Originally posted by spankie
Let's try and mimimize low payout requests
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Good point Spankie
Let's try and mimimize low payout requestsComment -
theirs is 100 aswell; 500 minimum for certain methods like b2b transfers.Originally posted by blackbeSStdern. course i play just at 5d and i always heard they have a $500 minimum
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i agree corbin. i always request the max.Comment -
AMEN ,,not everbody are rich,,,for some people 100 dollar are big money,,,,,Originally posted by milwaukee mikeComment -
WELL SAID ,,,,,,,,,,,,,,Originally posted by wantitall4moiUsed to be books loved people who requested small pay outs, because the books could actually afford to pay them. And thus build a reputation as a book that paid. Then people actually started requesting significant pay out (10K or more) and suddenly the facade crashed on most of these so called 'solid' books. Ones that had paid and paid suddenly slow paid people or out right stiffed them.
So perception was not reality.
But now years later and the truth about all of it getting exposed it is a hindrance now for books to pay anyone anything. So they raise withdrawal rates which is turn force guys to try and get to a larger balance to withdraw. All the while the books knowing full well most of these small times guys will never get to a number that makes mathematical sense to take money out. So it is just a cleverly disguised roll over scam on the books part.
So books have shit limits, ridiculous charges for pay outs, and any number of other ways to try and deter people from withdrawing or making money with them just to keep the facade rolling a little while longer.
The biggest irony is books that charge these amounts to withdraw are ones that cant afford to actually pay any other amount other than 500 or less to people who can somehow win. Get a guy in there that dings them for 5K or so and they would probably go
up.
I will clue you guys in on a thing I like to call reality. The WHOLE offshore industry is a house of cards soaked with gas and on fire. The only thing keeping it up is the fact everyone loses, and what few places left that let people bet dont have any sorts of limits that can really hurt them. because they have enough losers re-upping to pay off what few winners they have. The fact that the best books in the industry have all left the US market proves one thing...they dont need the US customers. If it were profitable for them to keep US customers they would. Despite the theories as to why these books keep leaving. But most f it is due to poker and the major hits that industry took and how it effected the offshore places more than it effected the sports betting aspect.
Pokers kept many of the dumps out there afloat for awhile, but the massive crackdown recently was the final straw for most. The sites casinos kept a lot of the sports books subsidized, now that isnt the case, so trying to rely solely on sport booking math just doesnt work. its akin to horse racing. If it werent for the casinos most tracks would have closed a long time ago.
Right now would be a prime time for local bookies to go back to work, only problem is the ones that know/knew what they are doing are dead or in jail and the younger ones were raised on the internet way of gambling so arent worth a shit. Which brings me back to my point that sports betting is dead. Beyond a recreational activity anyway.
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I usually get 25.00 payouts jj...im goodComment -
Originally posted by wantitall4moiUsed to be books loved people who requested small pay outs, because the books could actually afford to pay them. And thus build a reputation as a book that paid. Then people actually started requesting significant pay out (10K or more) and suddenly the facade crashed on most of these so called 'solid' books. Ones that had paid and paid suddenly slow paid people or out right stiffed them.
So perception was not reality.
But now years later and the truth about all of it getting exposed it is a hindrance now for books to pay anyone anything. So they raise withdrawal rates which is turn force guys to try and get to a larger balance to withdraw. All the while the books knowing full well most of these small times guys will never get to a number that makes mathematical sense to take money out. So it is just a cleverly disguised roll over scam on the books part.
So books have shit limits, ridiculous charges for pay outs, and any number of other ways to try and deter people from withdrawing or making money with them just to keep the facade rolling a little while longer.
The biggest irony is books that charge these amounts to withdraw are ones that cant afford to actually pay any other amount other than 500 or less to people who can somehow win. Get a guy in there that dings them for 5K or so and they would probably go up.
I will clue you guys in on a thing I like to call reality. The WHOLE offshore industry is a house of cards soaked with gas and on fire. The only thing keeping it up is the fact everyone loses, and what few places left that let people bet dont have any sorts of limits that can really hurt them. because they have enough losers re-upping to pay off what few winners they have. The fact that the best books in the industry have all left the US market proves one thing...they dont need the US customers. If it were profitable for them to keep US customers they would. Despite the theories as to why these books keep leaving. But most f it is due to poker and the major hits that industry took and how it effected the offshore places more than it effected the sports betting aspect.
Pokers kept many of the dumps out there afloat for awhile, but the massive crackdown recently was the final straw for most. The sites casinos kept a lot of the sports books subsidized, now that isnt the case, so trying to rely solely on sport booking math just doesnt work. its akin to horse racing. If it werent for the casinos most tracks would have closed a long time ago.
Right now would be a prime time for local bookies to go back to work, only problem is the ones that know/knew what they are doing are dead or in jail and the younger ones were raised on the internet way of gambling so arent worth a shit. Which brings me back to my point that sports betting is dead. Beyond a recreational activity anyway.
uhh no.. sports betting will never be dead.. i agree with some of what you are saying... but.. no... not dead.. we are just witnessing a new era.. just like people in the early 90's did..Comment -
Originally posted by yahooninoWELL SAID ,,,,,,,,,,,,,,
really ? so the handle on a champions league game being like 25million on betfair tells you sports gambling is dead?
have you ever been to the hilton super book on a Sat/Sunday during football season? yeah doesn't look dead to me..
just because you don't play enough places off shore... or dont have a local.. or don't play in vegas.. doesn't mean sports is dead broComment -
Betfair does more volume in one day than Greek does in 3 monthsComment -
Dead is a relative term. Sure soccer matches and tennis will get worldwide handles in some shops, for the most part the run of the mill events arent getting anywhere near the action they used to.
You talk about sportsbooks on Sat and Sunday, yeah full of guys splitting a 20 team parlay card or more than likely betting 2 dollar show tickets on the horses to get drink tickets.
The fact that they have to call a manager out to OK a bet on anything over 250 bucks shows just what sort of handle these books expect a day.
Basically sportsbetting is what buying lottery tickets used to be. You see a game (or a big jackpot) and you take a shot. it isnt anything steady for most people. Most guys start out and make a bet or two, maybe even post up a few bucks offshore but dont really expect to win. So they basically play until theyre broke. it is entertainment for them.
Which in a way so a good thing I guess, at least people arent pissing away all their money trying to get rich. But it also hurts peopel who try and do it for a living. Which right now just isnt possible. Even with credit shops limits arent all that great so even if you can get a lot of bets down you cant get the money volume flowing enough to make a decent amount steadily.
But the point that books that dont cater to US players and takes more action on a tennis game thanan NFL game makes part of my point for me. because I am mostly looking at it in a myopic manner anyway i.e. the US market.Comment -
what sports book have you been to in vegas where you needed approval for 250$??Originally posted by wantitall4moi
i was just in vegas 4th of july for my birthday.. I was laying bets anywhere from 200-800$ on baseball without a problem.. and i laid 2k on klitschko and overall 1500 on 3 bets in UFC ... I was at the venetian which isn't even a good sportsbook and no one even batted an eye at me bro ..
i am sure there are plenty of 2 $ bettors having fun on the ponies for free drinks.. but those are people hanging at low end shops to begin with bro..
if you want to make a living doing this.. then you really don't have any business being in the United States to begin with.. unless you live in Nevada...or have some serious "juice/pull" on the streets with locals who can move plays for you.. and even then you will need some help from offshore time to time..
But nothing has changed man.. i just think your "personal" mindset has...
books as well as vegas has always had "mom & pop" laying 20$ down on parlay cards.. sports betting has always been like this... but like buying lottery cards? really ? So if i bet on the dolphins this week.. and they loose.. does that mean if i bet them again next week i will win more money ??
yeah i agree people emerge from anywhere once superbowl or the national championship is on.. i have witnessed it myself first hand.. but that's how it's always been bro.. there are plenty of people that hit me up around super bowl time asking me if i will book them via my accounts or sources.. or will ask me to show them where to go... they know they will be at some party or event and want a little something on the game...
i just dont see how any of this is different from say sports gambling before bro ?
you go to the derby.. you want to bet the race....Comment -
LOL it was more hyperbole than anything else. But day was you could bet 5 figures and guys wouldnt bat an eye, on just about any sport. But it is good to know that they will take up to 4 figures before asking for help. i havent been to vegas in about 3 years, pretty much since I stopped betting full time but I doubt it is any better now than it was then. I know the offshore arena is a lot worse. Unless of course you have a few credit shops and can bypass they US embargo. Which isnt to hard to do but still takes some effort and extra chances to be taken.
Either way it isnt what it used to be and is a far sight from what it was just a few years ago.
Might all change if they open it up in the US. Which is a major if. But only way it is halfway decent is if the Government only regulates it and doesnt try to run it. Let books compete, get some good reduced juice places and exchange houses and it might revitalize it quite a bit. Only thing that would hurt it is if government watches it like a hawk and audits anyone who makes a certain amount of bets and sees how they pay their taxes. But as long as people at least try to be honest I dont see that being a major hurdle either.
Obviously the chances of that happening are slim to none but the deeper they run the country into the toilet the more desperate they get to try new forms of easy income.Comment -
JJ the books are making money.. Payout cost should be the last of there worriesComment -
Originally posted by beanbag
It is not only the cost but the paper trail , processing is the number one hurdle.
Most people have no clue what it takes to move money these days
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Sportsbetting overall is on the rise whether legal or illegal
Europe business is fine
USA online hurting some only because hard to post upComment -
I am going to try a direct cash for $100 soon see if it works last time I had trouble picking up for a dime but I am not banned from the company it is weird.Comment -
Minimum I ever took out was 200, and it was an e-wallet transfer, so I could try out a suspect book.Comment -
A billion dollars bet on the Superbowl every year, most books in Vegas take $100,000 bets on NBA sides, just a couple of examples I know of how ridiculous that statement is.Originally posted by wantitall4moiComment -
So if I 5x rollover my $50 token from sbr points to withdraw $250.
You have a problem with that small withdraw?Comment -
Disagree, it's their money, and with the political and economic climate we are in here in the U.S., I say everyone get whatever you can of YOUR OWN money.
Besides, the books have easily figured out ways to take INSTANT deposits. Delays in processing payouts are INTENTIONAL, not by necessity, in EVERY book A+ or D rated, and anyone claiming otherwise is naive.
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Originally posted by Wiggums5
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fukk that
if you try to cash out more than $100 most books will try to put you on a payment plan
sometimes i only cash out $100 to make them sweat
fukk themComment -
We will see this fall
Plan your $$$
Plan your bills so you do not have to get a cashout to pay your fukkin cell phone billComment -
Originally posted by jjgold
yeah i feel thats what guys are doing..Comment -
its your money, you should be able to withdraw whatever and whenever you want. its like being in vegas and after the game you to cash your ticket at the window and the teller tells you "well, you can only collect if you come back in 3 days, and oh by the way you cant cash in your winning ticket anyway because its only for $67.50"Comment -
$100 payouts? Fuk'in cheap skakes! You'll wait two weeks for a $100 payout? What do you need the money for, bingo or the lottery?
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although i do beleive what is being said is true, what about "small time" gamblers. I have an account with 5dimes, i deposited $50 about 3 months ago, and now i am just under $150, which is a lot of money to me. I mean i only make $350 a week and have a bunch of bills. I actually tried to get a small payout from them yesterday for 70 bucks, but saw they charged $20 to get a payout. that right there was enough to deter me from the payout. and yes, I did need the money I WON to help with bills i have. so how is it bad that some people cant afford to wager 2-300 a bet and have a 10k bankroll?. BTW ive been betting about 2-3 a wager.Comment -
I did a $100 payout today costed $40
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