1. #1
    Ballpark
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    Hertiage/Covers/BetED - What's the Real Story?

    So Covers now say that Hertiage wanted to bailout BetEd, but
    BetED lawyers told BetED management to turn it down and lay low for a while.

    Hertiage are saying that no talks or deal ever took place.

    Covers are saying Hertiage are just trying to back away from any involvement.

    Some posters at Covers are accusing Covers of a smokescreen,
    whilst most seem to be accepting this story, and Covers seem to be off the hook.

    Does anyone at SBR know the real story behind this?

  2. #2
    HedgeHog
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    I would believe Heritage over Covers.

  3. #3
    KEdge2k
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    This covers poster doesn't buy their story. It just doesn't add up if you ask me.

  4. #4
    pokerplayer22
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    Heritage is an invite only book. Why would they all of a sudden want 5,000 new players when they've never wanted this many new players in the past, especially when in this case where all these new players would already start with a balance? There is no shot they were in talks with beted.

  5. #5
    HedgeHog
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    ^ Exactly

  6. #6
    noyb
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    Quote Originally Posted by pokerplayer22 View Post
    Heritage is an invite only book. Why would they all of a sudden want 5,000 new players when they've never wanted this many new players in the past, especially when in this case where all these new players would already start with a balance? There is no shot they were in talks with beted.
    they did buy bethorizon not long ago, so they seem to be on the offence. i have no idea who offered or didn't offer what nor do i care, but the above argument seems a bit speculative.

  7. #7
    HedgeHog
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    Quote Originally Posted by noyb View Post
    they did buy bethorizon not long ago, so they seem to be on the offence. i have no idea who offered or didn't offer what nor do i care, but the above argument seems a bit speculative.
    This is the very reason I believe Heritage did not make an offer. Heritage is about slow, sustained growth. The purchase of Horizon leads me to believe they have more than enough on their plate right now. Also, although Heritage is very generous with its current clients, there is very little upside with them bailing out BetEd. Finally, just consider Covers' obvious motive to deflect blame from one of their advertisers going under by pointing elsewhere. Of course I'm just speculating too, but this Covers' story really smells.

  8. #8
    alling
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    looks like covers is trying to stir shit up to increase traffic. otherwise entire story is like a twilight zone episode.

  9. #9
    mtneer1212
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    Keep in mind that Covers was offering their posters access to Heritage before football season this year.

  10. #10
    beyond
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    i still believe Beted is waiting for a bailout that they can make some money out of

  11. #11
    iceminers26
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    I just read today that the tout, Teddy Covers, who Covers touted non stop the past couple years, had his house foreclosed; Covers website can't pick a fkn winner to save their lives.

  12. #12
    big joe 1212
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    why are posters still at covers?

  13. #13
    Legions36
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    Damn this whole thing is stupid.

  14. #14
    Domer
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    Quote Originally Posted by KEdge2k View Post
    This covers poster doesn't buy their story. It just doesn't add up if you ask me.
    its a mark of shame to describe yourself as a covers poster

  15. #15
    mtneer1212
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    I'm not a Covers poster in any way, but the recon intell is important on occasion

  16. #16
    Legions36
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    How do u get in trouble for your own stupidy, get offers to be bailedout to help the customers that made your business up until your stupid mistake and have the nerve to turn it down, are they really that shady.

  17. #17
    robertg
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    i don't really see what interest heritage would have with beted, and i certainly don't believe they would pay for the privilege to offer a bailout.

  18. #18
    Keith Richard
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    I would not believe anything Covers says.

  19. #19
    beyond
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    no more beted posts here and covers. looks like nobody care anymore

  20. #20
    gafl
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    Covers has no credibility at all. Sure these books are not too happy that their names are being mentioned publicly in regards to the bailout.

  21. #21
    stats13
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    covers and beted are both scams. i wonder if the feds will name covers as accomplices when the shit goes down

  22. #22
    Ballpark
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    Quote Originally Posted by beyond View Post
    no more beted posts here and covers. looks like nobody care anymore

    Exactly. Seems everyone involved is trying to
    brush the whole thing under the carpet.
    And they are getting away with it.

  23. #23
    FreeFall
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    Quote Originally Posted by pokerplayer22 View Post
    Heritage is an invite only book. Why would they all of a sudden want 5,000 new players when they've never wanted this many new players in the past, especially when in this case where all these new players would already start with a balance? There is no shot they were in talks with beted.
    Maybe because they know they are all losers?

  24. #24
    nosniboR11
    fu
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    the people that run covers should all face jail time just like these books will, piece of shit idiots overthere

  25. #25
    lt56
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    Quote Originally Posted by nosniboR11 View Post
    the people that run covers should all face jail time just like these books will, piece of shit idiots overthere
    No one should face jail time. Americans should be legally allowed to bet on offshore sportsbooks and poker sites and american banks should be allowed to process payments related to gambling. The DOJ would like nothing better than to divide and conquer. The starting point to that is to distract away from the bullshit laws and the bullshit sting operation that Homeland Security did; and to get gamblers to pick and choose who they like and hate. BetEd and Covers are not the enemy; their both victims of BS laws

  26. #26
    flyingillini
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    Completely false.

  27. #27
    Dark Horse
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    Covers 'investigations' copied and pasted that rumor from Beted. Doh.

    Covers is aiding and abetting the Beted spin machine. Complete lack of integrity.

  28. #28
    Chuck Sims
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    Quote Originally Posted by iceminers26 View Post
    I just read today that the tout, Teddy Covers, who Covers touted non stop the past couple years, had his house foreclosed; Covers website can't pick a fkn winner to save their lives.
    Teddy Covers aka "Dirty Sheets" walked away from an upside down mortgage. Its sleazy but Teddy scams for a living so it comes as no surprise.

  29. #29
    beyond
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    looks like covers admins won't update this issue anymore

  30. #30
    Legions36
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    Everytime i read there webpage on this matter i know that everything that comes put of there mouth seems to be a lie because i know some things are true for sure and they just lie and cover up still for these pieces of sh-it.

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