mellowdrifter14 said:You’re still going to have to log in to your own sportsbook accounts anyway. Their business model is basically the same as mine, just on a much smaller scale. For instance, if someone signs up through my link at a place like Pinnacle, I handle their deposits and withdrawals via PayPal without charging a fee. Why would I do that? Because I get about 0.1% of all their deposits, regardless of whether they win or lose.
These firms essentially pool their limits from (mostly) Asian books, which allows you to secure a higher limit (though the exchange rate fluctuates depending on the day). Since they take a 0.1-0.2% cut of your deposit, it’s actually worth it for them to pick up the phone—even if you have to call them in the middle of the night!
In short—if you're hitting limits on sites like Pinnacle for sports like soccer, it's a great move. But for other sports (like handball), you won't see much benefit from them at all...
I was actually wondering if payingsafe.com belongs to you; based on this, it clearly does. Huge respect for the accessibility, the persistence, and how you rebuilt everything after those setbacks. I especially enjoyed the part about the idiot from the state lottery—I had a very similar experience with them myself.😍
Regarding what you mentioned above about "handling deposits/withdrawals via PayPal without a commission"—which commission are you referring to? Even since they phased out points for Venmo on FanDuel, I'm still getting some value there. Also, does a broker get a higher limit simply because they bring in new clients and capital, or is there another reason? It feels like there might not be enough margin in that model to sustain it long-term...
Limits aren't really an issue for me since I've moved away from traditional sportsbooks (the only one left that handles decent stakes and payouts is DraftKings, but that’s probably a question for another day). I've focused my attention on the sports I have on FanDuel, which turned out to be mostly top-tier soccer, ATP tournaments with 500+ rankings, and snooker. Snooker is where I struggle most, particularly with the handicaps, but from what I gather, I wouldn't gain much from a broker in that area anyway.
P.S. If you find yourself trying to avoid the commission on FanDuel, could you please just send a quick private message so we don't clutter the thread for everyone else? I'm talking about "faking" commissions just to stay above 20%, not about opening new accounts.