Very nice review, can we see review of Canada and especially Ontario?campeones wrote: ↑Thu Jan 04, 2024 1:12 pmWe monitor the US market very thoroughly. Not only the country as a whole but every state individually.
Yes the US is an Eldorado and the educated US bettor has a window of opportunity to become rich. Maybe it is a surprise for many but this window of opportunity becomes bigger and bigger because new bookmaker domestic and international are entering the market. Almost every second day we hear about a new name in a new state. But you were discussing about New Jersey, so let’s talk about New Jersey. The estimation of Blackjack is wrong…
The amount is far bigger than that. I am sure BlackJack refers to a 2022 report. Today there are even more bookmakers casinos and bonuses in NJ. The amount is far bigger than $20K.
The US GDP per capita is $70200. The New Jersey GDP per capita is $64800. To picture the situation better bonuses from NJ alone, represent 31% of GDP per capita in this state.
I will provide the equivalent for European countries so you understand about the size of the opportunity that New Jersey alone offers.
- It is like offering £14420 bonuses in the UK. Today, the UK bettor receives less than £3000 as incentives. The last time the UK bettor enjoyed £14000 was back in 2014 at the top of the performance of the UK id.
- It is like offering €6000 to a Greek gambler. Last time bookmakers offered 6K to Greek gamblers was… never.
- It is like offering €15400 to a German gambler. Last time this happened was… never.
- Last time this % of GDP per capita was given to any European (UK excluded) was… never.
So you understand the size of the opportunity. A US bettor from New Jersey could clean up with family and relatives an easy $200.000 within a 2 months period of time before moving to prosecutable levels. And this is in one state alone namely New Jersey.
The size of opportunity is never seen before in the gambling business.
We decided not to expand our business in the USA. And that was a decision taken by the Ownership and the legal team of our company. These are some of the most educated persons in this business. They know better.
Can you do Matched Betting in the US?
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Re: Can you do Matched Betting in the US?
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arbusers
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Thank you for this excellent post and the info that you provide.
I would like to comment on the last paragraph of your post.
ALWAYS think the risks first, NOT gains. The Owners know better.
Surviving is the main job.
Re: Can you do Matched Betting in the US?
campeones wrote: ↑Thu Jan 04, 2024 1:12 pmWe monitor the US market very thoroughly. Not only the country as a whole but every state individually.
Yes the US is an Eldorado and the educated US bettor has a window of opportunity to become rich. Maybe it is a surprise for many but this window of opportunity becomes bigger and bigger because new bookmaker domestic and international are entering the market. Almost every second day we hear about a new name in a new state. But you were discussing about New Jersey, so let’s talk about New Jersey. The estimation of Blackjack is wrong…
The amount is far bigger than that. I am sure BlackJack refers to a 2022 report. Today there are even more bookmakers casinos and bonuses in NJ. The amount is far bigger than $20K.
The US GDP per capita is $70200. The New Jersey GDP per capita is $64800. To picture the situation better bonuses from NJ alone, represent 31% of GDP per capita in this state.
I will provide the equivalent for European countries so you understand about the size of the opportunity that New Jersey alone offers.
- It is like offering £14420 bonuses in the UK. Today, the UK bettor receives less than £3000 as incentives. The last time the UK bettor enjoyed £14000 was back in 2014 at the top of the performance of the UK id.
- It is like offering €6000 to a Greek gambler. Last time bookmakers offered 6K to Greek gamblers was… never.
- It is like offering €15400 to a German gambler. Last time this happened was… never.
- Last time this % of GDP per capita was given to any European (UK excluded) was… never.
So you understand the size of the opportunity. A US bettor from New Jersey could clean up with family and relatives an easy $200.000 within a 2 months period of time before moving to prosecutable levels. And this is in one state alone namely New Jersey.
The size of opportunity is never seen before in the gambling business.
We decided not to expand our business in the USA. And that was a decision taken by the Ownership and the legal team of our company. These are some of the most educated persons in this business. They know better.
Thank you for this excellent post and the info that you provide.
I would like to comment on the last paragraph of your post.
ALWAYS think the risks first, NOT gains. The Owners know better.
Surviving is the main job.
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Re: Can you do Matched Betting in the US?
Congrats to campeones for the above post.
Speaking of windows and sizes of opportunities I would also like to comment.
The level of sophistication in Europe is much higher. The US market is still in its infancy but soon the US bettor will wake up. Expect more and more US bettors in this forum too. I predict, in the end arbusers will not be Eurocentric as the centre of gravity will move to the US and LATAM.
In Europe and the UK it is the media and forum like this that educate the bettor. This is not present in the US yet. The US will follow UK's path far quicker as the US bettor will utilise the knowledge and the information acquired in Europe and the UK.
But at the same time there is one major difference between Europe and the USA. I believe the judicial system of the USA will protect the US bettor from bad companies. I am sure WilliamHill, Betway and the others are very much careful before they behave to a US bettor the same way they behave in the UK.
Do you remember Neteller's CEO jailed in the US?
Speaking of windows and sizes of opportunities I would also like to comment.
The level of sophistication in Europe is much higher. The US market is still in its infancy but soon the US bettor will wake up. Expect more and more US bettors in this forum too. I predict, in the end arbusers will not be Eurocentric as the centre of gravity will move to the US and LATAM.
In Europe and the UK it is the media and forum like this that educate the bettor. This is not present in the US yet. The US will follow UK's path far quicker as the US bettor will utilise the knowledge and the information acquired in Europe and the UK.
But at the same time there is one major difference between Europe and the USA. I believe the judicial system of the USA will protect the US bettor from bad companies. I am sure WilliamHill, Betway and the others are very much careful before they behave to a US bettor the same way they behave in the UK.
Do you remember Neteller's CEO jailed in the US?
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arbusers
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Toronto and especially Ontario are used from bookmakers like the ''canary in the coal mine''. Ontario's market resembles to a large extend with the US market. Thus, many bookmakers decide to test the waters in the swimming pool Ontario before jumping to the US ocean.
The reason why they follow this tactic, is because entering the US market requires a vast investment of money, mainly going to law firms believe it or not. A quick example is Betano. They are in Ontario but not in the US. This reality makes Ontario only, another Eldorado.
Side comment: I like campeones' way of thinking to calculate bonuses as a percentage of the GDP. Genius.
Re: Can you do Matched Betting in the US?
Toronto and especially Ontario are used from bookmakers like the ''canary in the coal mine''. Ontario's market resembles to a large extend with the US market. Thus, many bookmakers decide to test the waters in the swimming pool Ontario before jumping to the US ocean.
The reason why they follow this tactic, is because entering the US market requires a vast investment of money, mainly going to law firms believe it or not. A quick example is Betano. They are in Ontario but not in the US. This reality makes Ontario only, another Eldorado.
Side comment: I like campeones' way of thinking to calculate bonuses as a percentage of the GDP. Genius.
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Thank you for your post.
Any exact numbers maybe for Ontario?
Anyone made some calculations?
Re: Can you do Matched Betting in the US?
Maybe even better Eldorado as from the info that I have it's tax free unlike US.arbusers wrote: ↑Sat Jan 06, 2024 9:52 am
Toronto and especially Ontario are used from bookmakers like the ''canary in the coal mine''. Ontario's market resembles to a large extend with the US market. Thus, many bookmakers decide to test the waters in the swimming pool Ontario before jumping to the US ocean.
The reason why they follow this tactic, is because entering the US market requires a vast investment of money, mainly going to law firms believe it or not. A quick example is Betano. They are in Ontario but not in the US. This reality makes Ontario only, another Eldorado.
Side comment: I like campeones' way of thinking to calculate bonuses as a percentage of the GDP. Genius.
Thank you for your post.
Any exact numbers maybe for Ontario?
Anyone made some calculations?
Last edited by Bastard on Sat Jan 06, 2024 12:59 pm, edited 1 time in total.
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They already have educational site (good one) that exist few years already and what happend? Nothing.
Nevada casinos have great arbing potential and how many of them are exploiting that? I know only one.
Not to mention some live betting opportunities.
They are simply different mentality.
I don't have a clue about LATAM.
Re: Can you do Matched Betting in the US?
I highly doubt that the US bettors will wake up. They could make decent money even before regulation but very few took advantage.blackjack wrote: ↑Sat Jan 06, 2024 8:49 amCongrats to campeones for the above post.
Speaking of windows and sizes of opportunities I would also like to comment.
The level of sophistication in Europe is much higher. The US market is still in its infancy but soon the US bettor will wake up. Expect more and more US bettors in this forum too. I predict, in the end arbusers will not be Eurocentric as the centre of gravity will move to the US and LATAM.
In Europe and the UK it is the media and forum like this that educate the bettor. This is not present in the US yet. The US will follow UK's path far quicker as the US bettor will utilise the knowledge and the information acquired in Europe and the UK.
But at the same time there is one major difference between Europe and the USA. I believe the judicial system of the USA will protect the US bettor from bad companies. I am sure WilliamHill, Betway and the others are very much careful before they behave to a US bettor the same way they behave in the UK.
Do you remember Neteller's CEO jailed in the US?
They already have educational site (good one) that exist few years already and what happend? Nothing.
Nevada casinos have great arbing potential and how many of them are exploiting that? I know only one.
Not to mention some live betting opportunities.
They are simply different mentality.
I don't have a clue about LATAM.
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arbusers
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You have some good points here. If all of them are true, then the enlightened or sophisticated US player will become a multimillionaire. On the flip side, I remember very well there were many smart bettors in the US before the Bush Jr ban. I remember very well the panic in the US forums and their desperate effort in vain to save what could have saved. I m wondering what these people are doing today and if any of them returned back in this business.
Re: Can you do Matched Betting in the US?
Bastard wrote: ↑Sat Jan 06, 2024 12:58 pmI highly doubt that the US bettors will wake up. They could make decent money even before regulation but very few took advantage.
They already have educational site (good one) that exist few years already and what happend? Nothing.
Nevada casinos have great arbing potential and how many of them are exploiting that? I know only one.
Not to mention some live betting opportunities.
They are simply different mentality.
I don't have a clue about LATAM.
You have some good points here. If all of them are true, then the enlightened or sophisticated US player will become a multimillionaire. On the flip side, I remember very well there were many smart bettors in the US before the Bush Jr ban. I remember very well the panic in the US forums and their desperate effort in vain to save what could have saved. I m wondering what these people are doing today and if any of them returned back in this business.
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Re: Can you do Matched Betting in the US?
Keep in mind that betting is not yet legalised in California, Texas and Florida among other states. Only these 3 have a population of 92+ millions.
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Re: Can you do Matched Betting in the US?
US betting is great until you get limited. It's really about networking and getting fresh accounts.
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Over the last year we are noticing a lot of traffic coming from the US, currently #3 in our forum after the UK and what is called ''others''. However, this traffic is silent and they don't comment in our forum, they simply come to collect the info and knowledge they are looking for.
Yes, that was a great story, and probably one of the reasons why all these UK/EU bookmakers operating in the US are hiring armies of lawyers.
Re: Can you do Matched Betting in the US?
Over the last year we are noticing a lot of traffic coming from the US, currently #3 in our forum after the UK and what is called ''others''. However, this traffic is silent and they don't comment in our forum, they simply come to collect the info and knowledge they are looking for.
blackjack wrote: Do you remember Neteller's CEO jailed in the US?
Yes, that was a great story, and probably one of the reasons why all these UK/EU bookmakers operating in the US are hiring armies of lawyers.
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Re: Can you do Matched Betting in the US?
Most just want basic information like driver's license or state id. One Kambi book asked me for utility bill and bank statement claiming they needed it for KYC laws. Which is nonsense because we don't have KYC laws over here. Strictly harassment by them.crypto data wrote: ↑Mon Jan 08, 2024 8:37 amhow fast they limit you?
what documents they ask for verifiction? Only Id?
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arbusers
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Let me add the following. If you speak with bookmakers, payments providers and especially software developers, they will tell you that they look 2 steps ahead. And their planning now is targeting Asia a destination that will be proved hot within the next years.
Re: Can you do Matched Betting in the US?
arbusers wrote: ↑Tue Jan 09, 2024 1:10 pmOver the last year we are noticing a lot of traffic coming from the US, currently #3 in our forum after the UK and what is called ''others''. However, this traffic is silent and they don't comment in our forum, they simply come to collect the info and knowledge they are looking for.
Let me add the following. If you speak with bookmakers, payments providers and especially software developers, they will tell you that they look 2 steps ahead. And their planning now is targeting Asia a destination that will be proved hot within the next years.
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Thanks for letting us explain so complicated things.
But it seems some of us are really easy to be thrilled lol.
Re: Can you do Matched Betting in the US?
Yes, it's absolutely genius for all those idiots who don't know what is at least estimate US GDP per capita and average salary.
Thanks for letting us explain so complicated things.
But it seems some of us are really easy to be thrilled lol.
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Re: Can you do Matched Betting in the US?
Dear Arbusers & friends,
can any of us who bet online registered in the US at US Online Sportsbooks confirm if you need your US social security number for verification?
If not, what state is the person registered in?
I was told it was required. The statement came from Nevada.
can any of us who bet online registered in the US at US Online Sportsbooks confirm if you need your US social security number for verification?
If not, what state is the person registered in?
I was told it was required. The statement came from Nevada.
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