Or is it just a hassle?? There Was a time that i was playing in NFL handicapping contests at caribsports, BetDSI, 5Dimes, Betagame, mybookie, heritagesports, betonline, and youwager, the greek, etc. now only mybookie, betonline, youwager, and heritagesports have them. And I really hate the ones at youwager and heritagesports. What has happened to books sponsoring a NFL handicapping contest for their clients?? Do they think we bet less if we are in a contest? Or is it just too much of a hassle and the payouts are more than the entries?? I can see a book losing money on it too.
Is it profitable to run a NFL handicapping contest??
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seaborneqSBR Posting Legend
- 09-08-06
- 22556
#1Is it profitable to run a NFL handicapping contest??Tags: None -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#2BumpComment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#3It is not profitable. It is a customer giveaway. It is only profitable if you get more signups because of the contest. The contest itself is just designed to keep customers and probably create action. If it creates more action then it might become profitable. It is mostly just something to hang on to customers by giving them a little entertainment and maybe require them to gamble a bit more.
So they have gone away because people are not all that interested and they don't do much good.Comment -
thezbarSBR Hall of Famer
- 08-29-06
- 6421
#4For many years I was in charge of a weekly football pool year where I was employed for eight years or so. It was a hassle but there were some rewards also. The rule of thumb is 10% kickback from the winners however that's not set in stone.
I'm willing to bet other posters have run pools in the past.Comment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#5It is not profitable. It is a customer giveaway. It is only profitable if you get more signups because of the contest. The contest itself is just designed to keep customers and probably create action. If it creates more action then it might become profitable. It is mostly just something to hang on to customers by giving them a little entertainment and maybe require them to gamble a bit more.
So they have gone away because people are not all that interested and they don't do much good.Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#6Yeah, you offer up big numbers and give people a chance at winning and they stick around. Nobody is going to sign up because they know they have zero chance of winning but you can keep people happy gambling there so it is worth giving back a little. The winnings come with rollover so you don't lose anything anyway.Comment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#7For many years I was in charge of a weekly football pool year where I was employed for eight years or so. It was a hassle but there were some rewards also. The rule of thumb is 10% kickback from the winners however that's not set in stone.
I'm willing to bet other posters have run pools in the past.Comment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#8Yeah, you offer up big numbers and give people a chance at winning and they stick around. Nobody is going to sign up because they know they have zero chance of winning but you can keep people happy gambling there so it is worth giving back a little. The winnings come with rollover so you don't lose anything anyway.Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#9
Basically they just want to keep you in the betting mood.Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#10SBR runs the best contests anyway
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seaborneqSBR Posting Legend
- 09-08-06
- 22556
#11Well if it is free, it is worth playing. I just don't remember them or don't know about them. If you have to put money in, it is not going to work. Those are a scam. If you have to have gambled a certain amount then it is free again, if you qualify.
Basically they just want to keep you in the betting mood.Comment -
thezbarSBR Hall of Famer
- 08-29-06
- 6421
#12I run weekly and season long pools. If a weekly pool totaled 200 I might get tossed a twenty. Season pools could yield a three figure hand back. Not really worth the effort and I would get stiffed occasionally. I did get to know the CEO where otherwise I would have just been a # on a spread sheet. I did it for about five years.Comment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#13Betonline upped the ante this year. Their NFL handicapping contest is half a million dollars in money prizes. I'm in.Comment -
thezbarSBR Hall of Famer
- 08-29-06
- 6421
#14$275.00 for five entries and a free roll in a Survivor Pool. Good promotion. I may join also. Contests are longshots but provide an opportunity for a major score. It will be interesting to see if other shops offer something comparable.Comment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#15I don't think any other sportsbook will be close to this offer. They pretty much doubled the ante and prize structure from last year.Comment -
thezbarSBR Hall of Famer
- 08-29-06
- 6421
#16What is the format? I didn't find any information on their website about that. One would have to select 63% winners or better to win the thing.Comment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#17Last year it was pick 5 games each week during the regular season. The lines were not static so you could change a pick before the game was played. I noticed they didn't have the rules this year too. I played two entries last year. It was some great players in it.Comment -
TheMetsSuckSBR Hall of Famer
- 01-14-12
- 6146
#18Not worth the time it takes to run and collect etcComment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#19pass.......$6 an hrComment -
StryderSBR Wise Guy
- 03-10-14
- 668
#20When is Prick coming back? Miss that oldazz grumpy mofoComment -
thezbarSBR Hall of Famer
- 08-29-06
- 6421
#21Optional was run a superbook contest here at sbr the past two football season. The format is basically the same.Comment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#22Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#23sad that prick is goneComment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#24I was in it too last year. I stunk up the joint pretty bad. Only one perfect week for a 1000 freeplay. Both of my entries were in the bottom half of entries. I'm leaving out the Thursday night games this year if we are doing it again. I think I missed most of the Thursday night games horribly.Comment -
thezbarSBR Hall of Famer
- 08-29-06
- 6421
#25I participated in the first addition two years ago. Finished mid- pack. Good exercise but after a slow start I mailed it in. Too many things were going on last year thus I passed. May enroll this year as I have more free time currently.Comment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#26In for 5 entries. The free survivor pool entry ends tomorrow.Comment -
JOHSBR MVP
- 04-01-11
- 1127
#27<--- You might check out my status upper left.Comment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#28Betonline’s handicapping contest was awesome. I was a .5 from finishing in the money(top 200). I Had a great time. Ready for next year.Comment
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