credit shops

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How exactly does a credit shop operate and how does one qualify ?
 

Ron Mexico. #7
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SAD...This GAk555 dude posts a VALID GAMING question and nobody answers it. Maybe some of the people who have these answers, should do so instead of worrying so much about posters waist sizes and what not.

GAK555--if you want replies you have to ask a question like:

Which poster would look the best in a dress?
Which middle-aged balding male that posts on the RX would be the best in the sack?

Wait to see the responses you would get.

The RX is a sports gambling forum where questions like this should be answered.
If Journey, lander, Shrink,General, Identity, etc...asked this question there would be 15+ responses guaranteed.

Yes, you will say I am being a di*k again, but honestly am I wrong?
 

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I agree with you Pete. A little too much nonsense on here lately. I don't play credit so I can't help the poster but I'm sure there are those in here who can.
 

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sports betting on credit is illegal


and people that have to ask these type questions......arent credit material.........not being rude just stating facts
 

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Who would look best in a dress?
icon_eek.gif


Seriously Pete stop being a dick alright.

Gak to play at a credit shop you need an agent who will put you on a sheet. All money goes through the agent, who usually (not always) lives in your area. Many credit players have settle figures. meaning you either pay or collect when you reach the settle figue eg. $5000. Credit shops operate by taking the action (writing bets - keeping figures) for a group of agents and splitting net profits for an agents sheet. Different splits might be 25% thru 50% after all winners are paid. These days a lot of big post-up books deal to agent placed credit customers also.


wil.
 

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Gak555,
You posted the same across the street, are you a fed being lazy trying to stumble upon a new target,lol??
 

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25% to 50% splits...........
icon_eek.gif



WIL.........delete your post immediately......before my people see those percents.............
bigsmiley.gif


my motto......you want more than 20%????

book em yourself.....lol
 

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Dime - good point - half sheets and 60/40 sheets even quarter sheets may be a thing of the past.


wil.
icon_frown.gif
 

Ron Mexico. #7
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Excellent responses....

I wasnt sure myself what exactly the deal was with credit shops...

My advice....only bet what you can afford to lose.....Credit is BAD....IMO
 

She might have fooled me, but she didn't fool my m
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Agents bring the players to the "shop"

There are several types of agents,below there is brief description on how they work and how they report to the house

Split (Dutch): The Agent Shares with his reporting agent in the wins and looses of the bettor and Agents below him. The Agent’s Percentage indicates the Agent’s share of the wins and looses that are passed up from bettors and subordinates Agents. Te Wins and looses that are passed up to the Agent, less the Agent’s Commission, are passed up to the Agent’s senior Agents.

Red Figure: The Agent shares with his reporting agent in the losses of the Bettors and Agents below him. However, he is not responsible for the winnings. When the Bettor’s and subordinate Agent win, the Amount of the win is tracked and the Agent does not earn commission until future looses exceed wins. The amount of wins that must be overcome by looses is called the Agent’s Makeup Figure (or Red Figure) In the long run , the amount of commission paid to a Red Figure agent and a Dutch agent is the same. The difference is just that a Red Figure agent doesn’t go out-of-pocket of the Bettor wins in the short run.

Reverse Red Figure: This commission Type is very similar to Red Line. The difference is that in this case , it is the Agent who is responsible for the Bettor wins. The Reporting agent shares in looses. When there are net wins, the Agent is responsible for the entire amount and the reporting agent does not earn commission again until the wins have been “made up” by looses.

Profit: A profit agent is similar to a Red Figure Agent. He shares is losses with his reporting agent, but does not share responsibility for wins. The difference is that a Profit Agent does not have a Makeup Figure and earns commission again the next time there are losses of any amount.
 

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