My guy,actually the pph manager 86'd J-man for betting bad lines.
He would spend his whole day looking for mistakes.
Finally the pph supervisor said enough of this guy,granted the sup should of done a better job as was a small pph shop kinda of a one man band although he does have employees.
When I 86'd him he ran strait to Dub to get on with Cigar as a game was going off.
Fred Flinestone:Bet Bet Bet
He would spend his whole day looking for mistakes.
Finally the pph supervisor said enough of this guy,granted the sup should of done a better job as was a small pph shop kinda of a one man band although he does have employees.
When I 86'd him he ran strait to Dub to get on with Cigar as a game was going off.
Fred Flinestone:Bet Bet Bet
Typically there is no book - you are the book, only you do not write any bets the PPH shop does that for you at their 800 number who knows where. Lets say you are a local in a good sized city in your area and have a sheet with about 35 players on it, mostly small bettors but a few dime players and maybe 1 or 2 even higher bettors sprinkled in the mix.
You hire a PPH shop offshore with an 800 number to write their business for you - you have to trust them to some extent that they are going to use plain vanilla lines and not stick your neck out by hanging a bad number.
Some PPH shops allow agents/locals to have access to the lines their players only see, this is called your package profile. Most PPH Software allows linesmakers to set different players to different profiles. Your one big player may see completely different numbers than your 28 small players do. It's all in the way you negotiate your deal with your PPH shop.
In the end you are the book - you get figures either late Sunday night (Monday during foots usually) or early Monday morning from the PPH shop for each player and set settle days with your 35 players. Collect on Tuesday and pay on Wednesday. Natrually you may have to mail money to or have money mailed to you if you have guys from other geographic areas on your sheet.
I really you want emphasise the importance of capping everyone on your sheet. For example your 50 cent to one dollar ($50 and $100) bettors can have a nickel or maybe a dime cap, your deuce bettors a 2 dime cap and so forth. The PPH shop has that cap in the players profile in their database. If a player reaches his cap during the week he is cut-off only a phone call from you to the PPH shop can raise the cap so he can continue to play. Strictly a judgement call on your part if you think the player is good for the extra credit. Some agents will say bring me a dime right now and I will raise your cap. Trust is everything.
Another important factor is establishing settle figures with every player. You don't want to be meeting guys to collcet $73. The settle figure is much like the cap the higher the trust you have in the players ability to pay the higher the cap and the higher the settle figure.
You might have a 10K settle with your big players and 5k settles with the dime players. Again up to your judgement and experience with your players.
There is more to it than what I have described here but I think you can get the general idea.
All you pay the PPH shop owner is $30 times 35 or whatever amount of players play that week. Some shops are cheaper like $25 per head but usually you get what you pay for.
wil.
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His latest excuse is because I exposed him (actually TT did last week in the EOG Academy Awards thread) he won't pay because no one will believe the $5800 didn't come from Shrink.
Of course he will also deny he works for Shrink so go figure. Like Shrink is just going to send TT $5800 out of the goodness of his heart for someone like Journeyman. Fat chance of that.
Maybe just maybe Shrink will try to do the right thing (like Rick did) and set up a monthly payment plan from JM's pay to TT until the debt is paid. I am sure TT would have no problem with that type of arrangement as long as the amount is at least $200 monthly - $500 would be more appropriate seeing how the money is no big deal to Journeyman (according to him).
Posters would see that kind of deal as a bona fide effort by JM to make good his debt and he would not have to listen to posters calling him a stiff. Something he has always been quick to do with others in the past (see Madcapper for example).
Journeyman pay the man his money, you lost it fair and square.
wil.
Of course he will also deny he works for Shrink so go figure. Like Shrink is just going to send TT $5800 out of the goodness of his heart for someone like Journeyman. Fat chance of that.
Maybe just maybe Shrink will try to do the right thing (like Rick did) and set up a monthly payment plan from JM's pay to TT until the debt is paid. I am sure TT would have no problem with that type of arrangement as long as the amount is at least $200 monthly - $500 would be more appropriate seeing how the money is no big deal to Journeyman (according to him).
Posters would see that kind of deal as a bona fide effort by JM to make good his debt and he would not have to listen to posters calling him a stiff. Something he has always been quick to do with others in the past (see Madcapper for example).
Journeyman pay the man his money, you lost it fair and square.
wil.
yeah that would have been interesting to say the least. Honestly I think Jman was surprised to get paid from Choptalk. I think he thought he was walking away from that bet when he left.
Thanks for the lesson Wil. That was very informative. I would hate to have to try to collect from several dozen people every week or so. I imagine the default rate is pretty high
I WOULDNT WANT TO BE WAITING AROUND FOR THIS WELCHER TO PAY.JOURNEYMAN WONT PAY HE IS A DEADBEAT AND WHAT DOES THIS SAY FOR THE SHRINKS CHARACTER OFFSHORE HE HIRES A KNOWN WELCHER.GENERAL AND BUCSFAN WONT EVEN TALK TO HIM IN THE FORUM DIRTY ALSO THEY JUST IGNORE HIM ITS FUNNY AS HELL.I ASKED GENERAL WHATS THE PROBLEM BETWEEN HIM AND THE WELCHER AND HE WOULDNT SAY HE JUST SAID HE HAS HIS REASONS.
IF YOU KEEP CALLING JOURNEYMAN A WELCHER AND A RAT BASTARD LIKE HE IS THE SHRINK WILL PUT YOU ON POST REVIEW AND EDIT ALL YOUR POSTS THIS IS WHY I LEFT THAT DUMP.:nono5: POST REVIEW MY ARSE
IF YOU KEEP CALLING JOURNEYMAN A WELCHER AND A RAT BASTARD LIKE HE IS THE SHRINK WILL PUT YOU ON POST REVIEW AND EDIT ALL YOUR POSTS THIS IS WHY I LEFT THAT DUMP.:nono5: POST REVIEW MY ARSE
Not as bad as you might think if you screen your clientele well and know something about them other than their posting handle and an email addy. Guys that just plain stone cold stiff are not that common, what is more common is the "I am a little short this week" types. Those you can live with because they will pay in time.
The last thing you want to do anymore is stick a guy in a bad corner with no recourse but to stiff. Take payments if you have to but threatening to break legs has gone out with high button shoes.
Stiffs are part of the cost of doing business for a local, just like having a good lawyer on retainer in case of a bust is.
Again it all comes back to your ability to judge character and that is impossible to do unless you meet someone in person or have him vouched for by someone you trust a lot. Over the internet is the most difficult way to judge character but many players come with resumes and that helps. In the end regarding getting paid there are never any guarantees in the business just high to low probabilities. Figuring out who is what is the trick.
Without trying to sound like I know everything (because I certainly do not) I could be a good local given a decent bankroll and a fertile area in which to recruit players. The very best locals have some style and are not afraid to pick up a check or take care of their help well.
wil.
The pph wasn't that expensive but still ads up.
It was $10 per head internet only and jumps to $22 for call in's.
As a sub agent I had access to all my guy's profiles an set their limits accordingly.
I will be the first to admit I am a bad judge of character,though I will say Mike gave very early warning signs as I've heard it all and he lies and funny part is he and so many others must think your stupid to believe the crap that comes out of their mouths as to why they bet a bad line or why they have to slow pay etc.
You know how you know when Mike is lying?
His lips are moving..........
It was $10 per head internet only and jumps to $22 for call in's.
As a sub agent I had access to all my guy's profiles an set their limits accordingly.
I will be the first to admit I am a bad judge of character,though I will say Mike gave very early warning signs as I've heard it all and he lies and funny part is he and so many others must think your stupid to believe the crap that comes out of their mouths as to why they bet a bad line or why they have to slow pay etc.
You know how you know when Mike is lying?
His lips are moving..........
