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Does anyone think books match your post up money?

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  • Does anyone think books match your post up money?

    Just curios. I really don't think most of them do. The right way to do it would be to have the funds in a separate account and the book could only take money from that account if they won it.

    I'm sure all the bonuses and stupid bookmaking killed Aces, but I'm also sure they probably floated by because they had huge money on deposit. It's easy to pay the little guy his few dimes when Joe the Whale has half a mil on deposit.

    The point is, how many more Aces are out there?? Probably alot.

  • #2
    True, But not wsex !!! Jc is a trust worthy guy and started the best sportsbook in the world! They for some reason made a very bad idea and had 10% bonus at one time.....

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    • #3
      Getting off the Aces topic for a moment, I wanted to ask why WSEX doesn't accept point buying on totals. I know they are a great book, and I have played with them in the past. But I do like playing totals, and sometimes I would rather buy a point or so on a total rather than play to a bad number. WSEX allows point buying on spreads up to 5 points I believe. I was just curious as to why they wont accept point buying on totals.

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      • #4
        Unfortunately many books don't. Post up money has been used for advertising, day to day costs etc.etc.

        This is the reason that right after the Super Bowl and then again right after March Madness is a danger zone.

        Also why the safest time to post up is just prior to football......

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        • #5
          Considering the news on Camelot I think this post is worthy of more attention. They were using players post up money since football season! Like I said, how many more out there are doing the same?

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          • #6
            They use the post up to operate. Aces, Alladins, and now Camelot. Who will be next? Hope everyone got their funds out from offshores.

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            • #7
              A POST FROM ANOTHER FORUM:

              TO BIG MO:

              FACT:

              SPORTINGBET PLUNKED DOWN 51 MILLION CASH DOWN PAYMENT
              TO BUY SPORTSBOOK.COM

              THE BALANCE OF THE PURCHASE PRICE TO BE PAID OVER THE
              NEXT 7 YEARS I BELIEVE.

              FACT:

              THE CUSTOMER POST UP MONEY IS DEPOSITED IN SEPERATE
              ESCROW ACCOUNTS FOR JUST SUCH A PURPOSE AND IS AUDITED
              EVERY 90 FOR THE QUARTERLY REPORT TO THE STREET.

              FACT:

              SPORTINGBET COULD EASILY PAY OFF THEIR CUSTOMERS IN
              TWO DAYS WITH NO PROBLEM.

              NO PROBLEM!

              FACT:

              SPORTINGBET IS AMONG IF NOT THE MOST FINANCIALLY SOUND
              AND WELL MANAGED SPORTSBOOK FROM TOP TO BOTTOM IN THE
              OFF-SHORE.

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