Hooligans Sportsbook

On The Record: Mr.D

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Mr.D

when do you see yourself retiring? and do you anticipate having to change jobs or companies anytime soon?

what were your favorite sports teams and players growing up?

what was the first album you bought?
 
Hi Reno,

Let me preface this by stating this is my personal opinion. The continuing trends over the next few years in the offshore sportsbetting market for U.S. players will be towards consolidation, with the elimination of smaller and less-liquid shops. The cost of doing business for the existing shops is becoming prohibitive, and the prospects for any new start-ups are dismal. Those shops that are not well run and financially sound will either fail or be folded into the behemoths. Not good news for those who actually make a living by betting on sports. Bonuses will shrink, books will become much more selective in the types of players they want and the type of action they want, and the markets will become tighter as many of those outs offering unique opportunities disappear or become absorbed.

That being said, the offshore sportsbetting opportunities for U.S. citizens will never go away. There are still huge sums of money to be made, and the US Federal Government will never legalize wagering on sports (at least not my lifetime). The inconveniences that players currently endure to bet on sports will probably not change much in the short-term, but at some point the funding methods will improve. There are several operations committed to remaining in the U.S. market for the long haul, and while the advantage players may run out of places to take their action it is likely that the average better will have no trouble finding a reputable bookmaker to do business with.

Again, all speculation on my part and it certainly wouldn't hurt my feelings to be proven wrong on many of those points.

Best regards,

Shannon

Missed this the other day. Might as well kill myself now.