1. #1
    winkyyy
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    Lets say a lousy book takes in $20,000 in bets...makes 3k profit

    pays 2000 operating fees expenses...


    Profit $1000 for owner...


    If he stiffs/slo pay/no pay another $2000 he has now made $3k


    and that is how its done...


    a % of the players may not get the quick pay

  2. #2
    Optional
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    If you think a bookmaker earns 15% profit of turnover, I don't think you know how anything is done.

  3. #3
    Foxx
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    Just when you think this guy couldn’t get any dumber, he somehow manages to pull it off.

  4. #4
    winkyyy
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    Last 2 posters are the dumb Phuc***

    Just an e.g.


    On "20k " wagers the profit could be a loss of say $60,000 @ +300

    or a $20k profit on alost wager....and everywhere in between.

    Don't be Fuc*** Doucheballs and knock every F**** post just to show how brilliant you are.


    $3k was used as an arbitrary number.


    You think every $20k churned is at -110?

    In this case we used 3k...PROFIT!....to make a point.

    Of course this does not equate to a 15% Profit on every transaction.


    Dont be Douchebags....and comment on the post....


    Don't need your imbecilic critiques.

    Go pork your sisters.

  5. #5
    jtoler
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    Quote Originally Posted by Optional View Post
    If you think a bookmaker earns 15% profit of turnover, I don't think you know how anything is done.
    I only make 4.5% what do others make?

  6. #6
    mtneer1212
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    Winkyyy has the crayons out again trying to do math. It's cute.

  7. #7
    jacksonstreet
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    Quote Originally Posted by winkyyy View Post
    Just an e.g.


    On "20k " wagers the profit could be a loss of say $60,000 @ +300

    or a $20k profit on alost wager....and everywhere in between.

    Don't be Fuc*** Doucheballs and knock every F**** post just to show how brilliant you are.


    $3k was used as an arbitrary number.


    You think every $20k churned is at -110?

    In this case we used 3k...PROFIT!....to make a point.

    Of course this does not equate to a 15% Profit on every transaction.


    Dont be Douchebags....and comment on the post....


    Don't need your imbecilic critiques.

    Go pork your sisters.
    This guy just said "the profit could be a loss". Contradicted himself in his opening argument. Moron. Just remember that these people got to vote for our President.

  8. #8
    HedgeHog
    HedgeHog's Avatar SBR PRO
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    Quote Originally Posted by winkyyy View Post
    pays 2000 operating fees expenses...


    Profit $1000 for owner...


    If he stiffs/slo pay/no pay another $2000 he has now made $3k


    and that is how its done...


    a % of the players may not get the quick pay
    If a Book has $2000 in operating expenses for a handle of $20,000 in bets, it has an unsustainable business model. It will go under sooner or later and stiff everyone.

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