The Wire Con cover

Classic Schemes · 1900s – immortalized in 'The Sting'

The Wire Con

A fake betting parlor with rigged race results lets the mark 'win' a few times — until one enormous bet on the wrong horse takes everything.

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Warning Signs

  • Insider information no one else could possibly have.
  • Small early wins to build your trust.
  • Pressure to bet everything on a 'sure thing'.

Protect Yourself

  • There is no such thing as a guaranteed inside tip.
  • The bigger the 'sure thing', the bigger the con.
  • If you can't afford to lose it, don't put it down.

Read Deeper

The Big Con cover
Editor's Pick

The Big Con

David W. Maurer

The classic 1940 field study of American grifters — inspired The Sting.

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