Why a book out of business

[sofun]

Hello All
this is my first post here and I am new, Please welcome me at a your friends. Thanks

as I know that it cost thousand and thousand of dollars to open a sportsbook, so why there are so many books either out of business or becoming a bigggggggg stifffffffff books.

[bigboydan]

First off, Welcome to the SBR forum sir

My guess would be mis-management is the number 1 reason why new books fail.

[topgame85]

Failure to sign up players or giving away too much to obtain new players if it wasn't just a scam in the first place

[AgainstAllOdds]

start a new book, then let your first customers be LT profits, Ganch and Madcapper...see how long you stay in business...