Interesting conversation with fansunite, could it be?

danshan

I highly doubt the following
A this works out for them
B they really can do this
C they can even stay open with so much regulation out there but

the conversation I had with a guy from there today convo follows

Buy Ppmc
hey whats up curious can someone give me a real example of how the sportsbook lines will go with the 1% thing?

Duncan McIntyreadmin
Buy Ppmc
hey whats up curious can someone give me a real example of how the sportsbook lines will go with the 1% thing?
Hey! For a spread bet, for example, the odds offered on both sides would be 1.98 in decimal odds or -102 in American odds. Obviously, this would be the likeliest route to profitability for a sports bettor
Buy Ppmc
wow serious
so pinny is at -104 a side on baseball and you would be at -102
and what kind of limits are we talking about?

Duncan McIntyreadmin
On a spread bet, yes.
Buy Ppmc
what kind of bet limits
you still there?

Duncan McIntyreadmin
We won’t limit any players individually. Initially as markets are opened, the individual market will be limited. We haven’t ascertained the initial limit on a market but it will be quickly highered as exposure sets in on both sides.
Buy Ppmc
guess estimate round number anything, we talking 500 bucks or 100 grand ???
you got me all excited and then you went to sleep
LOL

Duncan McIntyreadmin
I’m guessing here and will have to chat with my risk management team but it will be 1k plus I would imagine for the freshest opening line.
Certainly not 100 grand. Pinnacle with all of their liquidity is not even close to that number on new lines.
Buy Ppmc
and when will lines come out before betonline?

danshan

Duncan McIntyreadmin
Ha I’m not sleeping. I’m in the pacific time zone
For initial sports (MLB, Soccer (football) and Cricket) we will be setting our own lines and aim to be the first ones out in the industry. For other sports, we will be working on creating our own lines but will initially be aggregating lines from the major sports books and putting our own margin on them (i.e., bringing them down to 1% margin)

R40

Just another ICO scam.

danshan

you think so they have been around a long time but who knows really 99.99% of ICO anything is a scam though but I am not buying into the coin crap. I just want to see if they actually open that book!

R40

danshan wrote: »

you think so they have been around a long time but who knows really 99.99% of ICO anything is a scam though but I am not buying into the coin crap. I just want to see if they actually open that book!

They will do just enough work to justify their salaries and keep the majority of the dough.

danshan

I guess we shall see if the book ever opens, which like you I highly doubt it will open and how can they survive with a 1% margin. if you are setting your own lines and only got a 1% margin you better have some really good people setting those lines to stay in business.

R40

danshan wrote: »

I guess we shall see if the book ever opens, which like you I highly doubt it will open and how can they survive with a 1% margin. if you are setting your own lines and only got a 1% margin you better have some really good people setting those lines to stay in business.

These things are a perfect scam. They can work on the idea and if it works, they get the rewards for it. If it doesn't, they bill away all the money.

danshan

sounds like a perfect plan as long as everyone knows whats up BEFORE they put their money in!

danshan

but man it would be amazing if it did work, that is a very very beatable margin for even me!