Offshore is going to grow like you’ve never seen

[JIBBBY]

Gotta admit it would be kinda cool to take a stack of cash and go walk into a local in your area and let it ride when you see a really good betting angle to play... Place and collect the winnings that same day by cashing the winning ticket... ..

That's about the only time I'd use a local sportbook if they started opening up near me.. Nothing like same day real cash transactions when taking a shot on big bets.. Instant gratification ..

[Sam Odom]

nothing better than sitting in a sportsbook with a cash ticket , drinking , watching big screen TVs then get cash back on a winner after game

what if... it is only an hour away

[ans61201]

That's the best part about this if this law hits all the States IMO... Can wager large amounts daily and not get cut off and stiffed like online books.. Place and collect same day. Security of Las Vegas Casino betting can't be beat..

Still most people including myself are not gonna wanna leg in bets daily to local sportsbooks when you have a dozen books online and can just hit a few buttons on your computer and place now...

Now if the local sportsbooks set up internet availability then that's a different story..

At the re-up for my season tickets the rep told me within 5 years they'll have an app at the stadium for me to bet the game while watching and get paid as I leave the stadium. I'm
In Vegas for the 3rd time this post season because there is no way I'm betting large amounts on offshore books that I am here. So many reasons this will eventually wreck offshore books but is great long term for everyone

[ans61201]

Vegas is terrible to bet sports compared to offshore

Low limits
Bad lines
Bank Reports over 10k transactions

JUST TERRIBLE

In USA it will be a legal fee riddled mess

A guy at hooters (crap casino) (will hill) bet 11k on under 205 for Boston game. Wins it for 21k, throws it all on Tampa bay. They didn't blink. There's maybe one book who will take that action. Bookmaker (and they probably wouldn't consistently) and maybe 5dimes but you'd immediately have your limits lowered if you won or weren't down 100k to them overall. You've never hit a limit in Vegas before. Stop. Nonsense.

[bonzaii]

SBR will be okay but if you think the US would ever allow any of the current online books like Betonline,5dimes, Heritage, Bookmaker,etc that serve US customers to ever legally operate inside the US your crazy. It will never happen. If several states jump in on this and mobile apps for these land based casinos every hits you can say goodbye to offshore. No one is going to deal with the hoops and hassles of betting offshore.

[ans61201]

You still have to pay taxes with legal books.

Not true. The very reason I'm in Vegas every year for NBA playoffs. So much easier to move large amounts get paid in cash here. If your wager is large enough to the point where you think you'll draw attention you split it up and walk it to multiple books. 100x easier to move 20 grand Around in Vegas then to do whatever electronic method that's literally tracked every step of the way that an offshore book gives...

[Sam Odom]

https://www.sportsbookreview.com/forum/saloon/3473362-sbr-employees-claiming-offshore-outs-will-get-better-now.html#post27781420

[bonzaii]

This is end of BTC boys,mark my words. It will sink under 1000 soon.

Investing/trading and drug buying effect the price more than online sports betting.

[shari91]

If s
https://www.sportsbookreview.com/for...l#post27781420

Sammy what are you trying to imply with “shitcanning a thread”. If something got moved regarding this I’m sure it’ll be rectified soon enough as obviously this is a PT/S&I topic as always. This is a very good day for all of us so let’s enjoy it

[Sam Odom]

5D Tony wont be god much longer

[shadymcgrady]

Well this thread pretty much confirms my suspicions of the JJ Gold handle as a paid poster/puppet of sbr. Nail in the coffin

[rkelly110]

Offshore will be devastated once we get up and running. Think NJ. Surrounding states legalized gambling and put
Atlantic city practically out of business.

Vegas is probably on it already with online gambling apps. Sports betting apps will follow allowing us to still bet
in our underwear.

[Bostongambler]

Will it be like the lottery or can we actually open accounts and bet online?

[Sam Odom]

Sammy what are you trying to imply?

Employees here obviously have a slanted interest in a growing and better 'offshore' environment (understandable)

Therefore (IMO) the opinions of SBR employees must be seen as it is... biased and slanted -- no big deal in the grand scheme of things

This is a very good day for all of us so let’s enjoy it

Yes

[shari91]

5D Tony wont be god much longer

For many of us overseas he was never a god to begin with but he runs a great book and we choose to do business with him thanks to the lines and bets he offers. That’s what makes a great book owner/manager! And now a wider world is a better world for all of us! Imagine if we can all sit here one night betting on some weirdo Scandi sport and follow it live on 365 all while supporting SBR and having a blast trying to learn the rules of the sport at the same time? Even darts ffs. Bloody brilliant

[bonzaii]

Well this thread pretty much confirms my suspicions of the JJ Gold handle as a paid poster/puppet of sbr. Nail in the coffin

[mtneer1212]

This ^^^^

Casual gambler isn’t going to care if he’s paying 5 cents more on a game.

I’m sure a mobile app is in place as well. This was as good as gold as soon as The NFL went to Vegas.

Laughable to think off shore has been planning for this. 5Dimes probably Sending Tony to Customer Service seminars as we speak.

This will be the rapid decline of offshore. Because of its legalization, federal pursuit of financials transactions will be even heavier to protect the US interests; it will become even more of a hassle to get money in and out, more expensive, and likely ruled illegal to place a bet offshore..... which does not exist today.

In addition, when given the choice between sweating a payout, getting your account seized or hacked, and hefty withdrawal fees, most square bettors would rather go to the local sportsbook and get paid as soon as the game is over.

Anyone who thinks this will HELP offshore is delusional. And if I am a daily fantasy site like Fanduel or Draftkings, I'm very unhappy today also -- your sports players bankrolls just got diverted as well.

[firedawg]

The end of days

[Philmill]

Trump Wins Again.....!!!!!

Protection of American Business comes first....

"Make America Great Again"

[phinfan27615]

JJ this should be like Xmas for you. With this being legalized now all that red in your spreadsheet can be claimed on your taxes

i know you're probably kidding, but that's not how it works. Gambling losses can only be written off to the extent of gambling winnings, which means anyone who is in the red overall for the year isn't getting any tax benefits

[jjgold]

Offshore sitting pretty

basically zero operating costs and very very low taxes if any

If they ever lower juice they will cripple legal places

Offshore operators are masterminds

[Hman]

Employees here obviously have a slanted interest in a growing and better 'offshore' environment (understandable)

Therefore (IMO) the opinions of SBR employees must be seen as it is... biased and slanted -- no big deal in the grand scheme of things




Yes

Sam actually I've been posting about this day coming for years.

It has nothing to do with a biased opinion.

It has to do with history.

Honestly I'm not sure how many posters here bet offshore 15-plus years ago when there were so many great bonuses, fantastic free contests galore, comped gifts for your action, etc.

It is my belief that we will see all of this again.

Offshore books know what they must do now to keep customers.

But with new laws come new bettors & these new bettors will eventually become veteran players who will search for the best deals.

Offshore is where these deals will be found again.

And if i and others are wrong, well, all i can day is shame on the offshore books for not doing what they needed to do to survive.

Let this be an official challenge to them.

[Jayvegas420]

Offshore books may want to offer all sorts of new incentives and bonuses but, the reality is that they will not be able to afford this. They are going to certainly lose business to local brick-and-mortar casinos that will now offer sports betting in every state.
This pinch can only be compensated for, by one side, the player.
This is simple.

[BriGuy]

You still have to pay taxes with legal books.

Legally, you have to pay taxes on offshores also.

Realistically, you don't have to pay taxes on any of them. I sure as heck don't give the sportsbook my SSN when I place bets in Vegas, why would I do so in Jersey?

[BriGuy]

I am not saying the offshores are going out of business, but this is not good for them. Casual bettors are not going to flock to offshores which are awfully shady with their fees and delayed payouts.

Now the casual bettor - and the new bettor - has an alternative that keeps them free of this shady world. Offshores are going to have to significantly up their game just to compete, and that will mean lower profits.

[Sam Odom]

Honestly I'm not sure how many posters here bet offshore 15-plus years ago when there were so many great bonuses, fantastic free contests galore, comped gifts for your action, etc.

Honestly had to do a little research ... Sammy been gambling online since 1996 -- shortly before TheRx came online

Anyhow , does not make Sammy's opinion better/worse than a newbie's

[BriGuy]

Not true. The very reason I'm in Vegas every year for NBA playoffs. So much easier to move large amounts get paid in cash here. If your wager is large enough to the point where you think you'll draw attention you split it up and walk it to multiple books. 100x easier to move 20 grand Around in Vegas then to do whatever electronic method that's literally tracked every step of the way that an offshore book gives...

This. This this this.

[Hman]

Honestly had to do a little research ... Sammy been gambling online since 1996 -- shortly before TheRx came online

Anyhow , does not make Sammy's opinion better/worse than a newbie's

It was not directed towards you good sir.

But there are many who have not seen the difference between now & then, hence the reason i was trying to explain why we may see it again.

Cleary you have

[Bluehorseshoe]

Not true. The very reason I'm in Vegas every year for NBA playoffs. So much easier to move large amounts get paid in cash here. If your wager is large enough to the point where you think you'll draw attention you split it up and walk it to multiple books. 100x easier to move 20 grand Around in Vegas then to do whatever electronic method that's literally tracked every step of the way that an offshore book gives...

No shit. Who wants to be bothered doing that and that's only in Vegas

[mrpapageorgio]

This will be the rapid decline of offshore. Because of its legalization, federal pursuit of financials transactions will be even heavier to protect the US interests; it will become even more of a hassle to get money in and out, more expensive, and likely ruled illegal to place a bet offshore..... which does not exist today.

In addition, when given the choice between sweating a payout, getting your account seized or hacked, and hefty withdrawal fees, most square bettors would rather go to the local sportsbook and get paid as soon as the game is over.

Anyone who thinks this will HELP offshore is delusional. And if I am a daily fantasy site like Fanduel or Draftkings, I'm very unhappy today also -- your sports players bankrolls just got diverted as well.

This.
In 5 years, the only way you'll be able to fund an offshore book is Bitcoin/crypto because the feds/states will clamp down on credit card transactions to offshore books.

Overall, this is going to kill the bottom feeder books, but I still see books like BookMaker, 5D and BetOnline still going. However, they're not going to get the average Joe that just wants to bet on their local team on Sunday. They're not going to go through the trouble of learning how to buy/sell Bitcoin and then deposit into the offshore book. It's 100x easier to just pay the extra vig with the local casino (or legal online app where they can use their debit card) and still have action on the game.

We'll benefit as we're already accustomed to using Bitcoin and offshore books so the offshores will likely offer more incentives to keep our business.

[jjgold]

at least 10 states will never get it

It will take at least 10 years for 40 states to have it

[survive]

People are just realizing jj/sbr is a 5dimes shill?

[jjgold]

Offshore books have a billion dollar credit network that will never ever be dented

Majority of volume Bookmaker and Pinnacle pure credit

They will lose the $10 bettor and parlay guys which probably they do not even want

Vegas would be lost without offshore lines

[mrpapageorgio]

at least 10 states will never get it

It will take at least 10 years for 40 states to have it

And which states will never get it that have a betting population large enough for the offshores to live off of? With all due respect to North Dakota, I doubt the gamblers there will bet enough to sustain the offshores. California, New York, Illinois, Pennsylvania, etc. will likely have something within 5 years.

[jjgold]

People think this is all going to be ready for football season other than New Jersey I highly doubt anybody else will have it