My final Creditwagering thread

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  • purecarnagge
    SBR MVP
    • 10-05-07
    • 4843

    #71
    Originally posted by pokernut9999
    Guess you guys have not noticed interest rates lately. No one is making much at any bank.
    I'm getting 6% and I don't even have 100k with them.

    If your going to give a bank 1 million its not like you get the posted rate...you can negotiate a deal. Its done daily.
    Comment
    • pokernut9999
      SBR Posting Legend
      • 07-25-07
      • 12757

      #72
      Originally posted by purecarnagge
      I'm getting 6% and I don't even have 100k with them.

      If your going to give a bank 1 million its not like you get the posted rate...you can negotiate a deal. Its done daily.
      The national average is 3.77% and the highest advertised is 4.0%
      Comment
      • SBR_John
        SBR Posting Legend
        • 07-12-05
        • 16471

        #73
        Originally posted by picantel
        They are actually run by 5 guys and they are quite familiar with you John and the other SBR owners, ect.
        Thats what they say anyway. Time will tell I guess. SBR has met 100's of books in a dozen countries in the last 8 years. In that time the only books that did not want to come clean and let us question their plans and evaluate their business in person all failed.

        I have heard through the grapevine that we will likely have a chance to meet these guys and ask some tough questions like the ones in this thread. Stay tuned. We have tried before and we remain open to meet anywhere they want.

        If they are in CR we are just minutes away and everyone knows our phone number and where we are.
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388179

          #74
          Still very few complaints on credit wagering which is unreal but a long way to go.
          Comment
          • shifer
            SBR High Roller
            • 05-19-08
            • 216

            #75
            Originally posted by SBR_John

            If they are in CR we are just minutes away and everyone knows our phone number and where we are.
            Its amazing with all your network that you are not able to find out if they are in CR or not..
            Comment
            • SBR_John
              SBR Posting Legend
              • 07-12-05
              • 16471

              #76
              They were not even on our radar until recently. I'm pretty sure we will ramp up our knowledge base fairly quickly on them now. I think it would be good for them too. Players get nervous when books are not where they say they are and nothing is as it seems.
              Comment
              • pavyracer
                SBR Aristocracy
                • 04-12-07
                • 82863

                #77
                Originally posted by SBR_John
                They were not even on our radar until recently. I'm pretty sure we will ramp up our knowledge base fairly quickly on them now. I think it would be good for them too. Players get nervous when books are not where they say they are and nothing is as it seems.
                John,

                They are not in San Jose, Costa Rica. They will not provide me with their address when I requested. This is a serious federal offense. I have the best in the business looking at them right now. I'll provide details as I uncover what's up with this book. Something smells fishy.
                Comment
                • SBR_John
                  SBR Posting Legend
                  • 07-12-05
                  • 16471

                  #78
                  If you find something out about them would you mind PM'ing it to me first before posting it? I think we can get the players all the info on them in a way that is acceptable to all. Players deserve the info but its better if the book participates in the process.
                  Comment
                  • jjgold
                    SBR Aristocracy
                    • 07-20-05
                    • 388179

                    #79
                    Some say they are run out of NJ
                    Comment
                    • Brady2Moss
                      SBR MVP
                      • 07-02-08
                      • 1500

                      #80
                      Im not a computer whiz, but isnt there a way of tracking the location of the IP from their server? or something like that?
                      Comment
                      • pimike
                        BARRELED IN @ SBR!
                        • 03-23-08
                        • 37140

                        #81
                        Originally posted by SBR_John
                        If you find something out about them would you mind PM'ing it to me first before posting it? I think we can get the players all the info on them in a way that is acceptable to all. Players deserve the info but its better if the book participates in the process.
                        I would John but my pm's are missing.\

                        Comment
                        • SBR_John
                          SBR Posting Legend
                          • 07-12-05
                          • 16471

                          #82
                          Pi, dont know anything about your PM's. Just trying to hold on to mine.

                          Brady2, we know exactly where their server is, its in Costa Rica.

                          We dont go chasing new books for information. We contact them and ask if we can question them and see their facility and get some references. I believe at first they prefered to lay low. Besides these threads we are not actively pursuing information on them because we don't have any complaints. Hopefully it stays that way.
                          Comment
                          • pavyracer
                            SBR Aristocracy
                            • 04-12-07
                            • 82863

                            #83
                            Are the debit cards issued from a US Bank? I can have the Feds do a check through the classified database and get a hold of who authorizes the debit cards. I have access to the director of homeland security for the Southeast.
                            Comment
                            • SBR Lou
                              BARRELED IN @ SBR!
                              • 08-02-07
                              • 37863

                              #84
                              Originally posted by pavyracer
                              I can have the Feds do a check through the classified database and get a hold of who authorizes the debit cards.
                              I doubt anyone with the debit card would provide that information. Why would they?
                              Comment
                              • pimike
                                BARRELED IN @ SBR!
                                • 03-23-08
                                • 37140

                                #85
                                Originally posted by pavyracer
                                Are the debit cards issued from a US Bank? I can have the Feds do a check through the classified database and get a hold of who authorizes the debit cards. I have access to the director of homeland security for the Southeast.
                                Comment
                                • pavyracer
                                  SBR Aristocracy
                                  • 04-12-07
                                  • 82863

                                  #86
                                  Originally posted by crazyl
                                  I doubt anyone with the debit card would provide that information. Why would they?
                                  It won't be necessary. I'm expecting one soon. The truth will come out. All we need to know is if they are operating from the US which is illegal.
                                  Comment
                                  • pavyracer
                                    SBR Aristocracy
                                    • 04-12-07
                                    • 82863

                                    #87
                                    Originally posted by pimike
                                    Don't laugh pimike. We are best buddies with the director. Anyone that knows me knows I'm serious.
                                    Comment
                                    • pimike
                                      BARRELED IN @ SBR!
                                      • 03-23-08
                                      • 37140

                                      #88
                                      Originally posted by pavyracer
                                      It won't be necessary. I'm expecting one soon. The truth will come out. All we need to know is if they are operating from the US which is illegal.
                                      Unfortunetly so is gambling on line, so what is it that bothers you. Half of the SBR members are in violation.
                                      Comment
                                      • pimike
                                        BARRELED IN @ SBR!
                                        • 03-23-08
                                        • 37140

                                        #89
                                        Originally posted by pavyracer
                                        Don't laugh pimike. We are best buddies with the director. Anyone that knows me knows I'm serious.
                                        Homeland security could care less about bookies and gambling.

                                        so what your point
                                        Comment
                                        • pavyracer
                                          SBR Aristocracy
                                          • 04-12-07
                                          • 82863

                                          #90
                                          Originally posted by pimike
                                          Homeland security could care less about bookies and gambling.

                                          so what your point
                                          My sources at homeland security, which you chose to discredit, have known for months now that suspected terrorists are using sportsbooks for money laundering. A major bust will be announced soon and the reprications to those assisting terrorists will be huge. You can run but you can't hide. If illegal activity is uncovered you are toasted.
                                          Comment
                                          • pimike
                                            BARRELED IN @ SBR!
                                            • 03-23-08
                                            • 37140

                                            #91
                                            Originally posted by pavyracer
                                            My sources at homeland security, which you chose to discredit, have known for months now that suspected terrorists are using sportsbooks for money laundering. A major bust will be announced soon and the reprications to those assisting terrorists will be huge. You can run but you can't hide. If illegal activity is uncovered you are toasted.


                                            Thanks for the laugh buddy
                                            Comment
                                            • flyingillini
                                              SBR Aristocracy
                                              • 12-06-06
                                              • 41219

                                              #92
                                              Originally posted by pimike


                                              Thanks for the laugh buddy
                                              Agreed. My sources hahaaha
                                              המוסד‎
                                              המוסד למודיעין ולתפקידים מיוחדים‎
                                              Comment
                                              • pimike
                                                BARRELED IN @ SBR!
                                                • 03-23-08
                                                • 37140

                                                #93
                                                Originally posted by flyingillini
                                                Agreed. My sources hahaaha
                                                Hey buddy is everything ok where your at. Dam news make it sound like the whole are is under fire.
                                                Comment
                                                • flyingillini
                                                  SBR Aristocracy
                                                  • 12-06-06
                                                  • 41219

                                                  #94
                                                  Originally posted by pimike
                                                  Hey buddy is everything ok where your at. Dam news make it sound like the whole are is under fire.
                                                  No it is not ok. I am not even joking it is absolute chaos out here. My power goes on and off. 250K people have not had power in 3 days... It is hard to breathe.. ash everywhere.. where I live is on a hillside and it is around 3 miles away and I have a reverse 911 set up.. my neighbors have fled.. I am here waiting for the call to leave.. it is out of control.... i got all my valuables out and I am ready to leave.. it sucks man and depressing here in santa barbara.. this is one of the nicest places in the country and it is about to go up in flames...
                                                  המוסד‎
                                                  המוסד למודיעין ולתפקידים מיוחדים‎
                                                  Comment
                                                  • topcat
                                                    SBR MVP
                                                    • 04-15-08
                                                    • 1096

                                                    #95
                                                    Originally posted by SBR_John
                                                    ...ok, maybe not my last.

                                                    No one at this site in the position of rating or reviewing sportsbooks believes this sportsbook will survive.

                                                    I know there are a few SBR'ers that have stated they have been paid. No reason to doubt them.

                                                    What I want to be clear about is SBR strongly believes this business will fail. Probably sooner rather than later. Dont send this book your personal info based on what anyone says.

                                                    If you do send your info just know there is not one established industry expert at any player advocate site or in Costa Rica that we know of that believes this book has even the slightest chance of surviving.

                                                    It would be good if the mods would merge all of the creditwagering threads except this one so it does not appear as if they are promoted here.
                                                    i hope your post saves people the cost of having their idenity stolen.
                                                    Comment
                                                    • bigugly
                                                      SBR MVP
                                                      • 01-04-08
                                                      • 1329

                                                      #96
                                                      John, just want to extend my thanks to you for helping to keep us all safe! Good thread.
                                                      Comment
                                                      • SBR_John
                                                        SBR Posting Legend
                                                        • 07-12-05
                                                        • 16471

                                                        #97
                                                        From the mail bag...obviously a big fan.
                                                        "You are being too hard on this book! There is NOT a single complaint No slow pays and NO no pays. Your public opinions are hurting this book. How would you like to be a new book and have SBR announce you are going out of business soon??? Based on nothing except a gut feeling!"

                                                        Maybe others feel this way too? Guys, first of all my opinions are not based on "nothing". I did the math earlier in this thread and invited CW to tell me where I'm wrong either publicly or privately.

                                                        As I've said I do not have anything against them. This is business its not personal. SBR is open to learn how this model can work. We are open 7 days a week in Country Plaza in Escazu, Costa Rica.
                                                        Comment
                                                        • pavyracer
                                                          SBR Aristocracy
                                                          • 04-12-07
                                                          • 82863

                                                          #98
                                                          Originally posted by SBR_John
                                                          From the mail bag...obviously a big fan.
                                                          "You are being too hard on this book! There is NOT a single complaint No slow pays and NO no pays. Your public opinions are hurting this book. How would you like to be a new book and have SBR announce you are going out of business soon??? Based on nothing except a gut feeling!"

                                                          Maybe others feel this way too? Guys, first of all my opinions are not based on "nothing". I did the math earlier in this thread and invited CW to tell me where I'm wrong either publicly or privately.

                                                          As I've said I do not have anything against them. This is business its not personal. SBR is open to learn how this model can work. We are open 7 days a week in Country Plaza in Escazu, Costa Rica.
                                                          That's where all the bordellos are located.
                                                          Comment
                                                          • Cloak & Dagger
                                                            SBR MVP
                                                            • 11-15-07
                                                            • 4781

                                                            #99
                                                            Originally posted by SBR_John
                                                            From the mail bag...obviously a big fan.
                                                            "You are being too hard on this book! There is NOT a single complaint No slow pays and NO no pays. Your public opinions are hurting this book. How would you like to be a new book and have SBR announce you are going out of business soon??? Based on nothing except a gut feeling!"

                                                            Maybe others feel this way too? Guys, first of all my opinions are not based on "nothing". I did the math earlier in this thread and invited CW to tell me where I'm wrong either publicly or privately.

                                                            As I've said I do not have anything against them. This is business its not personal. SBR is open to learn how this model can work. We are open 7 days a week in Country Plaza in Escazu, Costa Rica.
                                                            Comment
                                                            • sb1384
                                                              SBR Hustler
                                                              • 05-07-08
                                                              • 57

                                                              #100
                                                              anyone having problems with payours

                                                              i know creditwagering.com has been blasted on this site for some of their collection tactics, business model and overall viability. I'm not interested in drumming that up again, as it's been discussed at length. My question is with respect to payouts. Has anyone been screwed by this company? Anyone waiting longer than they had been told for withdrawals? Just trying to get a feel for early warning signs of a crunch. Thanks in advance
                                                              Comment
                                                              • rcn848
                                                                SBR Hustler
                                                                • 07-07-08
                                                                • 72

                                                                #101
                                                                Originally posted by purecarnagge
                                                                So basically even with generous numbers you can make more money by putting 5 million into a savings account with a bank with no risk.

                                                                No.

                                                                It's not remotely the same thing. They never had $5 million (or whatever amount of bets they are getting -- at $100 a pop I doubt their handle is anywhere near that high). You don't have to have $5M to bet $5M in a year (or to take $5M in bets), you can do it with a tiny percentage of that.

                                                                If creditwagering (or any book or player) holds 7% of the handle they are getting a much better return on their money than getting 5% on a CD or whatever.
                                                                Comment
                                                                • SBR_John
                                                                  SBR Posting Legend
                                                                  • 07-12-05
                                                                  • 16471

                                                                  #102
                                                                  sb none that I've heard of that would be warning signs. Every book gets a few dinks, but as far as legit payout complaints, none so far.
                                                                  Comment
                                                                  • Richkas
                                                                    SBR Posting Legend
                                                                    • 02-03-08
                                                                    • 19396

                                                                    #103
                                                                    Originally posted by jjgold
                                                                    Still very few complaints on credit wagering which is unreal but a long way to go.

                                                                    JJ they are a a+ book

                                                                    I will make a video about this

                                                                    people who work for sbr will have feelings hurt
                                                                    Comment
                                                                    • bigboydan
                                                                      SBR Aristocracy
                                                                      • 08-10-05
                                                                      • 55420

                                                                      #104
                                                                      Originally posted by Richkas
                                                                      JJ they are a a+ book

                                                                      I will make a video about this

                                                                      people who work for sbr will have feelings hurt
                                                                      Mr.Rickas, In one of your videos earlier in the week you mentioned they didn't renew there advertising with you. My question is, may I ask what they are paying you to advertise there site?
                                                                      Comment
                                                                      • Richkas
                                                                        SBR Posting Legend
                                                                        • 02-03-08
                                                                        • 19396

                                                                        #105
                                                                        Originally posted by bigboydan
                                                                        Mr.Rickas, In one of your videos earlier in the week you mentioned they didn't renew there advertising with you. My question is, may I ask what they are paying you to advertise there site?
                                                                        not in public, call me
                                                                        Comment
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