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What was the verdict? Is the dime line gone at CRIS? So far I only know of Skybook, Sports Market, Royal, & Premiere sticking with the dime line. Other books using the dime line, please post here.
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Looks like 95% of them are going to 20cent line. I know will be posting up with 10cent books, Skybook, Royal, Aces Gold and Premiere League. I will also be staying with them year round. These books deserve are support and I would encourage others to do the same. Why would anyone in their right mind play with one hand tied behind their back? The fallowing is an article on the subject from another site.
About FIFTY REPUTABLE offshore sports books met today collectively for the first time in San Jose, Costa Rica to discuss whether it was necessary for all of them to switch to a .20 cent baseball line for this upcoming baseball season.
Surprisingly, there were no casualties reported and virtually every single sports book AGREED to use the .20 cent line. In fact, there were only one or two who did not commit to doing so, but they may end up going that route shortly. The reason we say this is that bookmakers who have used the ten cent line in past seasons did not make money, period. And, the majority of them took big losses...
Many gamblers do not understand that every other line in all sports, including Baseball Totals is a .20 cent line. Therefore, the general feeling amongst these sharp group of bookmakers is that they could not make money in baseball or in some cases, not survive at all, unless they dealt a. 20 cent line.
Unification amongst many of these sports books was also discussed to protect gamblers from being stiffed by unscrupulous bookmakers. We see this as a POSITIVE step for this offshore arena because for the first time ever, bookmakers actually left their businesses to show support for one another and address the much needed concerns that not only they had, but the concerns of gamblers as well.
It appears that much more could have been accomplished at this landmark meeting had EVERY bookmaker agreed to switch to a .20 cent line. Even prominent books like WWTS and RIO who had first informed us that they would not make the move, actually did. But, the fact remained that there were two holdouts even after forty eight others or so made the commitment to use the .20 cent line.
Therefore, since TRUST is a vital ingredient and it undoubtedly takes TIME, these bookmakers are now waiting to see if ALL the bookmakers that agreed to switch will HONOR their commitment. We have every reason to believe that they will and the bottom line will be that another meeting is undoubtedly going to occur after the baseball season.
It would be a safe bet to announce that FINALLY, rather than operating independently on so many different islands and countries, there will be a cohesive effort to join forces together at least once a year and address all of the growing concerns that this explosive industry offers to all involved.
We appreciate the efforts of DANA CORBO from DON BEST SPORTS, who although was not in attendance, was a catalyst in getting all of these businesses together for this inaugural meeting.
Regards,
THE SHRINK
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Cashman, It's a good idea not to post information from other sites, as it has been my experience that they have been less than factual in many instances.
Based on my experience, I would say that the chances of the above published article being factual are 100 to 1 against.
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If that really happens, I'll pull my money out of those books on opening day. I'm sure there will be other holdouts from the top books.Comment
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10 cent line will be served from the following based on my calls: skybook, olympic, Belize Intl, Caribi (Monti's place), Loose Lines, Sportingbet, Casablanca, and Canbet......any more please let me know...I agree, Im going to keep playing with these guys, throughout the year.....tired of hearing all these excuses with these shops "neeeding" to go to the 20 cent line, Im just curious, how long it will last, Id like to see the guys who went with the 20cent line get bit in the ass.....Comment
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First question.
Who will be gambling more?
1) The books staying at 10 cents. Who will now be taking all the sharp BASEBALL action!
2) The players who go to these 10 cent books and will want to get paid THE WHOLE YEAR!
Any odds on the first 10 cent book going broke? Or going to a 20 cent line after starting at 10.
Wolf! Wolf!
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I heard that the move to the 20-cent line was close to unanimous, that even books that arrived at the meeting with the idea of backing the 10-cent line cowered from the pressure of Sacco.
One question: Why did they allow Gary Austin there? The guy is a *******, plain and simple. The fact that a guy like Austin is allowed at a meeting like this tells you to disbelieve any propaganda that the 20-cent line is to protect bettors from getting stiffed. If this group were interested in protecting bettors, they'd have strung Austin up by his balls.
A 20-cent line in baseball is a rip-off, plain and simple. This is simply collusion in its purest form. If anyone does research on baseball lines, they will discover that last season was an aberration in terms of both the public and syndicate moves winning. It is ridiculous to over-react, as CRIS has done, on the basis of one season. And there is no need to go to a 20-cent line when a 15-cent line is sufficient. I'm definitely NOT a member of the CRIS fan club.
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I currently have 9 books with a lot of money in them and I am defintly going to take my $ out of the ones with the 20 cent line.
And if this all went down the way I read it. It is like collusion. I have one question .Did they get the same moderator or person who set up this meeting that they used at the latest round of the opec talks? I mean I payed $1.79 a gallon this morning for frikkin gas........
Boomer I hope you are right..
[This message has been edited by krackman (edited 03-15-2000).]Comment
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Here's more proof that a 20-cent line is a farce. The season before last, Betmaker.com and Bowman's had a 15-cent line in baseball. Then last year, they went to a 10-cent line. If they had lost money with the 15-cent line, there is no way they would have gone to a 10-cent line last season.
I wonder if the sportsbooks in C.R. discussed getting a decent linesmaker for baseball. Did they talk about making their weak baseball lines stronger? Did someone ask CRIS why they are stupid enough to move a baseball total from 8.5 over to 9 under when they take a limit bet? How can a sportsbook that doesn't even know what a number is worth command a whole industry?Comment
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krack
although you still have the cheapest petrol in the world though, most likely, well, barring the sheikhs I guess
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What's going on in Antigua?...if Premeire League is the only dime line book on the island, Eddie will need to hire some of those unemployed clerks from WWTS and others. I can see it now, the 20 cent books will sit around doing nothing all summer while Premiere gets all the action.Comment
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Actually, I think you might see the first book that goes under during baseball season dealing a 20 cent line not a 10 cent line. I would guess that cash flow is very important for most offshores. They have expenses that they have to meet and cannot afford a large percentage of their client base to withdraw funds and stop wagering with them.
Therefore, if a large part of their client base withdrew their money(to pursue a 10 cent line elsewhere) and their volume sharply declined they would be in trouble. Especially since it will be happening just as college hoops bettors are closing out their seasons.
Why do you think that the books are colluding to go to a 20 cent line because that is the only way they can make it work.
That beings said if most customers are like people on this forum and will withdraw their funds from books going to a 20 cent line. I would predict that a less than rock solid book that deals a 20 cent line will be the first to close shop.
In fact, if I new a book was switching to a 20 cent line that I didn't have complete confidence in I would withdraw my money now to make sure they still had funds just in case there was a run on the book.
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On the WWTS site, there is a message on the baseball screen stating that Exhibition Season baseball is a 20 cent line and regular season will be 10 cents. That would seem to contradict the message above. I don't see why WWTS would need to switch anyway. Their 10 cent line has beat me handily 3 years out of 4 and is harder to beat than many other places' 20 cent line.
Personally, I'll be disappointed if most of these places switch, but if that's what they need to do to stay reasonably profitable, then I guess I don't have a problem. The only thing that bothers me is the collusion aspect. Kind of reminds me of OPEC.Comment
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OPEC is criminal in my mind. I pay around $5 per gallon here in England! The government doesn't help either, continuing to raise fuel tax...
About the 20-cent line, it'll be interesting to see what happens. Sticking to a dime line will definitely boost the turnover, so it'll be interesting to see how it all turns out.Comment
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Ten cent line is still profitable, no matter what your shops say. Long before the Islands where taking bets, guys in New York were taking the wise guy action, and the volume bets. Where do you think most of these off shores have roots from? If New York survived for all those years on a ten cent line, there should be no doubt the off shores can as well. Either there numbers are getting softer, or the players are getting luckier. I hope the off shores dont respond with the fact that expenses off shore are greater then in the outlaw market, yes its true, but they chose that business, they could have just as well opened a hot dog stand on the beach. The fact is about 10 years or so ago, New York tried to get all the big houses to implement a 20 cent line, the bottom line, it didnt last. Like Ive said before in other postings, baseball was never known as being a very profitable season. Im sure CRIS and the others switrching, still make a tremendous profit at the end of the calender year. In my opinion they should be trying to preserve clientele.Comment
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