I don't get it

[JC]

Books make money because they have a mathematical advantage with 11/10, not because they are better oddsmakers or better gamblers. This idea that they make money because all players lose over the long haul is a myth.

Chillin understands what I am saying. But it goes further if you are endlessly paying for the same account over and over. That is what you are doing when you bonusing on re-ups.

Let me clarify that I was pointing out shops that offer ALL of the above or similar constantly. It's a mathematical loser.

Yes, this is a real book I saw with all of those promotions listed. I am not naming it because it wasn't the point of my post to bash some other operation. But there is a trend in this industry, and it tends to be more pronounced with smaller, newer operations.

Railbird, I don't know why you made the following statement: "
We players need to ignore people like Jc ...... who try to scam us,deceive us to crap books,they cant
handicap worth beans,so they want us to be misrable as well."

I have never tried to scam or deceive anyone. And I think if you are referring to my former place of employment WSEX as a crap book, I think a lot of people would argue differently. But, you are entitled to your opinion. As far as my handicapping abilities, I have never made any claims good or bad.

[Chillin-the-Most]

Railbird,
Are you comparing Jay Cohen to Johnny DeMarco?
You are comparing apples to oranges to borrow a cliche. Not to take anything away from Johnny who is tops in his field (scorephones not picks), but how do you mention those two together?
JC put together one of the most respected shops out there and has every right to cringe as he watches an industry disintegrate that he helped build.


Rich

[Ronbets]

(r) I've got a problem putting my money in escrow with any sportsbook that offers half juice on ALL normal propositions and bonuses to boot. The books exposure is UP TO 40-1 on being middled and UP TO 20-1 on being sided. When these games land, they usually come in bunches. I've had too many surprises in my life! I know that AT&T recording by rote.

[Hartley]

JC, check out "www.capitalotb.com".

It appears that if you live in a different state from New York, in Canada, Antigua etc. then you can set up an account at capitalotb.com and wager online with them (on a trial basis for now) or by phone. But if you live in New York and try to bet into Antigua then you are breaking the law.
Just more U.S. hypocricy.

Just to let you know, all of us at BWorld are rooting you on. If there's any justice, then eventually you'll be found not guilty and able to persue the American dream without fear of persecution by the hypocrites on Capitol Hill, regardless of who eventually gets in.

[Underdog7]

Alec - you know what? I'm beginning to like you.

[alec]

Undedog7,

Don't get me wrong, I have no intention to disagree with every statement you make. This is just a coincidence.

[Hamhog]

How much is the float worth to books in terms of a percentage of profit?

[bmboy888]

So are you guys saying that a book like Top of the World Sports (TWS) or IIS who offer reduced vig cannot be profitable. I was thinking of posting up with them and actually talked with their customer reps. They are known to be solid books. Any comments?

[Chillin-the-Most]

TWS has stated that they do not offer bonuses in addition to the reduced vig. Jay was pointing to books that pick up transfer fees, then add a bonus, and then try to make it on 5%. It has become standard to offer some sort of perk to customers. For the industry to survive though, there must be some limit to what customers should expect from a solid book that has been in business since the inception of the industry.
Rich