Re: CAW and Billy Walters (199 Views)
Posted by: Roman (IP Logged)
Date: November 10, 2025 10:14PM
Does anyone believe that the "Joker" didn't tip his hand in court in that article? He states that he takes all the liquidity out of the pool and makes it so efficient, that even if he loses 5% , assuming they lose all the time, he is guaranteed 5% return on his handle from rebates.
Churning a billion dollars through the totes, assuming no winnings, leaves you with 50 million guaranteed.
So is this all the CAW'S players M.O.? Is one player just playing for rebates, or is someone trying actually to win like a Bill Benter?
Churning a billion dollars through the totes, assuming no winnings, leaves you with 50 million guaranteed.
So is this all the CAW'S players M.O.? Is one player just playing for rebates, or is someone trying actually to win like a Bill Benter?
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