this post was submitted on 22 Oct 2023
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I heard about this years ago but with stock picking and sending letters through the mail.
I'm sure it's illegal AF. But feel free to try it out and let us know.
If you're interested in that, here's a whole list of confidence tricks: https://en.wikipedia.org/wiki/List_of_confidence_tricks
It's specifically the Psychic Sports Picks Trick. And the answer is that it would be illegal at the point OP actually asks for money at the end.
What OP is suggesting is actually in that Wikipedia article. Apparently it's called "Baltimore Stockbroker / Psychic Sports Picks".
Thanks for finding it.