|
Online sportsbooks
continue to get battered
The best of the bunch,
a la
BetCRIS aren't
afraid to admit when they are being crushed.
In business offshore since 1985, this is the oldest
and most solid of today's online sportsbooks
catering to the North American populous. They
can most certainly handle the barrage of gamblers
that have been killing them all NFL season long.
In fact, a book the likes of BetCRIS can probably
withstand one or two more seasons similar to this
one.
A book the likes of
fly-by-night Rich Coast Sports, which suddenly
closed shop this past week citing a heart attack
suffered by the struggling company's owner, simply
cannot withstand such an onslaught. We suspect
that many more bookmakers will suffer heart attacks
should the post season continue where the regular
season left off.
And hence the
reason why as the 2006 Super Bowl approaches,
Gambling911.com cannot overemphasize the importance
of playing only at
endorsed sportsbooks
(see the list here).
"You simply will
not find a Rich Coast Sportsbook advertising here,"
commented Peyton O'Brien, General Manager of
Gambling911.com. "We won't allow it!
Sportsbooks that advertise at Gambling911 must have
at least three years of online gambling experience
underneath their belt."
The 2005 NFL
regular season has been like no other. You
will be hard pressed to find a bookmaker who has
ever come across a worse Sunday than that which was
experienced just a few weeks ago.
And Christmas was
no kinder to the
online sportsbooks
either.
Christmas is the
time for giving, and
BetCRIS gave out
more than jolly 'ol St. Nick did this holiday
season!
In a press release
issued earlier this week by the company, BetCRIS
stated that the whole week was a grind with some
difficult results to overcome. The College football
Bowl games were great for the favorite bettors with
all 6 favorites winning and three covering the
spread and one landing on the number. Those numbers
are hard for a bookmaker to recover from, let alone
Sunday's Christmas day NFL disaster games!
NBA was one silver
lining for the bookmakers, but college basketball
turned helped in offsetting the balance this week
with the public had a win finally.
"The public's best
Bowl win at our expense was California beating out
BYU 35-28," commented Shane Catford of BetCRIS.com.
"California by 7 points was the worst result for us
as we opened Cal a 6.5 point favorite and closed
them higher at 8 points, so we had lots of people
buying down to 7 points either way, so a 7 result
wasn't good for us."
Despite Green Bay's
horrid record this season, the betting public
attacked the Bears/Packers game hard, and
unfortunately for online sportsbooks like
BetCRIS.com, they attacked the Chicago Bears harder.
"The worst result
by far I have seen at Betcris for a long, long time.
Chicago opened a 3.5 point favorite and received
huge money to close up at 7 points. All the Green
Bay money we could get was at either +7 or even +7.5
points. We already new that nearly every single
Teaser was placed on Chicago aswell, so we really
needed a result which was NOT Chicago wining by 7
points, alas we got the worst result. It was nice
Christmas present for everyone who bet this game.
Result- Chicago 24-17."
But alas the smart
online sportsbooks have something to look forward to
in
the 2006 World Cup.
Soccer traditionally allows for double the profit
that is normally achieved through the NFL and
college season, which in this case should be
something as opposed to nothing.
The World Cup is still a long ways off, however,
June to be precise.
This is a waiting
period that smaller less established online
sportsbooks can ill-afford to deal with, unless
things suddenly turn around for the better during
the post season.
"It doesn't take a
rocket scientist to see that Gambling911.com is all
over the Web," said O'Brien. "At this stage in
the game one should question why a sportsbook would
not be endorsed by Gambling911. With the
exception of the more established European
sportsbooks, nine times out of ten it is probably
because they haven't been around long enough."
For a full listing
of Gambling911.com's
ENDORSED ONLINE SPORTSBOOKS
GO
HERE
-----
Christopher
Costigan,
www.gambling911.com
Originally
published December 30, 2005 7:36 am EST
Related Articles
Online sportsbooks call NFL
Week 13 Black Sunday
Online gambling
"watchdog" takes on role of sick puppy in
debacle
Online sportsbooks
|