I concur, it will definitely be a mad house and those offshore books that stayed in the US market will have to scramble to keep the US business. Pinnacle and those that are not in the US market should be fine. It is scary to imagine. If the market is flooded with new books based in the USA and there is an exodus from the offshore books, I fear you are correct, we (US citizens) may never be able to get our money out, scary thought...
illegal?
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DukeJohnSBR MVP
- 12-29-07
- 1779
#36Comment -
tachiSBR Sharp
- 03-25-09
- 309
#37If the U.S allowed books to open up here don't you think there would be a huge "run" on the offshore books?
It would probably cause huge problems (payout delays & no pays) for all with big offshore balances because I would imagine most would want the safety of the states books instead of the unknown that goes on in these other countries.
My guess would be that offshore books would not survive to the likes of the well known named Vegas casinos.
If the US allows books (land based or online) within its territory,this will be with imposing incredible high taxes.
In Europe, the gouvernments want 25% from the total revenus of the bookmaker or 7% from every bet placed.
And the regulated (tax paying) bookies odds are -180/-180.
Even an idiot sees that he can't win with these odds.
And goes to some not regulated online book.Comment -
sneak-a-peakSBR MVP
- 11-07-09
- 1373
#38Logical,but not much.
If the US allows books (land based or online) within its territory,this will be with imposing incredible high taxes.
In Europe, the gouvernments want 25% from the total revenus of the bookmaker or 7% from every bet placed.
And the regulated (tax paying) bookies odds are -180/-180.
Even an idiot sees that he can't win with these odds.
And goes to some not regulated online book.
-180???
We are talkin about Vegas casinos settin up shop online, with odds from where else of course? None other than Vegas itselfComment
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