USA doesn't keep the gambling world web afloat by itself.Get real

tgbn · Jan 17, 2007

People seem to think USA is the only country were people like to gamble on sports .
Spend a few weeks in England , and you'll have the answer.
William Hill , Ladbrokes , Paddy Power are not going anywhere because the USA market is closed for online gambling .
Business over the web makes a lot of sense for the betting companies because they save on personnel , space , etc....
Unless the rest of the world does like the US or Germany and ban internet gambling , one will always be able to place a wager online at reputables and trustworthy books .

Fishhead · Jan 17, 2007

Very true..........and the ASIAN market is growing by leaps and bounds.

Santo · Jan 17, 2007

Many sites do ban US customers though. WH, Ladbrokes, PP all I think.

lapdance · Jan 17, 2007

it's not the only country but it's a major country. BOS and PINNY claim over 70% of their business was USA related.

Journeyman · Jan 17, 2007

Santo said:
Many sites do ban US customers though. WH, Ladbrokes, PP all I think.

exactly :realtongu

Fishhead · Jan 17, 2007

lapdance said:
it's not the only country but it's a major country. BOS and PINNY claim over 70% of their business was USA related.

If they stuck it out, PINNY(and others) will have more volume than they did 5 years ago.........if they don't already.........think about it.

Look for many books to increase their POKERROOM muscle in the near future also.

ASIANS love poker and casino games.........as do many other countries.

kidslick · Jan 17, 2007

do you think people felt like this when they banned alcohol back in the

20's (1920-1933)

Prohibition in the United States (1920-1933) was the era during which the United States government outlawed the manufacture, transportation, import, export, and sale of alcoholic beverages. It also includes the prohibition of alcohol by state action at different times, and the social-political movement to secure prohibition. At any time possession of liquor, wine or beer was illegal. Drinking alcohol was never technically illegal, but one who was drinking was liable for prosecution on the grounds that they possessed the alcohol they were drinking.

we have some fukked up rules in this country:ughhh::ughhh:

Santo · Jan 17, 2007

lapdance said:
it's not the only country but it's a major country. BOS and PINNY claim over 70% of their business was USA related.

That's just not true. Pinny stated 35-40% of their business was non-US. Surely your math can work out that means the US based is not "over 70%".

kidslick · Jan 17, 2007

Santo said:
That's just not true. Pinny stated 35-40% of their business was non-US. Surely your math can work out that means the US based is not "over 70%".

Most non-gamblers will not recognize Pinnacle's name. Unlike PartyPoker.com (which advertised widely on television) and other sports betting sites whose operators court the media, Pinnacle assiduously maintains a low profile. Searches of databases reveal almost nothing about the company -- not even the names of the people who run it. Yet Pinnacle Sports is probably the biggest and best bookmaking operation in the world -- and maybe in the history of the world. It has customers in more than 100 countries, though the U.S. market accounted for roughly two-thirds of its business. "It would not be out of line to guess that their annual handle is in the billions of dollars," said Michael Konik, author of "The Smart Money," a book on sports betting.

Santo · Jan 17, 2007

Pinnacle advertise on Premiership football grounds in the UK, so they're growing here.

But yes, two thirds is 66%, so "roughly two thirds" which wouldn't disagree with 35-40% being non-US. We can say 33-40 if you like, but it's still not "over 70" US.

Utah · Jan 17, 2007

tgbn said:
People seem to think USA is the only country were people like to gamble on sports .
Spend a few weeks in England , and you'll have the answer.
William Hill , Ladbrokes , Paddy Power are not going anywhere because the USA market is closed for online gambling .
Business over the web makes a lot of sense for the betting companies because they save on personnel , space , etc....
Unless the rest of the world does like the US or Germany and ban internet gambling , one will always be able to place a wager online at reputables and trustworthy books .

Even if the no one ever placed a bet from the US again, the sports betting market would be strong and vibrant. The problem is the number of market suppliers versus the demand. If the market loses even 10% of demand there will be a big shakup of suppliers and the loss of many of them. This affects both US and non-US based bettors and it affects books that are not even taking action from the 10% lost (although the effects are obviously less).

So, the market isnt going anywhere and I have no doubt that in a year from now, even in a worst case scenario, those who want to in the U.S. will have plenty of online options. However, if things kept going the way they are, the supplier problem could be huge in the short term and it could cause serious market instability.

tgbn · Jan 17, 2007

Utah said:
if things kept going the way they are, the supplier problem could be huge in the short term and it could cause serious market instability.

The shaky books will go under , of corse . But if people send their money to c,d,e rated sportsbooks and got shafted , they only have themselves and their stupidity to blame .
William hill , Ladbrokes , and some other giants will always be rock solid .

royalfan · Jan 17, 2007

Santo said:
That's just not true. Pinny stated 35-40% of their business was non-US. Surely your math can work out that means the US based is not "over 70%".

Not to get in a pissing match with you, but you are wrong no matter what numbers you are pulling out of your hat. All one has to do is watch the lines not dancing around like before to see what impact the US clients have on pinnacles lines. Just let common sense be the guide here.

Dawoofdaddy · Jan 17, 2007

You are partly correct. However, for those of us betting mostly us based sports, americans are the primary betting action for those sports.

Personally, Im not concerned with betting soccer, Italian basketball, etc.

Woody0 · Jan 17, 2007

royalfan said:
Not to get in a pissing match with you, but you are wrong no matter what numbers you are pulling out of your hat. All one has to do is watch the lines not dancing around like before to see what impact the US clients have on pinnacles lines. Just let common sense be the guide here.

Not to get in a pissing match but are you looking at the impact on US sports? How about the Aussie open?

royalfan · Jan 17, 2007

Woody0 said:
Not to get in a pissing match but are you looking at the impact on US sports? How about the Aussie open?

Predominately. Not a huge tennis guy, but do wager on it sometimes. Pinny lean still going strong in that sport? Thanks for the heads up, however I guarantee you even the tennis is not dancing near as much as it used to without the us punters. But yeah, generally talking about US sports which are what I generally play.

nhoj · Jan 17, 2007

I say pinny will be getting more non US customers when they start advertising in other countries no that they won't spend so much on US ads.

TheWolf · Jan 17, 2007

kidslick said:
do you think people felt like this when they banned alcohol back in the

20's (1920-1933)

Prohibition in the United States (1920-1933) was the era during which the United States government outlawed the manufacture, transportation, import, export, and sale of alcoholic beverages. It also includes the prohibition of alcohol by state action at different times, and the social-political movement to secure prohibition. At any time possession of liquor, wine or beer was illegal. Drinking alcohol was never technically illegal, but one who was drinking was liable for prosecution on the grounds that they possessed the alcohol they were drinking.

we have some fukked up rules in this country:ughhh::ughhh:

Was the American Families Values Organization around in 1920? :smoker2:

TheWolf · Jan 17, 2007

tgbn said:
People seem to think USA is the only country were people like to gamble on sports .
Spend a few weeks in England , and you'll have the answer.
William Hill , Ladbrokes , Paddy Power are not going anywhere because the USA market is closed for online gambling .
Business over the web makes a lot of sense for the betting companies because they save on personnel , space , etc....
Unless the rest of the world does like the US or Germany and ban internet gambling , one will always be able to place a wager online at reputables and trustworthy books .

Bonjour---
While your post does hold some merit.....it doesnt surprise me that you're French.

PointGiven · Jan 17, 2007

watch and see

because of all this

these books will start charging ridiculous fees to withdraw from them

and some people will pay

USA doesn't keep the gambling world web afloat by itself.Get real

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