Most $$$ In An Account

[ericmangin]

Hey Guys,

What is the most amount of money you would keep in an A-rated account?

[Stumpage]

Eric, at various times over the last decade I've regularly had $20,000 to $40,000 in Pinnacle, Greek or BetCris. At no time did I ever feel nervous about those amounts, but everybody will have a different opinion of course.

I'm also quite sure that those totals are low compared to the amounts others around here had(have) in their accounts.

[Halifax]

It's all relative to one's bankroll and net worth ... $1,000 is a lot to some people, while $100,000 isn't all that much to others.

If I was strictly considering the credit-worthiness of a book (ie. the ability and willingness to pay), I wouldn't have a problem having a $100,000 balance at a book like Pinnacle, Olympic, CRIS, Matchbook/WSEX, etc. I don't think I would ever have a need to have that much money at a particular book (with the exception of Mansion circa 2005), but I wouldn't feel uncomfortable about it if I did.

However, there are other factors to consider beyond just credit-worthiness. A couple of factors that I immediately thought of:

1. What if the government (U.S, Costa Rican, etc.) somehow managed to close down a book like CRIS and confiscate their funds (similar to what happened with Neteller or BetOnSports). If something like that happened, the book might not be able to pay, even if they wanted to.

2. What if someone stole my password or otherwise hacked into my account and managed to take my money or transfer it to another account. This type of thing is probably my biggest concern and the main reason why I don't like my accounts to build up too, too high.

------------------------

Oh, I forgot Number 3 .... if my 13-year old son gambles away my balance at online blackjack .. then I'll have to drag my 22-year old ass back to the take-out window at Mcdonalds and go back to work.



.

[Casi]

Only 2 books on the SBR list atm where i would keep 100k or more, Pinny and Greek.
I think the highest i had was 220k at Pinny, and i didn´t loose sleep over it It´s peanuts for those guys.

Lots of books slipped a bit...Wsex for example, i had no problem having up to 50k there. Right now I would feel uncomfortable with more than ~15k.
Same with CRIS, not more than ~25k.

Besides CRIS, Pinny and Greek you shouldn´t trust any U.S. based books with very large amounts. Those are the top 3.

[big joe 1212]

It's all relative to one's bankroll and net worth ... $1,000 is a lot to some people, while $100,000 isn't all that much to others.

If I was strictly considering the credit-worthiness of a book (ie. the ability and willingness to pay), I wouldn't have a problem having a $100,000 balance at a book like Pinnacle, Olympic, CRIS, Matchbook/WSEX, etc. I don't think I would ever have a need to have that much money at a particular book (with the exception of Mansion circa 2005), but I wouldn't feel uncomfortable about it if I did.

However, there are other factors to consider beyond just credit-worthiness. A couple of factors that I immediately thought of:

1. What if the government (U.S, Costa Rican, etc.) somehow managed to close down a book like CRIS and confiscate their funds (similar to what happened with Neteller or BetOnSports). If something like that happened, the book might not be able to pay, even if they wanted to.

2. What if someone stole my password or otherwise hacked into my account and managed to take my money or transfer it to another account. This type of thing is probably my biggest concern and the main reason why I don't like my accounts to build up too, too high.

------------------------

Oh, forgot Number 3 .... if my 13-year old son gambles away my balance at online blackjack .. then I'll have to drag my 22-year old ass back to the take-out window at Mcdonalds and go back to work.



.

good thinking!
You never know what the govt's could do!

[UntilTheNDofTimE]

ur 22 and your son is 13????

[Halifax]

ur 22 and your son is 13????

Inside joke.

Please see the following thread:

http://forum.sbrforum.com/sportsbooks-industry/145016-betphoenix-problem.html#post1522037

[BouncedCheck]

LOL

[bettilimbroke999]

Oh, forgot Number 3 .... if my 13-year old son gambles away my balance at online blackjack .. then I'll have to drag my 22-year old ass back to the take-out window at Mcdonalds and go back to work.

Happens all the time, 13-year olds playin blackjack and emptyin their 22-year old fathers sportsbook account that he leaves logged in while he goes out is a huge problem for the industry, ucbears has had this happen at least 5 times in the past month, luckily he was able to ********** each time on advice from his lawyer. Then he finally avoids his blackjack addicted 13-year old son bustin him and hits a big all-in first deposit 4-teamer and these terrible books dont want to pay him, unfreakinbelievable

[flyingillini]

I do not like to keep more than 5k in my book. If it reaches anymore than that I yank some out... .I am safe with 5k in a book.

[Pat_Bateman]

Only 2 books on the SBR list atm where i would keep 100k or more, Pinny and Greek.
I think the highest i had was 220k at Pinny, and i didn´t loose sleep over it It´s peanuts for those guys.

Lots of books slipped a bit...Wsex for example, i had no problem having up to 50k there. Right now I would feel uncomfortable with more than ~15k.
Same with CRIS, not more than ~25k.

Besides CRIS, Pinny and Greek you shouldn´t trust any U.S. based books with very large amounts. Those are the top 3.

are you serious you had 220k? was that mostly from winnings or deposits? just curious thats a huge amount of money to me

[Justin7]

I'd have no trouble keeping 20% of my net worth in any of these books:
Pinnacle
Matchbook/WSEX
Greek
BM/Cris

If you are a 1. a small player; 2. with a bankroll of less than 50k, 3. recreational, I'd have no problems leaving 20% in any book rated B- or higher for 1+ years.

[Casi]

are you serious you had 220k? was that mostly from winnings or deposits? just curious thats a huge amount of money to me

I always played a mix of bets that i didn´t "cover" (only play 1 side), and Arbs. It happened that the Arbs went to Pinny (they usually have the sharp side thou), and me being lucky enough to beat them "on my own"

It´s a lot i know, but i did this for living without having a real job for years. When i had enough money at the other books, i thought it is safe to keep a large amount at Pinny. I felt more comfortable with them then with Neteller, who had problems at this time (US feds).

[SlappyWhite]

I try to keep about 10 times my max bet.

[bettilimbroke999]

I'd have no trouble keeping 20% of my net worth in any of these books:
Pinnacle
Matchbook/WSEX
Greek
BM/Cris

If you are a 1. a small player; 2. with a bankroll of less than 50k, 3. recreational, I'd have no problems leaving 20% in any book rated B- or higher for 1+ years.

So losing 20% of your net worth in Cascade, then another 20% in BetRoyal would've been acceptable? Net worth must be low

[Casi]

err yeah that is very bad advice..i wouldn´t leave any large amounts in B books, or even As that are not as solid as the top books.
A book collapsing can come out of nowhere, be careful.

[durito]

So losing 20% of your net worth in Cascade, then another 20% in BetRoyal would've been acceptable? Net worth must be low

BetRoyal was never rated above D.

Cascade did peak at A- and some people got hosed, but they were never considered anywhere as solid as the books Justin listed by more people.

i have no problems with large sums of money at any of Pinny, Cris, Greek, WSEX group of books.

edit: i didn't read the last part of justins post. i really hope he means 20% of your bankroll (which at the 50,000 level would mean 10k) not 20% of your net worth.

that said i've gotten many 5 figure payout from D and C rated books. sometimes the risk is worth the reward

[bettilimbroke999]

Glad to hear Royal was never rated high, I was under the impression from all the money they took they must've been rated high but apparently ppl were just takin a chance on a low rated book and got unsurprisingly screwed, still Cascade being A rated shows that anything can happen, Im sure some people trusted Cascade with big balances up until the end and it cost them

[SSLP]

My highest has been $19k at Pinny a few years back had a great 2 weeks and built a $2000 deposit to that .

Now what I to do contain myself is deposit what I want to play for the weekend like say I deposit $500 or $1000 to play a couple of NFL games or soccer games I really like.

Say I win $1200 i cash out my original deposit and just leave my winnings there . And then just play that out if i build it up ill cashout if not .. no big deal

This is good for me because my cash flow is no were near what it was before and this way i dont have to fight my own demons knowing i got alot of money in an account and then have my inner gambler take over.

Since i work in books i can tell you i have seen 4 huge accounts in my life.

1 . Ill day the name of the book cuz its out of business BetOnSports
An asian who would deposit $250k at a time

2. An account at a B rated book with $375k in it for almost 2 years
off a $300 k deposit

3. A credit account of $750k

4. Last but not least , i ran into by mistake .... I was running a query on ASI of the biggest losers in that particular book to call em and have them reload I saw an account that would send over 1 million a month

I felt so phucking small looking at those balances for real , like that would change my life completly .

[Thremp]

I always played a mix of bets that i didn´t "cover" (only play 1 side), and Arbs. It happened that the Arbs went to Pinny (they usually have the sharp side thou), and me being lucky enough to beat them "on my own"

It´s a lot i know, but i did this for living without having a real job for years. When i had enough money at the other books, i thought it is safe to keep a large amount at Pinny. I felt more comfortable with them then with Neteller, who had problems at this time (US feds).

This is a fishy story as I've had affiliates report their expected figures for arbers when Pinny was popular and it was ~3.xx% over tens of thousands of bets.

[Thremp]

BetRoyal was never rated above D.

Cascade did peak at A- and some people got hosed, but they were never considered anywhere as solid as the books Justin listed by more people.

i have no problems with large sums of money at any of Pinny, Cris, Greek, WSEX group of books.

edit: i didn't read the last part of justins post. i really hope he means 20% of your bankroll (which at the 50,000 level would mean 10k) not 20% of your net worth.

that said i've gotten many 5 figure payout from D and C rated books. sometimes the risk is worth the reward

For some of us the difference between NW and BR is pretty meh. Also I consider WSEX a cut below the other three.

[Casi]

This is a fishy story as I've had affiliates report their expected figures for arbers when Pinny was popular and it was ~3.xx% over tens of thousands of bets.

It happened when i made huge deposits there to get my money out of Neteller, who had problems at this time (as i wrote).
On top of that, i had a lucky streak at Pinny (and yes i lost more arbs AND bets there than i won OVERALL).

Why should i make up something like this?
Everyone with a clue knows that this was an easy business before the gambling law happened, besides you who thinks it is fishy of course.

[Thremp]

It happened when i made huge deposits there to get my money out of Neteller, who had problems at this time (as i wrote).
On top of that, i had a lucky streak at Pinny (and yes i lost more arbs AND bets there than i won OVERALL).

Why should i make up something like this?
Everyone with a clue knows that this was an easy business before the gambling law happened, besides you who thinks it is fishy of course.

You story sounds bogus. Perhaps you were making huge arbs and ran hot at Pinny for a long period. Perhaps not. Regardless, the story you are telling is likely to happen if you were arbing for a prolonged period, but then again... all your shill posts might be framed in a less favorable light. If you were doing this in 06/07. I have full faith in my numbers and that you were either an extreme outlier or a liar.

Ironically, I was an arber before as well. And knew my shit quite well (the little there is to know), so thats why I can quote actual figured with my story. But whatever. I just wanted to point out the fact your story was lol. (PS Winning at Pinny is the -EV side of the arb winning. You may want to mention that, since it isn't the 'sharp side'.)

[Casi]

It wasn´t me who jumped on someone (again), a poster asked me how it was possible that i had so much $$$ at Pinny and i answered.
This was the title of your thread, the only thing *lol* here is you having nothing better to do than questioning me, simply because i disagreed with you in the BP rambling thread.

So you do not believe me if i say i got to over 200k, due to the fact that i deposited ~100k (because i considered Pinny the safest place at this time for my bankroll), and happened to win most of my bets there (while i lost lifetime)?
Your problem.

[durito]

For some of us the difference between NW and BR is pretty meh. Also I consider WSEX a cut below the other three.

Agree with both, though I still will keep large money at matchbook and not worry at all. I was trying to separate out Justin's post for non-professionals.

[JVP3122]

So based on this, it's not entirely unheard of for someone to have $1,000,000 in a Pinnacle account? That's amazing. I wonder what Pinnacle would do if you actually won $1,000,000 over the course of a year or something. You'd have to have a lot of dough to win that, but is Pinnacle so big that they wouldn't have a problem covering that?

[Santo]

Yes.

[robertg]

Only 2 books on the SBR list atm where i would keep 100k or more, Pinny and Greek.
I think the highest i had was 220k at Pinny, and i didn´t loose sleep over it It´s peanuts for those guys.

Lots of books slipped a bit...Wsex for example, i had no problem having up to 50k there. Right now I would feel uncomfortable with more than ~15k.
Same with CRIS, not more than ~25k.

Besides CRIS, Pinny and Greek you shouldn´t trust any U.S. based books with very large amounts. Those are the top 3.

i honestly would trust First Fidelity with an extremely large amount in my account, because of my recent experiences with them, how rapidly they respond to my payout request. Any place that can send me a payout
in less than 36 hours after the Superbowl, I feel like is pretty flush
with cash. The more people I talk to at this book, including Nate, I really feel like they are very honorable.
I would also feel very safe with a large balance at Heritage. I've said it before there are a few B rated books that are as good as any.

[Casi]

You kidding? Sorry, but with 50k at FF i wouldn´t sleep a minute until it is down to...at least 10k.

[moonbeam]

I have $90 at betathome

[robertg]

You kidding? Sorry, but with 50k at FF i wouldn´t sleep a minute until it is down to...at least 10k.

What a large amount is?, Is relative to your situation. I have a job that provides me with expendable income for my hobby. if wagering was my job, my two daughters at TCU would be working at mcdonalds and studying at Hamburger U. I would be nervous with 50k anywhere, because of all the bs our government or foreign govts might pull, and because I'm a small time player compared to people who would feel the need to keep 50k and up anywhere. What I do know is this, First Fidelity is always accessible
with quick email responses, and it seems that all of their employees are empowered to make a decision and process a withdrawl. I never get the story that it will be 10 days or you cant request this because it not "tuesday between 9:59 am and 11:01 am." i have never heard the "owner is out until monday, so i can't process your withdrawl." And most importantly, I have never had a payout take more than 2 business days. Just the opinion of a "small timer."

robert

[Cyntax]

I had over 1 million SEK at Pinnacle for a while. Thats about $125 000.
Nervous? Never!
(did I win this "dick-size-contest"?)

Now I have 52k SEK ($6540) at Pinnacle.

[DIF]

here is the american books I´m safe with high balances. Before I also liked olympic sports and wsex- matchbook but I feel not that safe anymore.

1. pinnacle sports
2. Carib sports.
3. DSI-CRIS

I also recommend Canbet- IAS bet for high balances.

[JVP3122]

here is the american books I´m safe with high balances. Before I also liked olympic sports and wsex- matchbook but I feel not that safe anymore.

1. pinnacle sports
2. Carib sports.
3. DSI-CRIS

I also recommend Canbet- IAS bet for high balances.

What do you mean american books? Pinnacle isn't open to american bettors.

[dbartinbwgc]

The most I had in one book was close to $30,000
Then I started withdrawing and transferring to other books.