I think unfortunately, calcuttas are some of the finest bets a gambler can get. Low risk to return compared to other bets pulls in outside gamblers and I suspect the top calcutta buyers couldn't run a rack any time in their lives.
obviously, pool players can't buy half of tens of thousands of dollars. If they could that is what entry fees would be to begin with. The players are left with the old school "jelly" but I am left wondering if they are getting much in the way of jelly. These calcutta buyers are spreading their money out so their risks are low but so are their profits. I doubt that the gamblers are cutting in the pool players for ten percent of the gross, even ten percent of the net on one bet when they are losing on other bets. How about their pro ball, poker, the horses, and other bets? Most even moderately smart gamblers are keeping up with their bets everywhere. Are they paying a voluntary jelly when they are in the red other places? Is the jelly anywhere near ten percent when the gamblers' profit percentage is low already?
There are other issues that I don't care to discuss in public too. The calcuttas bring a lot of excitement but I suspect they aren't what they appear to be, at least when these huge calcuttas are involved.
Hu
obviously, pool players can't buy half of tens of thousands of dollars. If they could that is what entry fees would be to begin with. The players are left with the old school "jelly" but I am left wondering if they are getting much in the way of jelly. These calcutta buyers are spreading their money out so their risks are low but so are their profits. I doubt that the gamblers are cutting in the pool players for ten percent of the gross, even ten percent of the net on one bet when they are losing on other bets. How about their pro ball, poker, the horses, and other bets? Most even moderately smart gamblers are keeping up with their bets everywhere. Are they paying a voluntary jelly when they are in the red other places? Is the jelly anywhere near ten percent when the gamblers' profit percentage is low already?
There are other issues that I don't care to discuss in public too. The calcuttas bring a lot of excitement but I suspect they aren't what they appear to be, at least when these huge calcuttas are involved.
Hu