pacomartin
pacomartin
Joined: Jan 14, 2010
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April 14th, 2011 at 7:57:34 PM permalink
British bookmaker to buy two Nevada sports betting companies
William Hill Plc, a bookmaker based in the United Kingdom, will spend about $39 million to acquire two Nevada-based sports betting companies, American Wagering Inc. and Club Cal Neva Satellite Race and Sports Book Division.

The article goes on to say that the Nevada sports book market generated a handle of $2.5 billion in 2010.

The data from the gaming commission says that 193 locations made $151 million with a win percent of 5.47%, which seems like it would be a handle of $2.76 billion. I am not sure how to explain the difference.

I assume that with the new applications for the I-Pod that the sports betting in Nevada has good prospects.
FleaStiff
FleaStiff
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April 15th, 2011 at 1:17:34 AM permalink
Quote: pacomartin

I assume that with the new applications for the I-Pod that the sports betting in Nevada has good prospects.

Makes me wonder why a sale now when there is so much recent news about electronic devices and live action gambling during sporting events. Great boom coming... so sell out now?
JimMorrison
JimMorrison
Joined: Oct 19, 2009
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April 20th, 2011 at 8:18:22 PM permalink
Hope WillHill has problems getting approved by Gaming. They're a sleazy operation and I don't trust them at all.
EvenBob: "Look America, I have a tiny wee-wee, can anybody help me?"
FleaStiff
FleaStiff
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April 20th, 2011 at 11:42:37 PM permalink
They don't pay off?
WizardofEngland
WizardofEngland
Joined: Nov 2, 2010
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April 21st, 2011 at 12:05:18 AM permalink
Quote: JimMorrison

Hope WillHill has problems getting approved by Gaming. They're a sleazy operation and I don't trust them at all.



Never had an issue, they are one of the most trusted bookmakers in this country. I dare say one of the top three in the UK.
http://wizardofvegas.com/forum/off-topic/general/10042-woes-black-sheep-game-ii/#post151727
JimMorrison
JimMorrison
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April 21st, 2011 at 1:44:33 AM permalink
Quote: WizardofEngland

Never had an issue, they are one of the most trusted bookmakers in this country. I dare say one of the top three in the UK.



Their online casino and book is very shady. Lots of instances of non-pays or making online players snail mail docs to UK etc. They're rogue in my opinion.
EvenBob: "Look America, I have a tiny wee-wee, can anybody help me?"
FleaStiff
FleaStiff
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April 21st, 2011 at 3:32:06 AM permalink
Quote: JimMorrison

... or making online players snail mail docs to UK etc.

If there is no need to snail mail a document in order to make a deposit then there is no need to snail mail a document in order to make a withdrawal.

> They're rogue in my opinion.
Would you say Blacklist or Graylist?
JimMorrison
JimMorrison
Joined: Oct 19, 2009
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April 21st, 2011 at 3:48:25 AM permalink
Quote: FleaStiff

If there is no need to snail mail a document in order to make a deposit then there is no need to snail mail a document in order to make a withdrawal.

> They're rogue in my opinion.
Would you say Blacklist or Graylist?



That is my argument totally, if you accept my deposit without docs then it's a bunch of bullshit to insist on docs for the cashout. And if you are going to insist on docs etc at least don't say it's for the players security. LOL yeah right.

I'd say graylist since they will pay people, just after a threshold they will make it almost impossible to collect. I know Casinomeister has had problems with them in the past and Gambling Grumbles also.
EvenBob: "Look America, I have a tiny wee-wee, can anybody help me?"
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
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April 21st, 2011 at 5:24:51 AM permalink
Quote: FleaStiff

Makes me wonder why a sale now when there is so much recent news about electronic devices and live action gambling during sporting events. Great boom coming... so sell out now?

Apparently, the buyer and seller have differing opinions about the likelihood that those things will come to fruition.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
rdw4potus
rdw4potus
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April 21st, 2011 at 6:16:04 AM permalink
Quote: pacomartin


The article goes on to say that the Nevada sports book market generated a handle of $2.5 billion in 2010.

The data from the gaming commission says that 193 locations made $151 million with a win percent of 5.47%, which seems like it would be a handle of $2.76 billion. I am not sure how to explain the difference.



Maybe pushes or unresolved bets count against the win % without counting against the handle?
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett

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