1. #1
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    Congratulations to SBR for selling The Rx for $2M!!!






  2. #2
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    I think SBR's negotiations for The Rx went something like this.

    Hello, SBR we will give you $1 million for The Rx.

    SBR: What???? You've got to be kidding???

    OK, $2 million!!! But that's our final offer!!!

    SBR: SOLD!!!

  3. #3
    Chi_archie
    GASPING FOR AIR
    Chi_archie's Avatar SBR PRO
    Join Date: 07-22-08
    Posts: 63,130
    Betpoints: 2368

    2.4 Million

    https://tylerpaper.com/news/texas/ov...a3dd63fce.html

    DALLAS, April 9, 2021 /PRNewswire/ -- Overdrive Marketing Inc. has purchased popular online sports wagering portal TheRX.com in a deal worth $2.4 million.

    The acquisition puts us in a strong position to capitalize on the huge potential of the U.S. sports betting industry.

    TheRX.com has operated one of the world's largest sports betting forums since 1995, and it also provides daily sports news, picks and insight.


    Overdrive Marketing Inc. is a Texas-based company that operates OddsTrader.com, a leading platform for U.S. betting odds, stats, live scores and injury reports.

    Timothy Seay, Chief Executive Officer at Overdrive, commented

    "The acquisition of TheRX.com puts us in a strong position to capitalize on the huge potential of the burgeoning U.S. sports betting industry.

  4. #4
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 53

    wow


    wouldnt have expected that

  5. #5
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 53

    do we all get raises to 14 points per day???

  6. #6
    Chi_archie
    GASPING FOR AIR
    Chi_archie's Avatar SBR PRO
    Join Date: 07-22-08
    Posts: 63,130
    Betpoints: 2368

    Quote Originally Posted by RudyRuetigger View Post
    do we all get raises to 14 points per day???
    my first thought was that if they are selling, we might be see Store prices go up

    hurting for cash?


    or just decided they didn't have the ability to grow that site and evolve to meet the new market needs of increasingly legalized gambling.

    gotta be some changes in marketing and forward facing product to adapt one way or another.

    Is SBR nimble and agile enough to stay relevant?

  7. #7
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    SBR put very little effort into that site. The Rx Drew tried giving away free money over there and could not get anybody to take it and gave up.

  8. #8
    KnuckleHeadz
    KnuckleHeadz's Avatar Become A Pro!
    Join Date: 12-11-19
    Posts: 8,180
    Betpoints: 4499

    Word is Bitchered negotiated the deal

  9. #9
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 53

    i just dont see why that site would attract new posters


    its name is therx....hardly sports related

  10. #10
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    Apparently they are going to tear it down and rebuild it and focus on US gambling. That is the speculation anyway. If I were them, I would delete all the posters.

  11. #11
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 53

    they had to buy the posters, why would they buy the name therx?


    atleast most other forums have a gambling related name


    2.4million seems like a great deal for sbr

  12. #12
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    Don't know. People seem to think it is a great name and you can sell it. But who has bought except for these dopes and SBR on the cheap?

    The Gambling Forum is a lot better name and they could literally not even give that place away.

  13. #13
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 53

    how about uglyluck.com


    is bobby selling that for 2.4million as well????

  14. #14
    Chi_archie
    GASPING FOR AIR
    Chi_archie's Avatar SBR PRO
    Join Date: 07-22-08
    Posts: 63,130
    Betpoints: 2368

    when you google things like sports betting forums The Rx comes up pretty high

    page visits come more from other parts of the site, other than forum. articles, tools, ratings, ect

    but getting existing visits and members to look into OddsTrader will be the big push as they adapt


    they should get Loshak and a few other gambling names to start producing video content to bring in the new expanding customer base, looking for info on games and fantasy to bet that night.

  15. #15
    gauchojake
    Have Some Asthma
    gauchojake's Avatar SBR PRO
    Join Date: 09-17-10
    Posts: 33,724
    Betpoints: 13164

    Is HMan part of the deal or do we keep him???

  16. #16
    dustyy
    dustyy's Avatar SBR PRO
    Join Date: 12-08-17
    Posts: 2,446
    Betpoints: 6823

  17. #17
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    Well that is interesting. The guy is a doctor so he does probably think he can sell it to a pharma company for big bucks if it does not work out.

  18. #18
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    That was a great move getting rid of that it had no upside and it was on the decline

  19. #19
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    Hopefully, they will give away some money when football season comes around and they have their fancy new site up.

  20. #20
    Ian
    Tank Man Lives
    Ian's Avatar SBR PRO
    Join Date: 11-09-09
    Posts: 5,692
    Betpoints: 33516

    Wow. Congrats, SBR.

  21. #21
    vitterd
    vitterd's Avatar Become A Pro!
    Join Date: 09-14-17
    Posts: 58,460
    Betpoints: 3673

    That site was dead when sbr bought it. It was literally knuckleheadz with 22 ghost accounts talking to himself.

  22. #22
    Jayvegas420
    Vegas Baby!
    Jayvegas420's Avatar SBR PRO
    Join Date: 03-09-11
    Posts: 28,148
    Betpoints: 15111

    Reminds me of your picks thread

  23. #23
    kyhawk
    kyhawk's Avatar Become A Pro!
    Join Date: 06-21-08
    Posts: 950
    Betpoints: 7776

    I hope some of that money goes to the family of the founder, that wacko psychiatrist who killed himself and his wife.

  24. #24
    Chi_archie
    GASPING FOR AIR
    Chi_archie's Avatar SBR PRO
    Join Date: 07-22-08
    Posts: 63,130
    Betpoints: 2368

    Quote Originally Posted by kyhawk View Post
    I hope some of that money goes to the family of the founder, that wacko psychiatrist who killed himself and his wife.
    No he sold it like 2 decades ago

  25. #25
    pologq
    When you are SBR you are SBR 4 Life
    pologq's Avatar Become A Pro!
    Join Date: 10-07-12
    Posts: 19,849
    Betpoints: 5971

    i dont much about the rx, only heard if it here and there. i agree with rudy that the name is a little strange for sports betting.

  26. #26
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    USa Gambling portals are over flooded too

    Too many sites set up with odds and affiliate links

    Not going to dent it

  27. #27
    Chi_archie
    GASPING FOR AIR
    Chi_archie's Avatar SBR PRO
    Join Date: 07-22-08
    Posts: 63,130
    Betpoints: 2368

    Quote Originally Posted by pologq View Post
    i dont much about the rx, only heard if it here and there. i agree with rudy that the name is a little strange for sports betting.

    Started by a guy that nicknamed himself the shrink, went to med school but flunked all the boards to actually become a psychiatrist.

    One of the first online gambling sites, he'd been doing a newsletter.

    At its height he was making millions a year on new sign up sheets with offshore books and advertising.

    Sold it for a few milluon and opened up the EOG site and did it again.

    Can't believe whomever bought the rx didnt think to do a non compete clause. Of course all Ken's friends and posters followed him to new site

  28. #28
    Jayvegas420
    Vegas Baby!
    Jayvegas420's Avatar SBR PRO
    Join Date: 03-09-11
    Posts: 28,148
    Betpoints: 15111

    Does Rx have poker?

  29. #29
    vitterd
    vitterd's Avatar Become A Pro!
    Join Date: 09-14-17
    Posts: 58,460
    Betpoints: 3673

    Quote Originally Posted by Jayvegas420 View Post
    Reminds me of your picks thread
    You are in there all day, every day. Best thread at sbr. We are even getting video reveals( as scary as they may be)

  30. #30
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Shrink was a massive stiff

  31. #31
    LongBall52
    LongBall52's Avatar Become A Pro!
    Join Date: 06-14-20
    Posts: 1,319
    Betpoints: 2374

    Quote Originally Posted by pologq View Post
    i dont much about the rx, only heard if it here and there. i agree with rudy that the name is a little strange for sports betting.
    It is a strange name, but the original owner Ken, what's his name was a make believe MD. He actually never passed the boards, but was at one time working in the role of a shrink...How he met his wife I understand. A genius and a nut case.

  32. #32
    Chi_archie
    GASPING FOR AIR
    Chi_archie's Avatar SBR PRO
    Join Date: 07-22-08
    Posts: 63,130
    Betpoints: 2368

    I hear they are looking to pivot to cash in on the big puzzle completion gambling craze

  33. #33
    King Mayan
    STFU AND SQUAT PUTO
    King Mayan's Avatar SBR PRO
    Join Date: 09-22-10
    Posts: 21,325
    Betpoints: 3679

    There wasn’t enough file clerks

  34. #34
    Mr. Teaser
    Go Terps/Nats/Skins
    Mr. Teaser's Avatar SBR PRO
    Join Date: 08-16-09
    Posts: 1,667
    Betpoints: 6161

    I believe they were once at theprescription.com but sold that address years ago.

  35. #35
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    I'm just relieved to know SBR can afford Le Martin. I would put half of it toward a long-term deal at least until she is 32.

123 Last
Top