1. 09-29-12 04:20 PM #1
    Louisvillekid1
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    How much $ Would you need to start a legit book offshore?



    Million?
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  2. 09-29-12 04:22 PM #2
    Pete0
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    10 million, but you will be forced to boot/limit sharp action.

    Its not just about the $. you need the contacts, right personal and ofcourse some man power in the third world countries.
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  3. 09-29-12 04:23 PM #3
    iifold
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    Just buy 5 houses with your million, rent 4 of them out, and bet betpoints...

    Why you want to make things difficult??
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  4. 09-29-12 04:27 PM #4
    FindTheLock
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    this is a good question. I am curious about this myself.
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  5. 09-29-12 04:34 PM #5
    Waterstpub87
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    Some cash, some lines of credit. You could figure out a VAR for your daily handle, and the normally hold period on cash. Most likely operate like banks, holding little cash compared to the deposits, figuring that not everyone would want to cash out at the same time.
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  6. 09-29-12 04:48 PM #6
    JerseyLove
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    Dude you need to be connected think you can go to costa rica and set up shop? If you don't think the mob runs these books you are out of you're dame mind. You would be eaten alive. This is not like starting a restaurant pal. Don't be stupid you and sweep look like you have the iq of Brock landers
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  7. 09-29-12 04:50 PM #7
    Louisvillekid1
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    Could start small, how would you market yourself to get clients?

    Bonuses? Reduced juice?
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  8. 09-29-12 04:51 PM #8
    Louisvillekid1
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    Quote Originally Posted by JerseyLove View Post
    Dude you need to be connected think you can go to costa rica and set up shop? If you don't think the mob runs these books you are out of you're dame mind. You would be eaten alive. This is not like starting a restaurant pal. Don't be stupid you and sweep look like you have the iq of Brock landers
    It's a discussion thread pal, Its not a realistic thing at this point... What's your deal today? Can't pick a winner or just been a while since you got some action...
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  9. 09-29-12 04:52 PM #9
    sneakerhead
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    Quote Originally Posted by Louisvillekid1 View Post
    Could start small, how would you market yourself to get clients?

    Bonuses? Reduced juice?
    Get on SBRs good side lol
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  10. 09-29-12 04:52 PM #10
    PhillyFlyers
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    Be ready to give up your American citizenship.
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  11. 09-29-12 04:55 PM #11
    JerseyLove
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    Quote Originally Posted by Louisvillekid1 View Post
    It's a discussion thread pal, Its not a realistic thing at this point... What's your deal today? Can't pick a winner or just been a while since you got some action...
    Sorry yea haven't got any puss in a little while. Didn't mean to snap sorry my nj brethren
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  12. 09-29-12 04:58 PM #12
    Louisvillekid1
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    All good
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  13. 09-29-12 05:04 PM #13
    Sam Odom
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    creditwagering started with 1,750

    but you asked 'offshore' -nevermind

    and you asked 'legit' - forgetaboutit
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  14. 09-29-12 05:08 PM #14
    Okiejoe
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    Basically most shops down here are agents who had about a 100 guys and they decided to come and set up a credit shop. Post up is relativly new to this industry but i have a friend down here who never spent a dime of his own money and opened up shop and did very well. He got lucky but he had plenty of cash from his credit biz to back it if anything went wrong. He is by far one of the most intelligent bookmakers down here by far. Guys like Ron and Tony arnt actually that smart they just came down at the right time and know how to market better then the rest.
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  15. 09-29-12 05:09 PM #15
    Okiejoe
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    Quote Originally Posted by JerseyLove View Post
    Dude you need to be connected think you can go to costa rica and set up shop? If you don't think the mob runs these books you are out of you're dame mind. You would be eaten alive. This is not like starting a restaurant pal. Don't be stupid you and sweep look like you have the iq of Brock landers
    Mob doesnt run the books down here.
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  16. 09-29-12 05:18 PM #16
    UntilTheNDofTimE
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    Quote Originally Posted by Louisvillekid1 View Post
    Could start small, how would you market yourself to get clients?

    Bonuses? Reduced juice?
    The hardest part is clientel. People believe every new book is a scam. Their isnt much you can offer that the powerhouses dont already own.

    I think the best way to start is through a PPH at a big book like Bookmaker, ppl trust the name. Hell if you bring in enough clientel you could just live off the 25% kick back your getting. In time once you have a big enough pool of people you open your own website. You take your mass clientel with you and no one will then just assume its a scam.
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  17. 09-29-12 05:27 PM #17
    jjgold
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    impossible

    over crowded with mainly garbage books already for usa customers

    Those days are over opening books up
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