If you were to start your own gambling site what model would you choose

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • UntilTheNDofTimE
    SBR Hall of Famer
    • 05-29-08
    • 9285

    #1
    If you were to start your own gambling site what model would you choose
    You can start your own sportsbook. This takes alot of money to get off the ground you got to offer fair lines to match your competition while getting even action to guarentee yourself a profit.

    Or

    You can start your own poker website where you put up absolutely no money you charge service fees for all tournaments and collect rake on all cash games. These poker houses make so much money with no risks that they give awaY hundreds of thousands a day in freerolls and bad beat bonuses. How is this not the perfect business model
  • Reload
    SBR Posting Legend
    • 03-23-08
    • 12250

    #2
    Out of these two, I would start the poker site. If I could include it, I would also include a few sports betting exchange markets on it so that not only the rake from the poker comes in, but some risk-free commissions from players betting against each other on sports. With all of this, money comes in without having to worry about balancing action, line moves, injuries, etc. Later on after enough money comes in, then I would think about opening a more full-fledged sportsbook with reduced juice and the works. By then, enough is saved up so you can afford the risk at making more.
    Comment
    • TheIntegrityKid
      SBR MVP
      • 06-08-09
      • 3063

      #3
      Gotta agree with reload... I'd wanna start off with risk free poker and then transition into a sportsbook/racebook etc...

      BUT how about this idea... Create a Sportsbook, with a Forum like SBR here and the ENTIRE action is set up by users betting each other...

      There's your sportsbook with the guarantee of Poker because you are getting paid on every bet by hosting it...


      Comment
      • TheIntegrityKid
        SBR MVP
        • 06-08-09
        • 3063

        #4
        Originally posted by TheIntegrityKid
        Gotta agree with reload... I'd wanna start off with risk free poker and then transition into a sportsbook/racebook etc...

        BUT how about this idea... Create a Sportsbook, with a Forum like SBR here and the ENTIRE action is set up by users betting each other...

        There's your sportsbook with the guarantee of Poker because you are getting paid on every bet by hosting it...

        call it "Bet Your Friends"

        and every wager is proposed by others sending them to other uses and the book only hosts those wagers and obviously gets their cut...

        i think that'd work...


        Comment
        • KingRevolver
          SBR Hall of Famer
          • 06-05-09
          • 5293

          #5
          Yeah - these poker sites are making a f'ing killing. I should move down with SSLP and start my own goddamn site. The King of Poker - The only one who can beat a royal flush!
          Comment
          • bettilimbroke999
            SBR Posting Legend
            • 02-04-08
            • 13254

            #6
            Either a poker site or online casino, either one is just a license to print money if they are successful, Pokerstars must have a rolling number at their offices for the profits they make and have virtually no expenses.
            Comment
            • TheIntegrityKid
              SBR MVP
              • 06-08-09
              • 3063

              #7
              Originally posted by bettilimbroke999
              Either a poker site or online casino, either one is just a license to print money if they are successful, Pokerstars must have a rolling number at their offices for the profits they make and have virtually no expenses.

              "Bet Your Friends" would be the same thing... albeit with a lil less action..

              but let's say me and you are arguing over a game. I can send you a challenge and we can bet against each other.

              This would work in tandem with each of us playing at other books because you could still bet your 100, 500 or 1k a game or whatever at your book, but then just bet like 20 or 50 vs the guy you are arguing on a forum with...

              This site gets money to host it and we get to have our dispute settled...

              anyone else like this idea?


              Comment
              • bettilimbroke999
                SBR Posting Legend
                • 02-04-08
                • 13254

                #8
                That could be good, kind of an exchange/forum combo. Just from a profit standpoint though the poker rake and online casinos are some of the most profitable businesses online, they have virtually zero expense or employees and rake in profit 24/7
                Comment
                • KingRevolver
                  SBR Hall of Famer
                  • 06-05-09
                  • 5293

                  #9
                  Make a website that gives me 10 million dollars and I will sign up for it. Thanks.
                  Comment
                  • KingRevolver
                    SBR Hall of Famer
                    • 06-05-09
                    • 5293

                    #10
                    Originally posted by bettilimbroke999
                    That could be good, kind of an exchange/forum combo. Just from a profit standpoint though the poker rake and online casinos are some of the most profitable businesses online, they have virtually zero expense or employees and rake in profit 24/7

                    Yes.
                    Comment
                    • TheIntegrityKid
                      SBR MVP
                      • 06-08-09
                      • 3063

                      #11
                      Originally posted by bettilimbroke999
                      That could be good, kind of an exchange/forum combo. Just from a profit standpoint though the poker rake and online casinos are some of the most profitable businesses online, they have virtually zero expense or employees and rake in profit 24/7

                      well yeah... it wont make ANYWHERE near the poker sites running all day... but it would combine owning the sportsbook with the risk free of owning a poker site

                      and the great part of it would be that it could get anyone from any forum to go against each other...

                      heck, it could sponsor EOG vs SBR member contests and games and what not...options are plenty

                      instead of just bragging that your pick hit over the next guys, get PAID from them for it!!!


                      Comment
                      • KingRevolver
                        SBR Hall of Famer
                        • 06-05-09
                        • 5293

                        #12
                        Let's move to Costa Rica, Integrity. SSLPee knows about all this shit! We'll pay him with cigarettes.
                        Comment
                        • TheIntegrityKid
                          SBR MVP
                          • 06-08-09
                          • 3063

                          #13
                          in like 3 years, ima start spamming BetYourFriends or BetTheForum . com threads in here lol


                          Comment
                          • TheIntegrityKid
                            SBR MVP
                            • 06-08-09
                            • 3063

                            #14
                            Originally posted by KingRevolver
                            Let's move to Costa Rica, Integrity. SSLPee knows about all this shit! We'll pay him with cigarettes.


                            Let's do it

                            SSLP = Small Sportsbook, Large Profits


                            Comment
                            • bettilimbroke999
                              SBR Posting Legend
                              • 02-04-08
                              • 13254

                              #15
                              What about all the posters that post losing locks then comeback after the game and say they were reverse jinxing themselves, how would they exist if you knew what bets they made
                              Comment
                              • bettilimbroke999
                                SBR Posting Legend
                                • 02-04-08
                                • 13254

                                #16
                                Bet Your Friends is a great site, incredibly fast payouts and professional customer service, tell your friends about it, I just signed up with them and they are easily the best book in the world.

                                I'm not a shill just a satisfied customer
                                Comment
                                • TheIntegrityKid
                                  SBR MVP
                                  • 06-08-09
                                  • 3063

                                  #17
                                  Originally posted by bettilimbroke999
                                  What about all the posters that post losing locks then comeback after the game and say they were reverse jinxing themselves, how would they exist if you knew what bets they made
                                  time for those posters to man up to their picks... we would only want posters who were willing to back up what they say....after all, those would be the ones that'd ACTUALLY produce action

                                  Originally posted by bettilimbroke999
                                  Bet Your Friends is a great site, incredibly fast payouts and professional customer service, tell your friends about it, I just signed up with them and they are easily the best book in the world.
                                  haha thanks


                                  Comment
                                  • TheIntegrityKid
                                    SBR MVP
                                    • 06-08-09
                                    • 3063

                                    #18
                                    btw, LOVE your avatar btib... i LOVE dr robert anthony.... the man is a fukkin GENIUS


                                    Comment
                                    • KingRevolver
                                      SBR Hall of Famer
                                      • 06-05-09
                                      • 5293

                                      #19
                                      You idiot! Bettilimbroke just stole your idea.

                                      He's probably already looking into everything.
                                      Comment
                                      • TheIntegrityKid
                                        SBR MVP
                                        • 06-08-09
                                        • 3063

                                        #20
                                        Originally posted by KingRevolver
                                        You idiot! Bettilimbroke just stole your idea.

                                        He's probably already looking into everything.

                                        hahahhahahaahhaa wouldn't that be some shit??

                                        then i try and sue him and bring out printed pages of this forum

                                        but hey, if anyone has the necessary to capital to start it, go ahead. just bring me in as a consultant/investor. i have PLENTY of ideas...


                                        Comment
                                        • bettilimbroke999
                                          SBR Posting Legend
                                          • 02-04-08
                                          • 13254

                                          #21
                                          Originally posted by TheIntegrityKid
                                          btw, LOVE your avatar btib... i LOVE dr robert anthony.... the man is a fukkin GENIUS
                                          Thanks man I agree he's a great guy, promotes self-confidence, self-reliance and how to improve your life, I will post his quotes sometime

                                          "Most people would rather be certain they're miserable, than risk being happy."
                                          Comment
                                          • bettilimbroke999
                                            SBR Posting Legend
                                            • 02-04-08
                                            • 13254

                                            #22
                                            Originally posted by KingRevolver
                                            You idiot! Bettilimbroke just stole your idea.

                                            He's probably already looking into everything.

                                            Betyourfriends.com domain is officially for sale
                                            Comment
                                            • TheIntegrityKid
                                              SBR MVP
                                              • 06-08-09
                                              • 3063

                                              #23
                                              Originally posted by bettilimbroke999
                                              Thanks man I agree he's a great guy, promotes self-confidence, self-reliance and how to improve your life, I will post his quotes sometime

                                              "Most people would rather be certain they're miserable, than risk being happy."

                                              oh man... if you start a Robert Anthony thread... im def gonna have to go in there later or tomorrow and post a bunch of my faves too...

                                              the guy is awesome and is the reason im all about positive energy..

                                              he gave away "The Secret" before that even became a thing..


                                              Comment
                                              • TheIntegrityKid
                                                SBR MVP
                                                • 06-08-09
                                                • 3063

                                                #24
                                                Originally posted by bettilimbroke999
                                                Betyourfriends.com domain is officially for sale

                                                yup i saw that too!

                                                we gotta invest...

                                                let's get EVERYONE in the forum to get behind this and we all join in on it and make TONS of cash.. lol


                                                Comment
                                                • bettilimbroke999
                                                  SBR Posting Legend
                                                  • 02-04-08
                                                  • 13254

                                                  #25
                                                  I just checked godaddy out of curiousity and the domain has been taken, ya know with SBR based in Costa Rica it seems like they could offer a gambling side to this forum like that but idk, would be an interesting idea anyway, see everybody fighting to take Dac's bets
                                                  Comment
                                                  • TheIntegrityKid
                                                    SBR MVP
                                                    • 06-08-09
                                                    • 3063

                                                    #26
                                                    haha that'd be awesome if SBR offered something like that for us... that way we could have a bunch of sidebets in here with everyone, all while still playing like normal with our books


                                                    Comment
                                                    • KingRevolver
                                                      SBR Hall of Famer
                                                      • 06-05-09
                                                      • 5293

                                                      #27
                                                      Is that the same author from that book you let me borrow, Integrity?
                                                      Comment
                                                      • TheIntegrityKid
                                                        SBR MVP
                                                        • 06-08-09
                                                        • 3063

                                                        #28
                                                        Originally posted by KingRevolver
                                                        Is that the same author from that book you let me borrow, Integrity?

                                                        Yup..


                                                        Comment
                                                        • KingRevolver
                                                          SBR Hall of Famer
                                                          • 06-05-09
                                                          • 5293

                                                          #29
                                                          Okay. Hahaha. He was alright.
                                                          Comment
                                                          • bettilimbroke999
                                                            SBR Posting Legend
                                                            • 02-04-08
                                                            • 13254

                                                            #30
                                                            I like listening to motivational speakers anyway, who doesn't like to get motivated, even though I've not gone to church in the past few years I turn on Joel Osteen every now and then just for an uplifting message almost no religion other than throwing in that God wants you to be a success so it's more or less just a motivational speech
                                                            Comment
                                                            • TheIntegrityKid
                                                              SBR MVP
                                                              • 06-08-09
                                                              • 3063

                                                              #31
                                                              Originally posted by bettilimbroke999
                                                              I like listening to motivational speakers anyway, who doesn't like to get motivated, even though I've not gone to church in the past few years I turn on Joel Osteen every now and then just for an uplifting message almost no religion other than throwing in that God wants you to be a success so it's more or less just a motivational speech

                                                              There's definitely a Power in Positive Thinking, no matter what you believe...

                                                              Energy is undeniable


                                                              Comment
                                                              • TheIntegrityKid
                                                                SBR MVP
                                                                • 06-08-09
                                                                • 3063

                                                                #32
                                                                King Revolver and I were originals...


                                                                Comment
                                                                • TheIntegrityKid
                                                                  SBR MVP
                                                                  • 06-08-09
                                                                  • 3063

                                                                  #33
                                                                  Originally posted by TheIntegrityKid
                                                                  "Bet Your Friends" would be the same thing... albeit with a lil less action.. but let's say me and you are arguing over a game. I can send you a challenge and we can bet against each other. This would work in tandem with each of us playing at other books because you could still bet your 100, 500 or 1k a game or whatever at your book, but then just bet like 20 or 50 vs the guy you are arguing on a forum with... This site gets money to host it and we get to have our dispute settled... anyone else like this idea?
                                                                  Originally posted by TheIntegrityKid
                                                                  haha that'd be awesome if SBR offered something like that for us... that way we could have a bunch of sidebets in here with everyone, all while still playing like normal with our books

                                                                  This seems to be what is going on now...

                                                                  Damn, Kinger and I really were ORIGINALS...


                                                                  Comment
                                                                  • BGS 9.5
                                                                    SBR MVP
                                                                    • 01-10-08
                                                                    • 4628

                                                                    #34
                                                                    Originally posted by TheIntegrityKid
                                                                    This seems to be what is going on now...

                                                                    Damn, Kinger and I really were ORIGINALS...
                                                                    Neither one of you are anything of the sort, come on man.....
                                                                    Comment
                                                                    • InTheHole
                                                                      SBR Posting Legend
                                                                      • 04-28-08
                                                                      • 15243

                                                                      #35
                                                                      Hats off to SBR Techs for taking your supposed idea and somehow acquiring the software and know-how to implement it in 30 days. You don't know too much about programming and website development, do you?
                                                                      Comment
                                                                      Search
                                                                      Collapse
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...