SBR John’s opinion on WWTS

[Sam Odom]

It was a Republican bill.. That it was attached to a bill concerning nationa security meant it had to go through.

Would not be where we are today if Dems were in

There are many ways to admend a bill to remove a part from it or even remove a previous admendment while the bill is still in the senate. No senator chose to do so. Those are the facts.

[Willie Bee]

The topic, I believe, was WWTS.

[Sam Odom]

you are right Sam...this is totally the DEMs fault.

I never said that nor did I resort to name calling.

[Sam Odom]

The topic, I believe, was WWTS.

[SBR_John]

Buddy,
I think the House passed it by something like a 320 - 90 margin.

I would venture a guess that more Dems voted for it than voted against it. Sad either way and Frist was the saddest of them all with his backroom antics.

[BuddyBear]

Let me be clear....i know many of you know very little about politics so I won't hold it against you.

1) There was a port security bill
2) Within this bill there are several provisions
3) A provision restricting online gaming was added by REP late at night
4) DEMS have a reputation of being weak on national security
5) Mid-term elections are coming up
6) DEMs have a chance to pick up seats b/c REP are self destructive
7) DEMS do not want to do anything to give their opposition ammunition
8) As a result, DEMS voted for this knowing that a "nay" vote would make them look very weak and give their opponents something to criticize them over.
9) No DEM, in a competitve race, would dare vote against this...plain and simple.

FACTS:

1) the anti-gaming legislation has been pushed through by the REP.

2) they added the provision late at night by REP.

3) REP have come out against this saying it is morally wrong


The REP are to blame plain and simple....no rational person can sit here and say the current situation is the result of the DEMS.

I hate DEMS almost as much as I hate REP....but for anyone to think that it was the DEMs fault it passed lives in a fantasy world.

[rolemand]

I don't pretend to know much about politics, however, at SOME POINT when something gets added to a bill by WHOMEVER, that you now don't agree with the whole bill, you have to vote NO.

Take it to the extreme and you'll see my point.

[Scorpion]

If any gambler still supports the Republicans then he is just fukking stupid!

[BuddyBear]

I don't pretend to know much about politics, however, at SOME POINT when something gets added to a bill by WHOMEVER, that you now don't agree with the whole bill, you have to vote NO.

Take it to the extreme and you'll see my point.

voting no in this bill by DEMs would be political suicide. There is nothing more than a REP would want than a DEM to vote no on this bill. They could have added other provisions as equally outrageous as this one and DEMs would have voted for it....that's just the nature of politics.

And imagine if a DEM votes no. What is s/he to say....i disagreed with the gaming part and had to vote my conscience. You think middle America cares about gambling...yeah most people here spend a lot of times on gaming forums and it may seem that everyone in this world is gambling but the reality is that less than 5% of all Americans gamble online. Saying you voted no b/c you had to take a stand on a anti-gambling restriction that appeared in a bill that deals with national security would really be foolish in an election season.

that's just the way politics is....it's a game to get in power and stay in power.

[BuddyBear]

If any gambler still supports the Republicans then he is just fukking stupid!

Just like the gay person voting REP

[rolemand]

voting no in this bill by DEMs would be political suicide. There is nothing more than a REP would want than a DEM to vote no on this bill. They could have added other provisions as equally outrageous as this one and DEMs would have voted for it....that's just the nature of politics.

And imagine if a DEM votes no. What is s/he to say....i disagreed with the gaming part and had to vote my conscience. You think middle America cares about gambling...yeah most people here spend a lot of times on gaming forums and it may seem that everyone in this world is gambling but the reality is that less than 5% of all Americans gamble online. Saying you voted no b/c you had to take a stand on a anti-gambling restriction that appeared in a bill that deals with national security would really be foolish in an election season.

that's just the way politics is....it's a game to get in power and stay in power.

Sometimes HONESTY goes a long ways. For me I'd support someone who was HONEST and SAW THRU THE SHENANIGANS THAT THE REPUBLICANS WERE TRYING TO PULL.

[BetByInternet]

Wow! I see it like another so-called great book praised, protected and supported by this and many other forums - that stuck it right in your... In this industry, you're only as great as your last payout. We're still up and running and ZERO complaints in over 2 years. We seperated from WordlGaming PLC before this mess in anticipation to avoid payout hassles and bullsh*t to protect our brand name and didn't a huge overpaid legal-beagle team...We will never blame our lawyers for stiffing anybody! We're not a huge book, but good and loyal to our players. Mainly all referral business. No BS here, never! Period! Another BIG BALLS book is CRIS(much respect to those folks...see ya at Roma's???)... I think the swat team would need to blow their building up before they go down. Yes, I said it! Because, now there's really enough to go around for everybody who's willing to stay and dance until the lights go on!!!

[BetByInternet]

There are many ways to admend a bill to remove a part from it or even remove a previous admendment while the bill is still in the senate. No senator chose to do so. Those are the facts.

YES, but only if you read it before you sign it...like any agreement. lol. I strongly doubt BUSH has a reading level over the 4th grade. Wealthy sons don't need to know how to read, just how to count.

[Don Dollars]

This leaves an awful taste in my mouth. I hope there are not a bunch more of these stories that start to surface.

[LVHerbie]

Thanks to everyone for highjacking a very important thread with political bullshit... The Republicans pushed this shit through and democrats did nothing... this is how the American political system works... There is no surprises here and the party labels don't matter...

What is surprising is how this fucking company can sit on their hands and do nothing for two weeks and then, without any notice, block all funds held by US citizens... They had plenty of fucking chances to make announcements and other shit and did nothing... this is sick shit and this company, regardless of if they are legal or illegal in my country, will never get another cent of my money....

Lucky for me I cashed out most of my account a week ago, but I still have one small pending bet left for this weekend... For the first time in my life I hope I lose my bet so I don't have to ever deal with these assholes ever again....

BETWWTS is lower in my book then any of our scummy politicans, regardless if they supported the ban or did nothing to stop it...

[Revere14]

It is never a good sign when a book does either of these two things:

1. Stops processing withdrawals
2. Stops taking bets

WWTS, like BOS a few weeks ago, just did both. Whatever value their business may have to a prospective buyer has diminished greatly. They have alienated their customers and cut off their entire revenue stream. This is not only represents a lack of integrity, but it also reflects a very poor understanding of basic finance.

If you want out of the business, SELL IT.

Revere14

[pags11]

I am confident WWTS players will get refunded though...

[Scorpion]

It is never a good sign when a book does either of these two things:

1. Stops processing withdrawals
2. Stops taking bets

WWTS, like BOS a few weeks ago, just did both. Whatever value their business may have to a prospective buyer has diminished greatly. They have alienated their customers and cut off their entire revenue stream. This is not only represents a lack of integrity, but it also reflects a very poor understanding of basic finance.

If you want out of the business, SELL IT.

Revere14

i agree
so many stupid uneducated people run offshore books

[LVHerbie]

Well I got lucky, I guess, and lost my last small wager at WWTS... My account offically has 70 cents in it... Bill you want my account number so you can start working on getting that back for me? Actually, you can let them know that they can keep that because that is the last amount of cash they will see in my account... They had two weeks to get their shit together and they waited till the last second to make a decision with no notice to the players... In fact I still haven't receive a damn email letting me know my account has been frozen... Very classy shit...

I guess they were caught with the pants down and didn't think the president would sign the bill or something?

Whatever, best of luck to everyone else in getting your money back from this book that should now be regarding in the same light as BOS and other low life scum...

[Dark Horse]

WWTS are no better than thieves. Same mentality. I find this freezing of accounts much more unacceptable than a company as Actionbets which got into trouble through mismanagement. WWTS could and would have foreseen this, and planned accordingly, with a total lack of respect for the same players who supported them for years. I hope they sink into the f*cking Bermuda triangle.

If this isn't an F book, I don't know what is.

[SBR_John]

A quick check of the neiborhood shows that only SBR took down BetWWTS banners. It's a real shame because these sites collectively reach a lot of players and together we could force a change when unfair practices arise.

There was no news today. What a shame. We will continue to press on, with or without our greedy friends.

[Dead Money]

Thanks for the update John..


Hopefully common sense prevails in this mess.

[MrX]

Several times in past threads I've mentioned on here that I got really turned off by WWTS last season when they started changing lines on me after I told them my wager. It was extremely bush league and I was always suprised that no one else seemed to think that it was disturbing behavior for a highly touted book.

There are probably always signs like this that a book is run by people of questionable integrity. In the future I pledge to pay closer attention when players come on here with complaints that don't seem to affect me but may shed some light on the integrity of a book.

[jeepsey]

The attached link is the "good news" that was supposed to be released to US customers of BetWWTS on Monday (it's already Mon morning in Australia). In reading the announcement, any resolution is NOT imminent. To summarize-- no certainty of sale, withdrawals will continue to be frozen and the gall to say that this is in the best interest of the shareholders! At this point, it looks like a long wait before withdrawals will be permitted. Hope no one needs the cash anytime soon! Even after any sale and despite any offers to soothe those affected, NO US current depositer will leave $.01 in BetWWTS!!

Here's the link:

http://www.asx.com.au/asx/statistics...issuerCode=BCL

PDF link is in the middle of the page - "Strategic Update" - from 10/16/06

[MrX]

That link is no good. Can you try again? I'd be interested in reading that.

[jeepsey]

http://www.asx.com.au/asx/statistics...issuerCode=BCL

I pasted/cut so it should have been good link. Unlikely that the abve would be any better. Send me a pm w/yr email add and i'll send u the pdf file.

[Dark Horse]

Would it make any sense for players to get together and take this outfit, the publicly owned WWTS, to court?

What if someone suddenly needs his money for an emergency?

[MrX]

Here's the link.

click

[MrX]

My favorite part:

"the Group has deemed it prudent to temporarily freeze withdrawals by US residents in order to ensure an orderly return of funds to them."

Yeah right, how about returning funds to ensure the orderly return of funds to them. By law you have the money available, right?

[TLD]

"the Group has deemed it prudent to temporarily freeze withdrawals by US residents in order to ensure an orderly return of funds to them."

Good lord! They're refusing to return the money to their customers so that they'll be able to return the money to their customers. That would be absolutely hilarious if I were in any mood to laugh when they're holding four figures of my money. Rather like that "We had to destroy the village in order to save it" quote from the Vietnam era.

[marc]

Needless to say, anyone who deposited by credit card should immediately do a charge back. Unfortuantely, Neteller will likely defend WWTS's right to steal, much the way they did with BOS and every other stiff book.

Based off othe WWTS's current actions, it would not suprise me if one of the following occurs.
1) they agree to refund deposits, but not winings. (of course if you lost, they will keep your money.)
2) The new owners will impose a rollover

The problem that WWTS faces is with each passing day, US players will become more and more impatient and just want thier funds. Whihc will make the sale price plummet. The only way to recoup any of thier money will be by some form of a stiff job. These guys are leaving the US, so why not leave with a bang.

[Newguyintown]

"Needless to say, anyone who deposited by credit card should immediately do a charge back. Unfortuantely, Neteller will likely defend WWTS's right to steal, much the way they did with BOS and every other stiff book.

Based off othe WWTS's current actions, it would not suprise me if one of the following occurs.
1) they agree to refund deposits, but not winings. (of course if you lost, they will keep your money.)
2) The new owners will impose a rollover

The problem that WWTS faces is with each passing day, US players will become more and more impatient and just want thier funds. Whihc will make the sale price plummet. The only way to recoup any of thier money will be by some form of a stiff job. These guys are leaving the US, so why not leave with a bang."

I'm confused how Bill Dozer could be so optimistic and you could be so pessimistic. I was feeling pretty good with Bill's last post and now I feel broke again.


N G T

[muskie1]

Im utterly dissapointed on the way WWTS, and betcorp has handled this situation! Is there any legal advice as to taking them to court and suing them if they dont run operations this week?

[bigloser]

. To summarize-- no certainty of sale, withdrawals will continue to be frozen and the gall to say that this is in the best interest of the shareholders! "

Dont see where it says it is in the best interests of Shareholders.

[jeepsey]

big:

see 4th para of press release. i took stakeholders to mean shareholders in the press release. if you broaden the term stakeholders to also include customers, then it's even more ridiculous --since how could it be in the best interest of their customers that they cannot withdraw!