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    All Forums | Gaming Industry - US

    What are PPH accounts with bookies......

    camicom
    eliminat0r85
    Edison5354
    jv040
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    camicom
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    Posted: Jul. 24, 2011 - 11:18 PM ET #1

    Have been wagering all of my adult life with local bookies, or online. I have never heard of PPH. I went to realpriceperhead.com and, if I am right, they act as some sort of escrow between bookies and gamblers....maybe I am wrong. Please explain. Thanks in advance.

    Dave
    Reply
    To remove first post, remove entire topic.
    Have been wagering all of my adult life with local bookies, or online. I have never heard of PPH. I went to realpriceperhead.com and, if I am right, they act as some sort of escrow between bookies and gamblers....maybe I am wrong. Please explain. Thanks in advance.

    Dave
     
    eliminat0r85
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    Posted: Jul. 24, 2011 - 11:45 PM ET #2

    PPH its basically an on-line presence for books they basically do no work they just monitor money and when they have to send someone out to collect or send someone out to pay. With the on-line books getting less and less popular more and more locals are gonna roll with them as they get busier and busier. Not everyone wants to keep doing pencil and paper.
    Reply
    PPH its basically an on-line presence for books they basically do no work they just monitor money and when they have to send someone out to collect or send someone out to pay. With the on-line books getting less and less popular more and more locals are gonna roll with them as they get busier and busier. Not everyone wants to keep doing pencil and paper.
     
    eliminat0r85
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    Posted: Jul. 24, 2011 - 11:46 PM ET #3

    Very important though it still works on credit, there in no initial deposit to wager, so if you can't control yourself, you're still gonna get f*cked up.
    Reply
    Very important though it still works on credit, there in no initial deposit to wager, so if you can't control yourself, you're still gonna get f*cked up.
     
    camicom
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    Posted: Jul. 24, 2011 - 11:48 PM ET #4

    So if you have a local that has this service, do you pay through online and wager online, or is it essentially just a tool for the book to keep track of everything.
    Reply
    So if you have a local that has this service, do you pay through online and wager online, or is it essentially just a tool for the book to keep track of everything.
     
    eliminat0r85
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    Posted: Jul. 24, 2011 - 11:52 PM ET #5

    Wager online and it's a tool for them to keep track of everything. It's basically an online book just no money invloved on the online side.

    In most cases you can bet on whatever you want whenever you want, bookies can still set limits etc. With more and more PPH services popping up the services are becoming more competitive and the lines are getting slightly better but still expect to pay at least 10 to 20 cents more then you do now.
    Reply
    Wager online and it's a tool for them to keep track of everything. It's basically an online book just no money invloved on the online side.

    In most cases you can bet on whatever you want whenever you want, bookies can still set limits etc. With more and more PPH services popping up the services are becoming more competitive and the lines are getting slightly better but still expect to pay at least 10 to 20 cents more then you do now.
     
    camicom
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    Posted: Jul. 24, 2011 - 11:56 PM ET #6

    Is there a matchmaker forum for this?? Thanks for all the info, have a nice evening.
    Reply
    Is there a matchmaker forum for this?? Thanks for all the info, have a nice evening.
     
    Edison5354
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    Posted: Jul. 25, 2011 - 12:01 AM ET #7

    Quote Originally Posted by eliminat0r85:

    Very important though it still works on credit, there in no initial deposit to wager, so if you can't control yourself, you're still gonna get f*cked up.


    Local bookies with PPH sites can work on credit and post up.  A lot of locals requires new customers to post a deposit to wager.  It's just like going to a casino, buy chips first before they play.


    Reply
    Quote Originally Posted by eliminat0r85:

    Very important though it still works on credit, there in no initial deposit to wager, so if you can't control yourself, you're still gonna get f*cked up.


    Local bookies with PPH sites can work on credit and post up.  A lot of locals requires new customers to post a deposit to wager.  It's just like going to a casino, buy chips first before they play.


     
    eliminat0r85
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    Posted: Jul. 25, 2011 - 12:07 AM ET #8

    Good to know post up is becoming more popular. I'm all on credit out here, of course my limit is nowhere near high enough to get my in trouble. Could get one but won't.
    Reply
    Good to know post up is becoming more popular. I'm all on credit out here, of course my limit is nowhere near high enough to get my in trouble. Could get one but won't.
     
    Edison5354
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    Posted: Jul. 25, 2011 - 12:24 AM ET #9

    Quote Originally Posted by eliminat0r85:

    Good to know post up is becoming more popular. I'm all on credit out here, of course my limit is nowhere near high enough to get my in trouble. Could get one but won't.


    Real bookies will know not to give too much credit to any customers unless they provide proof of their income.  My local bookie said for all his high roller customers that have a weekly credit limit of $10,000, he'll require copies of their paychecks.  If they own business, he'll want to see their profit/loss sheet.  Also he'll require their tax report and bank statements.  This will determine how much a person is capable of losing and it works well for him.

    Seriously though, anyone that request a weekly credit limit of more than $10,000 is NOT realistic.  Not everyone can lose $10,000 consistently for a month.  That's $40,000 1 month.


    Reply
    Quote Originally Posted by eliminat0r85:

    Good to know post up is becoming more popular. I'm all on credit out here, of course my limit is nowhere near high enough to get my in trouble. Could get one but won't.


    Real bookies will know not to give too much credit to any customers unless they provide proof of their income.  My local bookie said for all his high roller customers that have a weekly credit limit of $10,000, he'll require copies of their paychecks.  If they own business, he'll want to see their profit/loss sheet.  Also he'll require their tax report and bank statements.  This will determine how much a person is capable of losing and it works well for him.

    Seriously though, anyone that request a weekly credit limit of more than $10,000 is NOT realistic.  Not everyone can lose $10,000 consistently for a month.  That's $40,000 1 month.


     
    eliminat0r85
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    Posted: Jul. 25, 2011 - 1:14 AM ET #10

    Quote Originally Posted by Edison5354:



    Real bookies will know not to give too much credit to any customers unless they provide proof of their income.  My local bookie said for all his high roller customers that have a weekly credit limit of $10,000, he'll require copies of their paychecks.  If they own business, he'll want to see their profit/loss sheet.  Also he'll require their tax report and bank statements.  This will determine how much a person is capable of losing and it works well for him.

    Seriously though, anyone that request a weekly credit limit of more than $10,000 is NOT realistic.  Not everyone can lose $10,000 consistently for a month.  That's $40,000 1 month.




    Yea you gotta do your homework it may be a business built on honesty and respect but a certain amount of homework is required to keep the business as clean as possible. Copy of paycheck is normal for even low limits, they wanna know how much you can realistically afford to lose as the last thing they wanna do is have to hunt you down and make you pay up in a timely fashion.

    10k isn't that un-realistic though for say football season its just for your high roller who bets dimes on football. 5 games college and 5 for nfl, sometimes more, thats your exposure for the week. Its unrealistic to think a guy wagering dimes will go 0-10. It could happen but chances are slim. If he does go 0-10 regularly he probably gets a kickback and his bookie is like this all football season.
    Reply
    Quote Originally Posted by Edison5354:



    Real bookies will know not to give too much credit to any customers unless they provide proof of their income.  My local bookie said for all his high roller customers that have a weekly credit limit of $10,000, he'll require copies of their paychecks.  If they own business, he'll want to see their profit/loss sheet.  Also he'll require their tax report and bank statements.  This will determine how much a person is capable of losing and it works well for him.

    Seriously though, anyone that request a weekly credit limit of more than $10,000 is NOT realistic.  Not everyone can lose $10,000 consistently for a month.  That's $40,000 1 month.




    Yea you gotta do your homework it may be a business built on honesty and respect but a certain amount of homework is required to keep the business as clean as possible. Copy of paycheck is normal for even low limits, they wanna know how much you can realistically afford to lose as the last thing they wanna do is have to hunt you down and make you pay up in a timely fashion.

    10k isn't that un-realistic though for say football season its just for your high roller who bets dimes on football. 5 games college and 5 for nfl, sometimes more, thats your exposure for the week. Its unrealistic to think a guy wagering dimes will go 0-10. It could happen but chances are slim. If he does go 0-10 regularly he probably gets a kickback and his bookie is like this all football season.
     
    Edison5354
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    Posted: Jul. 25, 2011 - 1:30 AM ET #11

    Quote Originally Posted by eliminat0r85:



    Yea you gotta do your homework it may be a business built on honesty and respect but a certain amount of homework is required to keep the business as clean as possible. Copy of paycheck is normal for even low limits, they wanna know how much you can realistically afford to lose as the last thing they wanna do is have to hunt you down and make you pay up in a timely fashion.

    10k isn't that un-realistic though for say football season its just for your high roller who bets dimes on football. 5 games college and 5 for nfl, sometimes more, thats your exposure for the week. Its unrealistic to think a guy wagering dimes will go 0-10. It could happen but chances are slim. If he does go 0-10 regularly he probably gets a kickback and his bookie is like this all football season.


    You're right that the very last thing a bookie wants to do is send enforcers to a stiff's work and home and harass them several times a week.  Copy of paychecks of every customers a bookie has is very normal.  A real bookie will definitely want physical proof of how much each customer can realistically afford to lose.  If a player refuses to give up copies of their paycheck, then obviously that player is a shot taking stiff.

    My bookies doesn't just give $10,000 weekly credit limit to just anyone.  They better be making a lot of money and have a very impressive bank statement for my bookie to give them that much a week.  Going 0-10 in a week is definitely possible.  Chances are definitely more than just slim.  I've seen guys that lost every single game they wagered on, not kidding.

     
    Reply
    Quote Originally Posted by eliminat0r85:



    Yea you gotta do your homework it may be a business built on honesty and respect but a certain amount of homework is required to keep the business as clean as possible. Copy of paycheck is normal for even low limits, they wanna know how much you can realistically afford to lose as the last thing they wanna do is have to hunt you down and make you pay up in a timely fashion.

    10k isn't that un-realistic though for say football season its just for your high roller who bets dimes on football. 5 games college and 5 for nfl, sometimes more, thats your exposure for the week. Its unrealistic to think a guy wagering dimes will go 0-10. It could happen but chances are slim. If he does go 0-10 regularly he probably gets a kickback and his bookie is like this all football season.


    You're right that the very last thing a bookie wants to do is send enforcers to a stiff's work and home and harass them several times a week.  Copy of paychecks of every customers a bookie has is very normal.  A real bookie will definitely want physical proof of how much each customer can realistically afford to lose.  If a player refuses to give up copies of their paycheck, then obviously that player is a shot taking stiff.

    My bookies doesn't just give $10,000 weekly credit limit to just anyone.  They better be making a lot of money and have a very impressive bank statement for my bookie to give them that much a week.  Going 0-10 in a week is definitely possible.  Chances are definitely more than just slim.  I've seen guys that lost every single game they wagered on, not kidding.

     
     
    eliminat0r85
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    Posted: Jul. 25, 2011 - 1:37 AM ET #12

    Yea theres always a few guys who lose all the time so you have to expect you may have to collect 40 grand from someone in a month, so you better make sure they damn well can pay if in fact they are that bad.
    Reply
    Yea theres always a few guys who lose all the time so you have to expect you may have to collect 40 grand from someone in a month, so you better make sure they damn well can pay if in fact they are that bad.
     
    jv040
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    Posted: Jul. 25, 2011 - 7:30 AM ET #13

    would credit wagering be considerd a pph site?  I see they have new owners and reopening in augest with new policys. just like a lot of other stiffs I owe them money. I never pick up the phone when they call. it's just asking for trouble. wich by the way isn't very often I think they all about given up on collecting thier debts from people.

    Reply

    would credit wagering be considerd a pph site?  I see they have new owners and reopening in augest with new policys. just like a lot of other stiffs I owe them money. I never pick up the phone when they call. it's just asking for trouble. wich by the way isn't very often I think they all about given up on collecting thier debts from people.

     
    Edison5354
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    Posted: Jul. 25, 2011 - 3:34 PM ET #14

    Quote Originally Posted by jv040:

    would credit wagering be considerd a pph site?  I see they have new owners and reopening in augest with new policys. just like a lot of other stiffs I owe them money. I never pick up the phone when they call. it's just asking for trouble. wich by the way isn't very often I think they all about given up on collecting thier debts from people.



    Credit Wagering is a fricking joke.  And no, they're nothing like a PPH site.  Shot taking stiffs owe them money, they owe the winners money.  It's a waste of time.

    You're lucky you didn't stiff a local bookie in your area.  Hahaha.  If you did, I wouldn't be surprised if you have a missing finger.
    Reply
    Quote Originally Posted by jv040:

    would credit wagering be considerd a pph site?  I see they have new owners and reopening in augest with new policys. just like a lot of other stiffs I owe them money. I never pick up the phone when they call. it's just asking for trouble. wich by the way isn't very often I think they all about given up on collecting thier debts from people.



    Credit Wagering is a fricking joke.  And no, they're nothing like a PPH site.  Shot taking stiffs owe them money, they owe the winners money.  It's a waste of time.

    You're lucky you didn't stiff a local bookie in your area.  Hahaha.  If you did, I wouldn't be surprised if you have a missing finger.
     
     
    wedding
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    Posted: Jul. 25, 2011 - 3:59 PM ET #15

    where can i find a local in va
    Reply
    where can i find a local in va
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    • Bags Tuesday LARGE **Michigan State vs Duke** 2,431
    • Trump's legacy? 37,171
    • Florida Man Tuesday 4,418
    • PART DEUX 88

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