SBR must be losing money on the points system

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  • PureGuava
    SBR MVP
    • 04-26-08
    • 1294

    #1
    SBR must be losing money on the points system
    I am thinking there are some people hitting the points book hard. It's alot easier to keep betting points then actual cash. It's also easy to make a bunch of parlays that pay out big, knowing that if you lose it's just points.

    They might be giving out more then they are taking in.
  • PureGuava
    SBR MVP
    • 04-26-08
    • 1294

    #2
    If I like a dog that is +300 I would be hesitant to lay $1000 on it. But laying 1000 point down is not a big deal.

    I assume there are people who are just doubling up a bunch and hitting nice parlays.
    Comment
    • THE PROFIT
      SBR Posting Legend
      • 11-27-09
      • 17701

      #3
      I don't think they are. I don't know what the reason behind cuttin us a point is, why won't someone from the forum give an explaination
      Comment
      • tblues2005
        SBR Hall of Famer
        • 07-30-06
        • 9235

        #4
        That is what happens when you make it 5 point min. per a wager on the sports book. If they would have kept parlays at 1 min. then it would have not been as bad as a few of us will try a few of them 7 and 8 team parlays. I am sure not going to wager 5 on a parlay for that many teams. I say good and it hurt them a little. We must be having some sharp players also that is wagering this also.
        Comment
        • PureGuava
          SBR MVP
          • 04-26-08
          • 1294

          #5
          It has to be happening if they are cutting down 1 point.

          I take myself as an example. I am a small time player but this past weekend I had won a contest SBR held and won 600 points. I went all in on the Jets ML, then went all in on the Cowboys spread and ended up with almost 3000 points.

          I would of never done this had I deposited $600 at a book.
          Comment
          • Shortstop
            BARRELED IN @ SBR!
            • 01-02-09
            • 27281

            #6
            Good point tblues. They should get rid of the minimum 5 point wager.
            Comment
            • PureGuava
              SBR MVP
              • 04-26-08
              • 1294

              #7
              and with so many points you can create hundreds of crazy parlays for only a few points that pay out huge.

              you can place like 200 crazy parlays at 5 points each, whcih would be 1000 points, but if you are lucky and that 1 parlay out of 200 hits it could pay out a few thousand points points.
              Comment
              • DarkMage
                SBR Wise Guy
                • 05-20-09
                • 736

                #8
                you guys are reading to much into a 1 point reduction in the daily "Welfare"

                If SBR was really hurting they would...

                1. Reduce contests dramatically.

                2. Ban Player Sportsbooks so you could only use SBR's Sportsbook.

                3. Increase price of items at the store(esp. Freeplays)

                4. Start screwing around with the rules/odds in the sportsbook.

                When they start doing those things then they are in trouble, a reduction of 1 point is no big deal.
                Comment
                • tblues2005
                  SBR Hall of Famer
                  • 07-30-06
                  • 9235

                  #9
                  Your right Shortstop they should take my advise on this with parlays of 2 or more and teasers that are 3 or more. I wish they would listen to me on this. I am sure not going to play any of these larger parlays of 3 or more with 5 as a min. for sure when this happened anyway. I hope that plenty of others are doing the same. They will get the message on it soon. I thought it was not smart to do that with parlays and those teasers. I am happy that they lost on it and I hope it happens again this weekend also.
                  Comment
                  • tblues2005
                    SBR Hall of Famer
                    • 07-30-06
                    • 9235

                    #10
                    Originally posted by DarkMage
                    you guys are reading to much into a 1 point reduction in the daily "Welfare"

                    If SBR was really hurting they would...

                    1. Reduce contests dramatically.

                    2. Ban Player Sportsbooks so you could only use SBR's Sportsbook.

                    3. Increase price of items at the store(esp. Freeplays)

                    4. Start screwing around with the rules/odds in the sportsbook.

                    When they start doing those things then they are in trouble, a reduction of 1 point is no big deal.
                    Those contests are not going to be reduced anytime soon I believe.

                    I sure don't see Player Sportsbooks as an issue also.

                    I can see the items at the store being increased next if they are really hurting.

                    They could do that with the odds in the sports book possibly. I seriously doubt that.
                    Comment
                    • Shortstop
                      BARRELED IN @ SBR!
                      • 01-02-09
                      • 27281

                      #11
                      Originally posted by PureGuava
                      and with so many points you can create hundreds of crazy parlays for only a few points that pay out huge.

                      you can place like 200 crazy parlays at 5 points each, whcih would be 1000 points, but if you are lucky and that 1 parlay out of 200 hits it could pay out a few thousand points points.
                      You're right. Over in the Points Forum a couple of posters showed that they hit some crazy parlays that paid out like 300 or 400 points on a 7 or 8 point wager and pavyracer hit one the other day for like 1500 points or more.
                      Comment
                      • SBR_John
                        SBR Posting Legend
                        • 07-12-05
                        • 16471

                        #12
                        Originally posted by tblues2005
                        Those contests are not going to be reduced anytime soon I believe.

                        I sure don't see Player Sportsbooks as an issue also.

                        I can see the items at the store being increased next if they are really hurting.

                        They could do that with the odds in the sports book possibly. I seriously doubt that.
                        ThePrick contest is going from $82,000 given out in 09 to $140,000 this year. These contests kind of build up as they become more popular. The more popular to sponsors the bigger they will get.

                        Some one asked if SBR could explain the 1 point adjustment. I would if I knew. But I will say it is a very expensive program. Keep in mind it is very new too. When you plan something like this you end up making some best guesses to certain variables. Then you run it in real life and maybe your sportsbook does not live up to its expected number and a tweak is needed. The bean counters at SBR probably need to realize that sportsbooks can perform poorly over a couple of months stretch but at the end of the year the numbers will work out in the wash. Assuming of course they can run a book properly. The whole program just needs a bit more time.
                        Comment
                        • jjgold
                          SBR Aristocracy
                          • 07-20-05
                          • 388179

                          #13
                          SBR Sportsbook is getting lots of action, it is quite amazing actually, what a great idea!!!
                          Comment
                          • JohnAnthony
                            SBR Hall of Famer
                            • 04-30-09
                            • 5110

                            #14
                            I agree with the points DarkMage presented, I just believe more restrictions are coming up. In SBR's opinion, people under-value their points.

                            and I just got six for logging in + posting??
                            "I have never seen a wild thing feel sorry for itself. A little bird will fall dead, frozen from a bough, without ever having felt sorry for itself."

                            - D.H. Lawrence
                            Comment
                            • pavyracer
                              SBR Aristocracy
                              • 04-12-07
                              • 82896

                              #15
                              Points book is getting killed with sharp action.
                              Comment
                              • Shortstop
                                BARRELED IN @ SBR!
                                • 01-02-09
                                • 27281

                                #16
                                Originally posted by pavyracer
                                Points book is getting killed with sharp action.
                                Comment
                                • jgray
                                  SBR MVP
                                  • 09-06-09
                                  • 3599

                                  #17
                                  Originally posted by DarkMage
                                  you guys are reading to much into a 1 point reduction in the daily "Welfare"

                                  If SBR was really hurting they would...

                                  1. Reduce contests dramatically.

                                  2. Ban Player Sportsbooks so you could only use SBR's Sportsbook.

                                  3. Increase price of items at the store(esp. Freeplays)

                                  4. Start screwing around with the rules/odds in the sportsbook.

                                  When they start doing those things then they are in trouble, a reduction of 1 point is no big deal.
                                  I think you are wrong on your second point. The key here is limiting exposure. If players are only betting points with each other, the forum's exposure doesn't change boyond the daily payment. One player win and another loses. The total outstanding points does not change. By creating a sportsbook, SBR has created a situation where its exposure is limited only to a player's ability to cap or his/her luck. If a player wins more total points are added to pot.

                                  Your 4th point might go a long way to explain the blackjack threads.
                                  Comment
                                  • G's pks
                                    Restricted User
                                    • 01-01-09
                                    • 22251

                                    #18
                                    Originally posted by CrazyLou
                                    Actually the daily points aren't being decreased, it was just a configuration error I made. The system is being upgraded to require 3 posts for your daily 4 points. It's back to 4pts now and will require 3 posts soon.

                                    Edit-



                                    wrong again boys...
                                    Comment
                                    • Brock Landers
                                      SBR Aristocracy
                                      • 06-30-08
                                      • 45359

                                      #19
                                      so what is it, 3 points or 4 points a day?
                                      Comment
                                      • tonyhomo
                                        SBR Wise Guy
                                        • 01-10-10
                                        • 749

                                        #20
                                        only got 5 points today
                                        Comment
                                        • G's pks
                                          Restricted User
                                          • 01-01-09
                                          • 22251

                                          #21
                                          Originally posted by Brock Landers
                                          so what is it, 3 points or 4 points a day?
                                          Brock you seem quite intelligent...read the post one above yours....seems very easy to read.
                                          Comment
                                          • SBR_John
                                            SBR Posting Legend
                                            • 07-12-05
                                            • 16471

                                            #22
                                            Originally posted by G's pks
                                            Brock you seem quite intelligent...read the post one above yours....seems very easy to read.
                                            So 4 points for 3 posts and 2 points for logging in? If a guy makes 2 posts I guess he just gets the 2 points for logging in.
                                            Comment
                                            • G's pks
                                              Restricted User
                                              • 01-01-09
                                              • 22251

                                              #23
                                              Originally posted by SBR_John
                                              So 4 points for 3 posts and 2 points for logging in? If a guy makes 2 posts I guess he just gets the 2 points for logging in.
                                              Yes that sounds like what Lou is saying... Guess we have so many ghosting that it is easy to log in for a sec pick up points and run to casino...
                                              Comment
                                              • SBR_John
                                                SBR Posting Legend
                                                • 07-12-05
                                                • 16471

                                                #24
                                                Well ok. If guys are making weak posts because they just dont have any material to make 3 posts maybe Lou can look at trying 2 posts instead of 3. We do NOT want clutter posts.
                                                Comment
                                                • MSRP Matt
                                                  SBR Rookie
                                                  • 01-04-10
                                                  • 33

                                                  #25
                                                  I am fine either way. Great forum SBR!
                                                  sbr
                                                  Comment
                                                  • Boner_18
                                                    SBR Hall of Famer
                                                    • 08-24-08
                                                    • 8301

                                                    #26
                                                    Originally posted by jgray
                                                    I think you are wrong on your second point. The key here is limiting exposure. If players are only betting points with each other, the forum's exposure doesn't change boyond the daily payment. One player win and another loses. The total outstanding points does not change. By creating a sportsbook, SBR has created a situation where its exposure is limited only to a player's ability to cap or his/her luck. If a player wins more total points are added to pot.

                                                    Your 4th point might go a long way to explain the blackjack threads.
                                                    True. But to some extent, at least I think/hope, the points bookies are laying off action in a smart way to the SBR book...
                                                    Comment
                                                    • poker_dummy101
                                                      Restricted User
                                                      • 11-03-08
                                                      • 6395

                                                      #27
                                                      Originally posted by SBR_John
                                                      We do NOT want clutter posts.

                                                      Unfortunately, its too late for this.
                                                      Comment
                                                      • SBR Lou
                                                        BARRELED IN @ SBR!
                                                        • 08-02-07
                                                        • 37863

                                                        #28
                                                        Originally posted by G's pks
                                                        Yes that sounds like what Lou is saying... Guess we have so many ghosting that it is easy to log in for a sec pick up points and run to casino...
                                                        Originally posted by MSRP Matt
                                                        I am fine either way. Great forum SBR!
                                                        Thanks guys. I know reading some of the spam gets tiring for you, posters are free to post in the manner they choose but replying to a thread just to insert one will not be eligible for points that day.

                                                        With 3 posts required per day, it'll give a poster a chance to contribute something to his fellow posting body, and at the same time it will eliminate some of the thoughtless posts. Nothing is about limiting points, it's solely about improving the user experience, making reading cleaner, and keeping points fun for everyone.
                                                        Comment
                                                        • Brick
                                                          SBR Wise Guy
                                                          • 08-13-09
                                                          • 652

                                                          #29
                                                          What is the value of an sbr point anyway?
                                                          Comment
                                                          • feltball
                                                            SBR High Roller
                                                            • 09-07-08
                                                            • 106

                                                            #30
                                                            I make such junk posts for points
                                                            Comment
                                                            • FadeCommonSense
                                                              SBR High Roller
                                                              • 11-24-09
                                                              • 238

                                                              #31
                                                              Its still a free 5 points so one point shouldn't have caused this uproar
                                                              Comment
                                                              • SBR Lou
                                                                BARRELED IN @ SBR!
                                                                • 08-02-07
                                                                • 37863

                                                                #32
                                                                Originally posted by FadeCommonSense
                                                                Its still a free 5 points so one point shouldn't have caused this uproar
                                                                To clarify, the daily points given away will still be 4. Earlier this morning an error was made in the point configuration. The only difference as of tomorrow morning will be 3 posts are required to receive the daily post points.
                                                                Comment
                                                                • G's pks
                                                                  Restricted User
                                                                  • 01-01-09
                                                                  • 22251

                                                                  #33
                                                                  Originally posted by CrazyLou
                                                                  To clarify, the daily points given away will still be 4. Earlier this morning an error was made in the point configuration. The only difference as of tomorrow morning will be 3 posts are required to receive the daily post points.
                                                                  Lou honestly...it is quite obvious some will not get it till they post 3 times tomorrow and see it is 6 points total... wow!
                                                                  Comment
                                                                  • Deuce
                                                                    BARRELED IN @ SBR!
                                                                    • 01-12-08
                                                                    • 29843

                                                                    #34
                                                                    Originally posted by jjgold
                                                                    SBR Sportsbook is getting lots of action, it is quite amazing actually, what a great idea!!!
                                                                    I know it was a great idea. You would think they would toss me a free play at Betjam and comp me a few nights in Vegas (not bash only) for the great idea. Traffic probably has jumped dramatically and all the talk around forumville is points system. Deuce seeing nothing at all. Unfukkinreal.
                                                                    Comment
                                                                    • pavyracer
                                                                      SBR Aristocracy
                                                                      • 04-12-07
                                                                      • 82896

                                                                      #35
                                                                      Originally posted by CrazyLou
                                                                      Thanks guys. I know reading some of the spam gets tiring for you, posters are free to post in the manner they choose but replying to a thread just to insert one will not be eligible for points that day.

                                                                      With 3 posts required per day, it'll give a poster a chance to contribute something to his fellow posting body, and at the same time it will eliminate some of the thoughtless posts. Nothing is about limiting points, it's solely about improving the user experience, making reading cleaner, and keeping points fun for everyone.
                                                                      What stops someone for making 3 posts like this?





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