Sportsbooks makin $$$$ ?

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  • mritchie25
    SBR Rookie
    • 01-26-09
    • 3

    #1
    Sportsbooks makin $$$$ ?
    How do some of these sportsbooks make money. I personally use BetJM, and every ne Ive talked to say they are always cashing out. Are these placies actually making huge profits?
  • BestPlay2day
    SBR Hall of Famer
    • 08-25-08
    • 5794

    #2
    Most people don't brag when they have to reload. I'm sure BetJamaica and other onlines are doing fine with all the bad bettors out there and especially one's with poor money management.
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    • ryanspeer2001
      SBR MVP
      • 03-30-08
      • 3149

      #3
      Even the best books who get hammered with payout requests are probably taking in 2-3bucks for every dollar leaving their site. Most bettors are horrible and you will almost never hear about all the folks who go drop their winnings into either poor poker play or an unbeatable casino.
      Comment
      • Kingctb27
        SBR MVP
        • 07-16-08
        • 2258

        #4
        For every successful gambler on here there are 8 who are unsuccessful. (It might be closer to 15 to 1.)
        Comment
        • sickler
          SBR Posting Legend
          • 06-05-08
          • 15006

          #5
          Originally posted by mritchie25
          How do some of these sportsbooks make money. I personally use BetJM, and every ne Ive talked to say they are always cashing out. Are these placies actually making huge profits?

          Lots of people bullshit about their gambling prowess. Haven't figured that out yet?



          The vig goes in the bookie's wallet, not yours...
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