Can someone please shed some light on this for me?
I thought Hollywood was a shop that catered to sharp bettors who liked the -107 lines. If Sportingbet takes them over and puts them on the same software as all the other books, than the sophisticated players will leave immediately for greener pastures, knowing Sportingbet lines offer very little to the savvy bettor, with their low limits and vanilla lines. Perhaps Hollywood takes more square action than I am aware of.
Why Sportingbet would be interested in Hollywood is not clear to me. Any insight would be greatly appreciated.
I thought Hollywood was a shop that catered to sharp bettors who liked the -107 lines. If Sportingbet takes them over and puts them on the same software as all the other books, than the sophisticated players will leave immediately for greener pastures, knowing Sportingbet lines offer very little to the savvy bettor, with their low limits and vanilla lines. Perhaps Hollywood takes more square action than I am aware of.
Why Sportingbet would be interested in Hollywood is not clear to me. Any insight would be greatly appreciated.
I happen to like Sportingbet. They are financially secure which is the most important factor in my book. However, I wonder if they will stop catering to sharps at Hollywood. I am guessing Hollywood never booted anyone for winning. If this changes, having one less book that won't kick winners out is definitely not good for the industry.
IS
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No matter what they do with Hollywood, they will get access to their database of customers and that should help target/retain more business. Obviously the people who only want the -107 juice or other Hollywood perks may not stay, but it helps turn other people on to the SportingBet sportsbooks who are not as bad as some people make them out to be.
stuckinvegas said:
I filled out that survey also. It was a kind of survey that took a pretty long time to complete, but it showed me that they might be considering some changes to be more competitive. They gave about 20 categories - asked you to rate which sportsbook out there was the best in each, and how sportsbook.com compared.
Press release from Hollywood:
Hollywood Sportsbook International is a leading online sportsbook and casino operator based in San Jose, Costa Rica which has been sold in an undisclosed all cash transaction. As of Wednesday morning, Hollywood Sportsbook will now be operated by Sportingbet utilizing their state of the art technology and excellent customer care as a white label site.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com
fficeffice" /><o
></o>
<o> </o>
The business is mainly conducted through the internet and will be integrated into the existing Sportingbet infrastructure in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-comffice:smarttags" /><st1:country-region w:st="on">Costa Rica</st1:country-region> and <st1lace w:st="on">Antigua</st1lace>. The acquisition also brings additional marketing expertise and enhanced channels for the <st1lace w:st="on"><st1:country-region w:st="on">US</st1:country-region></st1lace> market. <st1lace w:st="on"><st1:City w:st="on">Hollywood</st1:City></st1lace> is a well-positioned business in the growing online gambling market. <o></o>
<o> </o>
Eduardo Guillen, President of Hollywood Sportsbook, said “This is an exceptional step in the right direction for Hollywood Sportsbook, allowing us to maximize our marketing efforts by leveraging the strong infrastructure of Sportingbet.”<o></o>
<o> </o>
This represents a unique opportunity to match the well recognized and branded name of <st1lace w:st="on"><st1:City w:st="on">Hollywood</st1:City></st1lace> with the expanding product base of Sportingbet. <st1lace w:st="on"><st1:City w:st="on">Hollywood</st1:City></st1lace>’s online sportsbook and casino products will be complemented by the Sportingbet offering of horse racing, in running wagering, poker, and the newly upgraded casino product.<o></o>
<o> </o>
<st1lace w:st="on"><st1:City w:st="on">Hollywood</st1:City></st1lace>’s existing customer incentive offerings will be maintained to the extent that the integration process permits. Additional customer bonuses that Hollywood will now be able to offer include a casino rebate program, a horse betting rebate program, -105 juice on Fridays, enhanced parlay and teaser odds, and a Million Dollar Poker Free Roll tournament in conjunction with Paradise Poker. <o></o>
<o> </o>
Any customer inquiries should be addressed to Victor at 1.800.220.0002.<o></o>
Hollywood Sportsbook International is a leading online sportsbook and casino operator based in San Jose, Costa Rica which has been sold in an undisclosed all cash transaction. As of Wednesday morning, Hollywood Sportsbook will now be operated by Sportingbet utilizing their state of the art technology and excellent customer care as a white label site.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com
fficeffice" /><o></o><o
> </o>The business is mainly conducted through the internet and will be integrated into the existing Sportingbet infrastructure in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com
ffice:smarttags" /><st1:country-region w:st="on">Costa Rica</st1:country-region> and <st1lace w:st="on">Antigua</st1lace>. The acquisition also brings additional marketing expertise and enhanced channels for the <st1lace w:st="on"><st1:country-region w:st="on">US</st1:country-region></st1lace> market. <st1lace w:st="on"><st1:City w:st="on">Hollywood</st1:City></st1lace> is a well-positioned business in the growing online gambling market. <o></o><o
> </o>Eduardo Guillen, President of Hollywood Sportsbook, said “This is an exceptional step in the right direction for Hollywood Sportsbook, allowing us to maximize our marketing efforts by leveraging the strong infrastructure of Sportingbet.”<o
></o><o
> </o>This represents a unique opportunity to match the well recognized and branded name of <st1
lace w:st="on"><st1:City w:st="on">Hollywood</st1:City></st1lace> with the expanding product base of Sportingbet. <st1lace w:st="on"><st1:City w:st="on">Hollywood</st1:City></st1lace>’s online sportsbook and casino products will be complemented by the Sportingbet offering of horse racing, in running wagering, poker, and the newly upgraded casino product.<o></o><o
> </o><st1
lace w:st="on"><st1:City w:st="on">Hollywood</st1:City></st1lace>’s existing customer incentive offerings will be maintained to the extent that the integration process permits. Additional customer bonuses that Hollywood will now be able to offer include a casino rebate program, a horse betting rebate program, -105 juice on Fridays, enhanced parlay and teaser odds, and a Million Dollar Poker Free Roll tournament in conjunction with Paradise Poker. <o></o><o
> </o>Any customer inquiries should be addressed to Victor at 1.800.220.0002.<o
></o>
