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  1. 01-26-07 05:00 PM #1
    Dark Horse
    Deus Ex Machina
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    Default Books paying interest to players

    I recently found out that betguardian pays players a 10% annual interest over their (daily) balance. That seems not only a good idea, but a fair practice. Think about it. If a book charges you full juice, why should they also earn interest over your money?! That interest belongs to you.

    Anyone know of other books that offer this option?

    And should players make a point of this towards the industry as a whole? When you add it all up, we're talking about a huge amount of money.
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  2. 01-26-07 06:35 PM #2
    Dark Horse
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    OK. I get it.

    Anybody interested in 'Will gamble for money" caps, shirts, and other civil disobedience wear?
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  3. 01-26-07 08:41 PM #3
    El Helado Patata
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    I veeeery much doubt that you get 10% annualy without any caveats at any company at all considering that you can borrow cash for 3% and get a profit of 7%
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  4. 01-26-07 09:30 PM #4
    durito
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    Quote Originally Posted by El Helado Patata
    I veeeery much doubt that you get 10% annualy without any caveats at any company at all considering that you can borrow cash for 3% and get a profit of 7%
    Where can you borrow cash for 3%?? I'd like to borrow as much as possible.
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  5. 01-26-07 09:52 PM #5
    El Helado Patata
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    Quote Originally Posted by durito
    Where can you borrow cash for 3%?? I'd like to borrow as much as possible.
    Houseloans in sweden are around that.

    How much are the interest on the best loans in your country?
    Last edited by El Helado Patata; 01-27-07 at 01:37 AM.
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  6. 01-26-07 11:58 PM #6
    pags11
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    neteller should be paying us interest!...
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  7. 01-27-07 02:35 AM #7
    knicknut
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    Why pay you interest when they can not pay you interest?
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  8. 01-28-07 12:06 AM #8
    El Helado Patata
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    Quote Originally Posted by knicknut
    Why pay you interest when they can not pay you interest?
    Care to clarify this?
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  9. 01-28-07 12:09 AM #9
    rolemand
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    Quote Originally Posted by El Helado Patata
    Care to clarify this?
    It's just an incentive to play and keep a larger balance in your account. It would "discourage" withdrawals and encourage betting.
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  10. 01-28-07 12:21 AM #10
    homedog
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    Quote Originally Posted by El Helado Patata
    Care to clarify this?
    Seemed pretty clear to me.
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  11. 01-28-07 12:30 AM #11
    El Helado Patata
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    Quote Originally Posted by homedog
    Seemed pretty clear to me.
    Why could they not pay interest if they wanted to?
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  12. 01-28-07 01:16 AM #12
    knicknut
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    Helado - they have 2 options.

    A) They can pay you interest on your account and you can keep your money there.
    B) They can NOT pay you interest on your account and you can keep your money there.

    All else equal, what would you choose, as a book? Very few customers will choose to keep a huge balance in a book and gamble more there because it pays interest. They're not getting return on that investment.
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