Can you trust Betting Brokerages?

**kkkkk** · 07-09-13, 06:17 AM

they enable high volume betting

**roanildinho** · 07-09-13, 07:12 AM

Which means no limits? on personal account?

**roanildinho** · 07-09-13, 11:37 AM

Also why do us citizens complain about having no options to play with, why dont they use betting brokerages,

if they offer good odds, dont limit, and accept us residents, why dont they just use these, this is their pinnacle.

**Ruifgalmeida** · 07-09-13, 11:44 AM

dont think that they accept americans

But this guys are not available for everibody I think their minimum bet is somewhere in 1000$ range , they are for realy high rollers who cant place a bet in recreational bookies.

**roanildinho** · 07-09-13, 11:49 AM

Ruif, so how come regular books dont accpet this kind of action? these kind of high rollers? How do betting brokerages make any cash?

**Ruifgalmeida** · 07-09-13, 12:07 PM

This betting brokers are made for high rolers who want to bet in the range of a million(s) dolars , regular bookies piss their pants if someone is betting 5K,I am cluless how they get this large bets, they are kind of a mistery.
Like any broker I think that they recieve a comission from every bet they made.

**roanildinho** · 07-09-13, 04:44 PM

How do you bet with a brokerage?? ..

**Santo** · 07-09-13, 06:54 PM

There has been at least one high profile betting broker that has gone bust-o, owing a ton of money. Not something I would trust personally.

**roanildinho** · 07-09-13, 07:18 PM

who?

**Santo** · 07-09-13, 07:33 PM

http://sportismadeforbetting.wordpress.com/2008/08/28/betbrokers-goes-broke/

N.B. The current betbrokers.com claim to be a different company.

**Wulfman14** · 07-09-13, 07:36 PM

santo check yur PMs bud

**roanildinho** · 07-09-13, 07:49 PM

just a question how do exchanges like wsex lose money and go broke if they make guaranteed profit off of every bet

**Santo** · 07-09-13, 08:07 PM

WSEX was never really a true exchange. Matchbook/Betfair are in theory, but even there you can have problems. Look at the history of SportsOptions but the problems start when you start providing/guaranteeing liquidity or not segregating client funds from operating costs.

**roanildinho** · 07-09-13, 08:29 PM

hmm interesting.

**roanildinho** · 07-10-13, 11:38 AM

And why doesnt SBR REVIEW THEM THEN!!!!!!!!

**byronbb** · 07-10-13, 11:54 PM

Originally posted by roanildinho

Ruif, so how come regular books dont accpet this kind of action? these kind of high rollers? How do betting brokerages make any cash?

They offer their clients -105 when they can buy at -104. Moreover if they have 2 way action they can just "cross book it". After that they profile their sharp clients and bet with them, and/or buy back after the line moves. Pinnacle and SBO et al will also give rebate on large volume.

**roanildinho** · 07-11-13, 03:29 PM

so i guess they make money by even action>? and they dont limit?

**Digo** · 07-11-13, 05:14 PM

Amazing how people always ask for trouble! Try a solid Book man...

**roanildinho** · 07-11-13, 05:31 PM

Why not brokerages..