All books profile.Originally Posted by Mac4Lyfe
Hell, 5Dimes used to give me horrible lines because I won a few dollars over there. I'd literally be in the same room with a friend and my account was sometimes 1.5 points off.
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12-01-21 06:38 PM #36
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12-01-21 06:39 PM #37
So gamble responsibly, but don't you dare winning!
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12-01-21 06:45 PM #38
The real problem is that THE STATE sell their licenses and frame their laws on the basis it is a recreational and the huge fees are paid for the right to skim a guaranteed profit. Originally Posted by pavyracer
This is the inevitable corporate mindset that is driven by greedy states thinking more about profits than a fair system or player protection.
And why SBR needs to get state licensed as an ADR service as soon as possible.
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12-01-21 06:47 PM #39
So they admit what offshore won’t? What’s the story here?
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12-01-21 06:51 PM #40
Isn't US books supposed to be regulated by the government for the better though? Originally Posted by KiDBaZkiT
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12-01-21 06:51 PM #41
ADR service meaning a mediator in disputes? Originally Posted by Optional
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12-01-21 06:55 PM #42
Yes. Alternative Dispute Resolution service. Originally Posted by stevenash
Most mature jurisdictions require their licensees to nominate a third party ADR service they are willing to be bound by the decisions of.
Not happening in USA so far. I'd like to see SBR lobby for it.
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12-01-21 07:55 PM #43
Originally Posted by carolinakid
(ck) is a bitch Hubie….he couldn’t lead shit…. Originally Posted by hubie69
Nomination(s):This post was nominated 1 time . To view the nominated thread please click here. People who nominated: 5mike5
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12-01-21 08:58 PM #44
They basically want the $5.00 - $10.00 woman parlay player... oh I get it now lol
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12-02-21 08:15 AM #45
A truly disgusting position to take. Most any other business wants their customers to gain value whenever they make a transaction. DK is saying they want their customers to lose value by using their product.
Talking about "entertainment" is complete bullshit and shows exactly why it is such a disgusting and dishonest view for them to take. The entertainment comes from the chance to win. And they say they don't want anyone who maximizes their chances of winning. Which means they are saying they don't want to provide entertainment.Nomination(s):This post was nominated 1 time . To view the nominated thread please click here. People who nominated: Vene1616
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12-02-21 10:29 AM #46
Agreed they just lost me as a customer fukk that rich asshole for real. Originally Posted by TommieGunshot
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12-02-21 11:04 AM #47
Agreed fukk them but why would I respond by leaving? My response is I'll just keep beating them into submission and take their money. Originally Posted by BeatTheJerk
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12-02-21 02:02 PM #48
Wouldn't the state gaming commission handle these disputes? Originally Posted by Optional
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12-02-21 02:12 PM #49
I've never understood why a book would say this. This shit isn't rocket science. Build a great platform, offer competitive lines, maintain reasonable max wagers and keep the book balanced.
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12-02-21 02:13 PM #50
They don't in UK or Malta. Third party dispute mediation only there. But even in jurisdictions that do handle complaints themselves, "alternative" dispute resolution options can be offered. Originally Posted by RockBottom
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12-02-21 02:38 PM #51
Shouldn't be allowed. Just like insurance companies letting clients with 30 years of payment history cancel their policy (i.e. lose all their premiums paid without any recourse) with 'a single click'.
It's predatory, immoral and just wrong.Points Awarded:
EasyTiger gave Vene1616 2 Betpoint(s) for this post.
manny24 gave Vene1616 2 Betpoint(s) for this post.
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12-02-21 02:42 PM #52
I'm sure they will also gladly service men, trannies, shemales etc. Originally Posted by TheMoneyShot
Just not people who dare think of winning a dollar from them
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12-02-21 02:53 PM #53
The analogy to insurance is perfect. These companies aren't supposed to be making a guaranteed profit off of every customer. They're supposed to be playing the numbers. Once you start to fix things so that nobody wins, you start entering "scam" territory. Originally Posted by EasyTiger
The thing that baffles me is that they can just simply execute this plan and mostly likely get away with it. There's no need to say it out loud. Sheer stupidity. Originally Posted by Vene1616
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12-02-21 03:13 PM #54
Draftkings loses hundreds of millions
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12-02-21 03:14 PM #55
They do, but it's not from wagering. Their hold isn't great, but they do make money from the wagering. Just that their expenses are insanely high. Originally Posted by MinnesotaFats
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12-02-21 03:23 PM #56
Yeah right fantasy sports alone rakes in millions quarterly dude, you’re crazy af. Originally Posted by MinnesotaFats
Points Awarded:
agon gave BeatTheJerk 2 SBR Point(s) for this post.
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12-02-21 03:25 PM #57
Their earnings reports show a loss every quarter. Of course they have revenue from both fantasy and sports betting, just that their expenses far exceed these revenues currently. Whether and when that will change is the billion dollar question. Amazon lost money for a long time too. Originally Posted by BeatTheJerk
Nomination(s):This post was nominated 1 time . To view the nominated thread please click here. People who nominated: Vene1616
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12-02-21 03:56 PM #58
https://www.cnbc.com/2021/12/02/jim-...raftkings.html Originally Posted by d2bets
This was literally just posted. Traders sounding the alarm on DK.
Yes they overspent and underestimated their handle
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12-02-21 04:24 PM #59
Draftking rumors flying they are in trouble
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12-02-21 04:31 PM #60
All ADR service in Malta or UK offer almost 0 protection. Just tell me who pays their wages? Originally Posted by Optional
The reason that ADR services can't do much even if they are not corrupted is that online bookies can put any terms they wish and they make you accept them when you join,they also can update their terms.Many of this terms can be updated as many times as bookies want.These small prints practically give full power to online bookmakers that in case they do not want to pay they won't.The only solution would be if the license provider give licenses only to online gambling site which have fair terms at using them.In USA the states which give licenses bend over to the big corporations greed.
For example Brazil gives license only to online bookmakers who meet a certain threshold on odds quality.
Spain courts had on one case verdicted in favor of the players who were limited from bet365 just because they won.
I was just in a tour in Europe and at least in east Europe players mostly play on offlines betting sites based on credit&agent.Its so cheap to buy the betting software there.and once you have it you can resell,rent it or share the cost with others.
Everything is based on trust and enforcement.
Same thing is in Asia as well.
Players in East Europe trust more local shops bookies or offlines rather than online bookmakers.Last edited by agon; 12-02-21 at 04:55 PM.
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12-02-21 05:57 PM #61
This I didn’t know or could even fathom. Now his message to the public makes much more sense lol. Originally Posted by d2bets
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12-02-21 06:14 PM #62
Until at least recently I think they tolerated sharp action because it gave them volume. They like to impress investors with their handle. Well what better way to get big handle than by dealing soft number with huge limits. Their volume might have been a mirage and might dry up with tighter limits. Fanduel seems to do a better job of bookmaking. Originally Posted by BeatTheJerk
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12-02-21 06:18 PM #63
it was 15 years without ever filing a claim but this very thing happened to me when i built my original website Originally Posted by Vene1616
"we audited your account and don't think we can find a new policy for you this year.
you should look elsewhere to renew your liability binder once it expires."
told the owner of the company to never set foot in my town again or i will run him through the wood chipper
haven't seen him around
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12-02-21 06:26 PM #64
77 percent of their revenue is spent on marketing. Originally Posted by jjgold
Half a billion dollars.
That's insane.
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12-02-21 08:20 PM #65
So do Uber, Glovo etc. Their plan is to 'take over the world', you shouldn't feel sorry for sons of bitch*$ Originally Posted by MinnesotaFats
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12-02-21 08:21 PM #66
You're in bed with DK, but there's no erection? Originally Posted by jjgold
Points Awarded:
agon gave Vene1616 1 SBR Point(s) for this post.
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12-02-21 08:30 PM #67
Bang the book if they boot you out, bang the next book. Fuuk worrying.
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12-02-21 08:53 PM #68
Has anyone here been limited by Draftkings??
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12-02-21 08:54 PM #69
No one on this site. Originally Posted by Bluehorseshoe
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12-02-21 09:14 PM #70
It's all relative. Everyone is limited. It's hard to know if you're targeted without knowing what everyone else can bet. But yeah, I can bet 80% less now than 2 weeks ago. Originally Posted by Bluehorseshoe
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