Great point by David here, I hear a lot of discussion on twitter regarding the low margin high volume model in Sports betting vs the "European" model not competing as much on price but more with product and extensive fun offer and targeting the recreational players 1/x https://twitter.com/DavidPurdum/status/1293887353023606784

It is mostly pro punters arguing it is unfair to limit winning players etc. and I totally get their point, however the model only works if there are enough recreational players that care about the absolute best price and highest volume, most don’t, maybe 2-3% do. 2/x

I used to play professional poker back in the days and it was great to start with, on a 9 handed table you maybe had 7 recreational players and 2 winning players, plenty of fish in the sea. Once that changed and it was 7 winning players and 2 fishes dynamics changed 3/x

The games got unsustainable neither pros or recreational players wanted to play as much and it has been in slow decline for years. Same thing is happening in Fantasy sports and to some extent in professional sports betting too, it has become much harder. 4/x

I hear many larger syndicates struggle and limits in Asia going down etc, same for offshore U.S as references in thread, there has to be enough fish to fry, it’s not enough to only having pros betting against you. So, the question again is do enough recreational players care? 5/x

My personal belief after many years in the sports betting industry is, I don’t really think so, however the recreational books can’t relax and still have to be “good enough” and competitive enough on price to attract the avg players and that will lead to death of offshore 6/x