1. #36
    sickler
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    Shrink had the guarantee for Oddsmaker. Imagine if he were around and had to cover all the players when the book collapsed.







    That was a sad pimp job. Didn't oddsmaker have ads with Weitzner's pic on them?
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  2. #37
    raiders72001
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    Shrink helped me in the past. Both Shrink and Major guaranteed books for a certain amount of money for a short period of time. It would be a great move by SBR to guarantee funds.

  3. #38
    Pareto
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    Quote Originally Posted by JasonDC View Post
    No offence Mike, but if you think it makes zero business sense for books to bailout players then maybe you have zero business sense.
    It would be a horrible business decision for books to bail out BI. As stated earlier most of the customers had accounts with other books. Why did they switch to BI then? Because they offered -108 + free half point + huge bonuses + rebates. Just look at this link and see how absurd their offers where. Anyone could make money at this book.

    http://www.sportsbookreview.com/forum/sportsbook...ial-rules.html

    So if BI gets bailed out, what wil happen the next time a new book comes that offers huge bonuses, low vig etc.? Well, you know you will get bailed out by the big books if it collapses so why not take advantage of it.
    It would make more sense for the big books to bail out a company like Wsex that once was an industry leader. Betislands was just a new company with a unsustainable business model.

    And that is probably the most shocking. I am not an insider, so I didnt know how many people played at these places. So i was shocked seeing that only a few hundred players played at Betislands.
    How can a company with only a few hundred players and an unsustainible business model get a B rating? The minute the so called financial backer leaves, then the company is doomed.
    I just skimmed SBR's rating list and saw that Bwin, a publicly listed company with 10.000s of customers and a market value of more than 1 billion dollars is rated B-.

    How can it be safer to play at a small shop like Betislands than to play at Bwin?? ( and I am not advocating playing at Bwin, as I was limted there a long time ago)

  4. #39
    bubba
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    Quote Originally Posted by Pareto View Post
    And that is probably the most shocking. I am not an insider, so I didnt know how many people played at these places. So i was shocked seeing that only a few hundred players played at Betislands.
    How can a company with only a few hundred players and an unsustainible business model get a B rating? The minute the so called financial backer leaves, then the company is doomed.
    I just skimmed SBR's rating list and saw that Bwin, a publicly listed company with 10.000s of customers and a market value of more than 1 billion dollars is rated B-.

    How can it be safer to play at a small shop like Betislands than to play at Bwin?? ( and I am not advocating playing at Bwin, as I was limted there a long time ago)
    if sbr made it clear how small betislands was (both # of players/and number of employees) it would have saved me and others a lot of money. And would have saved me from being severely depressed over the last 2 months too.
    Points Awarded:

    ABEHONEST gave bubba 3 SBR Point(s) for this post.


  5. #40
    Dwayne74
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    Lets try to clear up some misinformation that is being posted in this thread. First, nearly every poster who says that it makes no business sense for 5 of the top books to bailout bi has zero idea how the offshore industry works. Not only would these books gain valuable press and goodwill but they would restore faith among american offshore players especially bigger players that their funds are and will be safe in the future. In addition the books can stipulate that you have to deposit a percentage of your bi balance, set forth a large rollover and even put a hold on bi bailout money withdrawals for 60-90 days. Even if many of the bi players already have accounts at potential bailout candidates like heritage,legends,bookmaker,justbet,youwa ger they either might not be using them or not giving them as much action as other places. By partnering for a bailout books would receive a large amount in deposits and not have to pay out withdrawals for a couple of months for those lucky enough to survive the rollover. Lets also not forget most of us had large amounts of money in bet islands for the sole reason that sbr who many of us rightly or wrongly consider the leading industry watch dog publicly,quite clearly, and on multiple occasions said our funds were safe and bi financial backing was sound. There is a lot on the line here. People will take action in some form if the funds are not returned in some way. Also for those of you that come in these threads and say we should have known, our money is gone, there is no chance of a bailout,etc if you arent in fact ghost posters representing the very people who stole or were complicit in the theft of our funds than just find another outlet or place to be asses bc if you arent helping our cause you are hurting it. This is anything but a laughing matter to those of us that have had money we have worked very hard for stolen, it is deathly serious and should be treated as such.

  6. #41
    InsiderHer
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    Firstly, why would you want players you already have? Secondly, why would you want to cater to sharper players? In either case it wouldn't make any sense. You would drive down profits just to make a statement.

    And, why would you think a bailout would create a bunch of deposits? You would create a limited amount of deposits.

    And, most importantly, Play c r, ez s ports, and i vic e, have already been marketing the same players. Player cannibalism is what started this ugly mess. While you provide a total bailout, these competitive books cherry pick the losers saying we are an invite book only.

    Don't think I don't feel for you because I do, but even though sharper players provide extra volume, hold percentages drop while balances increase. You could put your good reputation in jeopardy because everyone ate a line of bullshit.

  7. #42
    FreeFall
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    Quote Originally Posted by BigDaddy View Post
    risk vs reward

    i cant even believe people think other books should make up for another books bad business.

    if a book did do that they should make you sign a waiver saying you will never deposit at a brand new book ever again.

    wtf has this world come to does anyone take responsibility for their own actions anymore?
    Not in the US anymore that's for sure. Those that do are getting attacked more and more each year with tax hikes. So what happens when they all leave?

  8. #43
    sneak-a-peak
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    A lot of you guys are not factoring in the guys that had accounts there but no balances cuz they went bust early or the lurkers who were considering posting up.

    Now they are also on the sidelines thinkin well if I would have won I would not have been paid...... you think they are going to be more inclined to post up next year especially if they are fairly new to this?

    Its not just about us guys who got caught hanging out to dry. Its about customers , potential customers and "future" customers

    This is a big stain for lots and there will be a ripple effect for sure

    Its up to leaders now. This is crossroad point for very many of us and "future" us

  9. #44
    jjczar
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    I'm in as well

    Got screwed. Can't hurt. And, yes, I won't be sending out more money. I have balances that I will play down. Then, i will go back to local if something isn't made right.

  10. #45
    ABEHONEST
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    Quote Originally Posted by 5mike5 View Post
    well, i know if i had lost money there, i would be holding out for any hope i could too so dont blame u

    GL and hope u guys all get something quick as possible

    Thank you for your support! I just sent a post trashing all who thought this was funny [ from many of our sweet members, members whose names should be remembered] and actually in doing this supports the idea that; it's okay and all business because businesses sometimes do fail. The joking was almost too much, and if SBR didn't step in to nip that in the bud, quickly, then they are as guilty as those morons?

  11. #46
    ABEHONEST
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    Quote Originally Posted by BigDaddy View Post
    risk vs reward

    i cant even believe people think other books should make up for another books bad business.

    if a book did do that they should make you sign a waiver saying you will never deposit at a brand new book ever again.

    wtf has this world come to does anyone take responsibility for their own actions anymore?
    I think you mean SBR?

  12. #47
    ABEHONEST
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    [QUOTE=bigballer891;17295182]If you were scammed by Bet Islands and are interested in uniting to form a group that would focus on recovering our funds with the focus of facilitating a bailout from a real book. We need to unite together and show the real sportsbooks that a collapse like this cannot be allowed to happen if they want their business to survive. The offshore world simply cannot survive, especially for americans, if a theft like this is allowed to happen. With a rumored meeting in the coming weeks of sportsbook managers, now is the time to band together as collectively we will have a greater impact on the process as opposed to just waiting in the wings for something to happen.
    -----------------------------------------------------------------------------------------------------------------------------------------------------------

    I'm not usually a follower, but in this instance, I'll follow this thievery to Hell.
    Let me know the next step?

  13. #48
    Mr. Jones
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    [QUOTE=ABEHONEST;17328822]
    Quote Originally Posted by bigballer891 View Post
    If you were scammed by Bet Islands and are interested in uniting to form a group that would focus on recovering our funds with the focus of facilitating a bailout from a real book. We need to unite together and show the real sportsbooks that a collapse like this cannot be allowed to happen if they want their business to survive. The offshore world simply cannot survive, especially for americans, if a theft like this is allowed to happen. With a rumored meeting in the coming weeks of sportsbook managers, now is the time to band together as collectively we will have a greater impact on the process as opposed to just waiting in the wings for something to happen.



    -----------------------------------------------------------------------------------------------------------------------------------------------------------

    I'm not usually a follower, but in this instance, I'll follow this thievery to Hell.
    Let me know the next step?


    Simple enough one way money movement only........just withdrawals. Try to win and don't worry about the next guy. You can't contol him.....but you can control yourself. If you don't win and money is gone, then cowboy up and MAKE NO MORE DEPOSITS!

  14. #49
    bigballer891
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    The bottom line here is that it does make actual financial and business sense for books to offer a bailout just from a purely mathematical sense. A large rollover plus a 90 day hold, plus requiring a desposit of a percentage of a players bet islands money would be profitable for them. More then likely a decent percentage of the players would not be able to meet the rollover requirements. Basically a book would take in money and it does not have to pay it off for a long time while most people lose their money during the rollover situation. People coming into this thread and slamming us for trying to get our money back really have no clue and are only hindering our cause. The purpose of this thread is to show solidarity and help books see that a bailout is good both financially and from a business standpoint. Honestly, who is sending money offshore right now, I know I'm not sending money offshore. How can I feel safe after I have thousands of dollars robbed from me with the largest watchdog company in the industry apparently blind to the entire collapse. Whoever steps up with a bailout would return some credibility to the industry while turning a profit for themselves in the process. Also, they would not only be getting players they already have and they would also likely generate new customers just from the good publicity itself.
    Last edited by bigballer891; 01-01-13 at 10:56 PM.

  15. #50
    JasonDC
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    Quote Originally Posted by bigballer891 View Post
    The bottom line here is that it does make actual financial and business sense for books to offer a bailout just from a purely mathematical sense. A large rollover plus a 90 day hold, plus requiring a desposit of a percentage of a players bet islands money would be profitable for them. More then likely a decent percentage of the players would not be able to meet the rollover requirements. Basically a book would take in money and it does not have to pay it off for a long time while most people lose their money during the rollover situation. People coming into this thread and slamming us for trying to get our money back really have no clue and are only hindering our cause. The purpose of this thread is to show solidarity and help books see that a bailout is good both financially and from a business standpoint. Honestly, who is sending money offshore right now, I know I'm not sending money offshore. How can I feel safe after I have thousands of dollars robbed from me with the largest watchdog company in the industry apparently blind to the entire collapse. Whoever steps up with a bailout would return some credibility to the industry while turning a profit for themselves in the process. Also, they would not only be getting players they already have and they would also likely generate new customers just from the good publicity itself.
    I hope your buddy Dwayne is right..he said he had contacts that told him 4 or 5 books were getting together to try and help us..talk to him and see if you can getmore info..if he was right i think we have a good chance at getting something.

  16. #51
    Dark Horse
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    Far more was stolen than 1.5 million. Confidence was taken as well. It will lead to an exodus of players from offshore, especially CR. And that exodus will put greater strain on other ponzi schemes. That's what's at stake here. The time has come for the few reputable books to make a statement. If not, this offshore industry will continue to crumble.
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  17. #52
    bettilimbroke999
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    Quote Originally Posted by BranchDavidian View Post
    Maybe you should read this thread.
    Sign in if You Agree to Make no Deposits Offshore Until BI Players Are Made Whole
    I agree this would possibly work....unfortunately the guys that have the discipline to do this wouldnt be missed and the suckers that are compulsive gamblers aint gonna stick to it so...yea

  18. #53
    bettilimbroke999
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    Quote Originally Posted by Dark Horse View Post
    Far more was stolen than 1.5 million. Confidence was taken as well. It will lead to an exodus of players from offshore, especially CR. And that exodus will put greater strain on other ponzi schemes. That's what's at stake here. The time has come for the few reputable books to make a statement. If not, this offshore industry will continue to crumble.
    Not tryin to be a dick but I havent lost confidence at all in Bookmaker, 5dimes, Heritage...I have however lost all confidence in the B rated or lower scambooks (a B rated book at SBR is just an F rated book with a good affiliate deal)
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  19. #54
    James D
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    I have never bet offshore, I use a local and am a small gambler wagering 300-500 on most games. I heard about BI cause a friend lost some small money there. If you guys are raising funds for a legal fight against the individuals who perpetrated this fraud I would kick in 100 bucks as long as the fund has at least 5k total in it.

    Also if a book does bail you guys out I will do a deposit of 1500 and become a customer alongside all of you of the new book. You guys should consider trying to get as many people like me as you can to commit to the new book. It would be new business to the book without the debt load they have to absorb with you guys that got ripped off. A large number of people like me coming in without any encumbrances would help you guys a great deal in getting a deal. Speak to your friends who bet, family who bet, YOU ALL KNOW PEOPLE WHO BET, and they could help you guys recoup this huge amount of money. A couple hundred customers, especially virgins like me, would go a long long way.

    Am I insane or does this make sense?
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  20. #55
    blackbox
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    The Shrink guarantee worked for me with oddsmaker- took 2 months and alot of bullshit-but the General and the Shrink were right on top of it. gl guys-thread on this at EOG.

  21. #56
    BranchDavidian
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    Quote Originally Posted by James D View Post
    I have never bet offshore, I use a local and am a small gambler wagering 300-500 on most games. I heard about BI cause a friend lost some small money there. If you guys are raising funds for a legal fight against the individuals who perpetrated this fraud I would kick in 100 bucks as long as the fund has at least 5k total in it.

    Also if a book does bail you guys out I will do a deposit of 1500 and become a customer alongside all of you of the new book. You guys should consider trying to get as many people like me as you can to commit to the new book. It would be new business to the book without the debt load they have to absorb with you guys that got ripped off. A large number of people like me coming in without any encumbrances would help you guys a great deal in getting a deal. Speak to your friends who bet, family who bet, YOU ALL KNOW PEOPLE WHO BET, and they could help you guys recoup this huge amount of money. A couple hundred customers, especially virgins like me, would go a long long way.

    Am I insane or does this make sense?
    How refreshing. Someone, not a victim, offering help instead of instructing victims to "move on". In Dwayne74's thread titled " here is what is going on with bet islands bailout", in post #23 T4TRUTH came up with a suggestion as to how we might be able to impact at least one book. Organizing that idea along with e-mails from prospective new customers like James D could help convince someone in the industry to step up.

  22. #57
    bettilimbroke999
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    Quote Originally Posted by James D View Post
    If you guys are raising funds for a legal fight against the individuals who perpetrated this fraud I would kick in 100 bucks as long as the fund has at least 5k total in it.


    Am I insane or does this make sense?
    Very noble idea sir, but the book is located in Costa Rica. If you have ever been to 3rd world Costa Rica you would understand how fruitless suing these conmen would be...you can basically run all manner of scams and face absolutely zero legal consequences, that's why there is like 10000 F rated scambooks on SBRs list bc 90% of them are just renamed scambooks by the same conmen.

    Think Nigeria and all the scams that are run from that country....the reason why is foreigners have no legal recourse in that country...essentially if you send the Nigerian prince or the Costa Rican gambling site money you are on your own
    Last edited by bettilimbroke999; 01-03-13 at 08:26 PM.

  23. #58
    raydog
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    i cringe when i read people claiming this is hurting the "industry" it is not and the big books(that are real sportsbooks) are only getting praise for being as good as they are... bi wasnt even considered a sportsbook by some in cr and never even resembled one... no linesman, no depts., cloned lines using others platforms...yada yada...they were a bookie, at best...there were a few guys answering phones for less than 500 on and off clients...big books have more employees than this little shop did...so clumping bi in with the "industry" is pretty clueless, to say the least...they were laughed at for their model and were destined to go broke with it... just putting it out there... those talking about withdrawing from offshore need to do a little homework and stop depending on sbr to hold your hand.... also, i promise you bi got more clients from its business model of giveaways and reduced juice, shills and constant threads here, rather than any rating or banner that sbr flew...poster feedback has been king here for a long time and sbr ratings have been known to be bought for years and cant be trusted...

    good luck to you guys on some sort of a bail out... but 4-5 big solid books meeting to help out a few hundred forum players (or even caring about this situation) is as far fetched as people thinking bi was an actual sportsbook with any relevance at all.

  24. #59
    blackbox
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    Quote Originally Posted by raydog View Post
    i cringe when i read people claiming this is hurting the "industry" it is not and the big books(that are real sportsbooks) are only getting praise for being as good as they are... bi wasnt even considered a sportsbook by some in cr and never even resembled one... no linesman, no depts., cloned lines using others platforms...yada yada...they were a bookie, at best...there were a few guys answering phones for less than 500 on and off clients...big books have more employees than this little shop did...so clumping bi in with the "industry" is pretty clueless, to say the least...they were laughed at for their model and were destined to go broke with it... just putting it out there... those talking about withdrawing from offshore need to do a little homework and stop depending on sbr to hold your hand.... also, i promise you bi got more clients from its business model of giveaways and reduced juice, shills and constant threads here, rather than any rating or banner that sbr flew...poster feedback has been king here for a long time and sbr ratings have been known to be bought for years and cant be trusted...

    good luck to you guys on some sort of a bail out... but 4-5 big solid books meeting to help out a few hundred forum players (or even caring about this situation) is as far fetched as people thinking bi was an actual sportsbook with any relevance at all.
    please tell us your story about- BET-JAM--IF there is no concern in CR then why did they pull out-and why doesn't The Greek deal with the US if there is no concern? interested to know?

  25. #60
    blackbox
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    JUST go with a agent 2 blocks away- deal him-such as zmvp.com for example only.

  26. #61
    raydog
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    Quote Originally Posted by blackbox View Post
    please tell us your story about- BET-JAM--IF there is no concern in CR then why did they pull out-and why doesn't The Greek deal with the US if there is no concern? interested to know?
    you have gone a completely different direction bb... the big books in cr dont give a shit about what has happened with this bi deal...and it certainly makes no more of a difference with any processor issues they might have... you are talking about the us govt. and something totally different altogther... what you are talking about doesnt even have anything to do with anything in this thread

  27. #62
    BranchDavidian
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    Quote Originally Posted by raydog View Post
    i cringe when i read people claiming this is hurting the "industry" it is not and the big books(that are real sportsbooks) are only getting praise for being as good as they are... bi wasnt even considered a sportsbook by some in cr and never even resembled one... no linesman, no depts., cloned lines using others platforms...yada yada...they were a bookie, at best...there were a few guys answering phones for less than 500 on and off clients...big books have more employees than this little shop did...so clumping bi in with the "industry" is pretty clueless, to say the least...they were laughed at for their model and were destined to go broke with it... just putting it out there... those talking about withdrawing from offshore need to do a little homework and stop depending on sbr to hold your hand.... also, i promise you bi got more clients from its business model of giveaways and reduced juice, shills and constant threads here, rather than any rating or banner that sbr flew...poster feedback has been king here for a long time and sbr ratings have been known to be bought for years and cant be trusted...

    good luck to you guys on some sort of a bail out... but 4-5 big solid books meeting to help out a few hundred forum players (or even caring about this situation) is as far fetched as people thinking bi was an actual sportsbook with any relevance at all.
    In that case, SBR needs to just fold up shop! The whole industry knew, but not SBR. And, if your assessment is accurate, then is SBR lying about this meeting they say is happening next week hoping that a couple more weeks of waiting will cause us to "move on"?
    Last edited by BranchDavidian; 01-03-13 at 09:36 PM.

  28. #63
    blackbox
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    Quote Originally Posted by raydog View Post
    you have gone a completely different direction bb... the big books in cr dont give a shit about what has happened with this bi deal...and it certainly makes no more of a difference with any processor issues they might have... you are talking about the us govt. and something totally different altogther... what you are talking about doesnt even have anything to do with anything in this thread
    I here what you are saying-perfectly-spoke with Scotty Johnson [BET-JAM] and of course Jon from BI--ALSO CONTACTED MY EASYSTREET MGR- who hung up because he needed to be informed. What I am saying you will be told anything to get your business-and the US government could step in at anytime and close the door. If you want to take the chance do it-- you made your point-just sayin offshore is unregulated. gl to all-not worth posting about anymore. Trust is gone.

  29. #64
    raydog
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    besides the obvious A rated books that are the leaders, there hasnt been a reason to trust any rating sbr has put out in years...apparently, sbr claims they knew the money behind the book here and were gullible enough to take a chance on them...hell, they never had any reason to doubt bi until it was too late...im not even going to try and make an excuse for sbr, their rating or them hanging a banner for a bookie shop that never really resembled a sportsbook...

    my point here is that it means very little, if anything, to the big picture... there are so many little places like bi out there its ridiculous...it just so happened this one place was pimped at your forum

    bb, trust is still there...just not as much with the smaller and irrelevant books...and if a tiny forum bookie going out of business bothers you, your little bit of money has as much meaning or relevance as bi did.
    Last edited by raydog; 01-03-13 at 09:48 PM.

  30. #65
    blackbox
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    a wise man once said--if you cannot trust a man with "small things-how can you trust him with larger things" been doing this business since 69- learned alot from from runners-managers-corporate security-and the old syndicates. give a man enough rope and he will hang himself. Jon lied period- yes sir--we have all sorts of agents here-and they have problems with the books-and they get cold called-but I know them-their home-their families--but they are not welches-and neither am I--AND THERE ARE MANY WELCHES IN THIS BUSINESS--many even managed big books in Vegas-many had their palms greased--gl all and let this be a eye opener for everyone.

  31. #66
    Dwayne74
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    Raydog-

    Lets count all the ways you are massively wrong. First 1.5 million of stolen player funds is in no way minor. 400-500 players being robbed is not a small number, both are large numbers and very significant to the offshore industry. Second, it was not just a bunch of sbr forum members that got ripped off, it was hundreds of other players as well, i was a not member of this forum until i got ripped off. Third, sbr is the biggest so called watchdog/player advocate in the industry and while everyone knows their rankings come with a grain of salt, they tirelessly promoted bet islands and very publicly vouched for their safety. Their reputation is on the line. Bet islands was in no way the small book in dollars or importance to the industry that you attempt to portray them as. The thing you are most wrong about is that big books dont or shouldnt care about the bi situation. As many posters have pointed out and proven a bi bailout makes financial and business sense and any intelligent big book would look at a bailout as a business opportunity rather than some kind of penalty. People who got scammed by bet islands will not be pushed into the waiting arms of bigger books, they and i include myself will just never play offshore again and withdraw all $ from current accounts. A bi bailout makes sense for bigger books, sbr management, the offshore industry, and of course players. A lot of people like myself lost a large amount of money and for any poster to post anything negative about our efforts to recover our money is either the biggest douche in the world or has alterior motives.

  32. #67
    raydog
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    when did i ever post anything negative about anyones efforts? i havent... i even offered an idea of talking to john about a possible guarantee on deposit money to whoever(if there is one) offers the bailout that people trust...i have no ulterior motives either...i have been in your shoes and know the sick feeling...im simply trying to point out a few facts that you apparently still have no clue about...and sbr didnt tirelessly pimp out bi, the members of this site did and player feedback in thread after thread got them a lot of business...

    im sorry for everyone that is getting fukked here, but if you want to come at me with some facts, try to get them first...

    400-500 players werent robbed and i clearly stated that not all of them were from sbr, but the majority, yes...less than 200 were on the same document you and i have seen equaling around 1.5mil and 20-30 of those were less than 100bucks (still sucks, im just saying)... you are quite misinformed also if you think 400ish players is a large amount anyways...and the 1.5 wasnt liquid that was just stolen out of accts...they simply didnt have it to pay...there is a huge difference there that hopefully you see... doesnt take away the fact its owed, i know...but its not like other books that have just scammed the money and disappeared with it...these assholes just ran the business in the ground, without backing, until there was nothing left to pay..

    hey, it sucks...ive been there in the past and with big figures, so im not, by any means, trying to be negative on any attempt for guys to get paid... and unfortunately, your buddies are either full of shit or you are making up some shit and neither of you have very good business sense if you think taking on 1.5mil, a lot of it in sharp players, is a great business idea... when you look at the bulk of the big money being sharp players (regardless of if they are labeled that or not) the book/s doing the bailout have to take into acct. that those are winning players and have a good chance of continuing to win or at least meeting rollover without losing... then they will have to make some extremely large payouts...so is the risk really worth the reward to pay out huge sums to players when a lot of them will already be on their sheet? the answer there is no...and if its some books with smaller limits or books that limit them, they are going to take their money and go where they can bet more as well... you see, things arent as clear as day like you seem to think.

    im pulling for one of the big boys to step up or join forces...that rumor, ive been told is just that, a rumor...but i really hope something gives guys at least a chance at their funds. gl guys
    Last edited by raydog; 01-04-13 at 09:39 AM.

  33. #68
    bigballer891
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    So according to raydog sbr was "gullible" enough to take a chance on BI and its not their fault for them running off with player funds because they never had reason to doubt them until it was too late. Either you are applying for a job with SBR or you just arent capable of processing information and making sense of it, if that is your conclusion of the BI situation. If you cant see how a bailout is important to both the credibility of SBR as a watchdog company and for the stability of the offshore marketplace than you are just clueless. Oh, and apparently every single player is a winner, I guess that goes in line with all the posters. How do sportsbook ever make money, I wonder. This thread is about helping the players recover funds stolen from them, plain and simple. There are mulitple different ways books could put together a bailout plan and since they have all the leverage they could easily structure something if they wanted and split it up among 5 books, paying off all the people 9 months down the road that actually reached their rollover and it would not cost these books all that very much. Really it is basic math.
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  34. #69
    uncynd
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    I just hope the betislands incident has taught people just how fragile and unstable ANY book in costa rica is. The gambling commission is a pure joke, they have NO CONTROL and they offer no help in cases like betislands. I thank god I'm not an american because local bookies is the only way I would bet.

  35. #70
    raydog
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    Quote Originally Posted by bigballer891 View Post
    So according to raydog sbr was "gullible" enough to take a chance on BI and its not their fault for them running off with player funds because they never had reason to doubt them until it was too late. Either you are applying for a job with SBR or you just arent capable of processing information and making sense of it, if that is your conclusion of the BI situation. If you cant see how a bailout is important to both the credibility of SBR as a watchdog company and for the stability of the offshore marketplace than you are just clueless. Oh, and apparently every single player is a winner, I guess that goes in line with all the posters. How do sportsbook ever make money, I wonder. This thread is about helping the players recover funds stolen from them, plain and simple. There are mulitple different ways books could put together a bailout plan and since they have all the leverage they could easily structure something if they wanted and split it up among 5 books, paying off all the people 9 months down the road that actually reached their rollover and it would not cost these books all that very much. Really it is basic math.
    never mentioned anything about reestablishing credibility to sbr in any post ive made son...i dont think that can be helped...sbr running off with funds...what funds? there were none to run off with...its been said, a book is only as good as its last payout...find out when bi made its last payout and if you deposited after that, then bitch at sbr, but not before... why the fukk would i want to work here? you have not one clue kid

    i realize a bailout is important to sbr and to the players...you guys are also extremely exaggerating your presence in the offshore community... those players who are long term winners, they arent going anywhere and bi wasnt their only out... how do sportsbooks ever make money, you ask? not by taking on 1.5mil in debt with a good portion of that being players they would label sharp...9 months to reach roll over? lolzz unreal... there arent 4-5 reputable books in cr that give a shit about this ordeal in the first place...real sportsbooks arent taking near as much heat as you guys think and the "industry" will survive a half ass book stiffing a few hundred guys...

    good luck guys, ill keep hoping something happens...obviously, for most of you, this is the first time and i can understand some of the reaction...the conspiracy theories and all that come with every shitty incident as well...this sucks, but this doesnt even sniff some of the bad shit that has happened in the past.

    this got off track...the point was that bi wasnt what people here thought it was and its going out of business isnt doing to the industry what an actual sportsbook with all the departments and inside workings of a sportsbook would have done... that was the point.
    Last edited by raydog; 01-04-13 at 12:38 PM.

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