• @Jiggle_Physics
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    5610 months ago

    He is in sports gambling as a profession. Writes about, gives advice, predictions, etc.

    • @PDFuego
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      4610 months ago

      Oh man. I liked this post better when I thought it was a good joke.

      • @[email protected]
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        1310 months ago

        Yeah wtf! I thought this was a great “Ken M”-style troll, well done really. But this guy being serious makes this absurd.

      • @Jiggle_Physics
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        3610 months ago

        He is a pusher, but his enablers are more like major casinos, sports organizations, etc. He is a dealer high on his own supply

    • @[email protected]
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      1710 months ago

      gives advice, predictions, etc.

      Can you not abuse this position by betting on the option contrary than the one you’re promoting, in order to increase your winnings?

      • @Jiggle_Physics
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        910 months ago

        yeah, however these types of jobs have existed for a long time. That is what Nate Silver of 538 did before doing what he does now. He might still do it too, don’t know though. So, I assume, they have contracts and other methods of mitigating that conflict. I also assume that clients/employers do what they can to know if someone like him is trying to fuck them over. There are probably some pretty nasty consequences for getting caught too. I doubt they can ever get rid of all risk but, if the person is good, I imagine the risk benefit analysis falls into the favor of using people like him. You will find these types of entities scouting university math departments, especially statistics majors.

      • @Frozengyro
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        -710 months ago

        Generally not, the odds don’t change based on what people put their money on.

        • @[email protected]
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          1810 months ago

          The odds for lots of sports betting literally change based on the bets made. Bookies, legitimate or not, shift the line and odds to account for the money on the line - they’re never going to lose money if they can help it. The house always wins.

    • @xantoxis
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      610 months ago

      Jesus Christ I didn’t believe you so I looked it up. What the fuck

      • @Jiggle_Physics
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        410 months ago

        If there is a way to make money there will be a industry made for it. If there is an industry for something there will be consultants for the businesses in the industry.