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Author: [Gaming Industry - US] Topic: So has Covers completely washed their hands of the Beted situation?
SnotBoogy send a private message View Space | Friends | Playbook | My Sportsbook: bet365 |
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#201
Posted: 12/3/2011 8:11:07 PM
freedom, any news?
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I_Need_A_Detox
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#202
Posted: 12/4/2011 2:38:16 PM

Posted Friday, April 15, 2011 07:20 PM

The end of online gambling is near

Yes, todays news from the poker world is bad. No, it is worse than bad.

How bad? Bad enough to potentially bring down the 3 top poker sites - Pokerstars and Full Tilt together swamp the online sports betting world in terms of volume. So one can only assume that this is very bad for the extremely limited sports betting that is left out there for Americans.

The cliff notes are that Pokerstars, Ulitmate Bet, and Full Tilt were using undercover ways to fund and pay accounts in America. They bought off bank presidents, bought banks outright, and used CC and WU methods that the DOJ deems illegal according to the UIGEA of 2006. Indictments were handed out today, and no official word has come from the sites - but there is much speculation from very reliable sources that they will most likely shut down completely. At best, they will remain open for non-Americans, but Americans poker playing days online are all but done.

I wonder what Negranu, Hellmuth, Ivey - and those other posers will do now - will they just make a cash grab and disappear or will they fight with the money they made on the backs of the players to get something done. I wonder what this will do to the poker movement - it could go one way or the other - but what are the odds on a bunch of degenerates getting organized and getting something done? Maybe the PPA will do something - I hope so.

Sounds similar to sports betting? How do you think the few sportsbooks left out there will feel when they contemplate this knowing they do the same exact things to keep Americans?

The end is near my dear friends. Sure there will always be places that will take wagers with extreme risks and non-transparancy to the bettor, but the days of trust are gone. Any book can close at any time, your money could be gone at any book at any time.

This is a big deal. Some might say that online gambling for Americans couldnt get worse, but today it got enormously worse. I have my own opinions about why this is happening - and those have to do with paving the way for inevitable legalization and taxation and knocking these guys out for financial gain - but that is just opinion and doesnt really matter. The reality is that I wouldnt have a penny offshore now at any book that accepts Americans. If you have money at Pinnacle or Betfair - you are probably fine - but unless you are willing to lose your money at any time, just sit out for a while. Pokerstars and Fulltilt are in a different stratisphere compared to bookmaker and greek - if they can go (at least for Americans) then certainly anything can happen to those remaining.

Keep your eyes and ears open - things are happening quickly - stay on top of the news and stay on top of your balances.

Today, we went from being very cold to entering the ice age of online gambling. The good news is, the ice always seems to melt eventually.

 

Vanzack ...... April 15, 2011

I guess you should have read that.

 

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#203
Posted: 12/4/2011 2:40:07 PM

"The reality is that I wouldnt have a penny offshore now at any book that accepts Americans."

April 15th, 2011.

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#204
Posted: 12/7/2011 1:09:38 PM
I'm one of the lucky ones that got hosed with a BetEd account.  And I have not used an online sportsbook since.  Did fantasy football this year instead.  But the bowl season is upon us and I would like to bet some games.  

I'm still of the mind that there really are no reliable books out there, and this thread hasn't changed my mind.  If I'm missing something, let me know.  Just started looking into this again for the first time this season. 


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wizardofroz
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#205
Posted: 12/8/2011 10:22:44 AM
QUOTE

Originally Posted by danstyk:

I'm one of the lucky ones that got hosed with a BetEd account.  And I have not used an online sportsbook since.  Did fantasy football this year instead.  But the bowl season is upon us and I would like to bet some games.  

I'm still of the mind that there really are no reliable books out there, and this thread hasn't changed my mind.  If I'm missing something, let me know.  Just started looking into this again for the first time this season. 


Your offshore options are VERY limited, but Heritage is a SOLID book.  Very similar to BetJamaica, which I had an account with for about 10 years.  And I have had NO withdrawal problems with Heritage.

FWIW, I would not even remotely consider using any site that Covers advertises.  I use due diligence and thoroughly research on the internet before choosing a book.

Good luck with whatever you decide to use for the bowl season and on down the road. 

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#206
Posted: 12/8/2011 2:18:01 PM
helloooooo Freedom.................................
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#207
Posted: 12/8/2011 5:26:20 PM
 Freedom figured it would be better to plead the 5th than to make any more shallow promises.
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#208
Posted: 12/10/2011 7:23:27 AM
Thx Wizard, I'll check it out. 
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#209
Posted: 12/17/2011 3:16:41 PM
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#210
Posted: 12/18/2011 6:39:12 PM
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#211
Posted: 12/21/2011 9:41:05 PM
hey freedom just wondering how your efforts and promises are going
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#212
Posted: 12/22/2011 2:50:01 PM
They are going swimmingly on the beach in the South of France,
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#213
Posted: 1/4/2012 7:58:32 PM
happy new year, hope we hear some good news this year
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#214
Posted: 2/11/2012 2:40:05 PM
freedom, whats up man?
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#215
Posted: 2/11/2012 7:25:14 PM
man up, man.
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mbialowas send a private message View Space | Friends | Playbook | My Sportsbook: Bally's Las Vegas |
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#216
Posted: 2/12/2012 12:16:55 AM

Bunch of horse garbage prickwads

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#217
Posted: 2/13/2012 10:37:01 AM
these jackoffs are funny.......told folks at the time......its all BS
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#218
Posted: 2/13/2012 6:52:23 PM
#neverforget

#betedcoversscrewedus
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#219
Posted: 2/13/2012 7:58:35 PM
#Snotboogy is by far dumbest name on covers 
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#220
Posted: 2/13/2012 9:19:37 PM

I was on BetEd for a while, but luckily had no money on their site when it got raided. But like a lot of people on here I joined because it was Covers 'top rated site'. I was surprised to see how a chintzy site it was.  This was a top rated book? I left after they fixed their software glitch in the casino. Where I subsequently made a tidy profit off their gremlins. After what happened, I feel no remorse.  

 

 

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#221
Posted: 2/20/2012 2:56:52 AM
Had an account with Beted until they went offline.....any chance of getting my funds back?
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#222
Posted: 2/20/2012 3:28:13 PM
QUOTE

Originally Posted by hankytank:

Had an account with Beted until they went offline.....any chance of getting my funds back?

No

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#223
Posted: 2/27/2012 5:45:54 PM
hi
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casey275
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#224
Posted: 2/29/2012 2:17:59 AM
   Somebody might have discussed this already, but I'm entirely too lazy to read all nine pages of comments, so I apologize if this info is repeated. 

   Anyway, I read the Forum topic and went to checkout bodog.com (which I do not have an account with) and saw the dreaded domain has been seized banner. This happened to my Bookmaker account last year. A few months later, I received an email from Bookmaker saying that their domain name had changed to Bookmaker.eu and that my account was now active. Sweet!!

   So what happened is, the all knowing U.S. government seized a domain name that was registered in the United States, which unfortunately they can do. Bookmaker changed their domain name to a foreign designation and were back in business. 

   If you have ever traveled outside the CONUS, you might have noticed that in Australia, yahoo.com is au.yahoo.com and in England, uk.yahoo.com and so on. Here is a link to what those two letters mean.. 
http://en.wikipedia.org/wiki/Country_code_top-level_domain

  I honestly don't know, but I highly doubt that the U.S. govt. can seize foreign domains. But stranger things have happened. Anyone who has ever worked with the mighty U.S. govt. knows that in order to take action on something like this, it takes time and a ton of paperwork. So in my opinion, (and I'm just guessing here) worst case scenario, it's a never ending game of cat and mouse. U.S. seizes, website changes domain, U.S. takes months to re-file and once again seizes, website changes, U.S. takes months to re-file and once again seizes, website changes and so on and so on. Best case scenario, they can't touch the foreign domains and we all live happily ever after. But who knows. Hope this helps somebody. Good luck to you all.

   


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casey275
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#225
Posted: 2/29/2012 2:49:49 AM
Sorry about that, I got a little off topic. My advice, as shitty as it sounds, is to wait it out. But if you want the stress and aggravation of fighting with them by all means knock yourself out. Because honestly, we're all doing something we are not supposed to be doing, and offshore books are a shady business anyway. Hope it works out. 

 As far as Covers and their promoting Bodog. I really don't see how this is their fault. They advertised their website, probably received some kick backs, and the U.S. seized it. The government is to blame, not Covers. That's like being mad at the Super Bowl because you bought Bud Light because of a funny commercial, drank one beer and got busted for public intoxication by the police. The cop being a douche is the bad guy. Not the NFL. Come on people. I know a forum is an easy outlet, but let's think this through.

   Just my two cents. Good luck to everyone.

 
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