BetIslands to close with player funds

[slyone66]

SBR Store will send out all the prizes.

[Bumble29]

You clearly vouched for him and you can see your quote all over these BI related threads. Not that you have any pull in this industry, but I find it kind of ironic you mention BP. He was let go from BP and JustBet and stole both databases to start the BI skin with Jazz. You already understood his sorted history yet you vouched for him anyway. You were specifically told in the past about his nature, yet you and SBR turned your backs to it. The SBR manifesto related to scam books stinks of BI, yet SBR decided to turn a blind eye to its own reality. John, Bill, yourself and others hyper inflated the rating on a untested book ran by SSLP to profit from it. In addition, you covered up the fact he had another skin running with losers at EZ. A book that should be on the hook for providing a home for BI. You and the gang cant have it both ways hot shot. Jon actually won by scamming the so called authorities of offshore wagering. Congrats SSLP. Sucks for all the people left behind with empty pockets especially since the so called experts were warned a long time ago.

Justin7 knew everything, its pretty obvious but he was assured that he would be paid and they let him continue to hammer their 1/2 point and huge bonuses which for even a coin flipper would make you profitable especially if your bankroll was big enough.

He was most likely paid most of his balance in order to keep him quiet. Lets be honest Justin7 is not rich, 80 grand is necessary money to him.

Honestly he is the only person involved with SBR that I can stand and most of his work has been fair and well done but he got caught in the greed like the other idiots. He is now posting cryptic messages all over trying to save face and I dont doubt he may be keeping quiet because he is still owed a portion of that balance and SBR_John has promised to pay it out.

[tto827]

Justin7 knew everything, its pretty obvious but he was assured that he would be paid and they let him continue to hammer their 1/2 point and huge bonuses which for even a coin flipper would make you profitable especially if your bankroll was big enough.

He was most likely paid most of his balance in order to keep him quiet. Lets be honest Justin7 is not rich, 80 grand is necessary money to him.

Honestly he is the only person involved with SBR that I can stand and most of his work has been fair and well done but he got caught in the greed like the other idiots. He is now posting cryptic messages all over trying to save face and I dont doubt he may be keeping quiet because he is still owed a portion of that balance and SBR_John has promised to pay it out.

Any validation of the bolded statements? you know what happens when you assume........

[Bumble29]

Any validation of the bolded statements? you know what happens when you assume........

I am not privy to his bank account so no. However based on the information I have seen and the ability to use deductive reasoning these conclusions are accurate.

If I see information that proves them incorrect I will admit I was wrong. However based on the statements on SBR along with Justin7's statements other places, the statements I made are the most logical conclusions.

I feel for the guy but it is clear he is trying to protect his money and reputation. He posts at another forum all of us know about and yet claims he is being censored here while posting cryptic bullshit over there. Says he is hearing different information than posters who have been right on the money before and yet even with an outlet to post this information does not do it even though he says he put in his resignation and hates where SBR is going.

You want to get your reputation back, screw the money and blow this shit up. Every sheep in the forum would bow to you.

[tto827]

I am not privy to his bank account so no. However based on the information I have seen and the ability to use deductive reasoning these conclusions are accurate.

If I see information that proves them incorrect I will admit I was wrong. However based on the statements on SBR along with Justin7's statements other places, the statements I made are the most logical conclusions.

I feel for the guy but it is clear he is trying to protect his money and reputation. He posts at another forum all of us know about and yet claims he is being censored here while posting cryptic bullshit over there. Says he is hearing different information than posters who have been right on the money before and yet even with an outlet to post this information does not do it even though he says he put in his resignation and hates where SBR is going.

You want to get your reputation back, screw the money and blow this shit up. Every sheep in the forum would bow to you.

J7 is walking a fine line, seems like a good guy, but pissing off people in the industry would be a bad idea for him. It'll be interesting to see how this all falls.. BTW appreciate the thought out logical response, lots of people are just making ludicrous statements with nothing to back them up, and then becoming defensive.

[Bumble29]

J7 is walking a fine line, seems like a good guy, but pissing off people in the industry would be a bad idea for him. It'll be interesting to see how this all falls.. BTW appreciate the thought out logical response, lots of people are just making ludicrous statements with nothing to back them up, and then becoming defensive.

I understand where Justin7 is at for sure, he has been the only one on this site for credibility for a long time and personally I really only came here to read his rulings in dispute cases, always found them interesting.

I started posting to see what kind of response I would get to the contradictions posted by the guys running this place, clearly they learned there are people on this board way sharper than them and thus they shut up.

Honestly though it seems like the guys running this place have never taken a business, marketing, or pr class as I could have spun this in a whole different direction than they did.

Their first mistake was having too many people comment on the issue and a few of them destroyed any hope of saving face withing the first day or two, most notably Bill as he tried to deflect blame at every turn even contradicting his own employees only to be proving a liar within a few hours.

If SBR had given myself or others with the same skills all the facts before commenting I guarantee we could have them looking spiffy right now and already have some form of a bailout in place. Sure no way I am getting someone to take on some of the bigger accounts or the bonus fiends who are probably banned from 99% of books for multi accounting but I could get the 30% who are legit taken in a couple days at a decent rollover easy.

[SlickRick1382]

Been away for the holidays, any recent developments?

[tto827]

Been away for the holidays, any recent developments?

EZ street bailing out the squares.... Don't take it seeing as it is the same management group.

[pjesnik24]

Jon, I know you're still reading. You have the choice to send me my balance immediately, because it is clear that you have the money, or suffer the consequences. I'll leave it up to you to decide if that's an empty threat or not. If I don't have it in two days that will be your answer.

is this guy Jon still alive?

[bubba]

an SBR made book. without SBR betislands was nothing. unlike other highly rated books that went bellyup, this book was nothing if sbr werent in bed with them. i still wonder how much sbr made off betislands? enough to cover what % of the STOLEN player funds?? sbr "has blood on their hands" from this one. at best, they were grossly, grossly negligent.

[Isaiah]

an SBR made book. without SBR betislands was nothing. unlike other highly rated books that went bellyup, this book was nothing if sbr werent in bed with them. i still wonder how much sbr made off betislands? enough to cover what % of the STOLEN player funds?? sbr "has blood on their hands" from this one. at best, they were grossly, grossly negligent.

Bump. This thread should be kept active in perpetuity.

[TheMoneyShot]

an SBR made book. without SBR betislands was nothing. unlike other highly rated books that went bellyup, this book was nothing if sbr werent in bed with them. i still wonder how much sbr made off betislands? enough to cover what % of the STOLEN player funds?? sbr "has blood on their hands" from this one. at best, they were grossly, grossly negligent.

There's no denying what happened.

As an owner... we all make mistakes.

Lesson learned.

[bubba]

There's no denying what happened.

As an owner... we all make mistakes.

Lesson learned.

Saying SBR made "a mistake" is being extremely favorable to them. i hope you are saying that trusting sbr was a mistake. sbr enabled a robbery to happen. they promoted this book that was nothing without them. they gave it a B+ rating or whatever it was, despite it being in 0 position to be so. Sbr had to know this. If they didnt know this, the whole rating thing is a guess which is even worse.

I lost about 45k there (dont remember the exact numebr but pretty sure it was 44-50). it has hurt my life in more ways i can describe. I have no idea how much SBR made from betislands advertising for a year plus or whatever it was. But the fact that they didnt give that money to the players, still shocks me to this day. IF they made 500$ or 10,000 or 50000 it should have been divided and given to the players that they screwed. 90%+ of the money that went into that book would not have gone in without sbrs recommendation. This was not wsex or cascade. this book came from sbr. It was practically born on this forum

[TheSchafe]

Wow, what a bump. This was SBR's 9/11...everything changed after this. Sorry to all the guys who had that fukk Jon Kreta rob them blind...I hope he got his. Never thought I'd see a book chageback on its customers.

[TheMoneyShot]

Saying SBR made "a mistake" is being extremely favorable to them. i hope you are saying that trusting sbr was a mistake. sbr enabled a robbery to happen. they promoted this book that was nothing without them. they gave it a B+ rating or whatever it was, despite it being in 0 position to be so. Sbr had to know this. If they didnt know this, the whole rating thing is a guess which is even worse.

I lost about 45k there (dont remember the exact numebr but pretty sure it was 44-50). it has hurt my life in more ways i can describe. I have no idea how much SBR made from betislands advertising for a year plus or whatever it was. But the fact that they didnt give that money to the players, still shocks me to this day. IF they made 500$ or 10,000 or 50000 it should have been divided and given to the players that they screwed. 90%+ of the money that went into that book would not have gone in without sbrs recommendation. This was not wsex or cascade. this book came from sbr. It was practically born on this forum

I didn't intend on favoring SBR with that statement. I'm also very sorry to hear about the $ you lost.

I remember how the book was being pushed.

[Isaiah]

Saying SBR made "a mistake" is being extremely favorable to them. i hope you are saying that trusting sbr was a mistake. sbr enabled a robbery to happen. they promoted this book that was nothing without them. they gave it a B+ rating or whatever it was, despite it being in 0 position to be so. Sbr had to know this. If they didnt know this, the whole rating thing is a guess which is even worse.

I lost about 45k there (dont remember the exact numebr but pretty sure it was 44-50). it has hurt my life in more ways i can describe. I have no idea how much SBR made from betislands advertising for a year plus or whatever it was. But the fact that they didnt give that money to the players, still shocks me to this day. IF they made 500$ or 10,000 or 50000 it should have been divided and given to the players that they screwed. 90%+ of the money that went into that book would not have gone in without sbrs recommendation. This was not wsex or cascade. this book came from sbr. It was practically born on this forum

At a minimum SBR should comp every victim of the scam with a PRO membership for a year. Wouldn't cost them much and would be a class move. At least it would be an attempt to salvage some of the good will they lost as a result of their promotion of Bet Islands. They've handled the debacle abysmally from the
start and the resultant public relations nightmare is well deserved.

[rpesi9955]

Sorry to all those who lost out. I myself feel for them because I'm stuck with a very large balance at Sportsbook.ag not knowing if I'll ever get my whole balance withdrawn.

[whareouttogetme]

Wow this is fuckin sickening to read

[FreeFall]

Ahh yes the betisland scam. Glad people haven't forgotten that.

[Krheigle]

Hey guys im new to this thred. What was sbr's rating on the book ?

[SBRMAN23]

ahh yes the betisland scam. Glad people haven't forgotten that.

#neverforgetbetislndscam

[pjesnik24]

Hey guys im new to this thred. What was sbr's rating on the book ?

I think it was B

[Krheigle]

The only people who truly know is the accounting department. Peopl forget Enron's bonds were rated AAA before they went out

[Krheigle]

This is sickening. But with being a B rating you cant place blame on SBR in my opinion. Just a sickening situation for everyone involved. Dang.

[pjesnik24]

This is sickening. But with being a B rating you cant place blame on SBR in my opinion. Just a sickening situation for everyone involved. Dang.

Actually you can. Betislands was B because od their strong financial backing according to SBR and SBR was the only reason anybody ever heard about them

[Krheigle]

I feel for everyone involved. Truly.

[TheSchafe]

The more I think about it, the more it makes sense... JJ = BetIslands Jon. He was off the forum when the shit hit the fan, I believe

[MoneyLineDawg]

Saying SBR made "a mistake" is being extremely favorable to them. i hope you are saying that trusting sbr was a mistake. sbr enabled a robbery to happen. they promoted this book that was nothing without them. they gave it a B+ rating or whatever it was, despite it being in 0 position to be so. Sbr had to know this. If they didnt know this, the whole rating thing is a guess which is even worse.

I lost about 45k there (dont remember the exact numebr but pretty sure it was 44-50). it has hurt my life in more ways i can describe. I have no idea how much SBR made from betislands advertising for a year plus or whatever it was. But the fact that they didnt give that money to the players, still shocks me to this day. IF they made 500$ or 10,000 or 50000 it should have been divided and given to the players that they screwed. 90%+ of the money that went into that book would not have gone in without sbrs recommendation. This was not wsex or cascade. this book came from sbr. It was practically born on this forum

That sucks man....How much did you actually "lose" or give to the site vs money you won?

Hard for me to put any kind of big money offshore after this disaster

[Kindred]

If you try to start a thread on covers about one of the MANY books they promoted that went under with player funds you will get banned.

SBR has let this thread live on and isn't banning anyone

[BigBlueNYG]

Lol they aren't banning anyone just laughing cause they made money while everyone else suffered, this site is a joke, watchdog my ass. Sites like Americas Bookie which are half decent get no love bc they don't pad SBRs bank account. This site is good for one thing and one thing only, to read other users experiences with books

[Isaiah]

Lol they aren't banning anyone just laughing cause they made money while everyone else suffered, this site is a joke, watchdog my ass. Sites like Americas Bookie which are half decent get no love bc they don't pad SBRs bank account. This site is good for one thing and one thing only, to read other users experiences with books

The irony is that SBR likely made additional money from the increased traffic the scam generated on their website. If memory serves the threads in which the victimized vented created tens of thousands of hits.
Nice numbers to show potential advertisers.

Disgusting.

[Isaiah]

If you try to start a thread on covers about one of the MANY books they promoted that went under with player funds you will get banned.

SBR has let this thread live on and isn't banning anyone

They didn't ban anyone because they loved the increased traffic the swindle generated for them. Traffic = advertising revenue.

[Caip34000]

This is simply a joke sbr should really start to take responsibility

[pjesnik24]

Betislands reminded me od those rookie sportbook projects that towforum had and they all went down but one. However that guy from tow (Roberto?) had some kind of insurance for the players

[evo34]

It really wasn't SBR's fault as much as it was the legion of jackass posters defending Jon/BI (by bashing those with negative opinions or info.) long after the writing was on the wall.

E.g., http://www.sportsbookreview.com/forum/sportsbooks-industry/1720378-betislands-new-information-p2.html#post14771952

http://www.sportsbookreview.com/foru...l#post16255942

http://www.sportsbookreview.com/forum/sportsbooks-industry/2000180-i-am-leaving-betislands.html#post16668710