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#1
01-11-2007, 06:04 AM
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I just withdrew as well.
Fairly significant news. 
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#3
01-11-2007, 07:03 AM
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Thanks for ruining my day.
This sucks complete as.s.....What a joke Congress was for passing a bill like this to begin with.
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#4
01-11-2007, 07:08 AM
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Quote:
--Dunbar
__________________
Curlin and Hard Spun finish 1,2 in the 2007 BC Classic, demonstrating how competing in all three Triple Crown races ruins a horse for the rest of the year...see avatar photo from REUTERS/Lucas Jackson
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#6
01-11-2007, 07:58 AM
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So
1) I wouldn't TRUST a single online sportsbook for a while. Others will not be as trustworthy as Pinnacle is being. I would get out NOW of places like 5Dimes, Greek, BetCris. Even though they are probably still accepting wagers, it won't be as easy as Pinnacle is making it to get your money.
2) Dunbar knows ALOT about online companies and online wagering, so he will be the first person to know about an alternative 3) Something had to happen at the WTO as Antiqua was fighting that bill, and for them to immediately pull out like they did, during their biggest gross wagering time of the year, doesn't bode well for the industry, whatsoever. 4) Dunbar, FIND ME A REBATE SHOP......
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#7
01-11-2007, 08:12 AM
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Scavs is not underestimating this. It is a disaster, especially as a horse player. Getting a book this solid, with no worry on my part, with a rebate will be nearly impossible.
I have a NFL future pending and now I can't hedge it either. 10gs or nothing. That sucks.
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#8
01-11-2007, 08:28 AM
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Quote:
The 'connected' loves this move, Pinnacle was popular enough to get mentioned on the Sopranos
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#9
01-11-2007, 08:30 AM
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Quote:
I know a few "guys." Haven't used them in some time and don't like to. Plus we would be talking about a serious hedge if they get to the dance....May take my chances or just cover the principal bet.
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#10
01-11-2007, 10:04 AM
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Quote:
Still, I am not excessively concerned about TheGreek and CRIS. These two books have been solid from before Pinnacle became the dominant market force, and I have to think that in the longrun Pinnacle's departure will help the bottom line of shops like TheGreek and CRIS that do not offer discount vig. 5Dimes has always seemed very well run, but they have never had the reputation of CRIS or TheGreek. I would be very conservative with my balance at 5Dimes over the next few months. I would not hesitate to use them, however. In the short term, the post-Superbowl period is the shakiest period for sportsbooks EVEN UNDER NORMAL CIRCUMSTANCES. Therefore, I would advise getting out of everywhere now, and not going back in until a month after the Superbowl. By that time, it will be clear which books have weathered the inevitable storm. If CRIS and 5Dimes have survived, I would not hesitate to get back into those books at that time. 5Dimes and CRIS are the best alternatives to Pinnacle. 5Dimes's 10% bonus on winning exotic and win bets is better than Pinnacle's 7% rebate, pretty much regardless of how good of a capper you are. HOWEVER, the 5Dimes bonus does not appy to place and show bets, and it only applies to tracks that 5Dimes lists as "major". The most glaring omission from that list of "major" tracks is Oaklawn Park. Another downside of 5Dimes is that they close betting about 2 minutes before post. CRIS pays rebates in a similar fashion that Pinnacle did. CRIS pays 8% on all exotics and 3% on WPS, but no rebate on place/show payoffs of $2.20 or less. So CRIS was already much better than Pinnacle on exotics at NY tracks, but is not nearly as good as Pinnacle on WPS, especially at non-NY tracks. --Dunbar
__________________
Curlin and Hard Spun finish 1,2 in the 2007 BC Classic, demonstrating how competing in all three Triple Crown races ruins a horse for the rest of the year...see avatar photo from REUTERS/Lucas Jackson
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