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re: Chicago area butcher pleads guilty to multimillion dollar sportsbook operation

Posted on 8/11/20 at 10:29 am to
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 8/11/20 at 10:29 am to
Its amazing how many times the government taxes a single dollar at the end of the day.
Posted by Jim Rockford
Member since May 2011
106162 posts
Posted on 8/11/20 at 10:31 am to
quote:

bookies still exist? I thought you could do all that online now?


A nontrivial number of people are still unable or reluctant to do things online. Even moreso, there are degenerate gamblers either whose credit is shot and can't get anymore, or they don't want their spouse seeing it show up on their credit card or bank statement. And there are those for who the illicit thrill of going to a bookies is part of the appeal.
Posted by PhilemonThomas
Member since Jan 2015
2983 posts
Posted on 8/11/20 at 10:36 am to
.
This post was edited on 8/13/20 at 4:12 pm
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139245 posts
Posted on 8/11/20 at 10:37 am to


Posted by HempHead
Big Sky Country
Member since Mar 2011
56777 posts
Posted on 8/11/20 at 10:37 am to
When she bitches at him for cursing while casually taking from the till.
Posted by PhilemonThomas
Member since Jan 2015
2983 posts
Posted on 8/11/20 at 10:37 am to
(no message)
This post was edited on 1/11/21 at 9:56 am
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 8/11/20 at 10:41 am to
Posted by RT1941
Member since May 2007
32318 posts
Posted on 8/11/20 at 10:42 am to
quote:

bookies still exist? I thought you could do all that online now?

quote:

He might have more of an old school clientele.

If I were to ever place bets on sports outside of a state where it is legal, I imagine that there are bookies who utilize a website in order to facilitate transactions.


An online site is nothing more than a place to check the lines and place the bets. The bookie has to facilitate the money movement.

Bookie's pay a head fee every week to the site for the # of active bettors on his book (website) the site is simply a place to keep track of the bets & wins/loses.

You have to have a bookie to operate under his book on the website, he pays out and collects $$ for losses and he goes to the site and clears out the account for each bettor when $$ is collected or the bettor gets paid.
Posted by crazyLSUstudent
391 miles away from Tiger Stadium
Member since Mar 2012
6209 posts
Posted on 8/11/20 at 11:27 am to
Jimmy Ott was he number one guy
Posted by Ham Malone
Member since Nov 2010
2712 posts
Posted on 8/11/20 at 11:33 am to
Same in Colorado and it’s amazing. The promos that all the different books offer to get business are great.
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