This made me think of this type of sites...

azg04 · Nov 29, 2004

"First of all, be wary of believing what you read on internet message boards and/or forums. Most of those websites are supported by advertising from sportbooks. The forum owner's revenue usually comes from sharing gamblers' losses. That's how the sportbook pays for advertising on the website. Here's how it works: When a gambler clicks through to a sportbook from a forum website, the owner of the forum receives a percentage of that gamblers' losses; - sometimes as much as 30 percent. It is most often in the forum owner's best interest for you to lose.

Furthermore, contributors to message boards and forums are not always what they seem. The forum owner himself can often 'contribute' to discussions under assumed names, pretending to be a legitimate contributor, wanting to cause controversy in order to increase his 'hits.' In other cases, sportbook managers sometimes contribute while masquerading as expert sports bettors. By doing so, they can promote their own book while at the same time doling out erroneous advice, such as advising people to use progressive betting schemes. In any case, if the website is supported by advertisements from sportbooks, do not trust the website to perform in your best interest"
I found it here: http://www.professionalgambler.com/sportbooks.html, it's a good point of view, I wonder what made him come to that conclusion. :drink:

TheGeneral+ · Nov 29, 2004

30%? What a ripoff. LOL. :drink:

To the best of my knowledge, The Rx does not profit like this. Sportsbooks pay a flat fee to be here.

Thanks for sharing

wilheim · Nov 29, 2004

Tout J.R. Miller has been much discussed over the years here at the Rx. I recall when I first started posting here I posted one of his parlay philosophies and was accused of shilling for him, a long he said she said thread ensued. I will say that the books written by the late Bob McCune he advertises are worth reading.

wil.

Glaken · Nov 29, 2004

azg....this is a good one.....I took an Economics class at FSU in 1982....the theme being most people and businesses pay they're bills from profits. If you are a sportsbook your profits come from your customers bad decisions. If you are a sportsbook you find new customers by advertising with losers dollars. Its called the gambling biz....do you think Vegas was built on giving money away.