1. 06-01-11 01:09 AM #1
    Nicemove
    Nicemove's Avatar Become A Pro!
    Join Date: 03-31-11
    Posts: 20
    Betpoints: 42

    Is my money still safe in sportsbooks?

    I been reading the recent news and it seems like the Feds are hitting up poker sites pretty hard. To be honest I am a little concern that they may be going after sportsbooks as well. Should I withdraw my money and take the safe route? Or do you think sportsbooks will be spared. I have accounts with 5dimes and BetPhoenix.
    Reply With Quote Reply With Quote
  2. 06-01-11 01:20 AM #2
    sneak-a-peak
    sneak-a-peak's Avatar Become A Pro!
    Join Date: 11-07-09
    Posts: 1,373
    Betpoints: 12

    its never safe

    see wsex threads
    Reply With Quote Reply With Quote
  3. 06-01-11 01:25 AM #3
    mr.inpak
    mr.inpak's Avatar Become A Pro!
    Join Date: 12-13-09
    Posts: 448
    Betpoints: 127

    I would say yes with A rated books I believe even if they shut down they will still return your money
    Reply With Quote Reply With Quote
  4. 06-01-11 01:30 AM #4
    70kgman
    70kgman's Avatar Become A Pro!
    Join Date: 01-31-10
    Posts: 4,354
    Betpoints: 1895

    I have been getting bombarded with emails from books over the last week or so looking for deposits, which I pretty much never got before. Coincidence? Making me kind of nervous.
    Reply With Quote Reply With Quote
  5. 06-01-11 01:34 AM #5
    Delicious
    Delicious's Avatar Become A Pro!
    Join Date: 04-26-11
    Posts: 1,004
    Betpoints: 1857

    The extra risk adds to the excitement.
    Reply With Quote Reply With Quote
  6. 06-01-11 06:18 AM #6
    Stumpage
    Update your status
    Stumpage's Avatar Become A Pro!
    Join Date: 09-21-05
    Posts: 2,905
    Betpoints: 13676

    Yes, but needless to say this is not the case if you're with crapass books. As for your current books stated, I wouldn't worry at all about your 5Dimes account. As to BetPhoenix, they're nowhere near the book they were even a year and a half ago.....
    Reply With Quote Reply With Quote
  7. 06-01-11 06:37 AM #7
    HedgeHog
    HedgeHog's Avatar SBR PRO
    Join Date: 09-11-07
    Posts: 10,118
    Betpoints: 17057

    Quote Originally Posted by Delicious View Post
    The extra risk adds to the excitement.
    I long for the boring old days.
    Reply With Quote Reply With Quote
  8. 06-01-11 06:43 AM #8
    mikeanite
    mikeanite's Avatar Become A Pro!
    Join Date: 04-13-10
    Posts: 475
    Betpoints: 582

    ya i've been getting a lot of calls from the under B+ rating books lately
    Reply With Quote Reply With Quote
  9. 06-01-11 07:40 AM #9
    John Dough
    John Dough's Avatar Become A Pro!
    Join Date: 09-21-05
    Posts: 1,785
    Betpoints: 10136

    Quote Originally Posted by hedgehog View Post
    i long for the boring old days.
    +1000000
    Reply With Quote Reply With Quote
  10. 06-01-11 07:45 AM #10
    William415
    William415's Avatar Become A Pro!
    Join Date: 05-29-11
    Posts: 15
    Betpoints: 1

    as long as you opt not to withdrawal your money is safe.
    Reply With Quote Reply With Quote
  11. 06-01-11 08:09 AM #11
    DIF
    DIF's Avatar Become A Pro!
    Join Date: 08-30-05
    Posts: 648
    Betpoints: 0

    That is a very good question.
    Reply With Quote Reply With Quote
  12. 06-01-11 10:05 AM #12
    wiffle
    wiffle's Avatar Become A Pro!
    Join Date: 07-07-10
    Posts: 610
    Betpoints: 13

    Quote Originally Posted by William415 View Post
    as long as you opt not to withdrawal your money is safe.


    withdrawal is not a verb!!!!!!!!!!!!!!!!!!!!!!!!!!!
    Reply With Quote Reply With Quote
  13. 06-01-11 03:37 PM #13
    Nikfrio
    Nikfrio's Avatar Become A Pro!
    Join Date: 04-16-11
    Posts: 261
    Betpoints: 9

    Your money is safe if you avoid shady books
    Reply With Quote Reply With Quote
  14. 06-01-11 03:44 PM #14
    Hareeba!
    Hareeba!'s Avatar Become A Pro!
    Join Date: 07-01-06
    Posts: 33,287
    Betpoints: 20531

    Quote Originally Posted by Nikfrio View Post
    Your money is safe if you avoid shady books
    not if they keep your money in accounts within reach of Uncle Sam

    (or with Bodog, if you happen to reside in the wrong State)
    Reply With Quote Reply With Quote
  15. 06-01-11 04:28 PM #15
    venice2222
    venice2222's Avatar Become A Pro!
    Join Date: 06-04-10
    Posts: 414
    Betpoints: 2354

    you could always find a local bookie.
    Reply With Quote Reply With Quote
  16. 06-01-11 04:46 PM #16
    PoweRay
    PoweRay's Avatar Become A Pro!
    Join Date: 09-07-10
    Posts: 417
    Betpoints: 1

    Yep, thats whats good about credit accounts, they can't steal your post-up money.
    Reply With Quote Reply With Quote
  17. 06-01-11 04:55 PM #17
    relaaxx
    relaaxx's Avatar SBR PRO
    Join Date: 06-15-06
    Posts: 3,271
    Betpoints: 14062

    never was safe. your money is not as safe as it once was. take it out of BP. 5dimes is safer than BP. we are all waiting to see what happens next.
    Reply With Quote Reply With Quote
  18. 06-01-11 05:18 PM #18
    djefferis
    djefferis's Avatar Become A Pro!
    Join Date: 08-16-08
    Posts: 1,187
    Betpoints: 437

    Safe as safe as it is in a bank, no

    Safe as in safe as it is in your wallet walking through the ghetto..yes, about that safe.
    Reply With Quote Reply With Quote
  19. 06-01-11 05:19 PM #19
    djefferis
    djefferis's Avatar Become A Pro!
    Join Date: 08-16-08
    Posts: 1,187
    Betpoints: 437

    Safe as safe as it is in a bank, no

    Safe as in safe as it is in your wallet walking through the ghetto..yes, about that safe.
    Reply With Quote Reply With Quote
Top
« Previous Thread | Sportsbooks & The Industry | Next Thread »