Why do people continue to play at no name books

Hareeba! · 07-05-10, 10:37 PM

greed and folly

big joe 1212 · 07-05-10, 10:38 PM

I don't understand it either!

Never play at books without researching it first!

GGZOLA · 07-05-10, 11:00 PM

Its just not that simple...
I have an account with a book since 1997, they advertised and were backed in every gambling site possible. Now I am in jeopardy of losing a ton of money if they go under, as I assume they will. All it takes is a few sharps hitting weak or stale lines, bonus whores, bad management, some unforseen event ( I could name at least 3-4 books that advertised at a many sportsbook forums including this one at one point and were rated very high only to crumble), or being scalped to death. Many factors lead to books' demise these days. With the economy so ****** up, everyone is looking for the quick out, safe bets, low vigs, everyone is so desperate to cut corners nowadays it turns out worse. 10 years ago books were making so much money they didnt give a shit about hedgers, scalpers, sharps, cause most people were squares making them a ton of cash. Now every small hit hurts them because average joes are betting 50-100 bucks/game while sharps+line jumpers are busting their ass for dimes at a time. My balances at other books have never been so high that I have had to worry, but just went on an incredible, legit degenerate-run in the NBA and march madness in the troubled book now. It is at a point I cant win no matter what, bet and win dont collect or lose and lose. I even did a few "laundering" bets (which is extremely dangerous but desperado time) where I took heavy dogs with the book going downhill and bet the favorite at a solid book to essentially "transfer" funds. I know risk is 2x worse if I lose, but managed to "win" 3 out of 4 games and "filter 3500 out to "safe" book with some vig lost of course. IMO you can make an educated, informed well decision into choosing a book, but nothing guarantees safety unless you physically go down to LV and plunk the cash down; thats the only 100% payout book. No matter what no one deserves to have money stolen from them.

trumpdown · 07-06-10, 12:35 AM

Originally posted by GGZOLA

Its just not that simple...
I have an account with a book since 1997, they advertised and were backed in every gambling site possible. Now I am in jeopardy of losing a ton of money if they go under, as I assume they will. All it takes is a few sharps hitting weak or stale lines, bonus whores, bad management, some unforseen event ( I could name at least 3-4 books that advertised at a many sportsbook forums including this one at one point and were rated very high only to crumble), or being scalped to death. Many factors lead to books' demise these days. With the economy so ****** up, everyone is looking for the quick out, safe bets, low vigs, everyone is so desperate to cut corners nowadays it turns out worse. 10 years ago books were making so much money they didnt give a shit about hedgers, scalpers, sharps, cause most people were squares making them a ton of cash. Now every small hit hurts them because average joes are betting 50-100 bucks/game while sharps+line jumpers are busting their ass for dimes at a time. My balances at other books have never been so high that I have had to worry, but just went on an incredible, legit degenerate-run in the NBA and march madness in the troubled book now. It is at a point I cant win no matter what, bet and win dont collect or lose and lose. I even did a few "laundering" bets (which is extremely dangerous but desperado time) where I took heavy dogs with the book going downhill and bet the favorite at a solid book to essentially "transfer" funds. I know risk is 2x worse if I lose, but managed to "win" 3 out of 4 games and "filter 3500 out to "safe" book with some vig lost of course. IMO you can make an educated, informed well decision into choosing a book, but nothing guarantees safety unless you physically go down to LV and plunk the cash down; thats the only 100% payout book. No matter what no one deserves to have money stolen from them.

I like this post.

Players play @ lower rated books because they don't know better, or more importantly they do know better and they have calculated the risk vs. reward.

thebayareabeast · 07-06-10, 12:47 AM

Theres a lot of dumb people in this world.

ringemup · 07-06-10, 12:51 AM

u live by the sword, u die by it. i personally would never play with no name books y put ur trust in such scams? only thing they care bout is takin ur money shouldnt surprise any1 that sum books bail on payout requests.

The Jenx · 07-06-10, 01:28 AM

I fully understand what you say. Its good advice for the new punter too. But, Scaplers and arbers making a living betting, need those "un named" books, its very difficult without them.

suicidekings · 07-06-10, 03:45 AM

Originally posted by LVBOUND

I don't mean to come in and start criticizing people
.. but everyday this forum us littered with posts about book X or book Y and why they didn't pay or other bad customer service issues.

In my opinion the online books are dying for us Americans. I only see it getting worse before it gets better. However in the mean time stick to the top five books and you won't have an issue.

The Greek
5 Dimes
Matchbook
Are some that I recommend.
If you play at mom and pop.com expect to have issues.

Matt

I can't criticize people for making their first deposit at sketchy books, as they are often the ones that advertise the most and buy their way into becoming "recommended books" at so many gambling review sites. Most of these same people will lose their deposits (and the bonuses that attracted them) in short order because they haven't taken the time to learn how to gamble.

But for anyone that's been doing this for a while, has won money before, and has aspirations to become a long term winner, there's no excuse to continue to operate out of a shady book.

Raven66 · 07-06-10, 06:17 AM

People who play at stupid books, deserve to get ripped off.

jimbo747 · 07-06-10, 07:32 AM

Bonuses is the main reason. IMO, the majority of these sites never set out to be scammers and the best way to get a foothold is decent bonus and/or decent odds. Naive perhaps, but its when the gnomers/bonus hunters get word and come in that they start to struggle, and threads appear on here. I play at new books all the time, but as soon as I know a forum such as MSE has got wind, I get the hell outta there asap.

mrmarket · 07-06-10, 07:35 AM

Because there is a ton of money to be had from soft lines and stupid props?

DukeJohn · 07-06-10, 07:40 AM

Originally posted by LVBOUND

I don't mean to come in and start criticizing people
.. but everyday this forum us littered with posts about book X or book Y and why they didn't pay or other bad customer service issues.

In my opinion the online books are dying for us Americans. I only see it getting worse before it gets better. However in the mean time stick to the top five books and you won't have an issue.

The Greek
5 Dimes
Matchbook
Are some that I recommend.
If you play at mom and pop.com expect to have issues.

Matt

Although, yes SBR is the best forum and offers incredible value many people just don't find this site until after they start down the road of online gambling. Not-to-mention the ones that only find this forum after they are in trouble and realize, crap, my book sucks. Keep in mind there are other forums that have books listed as highly recommended that SBR rates extremely low.

Another issue, let's say you had a $100K roll over and couldn't withdrawal and then the company started to go under. You would be stuck until you finished the roll over and discover your rated A book (WSEX) is now a D book. Anyway, those are the first things that come to mind.

sgo · 07-06-10, 09:00 AM

So, no new competitor shall ever come in this industry ?

Come on !!

There CAN BE serious new competitors (although a lot of small bookies might steal our money, so take care, and test theml with small money first ;-))

Peeig · 07-06-10, 09:14 AM

People trying to make money will take the additional risk of playing at non A rated books.

jackkkk2009 · 07-06-10, 12:26 PM

Those unrated books always trap greedy players with big amount of bonus..

mattyend33 · 07-06-10, 01:00 PM

Sportsbetting.com scam do not join

Yea most people do not research I wish I did it has cost me some cash could have went on big run.Im from Baltimore Maryland bet against the orioles the rest of season they r gettin ready to play the texas rangers for 4 games hottest team against worse team also bet against cleveland there average is horrible give both teams the 1.5. If I can't make cash now I would love to see you guys bet against the orioles against every good team rest of season there schedule will be ridiculous and most likely will be starting some chumps like kevin millwood.

I recently deposited $100 and turned into 800. I sent in all the documents was told everything is fine. Go to withdrawl and they tell me they need more documents. There customer service is the biggest joke out there they do not have managers on weekends they are always short staffed. When I did speak to the manager it was some spic piece of trash who could not speak a lick of english. They all tell you the same thing. I do not want to hear apologies I want answers. I have been waiting two months now for my bankwire. My friend recently got a check for $400 and it bounced. He then tryed the bankwire and they charged him $47.00 fee on the wire and then they said the money was lost so he is stuck with the fee and still no money this site needs to be shut down. I wish more players would look on a site like this before they deposit. Some sport site needs to step up for there players where you can get cash when you want it how about sending us money through ** something atleast promising before I make another online gaming deposit.

GGZOLA · 07-06-10, 03:27 PM

Raven, how about people playing in books that were graded an "A" or "B" at sometime on this and many other websites? Do they deserve it too? If I recall correctly, wsex was "top-rated" on every major gambling forum website I could imagine just a short while ago it seems...

Willie Bee · 07-06-10, 03:42 PM

I think it's just God's way of weeding out the idiots. I could be wrong

djefferis · 07-06-10, 04:05 PM

I occasionally use lower rated shops, only minimal issues.

Would never trust more than I could afford to lose with one though. 500 deposit is my max.

20Four7 · 07-06-10, 08:40 PM

Originally posted by big joe 1212

I don't understand it either!

Never play at books without researching it first!

It is called risk reward...... I made 5K off bet dos but I lost 1K when it went broke...... you tell me if I did the right thing.

Hareeba! · 07-06-10, 08:46 PM

Originally posted by 20Four7

It is called risk reward...... I made 5K off bet dos but I lost 1K when it went broke...... you tell me if I did the right thing.

most probably not
playing at better odds at a good A+ book you'd probably have made more and still have it all, certainly more than only 80% of it

Stumpage · 07-06-10, 09:53 PM

As noted earlier, the lure of a too-good-to-be-true bonus is sometimes impossible to resist....Of course, all too frequently the bonus turns out to be exactly that.

20Four7 · 07-07-10, 04:53 AM

Stumpage they were offering 200% bonus's..... you knew they were having troubles. But for the most part I was able to scalp everything out but the last 1K.
but I've done this long enough to know what I am getting into.