Do people prefer Credit over Postup accounts and if so why....

[Dante]

I know the benefits of credit is if the book went down you are on credit so you wouldn't pay or be payed ...but IMO why would you want to have credit at a book that is not A rated??


I would rather post up at that A rated book and not have to "worry" if I lost that I need to now come up with the money to pay the settlement figure she there is chance any book can go down but an A rated book like Pinny, for example, is highly unlikely to ever go up ...thats just me but id like to hear other comments on credit


thanks

 

[billcollector]

I've never had one, but I've read where some guys like the credit because normally they have larger limits for certains games..I'm just curious on peoples thoughts on em as well

 

[wilheim]

Credit players need to be more concerned with their agent than the book or call center where they place bets. Many a credit player has had agent problems even while playing at the best books. Only a small percent of credit players are "personals" at books, almost all are on agent sheets, if the agent goes bad then the credit player has problems. The shoe fits on the other foot also, if a credit player on a sheet goes bad it is up to the agent to make good any debt owed by the player. Credit business is very different than post-up business. Post-up players are almost all unknown personally to any book they post up at. Credit players are known (or vouched for by someone) by the agent.



wil.

 

[oldmantime]

cREDIT bY FAR AND AWAY.As long as there is an agreed upon figure to settle up. Or there is a set time to settle up regardless of figure.

But--for the little players like me--it won't happen

 

[BaseballGuy]

And what happens if you dont pay??

They come over and whip out the baseball bat?

 

[wilheim]

Baseball bats and leg breaking are a thing of the past. Agents have to be like loan officers and be able to evaluate a credit players ability to pay. Plenty of credit players get in over their heads and either work out payoff deals (and then resume play) or are cut-off permanately if they don't pay. No one is going to blindly give anyone a credit account over the internet without knowing who they are dealing with. If someone offers you a credit account, sight unseen so to speak, don't hold your breath waiting to get paid if you win. Getting credit is just like borrowing money, no one will lend it to you unless they know you can pay it back.


wil...