Dante,
Do you feel "In General" Books that are based out of the UK are safer then CR or other country books
What a dumb question is this!
Sorry for being so direct!
I will tell you what I consider safe:
I have this friend that often asks me to put a bet on for him. We agreed some time ago a settle figure. He just lost a bit too much and wanted to have another bet. He phoned me and his first words were:"I just transferred you already (on-line banking) xx,xxx. I still need to pay you xx,xxx. I will do that this Monday. Could you please put another bet on xxx for me?". This is what I call safe! Some books in the Caribbean (have to) work the same way (24 hour Neteller), if you win as a client and want your money, otherwise nobody will play with them. In England they will simply say:"Please, wait till after the weekend". Has it ever happened that someone complained about that?
Do you feel "In General" Books that are based out of the UK are safer then CR or other country books
What a dumb question is this!
Sorry for being so direct!
I will tell you what I consider safe:
I have this friend that often asks me to put a bet on for him. We agreed some time ago a settle figure. He just lost a bit too much and wanted to have another bet. He phoned me and his first words were:"I just transferred you already (on-line banking) xx,xxx. I still need to pay you xx,xxx. I will do that this Monday. Could you please put another bet on xxx for me?". This is what I call safe! Some books in the Caribbean (have to) work the same way (24 hour Neteller), if you win as a client and want your money, otherwise nobody will play with them. In England they will simply say:"Please, wait till after the weekend". Has it ever happened that someone complained about that?
Here is an interesting fact:
England & Aus = Safest but heavy risk control with low limits and swift boots
Curacao = Safe with moderate risk control(except Pinnacle)
Costa Rica = Dangerous, some solid clearing houses like CRIS, Holly, ect but otherwise take your best shot and hope you get paid
England & Aus = Safest but heavy risk control with low limits and swift boots
Curacao = Safe with moderate risk control(except Pinnacle)
Costa Rica = Dangerous, some solid clearing houses like CRIS, Holly, ect but otherwise take your best shot and hope you get paid
Unquestionably yes.
Many books in the unregulated Costa Rica start up underfunded and book business only through a website to a sharp crowd offering bonus incentives and reduced juice wagering to further eat into any profits.
Contrast this to the UK where in many cases the books have literally thousands of shops throughout the country. They are major brand names and are considered secure legitimate businesses alongside their high street neighbours.
They offer lines with 15% vig and have tens of thousands of squares coming into the shops and betting into those lines virtually unaware of the concept of line shopping.
As a special bonus for the books once every four years the entire country (whipped up by the media) backs England to win the soccer world cup. Of course they never do and the bookies reap the rewards.
Many books in the unregulated Costa Rica start up underfunded and book business only through a website to a sharp crowd offering bonus incentives and reduced juice wagering to further eat into any profits.
Contrast this to the UK where in many cases the books have literally thousands of shops throughout the country. They are major brand names and are considered secure legitimate businesses alongside their high street neighbours.
They offer lines with 15% vig and have tens of thousands of squares coming into the shops and betting into those lines virtually unaware of the concept of line shopping.
As a special bonus for the books once every four years the entire country (whipped up by the media) backs England to win the soccer world cup. Of course they never do and the bookies reap the rewards.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by acw:
Dante,
_Do you feel "In General" Books that are based out of the UK are safer then CR or other country books_
What a dumb question is this!
Sorry for being so direct!
I will tell you what I consider safe:
I have this friend that often asks me to put a bet on for him. We agreed some time ago a settle figure. He just lost a bit too much and wanted to have another bet. He phoned me and his first words were:"I just transferred you already (on-line banking) xx,xxx. I still need to pay you xx,xxx. I will do that this Monday. Could you please put another bet on xxx for me?". This is what I call safe! Some books in the Caribbean _(have to)_ work the same way (24 hour Neteller), if you win as a client and want your money, otherwise nobody will play with them. In England they will simply say:"Please, wait till after the weekend". Has it ever happened that someone complained about that?<HR></BLOCKQUOTE>
sorry ACW...I do not think any question is dumb...but your entitled to your opinion
Dante,
_Do you feel "In General" Books that are based out of the UK are safer then CR or other country books_
What a dumb question is this!
Sorry for being so direct!
I will tell you what I consider safe:
I have this friend that often asks me to put a bet on for him. We agreed some time ago a settle figure. He just lost a bit too much and wanted to have another bet. He phoned me and his first words were:"I just transferred you already (on-line banking) xx,xxx. I still need to pay you xx,xxx. I will do that this Monday. Could you please put another bet on xxx for me?". This is what I call safe! Some books in the Caribbean _(have to)_ work the same way (24 hour Neteller), if you win as a client and want your money, otherwise nobody will play with them. In England they will simply say:"Please, wait till after the weekend". Has it ever happened that someone complained about that?<HR></BLOCKQUOTE>
sorry ACW...I do not think any question is dumb...but your entitled to your opinion
As a percentage of the total number of boks less go under in the UK but that is simply a function of the fact that the industry there has been regulated for longer. The risk remains largely the same for underfunded books and I have actually been knocked for more money in the UK than anywhere else. Ladbrokes, Hills etc are undoubtedly some of the safest books in the world but Carib books such as CRIS, Pinnacle etc are very, very safe. The risks lie with the smaller and newer books everywhere in the world.
Costa Rica gets a bad rap when people(like that azz buzzsaw
) throws a blanket statement on the entire country.
Where would you feel safer today having your life savings, CRIS or Royal?
I still think the business models and risk control are far better in the 1st world countries. But I love playing at Hollywood and I don't care if they are on Mars.
Where would you feel safer today having your life savings, CRIS or Royal?
I still think the business models and risk control are far better in the 1st world countries. But I love playing at Hollywood and I don't care if they are on Mars.
There are certain groups of squares in certain forums that won't touch a Hollywood because of the preferred country list on SBR.
IMO...
Costa Rica, being the easiest place (or used to be) to errect a sports book skews the %s.
Its like saying that if 90% of hot dog stands fail in my town then it has a high restaurant failure rate.
If players can't tell the difference between Angilino's and Dick's Weiners then yes...
staying away from CR is a good general rule.
IMO...
Costa Rica, being the easiest place (or used to be) to errect a sports book skews the %s.
Its like saying that if 90% of hot dog stands fail in my town then it has a high restaurant failure rate.
If players can't tell the difference between Angilino's and Dick's Weiners then yes...
staying away from CR is a good general rule.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> England & Aus = Safest but heavy risk control with low limits and swift boots <HR></BLOCKQUOTE>
Let's straighten some things out here.
(a) Safety - The regulation of the UK gaming sector is nowhere near as stringent as that of Australia. A number of English books have recently gone down in flames, and punters have been left "holding the bag". Not one Australian book has fallen down in recent memory. The closest was the Sportsbet fiasco, but they appear to be going strongly and their parent company is now the owner of WWTS.
(b) Limits - English books are infamous for low limits. However, Australian books have some of the highest limits on the face of the planet. Centrebet take bets of over 100 dimes on a weekly basis. Sportingbet Australia last year took a bit of 200 dimes on Australian football. SportsTAB recently took a 25 dime parlay on Australian Open/Super Bowl winner that pays out in excess of 250 dimes.
Please do not confuse the two jurisdictions in terms of safety or betting limits!
Let's straighten some things out here.
(a) Safety - The regulation of the UK gaming sector is nowhere near as stringent as that of Australia. A number of English books have recently gone down in flames, and punters have been left "holding the bag". Not one Australian book has fallen down in recent memory. The closest was the Sportsbet fiasco, but they appear to be going strongly and their parent company is now the owner of WWTS.
(b) Limits - English books are infamous for low limits. However, Australian books have some of the highest limits on the face of the planet. Centrebet take bets of over 100 dimes on a weekly basis. Sportingbet Australia last year took a bit of 200 dimes on Australian football. SportsTAB recently took a 25 dime parlay on Australian Open/Super Bowl winner that pays out in excess of 250 dimes.
Please do not confuse the two jurisdictions in terms of safety or betting limits!
here's a list of books that went under in the last 2 years -
netbetsports,com
firststalk.com (tookover by sportingbet.com
burnsbookmakers.com
randombets.com
multisports (punters got their money back)
betabet (tookover by nasa)
their are about 6 others from the uk I can't think of the top of my head.
3 from Ireland
luvbet
bannabet
hackettbet.com - punters got their money back.
It's not the area the book is located it's the guys who are running it that will dictate whether it stays open or not.
netbetsports,com
firststalk.com (tookover by sportingbet.com
burnsbookmakers.com
randombets.com
multisports (punters got their money back)
betabet (tookover by nasa)
their are about 6 others from the uk I can't think of the top of my head.
3 from Ireland
luvbet
bannabet
hackettbet.com - punters got their money back.
It's not the area the book is located it's the guys who are running it that will dictate whether it stays open or not.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by miamiman:
It's not the area the book is located it's the guys who are running it that will dictate whether it stays open or not.<HR></BLOCKQUOTE>
Yeap,but if a goverment demands escrow accounts things are much more simple,you don't have to worry about anything
It's not the area the book is located it's the guys who are running it that will dictate whether it stays open or not.<HR></BLOCKQUOTE>
Yeap,but if a goverment demands escrow accounts things are much more simple,you don't have to worry about anything
