By Stephen Nover
The Rx.com
June 3, 2003
http://www.therx.com/nm/templates/article.asp?articleid=1031&zoneid=1
Odds and Ends Sports has sold its post-up business to Gamblers Avenue. Odds and Ends will continue to run its credit shop.
Negotiations between the two Costa Rican sports books were finalized Tuesday morning. Post-up players at Odds and Ends automatically will have their accounts switched to Gamblers Avenue’s database.
“It should be taken care of soon and everyone’s welcome to play,” said Fred Martinez, customer service manager for Odds and Ends.
J.J., owner of Odds and Ends and a bookmaker for more than 30 years, never felt entirely comfortable doing post-up.
“They already have an outstanding credit business,” Martinez said of Odds and Ends.
So after about 19 months of trying post-up and encountering an unpleasant experience, J.J. decided to end that aspect of his business.
“It’s not their piece of the pie,” Martinez said. “They really don’t want this. But it’s pleasing to know that it’s not like a book is going under. It was a case of an old school owner not feeling comfortable with post-up and getting his price to sell off his customer base.”
In December it was discovered a bettor was taking advantage of Odds and Ends’ software and a computer glitch to run up an initial $200 deposit into $12,000 by making ‘What If’ correlation wagers on the first half of basketball matchups.
While this story was detailed in a Jan. 16 article on the Rx.com home page, J.J. refused to pay the bettor a final $5,800. The ensuing controversy and the belief that he felt cheated by someone taking advantage of the latest computer technology left a sour taste for J.J. when it came to Internet bookmaking.
“He said, ‘Fred I’m not into this anymore,” Martinez said. “I’m going to do my own thing. I’ve been in credit for 30 years. Why go to something new?”
Perhaps then this becomes a win-win situation. Gamblers Avenue, which started in January, increases its customer base and becomes more powerful. While J.J., who has tried to be honorable throughout his 30 years in bookmaking, can now just concentrate on his roots, which is credit.
The Rx.com
June 3, 2003
http://www.therx.com/nm/templates/article.asp?articleid=1031&zoneid=1
Odds and Ends Sports has sold its post-up business to Gamblers Avenue. Odds and Ends will continue to run its credit shop.
Negotiations between the two Costa Rican sports books were finalized Tuesday morning. Post-up players at Odds and Ends automatically will have their accounts switched to Gamblers Avenue’s database.
“It should be taken care of soon and everyone’s welcome to play,” said Fred Martinez, customer service manager for Odds and Ends.
J.J., owner of Odds and Ends and a bookmaker for more than 30 years, never felt entirely comfortable doing post-up.
“They already have an outstanding credit business,” Martinez said of Odds and Ends.
So after about 19 months of trying post-up and encountering an unpleasant experience, J.J. decided to end that aspect of his business.
“It’s not their piece of the pie,” Martinez said. “They really don’t want this. But it’s pleasing to know that it’s not like a book is going under. It was a case of an old school owner not feeling comfortable with post-up and getting his price to sell off his customer base.”
In December it was discovered a bettor was taking advantage of Odds and Ends’ software and a computer glitch to run up an initial $200 deposit into $12,000 by making ‘What If’ correlation wagers on the first half of basketball matchups.
While this story was detailed in a Jan. 16 article on the Rx.com home page, J.J. refused to pay the bettor a final $5,800. The ensuing controversy and the belief that he felt cheated by someone taking advantage of the latest computer technology left a sour taste for J.J. when it came to Internet bookmaking.
“He said, ‘Fred I’m not into this anymore,” Martinez said. “I’m going to do my own thing. I’ve been in credit for 30 years. Why go to something new?”
Perhaps then this becomes a win-win situation. Gamblers Avenue, which started in January, increases its customer base and becomes more powerful. While J.J., who has tried to be honorable throughout his 30 years in bookmaking, can now just concentrate on his roots, which is credit.
