1. 05-20-12 01:02 AM #1
    jmp
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    How much money is being wagered through the major off shore bookies?

    Such as 5Dimes or Heritage?

    I would just like to know how much action is being traded on an average night.
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  2. 05-20-12 04:55 AM #2
    ApricotSinner32
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    Hundreds of thousands if not millions especially 5dimes i'd assume is very high volume.
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  3. 05-20-12 08:17 AM #3
    cyberinvestor
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    I would say Apricot is a little light. The offshore industry allegedly does $5-$10B per year in volume. Sites like Bookmaker are rolling over into the hundreds of millions every year. That's not profit, just overall volume.
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  4. 05-20-12 09:54 AM #4
    Bill Dozer
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    All estimates very low. Consider large players bet millions in months by themselves.
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  5. 05-20-12 11:10 AM #5
    Fa11en
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    Im fairly certain Pinny does +10 Bil on their own.
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  6. 05-20-12 11:34 AM #6
    Optional
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    10bil/year comes out to 27 mil average per day.

    Wonder what the average profit is on turnover. 5%?
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  7. 05-20-12 12:18 PM #7
    jmp
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    Quote Originally Posted by Optional View Post

    Wonder what the average profit is on turnover. 5%?
    You mean how much of the 27 mil on average is the house taking in? You think it is 5%?
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  8. 05-20-12 12:33 PM #8
    Waterstpub87
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    They also take a lot of parleys and such. This would increase the hold %.
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  9. 05-20-12 12:44 PM #9
    Optional
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    Quote Originally Posted by jmp View Post

    You mean how much of the 27 mil on average is the house taking in? You think it is 5%?
    Yeah. Well not think, more asking if anyone who has worked for a book knows.
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  10. 05-20-12 02:08 PM #10
    a4u2fear
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    Quote Originally Posted by Bill Dozer View Post
    All estimates very low. Consider large players bet millions in months by themselves.
    JJ included?
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