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    All Forums | General Discussion

    The end of online gambling is near

    «First Previous 123 ... 192021 Next Last»
    BigShotBill
    Messier-11
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    kaponofor3
    DannySchayes
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    BigShotBill
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    Posted: Jul. 26, 2011 - 7:48 PM ET #476

    It seems like everyones best bet is to just pull all of their money out of offshore books.
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    It seems like everyones best bet is to just pull all of their money out of offshore books.
     
    Messier-11
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    Posted: Jul. 26, 2011 - 8:20 PM ET #477

    Quote Originally Posted by BigShotBill:

    Hey Van,

    I have read alot of pages on this thread and your feedback has been great. I still have an account at sportsbetting.com and my question is should I pull out or keep my money in there?


    you should have pulled your money from there even before the online books started getting seized
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    Quote Originally Posted by BigShotBill:

    Hey Van,

    I have read alot of pages on this thread and your feedback has been great. I still have an account at sportsbetting.com and my question is should I pull out or keep my money in there?


    you should have pulled your money from there even before the online books started getting seized
     
    jimmydafreak
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    Posted: Jul. 28, 2011 - 10:35 AM ET #478

    bump
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    bump
     
    jimmydafreak
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    Posted: Jul. 28, 2011 - 11:16 AM ET #479

    Forgive me if this has already been addressed becasue I have read the entire thread, but I still don't see how this effects offshore bookmaking.  Sure they can seize some domains and post scarey offical logos on them, but they have no jurisdiction to go after legal offshore books.  And yes they can make transfering money back and forth somewhat cumbersome, but they have been doing that for years.

     

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    Forgive me if this has already been addressed becasue I have read the entire thread, but I still don't see how this effects offshore bookmaking.  Sure they can seize some domains and post scarey offical logos on them, but they have no jurisdiction to go after legal offshore books.  And yes they can make transfering money back and forth somewhat cumbersome, but they have been doing that for years.

     

     
    jimmydafreak
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    Posted: Jul. 28, 2011 - 11:18 AM ET #480

    Quote Originally Posted by jimmydafreak:

    Forgive me if this has already been addressed becasue I have read the entire thread, but I still don't see how this effects offshore bookmaking.  Sure they can seize some domains and post scarey offical logos on them, but they have no jurisdiction to go after legal offshore books.  And yes they can make transfering money back and forth somewhat cumbersome, but they have been doing that for years.

    Meant to say "haven't read the entire thread."

     

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    Quote Originally Posted by jimmydafreak:

    Forgive me if this has already been addressed becasue I have read the entire thread, but I still don't see how this effects offshore bookmaking.  Sure they can seize some domains and post scarey offical logos on them, but they have no jurisdiction to go after legal offshore books.  And yes they can make transfering money back and forth somewhat cumbersome, but they have been doing that for years.

    Meant to say "haven't read the entire thread."

     

     
    kaponofor3
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    Posted: Jul. 28, 2011 - 2:45 PM ET #481

    Jimmy -- I recommend you read the entire thread
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    Jimmy -- I recommend you read the entire thread
     
    DannySchayes
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    Posted: Jul. 28, 2011 - 2:53 PM ET #482

    If/When 5Dimes shuts down then you know there is big trouble.  Tony has stated to everyone that will listen that he will not leave the U.S. market...period.  So if the time comes and all of a sudden 5Dimes is no longer around/dealing with U.S. customers you know the shit has hit the fan.

    From what I've been told from sources close to the old shop, Spiro has been dealing with a lot of processor headaches and constantly having to adjust almost weekly.  He's an older guy and has plenty of money and it's not that he doesn't want MORE money, it's the fact that it's not simple GETTING the money anymore.

    A lot of the old reliable processors are no longer taking the risk to move money from U.S. customers and you can't trust the new startups.. anyone willing to accept the risk is asking Spiro to essentially bend over and he's just sick of dealing with the trash.  Makes perfect sense but that's what I've been told from old reliables.
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    If/When 5Dimes shuts down then you know there is big trouble.  Tony has stated to everyone that will listen that he will not leave the U.S. market...period.  So if the time comes and all of a sudden 5Dimes is no longer around/dealing with U.S. customers you know the shit has hit the fan.

    From what I've been told from sources close to the old shop, Spiro has been dealing with a lot of processor headaches and constantly having to adjust almost weekly.  He's an older guy and has plenty of money and it's not that he doesn't want MORE money, it's the fact that it's not simple GETTING the money anymore.

    A lot of the old reliable processors are no longer taking the risk to move money from U.S. customers and you can't trust the new startups.. anyone willing to accept the risk is asking Spiro to essentially bend over and he's just sick of dealing with the trash.  Makes perfect sense but that's what I've been told from old reliables.
     
    I_Need_A_Detox
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    Posted: Jul. 28, 2011 - 10:45 PM ET #483

    shit already hit the fan. any american that has 4 figures in any gambling account is a moron. imho of course.

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    shit already hit the fan. any american that has 4 figures in any gambling account is a moron. imho of course.

     
    jimmydafreak
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    Posted: Jul. 28, 2011 - 11:09 PM ET #484

    Quote Originally Posted by TheU3221:

    Heres a Crazy thought, Play w the Local Guy, like u did up until a couple yrs ago, i never had a problem, $ was Always Good, never had 2 worry about a wire transfer, what country, is it Legit, I'm glad all these Offshore places r getting Squashed

    Evidently you don't win much, because the same thing always happens with local books.  As soon as you start winning, they start sqeezing you, and then you just don't get paid.  All of my relationships with local have ended with them owing me money.  One has owed me over $100k for 5 years.  I haven't seen a penny of it, and never will.  So in the end you can't win with a local because you will either lose and he'll love you, or you'll win and won't get paid. 

     

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    Quote Originally Posted by TheU3221:

    Heres a Crazy thought, Play w the Local Guy, like u did up until a couple yrs ago, i never had a problem, $ was Always Good, never had 2 worry about a wire transfer, what country, is it Legit, I'm glad all these Offshore places r getting Squashed

    Evidently you don't win much, because the same thing always happens with local books.  As soon as you start winning, they start sqeezing you, and then you just don't get paid.  All of my relationships with local have ended with them owing me money.  One has owed me over $100k for 5 years.  I haven't seen a penny of it, and never will.  So in the end you can't win with a local because you will either lose and he'll love you, or you'll win and won't get paid. 

     

     
    I_Need_A_Detox
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    Posted: Jul. 29, 2011 - 1:21 AM ET #485

    Quote Originally Posted by coversRobbedMe:

    online gambling can never end, will never end, it can't be stopped. You are a moron who hasn't been through anything. When paypal and visa and mastercard were shut down dimwits like yourself were calling for the end of online gambling. And that was right before the big boom in poker...then neteller and party poker were the end..but it didn't end!

    Look into bitcoin sportsbooks and poker, bitcoin is p2p like bitorrent so it cannot be controlled by anyone, and that includes governments. So it is impossible to stop gambling using bitcoins.

    who are you talking to?

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    Quote Originally Posted by coversRobbedMe:

    online gambling can never end, will never end, it can't be stopped. You are a moron who hasn't been through anything. When paypal and visa and mastercard were shut down dimwits like yourself were calling for the end of online gambling. And that was right before the big boom in poker...then neteller and party poker were the end..but it didn't end!

    Look into bitcoin sportsbooks and poker, bitcoin is p2p like bitorrent so it cannot be controlled by anyone, and that includes governments. So it is impossible to stop gambling using bitcoins.

    who are you talking to?

     
    PrimeTimeBoys
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    Posted: Jul. 29, 2011 - 4:03 AM ET #486

    Quote Originally Posted by jimmydafreak:

    Evidently you don't win much, because the same thing always happens with local books.  As soon as you start winning, they start sqeezing you, and then you just don't get paid.  All of my relationships with local have ended with them owing me money.  One has owed me over $100k for 5 years.  I haven't seen a penny of it, and never will.  So in the end you can't win with a local because you will either lose and he'll love you, or you'll win and won't get paid. 

     



    Im assuming you won $100k in one week because after being up with a local & not collecting after that one week, I wouldnt be playing with him anymore until I got my money. So were you up $100k after just one week or did you continue playing hoping he would pay you & he was hoping you would lose?
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    Quote Originally Posted by jimmydafreak:

    Evidently you don't win much, because the same thing always happens with local books.  As soon as you start winning, they start sqeezing you, and then you just don't get paid.  All of my relationships with local have ended with them owing me money.  One has owed me over $100k for 5 years.  I haven't seen a penny of it, and never will.  So in the end you can't win with a local because you will either lose and he'll love you, or you'll win and won't get paid. 

     



    Im assuming you won $100k in one week because after being up with a local & not collecting after that one week, I wouldnt be playing with him anymore until I got my money. So were you up $100k after just one week or did you continue playing hoping he would pay you & he was hoping you would lose?
     
    vanzack
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    Posted: Jul. 29, 2011 - 10:24 AM ET #487

    Lets examine what would happen if you won 100K offshore....

    *  At a 3k limit per week per withdrawal by check (the most you can get out of most US facing books), it would take 33 weeks to get your winnings.

    *  At $50 per check, it would cost you $1,650 to get your money.

    *  And at 1 per week it would take about 8 months.

    So 8 months, $1,650 cost to you, and 33 3k checks to deposit at your bank - 1 every week for 33 weeks.

    Not too efficient.

    Support your local animal shelter. I am on twitter.
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    Lets examine what would happen if you won 100K offshore....

    *  At a 3k limit per week per withdrawal by check (the most you can get out of most US facing books), it would take 33 weeks to get your winnings.

    *  At $50 per check, it would cost you $1,650 to get your money.

    *  And at 1 per week it would take about 8 months.

    So 8 months, $1,650 cost to you, and 33 3k checks to deposit at your bank - 1 every week for 33 weeks.

    Not too efficient.

     
    vanzack
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    Posted: Jul. 29, 2011 - 12:57 PM ET #488

    Quote Originally Posted by vanzack:

    Click on Covers Top 10 Sportsbook list (recommendations for US players).

    First off, there are only 9, and secondly - one of the nine is BetJamaica who no longer exists.

    Round out the list with about a half dozen other books that nobody has ever heard of or would want to play at, and you have a good snapshot of the world off offshore sports betting these days.

    Imagine if it was your job to put together a top 10 list of sportsbooks for Americans?  Its like trying to put together a top 10 list of honest politicians, maybe you can get one or two, but you get stuck about there.

    It is now officially a top 8 list.

    And we have debt ceilling debates while they leave an estimated 50B a year sitting on the table that nobody wants in tax revenue.

    Support your local animal shelter. I am on twitter.
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    Quote Originally Posted by vanzack:

    Click on Covers Top 10 Sportsbook list (recommendations for US players).

    First off, there are only 9, and secondly - one of the nine is BetJamaica who no longer exists.

    Round out the list with about a half dozen other books that nobody has ever heard of or would want to play at, and you have a good snapshot of the world off offshore sports betting these days.

    Imagine if it was your job to put together a top 10 list of sportsbooks for Americans?  Its like trying to put together a top 10 list of honest politicians, maybe you can get one or two, but you get stuck about there.

    It is now officially a top 8 list.

    And we have debt ceilling debates while they leave an estimated 50B a year sitting on the table that nobody wants in tax revenue.

     
    Waxi
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    Posted: Jul. 30, 2011 - 3:28 AM ET #489

    Quote Originally Posted by vanzack:

    It is now officially a top 8 list.

    And we have debt ceilling debates while they leave an estimated 50B a year sitting on the table that nobody wants in tax revenue.

    Problem solved...

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    Quote Originally Posted by vanzack:

    It is now officially a top 8 list.

    And we have debt ceilling debates while they leave an estimated 50B a year sitting on the table that nobody wants in tax revenue.

    Problem solved...

     
    I_Need_A_Detox
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    Posted: Jul. 30, 2011 - 8:14 AM ET #490

    Quote Originally Posted by jimmydafreak:

    Evidently you don't win much, because the same thing always happens with local books.  As soon as you start winning, they start sqeezing you, and then you just don't get paid.  All of my relationships with local have ended with them owing me money.  One has owed me over $100k for 5 years.  I haven't seen a penny of it, and never will.  So in the end you can't win with a local because you will either lose and he'll love you, or you'll win and won't get paid. 

     

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    Quote Originally Posted by jimmydafreak:

    Evidently you don't win much, because the same thing always happens with local books.  As soon as you start winning, they start sqeezing you, and then you just don't get paid.  All of my relationships with local have ended with them owing me money.  One has owed me over $100k for 5 years.  I haven't seen a penny of it, and never will.  So in the end you can't win with a local because you will either lose and he'll love you, or you'll win and won't get paid. 

     

     
    Hoyasaxa
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    Posted: Aug. 14, 2011 - 12:46 PM ET #491

    Sorry-been away from Covers for a while but did have a Greek account and they transfered me to Heritage. I haven't used them-has anyone? Are they legit?

    Thanks!

     

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    Sorry-been away from Covers for a while but did have a Greek account and they transfered me to Heritage. I haven't used them-has anyone? Are they legit?

    Thanks!

     

     
    Waxi
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    Posted: Aug. 14, 2011 - 2:33 PM ET #492

    Quote Originally Posted by Hoyasaxa:

    Sorry-been away from Covers for a while but did have a Greek account and they transfered me to Heritage. I haven't used them-has anyone? Are they legit?

    Thanks!

    I was transferred as well. They are legit. I withdrew $800 immediately and left $300 in... Fed. Ex. check took 4 days to arrive.

    Website and betting options are below average but heard they will make canges and additions.

     

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    Quote Originally Posted by Hoyasaxa:

    Sorry-been away from Covers for a while but did have a Greek account and they transfered me to Heritage. I haven't used them-has anyone? Are they legit?

    Thanks!

    I was transferred as well. They are legit. I withdrew $800 immediately and left $300 in... Fed. Ex. check took 4 days to arrive.

    Website and betting options are below average but heard they will make canges and additions.

     

     
    Hoyasaxa
    Hoyasaxa
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    Posts: 5248
    Posted: Aug. 14, 2011 - 8:41 PM ET #493

    Thanks, Waxi-

    about to lay some futures I always do pretty well at and I don't want anysurprises at the end of Football season. That's what this forum is all about-anything I can do for you, let me know.

     

    Anyone else with ok feedback on Heritage, please advise.

    Quote Originally Posted by Waxi:

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    Thanks, Waxi-

    about to lay some futures I always do pretty well at and I don't want anysurprises at the end of Football season. That's what this forum is all about-anything I can do for you, let me know.

     

    Anyone else with ok feedback on Heritage, please advise.

    Quote Originally Posted by Waxi:

     
    Hoyasaxa
    Hoyasaxa
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    Posted: Aug. 16, 2011 - 1:38 AM ET #494

    Quote Originally Posted by vanzack:

    Thanks.  Very nice.

    Van:

     

    What's your read on Heritage? Would you trust them?

    Thanks for some great insights since Balck Friday here!

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    Quote Originally Posted by vanzack:

    Thanks.  Very nice.

    Van:

     

    What's your read on Heritage? Would you trust them?

    Thanks for some great insights since Balck Friday here!

     
    jimmydafreak
    jimmydafreak
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    Posts: 13951
    Posted: Aug. 16, 2011 - 2:02 AM ET #495

    Quote Originally Posted by PrimeTimeBoys:



    Im assuming you won $100k in one week because after being up with a local & not collecting after that one week, I wouldnt be playing with him anymore until I got my money. So were you up $100k after just one week or did you continue playing hoping he would pay you & he was hoping you would lose?

    It was over about a 10-11 day period.

     

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    Quote Originally Posted by PrimeTimeBoys:



    Im assuming you won $100k in one week because after being up with a local & not collecting after that one week, I wouldnt be playing with him anymore until I got my money. So were you up $100k after just one week or did you continue playing hoping he would pay you & he was hoping you would lose?

    It was over about a 10-11 day period.

     

     
    jimmydafreak
    jimmydafreak
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    Posted: Aug. 16, 2011 - 2:10 AM ET #496

    Quote Originally Posted by vanzack:

    Lets examine what would happen if you won 100K offshore....

    *  At a 3k limit per week per withdrawal by check (the most you can get out of most US facing books), it would take 33 weeks to get your winnings.

    *  At $50 per check, it would cost you $1,650 to get your money.

    *  And at 1 per week it would take about 8 months.

    So 8 months, $1,650 cost to you, and 33 3k checks to deposit at your bank - 1 every week for 33 weeks.

    Not too efficient.

    I'm not sure if there was a withdraw limit at Bookmaker, but if there was I never ran into it.  I always did withdrawal via wire transfer.  I'm assuming that's a no no these days.

    I have yet to fund my account for the college football season.  I'm not really sure what I'll do yet, but I guess I better get some clarification as to what my withdrawal options are, and what the cost will be.

    Thanks for the tip Vanzack.

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    Quote Originally Posted by vanzack:

    Lets examine what would happen if you won 100K offshore....

    *  At a 3k limit per week per withdrawal by check (the most you can get out of most US facing books), it would take 33 weeks to get your winnings.

    *  At $50 per check, it would cost you $1,650 to get your money.

    *  And at 1 per week it would take about 8 months.

    So 8 months, $1,650 cost to you, and 33 3k checks to deposit at your bank - 1 every week for 33 weeks.

    Not too efficient.

    I'm not sure if there was a withdraw limit at Bookmaker, but if there was I never ran into it.  I always did withdrawal via wire transfer.  I'm assuming that's a no no these days.

    I have yet to fund my account for the college football season.  I'm not really sure what I'll do yet, but I guess I better get some clarification as to what my withdrawal options are, and what the cost will be.

    Thanks for the tip Vanzack.

     
    jimmydafreak
    jimmydafreak
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    Posted: Aug. 16, 2011 - 2:18 AM ET #497

    Quote Originally Posted by I_Need_A_Detox:

    I spent way too time, energy and money into wagering football and basketball to play to make $50 wagers.  If that's your thing . . . great, but to me it is a colossal waste of time.

    Idiot!!!

     

     

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    Quote Originally Posted by I_Need_A_Detox:

    I spent way too time, energy and money into wagering football and basketball to play to make $50 wagers.  If that's your thing . . . great, but to me it is a colossal waste of time.

    Idiot!!!

     

     

     
    DoubleUp4Life
    DoubleUp4Life
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    Posts: 66896
    Posted: Aug. 18, 2011 - 4:02 PM ET #498

    Quote Originally Posted by jimmydafreak:

    Evidently you don't win much, because the same thing always happens with local books.  As soon as you start winning, they start sqeezing you, and then you just don't get paid.  All of my relationships with local have ended with them owing me money.  One has owed me over $100k for 5 years.  I haven't seen a penny of it, and never will.  So in the end you can't win with a local because you will either lose and he'll love you, or you'll win and won't get paid. 

     

    Calling Bull shit on this one

    Almost as bad as when you said you knew several AD's in the SEC and Newton has getting suspended before the Iron Bowl

    BEST OF HEALTH, HAPPINESS,WEALTH, BLESSINGS and LUCK TO ALL !!
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    Quote Originally Posted by jimmydafreak:

    Evidently you don't win much, because the same thing always happens with local books.  As soon as you start winning, they start sqeezing you, and then you just don't get paid.  All of my relationships with local have ended with them owing me money.  One has owed me over $100k for 5 years.  I haven't seen a penny of it, and never will.  So in the end you can't win with a local because you will either lose and he'll love you, or you'll win and won't get paid. 

     

    Calling Bull shit on this one

    Almost as bad as when you said you knew several AD's in the SEC and Newton has getting suspended before the Iron Bowl

     
    ocd
    ocd
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    Joined: Feb, 2011
    Posts: 1581
    Posted: Aug. 18, 2011 - 5:29 PM ET #499

    cali has a proposal in order to try and make on line poker legal for the golden state...

     

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    cali has a proposal in order to try and make on line poker legal for the golden state...

     

     
     
    Ktrain
    Ktrain
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    Posts: 6580
    Posted: Aug. 18, 2011 - 9:49 PM ET #500

    Quote Originally Posted by jimmydafreak:

    Evidently you don't win much, because the same thing always happens with local books.  As soon as you start winning, they start sqeezing you, and then you just don't get paid.  All of my relationships with local have ended with them owing me money.  One has owed me over $100k for 5 years.  I haven't seen a penny of it, and never will.  So in the end you can't win with a local because you will either lose and he'll love you, or you'll win and won't get paid. 

     

    Why wouldn't you hire some goon to get the money for a surcharge?

    Reply
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    Quote Originally Posted by jimmydafreak:

    Evidently you don't win much, because the same thing always happens with local books.  As soon as you start winning, they start sqeezing you, and then you just don't get paid.  All of my relationships with local have ended with them owing me money.  One has owed me over $100k for 5 years.  I haven't seen a penny of it, and never will.  So in the end you can't win with a local because you will either lose and he'll love you, or you'll win and won't get paid. 

     

    Why wouldn't you hire some goon to get the money for a surcharge?

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