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What Happened to SBOBet ?

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Cenamoli
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Re: What Happened to SBOBet ?

Tue Jun 29, 2021 1:05 pm

apoel81 wrote:
Cenamoli wrote:
apoel81 wrote: Penta will never replace them. They simply follow pinnacle odds with +/- some percentage. Sbo and IBC were having their own odds, sometimes with big difference than pinnacle, different markets etc


You have right about Penta88 until now . But because i want to be positive  i hope to add more small leagues and more sports . I am very curious when we will have completely escaped from Covid -19 and all tournaments/championships will start normally without restrictions , if new bookmakers will appear or SBO & IBC slowly return as before on mollybet platform . Now the situation (talking about smaller football markets ) in mollybet  for me are disappointing , few number of matches on in-play and tiny limits  :(. Something have to change .
Personally i am not positive. I am afraid that in the next years situation will be even worse than now.

We know that sbo & ibc (which btw might be have same ownership (Paul Phua) under one article i read few years ago) get rid of european agents but they continue using asian agents. What is the diferrence? Asian agents are taking position on their bets while european agents doesn't. I assume asian agents are profiling bettors and get rid the winners so at the end only low value bets are directed to sbo and ibc. European bettors though doesn't kick you if you are a winner,  so asian bookies are forced to decrease limits in order to cover their asses. They first impose 50% PT, then 60%, then 90%. That why limits are now joke. Imo Asian bookies tried to force agents to take position (hence they will kick out winners) which doesn't seem to be happen with european agents. As a result, limits with european agents keep decreasing.

What i am expecting in the future is that ISN will follow sbo and sbo rute (they have already further descrease limits). If Sbo and IBC were loosing money from european bettors, doubt ISN are able to make profit from same bettors. Singbet are covering their asses via unfair voids so practically we will be left with pinnacle which has already reduced limits as well and also increased juice.

We have probably read the same article from blacksea about Paul Phua  ;) . I hope your scenario won't be true because this will mean the end of betting for many semi-pro or average players and it is impossible for Pinnacle  to continue running the industry almost alone for smaller leagues ( i'm sure  options  will be available for the big tournaments. )  What i was reading  that big Asians  bookmakers (SBO & IBC)  want as much turnover because in this way they ensure more profits was just a myth ? Because without european brokers their turnover have been reduced by a large percentage . And if asian brokers they cut limits for winners , now their turnover will be at their worst . So also they lose with all this situation , or not ?
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apoel81
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Re: What Happened to SBOBet ?

Tue Jun 29, 2021 5:42 pm

[/quote]
What i was reading  that big Asians  bookmakers (SBO & IBC)  want as much turnover because in this way they ensure more profits was just a myth ? Because without european brokers their turnover have been reduced by a large percentage . And if asian brokers they cut limits for winners , now their turnover will be at their worst . So also they lose with all this situation , or not ?
[/quote]

Reality shows that sbo and Ibc couldn't handle smart action from some channels, basically the action from european agents. Pinnacle model seems still working so far. They have low limits pregame but much bigger limits inplay. Sbo and Ibc though don't want any action at all so i assume they were loosing money from some channels, whatever strategy they tried.
Cenamoli
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Re: What Happened to SBOBet ?

Mon Jul 05, 2021 12:23 pm

What i was reading  that big Asians  bookmakers (SBO & IBC)  want as much turnover because in this way they ensure more profits was just a myth ? Because without european brokers their turnover have been reduced by a large percentage . And if asian brokers they cut limits for winners , now their turnover will be at their worst . So also they lose with all this situation , or not ?
[/quote]

Reality shows that sbo and Ibc couldn't handle smart action from some channels, basically the action from european agents. Pinnacle model seems still working so far. They have low limits pregame but much bigger limits inplay. Sbo and Ibc though don't want any action at all so i assume they were loosing money from some channels, whatever strategy they tried.
[/quote]

I don't think it is true that they couldn;t handle smart action .We are talking about perhaps the largest companies in betting community with many interfaces and a huge network around the world . What has probably changed is that they want to make more easily their  profits and of course more and more profits.Also in my opinion is very important and the time the agents chose to persecute them .Because is the same period  the pandemic in China began. Whatever the players do, they bookmakers  will be one step ahead .

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