this is NOT the end of offshore betting..please read

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  • taxer
    SBR Wise Guy
    • 05-31-11
    • 630

    #1
    this is NOT the end of offshore betting..please read
    Over the past 2 weeks I have read nothing but posts implying that the US offshore industry is coming to an end.. it is not. This is an industry that has learned to adapt and work around the hoops that have been presented to it .

    URLs were seized thats about it , and the truth of it is some of you here forget that this is the bookmaking business even your local guy can get busted in a sting and you wont get paid.

    Beted.com simply did not want to go to BetEd.ag beted.eu etc etc a shame to say the least but over the course of 10 years we have seen countless shops open and close , people who read these blogs are informed enough to determine in which shops the risk is greater than others.

    This all went down due to excessive CC use and the fact that its not secret the DOJ has out it for a few shops in particular , they want the money they want to freeze the fat bank accounts and they want to put fear in your head ..which they have done.

    Betonsports , Cascade , Neteller , PrePaid ATM etc etc .. every single time that happened people would panic yet here we are... when neteller went down I remember the posts it was like reading a Nostradamus book or the same with Betonsports...yet here we are.

    Why people complaint about not being able to use e wallets in the US after the legislation is beyond me it is obvious these e wallets were working underground and some risk would be involved .. yet the moment something goes wrong all of you start crying wolf.

    Now not to say the recent events have not taught us anything but , the ones over the past 10 years have taught me something.. use certain methods as crazy as it sounds these are the ones that have been around the longest and still prevail.

    Some of you have not been exposed to this business for long or the inside of it so as soon as something goes wrong it does not mean it is over.

    The larger shops are being watched , that doesnt mean they will stop booking;for them to seize that business they would have to go into europe ask permission to steal a URL away, and then try and find all of their money ..not happening.

    The one thing I have to say is bad news to you CC depositors back to reality and back to walking 10 minutes to get your action aside from that...business as usual
  • bookie
    SBR MVP
    • 08-10-05
    • 2112

    #2
    What made you decide to start posting?
    Comment
    • taxer
      SBR Wise Guy
      • 05-31-11
      • 630

      #3
      To talk some sense into people and if you have been around since 05 then you know im right
      Comment
      • Kaabee
        SBR MVP
        • 01-21-06
        • 2482

        #4
        the end or not, it's probably not going to get better anytime soon
        Comment
        • JDUB07
          SBR MVP
          • 10-09-08
          • 1721

          #5
          Yeah these little scares happen all the time. Ultimately everything will be back to normal. Their is too much money for most of these companies to not find a way to continue on.
          Comment
          • Legions36
            SBR MVP
            • 12-17-10
            • 3032

            #6
            Umm u only made an account today and have 4 posts, u have no credibility for anyone to believe.
            Comment
            • John Dough
              SBR MVP
              • 09-21-05
              • 1785

              #7
              I don't want to respond to anything specific in the original post, but I certainly agree with the overall sentiment.

              If you believe the sky is falling and offshore betting carries too much risk, by all means, cash out and move on. Everyone is entitled to their opinion and should do what they feel is in their own best interest. With that said, it would be great if the doomsayers stopped repeating the same rhetoric over and over.
              Comment
              • taxer
                SBR Wise Guy
                • 05-31-11
                • 630

                #8
                Unreal people worry more for how many posts I have than if I am speaking the truth . I play at books that are endorsed by SBR but do not post like hundreds of other players fact is this forum is filled with 80% jokes and 20% actual info i am here for the 20% and add to it.. have been doing this for years now if i ever had a problem you used to just email SBR .

                truth is offshore is not going anywere these guys got greedy with a processor that was too good to be true and they paid the price..

                If a local bookie takes on a nice big players thats a loser and then turnsout to be a cop ... and the bookie gets busted its the same exact shiat.

                its part of the business and the business has been around for decades before online gaming.. hookers and betting thats 2 things that will never go away in our society
                Comment
                • senseionline
                  SBR MVP
                  • 08-20-10
                  • 1819

                  #9
                  u cannot denied that DOJ acheive what they try to accomplish ....fear .
                  Just look around sbr how much traffic is down it feel like ghost town
                  Comment
                  • John Dough
                    SBR MVP
                    • 09-21-05
                    • 1785

                    #10
                    Originally posted by Legions36
                    Umm u only made an account today and have 4 posts, u have no credibility for anyone to believe.
                    If you've been around the industry for a while (I've been betting offshore since about 2000) you'll likely agree that he gave a reasonable opinion, even if you disagree with it. If it makes you feel better, like I posted above, I generally agree with his sentiment. Maybe my 900+ posts since 2005 (many of which have been recent and related to this topic) lend credibility, maybe they don't, I'm not here to convince anyone.

                    Everyone should do what they feel is in their own best interest. So if you feel the offshore industry is too risky right now, by all means cash out, but it would be great if the doomsayers would stop repeating their rhetoric over and over. No need to keep telling everyone the sky is falling, we should all be able to form our own opinions at this point. (Note: this isn't directed at you Legions, just making a general point.)
                    Comment
                    • Fa11en
                      SBR High Roller
                      • 05-08-11
                      • 199

                      #11
                      Thank you taxer, I recently became involved in the discussions, in particular, to voice the Sportsbook/business side of the industry as opposed to the gambling side, as I have never placed a sports bet in my life.

                      I see some sensible and pro gambling posters (Hareeba/Fishead) suggest caution and minimizing exposure but more than anything there is a constant stream of doomsayers that proclaim the end of the offshore industry. I think the American Government was looking at the sportsbook's bust as a byproduct of the poker seizure. The bettors that keep reputable books thriving will ALWAYS find a means to place their bets, despite the inconvenience that this seizures have caused.

                      If someone has done their homework and has money at a successful book, their money will remain safe. The irony will be that once doomsayers withdraw, it may be very difficult to deposit and you will hear people complaining about how even though their account is verified, they can no longer use their preferred method to reload a book they had previously emptied due to fear.
                      Comment
                      • chilidog
                        SBR Posting Legend
                        • 04-05-09
                        • 10305

                        #12
                        Business as usual for those of us Americans who got setup with european books
                        Comment
                        • alling
                          SBR MVP
                          • 05-13-10
                          • 1405

                          #13
                          Tell that to all online poker pro's in the US and the top 3 poker rooms no longer in the US.
                          Comment
                          • taxer
                            SBR Wise Guy
                            • 05-31-11
                            • 630

                            #14
                            Like I have mentioned before , the industry is not coming to an end people talk about going to their locals , or hoping its regulated , unless you want to bet into 20 , 30 cent lines , zero wagering variety , $200 limits , and no bonuses you will hope for that.

                            Offshore will remain it always has now its just a matter of adjusting , the more fear is spread the more damage is done.
                            Comment
                            • John Dough
                              SBR MVP
                              • 09-21-05
                              • 1785

                              #15
                              Originally posted by alling
                              Tell that to all online poker pro's in the US and the top 3 poker rooms no longer in the US.
                              Poker sites and sportsbooks are not the same thing. Many important difference.
                              Comment
                              • Bobby D
                                Restricted User
                                • 02-16-11
                                • 140

                                #16
                                Originally posted by taxer
                                Over the past 2 weeks I have read nothing but posts implying that the US offshore industry is coming to an end.. it is not. This is an industry that has learned to adapt and work around the hoops that have been presented to it .

                                URLs were seized thats about it , and the truth of it is some of you here forget that this is the bookmaking business even your local guy can get busted in a sting and you wont get paid.

                                Beted.com simply did not want to go to BetEd.ag beted.eu etc etc a shame to say the least but over the course of 10 years we have seen countless shops open and close , people who read these blogs are informed enough to determine in which shops the risk is greater than others.

                                This all went down due to excessive CC use and the fact that its not secret the DOJ has out it for a few shops in particular , they want the money they want to freeze the fat bank accounts and they want to put fear in your head ..which they have done.

                                Betonsports , Cascade , Neteller , PrePaid ATM etc etc .. every single time that happened people would panic yet here we are... when neteller went down I remember the posts it was like reading a Nostradamus book or the same with Betonsports...yet here we are.

                                Why people complaint about not being able to use e wallets in the US after the legislation is beyond me it is obvious these e wallets were working underground and some risk would be involved .. yet the moment something goes wrong all of you start crying wolf.

                                Now not to say the recent events have not taught us anything but , the ones over the past 10 years have taught me something.. use certain methods as crazy as it sounds these are the ones that have been around the longest and still prevail.

                                Some of you have not been exposed to this business for long or the inside of it so as soon as something goes wrong it does not mean it is over.

                                The larger shops are being watched , that doesnt mean they will stop booking;for them to seize that business they would have to go into europe ask permission to steal a URL away, and then try and find all of their money ..not happening.

                                The one thing I have to say is bad news to you CC depositors back to reality and back to walking 10 minutes to get your action aside from that...business as usual
                                When Neteller went down and Pinny left the US market the affects were drastic on the offshore business...It gets worse each year not any better...now major Books like cris have limited payment methods and moneybookers left....The books themselves are fine but who cares if you cant conviently send and recieve money.
                                Comment
                                • Richkas
                                  SBR Posting Legend
                                  • 02-03-08
                                  • 19396

                                  #17
                                  who cares
                                  Comment
                                  • PanamaBrad
                                    SBR Wise Guy
                                    • 03-22-11
                                    • 717

                                    #18
                                    The books who come out on the other side of this and don't panic will be powerhouses in 5 years.
                                    Comment
                                    • chilidog
                                      SBR Posting Legend
                                      • 04-05-09
                                      • 10305

                                      #19
                                      Wouldn't have to worry about any of this if Americans would fire the people that aren't letting them spend their money anyway they want. I guess eventually when ya'll get tired of having babysitters, you'll do something about it.

                                      Sucks, doesn't it? It's just a few guys, too. Way more people post in Player's Talk. So you vastly outnumber this group of few guys. Anyway, these few guys sit in their nice offices, and they made their decision that you can not legally gamble online (except for betting on horses). Awesome, isn't it?

                                      So, what're you going to do about it? Keep on bitching about it? Or fire these guys? After all, you pay their salaries, and the worse part is that you gave them their job to begin with.
                                      Comment
                                      • soldier1047
                                        SBR Sharp
                                        • 10-26-10
                                        • 332

                                        #20
                                        Good info!
                                        Comment
                                        • alling
                                          SBR MVP
                                          • 05-13-10
                                          • 1405

                                          #21
                                          Originally posted by John Dough

                                          Poker sites and sportsbooks are not the same thing. Many important difference.
                                          I agree. US Politicians want to legalize online poker. Said politicians and the NFL et al dont want online sports betting legalized.
                                          Comment
                                          • ThaWoj
                                            SBR Hall of Famer
                                            • 03-09-10
                                            • 6762

                                            #22
                                            Chili, how long u been living in costa rica and will they ever make u become a citizen? just curious if u don't mind me askin
                                            Comment
                                            • chilidog
                                              SBR Posting Legend
                                              • 04-05-09
                                              • 10305

                                              #23
                                              Originally posted by ThaWoj
                                              Chili, how long u been living in costa rica and will they ever make u become a citizen? just curious if u don't mind me askin
                                              Since 2004. No, they don't make you do anything. Some people just stay here perpetually, living every 90 days for 72 hours to renew their tourist's ****.
                                              Comment
                                              • durito
                                                SBR Posting Legend
                                                • 07-03-06
                                                • 13173

                                                #24
                                                Originally posted by Fa11en
                                                Thank you taxer, I recently became involved in the discussions, in particular, to voice the Sportsbook/business side of the industry as opposed to the gambling side, as I have never placed a sports bet in my life.

                                                I see some sensible and pro gambling posters (Hareeba/Fishead) suggest caution and minimizing exposure but more than anything there is a constant stream of doomsayers that proclaim the end of the offshore industry.

                                                If you think hareeba and fishhead are sensible pros then you don´t know the first thing about the industry.
                                                Comment
                                                • King_Suckerman
                                                  SBR Wise Guy
                                                  • 04-12-09
                                                  • 945

                                                  #25
                                                  Originally posted by alling
                                                  I agree. US Politicians want to legalize online poker. Said politicians and the NFL et al dont want online sports betting legalized.
                                                  Why don't the NFL want gambling legalized?
                                                  Comment
                                                  • Legions36
                                                    SBR MVP
                                                    • 12-17-10
                                                    • 3032

                                                    #26
                                                    Originally posted by John Dough
                                                    If you've been around the industry for a while (I've been betting offshore since about 2000) you'll likely agree that he gave a reasonable opinion, even if you disagree with it. If it makes you feel better, like I posted above, I generally agree with his sentiment. Maybe my 900+ posts since 2005 (many of which have been recent and related to this topic) lend credibility, maybe they don't, I'm not here to convince anyone.

                                                    Everyone should do what they feel is in their own best interest. So if you feel the offshore industry is too risky right now, by all means cash out, but it would be great if the doomsayers would stop repeating their rhetoric over and over. No need to keep telling everyone the sky is falling, we should all be able to form our own opinions at this point. (Note: this isn't directed at you Legions, just making a general point.)
                                                    Hey im not saying i disagree because i don't i believe everything is ok, but what i do disagree is this guy coming here with 4posts and started on forum yesterday saying to all of us these things like we have known him for years and has 10k posts from 5 years ago, when he has zero credibility for anyone to trust, all im saying.
                                                    Comment
                                                    • bookie
                                                      SBR MVP
                                                      • 08-10-05
                                                      • 2112

                                                      #27
                                                      Originally posted by King_Suckerman
                                                      Why don't the NFL want gambling legalized?
                                                      The best answer is that they're small-minded idiots.

                                                      They say they have two concerns. One is of an actual fix that destroy the integrity of the sport, and the other is that every wacky thing that happens at the end of a game and reverses the pointspread winner will feed conspiracy theories.

                                                      Don't tell me how bookmakers are friends to the game's integrity, I get that. I'm just saying what they say.
                                                      Comment
                                                      • John Dough
                                                        SBR MVP
                                                        • 09-21-05
                                                        • 1785

                                                        #28
                                                        Originally posted by Legions36
                                                        Hey im not saying i disagree because i don't i believe everything is ok, but what i do disagree is this guy coming here with 4posts and started on forum yesterday saying to all of us these things like we have known him for years and has 10k posts from 5 years ago, when he has zero credibility for anyone to trust, all im saying.
                                                        No worries. All I was saying is he doesn't really need credibility since he was stating opinion, not fact. Now if he came on and said "I know someone high up in XYZ Sportsbook's management and they told me blah, blah, blah" then I would ignore his post for lack of credibility.

                                                        As another example, when Justin7 posted he knows several players have received large payouts from BM, I take him at his word. If a random poster made the same claim, it wouldn't mean much to me.
                                                        Comment
                                                        • Hareeba!
                                                          BARRELED IN @ SBR!
                                                          • 07-01-06
                                                          • 37283

                                                          #29
                                                          Originally posted by durito
                                                          If you think hareeba and fishhead are sensible pros then you don´t know the first thing about the industry.
                                                          Instead of your incessant negative sniping at me perhaps one day you will come out with an intelligent response to something you disagree with and we can have a meaningful debate about it?

                                                          In regard to this topic, all I can recall saying is that non-US players have no need to maintain accounts with any of the US serving books as they offer nothing beyond what they can get at the best books on the planet.

                                                          And that I've now withdrawn from Greek and Betjam as I fear that they too may lose Moneybookers as a funding option the way things are going at present.

                                                          So what part of that do you wish to take issue with Durito?
                                                          Comment
                                                          • donjuan
                                                            SBR MVP
                                                            • 08-29-07
                                                            • 3993

                                                            #30
                                                            Hareeba,

                                                            You couldn't possibly be more wrong but what else is new? Your statement really only refers to people who exclusively originate soccer and tennis. Otherwise it's hilariously wrong.
                                                            Comment
                                                            • King_Suckerman
                                                              SBR Wise Guy
                                                              • 04-12-09
                                                              • 945

                                                              #31
                                                              Originally posted by donjuan
                                                              Hareeba, You couldn't possibly be more wrong but what else is new? Your statement really only refers to people who exclusively originate soccer and tennis. Otherwise it's hilariously wrong.
                                                              Are you saying post #29 contains factual errors? or are you referring to something elsewhere? if its the latter than why post it here?
                                                              Comment
                                                              • Hareeba!
                                                                BARRELED IN @ SBR!
                                                                • 07-01-06
                                                                • 37283

                                                                #32
                                                                Originally posted by donjuan
                                                                Hareeba,

                                                                You couldn't possibly be more wrong but what else is new? Your statement really only refers to people who exclusively originate soccer and tennis. Otherwise it's hilariously wrong.
                                                                you've lost me
                                                                which statement might you be referring to DJ
                                                                Comment
                                                                • donjuan
                                                                  SBR MVP
                                                                  • 08-29-07
                                                                  • 3993

                                                                  #33
                                                                  Originally posted by Hareeba!
                                                                  you've lost me
                                                                  which statement might you be referring to DJ

                                                                  This:

                                                                  In regard to this topic, all I can recall saying is that non-US players have no need to maintain accounts with any of the US serving books as they offer nothing beyond what they can get at the best books on the planet.
                                                                  Comment
                                                                  • Fa11en
                                                                    SBR High Roller
                                                                    • 05-08-11
                                                                    • 199

                                                                    #34
                                                                    I made that statement because from what I have read, they seem to have the perspective of gamblers who have done this for awhile and can offer sensible opinions based on logic. I do not sportsbet myself so maybe that analysis is skewed but I will give more credit to people who offer up a well thought out take on the subject.

                                                                    My main point is that successful/reputable books will sustain themselves because the people who they depend on will find means to continue giving them service and the most affected are typically the rec bettors who lose the convenience of just using CC or simple ewallet procedures.
                                                                    Comment
                                                                    • Hareeba!
                                                                      BARRELED IN @ SBR!
                                                                      • 07-01-06
                                                                      • 37283

                                                                      #35
                                                                      Originally posted by donjuan
                                                                      This:
                                                                      Ok, now perhaps you'd like to explain in what way a non-US based sports bettor might likely benefit from maintaining funds in an account at one of the US serving books in a way he couldn't at all the other books available to him ?
                                                                      Comment
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