1. #1
    seaborneq
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    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.

  2. #2
    seaborneq
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    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???

  3. #3
    Chi_archie
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    was it betallsports ?

  4. #4
    GoBlue23
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    Legends
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: seaborneq

  5. #5
    seaborneq
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    Quote Originally Posted by Chi_archie View Post
    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.

  6. #6
    seaborneq
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    Quote Originally Posted by GoBlue23 View Post
    Legends
    That sounds right. Thanks GoBlue23. Do you have any idea how long that has been?? Seems like 4-5 years

  7. #7
    Waterstpub87
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    Quote Originally Posted by seaborneq View Post
    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.

  8. #8
    seaborneq
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    Quote Originally Posted by Waterstpub87 View Post
    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.

  9. #9
    Chi_archie
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    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.

  10. #10
    seaborneq
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    Quote Originally Posted by GoBlue23 View Post
    Legends
    I want to say they got fancy before the transfer and replaced the "s" with a "Z".

  11. #11
    Chi_archie
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    looks like it happened around april-june 2013

  12. #12
    Chi_archie
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  13. #13
    seaborneq
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    Quote Originally Posted by Chi_archie View Post
    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.

  14. #14
    seaborneq
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    Quote Originally Posted by Chi_archie View Post
    looks like it happened around april-june 2013
    I knew it had been a while back but not THAT long

  15. #15
    GoBlue23
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    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

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

    https://www.sportsbookreview.com/for...ashed-out.html

  17. #17
    Emily_Haines
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    Quote Originally Posted by Chi_archie View Post
    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.

  18. #18
    seaborneq
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    Quote Originally Posted by Chi_archie View Post
    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.

  19. #19
    gauchojake
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    well like they say...file a complaint

  20. #20
    Emily_Haines
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    Quote Originally Posted by gauchojake View Post
    well like they say...file a complaint
    Like that is even an option.

    SBR will say it's standard operating procedure for the book.

  21. #21
    eaglesfan371
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    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?

  22. #22
    seaborneq
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    Quote Originally Posted by eaglesfan371 View Post
    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

  23. #23
    seaborneq
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    Quote Originally Posted by eaglesfan371 View Post
    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.

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

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