No Negative Carryover Sportsbook?

[adioking]

Anybody know of one?

[PokerProp]

Never heard of such a thing. if there is one, It would likely be with a company that cuts corners somewhere else.

[NdeJonge]

10bet.com offers a plan where you get a very small percentage all players bets. Something like 0.04% of all bets made by your players. Therefore you will make a constant positive commission, but it may be less than you would make if you took the 30% or whatever of the gross.
Good for sites that deal with a lot of experience bettors, who win consistently.

[adioking]

I have a guy in Las Vegas who wants to move his betting from the casino to an online room. He is extremely experienced and makes over $250k in bets per month. I just don't want him to take the casino big and run with the dough leaving me stuck at that sportsbook.

[NdeJonge]

Then yea, I'd check out 10bet.com. It's actually 0.4% of total turnover and you still make money if your guy wins.

[PokerProp]

It takes some networking to do, but setting him up with an agent might be the most profitable.

He'd be able to bet online at a big site who would manage his account on credit and would collect from and be responsible to settle with an agent.

The benefit to him is obviously no post up. The benefit to you is that if he's a winning sports bettor he's still profitable to the agent because the way the agent is paid is:

One guy bets $10,000 on Team A
50 other peoples bets = $15000 on Team B

If there all at -110 this big bettor loses, they collect $11,000 from him and pay out only $4K to the others. For the opposite they collect $16.5 from the other accounts and pay him $10K.

As you can see winning bettors are still profitable and offset risk.

The problem now is that its no longer as easy as it was before for an American to get in with a good agent because these guys are very careful now and would prefer to take on no new clients then to take any risks. If the guys clean though, you can mention in a few high stakes games or when hanging around in a sportsbook that you have a friend whose betting a lot per game and complains about the sportsbook limits, or how the comps suck now.. something to drop hints and after a while someone will give you their card.

A typical referral fee for a big winning bettor would be around .05% of the guys losses with no deductions for his wins. Even a great bettor looses 42% of their games. So $250K x 0.42 = $10,500 x .05 = $525 per month. This would be rate on a complete sharp. Most people are not winners, even big bettors and even so most winners don't win at 58%.

If he's a winner this would be the option to seek, but most are not winners. I'd personally no matter how skilled someone claimed to be put them on an affiliate account with moderate volume (would not risk one thats earning a ton) and if he wipes it out, just open a new affiliate account - which most sportsbooks will allow.

_____

Disclaimer: This post is for information purposes only, and is likely illegal in most places including the United States. I am not advocating anyone commiting a crime, please check with your own attorney.

Blah.. have to include all that and sorry no PMs on the topic. I have a couple felonies already from days as working for big bookies when the offshore industry was first getting started, and am not going to jail for anyone no matter who they are.. so no PMs please.

[1pokerbonus.com]

Originally Posted by NdeJonge

10bet.com offers a plan where you get a very small percentage all players bets. Something like 0.04% of all bets made by your players. Therefore you will make a constant positive commission, but it may be less than you would make if you took the 30% or whatever of the gross.
Good for sites that deal with a lot of experience bettors, who win consistently.

I would recommend affiliates to stay far away from 10bet.com... I have been struggling to get payouts from them in over a year..Every time there is some cash in my aff-account there and I demand a payout they come back and say they can not pay because of some rediculors terms...For exsample I some months ago had around €200 in my aff-account and wanted to get pay out. They respond back that I needed 5 active users in the previus payment period, and according to the stats I had only 3.
This means that if you have for exsample only have 3 active players giving you a €10.000 revenue you can not get paid for the previous quarter (yes they only pay pr. quater!)...but if you have 5 active players giving you €100 revenue you can get paid!.

Also the stats section at 10bet is very poor and hard to understand. 1 months ago I had around €150 in my aff-account and demaned a payout, I actully had over 5 active players there for last payment period...Then a week or two when by, and the month turn in to November, and suddenly my account is zero, because some of my players won...Now the aff-department suddenly have time to answer me and says I cant get paid as the account is in zero. This situation has happened 3-4 times for me at 10bet.

When I update my sites I remove 10bet links, info etc. now because this is not a seriuos aff-program.

I would advise any webmaster to stay away from them

[Stephen]

Hey Adioking

I Pm'd you directly, but although our terms include no negative carry over, we can change this specifically if/when required... Obviously we'd need the full story.

BR, Stephen

[boogster]

centrebet has been promoting no negative carryover for their sportsbook lately. You might want to check them out.

[diverf1]

partybets and gamebookers, bwin