The Power Of Industry Rumors

BillDozer · Oct 15, 2003

Its unfortunate that rumors have to be considered in this game but truth is they do. One cannot wait for facts as it will always be too late. It is also true that rumors can be completely false and turn into truth. You can really start an evacuation of a village by yelling fire weather there is one or not.

What I really hate about this shit is people making their arguments based on whos mouth it came out of. People say something and then it is discredited or credited by the integrity level of the voice. Why isnt this industry controlled by actions?

Why is it that when a book rebounds from being for sale or taken over that the assurances we getting are from industry voices that say "ok we are good to go here" or "stay away".

No one wants us to listen to negative rumors yet no concrete numbers on paper tell otherwise.

I persoanlly am sick of this, He said she said attitude I'm expecting to base my bankroll on. Im sick of all the insiders saying "trust me" with a wink icon. next to it. All I need is for one shop to go under or slow pay me for 6 mos and my profits (or whats left after my losses) are gone. 200,000 hours wasted.

Its unfortunate that people have to yell fire when they smell smoke even when it may be a cigar being lit up vs the house on fire but it has to be done.

I Personally take all the information and make my decision based on overall risk but also consider recent actions and happenings and find it insulting when people get mad at your for questioning allegations.

Its my money and I will question everything until one of 3 things happen. The industry gets regulated, industry insiders will divulge their sources (defending or accusing) or books start showing financial records to the pulic. Nobody should be shooting down a legitimate concern without a fact for or against. There is too much "trust me" BS. This isnt directed to any site in particular or any person but its just what ticks me off. Its like insider trading. When a big wig knows something negative he can empty his stocks and causee an avalanche or he can build up a company by investing into shit then pulling out.

So yeah we kinda have the guilty till proven innocent thing going here. But as I said we have to look at actions..

There are some books coming off hard times or starting to do things uncharacteristic of a respectful operation. Now we are supposed to go by hear say.

SrMuny · Oct 15, 2003

Most of it stems from GREED..........Both SIDES GUILTY of this................

Its all about the QUID................

TheGeneral+ · Oct 15, 2003

Good post BillDozer. Your concern is a valid one. Well put and thanks.

Sodium Pentethol V · Oct 15, 2003

Good point,

want to go nudge Joey C,

and ask him WTF it is that two CR books were in trouble immediately preceeding football season?

Huh, loanshark to the stars? A little cyber extortion while they are flush with FB deposits?

So many nickel rocket four flushers that are involved with this industry, no matter how many billions of dollars in handle comes in,

it will never change the fact that until the nickel rockets are gone, the industry will never appeal to main st or more importantly wall st or the foreign equivalents, there's a reason they are all penny stocks.

Chadster · Oct 15, 2003

this is a copy paste thread just in case this thread dissolves into thin air.

Chadster · Oct 15, 2003

Don't sugar coat it tell us how you really feel. Enquiring minds and jackoffs that know nothing want to know.

TheGeneral+ · Oct 15, 2003

LOL Jay.

BillDozer · Oct 15, 2003

Why don't the books show us? open up their bank statements.

Chadster · Oct 15, 2003

<BLOCKQUOTE class="ip-ubbcode-quote">quote:<HR>Originally posted by BillDozer:
Why don't the books show us? open up their bank statements.<HR></BLOCKQUOTE>

what a dumm ass comment

TTinCO · Oct 15, 2003

Well said Bill.

In the end, you have to base your decisions on multiple sources, and also try to know what relationship any source(site) does or doesn't have with each book.

I often wonder if Russ & Ken are more concerned with pissing on each others' feet than they are about actually getting the truth out.....and that's a sad statement.

Chadster · Oct 15, 2003

<BLOCKQUOTE class="ip-ubbcode-quote">quote:<HR>Originally posted by TTinCO:
Well said Bill.

In the end, you have to base your decisions on multiple sources, and also try to know what relationship any source(site) does or doesn't have with each book.

I often wonder if Russ & Ken are more concerned with pissing on each others' feet than they are about actually getting the truth out.....and that's a sad statement.<HR></BLOCKQUOTE>

I'll drink to that

BillDozer · Oct 15, 2003

Leno,
Every book with a stock price shows us something. Its not that dumb. Bodog made their accounting available at one time. We could all see starnet fizzle if we looked.

Btw, P refer conan obrien. Leno is washed up

Chadster · Oct 15, 2003

the thing is they could show us whatever the hell they wanted and 9 out of 10 people wouldn't know the difference.

BillDozer · Oct 15, 2003

well im number 10 so kiss my ass

TEASERGURU · Oct 15, 2003

I think that if you stick with books that have done you right in the past, have always paid quickly, and are always accessible, you will be ok. Keep low balances, and talk to your friends. Ask them where they feel very comfortable. Certainly dig deeper than the forums, and you will be ok.

PatrickMcIrish · Oct 15, 2003

Bill - good post. The fact all of us have found these sites puts us miles ahead of most but there is still potential for trouble. I've been burned before playing off-shore books and I tried to be careful as hell. I would think these days stick to books with a track record and places you feel comfortable with. Even then keep your ears to the ground and don't leave yourself overexposed. In some cases even people with the best of intentions can lead you astray. We are dealing with an industry that survives by keeping their heads down and playing their cards close to the vest. Tough to find out information from most if they don't want you to know something.

TTinCO · Oct 15, 2003

"Tough to find out information from most if they don't want you to know something."

Well said Pat. Face it-If a book is in trouble, Ken or Russ are probably the last two people on the planet that they want to know.

Everyone has their sources, but for the most part it's a guessing game-and that's before you factor in rest of the BS.

Stick with the cream of the crop.

PatrickMcIrish · Oct 16, 2003

>>>Face it-If a book is in trouble, Ken or Russ are probably the last two people on the planet that they want to know.<<<

No truer words have ever been spoken. However that does not mean the sites are without merit. Where can you go and get thousands upon thousands of gamblers in any one area. All who play and have contact with these boooks and a forum in order to be heard. The best place for information in the world for off-shore gambling is on these sites, no question about it.

The trick is weeding through the shills, agendas, hatred and revenge motivated people who also frequent these places. It can be done but it is no easy task.

TheGeneral+ · Oct 16, 2003

Time will tell the story. I guess That Rio will be fine. Worst case scenerio would be that the accounts would be picked up by another investor. Who cares if it would be Rio or betmeallday.com

As long as the players do not get ripped we will be ok.

[This message was edited by The General on October 16, 2003 at 02:03 PM.]