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

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  • DIXONBETS
    SBR Rookie
    • 05-31-11
    • 19

    #106
    Dang! I wish they would just do something!
    Comment
    • pokerplayer22
      SBR MVP
      • 05-09-09
      • 1207

      #107
      Originally posted by DIXONBETS
      Dang! I wish they would just do something!
      Agree...it seems like beted is the ones that are turning down any bailout offer, thus screwing everyone over yet again.
      Comment
      • shari91
        BARRELED IN @ SBR!
        • 02-23-10
        • 32661

        #108
        Originally posted by DIXONBETS
        Dang! I wish they would just do something!
        My fingers are crossed for you guys and every time I log on this is one of the first threads I check hoping that there's some good news in here. But to be honest, I just have a bad feeling for some reason. I truly hope I'm wrong and I'm just being too cynical but the fact that there hasn't been a response yet leaves me feeling uneasy. Then again, maybe these things take longer than I assume they do and I'm just being naive expecting that a book would've jumped at this offer by now. Let's hope tomorrow brings some good news for all of you.
        Comment
        • pokerplayer22
          SBR MVP
          • 05-09-09
          • 1207

          #109
          Originally posted by shari91
          My fingers are crossed for you guys and every time I log on this is one of the first threads I check hoping that there's some good news in here. But to be honest, I just have a bad feeling for some reason. I truly hope I'm wrong and I'm just being too cynical but the fact that there hasn't been a response yet leaves me feeling uneasy. Then again, maybe these things take longer than I assume they do and I'm just being naive expecting that a book would've jumped at this offer by now. Let's hope tomorrow brings some good news for all of you.
          From reading some of the threads across the street, it is possible that there could be more than one offer on the table and that could be the part that is taking a while. At least i hope thats the case. I find it almost impossible to believe that beted wouldnt allow another book to bail their asses out so at least their customers get paid.

          Also, i thought i read this somewhere....but Shari, do you know if covers owns any part of beted or are related to them in any way, other than just advertsing for them??? Maybe covers is looking to make a few bucks at everyones expense
          Comment
          • LostBankroll
            Restricted User
            • 02-10-10
            • 4538

            #110
            You wont get a fukkin dime back guys please go post up at 5dimes and quit whining!!!
            Comment
            • shari91
              BARRELED IN @ SBR!
              • 02-23-10
              • 32661

              #111
              Originally posted by pokerplayer22
              Also, i thought i read this somewhere....but Shari, do you know if covers owns any part of beted or are related to them in any way, other than just advertsing for them??? Maybe covers is looking to make a few bucks at everyones expense
              Not that I'd heard of other than BetEd being an advertiser but I'll do some looking around and see if there's anything online about it.
              Comment
              • stats13
                SBR MVP
                • 06-29-09
                • 1687

                #112
                I was mad at BETED before, but if they don't take one of these offers, i might chase them down and get mideval on their ass
                Comment
                • thetrinity
                  SBR Posting Legend
                  • 01-25-11
                  • 22430

                  #113
                  we gota give it a bit of time at least, too early to panic or go ape shit. just sit tight. its in everyones best interest this gets done.
                  Comment
                  • Legions36
                    SBR MVP
                    • 12-17-10
                    • 3032

                    #114
                    Originally posted by LostBankroll
                    You wont get a fukkin dime back guys please go post up at 5dimes and quit whining!!!
                    Damn people lost $ cause of some other idiots and this is how u talk to them, so cold.
                    Comment
                    • jay777
                      SBR High Roller
                      • 05-31-11
                      • 109

                      #115
                      I feel bad for their customers but hears the reality of it. They grabbed the biggest duffle bag they could find, stuffed it so fat, they can't zip the $hit up and are peddling as fast as they could. It's almost like dealing with a chick, if they were interested in any productive the customers would've of heard something, anything out of their camp. That's my opinion anyway.
                      Comment
                      • Legions36
                        SBR MVP
                        • 12-17-10
                        • 3032

                        #116
                        Oh almost forgot i read an article and guess what the cops are doing with this seized money in Maryland, they have awarded 450k to some county police department to buy new undercover cars. Not to mention there holding a big check like they hit the lotto with big smiles a bunch of thieves if u ask me, instead of paying off some debt they need new cars hahahahaha.
                        Comment
                        • SBR_John
                          SBR Posting Legend
                          • 07-12-05
                          • 16471

                          #117
                          Time is the enemy of these deals. The acquiring book begins to wonder if the database has been altered, seeded with bogus accounts or copied. Or all three. We all have our fingers crossed this deal will not fall through but every day that goes by lessens the chances.
                          Comment
                          • jay777
                            SBR High Roller
                            • 05-31-11
                            • 109

                            #118
                            .... And by them I mean the Feds... Is that even legal. So they seized assets from what they claim is an illegal operation but legal in the country of origin then proceed to STEAL it. I have one question, why didn't you hear anything like that happen on black Friday?
                            Comment
                            • stats13
                              SBR MVP
                              • 06-29-09
                              • 1687

                              #119
                              could a book get in trouble with the feds for giving money to beted? is that some kind of accomplice behavior or something?

                              I mean, if my neighbor was getting indicted for something, i don't think i'd be comfortable handing him cash to defend himself or something.
                              Comment
                              • thetrinity
                                SBR Posting Legend
                                • 01-25-11
                                • 22430

                                #120
                                Originally posted by Legions36
                                Oh almost forgot i read an article and guess what the cops are doing with this seized money in Maryland, they have awarded 450k to some county police department to buy new undercover cars. Not to mention there holding a big check like they hit the lotto with big smiles a bunch of thieves if u ask me, instead of paying off some debt they need new cars hahahahaha.
                                at least our money was well spent, will make me sleep easy at night
                                Comment
                                • pokerplayer22
                                  SBR MVP
                                  • 05-09-09
                                  • 1207

                                  #121
                                  Originally posted by SBR_John
                                  Time is the enemy of these deals. The acquiring book begins to wonder if the database has been altered, seeded with bogus accounts or copied. Or all three. We all have our fingers crossed this deal will not fall through but every day that goes by lessens the chances.
                                  John...do you know why beted is not accepting the deal? What more could they want? It would seem like it would be enough for another book to come in and bail their asses out.
                                  Comment
                                  • shari91
                                    BARRELED IN @ SBR!
                                    • 02-23-10
                                    • 32661

                                    #122
                                    Originally posted by SBR_John
                                    Time is the enemy of these deals. The acquiring book begins to wonder if the database has been altered, seeded with bogus accounts or copied. Or all three. We all have our fingers crossed this deal will not fall through but every day that goes by lessens the chances.
                                    See this is what I was afraid of. I hadn't thought of the bogus accounts but more of the bailout book worrying about tampering with the database or BetEd taking a copy of their own before turning it over.

                                    COME ON BETED AND ACCEPT THE BLOODY BAILOUT OFFER! TODAY IS THE 8TH DAY
                                    Comment
                                    • Domer
                                      SBR MVP
                                      • 01-21-10
                                      • 1046

                                      #123
                                      What a wave of emotions. I go from seeing the book is dead and writing off a chunk of money (almost 10k) and then I see this post and I'm thinking........WWTS + Bodog all over again. In my opinion, WWTS + Bodog worked out phenomenally for both parties. WWTS players thought their balances were gonzo, but at the end of the day, both parties could hold their heads up high after that deal was done...EVERYONE benefited, including the players (who had their full balances transferred). If you are involved with BedEd, I would IMPLORE YOU to jump at this opportunity.
                                      Comment
                                      • pokerplayer22
                                        SBR MVP
                                        • 05-09-09
                                        • 1207

                                        #124
                                        Its amazing the arrogance of beted not to jump at any deal that would take care of their customers since they have closed up shop
                                        Comment
                                        • acarmelo1
                                          SBR Hall of Famer
                                          • 09-29-09
                                          • 6321

                                          #125
                                          Crossing fingers for Bet Ed customers!!
                                          Comment
                                          • mtneer1212
                                            SBR MVP
                                            • 06-22-08
                                            • 4993

                                            #126
                                            Originally posted by jay777
                                            .... And by them I mean the Feds... Is that even legal. So they seized assets from what they claim is an illegal operation but legal in the country of origin then proceed to STEAL it. I have one question, why didn't you hear anything like that happen on black Friday?
                                            If it was an American bank, and the business was being conducted in America, then yes, The Feds can seize it.
                                            Comment
                                            • beyond
                                              SBR Sharp
                                              • 12-16-09
                                              • 293

                                              #127
                                              Hope we heard something tonight
                                              Comment
                                              • Betallsports
                                                SBR Hustler
                                                • 06-21-08
                                                • 59

                                                #128
                                                Originally posted by SBR_John
                                                Time is the enemy of these deals. The acquiring book begins to wonder if the database has been altered, seeded with bogus accounts or copied. Or all three. We all have our fingers crossed this deal will not fall through but every day that goes by lessens the chances.

                                                I Hope you don't mind me commenting here. As we are on the same side on this one....

                                                Will agree here that Time is going to Kill this deal, and the fact that I heard that the "Boys" from Covers are down in CR trying to work a Deal ( not the same Book as John is talking about )

                                                I feel that now that it has been a little over a week since the First offer has been on the Table. Too many People have their hands in the Cookie jar.

                                                The First offer was a Slam Dunk and Sweetheart Deal. There should have been NO reason not to take it.
                                                BetEd is dragging their feet and I have a feeling that someone is trying to help sabotage this Deal.
                                                Comment
                                                • acarmelo1
                                                  SBR Hall of Famer
                                                  • 09-29-09
                                                  • 6321

                                                  #129
                                                  So COvers is fukking it for all the BetED players?
                                                  Comment
                                                  • SBR_John
                                                    SBR Posting Legend
                                                    • 07-12-05
                                                    • 16471

                                                    #130
                                                    Originally posted by Betallsports
                                                    I Hope you don't mind me commenting here. As we are on the same side on this one....

                                                    Will agree here that Time is going to Kill this deal, and the fact that I heard that the "Boys" from Covers are down in CR trying to work a Deal ( not the same Book as John is talking about )

                                                    I feel that now that it has been a little over a week since the First offer has been on the Table. Too many People have their hands in the Cookie jar.

                                                    The First offer was a Slam Dunk and Sweetheart Deal. There should have been NO reason not to take it.
                                                    BetEd is dragging their feet and I have a feeling that someone is trying to help sabotage this Deal.
                                                    In the 10 years we have been doing these deals i've never seen a book refuse and partner up with a promoter to shop the deal around.

                                                    Just so folks understand the book that has offered to make good on BetEd's debt would be on the hook for whatever BetEd owes lets say its $2 million. Its like a bank taking everyone's money and selling the bank for what is suppose to be on deposit.

                                                    I can only assume that in some way BetEd is partnered with a promoter and they want to up sell the deal so they are playing that angle. The danger is the A rated book starts to figure out they are dealing with greedy slimeball type guys and they sour on the deal. BetEd players are then stuck with an SBG Global or nothing at all.

                                                    The initial offer should have been quickly accepted that way the acquiring book would not have the ability to reconsider.
                                                    Comment
                                                    • DIXONBETS
                                                      SBR Rookie
                                                      • 05-31-11
                                                      • 19

                                                      #131
                                                      I have a good feeling about this, I feel they are working out a better deal with another book.
                                                      Comment
                                                      • thisisit
                                                        SBR Wise Guy
                                                        • 08-01-10
                                                        • 733

                                                        #132
                                                        Beted will do the wrong thing as they always have the players are screwed. Sorry fellas
                                                        Comment
                                                        • DIXONBETS
                                                          SBR Rookie
                                                          • 05-31-11
                                                          • 19

                                                          #133
                                                          They will come thru with a plan
                                                          Comment
                                                          • alling
                                                            SBR MVP
                                                            • 05-13-10
                                                            • 1405

                                                            #134
                                                            An A+ book plus offered a bailout, Beted didnt jump on it and then a third party is trying to broker a deal with a low rated book? Something smells rotten in Denmark.
                                                            Comment
                                                            • pokerplayer22
                                                              SBR MVP
                                                              • 05-09-09
                                                              • 1207

                                                              #135
                                                              Originally posted by DIXONBETS
                                                              I have a good feeling about this, I feel they are working out a better deal with another book.
                                                              Hope your right Dixon but I actually have a bad feeling about this. It sounds like sbr came up with a great deal with an A+ rated book and covers is fuking everything up. Im not sure how, but i think covers is connected to beted, more so than just advertising for them.
                                                              Comment
                                                              • Legions36
                                                                SBR MVP
                                                                • 12-17-10
                                                                • 3032

                                                                #136
                                                                Originally posted by pokerplayer22
                                                                Hope your right Dixon but I actually have a bad feeling about this. It sounds like sbr came up with a great deal with an A+ rated book and covers is fuking everything up. Im not sure how, but i think covers is connected to beted, more so than just advertising for them.
                                                                They are just trying to get more those scumbags, a deal will obviously be made just to who is what we hope for. I hope that the good book deals it out.
                                                                Comment
                                                                • dark star
                                                                  SBR MVP
                                                                  • 01-04-09
                                                                  • 3900

                                                                  #137
                                                                  I'm hoping that everything works out for you guys.I just really hate these scumbags-especially if they refused Legendz for SBG or something like that.BOL Guys
                                                                  Comment
                                                                  • Iwinyourmoney
                                                                    SBR Posting Legend
                                                                    • 04-18-07
                                                                    • 18368

                                                                    #138
                                                                    Lol at covers:


                                                                    #12Posted: 6/1/2011 1:57:33 PM
                                                                    QUOTE Originally Posted by Lou:

                                                                    FYI - Freedom is heading to CR tomorrow to discuss this shit in person with teams involved in any bailout. The difference between what Freedom is doing and what SBR is claiming is that he is actually making a difference while those clowns are just stirring the pot to score a few points while they still can.
                                                                    Comment
                                                                    • pokerplayer22
                                                                      SBR MVP
                                                                      • 05-09-09
                                                                      • 1207

                                                                      #139
                                                                      Originally posted by Iwinyourmoney
                                                                      Lol at covers:


                                                                      #12Posted: 6/1/2011 1:57:33 PM
                                                                      QUOTE Originally Posted by Lou:

                                                                      FYI - Freedom is heading to CR tomorrow to discuss this shit in person with teams involved in any bailout. The difference between what Freedom is doing and what SBR is claiming is that he is actually making a difference while those clowns are just stirring the pot to score a few points while they still can.
                                                                      Lol..Its funny covers calling others clowns when it is looking like Lou and Freedom are this biggest clowns on any forum anywhere. Notice freedom supposedly went to discuss this with them 2 days ago and we havnt heard shit since. What a joke they are turning out to be.
                                                                      Comment
                                                                      • VegasVixen
                                                                        SBR Wise Guy
                                                                        • 09-03-10
                                                                        • 991

                                                                        #140
                                                                        I'm hopeful for all the players involved that this one works out for you...
                                                                        Comment
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