1. #106
    katstale
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    Mike, how is the loyalty VIP thing coming. man, I would love to be accumulating Matchpoints (c)!!

  2. #107
    Thremp
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    Lou,

    Please help me. I'm confused. What was the date that Matchbook claimed they were leaving the US? What was the original payout period? Where were these in relation to Black Friday? Somehow I'm going to guess that you're not going to want to put these on a timeline. Much less bother to dig up prior discussion on this topic. I never once made any contention about "best as possible" for me a slowpay is black and white. If I say I'll pay in a week, I have a week. If I get really drunk and blow my money on hookers, and don't pay, I can't resort to some flimsy "oh but the processing" three weeks down the line.

    I like to deal in facts. I would check the SBR newsfeed for information about slowpays, but it seems to be more... selective... about which sort of news is advertised. I simply want our boi MatchbookMike to confirm that they cleared up all the old slowpays.

    You didn't touch on the auditing of player funds. Why? We know Alderney is incompetent. Do we have Mike's personal guarantee? Are accounting firms too expensive? He's made lies repeatedly (slowpay for example). Why should I trust his current statements?

  3. #108
    Hareeba!
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    What Mike actually said was "Matchbook ring fences all player funds and has never slow paid a single player."

    Certainly that is 100% accurate in my experience.

    Settlement of the accounts of some former players from the US, he confessed took longer than anticipated.

    Some people are just far too prone to falsely accuse others of being liars.
    Last edited by Hareeba!; 04-18-12 at 07:54 PM.

  4. #109
    Digo
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    Nice news!

  5. #110
    QQPALLADIUM
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    Quote Originally Posted by Hareeba! View Post
    Mike, is it possible to get a comprehensive policy statement regarding bets matched at odds which you deem to be off-market and subject to cancellation?

    Is it stated on the web-site?

    As I stated previously I did get matched on a rugby match at something like 20c better than the prevailing odds yet the bet wasn't voided.

    I think players need to have some certainty about this as it is not what exchange punters have come to expect.
    ....if it goes against the seed it's voided...if it goes for the seed it's ok...and we know who the seed is don't we???...

  6. #111
    Thremp
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    Hareeba,

    So you would agree that Matchbook slowpaid "former players"?

  7. #112
    Hareeba!
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    Quote Originally Posted by Thremp View Post
    Hareeba,

    So you would agree that Matchbook slowpaid "former players"?
    I guess that depends on your definition of "slowpaid".

    I am aware that at the time there were a few people on the forum grizzling about overdue payments.

    And I see that Matchbook Mike has acknowledged that not all former players were paid in the anticipated timeframe.

  8. #113
    Thremp
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    Could you please explain how former players are not players? This seems confusing to me. Perhaps a brief lesson in nouns and adjectives would help?

    Anyway, they could not have jettisoned US players without them owning the site and those players being active. So I'm unsure what stance you're taking, simply that if a sportsbook closes your account they are able to set up any timeline for repayment and then do not have to stick with that timeframe if they don't have enough money? (Such as sending a player multiple 200k wires instead of a single 7 figure wire? Mike probably knows the guy they slowpaid.)

  9. #114
    Hareeba!
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    Quote Originally Posted by Thremp View Post
    Could you please explain how former players are not players? This seems confusing to me. Perhaps a brief lesson in nouns and adjectives would help?

    Anyway, they could not have jettisoned US players without them owning the site and those players being active. So I'm unsure what stance you're taking, simply that if a sportsbook closes your account they are able to set up any timeline for repayment and then do not have to stick with that timeframe if they don't have enough money? (Such as sending a player multiple 200k wires instead of a single 7 figure wire? Mike probably knows the guy they slowpaid.)
    Seems quite clear to me that former players are no longer players.
    The former players were customers of the former Matchbook, not the current one.
    Nothing to do with not having enough money.
    All US serving books have experienced problems with payments.
    This would have been a prime reason why Matchbook decided not to continue serving the US customers.
    I would think it is pretty common that the smaller accounts are easier to payout in full than larger ones due to the US-imposed restrictions all those books have to deal with.

  10. #115
    brettels
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    Strange, new ownership whoopi doo but they would have adopted the customers so really it should be there responsibility to pay them now.

  11. #116
    Hareeba!
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    Quote Originally Posted by brettels View Post
    Strange, new ownership whoopi doo but they would have adopted the customers so really it should be there responsibility to pay them now.
    No they didn't "adopt" them. Right from the time of the announcement of the change in ownership, US customers were advised that they wouldn't be taken on by the new Matchbook. And to the best of my and anyone else on this Forum's knowledge they've all been paid.

  12. #117
    jjgold
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    Never heard a complaint with matchbook as far as no pay or even slow pays

    Many swear by the place

  13. #118
    Hareeba!
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    Quote Originally Posted by jjgold View Post
    Never heard a complaint with matchbook as far as no pay or even slow pays

    Many swear by the place
    and others swear at them

  14. #119
    Thremp
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    Since you're a master of US banking, please explain why its easier to process 6 bank wires rather than one, most coming post-BF rather than pre-BF?

    Thank you!

  15. #120
    prop
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    Quote Originally Posted by Thremp View Post
    Since you're a master of US banking, please explain why its easier to process 6 bank wires rather than one, most coming post-BF rather than pre-BF?
    There are many reasons. I have a corporation (nothing to do with gambling) that is limited to $50,000 maximum per week sent out of the country it is located and I can do this with nothing more than an invoice. Anything greater has too much tape and is a huge hassle - it would take me weeks just to get it approved.

    The other factor is you have dozens of merchant accounts collecting money here and there - and then with other processors massage girls, bar owners, shop owners, law firms or w/e, etc. collecting money in a small handful of countries. From here someone purchases USD cashier checks and sends to a foreign bank for deposit ($20,000 max purchase in some countries). So you have this money spread out in several locations multiple names or w/e. Your best plan is to move money as little times as possible. a $1,000,000 cash out you're over planned limit. So you could use cash from your reserves but it might be far more ideal not to keep the reserves send less there and accumulate. If spreading it out you have a change in moving the money which is nothing more than an interesting challenge. You sit down map out the best plan say this looks decent we can send $200,000 every 10 days - but at the front end we need 2 days shipping and 3 days clearing and need 2 days to start. So in 17 days from now we could do $200,000 every 10 days, let's either stick to that - or let's find one more to speed this up.

    The bigger challenge is the gambling site is probably not the one even working this. They get a processor telling them what they can send. And, as hinted here it's not always about easier it's about risk management as well. I won't pretent to have the formula for 1 large wire over 6 of 1/6th. I have no dog in this fight, not familiar with matchbook issue - might (in fact probably) agree with you, am only responding to this one aspect. There can easily be non-cash flow reasons for the slow payment. Does that make it ethical nope, does it reflect poorly, yes -but there are plenty of motivations to break it up over slower payments that are not simply "we don't have the money".

  16. #121
    BeardedTaco
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    Quote Originally Posted by katstale View Post
    Mike, how is the loyalty VIP thing coming. man, I would love to be accumulating Matchpoints (c)!!
    My mb agent told me that the vip program was still in its very early stages (that was a month ago).

  17. #122
    Hareeba!
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    Quote Originally Posted by Thremp View Post
    Since you're a master of US banking, please explain why its easier to process 6 bank wires rather than one, most coming post-BF rather than pre-BF?

    Thank you!
    Never claimed to be a master of anything.
    I'll leave it to Mike, prop and others to explain the detail to you.
    My observation simply based on having read numerous threads indicating that to be the case.

  18. #123
    Thremp
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    prop,

    I wasn't trying to say that was the only reason and don't think how anyone would construe my post in that way. The new owners either knew every single balance and how much they would need to pay and in what time frames (since they created the time frames) or they are the most incompetent bunch of buffoons to have ever existed.

    If you know how the amount and number of customers, why would you slowpay? Extremely incompetent due diligence? (Never bothering to actually speak to a processor?) A lack of funds? With all the facts, I feel the speculation points in a specific direction. Also, note how they modified their original agreement on futures to extend the payout period (from settling to allowing the futures to play out). Basically they attempted to pay out customers and something prevented them from paying players.

    Note that Lou has declined to substantiate his lie about Black Friday which is an obvious fabrication. This has been used multiple times by apologists in an attempt to handwave away the MB slowpay, but nothing about the timeline corroborates this fantasy. (SBR Newswire will tell you what dates they reported leaving the US along with all the massive threads on this board.)

    Hareeba is also continuing to speculate on shit he knows nothing about as an elderly dabbler. His repeated lies about legislation were exposed with SportsAlive. He has declined to cite any of the KYC laws he repeatedly "references". Dude is the worst sort of lying shill. No one with any credibility takes him seriously. Atleast jjgold in entertaining.

  19. #124
    Hareeba!
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    Quote Originally Posted by Thremp View Post
    Hareeba is also continuing to speculate on shit he knows nothing about as an elderly dabbler. His repeated lies about legislation were exposed with SportsAlive.
    F*ing CRAP!
    Prove it or STFU forever


    Quote Originally Posted by Thremp View Post
    He has declined to cite any of the KYC laws he repeatedly "references".
    And more, making YOU the liar.

    Quote Originally Posted by Thremp View Post
    Dude is the worst sort of lying shill. No one with any credibility takes him seriously. Atleast jjgold in entertaining.
    Prove it or STFU forever.

  20. #125
    Thremp
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    I have repeatedly. Time has shown my claims against you to be factually accurate. I offered a bet on the issue with the ruling decided by Justn7 (Despite hating me I feel he'd be unbiased enough to give a ruling close enough to fair, and I doubt you'd agree to anyone else since you can't even agree to him), you declined.

    Quite simply the rules require verification of customers based on transactions, not payouts. Waiting for a customer to request a payout instead of verifying large players on the front end is fraudulent, so is the continual shifting of goalposts by books. My address is a matter of public record. Victor Chandler attempted to rob me of thousands of dollars with the claims of "KYC" and also made fraudulent claims against me. (Lying about the account opening date, etc) You don't even know the laws you claim to reference. You claimed that player funds were kept safe in "civilised" (sic) countries. You're naive and fabricate narratives to give yourself a false sense of understanding. You're a dabbler who likes to get on the internet and pretend to be a big shot and white knight only "good books".

    I still don't even understand how ownership change absolves payout issues. Are the Jazette skins acceptable now? They're two iterations of company reformation from the original (blatant) thieving ones.

    Facts are facts. Matchy has done an excellent job since their initial slowpay fiasco, but some of the problems with their cashier and other nonsense is never reported here. The payout methods are somewhat slow, but reasonable (In line with the industry non-Pinny). I play there, but skewing the evidence is dishonest and in a self-regulated industry that is absurd.

    LOU YOU GONNA POST THAT TIMELINE MY BOY!!!!

  21. #126
    Hareeba!
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    Quote Originally Posted by Thremp View Post
    I have repeatedly. Time has shown my claims against you to be factually accurate. I offered a bet on the issue with the ruling decided by Justn7 (Despite hating me I feel he'd be unbiased enough to give a ruling close enough to fair, and I doubt you'd agree to anyone else since you can't even agree to him), you declined.
    No you have NEVER proven your false accusations. Not once despite countless demands by me to do so. NOT ONCE.

    Yes, I did agree to bet against you being able to do so. But you failed to even clarify the terms of reference and I got tired of the stupid debate about that. You wouldn't even tell me which post you were referring to which contained the alleged lie!!!

    So again, I ask you to PROVE IT or STFU.

    Which post/statement are you accusing me of containing a lie?
    Last edited by Hareeba!; 04-21-12 at 05:23 PM.

  22. #127
    BeardedTaco
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    I had a convo with an MB guy and when I commented on the MB seeding in the different markets I was told "matchbook does not seed, it's actually contracted by a third party".

    Was this BS? Or if not who the hell is the "third party"???

  23. #128
    BeardedTaco
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    just now for example:

    pinny: STL -122, PIT +115

    I put in STL -117 in MB and get matched (odds available to grab were -120 and +116). The big MB seeding numbers are reset to STL -117 and PIT +114

    20 minutes later pinny changes from -122,+115 to:

    pinny: STL -119 , PIT +112


    IF this were to happen on a very frequent basis isnt it a lil scary?
    Last edited by BeardedTaco; 04-22-12 at 01:07 PM.

  24. #129
    Thremp
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    Bearded,

    No. wtf?

    Lou,

    I'm going to assume that since you've declined to post a timeline you'll stop posting the fabrication of claiming Black Friday is the impetus for the MB slowpay.

    But thanks for lying to protect a sponsor!

  25. #130
    Santo
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    Quote Originally Posted by BeardedTaco View Post
    I had a convo with an MB guy and when I commented on the MB seeding in the different markets I was told "matchbook does not seed, it's actually contracted by a third party".

    Was this BS? Or if not who the hell is the "third party"???
    It's (relatively) well known there are operations in Scandinavia (as well as probably elsewhere) whose business model is seeding exchanges. They do the same on some Betfair markets, with their bots taking odds from whichever book leads in that sport (i.e. Asian books for soccer, Pinny for Baseball). There were easy pickings to be had in the early days of Matchbook because the XML they relied on was slower than other information -- these days less so.

  26. #131
    Thremp
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    Santo, What about the fraudulent offers that Matchbook used to place for fake in-running volume?

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