Why is credit so loose, at credit books ?

Doug · Jan 19, 2009

Tighten that a bit, and maybe guys won't get so barreled in !

Does a $500 player ( settling weekly), really need a $10,000 limit ?

It's like the book wants to let the guy bury himself.

3k should be enough for a nickel player, IMO.

these nickel guys are probably betting over their heads, getting into trouble.

To bet at 2% and bet nickels, you should have 25K, that is real free,and available to lose...if the worst happens. This isn't your bill money, it's money you could actually lose, and still be OK. You just might not have it posted up offshore at a -105 shop, ( understandable enough), but you do have it.

This credit to gamblers is risky, don't ( as a book/agent), give too much credit, to what are essentially deadbeats by nature....or you'll have people owing you, long term, and some won't ever be able/willing to pay.

Tighten it up, you can't sue the stiff in small claims court for it.

TomorrowsNewspaper · Jan 19, 2009

books are hurting. They hope every credit account turns into a whale. In reality, most of the people looking for credit dont have a pot to piss in.

Doug · Jan 19, 2009

Tomorrow's Newspaper said:
books are hurting. They hope every credit account turns into a whale. In reality, most of the people looking for credit dont have a pot to piss in.

But a bad credit guy can win, collect, later stiff....

see Creditwagering

You can't sue, do you break thumbs ?

TomorrowsNewspaper · Jan 19, 2009

I think many books are willing to take the chance. Like creditwagering, a few good accounts makes up for a lot of bad ones and if they didnt pay out, nothing really is lost.

Doug · Jan 19, 2009

Tomorrow's Newspaper said:
books are hurting. They hope every credit account turns into a whale. In reality, most of the people looking for credit dont have a pot to piss in.

Why would one choose to piss in a pot ?

I never got that expression ?

TomorrowsNewspaper · Jan 19, 2009

potty? I guess it is saying they dont even own a toilet?

I do think you have named the next book coming out though

LOOSE CREDIT dot com

going to go try and buy it right now, lol

Doug · Jan 19, 2009

Tomorrow's Newspaper said:
I think many books are willing to take the chance. Like creditwagering, a few good accounts makes up for a lot of bad ones and if they didnt pay out, nothing really is lost.

I disagree, because you will pay out quite a few accounts that win ( to start), then lose.

I'd be conservative with the credit, for that reason. You have no legal recourse, as you are illegal as a book/agent.

Doug · Jan 19, 2009

Tomorrow's Newspaper said:
potty? I guess it is saying they dont even own a toilet?

I do think you have named the next book coming out though

LOOSE CREDIT dot com

going to go try and buy it right now, lol

I'm guessing that expression dates back to a time before plumbing. Reminded me of a coin ( altered)...makes sense now.

http://www.numismaticnews.net/flipside/content/binary/cm1021a.jpg

Doug · Jan 19, 2009

non-altered

krk1030 · Jan 19, 2009

Other than credit wagering, dont all the other credit books make you submit like income information or something?

Doug · Jan 19, 2009

I'm guessing.... if you were rich....you pissed in a pot ( indoors), and had your servants/slaves, .... empty it ?

Doug · Jan 19, 2009

krk1030 said:
Other than credit wagering, dont all the other credit books make you submit like income information or something?

I think it's more like somebody vouches for you, introduces you..... sort of like with a drug dealer.

Betallsports · Jan 19, 2009

krk1030 said:
Other than credit wagering, dont all the other credit books make you submit like income information or something?

:monsters-

romer · Jan 19, 2009

creditwagering dot com

a+ book

a must have out.

Doug · Jan 19, 2009

justify rating them A+, please !

I wouldn't give that rating to many books. maybe Betjamaica.

MONDOGECKO · Jan 19, 2009

A+ might be a little extreme, but their payout system is pretty sweet. They just load money onto a card they give you, walk up to any ATM, and bingo, u got ur cash money.

Rude · Jan 19, 2009

MONDO GECKO said:
A+ might be a little extreme, but their payout system is pretty sweet. They just load money onto a card they give you, walk up to any ATM, and bingo, u got ur cash money.

Would love to see more books have that ATM Card option. Reminds me of what Neteller had.

Neteller ... those were the days!:toast:

SayHeyKid · Jan 19, 2009

Is creditwager legit? How in the world could they still be in business with all the stiffs and degenerates in this business?

Rude · Jan 19, 2009

Say Hey Kid said:
Is creditwager legit? How in the world could they still be in business with all the stiffs and degenerates in this business?

Reading the "fine print" credit players need to wager 3x the original credit ($1000.00 x 3=$3000) before they can request a cashout to the ATM card.

If one does lose, the credit $1000, they must pay it back within 7 days, and you cant wager until you do.

The real question is, what collection agency do they use, and/or what legal grounds do they have ?

All that being said ... after checking out the site, the only thing I like is that ATM Debit card for cashing out. :103631605