GA's record almost looked fake, if it weren't for Ken posting that I might not have believed it. I am sure many books are down for the year, but if anyone is running as bad as GA did for so many months of different sports then it is time to look in the mirror to see who is the problem there.
I think the reality here is just typical for almost any industry. Most of the money and the liquidity are at the solid, big books and the little guys can't do anything but get bonus whores and sharps that will only pick on their weak numbers. I can't believe anyone would even want to run a book right now that wasn't near the top of the respected list. And if stuff like this keeps happening it is only going to get worse. Then again those of us that try to only patronize the best books probably don't mind them getting more customers.
I think the reality here is just typical for almost any industry. Most of the money and the liquidity are at the solid, big books and the little guys can't do anything but get bonus whores and sharps that will only pick on their weak numbers. I can't believe anyone would even want to run a book right now that wasn't near the top of the respected list. And if stuff like this keeps happening it is only going to get worse. Then again those of us that try to only patronize the best books probably don't mind them getting more customers.
Yes, books have certainly not had a football season as they would have wished for. That coupled with the day-to-day expenses of running a book is causing a strain on many books which is quite obvious. However, those that weather this storm, will be reaping huge benefits in the near future.
You're right Seymour, as it has been too easy this year for the players. Anyone who is betting this year and didn't make money up until early November should quit or jump off a tall building. If you are playing offshore, I would make sure it was at a big house with a reputation for deep pockets - Oly, Grande, Cris, etc. Otherwise, be very careful, especially if you are at one of those small joints offering large bonuses. Another reason to play with the big boys is that square money has been winning a lot this year, and the big boys have a better mix of players. Some wiseguys may have actually been losing.
This may all sound like common sense, but if it is, why are people playing at those half-assed books?
This may all sound like common sense, but if it is, why are people playing at those half-assed books?
In addition to all the sexy teams winning in the NFL I think the people running these books are just hustlers/street level people and have no clue how to run a real business - i.e., Blue Marlin is in business for 8 years and they can't come up with 500k? Something is wrong. What happened to all the winnings?
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Seymour:
In addition to all the sexy teams winning in the NFL I think the people running these books are just hustlers/street level people and have no clue how to run a real business - i.e., Blue Marlin and is in business for 8 years and they can't come up with 500k? Something is wrong. What happened to all the winnings?<HR></BLOCKQUOTE>
You bring up a very good point. I wish I could tell you the answer.
In addition to all the sexy teams winning in the NFL I think the people running these books are just hustlers/street level people and have no clue how to run a real business - i.e., Blue Marlin and is in business for 8 years and they can't come up with 500k? Something is wrong. What happened to all the winnings?<HR></BLOCKQUOTE>
You bring up a very good point. I wish I could tell you the answer.
While I don't think it's been a banner profit year for the books, it's certainly not been a loser!
Maybe the average win is down 40% from last years banner year.
Stay with books that have been paying the public for at least 4 - 5 years, don't spend 100's of thousands of $$ on advertising, and you should be ok.
Avoid the others like a plague !!.
Maybe the average win is down 40% from last years banner year.
Stay with books that have been paying the public for at least 4 - 5 years, don't spend 100's of thousands of $$ on advertising, and you should be ok.
Avoid the others like a plague !!.
Books getting hammered this season is a BS excuse. I'm tired of hearing books are getting hammered. If you can't book right, get out early and minimize the loss for yourselves and your players. Many of these books are just gambling themselves when they stay open (still taking deposuts) in the red.
"You're right Seymour, as it has been too easy this year for the players. Anyone who is betting this year and didn't make money up until early November should quit or jump off a tall building. "
Anybody have any keys to the roof of a tall building in Richmond VA?
Did you ever think that some gamblers actually try to bet with the books not against them?
Anybody have any keys to the roof of a tall building in Richmond VA?
Did you ever think that some gamblers actually try to bet with the books not against them?
