1. #1
    davidchong
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    New Sportsbook will be running by September with no charge on payouts.

    I heared the book will run by the second week of September, located in Panama.

    Lines will be -112 / -112

    Payouts will be totally free either by ** or ** and wire transfers, no checks.
    Loyalty: For every $100 wagered you get 2 points. For 100 points you get $100 cash bonus with 3x roll.
    Withdrawl: 2% of loyalty points will be deducted. Withdraw $1,000, 20 points is the cost of withdrawl.


    I dont like the idea of .12 cents lines.....

  2. #2
    VegasInsider
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    Any name for this book? Do we know who's opening it?

  3. #3
    mtneer1212
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    if the lines are -112/+112, there won't be many payouts to process. Stick with the solid books.

  4. #4
    notsosharp
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    with .12 lines payouts better be free. If you are a big bettor, you will lose alot of money with the extra .2 to .7 depending where you play.

  5. #5
    Spanks
    me pee pee
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    new book...LMAO

  6. #6
    Microphone
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    Quote Originally Posted by notsosharp View Post
    with .12 lines payouts better be free. If you are a big bettor, you will lose alot of money with the extra .2 to .7 depending where you play.

    Agree not very attractive.

  7. #7
    jjgold
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    No thanks

    Just a bunch of crooks I bet

  8. #8
    NSN21
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    Can't see a shop surviving with -112 lines. I wouldn't even entertain the idea. Tough enough beating -110.

  9. #9
    HedgeHog
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    A new and unrated Book out Panama? I'm having flashbacks to the disaster that was BetPanam. No thank you.

    If you want to try a new Book, take a look at BetIslands (B-) with your choice of 107 lines or a free half point. And they give you a free payout each month. Just my two cents.

  10. #10
    MartinBlank
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    Not sure I like the idea of depositing into a book with no track record whatsover.

  11. #11
    YorkHunt
    I JUST RELEASED
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  12. #12
    HoulihansTX
    Bowl $ea$on
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    No name or url.

    Awesome. You ust wasted 30sec of my life.

  13. #13
    Hoja Verdes
    Broncos Under 7.5 Wins -105
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    A business model based on -112 lines is fundamentally flawed. I'm sure they are thinking it will keep winners away, but it just won't work. They shouldn't try to reinvent the wheel, because we all realize that the free payouts simply agent enough savings to offset the added juice.

  14. #14
    Raven66
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    Quote Originally Posted by davidchong View Post
    I heared the book will run by the second week of September, located in Panama.

    Lines will be -112 / -112

    Payouts will be totally free either by ** or ** and wire transfers, no checks.
    Loyalty: For every $100 wagered you get 2 points. For 100 points you get $100 cash bonus with 3x roll.
    Withdrawl: 2% of loyalty points will be deducted. Withdraw $1,000, 20 points is the cost of withdrawl.


    I dont like the idea of .12 cents lines.....
    This is called.....Hearsay.

  15. #15
    trytrytry
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    For every $100 wagered you get 2 points. For 100 points you get $100 cash bonus with 3x roll.

    this is quite an offer it if was at a real book it would be unique and $...

  16. #16
    aca
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    -112 is near to unbeatable!

    best of luck!

  17. #17
    trytrytry
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    i think even with a -112 shop there will be times where that price is basically the same as your -110 book

    like 49 -110
    vs under 49 1/2 -112

    or maybe a time with -5 -115 + 5 -105

    and they hang -112 both ways, your -5 is better at this shop..worth shopping anyway..

    if they couple this -112 with a little slower moving lines u might find some decent stuff.

    so there can still be times where they have basically the same thing..and you could find some EV opportunities and grind out your profit with that bonus point thing...im dreaming I know as this is likely a scam 6 month shop..

  18. #18
    durito
    escarabajo negro
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    tons of euro books get by with equivalent or worse vig. you still want it to be regulated?

  19. #19
    Joe Dogs
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    I,ll Pass

  20. #20
    relaaxx
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    -112 makes it useless

  21. #21
    philswin
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    If true, probably looking to cater to the small bettos who like to make $100 - $400 deposits and withdrawl when they get up $100. We are going to continue to see the large books discourage the in and out of money with large transfer fees. We will probably also see min bet sizes increased and minimums on withdrawals. The money in and out creates a risk and cost for the book as well as a risk to all offshore gamblers.

  22. #22
    davidchong
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    racebook will be run in two ways:

    Due regulation and nature of the license:

    usa customers: booking
    non-usa customers and those countries that gambling is legal: commingle to the host track.

  23. #23
    davidchong
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    looks like after reach x points, lines can be 10 cents and 5 cents...

  24. #24
    MartinBlank
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    Quote Originally Posted by davidchong View Post
    looks like after reach x points, lines can be 10 cents and 5 cents...
    You seem to know an awful lot about this book....

    Are you running it out of your basement apartment?

  25. #25
    davidchong
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    wow!!, for those high rollers the account should be opened at main office in Panama...
    Plane ticket and hotel for 3 days payed by the book if you open account with 20k or more.

  26. #26
    notsosharp
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    Quote Originally Posted by trytrytry View Post
    For every $100 wagered you get 2 points. For 100 points you get $100 cash bonus with 3x roll.

    this is quite an offer it if was at a real book it would be unique and $...
    You are paying that extra 100 they give you in juice. If you wagered 5000 at a .10 you would pay 500 juice. If you wagered 5000 at their book you would pay 600. They are basically giving you the extra 2% juice back with a three time roll so you can lose it.

  27. #27
    davidchong
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    Quote Originally Posted by MartinBlank View Post
    You seem to know an awful lot about this book....

    Are you running it out of your basement apartment?


    Nop, not mine...

    I just applied for a job there...

  28. #28
    davidchong
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    Quote Originally Posted by notsosharp View Post
    You are paying that extra 100 they give you in juice. If you wagered 5000 at a .10 you would pay 500 juice. If you wagered 5000 at their book you would pay 600. They are basically giving you the extra 2% juice back with a three time roll so you can lose it.
    sorry, i should said you can exchange 100 points for $100 free...
    that was i hear from the meeting

  29. #29
    bradleysnyder
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    Yeah,most likley 4-6 week payout waiting time like playersonly and sportsbook

    i will never ever ever play any book but heritage

  30. #30
    djefferis
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    -112 with a unique bonus structure and free payouts is going to equal a bonus whore haven.

    - they'll primarily attract squares and uninformed players with that juice, in turn they'll probably favor chalk.
    - because they'll lean towards big faves, the dogs lines will be juicier, and bonus hunters will pounce

    = from the books perspective, this will be great until that one week in FB/BK when it seems every top college team gets upset, then they will be stressed if all these players have met RO and request a payout.

    Hope they have deep pockets and unique deposit methods, otherwise they are a LazerWager in the making

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