1. 11-18-21 02:27 PM #36
    Mike1029
    Mike1029's Avatar Become A Pro!
    Join Date: 10-14-14
    Posts: 237
    Betpoints: 408

    Offshore sites are basically done. A year from now they will be all done. JMO
    Reply With Quote Reply With Quote
  2. 11-18-21 02:35 PM #37
    jjgold
    jjgold's Avatar SBR PRO
    Join Date: 07-20-05
    Posts: 394,847
    Betpoints: 10

    Mike give it 5 years and 3 left
    Reply With Quote Reply With Quote
  3. 11-18-21 04:13 PM #38
    Orbison
    Orbison's Avatar SBR PRO
    Join Date: 09-07-20
    Posts: 4,679
    Betpoints: 153062

    Quote Originally Posted by Mike1029 View Post
    Offshore sites are basically done. A year from now they will be all done. JMO
    where will the residents of non-legal states play?
    Reply With Quote Reply With Quote
  4. 11-18-21 10:16 PM #39
    TheMoneyShot
    TheMoneyShot's Avatar SBR PRO
    Join Date: 02-14-07
    Posts: 28,045
    Betpoints: 21616

    Quote Originally Posted by Mike1029 View Post
    Offshore sites are basically done. A year from now they will be all done. JMO
    2-3 strong books will keep going. They won't be done.
    Reply With Quote Reply With Quote
  5. 11-18-21 10:34 PM #40
    Brock Landers
    Forever in Debt to your Priceless Advice
    Brock Landers's Avatar SBR PRO
    Join Date: 06-30-08
    Posts: 45,303
    Betpoints: 7443

    Quote Originally Posted by Mike1029 View Post
    Offshore sites are basically done. A year from now they will be all done. JMO
    Zero chance this is even close to accurate. And as if us players are their only customers
    Reply With Quote Reply With Quote
  6. 11-18-21 10:56 PM #41
    Waterstpub87
    Life-Style Arbitrage
    Waterstpub87's Avatar SBR PRO
    Join Date: 09-09-09
    Posts: 4,017
    Betpoints: 5878

    Quote Originally Posted by TheMoneyShot View Post
    2-3 strong books will keep going. They won't be done.

    This is the right answer.

    However, the books may be there, I would be more concerned with funding of the books and if they still take Americans. Think of the heat they got over the past 10 years, the domain name seizures, cracking down on money transfer services. This was done only with Las Vegas brick and mortar casinos pushing on them. Now they have several billion dollar companies pushing on the government to choke offshore.

    Take into account also, that the more states that legalize, the less offshore business. The best customers are not buying bitcoin and transferring to a sportsbook, when they can deposit with paypal in seconds to a legal book. The pool of customers they are left with is going to be sharper. Once California, Texas ect. are legal, its over.

    Bitcoin is going to cease to be the free for all it has been. Yes, local bitcoin will still be there, but how much longer will the main exchanges, like coinbase, last for gambling purposes. Even with a wallet in between, they have started to catch people. Thats only getting worse, not better.

    None of the signs are positive for offshore. I feel bad for the guys where its not legal yet. I hope it is soon. I would be concerned keeping large amount offshore for the foreseeable future.

    Bright side is that legal has been nicer than I expected.
    Reply With Quote Reply With Quote
First 12
Top
« Previous Thread | Players Talk | Next Thread »