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Big Business of Illegal Gambling

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Big Business of Illegal Gambling

"Paul" makes his living as an illegal bookmaker. He runs his own Web site, which is part of a much bigger conglomerate based in Costa Rica.

Paul charges his clients an 8 percent vig, or fee, on every bet. In a good year, he says he can make six figures, but the hard part — besides constantly being on his toes for law enforcement — is collections. Threats often backfire, as Paul learned when he left an angry voicemail for a deadbeat bettor.

"The next morning I woke up and I listened to my voice mail and he said 'Hey, if you ever call me again I will go right straight to metro.'" Paul dropped the collection attempts.