| You don't seem to understand how or why Asian books exist (which does explain your odd views). You aren't dealing with money launderers (the only reason they have that reputation is because the Chinese govt calls people who buy foreign currency "money launderers" because buying foreign currency is, mostly, illegal), you are dealing with the biggest bookies in the world (they are far bigger than any in the UK). And they are happy to do business with winning players because they aren't like UK books. UK books make markets on ML, that means they don't have a balanced book, and therefore need to take risk. Your only edge as a UK bookie is, therefore, marketing and finding enough mugs. Asian books mainly make AH markets, this means a balanced book, and their only aim is to make the overlay as a commission. This means that they need sharp bettors to come in and move the line. They lose money on bets with sharps but their lines are now efficient so they make it all back and then some. All the biggest books (Pinny, SBOBet, etc.) do this. And some of them actually open lines privately for sharps to bet on before they go public (this is how StarLizard gets so much down, Tony Bloom used to work at an Asian book). Btw, most of the large UK books trade in Asia too. It is the epicentre of betting in the world. They don't shut down accounts. It isn't money laundering. Also, you appear to know nothing about Betfair too. Betfair white-labels through bet brokers to offer lower commissions to big bettors (I don't use Betfair but I know these deals START at 2%, no premium charge). No professional goes through Betfair directly. Your maths for the ROI is also wildly inaccurate. Basic. I'll leave it to you to work out why. Less conspiracy theories pls. |