Originally Posted by
BigdaddyQH
If you are going to try to make a living wagering on sports, you had better get connected in Vegas. Offshore Sports books are notorious for cutting limits for basically whatever reason they want. If you win large at book A, and they cut your limits severaly, how do you know that they will NOT notify other books about you. In Vegas, if a "counter" is caught at a blackjack table, the word goes out to most of the casino's and very quickly. Remember, if you are wagering in the U.S with off shore books, your rights are severely limited. The cost of fighting a dispute could be more than the dispute is worth.
Another problme facing offshore books is the knowledge that the U.S. Government can basically pull the plug on them any time they want to do so. They can make life so miserable for these books that it would not pay for them to continue accepting wagers from U.S. based gamblers. The Feds can also legalize gaming in the U.S. and outlaw all sportsbooks outside of U.S. Jusidiction. This is a plan being pushed by Harry Reid, and his friends in Vegas.