Regarding Solvent Sportsbooks

<TABLE class=tborder cellSpacing=0 cellPadding=6 width="100%" align=center border=0><TBODY><TR><TD class=thead style="FONT-WEIGHT: normal">03-29-2005, 03:16 PM <!-- / status icon and date --></TD><TD class=thead style="FONT-WEIGHT: normal" align=right> #7 </TD></TR><TR vAlign=top><TD class=alt2 width=175>Jay C<SCRIPT type=text/javascript> vbmenu_register("postmenu_1854458", true); </SCRIPT>
RX Member

Join Date: Sep 2004
Posts: 405


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<HR style="COLOR: #fdde82" SIZE=1><!-- / icon and title --><!-- message -->There is no such thing as a "run on the bank." If a book is solvent it wouldn't matter if every customer closed their account tomorrow. If a "run on the bank" is a risk then the book has already tapped into customer funds.
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There are over 2000 gaming sites around I believe. Maybe 3000. The question is....How many of them or what percentage do you posters feel are 100% solvent and could pay off their debts in a timely manner if every player asked for a payout during any given week?

Any thoughts appreciated.

Thanks

I dunno enough about sportsbooks to comment on them. The party poker network could buy Ohio and a few island nations.

Throw a guess anyway or should we be :notlisten ?


2000 sites. According to my interpretation of the word a sportsbook better have more funds on hand than the customer balances.

Do they?