Ffs… seems strange a lot of these books all doing this at once.
Mind me asking what you usually bet?
The scary thing is, knock on wood, I think we are eventually going to see one of the books we would never expect to do this Fall at some point. I attached the quote from DK CEO Jason Robins, earlier this week. It all boils down to that and unfortunately, almost none of these customers are going offshore anymore. Offshore is filled with people like us, people that have been offshore for a while.
But now, you have all the people that have been turned away from the Domestics, coming offshore looking for a safe haven and you have a disproportionate userbase of of sharp people vs. losers. The sharp ratio is going up offshore and going down domestically through the controls domestic books have. All the tools and services now that make players 'advantaged players' with EV Filters, arbitrage screens and up to the second odds' screens, those people are coming onboard, a lot being pushed by affiliates to exploit edges.
This is NO Excuse for the books offshore to do what they are doing but simply put, they can't handle it. They don't have the automated risk management AI and trading staff that the Monopoly onshore has with DK and Flutter. As soon as they see a pulse, they show people the door.
It's a bad situation that I hate to say, is not going to get better. At least not until there's some great reset.
in our basically toast then. Crap..
