Sportsbook Audit day is coming up soon.

[Peep]

I think all players should request ALL of their offshore funds be paid to them the Monday after Superbowl. This day could then be officially called "sportsbook audit day".

This is where we get to see who is playing around with player's money and who is not. OUR funds are supposed to be available at all times, it is our money.

What would happen? I suspect of the Carribean books The Greek, CRIS and Pinnacle groups could pay without working up a sweat.

I would bet the rest have a processor story.

Is this something to be worried about?

Yep.

[bigboydan]

It's that time of the year where players really need to play at B+ or higher rated books, Peep.

[durito]

It's that time of the year where players really need to play at B+ or higher rated books, Peep.

Like BetOnline and WSEX?

[Mudcat]

I dunno. I can't really say anything against the concept of safety. But every year since I've been betting offshore I have heard warnings about the day after the Super Bowl.

Nothing has ever happened to me personally. Maybe my memory is failing but I don't recall there ever being anything notable surrounding that day.

Lots of warnings, sure. In particular, posters like to say that if the Super Bowl goes a certain way, that will signal disaster in the industry. We should start to see those on Monday morning led by the jjgolds and raiders72002's of the world.

But nothing ever happens. I feel like more books collapse over the summer. But maybe I'm wrong. Nothing scientific here. Just my impressions.

Again, I have nothing against safety. I see no downside in erring on the side of caution. Just discussing.

[Peep]

I think Aces Gold making a blantant Superbowl bet the whole week before the Superbowl (they held the Cards at -14.5 while everyone else was at -13) then losing and closing started this fear.

They were on everyone's top five books list at the time.

[Shifty]

I think Aces Gold making a blantant Superbowl bet the whole week before the Superbowl (they held the Cards at -14.5 while everyone else was at -13) then losing and closing started this fear.

They were on everyone's top five books list at the time.

Actually they posted Rams -14.5 NE for their no juice special. The rest of the world had -14. To make matters worse they also had the best available moneyline on NE. Wonder how long they would have lasted had the Rams covered.

[Peep]

Thanks for the correction Shifty.

I did remember the part about them gambling alright anyways!

[JoeVig]

I dunno. I can't really say anything against the concept of safety. But every year since I've been betting offshore I have heard warnings about the day after the Super Bowl.

One word - Cascade. The timing was not necessarily "the day after" but they went completely no-pay shortly after Superbowl 2 years ago. They had some problems leading up to Superbowl, but I would call it the last nail in the coffin.

[Mudcat]

Okay. Well listen, it's not a bad idea - especially this year when economic times are tougher than they have been in years.

A little extra caution is a good idea.

[betbetter]

Ther's an element of risk in doing business online with any industry. The % of failure in this industry is no higher than anything else. Processing issues are'nt a story, that's common knowledge, paper checks are having to be routed throuh places like Oman. Some books have garnered reliable 3rd party processors, others not. There's no magic tunnel the money goes in to the USA, and it's not getting easier. We'd all be suprised the number and stature of offshore books that don't have all account balances at any given time I think.