HRWAGER down?

[JDS]

I know the old owner

Very sharp

I can’t imagine he made any money off that business venture with all those stiffs and super stiffs like @Brock Landers.

 

[flyingillini]

Believe so and believe I left them owing a balance after it became clear it was a one way operation. Not that I advocate stiffing of course - only when it’s clear the other side would happily return the favor given half a chance.

What an absolutely stupid idea for an online sportsbook - hey let’s give anyone who can give us a name and email a line of credit - because gamblers are nothing but known for being notoriously honest. If the brain trust of WSEX was the most innovative - these guys were the least.

It was the Providian (very old credit card company from the late 80s/early 90s) of sportsbooks. Providian used to give anyone with a pulse a decent credit line - and reasonable fees. Unlike places like Sears (which could only be used in their stores or like First Premier now (give you a $300 credit line and charge a $90 application fee and $200 yearly fee as well as $9 a month membership fee - in essence giving you like $1 to spend until you start paying them) - Providian would give anyone 18 and with a pulse a decent credit card. You can of course piece together what happened to them ultimately.

To deal in credit - you need to have a personal connection to the bettor - not to intimidate- but simply to be selective on who you take. Aside from that place - I only got into credit one other time - small limits and dude skipped out on me first time it was time to settle up. Lesson learned - play post only.

I give everyone a credit of $100 to my PPH book then once they establish with me I increase it.