Seriously, Is Online Gambling even worth it for American posters ?

bigboydan · 10-10-11, 07:54 PM

It is "IF" you play at top tier type establishments like the ones I've listed below sir.

5Dimes (SBR Rated A+)
Bookmaker (SBR Rated A+)
Bodog (SBR Rated A)
BetIslands (SBR Rated B-)
DSI (SBR Rated A+)
Legends (SBR Rated A+)

allabout the $$$ · 10-10-11, 08:04 PM

Originally posted by bigboydan

It is "IF" you play at top tier type establishments like the ones I've listed below sir.

5Dimes (SBR Rated A+)
Bookmaker (SBR Rated A+)
Bodog (SBR Rated A)
BetIslands (SBR Rated B-)
DSI (SBR Rated A+)
Legends (SBR Rated A+)

if i do recall there used to be some high rated books here b+ or better that have gone under did sbr pay back the customers for the funds that were lost since the books they recommended went under

advertising $$$$ doesnt mean they will pay the customers at least at an old forum i used to post at they guaranteed you 1000 if you didnt get paid from their sponsers

birdmanweezy · 10-10-11, 08:09 PM

you dont have to pay 30% if you dont report it

vyomguy · 10-10-11, 08:19 PM

Originally posted by bigboydan

It is "IF" you play at top tier type establishments like the ones I've listed below sir.

5Dimes - For kids playing with lunch money. Will limit if you show any signs of having a brain.
Bookmaker - Possibly the best book for US players. But bad lines and high withdrawal fees.
Bodog - huh?
BetIslands - WTF? Are you even serious? How long have they existed?
DSI - Same as bookmaker...solid shop. However high withdrawal fees and limit winning players.
Legends - Show brain and they show you the door or limit you to pennies.

There you go

teaserpleaser · 10-10-11, 08:35 PM

Originally posted by birdmanweezy

you dont have to pay 30% if you dont report it

tanner40 · 10-10-11, 08:37 PM

Originally posted by vyomguy

The only good thing about this is the "thrill" or the "adrenaline rush" you get while watching the games. Makes watching games more entertaining.

Isn't that why we are here?

Hareeba! · 10-10-11, 09:40 PM

I couldn't imagine myself being bothered with betting if I were living in the US based on what I've been reading here about the high costs of depositing and withdrawing; all the limitations and restrictions and crap odds and then if there is any net profit after all that you are required to pay tax on it.

SmartInvestment · 10-10-11, 10:13 PM

Pretty much anything fun to do in the US comes at a high cost with stupid overhead. Although I will be at the NYG/Bills game in NYC this weekend, and you can only get that awesomeness in the US. Just not certain how to bet it yet...

Leo Bello · 10-10-11, 10:24 PM

Originally posted by vyomguy

Step 1 :- Looking for a good sports book online?

Issues:- Most books scam you.

Barely around 2-3 books are good.

Many people don't even know about these good books unless they visit SBR or other ratings site.

Step 2:- I found a good book...now how can I deposit?

Issues:- You can't deposit with this method that method...blah blah blah.

Also have to deal with bank bull-shit.

Step 3:- Ok finally made a deposit online...now lets start betting.

Issues:- 98% of the people lose in sports betting long term.

Have to deal with ridiculous -110 lines, limit winning players etc..

Step 4:- Hey I was lucky to be among 2% that win

....Now how can I withdraw?
Issues:- Limit on how much you can withdraw per month.

Hefty fees for withdrawal. Bounced Checks.

Long delays while withdrawing.

Step 5:- Hey I survived steps 1-4...yahoooo

....I have the money in my hands baby.

Issues:- You have to pay 30% of the winnings to Uncle Sam sir

Bottom Line, Online Gambling in US in general is -EV and not worth all the hassles. Too much bull-shit to deal with. The only good thing about this is the "thrill" or the "adrenaline rush" you get while watching the games. Makes watching games more entertaining. Besides that, too many hassles to deal with online gambling in US. Oh, lets not forget that these online books can be closed anytime by DOJ

.

Oh and don't talk about the "stick to local" bull-shit. Do you really want to deal with those kind of underground people? You don't pay him, he will break your leg...good luck with that

The best possible solution is to move to country where online gambling is legal and tax-free...like UK. Don't have to deal with any of the above mentioned bull-shit.

It took a lot of guts to publish that, Mr. Vyomguy. Likewise, kudos to SBR for not deleting it. Logically, it is difficult to find fault with anything you wrote. I always read with amazement and admiration when some people state they have $90,000 in some book, and they 'hope' their money is safe. These people are gambling on more than who wins the games. Despite SBR's admirable and legitimate attempts at playing advocate for the player, while maintaining a civil relationship with the books that pay their 'nut,' things are in place to happen that nobody can control and could happen that the books would be helpless to stop. Am I being negative? Maybe. But just look at the past before you pummel me.

Everyone talks about positive EV and what this or that 'edge' is worth, but you had better factor in the 'high cost' of redeeming your money, of the egregious 'length of time' it takes for them to send you your own money! You are facing some tough odds. And please, anyone who would pack up and leave this country so they could bet on a Steeler or Bear game is downright crazy.

There is nothing wrong with betting on games or enjoying the thrill of winning or losing, or participating in the challenge of 'beating the house.' I'm not against it. But Mr. Vyomguy's post should be read with some respect. The casinos kick you out if you count cards; the Wynn just filed suit against three craps shooters who won almost a million bucks, whom they accuse of throwing the dice in a way where they twirlled but did not flip end over end or hit the backboard, and Nevada sportsbooks as well as offshore joints will toss you if you show any proficiency and win consistently. The truth is that bookies hate and despise players, and, if the truth be told, players hate the books and would like to break their ass.

Anyway, sticking with SBR's highest rated books and keeping modest bankrolls (different for each player) would be the best bet in my humble opinion.

BiTeMe UsAdOj · 10-10-11, 10:27 PM

I think OP woulda drove his point home much better if he'd only used more emoticons.

DiggityDaggityDo · 10-10-11, 10:31 PM

Pay 30% to uncle Sam???

Hareeba! · 10-10-11, 10:37 PM

Originally posted by DiggityDaggityDo

Pay 30% to uncle Sam???

quite extraordinary how many on here are prepared to break the laws of their land

No coincidences · 10-10-11, 10:39 PM

Originally posted by bigboydan

It is "IF" you play at top tier type establishments like the ones I've listed below sir.

5Dimes (SBR Rated A+)
Bookmaker (SBR Rated A+)
Bodog (SBR Rated A)
BetIslands (SBR Rated B-)
DSI (SBR Rated A+)
Legends (SBR Rated A+)

Because SBR's rating system is so objective, right bbd?

Come on. Bodog?

jjgold · 10-10-11, 10:40 PM

I never had trouble playing at books whether depositing or withdrawing

Heritage
Rebatewager
Bookmaker

No coincidences · 10-10-11, 10:41 PM

Bottom line: if you're playing recreationally, it is. If you're playing to make legitimate money or a living, no it's not.

tatommack · 10-10-11, 10:42 PM

If you are looking to make a living betting sports better move to Vegas. If you start winning all the time books will shut you down.

Majman · 10-10-11, 11:01 PM

Originally posted by bigboydan

It is "IF" you play at top tier type establishments like the ones I've listed below sir.

5Dimes (SBR Rated A+)
Bookmaker (SBR Rated A+)
Bodog (SBR Rated A)
BetIslands (SBR Rated B-)
DSI (SBR Rated A+)
Legends (SBR Rated A+)

What's the matter with Heritage? I've found their customer service, reliability and offerings to far exceed those of Bodog, 5Dimes and Betonline.

neverstoppers23 · 10-10-11, 11:08 PM

I am sticking with Betislands right now, they only accept deposit through ** or **********. And the best part is you get ********** payouts. So you know you will get your money very fast.

neverstoppers23 · 10-10-11, 11:09 PM

LOL. wow . I guess my post makes no sense now.

Killer_Demo · 10-10-11, 11:54 PM

i like having no rollover in vegas...cash my ticket and bounce!!!

Aristocles · 10-11-11, 12:14 AM

No.

zsr · 10-11-11, 12:15 AM

It is if your in vegas. If your playing offshore, hell no. Like someone said sbr isnt going to pay you back when a sponsor runs, which will happen. The only reason the books are sponsors is because they pay sbr, not because your money is safe there.

Scooter · 10-11-11, 12:23 AM

Originally posted by tatommack

If you start winning all the time books will shut you down.

Exactly the same in Vegas.

Books will also refuse one's wager and move the line, and many other shoddy practices to penalize the player.

Then one has to contend with the always present possibility of being robbed, either inside the casino, in the parking lot, or being followed and robbed at home.

I tried to get in a (Vegas) phone play this weekend, the automated system told me that I had to wait for approval, then that it would transfer my call, then I was disconnected.
I called back and got the shift manager, who told me (surprise, surprise!) that the line had changed.

You people have an unrealistic view of what it is like to bet sports in Vegas.

robzilla · 10-11-11, 12:32 AM

Either move to Vegas, or more to an other country.
If youre not going to move, you arent serious about this.

zsr · 10-11-11, 12:37 AM

Originally posted by Scooter

Exactly the same in Vegas. Books will also refuse one's wager and move the line, and many other shoddy practices to penalize the player. Then one has to contend with the always present possibility of being robbed, either inside the casino, in the parking lot, or being followed and robbed at home. I tried to get in a (Vegas) phone play this weekend, the automated system told me that I had to wait for approval, then that it would transfer my call, then I was disconnected. I called back and got the shift manager, who told me (surprise, surprise!) that the line had changed. You people have an unrealistic view of what it is like to bet sports in Vegas.

You have an unrealistic view of playing offshore. Win 100k in vegas and get paid. Win 100k offshore and dont see a dime. The line shifting half a point doesnt mean shit if your getting paid. Limits in vegas are much higher than offshore too, do you not realize this?

Scooter · 10-11-11, 12:54 AM

zsr - "You have an unrealistic view of playing offshore."

You haven't a clue what my opinion is of playing offshore. I only addressed your delusions of Vegas as a panacea for the problems of US sportsbettors. I gave no information of my opinion of playing offshore.

I do have a clue as to internet blowhards, and it's obvious that you are typical:

zsr - "Im not playing 25 or 50 a game. I play for real money..."

zsr - "Looking for a 933 point loan. Ive had 2 loans in the past and paid them off quick. I realize this is quite a bit to ask for a third loan..."

On the one hand playing for "real money".
On the other begging (for the 3rd time recently) for sbr points worth about half a cent apiece.

zsr · 10-11-11, 01:02 AM

Yes, looking for 933 points to get an Ipad for free proves i dont play for real money... I actually play in vegas on a regular basis pal, clearly you havent a clue about playing in vegas and my post proved that, so you went through my posts looking for something to change the subject.

zsr · 10-11-11, 01:04 AM

...

EmpireMaker · 10-11-11, 01:06 AM

it's worth it if you win

zsr · 10-11-11, 01:15 AM

Bottom line OP, if your serious about sports betting, move to vegas. No fees, cash in hand, no baby limits like offshore, no worrying that your money isnt safe.

mtneer1212 · 10-11-11, 01:20 AM

If you are one of those guys who has $25 in his pocket, sends it offshore, and hits a 4 team teaser at 3-1, then wants to withdrawal his $100 to take the wife out to dinner and buy some new mudflaps for his truck --- then no, it isn't worth it.

If you want to put $300+ in a book and try to run it up for a 4 figure amount and then withdrawal it -- then yes it is worth it.

Preston09 · 10-11-11, 01:27 AM

Vegas Baby!!!!

the_orangekat · 10-11-11, 03:29 AM

The only good thing about this is the "thrill" or the "adrenaline rush" you get while watching the games. Makes watching games more entertaining.

Well put and very true.

Hareeba! · 10-11-11, 03:57 AM

Originally posted by the_orangekat

The only good thing about this is the "thrill" or the "adrenaline rush" you get while watching the games. Makes watching games more entertaining.

Well put and very true.

Not for everyone
I rarely get to watch the events I bet on
And that's probably a good thing!