The "story " has been sent to help@sportsbookreview.com

jjgold · 07-08-09, 04:12 PM

I though cascade was bankrupt years ago

durito · 07-08-09, 04:14 PM

Sorry. These guys owe players probably in the millions. I would write it off.

RealSlimShady · 07-08-09, 04:23 PM

JJ....as SBR's official "player advocate", you need to look into this and call them on behalf of the player.

Reload · 07-08-09, 04:36 PM

Originally posted by RealSlimShady

JJ....as SBR's official "player advocate", you need to look into this and call them on behalf of the player.

Would like to see another video like that.

sickler · 07-08-09, 04:47 PM

Abe, sorry to hear. Not a good shop to send money to. They were once respected, turned into a major disappointment.

JJ, that hasn't stopped Lenny from continuing to take deposits.

ABEHONEST · 07-08-09, 05:02 PM

Originally posted by sickler

Abe, sorry to hear. Not a good shop to send money to. They were once respected, turned into a major disappointment.

JJ, that hasn't stopped Lenny from continuing to take deposits.

Thanks for your input !So ,you and I are Ok !

sickler · 07-08-09, 05:39 PM

Of course, Abe.

Player's Talk is looser than the other boards. Had your thread been started in Sportsbooks & Industry, there would be no middle finger.

j0hnnyv · 07-08-09, 06:06 PM

Abe, thank you for filling out the complaint form. Any mod working on this case care to give us an update and let us all know abe's chances? (general, crazyl, justin7, dozer)

Thanks, cascade sucks!!

unknown Gambler · 07-08-09, 07:48 PM

Originally posted by j0hnnyv

Abe, thank you for filling out the complaint form. Any mod working on this case care to give us an update and let us all know abe's chances? (general, crazyl, justin7, dozer)

Thanks, cascade sucks!!

Unfortunately his chances of getting paid are about as good as Bernie Madoffs investors getting paid.

themajormt · 07-08-09, 09:00 PM

I think I saw some reports of them owing over $4million to players and having less than $25k on hand. I think this was 2 months after football...

durito · 07-08-09, 09:04 PM

Originally posted by themajormt

I think I saw some reports of them owing over $4million to players and having less than $25k on hand. I think this was 2 months after football...

2 months after football of 2006

Reload · 07-08-09, 09:15 PM

Best of luck with this situation, Abe!

Justin7 · 07-08-09, 09:36 PM

Abe,

I'm sorry you deposited with Cascade. They have stiffed many players (including myself). Lenny owes me low 5-figures.

The odds of you getting paid are less than 1%.

We can certainly look into it, but I'll be very surprised if we can do anything with this one... I don't remember the last time Cascade paid someone.

themajormt · 07-09-09, 12:12 PM

Abe how did you deposit?? This is definitely the time to do a charge back if possible!

betpartners · 07-09-09, 12:19 PM

Originally posted by themajormt

Abe how did you deposit?? This is definitely the time to do a charge back if possible!

Yup i agree on that and i never advocate chargebacks normally

Damn themajormt you must hate me now i actually agree with you on something hey

themajormt · 07-09-09, 12:29 PM

Haha, well I think if you said he shouldnt you would lose all credibility

betpartners · 07-09-09, 12:32 PM

Originally posted by themajormt

Haha, well I think if you said he shouldnt you would lose all credibility

LOL what credibility, you really think i have any on here?

The minute i took a bookies point of view my name was mud mate, but i say it how i see it without agenda and in this case i said it how i saw it

themajormt · 07-09-09, 12:33 PM

You might have a cunt hairs worth

betpartners · 07-09-09, 12:40 PM

Originally posted by themajormt

You might have a cunt hairs worth

Wow that could be a lot based on my experience, cheers for the compliment

Bill Dozer · 07-09-09, 01:19 PM

Sorry Abe. Cascade is a scam. After Lenny declared he was broke he justified continuing to operate by claiming he was booking on behalf of a new investor and bankroll. Besides a few token payments a year after they stopped paying, we aren't aware of anyone who has been paid. We will ask Lenny about your claim to see if he has any plans on treating new depositors differently. He does have some money. It's likely you will be stiffed like the others.

How did you find them last October??

ABEHONEST · 07-09-09, 03:00 PM

Originally posted by themajormt

Abe how did you deposit?? This is definitely the time to do a charge back if possible!

I ,almost entirely,I believe, deposited through Moneygram,and I do have the receipt from my last deposit back in Feb.09, .A deposit of 1000.00,sent to Nancy Robinson,the officer in charge of deposits and withdrawals.
Thanks..

sickler · 07-09-09, 06:54 PM

Abe, about the question Bill Dozer asked.

How did you find Cascade last October? Saw an ad, received a phone call, recommendation from someone?

Thanks

sickler · 07-09-09, 07:45 PM

To show how the unknowing can get sucked into the deposit-only cascade, this article by Shrink dated Feb '06 heaping praise on Cascade can be accessed from his site (and google, presumably)......it includes a working link to sign-up. There's no retraction to this glowing endorsement. Why has it not been removed? Shrink, if you're looking in, better late than never.

SSLP · 07-09-09, 08:34 PM

I wonder how many deposits this article created ?

SSLP · 07-09-09, 08:34 PM

You gotta love the FOOD sportsbook rating system.

hahaha

durito · 07-09-09, 08:35 PM

cascade was an advertiser at sbr when that article was written

SSLP · 07-09-09, 08:37 PM

in my opinion Lenny is not a bad guy ,what happened to Cascade was pretty bad luck .
I feel sorry for the players who are owed $

sickler · 07-09-09, 08:44 PM

Originally posted by SSLP

I wonder how many deposits this article created ?

The scarier question would be how many deposits the article created AFTER Cascade went bad.

The article is still on Shrink's site. Not posting the link to give him hits, take my word for it.

sickler · 07-09-09, 08:47 PM

Originally posted by durito

cascade was an advertiser at sbr when that article was written

And?

Yeah, they were once respected, but wouldn't you remove the article to prevent people from getting sucked in?

SSLP · 07-09-09, 08:50 PM

Obviously Ken doesnt remove it for $ reasons

sickler · 07-09-09, 09:15 PM

Originally posted by SSLP

Obviously Ken doesnt remove it for $ reasons

Yep, wouldn't be surprised at all.

durito · 07-09-09, 09:20 PM

Originally posted by SSLP

in my opinion Lenny is not a bad guy ,what happened to Cascade was pretty bad luck .
I feel sorry for the players who are owed $

1) How was it bad luck?

and

2) If he is not such a bad guy why is he still taking deposits 2 years later?

Mr. D · 07-09-09, 09:25 PM

Originally posted by durito

cascade was an advertiser at sbr when that article was written

Actually Durito, Cascade was never an advertiser at SBR Forum. We did display Cascade's odds on SBR Odds. At it's apex, I believe Cascade was rated at A- with Sportsbookreview.com which was probably a slightly less enthusiastic rating than most other sites gave them. We were among the first sites to warn players as Cascade crumbled and the only site to fund ongoing legal action on behalf of players against Cascade. Unfortunately, that ongoing legal action has yielded very discouraging results to date.

ABEHONEST · 07-09-09, 11:32 PM

Originally posted by sickler

Abe, about the question Bill Dozer asked.

How did you find Cascade last October? Saw an ad, received a phone call, recommendation from someone?

Thanks

Believe this or not...DON BEST SPORTS had their lines on display every day of Football and Basketball of 09'...that, is what enticed me to play there,that, and rollover bonus's,everything looked "slightly better" for the bettor,including ,looser odds that were more attractive than the rock solid books,like pinnacle,bookmaker,etc !Were the odds just "baited" for fish ?
Don Best did "finally" stop displaying their odds,late March,or early April 09.