As many of you know, I am certainly NOT afraid to voice my opinion. As I am beginning to witness more and more sports books KICK OUT gamblers who are WINNING, I am beginning to FOAM at the MOUTH!!
While I certainly understand that due to the FIERCE competition, sports books operate on thin profit margins, I also recognize that most gamblers operate on finite bankrolls and end up LOSING. This fact is indisputable...
As more and more gamblers are getting tossed from offshore sports books simply because they win, I believe it is necessary to FIGHT BACK against what I consider to be WRONG and DISCIMINATORY behavior by some operators.
Do these SAME sports books also kick out COMPULSIVE gamblers who may LOSE more than they can afford to? Of course not!!
Annually, the number of overall NET WINNERS compared to NET LOSERS who engage in SPORTS BETTING is less than 10 per cent!!!
Most sports books will not share this with you but it is a FACT!!! More than 90% of gamblers who open up an offshore betting account will be a net loser after one year!!
While I certainly recognize the need to make a profit in any business, I contend that these sports books who send out letters, like the one SPORTING BET has, should be ashamed of themselves.
Let me copy and paste a response of theirs from a previous thread to a gambler that beat them.
"Dear Mr Change
We regret to inform you that after serious consideration from our Line Management staff and our sister company Sportingbet USA.com's Line Management that we are closing your account forthwith. After analysing your account over the past year we have found you to be a very successful bettor who has a very high winning percentage with us. As we are a recreational betting company, we do not cater to professional bettors who continually bet or follow the steam moves on Don Best. We thank for your custom in the past but you must realise that we are a business and without making a profit, we would cease to exist. All open bets will be honoured and you may reply to this email to let us know how you would like the balance of your account refunded to you.
Kind Regards
Customer Services"
While I have absolutely no problem at all with sports books who want to LIMIT some PLAYERS (usually this will only occur if they suspect you are sharp or a winner), I LOATH the fact that more and more sports books are closing up accounts of those who WIN, rather than LIMITING them!!
Beginning next week, we will start listing the sports books who make a PATTERN of tossing players merely because they WIN.
I believe it is our obligation to let the PLAYERS know IN ADVANCE about which sports books behave in this manner.
If anyone reading this can furnish us with PROOF that they have been TOSSED merely because they WIN without being limited, please email shrink@theprescription.com
Thanks,
THE SHRINK
[This message has been edited by THE SHRINK (edited 09-16-2000).]
While I certainly understand that due to the FIERCE competition, sports books operate on thin profit margins, I also recognize that most gamblers operate on finite bankrolls and end up LOSING. This fact is indisputable...
As more and more gamblers are getting tossed from offshore sports books simply because they win, I believe it is necessary to FIGHT BACK against what I consider to be WRONG and DISCIMINATORY behavior by some operators.
Do these SAME sports books also kick out COMPULSIVE gamblers who may LOSE more than they can afford to? Of course not!!
Annually, the number of overall NET WINNERS compared to NET LOSERS who engage in SPORTS BETTING is less than 10 per cent!!!
Most sports books will not share this with you but it is a FACT!!! More than 90% of gamblers who open up an offshore betting account will be a net loser after one year!!
While I certainly recognize the need to make a profit in any business, I contend that these sports books who send out letters, like the one SPORTING BET has, should be ashamed of themselves.
Let me copy and paste a response of theirs from a previous thread to a gambler that beat them.
"Dear Mr Change
We regret to inform you that after serious consideration from our Line Management staff and our sister company Sportingbet USA.com's Line Management that we are closing your account forthwith. After analysing your account over the past year we have found you to be a very successful bettor who has a very high winning percentage with us. As we are a recreational betting company, we do not cater to professional bettors who continually bet or follow the steam moves on Don Best. We thank for your custom in the past but you must realise that we are a business and without making a profit, we would cease to exist. All open bets will be honoured and you may reply to this email to let us know how you would like the balance of your account refunded to you.
Kind Regards
Customer Services"
While I have absolutely no problem at all with sports books who want to LIMIT some PLAYERS (usually this will only occur if they suspect you are sharp or a winner), I LOATH the fact that more and more sports books are closing up accounts of those who WIN, rather than LIMITING them!!
Beginning next week, we will start listing the sports books who make a PATTERN of tossing players merely because they WIN.
I believe it is our obligation to let the PLAYERS know IN ADVANCE about which sports books behave in this manner.
If anyone reading this can furnish us with PROOF that they have been TOSSED merely because they WIN without being limited, please email shrink@theprescription.com
Thanks,
THE SHRINK
[This message has been edited by THE SHRINK (edited 09-16-2000).]