Potential legal sports betting and the mob

Discuss all mafia families in the U.S., Canada, Italy, and everywhere else in the world.

Moderator: Capos

TommyNoto
Sergeant Of Arms
Posts: 810
Joined: Fri Oct 07, 2016 2:33 pm

Re: Potential legal sports betting and the mob

Post by TommyNoto »

At the beginning I'm not sure the wise guys will take a huge hit but in 10 years when it's evolved to easy on line and bringing it in to the bars at racetracks I could see it taking a decent hit come super bowl , World Series , march madness, World Cup etc., when people can go to a sick bar set up like Victory at meadowlands .

Like others stated the gambling junkies the mob will likely keep a big share of but the big event volume plays I could see them losing a decent chunk to gamblers that like to go out for those events.

Regardless it's not a good development for wise guys as a book is such a consistent money maker and can lead to a lot of other scores / relationships
Attaboi 1
Straightened out
Posts: 111
Joined: Thu Dec 29, 2016 2:19 pm

Re: Potential legal sports betting and the mob

Post by Attaboi 1 »

So if you use an offshore site, you just use your card and place a bet and they just automatically take it from your account if lose?
Attaboi 1
Straightened out
Posts: 111
Joined: Thu Dec 29, 2016 2:19 pm

Re: Potential legal sports betting and the mob

Post by Attaboi 1 »

From south Louisiana and there are bookies everywhere but I have never fooled with that offshore shit. Just don’t know enough about it.
frankiep
Associate
Posts: 16
Joined: Tue Oct 28, 2014 7:12 am

Re: Potential legal sports betting and the mob

Post by frankiep »

You can start your own online book in minutes. Hundreds of sites that set you up with everything you need. Some will charge you $10 a head. You give your guys a user name and PW. They log in and bet on whatever they want.
User avatar
Wiseguy
Filthy Few
Posts: 9585
Joined: Tue Sep 16, 2014 11:12 am

Re: Potential legal sports betting and the mob

Post by Wiseguy »

Attaboi 1 wrote: Thu Nov 30, 2017 8:49 am So if you use an offshore site, you just use your card and place a bet and they just automatically take it from your account if lose?
If you're talking about mob-run offshore sight, it's simply how the bettor places his bet and the bookie can also log in and see the bet and for how much. The money itself is actually exchanged in person when it comes time to settle up.

If you're talking about legit gambling sites, if I'm not mistaken, you initially deposit money into a player account. Maybe others are different.
All roads lead to New York.
Cheech
Full Patched
Posts: 4419
Joined: Sat Oct 25, 2014 9:42 am

Re: Potential legal sports betting and the mob

Post by Cheech »

Wiseguy wrote: Thu Nov 30, 2017 11:02 am
Attaboi 1 wrote: Thu Nov 30, 2017 8:49 am So if you use an offshore site, you just use your card and place a bet and they just automatically take it from your account if lose?
If you're talking about mob-run offshore sight, it's simply how the bettor places his bet and the bookie can also log in and see the bet and for how much. The money itself is actually exchanged in person when it comes time to settle up. (yes, no CC. the difficult part is getting the money to CR where the majority are. bitcoin most popular method now cause there is no cap on how much you can send. for MG or WU you can only send up to $600 at a time)

If you're talking about legit gambling sites, if I'm not mistaken, you initially deposit money into a player account. Maybe others are different.
(yes, you fund the account with a cc or a bank card. as some said some bank cards wont allow you if it shows up as gaming. )
Salude!
Cheech
Full Patched
Posts: 4419
Joined: Sat Oct 25, 2014 9:42 am

Re: Potential legal sports betting and the mob

Post by Cheech »

...
Last edited by Cheech on Thu Nov 30, 2017 7:14 pm, edited 1 time in total.
TommyNoto
Sergeant Of Arms
Posts: 810
Joined: Fri Oct 07, 2016 2:33 pm

Re: Potential legal sports betting and the mob

Post by TommyNoto »

10 years ago I could fund my pinnacle account with my credit card that's took 2 mins and that's it but the republicans passed a law that basically killed normal bank funding by using the moral / vice argument , now some are cool with pedophiles, go figure and exactly why I'm an independent as the hypocrisy on both sides is mind boggling .

I used to did it with $100 gift cards that you could load most times but the whole process became tiring. I liked the big bonus's they gave you and I remember one book , sky somethign gave you a free 1/2 pt in all bets

Now that I think about it that republican bill must have been a boom to wise guy sportsbook that came right around the internet explosion . It's just my opinion but I think wise guy sports books are many times bigger then they were even at their height in the 1980s. Give them credit with their technology and jurisdiction savyness
Cheech
Full Patched
Posts: 4419
Joined: Sat Oct 25, 2014 9:42 am

Re: Potential legal sports betting and the mob

Post by Cheech »

Skybet
Salude!
UTC
Sergeant Of Arms
Posts: 961
Joined: Mon Sep 12, 2016 10:59 pm

Re: Potential legal sports betting and the mob

Post by UTC »

Cheech wrote: Thu Nov 30, 2017 4:46 am
UTC wrote: Wed Nov 29, 2017 9:36 pm Thousands of people in the Pacific Northwest have learned this to their horror.
I have a medical prescription in CT. totally different
CT has the exact same law as the other states on what I wrote about. Your case is different but the result is not necessarily different. In your case the issue is whether the ADA requires that a particular employer, depending upon its business, has to reasonably accommodate your disability by letting you smoke outside of work.
UTC
Sergeant Of Arms
Posts: 961
Joined: Mon Sep 12, 2016 10:59 pm

Re: Potential legal sports betting and the mob

Post by UTC »

And of course whether the debilitating medical condition allows you to do the essential functions of the job in any event.
Hope you're doing well with it.
TommyNoto
Sergeant Of Arms
Posts: 810
Joined: Fri Oct 07, 2016 2:33 pm

Re: Potential legal sports betting and the mob

Post by TommyNoto »

Cheech wrote: Thu Nov 30, 2017 7:13 pmSkybet
Sky bet , oh shit , great call cheech. Loved that benefit and I really miss pinny as their juice was always the lowest , wish I could get back in there but last I checked years ago they stopped accepting US clients.

In game live betting is growing big and that could be a big way wise guy books can differentiate from legal books but if in 10 years they are basically offering the same product then I think it will have a decent impact , not fatal but a hit
TommyNoto
Sergeant Of Arms
Posts: 810
Joined: Fri Oct 07, 2016 2:33 pm

Re: Potential legal sports betting and the mob

Post by TommyNoto »

If it's legal I can see twitter having a big impact and/ or live betting options .
User avatar
Snakes
Full Patched
Posts: 4409
Joined: Sat Oct 25, 2014 7:00 am
Location: Elvis Country

Re: Potential legal sports betting and the mob

Post by Snakes »

I don't know what street books offer as far as juice but most online books average at 10%.
Cheech
Full Patched
Posts: 4419
Joined: Sat Oct 25, 2014 9:42 am

Re: Potential legal sports betting and the mob

Post by Cheech »

Snakes wrote: Fri Dec 01, 2017 8:43 am I don't know what street books offer as far as juice but most online books average at 10%.
Pinny had a reduced juice promo. that was there "gimmick"
Pinny's line sharpest. no more US bettors. unless youre a whale
Salude!
Post Reply