Official New Jersey live legal sports wagering thread

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  • unusialsusp5
    SBR MVP
    • 04-18-10
    • 4198

    #36
    Originally posted by LT Profits
    So it only does not matter if you win 100% of your bets.
    there are quite a few that do not care about paying double juice as long as they can get their money (if win) right then and there without the offshore hassle and stall tactics. send verification, take a selfie with you holding your license in color, forget it if you moved and changed phone numbers, trying to figure out bitcoin, being accused of being a steam bettor, canadian checks that don't clear for weeks, accused of having a duplicate account, betting on wrong device, not betting often enough, not betting enough period, dealing with bonuses and absurd rollover requirements, paying fees to withdraw and deposit, being lied to by customer service reps. anything i left out. yet, despite all this it is still better than playing .20 cent lines vs. .10 lines or is it.
    Comment
    • LT Profits
      SBR Aristocracy
      • 10-27-06
      • 90963

      #37
      Originally posted by unusialsusp5
      there are quite a few that do not care about paying double juice as long as they can get their money (if win) right then and there without the offshore hassle and stall tactics. send verification, take a selfie with you holding your license in color, forget it if you moved and changed phone numbers, trying to figure out bitcoin, being accused of being a steam bettor, canadian checks that don't clear for weeks, accused of having a duplicate account, betting on wrong device, not betting often enough, not betting enough period, dealing with bonuses and absurd rollover requirements, paying fees to withdraw and deposit, being lied to by customer service reps. anything i left out. yet, despite all this it is still better than playing .20 cent lines vs. .10 lines or is it.
      No hassle at all with the most reliable offshores so getting money in and out not even a consideration. Bitcoin saved the world!
      Comment
      • unusialsusp5
        SBR MVP
        • 04-18-10
        • 4198

        #38
        Originally posted by LT Profits
        No hassle at all with the most reliable offshores so getting money in and out not even a consideration. Bitcoin saved the world!
        i'm sure that's 100% correct if you have the knowledge and expertise. bitcoin could eventually fail. always the chance (unlikely) you could get limited or tossed for winning or cashing out too often. if the states weren't so greedy and went to -105 and online wagering it would be the end of offshore.
        Comment
        • KVB
          SBR Aristocracy
          • 05-29-14
          • 74817

          #39
          Originally posted by ki dice
          -105 -113 -120 matter only if you lose
          Originally posted by LT Profits

          So it only does not matter if you win 100% of your bets.
          No, winners pay the vigorish.

          Losers just lose their bets.

          Comment
          • LT Profits
            SBR Aristocracy
            • 10-27-06
            • 90963

            #40
            Originally posted by KVB
            No, winners pay the vigorish.

            Losers just lose their bets.

            https://www.sportsbookreview.com/for...o-you-pay.html
            Not true, there is no right answer, it is a paradoxal numbers game.
            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388179

              #41
              Most legal books you have to go in person to deposit and withdraw

              When I lived in Vegas for 2 years I found it easier to play offshore
              Comment
              • KVB
                SBR Aristocracy
                • 05-29-14
                • 74817

                #42
                Originally posted by LT Profits
                Not true, there is no right answer, it is a paradoxal numbers game.
                Nonsense.

                Once you realize you aren't putting "Extra" risk on your bet for commissions and that what you risk is what you risk and nothing more or less, then the way you manage money is different in a way that will make a difference.

                Taking the viewpoint from the book's perspective will aid in understanding how vigorish is applied in general.

                When it comes to gambling and this topic, there is a right and a wrong way to approach it.

                Many people understand how to bet, but few bettors understand how to gamble.

                There is a difference, but the more it becomes "semantics" the more assured that the winners stay on their side of the fence...the winning side.


                Getting this wrong will increase your costs in vig. You should know this LT, you change your breakeven daily.
                Comment
                • LT Profits
                  SBR Aristocracy
                  • 10-27-06
                  • 90963

                  #43
                  Originally posted by KVB
                  Nonsense.

                  Once you realize you aren't putting "Extra" risk on your bet for commissions and that what you risk is what you risk and nothing more or less, then the way you manage money is different in a way that will make a difference.

                  Taking the viewpoint from the book's perspective will aid in understanding how vigorish is applied in general.

                  When it comes to gambling and this topic, there is a right and a wrong way to approach it.

                  Many people understand how to bet, but few bettors understand how to gamble.

                  There is a difference, but the more it becomes "semantics" the more assured that the winners stay on their side of the fence...the winning side.


                  Getting this wrong will increase your costs in vig. You should know this LT, you change your breakeven daily.
                  You could just as easily say the guy losing the 110 should have only risked 100 since the no-vig line is +100. Again, this has been debated for years and there is no right answer, it is nothing but math "fun".
                  Comment
                  • TheSchafe
                    SBR MVP
                    • 12-29-09
                    • 2143

                    #44
                    Only advantage is cash in hand immediately. Which honestly with BitCoin you usually get your withdrawal the next business day anyway.
                    Comment
                    • LT Profits
                      SBR Aristocracy
                      • 10-27-06
                      • 90963

                      #45
                      Originally posted by TheSchafe
                      Only advantage is cash in hand immediately. Which honestly with BitCoin you usually get your withdrawal the next business day anyway.
                      Same day at Heritage, and if you have Bitpay card, can withdraw in cash as soon as it hits.
                      Comment
                      • jjgold
                        SBR Aristocracy
                        • 07-20-05
                        • 388179

                        #46
                        If you play at 5 Dimes I would think the retain rate will be about 75% when the player compares it to his legal usa book
                        Comment
                        • mcaulay777
                          SBR MVP
                          • 09-13-10
                          • 1769

                          #47
                          For me Sports Betting across the country soon is 20 to 30 years to late..To much information and lousy sports now to win money.The Vig is going to be to high.Too many people are going to lose money.The limits are going to be very low will see how long Willian hill will let people win if there are some good players.I cant wait for this season in Delaware and Jersey when they have philly and the under and are wining until the last play of the game when they do that lateral toss bs and the game on the last play is now La Rams and the over!
                          Comment
                          • Sam Odom
                            SBR Aristocracy
                            • 10-30-05
                            • 58063

                            #48
                            Jjgold will be the 1st employee laid off
                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388179

                              #49
                              Originally posted by mcaulay777
                              For me Sports Betting across the country soon is 20 to 30 years to late..To much information and lousy sports now to win money.The Vig is going to be to high.Too many people are going to lose money.The limits are going to be very low will see how long Willian hill will let people win if there are some good players.I cant wait for this season in Delaware and Jersey when they have philly and the under and are wining until the last play of the game when they do that lateral toss bs and the game on the last play is now La Rams and the over!
                              game over

                              5 Dimes
                              Bookmaker
                              Heritage
                              Betonline
                              Comment
                              • dark star
                                SBR MVP
                                • 01-04-09
                                • 3900

                                #50
                                Originally posted by Sam Odom
                                may move to Hoboken, on the Hudson
                                Not sure you can afford it now Sammy
                                Comment
                                • big joe 1212
                                  SBR Posting Legend
                                  • 06-01-08
                                  • 19380

                                  #51
                                  Originally posted by Crusherrr
                                  I don't see where Resorts/Draftkings will put their sportsbook. I don't see them being up and running B&M style for a while. They have that little room where they show people their online and fantasy sports site but it would be way too small to handle any sports betting or anything else. Resorts is tiny as it is.
                                  Maybe they can build it on the second floor? Maybe in the former Boogie Nights club?
                                  Comment
                                  • SnakesPicks
                                    SBR Wise Guy
                                    • 10-05-13
                                    • 685

                                    #52
                                    William Hill is all over this and are gonna benefit big time. They got a proven record, having taken over a shit ton of the small books in Vegas already and partnering and preparing in NJ to do the same. Usually, I hate William Hill lines. Hope some independent books sprout up and stay.
                                    Comment
                                    • Al Masters
                                      SBR Hall of Famer
                                      • 04-29-06
                                      • 6940

                                      #53
                                      Originally posted by ki dice
                                      -105 -113 -120 matter only if you lose
                                      For yourself and family stop gambling immediately.

                                      You are a bookmakers dream and harmful to yourself
                                      if you actually believe what you posted.

                                      This is basic stuff.. if you can’t properly grasp
                                      the damage of juice, leave the game as quickly as you can.

                                      Looks like all those jjgold posts of juice having no
                                      meaning unless you lose as set up shop in your mind.

                                      If your -110 at Heritage is -150 at bet365 are
                                      YOU going to pull the trigger?

                                      Because of course there is no difference unless you lose.

                                      Once you have decided to make that bet at -150 you’re
                                      dead Win or lose.

                                      but I understand that you won’t understand that above example
                                      as you see it as a win not betting into a suckers line
                                      which in the end will kill you fast in this game.
                                      Comment
                                      • jjgold
                                        SBR Aristocracy
                                        • 07-20-05
                                        • 388179

                                        #54
                                        atlantic city doesn’t need five sports books , It’s not a destination like Las Vegas

                                        Las Vegas is set up for a worldwide appeal especially with that airport centrally located
                                        Comment
                                        • Crusherrr
                                          SBR MVP
                                          • 06-27-16
                                          • 3655

                                          #55
                                          Originally posted by big joe 1212
                                          Maybe they can build it on the second floor? Maybe in the former Boogie Nights club?
                                          True. I didn't even think of that. That's most likely where it will be.
                                          Comment
                                          • TheSchafe
                                            SBR MVP
                                            • 12-29-09
                                            • 2143

                                            #56
                                            Originally posted by LT Profits
                                            Same day at Heritage, and if you have Bitpay card, can withdraw in cash as soon as it hits.

                                            My apologies LT, I should have specified: The withdrawal to my coinbase wallet is same day, I was just talking about the ACH from the wallet to my bank account was the next business day.
                                            Comment
                                            • snider
                                              SBR Sharp
                                              • 03-25-17
                                              • 309

                                              #57
                                              more like a couple hours..........nitrogen is lightning
                                              Comment
                                              • jjgold
                                                SBR Aristocracy
                                                • 07-20-05
                                                • 388179

                                                #58
                                                Offshore will always be more convenient

                                                Vegas I think Stations you can deposit from home but takes 2 days from bank account

                                                Almost all have to go to book to cash out and load

                                                No computer betting APP only in Vegas

                                                Hopefully NJ will have web betting because way better than cluttered app betting
                                                Comment
                                                • Optional
                                                  Administrator
                                                  • 06-10-10
                                                  • 61680

                                                  #59
                                                  Originally posted by jjgold
                                                  Offshore will always be more convenient

                                                  Vegas I think Stations you can deposit from home but takes 2 days from bank account

                                                  Almost all have to go to book to cash out and load

                                                  No computer betting APP only in Vegas

                                                  Hopefully NJ will have web betting because way better than cluttered app betting
                                                  Down under all the books offer pre-paid debit cards that you can instantly transfer winnings to and withdraw at an ATM.

                                                  That's what WillHill will offer everywhere. Withdraw options is not going to be a down side for legal gambling. Privacy and tax issues are the big ones that will keep people offshore IMHO.

                                                  Americans will freak when confronted with UK style KYC.
                                                  .
                                                  Comment
                                                  • jjgold
                                                    SBR Aristocracy
                                                    • 07-20-05
                                                    • 388179

                                                    #60
                                                    There is no KYC in Vegas other than drivers license

                                                    There will be none in NJ either

                                                    Laws set up in USA if your in that state that day you can wager on APP....its all geo location based non residences based
                                                    Comment
                                                    • Optional
                                                      Administrator
                                                      • 06-10-10
                                                      • 61680

                                                      #61
                                                      Originally posted by jjgold
                                                      There is no KYC in Vegas other than drivers license

                                                      There will be none in NJ either

                                                      Laws set up in USA if your in that state that day you can wager on APP....its all geo location based non residences based
                                                      I think they will push for it for online.
                                                      .
                                                      Comment
                                                      • jjgold
                                                        SBR Aristocracy
                                                        • 07-20-05
                                                        • 388179

                                                        #62
                                                        When I lived in NJ and had online casino accounts from Borgata or any other legal place nothing

                                                        They run your SS# and that is it

                                                        It took under 3 minutes and funded with credit card and as long as your in NJ when you can play on your account

                                                        Now in PA and can log in but when I get to game and try to play get warning message out of state and you can be prosecuted for illegal gambling and of course you cannot play

                                                        All geo
                                                        Comment
                                                        • Optional
                                                          Administrator
                                                          • 06-10-10
                                                          • 61680

                                                          #63
                                                          Originally posted by jjgold
                                                          When I lived in NJ and had online casino accounts from Borgata or any other legal place nothing

                                                          They run your SS# and that is it

                                                          It took under 3 minutes and funded with credit card and as long as your in NJ when you can play on your account

                                                          Now in PA and can log in but when I get to game and try to play get warning message out of state and you can be prosecuted for illegal gambling and of course you cannot play

                                                          All geo
                                                          Yeah it's the same for me in Australia. As I am on the electoral roll and can be found other electronic ways by ID Verify agencies. But if I had recently moved and not changed voter info, it would not work that way. And then I'd be asked for ID and selfies and all sorts of stuff. And if there was ever any question about me money laundering or betting fixed matches they could ask me for bank statements, pay slips, proof of income and legally tie my money up indefinitely if I didn't comply.
                                                          .
                                                          Comment
                                                          • Sam Odom
                                                            SBR Aristocracy
                                                            • 10-30-05
                                                            • 58063

                                                            #64
                                                            Exchange Australia with USA








                                                            Comment
                                                            • jjgold
                                                              SBR Aristocracy
                                                              • 07-20-05
                                                              • 388179

                                                              #65
                                                              Sammy comparing Aus gaming to USA is like comparing a child to an 50 year old adult
                                                              It is that different

                                                              USA 100 years away from Aus gaming rules

                                                              Sammy let the pros like myself weigh in on this stuff
                                                              Comment
                                                              • KVB
                                                                SBR Aristocracy
                                                                • 05-29-14
                                                                • 74817

                                                                #66
                                                                Originally posted by jjgold
                                                                There is no KYC in Vegas other than drivers license

                                                                There will be none in NJ either

                                                                Laws set up in USA if your in that state that day you can wager on APP....its all geo location based non residences based
                                                                Try using an app in Laughlin at the Harrah's sportsbook, down on the end of the strip.

                                                                Depending on where you stand, it might think you are in Arizona, even though you're at the book.



                                                                As far as KYC, they will likely force you to surrender all info just to be able to use the app. Like most websites you'll have to create an account and you won't be able to do that without verification.

                                                                Will Hill operates this way in Nevada. You want to wager outside hours, with an app, or at little kiosk, then they will know you.
                                                                Comment
                                                                • jjgold
                                                                  SBR Aristocracy
                                                                  • 07-20-05
                                                                  • 388179

                                                                  #67
                                                                  all you need is ID

                                                                  No utility bills because books can care less nothing works unless your in a legal area

                                                                  Impossible to get around
                                                                  Comment
                                                                  • KVB
                                                                    SBR Aristocracy
                                                                    • 05-29-14
                                                                    • 74817

                                                                    #68
                                                                    Originally posted by jjgold
                                                                    all you need is ID

                                                                    No utility bills because books can care less nothing works unless your in a legal area

                                                                    Impossible to get around
                                                                    Agreed, they want ID and address. ID will likely have your address but you're right, I don't think Will Hill wanted utility bills.

                                                                    This isn't fukkin Disneyland...
                                                                    Comment
                                                                    • Junkyard Dog
                                                                      SBR MVP
                                                                      • 03-12-07
                                                                      • 4552

                                                                      #69
                                                                      borgata taking bets tomorrow..letsgooo
                                                                      Comment
                                                                      • USCPHILLYGUY
                                                                        SBR Posting Legend
                                                                        • 12-15-12
                                                                        • 21746

                                                                        #70
                                                                        Originally posted by Junkyard Dog
                                                                        borgata taking bets tomorrow..letsgooo
                                                                        Confirmed?
                                                                        Comment
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