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BOOKMAKER/CRIS to USA?

jjgold

jjgold

Joined
Oct 15, 2021
Messages
40,306
Its just a basic book that pays with bigger limits
Generic lines
When these books come to usa the costs are extreme and lines start to widen and limits lower

The models are not the same because only dealing to one area not entire globe
 

Reload

Reload

Joined
Nov 9, 2021
Messages
656
Because 80% of Wagers are placed with 4 Companies USA

Nobody every heard of Bookmaker but offshore degens

5 Dimes was a flop in Canada
Bet365 a flop
Even Wynn and SuperBook failed with app betting in states outside Nevada. They both left NJ and everywhere else. If they failed, the chance of success seems pretty hard.
 

Tanko

Tanko

Joined
Oct 27, 2021
Messages
55,275
Even Wynn and SuperBook failed with app betting in states outside Nevada. They both left NJ and everywhere else. If they failed, the chance of success seems pretty hard.
Everything you say makes sense Reload....
They must have all the same info but yet they somehow believe they will make a go of it.?.?
So I got to ask, "What the hell is CRIS thinking?"
 

KVB

KVB

Joined
Apr 11, 2023
Messages
17,072
Would need volume and decisions going their way enough. Slower months will be a killer unless they get a casino going also.

They’re a pretty good bookmaker so decisions going their way really shouldn’t be a big factor in the overall picture.they can be in for the long haul and take positions accordingly.

But you’re right that there are a lot of headwinds in general to success.

Pricing would be their biggest key or at least could be
 

Reload

Reload

Joined
Nov 9, 2021
Messages
656
Everything you say makes sense Reload....
They must have all the same info but yet they somehow believe they will make a go of it.?.?
So I got to ask, "What the hell is CRIS thinking?"
They will have to be willing to accept a low market share, keeping expenses low, hoping taxes/fees become more friendly, and try grinding things out. It’s not impossible to do well but pretty challenging.
 
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