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Old 11-06-09, 12:14 AM   #1
stats13
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Default Anyone interested in forming a syndicate?

Pool our points, get some free cash, and then make a run at it? I don't wanna break any SBR rules or anything. Discuss please.

Just tired of having enough points to buy 2 pizzas and nothing really fun coming out of it.
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Old 11-06-09, 12:15 AM   #2
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wait....u wanna do what?
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Old 11-06-09, 12:18 AM   #3
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Why not I'm up for it
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Old 11-06-09, 12:19 AM   #4
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no
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Old 11-06-09, 12:19 AM   #5
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Or we can pool our points and create a superbook.

no matter what we do, its gotta have some defined rules for profit sharing, and cashing out points. haha

seriously though i'd give my points to someone who ran things efficiently and cleanly
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Old 11-06-09, 12:20 AM   #6
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Quote:
Originally Posted by DacBietViet View Post
Why not I'm up for it
you got 6 ****ing points, i bet you are up for it
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Old 11-06-09, 12:20 AM   #7
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How exactly would we make that work? I am interested.
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Old 11-06-09, 12:22 AM   #8
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Very intriguinig!
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Old 11-06-09, 12:22 AM   #9
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Stars give me 300 points and I'll pay u back 400 tomorrow. I have a lock tomorr
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Old 11-06-09, 12:23 AM   #10
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Quote:
Originally Posted by stats13 View Post
you got 6 ****ing points, i bet you are up for it
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Old 11-06-09, 12:23 AM   #11
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Quote:
Originally Posted by Mikail View Post
How exactly would we make that work? I am interested.
what i envision is we collect points for say a 2 week period. keep a spreadsheet on how many points each person has contributed. then get as much sportsbook cash as we can for those points. each person gets a % of the cash. then we bet, go on a massive heater, and the shares multiply by like a ton and we all make bank.
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Old 11-06-09, 12:24 AM   #12
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Quote:
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Stars give me 300 points and I'll pay u back 400 tomorrow. I have a lock tomorr
Tell me about this "LOCK"
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Old 11-06-09, 12:24 AM   #13
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OR... we pool our points, give it to someone whos willing to operate the book, and dust all these fools running sportsbooks by having a high limit badass mofo book. whoever runs it will get a wage, but we all are partial owners. i kinda like this idea more
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Old 11-06-09, 12:26 AM   #14
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Quote:
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Tell me about this "LOCK"
pay first rule u have my word I will pay back
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Old 11-06-09, 12:28 AM   #15
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pay first rule u have my word I will pay back
Dac my friend. You always have a "LOCK" How about if it wins I pay.
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Old 11-06-09, 12:29 AM   #16
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im down to help out for a book here stats, shit, id even run it like MexicanStallion does
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Old 11-06-09, 12:30 AM   #17
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Quote:
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OR... we pool our points, give it to someone whos willing to operate the book, and dust all these fools running sportsbooks by having a high limit badass mofo book. whoever runs it will get a wage, but we all are partial owners. i kinda like this idea more
how about this... we each chip in to start the new book... get a big stash roll going... we each agree to pay our points each day to whoever operates the book, so our balances should always be zero as long as we are owners... so the operator gets a wage for running the book... but we are invested for whatever share we initially donated to the book. the book owner would have to keep accounting on what is his and what is the bankroll for the book.
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Old 11-06-09, 12:31 AM   #18
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I don't think so. Pay me half then we bet it and we win I promise
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Old 11-06-09, 12:31 AM   #19
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Quote:
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im down to help out for a book here stats, shit, id even run it like MexicanStallion does
ok... but one condition... you gotta run it BETTER than mexican stallion does. we are going to be the best book on the site. i'll pay you 6 points a day to make it happen.
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Old 11-06-09, 12:36 AM   #20
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Quote:
Originally Posted by stats13 View Post
how about this... we each chip in to start the new book... get a big stash roll going... we each agree to pay our points each day to whoever operates the book, so our balances should always be zero as long as we are owners... so the operator gets a wage for running the book... but we are invested for whatever share we initially donated to the book. the book owner would have to keep accounting on what is his and what is the bankroll for the book.
You gotta be careful even with a ton of points... mex has a ton yet he still imposes limits. You're talking about a high limit book you'll get cleaned out. Nickelodious and bodog had a high limit book and over 5000 points and they got cleaned out. Rich boy had a highlimit book and over 7000 points and got wiped out.

The only way for a book to survive is to have limited consistent payouts, and spread your risk.
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Old 11-06-09, 12:36 AM   #21
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I'm actually going to renege on the 6 point a day salary. 4 pt a day salary and 2 points go toward ownership growth. i think thats fair. if we get 20 owners, you'll make 80 points per day (roughly, assuming all 20 log in and post) minimum just for running the book.
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Old 11-06-09, 12:37 AM   #22
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Quote:
Originally Posted by shhhhh22 View Post

You gotta be careful even with a ton of points... mex has a ton yet he still imposes limits. You're talking about a high limit book you'll get cleaned out. Nickelodious and Bodog had a high limit book and over 5000 points and they got cleaned out. Rich boy had a highlimit book and over 7000 points and got wiped out.

The only way for a book to survive is to have limited consistent payouts, and spread your risk.
by high limit i mean up to maybe 200 or 300 points a play.
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Old 11-06-09, 12:42 AM   #23
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this is making me feel very entrepreneurial
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Old 11-06-09, 12:48 AM   #24
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I think the main bank needs to be super high to run a 300 pt bank.
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Old 11-06-09, 12:50 AM   #25
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Quote:
Originally Posted by BGboothA View Post
I think the main bank needs to be super high to run a 300 pt bank.
will need at least 30,000 points to allow 300 point bets

would ned 50+ owners....


100 point bets would be max
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Old 11-06-09, 12:52 AM   #26
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ok well 100 points then. as long as we offer a better service than the competition. mexicanstallion is at 60 points max, and bigdog only allows some 100 point plays.

so if we offered 100 max payouts on MOST games/events, I think we serve the market better than both.
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Old 11-06-09, 01:13 AM   #27
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Quote:
Originally Posted by stats13 View Post
ok well 100 points then. as long as we offer a better service than the competition. mexicanstallion is at 60 points max, and bigdog only allows some 100 point plays.

so if we offered 100 max payouts on MOST games/events, I think we serve the market better than both.
I agree, its possible, we would have to watch the current bets and adjust our own lines, that's what killed Nick and Bodog, they allowed the market to go too lopsided on some games.

Remember taking bets here is not going to reflect the public, we are our own community, when a couple of guys jump on a single play, the waterfall will come in with them.

For instance, once Zboiz announces a lock, the points will pour in against him, we would need to adjust our line, even if the 'sbrodds' line didn't move.

The safest bet would be not to use SBRodds but create and fluctuate our own lines.
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Old 11-06-09, 01:18 AM   #28
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The idea is great...but keeping a zero balance will turn investors away. I myself like to play a daily, weekly tournament every so often, and if we are always at a 0 balance, I'd get bored.
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Old 11-06-09, 01:24 AM   #29
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keep chatting up ideas guys, i might go to sleep for tonight, but i'll read up on your suggestions.

zero balance shouldnt be mandatory, but whoever "runs" the book should make a daily wage
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Old 11-06-09, 01:25 AM   #30
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I wish they'd allow us to buy and sell points.
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Old 11-06-09, 08:37 AM   #31
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Quote:
Originally Posted by stats13 View Post
OR... we pool our points, give it to someone whos willing to operate the book, and dust all these fools running sportsbooks by having a high limit badass mofo book. whoever runs it will get a wage, but we all are partial owners. i kinda like this idea more
thats a good idea pm if you need an extra partner, i like the hustle my man
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Old 11-06-09, 08:41 AM   #32
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should be a chalk limit or the book would probably get crushed... -200 imo
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Old 11-06-09, 08:41 AM   #33
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and what about when SBR sportsbook opens up, if it ever opens up.
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Old 11-06-09, 08:45 AM   #34
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i just need 1 point from all sbr memberlol anyone ???
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Old 11-06-09, 08:51 AM   #35
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Quote:
Originally Posted by shhhhh22 View Post
You gotta be careful even with a ton of points... mex has a ton yet he still imposes limits. You're talking about a high limit book you'll get cleaned out. Nickelodious and bodog had a high limit book and over 5000 points and they got cleaned out. Rich boy had a highlimit book and over 7000 points and got wiped out.

The only way for a book to survive is to have limited consistent payouts, and spread your risk.
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