At this point Betmaker is useless!

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  • SportsMozart
    SBR Sharp
    • 01-18-11
    • 377

    #1
    At this point Betmaker is useless!
    I'm looking into Betmaker's liquidity at 6 pm ET, one hour before the kickoff. You can bet whooping $57 dollars on
    NY-Indiana game if you are on NY and $43 if you are on Indiana. And that is NBA we talking about.

    That must be some kind of joke! Looks like couple of zero's are missing. Seems that we need to do something about it. We US bettors need one good exchange. At this point BetMaker is useless.
  • omahamoneymaker
    SBR Hustler
    • 09-20-10
    • 72

    #2
    SM, Right now there are just a few big fish there. I am hoping that changes in the next few weeks. It's interesting because some night or some games you will see a good amount of offers out there and then other night 40 or 50 bucks on a side. I am going to do what I can to help the cause but it's just gonna take more people. People just have to start putting some money out there. There always has to be a first person or two. If everyone just waits for others to post up and offer it will never improve.
    Comment
    • donkdown
      Restricted User
      • 07-09-09
      • 4423

      #3
      LOL They need a credit side or it will always be as dead as it is now!!
      Comment
      • SportsMozart
        SBR Sharp
        • 01-18-11
        • 377

        #4
        Originally posted by omahamoneymaker
        SM, Right now there are just a few big fish there. I am hoping that changes in the next few weeks. It's interesting because some night or some games you will see a good amount of offers out there and then other night 40 or 50 bucks on a side. I am going to do what I can to help the cause but it's just gonna take more people. People just have to start putting some money out there. There always has to be a first person or two. If everyone just waits for others to post up and offer it will never improve.


        I agree with you here. As soon as you get moving, a snowball effect will take place. But somebody has to make a start and put some offers up there. I am amazed that Cris just seem not give a flying f... There is no advertising of any kind.
        Comment
        • Doug
          SBR Hall of Famer
          • 08-10-05
          • 6324

          #5
          Why would CRIS want an exchange at all ? It is in their best interest to have -110 lines as the standard.
          Comment
          • horsiehung
            Restricted User
            • 10-31-10
            • 258

            #6
            they have alot that will be missed though
            Comment
            • minet123
              SBR Posting Legend
              • 02-17-07
              • 10280

              #7
              Originally posted by Doug
              Why would CRIS want an exchange at all ? It is in their best interest to have -110 lines as the standard.
              This
              and the reason why CRIS will never do anything unless motivated
              Comment
              • SportsMozart
                SBR Sharp
                • 01-18-11
                • 377

                #8
                Well once they bought and set up Betmaker, I guess they has something in their minds.Or did Cris buy it to watch it to die off?
                Comment
                • Hareeba!
                  BARRELED IN @ SBR!
                  • 07-01-06
                  • 37283

                  #9
                  Originally posted by Doug
                  Why would CRIS want an exchange at all ? It is in their best interest to have -110 lines as the standard.
                  absurd

                  there's a whole lot of more savvy punters in the US just looking for a decent exchange with good liquidity ... these guys aren't -110 players who would be playing at Bookmaker, CRIS and DSI - they are ex Matchbook players and those who never trusted Matchbook
                  Comment
                  • BrianLaverty
                    SBR MVP
                    • 07-02-07
                    • 2183

                    #10
                    Cris has turned into a lazy run sportsbook... Much different then Cris management of 5+ years ago.
                    Comment
                    • ArunSh
                      SBR Hall of Famer
                      • 09-24-07
                      • 6801

                      #11
                      Well badly run or not, really hope more people start to use it. There's simply no reason to accept -110 lines when something like this is available. I really wish people would realize that!
                      Comment
                      • bookie
                        SBR MVP
                        • 08-10-05
                        • 2112

                        #12
                        I think they're fantasy is that they can make it work for horses, which after all has a higher hold. Despite all the rah-rah from players, I agree that CRIS will be the last one's to get out front with exchange betting on the sports they book millions on at 11-10.
                        Comment
                        • Hareeba!
                          BARRELED IN @ SBR!
                          • 07-01-06
                          • 37283

                          #13
                          Originally posted by bookie
                          I think they're fantasy is that they can make it work for horses, which after all has a higher hold. Despite all the rah-rah from players, I agree that CRIS will be the last one's to get out front with exchange betting on the sports they book millions on at 11-10.
                          if you're right about that it is very dumb thinking by CRIS
                          Comment
                          • LostBankroll
                            Restricted User
                            • 02-10-10
                            • 4538

                            #14
                            Originally posted by doug
                            why would cris want an exchange at all ? It is in their best interest to have -110 lines as the standard.
                            preach
                            Comment
                            • barcelonafc
                              SBR Sharp
                              • 02-16-11
                              • 428

                              #15
                              this will never be a goer, period, not enough interest
                              Comment
                              • SpiderMonkey
                                SBR Wise Guy
                                • 08-30-09
                                • 552

                                #16
                                Originally posted by barcelonafc
                                this will never be a goer, period, not enough interest
                                I completely disagree.
                                Comment
                                • Johnny 55
                                  Restricted User
                                  • 05-16-09
                                  • 1079

                                  #17
                                  I have been playing there for a week or so, I actually think there biggest problem is there is no incentive to post an offer as there was at Matchbook and I think that hurts liquidity to a degree.

                                  If Cris didnt want Betmaker than why do they own and operate it, it seems to me if it is part of your business you want to make money off it.
                                  Comment
                                  • Salamander
                                    SBR Sharp
                                    • 12-25-09
                                    • 397

                                    #18
                                    This thread making JJGold seem like a genius who knows what he's talking about - U.S. players very very reluctant to gravitate towards exchanges.
                                    sbr
                                    Comment
                                    • mrpooh
                                      SBR Wise Guy
                                      • 01-12-11
                                      • 558

                                      #19
                                      exchanges aren't interesting to us players
                                      Comment
                                      • omahamoneymaker
                                        SBR Hustler
                                        • 09-20-10
                                        • 72

                                        #20
                                        Time will tell I guess. I believe liquidity will improve some over the next month. If not, no harm having some money there, can always move it bake to Bookmaker or DSI. I don't see any reason why it can't start to have some more success. If you are a smaller player even the way it is currently set up would be beneficial to you. No reason you can't get down a hundred or so on a side.
                                        Comment
                                        • katstale
                                          SBR MVP
                                          • 02-07-07
                                          • 3924

                                          #21
                                          They at least have finally sent out some emails about their shop. Got 2 last week. Was talk in another thread they were going to simplify the commission structure. NO DOUBT that will help. My head exploded last time I tried to figure out what the vig would be. It must be simple and competitive with what is out there. 2% locked in on the winning side will for sure bring people around. LOWER withdraw/transfer fees will also help. Cris, are you listening?
                                          Comment
                                          • Fishhead
                                            SBR Aristocracy
                                            • 08-11-05
                                            • 40179

                                            #22
                                            Originally posted by omahamoneymaker
                                            Time will tell I guess. I believe liquidity will improve some over the next month. If not, no harm having some money there, can always move it bake to Bookmaker or DSI. I don't see any reason why it can't start to have some more success. If you are a smaller player even the way it is currently set up would be beneficial to you. No reason you can't get down a hundred or so on a side.
                                            Comment
                                            • SportsMozart
                                              SBR Sharp
                                              • 01-18-11
                                              • 377

                                              #23
                                              Originally posted by mrpooh
                                              exchanges aren't interesting to us players

                                              Why would that be? Exchange is a place where pro's can play without a fear ever to be kicked out for winning.
                                              Exchange is a great sports betting model. I would say US players could use 3-4 strong exchanges, it would change this business and they way we are looking at it!
                                              Comment
                                              • jackkkk2009
                                                SBR MVP
                                                • 07-13-09
                                                • 1183

                                                #24
                                                Originally posted by SportsMozart
                                                Why would that be? Exchange is a place where pro's can play without a fear ever to be kicked out for winning.
                                                Exchange is a great sports betting model. I would say US players could use 3-4 strong exchanges, it would change this business and they way we are looking at it!
                                                I totally agree with you...
                                                Comment
                                                • Legions36
                                                  SBR MVP
                                                  • 12-17-10
                                                  • 3032

                                                  #25
                                                  Can someone verify for me that they have actually cashed out of BetM directly from them without transfering from BookM, as im about to try them out now for the time being?
                                                  Comment
                                                  • Hareeba!
                                                    BARRELED IN @ SBR!
                                                    • 07-01-06
                                                    • 37283

                                                    #26
                                                    Originally posted by SportsMozart
                                                    Why would that be? Exchange is a place where pro's can play without a fear ever to be kicked out for winning.
                                                    Exchange is a great sports betting model. I would say US players could use 3-4 strong exchanges, it would change this business and they way we are looking at it!
                                                    yes, this stuff about US players not being interested in betting exchanges is just pure crap

                                                    I had no interest in betting exchanges until I discovered Betfair and opened my eyes to what it can mean for the punter .... best thing since sliced bread for sure

                                                    Unfortunately for the Yanks they've really had no exposure to exchange betting and remain ignorant about it for the most part .. given the opportunity to use a Betfair legally they will take to it just the same way that punters all around the world have

                                                    But I disagree with the 3-4 exchanges concept (unless they are each sports specific) because mass is the key to exchanges .. pooling all the liquidity makes it work best ... i.e. a virtual monopoly as Betfair has become
                                                    Comment
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