Bet Casino

BetCris.com Opinion on Price Per Head Explored

2005-06-21T15:24:00.000-07:00

BetCris.com Opinion on Price Per Head Explored

Featuring Dalton Wagner, Founder V.O. Group, S.A.

The concept of Price Per Head Agency or Outsourcing Bookmaking to an Offshore Sports book has become popular recently. By using software written by offshore sports books, agents or illegal credit bookmakers have the ability to outsource the writing of their business to companies like www.BettorsNet.com. Therefore, the agent or bookmaker simply points their clients to a phone number and/or website and allows them to bet with a simple Pin/Password system. The agent or bookmaker then pulls reports at the end of the week, and pays or collects what the client won or lost. The only money that trades hands between the agent or bookmaker and the service provider is a simple Price Per Head service fee.

This new system is a departure from the way it used to work in which the agent would split the winnings or losings with the offshore sportsbook.

Obvious benefits of the Price Per Head Agency relationship are (i) improved earning potential for the agent, (ii) decreased legal exposure for the agent, (iii) increased customer service for the agent’s clients, and (iv) ability for the agent to do something other than answer wagering calls (they actually get time to enjoy the money they are earning).

There has been much debate over which of the two methods is better for the partner agent or bookmaker. In an effort to get to the bottom of this, we attempted to contact the dominant player in each of the models:

· Revenue Split Model: The owners of www.BetCris.com (Costa Rica International Sportsbook is a well known offshore credit bookmaker who operates only on a revenue split model) were contacted but refused to return our call or comment;

· Price Per Head Agency Model: Dalton Wagner, proprietor of V.O. Group, S.A. and BettorsNet.com (one of the largest offshore gambling operators who only operates on a Price Per Head basis when dealing with credit agents) was contacted and agreed to be interviewed.

Unfortunately, since only one of the persons contacted agreed to participate, our interview will show mostly his view. However, we did our best to probe the positives and negatives of each model.

Post-Up Newsletter: The Price Per Head model appears to be the most appropriate model for an agent or bookmaker to maximize his revenue. Why then are companies like www.BetCris.com so against them?
D. Wagner: The answer is simple dollars and cents. If you have a client that loses $10,000 in a week and you have a Price Per Head Agency relationship with www.BettorsNet.com, you will simply need to pay your service fee of $25-$30 for that client using our service. However, if you are using a revenue split relationship, you will have to fork over $5,000. So, in the example you provided, companies like the one you mentioned are in danger of losing $4,970 in revenue if their agents find out about PPH.

Post-Up Newsletter: Yes, I understand the math, but when speaking to companies like www.BetCris.com they act as if the PPH industry is putting the offshore industry in danger. They speak of people like you as if you had the plague. Why?
D. Wagner: I know the gentleman that owns Bet Cris. I know the guys who run Bet Cris. They are the best in the world at what they do. There is no way I would dispute that and no way anyone would dispute that. But, BetCris.com can not exist by taking all of their revenue split relationships and having them converted to PPH. So, if I had to guess, they act that way because I am endangering their way of life. I have actually had conversations with the owner of BetCris.com and he firmly feels that he provides his agents a better opportunity to earn more, therefore he feels his much higher price is warranted. I don’t know if I agree, but I think it best for my reputation to speak for itself. The fact is that I have NEVER had an agent or bookmaker come to me who switched to PPH from revenue split EVER GO BACK. 100% of the people who have tried my service are still with me from day 1. That shows me that agents do not agree with BetCris.com. They think the service is comparable and they think the earning potential is greater with www.BettorsNet.com.

Post-Up Newsletter: I am lost. Why does the owner of BetCris.com feel he provides his agents a better opportunity to earn more? The math seems obvious.
D. Wagner: Actually, I agree with him in one way and one way only. If an agent is weak and is booking ‘over his head’ (an industry term that implies the bookmaker or agent is taking more risk than they can afford in the long term), then a partnership with www.BetCris.com can be a positive thing. Not only do you share 50% of your revenue with them on a revenue split relationship, but you also share 50% of the risk. So, if you are an agent that has a bettor that wants to bet $5,000 a game, and you can only afford to book $2,500, then a partnership with Bet Cris is a good thing and will allow you to stay in business longer. You should never ever book over your head.

Post-Up Newsletter: Oh, I see. So that is an example of an agent you would tell to use a revenue split model, right?
D. Wagner: Yes. And, No. Yes, if the agent plans on booking over his head for the long term. No, if he can cut his client down to an acceptable level and keep all the profit for himself. Then, when the agent or partner bookmaker has a large enough bank roll, he can open the client up to the larger wagers. I still believe, and I believe the math proves that PPH is always bettor for the agent.

Post-Up Newsletter: Are there any other Price Per Head agency companies that you would recommend?
D. Wagner: Absolutely NOT. Please print that in big bold letters. It is difficult for any company in our industry to survive. The overhead is huge. Most Price Per Head companies have come to Costa Rica or Panama or Antigua to try and compete with just Price Per Head revenue. Trust me, I have been doing this for 7 years, and PPH does NOT generate enough for survival. You have to build a relationship with a company that has a huge staff, technical know-how, tri-dundant phones, tri-dundant internet service, millions of dollars in investment in hardware and software – and, we are the only ones that have it at the current time. Why? Because we have been operating major post-up brands for years. We are one of the most successful operators offshore and we are able to write PPH as a sideline business. We could NEVER survive on PPH alone. And, anyone who says they can, is lying to you. The guys who say they can write business at $17or $20/head are on their way out – they just don’t know it yet.

Post-Up Newsletter: So how does a bookmaker or agent learn more about this?
D. Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

Additional Information on the Companies Mentioned Above:

· As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has survived multiple buyout attempts and maintains one of the largest privately held offshore gaming companies in the industry. While the rest of the industry is going public and being required to provide more and more information in a public format, Mr. Wagner’s privately held company is a favorite associate and partner for bookmakers and agents onshore. Privacy is one thing you never have to worry about when dealing with Dalton and V.O. Group, S.A. With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998. While most companies formed that late failed, V.O. Group, S.A. has become one of the top 10 most admired offshore companies (as measured by Online Gambling Magazine; Post-Up Newsletter; Offshore Operator Industry Magazine; and Many other Publications). If you are looking for a Price Per Head Agency relationship, there is no place better online or offshore.

· BetCris.com is considered the undisputed leader in offshore credit bookmaking. The owner of the company has been called the Godfather of the Offshore Bookmaking Industry in many publications. It is estimated that 90% of Costa Rica International Sportsbooks revenue is generated via revenue splits with Partner Agents and Bookmakers. If you are looking for a Revenue Split relationship, there is no place better online or offshore.

Benefits of Price Per Head (PPH)

2005-06-21T15:23:00.002-07:00

Benefits of Price Per Head (PPH)
Exploration & Quantification

Q & A with
Dalton Wagner, Founder V.O. Group, S.A.

Dalton Wagner, Proprietor of V.O. Group, S.A. has found a great deal of success by tripling his bottom line profit numbers with the addition of what has been called the Greatest Price Per Head Offering online. While his Board of Directors and Investors are thrilled, we wanted more than vague statements – we wanted facts. We recently caught up with Dalton in San Juan, Puerto Rico while he was on vacation at El Conquistador Hotel and Resort. Our goal was to Explore and Quantify the actual benefits that a Price Per Head (PPH) Agency Relationship offers the bookmaker, agent or entrepreneur.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has survived multiple buyout attempts and maintains one of the largest privately held offshore gaming companies in the industry. While the rest of the industry is going public and being required to provide more and more information in a public format, Mr. Wagner’s privately held company is a favorite associate and partner for bookmakers and agents onshore. Privacy is one thing you never have to worry about when dealing with Dalton and V.O. Group, S.A. With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998. While most companies formed that late failed, V.O. Group, S.A. has become one of the top 10 most admired offshore companies (as measured by Online Gambling Magazine; Post-Up Newsletter; Offshore Operator Industry Magazine; and Many other Publications).

The Offshore Operator: We have heard about all of the success you have found with the best Price Per Head (PPH) offering in the offshore gambling industry. However, we are not hearing actual numbers. Can you tell us how many clients you are now writing business for?
Dalton Wagner: As you know, the answer really depends on the season you are speaking about. In football season, we are now writing about 7,500 PPH clients a week (7,500 clients of our partner agents which outsourced the writing of their bets via our service and software). And, in baseball season we have historically written only half of that number. But, there is a very favorable trend occurring for our Agent and Bookmaker Partners. Since the addition of our Horse Wagering at over 300+ tracks and Two Casino Platforms with over 35 games, we are now seeing an increasing number of clients playing year-round. This, as you know, makes our Agent and Bookmaker Partners very, very happy.

The Offshore Operator: 7,500 PPH clients clearly makes you the largest PPH provider offshore. What do you attribute your success to?
Dalton Wagner: I am not sure we can find one distinct reason for our success. But, I can tell you what our Agent and Bookmaker Partners tell us. On average an Agent or Bookmaker partner doubles his revenue when he switches his clients to our service. The reason for this is access to 24-hour wagering online or via our call center, about 700% more wagering options when you look at our period wagering and propositions, and the addition of two casinos and horses has not hurt either. So, if you are a bookmaker or agent making $200k a year, you can reasonably expect to make $400k a year using our service. It is virtually guaranteed.

The Offshore Operator: Dalton, you are famous for making that kind of statement. But, can you back it up with quantifiable numbers?
Dalton Wagner: Absolutely I can. Ask me what you would like.

The Offshore Operator: OK. Let’s start with examples of how you can guarantee a 200% increase in earnings for Partner bookmakers or agents?
Dalton Wagner: Easy enough. In the United States, Mexico and Canada the typical credit bookmaker offers lines on games and totals. Sometimes they offer money lines too – but, rarely. And, these same bookmakers do not offer period betting or propositions. Furthermore, they take wagers only over the phone and only 2-4 hours a day. If you use our Price Per Head Software, you offer spreads, money lines, totals, half-time spreads, half-time money lines, half-time totals, quarter lines, propositions, and we allow access to betting 24-hours a day; 7-days a week; 365 days a year. In summary, I can safely say we offer 600% of the access time a normal credit bookmaker would provide as we are opened 24 hours compared to 4 hours. And, I can safely say we offer 700% more wagering options. These increases of 600% in access and 700% in wagering options easily equate to 200% more revenue for the partner bookmaker or agent.

The Offshore Operator: I understand, but I don’t necessarily agree. For example, if I am a credit bettor and I have $200 to lose, does it matter that I can access your site 24-hours a day?
Dalton Wagner: That question shows that you are not a bookmaker or agent. The reason is, the answer is ABSOLUTELY YES. If you compare a post-up client to a credit client, the credit client will typically lose 3-5x what the post-up client will. The reason is access. If you give a client access to credit, and access to use the credit, he will use it. Heck, forget about that example…if you are married and your wife has a credit card, you know that. The fact is as you allow more access to betting options and credit, the client will lose more. And, my current partner bookmakers and agents report to me that they typically double their earnings within weeks after joining my service.

The Offshore Operator: OK. That makes more sense to me. How about the casino, how does that affect the partner bookmaker or agents earnings?
Dalton Wagner: The online casino is relatively new to partner bookmakers and agents. The fact is that in the past, agents were scared to open up their clients to online casinos. The reason is that when clients lose in sports – they know they were treated fairly. However, when they lose in an online casino, for some reason their first reaction is “I was cheated”. However, as integrity in online gaming has risen over the years, so has trust in online casinos. For this reason, you are starting to see partner agents and bookmakers open their clients up to our two online casinos. And, boy, when they do – they are very happily surprised. An online casino allows wagering 24-hours a day. This means revenue potential for the agent or bookmaker 24-hours a day. It’s nice to run your reports in the morning and realize you made an extra $20,000 while you were sleeping! We estimate that when a partner agent or bookmaker opens up his clients to our casino, they will make an extra 15%-20% a year. This is purely earned off casino winnings.

The Offshore Operator: Fifteen to Twenty percent a year is nothing to laugh at. What about the horses?
Dalton Wagner: The horse product we have offers 300+ tracks including harness, thoroughbred and dogs. It is not just horses. Typically when the partner bookmaker or agent opens it up, adoption is slow. But, people who bet horses and dogs, love to bet horses and dogs. It is not rare to see a client who likes the ponies to double his daily action. And, as any bookmaker knows, in sports you hope to hold 6% on turnover. Well, in horses you hope to hold 20%. The difference in expected hold is where the value is in horses.

The Offshore Operator: Wow! So, having all the offerings really does matter doesn’t it?
Dalton Wagner: What I am selling is access – pure and simple. My goal is to take a partner agent or bookmakers clients and put them in the candy store 24-hours a day surrounded by all of their favorite treats. And, as you know, when any of us are put in that situation, we will indulge. And, they do.

The Offshore Operator: Have you ever had anyone become a partner Agent or Bookmaker and leave because they did not like what you had to offer?
Dalton Wagner: That is a very interesting question. The fact is, and I should have used this in the past know that I think about it, the answer is NO. As a matter of fact, every single person to use our service or try our service has been with us since initiating trial. We really are, without exaggeration, at 100%. Thank you for pointing that out to me.

The Offshore Operator: How could you not have known that?
Dalton Wagner: Embarrassingly, I never thought about it. I have always said “try it, you’ll love it”. But, I guess I never looked at the quantifiable fact – NOBODY HAS EVER TRIED OUR SERVICE AND LEFT OUR SERVICE they’re clients love it, the agents love it, and the agents make more than ever before – so they stay around!

The Offshore Operator: So how does a bookmaker or agent learn more about this profitable product?
Dalton Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information. V.O. Group, S.A. sites include www.BettorsNet.com; www.MVPsportsbook.com; www.V-Wager.com; www.Players-SB.com; etc.

Success With Price Per Head (Small Sportsbook Success)

2005-06-21T15:23:00.001-07:00

Success With Price Per Head (Small Sportsbook Success)

Case Study in Small Sportsbook Success via Use of Price Per Head (PPH) Software Written and Owned by V.O. Group, S.A., the most successful offshore sportsbook in Costa Rica.

Price Per Head vs. Small Sportsbook Operation

Featuring Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of being the most innovative operator in offshore gaming. His most recent innovation has allowed small sportsbooks to outsource their complete operation to V.O. Group, S.A. while focusing completely on marketing. With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998. While most companies formed that late failed, V.O. Group, S.A. has become one of the top 10 operators offshore (as measured by AnteUp; Gambling Online Magazine; Poker Player Magazine; and Many other Publications).

Playing Poker Online Magazine: Recently we have been told that V.O. Group, S.A. is now allowing small sportsbook operations to outsource the complete writing of their business to your organization. How is this possible?
Wagner: The situation you speak about is 100% true. However, has only happened one time in our history.

Playing Poker Online Magazine: Can you be more specific?
Wagner: When an offshore sportsbook starts, in 99% of all cases it will fail in the first 24 months of operations given the current market conditions. Examples are everywhere from The Dunes, Platinum, Super Sports Book, etc. It happens every single year. In the past, large sportsbooks like MVP Sportsbook or V-Wager.com would swoop in and try to save the books via financial help or simply buy them at a low price. Well, V.O. Group, S.A. now offers another more innovative solution.

Playing Poker Online Magazine: OK. You’ve got me, explain!
Wagner: We write business for onshore bookmakers and agents charging them a simple price per head per week. This price takes into consideration our considerable economies of scale and a small profit margin. In the case you are speaking of, instead of buying the sportsbook for a low cost that basically sent the owners home broken hearted and with empty pockets, we cut them a deal where they could focus on marketing and leverage off of our economies of scale. Simply put, we took over writing their business for them, and they now focus their limited resources on marketing 100% of the time.

Playing Poker Online Magazine: That sounds like snake oil. How exactly would that work?
Wagner: We don’t sell snake oil. The facts speak for themselves. When V.O. Group, S.A. opened it’s doors in 1998 the market was different. You could recruit players, write their business, and make a profit in years one, two and three. With the current market conditions, there is NO WAY a start up credit or post-up book can be profitable in year one, two or three without 2,000 head a week in business. That is the theoretical breakeven point. If you are writing less than 2,000 head a week, you can double or triple your net earn by letting V.O. Group, S.A. write your business.

Playing Poker Online Magazine: OK. That makes sense because in 1998 and 1999, it was cheaper to find a new client. Is that where the difference in earnings comes from?
Wagner: The fact is yes, that is where the difference is. But, that is not our selling point. Our selling point is that if you stop worrying about writing business and let us do it, you can focus on marketing – which is the key to the success of an online sportsbook. And, that is the simple fact for credit bookmaking, post-up bookmaking and future success in this industry. As long as you think ‘beating the clients’ is the key, you are limiting your business. Let our company worry about that – and, you find clients. Spend your time finding clients and you will make money.

Playing Poker Online Magazine: The theory is sound, but what about the facts?
Wagner: The owners of the sports operation in question do not want me to be specific about whom they are. But, let me simply say that when we took over their operations, they could not even make the post-up money good. Now they have $1.4 million in the bank. So, yes, the facts do follow the theory.

Playing Poker Online Magazine: Wow! That is incredible. Can any poker room, casino, racebook or sports book do this with V.O. Group, S.A.
Wagner: Yes. We have programs for all online products except for bingo. And, by 2006 we should be able to offer options for even bingo operators..

Playing Poker Online Magazine: So how does a bookmaker or current operation learn more about outsourcing their operations to V.O. Group, S.A.?
Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

Article Note: The situation in this Case Study is a true case, however may not be representative of your situation. All situations are different and therefore may result differently.

Success With Price Per Head (One Agents Story)

2005-06-21T15:23:00.000-07:00

Success With Price Per Head (One Agents Story)

Case Study demonstrating one agents success via Use of Price Per Head (PPH) Software Written and Owned by V.O. Group, S.A., the most successful offshore sportsbook in Costa Rica.

Price Per Head vs. One Agents Old Operation

Featuring Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of being the most innovative operator in offshore gaming. His most recent innovation involves the direct attack upon the Onshore Bookmaking market via the unique value proposition of actually partnering with Bookmakers and Agents onshore (as opposed to attempting to steal their business). With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998. While most companies formed that late failed, V.O. Group, S.A. has become one of the top 10 operators offshore (as measured by AnteUp; Gambling Online Magazine; Poker Player Magazine; and Many other Publications).

Sports Betting Business: The ‘buzz’ in offshore gambling appears to be focusing on only two subjects as of late, including: Poker and Your Price Per Head Offering. What exactly is Price Per Head and Price Per Head Agency?
Wagner: As you know, one market that a post-up sportsbook has historically been unable to attack is the huge market of bettors that have been betting with their local guy for years (local guy = agent or corner bookie). The reason this market exists is the personal relationship that an onshore bookie or agent has with his clients. Sportsbooks have attempted to educate the player and lure him away from the local bookie, however V.O. Group, S.A. has decided to take another tact. Via our Price Per Head software written by Matthew Wilson, we have been able to PARTNER with onshore bookies or agents with our Price Per Head Agency Relationship.

Sports Betting Business: You called us with a specific Success Story that you said Had To Be Told Immediately! What in the heck could be so important?
Wagner: As the industry knows, we have been pushing Price Per Head Agency for a while now. We have a story that has to be told…it is that simple!

Sports Betting Business: OK. Go ahead and tell the story!
Wagner: The story starts with a gentleman named Paul Harris in Austin, Texas who is was a small town bookmaker making $250,000 a year in income.

Sports Betting Business: I already see where this is going. Now you are going to tell me of how V.O. Group, S.A. leveraged your PPH software and relationship with Paul to make him 30% or 50% more. Right?
Wagner: No, that is not the story at all. While 50% would truly be something to celebrate, it does not compare to this story!

Sports Betting Business: Stop already. Tell the story.
Wagner: Mr. Harris contacted V.O. Group, S.A. through our BettorsNet.com brand in August 2004, right before football season. After three phone calls we switched his 75 players from playing through his cell phone to playing via our website and call center. And, with the increased availability to the product, more offerings, and all the other items BettorsNet.com brings, guess how much Paul made?

Sports Betting Business: Well, since you did not bite on 50% more, I will say 100% more. But I doubt it!
Wagner: Yea, I doubt it too. How about 350% more. That’s right! I just ran the reports for Paul Harris and up to February 1, 2005, Paul has made $750,000.00.

Sports Betting Business: Wait, $750,000 is a hell of a lot more than 350% more. Isn’t it?
Wagner: Actually, if you take into consideration the decline we will see after the end of March Madness, he should easily make $1,200,000 this year. But, I didn’t want to overstate the facts!

Sports Betting Business: Are you telling me that by having you take the phone calls and do the accounting for Mr. Harris you made this difference in his life?
Wagner: That is exactly what I am saying!

Sports Betting Business: Was he that bad of a bookmaker?
Wagner: Well, I think we are better – but, he was fine. The increase doesn’t come from us beating his players more than he did. The increase comes from the product being available 24 hours a day and our company having more offerings. And, the secret ingredient helps too!

Sports Betting Business: Oh, I see. Instead of having his cell on for a few hours a day, you put the product in front of his clients all day and night for the buying. I see. But, what is the ‘secret ingredient’?
Wagner: The availability will make a person 100% more over night. But, the secret ingredient made the difference for Mr. Harris. And, the secret ingredient is TIME.

Sports Betting Business: OK, I am lost again. What does that mean?
Wagner: Paul Harris used to set lines, answer phone calls, watch games, grade wagers and keep figures. He did it so well, and so often he already lost his girlfriend. He simply spent all of his time operating as a bookie. When we took over, he became a RECRUITER. All Paul does now is sit in bars and recruit business. We write the business, and Paul grows his business daily. That is the secret ingredient.

Sports Betting Business: Ah, I see. He no longer spends time on the items that cost time and money…he spends his time on what makes him money – recruiting players!
Wagner: Christ! Your brilliant! It typically takes a bookmaker or agent about 3 months to figure that out. But, you, like Paul Harris already figured it out. You recruit, and I will beat them. Therefore the only thing that matters is getting more clients. The more you get, the more you will make.

Sports Betting Business: Of course I get it. That’s the Las Vegas model. Build in an edge and then find as many people to bet against the edge as possible. It’s simple!
Wagner: You sure make it sound simple. But, most bookies are stuck in the mode of trying to ‘beat the players’. The fact is that all you have to do is get a new client or two every day and you will be a millionaire over night. Simply ask Paul Harris who is on campus at University Of Texas recruiting players on 6th Street right now.

Sports Betting Business: So how does a bookmaker or agent learn more about this?
Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

Success With Price Per Head (Agent Success)

2005-06-20T10:00:00.000-07:00

Success With Price Per Head (Agent Success)

Case Study in Agent Success via Use of Price Per Head (PPH) Software Written and Owned by V.O. Group, S.A., the most successful offshore sportsbook in Costa Rica.

Price Per Head vs. Dollywood Sportsbook

Featuring Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of being the most innovative operator in offshore gaming. His most recent innovation involves the direct attack upon the Onshore Bookmaking market via the unique value proposition of actually partnering with Bookmakers and Agents onshore (as opposed to attempting to steal their business). With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998. While most companies formed that late failed, V.O. Group, S.A. has become one of the top 10 operators offshore (as measured by AnteUp; Gambling Online Magazine; Poker Player Magazine; and Many other Publications).

Online Gambling: The ‘buzz’ in offshore gambling appears to be focusing on only two subjects as of late, including: Poker and Your Price Per Head Offering. What exactly is Price Per Head and Price Per Head Agency?
Wagner: As you know, one market that a post-up sportsbook has historically been unable to attack is the huge market of bettors that have been betting with their local guy for years (local guy = agent or corner bookie). The reason this market exists is the personal relationship that an onshore bookie or agent has with his clients. Sportsbooks have attempted to educate the player and lure him away from the local bookie, however V.O. Group, S.A. has decided to take another tact. Via our Price Per Head software written by Matthew Wilson, we have been able to PARTNER with onshore bookies or agents with our Price Per Head Agency Relationship.

Online Gambling: OK. Be more specific. How does a Price Per Head Agency Relationship Work?
Wagner: Price Per Head Agency is based on the very fair and equitable agreement between an onshore bookie and an offshore bookmaker. The deal is based on the onshore bookie recruiting players and the offshore bookmaker setting lines, writing the business and handling all accounting for the onshore bookie. And, all the onshore bookie does is simply pay the offshore bookmaker an agreed upon price per head per week.

Online Gambling: So, opposed to paying the offshore bookmaker a percentage, they simply compensate them a fixed price.
Wagner: Absolutely. The fact is that offshore sportsbooks have been gouging the onshore bookie or agent for years. Our offering stops that action in it’s tracks.

Online Gambling: Gouging! That is a pretty strong comment. Can you back that up?
Wagner: Let me give you an example…and, you judge for yourself. The example of Jeff W. in San Jose, California comes to mind. Jeff contacted V.O. Group, S.A. in early October 2004 when he was writing 72 head of business making an average of 12 wagers a week of $152. Rather, his turnover per client was an average of $1,824.00 a week. Via his agreement with a sportsbook we will call Dollywood, he was splitting his earnings 50/50. Once he shifted the business through BettorsNet.com, he was paying $30 a head a week. So, would you call this gouging?

Online Gambling: Actually, the numbers sound good. But, I have to admit, I am not sure. Can you help me understand better?
Wagner: That is very good answer. Let me simply do the math for you to illustrate the facts, and then you will have a much clearer set of information to deal with. If your average player bets $1,824.00 a week on just straight bets, you should have a minimum hold of 4.5% (parlays, teasers and props have a MUCH HIGHER HOLD). So, that means you should make $82.08/person ($1,824.00 x 0.045). Then, multiply this by the number of head equals a theoretical earn of $5,909.76 ($82.08 x 72). So, this means he would make $2,954.88 per week and Dollywood would make $2,954.88 per week.

Online Gambling: Well, $2,954.88 per week sounds pretty strong if you ask me How does this compare to his using BettorsNet.com?
Wagner: When Jeff started using BettorsNet.com, we simply charge him $30 a head a week. Rather, $30 times $72 is $2,160.00, representing a savings of $794.88 a week, or $41,333.76 a year.

Online Gambling: So, by Jeff W. switching to V.O. Group, S.A. or BettorsNet.com he was able to make an extra $41,333.76 a year?
Wagner: No. Actually, he made $25,000 in the first three months because most of his players are far worse than the theoretical averages. Almost every one of his players bet a proposition or a teaser or a parlay at least once a week. And, holds on those bets are far greater than 4.5%. On top of that, his players also play in our racebook and casino losing much, much more than 4.5%.

Online Gambling: Oh, I see. If he would have used Dollywood, he would have simply split more profit with them. But, via BettorsNet.com, he was able to keep 100% of the extra earn because he had already compensated you for the $30/head.
Wagner: That is exactly correct. Jeff W. came down in January 2005 and I took him sail fishing. It is the first time I ever had a client pay my bill. Why? Because, and realize I am quoting here, Jeff states that I will make him an extra $100,000 this year alone.

Online Gambling: Wow! That is incredible. I bet large credit sportsbooks, like Dollywood, are quickly becoming unfavorable of your new product.
Wagner: Yes. They hate our new software offering! But, that is what you get when you take advantage of your clients or partners as they have. And, as far as I am concerned, credit shops with Agent Split Agreements have simply NOT been treating their partners fairly and now they will pay the bill.

Online Gambling: I must say, I agree that if your numbers are even close to correct, it appears that the credit shops that split the earn ARE GOUGING AGENTS AND ONSHORE BOOKMAKERS.
Wagner: Well, the facts speak for themselves. And, I am glad you see the facts for what they are.

Online Gambling: Is there ever a case where an onshore bookie or agent should opt for a split as opposed to a Price Per Head Agency agreement?
Wagner: Absolutely Yes. If you are starting up a new book, or if you need financial backing because you are not strong enough to support a losing week - then, you should opt for a split. The best way to judge this is simply look over your figures for the last year. Could you afford to pay out the worst week you had without going broke? If you answer yes – then, you should opt for PPH. If you could NOT afford to pay it, then you should opt for a split or not be in business at all.

Online Gambling: So how does a bookmaker learn more about this?
Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

Article Note: Any assumption that “Dollywood” is related to “Hollywood Sportsbook” or “BetHollywood.com” or “BetAtHollywood” or “Hollywood International” is the assumption of the reader and not the responsibility of Gambling Online Magazine.

Revenue Share vs. PPH Agency

2005-06-14T07:22:00.000-07:00

Q & A with
Dalton Wagner, Founder V.O. Group, S.A.

Dalton Wagner, Proprietor of V.O. Group, S.A. has recently found himself in the middle of a controversy between Revenue Sharing Sportsbooks and his Price Per Head Agency Concept. We had an opportunity to catch up with Dalton Wagner and discuss the issue on his last visit to Curacao.

Vegas Offshore: We hear that the Price Per Head offering you launched several months ago has landed you in some hot water?
Wagner: Yes, it appears that my Price Per Head Software offering has been a little too popular with onshore bookmakers and it is making my competition a little upset.

Vegas Offshore: Can you be a little more explicit?
Wagner: Several offshore bookmakers have lost relationships with their agents because my Price Per Head offering has lured them away and toward my offering. Specifically, several of the largest credit sportsbooks in Costa Rica have lost packages to me in the range of 500-1000 head apiece. And, they are not happy about it.

Vegas Offshore: Why are so many people leaving their agency relationships with credit sportsbooks?
Wagner: Well, in the old days an offshore sportsbook might partner with an onshore bookmaker. The deal was based on the onshore bookmaker finding the business and the offshore operator writing it and doing the accounting for a fee. The deal was typically 50%/50%. However, with my Price Per Head offering, I can offer the same offerings, but only charge the onshore bookmaker a nominal fee for using my service. The fact is that 50% is simply too much to charge an onshore bookmaker. I charge bookmakers a flat fee based on the number of head I am writing and let the bookmaker keep the rest of the money.

Vegas Offshore: Wait a minute. How can you afford to write the business for a simple fee when it historically cost 50%.
Wagner: The simple fact is that 50% of the revenue is ridiculous. I can charge a fee as little as $25 per head, per week and allow a client to have access to sports wagering, casino wagering and horse wagering – and, make a profit. Furthermore, we have written a software interface that allows agents onshore to manage their clients limits, run reports, etc. from any computer in the world. The offering is robust, efficient and simple to use. And, unfortunately for offshore sportsbooks that share in revenue, agents and bookmakers simply love it.

Vegas Offshore: Is the PPH product only based on sports wagering?
Wagner: No. We actually have the ability to offer clients two (2) casino products including blackjack, baccarat, slots, 3 card poker, roulette, etc. And, clients may also bet on horses at over 350 tracks worldwide.

Vegas Offshore: How many bookmakers do you currently work with?
Wagner: We are writing business for over 250 bookmakers now. Some represent groups as small as 2 or 3; and others represent groups as large as 500. Again, remember the key is finding as many clients as possible. If you get to where you are writing 15 clients or more, it is almost impossible to lose for an extended period of time.

Vegas Offshore: Anything else you would like to add?
Wagner: Sure. If you’re a bookmaker onshore, call us or visit us online to learn how to save money and/or grow your business beyond your wildest dreams. The service is modestly priced, and we have never had a disgruntled user. The value proposition is simply huge for any bookmaker.

Vegas Offshore: So how does a bookmaker learn more about this?Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

Innovation In Bookmaking

2005-06-14T07:21:00.000-07:00

Q & A with
Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of ferreting out new markets and attacking while other companies sit on their hindquarters and watch. One market that has always eluded offshore bookmakers is the ‘guy who likes dealing with his credit bookmaker’. Typically this market has been untouchable for the offshore bookmaker, but NOT for Dalton and V.O. Group, S.A. We had an opportunity to catch up with Dalton Wagner on his last visit to Panama.

Vegas Offshore: Tell us about this new product that you are calling your Price Per Head Agency Relationship.
Wagner: As you know, one market that a post-up sportsbook has historically been unable to attack is the huge market of bettors that have been betting with their local guy for years. The reason this market exists is the personal relationship that an onshore bookie has with his clients. Sportsbooks have attempted to educate the player and lure him away from the local bookie, however we have taken another tact. We have partnered with local bookies around the world to make their offering better and more valuable.

Vegas Offshore: So instead of attacking the local guy, you actually approach him with your offer?
Wagner: Exactly. The fact is that the relationship is the last thread holding clients to a local guy. Yes, there is the fact that the local guy extends credit, but with bonuses and promotions we can overcome that offering. The key is the relationship.

Vegas Offshore: I’m confused, please explain.
Wagner: As you know, the onshore bookmaking market has lost steam to the offshore providers like V.O. Group, S.A. The reason is that the offerings that I can provide are far superior to those that any onshore bookmaker can offer. The PPH concept is based on allowing the onshore bookmaker to provide his clients my offerings on a purely anonymous basis via an online automated tool. Rather, by signing up with my PPH service, an onshore bookmaker can compete with all offshore sportsbooks on equal footing offering 24-hour wagering, 365 days a year. All the bookmaker does is use an online system to assign PINs and PASSWORDs and pay me a small fee per week for the service.

Vegas Offshore: Wait a minute. So, this means that a small time operator in Cleveland, Ohio can offer all the same things that V.O. Group, S.A. does without making the multi-million dollar investment?
Wagner: Now your catching on. For as little as $25 per head per week, a guy in Ohio can compete with the biggest sportsbooks in the world. And, better yet, never answer another wagering phone call again.

Vegas Offshore: OK, I get it. They use your automated tool to drive their clients to your software online, and they simply pick up the figures at the end of the week.
Wagner: Exactly correct with one exception. Their clients can bet on the phone via our call center staffed with 250 people OR bet online. Again, they have access to all of the offerings V.O. Group, S.A. provides including call center access, client services and technical support.

Vegas Offshore: Is the PPH product only based on sports wagering?
Wagner: Very good question. The answer is no. We actually have the ability to offer clients two (2) casino products including blackjack, baccarat, slots, 3 card poker, roulette, etc. And, clients may also bet on horses at over 350 tracks worldwide.

Vegas Offshore: Wow! That truly is incredible. So, a bookie that has one client can compete with the likes of MVPsportsbook.com on equal footing?
Wagner: Exactly correct. But, there are two keys to the success of the product launch. The first is being able to compete head to head with the biggest sportsbooks in the world. But, arguably the most important factor is that since the onshore bookie no longer has to answer phones or track plays, he can spend all of his time picking up new clients, NOT writing bets.

Vegas Offshore: I remember that in a prior interview you had stated that the key is not winning, but finding more losers.
Wagner: An embarrassing quote, but true. Amateur bookmakers think that the key is to beat the clients you have. That is a huge mistake. The key to getting rich as a bookmaker is finding a new client every single day of the year. The numbers take care of themselves, the key is to get more and more people playing. That is the TRUE BEAUTY of the PPH software and agency relationship.

Vegas Offshore: Do you have any success stories to tell?
Wagner: I have many, but will tell you one that emphasizes what the PPH program can do. I have a bookmaker that has been working out of San Antonio, Texas for 10 years. The guy has historically made $200,000 a year from his 25 or 30 players. He was introduced to our product in July 2004, and today he is writing over 185 clients. The ability to outsource answering calls and writing tickets to us has allowed him to grow his business 600% and his revenue over 1000%.

Vegas Offshore: Why did his revenue grow more than his business? Is it because your lines are sharper than his?
Wagner: There you go again. That is the obvious mistake that everyone makes. Again, don’t worry about beating the clients. Worry about getting more clients to play. But, to answer your question directly, the ability for his clients to play in the casino, play 24 hours a day, play games/halves/quarters, props, etc. is where the extra revenue comes from. Our lines might be sharper, but the advantage is more clients betting more often.

Vegas Offshore: How many bookmakers do you currently work with?
Wagner: We are writing business for over 250 bookmakers now. Some represent groups as small as 2 or 3; and others represent groups as large as 500. Again, remember the key is finding as many clients as possible. If you get to where you are writing 15 clients or more, it is almost impossible to lose for an extended period of time.

Vegas Offshore: So how does a bookmaker learn more about this?Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

State of the Offshore Gaming Industry

2005-06-13T11:01:00.000-07:00

Q & A with
Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of making one-dollar work like three in online marketing. With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998 and has quickly risen to be one of the largest offshore operators in the world with over 50,000 active clients. We had an opportunity to catch up with Dalton Wagner on his last visit to Antigua.

Vegas Offshore: This year has been interesting for V.O. Group, S.A. and the offshore industry as a whole (advertising changes, etc.). How do you feel about the industry at the current time?
Wagner: I feel the industry is as strong as it has ever been. We are still finding that our advertising is bringing us new clients at an ever-growing rate. Some competitors are complaining that the crimp on advertising is affecting the industry, but we are not seeing this trend. Consolidation within the industry has begun, and I am sure you will continue to see smaller competitors gobbled up, and medium to larger companies merging. The weaker will go by the wayside.

Vegas Offshore: What about the rumors of V.O. Group, S.A. being bought?
Wagner: I am glad you used the term 'rumors'. The fact is that in July 2004 three suitors approached V.O. Group, S.A. because of our record-breaking profit year. In two of the cases we did see 'value' in a merger/relationship. However, at the end of the day, we could not come to terms that were agreeable on both sides. At this time V.O. Group, S.A. stands independent. And, we are happy being independent, profitable and growing.

Vegas Offshore: It is rumored that Bet On Sports (PLC; BSS.L) was one of the suitors. Is that true?
Wagner: There were three suitors that approached V.O. Group, S.A. And, in all cases confidentiality agreements were signed. For this reason, I cannot confirm or deny who any of the potential suitors were. What I can tell you is that one was a major sportsbook player, one was a major casino player and two were PLCs. I doubt that helps.

Vegas Offshore: Well, if Bet On Sports was involved, I bet you are happy you weren't involved in their November 24, 2004 stock debacle.
Wagner: The Bet On Sports stock debacle was an over-reaction by the market in my opinion. In one day you saw their stock drop 50% in value. And, the reason was poor performance in a very short period. If you looked at the other publicly held offshore gaming companies, you saw the same thing, just not as drastic as with BSS.L. Simply put, I know the founder of Bet On Sports, I know the management of Bet On Sports, I know the staff at Bet On Sports and I would not hesitate to invest in Bet On Sports. They were, and still are, undervalued in my opinion. They are a great competitor and a great company. I wish I had some of their stock at the new adjusted price. I just don't see how you can lose.

Vegas Offshore: It is rare to hear the 'competition' speaking so highly of a major competitor. Why would you do so?
Wagner: Simple. Bet On Sports is a great company. And, I am sure they would tell you the same about V.O. Group, S.A. The fact is, that there are companies out there that make our industry stronger. And, ones that make it weaker. Bet On Sports and V.O.Group, S.A. strive to make our industry stronger and more legitimate on a daily basis (as do BetCris.com; BoDog.com; etc.). What kind of ambassador for the industry would I be if I downplayed a 'good' competitor like Bet On Sports for my own benefit?

Vegas Offshore: If Bet On Sports did approach you, would you consider a merger?
Wagner: I like being independent. But, simply put, NEVER say NEVER.

Vegas Offshore: What of the rumors that you are looking at Panama as a potential relocation site?
Wagner: Our operation currently has offices in Costa Rica, Antigua and Belize. In Costa Rica we currently have over 400 employees. With employment costs in Costa Rica on the rise, the burden of Caja and the ever-changing political climate, we have looked at several alternative locations. One of the most desirable is/was Panama. However, due to the massive failure of BetPanAm.com and the political debacle involving their past gaming commission, we have decided to stay put for the current time. I think it is very safe to say that our primary location will be Costa Rica for the next 5 years. Pending any crazy licensing or governmental changes.

Vegas Offshore: I have visited your office in Antigua, however had no idea that you employed 400 individuals in Costa Rica. Why do you need such a large staff?
Wagner: Our industry has a reputation for being lazy and getting by on a shoestring budget. Most sportsbooks, casinos, racebooks and poker rooms answer phones when it is convenient and buy computers when the ones they are operating blow-up. Most are simply embarrassing to the legitimate operators. To run an operation like ours, servicing 50,000 bettors, you need lots of space, a 1st rate phone system, fiber and satellite phone and Internet backups, IT professionals, accounting professionals, etc. V.O. Group, S.A. is currently located in 35,000 square feet of space, operating 24-hours a day, 365 days a year, and we are busting at the seems. At the current time, we are negotiating to buy the building next to us for future expansion. I think we will employ 600 people come this same time next year.

Vegas Offshore: I have noticed that you are still branching into other products. How has this strategy worked for V.O. Group, S.A.?
Wagner: In 1998 we started with our sports product. We then branched into the casino product. In 2001 and 2002 we opened several major race books and poker rooms. The fact is that we are profitable in all products. However, our core product, and hub for our advertising, is focused on the sports product. The strategy has worked, but we will not desert our core product. You can look for our re-launch of interactive betting in early 2005 and bingo in mid 2005.

Vegas Offshore: What other changes do you see in 2005 for V.O. Group, S.A.
Wagner: I think you will see V.O. Group, S.A. work more on our Internet interface to make it more gamer-friendly; you will see our company move into land-based gaming; and you will see us acquire two or three smaller competitors. Rather, you will see what you have always seen, expansion.

Vegas Offshore: What other changes do you see in 2005 for the industry as a whole?
Wagner: The strong will get stronger. The weak will get weaker. And, the acquisition race will be on.

Bookmakers!

2005-03-14T14:51:00.000-08:00

Read Below To Earn More Cash Than Ever

Are you a onshore bookmaker that wants to Minimize Legal Exposure, Increase Potential Profits, Spend More Time Enjoying the Money You Are Making, and Grow Your Business Beyond Your Wildest Dreams? If you answered ‘YES’ to one or all of these questions, then you need to look at a Price Per Head Agent Relationship with our company.

The concept of a Price Per Head Agent Relationship is based on you, the onshore bookmaker, paying our company a service fee to offer the same services that we offer to thousands of clients (on an anonymous basis).

For the first time, you will be able to offer Internet and Phone access to Sports, Horse and Casino (2 casinos) wagering to all your current clients (via a simple PIN and PASSWORD betting system). No longer do you have to compete with offshore sportsbooks and lose clients. YOU WILL BE ABLE TO OFFER EVERYTHING THAT THEY OFFER!

We are Licensed to offer bookmaking services.

We have been in business for 7 years.

We write business for 15,000 clients daily.

We are open 24-hours a day, 7-days a week, 365 days a year.

We have over 500 operators standing by to make you money!

Take advantage of our $5,000,000 USD investment to make your services better than ever. No longer will you have to answer calls all Saturday and Sunday. No longer will you have to lose clients to the offshore bookmakers. No longer will you have to worry about having your door kicked in by the authorities. Now you can compete with the Big Boys! You will simply sit back, watch the games, and earn more than ever before.

To learn more, go to our website, and click on ‘Agents’. If you prefer to use a white-labeled site without bonus and promotional text, visit www.BettorsNet.com for more information.

We look forward to being your service provider.

Call 1-888-333-6914 for more information.

Innovation In Bookmaking

2005-03-14T13:32:00.000-08:00

Q & A with Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of ferreting out new markets and attacking while other companies sit on their hindquarters and watch. One market that has always eluded offshore bookmakers is the ‘guy who likes dealing with his credit bookmaker’. Typically this market has been untouchable for the offshore bookmaker, but NOT for Dalton and V.O. Group, S.A. We had an opportunity to catch up with Dalton Wagner on his last visit to Panama.

Vegas Offshore: Tell us about this new product that you are calling your Price Per Head Agency Relationship.

Wagner: As you know, one market that a post-up sportsbook has historically been unable to attack is the huge market of bettors that have been betting with their local guy for years. The reason this market exists is the personal relationship that an onshore bookie has with his clients. Sportsbooks have attempted to educate the player and lure him away from the local bookie, however we have taken another tact. We have partnered with local bookies around the world to make their offering better and more valuable.

Vegas Offshore: So instead of attacking the local guy, you actually approach him with your offer?

Wagner: Exactly. The fact is that the relationship is the last thread holding clients to a local guy. Yes, there is the fact that the local guy extends credit, but with bonuses and promotions we can overcome that offering. The key is the relationship.

Vegas Offshore: I’m confused, please explain.

Wagner: As you know, the onshore bookmaking market has lost steam to the offshore providers like V.O. Group, S.A. The reason is that the offerings that I can provide are far superior to those that any onshore bookmaker can offer. The PPH concept is based on allowing the onshore bookmaker to provide his clients my offerings on a purely anonymous basis via an online automated tool. Rather, by signing up with my PPH service, an onshore bookmaker can compete with all offshore sportsbooks on equal footing offering 24-hour wagering, 365 days a year. All the bookmaker does is use an online system to assign PINs and PASSWORDs and pay me a small fee per week for the service.

Vegas Offshore: Wait a minute. So, this means that a small time operator in Cleveland, Ohio can offer all the same things that V.O. Group, S.A. does without making the multi-million dollar investment?

Wagner: Now your catching on. For as little as $25 per head per week, a guy in Ohio can compete with the biggest sportsbooks in the world. And, better yet, never answer another wagering phone call again.

Vegas Offshore: OK, I get it. They use your automated tool to drive their clients to your software online, and they simply pick up the figures at the end of the week.

Wagner: Exactly correct with one exception. Their clients can bet on the phone via our call center staffed with 250 people OR bet online. Again, they have access to all of the offerings V.O. Group, S.A. provides including call center access, client services and technical support.

Vegas Offshore: Is the PPH product only based on sports wagering?

Wagner: Very good question. The answer is no. We actually have the ability to offer clients two (2) casino products including blackjack, baccarat, slots, 3 card poker, roulette, etc. And, clients may also bet on horses at over 350 tracks worldwide.

Vegas Offshore: Wow! That truly is incredible. So, a bookie that has one client can compete with the likes of MVPsportsbook.com on equal footing?

Wagner: Exactly correct. But, there are two keys to the success of the product launch. The first is being able to compete head to head with the biggest sportsbooks in the world. But, arguably the most important factor is that since the onshore bookie no longer has to answer phones or track plays, he can spend all of his time picking up new clients, NOT writing bets.

Vegas Offshore: I remember that in a prior interview you had stated that the key is not winning, but finding more losers.

Wagner: An embarrassing quote, but true. Amateur bookmakers think that the key is to beat the clients you have. That is a huge mistake. The key to getting rich as a bookmaker is finding a new client every single day of the year. The numbers take care of themselves, the key is to get more and more people playing. That is the TRUE BEAUTY of the PPH software and agency relationship.

Vegas Offshore: Do you have any success stories to tell?

Wagner: I have many, but will tell you one that emphasizes what the PPH program can do. I have a bookmaker that has been working out of San Antonio, Texas for 10 years. The guy has historically made $200,000 a year from his 25 or 30 players. He was introduced to our product in July 2004, and today he is writing over 185 clients. The ability to outsource answering calls and writing tickets to us has allowed him to grow his business 600% and his revenue over 1000%.

Vegas Offshore: Why did his revenue grow more than his business? Is it because your lines are sharper than his?

Wagner: There you go again. That is the obvious mistake that everyone makes. Again, don’t worry about beating the clients. Worry about getting more clients to play. But, to answer your question directly, the ability for his clients to play in the casino, play 24 hours a day, play games/halves/quarters, props, etc. is where the extra revenue comes from. Our lines might be sharper, but the advantage is more clients betting more often.

Vegas Offshore: How many bookmakers do you currently work with?

Wagner: We are writing business for over 250 bookmakers now. Some represent groups as small as 2 or 3; and others represent groups as large as 500. Again, remember the key is finding as many clients as possible. If you get to where you are writing 15 clients or more, it is almost impossible to lose for an extended period of time.

Vegas Offshore: So how does a bookmaker learn more about this?

Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

CASINO FAQ's Bet Casino

2005-03-11T14:57:00.000-08:00

How Do I Start Playing?

I suggest looking around at a number of casinos before making any decisions.
Especially look at the deposit requirements, minimum bets etc. There is quite
a variety of Internet Casinos out there. Many will let you visit for free and
even place some bets without signing up (You won’t win any money, but
you can play for free).

Once you pick a casino that you like, you will be asked to sign up. Usually
this will mean filling out an online form. Many will not even require that you
give your name and address. You will end up with an account number and a password.
(Remember, if you only have an account number and password on file with them,
and you forget them, you have lost your money)

How Safe Are Internet Casinos and Sportsbooks?

How safe is anything. So far there have been almost no problems with casino
payouts and deposit security, but that is not to say there will never be. Many
of the jurisdictions require that the licensee posts bonds of cash or insurance
as part of the license requirements.

As an example, the groups licensed in Curacao have to post an amount of money
equal to the average win in a special account in order to guarantee that they
can pay winners. To even get a license, those who apply have to go through some
extensive government checks.

Your personal security (including credit card details and other personal information)
is also guaranteed under license agreements in many, if not all, jurisdictions.
Most casinos and sportsbooks use secure servers to conduct all of their transactions,
and all information about you is held offline. Many also take out insurance
against fraud.

How Fair Are Internet Casinos and Sportsbooks?

Online Casinos are fairer than many people realize. The "house" is
happy making the normal profits of gambling. In many of the countries, the computer
programs must be submitted to the government for thourough checking of fairness
toward the player, and the firm also has to be guaranteed by one of the big
eight international accounting firms.

In all cases with casino gambling the odds for single deck blackjack, for instance,
are exactly the same with an Internet casino as with the real thing. The same
is true for baccarat, roulette etc.

As for the gaming machine type games (slots, video poker etc) the player payout
percentages are determined by the casino, and many will post what the percentage
of payout is online.

How Do I Make Cash Deposits and Withdrawals at Online Casinos?

In all cases you will have to deposit money up front before you can gamble
online. This will mean sending online casinos money via Western Union, Moneygram,
cashiers checks, money orders, wire transfers, credit cards etc. Most of them
will take money almost any way you want to send it. Most will not take personal
checks as they would have to wait up to two weeks for the checks to clear to
the overseas location. Having said this, you can normally use personal checks
with prior approval from the casino, but your money will not be available for
play until your check has cleared. Nearly all casinos now accept credit card
deposits. In fact, these are highly recommended due to the low cost and speed
of the transactions.

All casinos operate on the account system - you send them money and your account
is credited for that amount. As you gamble, money is credited or debited as
you win or lose. When you wish to withdraw money from your casino account (you
don't have to, you can leave it in for future gambling) you can do so in nearly
all of the ways that deposits could be made.

Many operations now allow you to have money withdrawn directly placed back
onto the credit card that you first deposited money into your account with.
This option is recommended as you can access your winnings within days. Casinos
charge reasonable fees for other withdrawal options.Bet Casino

Casino Safe Gambling bet casino

2005-01-25T05:58:00.000-08:00

Casino Safe Gambling
bet casino
Gambling at online casinos is a favorite pastime for millions of people. But whether you're interested in playing 5¢ Slots, 25¢ Video Poker, or playing $50 hands of Blackjack, it can be hard to know where to start. With so many online casinos out there, how can you find a safe place to play?
When choosing a casino, make sure they offer Fair Games. One of the strengths of online casinos is that they can afford to offer higher payout rates than land-based casinos. In fact, many online casinos subject their gaming books to reviews. Not a review by their own in-house accounting department, but one by an internationally renowned professional services firm. The payout percentages, both present and past, are then posted on the casino's website. Look for them, these casinos are proud of their high payout rates.
Each of the online casinos on our site lets you play their games for free, as a guest. Test the poker machines, sit in for a hand or two of blackjack, or try out the slots. This way you can make sure you are comfortable with the games before you decide to risk any money on real wagers.
When you do decide to play the games for real, safe banking is a must! The online casinos on our pages take banking very seriously. All banking transactions are protected by 128-bit data encryption, the same level of encryption that is used by Fidelity Investments and other giant financial institutions.
If you have any questions, there should be someone to help you. That means casinos should provide customer support around the clock. Besides email support, the online casinos on most pages offer 24 hr toll-free telephone support.

Blackjack Basics bet casino

2005-01-24T11:41:00.000-08:00

Blackjack Basics
bet casino
In this game, the player and the dealer (the computer) are each dealt two cards. The player and the dealer both try to get their hands to equal twenty-one without going over. The hand that gets closer to twenty-one without going over wins the bet. In blackjack, you are competing only against the dealer, not against the other players. The rules of play for the dealer are strictly dictated, leaving no decisions up to the dealer.
2: Values of the cards
In blackjack, the cards are valued as follows: An Ace can count as either 1 or 11, as demonstrated below. The cards from 2 through 9 are valued as indicated. The 10, Jack, Queen, and King are all valued at 10.
The value of a hand is simply the sum of the point counts of each card in the hand. For example, a hand containing (5,7,9) has the value of 21. The Ace can be counted as either 1 or 11. You need not specify which value the Ace has. It's assumed to always have the value that makes the best hand. 3: How the dealer plays his hand
The dealer must play his hand in a specific way, with no choices allowed. There are two popular rule variations that determine what totals the dealer must draw to. In any given casino, you can tell which rule is in effect by looking at the blackjack tabletop. It should be clearly labeled with one of these rules: "Dealer stands on all 17s":
This is the most common rule. In this case, the dealer must continue to take cards ("hit") until his total is 17 or greater. An Ace in the dealer's hand is always counted as 11 if possible without the dealer going over 21. For example, (Ace,8) would be 19 and the dealer would stop drawing cards ("stand"). Also, (Ace,6) is 17 and again the dealer will stand. (Ace,5) is only 16, so the dealer would hit. He will continue to draw cards until the hand's value is 17 or more. For example, (Ace,5,7) is only 13 so he hits again. (Ace,5,7,5) makes 18 so he would stop ("stand") at that point. Hit:
Request another card. You can request a hit as many times as you like, but if your total goes over twenty-one, you will Bust and lose the hand. Stand:
When you stay with the cards you've been dealt without requesting more.
Split:
If you have two cards of the same denomination, a Split button will appear. You can split the cards into two hands and play each hand separately. Your original bet will be duplicated for the new hand, and each hand will be played out as usual. The number above the currently active hand will turn yellow. The split option can only be used once per hand -- you cannot split part of a split hand. Double:
If you select this option, two things will happen: you will get exactly one more card and then your turn will end, and your bet will be doubled. When you use this option, you are betting more money that you will get a good score with just one more card added to your starting two. Insurance:
Whenever the dealer's up-card is an ace, the player has an option of taking insurance. If the player believes that the dealer's down-card is a 10 ranking card, then the player is permitted to place a side bet of up to half the original wager as insurance. If the dealer does have a 10 ranking card, the player is immediately paid 2-to-1 on the insurance bet, but the original wager is lost unless the player too have blackjack and tie the dealer. Here player is not insuring anything, the player is simply betting that the dealer's unseen card is a 10 ranking card. Note:
Double Down and Split options will only be available immediately after you receive your first two cards. If the dealer has an ace showing, you will be offered a chance to buy Insurance for half of the amount you bet. When you buy insurance you are, in effect, making a second bet. You are betting that the dealer has a natural blackjack. If the dealer does have a natural blackjack (in other words, his down card is a ten or a face card), you will collect a payoff of 2 to 1 on your insurance. You will also lose your original wager, unless you have a natural blackjack too. If the dealer does not have a natural twenty-one, the rest of the hand is played out as usual and you will lose your insurance money.

Roulette Story bet casino

2005-01-24T07:56:00.000-08:00

Roulette Story
One enterprising individual from Great Britain in January 1994 took his dream to Las Vegas for the ultimate roulette spin. Chris Boyd, 40, a computer programmer from London, saved $220,000 over a three-year period.
He searched Las Vegas for one bet casino to wager it all on one spin of the wheel. Initially rebuffed by Caesars Palace, he was referred to Binion’s Horseshoe Club in the Downtown area. The Horseshoe, which at the time had a limit of $100,000 on red or black roulette bets agreed to accept the wager. In addition, the casino agreed to “block out” the double zero on the wheel, which does not exist in the European version of the game.
Boyd had chosen red as his color. After the casino and the dealer agreed to a few “practice spins”, Boyd made his bet-on red. The ball landed on the red 7. He had won $220,000-and immediately asked his winnings be placed in the casino cage. He also vowed never to gamble again. It was the largest roulette bet in the-then 43-year history of the casino.
Most casinos allow players to track the results of the game on cards they offer. Some strategies involve patterns of odd/even, red/black, sections or rows or just repeating numbers. However you play, always bet with your head, not over it.
A dollar won is twice as sweet as a dollar earned." - Paul Newman, The Color of Money
"You cannot beat a roulette table unless you steal money from it." - Albert Einstein
"It is the mark of an inexperienced man not to believe in luck." - Joseph Conrad

Baccarat Strategy bet casino

2005-01-24T05:33:00.000-08:00

Baccarat Strategy
Often sought though rarely found, a good baccarat strategy is usually considered a myth among gamblers. I happen to disagree in bet casino.What I DO agree with is the fact that any strategy that promotes itself as a system is most likely full of false, misleading, and useless information. There are, however, many basic baccarat strategy moves one can make to up their chances of winning.
A predominant aspect of the baccarat games played at the local casino is the scorecard. It looks like everyone at the table is keeping track of the outcome on each hand, and that's exactly what they're doing. These people are trying to spot patterns and then change their own betting patterns in order to take advantage of a streak. The casinos encourage this behavior simply because they know it has no bearing on the outcome of the game. Chasing patterns in baccarat is as pointless as it is in roulette. One hand has no bearing on the next, and is never influenced by the preceding hands. This is a simple trap that gamblers all around the world fall into at one time or another. If you were betting on the flip of a coin, and it landed heads up 9 times in a row, part of your brain will inevitably yell out to you that a tails is imminent, and it's likely that the 10th flip will land tails up. This reasoning is spurious; the chance of the coin landing tails up on the 10th flip is exactly 50%, just as it was the first nine times. Any baccarat strategy that makes you change your bets based on previous hands is useless and should be completely disregarded.
So, although you will see almost everyone around you at the baccarat table marking down numbers on casino provided cards, you should consider it personal entertainment and think nothing more of it. Don't be fooled into participating, it's just another way for the casino to distract you from the important parts of the game-play. Seriously, would Las Vegas casinos provide baccarat players with a pencil and a chart if they were really worth anything?
Another false alley in published baccarat strategy is that of card counting. Card counting is usually associated with the game of blackjack, as it can be quite an effective strategy when utilized properly in the right casino. It would also appear to be a genuinely worthy strategy in baccarat, as it works off of a similar shoe. The problem is of course the issue of used cards being fed back into the shoe before very many have been removed (thus negating any count you had made to that point). In baccarat specifically the problems with card counting are a little different. Unlike blackjack baccarat does not offer opportunities to alter your bet in mid-hand play. Blackjack offers this ability in a number of specific situations, and so you can increase your bet if your count changes during play. Using card counting in baccarat though offers so few situations with an advantage against the house that the overall efforts are worthless.
Baccarat can be considered a coin toss played with a lot of fanfare. Many people let this oversimplified impression of the game lure them towards using a martingale-based system. These styles of systems have you double your bet each time you lose a hand, basing its logic on the fact that eventually your choice will win, and if you had doubled your bet each hand that win will recoup all losses from previous hands. This system is perfect and cannot be beaten in games like baccarat or roulette. Because this is true the casinos have issued new rules, which limit how much one can bet in one hand. Table maximums (and minimums) as they are referred to, eliminate the threat of a martingale system gambler completely. Say you bet 5 dollars on banker and lost, next bet you put 10 bucks down on banker, next bet 20, ect, and you keep loosing, it won't be very long before you double your bet right up to or over the table maximum. In this case of course you can't bet any higher, and your system has failed. If I only accomplish one thing with this web site, I hope it is convincing everyone that martingale systems are absolutely horrific techniques designed to prey on the natural thought patterns of the human brain (the bit that thinks if a coin lands heads up nine times in a row there is a greater than 50% chance it will be tails on the tenth toss).
So if card counting, streak or pattern spotting, and systems are all useless strategy for baccarat, what's a good one? Looking at the numbers it becomes clear that the odds are always a little better when you bet on the banker. Does this mean you should always bet on banker? In a technical sense I suppose yes it does, but practically it would be the most boring use of your time ever if you just sat there betting on banker all night. Pattern chasing is most often some added fun to break the monotony that can come from a simple game.

PLAY BACCARRAT ONLINE! bet casino

2005-01-21T10:48:00.000-08:00

PLAY BACCARRAT ONLINE!
Baccarat, pronounced "Bah-Caw-Rah", is definitely one of the easiest and uncomplicated table games there is out there. Its also BIG FUN!
The most important thing you need to know is whether you are betting on the player, on the bank, or on the tie. Betting and bet casino on the tie is not recommended as usual game play because it decreases your winning chances considerably. Baccarat is a game of chance! All you have to decide is which hand you think will win. However, knowing the basic rules will help you understand what is going on on the baccarat table and will make the game more fun to play for you.
It doesn't matter which seat you take at the baccarat table because, unlike blackjack, you are not playing against other players OR against the house. The only thing you are betting against is the cards. What the other players bet on or how much they bet doesn't matter a bit.
Baccarat is played with eight decks of cards without jokers. At the beginning of a new game, or when the Cut Card in the Shoe is dealt, the dealer will shuffle all decks together and put them back in the shoe, also known as "The Bank". Then he will take the very first card out and whatever the value of this card is indicates how many cards will be burned, or tossed out initially. If the value of the first card is a three, the dealer will take the next three cards out of the shoe and discard them in a tray next to it along with the first card. The baccarat game is now ready to play.
At the beginning of the new game, the bank is given to the player on the right of the dealer. Each player is given the bank in consecutive turns and can hold the bank as long as the bank wins. Once the bank looses, it moves on to the next player.
Before the cards are dealt each baccarat player has to make his bet. The player with the bank deals a set of cards to each player at the table. The hand closest to nine wins. If the first two cards dealt count Eight or Nine it is called a "Natural" and that player will win automatically. If more than one hand has the same value, it is a Tie. When noone has a natural, additional cards are dealt to determine the baccarat winner.
If the hand you bet on wins you get a one to one payoff. You can also bet on a Tie where you get a one to eight payoff but a Tie is very rare and occurs less than once in ten hands. When there is a tie, and no player has bet on it, noone looses or wins.
Value of the cards in Baccarat:Tens, Jacks, Queens and Kings count 0. The Ace counts OneCards from Two to Nine are at Face Value.
Initially, the value of the cards might seem a little unusual but here's a quick way to remember the values. In Baccarat you always have to keep in mind that the first digit in a two-digit number does not count. That is why the Ten, Jack, Queen and the King count 0 and the Ace only counts as a one. This is also true with the result of two cards dealt. If you draw an nine in baccarat and a two, the value of both together would be eleven, yet since the first digit does not count, your hand counts only one. Unlike blackjack, it is impossible to overdraw in Baccarat.

Slot Machine Terminology bet casino

2005-01-21T06:52:00.000-08:00

Slot Machine Terminology
bet casino
In case you were unsure as to what some of the words are that you've been reading on this site, here you go:
Bonus Feature
Some slot machine offer you a chance to win additional coins. This could be a second screen, free spin etc.
Coin Size
The size of each bet
Coins Per Spin
The maximum number of coins that can be played for each spin
Hold
Coins that are kept by the machine and not paid back
Payline
The combination of symbols that will result in the player getting paid off
Payout Percentages
What a slot machine pays out. So, for instance, if a slot machine pays out 99%, that means that for every 100 dollars that is taken in by the machine, 99 dollars gets paid back out. Meaning that the machine will "hold" one dollar for every hundred.
Pay Table
Winning combinations. You will find these listed on the slot machine or closeby
Progressive Jackpot
A jackpot that continuously grows
Reels
This is the part of the machine where the symbols are displayed
Top Prize
The maximum payout playing the max. amount of coins
Wild Symbol
Like a wild card; it's a symbol that counts as any other symbol

Black Jack History bet casino

2005-01-20T10:42:00.000-08:00

Black Jack History
Black Jack originated in French casinos around 1700 where it was called "vingt-et-un" ("twenty-and-one") and has been played in the U.S. since the 1800's. Black Jack is named as such because if a player got a Jack of Spades and an Ace of Spades as the first two cards (Spade being the color black of course), the player was additionally remunerated.
The game was christened 'Black Jack' because if a player held a Jack of Spades and an Ace of Spades as the first two cards, the player was paid out extra. So with Spades being black and Jack being a vital card - black jack was born!
Gambling was legal out West from the 1850's to 1910, at which time Nevada made it a felony to operate a gambling game. In 1931, Nevada re-legalized casino gambling where black jack became one of the primary games of chance offered to gamblers. As some of you may recall, 1978 was the year bet casino gambling was legalized in Atlantic City, New Jersey.
The first recognized effort to apply mathematics to Black Jack was recorded in 1956, when Roger Baldwin published a paper in the Journal of the American Statistical Association entitled "The Optimum Strategy in black jack". In 1962 Professor Edward O. Thorp refined basic strategy and developed the first card counting techniques. He published his results in a book that became so popular that for a week in 1963 it was on the New York Times best-seller list "Beat the Dealer".
Because of this book a number of casinos changed their black jack rules, giving themselves an even greater advantage than they had previously enjoyed. But this didn't last for long, because people protested by refusing to play the game with the unfavorable rules, casinos quickly responded by going back to the original rules.
Over the next few years, more books and more systems devoted to winning black jack were published in fact some proposed to provide enough information to allow the reader to live off the profits of their efforts, publications such as Lawrence Revere's "Playing black jack As A Business" and Stanley Roberts' also helped to share the wealth with his winning systems in his book "Winning black jack". Soon black jack began to compete with craps as the most popular casino game in the state of Nevada.
In the 1970's computers which could perform a million-hand Black Jack simulations allowed players to produce sophisticated game strategies and many scientists, mathematicians, university professors, and other intellectuals began writing books on the game. Soon it became evident that Casinos were afraid that scientific, computer-devised systems would have harmful effect on their potential profits, and many changed their games from single deck to multiple-deck games in the 1970's to counteract the computer strategies.
A living legend of the period indeed worth mentioning was Ken Uston, who used five computers that were built into the shoes of members of his playing team in 1977. The gamblers won over a hundred thousand dollars in a very short time, but one of the computers was confiscated and sent to the FBI. The FBI experts concluded that the computer used public information on Black Jack playing and was not a cheating device. As a result of his astounding success, Uston was barred from at least seven of the major Las Vegas casinos and sued them for violating his civil rights. He was found dead in a rented apartment in Paris in 1987, the cause of death remaining undetermined.

1. bet casino 2. casino 3. bet 4. sports 5. gambling 6. games 7. online 8. betting 9. poker 10. roulette 11. odds 12. blackjack 13. free 14

2005-01-06T08:12:00.000-08:00

1. bet casino 2. casino 3. bet 4. sports 5. gambling 6. games 7. online 8. betting 9. poker 10. roulette 11. odds 12. blackjack 13. free 14. sportsbook 15. vegas 16. craps 17. football 18. online casino 19. slots 20. gaming 21. casinos 22. lines 23. video poker 24. baccarat 27. online gambling 28. wagering 29. internet 30. keno 31. gamble 32. sports betting 34. strippoker 35. wager 36. slot machines 37. win 38. jackpots 39. las vegas 41. teams 42. las 43. lottery 44. bowl 45. bonus 46. golf 47. jackpot 49. scores 50. book 57. bets 58. offshore 62. online casinos 63. super 64. caribbean stud 65. baseball 66. slot machine 67. game 68. internet casino 71. cash 73. black jack 81. dice 83. caribbean poker 84. gambling online 85. casino betting 94. onlinecasino 96. cards 97. tips 98. casino gaming 99. paigow poker 100. online gaming 103. players 104. sport 105. cazino 106. sportsbooks 107. online betting 109. casino games 110. casino bet 111. ultimate bet 112. progressive slots 113. pachinko 114. casino bonus 119. play free games 120. internet gambling 121. bookmaking 124. online sportsbooks 125. online casino games 126. videopoker games online 131. virtual 132. payouts 133. casino gambling 134. strategies 135. let it ride 137. video 140. no download 141. monte carlo 142. videopoker 143. winning 144. internet casinos 145. stud poker 146. strategy 147. rugby 148. free bet 150. review 151. bet on sports 152. free casino 159. virtual casino 62. progressive 167. black jack betting bet on 168. online game video poker 169. casinooline 170. casino online 171. bets online videopoker 172. video poker on line 173. game on line roulette 174. online bet blackjack 175. bet on videopoker wagering 176. virtual casinos 177. real money betting 178. online wagering casino 187. betting odds 188. on line betting poker 189. online sportsbook bet 190. betting line 192. strip online 193. blackjack online betting 194. online wagering poker 195. black jack online gambling 197. roulette games on line 198. on line black jack betting 199. online gambling black jack 200. links 201. bet black jack 203. bet bet on 204. on line videopoker bet 205. poker gambling 206. bets videopoker online 207. betting online video poker 208. bet on wagering black jack 209. 1 more bet casino gambling 210. online casino game 211. wagering casino on line 212. online poker game 214. black jack gambling online 215. blackjack online 216. game on line blackjack 217. online gambling video poker 218. bet on bets video poker 220. daily sports 221. wager types 222. river 225. bacarrat 227. casino payouts 228. club dice 229. flash 230. sports action 231. more casino 232. casino odds 233. progressives 234. winners 235. the 236. betting terms 239. table 243. promotions 244. promotion 248. english 249. casinosonline 250. roullette 251. online gambling 252. betting online 253. online sportsbook 258. roulette bet 259. spread 260. online betting 261. online roulette 262. gambling bet on roulette 264. horse race betting 265. onlinesportsbook 266. championship 267. internetcasino 269. onlinecasinos 270. wagers 271. wins 272. player 75. dealers 276. dealer 277. casino game 282. lingo 283. casino reviews 284. online wagering odds 285. sportsbook bet 287. reviews 288. usa casino 289. usacasino 290. fruit machines to play 293. online slotmachines payouts 294. gamble poker bonuses 295. virtual betting payouts 296. gamble slots 297. bet video poker secure 298. virtual wagering odds 299. online bla kjack secure 300. best slot bets

bet casino

2005-01-03T13:12:00.000-08:00

bet casino first post