Lost around $34,000 at pinnacle.

[blowjoe2020]

Forget it man! I'm too tired! you are being "ultra-obtuse!" Now you have used the damn word "credit-card" again and involved W-union and M-gram with credit-cards!
LOL And then you have the obtuse-ness to pull the "are you saying" crap on me!! LOL
NEVER wonder what I am saying again because here it is!

"Any type of deposit that a sportsbook puts into a client's account BEFORE they are "100% certain that they have the money" then they sure as hell shouldn't be able to go back later and steal out the winnings!
All they had to do was NOT put the "uncertain" deposit into the account UNTIL it had cleared! And then tell the client to use another deposit method if they wanted the deposit ready to gamble immediately!"

If that isn't clear to you then how about just leaving me alone?
OK?
Post one more if you like & I'll try not to reply so you can have the "last word" or whatever.
My point is as simple as this:
no sportsbook should EVER put money into a client's account under the premise of:

"Here's your deposit to gamble with, But This deposit MIGHT be good, and it MIGHT not be good, we will tell you later."
LOL That's absurd for me to even type in!

[Bill Dozer]

There is a lot of discussion about the intentions of the player. But, that really doesn't matter unless we are asking the sportsbook to consider giving him money out of goodwill for bets he really didn't make .

This used to happen all the time in the days of instacash/instadebit/echecks, before all the processing changes. SBR urged players not to bet with funds before they cleared their bank because the reality was your bets hinged on the success of these third party services. You were fronted the cash (like the ol days when you could write a check at the market 2 days before payday). In rare cases these services could mess up and double charge causing a sportsbook deposit to be bad or they could find a reason not to complete the transfer. Example being - a name that didn't 100% match. But there were many more instances of players shot taking than there were of these hiccups.

Players would make big deposits for 1 dollar more than they had and bet big on longshot parlays. If it won they would try to do what they could to get the dollar in the original balance or show the book that it was a mistake caused by a small processing fee. In those rare instances when it was a bank error or unexpected fee causing them to be overdrawn, the book would make a decision on whether to credit the player. I remember the Greek crediting a player $40,000 for winnings they didn't have to honor. I recall he was a great customer for them.

The best we can do is show book mgt the timeline of the player's deposit and sportsbook balance, if indeed it looks like a freak accident that the funds did not transfer. We have asked the player for the timeline of deposits and bets and what concerns there may have been prior to first betting the funds.

[MonkeyF0cker]

There is a lot of discussion about the intentions of the player. But, that really doesn't matter unless we are asking the sportsbook to consider giving him money out of goodwill for bets he really didn't make .

This used to happen all the time in the days of instacash/instadebit/echecks, before all the processing changes. SBR urged players not to bet with funds before they cleared their bank because the reality was your bets hinged on the success of these third party services. You were fronted the cash (like the ol days when you could write a check at the market 2 days before payday). In rare cases these services could mess up and double charge causing a sportsbook deposit to be bad or they could find a reason not to complete the transfer. Example being - a name that didn't 100% match. But there were many more instances of players shot taking than there were of these hiccups.

Players would make big deposits for 1 dollar more than they had and bet big on longshot parlays. If it won they would try to do what they could to get the dollar in the original balance or show the book that it was a mistake caused by a small processing fee. In those rare instances when it was a bank error or unexpected fee causing them to be overdrawn, the book would make a decision on whether to credit the player. I remember the Greek crediting a player $40,000 for winnings they didn't have to honor. I recall he was a great customer for them.

The best we can do is show book mgt the timeline of the player's deposit and sportsbook balance, if indeed it looks like a freak accident that the funds did not transfer. We have asked the player for the timeline of deposits and bets and what concerns there may have been prior to first betting the funds.

This case reeks of shot-taking. Maybe I'm wrong, but something isn't adding up. If I got an email stating that one of my deposits bounced, I wouldn't wait for the next eight to bounce before doing something.

I'd request a copy of his bank statement for the checking account as well.

[blowjoe2020]

If I managed a book, I'd never let anybody "take a shot." Unless I accepted c-cards, then I'd have to "worry" about somebody charging back a c-card like every other business has to worry about it. At my book, Their funds would either be "verified" or they wouldn't be in the account for 3 days until instadebit confirmed the bank transfer. I'd simply tell the client that if he wanted funds quicker than 3 days, then he should use bitcoin, or a c-card or M-grm or W-union. If he wanted to "take a shot" then he could use a c-card & then charge it back if he lost (like anyone can do, then they'd be banned)
Instadebit had no business "okaying" the funds and giving them to pinnacle before they had gotten them from the players bank account. That is unheard of.
and pinnacle had no business putting the funds into the client's account if they "might" steal out the winnings later because instadebit "changed their mind" & rescinded the deposits.
I just hope I can stop posting and wait & see what happens here!!
Maybe Pinnacle has a policy for instadebit deposits. maybe they told him that instadebit funds will be credited immediately, but if something "goes wrong" & instadebit rescinds the deposits, then they will take back the winnings.
I'll just try to wait & see. Obviously I don't like a book putting "live money" into an account that they "might" steal back later.
To me, a deposit is either in the account and "live" and "good", or it shouldn't ever be "live" in the account until it is verified as "good".
That's too simple to me!

Now, let's see if I can stop posting about it until the results!! LOL

[xKMACKx]

Pinny never has any issues why with this guy?

Something is being left out

I've always used Instadebit to make my transactions with Pinnacle, never had to contact customer service with either company.

[David Da Huang]

This case reeks of shot-taking. Maybe I'm wrong, but something isn't adding up. If I got an email stating that one of my deposits bounced, I wouldn't wait for the next eight to bounce before doing something.

I'd request a copy of his bank statement for the checking account as well.

After the initial deposit bounced, on the same morning I sent Pinnacle a screenshot of my chequings balance. I also on the same day I sent Instadebit my bank statements, my government issued IDs, my utility bill, etc.


Between the day of my initial deposit and my remaining 8, I made several emails out to Pinnacle explaining my situation. I made several trips to my bank to get the necessary documents. Talking with the branch manager several times. I made several phone calls and emails to Instadebit.

Honest with all the talking and writing regarding my issue, I could've written a book.

[David Da Huang]

I've always used Instadebit to make my transactions with Pinnacle, never had to contact customer service with either company.

Everyone has different experiences.

[gauchojake]

Hey Joe - Go blow yourself pal

[David Da Huang]

Out of goodness I will forward all my emails good or bad from and to Pinnacle and Instadebit. I don't even need to do this.

I will send all my bank statements to SBR.

I have nothing to hide.

[jjgold]

I've always used Instadebit to make my transactions with Pinnacle, never had to contact customer service with either company.

[David Da Huang]

Also I'd like to say throughout this thread I am in no way bashing Pinnacle. Pinnacle is a good site. I really like their no gimmicks, better odds theme. I joined because they welcome winners.

However I do having something to criticize. Pinnacle's customer service people responds to customers in a robotic copy and pasting noncaring way. That's probably because they give players so many benefits that they can't afford the apple customer experience.

[calvin34242]

did u continue to make deposits after the initial bounced or were all your deposits before it bounced

[David Da Huang]

did u continue to make deposits after the initial bounced or were all your deposits before it bounced

All my deposits were made before it bounced.

[jjgold]

Case must be closed

[Sam Odom]

All my deposits were made before it bounced.

so... you made 9 deposits to Pinny BEFORE verification

over how many days for the 9 deposits ?

[calvin34242]

he must of been losing his ass off at that black jack haha then he finally got on a roll on deposit 9

[grease lightnin]

he must of been losing his ass off at that black jack haha then he finally got on a roll on deposit 9

Yeah and on fake deposit # fukkin 9, he hits, then he sends all his bank statements, id's, and a blood sample to pinny and instadebit "as a precaution".

[calvin34242]

still like to know how instadebit let somebody make deposits while account is in process of being verified must be a canadian thing they are so friendly and nice

[gauchojake]

still like to know how instadebit let somebody make deposits while account is in process of being verified must be a canadian thing they are so friendly and nice

if you want to know you should do is read their tos. It's pretty clear. If you read it.

[calvin34242]

i'm not allowed to the instadebit site since i'm from usa it's blocked

INSTADEBIT is not available to residents of the United States of America.INSTADEBIT web site and its services can not be accessed from within the U.S.

[grease lightnin]

still like to know how instadebit let somebody make deposits while account is in process of being verified must be a canadian thing they are so friendly and nice

It is so they can take care of customers quickly... just like a sports book makes deposits available ASAP so customers can get their wagers in. They are trying to outdo their competitors, as they should.

[calvin34242]

but sportsbooks only let you make wagers when they receive the funds, that means instadebit works on good faith like i said it must be a canadian thing they are alot nicer than other people

[gauchojake]

Weird I was on it the other day and I'm from the US. It's blocking me now though. The site states that you can establish a deposit limit without verifying the account. Limits depend on the individual account holder.

[barkus]

but sportsbooks only let you make wagers when they receive the funds, that means instadebit works on good faith like i said it must be a canadian thing they are alot nicer than other people

Yeah pretty much, you get a heads up before making any transaction that your credit score will be dinged if you don't have the funds. So I guess they are spotting the money until it clears.

My first time using instadebit it totally confused me because the money was in my book instantly but was also still sitting in my bank account. I actually contacted cs to ask what the hell was going on.

Anyway I've been using them for 9 years now and have had no issues.

[calvin34242]

there must be some kind of hold then on payouts, can u imagine sending money u didn't have winning big requesting a payout and getting the money back in ur bank account to cover the initial deposit haha

[Sam Odom]

UPDATE

[OTL]

I think OP is telling the truth. I got screwed by Instadebit in a similar fashion several years ago (not nearly as much money though).

Sorry to say David, but you won't be recovering any of your winnings from the sportsbook, since you were effectively freerolling them, even though it wasn't your fault. As far as the sportsbook goes, they are just following the rules by voiding those winnings.

Now, maybe you have a case against Instadebit, if you should take that upon yourself. Personally, I took my experiece as a lesson, and will NEVER trust one of those 3rd party wallets again.

[blowjoe2020]

Yeah pretty much, you get a heads up before making any transaction that your credit score will be dinged if you don't have the funds. So I guess they are spotting the money until it clears.

My first time using instadebit it totally confused me because the money was in my book instantly but was also still sitting in my bank account. I actually contacted cs to ask what the hell was going on.

Anyway I've been using them for 9 years now and have had no issues.

Yes, obviously this Canadian place called instadebit fronts the money to the player and puts it into the Pinnacle account. Then if the transaction from the person's bank comes back bad, they alert Pinnacle that the funds didn't go through and Pinnacle takes back the money & voids all winnings.

As long as Pinnacle tells people that this is "front money" until the instadebit transaction comes back good, then there is no problem.

Unless there is collusion between Pinnacle and I-debit! (Somebody wins 34 large before the transaction goes through, so Pinny pays I-debit to say the transaction was farck-ed up, and then Pinny uses that "excuse" to void all the winnings!)

I doubt that!

[gauchojake]

UPDATE

well Calvin 342424142 got banned for some reason that I am sure is totally unrelated

[evo34]

So.....the consensus is that books should be allowed to operate on credit, but take on no credit risk? That's a pretty sweet business model.

[baseballstud]

Curious to see how this unfolds !

[Sam Odom]

So.....the consensus is that books should be allowed to operate on credit, but take on no credit risk? That's a pretty sweet business model.

you left out one MAJOR part... Huang made 9 deposits to Pinny BEFORE verification, in fact his verification deposit bounced (his word)

[jjgold]

its over

[Sam Odom]

jjgold

Merry Christmas

[Henry Gondorff]

he must of been losing his ass off at that black jack haha then he finally got on a roll on deposit 9

9th deposit, of approx $500 average, and runs it up to $34k on blackjack is pretty awesome though, if true.