Becoming A Bookie?
- Thread starter Shreks2
- Start date
- May 7, 2005
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Ha! Obviously I didn’t notice that. My bad. Sorry for wasting any time. Thanks Batman
- May 7, 2005
- 497
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Fwiw - I also find Hammer mildly entertaining at times. Not even close to the legendary Beantown Jim, but good for a laugh every once in awhile. Regardless, the image of a Hammer’s School of Cosmetology in Puerto Rico that automatically popped into my mind was worth the minute I spent responding.
I have enjoyed Madjacksports for decades now and I appreciate the work that’s gone in to making this site what it is—often helpful and always fun. Thanks Jack!
I have enjoyed Madjacksports for decades now and I appreciate the work that’s gone in to making this site what it is—often helpful and always fun. Thanks Jack!
- May 7, 2005
- 497
- 112
- 43
Fwiw - I also find Hammer mildly entertaining at times. Not even close to the legendary Beantown Jim, but good for a laugh every once in awhile. Regardless, the image of a Hammer’s School of Cosmetology in Puerto Rico that automatically popped into my mind was worth the minute I spent responding. I have enjoyed this site for decades now and I appreciate the work that’s gone in to making this site what it is—often helpful and always fun. Thanks Jack!
One of my best friends is a local bookie and between his 2 associates, they have 80 people. $500 is the max bet. They make about 100K per year split 3 ways, they have some slow-pay players and a lot of friends I know bet through them. They each take about 15 K into the next season as their bankroll. . He told me if he drops dead to get to house before his sister does and finds the socked-away cash. In 10 years they had one losing season and that was the year the favorite and over hit all the prime time games in both NFL and College. He takes 99% of his bets via text. we cant use draftkings or fanduel to bet here, can go to the Indian casino and wager but why would we do that and be subject to tax?
- May 7, 2005
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That’s interesting. I believe you. It sounds like your buddy has a good thing going. It most likely took some serious time and effort to build up his clientele. However, it surprises me that he is able to compete with respected offshore books. Those popular offshore books provide easy to navigate websites, higher limits, respectable cash back and decent bonuses to serious players. Most importantly, those books regularly pay their customers substantial sums of money at the players request within an hour to two max via crypto currency. No waiting until Monday or Tuesday to meet up with bookies and settle up every week. Those books also request enough cash to cover each wager upfront in your account similar to a real Vegas sportsbook takes money upfront. That helps keep players from racking up debts that they can’t afford. And again, no risk of the authorities showing up to a bookies’s home one day and turning a 6-figure business into an absolute nightmare. Trust me I’m not saying there is anything wrong with what your buddy is doing and I’m sure he’s a great guy and friend. But it’s difficult for me to understand why anyone would use a local bookie these days, let alone choose to put in the effort to make money that way. There are much easier ways to lower your tax bill. Thanks for sharing regardless because it is an interesting subject and I understand that it happens all over this country and is a part of our collective society and culture.
There must be a lot of players playing off shores. Considering 20 years ago this area had 4-5 known local bookies who don't exist anymore. Got out of the business or died off. One local was a chump always trying to scam and tell you that you had the wrong side. So yeah the players had to go somewhere so the 80 they have is peanuts. My friend isn't like most, he is probably one of the most known well liked guys in the area. He set up all the softball leagues, horeshoe leagues, dart leagues,, pool leagues etc. He buys drinks and on Super Bowl Sunday they put bar tabs out at 5 of the bigger betting bars as a thank you. Many of their clients come from the plant they used to work at. So it's a little bit different here. Where I live is a bit rednecky and old fashioned. People have been betting this way for generation to generation.
- Sep 1, 2012
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Fuck - Tony, those were the days...https://www.casino.org/news/costa-r...ounders-killers-including-two-cops-to-prison/
- May 7, 2005
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Tragic. I had not heard nor seen anything about this previously. Unfortunately it doesn’t surprise me in the slightest. As I mentioned earlier in this thread, people become absolutely crazy over money. Yet another worry bookie’s running their own shop must deal with every day. Any person who knows what is going on and what days the bookies collect every week can ambush the money man or worse. That stuff even happens in this country more often than one would think. We just don’t normally hear about it because many illegal bookies today are affiliated with mafia. They prefer to handle those unfortunate issues their own way without law enforcement, if possible. It’s a very rough and savage world out there. Truly. The majority of us have been fortunate enough to avoid witnessing and/or experiencing that part of our society firsthand.
one of the local bookies owned a barber shop and a bar. He had a huge safe in the basement of the bar and somebody tried to get it out of there. He used the barber shop as a front. Where the enevelopes were picked up and dropped off. Well he used to stuff the envelopes in a magazine in his drawer and I guess he went to bathroom and came back and magazine was gone.
his barber partner was old and started to he dementia according to the bookie and misplaced envelopes that causes a panic
if Heleneath reads this, he probably knows who I’m talking about
I hit 5 Dimes for 30 grand or so one baseball season and I was getting 5 K a week for the first 3 weeks when it came time to payout. Then the slow paying came. They couldn't pay out on the days they claimed payouts were. Tony would never talk to me on the phone personally but they said Tony said this or Tony said that. Finally I told them I wasn't going to bet unless I got another payout and then Magically it happened immediately. Never beat them at any other sport.
- Sep 1, 2012
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I always got paid. Sometimes it would take a few days. Tony was a dick, but he ran a clean shop and explained in detail how everyday people were trying to get over on him.:mj07:
