Countdown on BetOnline....

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  • BigBollocks
    SBR MVP
    • 06-11-06
    • 2045

    #1
    Countdown on BetOnline....
    I say it starts VERY, VERY soon. A few of the moderators have warned against BetOnline from the beginning, and it will all come to fruition soon. They're run by an outfit of guys who've worked at no-pay operations before, and don't have a particular propensity towards paying out. In addition, they offer more perks and have an even riskier business model than BetCascade. There's no way they didn't expect to get creamed by sharps.

    This is the perfect time for them to pull another hit and run. Their credibility has gone down the garbage, they've already got some sizable balances accrued, and they should get plenty of more post up money through the Super Bowl regardless. This book had no chance of sustaining from the beginning, and it was pretty apparent to most that they ever had intentions of such anyways. Anyone playing with this collection of renegades should start pulling out NOW if you can imo....
  • ShamsWoof10
    SBR MVP
    • 11-15-06
    • 4827

    #2
    IF... and that is an IF... you are right then SBR is going to get smoked!!!

    Read this sh*t..

    Originally posted by Bill Dozer
    No, BOL is doing very well. Even with the reduced juice package it has been a moneymaking season. Players are still getting 6 figure payouts in a few days. Things should be going very well for BOL.

    The action on the account was taken by their casino risk mgt. The only thing we can look at at this point is how fast and how well they communicate with the all parties when there is a large dispute.
    Comment
    • BigBollocks
      SBR MVP
      • 06-11-06
      • 2045

      #3
      Originally posted by ShamsWoof10
      IF... and that is an IF... you are right then SBR is going to get smoked!!!

      Read this sh*t..



      Shams you act like this hasn't occurred before my man. It wasn't too long ago that BetCascade was an A- on here and Lenny was just having a rough patch according to some if you recall. I wanna say AcesGold was an A on here as well.

      BetOnline WILL go down. To be fair, there have been a couple of moderators who have spoken out against BOL from the beginning. SBR is a business like any other, and all in all they are the best of its kind BAR NONE. I don't believe they'd ever knowingly bump a book's rating to a sponsor if they felt the book would go under, but wishing and turning a blind eye to the facts doesn't make it so. There are too many factors working against BOL to believe they'll be around for long. GL...
      Comment
      • Justin7
        SBR Hall of Famer
        • 07-31-06
        • 8577

        #4
        BigBollocks,

        I was one of the mods who cautioned about their business model at the beginning. That concern has not changed.

        That said, we have not had a single payout complaint or even a minor dispute to my knowledge.
        Comment
        • bigloser
          SBR Wise Guy
          • 07-19-06
          • 787

          #5
          Originally posted by Justin7

          That said, we have not had a single payout complaint or even a minor dispute to my knowledge.
          What do you call a 40k slow pay on casino winnings thenÉ
          Comment
          • ShamsWoof10
            SBR MVP
            • 11-15-06
            • 4827

            #6
            Originally posted by bigloser
            What do you call a 40k slow pay on casino winnings thenÉ
            Damn you beat me to it...

            My question is if these mods have concern over them and think they MAY fall then why is their rating so high when even YOU are concerned...?

            I think you jumped the gun on them...

            Comment
            • Cheezy
              SBR Rookie
              • 06-18-06
              • 14

              #7
              Friend of mine had some money there and he said that he got $7500 payout same day
              Comment
              • SBR_John
                SBR Posting Legend
                • 07-12-05
                • 16471

                #8
                They are doing fine.

                It amazes me how books get an anti following. I guess disgruntled players who had some bad beats there.

                Right now they are in the A- group with the likes of VIP and Bodog. They are fairly rated for now.
                Comment
                • bigloser
                  SBR Wise Guy
                  • 07-19-06
                  • 787

                  #9
                  Originally posted by SBR_John
                  They are doing fine.

                  It amazes me how books get an anti following. I guess disgruntled players who had some bad beats there.

                  Right now they are in the A- group with the likes of VIP and Bodog. They are fairly rated for now.
                  The mods dont come out criticising the VIP and Bodog

                  Neither of the above 2 come with Betonlines baggage or short history. They have to be held to a higher standard. When they have been around for 10 years, they get to make the odd slip
                  Comment
                  • SBR Lou
                    BARRELED IN @ SBR!
                    • 08-02-07
                    • 37863

                    #10
                    Originally posted by SBR_John
                    It amazes me how books get an anti following. I guess disgruntled players who had some bad beats there.
                    That's not fair to say John. While some speculation may be a bit excessive, things certainly aren't being handled in a very reassuring way. You have been very vocal and consistent on their rating, I'll give you that, but you're just now breaking your silence. Players have a very legitimate reason to feel alarmed right now. I hope you're right about them, but I'm not sure its for entirely the same reasons.
                    Comment
                    • SBR_John
                      SBR Posting Legend
                      • 07-12-05
                      • 16471

                      #11
                      Originally posted by crazyl
                      That's not fair to say John. While some speculation may be a bit excessive, things certainly aren't being handled in a very reassuring way. You have been very vocal and consistent on their rating, I'll give you that, but you're just now breaking your silence. Players have a very legitimate reason to feel alarmed right now. I hope you're right about them, but I'm not sure its for entirely the same reasons.
                      Look on this forum everyday and you will see every book has a few haters. Some are more vocal. One of the best posters thinks the Greek should be an F. He's in every Greek thread. We understand and try to be tolerant. Guys lose and sometimes take it personally.

                      BOL has a big casino winner and they are checking with the software provider. Thats hardly unusal. You go run $500 into $70k at any book with a 3rd party software casino and you will find it will take a while to double check your play.
                      Comment
                      • Dark Horse
                        SBR Posting Legend
                        • 12-14-05
                        • 13764

                        #12
                        John, on a scale from 1 to 10 with Cascade at 1 and Pinnacle at 10, where would you place BOL's ability to handle 105 juice?
                        Comment
                        • Dark Horse
                          SBR Posting Legend
                          • 12-14-05
                          • 13764

                          #13
                          Something along these lines?

                          A+ = 10
                          A = 9
                          A- = 8 <=
                          B+ = 7
                          B = 6
                          B- = 5
                          C+ = 4
                          C = 3
                          C- = 2
                          D+, D, D- = 1
                          F = 0
                          Comment
                          • durito
                            SBR Posting Legend
                            • 07-03-06
                            • 13173

                            #14
                            What are their -105 limits?
                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388179

                              #15
                              How about a countdown on the majority of books
                              Comment
                              • SBR_John
                                SBR Posting Legend
                                • 07-12-05
                                • 16471

                                #16
                                See how long you can win there at -105. Not long and no bonus. But we all will keep an eye on them.

                                I've said before they should consider dropping the high bonuses because it forces them to manage risk with a heavy hand.Highly unlikely they can becaome an A+ book with the current model. But give the devil its due. These guys are top notch managers. Ive met with them many times as I have with almost every manager in the industry. Lets see what their players are saying come spring and at the start of next football.
                                Comment
                                • raiders72002
                                  SBR MVP
                                  • 03-06-07
                                  • 3368

                                  #17
                                  Posters should get 15 yards for piling on. I've said this many times. First take the dispute off the forum. This is ridiculous.

                                  I think it was JC, although I could be mistaken, that started spreading rumors about Pinnacle and the same thing happened. There was a run on the bank.

                                  Maybe this is good as everyone is withdrawing funds. If BOL survives this it'll prove they are a good book.
                                  Comment
                                  • BigBollocks
                                    SBR MVP
                                    • 06-11-06
                                    • 2045

                                    #18
                                    Originally posted by SBR_John
                                    Look on this forum everyday and you will see every book has a few haters. Some are more vocal. One of the best posters thinks the Greek should be an F. He's in every Greek thread. We understand and try to be tolerant. Guys lose and sometimes take it personally.

                                    BOL has a big casino winner and they are checking with the software provider. Thats hardly unusal. You go run $500 into $70k at any book with a 3rd party software casino and you will find it will take a while to double check your play.

                                    John do you really think I started this thread because I "lost and take it personally"? If that was the case, I ought to be ranting against Pinnacle every day of every week, as they took me for several new Mercedes in aggregate.

                                    Also, to even compare BetOnline to theGreek is pretty out there. Those two are in such different classes that it would take a novel to list all the ways in which theGreek is superior.

                                    Again, I prefaced this thread by praising SBR and the integrity of the site. However, we differ very strongly in the assessment of BetOnline. I think they're more overrated than Michigan was to start off the season in college football. If you want to make a side bet and are willing to give me 4-1 I'll bet you that BOL won't be around in the summer of 2009....
                                    Comment
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