Doug said:
NO THEY WILL NOT. There is simply going to be to many that are coming onto the market. One which is flooded now and its only June. To much of a logistical nightmare and a problem a player will have to figure out for themselves if they are not in the most rock solid places there ever was.
That will only go so far as an earthquake is an earthquake and even the most solid of anything sustains damage no matter how fast it can repair and recover.
Sugarbear said:
I agree. I've been saying for years there are too many books already. There will be fewer in the future.
I don't get what CRIS got out of bailing Richcoast, nor do I get what Royal gets out of Stars.
It's going to be harder yet to bailout Nojuice and Bet4Aces. Why should you even bail-out your competition ? You might get some fleeting appreciation from those bailed out, but gamblers have a short memory of that ( me included), and remember badbeats and low ratings forever !
Sometimes the books doing the bailing wind up being bailed themselves, like Stars bailed me from Pan-am, and is now being bailed by Royal.
What if BOS needed a bailer ? Many of these bails are for under 100k ( like Richcoast, Stars), even Pan-am was low 6 figures.
Not a time for SHIT books now guys !
I think bailouts are good for the industry. As long as the book doing the bailing out attaches a 10+ time rollover to the bailout, then it's all good. It gives the book some action and gives people a chance to get some of their money back. I hope books continue to try doing this for others.
I agree El Jefe ... its all about public relations and keeping a solid public image ... its looks bad for the industry and gives the lawmakers more ammo when books go under and dont get rescued ... many of those players that get stiffed are probably not ever going to get online again ... when a book comes and saves them it gives a positive image for the indsutry as a whole.
Just like when Betfair bailed out Sportingoptions (I think thats them) .... it was to 'keep the faith' of the exchange market.
Just like when Betfair bailed out Sportingoptions (I think thats them) .... it was to 'keep the faith' of the exchange market.
orbit said:
Orbit I agree with you but there is going to be to much from to many places at the same time to be able to do anything.
It like the old stock market crashes film you see from the old days where people were just running around everywhere and anywhere looking for help. It just to overwhelming and the books are going to have to act in a hard core corprate way to survive it.
The player will not like it at all but it will be for the best in the long run.
Its why I have spent time writing what I have in advance.
Do not cry to the watchdogs offshorebettors and do not point fingers at them because in the end you refuse to empower them and chase bonuses instead. You get what you deserve if you are not careful.
queposkid said:
I'm not so sure it's wise to buy players from a place like Richcoast or Nojuice or Stars. You get guys that are there for the bonus mainly and already know about your book and probably have an account anyway.
These places fail because they lack active players and volume.
Some books don't touch this stuff, I think fewer will. CRIS did RC, but it was probably dirt cheap. Usually it's going to be a book like Royal, or even lower. Stars and Richcoast did some bailouts and soon after were the ones being bailed out. What a mess it would be to be involved in a bailout then need a double-bail because your bailer failed during the bailout !
First off, BOS is probably the most appetizing bail out opportunity ever. They are chalk full of squares who have one book that they found in maxim or on campus.
That being said, if they close down, the DOJ may not allow/ frown on someone bailing them out.
And yes, bailouts will continue. Bailouts occur when a company believes it is profitable. Before someone is gonna bail out another book, they are gonna go through the accounts, see how much overlap there is, how long players stay there, etc. Any book that does a bail out believes it is profitable - especially someone like Cris who has no need to get a better rep. When cris bailed richcoast, they got a bunch of websites with decent traffic and incoming links also.
Doug - you are forgetting how many people have just one account. It is likely that 80-90% of people have one account. These people are just as likely to stumble across Betondogbones as pinnacle (Well not quite since pinnacle is higher in google, but you get my point). If you bail out a book with people who only have one book and you treat them well, now they still only have one book.
-Sean
That being said, if they close down, the DOJ may not allow/ frown on someone bailing them out.
And yes, bailouts will continue. Bailouts occur when a company believes it is profitable. Before someone is gonna bail out another book, they are gonna go through the accounts, see how much overlap there is, how long players stay there, etc. Any book that does a bail out believes it is profitable - especially someone like Cris who has no need to get a better rep. When cris bailed richcoast, they got a bunch of websites with decent traffic and incoming links also.
Doug - you are forgetting how many people have just one account. It is likely that 80-90% of people have one account. These people are just as likely to stumble across Betondogbones as pinnacle (Well not quite since pinnacle is higher in google, but you get my point). If you bail out a book with people who only have one book and you treat them well, now they still only have one book.
-Sean
Doug, I don't think that is true.
Most small new books dont come advertise on the forums or on therx, eog, mw, etc...
Most new small books with minimal ad budgets email a bunch of their friends, put some ads in some small circuit publications, put up posters at colleges, etc...
I suspect a lot of these new small books may only have a few hundred players, but that they are unique.
-Sean
Most small new books dont come advertise on the forums or on therx, eog, mw, etc...
Most new small books with minimal ad budgets email a bunch of their friends, put some ads in some small circuit publications, put up posters at colleges, etc...
I suspect a lot of these new small books may only have a few hundred players, but that they are unique.
-Sean
They advertise at TOW. Then posters overlap forums and tell each other about the 100% bonus, and you get at least a certain core of guys like Fishhead and myself that will try them.
I'm much more leary of these books now. I managed to escape Nojuice, Bet4Aces, BOS by getting out at the first sign of trouble, dodging bullets regularly earlier this year.
Right now I only use Mansion, Pinny, Matchbook,5D, Jam,CRIS, Canbet and very little with Wagerweb, SIA, and Sportbet.
The only one I might add is Cascade, maybe WSEX also. I checked out Legendz passed the 20 cent lines.
I'm much more leary of these books now. I managed to escape Nojuice, Bet4Aces, BOS by getting out at the first sign of trouble, dodging bullets regularly earlier this year.
Right now I only use Mansion, Pinny, Matchbook,5D, Jam,CRIS, Canbet and very little with Wagerweb, SIA, and Sportbet.
The only one I might add is Cascade, maybe WSEX also. I checked out Legendz passed the 20 cent lines.
I use a lot of places, but basically, to me, time around matters a lot more than ranking. I'll play at a D+ place that has been around for 8 years before a B place that is 3 months old..
I only got burnt once back in like 97 when Missouri indicted globalcasino which I guess was in Pennsylvania although they said they were in Costa rica.
-Sean
I only got burnt once back in like 97 when Missouri indicted globalcasino which I guess was in Pennsylvania although they said they were in Costa rica.
-Sean
