Justin, how do you stay with SBR?

[JasonDC]

She has serious exotic sex appeal, I hate arrongant people such as boston.

Serious erotic sex appeal? that might be pushing it a bit, but id say for her age she is above average.

[tto827]

Monkey, SBR does NOT require anyone to sign up with any sportsbook to use their services.Does anyone have any direct proof that SBR found out about BetIsland's financial problems and then didn't disclose it to financially enrich themselves?

None has been shown. I have been asking for it for days to all the people bashing SBR. Mikeyanks DID post an email he got in the middle of November from another book stating that BI was going down (supposedly the time they started shopping their client list). So how he and other books knew, but SBR didn't is a bit concerning, but no proof to nail SBR to the coffin.

[Hankwins]

Serious erotic sex appeal? that might be pushing it a bit, but id say for her age she is above average.

I flew to vegas 4 times a month for a year in 2010 to see my iranian blackjack dealer g/f. It's a good thing people are strongly attracted to one another if it falls out what the
majority thinks, I pity them.

[The Kraken]

Anyone posting anything negative about Shari's looks is either delusional or carrying out a personal vendetta. Because that girl is at least a 10

[raiders72001]

The posters blew the call because they were jumping on the bandwagon driven by SBR. There are some posters here that have inside knowledge, and there are a few that are insightful enough to figure out which books may not be safe. But the vast majority, like myself, have no clue about any books financial or managerial standing. We USED to count on SBR for that info --- that is why we came here. Stop trying to diminish SBR's lack of due diligence by blaming ignorant posters for tailing SBR --- our supposed industry watchdog.

Books can be doctored. Many businesses go under that are a shock to the rest of the world. SBR doesn't have a crystal ball where they can be right 100% of the time considering the number of books. Lots of sites got burned, not just SBR.

[teaserpleaser]

Anyone posting anything negative about Shari's looks is either delusional or carrying out a personal vendetta. Because that girl is at least a 10

Solid LA 5.5 to a 6 imo... avg out here I like shari so no hate just is what it is. If you live in the sticks or parts of the east coast I understand how you could think she is above avg but a 10??

[Dark Horse]

Pieces of the puzzle. We'll see what the final picture looks like, but these have to be added.

I didn't expect BI to be in financial trouble, because they had low limits. I expressed this as recently as last month. Obviously, with free half points -both ways!- off 3 (for a while) and 7, high limits would have killed them.

A player can bet those irresponsible/generous offers within the system the book is comfortable with, or try to blow the book out of the water.

So you can imagine my surprise when the list shows Elihu with a 86K balance at this book; second highest at the book. ( add that to the question marks surrounding SBR). How were a few players able to circumvent limits, and why did SBR not report this, where the impact on the bottomline would have been clear to all?

A few sharps pounding a vulnerable book... Just two accounting for a 1/4 million. What would a bailout book think?

[allin1]

In case you didn't see this.

Let me clarify.

Jon was the owner, someone else was the financial backer. Jon made a lot of decisions -- the kind you'd expect from a CEO. He didn't control the lines or much of the risk management. Lines were controlled by M&M (playcr) mostly, until some point in early November (I think).

The financial backer was arrested in September. He faced further legal problems a few weeks later. At some point the backer became unable or unwilling to continue funding BI, probably due in no small part due to legal pressures in the US.

there are also some other very interesting posts daringly has made across the street.

[Dark Horse]

The financial backer is another piece shrouded in mystery. Is SBR saying that they gave the book a B rating because of the financial backer, even if (they were aware that) the book after a few years in business was not able to be profitable? Most players here would be profitable betting +108. They wouldn't need a financial backer. Did the book never have any start-up capital?

The whole financial structure in place seems to have been a joke from top to bottom. And yet the book got a B rating. Why? Because it made them a 'banner' book here, and gave SBR more cash flow as well as -yet another- cut of players lifetime losses?

[allin1]

The financial backer is another piece shrouded in mystery. Is SBR saying that they gave the book a B rating because of the financial backer, even if (they were aware that) the book after a few years in business was not able to be profitable? Most players here would be profitable betting +108. They wouldn't need a financial backer. Did the book never have any start-up capital?

The whole financial structure in place seems to have been a joke from top to bottom. And yet the book got a B rating. Why? Because it made them a 'banner' book here, and gave SBR more cash flow as well as -yet another- cut of players lifetime losses?

Everybody knew their offers were dangerous for their safety but they kept letting sharps have the better of them. Was it because they were stupid or because they actually wanted to leave with all the money, so they wanted those sharps with larger deposits than average on board? I believe it was a scam from day one.

When Justin7 pointed out their vulnerabilities on the forum, sbr lou said that everything is ok. Why did he do that? Was he just plain stupid or did sbr have their reasons? I don't think sbr guys are that stupid, because even if they were, they would have thought twice at what justin7 was pointing out, considering that he is smarter by far. I think they just had their agenda in place. Not looking good.

[lyon804]

Justin7 I have read is a 'contract employee' of SBR and Lou is just a $11.00 an hour employee being told what to do by John and Dozer. Quite honestly from what I have dug up on Justin7 I am shocked he is associated with SBR.

[Dark Horse]

Everybody knew their offers were dangerous for their safety but they kept letting sharps have the better of them. Was it because they were stupid or because they actually wanted to leave with all the money, so they wanted those sharps with larger deposits than average on board? I believe it was a scam from day one.

When Justin7 pointed out their vulnerabilities on the forum, sbr lou said that everything is ok. Why did he do that? Was he just plain stupid or did sbr have their reasons? I don't think sbr guys are that stupid, because even if they were, they would have thought twice at what justin7 was pointing out, considering that he is smarter by far. I think they just had their agenda in place. Not looking good.

That seems plausible. Removing low limits while offering -2.5/+3.5 and -6.5/+7.5 was a scam. If so, that would make the financial backer dropping out a questionable story or smoke screen.

[allin1]

Justin7 I have read is a 'contract employee' of SBR and Lou is just a $11.00 an hour employee being told what to do by John and Dozer. Quite honestly from what I have dug up on Justin7 I am shocked he is associated with SBR.

I can understand why. There has always been a clear difference between him and sbr.

some quotes from Justin from down the street

Re: BetIslands. That thread started November 6th. That was right about the time all the red flags started going up. I am trying to find out how much were made in deposits from that time until December 18th, 2012.

SBR is a news organization. If you withhold information, you must "do no harm". There are situations where withholding the news of BetIslands collapse may be reasonable if it was properly executed, and Betislands properly overseen from that point on. I don't think this happened. I am trying to get BI's deposit info during that time period. It is my hope that if SBR didn't properly handle things from that point, they will make it right with those players that deposited afterwards.

Re: Censorship. No, I don't feel the same way. SBR has been much more aggressive in censoring/banning those with dissenting opinions, including myself.

SBR has the potential to do much good, and are still a player's best chance. I'm not sure I like the direction they are headed though, and I am ready to do other things with my time... More time on sports betting and other activities.

[bostonboss]

She has serious exotic sex appeal, I hate arrongant people such as boston.

hankwins...i hope santa brought you a pair of glasses and a little taste this christmas

[Dark Horse]

Justin, haven't heard from you for a while. Are you being censored? What are you doing about the theft of your funds? Think we can talk straight, without the little bloodhound sent in here to diffuse the topic?

[stepanko86]

Justin, haven't heard from you for a while. Are you being censored? What are you doing about the theft of your funds? Think we can talk straight, without the little bloodhound sent in here to diffuse the topic?

This Justin wrote to me about that that will help in washes a question is relative nonpayments of my money by the betfair company. I wrote that will help. Passed already long time and it was gone.

[HedgeHog]

Justin, haven't heard from you for a while. Are you being censored? What are you doing about the theft of your funds? Think we can talk straight, without the little bloodhound sent in here to diffuse the topic?

Justin resigned--couldn't stand the stench which is now SBR.

[slash]

This Justin wrote to me about that that will help in washes a question is relative nonpayments of my money by the betfair company. I wrote that will help. Passed already long time and it was gone.

This is all Greek to me... Can't you reply in Russian instead?

[KGambler]

Pieces of the puzzle. We'll see what the final picture looks like, but these have to be added.

I didn't expect BI to be in financial trouble, because they had low limits. I expressed this as recently as last month. Obviously, with free half points -both ways!- off 3 (for a while) and 7, high limits would have killed them.

A player can bet those irresponsible/generous offers within the system the book is comfortable with, or try to blow the book out of the water.

So you can imagine my surprise when the list shows Elihu with a 86K balance at this book; second highest at the book. ( add that to the question marks surrounding SBR). How were a few players able to circumvent limits, and why did SBR not report this, where the impact on the bottomline would have been clear to all?

A few sharps pounding a vulnerable book... Just two accounting for a 1/4 million. What would a bailout book think?

People were not circumventing limits. Where are you getting that from? Don't confuse the issue by making shit up.

Letting people bet $1K on as many games as they want, with a free half point is going to result in massive losses (for the book). You don't need to be betting $10K a game to have an $86K balance. Look at it this way... if you have $40K in the book you can bet $50K in individual wagers (some on Wednesday and Thursday night ncaaf/nfl/nba/ncaab) every week. That's like $2,500 in EV PER WEEK. That doesn't even get into the other weaknesses the book had. You didn't have to bet huge, just often. It was very easy to get big volume on +EV bets on BI.

Also, didn't you know that you could call on the phone and bet more than $1K? Strangely, this is the only part of the operation that I ever observed showing any kind of risk management. I called up wanting to bet more on a major NCAAF game... the guy looked at my balance, laughed and said "no way they ever let you bet over the limit". That actually reassured me, because it was the ONLY time I had seen any kind of risk management from BI. It was the dumb kind (shouldn't turn down action on major NCAAF game), but at least they were trying.

The book was run like a joke. It might not have started as a straight scam, but by the end it definitely was a straight scam.

[KGambler]

Everybody knew their offers were dangerous for their safety but they kept letting sharps have the better of them. Was it because they were stupid or because they actually wanted to leave with all the money, so they wanted those sharps with larger deposits than average on board?

I agree with this... they didn't limit sharp action this season because they were running the book like a ponzi scheme at that point. They didn't need sharp to deposit though... just to not start large withdrawals. If you had a big balance and they shut down your half point promo, cut your limits, etc., what are you gonna do? Are you gonna leave 5 figures on a site where you can't bet much? You will immediately start requesting multiple $5K checks. They didn't have they money to pay, so they just let the players run up monopoly money balances at that point.

[Dark Horse]

Justin resigned--couldn't stand the stench which is now SBR.

Official?

That finishes off the last strand of credibility. Now players can count on a former clueless poster - Crazy Lou - to stand up for them. GL with that. lol

[The Kraken]

Is Crazy Lou the same as CrazyL? Crazy gonna crazy

[HedgeHog]

Official?

That finishes off the last strand of credibility. Now players can count on a former clueless poster - Crazy Lou - to stand up for them. GL with that. lol

Yes, gone for over a week now. Posters with legit sportsbook complaints will suffer greatly from his absence.

[Dark Horse]

Yes, gone for over a week now. Posters with legit sportsbook complaints will suffer greatly from his absence.

No question. This opens the door to scammers even more. Hate to say it, but they won.

[Dark Horse]

I understand what you're saying KGambler, but have you considered the possibility that the financial backer may have pulled out when he saw too much of a relationship between SBR and BI? What would you think, if you were such a backer, and you saw a known pro gambler (possibly with higher limits), and SBR employee, basically steal money through ridiculous free half points that went both way on the same bet (unlike at Wagerchief, btw) off the 3 and 7? Isn't is possible that the financial backer felt scammed by the same BI/SBR cooperation as players now?

[ChewFu]

So Justin7 is no longer affiliated with SBR?

Sad day. Was great to have someone on the forum who didn't simply follow the party line and generally stuck to his guns. Would feel much better having him going in to bat for me than any of the remaining staff.

Have watched the BI debacle unfold from afar given I have no financial interest in things. Can't understand the SBR apologists. At the very least, SBR was negligent in allowing players to continue to sign up when it ought reasonably to have known that BI was in trouble. Are we honestly to believe that an industry authority who had previously talked up the good standing of the book's backer/CEO had NO idea that things were going pear-shaped?

[flyingillini]

Justin is still with SBR he and his law firm name is still on the SBR page in the disclaimer.

[touchback]

J7, your participation is required with or without SBR. Your and stand up guy from what I have seen over the years... what, do I have to hit your cell phone in your pocket. I can and I have in the past whether you know it or not. Dont dive into the pile of crap you do not necessarily deserve.