Will you adjust your off-shore mentality in light of recent developments?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • No coincidences
    SBR Aristocracy
    • 01-18-10
    • 76300

    #1
    Will you adjust your off-shore mentality in light of recent developments?
    Feds continue to crack down on these books. Have you closed your accounts off-shore? Are you betting less? Keeping a smaller balance? Or just going about your business as usual as long as it is a "reputable" book?
  • BigDeem5
    SBR Posting Legend
    • 02-26-11
    • 17191

    #2
    Business as usual at Heritage.
    Comment
    • No coincidences
      SBR Aristocracy
      • 01-18-10
      • 76300

      #3
      Originally posted by BigDeem5
      Business as usual at Heritage.
      Isn't Heritage directly linked and related to The Greek?
      Comment
      • 5mike5
        SBR Aristocracy
        • 09-21-11
        • 52042

        #4
        business as usual, but only at the very few top big books
        Comment
        • darkhat
          SBR Hall of Famer
          • 08-18-10
          • 5722

          #5
          Originally posted by No coincidences
          Isn't Heritage directly linked and related to The Greek?
          yes

          when betjamica and the greek left the US market they transferred all their clients to heritage
          Comment
          • konck
            SBR Posting Legend
            • 10-17-06
            • 12554

            #6
            The day of sports and poker being legal is coming ...It will be a good thing.
            The underworld wont have control of the soft ware to line their pockets.
            The only bad thing will be taxes on scores but at least it will be fair play.
            In the long run sites like SBR should benefit as they will advertise for legal
            for legal sites and maybe even become one
            Comment
            • konck
              SBR Posting Legend
              • 10-17-06
              • 12554

              #7
              I cant put my money in off shore anymore havent for a while to much heat
              and I have a better option here.
              Comment
              • No coincidences
                SBR Aristocracy
                • 01-18-10
                • 76300

                #8
                Originally posted by konck
                The day of sports and poker being legal is coming ...It will be a good thing.
                The underworld wont have control of the soft ware to line their pockets.
                The only bad thing will be taxes on scores but at least it will be fair play.
                In the long run sites like SBR should benefit as they will advertise for legal
                for legal sites and maybe even become one
                It'll be interesting to see if this comes to fruition. Our government is obviously bothered by the fact that they aren't benefiting from on-line gambling, whether it be poker or sports wagering. How far they take it before it becomes legal so that they can tax the shit out of it is anyone's guess.

                The problem is, we're kind of in the "in limbo" stage right now -- which can lead to a lot of volatility, and a lot of unpredictability. Books and accounts can and likely will get wiped out overnight, even if they've been "reputable" in the past. I'm still amazed that people are comfortable with carrying large off-shore balances given how hit and miss everything has been the past few years.
                Comment
                • katstale
                  SBR MVP
                  • 02-07-07
                  • 3924

                  #9
                  I am hoping that good poker legislation in the USA leads to liquidity returning to the market. Maybe then I won't be a criminal in my country of birth.
                  Comment
                  • 5mike5
                    SBR Aristocracy
                    • 09-21-11
                    • 52042

                    #10
                    it hasnt really been hit miss unless u stray to big bonus start up books...some players just cant say no to bonuses

                    when was the last big reputable book to go down?

                    (and BI was far from big and reputable)
                    Comment
                    • No coincidences
                      SBR Aristocracy
                      • 01-18-10
                      • 76300

                      #11
                      Originally posted by 5mike5
                      it hasnt really been hit miss unless u stray to big bonus start up books...some players just cant say no to bonuses

                      when was the last big reputable book to go down?

                      (and BI was far from big and reputable)
                      BetJam was a pretty big blow. I understand balances were kept and transferred, but it had to throw a scare into anyone with more than just a minimal amount of money there. I don't remember there being warning signs before that happened.
                      Comment
                      • 5mike5
                        SBR Aristocracy
                        • 09-21-11
                        • 52042

                        #12
                        Originally posted by No coincidences
                        BetJam was a pretty big blow. I understand balances were kept and transferred, but it had to throw a scare into anyone with more than just a minimal amount of money there. I don't remember there being warning signs to that.
                        yes but i wouldnt call every1 being paid or balances transferred to a good book going down

                        i mean i was with VIP when they closed too, but i was paid every penny and they gave a warning...guess thats the closest i ever came to a book closing or stiffing

                        but i guess it "could" happen, im personally just not worried about the bookmaker and 5dimes of the world...that said, i always withdrawl when i get to a certain # no matter what...cant be too careful
                        Comment
                        • No coincidences
                          SBR Aristocracy
                          • 01-18-10
                          • 76300

                          #13
                          Originally posted by 5mike5
                          yes but i wouldnt call every1 being paid or balances transferred to a good book going down
                          Anyone worried about a paper trail with Spiros re: The Greek and Legends? I haven't read into the story with great detail -- are the feds just going after him, or can he roll over on someone and take the whole book down?
                          Comment
                          • 5mike5
                            SBR Aristocracy
                            • 09-21-11
                            • 52042

                            #14
                            Originally posted by No coincidences
                            Anyone worried about a paper trail with Spiros re: The Greek and Heritage? I haven't read into the story with great detail -- are the feds just going after him, or can he roll over on someone and take the whole book down?
                            i havent read into it in great detail either NC

                            but i wouldnt leave a penny in there....why risk it
                            Comment
                            • John Dough
                              SBR MVP
                              • 09-21-05
                              • 1785

                              #15
                              Originally posted by 5mike5
                              i havent read into it in great detail either NC

                              but i wouldnt leave a penny in there....why risk it
                              First you say "business as usual, but only at the very few top big books", then you make the above statement. They're most definitely one of them. You can't have it both ways.
                              Comment
                              • 5mike5
                                SBR Aristocracy
                                • 09-21-11
                                • 52042

                                #16
                                i said why risk it after the things that have came to light at Legends

                                i said it's "business as usual" at the very few TOP books, and i said bookmaker and 5dimes....i dont put them in the same top tier as them..

                                and its my opinion, if i had money there it wouldnt be there now....maybe its nothing but i wouldnt risk it

                                just what i would do
                                Comment
                                • TheMoneyShot
                                  BARRELED IN @ SBR!
                                  • 02-14-07
                                  • 28672

                                  #17
                                  I said this back when BJ and Greek changed their business..... When 5D closes their doors to the US... it's officially over. That's how much trust I have in their operation towards US Players.
                                  Comment
                                  • The Kraken
                                    BARRELED IN @ SBR!
                                    • 12-25-11
                                    • 28918

                                    #18
                                    My views permanently changed after the full tilt fiasco. This was expected. Legends isn't even a big name book, the DOJ isn't going to hang there hat on taking down Legends. Others are soon to follow.
                                    Comment
                                    • John Dough
                                      SBR MVP
                                      • 09-21-05
                                      • 1785

                                      #19
                                      Originally posted by 5mike5
                                      i said why risk it after the things that have came to light at Legends

                                      i said it's "business as usual" at the very few TOP books, and i said bookmaker and 5dimes....i dont put them in the same top tier as them..

                                      and its my opinion, if i had money there it wouldnt be there now....maybe its nothing but i wouldnt risk it

                                      just what i would do
                                      I thought you meant Heritage, who I would definitely put in the same class as 5D and BM. Maybe you did, still not completely sure. In any case, you are definitely entitled to your opinion.
                                      Comment
                                      • vyomguy
                                        SBR Hall of Famer
                                        • 12-08-09
                                        • 5794

                                        #20
                                        Originally posted by No coincidences
                                        It'll be interesting to see if this comes to fruition. Our government is obviously bothered by the fact that they aren't benefiting from on-line gambling, whether it be poker or sports wagering. How far they take it before it becomes legal so that they can tax the shit out of it is anyone's guess.

                                        The problem is, we're kind of in the "in limbo" stage right now -- which can lead to a lot of volatility, and a lot of unpredictability. Books and accounts can and likely will get wiped out overnight, even if they've been "reputable" in the past. I'm still amazed that people are comfortable with carrying large off-shore balances given how hit and miss everything has been the past few years.
                                        Most top books will allow you to cash out before they close the shop.
                                        Comment
                                        • 5mike5
                                          SBR Aristocracy
                                          • 09-21-11
                                          • 52042

                                          #21
                                          Originally posted by John Dough
                                          I thought you meant Heritage, who I would definitely put in the same class as 5D and BM. Maybe you did, still not completely sure. In any case, you are definitely entitled to your opinion.
                                          oh no, i would also definatley put heritage in top tier....my wording was bad in previous post

                                          i was meaning i wouldnt put legends up there with bookmaker, dimes, and also heritage

                                          Comment
                                          • seaborneq
                                            SBR Posting Legend
                                            • 09-08-06
                                            • 22556

                                            #22
                                            Please post what has happened to Legends and other crackdowns. Thanks. I just posted up at legends a few months ago.
                                            Comment
                                            • No coincidences
                                              SBR Aristocracy
                                              • 01-18-10
                                              • 76300

                                              #23
                                              Originally posted by The Kraken
                                              My views permanently changed after the full tilt fiasco. This was expected. Legends isn't even a big name book, the DOJ isn't going to hang there hat on taking down Legends. Others are soon to follow.
                                              Exactly.
                                              Comment
                                              • BennyBigNuts
                                                SBR Hall of Famer
                                                • 04-16-12
                                                • 8700

                                                #24
                                                Anyone who keeps money on ANY online sportsbook right now is an absolute moron.
                                                It's all getting shut down quick. Yesterday was just a preview after 5 years of planning.
                                                And it's a good thing because everyone running those sites are just scum anyways.
                                                You guys better start finding local bookies ASAP. And good luck with the crappy lines you're gonna get with no bonuses as well lol.
                                                Thank God I'm in Vegas.
                                                Comment
                                                • vyomguy
                                                  SBR Hall of Famer
                                                  • 12-08-09
                                                  • 5794

                                                  #25
                                                  what happened yesterday?
                                                  Comment
                                                  • John Dough
                                                    SBR MVP
                                                    • 09-21-05
                                                    • 1785

                                                    #26
                                                    Originally posted by 5mike5
                                                    oh no, i would also definatley put heritage in top tier....my wording was bad in previous post

                                                    i was meaning i wouldnt put legends up there with bookmaker, dimes, and also heritage

                                                    Yeah, figured it was just miscommunication. Agree with you.
                                                    Comment
                                                    • John Dough
                                                      SBR MVP
                                                      • 09-21-05
                                                      • 1785

                                                      #27
                                                      Originally posted by BennyBigNuts
                                                      It's all getting shut down quick.
                                                      Your definition of "quick" differs from most others'.
                                                      Comment
                                                      • darkhat
                                                        SBR Hall of Famer
                                                        • 08-18-10
                                                        • 5722

                                                        #28
                                                        Originally posted by vyomguy
                                                        what happened yesterday?
                                                        get your money off of legends NOWWWWWWWWWW

                                                        http://www.wesh.com/news/central-flo...?absolute=true

                                                        http://www.wesh.com/blob/view/-/1969...indictment.pdf

                                                        ____________________________

                                                        Edit by SBR Forum:

                                                        What Legends has stated publicly is that there is no reason for users to be concerned about their funds and history shows in most cases user balances and day to day operations are unaffected. What we know is that indictments relating to gaming where they accept business from US users or have done business within the US is not uncommon. But, players should do what they feel is in their best interest and safest for them.
                                                        Comment
                                                        • konck
                                                          SBR Posting Legend
                                                          • 10-17-06
                                                          • 12554

                                                          #29
                                                          It's a domino effect ....they like anything else go after the weakest links first.
                                                          It will all fall eventually. It's going to be made legal I dont see the Govt doing this
                                                          to fatten the USA mobs pockets again. I'll say within 2 years we will be playing legal
                                                          poker and within 3 or 4 year we will be betting sports. It will be run by legit gaming
                                                          companies with profit sharing going towards things like SS. There's no way in the world
                                                          you should have anything but hobby money online ......and even with that if you run a
                                                          streak and it grows to over 10% of your income cash out. From here on out be safe
                                                          be smart the domino's are falling the one's who want to convince you they are not
                                                          probably have a reason to do so
                                                          Comment
                                                          • konck
                                                            SBR Posting Legend
                                                            • 10-17-06
                                                            • 12554

                                                            #30
                                                            Originally posted by darkhat
                                                            get your money off of legends NOWWWWWWWWWW

                                                            http://www.wesh.com/news/central-flo...?absolute=true

                                                            http://www.wesh.com/blob/view/-/1969...indictment.pdf

                                                            ____________________________

                                                            Edit by SBR Forum:

                                                            What Legends has stated publicly is that there is no reason for users to be concerned about their funds and history shows in most cases user balances and day to day operations are unaffected. What we know is that indictments relating to gaming where they accept business from US users or have done business within the US is not uncommon. But, players should do what they feel is in their best interest and safest for them.
                                                            And would you expect anything elseDid you think they would put out a statement that said RUN!!!!
                                                            Comment
                                                            • darkhat
                                                              SBR Hall of Famer
                                                              • 08-18-10
                                                              • 5722

                                                              #31
                                                              Originally posted by konck
                                                              And would you expect anything elseDid you think they would put out a statement that said RUN!!!!
                                                              I was providing the links for the lion who asked what happened yesterday

                                                              i have no money in legends, and if i did i would pull it out
                                                              Comment
                                                              • Smoke
                                                                SBR Aristocracy
                                                                • 10-09-09
                                                                • 48111

                                                                #32
                                                                Originally posted by darkhat
                                                                I was providing the links for the lion who asked what happened yesterday

                                                                i have no money in legends, and if i did i would pull it out
                                                                Who is the lion?
                                                                Comment
                                                                • easyliving
                                                                  SBR Hall of Famer
                                                                  • 06-25-12
                                                                  • 8876

                                                                  #33
                                                                  have the majority of my off-shore balance @5dimes and I'm not worried a bit. gotta think if your money isn't safe with them it isn't safe with anyone. And besides if I can't gamble at 5dimes at this point I'd rather not gamble at all.
                                                                  Comment
                                                                  • darkhat
                                                                    SBR Hall of Famer
                                                                    • 08-18-10
                                                                    • 5722

                                                                    #34
                                                                    Originally posted by Smoke
                                                                    Who is the lion?
                                                                    vyomguy has a lion in his avatar and i couldn't remember his name and don't know how to pronounce it
                                                                    Comment
                                                                    • Smoke
                                                                      SBR Aristocracy
                                                                      • 10-09-09
                                                                      • 48111

                                                                      #35
                                                                      Originally posted by darkhat
                                                                      vyomguy has a lion in his avatar and i couldn't remember his name and don't know how to pronounce it
                                                                      All hail the lion
                                                                      Comment
                                                                      Search
                                                                      Collapse
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...