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Old 07-13-2018, 03:48 PM   #1036
upthecreek
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Old 07-13-2018, 04:10 PM   #1037
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i have no idea how much juice they are charging in baseball. if its a twenty cent line the expected gross profit is something like 4.54%. after paying off the state and the expenses to run the place, the people that are doing the booking are working on a very skinny margin when all they do for a month is $17 million.
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Old 07-13-2018, 09:27 PM   #1038
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i have no idea how much juice they are charging in baseball. if its a twenty cent line the expected gross profit is something like 4.54%. after paying off the state and the expenses to run the place, the people that are doing the booking are working on a very skinny margin when all they do for a month is $17 million.
According to the article, Monmouth's hold was 11.4%, which my limited understanding of sports betting suggests is not sustainable. Total handle for the state was $16.4 million for 17 days. Monmouth did $8.2 during that period.
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Old 07-14-2018, 12:02 PM   #1039
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i have no idea how much juice they are charging in baseball. if its a twenty cent line the expected gross profit is something like 4.54%. after paying off the state and the expenses to run the place, the people that are doing the booking are working on a very skinny margin when all they do for a month is $17 million.
that was for 17 days. 1,000,000 a day.

on line wagering will increase the handle.

william hill runs sports books in Nevada and know what they are doing.

allan
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Old 07-14-2018, 03:36 PM   #1040
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that was for 17 days. 1,000,000 a day.

on line wagering will increase the handle.

william hill runs sports books in Nevada and know what they are doing.

allan
Allan you have any info when online wagering will begin and how/ where it will be offered?
I haven't read anything
Thanks
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Old 07-14-2018, 03:59 PM   #1041
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that was for 17 days. 1,000,000 a day.

on line wagering will increase the handle.

william hill runs sports books in Nevada and know what they are doing.

allan
Of which zero goes to the horseman what a great deal Drazin and his grpup cut!
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Old 07-14-2018, 09:39 PM   #1042
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Of which zero goes to the horseman what a great deal Drazin and his grpup cut!
Many people were pissed at the vigs on today's baseball games. Better odds were being offered at Monmouth.
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Old 07-14-2018, 09:47 PM   #1043
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Many people were pissed at the vigs on today's baseball games. Better odds were being offered at Monmouth.
What were the vigs on today's games?
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Old 07-15-2018, 08:45 AM   #1044
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What were the vigs on today's games?

I don't see the first part of ronsmac's post but if he was referring to fanduel at Meadowlands there were grumblings, see attached,

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Old 07-15-2018, 09:52 AM   #1045
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Of which zero goes to the horseman what a great deal Drazin and his grpup cut!
None of what the online piece or all of it? When Monmouth Park was asked by TDN how much went to the horsemen, through its spokesman Luicci the track said "no comment".
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Old 07-15-2018, 11:12 AM   #1046
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None of what the online piece or all of it? When Monmouth Park was asked by TDN how much went to the horsemen, through its spokesman Luicci the track said "no comment".
Only sw bets taken at the track result in a revenue stream for the horseman. As I said great deal for the horseman and a better deal for Drazins group.
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Old 07-15-2018, 12:00 PM   #1047
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Allan you have any info when online wagering will begin and how/ where it will be offered?
I haven't read anything
Thanks
Well betfair/FanDuel and will hill, natch, bet365 made a deal.

From what I have heard rumors, end of August.

All vendors will have to be licesced by the Njge which is a time consuming

Allan
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Old 07-15-2018, 12:02 PM   #1048
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Many people were pissed at the vigs on today's baseball games. Better odds were being offered at Monmouth.
FanDuel has zero experience running a sports book. Will hill will eat them for lunch with those vigs.

Allan
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Old 07-17-2018, 01:05 AM   #1049
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Video of a guy already getting banned in NJ for winning too much is circulating on twitter.
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Old 07-17-2018, 01:23 AM   #1050
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Video of a guy already getting banned in NJ for winning too much is circulating on twitter.
The ink isn't even dry on the high court's decision-form yet...how much could this bettor have won?
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