A player from BetCascade (SBR rating F) reports joining and first depositing to the sportsbook in October of 2008 and losing those funds and subsequent deposits. He made his last deposit in February of 2009 before going on a winning run. He attempted to collect over $4000 in March. Unfortunately the player was unaware that BetCascade owes millions of dollars to its former players. Cascade continues to advertise bonuses and wagering promotions on its website.
"I had been playing with Cascade since last Oct.09 ,without
any problems at all .Well,would it have anything to do with not cashing
in a winning ticket ?I went broke with that offshore at least 4,or 5
times ,sending money through moneygram ,I believe ,each time ...
packages of 300 to 800 .
The last I sent them was
Feb.29th,09,1000.00(without double checking),Lennie ,I believe "gave me"
a 30 % rollover bonus.So at that time, I have 1300 or so in my kitty .
From that point on, my luck, or skill changed to the better, finally. At some time in late March my figure was close to + 7000.
After
College Basketball season, I informed Nancy Robinson (officer of
deposits and withdrawals),I would like to withdraw my balance ,setting
at 4300 +,and that I would not be playing any Sports until the 09
Football season .
Well that was around April 8th, and after a several
calls to Lennie and Nancy ,I could see that nothing was being sent to
me, even through May ,and up until June this year. So once again I made
call after call to Lennie and Nancy,wanting an explanation !The two both
claimed they were having serious trouble with their prossessor ?I
reached Lennie on his cell phone (Nancy no longer is reachable) in
mid-June,and I asked him straight up"are you going to honor this
debt",he said he was ,and then I asked him to" give me his word" ,he
also agreed to that !I do have what I believe is concrete evidence of my
claim .I then waited about 10 days to hear some positive news,nothing
happened,also, Lennie is no longer answering his phones ?
I then send
an email to Cascade Sportsbook in late June, informing them.... I will
tell the whole story to a National known Sports Forum ,viewed by
thousands of followers,and one that most likely, will embarrass Cascade
to the extent they will lose many customers, maybe their entire business
! This, I will do ,unless I am paid by July 6th, 09,or at the very
least ,informing me that you are making arrangements for the payoffs !
The figure now stands at 4000.53. Of course I heard nothing ,now I am reaching out to SBR for help!"