From illegal street bookies to online bookmaker offices

Probably not many of you were thinking before about the evolution of sports betting business. How the industry proceeded from bookmakers working in the streets keeping the books made of paper to the current automatized online betting systems. First of all the English word "bookmaker" is derived from that in the UK and later in the US the bookies registered the stakes in books.

This activity was illegal for a long time, but England realized that it would be better to legalize as soon as possible and gain tax incomes from it. Several decades before so called "high street bookmaker" shops appeared in England where everyone could bet within legal circumstances.

However in the United States the situation was completely different. Las Vegas, Atlantic City and a few other privileged cities were entitled to let legal betting organizations operate, so who wanted to bet, had to travel to one of these cities. Many had a passion for betting but at the same time it would have been impossible to go to Vegas every week, so the first illegal street bookmaker offices appeared. Since the risk was quite high because of the FBI raids, the smarts moved to Panama or Costa Rica and for the first time they started organizing bettings on phone which were booked in computers then. All of these off-shore companies made huge profits due to tax avoidance, so the FBI started persecution of these companies soon.

The next revolutionary step was the introduction of automated online betting systems which appeared at the end of the 1990s. Most street bookmaker companies in England also realized the business potential of the online betting "goldmine" so till the early 2000s dozens of companies made their services available online. The progress went further on, so today there are more than 100 online bookies but at most 20-25 really trustworthy companies.
The global online gambling market makes billion dollar profits annually. It has grown one of the most profitable automatized industries by now.
IMPORTANT - Those who are interested in 'syndicate' football tips, add me on facebook under "Sky Footballtips" .
BookieSamurai

All informations in this blog derives from various interviews and betting materials. The author of this blog takes no
responsibility for any demage or loss of any reader. Bet within your limits!

 

Having spent 8 years total working for the 3 largest online bookmaker companies in the UK,
I had the opportunity to experience step by step the mysterious world of sports betting. I had
always loves sports, and of course I soon developed a liking for betting as well, which gives me a
great adrenaline rush during matches.

I was 23 years old when I finished my university studies, and unlike most of my classmates, I
decided to try my luck abroad. Searching through foreign job sites, I came across a page that was
specifically offering positions at sports betting companies. Unfortunately, most companies were
looking for candidates with prior experience in sports betting, so in the end I made do with a
position in customer services.

And so began my 8 year tour into the world of sports betting. At that point I had no clue what
an important life-altering factor this little adventure would become. The great journey came to a
conclusion in May, and I decided to record my memories in the form of a blog.

Many of you are now probably asking: why did I give it up? You’ll find out soon enough!
Believe me, it’s worth the wait for the final twist, so there’s no reason why you shouldn’t follow
each blog post for the next 6-8 weeks.

Meanwhile, here’s a little sneak-peek of what to expect in the ex-bookie’s journal:

8 years’ worth of action through the eyes of a bookie;

Industry secrets that bettors haven’t a clue of;

• How do companies sniff out matches that may have been fixed and what do they do when
• they find one?
• How and where can you sniff out matches that may have been fixed?
• How do cheaters deceive sports betting companies and how can they protect themselves?
• How do bookies make their own profit off fixed matches and syndicate tips?
• The alliance between bookies and “Whales” – everyone stays happy;
• There is no such thing as a sure tip; but, “Asian handicaps” greatly increase your chances
• akeof winning;
• A crack in the armor? “Arbets” – 10% net profit / month;
• The golden rules of sports betting – heed them, or go broke!
• Major losses in sports betting – lack of self-control leads to bankruptcy;
• How I came into contact with a secret Asian betting syndicate;
• How you can join this secret organization with my help;

…and so much MORE!

IMPORTANT – if you are interested in my blog posts and syndicate football tips, the simply
send me a Friend Request on facebook to "Sky Footballtips."

BookieSamurai

P.S.: if you too, have developed a taste for a position in sports betting, then you can browse
through the pages below. http://www.bettingjobs.com/ http://betline.org/

All informations in this blog derives from various interviews and betting materials. The author of this blog takes no
responsibility for any demage or loss of any reader. Bet within your limits!