IMHO: Ignore any recommendations here or elsewhere for sportsbooks

Pretending · Nov 5, 2003

Dante, I am no less nervous about 20% bonuses offered.

Something disturbing to me is that big books like sportsbook.com offered 20% bonuses this year for the first time (that I know of). They used to offer 10% bonus on re-ups, but now they gave me free money. I assume it is pressure from all the newer books who offered 20% and higher. Why should I trust that the whole industry in not standing on 1 leg?

Dante · Nov 5, 2003

good point pretending...It is hard to trust any book when things like this happen..the oldtime books Oly/Pinny seem to never have issues .I have also learned that

ericdixon · Nov 5, 2003

I agree Jazz, but recommendations are always only a good starting point for any consumer. A consumer must always do his/her own due diligence when buying anything! Moreover, I hope that gamblers take payout versus leaving large sums of money at any book, regardless of how safe they perceive it, don't leave yourself long in any financial situation if you can avoid it!

drunkguy · Nov 5, 2003

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Dante:
Buzz I learned one thing here, I will NEVER play at a book again that offers more then 20% bonus EVER whether its advertised here or not. I hope the RX does not take books that offer over this amount of bonus again...but all I can do is HOPE on that<HR></BLOCKQUOTE>

Weren't we just reminded about a 20% bonus at betpanam, the book du jour?

JoeyC · Nov 5, 2003

Buzzsaw's list of books is decent.

Any book rated by Buzzsaw B- or above is a solid
choice.

jwunderdog · Nov 5, 2003

A flag should be raised when you see a big bonus but lets not forget a couple of things. More and more books are moving to reduced juice, which I contend over the long haul may cost them more then 20%. The only thing it does is protect the book from bonus whores. Cutting your vig from 10% to 7% is a 30% reduction. It is going to get harder and harder for some of these books to survive on those margins.

Jazz · Nov 5, 2003

There are a number of factors including these as well as the possible impact from an eventual tightening in the U.S. over transfers that I believe are going to result in more fallout and consolidation of these books. You see it in any industry that begins to mature - this one will prove to be no different. Once the novelty wears off and online gamblers get more and more savvy, they will realize you don't have to pay -115 at BoDog for a -105 elsewhere.

Wal-Mart had this impact, it will be no different here.