Why doesn't SBR set up insurance programs for players?

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  • raiders72001
    Senior Member
    • 08-10-05
    • 11073

    #1
    Why doesn't SBR set up insurance programs for players?
    John keeps saying that Royal is going under because he's in a feud with Major. Now Major is insuring all Royal accounts for up to $1500. Who do you believe?

    I'd like to see some type of insurance program here at SBR for all the books paying John. Even if he insures the books up to $1000 per account it would make me feel much more secure.

    The way John backed PanAM I was feeling stupid for posting warnings about the book. The only way I will be hoodwinked by John again is if he insures the book with his own cash.
  • isetcap
    SBR MVP
    • 12-16-05
    • 4006

    #2
    I wonder if that isn't some sort of violation of certain affiliate marketing agreements?
    Comment
    • raiders72001
      Senior Member
      • 08-10-05
      • 11073

      #3
      We can even make the players payfor insurance. Pay $50 per year and you are insured up to $5000 from all the books that pay SBR.
      Comment
      • raiders72001
        Senior Member
        • 08-10-05
        • 11073

        #4
        I wonder if that isn't some sort of violation of certain affiliate marketing agreements?
        It would ruin the agreement that the book and SBR have when a book goes under. Instead of splitting the money 50/50 the players would get a cut this time.
        Comment
        • isetcap
          SBR MVP
          • 12-16-05
          • 4006

          #5
          Originally posted by raiders72001
          We can even make the players payfor insurance. Pay $50 per year and you are insured up to $5000 from all the books that pay SBR.
          I think it's an arrangement that warrants exploration. Again, my first concern would be possible violation of agreements currently in place.
          Comment
          • raiders72001
            Senior Member
            • 08-10-05
            • 11073

            #6
            Although I never personally backed PanAM, the site that I was a mod at did have an insurance program set up. When PanAM and APEX went under all the players in the program were paid.
            Comment
            • raiders72001
              Senior Member
              • 08-10-05
              • 11073

              #7
              MW insures all accounts from books that have banners up for $1500/account.
              Comment
              • SBR_John
                SBR Posting Legend
                • 07-12-05
                • 16471

                #8
                PanAm backed all accounts with a $500,000 bond. Lesson: Saying you are backing accounts and backing accounts is two different things.

                If SBR backed accounts we would do it with real cash and not a gimmick pledge. But becomming a true insurance or escrow company is impossible when you refer as many players as SBR does.
                Comment
                • raiders72001
                  Senior Member
                  • 08-10-05
                  • 11073

                  #9
                  John- You fell for the ole $500k bond trick. I guess Dozer's not the only one not doing his homework.
                  Comment
                  • SBR_John
                    SBR Posting Legend
                    • 07-12-05
                    • 16471

                    #10
                    Yep, we miss a book every seven years or so, we are not perfect. S-n-P rated Enron an A- so it happens even when you do your best. Of course we never schill for known thiefs like some folks do .
                    Comment
                    • BAUS
                      SBR MVP
                      • 08-10-05
                      • 2191

                      #11
                      Good idea Raiders. Why don't you insure the books you have up on your site? Or the ones you tout for?

                      Put your money where your mouth is.

                      BAUS
                      Comment
                      • raiders72001
                        Senior Member
                        • 08-10-05
                        • 11073

                        #12
                        Because dumbasses like you wouldn't sign up for it but would blame me afterwards.
                        Comment
                        • raiders72001
                          Senior Member
                          • 08-10-05
                          • 11073

                          #13
                          John- When you miss you really miss. You were involved in two of the biggest scams in offshore history. You don't mess around with that nickel, dime crap. Are you telling me you sere involved in Enron too, not that it would surprise me.
                          Comment
                          • raiders72001
                            Senior Member
                            • 08-10-05
                            • 11073

                            #14
                            I called Tej a crook for closing down Casinos and running with the money. -Raiders 02/18/06
                            LMAO
                            Comment
                            • SBR_John
                              SBR Posting Legend
                              • 07-12-05
                              • 16471

                              #15
                              You are getting like Russ Hawkins, when you are beat you just start making up lies.

                              When you stop working for Tej let me know. Was it worth it? You have no credibility, you sold out and now you are going to reep your just rewards.

                              Next time, think about the consequences BEFORE you sell your soul to the devil.
                              Comment
                              • raiders72001
                                Senior Member
                                • 08-10-05
                                • 11073

                                #16
                                So I have no credibility but I've never had a player not paid. You have all the credibility but you received a fortune from PanAM and didn't do a thing to help the players that were stiffed to get paid.

                                From PanAM alone you received more money than most here make in a year. You took a nice chunk of change from TOW and bashed him after the contract expired. Do you have any morals?

                                Like they say, there's a sucker born every day and you take advantage of as many of them as you can.
                                Comment
                                • slacker00
                                  SBR Posting Legend
                                  • 10-06-05
                                  • 12262

                                  #17
                                  I wonder if there's a market for such an insurance policy offered by 3rd party companies?

                                  So far, I've been sticking to the A books as much as I can, but it would be interesting if I could insure my account for X dollars, and take a shot at a D book that's offering an insane bonus or something. It would be win-win for everyone: the book gets more business, the player gets peace of mind, and the insurance agent gets his cut. Interesting business opportunity here for someone with the right combination of understanding about the online gaming industry, and insurance industry experience.
                                  Comment
                                  • raiders72001
                                    Senior Member
                                    • 08-10-05
                                    • 11073

                                    #18
                                    slacker- There were programs in place and it saved many in the PanAM and APEX cases. In fact I use to try and get books into these programs while a mod. The problem is guys like John with big forums threatened legal action if these programs were not put to a hault. Saving players doesn't help these big forums.
                                    Comment
                                    • DamianDunlap
                                      SBR High Roller
                                      • 08-10-05
                                      • 119

                                      #19
                                      insurabet.com tried
                                      But players or casino dont want to put up money

                                      Radier needs to be kick off this site. All he does is bash SBR
                                      SBR only promotes un problem books, unlike raider site and a few others. Raider before you tell John what to do, test it on your own site first.

                                      You have under a 100 members and want to call shots at SBR which has been around for years in online terms.
                                      The truth will set you free
                                      Comment
                                      • raiders72001
                                        Senior Member
                                        • 08-10-05
                                        • 11073

                                        #20
                                        Damian- Anyone can be around 5 years if they want to be immoral. How the hell do you think they make so much money to stay around. It's not out of generousity. It's a cut throat business.

                                        I'm just playing with my site. I don't care if it makes money or not. Now when are you selling your site for $600k? LOL
                                        Comment
                                        • SBR_John
                                          SBR Posting Legend
                                          • 07-12-05
                                          • 16471

                                          #21
                                          Raiders I dont want to ban you. But if you just cant control the lies I'm going to restrict you to the private forum. It may be tough but you have to be able to debate without making up lies. Its up to you.
                                          Comment
                                          • raiders72001
                                            Senior Member
                                            • 08-10-05
                                            • 11073

                                            #22
                                            The only reason I pick on SBR is because they tell a lie first. Of course I'm going to retaliate.
                                            Comment
                                            • raiders72001
                                              Senior Member
                                              • 08-10-05
                                              • 11073

                                              #23
                                              John- Cut the bullshit. You start on me every day and that's when I reply. Name one lie I've told today.
                                              Comment
                                              • DamianDunlap
                                                SBR High Roller
                                                • 08-10-05
                                                • 119

                                                #24
                                                raider you sound like the same fool, that thought i didnt own a real estate company. I learn not to waste my time proven my self to jerks. like you. SBR only promotes top books, you dont. I could see if you back your shitty books with insurance, which you dont.

                                                Everyday you over here, bring nothing but negative crap. You try and push a slow paying book on new people.

                                                why not push canbet, oly, 5dimes on people? The money I make has nothing to do with your bashing topics
                                                The truth will set you free
                                                Comment
                                                • SBR_John
                                                  SBR Posting Legend
                                                  • 07-12-05
                                                  • 16471

                                                  #25
                                                  Raiders everything you have said as a diversion to you calling Tej a thief has been a lie. "The problem is guys like John with big forums threatened legal action if these programs were not put to a hault." is your latest and I guess last on the main forum.
                                                  Comment
                                                  • BAUS
                                                    SBR MVP
                                                    • 08-10-05
                                                    • 2191

                                                    #26
                                                    So does this mean Raiders is banned again?

                                                    BAUS
                                                    Comment
                                                    • bigboydan
                                                      SBR Aristocracy
                                                      • 08-10-05
                                                      • 55420

                                                      #27
                                                      please calm it down guys in the main section.

                                                      i don't care if you guys fight at all, but just do it in the private section if you would.
                                                      Comment
                                                      • SBR_John
                                                        SBR Posting Legend
                                                        • 07-12-05
                                                        • 16471

                                                        #28
                                                        Raiders in not banned but he is begging to be put off the main forum. At the Rx he was restricted to the Rubber Room before getting banned altogether.

                                                        I have said SBR will tolerate a lot but not guys working. Raiders is getting paid to defend royal which is fine but that breaks one of the few rules we have; no working the forum. Or else every book would expect to be able to have their own schill.
                                                        Comment
                                                        • pier0
                                                          SBR Hustler
                                                          • 08-22-05
                                                          • 75

                                                          #29
                                                          Originally posted by raiders72001
                                                          Name one lie I've told today.
                                                          Do you mean you have lied yesterday...or the day before maybe?


                                                          I guess having a website saying you will be insured for 1000$ is better than nothing, but that's not really an insurance if the funds are not escrowed in a ringfenced account...it's just some guy's word.

                                                          There is a guy in the UK with very strong connections within the industry that has been trying to launch an insurance program/bond for few years now, but I haven't seen one single book taking on the program...

                                                          Books are either already established and well known or too small to be interested in paying money to guarantee players.
                                                          Comment
                                                          • freebie
                                                            SBR MVP
                                                            • 08-10-05
                                                            • 1174

                                                            #30
                                                            I really like Raider, but recently him and his royal -vs- SBR is a bit too much.

                                                            give it a rest and post something we can all read and enjoy.
                                                            Comment
                                                            • Bill Dozer
                                                              www.twitter.com/BillDozer
                                                              • 07-12-05
                                                              • 10894

                                                              #31
                                                              Raiders is a wannabe who likes hearing his name in the same sentence with established forums. Being in the public eye in one form or another is good for his "side" business. Hes been unsuccessful spinning the recent issues so now hes on to the archives. Same stage-seeking threads hes started a million times all over the net...boring.
                                                              Last edited by Bill Dozer; 02-19-06, 04:15 AM.
                                                              Comment
                                                              • biggs
                                                                SBR High Roller
                                                                • 08-10-05
                                                                • 117

                                                                #32
                                                                Raiders,

                                                                when you go into a resturant, and you want to know if the kitchen is clean, what do you do??

                                                                go into the bathroom, if its clean, then the kitchen is most likely clean, if its dirty, you can only imagine what the kitchen (where you cant go in) looks like



                                                                when someone is being led to a book that is problay best known for slow paying players...............................

                                                                and the person thats telling you its safe also tells you that yes they slow pay but never a no pay

                                                                well i say this.......have you ever had the chance to talk to everyone of their players and confirm that there has never been a no pay......

                                                                we all know that you have not, and until then, you should say never a no pay THAT I KNOW OF

                                                                beleive me their there, if they come to the surface (forums), their paid right away

                                                                beleive me, their there
                                                                Comment
                                                                • biggs
                                                                  SBR High Roller
                                                                  • 08-10-05
                                                                  • 117

                                                                  #33
                                                                  Originally posted by biggs
                                                                  Raiders,
                                                                  have you ever had the chance to talk to everyone of their players and confirm that there has never been a no pay......

                                                                  we all know that you have not, and until then, you should say never a no pay THAT I KNOW OF

                                                                  beleive me their there, if they come to the surface (forums), their paid right away

                                                                  beleive me, their there
                                                                  if someone asked you if it was raining, you would look out the window before you answered......wouldnt you?
                                                                  Comment
                                                                  • mad
                                                                    SBR MVP
                                                                    • 08-31-05
                                                                    • 1278

                                                                    #34
                                                                    Biggs, raiders has been banned mate so if you're waiting for a response it may be a while, LOL.

                                                                    Anyways if a fella was smart he could play with top notch loadsa' cash books and not be worried about slow/no pays at all. Hmmm I wonder, could it be that easy....
                                                                    Comment
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