ActionBets downgraded from C to C-

ronald · 06-22-06, 02:11 AM

Was this just one player who reported problems?

Dark Horse · 06-22-06, 08:01 AM

This is bad news. I deposited there after good feedback here... Is my money still safe there?

Where is Aden anyway?

Terris · 06-22-06, 09:59 AM

Was reading its a referal case, some posts on several websites. I dont think you are in trouble as a "normal" player DH.
I could imagine there is a lot of shady activity going on with those referals, iam surprised AB is already downgraded but maybe SBR knows more.

Bill Dozer · 06-22-06, 11:04 AM

We have known about the "investigation" for a week or so and at least some of the players are indeed "connected". AB said they planned to have it wrapped up at the end of the week.

It's been handled oddly thus far. Players involved were brought in personally by the staff. Then, their roll-overs were increased. Later, they were told they couldn't withdraw. When a book believes there is fraud they should freeze the account and not watch the players in question continue to risk their funds.

AB players are receiving emails from an employee asking them to move to a scam book with ready-made accts and PWs.

The payout delays are drawing concerns. Unfortunately, when you offer Neteller in "90 minutes or its free" and then are late by even a few days it is going to draw negative attention. It's like when Pinnacle takes 4 hours, players write in because it is out of character.

One of these complaints alone wouldn't necessarily warrant a downgrade. Actionbets can hopefully send payouts through a different method.

ronald · 06-22-06, 11:12 AM

Bill,

did they give you any idea as to when they will resume processing Neteller payouts?

Bill Dozer · 06-22-06, 11:50 AM

Ronald,

It sounds like they plan to have it funded by Friday at the latest. If it was me, I would ask for a ** transfer now on their coin.

Some players took a ** this morning and should have it soon. There is a 5k daily max for all methods.

We are going to see if we can assist sorting out the fraud case. ActionBets stopped taking bets from the accounts.

Lucas · 06-22-06, 12:23 PM

It looks Mudcat has with bookie of the day bad luck.
One day he recommended Millenium and in few days the BoS problems appeared.
Few days ago:

Originally posted by Mudcat

As I said from the start: nice bonuses, reduced juice, good CS, good payouts.

Thumbs up from me. :thumbs_up

And now this...

Stumpage · 06-22-06, 12:53 PM

Man, this is some scary stuff...I deposited there a month ago thinking that these guys, though fairly new, seemed to be rock solid (CS, decent lines, Good rep). I since have wagered and lost all I deposited, but I'm wondering if I was doomed to that end regardless. This news will keep me away from any new outfits for a long time.

bigbet1234 · 06-22-06, 03:02 PM

I don't find this alarming, I think they are fine. I had to wait 4 days for a neteller withdrawal recently. I was told they were having some problems with neteller, wasnt told it wasnt funded, but figured it.

What I liked is they offered ** right away, and said that would be the quickest. This was last Friday. I received my neteller on Monday.

I think they took a hit with their 25% cash, 6 times roll. Now they are re-structuring the biz plan. they write plenty of tickets, and I look forward to playing with them come Foots.

BB

BK · 06-22-06, 03:25 PM

Originally posted by Illusion

ActionBets downgraded from C to C-
SBR has received reports of increased bonus roll-over requirements after bonus terms have been met, Actionbets asking for 4 days to process Neteller withdrawals, solicitations from an Actionbets employee to play at a different unrelated sportsbook, and withdrawals denied during to 2 week fraud investigations taking place while account holders are allowed to wager. SBR to speak with management in the morning.

These incidents are all interrelated. We will provide more info once it is all over. Pleased do not be alarmed though. We are not going anywhere. We do have enough money, just not in our Neteller account right now.

pags11 · 06-22-06, 03:29 PM

I have been on here before and have shared my experience with actionbets and the promo account...I do think these guys mean well, but I'd be very leary of playing with them at this point...

BigDog · 06-22-06, 03:45 PM

Originally posted by Bill Dozer

We have known about the "investigation" for a week or so and at least some of the players are indeed "connected". AB said they planned to have it wrapped up at the end of the week.

It's been handled oddly thus far. Players involved were brought in personally by the staff. Then, their roll-overs were increased. Later, they were told they couldn't withdraw. When a book believes there is fraud they should freeze the account and not watch the players in question continue to risk their funds.

AB players are receiving emails from an employee asking them to move to a scam book with ready-made accts and PWs.

The payout delays are drawing concerns. Unfortunately, when you offer Neteller in "90 minutes or its free" and then are late by even a few days it is going to draw negative attention. It's like when Pinnacle takes 4 hours, players write in because it is out of character.

One of these complaints alone wouldn't necessarily warrant a downgrade. Actionbets can hopefully send payouts through a different method.

Damn,this is a VERY strange way to operate indeed

natrass · 06-22-06, 04:25 PM

Originally posted by bigbet1234

I don't find this alarming, I think they are fine. I had to wait 4 days for a neteller withdrawal recently. I was told they were having some problems with neteller, wasnt told it wasnt funded, but figured it.

What I liked is they offered ** right away, and said that would be the quickest. This was last Friday. I received my neteller on Monday.

I think they took a hit with their 25% cash, 6 times roll. Now they are re-structuring the biz plan. they write plenty of tickets, and I look forward to playing with them come Foots.

BB

Have I missed something :

- You got bummed out withdrawing
- It took 4 days to pay by neteller
- You read about the dodgy goings-on in this post
- But this has so impressed you that you "look forward" to using them again

In fact you were so impressed it moved you sign up to the forum to post about it in your only post.

Jesus! What would make you think a book is unsafe?

Also, while you post as a casual player have managed to pick up inside information as to their business plans.

A very suspicious book being pumped up by a very suspicious post.

Where's taco? He is better than me at this than me.

BigDog · 06-22-06, 04:57 PM

Originally posted by natrass

Have I missed something :

- You got bummed out withdrawing
- It took 4 days to pay by neteller
- You read about the dodgy goings-on in this post
- But this has so impressed you that you "look forward" to using them again

In fact you were so impressed it moved you sign up to the forum to post about it in your only post.

Jesus! What would make you think a book is unsafe?

Also, while you post as a casual player have managed to pick up inside information as to their business plans.

A very suspicious book being pumped up by a very suspicious post.

Where's taco? He is better than me at this than me.

tacomax · 06-22-06, 05:04 PM

Originally posted by bigbet1234

I don't find this alarming, I think they are fine. I had to wait 4 days for a neteller withdrawal recently. I was told they were having some problems with neteller, wasnt told it wasnt funded, but figured it.

What I liked is they offered ** right away, and said that would be the quickest. This was last Friday. I received my neteller on Monday.

I think they took a hit with their 25% cash, 6 times roll. Now they are re-structuring the biz plan. they write plenty of tickets, and I look forward to playing with them come Foots.

BB

[IMG]http://www.west-ave.com/**-curt.shilling.phillies.jpg[/IMG]

natrass · 06-22-06, 05:11 PM

Taco, your hard drive never fails to bring up just the right image.

Very funny.

bigbet1234 · 06-22-06, 05:46 PM

I've been around a while. Would I put them in the class with pinny, or oly, hell no. but i was pointing out that i was told up front that i could not be paid via neteller. and they offered ** right away. i declined and waited. was paid when they said.

i look for them to be around. if you are looking for books in trouble go look up nojuice, betonstars, etc.....

Originally posted by natrass

Taco, your hard drive never fails to bring up just the right image.

Very funny.

Bill Dozer · 06-22-06, 07:01 PM

Originally posted by bigbet1234

I've been around a while. Would I put them in the class with pinny, or oly, hell no. but i was pointing out that i was told up front that i could not be paid via neteller. and they offered ** right away. i declined and waited. was paid when they said.

i look for them to be around. if you are looking for books in trouble go look up nojuice, betonstars, etc.....

Offering a different method is the best thing a book can do when they have to decline a request. I also agree that this isn't the end of ActionBets but... they have a huge mess on their hands involving an employee and the group of players he ushered in.

At least one player received a ** payout today and we are waiting for confirmation from another. They are/will be relieved to get something but aren't thrilled that the book wouldn't release more then $5,000 per day to get them caught up.

BigBet,

Thanks for stopping by. Welcome to the board.

natrass · 06-22-06, 07:07 PM

Originally posted by bigbet1234

I've been around a while. Would I put them in the class with pinny, or oly, hell no. but i was pointing out that i was told up front that i could not be paid via neteller. and they offered ** right away. i declined and waited. was paid when they said.

i look for them to be around. if you are looking for books in trouble go look up nojuice, betonstars, etc.....

I dont understand. So they were upfront that they couldnt afford to pay you and you recieved days later a delayed payment.

And, as you say they are not as good as the books you listed.

Youve read about the similar (and worse) problems other people are having.

So, why would you look forward to betting with them again?

If you like slow payments there are any number of books who could offer that service for you to look forward to.

I am sure there are a lot of better books to use surely?

Terris · 06-22-06, 07:13 PM

Originally posted by natrass

I am sure there are a lot of better books to use surely?

Sure you could say that in every bookie discussion: Stay with the A books and everything is fine, why bother with the rest?
Thats not the point thou.

Doug · 06-22-06, 07:42 PM

Stop picking on Bert's books ! He's busy enough now.

bigbet1234 · 06-22-06, 07:55 PM

Uh, where did I say they couldn't afford to pay me? Their Neteller was empty, sure, it is a hassal, but when they offer an alternative method same day, I wouldnt say they couldnt afford it.

BB

Originally posted by natrass

I dont understand. So they were upfront that they couldnt afford to pay you and you recieved days later a delayed payment.

And, as you say they are not as good as the books you listed.

Youve read about the similar (and worse) problems other people are having.

So, why would you look forward to betting with them again?

If you like slow payments there are any number of books who could offer that service for you to look forward to.

I am sure there are a lot of better books to use surely?

Dark Horse · 06-22-06, 08:13 PM

FWIW, with this book I'm going by what Aden has shared (in the past). Sure, that is a risk, because I don't know him other than through this board and a few e-mails. But I've learned that you can tell a lot about a business from the type of people that operate it. To give an example, I always thought that Hollywood was a sleazy book, even though it was rated A, because of some personal interactions with the people behind the scenes. Well, as you all know, they left a huge mess. If the people inspire trust, you're usually in a good place. I apply the same rule of thumb to other books that I appreciate, such as Mansion and Canbet. The opposite is true as well. If they lie straight in your face, beware. An untrustworthy book to me is youwager, rated C.

I think that the attitude of the boss or person in charge trickles down through the entire organization. If the boss is dishonest, he will expect his employees to be like that. I know, this is a very general observation, but based on it I'm not ready not to trust Actionbets. Every business can, and will, have a challenge now and then. The challenge itself doesn't really interest me that much. It's how it is resolved that tells me what I need to know. Ultimately, all business comes down to people trusting people.

natrass · 06-22-06, 08:37 PM

Originally posted by bigbet1234

Uh, where did I say they couldn't afford to pay me? Their Neteller was empty, sure, it is a hassal, but when they offer an alternative method same day, I wouldnt say they couldnt afford it.

BB

Uh ... afford/dont have enough money in their neteller account to pay people ... whatever.

Still, your thoughts on the other questions.

Illusion · 06-23-06, 04:10 AM

6/22

ActionBets (SBR rating C-) sending Western Union payments in place of Neteller requests. ActionBets tells SBR it will conclude a fraud investigation, which involves a group of players brought to the sportsbook by a staff member, before the end of the week. The sportsbook’s rating will be reevaluated Monday.

Fishhead · 06-23-06, 07:52 AM

Christ!

bigbet1234 · 06-23-06, 08:30 AM

Fish, this worries you?

Originally posted by Fishhead

Christ!

pags11 · 06-23-06, 03:47 PM

darkhorse, excellent post...I completely agree...

Fishhead · 06-23-06, 11:58 PM

Originally posted by bigbet1234

Fish, this worries you?

Have held off depositing with ACTION BETS and will continue to do so.

Hopefully down the road can feel confortable giving them a shot.

Terris · 06-24-06, 06:44 AM

but he doesnt mind bonus whoring at Mill. and BoSheit...
sorry Fish but noone cares, really

Dark Horse · 06-26-06, 11:33 PM

Originally posted by Illusion

ActionBets (SBR rating C-) sending Western Union payments in place of Neteller requests. ActionBets tells SBR it will conclude a fraud investigation, which involves a group of players brought to the sportsbook by a staff member, before the end of the week. The sportsbook’s rating will be reevaluated Monday.

Illusion, you wrote the above on 6/23, but later that Saturday:

06.23.2006 (01:14 PM CST)
ActionBets (SBR rating D+) withdrawals unavailable regardless of requested payout method. The book was able to send partial balances owed through Western Union yesterday but has stopped processing payouts completely today. ActionBets says it must wait for deposits or a bank wire expected early next week, before resuming transfers.

Does SBR have a way of knowing how reliable Actionbets claims are that its owner is in the process of funding the business? This book has dropped from C to D+ almost overnight. Has the bleeding stopped or should we expect a D- rating and possible blacklisting? The silence is deafening.

isetcap · 06-27-06, 01:48 PM

I'm most interested in the details of this fraud situation that has been referenced in several posts.

Bill, can you point us in the right direction on that?

LGBoots · 06-27-06, 01:59 PM

Actionbets has been in operation at least 7 years so I thought I would be fairly safe posting up some cash with them

Of course a couple of days after I do all this crap starts up

I really hope this is just a minor 'glitch' (Please

) as AB seem to be well thought of up to a few days ago.

JC · 06-27-06, 03:36 PM

Their banner at TOW says they pay in 90 minutes.

Where did you hear they have been in business 7 years? Their website?

Their website also says they are licensed and recognized by the government of CR, another stretch.

When will the sites that promote these dumps at least enforce some truth in advertising?