It would be better to have campeones commenting on this, but let's not forget that Moneybooker's CS was taking 10 days+ to replay to just 1 e-mail. In my view, in this business, if we extract something from the past, this something is bad and never good. So if you expect the golden days of 2010 (or even before 2010), dont expect the gold.Camma23 wrote: Hi man, I see you know things very well. What you exactly mean with this sentence? Moneybookers times were gold compared to now...if I think how bad is Paysafe, the company who bought Skrill from that Moneybookers
Gambling industry devastated by liquidity problems
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Re: Gambling industry devastated by liquidity problems
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Re: Gambling industry devastated by liquidity problems
Ok, agree on everything but at least, with that old Skrill, you hadn’t to worry to find your account closed without a reasons from one day to the next. Anyway let’s wait Campeones replay, he seems to know more than usarbusers wrote:It would be better to have campeones commenting on this, but let's not forget that Moneybooker's CS was taking 10 days+ to replay to just 1 e-mail. In my view, in this business, if we extract something from the past, this something is bad and never good. So if you expect the golden days of 2010 (or even before 2010), dont expect the gold.Camma23 wrote: Hi man, I see you know things very well. What you exactly mean with this sentence? Moneybookers times were gold compared to now...if I think how bad is Paysafe, the company who bought Skrill from that Moneybookers
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I don't recognise the dark picture you are painting of the industry.
We have seen most of the gambling stocks recover and many of them are even higher than pre-covid. I expect the remaining stocks to be back at previous levels within months from now.
Many people and traders overreacted to the news of no sports. For many bookies it's not a big deal, as their customer base just turns to casino, which is more profitable and better for the bookmaker and this has especially been the case with so many people stuck at home and longing for some entertainment. We see many bookies reporting big growth on casino and poker and some of them actually improving the bottom line last few months compared to last year. Furthermore, most leagues have not been cancelled, which means they will still get that turnover at a later point.
I highly doubt that we'll see any impact on paybacks.
We have seen most of the gambling stocks recover and many of them are even higher than pre-covid. I expect the remaining stocks to be back at previous levels within months from now.
Many people and traders overreacted to the news of no sports. For many bookies it's not a big deal, as their customer base just turns to casino, which is more profitable and better for the bookmaker and this has especially been the case with so many people stuck at home and longing for some entertainment. We see many bookies reporting big growth on casino and poker and some of them actually improving the bottom line last few months compared to last year. Furthermore, most leagues have not been cancelled, which means they will still get that turnover at a later point.
I highly doubt that we'll see any impact on paybacks.
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As you probably already know, PaySafe liquidated all affiliates. I think someone already posted that in the forum. This is indeed fewer side profits for those still basing their profits on e-wallets volumes.
PaySafe is already dismissing some of its personnel. They are cutting their costs from all the possible ways you can imagine.
Re: Gambling industry devastated by liquidity problems
Reality came that fast that surprised even us.campeones wrote: But you have to prepare for fewer side profits, more fees, and stricter regulations. In some aspects the services that we will receive will go back to the Moneybookers times of 2010.
As you probably already know, PaySafe liquidated all affiliates. I think someone already posted that in the forum. This is indeed fewer side profits for those still basing their profits on e-wallets volumes.
PaySafe is already dismissing some of its personnel. They are cutting their costs from all the possible ways you can imagine.
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If Paysafe want to fix its financial situation, they should bring back simple ID verification, reduce fees and resume their cooperation with bookmkers like bet365. Simple as that.
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Betting markets are programmed to return to some normality in the coming weeks and months. In smart gambling perspectives this normality will not be resembling to what we got used to during these last years.
Prepare for much fewer profits and a very difficult environment to operate in.
If you expect the same amounts of profits like pre-Covid19 years, you will soon receive a socking dose of reality.
This is valid for absolutely everyone with no exception. It doesn’t matter if you are a lonely arber, a locust or a 200 personnel syndicate.
We will all be damaged.
Prepare for much fewer profits and a very difficult environment to operate in.
If you expect the same amounts of profits like pre-Covid19 years, you will soon receive a socking dose of reality.
This is valid for absolutely everyone with no exception. It doesn’t matter if you are a lonely arber, a locust or a 200 personnel syndicate.
We will all be damaged.
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Hi arbusers, you obvs know much more than us. What will be the major changes, in smart betting via Asia brokers, we could expect ?arbusers wrote: Betting markets are programmed to return to some normality in the coming weeks and months. In smart gambling perspectives this normality will not be resembling to what we got used to during these last years.
Prepare for much fewer profits and a very difficult environment to operate in.
If you expect the same amounts of profits like pre-Covid19 years, you will soon receive a socking dose of reality.
This is valid for absolutely everyone with no exception. It doesn’t matter if you are a lonely arber, a locust or a 200 personnel syndicate.
We will all be damaged.
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This is of course on top of the liquidity issues as previously described.
But besides all these that could fall in the sphere of speculation, it seems to me that sporting and betting events will not be at the same numbers as before. Already, the season of 2020-21 will be very much compressed. Many countries announced the end of their championships in various sports including football and basketball. Some countries will not continue with the playoffs. In the compressed season of 2020-21, add a couple more compressed seasons that will definitely occur from the next World Cup that has to take place in Qatar during November-December 2022.
And of course, a new wave of Pandemic is always hiding in the corner.
Re: Gambling industry devastated by liquidity problems
I can only speculate here. But as previously highlighted in the example of the barbershop, you should expect some bigger margins that will be rolled over to players. If that happens, you should expect some lower odds that will affect your action.Camma23 wrote: Hi arbusers, you obvs know much more than us. What will be the major changes, in smart betting via Asia brokers, we could expect ?
This is of course on top of the liquidity issues as previously described.
But besides all these that could fall in the sphere of speculation, it seems to me that sporting and betting events will not be at the same numbers as before. Already, the season of 2020-21 will be very much compressed. Many countries announced the end of their championships in various sports including football and basketball. Some countries will not continue with the playoffs. In the compressed season of 2020-21, add a couple more compressed seasons that will definitely occur from the next World Cup that has to take place in Qatar during November-December 2022.
And of course, a new wave of Pandemic is always hiding in the corner.
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Re: Gambling industry devastated by liquidity problems
I spoke to one of the sharpest players worldwide the other day. To profile him quickly, the guy is active for 15 years now and made mid 8 figures in Euros. (Nothing to do with Charlatans that turned 1 euro to a million). He was able to keep his personal Bet365 account active for a decade with very heavy action fooling traders constantly. This guy now quits. There are 2 reasons for his decision. 1st, his gains created the safety and comfort he was looking for. 2nd, he thinks money will not come easy anymore.
I can understand both reasons. The first reason makes me happy, the second makes me sad.
I can understand both reasons. The first reason makes me happy, the second makes me sad.
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This claim makes no sense. If you win big money, you can not keep your bet365 account active for a decade.There is a limit to how much you can win at 365 before they get enough and limit you. It does really not matter how many "stupid" bets you might also do there. When you reach a certain win amount, they will stop you.arbusers wrote: He was able to keep his personal Bet365 account active for a decade with very heavy action fooling traders constantly.
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Agree with dk. Making huge money and b365 can’t stay in same sentence
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Re: Gambling industry devastated by liquidity problems
Smart betting can be associated only to pro betting and Asia. I’m sorry
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I've learned that you really can't believe anything from some anonymous guys. They can say whatever. Do you really now the guy? I just can't believe anyone can make like 40M EUR from bookies like Bet365. I heard some stories from very old times which I believe, but this seems like bulls...
"Arbusers" is an authority in the industry, I can imagine someone wants to impress you.
"Arbusers" is an authority in the industry, I can imagine someone wants to impress you.
Last edited by Trevorr on Thu Jun 04, 2020 8:53 am, edited 1 time in total.
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Even Asia is not that good anymore. Just look at what SBO and IBC have been doing the last 6 months. They can really not be considered sharp anymore in my opinion. Limits at Pinnacle and other places known as "sharps" have also been dropping for some time now. If it keeps going this way, the only way to make any real money will be by using multiple accounts for as long as you can.Camma23 wrote: Smart betting can be associated only to pro betting and Asia. I’m sorry