1. #1
    A Quant
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    I honestly don't know how the offshore books are going to get new players

    With all the states lining up, and pretty much all of them are going to have a mobile platform.

    So, for the rec bettor- the square, the guy who every book wants, how can the offshore books attract those kinds of guys when it will be so easy to make a bet stateside.

    No buying bitcoin, no setting up bitcoin wallets, no getting nervous if by some dumb luck his balance starts to creep up.

    The offshore books are left with trying to hold on to their current customers, forget growing. I'd expect very shortly the big offshore ops will survive out of habit, but the smaller books are done.

  2. #2
    Sam Losco
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    they wont get rec players right away, but over time people will still chase bonuses/better odds. also you have potential limit restrictions

    very possible offshore could get hit hard, but we have to see how all the different states decide to set books up

  3. #3
    patswin
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    offshore will still have its customers. I would not be surprised to see some start offering reduced juice as a way to attract and keep customers.
    IF the some states end up with vig higher than -110 I would still play offshore. I like my outs I have now, why change unless the new "legal" books have something to offer

  4. #4
    shocka1212
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    they won't have to do much when people realize how much vig they're paying.

  5. #5
    Hman
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    All 3 posts above good points

  6. #6
    5mike5
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    Yeah cause paying more juice and much less betting options are somehow good thing. Lol

    Offshore will always be king

  7. #7
    A Quant
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    Quote Originally Posted by patswin View Post
    offshore will still have its customers. I would not be surprised to see some start offering reduced juice as a way to attract and keep customers.
    IF the some states end up with vig higher than -110 I would still play offshore. I like my outs I have now, why change unless the new "legal" books have something to offer
    That's a good point.

    But will the rec guy think a few cents is worth all the hoops (Deposits/Payments)?

    I don't think so. Think about it, how many rec guys actually shop for the best number? Few if any. They want their parlay, their teaser, and don't understand value or even consider shopping for numbers.

  8. #8
    A Quant
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    Quote Originally Posted by 5mike5 View Post
    Yeah cause paying more juice and much less betting options are somehow good thing. Lol

    Offshore will always be king
    Convenience will win. It always does. Look at the numbers Jersey and Delaware are posting after just weeks. Wait til football season.

  9. #9
    Hman
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    It is my belief that moving money to & from offshore might get easier again in time.

    The longer legal books are around, the more options to fund & withdraw will become available.

    Offshore books will find ways to use this to their advantage.

  10. #10
    5mike5
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    Quote Originally Posted by A Quant View Post
    That's a good point.

    But will the rec guy think a few cents is worth all the hoops (Deposits/Payments)?

    I don't think so. Think about it, how many rec guys actually shop for the best number? Few if any. They want their parlay, their teaser, and don't understand value or even consider shopping for numbers.
    Maybe to the $10 bettor that plays once a week. But nobody else. I can get paid just as fast at home

    Guess its just personal choice like everything, but I just dont see a single better thing offered in states compared to offshore
    Last edited by 5mike5; 08-17-18 at 09:01 AM.

  11. #11
    shocka1212
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    Quote Originally Posted by 5mike5 View Post
    Yeah cause paying more juice and much less betting options are somehow good thing. Lol

    Offshore will always be king
    not to mention having to deal with the Sasquatch assholes they usually have at the ticket window

  12. #12
    daneblazer
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    Offshore will still have its place, but let’s be real, casual bettor isn’t going to go through the hassle of depositing online then set up a bitcoin wallet, get a check from the phillipines, or get $ wired. They want to place a bet and cash out then and there.

    Look at poker. There are still online players but it’s mostly die hards.

  13. #13
    5mike5
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    Poker and betting are completely diff animals

  14. #14
    A Quant
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    Quote Originally Posted by shocka1212 View Post
    not to mention having to deal with the Sasquatch assholes they usually have at the ticket window
    If there is a mobile app-- that takes away the ticket window.

  15. #15
    5mike5
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    Quote Originally Posted by daneblazer View Post
    Offshore will still have its place, but let’s be real, casual bettor isn’t going to go through the hassle of depositing online then set up a bitcoin wallet, get a check from the phillipines, or get $ wired. They want to place a bet and cash out then and there.

    Look at poker. There are still online players but it’s mostly die hards.
    U mean the one time 3 min process it takes to set up a wallet. Lol. Takes longer to go get that ticket cashed at a book

  16. #16
    daneblazer
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    Premise is the same. If it’s difficult to move money on and off the casual players will gravitate to where it’s easier. They don’t care about juice.

    Offshore will still have US players. More experienced players and from states with no sports betting or places where you’d have to drive from afar. Like someone who lives an hour away from the casino isn’t going to drive there on a whim to play a small bet on the 7:00 game after work. They’ll just as soon set up on online account

  17. #17
    daneblazer
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    Quote Originally Posted by 5mike5 View Post
    U mean the one time 3 min process it takes to set up a wallet. Lol. Takes longer to go get that ticket cashed at a book
    A lot of people don’t understand it or are hesitant/don’t trust ewallets. I was explaining the process to a friend and i might as well been going over calculus equations.
    Last edited by daneblazer; 08-17-18 at 01:34 PM.

  18. #18
    A Quant
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    Quote Originally Posted by 5mike5 View Post
    Maybe to the $10 bettor that plays once a week. But nobody else. I can get paid just as fast at home

    Guess its just personal choice like everything, but I just dont see a single better thing offered in states compared to offshore
    My post is about growing a customer base, recruiting new players.

    I agree with you, there are some offshore players that prefer it, they are used to it, they know how to do it, and it works well for them. That is why I believe the larger ops will survive.

    Every business model depends on growth and I can not for the life of me see how the offshore industry is going to grow with this competition.

    I'm wrong a lot. Maybe I am wrong here. But I think when sports betting settles into our culture over the next few years, the ease of which we can bet will make it difficult for the offshores.

  19. #19
    5mike5
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    Good post hopefully they both get better for us all
    Points Awarded:

    A Quant gave 5mike5 2 Betpoint(s) for this post.


  20. #20
    A Quant
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    Quote Originally Posted by daneblazer View Post
    A lot of people don’t understand it or are relevant/don’t trust ewallets. I was explaining the process to a friend and i might as well been going over calculus equations.
    Exactly. I have a few guys I golf with who bitch about it the same way, '"too much of a pain in the ass", and additionally, some people have a built in distrust of bitcoin, even though for depositing its obviously safe. But they have either read/heard that something bad about bitcoin and will say, "that's a scam".

  21. #21
    A Quant
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    Quote Originally Posted by 5mike5 View Post
    Good post hopefully they both get better for us all
    That is perfectly summed up.

    Hopefully the competition makes all the operations better for us, the players.

  22. #22
    jjgold
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    Always a market

    You guys are forgetting offshore caters to the world not one state

  23. #23
    A Quant
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    Quote Originally Posted by jjgold View Post
    Always a market

    You guys are forgetting offshore caters to the world not one state
    You're never going to stop, huh?

  24. #24
    capitalist pig
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    It all comes down to getting $ in and out, if offshore could figure a way out to let people get their $ in and out without having to send in absurd amounts of documents, deal with btc, deal with people who may or may not speak your language,it might hold on in the states.

    I drove 3 hours to Biloxi two weekends ago made a few wagers and am going back tomorrow to cash in a ticket and place some more wagers. I’d sooner drive spend the night at the gaming tables and have a fun weekend rather than deal with payout hassles and btc. I’m pretty sure 99% of the general wagering public agrees with me

    I get it though for the guys who have to wager every day, you need offshore but for the rest of us we really don’t JMO

    later

  25. #25

  26. #26
    k13
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    Most books don't take US players anyway.

    Makes no difference.

  27. #27
    Sam Odom
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  28. #28
    RudyRuetigger
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    Quote Originally Posted by A Quant View Post
    With all the states lining up, and pretty much all of them are going to have a mobile platform.

    So, for the rec bettor- the square, the guy who every book wants, how can the offshore books attract those kinds of guys when it will be so easy to make a bet stateside.

    No buying bitcoin, no setting up bitcoin wallets, no getting nervous if by some dumb luck his balance starts to creep up.

    The offshore books are left with trying to hold on to their current customers, forget growing. I'd expect very shortly the big offshore ops will survive out of habit, but the smaller books are done.
    i covered this multiple times in the past

  29. #29
    swordsandtequila
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    Until present and future US books offer the same markets for soccer as the Euro/Asian books there will always be offshore. Obviously football/basketball/baseball dwarf soccer in terms of handle in American casinos, but worldwide it's a different story. There's games damn near every day, the major European leagues all have a presence on network tv, ESPN+ has streaming rights to Serie A. Somebody's watching, makes sense some of those are betting. I go to Vegas in the fall during football season, I still bet online for soccer. No reason onshore/offshore can't coexist.

  30. #30
    jjgold
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    Funny thread

  31. #31
    KVB
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    Quote Originally Posted by jjgold View Post
    Funny thread

    Strange, the largest books in the world, and tons of smaller ones, do not rely on the US customer base.

    In fact, some books will be glad to shed some of the small high maintenance accounts.

    Online gambling will continue to grow.

  32. #32
    USCPHILLYGUY
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    Quote Originally Posted by Hman View Post
    It is my belief that moving money to & from offshore might get easier again in time.

    The longer legal books are around, the more options to fund & withdraw will become available.

    Offshore books will find ways to use this to their advantage.
    Hman not sure if it was you, Tony or Drew but it was mentioned that offshore really never saw this day coming and had no plan moving forward. Listened to an interesting interview with the SB manager at the westgate and their desire to expand to other states. They claim they have been planning this for 5 years. Why do you think offshore has been so complacent

  33. #33
    jtoler
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    guess taxing 33% wasnt enough they want americans broke as a joke

  34. #34
    ans61201
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    Quote Originally Posted by capitalist pig View Post
    It all comes down to getting $ in and out, if offshore could figure a way out to let people get their $ in and out without having to send in absurd amounts of documents, deal with btc, deal with people who may or may not speak your language,it might hold on in the states.

    I drove 3 hours to Biloxi two weekends ago made a few wagers and am going back tomorrow to cash in a ticket and place some more wagers. I’d sooner drive spend the night at the gaming tables and have a fun weekend rather than deal with payout hassles and btc. I’m pretty sure 99% of the general wagering public agrees with me

    I get it though for the guys who have to wager every day, you need offshore but for the rest of us we really don’t JMO

    later

    The guys saying different are mostly misinformed or don’t want the way they do things changed so they want to talk offshore remaining king into existence, but It’s not the case. You look at the customer, you look at what’s more important to more of the customers and it’s so completely obvious.

    So many people on this very small site don’t realize how minuscule of the gambling population they represent.

  35. #35
    danshan11
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    I personally like to sit in the book, look at hot ass waitresses and drink a few, watch some sportscenter and place some bets, that to me is king, but to make money I need low vig and any -110 crap, I never understood how they stayed in business anyway, people who bet everyday come here and say bookmaker, betonline and others and I am like what? I have a proxy for pinnacle and bet nearly every single bet at pinnacle only exception sometimes heritage has a better line and of course I beat the shit out of betonlines day before everyone openers for 250 a pop for fun!

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