Offshore is going to grow like you’ve never seen

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Hman
    SBR Posting Legend
    • 11-04-17
    • 21429

    #281
    In the end some ppl will play offshore, some will play with U.S. books, and some will play at both.

    Offshore is going nowhere & in the long run may even strengthen once all the newbs fall into sports betting per legalization, and along the way find the perks offshore that legal books just simply aren't going to offer.
    Comment
    • gauchojake
      BARRELED IN @ SBR!
      • 09-17-10
      • 34109

      #282
      Originally posted by 2daBank
      Why would anyone waste time going to a sports book to place a 10 dollar fukkin bet? Personally I’m far more likely to bet bigger again with a option I can walk in and get my cash after a win.
      They won't. They will go to a kiosk at a game and while they are getting popcorn and a cold one will plop down a 20 on their team. I mean you will probably get the standard degen who hangs at the casino picking up tickets and betting keno, but I imagine most of the small bets will be made by Joe public at a game or just outside the gates.
      Comment
      • jbayko
        SBR Sharp
        • 12-29-16
        • 310

        #283
        Originally posted by jjgold
        Offshore doesn’t care because it cannot be beaten because of the very very low cost to operate

        Also a different type of a market of gamblers, offshore is not looking for the $10 gambler any longer

        They would love to unload them to the legal books
        My fear is that they will be beaten by the U.S. government once the legal gaming lobby convinces the Justice Department to go after those non-tax paying scum that are eating their market share.
        Comment
        • Hman
          SBR Posting Legend
          • 11-04-17
          • 21429

          #284
          Originally posted by jbayko
          My fear is that they will be beaten by the U.S. government once the legal gaming lobby convinces the Justice Department to go after those non-tax paying scum that are eating their market share.



          Eh the govt has never put as much effort as they could have into shutting down offshore & one of the whole arguments of legalization was that "it's going on anyhow".

          Therefore they will be content with the theory that ppl are going to stop betting offshore since it's available to them legally now in the states.

          They aren't going to do anything extra now to crack down on it.
          Comment
          • Sam Odom
            SBR Aristocracy
            • 10-30-05
            • 58063

            #285
            Originally posted by Hman

            They aren't going to do anything extra now to crack down on it.

            JFC

            in a few yrs when legislatures (state and fed) see the lost tax $$$ via wagers being sent offshore... bet your ass they will try to cut it out


            .
            Last edited by Sam Odom; 08-01-18, 10:19 AM.
            Comment
            • jbayko
              SBR Sharp
              • 12-29-16
              • 310

              #286
              Originally posted by Hman
              Eh the govt has never put as much effort as they could have into shutting down offshore & one of the whole arguments of legalization was that "it's going on anyhow".

              Therefore they will be content with the theory that ppl are going to stop betting offshore since it's available to them legally now in the states.

              They aren't going to do anything extra now to crack down on it.
              The key change is that there will now be a considerably larger legal sports betting market, so the lobbying could be much stronger. It happened to poker. It happened to ThePirateBay. It happens when you least expect it.

              It’s just a concern of mine. You may be right that it doesn’t come to fruition.
              Comment
              • Hman
                SBR Posting Legend
                • 11-04-17
                • 21429

                #287
                Originally posted by Sam Odom
                JFC

                in a few yrs when legislatures (state and fed) see the lost tax $$$ via wagers being sent offshore... bet your ass they will try to cut it out


                .



                That's your opinion Sam.

                Nobody even knows to this day the true numbers that have been bet offshore.

                Its all estimates by many different ppl.

                What makes you think they will suddenly be able to track and "see the lost tax $$$ via wagers being sent offshore". ?

                They cant, wont, and will be satisfied with the fact they've they've legalized it & assume its stopped for the most part or at least be content with the idea it's slowed.

                We can agree to disagree here no biggie.
                Comment
                • Sam Odom
                  SBR Aristocracy
                  • 10-30-05
                  • 58063

                  #288
                  Originally posted by Hman

                  Nobody even knows to this day the true numbers that have been bet offshore.

                  What makes you think they will suddenly be able to track and "see the lost tax $$$ via wagers being sent offshore". ?
                  Americans are expected to bet $4.76 billion on Super Bowl LII between the Patriots and Eagles, according to estimates released Tuesday by the American Gaming Association.



                  Americans are expected to bet $4.76 billion on Super Bowl LII between the New England Patriots and the Philadelphia Eagles, according to estimates released Tuesday by the American Gaming Association.

                  Only 3 percent of the $4.76 billion wagered on the Super Bowl will take place in Nevada, according to the AGA, which represents the U.S. casino industry. The rest of the money will be bet with offshore sportsbooks and locals
                  Comment
                  • Sam Odom
                    SBR Aristocracy
                    • 10-30-05
                    • 58063

                    #289
                    Originally posted by Hman

                    That's your opinion Sam.

                    an informed one




                    We can agree to disagree here no biggie.

                    Correct
                    Comment
                    • USCPHILLYGUY
                      SBR Posting Legend
                      • 12-15-12
                      • 21746

                      #290
                      Originally posted by jjgold
                      Offshore doesn’t care because it cannot be beaten because of the very very low cost to operate

                      Also a different type of a market of gamblers, offshore is not looking for the $10 gambler any longer

                      They would love to unload them to the legal books
                      Another quality post. They will just bet online as NJ will be up and running shortly.

                      Played golf yesterday with a guy who works at Caesars. Their sportsbook will be located at The Wild Wild West area that connects w Bally’s. Laughs when people criticize an operation that’s been up and running for 6 weeks!
                      Comment
                      • KVB
                        SBR Aristocracy
                        • 05-29-14
                        • 74817

                        #291
                        Sammy, maybe instead of cutting offshore, they force the one's who want American players to incorporate and pay taxes on the American business they do.

                        Many won't do that, and that keeps the online US market somewhat available.

                        Does William Hill in Nevada pay US Federal taxes? Not considering state taxes here.
                        Comment
                        • USCPHILLYGUY
                          SBR Posting Legend
                          • 12-15-12
                          • 21746

                          #292
                          Originally posted by Hman
                          That's your opinion Sam.

                          Nobody even knows to this day the true numbers that have been bet offshore.

                          Its all estimates by many different ppl.

                          What makes you think they will suddenly be able to track and "see the lost tax $$$ via wagers being sent offshore". ?

                          They cant, wont, and will be satisfied with the fact they've they've legalized it & assume its stopped for the most part or at least be content with the idea it's slowed.

                          We can agree to disagree here no biggie.
                          I could see the federal government getting involved here. Seems like a lot of $$ they are missing out on. Wonder how many said govt. would not get involved in online poker
                          Comment
                          • Sam Odom
                            SBR Aristocracy
                            • 10-30-05
                            • 58063

                            #293
                            Not trying to be an ass here... just been around a good long while and know how politicians think

                            Also , not 'picking' on Hman


                            Originally posted by KVB

                            Sammy, maybe instead of cutting offshore, they force the one's who want American players to incorporate and pay taxes on the American business they do.

                            Who knows! But that would be very hard to regulate and verify unlike U.S. based companies
                            Comment
                            • Hman
                              SBR Posting Legend
                              • 11-04-17
                              • 21429

                              #294
                              Originally posted by USCPHILLYGUY
                              I could see the federal government getting involved here. Seems like a lot of $$ they are missing out on. Wonder how many said govt. would not get involved in online poker


                              Then why havent they cared the last 30 years lol?

                              I have been covering this & telling posters in threads for many years that legalization was coming, and 80% laughed.

                              I like my odds that im right about this discussion as well.

                              But who knows
                              Comment
                              • USCPHILLYGUY
                                SBR Posting Legend
                                • 12-15-12
                                • 21746

                                #295
                                Originally posted by Sam Odom
                                Not trying to be an ass here... just been around a good long while and know how politicians think

                                Also , not 'picking' on Hman





                                Who knows! But that would be very hard to regulate and verify unlike U.S. based companies

                                agreed Sammy. Was in the background when new owners bought our course and wanted to put housing up. All it took was money to the right politician from the neighborhood to make the property a DEP Green Acres Land
                                Comment
                                • USCPHILLYGUY
                                  SBR Posting Legend
                                  • 12-15-12
                                  • 21746

                                  #296
                                  Originally posted by Hman
                                  Then why havent they cared the last 30 years lol?

                                  I have been covering this & telling posters in threads for many years that legalization was coming, and 80% laughed.

                                  I like my odds that im right about this discussion as well.

                                  But who knows
                                  They haven’t cared because there was 1 state who had legalized gambling. That has changed. Lol

                                  I have no stake in the game other than convenience so for your sake hoping it works out for you
                                  Comment
                                  • jjgold
                                    SBR Aristocracy
                                    • 07-20-05
                                    • 388179

                                    #297
                                    100 medium size credit players at Bookmaker more profitable than 2000 small players Legal shops
                                    Comment
                                    • Sam Odom
                                      SBR Aristocracy
                                      • 10-30-05
                                      • 58063

                                      #298
                                      Reportedly , in 5 yrs 20 states will have a form of sports wagering. so , there will be 40 Senators instead of 2 (god knows the # Representatives) putting pressure on the Feds to choke off the betting money (not taxed) fleeing the USA
                                      Comment
                                      • Hman
                                        SBR Posting Legend
                                        • 11-04-17
                                        • 21429

                                        #299
                                        Originally posted by USCPHILLYGUY
                                        They haven’t cared because there was 1 state who had legalized gambling. That has changed. Lol

                                        I have no stake in the game other than convenience so for your sake hoping it works out for you


                                        Works out for me??

                                        Nobody was as excited as i was when PASPA was struck down since I'd predicted it for years & caught heat for it.

                                        It's funny that no matter what happens, the naysayers have a new philosophy.

                                        First it was legalization will never happen.

                                        It did.

                                        Now the same ppl who said it would never happen suddenly jump on the legalization-bandwagon & say offshore is doomed. (Make up your mind ppl)

                                        Then when valid reasons & explanations are given as to why ppl will continue to play offshore (perks legal books will never offer) those ppl say the govt will shut it down.

                                        Its kinda funny, but only time will tell.
                                        Last edited by Hman; 08-01-18, 11:24 AM.
                                        Comment
                                        • Hman
                                          SBR Posting Legend
                                          • 11-04-17
                                          • 21429

                                          #300
                                          Originally posted by Sam Odom
                                          Not trying to be an ass here... just been around a good long while and know how politicians think

                                          Also , not 'picking' on Hman





                                          Who knows! But that would be very hard to regulate and verify unlike U.S. based companies



                                          I know sammy its just fun conversation & as competitors in our blood (comes with sports & betting) we all want to be right.
                                          Comment
                                          • USCPHILLYGUY
                                            SBR Posting Legend
                                            • 12-15-12
                                            • 21746

                                            #301
                                            Originally posted by Hman
                                            Works out for me??

                                            Nobody was as excited as i was when PASPA was struck down since I'd predicted it for years & caught heat for it.

                                            It's funny that no matter what happens, the naysayers have a new philosophy.

                                            First it was legalization will never happen.

                                            It did.

                                            Now the same ppl who said it would never happen suddenly jump on the legalization-bandwagon & say offshore is doomed. (Make up your mind ppl)

                                            Then when valid reasons & explanations are given as to why ppl will continue to play offshore (perks legal books will neber offer) those ppl say the govt will shut it down.

                                            Its kinda funny, but only time will tell.
                                            Yes. You work in the industry. I do not
                                            Comment
                                            • ZINISTER
                                              Restricted User
                                              • 10-03-12
                                              • 1651

                                              #302
                                              My local said that is why he will prosper in the end. The punters left over from the offshore shut downs will come to him instead of the state ran sports books. I don't see casinos getting what they think will be coming their way. Players are set in there ways. They have been doing fine for many years without the help of the government getting their bets off. The people that have no connects to a local or don't want to bother with offshore will put in his bets through a legal book. The few good books that exist locally will always be in business. If you have a good local book you are in the best company! I don't hear much talk about locals on here. Must be a dying breed.
                                              Comment
                                              • KVB
                                                SBR Aristocracy
                                                • 05-29-14
                                                • 74817

                                                #303
                                                Originally posted by ZINISTER
                                                My local said that is why he will prosper in the end. The punters left over from the offshore shut downs will come to him instead of the state ran sports books. I don't see casinos getting what they think will be coming their way. Players are set in there ways. They have been doing fine for many years without the help of the government getting their bets off. The people that have no connects to a local or don't want to bother with offshore will put in his bets through a legal book. The few good books that exist locally will always be in business. If you have a good local book you are in the best company! I don't hear much talk about locals on here. Must be a dying breed.
                                                Totally plausible.

                                                Good thoughts here.

                                                Last edited by KVB; 08-01-18, 12:14 PM. Reason: Accidentally laughed, when I meant to cheers. Made me sound sarcastic and I wasn't
                                                Comment
                                                • pavyracer
                                                  SBR Aristocracy
                                                  • 04-12-07
                                                  • 82745

                                                  #304
                                                  Is there data showing how many offshore books went out of business in the last 20 years and how many are still in business from 20 years ago to compare? I don't want to miss on the never before seen growth that will happen now.
                                                  Comment
                                                  • ZINISTER
                                                    Restricted User
                                                    • 10-03-12
                                                    • 1651

                                                    #305
                                                    Originally posted by KVB
                                                    Totally plausible.

                                                    Good thoughts here.

                                                    ok...
                                                    Comment
                                                    • KVB
                                                      SBR Aristocracy
                                                      • 05-29-14
                                                      • 74817

                                                      #306
                                                      Originally posted by ZINISTER
                                                      ok...
                                                      Dude, laughing guys was a total mistake.

                                                      I was agreeing with you and posted to say I liked the thoughts.

                                                      Didn't even know laughing guy was in there.

                                                      Sorry bro.

                                                      Comment
                                                      • ZINISTER
                                                        Restricted User
                                                        • 10-03-12
                                                        • 1651

                                                        #307
                                                        Squashed.
                                                        Comment
                                                        • jbayko
                                                          SBR Sharp
                                                          • 12-29-16
                                                          • 310

                                                          #308
                                                          Originally posted by KVB
                                                          Sammy, maybe instead of cutting offshore, they force the one's who want American players to incorporate and pay taxes on the American business they do.

                                                          Many won't do that, and that keeps the online US market somewhat available.

                                                          Does William Hill in Nevada pay US Federal taxes? Not considering state taxes here.
                                                          That will never happen. That's like telling Al Capone that everything's cool as long as he starts paying taxes and following all applicable laws from now on. These companies are stigmatized.

                                                          Also, that transition would be difficult considering betting won't be legalized in every state, yet most of these books are indiscriminate about who they accept. They'd have to completely change their business models.
                                                          Comment
                                                          • KVB
                                                            SBR Aristocracy
                                                            • 05-29-14
                                                            • 74817

                                                            #309
                                                            Originally posted by jbayko
                                                            That will never happen. That's like telling Al Capone that everything's cool as long as he starts paying taxes and following all applicable laws from now on. These companies are stigmatized.

                                                            Also, that transition would be difficult considering betting won't be legalized in every state, yet most of these books are indiscriminate about who they accept. They'd have to completely change their business models.
                                                            Yeah, I definitely see the extreme and almost ridiculous problems with it.

                                                            Comment
                                                            SBR Contests
                                                            Collapse
                                                            Top-Rated US Sportsbooks
                                                            Collapse
                                                            Working...