Scottydog said:
The GOY moniker is a unique phenomenon and I can see why it's such a big draw amongst casual bettors. When I first came to pregame, I was more or less naive to the tout game and I found myself believing some of the hype around the Games of the Year and some of the similar big game plays. I thought these types of plays would fall in the 65+% category. And given all of the hype around the pick I naturally increased the size of my bet. Big play? Big bet, right? Until it loses.
I have no idea how the new site will be set up. Personally, I find the record keeping policy to be far from adequate. RJ goes on the radio, Cowherd, and other media outlets promoting pregame and yet pregame relies on each of the pros to keep up-to-date records. Isn't pregame collecting the money first, then disbursing it to the handicappers? Doesn't it all run through pregame? Is it so hard to keep these kinds of records? Doesn't every account on the planet use a double-entry system to catch errors?
I'm not out to make this a big federal case. I just thought it would be interesting to see at year's end just how the pros fared on their premium picks. I know how hard it is to handicap and I've posted several "Best Bets," of my own that have gone down in flames, so I'm certainly sympathetic to the cause. But since this is what pregame does and what pregame sells, and what pregame oversees, I think some in-house oversight and record-keeping might be a good thing.
I understand the transparency policy and I appreciate everything that pregame does, but regarding the transparency policy, pregame only makes transparent the things they want to be transparent. I'm sure there's a whole world of stuff we'll never know about. And that's okay. It's your business, you started it, put up the money, so do as you will. But this issue has been brought up before many times and will be questioned again in the future. Maybe it's time to come to the plate on this one.
This has been brought up, several times before. If Pregame is really in the business of making money, what good will offering a searchable database of long term records do for them? If we're going to lay it out there, let's look at the positives and negatives
POSITIVE
-Ground breaking
-Goodwill amongst the industry
-Recognition for those who deserve it
-Platform to give the buyer the best information to make a wise choice when buying
NEGATIVE
-Most pick buyers do not understand what an achievable long term record is. Someone hitting 55% over 5 years is not significant to someone ignorant to sports betting
-People will begin to see that some people selling plays are not long term winners
then the ripple effect begins.....
-Some pro's become unhappy with management because they are forced to show longs term records and either customers don't understand a good long term record, or they've been outed as a losing player
-Those unhappy pros leave, Pregame makes less money
-Other touts don't want to join because they don't want their long term record easily displayed
-Pregame is forced to find people who are both long term winners, and are willing to have their long term records displayed. Easier said than done.
Compare the two and judge for yourself whether it will have a negative or positive impact on Pregame's bottom line