eric dixon said:
Niches---Probably not. Competition is damn fierce, and a lot of people within the industry are saying that the glory days are in the past. There is a good thread in Bookie chit chat about trying to start from scratch right now.
Information---I think it's a 2 way street, and in the end-the books should always have the best info (but that doesn't mean that there aren't opportunities to be found)
Govt---I highly doubt it. They may make it tougher for the US players to access the books, but even that is a long ways from being a definite. Also, the US player market is a tiny piece of the action when you consider Europe & Asia.
I also agree that there will most likely be more consolidation in the next few years than there has in the last few.
Thats my 2 minute answer
IMHO i think that the offshore is headed in the direction of about 10 Major Shops year round, and many others dureing football season.
The offshore industry will Always be there, but as competive as its always been, i rather doubt that.
The Papertrail for the USA players is probably the Worst thing that goes on at present time. Someday Everyone that is envloved in those papertrails will have to answer for it.
The offshore industry will Always be there, but as competive as its always been, i rather doubt that.
The Papertrail for the USA players is probably the Worst thing that goes on at present time. Someday Everyone that is envloved in those papertrails will have to answer for it.
I'm predicting for the US the entry will be some racetrack or parimutuel hub and/or Canadian casino(likely a sovereign Indian one) somehow legally utilizing Betfair for an event-- this then mushrooms to other Canadian casinos and Delaware or AC or LV in that order of likelihood...
If Betfair was shrewd, they'd get into the Fantasy Leagues & try to hook some league/organization/publication to officially manage it for.
If Betfair was shrewd, they'd get into the Fantasy Leagues & try to hook some league/organization/publication to officially manage it for.
The offshores are going the way of the exchanges. What you will have soon is a consolidation of exchanges and sportsbooks combined. Thus essentially creating exchanges within exchanges offering the best of both worlds. For the even half astute bettor/trader it will be virtually impossible to lose. First group to jump out and do this will in an instant change how buisness/betting is done everywhere. They will dominate the market these hybrids.There will be about 3 or 4 in the end which will dramaticaly improve customer service, get rid of the bonus whore and keep the wise guys forever in check.
Information is irrelavent from a sportsbooks point of view. Is the book better
today in controlling there client base than they were yesterday when they were using that information? THEY VERY WELL BETTER BE. The player is not getting better with the info. He/she is just sounding like they know what they are talking about with it better, thats all. Its the process of handicapping the info provides not the process that teaches one how to be a handicapper and win. BIG DIFFERENCE.
Gov't getting there hands on the loot? Well its one thing to bully Antigua and other third world countries that dare to stand up to the US. That will not be the case in the UK. Thats where our money is headed for a decade or so till the US gets its head out its ass. Of course by that time Harrahs will own everything and it wont matter then.
Thats where the industry will be in 2010 with most of it place by foots 08.
Information is irrelavent from a sportsbooks point of view. Is the book better
today in controlling there client base than they were yesterday when they were using that information? THEY VERY WELL BETTER BE. The player is not getting better with the info. He/she is just sounding like they know what they are talking about with it better, thats all. Its the process of handicapping the info provides not the process that teaches one how to be a handicapper and win. BIG DIFFERENCE.
Gov't getting there hands on the loot? Well its one thing to bully Antigua and other third world countries that dare to stand up to the US. That will not be the case in the UK. Thats where our money is headed for a decade or so till the US gets its head out its ass. Of course by that time Harrahs will own everything and it wont matter then.
Thats where the industry will be in 2010 with most of it place by foots 08.
The offshore books probably will consolidate into mega-big sports books. Anyone who is not a big book, would be a shit book.
Internet sports betting could be driven underground in the USA. Meaning it will remain illegal, but maybe route bets thru proxy servers, ingenious ways of moving money betting funds back and forth between client and book, anything that makes it harder to get caught. The BOS saga has proved anyone operating out of Costa Rica is under risk from US prosecutors. You want a better address for your own book.
Exchanges should continue to growth, prehaps dominate. From a sports book point of view, it would makes sense for the market to define the risk of a game instaneously, than for yourself to hang lines and massage the numbers on a real time regular basis.
Legalization of sporting betting in the USA, from my view as a foreigner myself a Canadian, is I think a 2% to 5% chance within the next 25 years. Out of all the western countries, religious conservatives are taken seriously only in America. No other country in the west even takes the religious conservative seriously. The Republican party is against it, and the professional sports leagues are against it. The only way I see it happening is Las Vegas leads the charge or some Indian band mounts a successful court challenge. No one is gonna listen to the degenrate over the economic pros & cons of legalized sports betting.
The degenerate, being a gambler, will always be optimistic about his bets, and by nature, the future of the off-shore betting industry. I think during this BOS saga, people are looking at it with rose coloured glasses. This BOS is a complete disaster. No book is safe from US DOJ if you have American clients. The industry is not on solid ground, at least in America, the US DOJ actions prove that. As for the rest of the world, it probably will be business as usual.
Only my opinions of a foreign degenerate who likes to bet a little on NFL.
Internet sports betting could be driven underground in the USA. Meaning it will remain illegal, but maybe route bets thru proxy servers, ingenious ways of moving money betting funds back and forth between client and book, anything that makes it harder to get caught. The BOS saga has proved anyone operating out of Costa Rica is under risk from US prosecutors. You want a better address for your own book.
Exchanges should continue to growth, prehaps dominate. From a sports book point of view, it would makes sense for the market to define the risk of a game instaneously, than for yourself to hang lines and massage the numbers on a real time regular basis.
Legalization of sporting betting in the USA, from my view as a foreigner myself a Canadian, is I think a 2% to 5% chance within the next 25 years. Out of all the western countries, religious conservatives are taken seriously only in America. No other country in the west even takes the religious conservative seriously. The Republican party is against it, and the professional sports leagues are against it. The only way I see it happening is Las Vegas leads the charge or some Indian band mounts a successful court challenge. No one is gonna listen to the degenrate over the economic pros & cons of legalized sports betting.
The degenerate, being a gambler, will always be optimistic about his bets, and by nature, the future of the off-shore betting industry. I think during this BOS saga, people are looking at it with rose coloured glasses. This BOS is a complete disaster. No book is safe from US DOJ if you have American clients. The industry is not on solid ground, at least in America, the US DOJ actions prove that. As for the rest of the world, it probably will be business as usual.
Only my opinions of a foreign degenerate who likes to bet a little on NFL.
