Originally Posted by
BAUS
On April 21, 2005 I opened an account at PTS. I did NOT open this account due to the touting of Raiders, but rather because I was hearing from other people that they were getting paid and things were good. So I sent PTS a deposit of $5000 for a 15% bonus. I rolled it over, cashed out roughly the same amount, and was paid promptly to Neteller.
Then I contacted PTS in mid June of 2005 to see if they had any other reload bonuses, and Omar Ayubi offered me a 20% reload if I sent $10,000, and I did so on June 12, 2005.
I ran up the balance to $16,004 by the time they stopped taking wagers. They were declared insolvent a week or so later.
Roberto (TOW) began some legal action in Curacao that didn't really accomplish much, since the owner (Phil the Stiff) has taken off in May, I later learned.
By around mid-July, Roberto had secured bailouts for most of the affected players thru Greek. I'm guessing, but I think it was about 12-15 players that The Greek offered bailouts to. From what I heard it was 100% match bonus, with a 8x roll. I think Legendz bailed out a couple balances that were under $1000 with a similar deal.
Greek wouldn't bail me out because of the size of my balance, and the fact that I had a rather lengthy winning record there. Roberto talked to CRIS and DSI and they wouldn't touch my balance either, for the same reasons.
After this I posted on the SBR forum about my PTS issues, and Bigboydan talked with some bookies, but he ran into the same problem as Roberto: balance was too big for anyone to touch.
Eventually, Roberto suggested I speak to Royal about a bailout. Roberto verified with Royal that my claims were accurate. Royal was going thru their usual turbulent payout problems and forum complaints, but I was desperate and agreed to a 50% bailout. I sent 16k for 8k bonus, 12x roll, and it took me forever to complete that roll. Then later, I sent 8k for a 4k bonus, 12x roll, and completed that too. The whole process took several months.
Of course, I was only bailed out for 75% of my PTS balance, and we all know that a 75% bonus with a 12x roll isn't exactly the same as cash. But I did the best I could under the circumstances.
During this whole PTS debacle, Raiders was posting everywhere saying that he could get players paid, etc. I never bothered contacting Raiders because there was no point. He isn't a miracle worker and there was no chance in hell that he would just be able to come up with 16k for me. And due to his unsavory reputation, I felt it would be better to avoid him altogether.
In no way do I blame Raiders for PTS stiffing me. Perhaps he could have been more truthful in his posts during the time PTS was going under. But the fact remains, it was PTS who stiffed me, (Phil the Stiff and Omar to be exact).
I never signed an "exclusive" with Roberto or anything of that nature. Roberto tried to get me a bail, BBD tried to get me a bail, and I tried to get me a bail.
End of story.
BAUS