Twinspires Bites The dust

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  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388208

    #1
    Twinspires Bites The dust
    This is just one usa book that’s going to start closing down in the I read they’re going to a retail business only

    I guess good move
  • Ian
    SBR Hall of Famer
    • 11-09-09
    • 6114

    #2
    Where are you seeing this? Their website doesn't mention it and I can't find any news about this online.
    Comment
    • thomorino
      Restricted User
      • 06-01-17
      • 46053

      #3
      They mostly do horse racing which is a business that takes more in person bets than sports betting businesses, so its not that surprising.
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388208

        #4



        Just three years after launching an online sports betting and casino business in New Jersey under its now-defunct BetAmerica brand, Churchill Downs Inc. CEO Bill Carstanjen said Thursday that the company is exiting the online sports and casino wagering space.

        "We will exit the (business-to-consumer) online wagering space," Carstanjen told investors during a conference call. "This isn't the result we wanted, but it is the prudent next step."
        Comment
        • Waterstpub87
          SBR MVP
          • 09-09-09
          • 4108

          #5
          Didn't 888 sports pull out of NJ too? or was it everywhere it pulled out of. Twinspires was kind of weak.
          Comment
          • jjgold
            SBR Aristocracy
            • 07-20-05
            • 388208

            #6
            I think so

            We will see many many more

            Bet365 will close to in NJ
            Comment
            • stevenash
              Moderator
              • 01-17-11
              • 66060

              #7
              Originally posted by jjgold
              I think so

              We will see many many more

              Bet365 will close to in NJ
              Yep, excluding Las Vegas books, the only two US sports books left standing will be DraftKings, and Fanduel,
              FD and DK have been pointing toward this when FD launched in 2009, and DK in 2012.

              Those two had pretty much a ten year head start on everybody else, everybody else is playing catch up, and never will
              Comment
              • Snowball
                BARRELED IN @ SBR!
                • 11-15-09
                • 30076

                #8
                Horse racing is going to get smaller.
                Comment
                • stevenash
                  Moderator
                  • 01-17-11
                  • 66060

                  #9
                  Originally posted by Snowball
                  Horse racing is going to get smaller.
                  Yeah, it's not yours or mine grandpas game anymore when back in the day they would flock to the Big 'A' on a weekday and draw 24,000 to watch a card loaded with allowance races.

                  Today's racing is all elite now, what I mean is if the race isn't at least a Grade II stakes race, nobody but the hard core race fan is interested.
                  Comment
                  • jjgold
                    SBR Aristocracy
                    • 07-20-05
                    • 388208

                    #10
                    Racing volume still decent

                    Most tracks
                    Will never
                    Close
                    Because cash cow casinos behind them
                    Comment
                    • Snowball
                      BARRELED IN @ SBR!
                      • 11-15-09
                      • 30076

                      #11
                      Originally posted by jjgold
                      Racing volume still decent

                      Most tracks
                      Will never
                      Close
                      Because cash cow casinos behind them
                      They just shut down the track and build more slots and hotels.
                      Comment
                      • Waterstpub87
                        SBR MVP
                        • 09-09-09
                        • 4108

                        #12
                        In NJ, I would estimate that Unibet will close as well. It's another kambi clone, bad lines, site doesn't work well.

                        DK,FD doing well. Caesars will stick around. Wynnbet. Barstool, but just for the name. Sugarhouse. Bet mgm.

                        There are many books that will eventually drop though. There are atleast 15 in NJ. It's too saturated. The books that will drop are the worse ones.
                        Comment
                        • jjgold
                          SBR Aristocracy
                          • 07-20-05
                          • 388208

                          #13
                          Waterman excellent post and dead on
                          Comment
                          • mcaulay777
                            SBR MVP
                            • 09-13-10
                            • 1788

                            #14
                            Here in Iowa they just announced a Purse increase at this horrible track Prairie Meadows which is awful as i said before I've lived here in Iowa since 04 and have been there 4 or five times at best this place stinks the apron is all concrete with just a few benches and tables.Inflation is thru the roof and the casino continues to support the races.IM Surprised no congressman as discussed taking away there welfare and giving the money elsewhere.
                            Comment
                            • False Start
                              SBR High Roller
                              • 12-08-21
                              • 238

                              #15
                              Twinspires today told me they got rid of their $1,000 risk-free play, and now it's measly $100. And in NJ wouldn't even let me play that $100 free play, because the ridiculous software they use said I either go to PA or Mich to wager it. They told me those two states are "universal" log-ins, but NJ is on it's own. They will go under.
                              Even Bet America is NJ was bad.
                              Comment
                              • jjgold
                                SBR Aristocracy
                                • 07-20-05
                                • 388208

                                #16
                                Small places basically going bankrupt
                                Comment
                                • ChuckyTheGoat
                                  BARRELED IN @ SBR!
                                  • 04-04-11
                                  • 38211

                                  #17
                                  Originally posted by jjgold
                                  Small places basically going bankrupt
                                  Goldy, what is your Horse bankroll for this wkend?

                                  And what tracks will you be playing?
                                  Where's the fuckin power box, Carol?
                                  Comment
                                  • ChuckyTheGoat
                                    BARRELED IN @ SBR!
                                    • 04-04-11
                                    • 38211

                                    #18
                                    Goldy, FYI...this forum might be Dead. Father Gold may have to give the Last Rites.
                                    Where's the fuckin power box, Carol?
                                    Comment
                                    • pavyracer
                                      SBR Aristocracy
                                      • 04-12-07
                                      • 82654

                                      #19
                                      I wonder if jjgold will start the last thread before SBR bites the dust when he finds out his paycheck bounced.
                                      Comment
                                      • stevenash
                                        Moderator
                                        • 01-17-11
                                        • 66060

                                        #20
                                        Originally posted by pavyracer
                                        I wonder if jjgold will start the last thread before SBR bites the dust when he finds out his paycheck bounced.
                                        He'll be just fine.
                                        He'll find another lawn to mow or a driveway to plow.
                                        Don't worry about Coach, he's multi talented.
                                        Comment
                                        • jjgold
                                          SBR Aristocracy
                                          • 07-20-05
                                          • 388208

                                          #21
                                          Originally posted by ChuckyTheGoat
                                          Goldy, what is your Horse bankroll for this wkend?

                                          And what tracks will you be playing?
                                          Chucky I am into a new thing with horses

                                          EasyRider turned me onto it

                                          DERBY WARS addicted to site
                                          Comment
                                          • stevenash
                                            Moderator
                                            • 01-17-11
                                            • 66060

                                            #22
                                            Originally posted by jjgold
                                            Chucky I am into a new thing with horses

                                            EasyRider turned me onto it

                                            DERBY WARS addicted to site
                                            I like the ponies, but I don't have the time to handicap the little claiming races and maidens.
                                            I love the prime time races though.
                                            Comment
                                            • chico2663
                                              BARRELED IN @ SBR!
                                              • 09-02-10
                                              • 36993

                                              #23
                                              As long as twin spires keeps horse racing I will be fine.
                                              Comment
                                              • CanuckG
                                                SBR Posting Legend
                                                • 12-23-10
                                                • 21978

                                                #24
                                                Online sports is a low margin business. Very costly to acquire players.

                                                The move makes sense as our retail business is strong. Horse racing also very strong.
                                                Comment
                                                • gauchojake
                                                  BARRELED IN @ SBR!
                                                  • 09-17-10
                                                  • 34131

                                                  #25
                                                  Nucker give us a fukkin winner pal
                                                  Comment
                                                  • mtneer1212
                                                    SBR MVP
                                                    • 06-22-08
                                                    • 4994

                                                    #26
                                                    Originally posted by stevenash
                                                    He'll be just fine.
                                                    He'll find another lawn to mow or a driveway to plow.
                                                    Don't worry about Coach, he's multi talented.
                                                    Coach is in big trouble -- no opportunities for old white men anymore -- must be female, gay, or a minority
                                                    Comment
                                                    • stevenash
                                                      Moderator
                                                      • 01-17-11
                                                      • 66060

                                                      #27
                                                      Originally posted by mtneer1212
                                                      Coach is in big trouble -- no opportunities for old white men anymore -- must be female, gay, or a minority
                                                      Or woke.
                                                      Comment
                                                      • ChuckyTheGoat
                                                        BARRELED IN @ SBR!
                                                        • 04-04-11
                                                        • 38211

                                                        #28
                                                        Originally posted by jjgold
                                                        Chucky I am into a new thing with horses

                                                        EasyRider turned me onto it

                                                        DERBY WARS addicted to site
                                                        Goldy...you know you (WE) have a problem when you're betting Mechanical Horses at the D in Vegas. The old Fitzgeralds (on 2nd floor).

                                                        We started charting horses and running it thru Thorograph. Next time we get out there, we'll play the Mechanical Horses.

                                                        Good Luck. Hope u hit.
                                                        Where's the fuckin power box, Carol?
                                                        Comment
                                                        • CanuckG
                                                          SBR Posting Legend
                                                          • 12-23-10
                                                          • 21978

                                                          #29
                                                          Originally posted by gauchojake
                                                          Nucker give us a fukkin winner pal
                                                          Cuse +7.5
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388208

                                                            #30
                                                            What book is next??
                                                            Comment
                                                            • stevenash
                                                              Moderator
                                                              • 01-17-11
                                                              • 66060

                                                              #31
                                                              Originally posted by jjgold
                                                              What book is next??
                                                              Bet Rivers.
                                                              They wanted in on the Connecticut market here, thought they could play with the big two, only to find out DK and FD are whooping them.
                                                              Comment
                                                              • jjgold
                                                                SBR Aristocracy
                                                                • 07-20-05
                                                                • 388208

                                                                #32
                                                                Rivers spends tons of money adversity

                                                                Pa they hold their own
                                                                Comment
                                                                • Crusherrr
                                                                  SBR MVP
                                                                  • 06-27-16
                                                                  • 3661

                                                                  #33
                                                                  Originally posted by stevenash
                                                                  Bet Rivers.
                                                                  They wanted in on the Connecticut market here, thought they could play with the big two, only to find out DK and FD are whooping them.
                                                                  They do have Sports Haven/Winners locations which helps them out a lot. I've been to Sports Haven a bunch of times and usually lots of guys at the kiosks.
                                                                  Comment
                                                                  • stevenash
                                                                    Moderator
                                                                    • 01-17-11
                                                                    • 66060

                                                                    #34
                                                                    Originally posted by Crusherrr
                                                                    They do have Sports Haven/Winners locations which helps them out a lot. I've been to Sports Haven a bunch of times and usually lots of guys at the kiosks.
                                                                    Haven't been yet.
                                                                    Any good?
                                                                    Comment
                                                                    • pilebuck13
                                                                      SBR Posting Legend
                                                                      • 05-15-15
                                                                      • 17920

                                                                      #35
                                                                      Let’s be realistic here for a minute.
                                                                      Almost everything in all major casinos will go away but slot machines. This dominates all their revenue and it’s not even fukin close…. They will shut down card rooms huge books where they can cram massive amounts of slot machines in. You will be left with a tiny window or kiosk. Slots are king.
                                                                      Comment
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