I have 5g in Sportsbook.com going way back to the beginning of football season. I haven't deposited money in long enough to run a **********, but for what its worth my wife works for Fiserv EFT... one of the largest ****/********** transaction handlers for smaller banks in the country and used to do ********** work.
If you contest your charge, she gives you a 95% chance of winning. Why? She doubts the merchant will even respond no matter what you say. If they do, how can they maintain the **** rules of providing the service you asked for? Wanna get tricky, say you requested printed material via fedex on sports odds (not illegal) and simply want them to verify it was sent. Again, not gonna happen and you win.
So lets think about this logically for a minute though... if I'm a big book and plan to never give money back what do I do? I fold up now. What are you going to do thats any different then what you do if I dont pay out? If I'm trying beyond trying to process stuff I act as they are. The only logic behind them continuing to operate (assuming right now for all intents and purposes the money is "theirs") is to get more money in before they fold up. IF thats the case, then incoming bets would need to be GREATER than the payouts you aren't paying since you can assume there is going to be a ********** wave when you fold up and the new deposits will be well withint the window. Delaying the process might let the window expire on some folks who will miss the 180 day ********** window... but not many. Lets face it, most people lose their money at these places and don't have a major account balance to horde or care about.
I dont know... I dont think what they are doing is good but at the same time, I cant wrap my brain around the actions of CS being in line with a fold up. If I'm folding up I let all but one dude named Jose go and run it until deposits stop. The customer service, while not real helpful, is at least always there by phone or chat and that doesn't feel like a trim back before the fold up. I've called no less than 5 times regarding my last check and chatted 3-4 times with the same BS lines but still... someone is there and you have to assume right now A LOT of players are pinging CS.
Sooo... transfer your funds to my account via poker, I'll pay you .10 on the dollar and assume your risk and you can still run the **********
or I could be wrong.
B