1. #1
    armani725
    armani725's Avatar Become A Pro!
    Join Date: 01-03-15
    Posts: 2
    Betpoints: 12

    Betting websites question

    Hello!

    I recently registered at SBR. This is a very knowledgeable website, thank you for your info and help! However I have couple questions

    Q1. I just registered on one of the betting websites. According to SBR ratings that website has A+ rating.

    I red the rules and found one interesting detail, in order to get a payout from that website I have to provide them a copy of my CC card (it's OK), copy of my utility bill (kinda OK) and gov id or passport.
    Why they ask for those (bill and ID), and how secure it is, especially if the website located overseas (Costa Rica or EU)?
    Even Paypal or Ebay, Amazon don't ask for that!!!

    What do you suggest to do?
    I don't want to provide my personal info like that. You never know how they can use it else.

    Why none of the sportbook websites don't accept paypal for deposit or withdraw transactions?!

    Q2. One of the SBR members wrote "no matter how many times i try to tell peeps that anything at 55% or higher is world class".

    What is my winning percentage should be in order to have some profit?
    If great handicapper has around 55%!?
    And I also have to pay 10% juice, 3-4% when I deposit money with my CC, potential fee's when I withdraw.

    How the chasing bet, or double up next bet if I lost the first one works in gambling?
    I recall I used that system playing occasionally in casino's (roulette or black jack. I never won anything big, but at least I always left the casinos with some winning money. (Though I never had streak of 4 losses in the row).


    Thank you for your help!

  2. #2
    Buffalo Nickle
    Buffalo Nickle's Avatar Become A Pro!
    Join Date: 11-12-14
    Posts: 3,228
    Betpoints: 878

    You do have to provide all that documentation if you use your CC plus pay fees as you noted. The sportsbooks deal with a lot of scammers so they have to verify things for their and your own protection. You can avoid that by sending them cash via P2P. Saves a lot of trouble.

    Paypal is not an option because of govt crackdown on gambling.

    In order to win, you will need to win more than 52.4% of your bets. Not easy to do over the long term. 55% is awesome.

    Chasing and doubling up is a road to ruin. Best strategy is to assume you are a coinflipper and bet 1% of your gambling money per game and hope the Gambling Gods are nice to you and you come out ahead.

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