Sports Betting Q&A
Frequently asked questions about sports betting
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What are sports betting touts?

A sports betting tout is an individual (handicapper) who sells picks often in exchange for an up-front payment. Touts either sell picks by themselves or are part of a service, which is composed of numerous touts, selling different kinds of packages.

How does it work?

The most common way touts make money is by selling a package of picks for a certain amount of time, often a full season or over the course of the playoffs or a tournament. Each tout works differently in that they'll charge a one-time fee for a set of picks or they'll charge on a per-pick basis. From there, some touts also charge a winning percentage, which is a tad more fishy, as you'll have to pay the original fee and another fee for a percentage of your winnings.

Sounds great, right?

While touts often promote huge winning percentages and guaranteed winners, most of them can't be trusted. The theory is that if you are a successful bettor, you don't have to sell your picks. That's why touts get a bad rap because in addition to hard-to-trust betting numbers, it's hard to verify the thousands of picks they say they've made in the past. Even then, some of them will give out different picks to different subscribers for the same contest.

Even if the tout gives out winners, it probably isn't worth it in the end unless you're a high-stakes gambler. Sports betting is already difficult in order to come out on the positive and hit roughly 52.4% of bets. Throw in the extra few dollars spent on a tout service and that percentage can rise to 55 or even higher, assuming you want to win something. If a tout advertises to give winners at more than a 70% clip, that's when you run. Hitting more than a 60% clip is a rarity and if that's the case, that bettor should be rich.

Other options

If you want to be a successful sports bettor, it's going to take more time than finding a random tout online and giving them money. Most successful sports bettors have a system of numbers they use in order to take bias out of the equation. You can find almost any piece of information you need for free online and that's usually the best place to start if you're serious about sports betting.

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More Questions To Read
Can you bet on sports with Venmo?
No, not legally. Most legal sportsbooks around the country won't allow you to make bets with Venmo.
Which states in US have legal sports betting?
As of 2020, there are 21 states (and Washington D.C.) that have legalized sports betting.
Can you bet on sports online?
Yes. But while betting on sports is legal in almost half the states in the country, not all of them allow online wagering.
When was sports betting legalized?
Sports betting was allowed to be legalized at a state level in 2018 after PASPA was struck down.
When will sports betting be legal in Indiana?
Sports betting in Indiana was legalized September 2019 and online gambling launched a few months later.
Is sports betting legal in Indiana?
Yes. Indiana passed a bill to allow sports betting in 2019 and wagering started in October with online betting opening a couple months later.
When will sports betting be legal in Michigan?
Michigan passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened March 2020.
Is sports betting legal in Michigan?
Yes. Michigan passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened in March 2020.
Is sports betting legal in Virginia?
Yes. Sports betting is legal in Virginia and residents began betting via FanDuel in January 2021.
When will sports betting be legal in Virginia?
Sports betting is legal in Virginia and residents began betting via FanDuel in January 2021.
When will sports betting be legal in South Dakota?
Sports betting is not legal in South Dakota, but residents passed a ballot initiative in the November 2020 election, which means it's on its way.
Is sports betting legal in South Dakota?
No. Sports betting is not legal in South Dakota, but residents passed a bill initiative in the 2020 election.
Is sports betting legal in North Carolina?
Yes. Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early 2021.
When will sports betting be legal in North Carolina?
Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early 2021.
When will sports betting be legal in Tennessee?
Yes. Tennessee sports betting was legalized in 2019 and launched in 2020.
Is sports betting legal in Tennessee?
Yes. Tennessee sports betting was legalized in 2019 and launched in 2020.
Is sports betting legal in Maryland?
No. Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November 2020 election.
When will sports betting be legal in Maryland?
No. Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November 2020 election.
Is sports betting legal in Louisiana?
No. Sports betting is illegal in Louisiana despite numerous attempts throughout the last couple years.
When will sports betting be legal in Louisiana?
Sports betting is illegal in Louisiana despite numerous attempts to legalize it the last couple years.
When will sports betting be legal in Iowa?
Iowa legalized sports betting in May 2019, becoming the 11th state to do so.
Is sports betting legal in Iowa?
Yes. Iowa legalized sports betting in 2019, becoming the 11th state to pass a bill.
When will sports betting be legal in Illinois?
Illinois passed sports betting legislature June 2019 and launched at physical sportsbooks March 2020, becoming the 15th state to offer wagering.
Is sports betting legal in Illinois?
Yes. Illinois passed sports betting legislature in 2019 and launched at physical sportsbooks in March 2020.
When will sports betting be legal in Colorado?
Colorado legalized in-person and mobile sports betting November 2019 after a bill was signed by the governor and then approved by voters.