How much cash does PINNY hold from USA bettors ?

SamOdom · Jan 11, 2007

1- Under a billion
2- Under 5 billion over 1 billion
3- Over 5 billion

???

ensign_lee · Jan 11, 2007

Well under a billion.

$1,000,000,000 is a lot of money.

SamOdom · Jan 11, 2007

ensign_lee said:
Well under a billion.

I hope you're correct. Been told it much more.

Fighting_Irishman · Jan 11, 2007

Jesus I do not think any book has a billion at any one given time. Thats a very high number. I would say UNDER.

FI

SamOdom · Jan 11, 2007

They had USA accts betting 25K per NFL gm what sort of bankroll could do that and how many accts?

snoop · Jan 11, 2007

Couple of hundred mils. Still that's shit load of money

BTW, I made withdrawal request a few hours ago, I would have my balance in my Neteller in about 15 min in normal circumstance, still waiting for $$$.

fookineejit · Jan 11, 2007

I reckon its about 90% of their hold however much it is.

Paterno · Jan 11, 2007

I was thinking about this the other day. I was curious how much various books made yearly in interest income.

SamOdom · Jan 11, 2007

Calvin (Bodog) is a multi-Billionaire so they say. Where did all of that cash come?

Railbird · Jan 11, 2007

Ill take the OVER

SamOdom · Jan 11, 2007

I was told "in the billions"

Dawoofdaddy · Jan 11, 2007

Sam Odom said:
They had USA accts betting 25K per NFL gm what sort of bankroll could do that and how many accts?

There are people betting alot more than 25k per game at Pinnacle.

sean1 · Jan 11, 2007

I would guess 1-5billion. My second guess would be over $5billion.

There are many publicly traded companies that have billions in cash. (Meaning billions in profit - not just money like a sportsbook holds). You'd be surpised how many small companies worht a few billion have close to a billion in cash.

I'd be very surprised if Pinnacle did not have at least $3b in cash.
Sean

SamOdom · Jan 11, 2007

DAWOOFDADDY said:
There are people betting alot more than 25k per game at Pinnacle.

Like me and you

uppy:

Domer · Jan 11, 2007

They have around 200,000 US accounts.

It's over $1 billion but not $5 billion.

Doug · Jan 11, 2007

Those NT points just became worth a lot less.

Dawoofdaddy · Jan 11, 2007

Sam Odom said:
Like me and you

Yeah, it would take a million lifetimes for me to get to that type of action.

Had no idea you rolled like that Sam.

:lolBIG:

poopah · Jan 11, 2007

I can't stop laughing, really dude, a billion, how about a gigilion babilion, seriously though, my guess would be between 12-15 million. it's a sportsbook not the dow jones.

Donnybasbl · Jan 11, 2007

Made my neteller transfer request at Pinny at 6:30am EST. Low four figure amount.

I'm still waiting.

MrJ · Jan 11, 2007

They had USA accts betting 25K per NFL gm what sort of bankroll could do that

25k.

How much cash does PINNY hold from USA bettors ?

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