Im pissed!!!!!!beted

brxbmbers42 · 12-27-10, 02:28 PM

SBR Lou · 12-27-10, 02:30 PM

Stephen,

BetED is free to limit you, or deny your business entirely. So long as you aren't in the middle of rolling over bonus funds, then all is fair. BetED a recreational sportsbook thats obviously made the decision taking your bets isn't a good idea for them. Wear the $1 limits as a badge of honor.

There's no reason to be nervous at this point. Unless there are other considerations here, let us know how smoothly your withdrawal requests go.

firedawg · 12-27-10, 02:31 PM

figures

lyon804 · 12-27-10, 02:32 PM

Good stuff Stephen B

If, when, you get your money give the greek a shot and tell them who sent you.

brxbmbers42 · 12-27-10, 02:33 PM

isnt beted the book that paid that 500 dollar ten teamer that poster claimed he won for about 400k

tony_come · 12-27-10, 02:36 PM

Be careful and play it cool

aldeniro09 · 12-27-10, 02:37 PM

listen...thanks for your reply...i really feel helpless right now and am so glad there is somewhere to go where we can share issues and find about the best way to handle them. im very worried beted is now going to say something about a problwm with withdrawing my funds. If all is good and i get my money, i would have nothing bad to say about beted. I'll take my money and move on. Thats what im hoping there looking for as well. So is this like a tight nit sports betting community on here that everyone has each others back?? If so lm proud to be now a part of it.

Hareeba! · 12-27-10, 02:37 PM

Originally posted by Lou

Stephen,

BetED is free to limit you, or deny your business entirely. So long as you aren't in the middle of rolling over bonus funds, then all is fair. BetED a recreational sportsbook thats obviously made the decision taking your bets isn't a good idea for them. Wear the $1 limits as a badge of honor.

There's no reason to be nervous at this point. Unless there are other considerations here, let us know how smoothly your withdrawal requests go.

Lou is correct but when a book effectively says they don't want your business any more such as this they should be prepared to pay out your full balance immediately. Simply unfair to make you wait to use your bankroll elsewhere.

HiTMaNN · 12-27-10, 02:39 PM

What do you expect when you go with a shitty sports book.

sharpcat · 12-27-10, 02:50 PM

Originally posted by Hareeba!

Lou is correct but when a book effectively says they don't want your business any more such as this they should be prepared to pay out your full balance immediately. Simply unfair to make you wait to use your bankroll elsewhere.

I agree 100% if a book chose to limit a players wagers to a ridiculous bet amount than they should be prepared to pay them the full amount owed and not make them take their balance out $2,000 a week for a month if the players account has been rendered useless.

BigDaddy · 12-27-10, 02:52 PM

Originally posted by Hareeba!

Lou is correct but when a book effectively says they don't want your business any more such as this they should be prepared to pay out your full balance immediately. Simply unfair to make you wait to use your bankroll elsewhere.

agree

they need to play the player in full

aldeniro09 · 12-27-10, 03:22 PM

so now beted had just told me that my account hasnt been capped to a 1$ maximum however my NBA wager has been. And my withdraws i requested via instant check, im now being told they are not able to process them because i didnt make my deposit using instant check. I deposited using ** and am being told now that i can only request 850$ every 4 days. Well at 12,500 thats going to take awhile..... This is BULLSHIT!!!! everything about it....im just thinking what next?????

SBR Lou · 12-27-10, 03:25 PM

Originally posted by BigDaddy

agree they need to play the player in full

He can request $3,000 a week with a $12,500 balance. That's not unreasonable.

There's also not much temptation to lose the balance back to Ed with $1 limits.

Ralphie1412 · 12-27-10, 03:27 PM

I cant even imagine sending beted 2500 bucks. I wouldnt even feel like I had real action on a game while I was watching it.

sharpcat · 12-27-10, 03:33 PM

Originally posted by Lou

He can request $3,000 a week with a $12,500 balance. That's not unreasonable.

There's also not much temptation to lose the balance back to Ed with $1 limits.

This is unreasonable Lou if you look from the players angle where he now has funds tied up which are unusable for him.

Maybe it is not unreasonable for the book since they are able to hold the players funds for several weeks earning interest on the players funds.

If they will not allow him to bet more than $1 and will not allow him to take his funds out the book should at the very least reimburse the player for the 2% interest he could be earning on his money if it were in a bank for every day they hold his money.

Hareeba! · 12-27-10, 03:39 PM

Originally posted by sharpcat

This is unreasonable Lou if you look from the players angle where he now has funds tied up which are unusable for him.

Maybe it is not unreasonable for the book since they are able to hold the players funds for several weeks earning interest on the players funds.

If they will not allow him to bet more than $1 and will not allow him to take his funds out the book should at the very least reimburse the player for the 2% interest he could be earning on his money if it were in a bank for every day they hold his money.

Totally agree.
Very surprised at Lou's response on that issue.
I'd be pretty sure that this is one of those books which are inadequately funded and reliant on player money to meet their operating costs and payouts. I'd certainly recommend all to avoid them.

beerman2619 · 12-27-10, 03:49 PM

damn that sucks tough break man.

jayc88 · 12-27-10, 03:55 PM

Originally posted by Hareeba!

Lou is correct but when a book effectively says they don't want your business any more such as this they should be prepared to pay out your full balance immediately. Simply unfair to make you wait to use your bankroll elsewhere.

so true
sia payed me my entire balance immediatly after they had checked my documents ,
ive thought that i had to wait another few weeks because of their 2500 limit on neteller withdrawals but they paid the entire balance in one sum .
thats how sportsbooks should handle any kind of situations like this but i'm pretty sure that beted isnt nearly as good as sia , but as long as you get your money it should still be fine.

spargament · 12-27-10, 04:00 PM

I feel for you dude. It sounds like you're in the right place and have people here that'll continue to point you in the right direction. Don't be a doormat on this one, especially since we're not talking some few hundred dollars, its thousands. BoL

illmatick · 12-27-10, 04:03 PM

rec. book, would be surprised if they didn't pay you.

Justin7 · 12-27-10, 04:13 PM

Originally posted by sharpcat

This is unreasonable Lou if you look from the players angle where he now has funds tied up which are unusable for him.

Maybe it is not unreasonable for the book since they are able to hold the players funds for several weeks earning interest on the players funds.

If they will not allow him to bet more than $1 and will not allow him to take his funds out the book should at the very least reimburse the player for the 2% interest he could be earning on his money if it were in a bank for every day they hold his money.

3k a week for a rec-book? You realize, paying out 12.5k might "strain" them.

There are many things I might dislike about BedEd... but this doesn't make the list.

goblue12 · 12-27-10, 04:19 PM

Originally posted by Ralphie1412

I cant even imagine sending beted 2500 bucks. I wouldnt even feel like I had real action on a game while I was watching it.

Your loss.

Second easiest book to beat in the industry.

Dirty Sanchez · 12-27-10, 04:20 PM

Originally posted by aldeniro09

Im a little PISSED right now, well actually not a little alot!!!... i recently deposited a total of approx 2500 dollars via ** a couple weeks ago and ran my balance to a modest 12,500. I logged on to the comp this morning to a message saying "per the decision of management, your account has been limited for any further sportsbook wagering to a maximum of $1. The decision is final. Sportsbook dept. BetEd which is pretty much telling me my account is blocked seeing as i generally dont make bets under $750. Ive requested 2 withdraws for 1500 each because of their incredibly stupid limit of 3000 maximum per week. BUT NOW I AM VERY VERY NERVOUS !!!! I WANT MY MONEY. SOMEBODY PLEASE HELP!!!!!!!!!!!! Stephen B

This Fantasy brought to you by "SBRodds.com...that's SBRodds.com"

spargament · 12-27-10, 04:23 PM

only other ontopic advice; in the future, don't deposit non rec amounts in rec books, as the extremely sharp Justin has pointed out, being the one of the 'bigger' fish in a rec book can be a precarious position to be in as they're using some of your money to pay of five guys with rolls one fifth the size of yours because relative to the average player there your roll isn't recreational (at least not by my definition, if i read like 1512.5k correctly itt)

Hareeba! · 12-27-10, 04:30 PM

Originally posted by Justin7

3k a week for a rec-book? You realize, paying out 12.5k might "strain" them.

There are many things I might dislike about BedEd... but this doesn't make the list.

Well it should be loudly ringing alarm bells for you.

What you are saying is that they don't have the player's funds on hand available to pay him out and that's okay?

Well it is far from okay in my view.

It very likely means they have spent the player's (and others') funds on operational expenses.

i.e. they are insolvent

when the music stops there won't be enough chairs

Peeig · 12-27-10, 04:32 PM

You'll get paid......surprised they let you win that much from them before give you the $1 treatment

milwaukee mike · 12-27-10, 04:36 PM

it is never acceptable to make someone wait 60 days to be paid ($12500 at maximum $850 every 4 days)
also will you be out $50 ** each time which is pretty much throwing away $750?

lyon804 · 12-27-10, 04:43 PM

Originally posted by Justin7

3k a week for a rec-book? You realize, paying out 12.5k might "strain" them.

There are many things I might dislike about BedEd... but this doesn't make the list.

It might strain them but they owe the money and thus should pay up immediately. Many "rec" players have went on runs like this in the past. Sometimes "rec" players go on a bad run also. The books are the kings but any one player that runs well is a threat and the books know this by now I assume.

RiverRaid · 12-27-10, 04:48 PM

Nice score. You will be paid.

Santo · 12-27-10, 04:51 PM

It's also not $3k/week, the player is saying it's $850/4 days, which with weekends probably means closer to $3k/month.

RiverRaid · 12-27-10, 04:53 PM

Also it clearly states under payouts that its $850 a week for ** and $3000 a week for all other payout options.

Not saying its right but you don't even have to sign in to go to payouts and read the rules.

tblues2005 · 12-27-10, 05:05 PM

That is why sure do not want to do any business with these clowns when they dump you for having a run. I call this sad! I hope you get your funds and never go back with them ever again. Take your business elsewhere with an A book and you will be fine.

SBR_John · 12-27-10, 05:12 PM

Originally posted by aldeniro09

so now beted had just told me that my account hasnt been capped to a 1$ maximum however my NBA wager has been. And my withdraws i requested via instant check, im now being told they are not able to process them because i didnt make my deposit using instant check. I deposited using ** and am being told now that i can only request 850$ every 4 days. Well at 12,500 thats going to take awhile..... This is BULLSHIT!!!! everything about it....im just thinking what next?????

Welcome to SBR.

Unfortunately you deposited at kind of a crappy book. If you lost well I guess it doesn't where you deposit. But if you go on a role you want a book that will fire out your balance and be glad for you. BetEd is not that place. If you are sharp and think you might be able to make a big score then only play with the A+ rated books.

aldeniro09 · 12-27-10, 05:29 PM

i want to thank everyone on here for their advice and opinions. Im currently waiting on my 850$ every 4 days via ** that i can pick up at the post office. Im just hoping there are NO more surprises!!! Thank you all...i will keep you posted! aldeniro