BetIslands to close with player funds

[PaperTrail07]

**************.com just sent me an E-mail....LOL....they want my account balance and ID#....

[PaperTrail07]

Scooter....wrong...its a warning to others not to keep 45K in an offshore book.....be real

[PaperTrail07]

am erica s book ie .com

[Cicima6709]

Ryan told me that he is confident that he will find financial backing...

So all hope is not lost yet.

[SamDiamond]

This is awesome.

At 10PM last night, SBR was telling us to see where the process would lead.

15 hours later, shop is closed, players screwed.

But hey, the sponsored a free contest.

[cloverfield]

Ryan told me that he is confident that he will find financial backing...

So all hope is not lost yet.

isn't this the same guy that was "working to get payments via P2P out yesterday"?

[Kindred]

JJ Gold saw this coming and wanted no association with a forum that gave the thumbs up to a shop on the verge of implossion.

Then why didn't he say anything dikwad?

And why would he go to a forum that promotes scam books like oddsmaker futurebet scum ya fukkin clown.


Go home and get ur fukkin shine box ya wannabe

[PPH]

Ryan told me that he is confident that he will find financial backing...

So all hope is not lost yet.

Ryan also was saying yesterday that Jon was going to pay everyone. SBR is claiming that Jon is no longer with the company. So which Jon was Ryan speaking with? Ryan is complicit in all of this also by perpetuating the lie to each and every account holder knowing full well that nobody was getting paid for weeks. It isn't like 1.5 million just met rollover in the last 7 days. This storm has been brewing for a long time.

[Kindred]

Ryan told me that he is confident that he will find financial backing...

So all hope is not lost yet.

I've never seen a shop fold up b4 the end of football season. Playoffs, bowl games, super bowl..hope he isn't just trying to keep the doors open to collect deposits from the BI customers who don't frequent the forums.

[HedgeHog]

I'm hearing that SBR knew of this shiit 6-8 weeks ago. Instead of warning their forum, as a watchdog site should do, they instead keep BI a B Book. They know that BI's backing was going south and they keep up the rating anyway to buy some needed time. Jon tries to shop BI around to EZ/7Red but says just the opposite--BI is supposedly purchasing them. SBR is in on the lie but chooses to do nothing (except collect a few more months of revenue). That's the version I'm hearing. Pretty fukking disgusting.

[PPH]

I'm hearing that SBR knew of this shiit 6-8 weeks ago. Instead of warning their forum, as a watchdog site should do, they instead RAISE BI to a B Book. They know that BI's backing was going south and they bump up the rating anyway to buy some needed time. Jon tries to shop BI around to EZ/7Red but says just the opposite--BI is supposedly purchasing them. SBR is in the lie but chooses to do nothing (except collect a few more months of revenue). That's the version I'm hearing. Pretty fukking disgusting.

Exactly right - It is common knowledge down here in CR that the original backers left BI a few weeks ago.

[Trident]

Ryan told me that he is confident that he will find financial backing...

So all hope is not lost yet.

SBR reporting 1.5 million owed to players, no book or investor would touch this money pit.

[MadTiger]

You think God condones illegal gambling?

[#666]
The Divine ---------- -infinity
The field ------------ +infinity

[Frogger]

Last week things looked bad and everyone including SBR sounded like they waited for the magical Monday to come and see what happened. When BetIslands didn't come through we saw them lower from "B" to "C" late last night.

Today SBR says BetIslands is toast.

I'm sure SBR was making money on BI and didn't want them to fail. BI was still not rated A+ and everyone knew they had only been around a year or so. If there is a better watchdog for sportsbooks out there, then send me the link, because I haven't seen one that is even close.

[Scooter]

"The BetIslands rating is a joke and more or less fraud. The book is paying well because of partnership now with SBR, who still only rates them a B but gives them a banner doesn't comment on them much but allows their forum to be infested with BetIsland shills. The real deal behind that book is Jon essentially doesn't exist. Jon formerly used the name Nick and managed two different shops SBR has rated D-. He then became Jon when moving to WagerChief brand and SBR helped build him up. When he lost that position he continued the sell and took over BetIslands.

SBR pulled a stunt. BetIslands was rated D with other Jazz sites. With it being an unknown tiny book, they just deleted all reference of it for a few months. Then they initiated them at C- on March 22, 2011. The forum shills started with a bad group but Jon is the man and kept repeating it.

It took less than 8 months to go from C- to B.

11/03/2011 06:57 PM CST
BetIslands upgraded from B- to B
08/04/2011 03:05 PM CST
BetIslands upgraded from C+ to B-
06/21/2011 12:26 PM CST
BetIslands upgraded from C to C+
05/17/2011 08:00 PM CST
BetIslands upgraded from C- to C
03/22/2011 06:21 PM CST
BetIslands - SBR initiates rating coverage at C-

SBR would have a tough time selling this book so the ghost just do it. Granted while Jon has been there everything has been fine, but this was just a take over a dead brand and was the continuation of the fabricated Jon character SBR helped sell when he was with WagerChief."




GoDeVILS - Where did this quote come from?

Can you provide the url or link?

[bobbywaves]

I can't believe some of you actually still think Ryan will make something happen... come on now.. only reason he is answering chat and phone is because he knows he will not get his pay so he is just try to collect as much as dep possible to receive and run... I will give me at most 3 more days before we see him disappear like Jon.

You're full of crap. Just spoke with Ryan & he's not even accepting deposits, concentrating on payouts first.

[MadTiger]

I've never seen a shop fold up b4 the end of football season. Playoffs, bowl games, super bowl..hope he isn't just trying to keep the doors open to collect deposits from the BI customers who don't frequent the forums.

The phone and internet bill are already paid. It doesn't cost them much in wages to have someone accept deposits from some unwary soul who doesn't know what's up. Hell, people were using fake names and checking on depositing this morning! "Business as usual."

A smaller percentage of online betters frequent forums than you would ever imagine.

[MadTiger]

You're full of crap. Just spoke with Ryan & he's not even accepting deposits, concentrating on payouts first.

If someone who knows what's up asks him, then that's what he would say. But what has been happening when randoms, or someone in the know posing as a random, has inquired?

Not arguing, so don't bother. Just read, and think. Calm down. Breathe.

[bobbywaves]

sweep said something smelled fishy. but 3 weeks before that, they were blacklisted by "bangthebook", who said there was no money to pay anyone at betislands.

Why didn't you share this vital information earlier? You could have saved some people $

[gwills]

I got a very curious phone call from someone who is a VERY FAMOUS GAMBLER for particular reasons yesterday regarding BetIslands. If anyone else knows what I'm talking about and wants to discuss it, PM me.

He said he called "several guys"

[HedgeHog]

Not even a fukkin apology from SBR, unless I missed it. And where's the old man himself--isn't the captain supposed to go down with the ship? He's probably already in the life boat with the woman and children...and Lou.

[bostonboss]

i tried telling all of you that jon was a fraud and the book was a joke...everyone jumped all over me......now you see...he spent all your money on christmas parties and himself.

[PaperTrail07]

boston..nobody listens....just tell the few that listen...the rest might work for BI lol

[JohnGalt2341]

Ryan Rossi: Hello Grant
Ryan Rossi: how can I assist you?
Grant: So, news is now yall closing?
Grant: http://forum.sbrforum.com/sportsbook...yer-funds.html
Ryan Rossi: Nope, I'm working on helping clients.
Grant: ok...

Wonder if there is any truth to this AT ALL...probably not.

I had almost the exact same conversation. He told me that they don't have a Processor at the moment but he's working on it.

[cloverfield]

i tried telling all of you that jon was a fraud and the book was a joke...everyone jumped all over me......now you see...he spent all your money on christmas parties and himself.

the problem is that it's very common on the forums for people who are disgruntled to come on and claim people/books are corrupt for their own personal reasons. so people hear it so much that they don't believe it when it's actually true.

if we went off of every negative thread we would literally not have a book in existence that isn't corrupt. everyday it's "5Dimes sucks, Tony is corrupt, Heritage sucks, Bookmaker is going under, etc etc etc."

people goto a book and demand a non-deposit freeplay and if they don't get it they come on here saying "xxxxx sucks and is having major problems".. 4-5 weeks ago 90% of the people would agree BetIslands was one of the best books around...

[bostonboss]

mark my words...before jan 1st the website will be down.....the phones disconnected.....poof all gone....

[bostonboss]

i never had an account there...i researched their limits....the racebook......and i determined they were a joke book....ive had many discussions with jon privately asking if he would change this or that.....without taking one bet from me he declared me a sharp and didnt want my action.....what kind of professional shop does this?

[JJJ]

How is Ryan gonna help clients he is a 20 some year old kid working phones at a sportsbook and on live chat prob makes 8 dollars an hour anyone who thinks he is gonna bail out clients are the same people defending the 100 threads that betislands sucks over the last 2 months....

[bostonboss]

and btw i am not a sharp....just dont like low limits and limited wagering possibilities

[JJJ]

i was cautioned when I had to argue with Jon and that other charcter that worked there over an 1800 payout during baseball season they tried offering me some type of rollover and bonus if i kept my payout in and than when i received the payout it was 2 different money orders and than some cash it was weird

[bostonboss]

jon will resurface somewhere else with another fraud sportsbook...he will pay sbr for a good rating....and this will happen again.

[PPH]

jon will resurface somewhere else with another fraud sportsbook...he will pay sbr for a good rating....and this will happen again.

Exactly right - How many sportsbooks has this kid failed with? Anyone have the list for this Jon, John, Nick, SSLP cat? I will start with what I know of:

Betislands
Betsportsweb

I know there are others out there.

[bostonboss]

wager chief, jazz

[relaaxx]

got this from american bookie today---------


We are warning all of our players, that BetIslands Sportsbook is no longer solvent. Player are estimated to loss balances, in the amount of 1.5 million dollars.

SBR REPORTED - Betislands Is Officially Done
We finally talked with everyone involved. Unfortunately this looks like it is about to end badly for players. This came to be because BI lost it's financial backer and the people left could not make it . READ MORE
If you are an active player, with *************** and had funds in your accounts, contact us by email, with your Bet Island account ID, and Balance.

Enjoy the thrill of betting sports online, or by phone, with a company that prides itself on offering great bonuses, fast payouts and the best customer service in the industry... guaranteed!

Sincerely, Your Bookie

[HedgeHog]

am erica s book ie .com

What have you got to lose at this point? AB does pay from my experience and if they offer you a bailout, take it. SBR can't/won't do anything for you.