The people that I know in the business say that the costs versus the benefits make it a lose lose for the book. they feel that after paying some expert in these lower interest sports, and after getting picked off by the wise guys that they are better off offering only the bigger sports with large interest. Heck, a lot of books complain that hockey has minimal interest. How many customers could a book elicit in obscure sports when a sport as big as hockey has low handle?
Well, DSI which was owned by Robbie had a huge range of Soccer matches a few years ago, Chinese league, Singapore, I'm sure they didn't write these lines themselves?
However i asked Apex (robbies) new book if they will be offering soccer lines, he said yes after the football season.
Will most books follow suit?
However i asked Apex (robbies) new book if they will be offering soccer lines, he said yes after the football season.
Will most books follow suit?
I know of a fairly large online book that caters mainly to Americans. They have over 5000 players per week make bets during football so they are larger than most, player wise.
They dabbled in Soccer and their handle was so small it was laughable. Unless a book is going to hire talent and market to the Europeans, Aussies, Asians etc. they are better off only dealing the BIG 4 and only marketing to the the U.S. and Canada.
They dabbled in Soccer and their handle was so small it was laughable. Unless a book is going to hire talent and market to the Europeans, Aussies, Asians etc. they are better off only dealing the BIG 4 and only marketing to the the U.S. and Canada.
Mind naming this book?
And why don't offshore books target non Americans?
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by oscar:
I know of a fairly large online book that caters mainly to Americans. They have over 5000 players per week make bets during football so they are larger than most, player wise.
They dabbled in Soccer and their handle was so small it was laughable. Unless a book is going to hire talent and market to the Europeans, Aussies, Asians etc. they are better off only dealing the BIG 4 and only marketing to the the U.S. and Canada.<HR></BLOCKQUOTE>
And why don't offshore books target non Americans?
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by oscar:
I know of a fairly large online book that caters mainly to Americans. They have over 5000 players per week make bets during football so they are larger than most, player wise.
They dabbled in Soccer and their handle was so small it was laughable. Unless a book is going to hire talent and market to the Europeans, Aussies, Asians etc. they are better off only dealing the BIG 4 and only marketing to the the U.S. and Canada.<HR></BLOCKQUOTE>
True Historian, they offer better lines but not a wide range of events...
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by historian:
DSIuser,
The primary reason most books do not offer Euro sports is the lack of action. The offshore places that offer these due so only as a lost leader and write very little action. Even for the Austrailian Open the majority of action is by scalpers and not by serious bettors. It is pointless for a book to put up lines on events they will write no action on unless there is an injury or some other fluke. The tennis match with the most action so far was the Mauresmo match ONLY because scalpers saw an angle and it was a no-play since she withdrew.
The Euro shops put up tennis, soccer, and other sports with 10 to 20% juice to cover their inability to set a sharp number. Offshore places use a 20cent line which is 4.5% juice. The Euro shops need to get sharper or they will continue to lose business to the offshore spots.
Pinnacle, Olympic, CRIS, ABC, Jazz and i am sure many other shops offer much better lines on Soccer and Tennis than any of the Euro outs. Only Canbet is even close and they issued an earnings warning the other day.
And if anyone has ever done the math you will see that the average wager in Euroland is approximately $22 (see Sportsbook.com annual report) with many place accepting 1 pound bets. In the offshore world, only pure square shops like GCS are in that range while most of the stores on Don Best average $200 - $500 per wager. To put things in perspective, there is one store who writes more on one week of NASCAR than the total of the entire ATP tour and they put up every event.
Good luck to all<HR></BLOCKQUOTE>
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by historian:
DSIuser,
The primary reason most books do not offer Euro sports is the lack of action. The offshore places that offer these due so only as a lost leader and write very little action. Even for the Austrailian Open the majority of action is by scalpers and not by serious bettors. It is pointless for a book to put up lines on events they will write no action on unless there is an injury or some other fluke. The tennis match with the most action so far was the Mauresmo match ONLY because scalpers saw an angle and it was a no-play since she withdrew.
The Euro shops put up tennis, soccer, and other sports with 10 to 20% juice to cover their inability to set a sharp number. Offshore places use a 20cent line which is 4.5% juice. The Euro shops need to get sharper or they will continue to lose business to the offshore spots.
Pinnacle, Olympic, CRIS, ABC, Jazz and i am sure many other shops offer much better lines on Soccer and Tennis than any of the Euro outs. Only Canbet is even close and they issued an earnings warning the other day.
And if anyone has ever done the math you will see that the average wager in Euroland is approximately $22 (see Sportsbook.com annual report) with many place accepting 1 pound bets. In the offshore world, only pure square shops like GCS are in that range while most of the stores on Don Best average $200 - $500 per wager. To put things in perspective, there is one store who writes more on one week of NASCAR than the total of the entire ATP tour and they put up every event.
Good luck to all<HR></BLOCKQUOTE>
Moon,
AFL is booked by just about everyone because its on TV and its a form of football. Sorry I didn't make the distinction, but any form of the four big sports played in North America is going to get booked because there are plenty of suckers out there that will bet it and with TV exposure there will be relatively good action on it. Not many people are aware of this but the AFL gets better ratings than hockey on TV and isn't that far behind regular season NBA games that don't involve the Lakers.
AFL is booked by just about everyone because its on TV and its a form of football. Sorry I didn't make the distinction, but any form of the four big sports played in North America is going to get booked because there are plenty of suckers out there that will bet it and with TV exposure there will be relatively good action on it. Not many people are aware of this but the AFL gets better ratings than hockey on TV and isn't that far behind regular season NBA games that don't involve the Lakers.
Who says the customers only like American sports?
And if they do, wouldn't it be smart to entice them to bet on something they don't know much about? There are alot of compulsive gamblers out there..
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Luca Brasi:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Bookmakers are like restaurants, they serve what their customers like.<HR></BLOCKQUOTE>
That should just about do it.<HR></BLOCKQUOTE>
And if they do, wouldn't it be smart to entice them to bet on something they don't know much about? There are alot of compulsive gamblers out there..
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Luca Brasi:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Bookmakers are like restaurants, they serve what their customers like.<HR></BLOCKQUOTE>
That should just about do it.<HR></BLOCKQUOTE>
