1. 03-12-20 04:13 PM #1
    sweep
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    Stick a fork in offshore books

    They cannot survive this....

    Regulated U.S. outfits at least have casino and some poker not to mention brick & mortar.


    RIP
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  2. 03-12-20 04:15 PM #2
    carolinakid
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    i would be worried about the little ones, but the big books are not going nowhere.
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  3. 03-12-20 04:15 PM #3
    gojetsgomoxies
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    bricks-n-mortar = fixed costs, junk bond debt interest costs.

    online sports betting = send employees home..........

    not saying no one should be concerned about online sites.
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  4. 03-12-20 04:16 PM #4
    sweep
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    There is nothing to bet on you dummies
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  5. 03-12-20 04:19 PM #5
    hehfest
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    Yeah, every single sports franchise will now go belly-up because no people will be in the stands and they aren't going to make any revneue much less any profit right now! All sports teams will go bankrupt. J-O-K-I-N-G!
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  6. 03-12-20 04:19 PM #6
    sweep
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    Massive incoming withdrawls will expose every book.... BOL might be able to weather the storm with their poker platform.

    The rest are up eventually
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  7. 03-12-20 04:21 PM #7
    hehfest
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    They will stop "trucking" at some point and stores will shut down everywhere........"see Italy". Does that mean every single company in the world will go bankrupt? Common. These books make multi-millions a year. They will be fine.
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  8. 03-12-20 04:22 PM #8
    sweep
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    Quote Originally Posted by hehfest View Post
    Yeah, every single sports franchise will now go belly-up because no people will be in the stands and they aren't going to make any revneue much less any profit right now! All sports teams will go bankrupt. J-O-K-I-N-G!
    Not sure if you are trying to slam me here but im talking about off shore sports books revenue and the avalanche of withdrawls that will be pouring in soon. Its game over cuz
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  9. 03-12-20 04:24 PM #9
    fried cheese
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    Quote Originally Posted by hehfest View Post
    They will stop "trucking" at some point and stores will shut down everywhere........"see Italy". Does that mean every single company in the world will go bankrupt? Common. These books make multi-millions a year. They will be fine.
    i would guess many dont have enough cash to cover all their deposits if there is a run of withdrawals.
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  10. 03-12-20 04:27 PM #10
    Mrtop7
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    wait till the banks tell us there is not enough to give us and limit us to $60 per day
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  11. 03-12-20 04:32 PM #11
    sweep
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    Quote Originally Posted by hehfest View Post
    They will stop "trucking" at some point and stores will shut down everywhere........"see Italy". Does that mean every single company in the world will go bankrupt? Common. These books make multi-millions a year. They will be fine.
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  12. 03-12-20 04:32 PM #12
    blankoblanco
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    Quote Originally Posted by sweep View Post
    Massive incoming withdrawls will expose every book.... BOL might be able to weather the storm with their poker platform.
    Quote Originally Posted by fried cheese View Post
    i would guess many dont have enough cash to cover all their deposits if there is a run of withdrawals.
    Exactly. Surprised how many guys aren't getting that this is the real issue. Think what happened with Full Tilt after black friday. Think the books keep enough capital on hand as a contingency in case all their customers suddenly withdraw their balances at the same time? I fking doubt it
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  13. 03-12-20 04:34 PM #13
    sweep
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    Quote Originally Posted by blankoblanco View Post
    Exactly. Surprised how many guys aren't getting that this is the real issue. Think what happened with Full Tilt after black friday. Think the books keep enough capital on hand as a contingency in case all their customers suddenly withdraw their balances at the same time? I fking doubt it
    This hehfest poster I really feel bad for.....scary thing is he has been around since '08
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  14. 03-12-20 04:35 PM #14
    Chi_archie
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    do you want to take up a collection and then you can send an envelope to some of the affected families of offshore employees?
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  15. 03-12-20 04:38 PM #15
    sweep
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    Quote Originally Posted by Chi_archie View Post
    do you want to take up a collection and then you can send an envelope to some of the affected families of offshore employees?
    Get over it dude, it was a satire thread and i am sorry you are still consumed by it.
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  16. 03-12-20 04:56 PM #16
    KVB
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    satire thread.



    The joke that is sweep just got bigger.

    Way to save face guy, must have taken months to come up with that one.

    LMAO
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  17. 03-12-20 05:01 PM #17
    sweep
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    Quote Originally Posted by KVB View Post
    satire thread.



    The joke that is sweep just got bigger.

    Way to save face guy, must have taken months to come up with that one.

    LMAO
    Re-read the thread from months ago....idiot
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  18. 03-12-20 05:34 PM #18
    leetreaper
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    Sweep has always been dumber than a rock, nothing to see here...
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  19. 03-12-20 05:39 PM #19
    Wegmine9
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    There should be a huge uptick in their casino action though... tons of people who will be working from home more often now, playing during downtime, and many others who typically go to the regular casinos will switch to online.
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  20. 03-12-20 05:41 PM #20
    xKMACKx
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    Quote Originally Posted by sweep View Post
    There is nothing to bet on you dummies
    A lot of people will empty their accounts in the online casino. You underestimate action junkies and addicts.

    Horse betting and esports betting is huge business in Europe, along with random soccer leagues that are still going on, so that'll soften the blow for UK books.
    Last edited by xKMACKx; 03-12-20 at 05:46 PM.
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  21. 03-12-20 05:55 PM #21
    Sam Odom
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    jjgold... check in
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  22. 03-12-20 05:59 PM #22
    pologq
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    Quote Originally Posted by xKMACKx View Post
    A lot of people will empty their accounts in the online casino. You underestimate action junkies and addicts.

    Horse betting and esports betting is huge business in Europe, along with random soccer leagues that are still going on, so that'll soften the blow for UK books.
    well said. agree. people fiend for action.
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  23. 03-12-20 06:02 PM #23
    d2bets
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    I would assume that they will shut down for a couple months or so. There's virtually nothing to bet on. What would they be paying employees to do?
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  24. 03-12-20 06:04 PM #24
    jjgold
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    foxbet rumored to be closing
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  25. 03-12-20 06:09 PM #25
    pologq
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    what books should do imo:

    offer 100 percent cash matches with lower than normal rollovers right now. allow multiple uses of the bonus as long as the account hits zero. allow bonus up to at least $500. say it is a way to reload before sports make their comeback. use some advertisements thru sbr so marketing money is minimal. maybe send an email blast.

    some will be responsible enough to deposit and let it sit.

    others will need action and play the horses or poker or another sport and lose cause they don't know the game or sport well. those same people and/or others will be tempted and end up giving in to play in the casino. they will lose the quickest and feel the need to reload cause of the 100 percent cash bonus. then repeat above.
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  26. 03-12-20 06:10 PM #26
    sweep
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    Quote Originally Posted by jjgold View Post


    foxbet rumored to be closing


    LOL...they are affiliated with the biggest poker conglomerate in the world.
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  27. 03-12-20 06:11 PM #27
    SamsNCharge99
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    esports taking time off
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  28. 03-12-20 06:11 PM #28
    USCPHILLYGUY
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    Quote Originally Posted by leetreaper View Post
    Sweep has always been dumber than a rock, nothing to see here...
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  29. 03-12-20 06:13 PM #29
    jjgold
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    foxbet barely making it now so they are done

    look up numbers
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  30. 03-12-20 06:17 PM #30
    sweep
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    Quote Originally Posted by jjgold View Post
    foxbet barely making it now so they are done

    look up numbers

    They bought pokerstars/betstars numbnuts....they can survive on that alone. Its why they offer an atrocious -118/+100 line on most major sports, they dont need a following. Pokerstars rest-of-world player pool is worth billions
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  31. 03-12-20 06:26 PM #31
    jjgold
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    many us books are losing money including fandual and draftkings because of enormous costs and advertising

    offshore books are FUKKIN RICH...100 million +++ profits

    extreme low costs they can care less if no sports for a month
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  32. 03-12-20 06:40 PM #32
    lonegambler23
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    sweeper your penetrating delusional man, this is all temporary lmao. so theyre going to cry and quit major booking after a month or two about no sports? they still have a bunch of u degenerates playing poker and casino games. god some people were born braindead.
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  33. 03-12-20 06:44 PM #33
    rm18
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    Even if it is 2 months of so sports it is just lost profits they will not go out of business just have a down year.
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  34. 03-12-20 06:45 PM #34
    lonegambler23
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    the owner of 5dimes got kidnapped and killed, yet everyone was saying that was the end of them, and u think this will? LOL id love to know your IQ
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  35. 03-12-20 06:50 PM #35
    jjgold
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    Sweeper your looking like a fool please stop

    Offshore books are the king
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