And I wish people would stop making Walmart and bank analogies. As far as a bank error is concerned, and this has already been addressed by someone else, all they get back is the amount overpaid--not every cent ever made off it (like if you made a successful stock investment with the extra money). Likewise, 5D only gets back the amount overpaid (roughly $3900), not the money made off every legit bet placed thereafter.
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The general lack of understanding you display of even the most basic details of this dispute is just plain startling. Did you even read any of the information posted earlier in the thread?
Also, since you want to use a bank analogy lets use one that is actually relative to what happened here:
You go into a bank and see a 12 month CD advertised at a 35% APY. Surely this can't be right you think. You go to the teller and put $1000 into aforementioned CD, which is accepted. Something still doesn't seem correct, but you are tracking the interest and watching the fund grow day by day. In the mean time you continuously contact the bank and verify the validity of the rate you are receiving. Each time you are told that the rate is correct. In the meantime you invest in stocks/bonds/mutuals/etc/etc. 2 years later, not only is every asset you own confiscated by the bank but you are told that you now owe the bank tens of thousands of dollars because of an accounting error that they made on one of your investments.
^
That's a comparable analogy sadly.
Sounds ridiculous? Yeah it does. So stop acting like this kid was just walking by an ATM and money started spitting out at him, and quit with the ridiculous analogies that aren't even remotely relative to what actually happened.Comment -
Now let's ask you a question with regards to some of the actual facts IN THIS CASE instead of something unrelated.
If you're expecting dividends in your financial account (not funds out of the blue) and you notice that they are higher than normal.
You contact (2) representatives who are supervisors, or pretend to be, and they confirm the funds are valid and you have the documentation to back it up...
Do you think you're going to get arrested and sent to prison when you have proof that (2) people told you it's perfectly fine and you're good to go?
Since we have no proof otherwise we have to go by what Dan said...and the funds didn't appear out of the blue. Your scenario is has nothing to do with this case.Comment -
Nobody is even mentioning that 5dimes actually stands to profit from this guy. For every $1 a book takes they theoretically move the line relative to other books to attract action on the other side to even it out. It obviously works on a much larger scale but essentially that's how it works.
So for a few weeks this guy is putting down 40 thousand in winning bets, and tipping the scale in 5dimes back end linesmaking system to attract the other side and what not. This is probably too complicated a concept for most people on this forum, and even me. But I understand basic economics, statistics, and how large books operate. I'm sure it's a very complicated algorithm, but the value of his wagers usually is swung by line moves attracting action on other side.
So 5dimes attracts the other 40k or so of bets on the other side which end up being losers. Bank that money. Don't pay the guy that wins. Maybe give him a bit, make him pay some fees on that shit though. Also threaten his family. SBR still keeps us an A book, while we laugh at our lunch time meeting how stupid people/SBR are, and how we are geniuses fooling the system. Win-win-win.Comment -
I was told by justin7 long ago thru pm that he is no longer able to comment on this complaint unless it is specifically assigned to him. He said sorry but it's the chain of command he must follow!Comment -
Too many uniformed opinions in here ...Comment -
Oh nohting to see here just teh standard DON"T SPEAK AGAINST THE FAMILY JUSTIN7. back to protecting the players from books that don't pay us.
player advocate, lol shari. good one.Comment -
Some books like to gamble. They want one sided action on a game to get +110 instead of -110 or the reduced price +105 instead of -105.Comment -
Also, a book may flash a number just to see what they get on it.Last edited by raiders72001; 12-04-12, 03:10 PM.Comment -
Absolutely not although I feel I laid out enough of an argument and should not have to continue to prove myself here well sbr sits back and does nothing! I've authorized the release of all documents and I think that itself will clearly answer everybody's questions. With sbr refusing to release them I feel they are afraid it will help my case rather then hurt it. I also don't want to mislead anyone by commenting on things I'm not 100% sure of! Up until this point I feel everything I've stated in relation to the case has been completely true and I do not want my honesty questioned by stating something I'm not to sure of. With that said list the questions u want answered and I'll do my best.Comment -
I mean if these questions can be easily answered by sbr and they had the facts or documents to back it up don't u think they would just come out and answer them!if these question can be answered and would sway the majority to back sbr and the ruling why would they not come out and expose this info! My answer is they have nothing to support their case and are minimizing the damage by holding back as many facts as possible! I obviously can't remember the order in wich I placed 900 bets or some other specifics but I know that I did not try to take a shot at a book and did nothing wrong! That I will defend forever as for specific details I only have some screen shots of my acct early on and no longer have access to my 5d acct with all my wagers I placed beginning to end. That is what I want released, not bits and pieces but the whole wager log beginning to end! I think that would speak volumes as to my case!Comment -
Dozer has abandoned the thread, Justin is forbidden to express his view, and Lou is obsessed with Walmart analogies that make no sense. I wonder if SBR John cares to chime in on this most disturbing case?Comment -
The case is done and over. 5Dimes isn't going to shell out another penny. Why talk about it for the next two months?Comment -
It doesn't matter what your position is on 5Dimes, nothing is going to change. Bumping the thread every 10 minutes for the next 6 months has no affect on 5Dimes.Comment -
Personally I'm more interested in SBR's position on this--do you represent SBR now? You say the case is closed, yet it appears it was never opened. I ask for SBR John's input and I get you stating it's over. So I guess I'm asking who promoted you to SBR's mouthpiece?Comment -
Another thing I want to add is if sbr released my entire wager ledger I think it will show how inexperienced I really am and people would relize I probobly didn't know anything about correct or incorrect pay tables. U will see no strategy no system just a bunch of mix matched bets on random events that probobly don't make any sense at all. I just got lucky when I won I can admit that. I did get better as time went on but in a seasoned bettors eyes it will probobly appear as dumb luck. I think that is why the phone call should weigh in heavily as I was calling someone who I thought knew more then me and trusted what they told me. Why would a rookie whos a week or so into the sb scene question two people who do this everyday as a profession. I didn't and I wouldn't nor would I expect anybody else to until now I guess!Comment -
My position is the same at all forums. I just haven't posted as much here the last couple of years. I post at OGD. Most of the time it's the player trying to scam the book which is why my positions are for the book more times than not. You ask the same questions every 15 minutes every day. Do you think you are speeding up the process? Do you think that there is any possibility in the world that SBR is going to say that the player is owed the full balance?Comment -
Raiders:
I don't want to hijack this thread into our personal argument. I'll stop asking the same questions repeatedly when I hear legit answers.
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I've seen answers by Shari, Lou, SBRJohn and Justin. It's not that difficult of a case as far as presenting facts. 5Dimes had 7000-1 odds out when they should have been 70-1. Dan places 59 cent wager that he turns into $40k (forget exact amounts). Prior to turning it into $40k, Dan talked with two CS reps that assured him that he was paid correctly on the pleaser. He gets paid $10k. Subsequently everyone has posted their view point. Not one new point is being brought up.
As far as process, is SBR going to give a final report? We either have to wait for that report or it's said and done. Either way I haven't seen any knew arguments in a week.Comment -
What did he say?
That's because the old ones are yet to be addressed/answered.
Believe it or not, some of us would be happy to abide by whatever decision SBR saw fit to take - I certainly would - but this thread smacks of SBR wanting to protect a sponsor book, irrespective of whether he has a legitimate beef or is just another shot taker. As it stands, nobody knows because nobody wants to investigate, which seems strange for a book mediation service.Comment -
rumnblack- What questions do you want answered? I'll tell you their response if I remember what they said.Comment -
Why don't you guys just give SBR 10 concise questions? Hedgehog fills his posts up with so much garbage that no one is going to read it.Comment -
Raiders, you are known across many many forums as someone who does nothing but post and hijack serious threads for your own amusement because you have very little in your life. Out of respect to the original poster I'm out, not getting drawn into e-wars with you as a diversion simply because you want to post your assinine shit here instead of players talk.
Hope the OP gets a hearing regardless of the outcome.Last edited by rumnblack; 12-04-12, 08:56 PM.Comment
