[bettilimbroke999]

"Processor Issues" is the standard reply when requesting a payout of even a couple grand....I just wonder if they're all run as Ponzi schemes, stalling and calling (e.g. begging) for new deposits to payout current requests

When SBR and others suggest "solid financial backing" to me that would indicate a sportsbook with at least a million dollars cash on hand to be able to instantly process a cashout run like one might experience after the Super Bowl or whatever without using up their entire cash account and having to go into "processor issue" mode

At what point is a sportsbook solidly financially backed in a 3rd world country? Is 20000 cash considered a solidly backed book in Costa Rica? More and more I get the feeling they have hardly any backing whatsoever and just rely on the fact that gamblers are supposed to lose...if they take some sharp action or gamblers go on a run they just close up shop since they had no money to pay them anyway

Its actually kind of a joke that we have to prepay some brokedik tattoed punk kids in a 3rd world country with not a dime to their name (SBR B rated of course) when if we win they have no money to pay us anyway and will steal our deposits

Since I have more financial backing and a 1000x better track record paying my debts than any of these SBR B or C rated books I would like them to pay me out first and if I lose I'll pay them

[milwaukee mike]

the answer to the thread title is

[boeing power]

They are backed by the fact they can steal money with no repercussions.

Pretty nice business model.

[bettilimbroke999]

the answer to the thread title is

Too early for meth put it down

[tblues2005]

This is a good question for the kids to answer on this issue. I know the A books have good financial backing and the mistake by making a B one that went under wasn't well known. I just hope that the ones here are watchingl this closely from now on. They can only learn from a bad experience and I hope that they do a better job of handling this.

[milwaukee mike]

Too early for meth put it down

sorry but your thread did not warrant a logical discussion. you answered your own questions, thus making the very existence of this thread silly and played out.

[chilidog]

There are no sportsbooks in Costa Rica, just "customer support call centers".

[bettilimbroke999]

sorry but your thread did not warrant a logical discussion. you answered your own questions, thus making the very existence of this thread silly and played out.

Yes including my opinion in a thread I started was stupid, I should just start blank threads for now on, your posts in this thread have been very enlightening...thank you for your time now put down the meth and get some sleep

[bettilimbroke999]

This is a good question for the kids to answer on this issue. I know the A books have good financial backing and the mistake by making a B one that went under wasn't well known. I just hope that the ones here are watchingl this closely from now on. They can only learn from a bad experience and I hope that they do a better job of handling this.

I've posted here for just short of half a decade (loads gun...puts to temple...pulls trigger)

I thought an A rating when I first joined SBR meant ABSOLUTELY PERFECT...INCREDIBLE...NO ISSUES EVER...FLAWLESS FINANCIAL BACKING IN THE 10S OF MILLIONS...GREAT BOOK

And a B rating meant WORKING TOWARDS A...EXTREMELY SOLID MILLION+ BACKING....VIRTUALLY NO ISSUES....IN TIME WILL RISE TO A

Now 5 years later I've deciphered the actual SBR rating system...

A means the only books you can play at with actual financial backing and that you can reasonably expect to still be in business in a year

B means shit book with zero financial backing and in a heartbeat will run off with your money

[milwaukee mike]

bettilimbroke, i think your opinion would've been reached MUCH earlier if you had money in wsex or cascade.

[bettilimbroke999]

bettilimbroke, i think your opinion would've been reached MUCH earlier if you had money in wsex or cascade.

Probably right, but I never had money in either of those dumps. I remember WSEX being kind of a ****** up lookin book like buyin and selling teams or some bullshit so I didnt play there and Cascade (fortunately) I had never even heard of until I started posting on SBR and they were already a no pay F rated book by then

[pinnacle420]

all offshore is a scam.. i love it how people always talk like these books are our friends... dude they all could care less about us dude their whole goal is too penetrate us outta our money period paragraph!!!

[milwaukee mike]

Probably right, but I never had money in either of those dumps. I remember WSEX being kind of a ****** up lookin book like buyin and selling teams or some bullshit so I didnt play there and Cascade (fortunately) I had never even heard of until I started posting on SBR and they were already a no pay F rated book by then

it's risk vs reward. i know these places are run by thieves, but they will usually pay for quite a while. if i can get $4000 in bonuses, free half point, and reduced juice before having $2000 stolen, then i still came out ahead. but it sure does suck having the $2000 stolen, i agree with that.

[Dark Horse]

B and C books can't be considered reliable. That makes the A books the new B and C books. Offshore industry no longer exists. It's just a few books now, and without the players trust those outfits will begin to crumble as well. If these books don't organize and give players an iron-clad guarantee of financial security, the exodus of players will continue. Locals are much preferable now.

[bettilimbroke999]

it's risk vs reward. i know these places are run by thieves, but they will usually pay for quite a while. if i can get $4000 in bonuses, free half point, and reduced juice before having $2000 stolen, then i still came out ahead. but it sure does suck having the $2000 stolen, i agree with that.

This is the true standard for B rating....play while you can and hope you dont have a high balance when they stiff everyone

[InsiderHer]

You would be surprised how much money is backed by some of the more poorly rated sportsbooks. Sportsbook & BetUS have tons, but simply have difficulty managing the day to day operations. Bookmaker's abilities to manage and move make them highly rated for a reason.

Offshore sportsbooks are not perfect, but many have been paying players for well over a decade without any great fanfare or special rating from SBR. Its a little know secret that many players here at SBR post up with D rated books. Funny how that happens.

I don't think everyone should run out and deposit with a D or C rated book or anything, but I also think you shouldn't take ratings from any site as fail safe. And for those of you who keep pushing the, these books need to have financial assurances. Keep dreaming. That will only happen to a degree if the US government regulates this industry.

The truth is, your solid everyday bookie down the street could stiff you too. The whole BI situation had put a bad taste in peoples mouth, but I can tell you the BetOnSports fiasco was much much worse.

[InsiderHer]

all offshore is a scam.. i love it how people always talk like these books are our friends... dude they all could care less about us dude their whole goal is too penetrate us outta our money period paragraph!!!

Nice blanket statement, all offshore is a scam. You don't know what your talking about pinnacle. These books are not you friends is true, but penetrate you is on no ones agenda, lol. The offshore system is perfect if done correctly. You send money, you win, they send money. End of story. You send money to shops that are run with swindlers offering you everything expect the kitchen sink is your fault. Again, end of story.

[pinnacle420]

Nice blanket statement, all offshore is a scam. You don't know what your talking about pinnacle. These books are not you friends is true, but penetrate you is on no ones agenda, lol. The offshore system is perfect if done correctly. You send money, you win, they send money. End of story. You send money to shops that are run with swindlers offering you everything expect the kitchen sink is your fault. Again, end of story.

no ive been in the gambling scene for 20 years bro and i know what im talking about ya books pay but when u send money they have no intent on ever paying that back... being why u have 10 15 and 20x rollovers... they all are scum of the earth

[5mike5]

no ive been in the gambling scene for 20 years bro and i know what im talking about ya books pay but when u send money they have no intent on ever paying that back... being why u have 10 15 and 20x rollovers... they all are scum of the earth

be smart and dont take the bonus and dont worry with a rollover

and derfinatley was a blanket statement, ive been offshore around 15 years and never been stiffed or even been delayed/slow payed on payouts

doesnt mean i think its totally safe, especially for U.S., just have to be smart where u play at these days

[bettilimbroke999]

Saying they are all a scam is ridiculous but yes the kind of books with incredible bonuses he is talking about are sketchy as penetrate and can walk off with your money at any time...inevitably when its time to cash out their will be "processor issues" (the issue is they aint got any money to process)

[pinnacle420]

Saying they are all a scam is ridiculous but yes the kind of books with incredible bonuses he is talking about are sketchy as penetrate and can walk off with your money at any time...inevitably when its time to cash out their will be "processor issues" (the issue is they aint got any money to process)

yep!!!! not saying they all stiff people but im saying they are scum in a 3rd world country that is prob tied to crime and drug cartels... ive never had a issue with intertops or bovada.. but to say these dudes wouldnt bend u over in a heartbeat is insane.... i never keep more than 15k in any book ever!!

[woodsy5822]

all serious books should have a million accesible.. im sure they dont though or even have the means... its scary to think about

[blue.eyed.tuna]

Just put all your money into t Bet islands account... SBR will at least get the agents commission then

[touchback]

Yes, some services have incredibly deep pockets and lines of credit and or additional infrastructure that contribute additional revenue streams. These are the services to have as an out. Many medium size services have more than sufficient financial resources as well and or backing. Many smaller books have limited or questionable finincial liquidity, infrastructure, management... which are highly risky and make up a high percentage of available services out of Sabana. Ratings are a guideline and players should do their own due diligence when selecting a provider. A, B, C, D books can technically all qualify for the first statement, their are more to ratings than is generally assumed.

[TobiasFunke]

I would have to think they all do. What happened with BI is that "backing" pulled out on them.

[JasonDC]

I would have to think they all do. What happened with BI is that "backing" pulled out on them.

Yes, but we cant find out who that 'solid financial backing' was because the people at SBR fear retaliation..there families have to live there and the kids have to go to school there they said....hey guys, sorry to inform you that your money was stolen, we are sorry that we told you they have a very strong financial backing but no we wont tell you who stole your money..have a nice day! thanks SBR.

[bettilimbroke999]

Backers dont "pull out" thats not the nature of backing

Hey backer I lost 100k can I get that 100k you backed me for?

penetrate no Im pullin out cya!

Okay see thats not solid financial backing

[Harry N. Lloyd]

It's our own government to blame. Here we are about to go over the 'Fiscal Cliff' and they're letting all this $$ and tax revenue be swindled away by POS Caribbean outfits. It's high time they regulated the gambling business, as they do quite well in the UK. Legitimize it. Take it out of the conman's hands.

[spankie]

Ofcourse, SBR recommends B Books until they stiff you for a million dollars.

Then they will recommend A Books only!

Woot!

[JasonDC]

It's our own government to blame. Here we are about to go over the 'Fiscal Cliff' and they're letting all this $$ and tax revenue be swindled away by POS Caribbean outfits. It's high time they regulated the gambling business, as they do quite well in the UK. Legitimize it. Take it out of the conman's hands.

You are preaching to the choir with this post..eventually i think the government will regulate it so they can generate another evenue stream, but i think it could take another 5-10 years.

[bettilimbroke999]

It is amazing we have to send our hardearned to conmen in 3rd world countries who pay no taxes and may or may not walkoff with the money when in virtually every other country you just deposit to some huge publicly traded regulated company in a normal country that pays taxes and your money is about as secure as in a bank

Alot of the balances I saw on that BetIslands sheet are more than the average Costa Rican makes in fuckin 10 years

[blackbox]

DO NOT play offshore--who the heck are you going to get help from in recovering your funds- OSGA- YEA RIGHT- do not play offshore-keep repeating this statement-or there should at least be a banner on top off this page saying to play at your own risk. gl guys--people here dropped the ball.

[Dark Horse]

It is amazing we have to send our hardearned to conmen in 3rd world countries who pay no taxes and may or may not walkoff with the money when in virtually every other country you just deposit to some huge publicly traded regulated company in a normal country that pays taxes and your money is about as secure as in a bank

Not to mention that gambling is illegal in this country unless it's legal. If gambling is so bad, how can horse racing be completely accepted in the culture? Goes to show that legal or illegal, within a structure widely regarded as corporate fascism, is merely a matter of the highest bidder. There are laws that are about wrong or right, and other laws that are created entirely in the minds of the people who benefit from them. If they can benefit from gambling, as in Vegas, it's legal. Otherwise, it's not. That's where civil disobedience comes in.

[neverstoppers23]

intertops is the best non A book. really never understood why they don't have an A rating, maybe because they dont buy ad space? who knows, they have been around forever, i believe the first ever legit sports book to take a bet online.

[bettilimbroke999]

Honestly an A rated book hasnt failed in the nearly half decade since I joined....but it seems like half of the B or lower have failed...some guys take the stance of well if I can win some money bc of their bonuses or weak lines or whatever that its worth the risk and thats basically the only attitude you can have when you leave the A books

Some of the balances I saw at BetIslands are hard to believe given how short a lifespan that book had...I am guessing that they mustve had very few payout options for big balances and guys just got stuck there but there is no reason to have a 5-figure balance in a book like that unless you're just a super high roller and can accept the book walkin off with your 40k or whatever