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Old 12-01-2006, 06:04 AM   #1 (permalink)
jjgold
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Default How Do You Become A Bookie?

Where do you start? I have held guys bets but that is about it. How do you get customers? How many guys do you hire? Who's lines do you use? Do you pull fliers out at bars? Do you use an 800 number? Do you use CR call centers to handle everything?

Asking for a freind of mine
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Old 12-01-2006, 07:40 AM   #2 (permalink)
SquareShooter
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If you ask me then its easier and safer to start exchange type bookie.

And even with that you need a risk capital of ~$1m...

Get lines from BetRadar, you can see whole market there.
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Old 12-01-2006, 07:43 AM   #3 (permalink)
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Quote:
Originally Posted by jjgold
Where do you start? I have held guys bets but that is about it. How do you get customers? How many guys do you hire? Who's lines do you use? Do you pull fliers out at bars? Do you use an 800 number? Do you use CR call centers to handle everything?

Asking for a freind of mine
You might want to check out Book On Bookies: An Inside Look At A Successful Sports Gambling Operation by James Jeffries.
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Old 12-01-2006, 01:11 PM   #4 (permalink)
Yoshi
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I would use CRIS lines (and bring them out early too), offer something like -108 instead of bonuses, make sure my Website is fast and reliable...and have enough cash i dont need to survive of course
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Old 12-01-2006, 01:34 PM   #5 (permalink)
EBone
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This is what I always wanted to do but I've been out of the game so long that it would take too much work to build a clientele that was "square".

Quote Pinnacle lines at the standard 10% juice. Just be a broker. Believe it or not: there are still people out there that still pay 10% vig to their local. When I was into it pretty deep, some people were paying 20% vig on totals. Unbelievable!!!!

If I could find a clientele that was still willing to pay 10% vig on sides and 20% vig on totals, I'd quote Pinnacle lines to them and just make the vig. The other part is making sure that you have guys that will pay. That's the real tricky part.



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Old 12-01-2006, 02:55 PM   #6 (permalink)
Tchocky
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I think The Learning Annex offers a one day course. I would check their website.
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Old 12-02-2006, 12:26 AM   #7 (permalink)
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you should hang around a sports bar to build your client list...
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