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  1. #1

    Default If you had to trust one book with your life savings which one would it be?

    Hypothetically speaking which book would you most trust to hold your life savings? Disregarding lines and comps and based on security of getting paid back?


    I'm thinking maybe one of the older books like ladbrokes,

    though i feel pretty safe at wsex also.
    Last edited by scottyy11; 09-20-06 at 02:19 PM.

  2. #2

  3. #3

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    Pinnacle - because you can get a bigger chunk out at one time if you need it and you'll get it quickly

  4. #4

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    danskespil.dk (formerly tips.dk)

    For a "normal" book I would choose Mansion

    SBR Founder Join Date: 8/10/2005


  5. #5

  6. #6

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    BetOnSports

    SBR Founder Join Date: 10/9/2005


  7. #7

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    Pinnacle (Bowmans right up there as well).....

    SBR Founder Join Date: 9/21/2005


  8. #8

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    pinnacle by far...

    SBR Founder Join Date: 8/18/2005


  9. #9

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    umm yeah...iam gonna add another Pinny rules. I would have no problem at all to keep a million there. I also trust the Greek a lot.

  10. #10

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    A contract is only as good as the parties involved. In other words how good is the man's WORD?

    I would take Oly over any.

    SBR Founder Join Date: 10/30/2005


  11. #11

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    Bowmans

    SBR Founder Join Date: 7/20/2005


  12. #12

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    All books are safe if they are doing well. I would not trust anyone with any large amount. When the shit hits the fan , the players are ******. We have seen it in the past and we will keep seeing it. So be careful out there.

  13. #13

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    pinny but i,m wondering if neteller counts and how safe neteller is compared to pinny

    SBR Founder Join Date: 9/9/2005


  14. #14

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    Mansion

    Shirt sponsor Spurs (PL), and can afford to give away $5 million. That's some deep pockets and real world stability.

    I know they're not the best book, but that has nothing to do with the question.

    SBR Founder Join Date: 12/14/2005


  15. #15

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    My understanding is Australia is the only country with strict regulation of sportsbooks where you know you’re safe, even if your books goes under. So I’d take Canbet or some Australian book.

    Next would probably be certain British or European books that have been around since roughly the Dawn of Man. Unfortunately most of them don’t take Americans and I just don’t know enough about them to pick a specific one that would be safest.

    If we’re talking just about the Caribbean and Latin American books we mostly deal with in these forums—i.e., American bookies that have set up offshore since it’s illegal to operate in the United States itself—I’d probably go with WSEX, with honorable mention to the Greek and maybe a small number of others.

    SBR Founder Join Date: 12/10/2005


  16. #16

  17. #17

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    Academically speaking, i would never trust a book with 'my life savings'.

    SBR Founder Join Date: 11/10/2005


  18. #18

  19. #19

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    Tolkein Trilogy.

    SBR Founder Join Date: 8/31/2005


  20. #20

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    I'll be like everyone else here and say pinny.

    SBR Founder Join Date: 8/10/2005


  21. #21

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    Pinnacle!, Mansion close second.

    IS

    SBR Founder Join Date: 9/23/2005


  22. #22

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    My kneejerk reaction, coming from personal experience is Pinnacle. But, I respect what others have said and their reasons given. It's an odd question. Why am I putting my life savings into a sportsbook?

    SBR Founder Join Date: 10/6/2005


  23. #23

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    pinnacle, no doubts.

    SBR Founder Join Date: 9/16/2005


  24. #24

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    wsex or bowmans

    SBR Founder Join Date: 9/14/2005


  25. #25

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    1 thru 4 on th SBR Recommended List.
    Pinnacle - Doesn't need an explanation
    CRIS - Ron and Micky are honest (their jokes could use some help)
    VIP - Alistair, the one guy I would trust with my life savings and never think twice. (course Big Al is rumored to still have his 4th grade lunch money and another $60 mil to go with it) There is not a more honest guy in the industry.
    TheGreek - Proven guy and a BM known for hoarding cash.
    1250pts

    SBR POKER TOURNEY1st Place 3/31/2012

    CHARITY DONOR
    12/01/2011 $475 donation

    SBR Founder Join Date: 7/12/2005

    855pts

    SBR POKER TOURNEY1st Place 5/12/2012


  26. #26

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    Labrokes, WillHill, and 365 probably not bad places.

    BAUS

    SBR Founder Join Date: 8/10/2005


  27. #27

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    The UK places that are highly regulated would have to consider. Places I actually play . . . when I think about actually have a balance that big I would likely go with Pinnacle. But really any book would be dangerous. With Pinnacle if someone got your user/pw. They could bet all my money on an NFL weekend with their limits, shit, they could do it on a mlb day.

    SBR Founder Join Date: 8/10/2005


  28. #28

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    Quote Originally Posted by TLD
    My understanding is Australia is the only country with strict regulation of sportsbooks where you know you’re safe, even if your books goes under. So I’d take Canbet or some Australian book.

    .
    Canbet is no longer an Australian book. I agree Australia is the safest country and I am very suspicious of some books reasons for relocating.

  29. #29

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    Guys its not just about jurisdiction or publicly traded vs private.

    At the end of the day its PEOPLE that you put your trust into. BoS was publicly traded and David Carruthers was blah blah whatever. But he wasn't more honest than the owner of CRIS not by a country mile.
    1250pts

    SBR POKER TOURNEY1st Place 3/31/2012

    CHARITY DONOR
    12/01/2011 $475 donation

    SBR Founder Join Date: 7/12/2005

    855pts

    SBR POKER TOURNEY1st Place 5/12/2012


  30. #30

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    Quote Originally Posted by SBR_John
    At the end of the day its PEOPLE that you put your trust into. BoS was publicly traded and David Carruthers was blah blah whatever. But he wasn't more honest than the owner of CRIS not by a country mile.
    Most of the posters on this forum dont know any of the people involved with the sportsbooks. We are therefore unable to put our trust in these people.
    We therefore turn to other factors. Levels of regulation are one of them. A publically quoted company is open to more scrutiny than others, consequently it is less likely to fail. This doesnt mean it wont .
    Australian reguation is by far the most stringent. Personally I cant recall a single Australian company failing to pay its customers. Tattersalls was forced to close a few years ago but everyone got paid promptly.

  31. #31

  32. #32

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    Quote Originally Posted by bigloser
    Canbet is no longer an Australian book. I agree Australia is the safest country and I am very suspicious of some books reasons for relocating.

    A few years ago Canbet left Australia, for the UK I believe. Since then they were acquired by the Australian outfit International All Sports and thus I thought returned to Australian regulations.

    SBR Founder Join Date: 12/10/2005


  33. #33

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    If I was a major player, in other words bet $10K a game, I would fly out and meet with the following books:
    Pinnacle
    Bowmans
    WSex

    From there, I would chose who to trust with my $250K bankroll. But with a bankroll of $5K, all three of those will do

  34. #34

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    Quote Originally Posted by TLD
    A few years ago Canbet left Australia, for the UK I believe. Since then they were acquired by the Australian outfit International All Sports and thus I thought returned to Australian regulations.
    From their website
    "Canbet is United Kingdom licensed"
    but is listed on Australian Stock Exchange. They are subject to UK gambling legislation.

  35. #35

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    Ah, but you’re quoting a bit selectively. Here’s that full paragraph from the website:

    Canbet is United Kingdom licensed and is wholly owned subsidiary of global Gaming and Wagering Company ‘International All Sports Limited’ (IAS). IAS is listed on the Australian Stock Exchange, is subject to independent audit, and is licensed in both the United Kingdom and Australia. Consequently Canbet offers a completely safe and secure environment for your deposits and winnings.

    But I still don’t know if that means your Canbet account has the level of safety of a UK book or an Australian book, which is important since Australia has much more stringent regulations. I take it you read it as meaning our Canbet accounts are still protected only by UK regulations. You may well be right.

    SBR Founder Join Date: 12/10/2005


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