Is it safe to amass large winnings at online sportsbooks

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • geist
    SBR Sharp
    • 11-07-10
    • 288

    #1
    Is it safe to amass large winnings at online sportsbooks
    I know there are high rated and low rated and blacklisted online sportsbooks out there. But on a hypothetical note, would it be safe to amass at least a hundred thousand of winnings in your book or even if you withdrew often over time cumulatively in the hundred thousands? Would they start to restrict your play or even bar you from their book altogether regardless of reputation? Just a thought, thanks.
    Last edited by geist; 02-26-11, 02:30 PM.
  • beerman2619
    SBR Hall of Famer
    • 12-24-09
    • 7752

    #2
    Good question i have no clue because i never win.
    Comment
    • StraitShooter
      SBR Posting Legend
      • 07-22-09
      • 10464

      #3
      Not many people ever will have that much so no one can tell you from experience. The guys who have dont post on forums they are too busy getting their balls licked by some gorgeous woman.
      If I was filthy rich I would not keep more than 10 grand anywhere

      But I guess if someone puts that much on a game I could see wanting 100 k balance
      Comment
      • YorkHunt
        SBR Hall of Famer
        • 12-11-10
        • 7496

        #4
        It depends what books?
        Comment
        • StraitShooter
          SBR Posting Legend
          • 07-22-09
          • 10464

          #5
          plus I would only go with a grade A book with a solid past. Im sure if anyone wanted to make absurd deposits and withdrawals they would put a manager in charge of your account and give you the red carpet

          Unless someone who has worked at a book can answer I would say the best move would be to call the book and specify your requirements
          Comment
          • frankzig
            SBR MVP
            • 10-26-09
            • 2268

            #6
            From what I see of who runs/owns what MOST operate on a shoestring. Bodog seems to be one of the largest and most transparent around.
            Maybe if we can get it together to change UIGEA to bring operators back into the USA they can be regulated(software,payouts etc etc).Right now there is no oversight-- even with SBR stepping in.
            So I would not build a bankroll-- cashout cashout cashout
            Comment
            • in2thethickofit
              SBR MVP
              • 09-26-09
              • 2622

              #7
              Originally posted by beerman2619
              Good question i have no clue because i never win.
              I don't want to agree with this but I do...
              Comment
              • xkgb
                SBR MVP
                • 11-29-10
                • 1328

                #8
                Originally posted by frankzig
                From what I see of who runs/owns what MOST operate on a shoestring. Bodog seems to be one of the largest and most transparent around. Maybe if we can get it together to change UIGEA to bring operators back into the USA they can be regulated(software,payouts etc etc).Right now there is no oversight-- even with SBR stepping in. So I would not build a bankroll-- cashout cashout cashout
                yep, i wouldnt trust any books with more then 10k+, bodog seems like the only one i would trust. although with 100k, i would only trust vegas
                Comment
                • jjgold
                  SBR Aristocracy
                  • 07-20-05
                  • 388179

                  #9
                  maybe 50K tops

                  UK ans Aussie Books much more
                  Comment
                  • brooks85
                    SBR Aristocracy
                    • 01-05-09
                    • 44709

                    #10
                    Not at Betus , i found out the hard way. Shame I didn't know about SBR before I signed up at betus.
                    Comment
                    • StraitShooter
                      SBR Posting Legend
                      • 07-22-09
                      • 10464

                      #11
                      Originally posted by brooks85
                      Not at Betus , i found out the hard way. Shame I didn't know about SBR before I signed up at betus.
                      Yes Sir forums saved my ass and kept me away from places like BetRoyal ..The chuck Simms of this world help alot and when a buncha guys say they are getting slow or no paid its easy to stay away

                      I used to gamble at idiot books like Sportsfanatic. comm and even SportsBook.com


                      Sportsbook.com has a great scam with their name easy to access for the googoling sheep and their CC processor takes your cash as good as they get

                      The book itself is a horrible nightmare when it comes to getting a pay out though and I swear I would not play there with free money. Not worth the impending aggravation if you ever are lucky enough to win
                      Comment
                      • Mr KLC
                        BARRELED IN @ SBR!
                        • 12-19-07
                        • 31097

                        #12
                        Originally posted by frankzig
                        From what I see of who runs/owns what MOST operate on a shoestring. Bodog seems to be one of the largest and most transparent around.
                        Maybe if we can get it together to change UIGEA to bring operators back into the USA they can be regulated(software,payouts etc etc).Right now there is no oversight-- even with SBR stepping in.
                        So I would not build a bankroll-- cashout cashout cashout
                        Totally agree. Don't trust a large amount of money somewhere where you can't totally control it.
                        Comment
                        • Justin7
                          SBR Hall of Famer
                          • 07-31-06
                          • 8577

                          #13
                          100k is fine at Pinnacle, Bookmaker or Greek. As a practical matter, you usually don't want more than 20 units at a book. What is the most you ever have in play at a book? If your balance is much above that, look for low cost/free ways to siphon it out.
                          Comment
                          • pavyracer
                            SBR Aristocracy
                            • 04-12-07
                            • 82637

                            #14
                            Never keep large amounts of money in a Sportsbook. There are many ways to invest that money and make more money than having them sitting dormant at a book.
                            Comment
                            • wiffle
                              SBR Wise Guy
                              • 07-07-10
                              • 610

                              #15
                              cart before horse, obv
                              Comment
                              • jjgold
                                SBR Aristocracy
                                • 07-20-05
                                • 388179

                                #16
                                paver some people need 50k in books to scalp

                                Actually hard to scalp without at least $25,000 in 5 books each

                                The top old school books your fine
                                Comment
                                • mvp123
                                  SBR MVP
                                  • 07-24-06
                                  • 1736

                                  #17
                                  did someone say bodog lol omg never never never
                                  id feel safe with that much in bookmaker and the greek as justin said but id never let it get that high because i would cash out , cashout , cashout lol
                                  Comment
                                  • FourLengthsClear
                                    SBR MVP
                                    • 12-29-10
                                    • 3808

                                    #18
                                    Betfair, Pinnacle and the UK Blue chips (Ladbrokes, Coral and William Hill) are rock solid
                                    Comment
                                    • jackkkk2009
                                      SBR MVP
                                      • 07-13-09
                                      • 1183

                                      #19
                                      matchbook, thegreek and pinnacle..
                                      Comment
                                      • szk1983
                                        SBR Wise Guy
                                        • 07-08-06
                                        • 642

                                        #20
                                        i would be nervous with that kind of money in any book, but obviously you wanna stick with the better books. The best thing would be to spread it out.
                                        Comment
                                        • leafsfan19
                                          SBR Wise Guy
                                          • 09-10-10
                                          • 620

                                          #21
                                          what about bet jamaica???
                                          Comment
                                          • sneak-a-peak
                                            SBR MVP
                                            • 11-07-09
                                            • 1373

                                            #22
                                            I made the mistake of running up a pretty big balance at wsex when it was highly rated and now i have no access to the cash- so yes be very careful. i dont believe anything is very safe in these offshore books anymore.
                                            Comment
                                            • Casperwaits
                                              SBR Hall of Famer
                                              • 08-25-06
                                              • 5042

                                              #23
                                              Originally posted by leafsfan19
                                              what about bet jamaica???
                                              Strong, safe book to keep large amounts of money in. Not that I have, but I know people that do.
                                              Comment
                                              • KC
                                                SBR MVP
                                                • 04-12-07
                                                • 1613

                                                #24
                                                I would feel safe at the Greek, not too many others
                                                Comment
                                                • captrobey
                                                  BARRELED IN @ SBR!
                                                  • 09-02-10
                                                  • 34355

                                                  #25
                                                  The most i ever won was $10000 and i did get it from Rebatewager
                                                  Comment
                                                  • tkim8404
                                                    SBR Wise Guy
                                                    • 01-28-10
                                                    • 622

                                                    #26
                                                    I'm in the never win and lose my shirt category so I would never know myself.
                                                    Comment
                                                    • brettels
                                                      SBR MVP
                                                      • 11-04-10
                                                      • 3376

                                                      #27
                                                      sportsbet dot com dot au or any TABcorp
                                                      Comment
                                                      • justonetime
                                                        SBR Sharp
                                                        • 11-17-09
                                                        • 297

                                                        #28
                                                        I would only trust Pinnacle with that kind of money. They have the funds and won't find a way to cheat you.
                                                        Comment
                                                        • magynuck
                                                          SBR Wise Guy
                                                          • 09-17-09
                                                          • 891

                                                          #29
                                                          There are a few that I would trust but not many.
                                                          Comment
                                                          • d2bets
                                                            BARRELED IN @ SBR!
                                                            • 08-10-05
                                                            • 39994

                                                            #30
                                                            It's safer to amass large winnings than to amass large losses.
                                                            Last edited by d2bets; 02-27-11, 01:17 PM.
                                                            Comment
                                                            • steve18
                                                              SBR Wise Guy
                                                              • 11-26-09
                                                              • 662

                                                              #31
                                                              I think at most books you're probably taking a risk. Few books have a good reputation that would make me feel like my money was safe.
                                                              Comment
                                                              • pjesnik24
                                                                Restricted User
                                                                • 11-01-05
                                                                • 1286

                                                                #32
                                                                I had some 70000 euros at one D sportsbook once and was very nervous but they paid within 7 days which is something I cannot say for B books around here
                                                                Comment
                                                                • pavyracer
                                                                  SBR Aristocracy
                                                                  • 04-12-07
                                                                  • 82637

                                                                  #33
                                                                  Lets say you deposited $10,000 at a book and you managed to run it up to $100,000. Most likely they will cut your limits. So if you keep the balance there you won't be able to make large bets anymore. So I see no reason to keep your money there.
                                                                  Comment
                                                                  • StraitShooter
                                                                    SBR Posting Legend
                                                                    • 07-22-09
                                                                    • 10464

                                                                    #34
                                                                    Originally posted by sneak-a-peak
                                                                    I made the mistake of running up a pretty big balance at wsex when it was highly rated and now i have no access to the cash- so yes be very careful. i dont believe anything is very safe in these offshore books anymore.
                                                                    Boy thats amazing how far that book toppled!.I was just thinking abut them, Jay Cohen and their D rating the other day. They used to be reliable and this is a great example of how any book can crumble

                                                                    If you twisted my arm Id trust Greek, BetJam and Pinny as my top three

                                                                    I just dont understand for such a huge book why bookmaker says 7-10 days on a simple w union or **
                                                                    Comment
                                                                    SBR Contests
                                                                    Collapse
                                                                    Top-Rated US Sportsbooks
                                                                    Collapse
                                                                    Working...