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    All Forums | Gaming Industry - US

    Another forum in the works on bailout for beted clients

    «First Previous 123 ... 91011 Next Last»
    slimjimjim9394
    Freedom@Stake
    SnotBoogy
    michael_coolman
    thehorsemen2
    ...
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    «First Previous 123 ... 91011 Next Last»
     
    slimjimjim9394
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    Posted: Jun. 9, 2011 - 11:31 PM ET #226

    I've refused to deposit or play at all the books advertised here until i get a bailout. That's what i told those sportsbook.
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    I've refused to deposit or play at all the books advertised here until i get a bailout. That's what i told those sportsbook.
     
    Freedom@Stake
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    Posted: Jun. 9, 2011 - 11:59 PM ET #227

    Quote Originally Posted by SnotBoogy:

    man lou and freedom won't even say hi anymore. this must be realllllllllllllllllllllllllllllllllllllllllly bad

    Been a long day.
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    Quote Originally Posted by SnotBoogy:

    man lou and freedom won't even say hi anymore. this must be realllllllllllllllllllllllllllllllllllllllllly bad

    Been a long day.
     
    SnotBoogy
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    Posted: Jun. 10, 2011 - 7:36 AM ET #228

    Quote Originally Posted by Freedom@Stake:


    Been a long day.

    tell me about it honey, let's talk. i'll make you a hot cocoa and rub your feet.
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    Quote Originally Posted by Freedom@Stake:


    Been a long day.

    tell me about it honey, let's talk. i'll make you a hot cocoa and rub your feet.
     
    SnotBoogy
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    Posted: Jun. 10, 2011 - 8:13 AM ET #229

    seriously though... 

    how has lou/freedom's opinion of hte beted guys changed/evolved over this whole fiasco? an outline please.... I mean obviously you thought they were decent people and businessmen before this all went down... then what? and now? 

    are you ready/willing to say they are crooks? shady? greedy?
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    seriously though... 

    how has lou/freedom's opinion of hte beted guys changed/evolved over this whole fiasco? an outline please.... I mean obviously you thought they were decent people and businessmen before this all went down... then what? and now? 

    are you ready/willing to say they are crooks? shady? greedy?
     
    michael_coolman
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    Posted: Jun. 10, 2011 - 8:17 AM ET #230

    THERE WILL BE NO BAILOUT
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    THERE WILL BE NO BAILOUT
     
    SnotBoogy
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    Posted: Jun. 10, 2011 - 8:20 AM ET #231

    Quote Originally Posted by michael_coolman:

    THERE WILL BE NO BAILOUT

    who says
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    Quote Originally Posted by michael_coolman:

    THERE WILL BE NO BAILOUT

    who says
     
    thehorsemen2
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    Posted: Jun. 10, 2011 - 11:55 AM ET #232

    Quote Originally Posted by SnotBoogy:


    who says


    Well this doesn't sound good

    Quote
    Thanks, Bill. And thanks for your help throughout this process. When we didn't hear back from the BetEd guys well past the deadline, Bill made our offer public so it'd be a matter of public record.

    You can see our offer down on post 76 of this thread; we tried to keep it very simple and fair for all. And that offer stands.

    Of course BetEd would have preferred an offer with cash up front; that's called Christmas. Only a complete ass would put money up front for a bailout deal... but we can only assume that's what they're still out there looking for.

    We do hope their players end up somewhere decent with a fair deal; it's certainly being spun that way elsewhere but this dragging it out helps no one. In the meantime, fingers crossed for you BetEd players!

    Cheers
    Alex
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    Quote Originally Posted by SnotBoogy:


    who says


    Well this doesn't sound good

    Quote
    Thanks, Bill. And thanks for your help throughout this process. When we didn't hear back from the BetEd guys well past the deadline, Bill made our offer public so it'd be a matter of public record.

    You can see our offer down on post 76 of this thread; we tried to keep it very simple and fair for all. And that offer stands.

    Of course BetEd would have preferred an offer with cash up front; that's called Christmas. Only a complete ass would put money up front for a bailout deal... but we can only assume that's what they're still out there looking for.

    We do hope their players end up somewhere decent with a fair deal; it's certainly being spun that way elsewhere but this dragging it out helps no one. In the meantime, fingers crossed for you BetEd players!

    Cheers
    Alex
     
    thehorsemen2
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    Posted: Jun. 10, 2011 - 12:17 PM ET #233

    Quote Originally Posted by thehorsemen2:



    Well this doesn't sound good

    Quote
    Thanks, Bill. And thanks for your help throughout this process. When we didn't hear back from the BetEd guys well past the deadline, Bill made our offer public so it'd be a matter of public record.

    You can see our offer down on post 76 of this thread; we tried to keep it very simple and fair for all. And that offer stands.

    Of course BetEd would have preferred an offer with cash up front; that's called Christmas. Only a complete ass would put money up front for a bailout deal... but we can only assume that's what they're still out there looking for.

    We do hope their players end up somewhere decent with a fair deal; it's certainly being spun that way elsewhere but this dragging it out helps no one. In the meantime, fingers crossed for you BetEd players!

    Cheers
    Alex


    Here is post #76 that betonline talks about

    Some details of the bailout...10% would be available each month as long as the balance was rolled over 1x. It's essentially a 10x rollover with the money being available in 10 pieces and after 1x rollover for each piece. No deposit. w/d fees would apply.

    If players happen to already bet at this book or want bigger action anyway, they can match their balance with a deposit and have their funds anytime after 10x rollover. It's essentially a no limit 100% bonus with 10x play-through.

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    Quote Originally Posted by thehorsemen2:



    Well this doesn't sound good

    Quote
    Thanks, Bill. And thanks for your help throughout this process. When we didn't hear back from the BetEd guys well past the deadline, Bill made our offer public so it'd be a matter of public record.

    You can see our offer down on post 76 of this thread; we tried to keep it very simple and fair for all. And that offer stands.

    Of course BetEd would have preferred an offer with cash up front; that's called Christmas. Only a complete ass would put money up front for a bailout deal... but we can only assume that's what they're still out there looking for.

    We do hope their players end up somewhere decent with a fair deal; it's certainly being spun that way elsewhere but this dragging it out helps no one. In the meantime, fingers crossed for you BetEd players!

    Cheers
    Alex


    Here is post #76 that betonline talks about

    Some details of the bailout...10% would be available each month as long as the balance was rolled over 1x. It's essentially a 10x rollover with the money being available in 10 pieces and after 1x rollover for each piece. No deposit. w/d fees would apply.

    If players happen to already bet at this book or want bigger action anyway, they can match their balance with a deposit and have their funds anytime after 10x rollover. It's essentially a no limit 100% bonus with 10x play-through.

     
    SnotBoogy
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    Posted: Jun. 10, 2011 - 12:48 PM ET #234

    I'm seriously getting close to writing a letter to the FBI saying i'd be totally willing to submit testimony or do whatever it takes to help put BETED behind bars, and take every last penny their families own.
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    I'm seriously getting close to writing a letter to the FBI saying i'd be totally willing to submit testimony or do whatever it takes to help put BETED behind bars, and take every last penny their families own.
     
    jopo302
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    Posted: Jun. 10, 2011 - 1:36 PM ET #235

    Lou and Freedom  why would you want to be even associated with Beted?
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    Lou and Freedom  why would you want to be even associated with Beted?
     
    Hobsjeff
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    Posted: Jun. 10, 2011 - 3:11 PM ET #236

    Hey Lou or Freedom,


    What the fuck guys?  You have a good majority of your readers who have money tied up in Beted.  And you get everyone excited about a bailout and now have ZERO new information. 

     

    How much more unreliable can you people get?  How would anyone trust or advertise with you after this dispicable and unprofessional way of handling this situation.

    You should be be providing your readers and YOUR customers with updates every 6 hours as far as i'm concerned.

    If you can't do anything to help then you shouldn't have said a fucking work to begin with.

     

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    Hey Lou or Freedom,


    What the fuck guys?  You have a good majority of your readers who have money tied up in Beted.  And you get everyone excited about a bailout and now have ZERO new information. 

     

    How much more unreliable can you people get?  How would anyone trust or advertise with you after this dispicable and unprofessional way of handling this situation.

    You should be be providing your readers and YOUR customers with updates every 6 hours as far as i'm concerned.

    If you can't do anything to help then you shouldn't have said a fucking work to begin with.

     

     
    esplanade
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    Posted: Jun. 10, 2011 - 3:19 PM ET #237

    This IS poor.
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    This IS poor.
     
    Lou
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    Posted: Jun. 10, 2011 - 3:25 PM ET #238

    Hobs,

    I don't like this any more than you, believe me.

    All we can do is report the info we get from our source.

    And our source is hampered by the fact that he is worried about all of his communication being monitored.

    Right now we have no update other than we were told we would receive our own update today.

    That's all I know.
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    Hobs,

    I don't like this any more than you, believe me.

    All we can do is report the info we get from our source.

    And our source is hampered by the fact that he is worried about all of his communication being monitored.

    Right now we have no update other than we were told we would receive our own update today.

    That's all I know.
     
    mtp104
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    Posted: Jun. 10, 2011 - 3:29 PM ET #239

    Sorry doesnt cut what is going on! Why as a customer is this happening! We are allowing these guys to fuk with us. Instead of waiting why don't we do something and stop waiting on Lou or freedom. Fuk this no contact from beted this is downright pathetic. Even if I got my money back covers has lost me permanetly
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    Sorry doesnt cut what is going on! Why as a customer is this happening! We are allowing these guys to fuk with us. Instead of waiting why don't we do something and stop waiting on Lou or freedom. Fuk this no contact from beted this is downright pathetic. Even if I got my money back covers has lost me permanetly
     
    mtp104
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    Posted: Jun. 10, 2011 - 3:31 PM ET #240

    Nothing! How embarrassing this must be for covers! Jokes on us though isn't it! Be prepared for a curveball in the coming months!
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    Nothing! How embarrassing this must be for covers! Jokes on us though isn't it! Be prepared for a curveball in the coming months!
     
    mtp104
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    Posted: Jun. 10, 2011 - 3:32 PM ET #241

    Lawsuits are coming and don't listen to people who say otherwise. Got a feeling covers is going down!
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    Lawsuits are coming and don't listen to people who say otherwise. Got a feeling covers is going down!
     
    Budget_Baller
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    Posted: Jun. 10, 2011 - 3:53 PM ET #242

    Hey guys, been watching this mess unfold for the past few weeks and I can honestly say the updates on covers are not even "up to date" as they are usually a few hours or up to a day behind the guys across the street. 

    Not exactly sure what kind of "source" or "contact" Lou has if he has been OUT OF CONTACT with him for a day.  Also, I think its pretty safe to say that negotiations probably ended a few days ago and another update will be posted by Lou that says absolutely nothing. 

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    Hey guys, been watching this mess unfold for the past few weeks and I can honestly say the updates on covers are not even "up to date" as they are usually a few hours or up to a day behind the guys across the street. 

    Not exactly sure what kind of "source" or "contact" Lou has if he has been OUT OF CONTACT with him for a day.  Also, I think its pretty safe to say that negotiations probably ended a few days ago and another update will be posted by Lou that says absolutely nothing. 

     
    MikeMed
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    Posted: Jun. 10, 2011 - 4:18 PM ET #243

    Quote Originally Posted by SnotBoogy:

    I'm seriously getting close to writing a letter to the FBI saying i'd be totally willing to submit testimony or do whatever it takes to help put BETED behind bars, and take every last penny their families own.


    Those bastards are too smart not to have hid a certain amount of good -bye $$$......These bastards offered 100% match bonuses just days before they were shut down raking in thousands....The US DOJ already has a good portion of their money and thats all anyone  will get. I really do like Covers web site but I just wish they would admit that they know BetED was not looking out for their customers rather screw them because they were getting screwed...Covers could win back there credibility faster if they stopped defending BetED  They never gave out that kind of promo until right before they were hit...If they would not have screwed their customers than I would just say they were victims like the rest of us.
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    Quote Originally Posted by SnotBoogy:

    I'm seriously getting close to writing a letter to the FBI saying i'd be totally willing to submit testimony or do whatever it takes to help put BETED behind bars, and take every last penny their families own.


    Those bastards are too smart not to have hid a certain amount of good -bye $$$......These bastards offered 100% match bonuses just days before they were shut down raking in thousands....The US DOJ already has a good portion of their money and thats all anyone  will get. I really do like Covers web site but I just wish they would admit that they know BetED was not looking out for their customers rather screw them because they were getting screwed...Covers could win back there credibility faster if they stopped defending BetED  They never gave out that kind of promo until right before they were hit...If they would not have screwed their customers than I would just say they were victims like the rest of us.
     
    richsox24
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    Posted: Jun. 10, 2011 - 4:18 PM ET #244

    Quote Originally Posted by Budget_Baller:

    Hey guys, been watching this mess unfold for the past few weeks and I can honestly say the updates on covers are not even "up to date" as they are usually a few hours or up to a day behind the guys across the street. 

    Not exactly sure what kind of "source" or "contact" Lou has if he has been OUT OF CONTACT with him for a day.  Also, I think its pretty safe to say that negotiations probably ended a few days ago and another update will be posted by Lou that says absolutely nothing. 

    Actually according to every other forum, it is covers who is to blame for a deal not getting done thus far.  Supposedly there have been a couple of A books (betonline included) that had good deals in place that never got finished. 

    I understand that each forum usually blames each other for just about everything but in this case its not like sbr is blaming therx and therx is blaming covers, and calvinayre.com blaming sbr, etc, etc,etc.  Each forum is solely blaming covers which really makes me wonder if covers did f-k this thing up for all of us.  It so far past ridiculous right now

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    Quote Originally Posted by Budget_Baller:

    Hey guys, been watching this mess unfold for the past few weeks and I can honestly say the updates on covers are not even "up to date" as they are usually a few hours or up to a day behind the guys across the street. 

    Not exactly sure what kind of "source" or "contact" Lou has if he has been OUT OF CONTACT with him for a day.  Also, I think its pretty safe to say that negotiations probably ended a few days ago and another update will be posted by Lou that says absolutely nothing. 

    Actually according to every other forum, it is covers who is to blame for a deal not getting done thus far.  Supposedly there have been a couple of A books (betonline included) that had good deals in place that never got finished. 

    I understand that each forum usually blames each other for just about everything but in this case its not like sbr is blaming therx and therx is blaming covers, and calvinayre.com blaming sbr, etc, etc,etc.  Each forum is solely blaming covers which really makes me wonder if covers did f-k this thing up for all of us.  It so far past ridiculous right now

     
    Budget_Baller
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    Posted: Jun. 10, 2011 - 4:32 PM ET #245

    Quote Originally Posted by richsox24:

    Actually according to every other forum, it is covers who is to blame for a deal not getting done thus far.  Supposedly there have been a couple of A books (betonline included) that had good deals in place that never got finished. 

    I understand that each forum usually blames each other for just about everything but in this case its not like sbr is blaming therx and therx is blaming covers, and calvinayre.com blaming sbr, etc, etc,etc.  Each forum is solely blaming covers which really makes me wonder if covers did f-k this thing up for all of us.  It so far past ridiculous right now

    Im quite familiar with the situation but I think blaming this entirely on covers would be foolish.  I dont really think thats what you were implying but I understand what you mean. 

    I think the biggest point to make is that Covers has been implying that they are helping the situation while its has not exactly become apparent what they have done.  If you read the Beted updates thread by Lou all 4 updates contain pretty much zero info. 

    I believe this is all going to come down to Beted demanding money up front and manipulating the books to make the debt liability appear as less than what it really is.  Write this down, there will be no bailout and Covers will claim that they are working on a new deal, most likely later on today or later this weekend. 

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    Quote Originally Posted by richsox24:

    Actually according to every other forum, it is covers who is to blame for a deal not getting done thus far.  Supposedly there have been a couple of A books (betonline included) that had good deals in place that never got finished. 

    I understand that each forum usually blames each other for just about everything but in this case its not like sbr is blaming therx and therx is blaming covers, and calvinayre.com blaming sbr, etc, etc,etc.  Each forum is solely blaming covers which really makes me wonder if covers did f-k this thing up for all of us.  It so far past ridiculous right now

    Im quite familiar with the situation but I think blaming this entirely on covers would be foolish.  I dont really think thats what you were implying but I understand what you mean. 

    I think the biggest point to make is that Covers has been implying that they are helping the situation while its has not exactly become apparent what they have done.  If you read the Beted updates thread by Lou all 4 updates contain pretty much zero info. 

    I believe this is all going to come down to Beted demanding money up front and manipulating the books to make the debt liability appear as less than what it really is.  Write this down, there will be no bailout and Covers will claim that they are working on a new deal, most likely later on today or later this weekend. 

     
    MikeMed
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    Posted: Jun. 10, 2011 - 4:35 PM ET #246

    Does anyone know of a book that the US FEDS hit that did not operate out of Costa Rica?
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    Does anyone know of a book that the US FEDS hit that did not operate out of Costa Rica?
     
    mtp104
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    Posted: Jun. 10, 2011 - 4:45 PM ET #247

    Budget baller is dead on! We are screwed unless customers take own action and make some noise!
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    Budget baller is dead on! We are screwed unless customers take own action and make some noise!
     
    michael_coolman
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    Posted: Jun. 10, 2011 - 4:57 PM ET #248

    Ok, its now 3:57 PM CST and guess what NO NEWS!!!!!!!

    Covers and former BetED users are Fucked...........

    Im going to SBR, Fuck these guys.

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    Ok, its now 3:57 PM CST and guess what NO NEWS!!!!!!!

    Covers and former BetED users are Fucked...........

    Im going to SBR, Fuck these guys.

     
    Budget_Baller
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    Posted: Jun. 10, 2011 - 5:03 PM ET #249

    Im not saying we should or could take any action.  Unfortunately, all of us are at the mercy of the parties involved in the negotiating and whoever is in charge at Beted.  It would be impossible to take any action without having any access to the database or any of our account info.  

    All im saying is that it is quite obvious that negotiations might have been in place but have been over for a while.  Im just waiting for the next update to state the obvious, that the current bailout has failed, covers will be working on a new one in the upcoming days. 

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    Im not saying we should or could take any action.  Unfortunately, all of us are at the mercy of the parties involved in the negotiating and whoever is in charge at Beted.  It would be impossible to take any action without having any access to the database or any of our account info.  

    All im saying is that it is quite obvious that negotiations might have been in place but have been over for a while.  Im just waiting for the next update to state the obvious, that the current bailout has failed, covers will be working on a new one in the upcoming days. 

     
     
    dixonbets
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    Posted: Jun. 10, 2011 - 5:13 PM ET #250

    Up & Down! Feel like I am on a roller coaster. I hope they are just making sure everything is right before the decision is made.  BetEd needs to get off there sorry asses and do whats right!  Give the players that once trusted you, a chance to get their money back.  It's gonna be hard living life always looking behind your shoulder.  Karma is a bitch and it's coming.  No hard feelings towards Covers on my end, at least they are trying to help.  Hoping for the best!
    Gambling is only a problem when your losing!
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    Up & Down! Feel like I am on a roller coaster. I hope they are just making sure everything is right before the decision is made.  BetEd needs to get off there sorry asses and do whats right!  Give the players that once trusted you, a chance to get their money back.  It's gonna be hard living life always looking behind your shoulder.  Karma is a bitch and it's coming.  No hard feelings towards Covers on my end, at least they are trying to help.  Hoping for the best!
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