Congratulations to SBR for selling The Rx for $2M!!!

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  • Roger T. Bannon
    SBR Hall of Famer
    • 06-28-18
    • 5139

    #1
    Congratulations to SBR for selling The Rx for $2M!!!




  • Roger T. Bannon
    SBR Hall of Famer
    • 06-28-18
    • 5139

    #2
    I think SBR's negotiations for The Rx went something like this.

    Hello, SBR we will give you $1 million for The Rx.

    SBR: What???? You've got to be kidding???

    OK, $2 million!!! But that's our final offer!!!

    SBR: SOLD!!!
    Comment
    • Chi_archie
      SBR Aristocracy
      • 07-22-08
      • 63165

      #3
      2.4 Million



      DALLAS, April 9, 2021 /PRNewswire/ -- Overdrive Marketing Inc. has purchased popular online sports wagering portal TheRX.com in a deal worth $2.4 million.

      The acquisition puts us in a strong position to capitalize on the huge potential of the U.S. sports betting industry.

      TheRX.com has operated one of the world's largest sports betting forums since 1995, and it also provides daily sports news, picks and insight.


      Overdrive Marketing Inc. is a Texas-based company that operates OddsTrader.com, a leading platform for U.S. betting odds, stats, live scores and injury reports.

      Timothy Seay, Chief Executive Officer at Overdrive, commented

      "The acquisition of TheRX.com puts us in a strong position to capitalize on the huge potential of the burgeoning U.S. sports betting industry.
      Comment
      • RudyRuetigger
        SBR Aristocracy
        • 08-24-10
        • 65084

        #4
        wow


        wouldnt have expected that
        Comment
        • RudyRuetigger
          SBR Aristocracy
          • 08-24-10
          • 65084

          #5
          do we all get raises to 14 points per day???
          Comment
          • Chi_archie
            SBR Aristocracy
            • 07-22-08
            • 63165

            #6
            Originally posted by RudyRuetigger
            do we all get raises to 14 points per day???
            my first thought was that if they are selling, we might be see Store prices go up

            hurting for cash?


            or just decided they didn't have the ability to grow that site and evolve to meet the new market needs of increasingly legalized gambling.

            gotta be some changes in marketing and forward facing product to adapt one way or another.

            Is SBR nimble and agile enough to stay relevant?
            Comment
            • Roger T. Bannon
              SBR Hall of Famer
              • 06-28-18
              • 5139

              #7
              SBR put very little effort into that site. The Rx Drew tried giving away free money over there and could not get anybody to take it and gave up.
              Comment
              • KnuckleHeadz
                SBR Hall of Famer
                • 12-11-19
                • 8194

                #8
                Word is Bitchered negotiated the deal
                Comment
                • RudyRuetigger
                  SBR Aristocracy
                  • 08-24-10
                  • 65084

                  #9
                  i just dont see why that site would attract new posters


                  its name is therx....hardly sports related
                  Comment
                  • Roger T. Bannon
                    SBR Hall of Famer
                    • 06-28-18
                    • 5139

                    #10
                    Apparently they are going to tear it down and rebuild it and focus on US gambling. That is the speculation anyway. If I were them, I would delete all the posters.
                    Comment
                    • RudyRuetigger
                      SBR Aristocracy
                      • 08-24-10
                      • 65084

                      #11
                      they had to buy the posters, why would they buy the name therx?


                      atleast most other forums have a gambling related name


                      2.4million seems like a great deal for sbr
                      Comment
                      • Roger T. Bannon
                        SBR Hall of Famer
                        • 06-28-18
                        • 5139

                        #12
                        Don't know. People seem to think it is a great name and you can sell it. But who has bought except for these dopes and SBR on the cheap?

                        The Gambling Forum is a lot better name and they could literally not even give that place away.
                        Comment
                        • RudyRuetigger
                          SBR Aristocracy
                          • 08-24-10
                          • 65084

                          #13
                          how about uglyluck.com


                          is bobby selling that for 2.4million as well????
                          Comment
                          • Chi_archie
                            SBR Aristocracy
                            • 07-22-08
                            • 63165

                            #14
                            when you google things like sports betting forums The Rx comes up pretty high

                            page visits come more from other parts of the site, other than forum. articles, tools, ratings, ect

                            but getting existing visits and members to look into OddsTrader will be the big push as they adapt


                            they should get Loshak and a few other gambling names to start producing video content to bring in the new expanding customer base, looking for info on games and fantasy to bet that night.
                            Comment
                            • gauchojake
                              BARRELED IN @ SBR!
                              • 09-17-10
                              • 34109

                              #15
                              Is HMan part of the deal or do we keep him???
                              Comment
                              • dustyy
                                SBR MVP
                                • 12-08-17
                                • 2459

                                #16
                                Buyer:

                                Comment
                                • Roger T. Bannon
                                  SBR Hall of Famer
                                  • 06-28-18
                                  • 5139

                                  #17
                                  Well that is interesting. The guy is a doctor so he does probably think he can sell it to a pharma company for big bucks if it does not work out.
                                  Comment
                                  • jjgold
                                    SBR Aristocracy
                                    • 07-20-05
                                    • 388179

                                    #18
                                    That was a great move getting rid of that it had no upside and it was on the decline
                                    Comment
                                    • Roger T. Bannon
                                      SBR Hall of Famer
                                      • 06-28-18
                                      • 5139

                                      #19
                                      Hopefully, they will give away some money when football season comes around and they have their fancy new site up.
                                      Comment
                                      • Ian
                                        SBR Hall of Famer
                                        • 11-09-09
                                        • 6071

                                        #20
                                        Wow. Congrats, SBR.
                                        Comment
                                        • vitterd
                                          Restricted User
                                          • 09-14-17
                                          • 58460

                                          #21
                                          That site was dead when sbr bought it. It was literally knuckleheadz with 22 ghost accounts talking to himself.
                                          Comment
                                          • Jayvegas420
                                            BARRELED IN @ SBR!
                                            • 03-09-11
                                            • 28213

                                            #22
                                            Reminds me of your picks thread
                                            Comment
                                            • kyhawk
                                              SBR MVP
                                              • 06-21-08
                                              • 1012

                                              #23
                                              I hope some of that money goes to the family of the founder, that wacko psychiatrist who killed himself and his wife.
                                              Comment
                                              • Chi_archie
                                                SBR Aristocracy
                                                • 07-22-08
                                                • 63165

                                                #24
                                                Originally posted by kyhawk
                                                I hope some of that money goes to the family of the founder, that wacko psychiatrist who killed himself and his wife.
                                                No he sold it like 2 decades ago
                                                Comment
                                                • pologq
                                                  SBR Posting Legend
                                                  • 10-07-12
                                                  • 19899

                                                  #25
                                                  i dont much about the rx, only heard if it here and there. i agree with rudy that the name is a little strange for sports betting.
                                                  Comment
                                                  • jjgold
                                                    SBR Aristocracy
                                                    • 07-20-05
                                                    • 388179

                                                    #26
                                                    USa Gambling portals are over flooded too

                                                    Too many sites set up with odds and affiliate links

                                                    Not going to dent it
                                                    Comment
                                                    • Chi_archie
                                                      SBR Aristocracy
                                                      • 07-22-08
                                                      • 63165

                                                      #27
                                                      Originally posted by pologq
                                                      i dont much about the rx, only heard if it here and there. i agree with rudy that the name is a little strange for sports betting.

                                                      Started by a guy that nicknamed himself the shrink, went to med school but flunked all the boards to actually become a psychiatrist.

                                                      One of the first online gambling sites, he'd been doing a newsletter.

                                                      At its height he was making millions a year on new sign up sheets with offshore books and advertising.

                                                      Sold it for a few milluon and opened up the EOG site and did it again.

                                                      Can't believe whomever bought the rx didnt think to do a non compete clause. Of course all Ken's friends and posters followed him to new site
                                                      Comment
                                                      • Jayvegas420
                                                        BARRELED IN @ SBR!
                                                        • 03-09-11
                                                        • 28213

                                                        #28
                                                        Does Rx have poker?
                                                        Comment
                                                        • vitterd
                                                          Restricted User
                                                          • 09-14-17
                                                          • 58460

                                                          #29
                                                          Originally posted by Jayvegas420
                                                          Reminds me of your picks thread
                                                          You are in there all day, every day. Best thread at sbr. We are even getting video reveals( as scary as they may be)
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #30
                                                            Shrink was a massive stiff
                                                            Comment
                                                            • LongBall52
                                                              SBR MVP
                                                              • 06-14-20
                                                              • 1319

                                                              #31
                                                              Originally posted by pologq
                                                              i dont much about the rx, only heard if it here and there. i agree with rudy that the name is a little strange for sports betting.
                                                              It is a strange name, but the original owner Ken, what's his name was a make believe MD. He actually never passed the boards, but was at one time working in the role of a shrink...How he met his wife I understand. A genius and a nut case.
                                                              Comment
                                                              • Chi_archie
                                                                SBR Aristocracy
                                                                • 07-22-08
                                                                • 63165

                                                                #32
                                                                I hear they are looking to pivot to cash in on the big puzzle completion gambling craze
                                                                Comment
                                                                • King Mayan
                                                                  SBR Posting Legend
                                                                  • 09-22-10
                                                                  • 21326

                                                                  #33
                                                                  There wasn’t enough file clerks
                                                                  Comment
                                                                  • Mr. Teaser
                                                                    SBR MVP
                                                                    • 08-16-09
                                                                    • 1668

                                                                    #34
                                                                    I believe they were once at theprescription.com but sold that address years ago.
                                                                    Comment
                                                                    • Roger T. Bannon
                                                                      SBR Hall of Famer
                                                                      • 06-28-18
                                                                      • 5139

                                                                      #35
                                                                      I'm just relieved to know SBR can afford Le Martin. I would put half of it toward a long-term deal at least until she is 32.
                                                                      Comment
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