Can you guys tell me what you think of this.....

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  • toto
    SBR Rookie
    • 01-06-09
    • 12

    #1
    Can you guys tell me what you think of this.....
    I have 7-10 players that i have been servicing for years. I basically paid and collected for a book who i was dealing with. They used to give me 5% per week kick back on each each account seperately if it had a losing balance. If it had a winning balance , they simply paid the full thing. it was a good thing , until it ended just recently (book/Agent is stiffing me ). I am looking for a book or Agent that i can deal with that is solid and will give me the same deal. I will post up (that is not a problem). Am i asking too much ? What you guys think ?
  • chano
    SBR Wise Guy
    • 07-02-06
    • 602

    #2
    • let me understand this correctly.....if in one week , you have 3 accounts that win 10000 and 4 accounts that lose a total of the same 10000.
    • you get 500 bucks out of the losing 10000 and they pay the winners the other 10000.
    Comment
    • Nicky Santoro
      SBR Posting Legend
      • 04-08-08
      • 16103

      #3
      Originally posted by chano
      • let me understand this correctly.....if in one week , you have 3 accounts that win 10000 and 4 accounts that lose a total of the same 10000.
      • you get 500 bucks out of the losing 10000 and they pay the winners the other 10000.
      i think he means combined from all his 7 players. whatever the net amount is. that's what i think, but then again, the way he is explaining, maybe he did do that, but i doubt it..
      Comment
      • toto
        SBR Rookie
        • 01-06-09
        • 12

        #4
        Originally posted by Nicky Santoro
        i think he means combined from all his 7 players. whatever the net amount is. that's what i think, but then again, the way he is explaining, maybe he did do that, but i doubt it..
        No , Chano is correct. Its not combined, each account is looked at seperately.
        Comment
        • Nicky Santoro
          SBR Posting Legend
          • 04-08-08
          • 16103

          #5
          toto,

          if week 1.... your 7 customers each lose 5k, you make $1,750 (5%)

          week 2... your 7 customers win 5k each. you give nothing back?


          so basically, bookie is even in bets, but bookie is down $1,750?


          wow, not bad.. we had similar deal with our agents, but we gave them 30% kickback only after season was over and only on NET LOSSES..

          so if his players lost 40k the first 4 months and then won back 30k at the end for a total loss of 10k, agent gets 30% of 10k.
          Comment
          • toto
            SBR Rookie
            • 01-06-09
            • 12

            #6
            Originally posted by Nicky Santoro
            toto,

            if week 1.... your 7 customers each lose 5k, you make $1,750 (5%)

            week 2... your 7 customers win 5k each. you give nothing back?


            so basically, bookie is even in bets, but bookie is down $1,750?
            Correct!!. Keep in mind. I am posting up Big money here.


            Originally posted by Nicky Santoro

            wow, not bad.. we had similar deal with our agents, but we gave them 30% kickback only after season was over and only on NET LOSSES..

            so if his players lost 40k the first 4 months and then won back 30k at the end for a total loss of 10k, agent gets 30% of 10k.
            I dont understand this part. Please explain.....
            Comment
            • chano
              SBR Wise Guy
              • 07-02-06
              • 602

              #7
              Toto, sounds like you had a pretty good deal going. What book screwed you ?
              Comment
              • Nicky Santoro
                SBR Posting Legend
                • 04-08-08
                • 16103

                #8
                Originally posted by toto
                Correct!!. Keep in mind. I am posting up Big money here.

                I dont understand this part. Please explain.....



                my agents worked like this.

                Say they had 10 guys.. Lets say all his 10 guys lose a combined 50k.. then win back 40k, for a total loss of 10k by his bettors.. then we give the agent 30% back on the 10k they lost.. so he made 3k only..

                we only paid him at the end of the year on the total amount lossed.. The NET LOSSES.. not week by week..
                Comment
                • chano
                  SBR Wise Guy
                  • 07-02-06
                  • 602

                  #9
                  has anyone ever heard of agent deals like this. I mean it sounds like a good deal for the agent, not the book. Right ?

                  Nicky , would you in any case give any of your agents this deal ?
                  Comment
                  • Nicky Santoro
                    SBR Posting Legend
                    • 04-08-08
                    • 16103

                    #10
                    Originally posted by chano
                    has anyone ever heard of agent deals like this. I mean it sounds like a good deal for the agent, not the book. Right ?

                    Nicky , would you in any case give any of your agents this deal ?
                    NEVER.. it's silly.. if his customers start off losing 200k and then win back the 200k to put him at even.. he is down 10k..

                    my way, agents gets 0.. his way, agents get 10k.

                    this is only good if they consistently lose every week, then you only give out 5%, rather than my 30%.. but it dont always work that way.
                    Comment
                    • Chi_archie
                      SBR Aristocracy
                      • 07-22-08
                      • 63172

                      #11
                      Originally posted by toto
                      I have 7-10 players that i have been servicing for years. I basically paid and collected for a book who i was dealing with. They used to give me 5% per week kick back on each each account seperately if it had a losing balance. If it had a winning balance , they simply paid the full thing. it was a good thing , until it ended just recently (book/Agent is stiffing me ). I am looking for a book or Agent that i can deal with that is solid and will give me the same deal. I will post up (that is not a problem). Am i asking too much ? What you guys think ?

                      I don't think we're in kansas anymore TOTO... but the scare crow looks like a good mark to book bets with.



                      Somewhere Over the Rainb........
                      Comment
                      • toto
                        SBR Rookie
                        • 01-06-09
                        • 12

                        #12
                        Originally posted by Chi_archie
                        I don't think we're in kansas anymore TOTO... but the scare crow looks like a good mark to book bets with.



                        Somewhere Over the Rainb........
                        What do you mean?
                        Comment
                        • Nicky Santoro
                          SBR Posting Legend
                          • 04-08-08
                          • 16103

                          #13
                          Comment
                          • THEGREAT30
                            SBR Hall of Famer
                            • 10-04-08
                            • 8970

                            #14
                            Most guys come on here with ludacris bullshit, but it could be reality.
                            Comment
                            • Shark79
                              SBR Posting Legend
                              • 11-19-07
                              • 11211

                              #15
                              toto ... I dont think any other book would offer you that.

                              They all go by net/loses, therefore, both win or lose. Nothing else.

                              Cheers.
                              Comment
                              • toto
                                SBR Rookie
                                • 01-06-09
                                • 12

                                #16
                                keep it mind a few things.
                                1) its completely Square action
                                2) they bet many, many games a day (10-20)/Each account
                                they bet 500-1000 per game/halfs/totals.

                                What should i be entitled to for action like this.

                                And keep in mind. I am willing to post up.
                                Comment
                                • chano
                                  SBR Wise Guy
                                  • 07-02-06
                                  • 602

                                  #17
                                  i dont think anyone will give you what you had before. then again . i have been wrong before.
                                  the books out there know the stats on this. perhaps they can fill us in if this could be true or NOT.
                                  Comment
                                  • toto
                                    SBR Rookie
                                    • 01-06-09
                                    • 12

                                    #18
                                    Any thoughts on what I should do? I was told there are alot of pretty smart guys on ths forum regarding stats and numbers. Am I out of line asking for this ?
                                    Comment
                                    • Shark79
                                      SBR Posting Legend
                                      • 11-19-07
                                      • 11211

                                      #19
                                      This cant be true.

                                      I havent seen something like this before.

                                      Post the name of the book ...
                                      Comment
                                      • toto
                                        SBR Rookie
                                        • 01-06-09
                                        • 12

                                        #20
                                        Originally posted by Shark79
                                        This cant be true.

                                        I havent seen something like this before.

                                        Post the name of the book ...
                                        I cant post the name of the book. Reason being, I am not sure of the books exact involvement. It could be that the agent for them is 100 % liable or they split it, or whatever. I am not sure. I could tell you that its a very well known book/solid. Would not be fair by naming book.
                                        Comment
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