How much money is being wagered through the major off shore bookies?

**ApricotSinner32** · 05-20-12, 04:55 AM

Hundreds of thousands if not millions especially 5dimes i'd assume is very high volume.

**cyberinvestor** · 05-20-12, 08:17 AM

I would say Apricot is a little light. The offshore industry allegedly does $5-$10B per year in volume. Sites like Bookmaker are rolling over into the hundreds of millions every year. That's not profit, just overall volume.

**Bill Dozer** · 05-20-12, 09:54 AM

All estimates very low. Consider large players bet millions in months by themselves.

**Fa11en** · 05-20-12, 11:10 AM

Im fairly certain Pinny does +10 Bil on their own.

**Optional** · 05-20-12, 11:34 AM

10bil/year comes out to 27 mil average per day.

Wonder what the average profit is on turnover. 5%?

**jmp** · 05-20-12, 12:18 PM

Originally posted by Optional

Wonder what the average profit is on turnover. 5%?

You mean how much of the 27 mil on average is the house taking in? You think it is 5%?

**Waterstpub87** · 05-20-12, 12:33 PM

They also take a lot of parleys and such. This would increase the hold %.

**Optional** · 05-20-12, 12:44 PM

Originally posted by jmp

You mean how much of the 27 mil on average is the house taking in? You think it is 5%?

Yeah. Well not think, more asking if anyone who has worked for a book knows.

**a4u2fear** · 05-20-12, 02:08 PM

Originally posted by Bill Dozer

All estimates very low. Consider large players bet millions in months by themselves.

JJ included?