First State Delaware Sports Wagering Tuesday

[jjgold]

Most people don’t send large cash to offshore sports books all the big money bet is on credit

[alling]

Meh maybe when NJ and PEN get going they will offer lower odds, then DE will too. But if they dont offer mobile betting it wont really matter. Juice is important but convenience is why most of us bet online.

[jjgold]

These places are going to be too greedy they want you to go to walk-in places and spend money at their facilities

In Pennsylvania and no one has applied for a license believe it or not because it’s too expensive and too high tax what a mess

[A Quant]

Meh maybe when NJ and PEN get going they will offer lower odds, then DE will too. But if they dont offer mobile betting it wont really matter. Juice is important but convenience is why most of us bet online.

Mobile platforms are coming.

The Supreme Court just announced their decision roughly 2 weeks ago.

Watch how fast this explodes.

[5mike5]

who cares about mobile?

ive had that almost a decade

i know why jk lol


still wont compare

[Legions36]

Pros and cons both ways.

I remember the BTC procedure. (I don’t use that method
anymore)

$1,000 from bank to exchange (say Coinbase or Gemini)

$1,000 bank > Coinbase = $910 in BTC arrives.
(conservative estimation)

Down 9% already.

$910 from Coinbase or Gemini > personal wallet = $900 arrives
in wallet

Down 10%

Wallet > offshore book $900 arrives

Still down 10%

You have a good year and make 10% profits.

BR at offshore book = $1,000.

The BTC journey back begins.

Offshore book > personal wallet $990 arrives.

$990 from personal wallet > Coinbase or Gemini $980
arrives

$980 from Coinbase or Gemini > bank 910 arrives in bank
-----------------------------------------------------------------------------

Result: You’ve had an excellent year in sports betting. You’ve

made 10% which outperforms many 401Ks or Mutual Funds. (Except for Axe Capital)

Yet your final numbers is -9%

Will that happen at a Brick and
Mortar sportsbook? Don’t think so.

------------------------------------------------------------------------------------------------


The A+ offshore books are solid, no doubt. Posting up at
these places was OK by me, but I can see where a lot of players might be leery
of sending large amounts offshore now that localized shops are forming.

Was Bet Islands an A+? Anything can happen, right. If Leeham
Bros can go down, can’t an A+ book?

Also, remember the Coinbase debacle; errantly debiting
thousands (collectively probably millions) from unsuspecting customers?

Also, Does your average sports bettor
wanna devout half his time figuring BTC, LiteCoin, satoshis and mBTC formulas,
when time and brain space are needed for the complicated procedure of sports
handicapping?



Does having the ability to bet into a dime line as opposed
to a twenty-cent line overcome these obstacles?

For some it does, for others it doesn’t.

From the looks of your post its seems you didn't take the time to learn how to use bitcoins properly to fund books. You shouldn't lose anything with this, to bad you decided it wasn't for you.

[A Quant]

who cares about mobile?

ive had that almost a decade

i know why jk lol


still wont compare

I think if you're an offshore guy, you'll stay an offshore guy.

But that would put you in the minority. People today like instant gratification. The ability to cash a ticket immediately will carry a lot of weight to all the new blood that will be gambling.

On this board, we are all isolated. We turned to off-shores because that was the only game in town if you didn't have a local. That's now changed. If you are comfortable betting off shore- more power to you. But honestly, the real competition will begin when multi-states are up and running, and the juice starts to trickle down because of competition. It's going to be fun times for us.

[5mike5]

I think if you're an offshore guy, you'll stay an offshore guy.

But that would put you in the minority. People today like instant gratification. The ability to cash a ticket immediately will carry a lot of weight to all the new blood that will be gambling.

On this board, we are all isolated. We turned to off-shores because that was the only game in town if you didn't have a local. That's now changed. If you are comfortable betting off shore- more power to you. But honestly, the real competition will begin when multi-states are up and running, and the juice starts to trickle down because of competition. It's going to be fun times for us.

good points there

ur right be crazy to watch next year or 2..wild west!

[jjgold]

Has anyone read the Delaware rules they are pathetic, thousand dollar bet need manager approval and no college wagering

[michael777]

amazing isn't it JJ how stupid so many are,this bill that passed is the worst possible thing for sports betting and most have no clue

[StackinGreen]

Has anyone read the Delaware rules they are pathetic, thousand dollar bet need manager approval and no college wagering

Yes, but that's the beauty of 50 states

That's why the Justices like Soto and Ginsburg are so dangerous, they hate America and its Constitution.

[jjgold]

I cannot believe there’s no college wagering in Delaware I must be wrong

[StackinGreen]

good points there

ur right be crazy to watch next year or 2..wild west!

Plus, as a person who has experienced how credit betting is almost as much an annoying as a convenience (bookies and the way they act), as long as you are ok with $500 to $1000 type max bets, this works out much better for everyone involved. Just stay below $5k reporting and you're golden with a teller, just like horses.

[convick]

Yes, but that's the beauty of 50 states

That's why the Justices like Soto and Ginsburg are so dangerous, they hate America and its Constitution.

Let me know when Texas gets their act together. I know Oklahoma, Louisiana and even New Mexico will likely have sports gambling before Texas. Who knows how good it will be compared to offshore.

Let's not assume EVERY state will get on board in the next couple years.

[StackinGreen]

Let me know when Texas gets their act together. I know Oklahoma, Louisiana and even New Mexico will likely have sports gambling before Texas. Who knows how good it will be compared to offshore.

Let's not assume EVERY state will get on board in the next couple years.

You are correct, but now they have the option. Just like all the states that do opt in also have the option to go along, change, make more money, try new things, be examples of failures for others

USA is a beautiful thing, too bad so many people bastardized our founders enlightened setup

[Harry N. Lloyd]

https://www.barstoolsports.com/chicago/the-first-legal-sports-bet-outside-of-vegas-has-been-placed-and-it-was-by-the-living-legend-stu-feiner

Apparently it's already drawing in a sleazy crowd. Barstool has a video of Stu Feiner placing some wagers there earlier today.

For reasons unknown Barstool Sports seems to worship Stu. Personally I find him to be vile and despicable.

[alling]

https://www.barstoolsports.com/chica...end-stu-feiner

Apparently it's already drawing in a sleazy crowd. Barstool has a video of Stu Feiner placing some wagers there earlier today.

For reasons unknown Barstool Sports seems to worship Stu. Personally I find him to be vile and despicable.

I noticed the sleazy crowd the first time I went to Delaware Park.

[nyplayer33]

Deleware will pay you..5 dimes ?

[El Nino]

Pros and cons both ways.

I remember the BTC procedure. (I don’t use that method
anymore)

$1,000 from bank to exchange (say Coinbase or Gemini)

$1,000 bank > Coinbase = $910 in BTC arrives.
(conservative estimation)

Down 9% already.

$910 from Coinbase or Gemini > personal wallet = $900 arrives
in wallet

Down 10%

Wallet > offshore book $900 arrives

Still down 10%

You have a good year and make 10% profits.

BR at offshore book = $1,000.

The BTC journey back begins.

Offshore book > personal wallet $990 arrives.

$990 from personal wallet > Coinbase or Gemini $980
arrives

$980 from Coinbase or Gemini > bank 910 arrives in bank
-----------------------------------------------------------------------------

Result: You’ve had an excellent year in sports betting. You’ve

made 10% which outperforms many 401Ks or Mutual Funds. (Except for Axe Capital)

Yet your final numbers is -9%

Will that happen at a Brick and
Mortar sportsbook? Don’t think so.

------------------------------------------------------------------------------------------------


The A+ offshore books are solid, no doubt. Posting up at
these places was OK by me, but I can see where a lot of players might be leery
of sending large amounts offshore now that localized shops are forming.

Was Bet Islands an A+? Anything can happen, right. If Leeham
Bros can go down, can’t an A+ book?

Also, remember the Coinbase debacle; errantly debiting
thousands (collectively probably millions) from unsuspecting customers?

Also, Does your average sports bettor
wanna devout half his time figuring BTC, LiteCoin, satoshis and mBTC formulas,
when time and brain space are needed for the complicated procedure of sports
handicapping?



Does having the ability to bet into a dime line as opposed
to a twenty-cent line overcome these obstacles?

For some it does, for others it doesn’t.

I'd rather lose 4.9% on a btc sell fee, with the fluctuation of the crypto market before the payout reaches my account than lose 10% or more on every ML dog bet I ever make.

[Courtesywipe]

Can I get complementary drink tix if I bet $10?

DP has never had complimentary drinks. Unless you want a dr. Pepper. But I’m game. Will beat jumping thru offshore hoops to get paid. The first time I don’t mind living in Delaware. Plan to go Friday evening....... will post PIC

[marconuts]

From the looks of your post its seems you didn't take the time to learn how to use bitcoins properly to fund books. You shouldn't lose anything with this, to bad you decided it wasn't for you.

Money takes too long to hit my account Sorry no use for Bitcoin

[mrpapageorgio]

Geeze, and to think the older generation complains about the younger people having an instant gratification problem. Lot of people complaining the sports betting laws aren't perfect in Delaware and that we don't have 50 state sports betting nationally 2 weeks after SCOTUS struck down PASPA. Give it time people. Delaware hasn't been down this road, so they're not going to take 5 or 6 figure bets without raising an eyebrow. Once the wheels have been turning awhile and things go smooth, rules will get relaxed and juice will come down once there's more competition. Until then, you're more than welcome to bet at your favorite offshore.

We are not the targeted audience for these new books, it's for the average Joe who wants to bet a sawbuck on their favorite team this weekend while betting the ponies or to make a weekend day out of it with their buddies betting on a game while having a drink. They're not going to go through the trouble of learning how to use bitcoin and research which books offer the lowest juice that are the most reliable. They just want to have legal action on their favorite team/game and collect quick if they win without the bs and could give a damn about an extra few cents in juice.

[jjgold]

Good luck To those that actually want to play there

[sourtwist]

Geeze, and to think the older generation complains about the younger people having an instant gratification problem. Lot of people complaining the sports betting laws aren't perfect in Delaware and that we don't have 50 state sports betting nationally 2 weeks after SCOTUS struck down PASPA. Give it time people. Delaware hasn't been down this road, so they're not going to take 5 or 6 figure bets without raising an eyebrow. Once the wheels have been turning awhile and things go smooth, rules will get relaxed and juice will come down once there's more competition. Until then, you're more than welcome to bet at your favorite offshore.

We are not the targeted audience for these new books, it's for the average Joe who wants to bet a sawbuck on their favorite team this weekend while betting the ponies or to make a weekend day out of it with their buddies betting on a game while having a drink. They're not going to go through the trouble of learning how to use bitcoin and research which books offer the lowest juice that are the most reliable. They just want to have legal action on their favorite team/game and collect quick if they win without the bs and could give a damn about an extra few cents in juice.

Unfortunately people are unaware that others look at things from a different perspective than they do

Good post

[Sam Odom]

Geeze, and to think the older generation complains about the younger people having an instant gratification problem. Lot of people complaining the sports betting laws aren't perfect in Delaware and that we don't have 50 state sports betting nationally 2 weeks after SCOTUS struck down PASPA. Give it time people. Delaware hasn't been down this road, so they're not going to take 5 or 6 figure bets without raising an eyebrow. Once the wheels have been turning awhile and things go smooth, rules will get relaxed and juice will come down once there's more competition. Until then, you're more than welcome to bet at your favorite offshore.

We are not the targeted audience for these new books, it's for the average Joe who wants to bet a sawbuck on their favorite team this weekend while betting the ponies or to make a weekend day out of it with their buddies betting on a game while having a drink. They're not going to go through the trouble of learning how to use bitcoin and research which books offer the lowest juice that are the most reliable. They just want to have legal action on their favorite team/game and collect quick if they win without the bs and could give a damn about an extra few cents in juice.

[mtneer1212]

Now, I could be blind or have one of those closed minds, but excuse me, where is the big plus of leaving your house or home town, go thru heavy traffic, hot weather, deal with idiotic driver's or people in general, and look for and edge at these new Book's?
I can't see it right now, but maybe some smart SBR member can help me remove my blinder's?
Thanks, for any eyeopening help.

And drinks being free? Are we not all expected to tip these free-drink server's? If 95% of patron's tip for free drinks, nope, they are not free.

Because you will get paid if you win. You won't have the hassle of a withdrawal fee. The check won't get lost in the mail. You won't have to deal with Bitcoin, or Walmart, or bonus rollovers. You won't be breaking the law placing a wager, and you won't be sending money to Maria Conchita Alonzo in Peru or Honduras, or wherever. The Feds are coming when the states get this in place..... and offshore will fade into the sunset, because the square players will be betting at the legal sportsbook. The only ones offshore will be the credit players and the sharps.

[Sam Odom]

Do believe the FEDS will crack down harder soon

[Optional]

Do believe the FEDS will crack down harder soon

To enforce state laws?

[Sam Odom]

To enforce state laws?

States with sports betting will pressure Feds to curtail sending $$$ offshore (reply was to #96)

[Sam Odom]

1st Half ML






5Dimes

[mrpapageorgio]

1st Half ML






5Dimes

The reduced 1st half line is only -108 for CLE on 5D, so not terrible.

[Sam Odom]

as of right now

Bookmaker Clev -120

Heritage Clev -110

Nitro Clev -112

[TheSchafe]

The Delaware governor should go tout. Phils, wow...what a call.

[TheGuesser]

So they are using Scientific Games for their lines, and not Will Hill? Or are they the same company? If not, do any Nevada books use Scientific Games lines, to compare them to Delaware's?

[tony_come]

Did they win today