Size, Volume, Profit of Offshore Big Dogs?
So me and a few buddies were talking about the big offshore books...and started debating how big they are, the type of profits they realize, etc...
Obviously, most any answers will be conjecture...but I was wondering what others thought?
And I'm sticking mainly to the top rated books...(5D, Heritage, Pinnacle, Bookmaker)
Any thoughts?
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Pinnacle would handle in the billions annually I think.
The others some fraction of that.
I saw that Bodog did $8 billion in wagers last year and that was outside the US. The others were bigger.
BWin just sold for $1 billion.
I don't know what it is but it is big. Much bigger than I ever imagined.
Last edited by Buffalo Nickle; 07-19-15 at 03:58 PM .
IBCbet supposedly had $50 billion turnover a few years back. SBO would be even bigger I guess. Pinnacle, no idea.
Edit: guesstimate here from 2012 says "the two biggest" (ie ibc+sbo) turn over $2bn/week, ie $104bn a year together
http://www.theguardian.com/football/...otballpolitics
Edit2: different reporting of same estimate says they're at $2bn _each_
http://www.bloomberg.com/news/articl...in-vegas-court
Last edited by HeeeHAWWWW; 07-19-15 at 04:22 PM .
Pinnacle volume way down..lost way too much American business and that is where majority of sports betting market is for them
Check juice..it widens every year
JJ, so what about a shop like 5Dimes , which is all American bettors...what type of profits are they running through weekly?
http://www.spiegel.de/spiegel/print/d-80362919.html
It's in German, but the key bit is that they have an interview with the big cheese from IBCbet, and he says they turned over $45 billion in 2010, with a net profit of $300m (0.67%).