Warning to offshore bettors

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  • ronald
    SBR MVP
    • 10-31-05
    • 4919

    #1
    Warning to offshore bettors
    This applies year-round, but especially at this time of year. Beware of being overly exposed at questionable books. NBA playoffs will be done in six weeks. Historically, if a book is going to close shop and stiff players, they do it in June/July. It's still only April, but if you have bigger balances at sketchy shops, it might be time to try to move some of that money out. This thread isn't intended to create panic and I don't have any books in mind that may be on the brink of failure, but it's just something to keep in mind at this time of year.
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    Rarely a book goes belly up anymore, they just usually get bought up by another outfit. In past years this might of been true.
    Comment
    • Fishhead
      SBR Aristocracy
      • 08-11-05
      • 40179

      #3
      Originally posted by jjgold
      Rarely a book goes belly up anymore, they just usually get bought up by another outfit. In past years this might of been true.

      Huh....huh....huh?


      Ronald's advice should not be taken with a grain of salt.......................THIS IS NOT THE TIME TO BE IN QUESTIONABLE BOOKS AND/OR OVEREXPOSED AT AVERAGE BOOKS.
      Comment
      • big joe 1212
        SBR Posting Legend
        • 06-01-08
        • 19380

        #4
        there is no reason to be exposed at all in questionable books, let alone overexposed.

        No reason to play at these kind of books!

        Too many solid books out there!
        Comment
        • Fishhead
          SBR Aristocracy
          • 08-11-05
          • 40179

          #5
          Originally posted by big joe 1212
          there is no reason to be exposed at all in questionable books, let alone overexposed.

          No reason to play at these kind of books!

          Too many solid books out there!

          This is true for most, but not all of us.
          Comment
          • pat venditto
            SBR Posting Legend
            • 05-07-07
            • 14347

            #6
            This is not something I have to worry about, hence i'm broke
            Comment
            • BigdaddyQH
              SBR Posting Legend
              • 07-13-09
              • 19530

              #7
              Off Shore Books can go down in a flat second. They can simply run out of funds, get slammed by the Federal Government, or any other number of possibilities. Anyone who gambles in here and who does so using off shore books should be well aware of which books are on solid backing and which are not. It is never a wise idea to have all of your eggs invested in one basket, especially one off shore. I think that the advice given in this thread is very legitimate, and should be looked at seriously.
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388179

                #8
                I do not see any C books or greater going bankrupt the last 3 years
                Comment
                • Fishhead
                  SBR Aristocracy
                  • 08-11-05
                  • 40179

                  #9
                  Originally posted by jjgold
                  i do not see any c books or greater going bankrupt the last 3 years

                  what a great industry!!
                  Comment
                  • ronald
                    SBR MVP
                    • 10-31-05
                    • 4919

                    #10
                    Originally posted by jjgold
                    I do not see any C books or greater going bankrupt the last 3 years
                    When did Cascade close up shop and stiff people? That wasn't too long ago and they were an A book here at SBR I believe.
                    Comment
                    • Fishhead
                      SBR Aristocracy
                      • 08-11-05
                      • 40179

                      #11
                      Originally posted by ronald
                      When did Cascade close up shop and stiff people? That wasn't too long ago and they were an A book here at SBR I believe.



                      Comment
                      • jjgold
                        SBR Aristocracy
                        • 07-20-05
                        • 388179

                        #12
                        Originally posted by ronald
                        When did Cascade close up shop and stiff people? That wasn't too long ago and they were an A book here at SBR I believe.
                        Cascade still open Son
                        Comment
                        • Fishhead
                          SBR Aristocracy
                          • 08-11-05
                          • 40179

                          #13
                          Originally posted by jjgold
                          Cascade still open Son


                          Comment
                          • Brock Landers
                            SBR Aristocracy
                            • 06-30-08
                            • 45359

                            #14
                            play at Matchbook, thegreek, betjam, pinnacle (if you can), no problems AT ALL there.
                            Comment
                            • ronald
                              SBR MVP
                              • 10-31-05
                              • 4919

                              #15
                              Open or not, they stiffed a lot of people.
                              Comment
                              • mathdotcom
                                SBR Posting Legend
                                • 03-24-08
                                • 11689

                                #16
                                What is difference between a shop whose URL doesn't load and a shop whose URL does load but does not process payouts? If anything the latter is worse.
                                Comment
                                • GRUMPERZ
                                  SBR Sharp
                                  • 10-26-09
                                  • 261

                                  #17
                                  Originally posted by jjgold
                                  Cascade still open Son
                                  cmon man
                                  Comment
                                  • mathdotcom
                                    SBR Posting Legend
                                    • 03-24-08
                                    • 11689

                                    #18
                                    ronald

                                    we are on Caps -1.5 tonight pal
                                    Comment
                                    • ronald
                                      SBR MVP
                                      • 10-31-05
                                      • 4919

                                      #19
                                      Saying cascade is still open may be the dumbest post you've ever made, Coach. And that says something.
                                      Comment
                                      • ronald
                                        SBR MVP
                                        • 10-31-05
                                        • 4919

                                        #20
                                        Originally posted by mathdotcom
                                        ronald

                                        we are on Caps -1.5 tonight pal
                                        I like the Salami, 16.5 Under.
                                        Comment
                                        • Fishhead
                                          SBR Aristocracy
                                          • 08-11-05
                                          • 40179

                                          #21
                                          Originally posted by ronald
                                          Saying cascade is still open may be the dumbest post you've ever made, Coach. And that says something.


                                          Comment
                                          • flyingillini
                                            SBR Aristocracy
                                            • 12-06-06
                                            • 41219

                                            #22
                                            I feel very safe with my funds at the shop I play at! Never a problem getting my money whenever I want
                                            המוסד‎
                                            המוסד למודיעין ולתפקידים מיוחדים‎
                                            Comment
                                            • Brock Landers
                                              SBR Aristocracy
                                              • 06-30-08
                                              • 45359

                                              #23
                                              Don't play at shit books..simple as that
                                              Comment
                                              • ronald
                                                SBR MVP
                                                • 10-31-05
                                                • 4919

                                                #24
                                                Originally posted by Brock Landers
                                                Don't play at shit books..simple as that
                                                It's not that simple. That's like saying don't buy penny stocks. Some of them can be very profitable if you pick your spots right.
                                                Comment
                                                • minet123
                                                  SBR Posting Legend
                                                  • 02-17-07
                                                  • 10280

                                                  #25
                                                  Originally posted by Brock Landers
                                                  play at Matchbook, thegreek, betjam, pinnacle (if you can), no problems AT ALL there.
                                                  Those and Betfair and your money is safe in any UK book with a store front-although if you have half a brain they will cut your limits to 50 pence
                                                  Comment
                                                  • adlai
                                                    SBR Wise Guy
                                                    • 03-11-10
                                                    • 778

                                                    #26
                                                    Originally posted by Brock Landers
                                                    Don't play at shit books..simple as that
                                                    agreed. but, payouts always slow after the college basketball season. it's been that way for years. especially at the b and c rated books.
                                                    Comment
                                                    • geebert74
                                                      SBR MVP
                                                      • 09-03-09
                                                      • 2445

                                                      #27
                                                      Originally posted by ronald
                                                      It's not that simple. That's like saying don't buy penny stocks. Some of them can be very profitable if you pick your spots right.
                                                      is this time to plug pennystockchaser.com?
                                                      Comment
                                                      • mathdotcom
                                                        SBR Posting Legend
                                                        • 03-24-08
                                                        • 11689

                                                        #28
                                                        Originally posted by ronald
                                                        It's not that simple. That's like saying don't buy penny stocks. Some of them can be very profitable if you pick your spots right.
                                                        Don't educate Brock. We prefer him this way.
                                                        Comment
                                                        • Fishhead
                                                          SBR Aristocracy
                                                          • 08-11-05
                                                          • 40179

                                                          #29
                                                          Originally posted by mathdotcom
                                                          Don't educate Brock. We prefer him this way.

                                                          Comment
                                                          • Fishhead
                                                            SBR Aristocracy
                                                            • 08-11-05
                                                            • 40179

                                                            #30
                                                            Originally posted by ronald
                                                            This applies year-round, but especially at this time of year. Beware of being overly exposed at questionable books. NBA playoffs will be done in six weeks. Historically, if a book is going to close shop and stiff players, they do it in June/July. It's still only April, but if you have bigger balances at sketchy shops, it might be time to try to move some of that money out. This thread isn't intended to create panic and I don't have any books in mind that may be on the brink of failure, but it's just something to keep in mind at this time of year.

                                                            Time to take what RONALD stated into consideration........RIGHT NOW!
                                                            Comment
                                                            • JUST A MAN
                                                              SBR Sharp
                                                              • 04-22-10
                                                              • 276

                                                              #31
                                                              Originally posted by jjgold
                                                              Rarely a book goes belly up anymore, they just usually get bought up by another outfit. In past years this might of been true.
                                                              Lazerwager...jj? Did you forget those crooks? They shut down after Nba
                                                              Comment
                                                              • mathdotcom
                                                                SBR Posting Legend
                                                                • 03-24-08
                                                                • 11689

                                                                #32
                                                                ronald does NOT want to be brain dead
                                                                Comment
                                                                • ronald
                                                                  SBR MVP
                                                                  • 10-31-05
                                                                  • 4919

                                                                  #33
                                                                  Have been getting out of a few questionable books lately due to the time of year. Also have had less time to bet and post these days due to some dental issues.....and some mental issues.
                                                                  Comment
                                                                  • BAUS
                                                                    SBR MVP
                                                                    • 08-10-05
                                                                    • 2191

                                                                    #34
                                                                    And do not forget about Sexywagers.com

                                                                    BAUS
                                                                    Comment
                                                                    • M@ximo
                                                                      Restricted User
                                                                      • 03-16-10
                                                                      • 375

                                                                      #35
                                                                      Thanks for the heads up.., its important for betors to be aware if this situations..., specially ending the NBA season..., hope no one gets stiffed now...

                                                                      Have a good one readers...
                                                                      Comment
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