Private Betting Clubs....What's the Deal?????

**Wrecktangle** · 04-23-09, 08:01 PM

you can't call us, we'll call you....

**rpbrownie** · 04-23-09, 08:35 PM

nice wink wink....no seriously have you heard of them bc I have been contacted and want to know what to expect

**Wrecktangle** · 04-23-09, 09:10 PM

...OK then, send us your money and we'll get it down for you...

our URL is: www.idrinkurmilkshake.com

**RickySteve** · 04-23-09, 09:19 PM

As in syndicates or credit agents or ...?

**rpbrownie** · 04-23-09, 10:07 PM

I have no idea what u mean Ricky sorry

It sounds like its a capper or team of cappers that manage peeps $ for a % of winnings

I do not claim to be a capper but someone who has just come across capping recently and its pretty interesting

I love sports always played them but limited knowledge betting them

**Peep** · 04-23-09, 11:35 PM

I would imagine you could deposit your own money in a book and hire a tout and have the same disadvantage as sending in your money to someone else who says they will bet it for you, and eliminate one more level of risk.

**Wrecktangle** · 04-23-09, 11:52 PM

OK, I'll quit messing with you...there are betting hedge funds. Basically, you need a sizable chunk (minimum is about $10K) and the typical split is you take 75% of winnings, and the fund takes 25% usually after expenses. As the funds provider, you absorb all losses. Here in the US you need to verify that the fund is betting legally as you can not only lose all your money but also go to jail for it to boot.

You don't want to do this. But if you really, really want to know more, PM me.

**rpbrownie** · 04-24-09, 08:23 AM

Wreck thanks I am actually receiving more info tomorrow, by Fedex, haha i will PM you when I know more.

Thanks Again

**JohnnyB1983** · 04-24-09, 10:13 PM

Originally posted by rpbrownie

It sounds like its a capper or team of cappers that manage peeps $ for a % of winnings

I like how they call it a "Private Betting Club" to make it sound exclusive and elite, to make their clients feel like bigshots for being "allowed" to join.

In any event, DO NOT DO THIS.

**rpbrownie** · 04-25-09, 07:55 AM

Everyone thanks for ur insight, i am skeptical and new to this all so that is way I am glad I found this forum to bounce questions

GL today!!!

**ijustwant2bpaid** · 05-04-09, 03:15 AM

Private robbing clubs- craigslist cashiers check fraud with a betting twist to leave it on the hush, good thinking, I really need to frequent this place more often...