Bookies/mobsters killing big gambling winners to avoid paying them?

[Ivan]

Any notable examples of this ever happening?

[Stroccos]

Any notable examples of this ever happening?

Well you pay the guy then go rob him later get your money back .

[Snakes]

Definitely heard of some of the online sportsbooks doing this on technicalities.

[FriendofHenry]

Any notable examples of this ever happening?

A friend of mine robbed a few big time poker games that were being run outside of Michael or Jo Jo's OK.

[chubby]

Any notable examples of this ever happening?

A friend of mine robbed a few big time poker games that were being run outside of Michael or Jo Jo's OK.

Did Michael and jo jo ever find out he did it? If so what was the punishment. Also just curious.. do you know a ballpark figure of how much money he got when he robbed the games

[Wiseguy]

Can't think of any examples off the top of my head. As long as the bookie balances his books, through the layoff or whatever, it shouldn't matter if somebody wins bug. And you don't want your operation getting a reputation of not paying your players, let alone knocking them off. Lol.

[Teddy Persico]

^Exactly. Mob bookies aren't too concerned with any one bet. It all evens out in the end if they moved the line and lay their action right.

[FriendofHenry]

Any notable examples of this ever happening?

A friend of mine robbed a few big time poker games that were being run outside of Michael or Jo Jo's OK.

Did Michael and jo jo ever find out he did it? If so what was the punishment. Also just curious.. do you know a ballpark figure of how much money he got when he robbed the games

The games he took off were games that were outside of Jo Jo an Michael's games. He called them "hit and run games". The only thing they wanted from him was there piece. Never got a count.The less I knew, the better

[HairyKnuckles]

Can't think of any examples off the top of my head. As long as the bookie balances his books, through the layoff or whatever, it shouldn't matter if somebody wins bug. And you don't want your operation getting a reputation of not paying your players, let alone knocking them off. Lol.

Can´t agree more. The reputation of a bookie like that would sink like a stone in a lake. He would be in trouble finding new customers and the ones betting with him would go bet someplace else. This also goes with gambling places. if customers found out it was rigged, the gambling place would had to have been shut down. The places controlled by the Mafia, believe it or not, were often the more secure ones when it comes to fair play. A lot of made guys controlled very successful floating gambling dens and these were in many cases their only livelihood. It would have been suicide trying to rig these games or avoid paying a winning customer. A gambler who placed bets with an independent bookie or gambled at an independent mobster´s game faced more worries concerning winnings or suspicions of a rigged game.

[Snakes]

There were definitely guys who didn't pay out and their reputations suffered as a result.

[Cheech]

As long as the bookie balances his books, through the layoff or whatever.

question for you.

you're a bookie. last night you have $10k on the rams -3 and $1k on the 49ers +3. what do you do?

[rayray]

I use to have older relatives, all brothers and cousins that ran a semi-circle of gambling and loans mostly amongst each other. I don't think I ever heard of anyone getting hurt from the gambling part, and only kind of once where someone didn't want to pay someone else but that was from bookie to bookie where there was some kind of confusion and a threat, then the only outcome was the one brother paid the other brothers bet to make the other guy happy but pissed off his own brother. And I'm not sure if it was related but an argument broke out between the two brothers and the brother that paid the debt pulled out a knife and threatened the brother that wouldn't pay the other bookie, and well, the brother who wouldn't pay the debt broke his brothers arm for pulling out a knife on him.


I don't even know if there is a moral to this story other then,
A) Blood should always be thicker then water
and
B) If you pull out a weapon you better be tough enough to be able to use it

[Wiseguy]

As long as the bookie balances his books, through the layoff or whatever.

question for you.

you're a bookie. last night you have $10k on the rams -3 and $1k on the 49ers +3. what do you do?

Well, assuming the bookie has already moved the line to influence betting, he calls another bookie and bets $4,500 on the 49ers. That way he's covered if the Rams win (which they did) and has enough to pay off the winning bettors while still collecting the built-in vig from the losers.

[Antiliar]

I think I have read about a couple made guys who killed the guys they were indebted to, but can't recall their names with any certainty. One may have been Milwaukee Phil Alderisio, but I'm not sure.

[Stroccos]

I think I have read about a couple made guys who killed the guys they were indebted to, but can't recall their names with any certainty. One may have been Milwaukee Phil Alderisio, but I'm not sure.

The only one I can think of that was major was didn't the westies knock off ruby stein who they owed big money to although he was a loanshark