1. 04-25-10 08:36 AM #1
    BLACKIE
    BLACKIE's Avatar Become A Pro!
    Join Date: 09-25-09
    Posts: 430
    Betpoints: 252

    Thinking about starting an exchange.

    Been looking at advancing our offerings to the professional gambler. Can the market support another exchange?
    Reply With Quote Reply With Quote
  2. 04-25-10 08:39 AM #2
    Fishhead
    Fishhead's Avatar SBR PRO
    Join Date: 08-11-05
    Posts: 40,178
    Betpoints: 11769

    I would certainly think so, especially for residents in the United States.

    If it is operated in the same professionalism as Rebatewager has demonstrated in their short time in the offshore community, it would undoubtedly be a smashing success.
    Reply With Quote Reply With Quote
  3. 04-25-10 08:43 AM #3
    Richkas
    Richkas's Avatar Become A Pro!
    Join Date: 02-03-08
    Posts: 19,396
    Betpoints: 5

    If it is operated in the same professionalism as Rebatewager has demonstrated in their short time in the offshore community, it would undoubtedly be a smashing success.
    Reply With Quote Reply With Quote
  4. 04-25-10 08:44 AM #4
    mrmarket
    Update your status
    mrmarket's Avatar Become A Pro!
    Join Date: 01-26-10
    Posts: 4,953
    Betpoints: 0

    Is it going to be operated in the sportsbook or is it going to be a separate entity? If it is the latter then free money exchanges between the sportsbook and the exchange would get my money.
    Reply With Quote Reply With Quote
  5. 04-25-10 08:44 AM #5
    polskboy
    polskboy's Avatar Become A Pro!
    Join Date: 01-29-10
    Posts: 1,688
    Betpoints: 434

    Quote Originally Posted by Fishhead View Post
    I would certainly think so, especially for residents in the United States. If it is operated in the same professionalism as Rebatewager has demonstrated in their short time in the offshore community, it would undoubtedly be a smashing success.
    wow thats all i have to say.
    Reply With Quote Reply With Quote
  6. 04-25-10 08:47 AM #6
    BLACKIE
    BLACKIE's Avatar Become A Pro!
    Join Date: 09-25-09
    Posts: 430
    Betpoints: 252

    We definitely have the staff and resources to pull it off. It would be more of a betting club then an exchange with us taking a small percentage for managing it. I'm gonna work on a plan over the next week or so and would love member feedback on what they would like to see in a perfect exchange.
    Reply With Quote Reply With Quote
  7. 04-25-10 08:48 AM #7
    Chi_archie
    GASPING FOR AIR
    Chi_archie's Avatar SBR PRO
    Join Date: 07-22-08
    Posts: 63,130
    Betpoints: 2380

    keep us informed
    Reply With Quote Reply With Quote
  8. 04-25-10 08:49 AM #8
    minet123
    Is JJ a Higher Power ?
    minet123's Avatar Become A Pro!
    Join Date: 02-17-07
    Posts: 10,280
    Betpoints: 3753

    Blackie to be successful use the betfair model
    back and lay wagers
    In Play on National TV games to start
    Offer Horse Racing,Only the bigger tracks and only one to start I.E Belmont,Than Saratoga and Del Mawr than Santa Anita and ADVERTISE IN THE DRF buy a mailing list from brisnet.This will get people familiar with the concept on $2 wagers
    Don't give credit to the Lenny's and Jay's of the industry to seed the markets
    Stick with it and my fellow players will hate me for saying this but start with low commissions than as it becomes more successful use the betfair model with the points discount
    Reply With Quote Reply With Quote
  9. 04-25-10 08:50 AM #9
    BLACKIE
    BLACKIE's Avatar Become A Pro!
    Join Date: 09-25-09
    Posts: 430
    Betpoints: 252

    Most rec guys don't want to be bothered by an exchange so this would be a separate entity from the rebatewager brand with a board of directors made up of existing players overseeing the viability and liquidity of the club.
    Reply With Quote Reply With Quote
  10. 04-25-10 08:50 AM #10
    philswin
    philswin's Avatar Become A Pro!
    Join Date: 04-18-07
    Posts: 1,279
    Betpoints: 4640

    If the lines and the liquidity are there - people will come
    Reply With Quote Reply With Quote
  11. 04-25-10 08:53 AM #11
    mathdotcom
    mathdotcom's Avatar Become A Pro!
    Join Date: 03-24-08
    Posts: 11,689
    Betpoints: 1943

    you should hire Fishhead as a consultant if you want to do it right
    Reply With Quote Reply With Quote
  12. 04-25-10 08:57 AM #12
    BLACKIE
    BLACKIE's Avatar Become A Pro!
    Join Date: 09-25-09
    Posts: 430
    Betpoints: 252

    Keep your thought and suggestions coming. I gotta go but will check back in later.
    Reply With Quote Reply With Quote
  13. 04-25-10 09:10 AM #13
    whatsgood5
    Let's fuckin' do it
    whatsgood5's Avatar Become A Pro!
    Join Date: 10-13-09
    Posts: 15,359
    Betpoints: 0

    I would absolutely love to see this happen.
    Reply With Quote Reply With Quote
  14. 04-25-10 09:23 AM #14
    Yi
    Yi's Avatar Become A Pro!
    Join Date: 03-19-09
    Posts: 646
    Betpoints: 16

    Quote Originally Posted by BLACKIE View Post
    Been looking at advancing our offerings to the professional gambler. Can the market support another exchange?
    That would be the most exciting news in a long time.
    Reply With Quote Reply With Quote
  15. 04-25-10 09:25 AM #15
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Great idea

    certainly would work as long as rebatewager ran it

    you need guys like Fishhead and a few other sharps to assist in making sure it is set up right with great software.
    Reply With Quote Reply With Quote
  16. 04-25-10 09:39 AM #16
    SlickFazzer
    SlickFazzer's Avatar Become A Pro!
    Join Date: 05-22-08
    Posts: 20,209
    Betpoints: 2923

    FH would make an excellent consultant for this type of venture.
    Reply With Quote Reply With Quote
  17. 04-25-10 09:44 AM #17
    Brock Landers
    Forever in Debt to your Priceless Advice
    Brock Landers's Avatar Become A Pro!
    Join Date: 06-30-08
    Posts: 45,360
    Betpoints: 8792

    as long as moving money in and out are easy, you can be the next pinnacle
    Reply With Quote Reply With Quote
  18. 04-25-10 10:04 AM #18
    BLACKIE
    BLACKIE's Avatar Become A Pro!
    Join Date: 09-25-09
    Posts: 430
    Betpoints: 252

    Not only do I think we can move the funds efficiently. I think I can bring a lot of liquidity to the markets from my VIP business as a majority of it's members our in the financials. They have been asking me for an exchange for years.
    Reply With Quote Reply With Quote
  19. 04-25-10 10:09 AM #19
    Kemalettin
    Kemalettin's Avatar Become A Pro!
    Join Date: 03-20-10
    Posts: 1,351
    Betpoints: 78

    Lots of ppl in europe making money only in exchange..Some of them not even placed one line bet in their lives.believe me..Their profession %100 exchange..(betfair)
    Reply With Quote Reply With Quote
  20. 04-25-10 10:12 AM #20
    Dank_Fire
    Dank_Fire's Avatar Become A Pro!
    Join Date: 05-13-09
    Posts: 2,268
    Betpoints: 5453

    Great Idea...

    Id be the first to post up
    Reply With Quote Reply With Quote
  21. 04-25-10 10:18 AM #21
    minet123
    Is JJ a Higher Power ?
    minet123's Avatar Become A Pro!
    Join Date: 02-17-07
    Posts: 10,280
    Betpoints: 3753

    Quote Originally Posted by Kemalettin View Post
    Lots of ppl in europe making money only in exchange..Some of them not even placed one line bet in their lives.believe me..Their profession %100 exchange..(betfair)
    THIS !!!!
    Reply With Quote Reply With Quote
  22. 04-25-10 10:56 AM #22
    Karayilan9
    FENER / TRABZON
    Karayilan9's Avatar Become A Pro!
    Join Date: 01-10-09
    Posts: 3,742
    Betpoints: 105

    The market needs more exchanges, there isn't enough competition, have the back and lay options, start with a lower commission rate and don't penalize big winners with premium commission rates.
    Reply With Quote Reply With Quote
  23. 04-25-10 11:01 AM #23
    Jiggy Fly
    I got soul but I'm not a soldier!!
    Jiggy Fly's Avatar Become A Pro!
    Join Date: 05-02-08
    Posts: 1,256
    Betpoints: 280

    Great Idea. I'm there if it happens!!
    Reply With Quote Reply With Quote
  24. 04-25-10 11:04 AM #24
    Kemalettin
    Kemalettin's Avatar Become A Pro!
    Join Date: 03-20-10
    Posts: 1,351
    Betpoints: 78

    shame its only one book in the world offering every market (Betfair) Matchbook should improve their base and go bigger imho.Europeans knows this exchange stuff so matchbook not even interested with european market.A few deposit method available for us (they need to add ukash-paysafe-paypal-** wire etc.)
    If matchbook adds more european soccer and deposit withdrawl methods automatically they ll earn lots of eu customer so this means more market in other sports nba-nfl-mlb
    Reply With Quote Reply With Quote
  25. 04-25-10 11:07 AM #25
    Flying Dutchman
    Floggings continue until morale improves
    Flying Dutchman's Avatar Become A Pro!
    Join Date: 05-17-09
    Posts: 2,467
    Betpoints: 759

    With books throwing out folks left and right because they win, another exchange is good. It will be bonded, right?
    Reply With Quote Reply With Quote
  26. 04-25-10 11:10 AM #26
    Karayilan9
    FENER / TRABZON
    Karayilan9's Avatar Become A Pro!
    Join Date: 01-10-09
    Posts: 3,742
    Betpoints: 105

    Quote Originally Posted by Kemalettin View Post
    shame its only one book in the world offering every market (Betfair) Matchbook should improve their base and go bigger imho.Europeans knows this exchange stuff so matchbook not even interested with european market.A few deposit method available for us (they need to add ukash-paysafe-paypal-** wire etc.)
    If matchbook adds more european soccer and deposit withdrawl methods automatically they ll earn lots of eu customer so this means more market in other sports nba-nfl-mlb
    Betdaq is an exchange, not as good but its ok, Betsson also has an exchange and book, its pretty good.
    Reply With Quote Reply With Quote
  27. 04-25-10 11:10 AM #27
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Blackie get this going asap
    we need it for football

    you could knock out matchbook if done right and great software
    Reply With Quote Reply With Quote
  28. 04-25-10 11:11 AM #28
    Brock Landers
    Forever in Debt to your Priceless Advice
    Brock Landers's Avatar Become A Pro!
    Join Date: 06-30-08
    Posts: 45,360
    Betpoints: 8792

    This should be regulated by the US Government the same as the stock market...what the fuk is wrong here that we have to do this shit all black market?
    Reply With Quote Reply With Quote
  29. 04-25-10 11:13 AM #29
    Kemalettin
    Kemalettin's Avatar Become A Pro!
    Join Date: 03-20-10
    Posts: 1,351
    Betpoints: 78

    Quote Originally Posted by jjgold View Post
    Blackie get this going asap
    we need it for football

    you could knock out matchbook if done right and great software
    Yeah JJ right.Imho Matchbook has dandy software.not looks handy to me.Check www.betfair.com very understandable and classy page

    @Karayilan
    i was member @ betdaq there is not enough market and liquidity
    Reply With Quote Reply With Quote
  30. 04-25-10 11:16 AM #30
    Fishhead
    Fishhead's Avatar SBR PRO
    Join Date: 08-11-05
    Posts: 40,178
    Betpoints: 11769

    I really like the software at Matchbook
    Reply With Quote Reply With Quote
  31. 04-25-10 11:36 AM #31
    wrongturn
    Update your status
    wrongturn's Avatar Become A Pro!
    Join Date: 06-06-06
    Posts: 2,228
    Betpoints: 3726

    You can advertise it as regular book and seed each side -110 initially. I don't see why rec folks won't use it.
    Reply With Quote Reply With Quote
  32. 04-25-10 11:42 AM #32
    pitman
    Gmbln isthesureway 2getnothin frm sumthn
    pitman's Avatar Become A Pro!
    Join Date: 08-15-09
    Posts: 2,216
    Betpoints: 0

    if rebate wager katie shows some skin it will work
    Reply With Quote Reply With Quote
  33. 04-25-10 12:36 PM #33
    Dank_Fire
    Dank_Fire's Avatar Become A Pro!
    Join Date: 05-13-09
    Posts: 2,268
    Betpoints: 5453

    Quote Originally Posted by jjgold View Post

    you could knock out matchbook if done right and great software
    lol....and if he had ultra low prices with great liquidity.....easier said than done
    Reply With Quote Reply With Quote
  34. 04-25-10 01:36 PM #34
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Quote Originally Posted by Dank_Fire View Post
    lol....and if he had ultra low prices with great liquidity.....easier said than done
    Danker I know

    But Matchbook is POORLY managed and Rebatewager Group is greatly managed with high skilled people, if they get into exchange business they can make it work well.
    Reply With Quote Reply With Quote
  35. 04-25-10 01:37 PM #35
    jw
    jw's Avatar SBR PRO
    Join Date: 10-25-09
    Posts: 3,999
    Betpoints: 6737

    Quote Originally Posted by jjgold View Post
    if they get into exchange business they can make it work well.
    I wish someone would .... and quick - i'd give my left nut for a betfair account.

    Reply With Quote Reply With Quote
1234 ... Last
Top
« Previous Thread | Players Talk | Next Thread »