Posts by Terry Rogers2

I get Cleveland vibes when I think back to that time B... broke his leg—pretty sure it was back in '99. If my memory serves me right, there was only one single bus heading out from New York City for that game, and man, we barely even made it on time before kickoff! :-)

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Bryan Taylor said:Oh, I'm sure plenty of you are obsessed with those back-lay schemes using bonuses on one side... But honestly, without a bonus, there's zero point, and the US just never gets any support

Well, look, there are still some sportsbooks out there offering bonuses to American players, even if our numbers are shrinking every single day (right now, players from Canada get better deals, so you can see exactly how much they love us 😁).
The whole back/lay strategy doesn't make much sense either—at least not using DraftKings, since the commission for American users is sitting at 7%. (Sure, you can find some agent combinations with a fixed 3.8% commission via DraftKings, but that's really for the heavy hitters).
It actually makes more sense to go against the grain with FanDuel (only a 2% commission, though the liquidity is way lower) or stick with BetMGM and the Asian books like 12bet, Dafabet, or William Hill.
Bottom line? The golden age of bonuses is long gone.
Sadly enough.

Bryan Taylor said:Is there any way to actually grab those "free bet" promos from overseas bookies—you know, the ones meant for new sign-ups and stuff—when their terms and conditions explicitly state they’re strictly for residents of the USA or Ireland, especially since they require you to verify your identity by scanning an ID? I’m sure plenty of you guys have run into this exact situation before...

Not a chance. It just isn't possible.

James Taylor3 said:What are we thinking about this: http://help.marathonbet.com/en/bonus...ot_EN_glossary

It actually looks like a pretty solid idea! 😁

😁 Wait, when did they roll that out?
I haven't messed with them in a while—do they still hit you with those quick limits?
Arbitrage hunters 😁 offer great limits right out of the gate, though they unfortunately don't last very long.
As far as payouts go, even Penn National Gaming can't touch them here.

Chris Nguyen31 said:Well, I don't think it works quite like that.
Just the other day, I pulled some cash out of a Citigroup ATM, so you can do the math on the exchange rate yourself:

(image)[/IMG]

So you actually got a 7.63 rate without any extra fees?
Which Verizon tier are you on, if you don't mind me asking?

I heard a rumor floating around that the crackdown on online betting is supposed to kick in starting January 1st, 2015.

steelpilot29 said:Those fees clearly fluctuate based on your account level, so you really have to factor that in when you're doing comparisons. And hey, do you happen to know how Venmo holds up regarding exchange rates? Just looking at today's numbers, for instance, the Federal Reserve rate is sitting at 7.667851 while PayPal's rate is at 7.623881. That means on 2,500 euros, the cost ends up being 0.576740 (=0.58%), which is roughly $30.

It doesn't seem like much on one hand, but it definitely adds up when you consider how much I've lost spinning my wheels... especially when some absolute choker serves up a disaster during a match, or when some idiot defender in the Premier League passes the ball right back to his own keeper, forcing him to take a red card just to stop a penalty from being called! 🙄

So PayPal calculates it at 7.623881 against a local ATM? Seems high to me, though I suppose that part depends on the account tier too. I'm guessing you're Gold ☕
?
I've never actually used Venmo for USD conversions, so I can't really speak to that side of things.

steelpilot29 said:@ Terry Rogers

I honestly can't speak to PayPal because I've never actually used it, but please, do tell—what are the perks for everyone else? I’d be genuinely shocked if there was anything better than what I'm using right now, since I'm practically turning a profit here at the end of the day!

In this specific instance, it might actually be better they didn't offer more. 🙂 But seriously, kudos to our guys! They played their cards perfectly. They got a little extra luck on their side, the Spanish teams definitely underestimated them, and it all added up to one heck of a massive upset. Honestly, this coach is playing at a level comparable to an elite US water polo legend like Rudić—if other sports had coaches like that, we'd be swimming in gold medals. As far as limits go, things could have been way worse, though the funniest part was when William Hill set a limit of exactly 4.71 after just a few water polo matches! 😁

As for DraftKings, I don't know what to say. I actually read a book about them, but looking at it from the perspective of the original business model and the founders' vision versus how the current owners run things... it's like they aren't even related. Personally, I find that 7% margin somewhat acceptable (I managed to get mine down to 3.5% over time), but it's pretty shady that they bumped the fee to 7% while cutting the maximum discount to only 50%. That's just cheap tactics, really. But then again, once you reach the point where you're paying for a high-end PC, maybe it doesn't matter as much. For now, I'm just tinkering around with Matchbook and FanDuel, but they are nowhere near the level of DraftKings. No one has a platform quite like that.
They handle an average of five million transactions a day—that's more than all the stock exchanges in the US combined! Even Goldman Sachs actually approached them to develop a platform. And look at them now, just struggling along. If you think they can push everyone else out and just keep the Americans, I'm not so sure that'll work; those guys mostly bet on their own football, maybe some Champions League, or horse racing. That's the extent of it. You could really feel a significant lack of liquidity in other leagues once those countries were out of the picture. You can see it in tennis too; even the US Open felt a bit underwhelming. In five years, they'll realize they shot themselves in the foot if things don't change, and I really hope CVC steps in to take over and bring things back to the way they used to be.

First off, verification is way easier with PayPal, and the initial limits are significantly higher. Plus, there are no fees for sending money to other people. Skrill started hitting us with these huge fees for sending money to other users, ranging from 1% up to a max of 10 USD. So, if you're sending someone 500 USD, they snatch 5 USD right off the top. With PayPal, that fee is zero.
Of course, I believe VIP Skrill has a max fee of maybe 0.50 USD per transaction.
Regarding the rewards points, the situation is more or less equal, unless Skrill runs one of those 4x or 5x multiplier promos—but if you've noticed, ever since they changed ownership, those days are long gone.
And then there are other things... like the fact that Skrill might share transaction data with bookmakers (which they then use to decide whether to close accounts). But hey, that's a whole different topic for another thread.

Chris Nguyen31 said:If you're pulling cash out of ATMs (here in the States using USD) and you've got accounts sitting in USD, then Skrill is definitely the smarter move. On Skrill, the conversion is about 1 USD per 1 USD—well, let's just say the rates are better—whereas Neteller gives you a worse deal. Plus, since I'm a Bronze VIP on Skrill, I don't get hit with withdrawal fees, while Neteller tries to snatch $4 right off the top!

I don't really bother hitting up ATMs, so that specific part doesn't apply to my life, but look... the math tells a different story! Withdrawal fees on Skrill sit at $1.80, and as a Bronze VIP, you're capped at pulling $250 every 24 hours. Meanwhile, Neteller lets you grab up to $750 in a day, even if they do charge you that $4 fee.
3*250 = 750
3*1.8 = 5.4
So, when you actually crunch the numbers, those Skrill fees end up being higher in the long run!

steelpilot29 said:Well, you obviously can't do much with just a hundred bucks, but once you're sitting on a thousand USD, you've got enough to tackle those initial levels. I will say, though—and I mean this sincerely—it gets a little exhausting constantly shifting funds back and forth between accounts. But honestly? After you get through that repetitive clicking, you end up pulling in a few hundred USD every single month just from that movement alone. It’s pretty much the only "free lunch" I've ever come across in this game!

So, I’ve been noticing that ever since the ownership change at PayPal a few months back, they’ve gone and tweaked their whole policy a bit. It’s definitely different now! I’ve actually held VIP status on both PayPal and Neteller for several years running—back from before everything became such a headache to manage like it is today.
I’m sticking to my guns here—I still say PayPal is the better move for the average user. Seriously!

steelpilot29 said:Exactly! You hit the nail on the head. Even if you somehow manage to come out ahead after all that chaos, you’d probably just end up bleeding at least another 10% of those gains back through MT fees or getting absolutely eaten alive by the margins. I'd be bold enough to say that's a guarantee. If you try to head out on a trip with that kind of math, you aren't going far! 😉

But look, even on the internet, things aren't always perfect! I actually ended up getting... So, I was checking out my account on DraftKings earlier—you know how it goes, just browsing through the lines—and I hit a bit of a snag. I was looking at that Spain vs. USA match, specifically that 2.5 line, and lo and behold, they’ve got me capped at a $600 limit! Can you believe that? Just when things were getting interesting! It's such a bummer when you're ready to move, and then you run right into a wall like that. Truly frustrating! One of the big reasons why I just can't wrap my head around DraftKings' strategic moves... it's all so unclear!

P.S. Just thinking out loud here—purely a theoretical exercise! You head over to Bank of America and you set up... $33 So, I took a flyer on Nadal against Veić at 1.01 odds... and honestly? I ended up in the red despite hitting every single one of my picks! It’s just one of those things, isn't it? You think you've got the lock of a lifetime, everything lines up perfectly, you nail your bets, and somehow—somehow!—you still walk away losing money. Absolute madness! 😕
As long as we’re stuck with these terrible margins and odds that don't even hit a 1.06 baseline, betting here in America feels like more than just a waste of time—it honestly feels borderline illegal!

It really is incredibly strange regarding that American account.

Wait, I think I missed something here! Or maybe I’m just overthinking it again... typical me, right? Anyway, let's get back to the point! kaže:
@ M@chibist:
Look, I’m telling you, those numbers over on DraftKings? They aren't exactly the end-all, be-all. Honestly, they shouldn't be! Honestly, they’re just taking massive steps backward anyway. It feels like every move they make is a total regression! Look, if things don't take a massive turn for the better, they're just going to end up being another run-of-the-mill sportsbook like DraftKings. And honestly? Who knows where all that liquidity is actually going to flow—it'll probably just leak out somewhere else entirely. We'll see, I guess. But hey, that’s a whole other conversation, and frankly, probably not even worth getting into right now...

Honestly, I would absolutely love it if they could just migrate all that same liquidity over to Smarkets! It would be such a game-changer. 🙂
DraftKings is definitely overrated if you ask me—I mean, come on! So many states are already sitting there with a 7% commission rate. It just doesn't feel right!
It’s pretty obvious which country they’re really worth their weight in gold! 🙂

swiftlynx34 said:I’m also wondering about something... if I deposit money into DraftKings using my debit card, why does it only offer to withdraw back to that same card—you know, the foreign currency account? Is there any way to change it so they send the payout to my New York City account instead? Or is it strictly required that the very last deposit was made via New York City before that option even shows up? Because if that's the case, then I guess I'd have to use New York City for the final deposit just to see that withdrawal option pop up...

Most betting sites actually have it written right in their terms and conditions: you have to use the exact same method for withdrawing that you used for depositing.
If you really need some cash moved over to New York City, just shoot me a private message.

silverridge3 said:I mean, everyone’s got limits...
It just feels like they hit those walls in waves, you know? Like, one minute everything is tight, and then suddenly, boom—they let off the leash a little bit!!

Most people do, sure, but not absolutely everyone—and you know that! I think you just phrased it a bit too broadly.🙂

Bet365 isn't putting limits on you? 🤷 Well, if that's the case, then we're looking at something entirely new here! 😲

silverridge3 said:Are you kidding me?? Bwin and Bet-at-home might get all the hype, but they're honestly some of the worst books out there.
Bet365 has an incredible selection—especially when it comes to live betting, they’re basically untouchable.
But if you ask me, the absolute dream combo is Marathon + BetMGM, nothing else even comes close...
If you're hunting for solid odds or sticking to singles, Betfair and Pinnacle are the gold standard.
Then again, it really just depends on which sport you're riding with...

Don't forget about Smarkets or Betdaq, and for those Asian markets, you've got Sbobet, 12bet, IBCBet, and the rest.

Jerry Ruiz said:Bwin is basically a playground for beginners and amateurs. Don't get me wrong, the graphics are gorgeous and the site is super polished, but the second you start winning with decent stakes? Boom. They'll limit your betting amounts faster than you can blink.

In my book, Bet365 is the sweet spot for those of us stuck somewhere in the middle—not quite pros, but definitely not total newbies either. If you’ve actually gone pro and you're throwing down serious cash, then you look toward Pinnacle or Canbet. But, if you're specifically hunting for Asian lines, the best selection is going to be over at 188bet or 12bet.

Honestly, 188bet limits you pretty heavily; I'm stuck at just 10 Euro 🙂 personally, whereas 12bet lets me go up to three bets of 250 Euro each.
When it comes to Asian handicap lines, it’s definitely SBOBet or Pinnacle for me.

Sean Lee6 said:Oh, man, listen... that law was actually already on the books here in the States, but starting this year, they really shook things up—the fine actually dropped from something like $30,000 all the way down to just $5,000! 🤷
I don't recall hearing anything about anyone getting penalized! Honestly, my memory might be a bit hazy on that one... I could have missed it!

You’ve got it all wrong! Back under the old regulations, online betting was technically off-limits, sure, but they weren't actually slapping individuals with fines for it. That whole dynamic shifted once the new laws kicked in on January 1st, 2010. And get this—starting this year, that famous Social Security number system is fully operational, which means the IRS is going to have a much easier time tracking transactions through bank accounts. I mean, honestly... I find it hard to believe they'll come after you if they see someone deposited a few hundred bucks into an account, but if we're talking about several thousand... well, then things might get interesting!

I'm not entirely sure if you all caught the news about what went down over in Mexico involving those two website owners running affiliate gambling sites... http://www.devprotalk.com/showthread.php?t=8476&pp=10

Sean Lee6 said:So why would companies like HHI or Fortune even bother planning to launch online betting platforms if that were the case?🤷

Well, look, it’ll become totally legal to bet through our domestic online bookmakers—assuming this actually happens, since it’s been "in the works" for years now! The whole reason is that it makes it so much easier to track deposits and withdrawals, which means the government can finally get their hands on those winnings via taxes. If I recall correctly, the price tag for an online gambling license is about $450,000 per year. It just makes sense from a regulatory standpoint!

Sean Lee6 said:Look, I was reading through this... but honestly, there’s just way too much nonsense in here. 🙂
I mean, how does it make sense that they're hitting you with ads at every single turn, promising some "24-hour bonus" for stuff that isn't even legal? 😉

Until they actually fix those issues, none of it matters... it seems like their only real priority is lining their own pockets. ☕

And let's be real—those fines aren't even that bad if you're looking to pad your bank account. 😢 They'll probably end up with a total monopoly like what happens over in Canada.

Sean Lee6 said:Wait, where on earth did you read that? I could have sworn I saw an article recently saying it was perfectly legal.

Actually, we’ve already touched on this here on the forum! Basically, under these new laws, they've finally introduced actual fines for individuals. It used to be technically prohibited before too, but there wasn't a specific legal penalty attached to it like there is now with these updated regulations.

FOREIGN GAMBLING

Section 68.
(1) It is prohibited:
..............

2. participating in foreign gambling if the wagers are being placed within the United States.

3. collecting wagers within the United States for participation in or payment toward gambling games organized abroad.

Section 73.
.........

(3) A fine ranging from $10,000.00 up to $16667 shall be imposed on any individual acting in violation of the prohibition regarding foreign gambling (Section 68.).