With all of this FanDuel and Draftkings talk, does anyone here use offshore?

[d2bets]

Anything I've said is direct experience. Nothing is an assumption. Legal/regulated USA Books are fine. However, if we don't have offshore options AND USA books. Then it's going to suck big time. Draftkings is doing everything in its power to make it so that offshore goes away. Either by lawyering up and making them not allow customers from certain states, or by trying to shut them down in other ways.

If BTC/crypto becomes unusable for offshore it will also make it very difficult for them.

I agree with all of that for a myriad of reasons. Offshore helps even if you don't use it.

PM sent.

[hubie69]

If BTC/crypto becomes unusable for offshore it will also make it very difficult for them.

This isn't draftkings pushing this, well, maybe they are, but it's not the major force.

Uncle sam is not a fan of not being able to monitor it and also get it's cut.

[thomorino]

Anything I've said is direct experience. Nothing is an assumption. Legal/regulated USA Books are fine. However, if we don't have offshore options AND USA books. Then it's going to suck big time. Draftkings is doing everything in its power to make it so that offshore goes away. Either by lawyering up and making them not allow customers from certain states, or by trying to shut them down in other ways.

If BTC/crypto becomes unusable for offshore it will also make it very difficult for them.

Draftkings is an over 30 billion dollar company, there is no evidence that offshore is hurting them financially, their far bigger concern is competition of legal books like fanduel.

[playersonly69]

Texas will have sports gambling soon enough. But for now, I will just travel to Louisiana about 30 minutes away in a few weeks.

As it is Texas has the best poker rooms. Plenty of very big Omaha games to play in Texas. The rake is actually better than in the Louisiana rooms as well. NO ONE goes to the poker rooms in Louisiana anymore from Texas

[jjgold]

Yes


Offshore is zero threat to the US books it’s the complete opposite

If they ever clampdown on bitcoin it’s big big trouble for offshore

Draftkings is an over 30 billion dollar company, there is no evidence that offshore is hurting them financially, their far bigger concern is competition of legal books like fanduel.

[firedawg]

Yes


Offshore is zero threat to the US books it’s the complete opposite

If they ever clampdown on bitcoin it’s big big trouble for offshore

shut up

[JacketFan81]

I think you guys are missing the obvious reason to stick to offshore: taxes

[carolinakid]

JacketFan a couple of us get it but others just look hey we have legal books lol

[JacketFan81]

JacketFan a couple of us get it but others just look hey we have legal books lol

I mean, I'd love to bet with Caesars and keep racking up rewards points, but I do occasionally make a little bit of money. And I refuse to pay the government the reward when I take all the risk.

[carolinakid]

yep i said early i want the government and politics out of my games, i just dont get the love for these books, other than forums have been losing hits for yrs and this is a get fast money thing

[lakerboy]

Everyone is so goo-goo gaga over odds boosts, parlay boosts(which really only boost the odds to be comparative to offshore regularly) same game parlays, and other silly promotions that give $10 and $25 here and there that you ignore all the good things offshore offers.

I don't want to deal with the hassles of betting big in the states. Too many questions. Way more likely to get limited. If you even show signs of a pulse you get cut off. They want to know who you are, where you work, what is your source of funds, the list goes on and on.

Meanwhile, BetOnline, Bookmaker, Bovada all capable of paying $50k in BTC within minutes/hours.

Just look what happened with DFS. Draftkings/Fanduel obliterated the competition and now almost nobody wins. They are forced to publish the numbers. Take a look at them. Something like 1% of customers win at the end of the year. The juice is so high, because there is no competition.

Get your bonus offers, odds boosts, whatever. Punish these books as they fight for market share. But once it's down to Draftkings and Fanduel and the competition is gone. They will then run the show all across the country. Maybe Circa will stand up and fight and treat their customers right, but you won't get any good promos, or offers. You'll have to beat them straight up at -110. Which is still extremely difficult.

The end.

[mjsuax13]

yep i said early i want the government and politics out of my games, i just dont get the love for these books, other than forums have been losing hits for yrs and this is a get fast money thing

Correct. Let’s not confuse anything though, this site/forum has always been about pushing players to their preferred (kickback) books to get cleaned out. Throw the players a couple table scraps on both ends in the process. Just another angle now.

[Mugsy777]

offshore is , and always will be much better

[carolinakid]

we are all going to wake up here and it all been a very bad dream lol

[jjgold]

The real test usa when promos stop

[mjsuax13]

The real test usa when promos stop

I agree. You will have much attrition from newbies getting cleaned out fast and giving up the chase. This isn’t “easy” like so many new players think.

[Snowball]

I think you guys are missing the obvious reason to stick to offshore: taxes

The sports betting system of tax in the U.S. is not unfair. And there are things you can do if you really want to.

[JacketFan81]

The sports betting system of tax in the U.S. is not unfair. And there are things you can do if you really want to.

I honestly have no idea how it works stateside. If it's similar to the wash-rule in stock investing, it's just gonna penetrate people over.

[carolinakid]

just think about how much the government take on lotto winners

[Runeblade]

Betonline destroys them

Get paid under 5 minutes

.......^

[thomorino]

The real test usa when promos stop

The promos will never stop because competition will only increase from here not decrease. There are far more books in New Jersey than most states, eventually there will be more books in other states too.

[thomorino]

The real test usa when promos stop

The books wouldn't be offering promos if they were losing money, they aren't, most bettors will still find ways to lose money even with the promos, and this books know this.

[jjgold]

The books wouldn't be offering promos if they were losing money, they aren't, most bettors will still find ways to lose money even with the promos, and this books know this.

Draftkings is losing tons of money son, last month one state alone 4 million

[thomorino]

Draftkings is losing tons of money son, last month one state alone 4 million

Draftkings isn't losing money, they may report a loss, but that doesn't mean they are losing money, that's just corporate accounting. Ther stock has gone nowhere but up for months and they are in over 30 billion dollar company. They are doing great.

[jjgold]

Companies doing great but they’re losing a lot of money because of massive advertising and cost right now they’re trying to dominate the market and it’s working

[thomorino]

Companies doing great but they’re losing a lot of money because of massive advertising and cost right now they’re trying to dominate the market and it’s working

They are reporting a loss in some states for tax purposes, the company is doing great, the stock performance tells the story.

[jjgold]

Ok Morino your sharp
Proven that already

[pokerdevil]

Go on Reddit and 95% of the posts are about legal books. Which makes no sense because it's only legal in 28 of 50 states rn. Who knows - it's Reddit - maybe they are censoring the posts about offshore - the same way they censor political stuff they don't like

I tend to think offshore will survive even if legal betting comes to 45 out of 50 states within the next 5 years. I can't explain why but it's my gut feeling

[d2bets]

Anything I've said is direct experience. Nothing is an assumption. Legal/regulated USA Books are fine. However, if we don't have offshore options AND USA books. Then it's going to suck big time. Draftkings is doing everything in its power to make it so that offshore goes away. Either by lawyering up and making them not allow customers from certain states, or by trying to shut them down in other ways.

If BTC/crypto becomes unusable for offshore it will also make it very difficult for them.

Hey man, DK just changed overnight and suddenly seems to be crap. Went from great to crap. Amazing.

[carolinakid]

if it looks too good most of the time it is

[jjgold]

Yep

Sbr is not dumb

Go on Reddit and 95% of the posts are about legal books. Which makes no sense because it's only legal in 28 of 50 states rn. Who knows - it's Reddit - maybe they are censoring the posts about offshore - the same way they censor political stuff they don't like

I tend to think offshore will survive even if legal betting comes to 45 out of 50 states within the next 5 years. I can't explain why but it's my gut feeling

[Wilfred]

I think you guys are missing the obvious reason to stick to offshore: taxes

Good luck moving the money and avoiding a 1099 in 2022

[d2bets]

if it looks too good most of the time it is

Nah I murdered them for a year. I know nothing lasts forever. Just strike while the iron is hot and then find the next iron.

Still some opportunity there, but less so.

[carolinakid]

with all this new money SBR brass must be giving us the players here that make this site a hell of a bash right???

[jjgold]

Most likely going to have a bash possibly at the meadowlands where FanDuel operates


Probably will have tours New York City and cruises from New Jersey into New York