Offshore, How much do they make??

[Dead Money]

Just wondering if anyone had any bottom line numbers on what theese guys clear annually?


I am sure it cost alot of cash to maintain the website, call centers, employees, plus affiliate costs, and advertising. I am sure there is alot of overhead that I did not mention.

Say a book always had a 50/50 split on bets taken, would the juice money alone be enough to keep them afloat?

I'm basically talking about A rated books, like the ones that SBR has atop the webpage.

Do these guys have to post financial records?

Sorry for all the questions just kinda curious about how the whole setup works.


Thanks,
DM

[tacomax]

If a book can't make a profit from the juice on a 50/50 split then they don't deserve to be in business - and they probably won't be. Lower juice models will need to run tighter ships than the -110 books in order to keep in business.

Regarding financial records, it's a bit hit and miss. By their very nature, a lot of companies operating illegally (in terms of the US at least) in an offshore location tend to be private companies bankrolled by one/a few individuals. There's no way you're going to get a look at thier books unless you can pay AK to get a copy of them.

However, some companies are listed on various stock exchanges and you can take a look at the financial accounts which they are obliged to submit. VIP, Sportingbet & BetOnSports are listed on the London Stock Exchange - their annual accounts will probably give you information which you might be interested in.

[datek23]

If a book can't make a profit from the juice on a 50/50 split then they don't deserve to be in business - and they probably won't be. Lower juice models will need to run tighter ships than the -110 books in order to keep in business.

Regarding financial records, it's a bit hit and miss. By their very nature, a lot of companies operating illegally (in terms of the US at least) in an offshore location tend to be private companies bankrolled by one/a few individuals. There's no way you're going to get a look at thier books unless you can pay AK to get a copy of them.

However, some companies are listed on various stock exchanges and you can take a look at the financial accounts which they are obliged to submit. VIP, Sportingbet & BetOnSports are listed on the London Stock Exchange - their annual accounts will probably give you information which you might be interested in.

Yeah call AK he has inside moves, lol.

[SBR_John]

VIP reported like $10 million in profit. I have seen WWTS report $ 4 million dollar quarters before they bought Cyber. Just to throw out a guess I would say a book like SportsInteraction makes maybe $40 mil and a Pinny probably like 5x that.

[raiders72001]

I've seen John's books. He reports $8m but gets another $3m with the trips to CR and Panama. He comes back with so much money that he has to charter a plane from CR when he comes back to the US to get enough people to carry the cash since the US has a $10k limit without declaring how much cash you have.