I honestly don't know how the offshore books are going to get new players

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  • A Quant
    SBR MVP
    • 05-14-18
    • 1357

    #1
    I honestly don't know how the offshore books are going to get new players
    With all the states lining up, and pretty much all of them are going to have a mobile platform.

    So, for the rec bettor- the square, the guy who every book wants, how can the offshore books attract those kinds of guys when it will be so easy to make a bet stateside.

    No buying bitcoin, no setting up bitcoin wallets, no getting nervous if by some dumb luck his balance starts to creep up.

    The offshore books are left with trying to hold on to their current customers, forget growing. I'd expect very shortly the big offshore ops will survive out of habit, but the smaller books are done.
  • Sam Losco
    SBR MVP
    • 12-03-16
    • 3858

    #2
    they wont get rec players right away, but over time people will still chase bonuses/better odds. also you have potential limit restrictions

    very possible offshore could get hit hard, but we have to see how all the different states decide to set books up
    Comment
    • patswin
      SBR MVP
      • 09-05-06
      • 1794

      #3
      offshore will still have its customers. I would not be surprised to see some start offering reduced juice as a way to attract and keep customers.
      IF the some states end up with vig higher than -110 I would still play offshore. I like my outs I have now, why change unless the new "legal" books have something to offer
      Comment
      • shocka1212
        SBR Posting Legend
        • 10-06-12
        • 16788

        #4
        they won't have to do much when people realize how much vig they're paying.
        Comment
        • Hman
          SBR Posting Legend
          • 11-04-17
          • 21429

          #5
          All 3 posts above good points
          Comment
          • 5mike5
            SBR Aristocracy
            • 09-21-11
            • 52032

            #6
            Yeah cause paying more juice and much less betting options are somehow good thing. Lol

            Offshore will always be king
            Comment
            • A Quant
              SBR MVP
              • 05-14-18
              • 1357

              #7
              Originally posted by patswin
              offshore will still have its customers. I would not be surprised to see some start offering reduced juice as a way to attract and keep customers.
              IF the some states end up with vig higher than -110 I would still play offshore. I like my outs I have now, why change unless the new "legal" books have something to offer
              That's a good point.

              But will the rec guy think a few cents is worth all the hoops (Deposits/Payments)?

              I don't think so. Think about it, how many rec guys actually shop for the best number? Few if any. They want their parlay, their teaser, and don't understand value or even consider shopping for numbers.
              Comment
              • A Quant
                SBR MVP
                • 05-14-18
                • 1357

                #8
                Originally posted by 5mike5
                Yeah cause paying more juice and much less betting options are somehow good thing. Lol

                Offshore will always be king
                Convenience will win. It always does. Look at the numbers Jersey and Delaware are posting after just weeks. Wait til football season.
                Comment
                • Hman
                  SBR Posting Legend
                  • 11-04-17
                  • 21429

                  #9
                  It is my belief that moving money to & from offshore might get easier again in time.

                  The longer legal books are around, the more options to fund & withdraw will become available.

                  Offshore books will find ways to use this to their advantage.
                  Comment
                  • 5mike5
                    SBR Aristocracy
                    • 09-21-11
                    • 52032

                    #10
                    Originally posted by A Quant
                    That's a good point.

                    But will the rec guy think a few cents is worth all the hoops (Deposits/Payments)?

                    I don't think so. Think about it, how many rec guys actually shop for the best number? Few if any. They want their parlay, their teaser, and don't understand value or even consider shopping for numbers.
                    Maybe to the $10 bettor that plays once a week. But nobody else. I can get paid just as fast at home

                    Guess its just personal choice like everything, but I just dont see a single better thing offered in states compared to offshore
                    Comment
                    • shocka1212
                      SBR Posting Legend
                      • 10-06-12
                      • 16788

                      #11
                      Originally posted by 5mike5
                      Yeah cause paying more juice and much less betting options are somehow good thing. Lol

                      Offshore will always be king
                      not to mention having to deal with the Sasquatch assholes they usually have at the ticket window
                      Comment
                      • daneblazer
                        BARRELED IN @ SBR!
                        • 09-14-08
                        • 27861

                        #12
                        Offshore will still have its place, but let’s be real, casual bettor isn’t going to go through the hassle of depositing online then set up a bitcoin wallet, get a check from the phillipines, or get $ wired. They want to place a bet and cash out then and there.

                        Look at poker. There are still online players but it’s mostly die hards.
                        Comment
                        • 5mike5
                          SBR Aristocracy
                          • 09-21-11
                          • 52032

                          #13
                          Poker and betting are completely diff animals
                          Comment
                          • A Quant
                            SBR MVP
                            • 05-14-18
                            • 1357

                            #14
                            Originally posted by shocka1212
                            not to mention having to deal with the Sasquatch assholes they usually have at the ticket window
                            If there is a mobile app-- that takes away the ticket window.
                            Comment
                            • 5mike5
                              SBR Aristocracy
                              • 09-21-11
                              • 52032

                              #15
                              Originally posted by daneblazer
                              Offshore will still have its place, but let’s be real, casual bettor isn’t going to go through the hassle of depositing online then set up a bitcoin wallet, get a check from the phillipines, or get $ wired. They want to place a bet and cash out then and there.

                              Look at poker. There are still online players but it’s mostly die hards.
                              U mean the one time 3 min process it takes to set up a wallet. Lol. Takes longer to go get that ticket cashed at a book
                              Comment
                              • daneblazer
                                BARRELED IN @ SBR!
                                • 09-14-08
                                • 27861

                                #16
                                Premise is the same. If it’s difficult to move money on and off the casual players will gravitate to where it’s easier. They don’t care about juice.

                                Offshore will still have US players. More experienced players and from states with no sports betting or places where you’d have to drive from afar. Like someone who lives an hour away from the casino isn’t going to drive there on a whim to play a small bet on the 7:00 game after work. They’ll just as soon set up on online account
                                Comment
                                • daneblazer
                                  BARRELED IN @ SBR!
                                  • 09-14-08
                                  • 27861

                                  #17
                                  Originally posted by 5mike5
                                  U mean the one time 3 min process it takes to set up a wallet. Lol. Takes longer to go get that ticket cashed at a book
                                  A lot of people don’t understand it or are hesitant/don’t trust ewallets. I was explaining the process to a friend and i might as well been going over calculus equations.
                                  Comment
                                  • A Quant
                                    SBR MVP
                                    • 05-14-18
                                    • 1357

                                    #18
                                    Originally posted by 5mike5
                                    Maybe to the $10 bettor that plays once a week. But nobody else. I can get paid just as fast at home

                                    Guess its just personal choice like everything, but I just dont see a single better thing offered in states compared to offshore
                                    My post is about growing a customer base, recruiting new players.

                                    I agree with you, there are some offshore players that prefer it, they are used to it, they know how to do it, and it works well for them. That is why I believe the larger ops will survive.

                                    Every business model depends on growth and I can not for the life of me see how the offshore industry is going to grow with this competition.

                                    I'm wrong a lot. Maybe I am wrong here. But I think when sports betting settles into our culture over the next few years, the ease of which we can bet will make it difficult for the offshores.
                                    Comment
                                    • 5mike5
                                      SBR Aristocracy
                                      • 09-21-11
                                      • 52032

                                      #19
                                      Good post hopefully they both get better for us all
                                      Comment
                                      • A Quant
                                        SBR MVP
                                        • 05-14-18
                                        • 1357

                                        #20
                                        Originally posted by daneblazer
                                        A lot of people don’t understand it or are relevant/don’t trust ewallets. I was explaining the process to a friend and i might as well been going over calculus equations.
                                        Exactly. I have a few guys I golf with who bitch about it the same way, '"too much of a pain in the ass", and additionally, some people have a built in distrust of bitcoin, even though for depositing its obviously safe. But they have either read/heard that something bad about bitcoin and will say, "that's a scam".
                                        Comment
                                        • A Quant
                                          SBR MVP
                                          • 05-14-18
                                          • 1357

                                          #21
                                          Originally posted by 5mike5
                                          Good post hopefully they both get better for us all
                                          That is perfectly summed up.

                                          Hopefully the competition makes all the operations better for us, the players.
                                          Comment
                                          • jjgold
                                            SBR Aristocracy
                                            • 07-20-05
                                            • 388179

                                            #22
                                            Always a market

                                            You guys are forgetting offshore caters to the world not one state
                                            Comment
                                            • A Quant
                                              SBR MVP
                                              • 05-14-18
                                              • 1357

                                              #23
                                              Originally posted by jjgold
                                              Always a market

                                              You guys are forgetting offshore caters to the world not one state
                                              You're never going to stop, huh?
                                              Comment
                                              • capitalist pig
                                                SBR MVP
                                                • 01-25-07
                                                • 4998

                                                #24
                                                It all comes down to getting $ in and out, if offshore could figure a way out to let people get their $ in and out without having to send in absurd amounts of documents, deal with btc, deal with people who may or may not speak your language,it might hold on in the states.

                                                I drove 3 hours to Biloxi two weekends ago made a few wagers and am going back tomorrow to cash in a ticket and place some more wagers. I’d sooner drive spend the night at the gaming tables and have a fun weekend rather than deal with payout hassles and btc. I’m pretty sure 99% of the general wagering public agrees with me

                                                I get it though for the guys who have to wager every day, you need offshore but for the rest of us we really don’t JMO

                                                later
                                                Comment
                                                • Sam Odom
                                                  SBR Aristocracy
                                                  • 10-30-05
                                                  • 58063

                                                  #25
                                                  cap pig



                                                  ??
                                                  Comment
                                                  • k13
                                                    SBR Posting Legend
                                                    • 07-16-10
                                                    • 18104

                                                    #26
                                                    Most books don't take US players anyway.

                                                    Makes no difference.
                                                    Comment
                                                    • Sam Odom
                                                      SBR Aristocracy
                                                      • 10-30-05
                                                      • 58063

                                                      #27
                                                      Comment
                                                      • RudyRuetigger
                                                        SBR Aristocracy
                                                        • 08-24-10
                                                        • 65084

                                                        #28
                                                        Originally posted by A Quant
                                                        With all the states lining up, and pretty much all of them are going to have a mobile platform.

                                                        So, for the rec bettor- the square, the guy who every book wants, how can the offshore books attract those kinds of guys when it will be so easy to make a bet stateside.

                                                        No buying bitcoin, no setting up bitcoin wallets, no getting nervous if by some dumb luck his balance starts to creep up.

                                                        The offshore books are left with trying to hold on to their current customers, forget growing. I'd expect very shortly the big offshore ops will survive out of habit, but the smaller books are done.
                                                        i covered this multiple times in the past
                                                        Comment
                                                        • swordsandtequila
                                                          SBR Hall of Famer
                                                          • 02-23-12
                                                          • 9757

                                                          #29
                                                          Until present and future US books offer the same markets for soccer as the Euro/Asian books there will always be offshore. Obviously football/basketball/baseball dwarf soccer in terms of handle in American casinos, but worldwide it's a different story. There's games damn near every day, the major European leagues all have a presence on network tv, ESPN+ has streaming rights to Serie A. Somebody's watching, makes sense some of those are betting. I go to Vegas in the fall during football season, I still bet online for soccer. No reason onshore/offshore can't coexist.
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #30
                                                            Funny thread
                                                            Comment
                                                            • KVB
                                                              SBR Aristocracy
                                                              • 05-29-14
                                                              • 74817

                                                              #31
                                                              Originally posted by jjgold
                                                              Funny thread

                                                              Strange, the largest books in the world, and tons of smaller ones, do not rely on the US customer base.

                                                              In fact, some books will be glad to shed some of the small high maintenance accounts.

                                                              Online gambling will continue to grow.
                                                              Comment
                                                              • USCPHILLYGUY
                                                                SBR Posting Legend
                                                                • 12-15-12
                                                                • 21746

                                                                #32
                                                                Originally posted by Hman
                                                                It is my belief that moving money to & from offshore might get easier again in time.

                                                                The longer legal books are around, the more options to fund & withdraw will become available.

                                                                Offshore books will find ways to use this to their advantage.
                                                                Hman not sure if it was you, Tony or Drew but it was mentioned that offshore really never saw this day coming and had no plan moving forward. Listened to an interesting interview with the SB manager at the westgate and their desire to expand to other states. They claim they have been planning this for 5 years. Why do you think offshore has been so complacent
                                                                Comment
                                                                • jtoler
                                                                  BARRELED IN @ SBR!
                                                                  • 12-17-13
                                                                  • 30967

                                                                  #33
                                                                  guess taxing 33% wasnt enough they want americans broke as a joke
                                                                  Comment
                                                                  • ans61201
                                                                    SBR MVP
                                                                    • 10-11-15
                                                                    • 3661

                                                                    #34
                                                                    Originally posted by capitalist pig
                                                                    It all comes down to getting $ in and out, if offshore could figure a way out to let people get their $ in and out without having to send in absurd amounts of documents, deal with btc, deal with people who may or may not speak your language,it might hold on in the states.

                                                                    I drove 3 hours to Biloxi two weekends ago made a few wagers and am going back tomorrow to cash in a ticket and place some more wagers. I’d sooner drive spend the night at the gaming tables and have a fun weekend rather than deal with payout hassles and btc. I’m pretty sure 99% of the general wagering public agrees with me

                                                                    I get it though for the guys who have to wager every day, you need offshore but for the rest of us we really don’t JMO

                                                                    later

                                                                    The guys saying different are mostly misinformed or don’t want the way they do things changed so they want to talk offshore remaining king into existence, but It’s not the case. You look at the customer, you look at what’s more important to more of the customers and it’s so completely obvious.

                                                                    So many people on this very small site don’t realize how minuscule of the gambling population they represent.
                                                                    Comment
                                                                    • danshan11
                                                                      SBR MVP
                                                                      • 07-08-17
                                                                      • 4101

                                                                      #35
                                                                      I personally like to sit in the book, look at hot ass waitresses and drink a few, watch some sportscenter and place some bets, that to me is king, but to make money I need low vig and any -110 crap, I never understood how they stayed in business anyway, people who bet everyday come here and say bookmaker, betonline and others and I am like what? I have a proxy for pinnacle and bet nearly every single bet at pinnacle only exception sometimes heritage has a better line and of course I beat the shit out of betonlines day before everyone openers for 250 a pop for fun!
                                                                      Comment
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