Superbook announces they are done outside of Nevada
“We regret to inform you that SuperBook Sports will no longer be accepting bets or deposits in the following states: AZ, CO, IA, MD, NJ, OH, TN & VA”
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They get bought out? -
Well isn’t that something. When I was in a much better spot earlier in the year and had more money spread around, they were good for a nice little line here and there. Offerings were a little limited which could get frustrating. It seemed like they probably hurt for volume. None of your average SGP type folks (which it seems is like 90% of the legal market) used them, so this is no surprise. I mean walk into any bar and ask around, no one’s using fukking SuperBook. Everyone’s gonna have a parlay going at FanDuel. It’s the Kleenex of legal booksComment
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Yes it seemed their volume of action was pretty low. May have allowed them to be a little more opinionated with their lines and move numbers slower than other places. Their baseball odds were usually the best out of my books since a dime line was used. UFC was good sometimes, as well.
They did not seem to spend much on marketing and they never added casino games. So their niche of customers seemed more limited. Still was a solid brand and could have developed more with the right plans.
I’m sure the licensing costs, taxes, and efforts to operate added up over time. Shocking to see them suddenly close up a month before football though.Comment
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I think they did offer SGPs but didn’t get as exotic with the offerings. And like reload said, they didn’t advertise at all really, and I think they are closer to what like a Circa is doing, like hey we’re gonna take big bets and be fair and trust our bookmaking and all that shit. I could be wrong but that seems to be more their angle than let’s take a bunch of people to the cleaners $5 at a time on parlays that will never hit.
If I’m not mistaken, the SGP thing is pretty new right? Like there’s a lot of weird manipulation that goes into them to make them viable for the books. Like the more correlated they get the lesser the payout and whatnot. And they didn’t really exist until your FanDuels and DraftKings came with their legal sportsbooks, right? I know offshore SGPs just didn’t exist at all when FD and DK came around and still probably don’t honestly, but I haven’t bet offshore in awhile. So someone with more of an old school approach like SuperBook isn’t gonna have a beefed up SGP market with all the live offerings and shit. This is my educated guess anyway
And reload yeah man it hurt my feelings to delete my SuperBook app last night after reading this post. I almost didn’t do it at first! You look at what’s left and at least where I am there’s just not another out quite like them. It was nice to have in the arsenal and will be missedComment
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International books had SGPs for a little while before US legals arrived, but yes it is new. And there can be wide variations in odds between books depending on how they calc the correlation and obv how 'generous' they are too.
You'd think getting a system in place would pay for itself for them though.Comment
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Yeah I don’t know…you’d think Circa would do this too, because they seem pretty limited as to where they can even open due to different states’ tax requirements and such. Prime is another place with a similar business model. I’d assume it comes down to resources. If your goal is to be a sharp book with house limits for all and welcomes all action, you may not also be able to be all things to the average dickweed that wants to turn $5 into a million. The book that is all things to all people doesn’t seem to exist at least in the USA, so there has to be a reason. But your guess is as good as mine.Comment
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Use them here in Ohio...no volume here...draft kings ...fanduell and betjack rule market
Rumors of betmgm leaving alsoComment
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Superbook was super disapointing. Limited me pretty quickly. They don't really have props, so I got limited off of MLB, NFL and NHL. Would only take $50 on NPB and KBO. At the point of limiting, would take 70$ on NHL totals.
Oh well. I don't understand why books don't even try. Be a rec book, offer good bonuses and lots of bets and limit people, or be a sharp book and actually take bets from people. Being a shittier rec book than all the others with no marketing is an obvious failure.Last edited by Waterstpub87; 07-21-24, 07:19 AM.Comment
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They are losing steam in Nevada too. I don’t know a single bettor that uses them.Comment
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Sounds like out of staters most disappointed cant join the Supercontest now.Comment
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I’m pissed it was my best book for baseball only App that offered 10c in NJ for baseball. Paid me but only in person was the drawback
What are they doing with pending futures for footballComment
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Tough loss here in NJ...very good bookComment
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Any idea on futures what they are doingComment
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