Bodog: The End of an Era

[betbetter]

Fair enough, no one ever said he had a billion cash.

But...and people should get this very clear. There are not, and never were, any Bodog financial statements ever given out under the authority of anyone remotely recognized as an accountant or bound to the truth anywhere at any time. How Forbes ever got it so wrong is probably best summed up in this quote from Big Mo at another place...



I've added the bold for clarity.

The second flaw in the "projected earnings" argument is that you can't "project" earnings for a company whose earnings come from criminal operations in the only country where they have any real earnings. A London based market analysis pointed that out rather sarcastically when Forbes did that calculation on Bodog's worth. Criminal enterprises don't have a "market value".

It's a "unique" "criminal" enterprise. Pre - UIGEA when the article came out makes the sarcasm debatable.
Those were heady days, legitimacy was just around the corner. Remember?

[purecarnagge]

Why aren't they downgraded to F they fired most of there employees...

[durito]

Why aren't they downgraded to F they fired most of there employees...

Generally books have to actually start stiffing people to be F.

Layoffs do not mean bankruptcy. Look at every single american company right now.

[Steeltown]

They can pay quickly if they are motivated. I got mine overnighted after SBR got involved.

I ended up reloading with them because they are the only ones that accept my debit card and also the 20% bonus isn't too bad. Hopefully they will get their shiit together when I withdrawal hopefully end of football.

Dont forget your gambling problem! Thats also why you play there right?

[BrianLaverty]

It still blows my mind why anyone would play bodog for the sportsbook.

The lines suck... they take forever to release them. There are so many better sportsbooks out there..

I did have a lot of success playing poker because there are sooo many fish, but besides that, bodog is really just useless and would not be a loss at all to the sportsbook industry.

[donjuan]

Two reasons to play there: stale/off market numbers and props.

[purecarnagge]

well, they are stiffing the people on day 60 for withdrawal...

[genyes]

I don't understand how Bodog could have $24 million dollars on deposit in the United States. Amazingly stupid.

[donjuan]

I don't understand how Bodog could have $24 million dollars on deposit in the United States. Amazingly stupid.

It's called paying people.

[betbetter]

It's called paying people.

No, it's called being arrogant and investing more in 300 marketing positions rather than 1 good CFO that can negotiate processing deals in other areas than the DOJ's backyard. dumb and dumber.

[genyes]

Exactly. Does anyone think The Greek would leave himself that exposed by having money in deposit in the United States aka, "The Land of the Free"?

[Sforz]

Two reasons to play there: stale/off market numbers and props.

just left bodog... I was able to get paid via western union. Other than their nice website, I don't miss it at all. Much better lines where i am now, 5dimes.

[donjuan]

Exactly. Does anyone think The Greek would leave himself that exposed by having money in deposit in the United States aka, "The Land of the Free"?

I highly doubt the Greek makes as many payouts as Bodog does.

[Marco C]

And your source of knowledge of these comparative details would be....?

[donjuan]

If you have reason to believe otherwise, feel free to tell us.

[Marco C]

My point is, firstly, what reason do any of us have to believe you? You're the one who made the claim.

I, and anyone who has been awake for the last five years, knows Calvin Ayre is a headcase and a desperate liar, particularly about how "successful" Bodog is. I do know from very accurate inside information that the money Bodog processed through Canada in 2006 was approximately 66 million, total. Total, not profit. It may be that they process money through other places as well.

One of Bodog's tactics of creating this "billionaire" myth has been to plant shills on the forums feeding it stories like, well for instance, that Bodogs payouts are way more than the Greeks.

Which brings me back to my original question? What is your expertise in providing us with this comparison between the Greek and Bodog?

Thank you for your assistance in seeking out the truth.

[donjuan]

LOL at accusing me of being a shill for Bodog. You think that they only process money through Canada? Obviously they don't given the seizures in the US. I have no expertise and am giving an opinion based on available information to the public. Hence me asking if you had reason to believe otherwise.

[betbetter]

My point is, firstly, what reason do any of us have to believe you? You're the one who made the claim.

I, and anyone who has been awake for the last five years, knows Calvin Ayre is a headcase and a desperate liar, particularly about how "successful" Bodog is. I do know from very accurate inside information that the money Bodog processed through Canada in 2006 was approximately 66 million, total. Total, not profit. It may be that they process money through other places as well.

One of Bodog's tactics of creating this "billionaire" myth has been to plant shills on the forums feeding it stories like, well for instance, that Bodogs payouts are way more than the Greeks.

Which brings me back to my original question? What is your expertise in providing us with this comparison between the Greek and Bodog?

Thank you for your assistance in seeking out the truth.

What went thru Canada that year would've been a fraction of what they took. In the sportsbook alone. Nevermind the casino. In terms of tickets written Bodog was(?) the largest US facing book the past 2 -3 years. Pinnacle would've have far outaken BD in terms of handle due to their VIP base that has virtually no limits.per se. Again in terms of tickets written BD far outakes the Greek. I'd be interested to know the difference in handle between the 2 though, I don't think it's anywhere near as wide as Pinnacles was.

I have 6 years in a key position trading realtime numbers$ from the US punting population and contacts at some of the largest books in similar and higher positions.

And you?

Myths? It's called marketing, and they did it well. Now if they had spent half that energy in administrative areas we would'nt be having this discussion.

[durito]

My point is, firstly, what reason do any of us have to believe you? You're the one who made the claim.

I, and anyone who has been awake for the last five years, knows Calvin Ayre is a headcase and a desperate liar, particularly about how "successful" Bodog is. I do know from very accurate inside information that the money Bodog processed through Canada in 2006 was approximately 66 million, total. Total, not profit. It may be that they process money through other places as well.

One of Bodog's tactics of creating this "billionaire" myth has been to plant shills on the forums feeding it stories like, well for instance, that Bodogs payouts are way more than the Greeks.

Which brings me back to my original question? What is your expertise in providing us with this comparison between the Greek and Bodog?

Thank you for your assistance in seeking out the truth.

No one said they were for more, only that there were more. Do you understand the difference?

Bodog has a shitload of small players. Processing issues come up when trying to process a ton of transactions, even if they mostly quite small. This is why bodog and sportsbook.com have so many problems right now.

[Leary]

It's a "unique" "criminal" enterprise. Pre - UIGEA when the article came out makes the sarcasm debatable.
Those were heady days, legitimacy was just around the corner. Remember?

Marco C, I mean Paddy Roberts wants you to believe it is a "criminal" enterprise as a general assumption.

His biggest problem is he is not and has not been involved in anyway with this industry and therefore comes across as the complete idiot he is. Copy, pasting and twisting articles are his claim to fame.

Therefore he would not remember!

He attacked me in the past for what I see is his obviously unhealthy personal attraction for Calvin and anyone he thinks in his "illusionary mind" is associated with bodog. As illusion is all he has to go on inside this industry.

[cowpokes]

Hey guys brand new to the site and was just going to share my experience about bodog. Joined During march madness 08. I did well with my picks for once and rolled up alittle over a grand. I cashed out mid june and just now recieved my check today via fed ex. I went to cash the check and noticed that now the bank that issued the check is from canada. My local bank deposited the check and said it would take 30 days to clear since it is from out of country. Very nervous if this check will clear, any thoughts? My thinking is that maybe since it is a foreign bank that it will clear no problems?

[rm18]

bodog kind of brings the processing problems on themselves with the poker bonus, they are basically asking guys to withdraw the money and send it back to them/ They should just give discounted play or something

[milwaukee mike]

cowpokes that is a crazy bank of yours.
my bank has never had 30-day holds on foreign checks.

in this day and age, there should be no more than a 10-11 day hold on a foreign check. there are a lot of scams coming out of canada, but a bodog check will be good.

[Sforz]

bodog kind of brings the processing problems on themselves with the poker bonus, they are basically asking guys to withdraw the money and send it back to them/ They should just give discounted play or something

thats a good point...

[trypsin]

ecom trustee card

anyone else receive a ecom trustee debit card from bodog and have used it successfully? I tried to log into the ecomcards.com website and it says my card is ON HOLD. I can't check balance or anything.

[polishkielbasa10]

Can someone help Please???? I have a small account with bodog that I';ve had for years...Do I need to get out, make a payment request...Not sure with all this discussion on what to do...I'm a bit nervous

[langdon36]

Add me to the list of not getting paid from bodog, if i ever get my check i will never gamble with them again, customer service is the worst. Just lies, lies, lies.

[BigD]

Can someone help Please???? I have a small account with bodog that I';ve had for years...Do I need to get out, make a payment request...Not sure with all this discussion on what to do...I'm a bit nervous

I think it would be smart to get out. Their payout are listed for 8 weeks. get out unless you like to gamble and not get paid

[pokernight1991]

Just an FYI, I made a withdrawal request via check on June 12 and received it on August 26. It looks like it is taking about 11 weeks by check. Now I hope it clears.

[jon13009]

Looking at my payout situation at Bodog it has gone to where I cannot now withdraw any funds:



Previously Bodog was allowing ** or money transfer for accounts in Maryland (while other US States seemed to be fine) due to their processor limitations in Maryland. Now that may be gone.

The SBR rating for Bodog as a C book is indeed justified for US accounts, and an even lower rating may now be necessary since accounts in certain US states are now cut off.

[rm18]

Looking at my payout situation at Bodog it has gone to where I cannot now withdraw any funds:



Previously Bodog was allowing ** or money transfer for accounts in Maryland. Now that may be gone.

The SBR rating for Bodog as a C book is indeed justified for US accounts, and an even lower rating may be necessary.

just tell them you post at SBR, I still got check and **.

[jon13009]

just tell them you post at SBR, I still got check and western union.

Sent in a request for more info to Bodog. Hope they will come up with a solution by tomorrow or at least by the time some of my future bets come into play. But it looks quite scary at Bodog right now.

With the new BTP requirements, looks like DSI is looking like a good option right now....

[JoshW]

All the player complaints we have been getting have been getting quick responses from Bodog. Most people have been paid or have firm tracking numbers. Anyone who is having issues with bodog or having trouble getting paid, please submit a complaint request to us here: http://www.sportsbookreview.com/Spor...Complaint.aspx

If you have submitted an issue to us on bodog and haven't heard back email me at josh@sportsbookreview.com. I had my computer crash this weekend, so is possible one or two emails could have been lost.

[Fuerza]

Hi guys, new to SBR.

Hello Fellas,

I have been coming on this forum for about a year now but just today decided to become a member. I am not knowledgeable enough to be posting so I just read through all the awesome baseball and football threads. Anyways, the reason I am introducing myself here is because I got on a lucky streak in August and made some nice hits. I requested 2 payouts from Bodog one on Aug. 15th for 9,500 and the other on Aug 20th for 6,700. I don't know enough about the industry to say whether or not they are going under but I know every time I have requested a payout in the last 2 years they have come through. Anyways, I guess its time to wait and see how long it takes to get paid if at all

Cheers

[bigboydan]

First off, Welcome to the SBR forum

Bodog is having some serious processing issues at this time sir. If you need some assistance with this matter, please feel free to send an email to SBR moderator JoshW at: josh@sportsbookreview.com and he will inquire to them to find out latest on your withdraw.