to be true. It is a good book, especially if the topic interests you.
It's not whether you win or lose; it's whether or not you had a good bet.
AZDuffman
AZDuffman
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January 26th, 2011 at 8:51:51 AM permalink
Quote: reno

Yeah, I was thinking the same thing. He had several hundred thousand dollars on the line. How many messengers does he have?!? And I thought most sportsbooks have a max of $10,000 per bet. (Is this true?) Also: are the messengers presenting their own players cards and keeping the comps?




If they are getting enough cash to incur taxes I would figure they are using their own cards and keeping the comps. If I ran the orginization I'd let them keep the comps same as you let your employees keep their airline miles and hotel points. Since they will attract attention anyways why not? I don't think you get much in comps for the sportsbook anyways. But a smart runner will maximize their value since they are not exactly getting paid vacation and a 401(k.) That is just IMHO, though.

I think the max sports bet depends on the amount of action they have on a game. The runners are probably responsible for hitting more than one book.
Tolerance is the virtue of believing in nothing
Wizard
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Wizard
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January 26th, 2011 at 10:24:26 AM permalink
In the Smart Money I think the one runner was getting down up to 50K on NFL games. This operation also bets offshore. I do not doubt that he could get down 300K on ordinary NFL games between all his Vegas runners and betting offshore. Obviously less for college football or basketball.
It's not whether you win or lose; it's whether or not you had a good bet.
JIMMYFOCKER
JIMMYFOCKER
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January 26th, 2011 at 10:32:37 AM permalink
Billy is a major offshore player, fairly evident.

Guessing he has huge credit accounts with the likes of Bookmaker, Pinnacle, Matchbook, and a few others.

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