How much do you think you Need to Open your Own Sportsbook ??

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you need as much money as betallsports has at least to do it
 

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they way some of these post up books fuck people around, with payouts and stiff jobs...............not as much as you think.
 

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depends what limits you'll take.. 25 million ?
+1 start out with small limits and work your way up, if you want to take dime action you should at least start with 100k
 

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If you're taking dimes you best have more than 100K, or you will be like Betphoenix, taking a month to payout. lol
+1 start out with small limits and work your way up, if you want to take dime action you should at least start with 100k
 

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If you're taking dimes you best have more than 100K, or you will be like Betphoenix, taking a month to payout. lol
If your getting a 10% edge on a 1% risk how do you figure? Betphoenix must hang soft line then?
* 100k is the least you'd start with
 

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you guys are forgetting software , employees , office space , advertising .
 

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How many players are you going to have betting a dime a game?
If your getting a 10% edge on a 1% risk how do you figure? Betphoenix must hang soft line then?
* 100k is the least you'd start with
 

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I'd say BARE MIN. $500K, wth $500 limits, some Dime limits was established
 

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+1 start out with small limits and work your way up, if you want to take dime action you should at least start with 100k

One good Parlay would knock u right out of business and then u will become a stiff if u can't pay. And that's when the problems start.
 

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there are a bunch of licenses and shit u have to get too if i'm not mistaken depending on where you're located.
 

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Apparently everybody here assumes an offshore-style book open to anybody.

You could open an invite-only book at your local bar with $20,000.
 

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Apparently everybody here assumes an offshore-style book open to anybody.

You could open an invite-only book at your local bar with $20,000.
thats what i was thinking plenty of locals running shop with 100k
start small as an invite like Facebook then work your way up
 

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