EZ Street's "Bailout" of BetIslands: Doing the Math

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  • raiders72001
    Senior Member
    • 08-10-05
    • 11109

    #106
    Originally posted by BranchDavidian
    Which is it?
    You are so damn slow. EZStreet is not related. I don't read SBR that much. I just started again recently. When I say everyone, I'm pointing to other forums.
    Comment
    • raiders72001
      Senior Member
      • 08-10-05
      • 11109

      #107
      Originally posted by BranchDavidian
      Bill and Justin said BI and 7red had no connection right up until Jon admitted it. But would you mind explaining why you put so much effort into denying that there is a connection between BI and EZ? Especially after the whistle blowers ( who now have been proven right about everything else ) claim they are? What reason can you put forth for this belief? I actually wish you were right, then I might have some hope of getting some of my money back.
      You're right. I shouldn't put effort in denying the connection. My opinion is they aren't, besides sharing office space, and I could be wrong. GL getting some money back.
      Comment
      • Derp
        SBR High Roller
        • 04-20-12
        • 102

        #108
        EZthief is holding BI player funds that they accepted through their processor once BI moved into their office. All these BI problems started after they moved in with these thieving crooks. BI agreed to pay off Corey1111's debt as part of the deal so EZ could start advertising with SBR and other forums. BI Jon has obviously made many bad decisions but the biggest was when he stupidly sold out his players to a gang of manipulating thieves when he made the deal with EZ. There might have been 8-10 employees handling the CS, Sales and Management for 3 "different" books all sitting side by side working in the same office. Not rocket science but rather the only obvious conclusion if you have been following events from the beginning. It is all in the public forums. Only a fool would entertain the thought of accepting this offer, stay away.
        Comment
        • raiders72001
          Senior Member
          • 08-10-05
          • 11109

          #109
          Originally posted by Derp
          EZthief is holding BI player funds that they accepted through their processor once BI moved into their office. All these BI problems started after they moved in with these thieving crooks. BI agreed to pay off Corey1111's debt as part of the deal so EZ could start advertising with SBR and other forums. BI Jon has obviously made many bad decisions but the biggest was when he stupidly sold out his players to a gang of manipulating thieves when he made the deal with EZ. There might have been 8-10 employees handling the CS, Sales and Management for 3 "different" books all sitting side by side working in the same office. Not rocket science but rather the only obvious conclusion if you have been following events from the beginning. It is all in the public forums. Only a fool would entertain the thought of accepting this offer, stay away.
          They wouldn't be able to throw up a banner at SBR. Their rating isn't high enough.
          Comment
          • raydog
            SBR Hall of Famer
            • 11-07-07
            • 6984

            #110
            and ez already advertises at other forums... and the other places that were bashing bi a long time ago where pissed because they were stiffing on affiliate money...when actually the affiliates werent doing their part to bring in the players they said the would...still not cool to stiff.

            bd, dont lump me into some sort of a group that you think is against players man...i was only asking serious questions so i could get your full take...there are so many threads and so many opinions from pissed off guys and a lot of stuff gets lost in translation for me, especially since i didnt get fukked like you guys... nobody posting here is working with sbr or any other place, just seems like some stuff isnt as clear cut as some think it is... also, read that other thread where i mentioned someone should talk to sbrjohn and see if he will honor some sort of guarantee on you guys future deposits that will go into whatever book that ends up offering something to the players (and hopefully there will be one) ...

            believe me, i understand everyones concerns about a possible bailout deal with EZ... i just dont necessarily think think its as clear cut as them trying to pull a double heist... hope there is good news after the new year.
            Comment
            • HedgeHog
              SBR Posting Legend
              • 09-11-07
              • 10128

              #111
              Originally posted by raiders72001
              They wouldn't be able to throw up a banner at SBR. Their rating isn't high enough.
              That's a simple fix--SBR could raise them to a B rating and then accept payola (ad revenue) to have the banner here. It wouldn't be the first time that a subpar Book got a generous rating here. That said, I don't foresee an EZ banner flying at SBR given the Cory1111/Justin7 tagteam beating they received. Too much negative history here for EZ, the brunt of which they brought upon themselves, to overcome. JMO.
              Comment
              • FilL IVY League
                SBR High Roller
                • 10-27-12
                • 180

                #112
                Originally posted by HedgeHog
                If you're one of the "lucky" ones that gets a "bailout" email offer from EZ, do yourself a favor and just delete it. Even if you could be assured that EZ will pay upon completion of your rollover, a likely stretch, you still stand to lose more money.

                The offer: You get 100% of the BI balance stolen from you by their buddies in return for a 50% matching deposit and a 15x rollover on ALL of it.

                So say the Average Joe lost $1000 when BI fukked him over. He would now have to send $500 to EZ to get the $1000 back, in return for a 15x RO on everything, or $22,500 in action. Assuming Average Joe is a 50% player, he 'll have $11,250 in winners as well as losers, so the juice on losses costs him $1125. Now his $1500 starting balance is down to $375. And since he sent $500 new money, the "bailout" has cost him an additional $125.

                So the Average Joe can expect to lose roughly 25% on any new money sent in. Thanks, but no thanks.
                Thanks BIG Bro, love your ICON too bad the vikings had to rain on there parade, Im from Chi Town and was cheering the packers on, Lovie's got to go
                Comment
                • eastern2
                  SBR Sharp
                  • 02-24-12
                  • 448

                  #113
                  Got a call from Ben at BI errr I mean David at EZ regarding bailout.... Amazing how they sound identical lmfao
                  Comment
                  • BranchDavidian
                    SBR MVP
                    • 08-29-10
                    • 1014

                    #114
                    Originally posted by raydog
                    and ez already advertises at other forums... and the other places that were bashing bi a long time ago where pissed because they were stiffing on affiliate money...when actually the affiliates werent doing their part to bring in the players they said the would...still not cool to stiff.

                    bd, dont lump me into some sort of a group that you think is against players man...i was only asking serious questions so i could get your full take...there are so many threads and so many opinions from pissed off guys and a lot of stuff gets lost in translation for me, especially since i didnt get fukked like you guys... nobody posting here is working with sbr or any other place, just seems like some stuff isnt as clear cut as some think it is... also, read that other thread where i mentioned someone should talk to sbrjohn and see if he will honor some sort of guarantee on you guys future deposits that will go into whatever book that ends up offering something to the players (and hopefully there will be one) ...

                    believe me, i understand everyones concerns about a possible bailout deal with EZ... i just dont necessarily think think its as clear cut as them trying to pull a double heist... hope there is good news after the new year.
                    Alright Raydog, I did get the impression when this BI stuff first went down that you and Raiders were a tag-team. SBR was remaining silent in all the bashing threads for a while, but you and Raiders seemed to be defending SBR for them - in what I thought was an indefensible position. I may have lost my objectivity along with my money. I really did come to the conclusion that both of you were, in all likelyhood, either plants sent to do the dirty work or wanna be mods. Perhaps I judged too quickly and too harshly. Sorry. I will try to regain some objectivity.
                    Comment
                    • polskboy
                      SBR MVP
                      • 01-29-10
                      • 1688

                      #115
                      Originally posted by eastern2
                      Got a call from Ben at BI errr I mean David at EZ regarding bailout.... Amazing how they sound identical lmfao
                      soon all the crooks will be changing books like underwear. american payers should just make a bank acc in europe or canada and bet my skype or phone.
                      Comment
                      • PharaohUB
                        SBR MVP
                        • 01-23-07
                        • 4865

                        #116
                        Originally posted by raiders72001
                        No one stated there was a merger. Were their lines the same?
                        I took advantage of bonus offers from a few books simultaenously during baseball season. I had money in both of these books at teh same time. EZStreet lines and BetIslands lines were almost always the same and seemed to move together.
                        Comment
                        • Robber
                          SBR Hall of Famer
                          • 10-21-09
                          • 6432

                          #117
                          Originally posted by raiders72001
                          Everyone that joined the forums in 2012 thinks that they know what they are talking about. One guy has 2 posts. lol

                          Justin said that the ownership is different.
                          Lol Justin was either lying or wrong about everything with the betislands story

                          Now you're using him to back you up? If Justin said something about bi it's almost certainly wrong

                          If Justin said they're not related only a moron would put any stock in his words
                          Comment
                          • Robber
                            SBR Hall of Famer
                            • 10-21-09
                            • 6432

                            #118
                            Originally posted by raiders72001
                            IF SBR thinks they are all related then why is EZ rated a "D" and the other two rated "F".
                            Why was bi rated a b after they stopped paying

                            Why is one vice a d-

                            Why are top euro books a c or lower


                            Because the ratings don't mean anything
                            Comment
                            • raiders72001
                              Senior Member
                              • 08-10-05
                              • 11109

                              #119
                              Originally posted by BranchDavidian
                              Alright Raydog, I did get the impression when this BI stuff first went down that you and Raiders were a tag-team. SBR was remaining silent in all the bashing threads for a while, but you and Raiders seemed to be defending SBR for them - in what I thought was an indefensible position. I may have lost my objectivity along with my money. I really did come to the conclusion that both of you were, in all likelyhood, either plants sent to do the dirty work or wanna be mods. Perhaps I judged too quickly and too harshly. Sorry. I will try to regain some objectivity.
                              I've never defended SBR in this case. I stated that SBR was wrong for the cover up.
                              Comment
                              • bettilimbroke999
                                SBR Posting Legend
                                • 02-04-08
                                • 13254

                                #120
                                My bookie stiffed me for 2k but his long lost twin brother offered me a "bailout" if Id send him 50% of the money I was owed and roll it all over 15x

                                Thoughts Raider?
                                Last edited by bettilimbroke999; 12-31-12, 05:11 PM.
                                Comment
                                • raiders72001
                                  Senior Member
                                  • 08-10-05
                                  • 11109

                                  #121
                                  Originally posted by bettilimbroke999
                                  My bookie stiffed me for 2k but his long lost twin brother offered me a "bailout" if Id send him 50% of the money I was owed and roll it all over 15x

                                  Thoughts Raider?
                                  not a good analogy.
                                  Comment
                                  • bettilimbroke999
                                    SBR Posting Legend
                                    • 02-04-08
                                    • 13254

                                    #122
                                    Originally posted by raiders72001
                                    not a good analogy.
                                    Actually its perfect
                                    Comment
                                    • HedgeHog
                                      SBR Posting Legend
                                      • 09-11-07
                                      • 10128

                                      #123
                                      Originally posted by raiders72001
                                      not good anal.
                                      Fixed your quote regarding the BI/EZ rape.
                                      Comment
                                      • bettilimbroke999
                                        SBR Posting Legend
                                        • 02-04-08
                                        • 13254

                                        #124
                                        Originally posted by HedgeHog
                                        You are correct about it being a cash bonus, that's how I read the offer too. However, you're wrong about a 200% bonus being better than nothing at all. The bonus is -EV. Assuming the BI money is gone, which it is, you're basically doing a 45x RO on anything you deposit.

                                        For a new client, this would be an inexpensive way to try out a new Book. As far as bailouts go, this is horseshiit.
                                        No offense but this is about as close to anything like a "bailout" you're going to get

                                        THE PROBLEM IS...the shitdumpcrapgarbagesistercopyscambook offering it

                                        If this was offered by 5dimes or Heritage or Bookmaker or any decent book you should jump on it instantly and thank god it was offered and go all in on your first bet and try to dump it into another book so you dont have to roll any of it over if you're lucky....but since this is EZ when it comes time to get a payout and you're back talkin to Jon Kreta or whatever the fuk his name is you're shit out of luck
                                        Comment
                                        • Speedy88
                                          SBR Posting Legend
                                          • 03-19-11
                                          • 11717

                                          #125
                                          Originally posted by bettilimbroke999
                                          No offense but this is about as close to anything like a "bailout" you're going to get

                                          THE PROBLEM IS...the shitdumpcrapgarbagesistercopyscambook offering it

                                          If this was offered by 5dimes or Heritage or Bookmaker or any decent book you should jump on it instantly and thank god it was offered and go all in on your first bet and try to dump it into another book so you dont have to roll any of it over if you're lucky....but since this is EZ when it comes time to get a payout and you're back talkin to Jon Kreta or whatever the fuk his name is you're shit out of luck
                                          I wish.....
                                          Comment
                                          • HedgeHog
                                            SBR Posting Legend
                                            • 09-11-07
                                            • 10128

                                            #126
                                            Originally posted by bettilimbroke999
                                            No offense but this is about as close to anything like a "bailout" you're going to get

                                            THE PROBLEM IS...the shitdumpcrapgarbagesistercopyscambook offering it

                                            If this was offered by 5dimes or Heritage or Bookmaker or any decent book you should jump on it instantly and thank god it was offered and go all in on your first bet and try to dump it into another book so you dont have to roll any of it over if you're lucky....but since this is EZ when it comes time to get a payout and you're back talkin to Jon Kreta or whatever the fuk his name is you're shit out of luck
                                            We're on the same page with EZ. Taking a "bailout" offer from a D Book is throwing good money after bad. I am more than willing to consider any bailout plan offered by A Books, but would hope that the deposit part would be 25% or less. I'd rather put up less money and do more rollover in return.
                                            Comment
                                            • raydog
                                              SBR Hall of Famer
                                              • 11-07-07
                                              • 6984

                                              #127
                                              Originally posted by HedgeHog
                                              We're on the same page with EZ. Taking a "bailout" offer from a D Book is throwing good money after bad. I am more than willing to consider any bailout plan offered by A Books, but would hope that the deposit part would be 25% or less. I'd rather put up less money and do more rollover in return.
                                              i can definitely understand people staying away from this bailout offer since some think they are in business with bi... but you really shouldnt bring up the rating of books when you dont trust a single thing from sbr and are very adament about it..they are better than a D... the cory fiasco caused their grade to drop... but again, since you dont trust sbr, its a bit hypocritical to say you wouldnt trust a book with a certain sbr rating...am i right?
                                              Comment
                                              • MBENZ
                                                SBR Hall of Famer
                                                • 01-07-07
                                                • 5238

                                                #128
                                                The only book rated A+ by SBR that matches up with a very trusted ratings site is 5Dimes.
                                                Comment
                                                • raydog
                                                  SBR Hall of Famer
                                                  • 11-07-07
                                                  • 6984

                                                  #129
                                                  Originally posted by MBENZ
                                                  The only book rated A+ by SBR that matches up with a very trusted ratings site is 5Dimes.
                                                  so there is another "trusted" ratings site that has 5dimes rated higher than pinnacle and bookmaker ... i think that tells you all you need to know about that "trusted" ratings site
                                                  Comment
                                                  • MBENZ
                                                    SBR Hall of Famer
                                                    • 01-07-07
                                                    • 5238

                                                    #130
                                                    Originally posted by raydog
                                                    so there is another "trusted" ratings site that has 5dimes rated higher than pinnacle and bookmaker ... i think that tells you all you need to know about that "trusted" ratings site
                                                    For U.S. players yes.You stick with SBR ratings,I'll stick with Bookmakersreview.Lets see who gets burned first.
                                                    Comment
                                                    • raydog
                                                      SBR Hall of Famer
                                                      • 11-07-07
                                                      • 6984

                                                      #131
                                                      Originally posted by MBENZ
                                                      For U.S. players yes.You stick with SBR ratings,I'll stick with Bookmakersreview.Lets see who gets burned first.
                                                      i will stick to my own personal ratings, thanks... fwiw, you should have added for u.s. players and i probably wouldnt have even responded... sbr ratings cmon mbenz...you know me better than that...hence the reason i was poking fun at HH ... if you dont trust a place who throws up As and Bs, then how do you trust them to be accurate with Cs and Ds ? you cant... was my whole point
                                                      Comment
                                                      • HedgeHog
                                                        SBR Posting Legend
                                                        • 09-11-07
                                                        • 10128

                                                        #132
                                                        Originally posted by raydog
                                                        i can definitely understand people staying away from this bailout offer since some think they are in business with bi... but you really shouldnt bring up the rating of books when you dont trust a single thing from sbr and are very adament about it..they are better than a D... the cory fiasco caused their grade to drop... but again, since you dont trust sbr, its a bit hypocritical to say you wouldnt trust a book with a certain sbr rating...am i right?
                                                        I don't need SBR ratings to know that Books like Bookmaker, Heritage and Legendz are A level, having dealt with them for the past decade or so. It's pretty much common knowledge who the the elite Books are for US players--you can count them on one hand.
                                                        Comment
                                                        • raydog
                                                          SBR Hall of Famer
                                                          • 11-07-07
                                                          • 6984

                                                          #133
                                                          of course you dont, but you keep bringing up easystreets rating like you trust that it is as shitty as a D...and besides the cory case, easy has been much better than a D... ask anyone, besides cory, that has played there the last few years... they dont pay sbr anything , so they are stuck in the shitter.... if it turns out that they are indeed in business with BI , then they can be dropped to an F or blacklisted with no complaints from anyone...until then, their sbr rating you keep harping on is pretty meaningless....i think i made my point....good luck today gents
                                                          Comment
                                                          • HedgeHog
                                                            SBR Posting Legend
                                                            • 09-11-07
                                                            • 10128

                                                            #134
                                                            Originally posted by raydog
                                                            of course you dont, but you keep bringing up easystreets rating like you trust that it is as shitty as a D...and besides the cory case, easy has been much better than a D... ask anyone, besides cory, that has played there the last few years... they dont pay sbr anything , so they are stuck in the shitter.... if it turns out that they are indeed in business with BI , then they can be dropped to an F or blacklisted with no complaints from anyone...until then, their sbr rating you keep harping on is pretty meaningless....i think i made my point....good luck today gents
                                                            Fair point, because I played with EZ some time ago and was paid promptly everytime. However, I could say the same thing about BetIslands; they paid quickly until they didn't pay at all. Further, the cozy relationship between BI and EZ at the end is very disturbing, so my opinion is that this Book can no longer be trusted. I don't trust SBR ratings anymore either (Betonline a B+ is a joke), but I happen to agree that EZ is a subpar Book (that's why I keep calling them a D Book) given recent events. BI victims would be insane to chase their losses at EZ. That's the point I hope people get, rather than getting caught up in a futile argument over SBR's dubious ratings.
                                                            Comment
                                                            • stevex
                                                              SBR Hall of Famer
                                                              • 05-02-10
                                                              • 5122

                                                              #135
                                                              Or you can not get a bailout at all....

                                                              Hmmm
                                                              Comment
                                                              • HedgeHog
                                                                SBR Posting Legend
                                                                • 09-11-07
                                                                • 10128

                                                                #136
                                                                Originally posted by stevex
                                                                Or you can not get a bailout at all....

                                                                Hmmm
                                                                If those are my only two options, I choose to eat my BI losses.
                                                                Last edited by HedgeHog; 01-04-13, 08:38 AM.
                                                                Comment
                                                                • BranchDavidian
                                                                  SBR MVP
                                                                  • 08-29-10
                                                                  • 1014

                                                                  #137
                                                                  Originally posted by HedgeHog
                                                                  If those are my only two options, I choose to eat my BI losses.
                                                                  Some of us don't even have those two options.
                                                                  Comment
                                                                  • touchback
                                                                    SBR MVP
                                                                    • 02-08-12
                                                                    • 1227

                                                                    #138
                                                                    Wait for a solid offer or none at all, throwing good money after bad is the hight of poor rational and logic... something should come along shortly. There are some difficulties because certain data is required for a fair and equitable offer that benefits both. Sheets with only logins and balances are not enough. Player action, deposit, and withdrawal histories are required for compilation and analysis for a correct assessment and classification of customers for a safe and reasonable offer. Current possesion of accurate data is of cours Jon (cheers), H and O. It is understandable that they are resistant to release but it is necessary for any real deal to go forward and of course any cooperation would be recognized and appreciated as a whole I am sure.
                                                                    Comment
                                                                    • bettilimbroke999
                                                                      SBR Posting Legend
                                                                      • 02-04-08
                                                                      • 13254

                                                                      #139
                                                                      Sometimes I think that new books like BetIslands are almost doomed to failure, all the money they have to pay in affiliate fees, huge deposit/reload bonuses, reduced juice, free 1/2 points, suck your dick on Sunday promos etc to attract customers and then they get hammered by a ton of sharps/bonus abusers...very tough to make it with this business model
                                                                      Comment
                                                                      • touchback
                                                                        SBR MVP
                                                                        • 02-08-12
                                                                        • 1227

                                                                        #140
                                                                        Originally posted by bettilimbroke999
                                                                        Sometimes I think that new books like BetIslands are almost doomed to failure, all the money they have to pay in affiliate fees, huge deposit/reload bonuses, reduced juice, free 1/2 points, suck your dick on Sunday promos etc to attract customers and then they get hammered by a ton of sharps/bonus abusers...very tough to make it with this business model
                                                                        Comment
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