how much money is needed to run a sportsbook?

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  • bubba
    SBR MVP
    • 09-29-05
    • 2432

    #1
    how much money is needed to run a sportsbook?
    lets say i could get an online sports book backed (by backed i basically mean to use the name but to be outsourced largely) by a major casino in atlantic city. How much would be needed to take bets in new jersey? how much would be needed for the brick and mortar set up? Just curious. 10 million? 100 million? I have 0 clue.

    thank you
  • chisox35
    SBR Hustler
    • 07-16-11
    • 88

    #2
    Comment
    • vorsybl
      SBR Rookie
      • 04-17-12
      • 47

      #3
      Comment
      • arabbeast13
        SBR High Roller
        • 05-20-11
        • 114

        #4
        ask donald trump he has all answers
        Comment
        • DimSum
          SBR Sharp
          • 10-27-12
          • 358

          #5
          How much money to run a massage parlor in costa rica??
          Comment
          • Monte
            SBR MVP
            • 08-21-10
            • 2056

            #6
            100m? If i had that much, i wouldn't bother running a book
            Comment
            • chachi
              SBR MVP
              • 02-16-07
              • 4571

              #7
              if you juice the lines to -160 / -160 then zero

              Comment
              • billysink
                Restricted User
                • 03-29-09
                • 5172

                #8
                Considering the amount of clueless folk out there who toss their money at this day in and out without any thought process whatsoever.

                About $0.76 for bank and enough to build one of these.



                You are not gonna be able to serve beer at this joint though. Never stays cold.

                Grab a couple jars of 20. You will do well.

                Make sure its near a Mikky D's or a Dunkin. Gotta have pissers somewhere. Also clever if it is near a pawn. Fukkers can watch the games in the window.
                Comment
                • Spedizzo
                  SBR MVP
                  • 12-16-11
                  • 1557

                  #9
                  If you got most of the SBR community you really wouldn't need shit
                  Comment
                  • Duff85
                    SBR MVP
                    • 06-15-10
                    • 2920

                    #10
                    Online sportsbook using a Brick and Mortar name?

                    Calvin Ayre (Bodog founder) recently suggested in an article that it would take around $20 million to do a proper start up for an online book. He also suggested that a potential scambook had a budget of around $1 million I believe.
                    Comment
                    • JayLA
                      SBR Hall of Famer
                      • 09-11-12
                      • 7806

                      #11
                      Originally posted by billysink
                      Considering the amount of clueless folk out there who toss their money at this day in and out without any thought process whatsoever.

                      About $0.76 for bank and enough to build one of these.



                      You are not gonna be able to serve beer at this joint though. Never stays cold.

                      Grab a couple jars of 20. You will do well.

                      Make sure its near a Mikky D's or a Dunkin. Gotta have pissers somewhere. Also clever if it is near a pawn. Fukkers can watch the games in the window.
                      This is hilarious, thanks.

                      Good laugh to start the morning.

                      OP: take bets from your friends first...build clientele
                      Comment
                      • sando
                        SBR MVP
                        • 04-30-12
                        • 3723

                        #12
                        A notepad and a few pencils should do the job for the first six months. Just write shitloads of I.O.U's and/or demand 6 months notice on all cash outs.
                        Comment
                        • darkhat
                          SBR Hall of Famer
                          • 08-18-10
                          • 5722

                          #13
                          Comment
                          • daneblazer
                            BARRELED IN @ SBR!
                            • 09-14-08
                            • 27861

                            #14
                            Depends on how many clients/bettors you have.
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