Article on Wayne Root in the WSJ

[c20916]

Anyone read that article today, what a joke, here are some funny lines from the article:

"Mr. Root says he picks winners 55% to 58% of the time. That doesn't sound impressive to some people, but that margin has made him a successful handicapper and bought him his house in an elite neighborhood" :mj07: :mj07:

The article goes on to say his method of handicapping is to go against "dumb money". He talks to local bookies to find out where the action is and then takes the opposite.

The stat that makes me sick -- GWin, his company, expects clients to pay a total of $7 million this year for the picks and advice of Mr. Root and the other handicappers on all sports. :jerkit:

 

[TJBELL]

:jerkit: :jerkit: :jerkit: :jerkit:

 

[yyz]

Why "Allyn"???

Did he get into legal trouble with "Allen"?

 

[hogman14]

During football season especially, he's always doing promos on the local sports radio station. It comforts me at night, knowing that "he wants to be [my] man in Vegas!"

What a jerkoff.

 

[ageecee]

anyone have the link to that article? Can you please post it?

 

[c20916]

It was in the acutal paper I don't know if it's online or not.

 

[DOGS THAT BARK]

The spin>"Mr. Root says he picks winners 55% to 58% of the time. That doesn't sound impressive to some people, but that margin has made him a successful handicapper and bought him his house in an elite neighborhood"

The Fact> He lives there because some people believe him when he says he picks 55% to 58% winners

 

[ocelot]

DTB,
You nailed it. Though if he did pick 55 to 58% winners he WOULD be able to make excellent money.

Why is it 55 to 58%? Does that mean every year that he has made picks he has hit between 55 to 58? That would be remarkably consistent. Or is it that he doesn't really know exactly his overall win % just that it is somewhere between 55 and 58..."trust me"?

Seems like they would say "Wayne has picked 56.4% (or whatever) over more than 15 years of handicapping".

 

[c20916]

The article does preface that sentence by saying, while it's nearly impossible to confirm ..

That's probably because it's hard to figure out a winning % when you are giving out both sides of a game to different clientel.

 

[danmurphy jr]

You nailed that one! Anyone not aware of "Siding", it goes like this.
I have 16 prospects. Guaranteed to win. 8 one side - 8 the other. I have 8 winners, who now will pay a nominal fee. 4 one side - 4 the other. I now have 4 morons who will pay big $$$ for inside info. 2 on one side - 2 on the other. The last 2 will become poster boys for GA. There are a number of variations on this same ruse. They can not succeed without it.
PS: I used 16 for example, Feist, Root, et al will have 160 people yo pull this off on any given time. As in all sales organizations, you need a pipeline to succeed.

 

[THE HITMAN]

He's even funnier on TV. It's Saturday morning and you are fresh off of a bunch of losers for the past couple of weeks (or more). You are pissed, dismayed, bewildered and confused and have no confidence in your own picks. He sounds savior-like convincing, and that is step 1 in reeling in a net full of little fishies.

 

[yyz]

What makes him any different than the "chest beaters" in here?

Oh....that's right! He's smart enough to make millions!

 

[homedog]

What makes him any different than the "chest beaters" in here?

Oh....that's right! He's smart enough to make millions!

:mj07: :mj07: :mj07:
:clap: :clap: :clap: