Several Bookmakers Collude Because They Can't Compete With Pinnacle...

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THE SHRINK said:
Several prominent offshore sports books have decided not to do transfers with Pinnacle any longer...

Why, you might ask???

The reason these bookmakers are colluding in this manner is because they can't compete with Pinnacle when it comes to volume...

For example, when a Football game is at minus 4 everywhere, and Pinnacle offers the gambler minus $1.05 on each side, most customers will bet with Pinnacle whether they like the Dog or the Favorite...

So, since these sports books are writing less tickets, they have decided to join together to try and hurt Pinnacle by not doing transfers with them...

In my opinion, they are shooting themselves in the rear end and acting retarded....

Enough said...

THE SHRINK
You know all of this for a fact? I am assuming you have called them both and they have told you that they are acting together on this to spite Pinny.

I mean if it is all truly collusion against Pinny then I am sure all that it will mean is an extra step for gamblers to get their money there. They will just transfer to another book and then move the funds to Pinny.
 

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I know CRIS does not do transfers with Pinny anymore. Said it was nothing more than a business decision. I have no problem with it. It's definitely not because of a money problem with either book. All's fair in business.
 

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it still shows weakness

It is still a demonstration of weakness in my book.

Suppose I sit down at a poker table and after 30 minutes I realise that I am the strongest player there. Do I shift tables? Do I try to reduce the ability of the other players to reload?

No way. These are the sorts of actions I might take if I thought I was the weakest player.

Cartels rarely occur in industries which have a top dog, except where the lesser guys - say the numbers 2 and 3 - attempt to form one. The number 1 player has no need to enter a cartel with the weaklings.

I am not saying these books are not solid or anything, just that fear is the motivation.
 

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drunk said:
I know CRIS does not do transfers with Pinny anymore. Said it was nothing more than a business decision. I have no problem with it. It's definitely not because of a money problem with either book. All's fair in business.
I know CRIS doesnt do it anymore also, but I was wondering if Shrink really called and spoke with Mickey and Spiro and they told him they were acting together on this. It just seems to me that he is jumping to conclusions on the reason.

Whose to say that maybe they didnt hear rumblings (pure speculation on my part as I think Pinny is strong as hell) of some sort or if they no longer want to carry a huge balance at one book for the sole purpose of transfers (a courtesy and not a obligation).

Players get to choose what they do with their money so why can't books do the same?
 

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For what it's worth, JAZZ sports book was also asked to stop doing transfers with Pinny but they refused to join this ridiculous plot...

I believe their "childish" behavior will come back and bite both of them in the ass and I told one of these sports books that yesterday...

I also went on to say that the customer (gambler) should come first and this isn't going to make customers happy, since we all prefer convenience...

It is hard enough to send money offshore these days, and they just cut off a very preferred method of payment....

Furthermore, since so many gamblers have accounts with Pinnacle, I predict that BOTH of these sports books will end up losing business since gamblers like convenience.

Therefore, I suspect that other sports books which continue to do transfers with Pinnacle will prosper, while these two sports books will get hurt by this....

Oh, the irony of it all...

THE SHRINK
 
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THE SHRINK said:
For what it's worth, JAZZ sports book was also asked to stop doing transfers with Pinny but they refused to join this ridiculous plot...

I believe their "childish" behavior will come back and bite both of them in the ass and I told one of these sports books that yesterday...

I also went on to say that the customer (gambler) should come first and this isn't going to make customers happy, since we all prefer convenience...

It is hard enough to send money offshore these days, and they just cut off a very preferred method of payment....

Furthermore, since so many gamblers have accounts with Pinnacle, I predict that BOTH of these sports books will end up losing business since gamblers like convenience.

Therefore, I suspect that other sports books which continue to do transfers with Pinnacle will prosper, while these two sports books will get hurt by this....

Oh, the irony of it all...

THE SHRINK
I agree 100%. Stupid business deciosion by all books involved. They will come too there senses.
 

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Interesting thread, Ken...

I do agree that this will not be a very popular move with the offshore heavy-weight players, because I do believe the elimination of this gratuitity is targeted at a very specific group of players.

Which group of players exactly? The majority of players that use the book-2-book transfer are sharp players, value shoppers, steam-chasers and syndicate beards. The fact alone that the "colluding" books are CRIS and Olympic would be an indication of this.

So yes, the forum players will definitely bitch about this one. After all, they will now have to pick up the fees of transfering funds from their Pinnacle account into NETeller and into CRIS or Olympic, or viceversa. So, this move means absolutely nothing for the sharp player, other than higher operation fees. And for the recreational player, this means nothing... ZILCH.

So why are CRIS and Olympic killing this method of funds transfer? Probably because the method was used by the sane customers that were offsetting the value in their lines to Pinnacle odds. They've spotted a wund and they have decided to stop the bleeding. Now, if sharpees want to move money around, they will have to cough up the green. The choices these players now have are:
a) Do business as usual and pick up the NT transaction fees, or
b) Decide not to conduct business with Olympic and CRIS (hard bullet to bite) and find 2 other equivalent "outs"

I personally think there's nothing obscene about trying to conduct a profitable business and I think that's what Olympic and CRIS are doing here. Is it inmoral to try to include other books in this initiative? Well, as much as it is for a forum owner and known beard to blow some steam in his own forum... :toothless

In short Shrinkster, cry me a fvcking river!!! Although I must admit the title of the thread is somewhat accurate. How do you compete with lower juice and an asymmetrical juice straddle? Easy answer... you can't...

Business as usual, that's all... now, would you please cross your legs??? Your panties are showing... :finger:
 

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Walk of Life said:
Business as usual, that's all... now, would you please cross your legs??? Your panties are showing... :finger:
Is that the best you can do? :bowl:

What a "wimpy" response...:biglaugh:

Now I am starting to see why Hollywood got rid of you...:aktion033

THE SHRINK
 

Doin' the life thing...
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Is that the best you can do? :bowl:

What a "wimpy" response...:biglaugh:

Now I am starting to see why Hollywood got rid of you...:aktion033

THE SHRINK
Shrinky-pooh:

I'd suggest that you pour some more O.J. in that vodka, it's early in the day and it's always good to have your vitamin C... BTW, have you tried Grey Goose yet?

:drink:

Now, did the rest of my post pissed you off that you had to make it a personal attack? If so, please accept my apologies... you know my sense of humor sucks.
 

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Walk--Forgive Shrinkwrap, he is having political issues at this time that has him a bit on edge.

:discuss:
 

Doin' the life thing...
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It's all good... Fish... I just think he should dilute his early vodka...

:toast:

I hope next time he posts in here, he'll havte the time to address the rest of my post...

LOL.

Peace out, Fish...
 

ODU GURU
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If you can point out that my panties are showing, then you should be able to handle my Grey Goose Comment about you...:drink:

It's all good...

Ken
 

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LMFAO!!! :aktion033

Indeed... it's all good...

How's the season treating you, Shrink?
 

Doin' the life thing...
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Good to hear, Shrinkster...

Life is being good to me, very good indeed...

Will you be posting some NCAA foots picks for the weekend, some of the good ones... like your ODU picks? :)
 

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I will be happy to share ODU picks when they start playing soon...

Meanwhile, back at the ranch, I am hearing that Hollywoood was yet another sports book who was asked to collude but refused to do so, telling me that these guys are acting like a bunch of babies....

Oh my....

Can it be that this diabolic manipulation is already backfiring and not only are gamblers against this type of childlike behavior, but other sports books in their backyard won't even go along with them...

I wonder why not?

THE SHRINK
 

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That's wrong if it's being down in collusion with other books. It's one thing if a book independantly decides to cut off B2B's with Pinnacle, kind of petty but still understandable. However if they are trying to influence an industry wide boycott of other books to not offer what is pretty much an accepted player perk that is out of line. What next, try and get Neteller to quit working with Pinnacle because players are emptying their accounts into Pinnacle?

This is like saying we can't compete on a level playing field so we will make it tougher for some players to play there. :neenee:
 

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