How a D rated book can become an A rated book.(hint: and make more money)

**magnavox** · 04-12-06, 02:14 PM

Payouts at Royal -- I agree, however I do not see anything wrong with their bonus scheme?

**Mudcat** · 04-12-06, 02:23 PM

I just posted this in the other thread but I think it is more relevant to this topic.

Originally posted by SBR_John

Can you imagine how much more business BetRoyal would do if they adopted let’s say WWTS’s standards for bonuses and payouts, which are not difficult standards.

I've been hearing variations of this for ages. It makes almost too much sense. There must be a reason books like Royal continue to operate the way they do.

The only reason I can think of is that the profit from scamming people is greater than the profit of an honest operation. Books like Royal usually end up paying people who find their way to posting forums, but maybe there are just that many people who don't - and they end up scammed and these books profit.

It must be the case. Otherwise why wouldn't they just adopt this obvious idea and stop throwing away money? I assume they like money.

I suppose another possibility is short-sightedness and incompetence.

JC · 04-12-06, 02:58 PM

Originally posted by SBR_John

My challenge to any low rated book is this:

Materially adopt the payout timeliness and bonus earn out policies of any A+ rated sports book.

In brief; if you are lets say a BetRoyal. Change your bonus and payout policies to match ANY A+ sportsbook and we will start immediately giving your sportsbook credit for making the change. SBR, EOG and TOW have all agreed that we can begin to look past questionable ownership groups of the past if we can accomplish the goal of effecting real change in bonus and payout policies.

We are all in Costa Rica and we are ready to meet with you. Can you imagine how much more business BetRoyal would do if they adopted let’s say WWTS’s standards for bonuses and payouts, which are not difficult standards.

John,

Don't do it. You are the last hold out not to take money from outright crooks. You don't need to lower your site to their level. Keep doing the right thing. Don't let Roberto and Ken point you down that road.

Tej, BetUS, and BOS are not of the past,they are present. Tej is still there. Carruthers has been there for years, and the same crooks still run BetUS despite the fact that Mike Foreman picks up a pay check every week.

**SBR_John** · 04-12-06, 03:18 PM

Thanks JC but I hope you did not miss understand me. I want to encourage the operations that dominate in the complaint department to make some meaningful changes. I want to convince them that these changes will help their operations make more money in the long run and help the entire industry. We will not accept anything from these operations so there is no issue there. What we are offering is to judge them less on their ownership issues in the future and put more weight into eliminating complaints that almost all revolve around bonuses and payout issues.

JC · 04-12-06, 03:31 PM

Outstanding debts are not just ownership issues whether it is Tej or BOS. They shouldn't be able to hide behind the corporate veil in the first case or "Under new management" in the second.

**natrass** · 04-13-06, 02:07 AM

I do think the 'more prudent' business approach would be beneficial to all.

However, you must always keep to the forefront exactly who you are sending your money to.

If a guy's proven modus operandi is to stiff when it suits then I do not want to do business with him/them.

If they did go down the 'more professional' route ... whats to say a bad season and suddenly they revert to type and we're back to the same old ... except even more folk have been sucked in.

A leopard cant totally change its spots ... and even if it did, I still would not want to chance it. There is plenty of choice. I personally do not need them whatever new coat they put on.