Quote:
Originally Posted by kyleb
So you did engage in front-running for a six week period? Just making sure that everyone knows this. This isn't exactly something you hand-wave away and say "Oh, mistakes were made." You cheated your customers, straight up. Period.
This has been rehashed and discussed at length from both sides already.
Here is my side if you did not want to read through the thread again:
For about six weeks at the start of the 2008 CBB season, we made mistakes and worked with untrustworthy people to the extent that some people who should not have knew some of the total plays before they were released to clients.
Nothing similar to this had ever happened before or since, and will not happen again.
As I have explained previously, the service could not have nearly as talented people working for it, nearly the same play quality or volume, or provide nearly as much +EV to clients, if the people involved did not have the freedom to earn from placing wagers. It just would not make business sense otherwise. With that said, considerable measures are taken to ensure that any bets made are done so discreetly and quietly so that they have minimal to zero impact on the service.
It is extremely misguided to think that originators involved in a handicapping service that produces comparable long term win rates as we have would NOT be betting on their plays in some capacity.
The two prevailing viewpoints from this situation are:
1. We cheated our customers and are sleaze/slime ball scammers, despite the fact that the service has performed well beyond any reasonable expectation before, during, and after the above incident.
or
2. We originate high +EV plays that are worth betting, and regardless to what is speculated otherwise before release, the plays have always maintained an extremely high +EV when released to clients, resulting in solid ROI given past and current the subscription rates.
Clearly if you wish to read more from both sides, there is plenty in the previous 9 pages.