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If you are a bookie, how do you weed out the stiffs?
If you are a bookie, how do you weed out the stiffs? My friend is a bookie and he said the only way he weed out the stiffs is to use post up only for all his customers. Anyone can stiff at any given time and will disappear in thin air if they lose a huge amount playing on a credit line. That's why credit line is no good. It's too risky and difficult to weed out the stiffs. If using post up, then nobody can stiff.
How do you weed out the asshole stiffs?
I have found that players that are given credit accounts with no post-up whatsoever ALWAYS stiff. I require 10% post-up for all players now and that has seemed to weed out the stiffs.
What do you do about stiffs? whats the most you've been stiffed for?Originally Posted by DBurton81
The most that I have been stiffed for as a bookie taking action is $2,000. The most that I have been stiffed for wagering with a bookie is $8,000. I have a few collectors that I know down in California that will call, harass, and sometimes visit these stiffs. There are usually successful at getting some sort of payment from them eventually.
what happened in the case of the 2k?
He disappeared altogether. He moved and changed his phone number and I never heard from him again. Had those collectors look into it, but they couldn't locate him.
If you guys know of any potential legit clients, you can definitely send them my way as I am looking to add a few more clients.
Don't tell me I am the only poster who books here at SBR? C'mon now guys!
Is that you Soprano?
What makes you think anyone here is going to trust a random poster claiming to be a bookie?
You're such big time that you take your six points each day into the SBR sportsbook or casino.
And more to the point why would you declare you're a bookie on a forum whose software records your IP address.
I'll play with you. I'll need YOU to post up, however.
Weren't you the guy stiffed by Wagerhub?
Here's DBurton the bookie begging for a 30 betpoints loan.Further down the thread it looks like he tried to scam points using an extra account:
http://www.sportsbookreview.com/forum/sbr-points...ml#post2599341
DBurton81 is NOT a bookie! He's talking out of his ass. Hahaha.
So he claim he knows a few "collectors" that harass his "clients", yea right! Anyone dumb enough to help you collect is an idiot. I know this one guy that's a wannabe bookie running a stupid little local credit shit on a crappy PPH website, he thinks he's tough and shit and some guy stiffed him. He told that guy what time he's going to go to his house to collect or he's going to beat the living shit out of him. That stiff customer of his called the cops and the wannabe bookie got arrested. HAHAHA!
To avoid the stiffs, just make all your customers post up. It's that simple. Running a stupid credit shop is lame. You need your customers to buy chips first, then wager. It's the same shit, post up first and buy chips first. That way they can't stiff you. If anyone refuses to post up, that means they want to stiff. It doesn't take a genius to figure that out.
i think we covered this topic last week, by the same poster.
no value added here.
no need to post "credit wagering punters are stiffs" topic each week.
if you have a problem, change your ways and don't harrass the forum with same topic each week.
and yes - use only one account for this forum.
Unreal. This place is turning crazier every day
It's simple, you take them as they come. Have an address for them and that is really all you need. Just the fact of you having their address will make them afraid to stiff you. If they still do, you need the muscle to back it up. Just a simple stern talking to usually results in a payment plan.
You guys are unbelievable...dumbass Jarbo starts the thread and then bashes on anyone that answered his question. What a joke. Get a life douchebag!
Jarbo has been a member here for a whopping 2 weeks and he thinks he knows everything about bookies?
Take a hike!
hahha kill him
DBurton is the STIFF !!!!!!!!!
Big Joe is a Big Johnson!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !
"I have found that players that are given credit accounts with no post-up whatsoever ALWAYS stiff. I require 10% post-up for all players now and that has seemed to weed out the stiffs."
Oh boy Mr.Burton i thought you were a lot better then this. You show me your true colors more and more everyday.
One good way is to not take total strangers as players, and/or make everyone go through an agent to play with you. I'm not a bookie, but I was an agent for a few years and found that people will rarely stiff their good friends. We just played the good cop/bad cop routine and if someone tried to stiff, I'd just say that it was money out of my pocket and I wouldn't have enough to cover the winners (also our friends) if he didn't pay. As a last resort, I'd say "well, you're down 500 and our friend Jack is up 500, so I'll just tell Jack that you owe him the 500."
The only time I came close to getting stiffed was a guy that claimed the computer messed up one of his bets and logged in the play on the wrong team. It was a $400 bet, so he said "that's an $800 swing, the computer messed it up, so I"m not paying." That was in October, and I told him I could make excuses for him until the end of football season, but after the Super Bowl, I absolutely had to have it because otherwise it would come out of my pocket (not true). The guy is an all-around decent guy and realized he wasn't going to get away with it, so he finally owned up and paid.
The other way not to get stiffed is by being a damn good bookie and offering great lines on all sports (within reason of course). Having everyone post up is not realistic, but if they know that if they stiff they can never play there again and will have to start going down to ** once every couple weeks, that's a big deterrent.
But at the end of the day, I heard all the excuses as an agent, and I realized which of my friends had character and which were cowards. Also had a guy collect $1k one week, then the next week when he finished down just over $1k, claimed he had a car wreck and couldn't pay. Next time he finished up big a couple weeks later he pitched a fit when I told him I was gonna make him leave his total up for a couple weeks. You slow pay me, I slow pay you!
It goes both ways man. I bet even the ones with character you can't call friends anymore.One good way is to not take total strangers as players, and/or make everyone go through an agent to play with you. I'm not a bookie, but I was an agent for a few years and found that people will rarely stiff their good friends. We just played the good cop/bad cop routine and if someone tried to stiff, I'd just say that it was money out of my pocket and I wouldn't have enough to cover the winners (also our friends) if he didn't pay. As a last resort, I'd say "well, you're down 500 and our friend Jack is up 500, so I'll just tell Jack that you owe him the 500."
The only time I came close to getting stiffed was a guy that claimed the computer messed up one of his bets and logged in the play on the wrong team. It was a $400 bet, so he said "that's an $800 swing, the computer messed it up, so I"m not paying." That was in October, and I told him I could make excuses for him until the end of football season, but after the Super Bowl, I absolutely had to have it because otherwise it would come out of my pocket (not true). The guy is an all-around decent guy and realized he wasn't going to get away with it, so he finally owned up and paid.
The other way not to get stiffed is by being a damn good bookie and offering great lines on all sports (within reason of course). Having everyone post up is not realistic, but if they know that if they stiff they can never play there again and will have to start going down to ** once every couple weeks, that's a big deterrent.
But at the end of the day, I heard all the excuses as an agent, and I realized which of my friends had character and which were cowards. Also had a guy collect $1k one week, then the next week when he finished down just over $1k, claimed he had a car wreck and couldn't pay. Next time he finished up big a couple weeks later he pitched a fit when I told him I was gonna make him leave his total up for a couple weeks. You slow pay me, I slow pay you!
Definitely all still friends, didn't compromise anything there. They were just glad to have the out. Most regular joes think going to ** or ** is the shadiest thing ever for some reason. I'll say this though, of the 12 total guys I had under me, every one ofthem was a net loser at the end of every season, and they all beat themselves buying points, playing parlays, and chasing.
Wrong right there. All the A+ rated books have their customers post up. My friend that's a local bookie had all his customers post up. Having around 30 or 40 customers post up $2000 or $3000 every week in a month is way better than having 2 guys stiffed you couple of grand in one month. It weeds out the asshole stiffs. And of course, local bookies running a stupid credit shop are unprofessional and unreliable. Here's why.
Reasons why post up operations are always better, more professional, and more reliable than local credit shops run by local kids. There are many reasons why Post Up Operation business will ALWAYS out last local credit shops, and why local credit shops should be put out of business! If you have friends that's using an unprofessional, unethical, and unreliable risky local credit shop bookie, make sure you forward this message to them!
* Post up shop has more liquid cash asset than credit shop. Credit shops are technically acting as both a loan giver and banker at the same time. This type of unprofessional and unreliable way of betting is too risky for both the bookie and the bettor. If a credit shop local bookie has a number of customers that runs away after they lose a huge amount, the bookie will not be able to pay the winners. If the credit shop bookie has a number of customers that won a huge amount of money, the bookie have no way of paying them and is forced to disappear from this business forever. The bettors are NOT guarantee they will get paid. Given there's proven evidence, ALL Post Up operations NEVER had these types of problems.
* For one thing, putting up money prior to actually betting makes transactions and payouts much easier for both the bettor and the sportsbook. If you win the bet, you'll get your money back plus your winnings; but if you lose, the sportsbook simply keeps your bet. Post Up also limits you to your physical bank roll, especially in cases where you place too many bets, develop a gambling problem, or have difficulties making transactions.
The opposite is true for Credit Shops. To place a bet with a credit shop, simply sign up and provide your account name and details. Once this is complete, place a bet of your liking. If you win, you'll get the credit used to place the bet returned to you, plus your winnings. If you lose, however, you are liable to produce the cash necessary to cover the losing bet. This is where problems can arise. If a player is a problem gambler, or simply does not have any money to begin with, a losing bet means he/she has to pay the sportsbook immediately. The player must produce the funds or else he/she risks ejection from the sportsbook, credit card charges, or legal action. And yes, in some cases, some of the more shady credit shops send out "debt collectors" if you decide not to pay them or is late to pay them. They may also charge an interest fee! Not having the money to pay just causes lots of problems and issues that never should have happened in the first place: ONLY BET WHAT YOU CAN AFFORD.
Bet right, bet smart, bet safe, BET POST UP!
http://www.sportsbetting3.com/what_i...redit_shop.php
So you were a runner for a few years for a bookie then. The term agent is just a generic term.
How much win/lose action you getting from your customers? 10%? 20%? 25%? The head bookie gets the most out of it. Being a runner is lame.
Real bookies never stiff , and all their players are through players vouching for them.
Never known a bookie in 30 years to stiff a player.
i love when a guy attacks another guy copying his same information he just shared, spreading the same knowledge. whats wrong with you f*cks.
If that bookie has few of his players that stiffed him, then he has to stiff his winners and disappear from this business forever. I've seen PLENTY of these wannabes disappearing one by one because they're idiots offering a retarded and unreliable credit line to their players.
Real bookies are post ups only. Screw the credit shop wannabe kids trying to be a bookie.
Yeah, agent/runner, same thing.
Started at 20%, then bumped up to 30% after 6 months or so. We had agents that made $50k/yr. I didn't have a ton of guys under me, but definitely five figures annually.
Back on topic: if you stiff here, you got blacklisted. This was 4 years ago, so only a few guys in town had pph websites. If you got blacklisted with all of them, then you had to play offshore, and since it was right after august '06 when pinny/netteller got cut off, most average joes were screwed if they couldn't play locally. I'm telling you, there simply wasn't much of a problem with stiffs. Sure there were some bastards here and there that welched on a couple dimes, but it wasn't more than a minor dent in an otherwise well-oiled machine of a business model. I'm too old and busy to have the time for that crap now, but it was great in my mid to late twenties.
Either or, post up shops is the way to go. Even for the big boys that has runners under then, having everyone post up is the way to go. That way, the players will have confidence that they'll be for sure to get paid if they hit a big parlay. I wouldn't play with a local credit shop knucklehead wannabe bookie because I have no fricking idea if he has the money to pay up or not since everyone is playing on credit. Credit shop is for losers. Only go with post up shops. Enough said.
I've been stiffed by bookies a couple of times........ it goes both ways
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