It varies with who the local is & whether they trust you enough on giving you a high max credit line.
Also, if you've been a reliable customer for a long period of time.
There are some locals that don't have any swing.......then there are others that have a dime swing, or higher if you're a big player
Also, if you've been a reliable customer for a long period of time.
There are some locals that don't have any swing.......then there are others that have a dime swing, or higher if you're a big player
LOL, what? A settle figure is not a bad thing, it only makes sense for both sides. I don't see why you feel you are "beyond" it.
I don't wanna fuck around with having to pay or even getting paid if it's $33. Why not just roll that to the next week?
What are you advocating? Always settle no matter what? Or let it roll til whenever with no defined rules?
I did not say settle figure I said settle date.
Big difference.
And it's not uncommon either.
That is what I've always done.
What I mean is you don't settle until you reach your credit limit.
If I had to send someone money every Sunday or Monday anytime I'm I'm -200 it's not worth the trouble
Correct
Settle with my local on Wednesday. Under 1000 either way we don't meet. Never established a max figure for any given week. But I have been stuck 5-6k some weeks and been able to bet until the end of the week. Not like he is going to stop me if I'm down 5k going into Sunday morning. He is an hour away so I can't just go meet up with him to square up before i make more plays. I was working for a book 2 years ago and we never set a limit on any players unless they have been set on payment plan in past.
OK, yeah, well...every local I have ever had has a settle date AND figure, and that is a different number than my limit.
Example, one local I have now I have a 1200 limit and a 300 settle figure. We settle every Tuesday if and only if the number is greater than the settle figure either way.
Now that doesn't mean that if I get down 350 or even 800 during the course of the week that we settle. I have until Tuesday to get back under the number, but I only have my total credit limit as "available".
If I get up more than 300 during the week I don't get paid until Tuesday, assuming I am still up over 300. There is no cap on how much I can get up.
It also doesn't mean that I owe him every Tuesday. If I am down 285 we roll it to the next week. If I am up 290 we roll it to the next week.
But yeah, if I'm down 350 on Tuesday I have to pay him, even though I'm not at my credit limit of 1200.
While of course the exact numbers will vary, I suspect this is, in general, how 99% of locals work.
Yea thats normal.
It's give and take the way I set these things up.
I don't hassle them everytime I'm up a few. And they don't hassle me when I'm down a few.
There can be months and months in between transactions .
Of course you can't take advantage of the situation when you are down to your last 100 or so of your credit limit and not make a bet for a month .
That would be frowned upon and if done I'm sure the rules would be changed .
But as long as you are not trying to get over and not abuse the system I think this plan can be worked out once trust is established
If online books could pay 20k in one shot w/o problems with banks ......etc, a lot of people would play offshore, but with problems not being able to collect big amounts cause people to play locally.
My experience mirrors Harry's....Seems like it would benefit everyone involved to have some basic terms set upfront, otherwise so much could go wrong or be in a gray area.....how do you decide what is a good amount? when you are down you would always want to roll it over and when up would want to settle?
