Full BetEd bailout offer made from top book...ball is in their court

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  • pokerplayer22
    SBR MVP
    • 05-09-09
    • 1207

    #71
    Originally posted by HOTSTREAK11
    I have a bit of a problem. i have over 15 dimes tied up in beted. how am i suppose to do a 15x or 20x rollover??
    Isnt it better than getting nothing...which is the alternative.
    Comment
    • thetrinity
      SBR Posting Legend
      • 01-25-11
      • 22430

      #72
      Originally posted by durito
      Bailouts are for the players that got stiffed, beted´s motivation should be to not be complete ******* scumbags.
      this to, but beted also has something in a bailout, foolish to think t hey dont.
      Comment
      • thetrinity
        SBR Posting Legend
        • 01-25-11
        • 22430

        #73
        Originally posted by HOTSTREAK11
        I have a bit of a problem. i have over 15 dimes tied up in beted. how am i suppose to do a 15x or 20x rollover??
        id gleefully take my balance back with any rollover. lets worry about that first.

        almost like winning a ferrari and complaining cuz u cant drive a stick.
        Comment
        • durito
          SBR Posting Legend
          • 07-03-06
          • 13173

          #74
          Originally posted by Tomato
          Clients who haven't been booted from there are lifetime losers who will give an investor at least 4X ROI.
          I am a lifetime loser at betd.
          Comment
          • Justin7
            SBR Hall of Famer
            • 07-31-06
            • 8577

            #75
            Originally posted by durito
            I am a lifetime loser at betd.
            Same here... although I've only placed one bet there.
            Comment
            • Bill Dozer
              www.twitter.com/BillDozer
              • 07-12-05
              • 10894

              #76
              Some details of the bailout...10% would be available each month as long as the balance was rolled over 1x. It's essentially a 10x rollover with the money being available in 10 pieces and after 1x rollover for each piece. No deposit. w/d fees would apply.

              If players happen to already bet at this book or want bigger action anyway, they can match their balance with a deposit and have their funds anytime after 10x rollover. It's essentially a no limit 100% bonus with 10x play-through.
              Comment
              • WVU
                SBR Sharp
                • 02-01-08
                • 417

                #77
                sounds like a good offer to me.
                Comment
                • durito
                  SBR Posting Legend
                  • 07-03-06
                  • 13173

                  #78
                  Originally posted by Bill Dozer
                  Some details of the bailout...10% would be available each month as long as the balance was rolled over 1x. It's essentially a 10x rollover with the money being available in 10 pieces and after 1x rollover for each piece. No deposit. w/d fees would apply.
                  Doesn´t that make it a 1x rollover not 10 or am I missing something?
                  Comment
                  • thetrinity
                    SBR Posting Legend
                    • 01-25-11
                    • 22430

                    #79
                    thanks for the update bill. on a scale of 1-10, with 10 being a done deal, how close is this to happening?

                    also, youre saying if i have a 500 balance and chose not to deposit as long as i bet at least 500 a month, i can have that 500 available for cashing out after 10 months,

                    but, if i choose to deposit another 500, i could have the whole balance available after 10k has been rolled over?
                    Comment
                    • thetrinity
                      SBR Posting Legend
                      • 01-25-11
                      • 22430

                      #80
                      Originally posted by durito
                      Doesn´t that make it a 1x rollover not 10 or am I missing something?
                      u have to roll it over 10 times though. if you have 100 bucks, they give you 10 bucks per month for 10 months. kinda like a poker type bonus.
                      Comment
                      • pokerplayer22
                        SBR MVP
                        • 05-09-09
                        • 1207

                        #81
                        Originally posted by durito
                        Doesn´t that make it a 1x rollover not 10 or am I missing something?
                        Agreed..It would still be a total of a 1x rollover...just given in increments.
                        Comment
                        • Legions36
                          SBR MVP
                          • 12-17-10
                          • 3032

                          #82
                          Sh-it i would just deposit to get my doe fast and if there giving a 100% as much then i would deposit the max. Everyone else getting $ from there should give them action at some point cause of there nice jesture.
                          Comment
                          • thetrinity
                            SBR Posting Legend
                            • 01-25-11
                            • 22430

                            #83
                            deal makes sense IMO. they are giving you a chance to get back lost money while getting you accustomed to using their site and making you put up some of your own dough if you want your money quicker then in 10 months.
                            Comment
                            • Legions36
                              SBR MVP
                              • 12-17-10
                              • 3032

                              #84
                              Originally posted by thetrinity
                              deal makes sense IMO. they are giving you a chance to get back lost money while getting you accustomed to using their site and making you put up some of your own dough if you want your money quicker then in 10 months.
                              I got no problem with that at all and i would rather not wait i like to have my doe in motion and not on credit for 10 months.
                              Comment
                              • Bill Dozer
                                www.twitter.com/BillDozer
                                • 07-12-05
                                • 10894

                                #85
                                If you had $500 and you wager $500, you can now withdraw $50 in month one. That is your 1x roll. Rinse and repeat.

                                After 10 months if you never opted to take a withdrawal, 100% of the money would be yours as it would be now if it was at BetEd.com
                                Comment
                                • thetrinity
                                  SBR Posting Legend
                                  • 01-25-11
                                  • 22430

                                  #86
                                  Originally posted by Bill Dozer
                                  If you had $500 and you wager $500, you can now withdraw $50 in month one. That is your 1x roll. Rinse and repeat. After 10 months if you never opted to take a withdrawal, 100% of the money would be yours as it would be now if it was at BetEd.com
                                  thanks that was my understanding. if you decide to match your 500 and have 1000 then you would been eligible to cash out after you have made 10k in bets, doesnt matter if it was a week month day whatever.
                                  Comment
                                  • thetrinity
                                    SBR Posting Legend
                                    • 01-25-11
                                    • 22430

                                    #87
                                    Originally posted by Legions36
                                    I got no problem with that at all and i would rather not wait i like to have my doe in motion and not on credit for 10 months.
                                    i got no problem matching what i got either as long as this is a big name book, i suspect its one of the top 5 on here.
                                    Comment
                                    • Bill Dozer
                                      www.twitter.com/BillDozer
                                      • 07-12-05
                                      • 10894

                                      #88
                                      Originally posted by thetrinity
                                      thanks that was my understanding. if you decide to match your 500 and have 1000 then you would been eligible to cash out after you have made 10k in bets, doesnt matter if it was a week month day whatever.
                                      Right.
                                      Comment
                                      • Legions36
                                        SBR MVP
                                        • 12-17-10
                                        • 3032

                                        #89
                                        Originally posted by thetrinity
                                        i got no problem matching what i got either as long as this is a big name book, i suspect its one of the top 5 on here.
                                        It is a top book i think greek so why not give them action and the way i look at things is if i have the $ right here now in play than not in play in limbo then i can make more $ just my way of thinking.
                                        Comment
                                        • Ballpark
                                          SBR High Roller
                                          • 08-19-06
                                          • 174

                                          #90
                                          Bill,

                                          Will the bailout book take all BetED customers regardless of U.S or non-US?
                                          Also, will it matter if the customer is already a winning customer at the bailout book?
                                          Comment
                                          • thetrinity
                                            SBR Posting Legend
                                            • 01-25-11
                                            • 22430

                                            #91
                                            agree completely legion. wish bill would say how close this is to becoming a reality, my guess is fairly close if hes willing to give out terms like that. i understand he doesnt want to get peoples hopes up to on the same hand and see nothing happen.
                                            Comment
                                            • Bill Dozer
                                              www.twitter.com/BillDozer
                                              • 07-12-05
                                              • 10894

                                              #92
                                              Originally posted by Ballpark
                                              Bill,

                                              Will the bailout book take all BetED customers regardless of U.S or non-US?
                                              Also, will it matter if the customer is already a winning customer at the bailout book?
                                              Yes, no picking and choosing in a true bailout.
                                              Comment
                                              • Bill Dozer
                                                www.twitter.com/BillDozer
                                                • 07-12-05
                                                • 10894

                                                #93
                                                Originally posted by thetrinity
                                                agree completely legion. wish bill would say how close this is to becoming a reality, my guess is fairly close if hes willing to give out terms like that. i understand he doesnt want to get peoples hopes up to on the same hand and see nothing happen.
                                                All we know is BetEd has received this offer and it is still on the table and they haven't replied to the offer. BetEd is not communicating to players or those offering a lifeline. Iv'e seen some folks get upset, call us names and try to say this is hurtful to the process.

                                                There is no reason the offer shouldn't be public knowledge and no reason players shouldn't get this offer or one equal or better...Don't know what will happen but we should all hear about activity in the next few days.
                                                Comment
                                                • Thremp
                                                  SBR MVP
                                                  • 07-23-07
                                                  • 2067

                                                  #94
                                                  I view this offer like condoms. While vile and unsavory, the other option is infinitely worse.
                                                  Comment
                                                  • Stallion
                                                    SBR MVP
                                                    • 03-21-10
                                                    • 3617

                                                    #95
                                                    What sportsbook is it??
                                                    Comment
                                                    • JohnGalt2341
                                                      SBR Hall of Famer
                                                      • 12-31-09
                                                      • 9138

                                                      #96
                                                      Originally posted by Ballpark
                                                      Bill, Will the bailout book take all BetED customers regardless of U.S or non-US? Also, will it matter if the customer is already a winning customer at the bailout book?
                                                      I'm assuming there is zero chance of it being a book that doesn't already take US customers. But if it is... how great would it be if it was Pinnacle?? This would be the best thing that ever happened to any BetEd customer.
                                                      Comment
                                                      • lukahh
                                                        SBR Wise Guy
                                                        • 04-08-10
                                                        • 941

                                                        #97
                                                        Originally posted by JohnGalt2341
                                                        I'm assuming there is zero chance of it being a book that doesn't already take US customers. But if it is... how great would it be if it was Pinnacle?? This would be the best thing that ever happened to any BetEd customer.
                                                        not pinny.
                                                        rollover requirements remind me of 5dimes
                                                        Comment
                                                        • dikefale
                                                          SBR MVP
                                                          • 09-20-10
                                                          • 1017

                                                          #98
                                                          If this workout,great effort SBR!
                                                          Comment
                                                          • SBR_John
                                                            SBR Posting Legend
                                                            • 07-12-05
                                                            • 16471

                                                            #99
                                                            I was shocked to read Covers about BetEd. I've never seen a forum try to dispel a generous bailout offer and then actually have the gall to say SBR is interfering. Interfering in what? When did arranging a bailout for a closed down book become interfering???? Maybe Covers is trying to save a piece of the BetEd player future income for their own. I can only speculate why they would not want SBR or anyone else in the free world to help them arrange a bailout, and the scope of that speculation is pretty narrow. They either have a better deal or they want to be cut in. Would be a shame if the deals fall through because vultures were trying to pick the bones clean.
                                                            Comment
                                                            • pokerplayer22
                                                              SBR MVP
                                                              • 05-09-09
                                                              • 1207

                                                              #100
                                                              Originally posted by SBR_John
                                                              I was shocked to read Covers about BetEd. I've never seen a forum try to dispel a generous bailout offer and then actually have the gall to say SBR is interfering. Interfering in what? When did arranging a bailout for a closed down book become interfering???? Maybe Covers is trying to save a piece of the BetEd player future income for their own. I can only speculate why they would not want SBR or anyone else in the free world to help them arrange a bailout, and the scope of that speculation is pretty narrow. They either have a better deal or they want to be cut in. Would be a shame if the deals fall through because vultures were trying to pick the bones clean.
                                                              Knowing covers, that sounds about par for the course.
                                                              Comment
                                                              • Birre
                                                                SBR High Roller
                                                                • 08-12-10
                                                                • 225

                                                                #101
                                                                What if you had a pending bonus? What would happen with that?
                                                                Comment
                                                                • Bill Dozer
                                                                  www.twitter.com/BillDozer
                                                                  • 07-12-05
                                                                  • 10894

                                                                  #102
                                                                  The bonus makes up a good chunk of BetEd balances with a lot of players deep into them. In this bailout, it was to be included.
                                                                  Comment
                                                                  • Birre
                                                                    SBR High Roller
                                                                    • 08-12-10
                                                                    • 225

                                                                    #103
                                                                    Nice, can't wait
                                                                    Comment
                                                                    • katstale
                                                                      SBR MVP
                                                                      • 02-07-07
                                                                      • 3924

                                                                      #104
                                                                      Wish this book would go to Lenny and make an offer. Cascade players would jump all over this chance.
                                                                      Comment
                                                                      • goblue12
                                                                        SBR MVP
                                                                        • 02-08-09
                                                                        • 1316

                                                                        #105
                                                                        They didn't even let me place 100 bets before limiting me to $1.
                                                                        Comment
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