1. #1
    EGrecu
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    How much money do big sportsbooks make per year net net after all expenses?

    Do they make millions?


    talking about betonline, betdsi, bookmaker, etc...

  2. #2
    jjgold
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    The big ones millions

    lol DSI maybe 200k they are small time

  3. #3
    EGrecu
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    Quote Originally Posted by jjgold View Post
    The big ones millions

    lol DSI maybe 200k they are small time

    I thought DSI been around for a very long time

  4. #4
    jjgold
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    They have but broke away from a bigger book

    Smaller book

  5. #5
    EGrecu
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    Quote Originally Posted by jjgold View Post
    They have but broke away from a bigger book

    Smaller book
    So you think they only make like 200-500K a year?


    You think betonline and my bookie make millions?

  6. #6
    pavyracer
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    Not a lot. Many bettors take them to the cleaners. That's why it takes forever to get paid when you win.

  7. #7
    jtoler
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    $38.50 after taxes

  8. #8
    EGrecu
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    Quote Originally Posted by pavyracer View Post
    Not a lot. Many bettors take them to the cleaners. That's why it takes forever to get paid when you win.
    99% of gamblers lose money


    It's very very very hard to win above 52%

  9. #9
    ChuckyTheGoat
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    Quote Originally Posted by EGrecu View Post
    99% of gamblers lose money


    It's very very very hard to win above 52%
    Pavy may be an exception. Most players get drilled. To the tune that they're even worse than COIN-FLIPPING.

    Bookmaking expenses are pretty minimal. I think top books hold 4% of their gross revenue.

  10. #10
    pavyracer
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    Quote Originally Posted by EGrecu View Post
    99% of gamblers lose money


    It's very very very hard to win above 52%
    Didn't you request payouts from multiple books? Are you saying you are one of the 1%?

    Post some plays and share your wisdom.

  11. #11
    ChuckyTheGoat
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    Ask any Local Bookmaker. They'll tell you that a FEW players might have a winning Football season, mostly based on luck and running good.

    Most bookies will tell you that they literally don't have one player who clears a consistent profit year-over-year. Not one.

    Bookmaking is one industry where IF you have half a brain, it's very hard to Net a Loss over time. Have to be prepared to pay off on the in-frequent bad swings. Over time, Bookmaking profit is a function of Betting $$ booked.

  12. #12
    wombat
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    Bookmaker and Heritage nets tens of millions per year guaranteed.

  13. #13
    mjsuax13
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    Why donít you start a book and find out?

  14. #14
    pavyracer
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    Quote Originally Posted by mjsuax13 View Post
    Why don’t you start a book and find out?
    He is too busy cashing in from multiple books. This guy never loses.

  15. #15
    Fishhead
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    Quote Originally Posted by pavyracer View Post
    Not a lot. Many bettors take them to the cleaners. That's why it takes forever to get paid when you win.
    BETONLINE/SPORTSBETTING pay most times in under 3 minutes............hundreds of thousands of payouts from them over the years.

  16. #16
    MiDNiTe
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    I remember seeing tab revenue 2.34 billion and their profit was something like 180 mil

  17. #17
    jjgold
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    Betus makes a fortune
    Mybookie real big revenue

  18. #18
    EGrecu
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    Quote Originally Posted by MiDNiTe View Post
    I remember seeing tab revenue 2.34 billion and their profit was something like 180 mil
    Tab?

  19. #19
    EGrecu
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    Quote Originally Posted by jjgold View Post
    Betus makes a fortune
    Mybookie real big revenue
    Wouldn't surprise me if they are 10 million +

    They trick everybody with big bonuses that have stupid rollover requirements

  20. #20
    gauchojake
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    bear, how many times can you ask the same questions? Does it ever get old?

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