Hi Guys,
When the betting industry is talked about by regulators, what they fail to realize is that the majority of the players they want to solicit from have accounts at there local bookies who use accounting services in Costa Rica(Pay Per Head)My time spent out in CR opened up my eyes to these large or boutique software operations that were housing data for 15,000 plus customers and only growing. Yes, the BOL 5dimes heritages of the world have a significant market share, but fractional in comparison.
The main groups who originate or move money start the bets there until it hits the screen and the market moves. It is a very efficient way of doing business if you have some vouching for the account on the other end. The business model enables them to get down massive amounts of money and do manipulation for odds. This is where a lot of the liquidity for the groups come from. The main difference vs Asia not only some of the Asia outfits being regulated or through more credible platforms; the bookies in the U.S like to assume the risk. Why? Because 99% of their players are retail and can be advised by the pay per head shops on who to throw out
In Asia from my knowledge, the risk is majority assumed by the massive volume houses such as SBO,IBC, ETC. You have local agents but the volume just gets channeled up the ladder wherein the U.S, there a lot of times a regular guy behind it is assuming the risk. This makes the art of getting down money for educated plays different. I wanted to hear your thoughts on the difference between the two markets regarding this type of action and where it could shift in the U.S
When the betting industry is talked about by regulators, what they fail to realize is that the majority of the players they want to solicit from have accounts at there local bookies who use accounting services in Costa Rica(Pay Per Head)My time spent out in CR opened up my eyes to these large or boutique software operations that were housing data for 15,000 plus customers and only growing. Yes, the BOL 5dimes heritages of the world have a significant market share, but fractional in comparison.
The main groups who originate or move money start the bets there until it hits the screen and the market moves. It is a very efficient way of doing business if you have some vouching for the account on the other end. The business model enables them to get down massive amounts of money and do manipulation for odds. This is where a lot of the liquidity for the groups come from. The main difference vs Asia not only some of the Asia outfits being regulated or through more credible platforms; the bookies in the U.S like to assume the risk. Why? Because 99% of their players are retail and can be advised by the pay per head shops on who to throw out
In Asia from my knowledge, the risk is majority assumed by the massive volume houses such as SBO,IBC, ETC. You have local agents but the volume just gets channeled up the ladder wherein the U.S, there a lot of times a regular guy behind it is assuming the risk. This makes the art of getting down money for educated plays different. I wanted to hear your thoughts on the difference between the two markets regarding this type of action and where it could shift in the U.S
