Which book folded and transferred our accounts to Wagerweb?? How long ago was it??

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

    #1
    Which book folded and transferred our accounts to Wagerweb?? How long ago was it??
    Unbelievable that Wagerweb wants me to deposit with them after holding on to my money for ALL these years. Does anyone remember the terms/rollover for that transfer??? Wagerweb is giving me the run-around by still holding on to the deposit.
  • seaborneq
    SBR Posting Legend
    • 09-08-06
    • 22556

    #2
    Is it ever an option for a folding book to just send the money back to the player instead of automatically just transferring the account to another book under different terms???
    Comment
    • Chi_archie
      SBR Aristocracy
      • 07-22-08
      • 63165

      #3
      was it betallsports ?
      Comment
      • GoBlue23
        SBR MVP
        • 11-04-10
        • 1302

        #4
        Legends
        Comment
        • seaborneq
          SBR Posting Legend
          • 09-08-06
          • 22556

          #5
          Originally posted by Chi_archie
          was it betallsports ?
          Not saying it wasn't them also, but I don't remember having a betallsports account. I think The Greek transferred a lot of us to Heritagesports. And it's been a few more folded books that have transferred me also. I just can't remember who transferred me to Wagerweb.
          Comment
          • seaborneq
            SBR Posting Legend
            • 09-08-06
            • 22556

            #6
            Originally posted by GoBlue23
            Legends
            That sounds right. Thanks GoBlue23. Do you have any idea how long that has been?? Seems like 4-5 years
            Comment
            • Waterstpub87
              SBR MVP
              • 09-09-09
              • 4102

              #7
              Originally posted by seaborneq
              Is it ever an option for a folding book to just send the money back to the player instead of automatically just transferring the account to another book under different terms???
              They dont have all if it, if they did they would payout. They probably transfer it to the new site for 20 cents on the dollar.
              Comment
              • seaborneq
                SBR Posting Legend
                • 09-08-06
                • 22556

                #8
                Originally posted by Waterstpub87
                They dont have all if it, if they did they would payout. They probably transfer it to the new site for 20 cents on the dollar.
                Good point. It's normally done in the middle of the night, when you go check again you are under new management.
                Comment
                • Chi_archie
                  SBR Aristocracy
                  • 07-22-08
                  • 63165

                  #9
                  https://www.safestbettingsites.com/scam-sportsbooks/legends-sportsbook


                  LEGENDS HANDED OVER THE DEBT TO WAGERWEB – SIGNIFICANT REDUCED PAYOUTS



                  All balances were to have a 10x rollover, which equates to a 50% advantage due to theoretical hold. In laymen’s terms, this meant that players would lose nearly half their starting balance. WagerWeb ended up giving players’ a reduced rollover and settling at 5x the amount of starting balances, but this still amounted to a 25% advantage. WagerWeb has a tumultuous history in regards to deceptive bonus terms and paying high account balances, but in recent years, they have cleaned up their act in a big way. The account transfer with attached rollover isn’t an ideal situation for players, but it’s much better than losing the funds completely, which is something players have dealt with multiple times when sportsbooks go bust.
                  Comment
                  • seaborneq
                    SBR Posting Legend
                    • 09-08-06
                    • 22556

                    #10
                    Originally posted by GoBlue23
                    Legends
                    I want to say they got fancy before the transfer and replaced the "s" with a "Z".
                    Comment
                    • Chi_archie
                      SBR Aristocracy
                      • 07-22-08
                      • 63165

                      #11
                      looks like it happened around april-june 2013
                      Comment
                      • Chi_archie
                        SBR Aristocracy
                        • 07-22-08
                        • 63165

                        #12
                        Comment
                        • seaborneq
                          SBR Posting Legend
                          • 09-08-06
                          • 22556

                          #13
                          Originally posted by Chi_archie
                          https://www.safestbettingsites.com/scam-sportsbooks/legends-sportsbook


                          LEGENDS HANDED OVER THE DEBT TO WAGERWEB – SIGNIFICANT REDUCED PAYOUTS



                          All balances were to have a 10x rollover, which equates to a 50% advantage due to theoretical hold. In laymen’s terms, this meant that players would lose nearly half their starting balance. WagerWeb ended up giving players’ a reduced rollover and settling at 5x the amount of starting balances, but this still amounted to a 25% advantage. WagerWeb has a tumultuous history in regards to deceptive bonus terms and paying high account balances, but in recent years, they have cleaned up their act in a big way. The account transfer with attached rollover isn’t an ideal situation for players, but it’s much better than losing the funds completely, which is something players have dealt with multiple times when sportsbooks go bust.
                          That's what im dealing with Chi Archie. They won't tell me the transferred deposit or rollover only THAT I have to wager nearly 4K more to make a withdrawal. The way Wagerweb puts it I have a 20X rollover and I also need to make a deposit with them.
                          Comment
                          • seaborneq
                            SBR Posting Legend
                            • 09-08-06
                            • 22556

                            #14
                            Originally posted by Chi_archie
                            looks like it happened around april-june 2013
                            I knew it had been a while back but not THAT long
                            Comment
                            • GoBlue23
                              SBR MVP
                              • 11-04-10
                              • 1302

                              #15
                              Yeah

                              They had an operation going on in the US that got raided and folded up shortly after

                              Different world back then

                              I’m getting old
                              Comment
                              • Chi_archie
                                SBR Aristocracy
                                • 07-22-08
                                • 63165

                                #16
                                Originally posted by seaborneq
                                I knew it had been a while back but not THAT long
                                I mean you, yourself were dealing with this issue 5 years ago

                                Comment
                                • Emily_Haines
                                  SBR Posting Legend
                                  • 04-14-09
                                  • 15917

                                  #17
                                  Originally posted by Chi_archie
                                  https://www.safestbettingsites.com/s...nds-sportsbook


                                  LEGENDS HANDED OVER THE DEBT TO WAGERWEB – SIGNIFICANT REDUCED PAYOUTS



                                  All balances were to have a 10x rollover, which equates to a 50% advantage due to theoretical hold. In laymen’s terms, this meant that players would lose nearly half their starting balance. WagerWeb ended up giving players’ a reduced rollover and settling at 5x the amount of starting balances, but this still amounted to a 25% advantage. WagerWeb has a tumultuous history in regards to deceptive bonus terms and paying high account balances, but in recent years, they have cleaned up their act in a big way. The account transfer with attached rollover isn’t an ideal situation for players, but it’s much better than losing the funds completely, which is something players have dealt with multiple times when sportsbooks go bust.
                                  That's total fukkin bullshit.

                                  Books get away with this because SBR is complicate in the theft.
                                  Comment
                                  • seaborneq
                                    SBR Posting Legend
                                    • 09-08-06
                                    • 22556

                                    #18
                                    Originally posted by Chi_archie
                                    I mean you, yourself were dealing with this issue 5 years ago

                                    https://www.sportsbookreview.com/for...ashed-out.html
                                    Lol. I saw some of my responses from back then. I knew this was going to end badly. And it was not a 2X rollover. More like 20X for me. Been dealing with and betting with Wagerweb for over 6 years and they keep moving the goalposts. After 6 years just let the client withdraw their money.
                                    Comment
                                    • gauchojake
                                      BARRELED IN @ SBR!
                                      • 09-17-10
                                      • 34103

                                      #19
                                      well like they say...file a complaint
                                      Comment
                                      • Emily_Haines
                                        SBR Posting Legend
                                        • 04-14-09
                                        • 15917

                                        #20
                                        Originally posted by gauchojake
                                        well like they say...file a complaint
                                        Like that is even an option.

                                        SBR will say it's standard operating procedure for the book.
                                        Comment
                                        • eaglesfan371
                                          SBR MVP
                                          • 01-08-19
                                          • 4079

                                          #21
                                          I'm confused, why are you just now touching a balance from 4-5 years ago? Or are they saying for a recent deposit you have to roll it over the 5x balance of your previous Legends balance?
                                          Comment
                                          • seaborneq
                                            SBR Posting Legend
                                            • 09-08-06
                                            • 22556

                                            #22
                                            Originally posted by eaglesfan371
                                            I'm confused, why are you just now touching a balance from 4-5 years ago? Or are they saying for a recent deposit you have to roll it over the 5x balance of your previous Legends balance?
                                            I haven't made another deposit after the transfer. Yet Everytime I go to withdraw the tell me I need to wager more money to reach a rollover that they won't tell me what it is. Just that I need to wager 4K more, and that I need to make a deposit to receive anything in their contests(NFL handicapping contest especially). So they won't let me withdraw and they won't let me receive what I win in their contests. Just a double edged sword. Cutting me at the knees on withdrawals and deposits
                                            Comment
                                            • seaborneq
                                              SBR Posting Legend
                                              • 09-08-06
                                              • 22556

                                              #23
                                              Originally posted by eaglesfan371
                                              I'm confused, why are you just now touching a balance from 4-5 years ago? Or are they saying for a recent deposit you have to roll it over the 5x balance of your previous Legends balance?
                                              I've been trying to get the money out for years but they keep moving the goalposts back after I kick the ball. I was told in 2017 I had reached the rollover, now I haven't.
                                              Comment
                                              • seaborneq
                                                SBR Posting Legend
                                                • 09-08-06
                                                • 22556

                                                #24
                                                How long does it take to hear back from SBR after you file a complaint against a sports book?
                                                Comment
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