[Sawyer]

Originally posted on 07/23/2013:

Clarify please????????????

Euro books are flourishing..they know how to run a book and keep it very afloat

Not really. They're very bad at this actually. First of all, they're too slow. Too slow to change lines/update odds. Stakes? They're not confident with their lines/odds so limits are low. Limit Problem? They limit you quick if you're a winning player.

The only good thing about european bookmakers is bet variety. Sure, unlike Pinnacle; there's lots of options there..but that's all. Actually, they're super-precious since they're too slow to change/update lines/odds but the other side of the medallion is..they limit you quick and say good bye if you're a sharp player..

European style bookmakers make profits from the European market, because unluckily for them, they failed to integrate is the far east, where the big money and the big volume is. European bookmakers tried for several years to invade in China and neighboring countries. This effort started around 2000, and finished in 2007.


Then, European Bookmakers decided to focus again in the European market, and that is why you see 20-30 bookmakers being advertised in T-Shirts of big football clubs, eg, Milan, Real Madrid, etc. Unfortunately for them, the financial crisis struck the UK at the early stages of it 07-09 and then countries of Southern Europe, starting from Greece, then Portugal, Italy, Spain.
Again, unluckily for European bookies, the biggest percentage of their volumes comes from the above mentioned countries. As a result, the volumes coming from these countries became less and less.


Now, who are the players that reduced volumes? They are square bettors. People that bet 10-20 euros sitting in front of the TV eating pizza and drinking beer.


And who are the players that didn't reduce volumes? They are arbers, traders, value bet hunters, sharp bettors and bonus abusers.


As a result, European books were bleeding and they couldn't afford having all these good guys in their client's list. Just because, all the small square players were vanished.


It was common logic that European books should protect them selves from this kind of action, so they became very hostile against big players.


-Accounts limited after 3rd bet.
-Bigger margins appeared.
-Many cases of payment refusal or slow payments especially from small and medium size bookmakers.


What happens when a ''wise'' guy finds his accounts limited from the very beginning? How could he maintain the height of his profits? The answer was very simple. Multiple ids, multiple accounts.


Again, that triggered an even harsher reaction from European books because they were bleeding to death. You can't bet more than 100 euros with an European bookie without facing checks and double checks. Bonuses are now very limited. Remember the 1000 euros bonus of Mansion? Those days are long gone!