I'm a little confused by this Bet Islands deal

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  • SamDiamond
    SBR Hall of Famer
    • 10-19-12
    • 6107

    #1
    I'm a little confused by this Bet Islands deal
    In all the posting and all the reactions, I have yet to see an SBR Administrator offer any words of caution regarding Bet Islands.

    No warning to their posters, "Do not deposit until we can sort this out".

    The warning came in the form of BI being downgraded to "C", but really? What does that mean? And why not crush them to "D" and let them earn their "C"?

    Instead, it seems to me that SBR has simply empowered its posters to pass the word.

    Looking through the Sportsbook/Industry Forum that wasn't always the case. The moment issues came up regarding books, it appeared that SBR was proactive to warn their posters, and steer them clear of this type of stuff.

    Why the change?

    Guys, this is tough love.

    You're at the precipice. No looking down.

    The inmates are rattling the cages, Chief is getting ready to throw the water cooler through the window---- someone, anyone--AT SBR get 200 words together, explain this mess, and start hunting down these payouts.

    Oh, and bitch slap BI while you're at it.

    If you haven't noticed on the interwebs, their actions are taking your reputation down a few hundred feet -- from their actions.
  • BIGDAY
    SBR Aristocracy
    • 02-17-10
    • 48245

    #2
    Sam, post up at BI. They would appreciate it.
    Comment
    • Bill Dozer
      www.twitter.com/BillDozer
      • 07-12-05
      • 10894

      #3
      Sam,
      It's common for guys with no balance at a book to want to see a time of death called. Players hoping for their money want to see the process play out. In the meantime, no one is signing up at a C book with initial complaints. I'd be surprised if there were any signups the past week.
      Comment
      • darkhat
        SBR Hall of Famer
        • 08-18-10
        • 5722

        #4
        nobody is signing up to betislands

        rating a C is just praying people maybe get paid instead of giving up
        Comment
        • SamDiamond
          SBR Hall of Famer
          • 10-19-12
          • 6107

          #5
          Originally posted by Bill Dozer
          Sam,
          It's common for guys with no balance at a book to want to see a time of death called. Players hoping for their money want to see the process play out. In the meantime, no one is signing up at a C book with initial complaints. I'd be surprised if there were any signups the past week.
          Bill, thanks for your response.

          But players waiting for their money are sick of the "process of letting it play out". Listen, as far as I can tell, SBR always played the role of players advocate, even in minor issues.

          No one can question that.

          You have to admit, you guys were late on this one, and that is surprising. You were and are the only one to actually give a brief explanation of the situation, but -- and this is from someone with no vested interest in BI---- there seems to be a void of information to your posters, ya know, those that were directed to BI through/via an SBR sponsorship.

          Bill. Honestly, I am trying to help far more than being a dick toward you. But look around. Visit other sites, you guys are being crucified over this issue. It's gone viral on you guys.

          The more information you give, the faster you give it, the better off you'll be. I love your site. I do, but unless you guys get on top of this, it's going to cause you more harm than good.
          Comment
          • milwaukee mike
            BARRELED IN @ SBR!
            • 08-22-07
            • 26914

            #6
            sam, what do you want to hear?
            you know the answers to your questions.

            it would be like asking my father why he got drunk and acted like an asshole all the time. what would i gain by hearing his explanation?

            shit happens, and how we deal with it is more important than how it is explained to us.
            Comment
            • ttrace35
              SBR Posting Legend
              • 09-30-10
              • 10828

              #7
              Originally posted by Bill Dozer
              Sam,
              It's common for guys with no balance at a book to want to see a time of death called. Players hoping for their money want to see the process play out. In the meantime, no one is signing up at a C book with initial complaints. I'd be surprised if there were any signups the past week.
              Why didnt you guys know this when "BeattheBook" knew a month ago?
              Comment
              • chase hardy
                SBR MVP
                • 01-07-10
                • 1324

                #8
                Betislands will not even take a deposit right now.
                Comment
                • SamDiamond
                  SBR Hall of Famer
                  • 10-19-12
                  • 6107

                  #9
                  Originally posted by milwaukee mike
                  sam, what do you want to hear?
                  you know the answers to your questions.

                  it would be like asking my father why he got drunk and acted like an asshole all the time. what would i gain by hearing his explanation?

                  shit happens, and how we deal with it is more important than how it is explained to us.
                  For one.

                  How the hell did posters know this before SBR?

                  Imagine for a second your investing with Lehman Brothers, and your drunk neighbor walks up to you and informs you that Lehman has filed Chapter 11.

                  You didn't learn it from the folks whose job it was to protect your money, or whose advice you relied on to put your money there in the first place, you learned it from a guy just stumbling along the way.

                  That wouldn't piss you off?
                  Comment
                  • Smoke
                    SBR Aristocracy
                    • 10-09-09
                    • 48111

                    #10
                    Originally posted by darkhat
                    nobody is signing up to betislands

                    rating a C is just praying people maybe get paid instead of giving up
                    Darker I heard you have 15K there

                    Darker that sucks
                    Comment
                    • milwaukee mike
                      BARRELED IN @ SBR!
                      • 08-22-07
                      • 26914

                      #11
                      Originally posted by SamDiamond
                      For one.

                      How the hell did posters know this before SBR?

                      Imagine for a second your investing with Lehman Brothers, and your drunk neighbor walks up to you and informs you that Lehman has filed Chapter 11.

                      You didn't learn it from the folks whose job it was to protect your money, or whose advice you relied on to put your money their in the first place, you learned it from a guy just stumbling along the way.

                      That wouldn't piss you off?
                      sbr's job was never to protect your money

                      if you get all your news from one source (mainstream media), you are hearing what they want you to hear. if you get all your sportsbook advice from one source it's the same story. you might be getting something close to the truth, but it's not the truth.
                      Comment
                      • fergie's balls
                        SBR Wise Guy
                        • 02-07-11
                        • 940

                        #12
                        Originally posted by ttrace35
                        Why didnt you guys know this when "BeattheBook" knew a month ago?
                        This. The only important thing SBR was supposed to be doing and we're supposed to believe you just failed THAT miserably, or knew all along? Either way, both reasons are enough to stay away from this forum.
                        Comment
                        • SamDiamond
                          SBR Hall of Famer
                          • 10-19-12
                          • 6107

                          #13
                          Originally posted by milwaukee mike
                          sbr's job was never to protect your money

                          if you get all your news from one source (mainstream media), you are hearing what they want you to hear. if you get all your sportsbook advice from one source it's the same story. you might be getting something close to the truth, but it's not the truth.
                          Come on now.

                          SBR through their advertising/contest relationships absolutely endorsed playing with and depositing posters money with Bet Islands.

                          From that alone, they are complicit. Although, SBR has the opportunity to do good about it. They could have been more diligent and responsive as the shit started to hit the fan. Other sites, posters, all beat SBR on this story, and SBR didn't even pull down their ad banner until posters began to demand it last evening.

                          Because SBR encouraged/endorsed BI, they have a duty to post far more than Bill Dozer has regarding this. And to argue otherwise is silly.
                          Comment
                          • darkhat
                            SBR Hall of Famer
                            • 08-18-10
                            • 5722

                            #14
                            Originally posted by Smoke
                            Darker I heard you have 15K there

                            Darker that sucks


                            I've never had anything close to that in any book in my life
                            Comment
                            • milwaukee mike
                              BARRELED IN @ SBR!
                              • 08-22-07
                              • 26914

                              #15
                              Originally posted by SamDiamond
                              Come on now.

                              SBR through their advertising/contest relationships absolutely endorsed playing with and depositing posters money with Bet Islands.

                              From that alone, they are complicit. Although, SBR has the opportunity to do good about it. They could have been more diligent and responsive as the shit started to hit the fan. Other sites, posters, all beat SBR on this story, and SBR didn't even pull down their ad banner until posters began to demand it last evening.

                              Because SBR encouraged/endorsed BI, they have a duty to post far more than Bill Dozer has regarding this. And to argue otherwise is silly.
                              i'm not defending sbr here. just saying that sbr is not everyone's babysitter. we are grown men that can make decisions for ourselves based on all available information.
                              Comment
                              • SamDiamond
                                SBR Hall of Famer
                                • 10-19-12
                                • 6107

                                #16
                                Originally posted by milwaukee mike
                                i'm not defending sbr here. just saying that sbr is not everyone's babysitter. we are grown men that can make decisions for ourselves based on all available information.
                                I agree with that. But man, when a site is titled "Sportsbook REVIEW", you would think they would take that title a little more seriously.

                                I don't think it's asking too much for SBR to do all they can to protect their posting community from being robbed.

                                AND TO BE FAIR.

                                I am only criticizing SBR's lack of information at this point.
                                Comment
                                • darkhat
                                  SBR Hall of Famer
                                  • 08-18-10
                                  • 5722

                                  #17
                                  Originally posted by milwaukee mike
                                  i'm not defending sbr here. just saying that sbr is not everyone's babysitter. we are grown men that can make decisions for ourselves based on all available information.
                                  I know

                                  just like people blaming "shills"

                                  until this they always paid and treated me great

                                  of course i would say play there

                                  if you base money decisions on an anonymous guy with a zooey deschanel avatar telling you a company in costa rica gave him 950 bucks a few times I don't know what to tell you

                                  feel bad for anyone that had money in there obviously

                                  nobody's fault but betislands
                                  Comment
                                  • opie1988
                                    SBR Posting Legend
                                    • 09-12-10
                                    • 23429

                                    #18
                                    Originally posted by Bill Dozer
                                    Sam,
                                    It's common for guys with no balance at a book to want to see a time of death called. Players hoping for their money want to see the process play out. In the meantime, no one is signing up at a C book with initial complaints. I'd be surprised if there were any signups the past week.
                                    Bill-

                                    Is it true that Peter Loshak is actually calling the shots for BetIslands?

                                    That's the word on the streets.

                                    Gonna need an answer here, William.......
                                    Comment
                                    • bane
                                      SBR Wise Guy
                                      • 09-14-12
                                      • 630

                                      #19
                                      Originally posted by Bill Dozer
                                      Sam,
                                      It's common for guys with no balance at a book to want to see a time of death called. Players hoping for their money want to see the process play out. In the meantime, no one is signing up at a C book with initial complaints. I'd be surprised if there were any signups the past week.
                                      What process?

                                      What is the process when the contact person ("Jon") is gone? Is it just a post mortem to tell us who stole the money? Is it talking with the alleged "new investors"? Is it selling our balances to another book for a few cents on the dollar?

                                      What is the process?
                                      Comment
                                      • crustyme
                                        SBR Posting Legend
                                        • 09-29-10
                                        • 16896

                                        #20
                                        sbr is just like the bbb.

                                        good ratings are bought and paid for.
                                        Comment
                                        • wantitall4moi
                                          SBR MVP
                                          • 04-17-10
                                          • 3063

                                          #21
                                          Its one thing to let forum wannabes and 'sharps' talk up or crush books with thier opinions in the forums.

                                          It is totally another when this place is supposedly a watch dog, and a LOT of people who arent forum degenerates come here to actually take what this site says about a book and use it to make a call on where to send their money.

                                          Unfortunately those are the people SBR and these books prey upon, the simpleton sheep who follow anyone they think has some sort of 'authority'. SBR is an 'authority' figure, self proclaimed mostly but some people still give them credibility.

                                          But people believe what they want, and generally it is what is best for them. Again the greatest thing for a con artist to take advantage of in people.

                                          Why do you think SBR stopped using book deposits to become a 'pro', because none of the books left people can deposit with are worth a damn, so if they were an 'affiliate' with these books in allowing people to post up there to receive perks here they are in part responsible when and yes I mean when not if, one of those places goes up.

                                          SBR has as much credibility in judging offshore books as the Shrink did. now that the Shrink is dead SBR is really trying to take his place. if this was the mid 00s he would have buried more people than the Shrink ever thought of with fly by night books. Luckily for the players there arent enough of these operations sprouting up anymore, but they generally find their way here eventually, and 9 times out of 10 theyre flying a banner within a week of their seeming inception.
                                          Comment
                                          • bane
                                            SBR Wise Guy
                                            • 09-14-12
                                            • 630

                                            #22
                                            Originally posted by wantitall4moi
                                            Its one thing to let forum wannabes and 'sharps' talk up or crush books with thier opinions in the forums.

                                            It is totally another when this place is supposedly a watch dog, and a LOT of people who arent forum degenerates come here to actually take what this site says about a book and use it to make a call on where to send their money.

                                            Unfortunately those are the people SBR and these books prey upon, the simpleton sheep who follow anyone they think has some sort of 'authority'. SBR is an 'authority' figure, self proclaimed mostly but some people still give them credibility.

                                            ...
                                            This. I'm an idiot noob that gave SBR's ratings some weight, merit, credibility. I was wrong on all counts.
                                            My fault. Fell for the advertising.
                                            Comment
                                            • The Kraken
                                              BARRELED IN @ SBR!
                                              • 12-25-11
                                              • 28918

                                              #23
                                              Wanti you are way off pal. Not even remotely close to the reason why Sbr quit allowing posters to go pro by depositng 200 to an affiliate book. Quit throwing shit on the wall hoping something sticks.
                                              Comment
                                              • tto827
                                                SBR Hall of Famer
                                                • 10-01-12
                                                • 9078

                                                #24
                                                Ya wanti I believe people outside of the US can still go pro with book deposits. SBR just wants no direct financial connection with US funds and gambling.
                                                Comment
                                                • SBR_John
                                                  SBR Posting Legend
                                                  • 07-12-05
                                                  • 16471

                                                  #25
                                                  I think these guys lied to us more than anyone. Or at least mislead us that the processing issues were temporary.

                                                  As far as the rating goes, the C rating gives them one more chance to do the right thing. If we get mislead again we will lower them again.
                                                  Comment
                                                  • darkhat
                                                    SBR Hall of Famer
                                                    • 08-18-10
                                                    • 5722

                                                    #26
                                                    Originally posted by SBR_John
                                                    As far as the rating goes, the C rating gives them one more chance to do the right thing. If we get mislead again we will lower them again.
                                                    exactly
                                                    Comment
                                                    • SamDiamond
                                                      SBR Hall of Famer
                                                      • 10-19-12
                                                      • 6107

                                                      #27
                                                      Originally posted by SBR_John
                                                      I think these guys lied to us more than anyone. Or at least mislead us that the processing issues were temporary.

                                                      As far as the rating goes, the C rating gives them one more chance to do the right thing. If we get mislead again we will lower them again.
                                                      John, are you out any money with them?

                                                      Because quite a few of your posters are.

                                                      So, I don't think they've lied to you more.
                                                      Comment
                                                      • wantitall4moi
                                                        SBR MVP
                                                        • 04-17-10
                                                        • 3063

                                                        #28
                                                        Originally posted by SBR_John
                                                        I think these guys lied to us more than anyone. Or at least mislead us that the processing issues were temporary.

                                                        As far as the rating goes, the C rating gives them one more chance to do the right thing. If we get mislead again we will lower them again.
                                                        nah thats just a bullshit barometer.

                                                        I think you guys have a self imposed B rated minimum to fly a banner. So they paid you and you gave them a B rating and a banner Now that they are obviously stiffing everyone they get lowered to a C, low enough to not get a banner, but high enough to still maybe be deemed safe enough to play at, and get some deposits to pay people owed now.

                                                        Either way SBR got advertising money from them, most assuredly up front. While players are left twisting in the wind.


                                                        But from the wording of your comment you are still going with the 'its a processor issue' story huh?

                                                        As for the comments about being affiliates, whatever. You can keep defending the stupidity and nonsense all you want. If it smells like shit it is shit.
                                                        Comment
                                                        • milwaukee mike
                                                          BARRELED IN @ SBR!
                                                          • 08-22-07
                                                          • 26914

                                                          #29
                                                          Originally posted by SBR_John
                                                          I think these guys lied to us more than anyone. Or at least mislead us that the processing issues were temporary.

                                                          As far as the rating goes, the C rating gives them one more chance to do the right thing. If we get mislead again we will lower them again.
                                                          john, you know i respect you and like you.

                                                          after being lied to, shouldn't they be a "F"? perhaps i am naive in thinking an average or c book doesn't lie to people they do business with...
                                                          Comment
                                                          • SamDiamond
                                                            SBR Hall of Famer
                                                            • 10-19-12
                                                            • 6107

                                                            #30
                                                            SBR_John.

                                                            I didn't think a response could make matters worse for you.

                                                            But you managed to pull it off.

                                                            The "we were lied to" stuff "we will wait" stuff is all kinds of awesome.

                                                            I don't see one word about feeling bad for your posters that lost money with them. Ya know, with you advertising for them and all.
                                                            Comment
                                                            • pavyracer
                                                              SBR Aristocracy
                                                              • 04-12-07
                                                              • 82839

                                                              #31
                                                              I don't know what is the proper rating but when I was in school a C was a passing grade. So is it safe to deposit there if their rating is C right now?
                                                              Comment
                                                              • daneblazer
                                                                BARRELED IN @ SBR!
                                                                • 09-14-08
                                                                • 27861

                                                                #32
                                                                Comment
                                                                • DudleyDawson
                                                                  SBR Hall of Famer
                                                                  • 02-10-12
                                                                  • 5658

                                                                  #33
                                                                  Originally posted by SBR_John
                                                                  I think these guys lied to us more than anyone. Or at least mislead us that the processing issues were temporary.

                                                                  As far as the rating goes, the C rating gives them one more chance to do the right thing. If we get mislead again we will lower them again.
                                                                  With millions of dollars flowing thru this site annually, it's that easy to mislead you guys? Seriously.
                                                                  Comment
                                                                  • KGambler
                                                                    SBR MVP
                                                                    • 07-09-09
                                                                    • 2404

                                                                    #34
                                                                    A problem I have is that SBR spoke numerous times of verifying that the people behind BI were financially secure and known in the bookmaking industry. SBR employees mentioned this in threads (like the one I linked in the long BI is done thread) and SBR stated it many times on the review page for BI. Go to the review page and read it and you will see that SBR made a big deal out of the fact that they had verified BI's owners were legit.

                                                                    So what I expect now from SBR is that they will contact these well known industry insiders and find out what the penetrate is going on. Are they still involved with BI? Are people going to get paid? etc etc etc

                                                                    Is SBR sitting around and waiting to hear from Ryan? What the penetrate is going on?
                                                                    Comment
                                                                    • daneblazer
                                                                      BARRELED IN @ SBR!
                                                                      • 09-14-08
                                                                      • 27861

                                                                      #35
                                                                      Originally posted by Bill Dozer
                                                                      Sam,
                                                                      I'd be surprised if there were any signups the past week.
                                                                      Not that I have a dog in this fight, but there's still ads all over the internet. When you google "bet islands" mostly positive reviews pop up. No sign ups at all? I think you're under-estimating people.
                                                                      Comment
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