Betonline: $15,000 no pay. Day 49

[YPS]

Best of luck YPS.

Thank you Miz.
The bad thing is i have more than $33k in this book. I don´t want to brag with this.
Its sad enough to have so much money in such a lousy scam-like book with no chance to get paid within a acceptable time frame

[Miz]

I have seen other posts, where players were eventually paid. Usually I had to scroll to the bottom to see the last post where they said that 3 weeks later they got paid. I feel for you having that much in the book. It is really a balancing act... you need enough in there so that if you hit a bumpy stretch you don't have to reload, as the swings are enormous sometimes with any type of kelly approach. At the same time, you don't want to overexpose yourself by posting up too much.

[Miz]

I find myself putting money in, and ultimately technically overbetting with the money I have posted in there, but I do my calculations based on the roll that I actually have, not just the money that resides in the book. It becomes annoying if you win in one book and lose in the other, then have to reallocate your funds... then repeat.

[YPS]

Day 14

Its unbelievable but:

The wire payout was declined again today.

What happened so far:

11-20-2012: $15000 payout requested via wire

11-22-2012: BOL cancelled the payout and send the following email:
We apologize for the inconvenience but your payout has been cancelled as you have not send the required documentation and the payout method requested is unfortunately not available

11-27-2012: 8k Moneybookers payout requested instead of the cancelled wire payout

11-29-2012: Bol cancelled the moneybookers payout and send the following email:
I need to inform you that unfortunately we are experiencing delays on the Skrill payout method and to offer a better service we are giving you the opportunity of a replacement on your payout into a wire, we would like to know if you agree with this.

11-29-2012: Reffering to BOL´s email i requested the $15k payout via wire again.

11-30-2012: BOL cancelled the wire again. No explanation given so far

12-01.2012: Wire was re-submitted:
BOL´s email: I'm contacting you regarding your wire Payout for $15,000.00 .This payout has been re-submitted. Please keep that this method takes 10 business days, Sorry for the inconveniences this might have caused.

12-03-2012 : BOL´s email: The most recent wire payout was approved, this will take 15-20 business days to reflected on to the account.

12-04-2012: The wire was cancelled again:
BOL´s email: We're sorry, but your wire payout request of 15000 USD for Account ID B**** has been declined.

I don´t know what to do with this book anymore

[slash]

Hahaha!! Please keep us posted. BOL's payout department (the SBR mods) should really try to improve their practices.

[chachi]

[PharaohUB]

Could you imagine if this was a non-sponsor book. They would be rated F by now and there would be SBR Videos warning us not to play there. LOL.

[BigPage25]

Wow what a crap book... Seriously wtf is wrong with that book.... Why can't they just admit they don't have the money to pay it... Absolutely unacceptable.... Their grade needs to be lowered asap

[YPS]

Day 17:

An 8k wire from Bol arrived today.
Very surprising and very fast after all that confusion during the last weeks.
Now i´m waiting for an additional 15k wire, lets see how this works.

[Miz]

Thanks for the update. I was curious about how this was going. Happy you got some of your money! Hope you get the rest!

[pologq]

nice to hear you got the money. book sounds like a pyramid scheme where they need suckers like me to make deposits to pay off people that win.

[YPS]

Thanks for the update. I was curious about how this was going. Happy you got some of your money! Hope you get the rest!

nice to hear you got the money. book sounds like a pyramid scheme where they need suckers like me to make deposits to pay off people that win.

Thanks guys,
yes the 8k arrived but i´m still waiting for the initial 15k payout.
That means now its:

Day 29 of the Betonline no pay/slow pay again.

After the disaster with BI all i want is to withdraw my remaining 23k from Bol as soon as possible.
It´s very obviously that Bol is the next book going down the hill.

[YPS]

Today is day 31 of Betonlines no pay/slow pay


Chat start time Dec 19, 2012 10:47:51 AM EST
me: Hello, could you please let me know whats going on with my wire payout....
Nigel: Could you please provide me with your account number and password?
me:...
Nigel: It takes 10 business days for you to receive your wire payout.
me: the last 8k took 3 days
me: today is business day 9
me: is the money on its way?
Nigel: You will be receiving your funds
me: is it on its way?
Nigel: It takes 10 business days
me: it would be nothing new with betonline to wait 50 days
me: like last time
Nigel: It will not take you 50 days to receive your wire payout.
me: its day 29 now
me: from my initial request
me: is the money on the way?
me: is the money on the way?
Nigel: You are still in the time frame, you will be receiving the information in regards to your payout very shortly.
me: that means?
me: incidentally i´m not in the time frame, i´m waiting since 29 days now
Nigel: Thank you for waiting. I'll be with you in just a moment...
Nigel: I will be right with you...
Nigel: Thank you for waiting. I'll be with you in just a moment...
Nigel: I'm sorry for the delay. I'll be right with you...
.........
end of the chat

[lyon804]

HA, what a joke of a book. They can't pay you until they get enough deposits. I loved the Greek, but they decided to leave the US players. Bookmaker.eu has been very good to me, but I am concerned about the offshore market in general.

[bubba]

in the past i would believe them when they say processor problems. after all, their banner is up top.

[Miz]

Hang in there YPS. I agree that they are likely in poor financial shape. However it doesn't seem like a complete scam book. I think you're going to get paid. I wonder if you can ask them to just send 5k at a time instead? That might be more effective? I dunno. Best of luck

[Miz]

http://www.onlinebetting.com/betonline/

[YPS]

Thanks for the link Miz, i guess you´re right, probably it would have been better to ask for several smaller amounts...

[pazim]

Thanks for the link Miz, i guess you´re right, probably it would have been better to ask for several smaller amounts...

I requested $2000 a year ago through wire transfer and it took them 2 months. Just ask for ** payouts from now on. Get a ** prepaid card. When you get the control number call the number on the back of your card and there is an option to load the tranfers right onto your card. You don't even have to go a ** location, you don't need to fill any paperwork, just type the control number and the money is instantly in your account. You have to pay more to get ** payouts, but its better than worrying about whether you will get paid or not.

[pazim]

I requested $2000 a year ago through wire transfer and it took them 2 months. Just ask for ** payouts from now on. Get a ** prepaid card. When you get the control number call the number on the back of your card and there is an option to load the tranfers right onto your card. You don't even have to go a ** location, you don't need to fill any paperwork, just type the control number and the money is instantly in your account. You have to pay more to get ** payouts, but its better than worrying about whether you will get paid or not.

why is w.e.s.t.e.r.n. u.n.i.o.n getting **

[John Dough]

Because SBR asks that people not discuss specific payment methods.

[musky123]

YPS it Sounds like you make good money at betting. What sports do you bet?

[YPS]

I requested $2000 a year ago through wire transfer and it took them 2 months. Just ask for ** payouts from now on. Get a ** prepaid card. When you get the control number call the number on the back of your card and there is an option to load the tranfers right onto your card. You don't even have to go a ** location, you don't need to fill any paperwork, just type the control number and the money is instantly in your account. You have to pay more to get ** payouts, but its better than worrying about whether you will get paid or not.

Thanks for letting me know that this option is working pazim. But 14 W.U payouts x $185 fee each = $2590 total fees. A bit to expensive.

YPS it Sounds like you make good money at betting. What sports do you bet?

Mostly tennis and some live betting.


Update:
The 15k wire still wasn´t paid. Bol keep on lying here- But that´s nothing new.

A skrill payout i requested yesterday for the remaining 8k was cancelled today - No explanation given.
Please Bol, pay me the money and i swear i will never come back

[Nietzsche]

Hello YPS,

I am very sorry about your problem and in general for the situation in which every USA player is in.

It looks obvious that Betonline is just stalling you and waiting for new deposits in order to pay. After the Betislands collapse it looks like Betonline is following the same route.

But what is disgraceful is that this book is still rated B+.

SBR, are you not learning any lessons from Betislands? Why is SBR keeping silence again in this issue? Lou replied once and then shut off.

As a player from Ireland I don't have any of these problems and don't need to play in any shady offshore books (with the exception of Pinnacle that I trust) and I will always have the recourse of bringing a book to court or IBAS regulator if a problem arises. But USA players DO need you, SBR.

Nevertheless, I joined SBR forums because I thought that before bringing a book to court I would always try to settle a problem in a friendly manner and had a very good first impression of SBR.

But now everything has changed. I can imagine a book hearing from SBR about my complain, and just laughing at them. Who the fukk you think you are SBR? You are the most corrupt of all and you tell me how to run my business and even tell me I should accept your fair ruling.

I wouldn't use SBR anymore if I had an issue with a book. I would go directly to IBAS or Court.

SBR, wake up. You have lost all credibility and you may never recover it. But if you wanna try mend your ways downgrade a book (Betonline) that is continously stalling withdrawals. They are obviously in trouble. There is no excuse to continuosly cancel withdrawals. Do not accept that kind of behaviour anymore.
Get your act together. This may be your last chance. If not there is no point in SBR at all.

[YPS]

Thank you Nietzsche
I am also quite astonished that such a scam-like book like betonline where you have no chance to get paid within a acceptable time frame is still B rated - especially after the BI disaster
And their whole stall tactic is disgusting and it makes me sick.

[bostonboss]

sbr needs betonline now.......the money dried up at betislands...dont expect the b rating to go away anytime soon......they might get downgraded to c if they announce a collapse.

[Digo]

Betonline is the next betislands, better to take care of your money...

[tmrcat2012]

Day 7:
I had send the documents at 11-22 and now they trie to tell me they haven't received anything yet.
As GigaOuts says, the stall tactic continues.
This book is a neverending nightmare.

I also had to resend all of my documents after a payout request. They said they had none on file. Originally they said they received my original documents.

[ThaWoj]

"Cheers BOL Alex" where u at.

op i hope u get paid soon. If not ask for a book to book transfer to 5dimes, heritage, bm, dsi, etc

[SlickRick1382]

Any reason why no mods are posting as to why there has been no payment and this is yet to be handled?

[PAULYPOKER]

bol
eva
yey
or
n
d

[flyingillini]

Is anything safe anymore?

[Bumble29]

BetOnline is a weird case in that they have hung around way longer than anyone would have suspected and have actually offered stuff mostly sharp books offer.

You dont see a scam book post their own openers for example or have some of the largest limits on openers.

A lot of things point to a Ponzi scheme while many others dont. I wish the truth about them would be released because they are a very interesting case, they are a must for sharper players because you can kill them and they currently do pay at some point. However I have to think with the numbers they post they get killed during baseball and make it all back during the NFL, having a year like this year has to be destroying them.

[Justin7]

BetOnline is a weird case in that they have hung around way longer than anyone would have suspected and have actually offered stuff mostly sharp books offer.

You dont see a scam book post their own openers for example or have some of the largest limits on openers.

A lot of things point to a Ponzi scheme while many others dont. I wish the truth about them would be released because they are a very interesting case, they are a must for sharper players because you can kill them and they currently do pay at some point. However I have to think with the numbers they post they get killed during baseball and make it all back during the NFL, having a year like this year has to be destroying them.

I know two different sharps that have or had 6-figure balances. Both had limits severely cut. For what that is worth, it is positive.

[bubba]

I know two different sharps that have or had 6-figure balances. Both had limits severely cut. For what that is worth, it is positive.

do you still work with/for sbr?