BetPhoenix's improved risk management

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  • Justin7
    SBR Hall of Famer
    • 07-31-06
    • 8577

    #1
    BetPhoenix's improved risk management
    I've mentioned a few times that BetPhoenix has some money leaks.

    They made a significant improvement management to risk in the last couple weeks. Lower limits early in the week for everyone, and increase them on game day.

    It may not sound like that big of a change, but it is. This is much preferable to targeting out single players with lower limits all week, but leaving new accounts with game-day limits all week. You have fewer people feeling discriminated, and you make yourself a much smaller target for well-financed fraudsters.

    Changes like this make me more comfortable keeping a large balance here.
  • Dark Horse
    SBR Posting Legend
    • 12-14-05
    • 13764

    #2
    Good to know.

    Can't wait for your book. And I don't mean writing...
    Comment
    • pavyracer
      SBR Aristocracy
      • 04-12-07
      • 82551

      #3
      What's a money leak?
      Comment
      • tomcowley
        SBR MVP
        • 10-01-07
        • 1129

        #4
        I'd settle for more than a dime on gameday afternoon, over the phone. I'm not that damn sharp.
        Comment
        • MartinBlank
          SBR Hall of Famer
          • 07-20-08
          • 8382

          #5
          Interesting, and as I continue to post---BP is solid.

          I am not a big enough player to be affected by BPs limits, but any movement that demonstrates their reduction of risk and committment to a better playing experience is good for all of us.
          Comment
          • Justin7
            SBR Hall of Famer
            • 07-31-06
            • 8577

            #6
            Originally posted by tomcowley
            I'd settle for more than a dime on gameday afternoon, over the phone. I'm not that damn sharp.
            tc,

            Try contacting Richard. I bet they are more tolerant now.
            Comment
            • ryanspeer2001
              SBR MVP
              • 03-30-08
              • 3149

              #7
              This is news to me but great news at that.

              This will only be noticable with bigger betters though.
              Comment
              • Doug
                SBR Hall of Famer
                • 08-10-05
                • 6324

                #8
                good shop
                Comment
                • katstale
                  SBR MVP
                  • 02-07-07
                  • 3924

                  #9
                  I am happy to see the higher limits in the mornings for NBA.

                  They are A- book now for sure. Enjoy my play there every day.

                  NOW..... lolol if I can just convince them to start up an exchange to compete with Match and the new Cris offering--my xmas stocking would be filled.

                  Richard?? Good idea, yea?
                  Comment
                  • HeeeHAWWWW
                    SBR Hall of Famer
                    • 06-13-08
                    • 5487

                    #10
                    Makes them unusable for weekend soccer betting though, because they're usually still on overnight limits while the daytime games are starting in Europe.
                    Comment
                    • RickySteve
                      Restricted User
                      • 01-31-06
                      • 3415

                      #11
                      They recently made another very big change to reduce their exposure. I was sad.
                      Comment
                      • durito
                        SBR Posting Legend
                        • 07-03-06
                        • 13173

                        #12
                        I've mentioned a few times that BetPhoenix has some money leaks.
                        Perhaps you should stop doing things like this.
                        Comment
                        • Fishhead
                          SBR Aristocracy
                          • 08-11-05
                          • 40179

                          #13
                          Originally posted by durito
                          Perhaps you should stop doing things like this.


                          Comment
                          • rm18
                            SBR Posting Legend
                            • 09-20-05
                            • 22291

                            #14
                            found a small scalp Yankees over 4-110 phoenix and under 4 +110 at bookmaker for those not kicked out of betpoints
                            Comment
                            • Dark Horse
                              SBR Posting Legend
                              • 12-14-05
                              • 13764

                              #15
                              - **** this
                              Last edited by Dark Horse; 10-22-09, 07:23 PM.
                              Comment
                              • Dark Horse
                                SBR Posting Legend
                                • 12-14-05
                                • 13764

                                #16
                                -
                                Last edited by Dark Horse; 10-22-09, 07:22 PM.
                                Comment
                                • Dark Horse
                                  SBR Posting Legend
                                  • 12-14-05
                                  • 13764

                                  #17
                                  -
                                  Last edited by Dark Horse; 10-22-09, 07:22 PM.
                                  Comment
                                  • Dark Horse
                                    SBR Posting Legend
                                    • 12-14-05
                                    • 13764

                                    #18
                                    -
                                    Last edited by Dark Horse; 10-22-09, 07:22 PM.
                                    Comment
                                    • 20Four7
                                      SBR Hall of Famer
                                      • 04-08-07
                                      • 6703

                                      #19
                                      Dark, why did you post that 4 times. Justin, if they leak money let them..... some of us enjoy mopping it up. When is the last time you posted that SIA is leaking money. Just asking
                                      Comment
                                      • purecarnagge
                                        SBR MVP
                                        • 10-05-07
                                        • 4843

                                        #20
                                        Is the website down...

                                        Comment
                                        • JoeVig
                                          SBR Wise Guy
                                          • 01-11-08
                                          • 772

                                          #21
                                          I hope they lower their risk by not having any back room operations in the states (see recent BOL news).
                                          Comment
                                          • RickySteve
                                            Restricted User
                                            • 01-31-06
                                            • 3415

                                            #22
                                            Originally posted by JoeVig
                                            I hope they lower their risk by not having any back room operations in the states (see recent BOL news).
                                            Almost all of these books have credit operations in the US. Some just know what they're doing.
                                            Comment
                                            • gambleballs
                                              SBR Sharp
                                              • 10-15-07
                                              • 466

                                              #23
                                              $150 prop limits. yay
                                              Comment
                                              • purecarnagge
                                                SBR MVP
                                                • 10-05-07
                                                • 4843

                                                #24
                                                Lower limits is lame
                                                Comment
                                                • durito
                                                  SBR Posting Legend
                                                  • 07-03-06
                                                  • 13173

                                                  #25
                                                  Originally posted by gambleballs
                                                  $150 prop limits. yay
                                                  on which props?
                                                  Comment
                                                  • TomG
                                                    SBR Wise Guy
                                                    • 10-29-07
                                                    • 500

                                                    #26
                                                    BetPhoenix (or any book) remains at risk if Nicky Santoro continues to play there
                                                    Comment
                                                    • Jonah
                                                      SBR MVP
                                                      • 10-21-09
                                                      • 4042

                                                      #27
                                                      Forgive me, but how is this a scalp? It's not even?
                                                      Originally posted by rm18
                                                      found a small scalp Yankees over 4-110 phoenix and under 4 +110 at bookmaker for those not kicked out of betpoints
                                                      Comment
                                                      • tltaylor89
                                                        SBR Posting Legend
                                                        • 06-19-09
                                                        • 19610

                                                        #28
                                                        Nicky Santoro= 1 rich fuk beating the offshore world out of their post up funds.Shame on you nicky for shaking us down for our lunch money I was going to buy a ham sandwich with that money man.
                                                        Comment
                                                        • GETMONEYKID
                                                          SBR High Roller
                                                          • 10-05-09
                                                          • 148

                                                          #29
                                                          hope u like 7-11 money orders
                                                          Comment
                                                          • 20Four7
                                                            SBR Hall of Famer
                                                            • 04-08-07
                                                            • 6703

                                                            #30
                                                            Originally posted by Jonah
                                                            Forgive me, but how is this a scalp? It's not even?
                                                            It is an even scalp, but if you have betpoints you gain the points without any risk.
                                                            Comment
                                                            • topcat
                                                              SBR MVP
                                                              • 04-15-08
                                                              • 1096

                                                              #31
                                                              Originally posted by gambleballs
                                                              $150 prop limits. yay
                                                              you can bet alot more than that at 5dimes,but you will have to wait a few minutes until they readjust the line.
                                                              Comment
                                                              • Nicky Santoro
                                                                SBR Posting Legend
                                                                • 04-08-08
                                                                • 16103

                                                                #32
                                                                Originally posted by tltaylor89
                                                                Nicky Santoro= 1 rich fuk beating the offshore world out of their post up funds.Shame on you nicky for shaking us down for our lunch money I was going to buy a ham sandwich with that money man.
                                                                taylor buddy, its thanks to me that BP is so solid now and thanks to me you now have no worries of getting paid, not that you had before..i am down quite a bit there.. so people that are getting payouts... are getting paid with my money, so enjoy yourselves.. go have a ham sandwich on me... it's me paying you, not BP.

                                                                i was down a ton there, made a great comeback and was up again, then spoke to richie on phone for 1st time and have NOT won a bet there since... 8 out of 9 losing days and am down a lot there again..

                                                                man, that guy is a jinx.. he's bad luck.. no more talking to richie for me.. from now on, it's FRED.. that richie is killing me.. i just can't beat him.
                                                                Comment
                                                                • Johnpoints
                                                                  SBR Sharp
                                                                  • 10-20-09
                                                                  • 314

                                                                  #33
                                                                  Haha...poor Nicky
                                                                  Comment
                                                                  • zubzub
                                                                    SBR Wise Guy
                                                                    • 09-09-09
                                                                    • 714

                                                                    #34
                                                                    Nicky.

                                                                    Why you bumpin threads from 18 days ago and where the fukk you been?
                                                                    Comment
                                                                    • Nicky Santoro
                                                                      SBR Posting Legend
                                                                      • 04-08-08
                                                                      • 16103

                                                                      #35
                                                                      Originally posted by zubzub
                                                                      Nicky.

                                                                      Why you bumpin threads from 18 days ago and where the fukk you been?
                                                                      zubbers,

                                                                      which thread did i bump and i never left here..
                                                                      Comment
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