Keep up the dandy work!
Where in Aussie are u from? I took a month long vacation in September of 2013. Visited Auckland, New Zealand........flew to Brisbane, then to Sydney, and capped off the trip in Melbourne. Main purpose of the visit was to meet all of my cousins who live in Melbourne. Great times!
Where in Aussie are u from? I took a month long vacation in September of 2013. Visited Auckland, New Zealand........flew to Brisbane, then to Sydney, and capped off the trip in Melbourne. Main purpose of the visit was to meet all of my cousins who live in Melbourne. Great times!
I gotta ask ya something, and this isn't to be some smartass. I'm playing at three offshores, all three have wagering limits in the boilerplate. How in the hell can you get kicked out of an offshore??? Seriously. I've run more than one local out of town, but never an offshore. Just curious. Keep the winners coming, I'd be happy to be able to put an offshore out of business, LOL.
~T~
~T~
It actually happens quite a bit. If they don't cut you off completely, they will limit you to laughable amounts. For example, they will limit you to $100/game. I've seen it happen quite a bit.
I'm gonna tell ya something, and the forum is my witness......THE FIRST TIME one of the offshore books tries to cut me off, God as my witness, they'll never comprehend the wrath coming at them. It'll be absolutely stupid and I've had this in my back pocket since day 1. GL to all, let's clean out a few bank accounts.
~T~
So what these guys are saying would be in another words that if you are a pro (pro = making a living from betting) and you are living in the USA, you either live in Vegas or if not you bet exclusively using locals.
Otherwise it's impossible to make a living because all offshore books allow just longterm losers or small change long-term winners.
Is this true or not?
(I have another citizenship too besides American -a country from the EU, and I am fully using this in my betting, this is why I'm asking.)
Nobody is talking about putting a bookie out of business.
The only way that one or more organization would have a chance to to make this happen, would be with "Match Fixing" or "Insiders", but nowdays the bookies know pretty well how to defend themselves from these organizations and their risk against such things is getting lower and lower. (In the past they had big troubles with Tennis and Soccer low leagues Matches.)
The bookies are afraid of people that know how to bet professionally and know how to beat them in the long term, that's why the risk managers are paid so much, because they have the very hard job to study and make an evaluation of which kind of punter is their client, case by case.
A few things that would let them limit your account:
- High Winnings: Of course bookies hate to lose money and if are able to win money for them you are like a cancer.
- Good Money Management: The bookies love the typical gambler. The one that certain days is able to bet $1,000 and other days he has only $10 left. The one that always tries to double up and bet like crazy in order to achieve a dream. The one that after a couple of losses has the only goal in mind to get back as soon as possible. So, if they find a punter that is very stable on the money management, that he does not make mistakes and uses a solid "cold" mind, and of course that is able to have a decent winning rate compared to the average odds, most likely sooner or later they will try to cut him off.
High Odds: Another thing that the bookie hates is the punter that knows so well the market that in "early" market or during the "pre" live is able to jump always to the best line.
No matter if he does trading, if he does sure bets(betting under 99%, ex: betting TEAM A +101 on one bookie and TEAM B +101 on another one) or if he just regularly bet. The bookie knows that taking the bets of a punter that he is able to always bet to the higher odds of the market, means for them a guaranteed long term loss.
Small Markets: All the world is a genius to make the right line of Cavs@Warriors G5 and in the long term the bookies have not 1 single chance to lose money on such big events. The big troubles for them come on the lower leagues(For example Eastern Europe Soccer, South American Soccer, Tennis minor events etc., where it is very hard to have information about the games and a lot of "local" people certain times know way more regarding the bookies and these things can kill the bookie, for this reason they usually have low limits for such leagues and they block the people that know what they are doing.
I could go on telling you more things that a bookie hates, but these ones are the key points and I'm telling you this not because I want to be the "Master" or the Genius or "I know everything", not at all, but I spent 20 years of my life working for International .com bookies and I know which "fish" they like and which "fish" they hate.
Be sure of one thing, is absolutely impossible that a bookie overall losses money on a pro sport, like NFL, MLB, NBA, NHL.... US Open Tennis, World Cup Soccer etc.... but it doesn't mean that still they are not trying to avoid to have certain kind of players as their customers.
I get it over with this telling you one more thing to let you understand how they carefully protect themselves.
One day in Vegas I was at the Sportsbook at the Palazzo, it uses to be Cantor(now is CG Technology), and I wanted to bet on two different games, one it was Padres vs Giants and another one a Tennis Wimbledon 1/4 Game. The limit for the MLB game was $200,000, the limit for the Wimbledon 1/4 Game was $2,000. When I asked why that low for a Main Event? The manager just told me, "We have no money on this game....".
The same day a friend of mine in London, walked to a William Hill bet shop and he asked how much could he bet on the MLB Game and how much on the Wimbledon 1/4 Game. The limit for the MLB Game was about GBP 500, the limit for the Wimbledon 1/4 Game was about GBP 20,000.
That's how the they make money... protecting their ass, letting you bet -110/-110, while they are betting +110/+110. It's an easy game for them, not for us unfortunately.
You guys take care and have a beautiful Sunday.
DrMark
