Cascade is the Newest added to Omega

bigboydan · 09-10-07, 03:25 PM

Originally posted by Omega Mike

Thanks for the question. Omega has just added the Cascade Sports group as a merchant. It will probably be a week before the technical part is integrated and Omega is available at the site.

I have to question this move Mike.

Cascade is strictly a deposit only type book these days. I know your company is new to the offshore scene and want to get clients and all, but don't your company have certain standards?

Omega Mike · 09-10-07, 03:44 PM

Cascade

I appreciate the comment. I have actually closely followed the thread on Cascade payment issues. From our discussions with Cascade this might be an area where Omega can be of some assistance. Time will tell how this plays out and I hope that Omega can be part of the solution for Cascade and anyone that has had difficulty with payments.

bigboydan · 09-10-07, 03:47 PM

Will you stop being a merchant to Cascade if they don't start paying out at some point, and if so. What type of deadline will your company cease processing for them?

cobra_king · 09-10-07, 03:57 PM

If i'm ever in a situation where i'm looking around for a new money transfer method, I will never even consider Omega if they are aligning themselves with this stiff book. It's different if they had a connection BEFORE Cascade went down in a blaze of glory, but to willingly come aboard after this fiasco is just one ****ed up business decision.

Omega Mike · 09-10-07, 04:03 PM

Cascade and Omega

That is an interesting question. Omega won't deal with anyone that we believe is not paying customers with the intent of defrauding them. Although, we have not previously had any experience with Cascade it seems clear that there are definitely some people who are waiting to be paid. In this sense it is very good news that Cascade is now working with Omega. Omega can certainly help with processing payouts. I think working with Omega is a positive sign for those customers of Cascade who have experienced delays with payouts. I sincerely hope that over the next few weeks that Omega can help resolve some of these long standing issues through our services and continue to be part of the solution for both Cascade and their customers.

aggie · 09-10-07, 04:10 PM

this is absolutely fu%$#ng outrageous! anyone with half a brain will avoid omega from now on. unless of course, Mike will pay me my cascade balance. how about it mike? just a simple answer, as you followed specific thread closely!

tacomax · 09-10-07, 04:13 PM

Originally posted by Omega Mike

In this sense it is very good news that Cascade is now working with Omega. Omega can certainly help with processing payouts.

Seems like a good plan. Unfortunately, Cascade have no problems in processing payments. The small problem is that they don't have the money to pay in the first place. Is Omega going to assist in this small problem?

DrunkenLullaby · 09-10-07, 04:34 PM

Yes indeed Mike, while I was excited about the prospects for your company in previous threads, I have to agree that only one of 2 outcomes can occur here:

1) Somehow, someway Cascade pays somebody via your site and suddenly your company gains a world of appreciation and respect

or

2) You have entered the business of knowingly leading lambs to the slaughter and everyone should avoid you like the plague.

A pretty big gamble for your firm I must say, but this is the gambling business!

d2bets · 09-10-07, 04:41 PM

Originally posted by Omega Mike

That is an interesting question. Omega won't deal with anyone that we believe is not paying customers with the intent of defrauding them. Although, we have not previously had any experience with Cascade it seems clear that there are definitely some people who are waiting to be paid. In this sense it is very good news that Cascade is now working with Omega. Omega can certainly help with processing payouts. I think working with Omega is a positive sign for those customers of Cascade who have experienced delays with payouts. I sincerely hope that over the next few weeks that Omega can help resolve some of these long standing issues through our services and continue to be part of the solution for both Cascade and their customers.

Mike, it is not "some people" that are waiting to be paid, it is ALL PEOPLE. Nobody has been paid by Cascade for I believe over 5 months now. Intent to defraud? That's a pretty loaded phrase. I suppose if they don't have money then they can say they really don't mean not to pay, they just don't have any money. But if Omega can actually help with processing payouts for Cascade players then you guys will be heroes to many. I wish you luck in that regard. But if your purpose is simply to facilitate deposits to a book that is known to not pay for months, then your reputation will be destroyed. I would suggest that you help communicate a plan of distributions from Cascade within a week.

SBR Lou · 09-10-07, 04:56 PM

It's not a fluke that the top books aren't dealing with Omega. I'm also pretty sure Omega is trying to hook up with any books that will list them, even if it is a poorly rated book or one that most bettors avoid. I've seen Omega Mike on other forums too answering dozens of questions about his company, usually recycling the same old answers.

At first I welcomed a new company entering the market, but now I just really think something is fishy about them. I don't think an electronic gadget or 5% bonus is worth the risk of loading up with an unestablished company that services deadbeat books.

Scorpion · 09-10-07, 04:57 PM

Originally posted by tacomax

Seems like a good plan. Unfortunately, Cascade have no problems in processing payments. The small problem is that they don't have the money to pay in the first place. Is Omega going to assist in this small problem?

YES OF COURSE!

HOPEFULLY OMEGA MIKE WILL BE BEHIND BARS SOON!

FUKKING THIEVES!!!!

philswin · 09-10-07, 05:21 PM

So Omega Mike - when can we start transferring our cascade balances to other books?

Omega Mike · 09-10-07, 05:35 PM

Cascade and Omega

Understandably, those of you waiting to be paid are skeptical of Cascade making any payments at all, whether through Omega or any other provider. At the very least having Omega as an option is a clear opportunity for Cascade to provide the payouts many of you are looking for. Omega could be used to move money from Cascade to another site or Omega can assist Cascade in directly paying customers.

We will closely monitor the situation and I hope over the next few weeks Omega can be of assistance to both Cascade and their customers.

I understand that many of you have a personal interest in this situation and I believe having Omega can only be a net positive for everyone involved.

Helmut · 09-10-07, 06:03 PM

next few weeks..... I want my money now!!!!!!!!!

bigboydan · 09-10-07, 06:10 PM

Originally posted by Omega Mike

We will closely monitor the situation and I hope over the next few weeks Omega can be of assistance to both Cascade and their customers.

So what your saying is if Cascade doesn't start paying it's players in the next two weeks you will cut off there processing with your company?

If thats not the case at all then that pretty much says it all about your company IMO.

Stumpage · 09-10-07, 06:12 PM

This thread alone may have just driven Omega into the ground.....Are you kidding me? Cascade? Maybe ESB Telebet will be next for Omega to set their sites on, or perhaps any of the books under the "BetonSports" umbrella.....Is it April 1st today?

DrSlamm · 09-10-07, 06:17 PM

yep no chance i am dealing with omega now

katstale · 09-10-07, 06:24 PM

Man, I just drifted into the twilight zone!!

Bill Dozer · 09-10-07, 06:49 PM

Cascade will not be paying owed users with Omega next week when it is added. At least not before taking deposits. A low-limit eWallet isn't the answer to players owed 5 and six figures.

I agree with the posters. If Omega does knowingly go forward facilitating what now has to be called a scam deposit-only book, they will hurt their reputation and be dropped by other clients.

Omega clients have asked us our opinion of them and we have said we didn't have one as of yet. We will now.

Bill Dozer · 09-10-07, 06:54 PM

Originally posted by d2bets

Mike, it is not "some people" that are waiting to be paid, it is ALL PEOPLE. Nobody has been paid by Cascade for I believe over 5 months now. Intent to defraud? That's a pretty loaded phrase. I suppose if they don't have money then they can say they really don't mean not to pay, they just don't have any money. But if Omega can actually help with processing payouts for Cascade players then you guys will be heroes to many. I wish you luck in that regard. But if your purpose is simply to facilitate deposits to a book that is known to not pay for months, then your reputation will be destroyed. I would suggest that you help communicate a plan of distributions from Cascade within a week.

Omega is well aware it is working with a book in debt and the absolute best case scenario is transfering deposits to owed players creating new owed players. That won't happen because Cascade is trying to build an active client base.

bigboydan · 09-10-07, 07:09 PM

Cascade pretty much says it all right here in this tid bit Bill.

Important Notes:

Cascade is under NO obligation to make payouts by any alternate method other than the method used to make your original deposit.

404 - File or directory not found.

http://www.betcascade.com/cashier_notes.asp

Scorpion · 09-10-07, 07:12 PM

I wonder if OMEGA MIKE and GJ Mike are related?

bigboydan · 09-10-07, 07:13 PM

Originally posted by Scorpion

I wonder if OMEGA MIKE and GJ Mike are related?

I can't say for sure Scorpion, but I like to think GJ Mike has a lot more class than that.

jjgold · 09-10-07, 07:26 PM

Originally posted by Scorpion

I wonder if OMEGA MIKE and GJ Mike are related?

Interesting observation

David · 09-10-07, 07:30 PM

Doesn't neteller allow transfers to no pay sportsbooks?

durito · 09-10-07, 07:31 PM

I wasn't planning on trying omega anyway. But, this decision assures I won't ever.

If you are trying to build a reputable company, you should not be doing business with Cascade.

statguy · 09-10-07, 07:32 PM

This is the most outrageous thread I've ever seen. These Omega guys are either dumb as a box of rox or in bed with the deposit only books they represent. Either way, I hope they rot in hell for aiding and abetting the theft of peoples money by facilitating the transfer of money to a scam book like cascade.

20Four7 · 09-10-07, 07:51 PM

how to run a business into the ground...... Watch Omega Mike and OIS.

michael777 · 09-10-07, 08:06 PM

bad move mike,game over

Stumpage · 09-10-07, 08:21 PM

Questionable business decisions in Earth's history:

*Asa Sandler sells the bottling rights for Coca-Cola, for $1 (1899)...

*Anything Enron did (1985-2001)...

*Omega Mike proudly announces the Omega-Cascade Alliance (5 hours ago)...

panther11 · 09-10-07, 08:51 PM

Wow, I signed up with Omega a couple of weeks ago and was about to pull the trigger this week and deposit about 10k wiht them to send to Jazz and 5dimes. Not anymore. Wow, is all I can say. WTF kind of business decision is this?

bigboydan · 09-10-07, 08:53 PM

Originally posted by panther11

WTF kind of business decision is this?

A very bad one indeed

Bill Dozer · 09-11-07, 12:24 PM

Even Neteller stopped offering its services to merchants when enough players showed they were stiffed.

Omega has a chance to do something positive here. Omega can come out and say "We made a bad decision, integration will only happen if Cascade puts up $100k and the first 100 Cascade victims to use Omega each get $1k in their account. Unless this happens, you won't see Omega do any processing with Cascade."

jjgold · 09-11-07, 02:16 PM

Looks like Omega is done before they started

Bad move