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    All Forums | Gaming Industry - US

    Hilton Sportsbook getting GREEDY

    MyBookieWentBrk
    spottie2935
    wizardofroz
    chef702
    Buyingthehook
    Participants:
    Search
    Views: 1195
    Posts: 8
     
    MyBookieWentBrk
    MyBookieWentBrk
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    Posts: 4
    Posted: Aug. 31, 2012 - 1:01 PM ET #1

    I went into the Hilton yesterday and picked up a couple parlay cards to bet some games for the weekend.  I filled them out and bet only to realize that they slashed their payouts.  And I mean SLASHED!  I think all of their payouts are 10-20% lower than last year.  I guess I am done with this book.  At least they got some dollars from me yesterday.  But those will be the last!
    Reply
    To remove first post, remove entire topic.
    I went into the Hilton yesterday and picked up a couple parlay cards to bet some games for the weekend.  I filled them out and bet only to realize that they slashed their payouts.  And I mean SLASHED!  I think all of their payouts are 10-20% lower than last year.  I guess I am done with this book.  At least they got some dollars from me yesterday.  But those will be the last!
     
    spottie2935
    spottie2935
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    Posts: 23161
    Posted: Aug. 31, 2012 - 8:52 PM ET #2

    can you list the parlay card odds for 7 teamers and up so i dont waste my time. tanks
    Spottie2935 on socials
    Reply
    can you list the parlay card odds for 7 teamers and up so i dont waste my time. tanks
     
    MyBookieWentBrk
    MyBookieWentBrk
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    Posted: Sep. 2, 2012 - 1:52 PM ET #3

    Hilton 1/2 point card pays"

    5-teams: 22 for 1  (previously 25 for 1, down 12%)
    6-teams:  42 for 1  (previously 50 for 1, down 16%)
    7-teams:  80 for 1  (previously 100 for 1, down 20%)
    8-teams:  156 for 1 (previously 200 for 1, down 22%)
    9-teams:  400 for 1 (unchanged)
    10-teams: 800 for 1 (unchanged)

    Luckily I lost my cards (three 5-teamers and three 7-teamers) anyway so I can't complain about being shorted on the payout!

    I think William Hill retained to payouts from Lucky's.  They will be getting my action!
    Reply
    Hilton 1/2 point card pays"

    5-teams: 22 for 1  (previously 25 for 1, down 12%)
    6-teams:  42 for 1  (previously 50 for 1, down 16%)
    7-teams:  80 for 1  (previously 100 for 1, down 20%)
    8-teams:  156 for 1 (previously 200 for 1, down 22%)
    9-teams:  400 for 1 (unchanged)
    10-teams: 800 for 1 (unchanged)

    Luckily I lost my cards (three 5-teamers and three 7-teamers) anyway so I can't complain about being shorted on the payout!

    I think William Hill retained to payouts from Lucky's.  They will be getting my action!
     
    wizardofroz
    wizardofroz
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    Joined: Oct, 2004
    Posts: 6768
    Posted: Sep. 3, 2012 - 10:09 AM ET #4

     Always shop around when dealing with sportsbooks.  The reason places like the Hilton do this is because most suckers that play parlays and are not going to question the payout.


    Reply
     Always shop around when dealing with sportsbooks.  The reason places like the Hilton do this is because most suckers that play parlays and are not going to question the payout.


     
    spottie2935
    spottie2935
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    Posts: 23161
    Posted: Sep. 3, 2012 - 2:03 PM ET #5

    Spottie2935 on socials
    Reply
     
    chef702
    chef702
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    Joined: Aug, 2007
    Posts: 1891
    Posted: Sep. 3, 2012 - 6:39 PM ET #6

    Sucker shit is if you play the card a push 1 game it is a loss.  If you ask for a parlay off the board and tie it will turn your 7 teamer to a 6 teamer.  Cards are never the way to go, read the fine print.
    Reply
    Sucker shit is if you play the card a push 1 game it is a loss.  If you ask for a parlay off the board and tie it will turn your 7 teamer to a 6 teamer.  Cards are never the way to go, read the fine print.
     
    MyBookieWentBrk
    MyBookieWentBrk
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    Posts: 4
    Posted: Sep. 4, 2012 - 6:03 PM ET #7

    I just saw this post from jjgold, the founder of SBR:

    "Nevada Casinos won $44.2 million (3.3% hold) in the football category, which includes both college and pro, according to Nevada Gaming Control Board statewide numbers released last week. Meanwhile, pro and college basketball brought in $48.8 million (6.6%) combined to the bottom line showing just how important these next two months are to the sports books. 
    Granted, parlay cards generated $17.6 million in win for a whopping 28% hold -- the majority of play of which comes during football season, and football also wrote more action on the year."

    28%!!! and they want more?  In other words, there was $1.34 billion bet on football.  Only $62.9 million of it was bet on parlay cards.  So parlay cards are 4.7% of their total football action but 40% of their total profit.  And they are still lowering their payouts.  What a bunch of scumbags.
    Reply
    I just saw this post from jjgold, the founder of SBR:

    "Nevada Casinos won $44.2 million (3.3% hold) in the football category, which includes both college and pro, according to Nevada Gaming Control Board statewide numbers released last week. Meanwhile, pro and college basketball brought in $48.8 million (6.6%) combined to the bottom line showing just how important these next two months are to the sports books. 
    Granted, parlay cards generated $17.6 million in win for a whopping 28% hold -- the majority of play of which comes during football season, and football also wrote more action on the year."

    28%!!! and they want more?  In other words, there was $1.34 billion bet on football.  Only $62.9 million of it was bet on parlay cards.  So parlay cards are 4.7% of their total football action but 40% of their total profit.  And they are still lowering their payouts.  What a bunch of scumbags.
     
     
    Buyingthehook
    Buyingthehook
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    Posts: 0
    Posted: Sep. 6, 2012 - 5:38 AM ET #8

    I just went to about 10 books just checking out the contests, over last week and cant believe how cheap or tight or whatever you want to call it what they are doing in regards to this. I used to like to bet parlay cards and many of my friends would too through me, but for convenience I wont be playing at most of these books anymore.  The Cantor books dont even have parlay cards.  They take parlays off the board, and they told me if I opened up an account, I could do it, but what does that mean?  Strange??? Yeah I dont get it.  It must be the corporate world of these cheap bastard casinos who dont see it right for a customer to have fun and win alittle here and there once in a while
    Reply
    I just went to about 10 books just checking out the contests, over last week and cant believe how cheap or tight or whatever you want to call it what they are doing in regards to this. I used to like to bet parlay cards and many of my friends would too through me, but for convenience I wont be playing at most of these books anymore.  The Cantor books dont even have parlay cards.  They take parlays off the board, and they told me if I opened up an account, I could do it, but what does that mean?  Strange??? Yeah I dont get it.  It must be the corporate world of these cheap bastard casinos who dont see it right for a customer to have fun and win alittle here and there once in a while
    All Forums | Gaming Industry - US

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