1. #141
    SBR_John
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    Quote Originally Posted by Iwinyourmoney View Post
    Lol at covers:


    #12Posted: 6/1/2011 1:57:33 PM
    QUOTE Originally Posted by Lou:

    FYI - Freedom is heading to CR tomorrow to discuss this shit in person with teams involved in any bailout. The difference between what Freedom is doing and what SBR is claiming is that he is actually making a difference while those clowns are just stirring the pot to score a few points while they still can.
    LOL. Uhhhh Lou, you dont need to go to Costa Rica to do the bailout. You simply pick up the phone and turn over the database to the acquiring book.

    As far as the clownry goes, an A book called us and made the offer which we passed on to you and BetED. That's when the clowns moved in and scrambled trips to CR. The clowns are the ones trying to still earn something off this bankrupt book instead of allowing a book to assume the balances. At least thats what it seems like to me. If you come up with a better deal from a better book then I will apologize and throw you an eParade and even karaoke "When Johnny Comes Marching Home" in two part harmony!
    Nomination(s):
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  2. #142
    durito
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    Quote Originally Posted by DIXONBETS View Post
    I have a good feeling about this, I feel they are working out a better deal with another book.
    A better deal for who? Certainly not the players.

    Certainly not the players. Let me guess, it's covers #1 sbgglobal. A 10x rollover at BetJM/5dimes would be better for most players than a 1x at sbg (and I'm not one of the most).

  3. #143
    pokerplayer22
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    Quote Originally Posted by durito View Post
    A better deal for who? Certainly not the players.

    Certainly not the players. Let me guess, it's covers #1 sbgglobal. A 10x rollover at BetJM/5dimes would be better for most players than a 1x at sbg (and I'm not one of the most).
    I dont care as much about a rollover but i want nothing to do with sbg

  4. #144
    chachi
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    Not that Covers had any real credibility left but this takes the biscuit ...

    This makes the EZ/theRX tag-team act from a few months ago a small-fish type hosejob in comparison.

  5. #145
    Intuitive_Edge
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    I didnt think this whole situation was gonna be this ugly

  6. #146
    RonPaul2008
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    How come people screwed by Cascade never got bailed out?

    They were an A book here at SBR shortly before all payouts ceased.

    Still irks me.

  7. #147
    vividjohn45
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    one of these forum's is covers. can u guess which.....?








  8. #148
    vividjohn45
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    look, a dropping.







    known for usage of profanity as a administrator of forum to forum members in forum threads. Big Stinky.
    Last edited by vividjohn45; 06-04-11 at 04:13 AM.

  9. #149
    blackbart
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    greed knows no bounds, there rep is already ruined, why should they care

  10. #150
    philswin
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    Quote Originally Posted by RonPaul2008 View Post
    How come people screwed by Cascade never got bailed out?

    They were an A book here at SBR shortly before all payouts ceased.

    Still irks me.
    I was thinking the exact same thing when reading this thread, there was not even discussion of a Cascade bailout from what I recall.

  11. #151
    beyond
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    Covers still has not update yet

  12. #152
    20Four7
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    Quote Originally Posted by shari91 View Post
    I don't like the sound of this. Why on Earth didn't they accept immediately???
    They didn't jump at it because they are doing what's best for them not their players. They don't give a shit about the players money. They consider it their money.
    Points Awarded:

    soxwin1917 gave 20Four7 10 SBR Point(s) for this post.

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  13. #153
    soxwin1917
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    Quote Originally Posted by 20Four7 View Post
    They didn't jump at it because they are doing what's best for them not their players. They don't give a shit about the players money. They consider it their money.
    This is all that needs to be said in this thread.

  14. #154
    dark star
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    Take your time guys....what jerk offs.

  15. #155
    Bill Dozer
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    Covers is trying to blame the doj for BetEd players not getting paid saying they have all the player's money and hands are tied etc. It's similar to what BOS said way back. Saying it's out of their control is a cop-out and hurts the rest of the books who don't take the same risks and have funds aside from all the years they profitted. If a book is new or only worth what they have on hand, it's not a book players should use.

    The US-facing poker companies that are able to pay are paying because they have cash assets aside not because the the US gave them the confiscated money back...That's gone but was probably only a few months of revenue. The truth is that books have been getting porcessors snagged for 5 years and they consider it overhead. Players see the fees go up but a decent book won't tell you that your money is taken by an authority and your SOL.

  16. #156
    Thremp
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    Why does that excuse work with the "Antiguan regulators"?

  17. #157
    acarmelo1
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    If Covers Blows this UP, we should hire Cory1111 lawyer and sue them.

  18. #158
    Killakrzydav
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    Quote Originally Posted by acarmelo1 View Post
    If Covers Blows this UP, we should hire Cory1111 lawyer and sue them.

  19. #159
    jay777
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    Is there anyway beted management might be working with Feds. Maybe trying to get more insight into the whole processing? A bailout could possibly sink another book if that was the case. I know it's a little out-there but.... Wasn't one of the managers from miami? Feds kinda work that way. We'll let u enter the country to see your family but you gotta help us out. Just another conspiracy theory, I guess.

  20. #160
    Ballpark
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    So is it the case that the BetED people would rather work with Covers
    because their were partners, or are Covers just trying to get SBR out of the picture
    so they can make money out of any deal?

    In any case it would be good if someone from BetED would do the decent thing
    and realise that SBR will do the better job of arranging a bailout.

  21. #161
    beyond
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    Covers was blaming on doj the whole time. Didn't mention anything about a bailout until we heard it from sbr

  22. #162
    20Four7
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    I am actually happy that I'm Canadian, I tried to open an account there and fortunately for me they don't accept Canadians. Saved me some money and grief.

    To those who are stuck, I hope it all works out for you. These situations suck as I have lost money at a few books before.

  23. #163
    pokerplayer22
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    Supposedly there is a deal in place and will be announced early this week....

  24. #164
    gangeriver
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    Quote Originally Posted by acarmelo1 View Post
    If Covers Blows this UP, we should hire Cory1111 lawyer and sue them.

  25. #165
    Legions36
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    Quote Originally Posted by pokerplayer22 View Post
    Supposedly there is a deal in place and will be announced early this week....
    Obviously the deal is in place and they will make a deal just who is the ?

  26. #166
    stats13
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    cool. we we we so excited we so excited

  27. #167
    stats13
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    i wonder how much of a problem it will be merging beted funds with an account existing at the bailout book. i really hope they don't pull some bs in that regard.

  28. #168
    thetrinity
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    thanks for keep us up to date guys. at any rate, im happy with how you have handled this bad situation.

  29. #169
    stats13
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    Quote Originally Posted by thetrinity View Post
    thanks for keep us up to date guys. at any rate, im happy with how you have handled this bad situation.
    +1.

  30. #170
    BigSpoon
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    Quote Originally Posted by 20Four7 View Post
    I am actually happy that I'm Canadian, I tried to open an account there and fortunately for me they don't accept Canadians. Saved me some money and grief.

    To those who are stuck, I hope it all works out for you. These situations suck as I have lost money at a few books before.
    I'm Canadian and opened an account there in September of 2010. You might be confusing them with BetUS? I shudder thinking about how much I had there at BetEd during the NFL season.

    I hope there is resolution asap and all the players get their funds back.

  31. #171
    increasedodds
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    So Bill do you believe:

    A) Beted is retarded and had all their limited funds in one bank account?

    B) Beted is scum and has much of the funds and is simply running off with them.

  32. #172
    stats13
    f&ck beted
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    any news?

  33. #173
    Legions36
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    Message board on covers says sometime early this week they should release a statement.

  34. #174
    beyond
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    We will find out today per covers

  35. #175
    acarmelo1
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    Lets hope they can work something nice out.

    And not some deposit and get 100% with 30 times rollover

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