Legends Sports player balances to be assumed

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  • manny24
    SBR Posting Legend
    • 10-22-07
    • 20046

    #351
    would like to hear from sbrgaby on this issue

    gaby hold me tell me the players will get paid

    gaby you are hotter than 3 cats in a clothes dryer

    gaby betlatina would like to offer you a position or two
    Comment
    • rcene
      SBR MVP
      • 12-28-12
      • 3036

      #352
      Originally posted by Microphone
      They said A rated book. You Wager is not an SBR A rated book. How tough is this?
      Guess you can't fukkkking read.

      I said You wager because I just joined there. I do not give a shit which A rated book it is, as I already got all my cash out of Legends. Did so the day after the story broke.

      This week I started a thread here on You wager. Got good feedback, signed up and they have awesome lines for baseball
      Comment
      • Microphone
        SBR MVP
        • 01-08-08
        • 2950

        #353
        Originally posted by rcene
        Guess you can't fukkkking read.

        I said You wager because I just joined there. I do not give a shit which A rated book it is, as I already got all my cash out of Legends. Did so the day after the story broke.

        This week I started a thread here on You wager. Got good feedback, signed up and they have awesome lines for baseball

        Post 345 was in response to post 344, not anything you said, so yes I can "fukkkking" read. Maybe you should take all your awesome line winnings and buy the latest version of hooked on phonics.
        Comment
        • rcene
          SBR MVP
          • 12-28-12
          • 3036

          #354
          Originally posted by Microphone
          Post 345 was in response to post 344, not anything you said, so yes I can "fukkkking" read. Maybe you should take all your awesome line winnings and buy the latest version of hooked on phonics.
          Which was in response to my post.

          So go fukk yourself
          Comment
          • Microphone
            SBR MVP
            • 01-08-08
            • 2950

            #355
            My apologies I'm wrong on that, you're right it's 343 and it was something you said.

            I'm not doubting your opinion of YouWager. I'm just stating they said "A" rated which at this time it is not.


            Sorry again.
            Comment
            • Ballpark
              SBR High Roller
              • 08-19-06
              • 174

              #356
              So what's the latest?
              Does anyone with any inside info know what's going on?

              Legends own statements says funds are safe and secure,
              emails witihin 48 hours how to activate new accounts etc..
              But earlier on it has the word "negotiating".
              So are Legends making the players feel safe without
              any actual concrete arrangment?

              And where did this 2x rollover come from?
              If Legends are still "negotiating" then how can they
              or anyone know it will be 2x rollover (although frankly I would
              take that in a pinch at the moment).

              Someone must know something about what is going on...
              Comment
              • ZetaPsi808
                SBR Posting Legend
                • 09-18-08
                • 12119

                #357
                k its been over 48 hours and still not update...
                Comment
                • erickvivar
                  SBR Sharp
                  • 05-21-10
                  • 293

                  #358
                  Im certain setting this up will take a bit longer than 48 hours, so lets dont panic, there should be some news by Monday I hope.
                  Comment
                  • ChewFu
                    SBR Hustler
                    • 05-26-10
                    • 58

                    #359
                    24-48 hours was only possible if this was anticipated and a contingency plan was ready to be executed at the drop of a hat.

                    It's going to take ages. They've not even secured a book to transfer to, so the whole "your funds are safe" line is by no means a guarantee. I'll be writing the cash off until I have it in my bank account.
                    Comment
                    • djefferis
                      SBR MVP
                      • 08-16-08
                      • 1187

                      #360
                      Does it suprise anyone the 48 hour deadline came and went really...

                      A. This is a complex deal, someone is going to be paying alot for what are for all intents player leads ..active and not.

                      B. We are now in the slow season, if anyone assumes these clients...they are taking a huge risk.

                      C. Most likely, the book handling will pass through risk to legends ownership...they will be the processor/portal you log into...but legends clients remain legends.

                      D. Most importantly..how do we know legends is honorable? Quit taking wagers becsuse of no license.. why not just pick up and move to CR vs close...they went to Panama 10 years ago overnight...granted a different time, but still can be done I would think. How do we know legends funds arent sitting in Cyprus right now on lockdown and earning a negative 40 percent return instantly.

                      I had 2 bucks in my acct..feel for anyone who had more. Bottom line, when a book says all is well...nothing to see here, cash ASAP. Its a sign of issues...5d has had hiccups from time to time, but you dont see Tony releasing. statements.
                      Last edited by djefferis; 04-19-13, 09:52 AM.
                      Comment
                      • davidchong
                        SBR MVP
                        • 02-10-06
                        • 1806

                        #361
                        Originally posted by MBENZ
                        Does anybody have a link to as why Legends lost it's gaming license?Was it because of pressure from U.S. on Panama?
                        Gaming Board give enough time to Legendz for withdrawl money from Panama, revoke is based on violation on article 81 - cluase 6: Una advertencia por parte det Administrador/ Operador, dirigida al jugador en la que se indique que en algunas legislaciones se encuentra prohibido realizar y captar apuestas a traves de Sistemas de Juegos de Comunición electrica. (Nov. 2002).
                        Comment
                        • davidchong
                          SBR MVP
                          • 02-10-06
                          • 1806

                          #362
                          but there no official statement from the board with the revoke of the license. (article 81 is possible)
                          Comment
                          • raiders72001
                            Senior Member
                            • 08-10-05
                            • 11057

                            #363
                            Originally posted by High3rEl3m3nt
                            Ray,

                            14k does not mean chit. SBR and the forums built this book...it's so obvious. How many posters joined Legends sponsored contests over the years and created an account? How many posters used Legends as their go pro book, because they had already had accounts with reputable books? Legends and SBR are interconnected and Legends couldn't have survived without the forums. Maybe now they can, because there's only a few left standing, but back then, books like Legends had zero chance of increasing their market share by outcompeting the heavyweights.
                            SBR didn't build Legends. You guys are funny. Most players don't even know about SBR.
                            Comment
                            • raiders72001
                              Senior Member
                              • 08-10-05
                              • 11057

                              #364
                              If microsoft goes under, do you guys want answers to that too? SBR has no pull here. Anyone can get an affiliate deal. Just start a website and slap up a banner.
                              Comment
                              • David Purdum
                                SBR Rookie
                                • 04-14-13
                                • 9

                                #365
                                Originally posted by davidchong
                                but there no official statement from the board with the revoke of the license. (article 81 is possible)
                                David ... Could you clarify what article 81 is? Thanks.
                                Comment
                                • davidchong
                                  SBR MVP
                                  • 02-10-06
                                  • 1806

                                  #366
                                  Originally posted by David Purdum
                                  David ... Could you clarify what article 81 is? Thanks.
                                  basically bookies cant take bets on prohibited jurisdiction...
                                  adding. gaming board said there no formal order from usa to hold money of legendz.
                                  Comment
                                  • Ballpark
                                    SBR High Roller
                                    • 08-19-06
                                    • 174

                                    #367
                                    No one working at Legends CS anymore?
                                    All shut down?
                                    Comment
                                    • shaunovery
                                      SBR Posting Legend
                                      • 11-15-07
                                      • 18143

                                      #368
                                      been 4 days now since legends say we will let you know 24-48 hrs looks like stake it and run with our balances
                                      Comment
                                      • Ballpark
                                        SBR High Roller
                                        • 08-19-06
                                        • 174

                                        #369
                                        To be fair it's more like 50 to 52 hours since the news broke.
                                        Comment
                                        • raydog
                                          SBR Hall of Famer
                                          • 11-07-07
                                          • 6984

                                          #370
                                          Originally posted by shaunovery
                                          been 4 days now since legends say we will let you know 24-48 hrs looks like stake it and run with our balances
                                          notifications were on the site wednesday... so actually, its barely over 48 hours... personally, i would like to see them pick up and move the operation...if that is a possibility, its going to take some time.

                                          raiders, its comical...people think Legends is BI 2.0 and was built by the forum...they dont realize they are almost twice as old as sbr either, i guess... i hate to argue with anyone who is worried about their money, but for some reason i cant help but try to correct the misinformed.
                                          Comment
                                          • raiders72001
                                            Senior Member
                                            • 08-10-05
                                            • 11057

                                            #371
                                            Originally posted by shaunovery
                                            been 4 days now since legends say we will let you know 24-48 hrs looks like stake it and run with our balances
                                            They didn't so called "run". All the money men were indicted. Maybe the funds are frozen.
                                            Comment
                                            • Smoke
                                              SBR Aristocracy
                                              • 10-09-09
                                              • 48111

                                              #372
                                              Bi 2.0
                                              Comment
                                              • MBENZ
                                                SBR Hall of Famer
                                                • 01-07-07
                                                • 5238

                                                #373
                                                A little time here is all that's needed.I don't have any worries at all that this wont be resolved.
                                                Comment
                                                • raydog
                                                  SBR Hall of Famer
                                                  • 11-07-07
                                                  • 6984

                                                  #374
                                                  Originally posted by Smoke
                                                  Bi 2.0
                                                  you motherfu#&@ker
                                                  Comment
                                                  • David Purdum
                                                    SBR Rookie
                                                    • 04-14-13
                                                    • 9

                                                    #375
                                                    Originally posted by davidchong
                                                    basically bookies cant take bets on prohibited jurisdiction...
                                                    adding. gaming board said there no formal order from usa to hold money of legendz.
                                                    Thanks. Very interesting. Appreciate the insight. Best of luck.
                                                    Comment
                                                    • raiders72001
                                                      Senior Member
                                                      • 08-10-05
                                                      • 11057

                                                      #376
                                                      Originally posted by raydog
                                                      you motherfu#&@ker
                                                      It is comical. You have to just laugh at this.
                                                      Comment
                                                      • The Kraken
                                                        BARRELED IN @ SBR!
                                                        • 12-25-11
                                                        • 28917

                                                        #377
                                                        The fact that Legendz stated the book they'll be transferring players to will be an "A" book is telling. They're using SBR's ratings as a guide to which book to transfer the funds to. Why would they even refer to SBR's ratings if very few of their players are SBR referrals?

                                                        SBRJOHN would be in a position to get some sort of kickback or % from SBR player accounts during the transfer if he were the one to put together the "bailout".

                                                        This is all speculation on my end. You know quite a bit and are connected in ways I am not so I may be off here and if that's the case, so be it. I've been wrong plenty.

                                                        I just know that this is Johns business. And it's an opportunity for him to make some money by doing very little.
                                                        Comment
                                                        • raydog
                                                          SBR Hall of Famer
                                                          • 11-07-07
                                                          • 6984

                                                          #378
                                                          i think the term "A rated" is being used, not because they have anything to do with sbr, but to try and reinforce security of funds in the minds of players and let them know they are being transferred to one of the industries best books... does not every review site use A-F anyways? its just their way of saying we arent sending your acct. to Lenny... god i hope they arent sending the accts to Lenny
                                                          Comment
                                                          • High3rEl3m3nt
                                                            SBR Hall of Famer
                                                            • 09-28-10
                                                            • 8022

                                                            #379
                                                            Originally posted by raiders72001
                                                            SBR didn't build Legends. You guys are funny. Most players don't even know about SBR.
                                                            Not single-handedly, obviously, but they certainly played an important role. If you are a gambler, 99.99% of the terms of you enter into a search engine get you to SBR. SBR has played an important role in helping Legends get business.
                                                            Comment
                                                            • High3rEl3m3nt
                                                              SBR Hall of Famer
                                                              • 09-28-10
                                                              • 8022

                                                              #380
                                                              " I think the term "A rated" is being used, not because they have anything to do with sbr, but to try and reinforce security of funds in the minds of players and let them know they are being transferred to one of the industries best books... does not every review site use A-F anyways? its just their way of saying we arent sending your acct. to Lenny... god i hope they arent sending the accts to Lenny"
                                                              Originally posted by SBR Forum
                                                              Legends Sports (SBR rating A+) gaming license has been revoked in Panama. As a result, Legends has ceased accepting wagers and is in the process of implementing their contingency plan having player funds assumed by an A rated sportsbook. Players will be contacted within 48 hours with new account information. A minimal 2X play-through will be required prior to any cashout. This balance takeover is for players that held deposited funds with Legends; not users that had private arrangements.
                                                              Comment
                                                              • raiders72001
                                                                Senior Member
                                                                • 08-10-05
                                                                • 11057

                                                                #381
                                                                Originally posted by High3rEl3m3nt
                                                                Not single-handedly, obviously, but they certainly played an important role. If you are a gambler, 99.99% of the terms of you enter into a search engine get you to SBR. SBR has played an important role in helping Legends get business.
                                                                SBR wasn't important at all. Only the start up books care about the forums. Years ago, prior to SBR, the forums were important to the books. This was prior to 2005 and the RX was the primary forum that the books targeted. SBR must have done a great job with SEO.
                                                                Comment
                                                                • raiders72001
                                                                  Senior Member
                                                                  • 08-10-05
                                                                  • 11057

                                                                  #382
                                                                  Originally posted by High3rEl3m3nt
                                                                  " I think the term "A rated" is being used, not because they have anything to do with sbr, but to try and reinforce security of funds in the minds of players and let them know they are being transferred to one of the industries best books... does not every review site use A-F anyways? its just their way of saying we arent sending your acct. to Lenny... god i hope they arent sending the accts to Lenny"
                                                                  SBR had no idea that the money men, agents and runners were going to be indicted. They don't have a crystal ball. It's not due to a lack of funds.
                                                                  Comment
                                                                  • RonPaul2008
                                                                    SBR Hall of Famer
                                                                    • 06-08-07
                                                                    • 6741

                                                                    #383
                                                                    Originally posted by shaunovery
                                                                    been 4 days now since legends say we will let you know 24-48 hrs looks like stake it and run with our balances
                                                                    No, it's been a bit over 2 days....maybe 52 hours. Still, it's been over the 48 hours......what is going on?
                                                                    Last edited by RonPaul2008; 04-19-13, 01:05 PM.
                                                                    Comment
                                                                    • raiders72001
                                                                      Senior Member
                                                                      • 08-10-05
                                                                      • 11057

                                                                      #384
                                                                      Originally posted by RonPaul2008
                                                                      No, it's been a bit over 23 days....maybe 52 hours. Still, it's been over the 48 hours......what is going on?
                                                                      The indictment was filed on March 20.
                                                                      Comment
                                                                      • RonPaul2008
                                                                        SBR Hall of Famer
                                                                        • 06-08-07
                                                                        • 6741

                                                                        #385
                                                                        Originally posted by raydog
                                                                        i think the term "A rated" is being used, not because they have anything to do with sbr, but to try and reinforce security of funds in the minds of players and let them know they are being transferred to one of the industries best books... does not every review site use A-F anyways? its just their way of saying we arent sending your acct. to Lenny... god i hope they arent sending the accts to Lenny
                                                                        The feds could have done something useful and went after "Lenny" instead.
                                                                        Comment
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