So Silver wants 1% of all gambling action! Is he bad at math? Does he even realize what he's asking for?
1% of the take is 20% of the profits! So is Silver stupid or just greedy?
So Silver wants 1% of all gambling action! Is he bad at math? Does he even realize what he's asking for?
1% of the take is 20% of the profits! So is Silver stupid or just greedy?
So Silver wants 1% of all gambling action! Is he bad at math? Does he even realize what he's asking for?
1% of the take is 20% of the profits! So is Silver stupid or just greedy?
hes not gonna get it. but its worth a try i guess. his best chance is to get it in the states that do not have brick and mortar casinos. he could get this at the stadiums or online books if the states allow that. the stadiums could have william hill kiosks throughout the stadium and then they take the casino out of the picture and deal solely with the big mega books.
hes not gonna get it. but its worth a try i guess. his best chance is to get it in the states that do not have brick and mortar casinos. he could get this at the stadiums or online books if the states allow that. the stadiums could have william hill kiosks throughout the stadium and then they take the casino out of the picture and deal solely with the big mega books.
What clues are they lacking, Carpinteria? Share with the class.
What clues are they lacking, Carpinteria? Share with the class.
Capperator…...Here is a quick math lesson, as my question was, is Adam Silver really stupid or just greedy. I was not including others into this question, but it seems that's necessary.
Capperator bets $100 on team A, while Carpinteria bets $100 on team B. They both bet with Bob the Bookie laying 10% vig. Since Capperator is so bad at math, he loses $110 to Bob the Bookie. Carpinteria wins $100. Bob the Bookie collects the $110 from the math challenged Capperator and hands $100 to Carpinteria.
What happened?
Bob the Bookie made $10 profit or when looked at in % terms, 5% on a $200 take. Adam Silver, whom bullied the sports books into coughing up 1% of the total take, stops by and is handed $2 of Bob the Bookie's $10 profit. Bob is left with 80% of the profits....$8, while Adam Silver collects 20% of the profits.
If you think 20% of the profits is not a lot, I feel that it is unlikely you are succeeding in the game of life.
End of story.
Capperator…...Here is a quick math lesson, as my question was, is Adam Silver really stupid or just greedy. I was not including others into this question, but it seems that's necessary.
Capperator bets $100 on team A, while Carpinteria bets $100 on team B. They both bet with Bob the Bookie laying 10% vig. Since Capperator is so bad at math, he loses $110 to Bob the Bookie. Carpinteria wins $100. Bob the Bookie collects the $110 from the math challenged Capperator and hands $100 to Carpinteria.
What happened?
Bob the Bookie made $10 profit or when looked at in % terms, 5% on a $200 take. Adam Silver, whom bullied the sports books into coughing up 1% of the total take, stops by and is handed $2 of Bob the Bookie's $10 profit. Bob is left with 80% of the profits....$8, while Adam Silver collects 20% of the profits.
If you think 20% of the profits is not a lot, I feel that it is unlikely you are succeeding in the game of life.
End of story.
Capperator…...Here is a quick math lesson, as my question was, is Adam Silver really stupid or just greedy. I was not including others into this question, but it seems that's necessary.
Capperator bets $100 on team A, while Carpinteria bets $100 on team B. They both bet with Bob the Bookie laying 10% vig. Since Capperator is so bad at math, he loses $110 to Bob the Bookie. Carpinteria wins $100. Bob the Bookie collects the $110 from the math challenged Capperator and hands $100 to Carpinteria.
What happened?
Bob the Bookie made $10 profit or when looked at in % terms, 5% on a $200 take. Adam Silver, whom bullied the sports books into coughing up 1% of the total take, stops by and is handed $2 of Bob the Bookie's $10 profit. Bob is left with 80% of the profits....$8, while Adam Silver collects 20% of the profits.
If you think 20% of the profits is not a lot, I feel that it is unlikely you are succeeding in the game of life.
End of story.
Capperator…...Here is a quick math lesson, as my question was, is Adam Silver really stupid or just greedy. I was not including others into this question, but it seems that's necessary.
Capperator bets $100 on team A, while Carpinteria bets $100 on team B. They both bet with Bob the Bookie laying 10% vig. Since Capperator is so bad at math, he loses $110 to Bob the Bookie. Carpinteria wins $100. Bob the Bookie collects the $110 from the math challenged Capperator and hands $100 to Carpinteria.
What happened?
Bob the Bookie made $10 profit or when looked at in % terms, 5% on a $200 take. Adam Silver, whom bullied the sports books into coughing up 1% of the total take, stops by and is handed $2 of Bob the Bookie's $10 profit. Bob is left with 80% of the profits....$8, while Adam Silver collects 20% of the profits.
If you think 20% of the profits is not a lot, I feel that it is unlikely you are succeeding in the game of life.
End of story.
The betting public can not absorb an additional 2.5% of vig and honestly not even the 1% Silver wants. That would be like killing the golden goose. The gambler or punter is the lifeblood to the bookies success. At 12.5% the books would destroy bankrolls to the point where people would not have money to wager.
I myself don't even lay the 10%. I play reduced vig ALWAYS. At 5dimes, if a line is -5.5 -110, plus 5.5 -100, I will sell the 1/2 point back to the book and take -6, -100.
12.5% is IMPOSSIBLE to overcome. The books would be slitting their own throats.
The betting public can not absorb an additional 2.5% of vig and honestly not even the 1% Silver wants. That would be like killing the golden goose. The gambler or punter is the lifeblood to the bookies success. At 12.5% the books would destroy bankrolls to the point where people would not have money to wager.
I myself don't even lay the 10%. I play reduced vig ALWAYS. At 5dimes, if a line is -5.5 -110, plus 5.5 -100, I will sell the 1/2 point back to the book and take -6, -100.
12.5% is IMPOSSIBLE to overcome. The books would be slitting their own throats.
The betting public can not absorb an additional 2.5% of vig and honestly not even the 1% Silver wants. That would be like killing the golden goose. The gambler or punter is the lifeblood to the bookies success. At 12.5% the books would destroy bankrolls to the point where people would not have money to wager.
I myself don't even lay the 10%. I play reduced vig ALWAYS. At 5dimes, if a line is -5.5 -110, plus 5.5 -100, I will sell the 1/2 point back to the book and take -6, -100.
12.5% is IMPOSSIBLE to overcome. The books would be slitting their own throats.
The betting public can not absorb an additional 2.5% of vig and honestly not even the 1% Silver wants. That would be like killing the golden goose. The gambler or punter is the lifeblood to the bookies success. At 12.5% the books would destroy bankrolls to the point where people would not have money to wager.
I myself don't even lay the 10%. I play reduced vig ALWAYS. At 5dimes, if a line is -5.5 -110, plus 5.5 -100, I will sell the 1/2 point back to the book and take -6, -100.
12.5% is IMPOSSIBLE to overcome. The books would be slitting their own throats.
play handicap is a certification of dumb. go with sides only and stop being stupid
play handicap is a certification of dumb. go with sides only and stop being stupid
has silver stopped to think that there are tons of sportsbook websites around the world? they would NEVER give a dime to league. and don't see why any of them in USA would do that.
I don't know about match-fixing in NBA. But, over/under points is really suspicious if not say anything bad
has silver stopped to think that there are tons of sportsbook websites around the world? they would NEVER give a dime to league. and don't see why any of them in USA would do that.
I don't know about match-fixing in NBA. But, over/under points is really suspicious if not say anything bad
One thing the NBA could do is install kiosks in NBA arenas where they control and run the software. Then the NBA could keep 100% of the profits and distribute the money to the league however they see fit. People will still use locals (for credit, trust, convenience) and people will still use offshore (for reduced vig). Silver attempting to extort Vegas, US states or offshore for a slice of their action might get him whacked old school Goodfellas style. He's barking up the wrong tree on that one.
One thing the NBA could do is install kiosks in NBA arenas where they control and run the software. Then the NBA could keep 100% of the profits and distribute the money to the league however they see fit. People will still use locals (for credit, trust, convenience) and people will still use offshore (for reduced vig). Silver attempting to extort Vegas, US states or offshore for a slice of their action might get him whacked old school Goodfellas style. He's barking up the wrong tree on that one.
.05-.25% is maybe fair but definitely sets a bad precedence. 1% is pure greed from a man named Adam Silver. There's something to be said about that and I kind of just said it without saying it. I'll leave it at that.
The sad part is he can't even claim naiveté. You know his people have run the numbers and he know's exactly what 1% projects out to. To ask for that amount to do what it's your job to do in the first place is insulting.
.05-.25% is maybe fair but definitely sets a bad precedence. 1% is pure greed from a man named Adam Silver. There's something to be said about that and I kind of just said it without saying it. I'll leave it at that.
The sad part is he can't even claim naiveté. You know his people have run the numbers and he know's exactly what 1% projects out to. To ask for that amount to do what it's your job to do in the first place is insulting.
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