Legends Sports player balances to be assumed

[cloverfield]

after someone is fortunate enough to meet the rollover, payout problems in 1..........2...................

[MBENZ]

did ANYBODY request a payout the day of or after that happened?

cant imagine everybody just rolled the dice hoping nothing was going to happen...or maybe they did ask and they werent processing them anymore

I took a cash payout last week because I was leary of a check.Couldn't get entire balance in cash and at the time trusted they wouldn't go under.Read somewhere where the checks put out last week are bouncing like rubber balls.

[5mike5]

I took a cash payout last week because I was leary of a check.Couldn't get entire balance in cash and at the time trusted they wouldn't go under.Read somewhere where the checks put out last week are bouncing like rubber balls.

at least u got out what u could and recieved some of it...hopefully more did as well

and now i wonder how the bouncing checks will get made right?....what a mess....

[offshoreguy]

They aren't an a book if they can get busted.

Well for American punters there is no such thing then

[Smoke]

Well for American punters there is no such thing then

5dimes, heritage, carib, others

[5mike5]

yeah there are books that owner-operators arent dumb enough to come to the states

[CanuckG]

Not surprising to see this is how it was resolved. Sad.

[James D]

When I heard 2x rollover I actually had hope for a positive outcome for you guys. 10x with WW? Yeah thats reasonable. I wonder what the exact date will be that WW starts stiffing the 5% of players that get thru the rollover. I am sure we will read about it here and elsewhere.

Really feel for you guys, I still think about Bubba and other victims of BI every once in a while. So sickening

[High3rEl3m3nt]

This is the kind of deal that you would expect in a bailout. Seems as though Legends is using the "bust" as cover to cut a deal that nets them a huge chunk of profit. WW can accept the deal because they are guaranteed profit for the quarters on the dollar deal, from their end.

Also, while I believe that SBR knows more than they let on, I do not think Shari knows more than the next poster. Shari is quick to bite and doesn't respond under the cloak of a generic handle. Often, she comes across as someone who knows something, but it's only fair to reiterate her context within SBR. She is a mod and a gambler.

[Chi_archie]

Come on. Read the first paragraph: "having player funds assumed by an A rated sportsbook."

Not too hard to check SBR's list to see who's on it.

not too hard at all

[ApricotSinner32]

This is the kind of deal that you would expect in a bailout. Seems as though Legends is using the "bust" as cover to cut a deal that nets them a huge chunk of profit. WW can accept the deal because they are guaranteed profit for the quarters on the dollar deal, from their end.

Also, while I believe that SBR knows more than they let on, I do not think Shari knows more than the next poster. Shari is quick to bite and doesn't respond under the cloak of a generic handle. Often, she comes across as someone who knows something, but it's only fair to reiterate her context within SBR. She is a mod and a gambler.

Bingo legendz walking away with majority of cash paid wagerweb a small percentage to give the players a 10x rollover bailout a book my ass sbr continue the good work.

[Cuse4tw]

wow.....really feel for any people with $$ there....sounds like legends walking away with a lot of $$$


10x rollover??????? WAGER WEB????


CHEERS!

[mighty maron]

Unfuckingreal. Glad I don't use sbr's ratings as a guideline for what book to play at. Do your own research people sbr does not have your best interest at heart. They even deleted my betphoenix thread about complimenting their payout speed because phoenix does not pay sbr. SBR will be gone soon anyway place is way past its prime as far as everything. Walker is cashing out soon thats a lock.

Once walker cashes out than shari will be working at a penetrating hot dog stand in melbourne for the aussie open.

I saw this thread...I did not read it but I was aware of it's existence.

The usual suspects will put the blame on threads or posts dealing with methods of payouts have been asked to be deleted by the sportsbooks

[raydog]

i think people are greatly underestimating how bad wagerweb is fukking people.. legends isnt walking away with a ton of money while the u.s. govt. is on the hunt for a billion.

[Scorpion]

http://www.betlegends.eu/letter/index.html

[gauchojake]

Good lawyers cost money. Can't be using that money to pay players.

[Bandito97]

When you say there license was revoked....

What about other U.S. facing books that operate in Panama? What will happen with them? Or were they the only one in Panama?

BetOnline operates out of Panama also

[mighty maron]

BetOnline operates out of Panama also

Betonline while they claim to have never stiffed customers has frequently exceeded cashout times posted on their own site.....

[Bandito97]

WagerWeb rated C-, what happened to A book taking over?

Thank goodness I left only 1 cent in my balance. I had no idea this was coming and am glad it came out before i could deposit again. It wasn't a great book by any means. Casino sucked and no live betting and etc...

[The Kraken]

i think people are greatly underestimating how bad wagerweb is fukking people.. legends isnt walking away with a ton of money while the u.s. govt. is on the hunt for a billion.

Shari mentioned book #2, so I assume Legendz was working with another book (besides WW) trying to secure a deal with them. For some unknown reason, Legendz decided to go with WW. Maybe it was the best deal or only deal at that time. But you are correct, WW is giving it to them dry. Unfortunately, they have all the leverage. Players either take the deal or lose their money.

Unless SBR could work a deal with another book that they deem A or B rated, just for SBR players and with better terms.

Then again, Legends may be unwilling to transfer to any book other than WW.

Sounds like these guys are stuck between Drinkers Penis and Smokers Penis

[yisman]

That link isn't working for me.Could you copy and paste the content please?

it was an e-mail address, not a link

WagerWeb rated C-, what happened to A book taking over?

Thank goodness I left only 1 cent in my balance.

So if you bet a dime, you've completed rollover.

[BigDeem5]

BetIslands and Legends both mickey mouse shops, while I'm over at BetRevolution.. rofl.

5 Dimes, Heritage, YouWager, DSI/Bookmaker only good ones left.

[CanuckG]

BetPhoenix is solid too. It's where the "players play"

[ApricotSinner32]

betphoenix underrated shop.

[Mikeyanks23]

betphoenix underrated shop.

without a doubt

[stevex]

betphoenix underrated shop.

That entire BetPhoenix family of books is A+ in my opinion.

[Bandito97]

Youwager licensed and gov't regulated? Costa Rica does not offer gaming licenses and is not gov't regulated.

[lecubs28]

That entire BetPhoenix family of books is A+ in my opinion.

lol

when someone is talking about a scambook, you know it won't be too long before stevex is on the case to report about "lightning fast payouts" "going out like clockwork" at "a+ books!"

cmon man! everyone know betphoenix and betmania are run by the two biggest scumbag costa ricans in town. get with it.

[MUHerd37]

10X play-through is fukkin ridiculous. Maybe I should pull my money out of 5Dimes, Bookmaker, Heritage, and Pinnacle. Getting an A rating from SBR seems to be the kiss of death.

[PassTheDutchie]

Shari mentioned book #2, so I assume Legendz was working with another book (besides WW) trying to secure a deal with them. For some unknown reason, Legendz decided to go with WW. Maybe it was the best deal or only deal at that time. But you are correct, WW is giving it to them dry. Unfortunately, they have all the leverage. Players either take the deal or lose their money.

Unless SBR could work a deal with another book that they deem A or B rated, just for SBR players and with better terms.

Then again, Legends may be unwilling to transfer to any book other than WW.

It seems to me Legends already had a back-up plan with an A rated book that fell through.
From the clues on this forum you would think either Heritage (weird login story) or Chris/Bookmaker.

It could have gone wrong because the heat Legends is getting from the feds is not worth the player list or because they pressured Legends to compare their client list to their own and came to the conclusion that there was too much overlap for it to be worth it. Possibly a combination of both.

With only 3 or 4 good books out there, the chance of A rated books already having (most of) the players on their list (either active or passive) becomes bigger and bigger. Normally you would not hand out this list until after you make a deal and it is the risk of the new book that they might have doubles, but with Legends not having any time to negotiate I can see that they might have had to give them a list of names for the other book to check.

This will become a bigger problem as more books need a bailout. Why would Cris/Bookmaker bail out anyone?
Everytime something happens people tell everyone that they should have been playing there anyway.

That is beside the work that goes in to exporting/importing these accounts + their history and adjusting your calllcenter/support center to handle the new wave of players calling in. Handling double accounts that you have, etc.

Let alone that you will have to risk your current processors (your life line) with accounts that you have no accurate history on, that might have feds account in there as well.

Depending on the number of post up players, way not worth the trouble for most A books if you add it up.

This is all besides the fact if the deposited money is actually there of course.

[stevex]

lol

when someone is talking about a scambook, you know it won't be too long before stevex is on the case to report about "lightning fast payouts" "going out like clockwork" at "a+ books!"

cmon man! everyone know betphoenix and betmania are run by the two biggest scumbag costa ricans in town. get with it.

You must NOT like making money...

And get off my nuts, I'm giving my honest opinion about books I play at. Such a tool.

[Cuse4tw]

its just nice to know SBR is out there looking out for us....they are the watchdog this industry needs. An absolute unblemished record and have always given warnings to players with balances at sponsors in trouble.

thank you SBR, for looking out for our community

[Kindred]

I'm not affected by this but read the front page..and it's disgusting. Wagerweb only caters to recreational players and you have to agree to those terms before placing a bet with your monopoly money that requires a 10x rollover..who decides which players are "recreational"? Let me guess, the guys who still have some cash left after 10x roll and request a payout will be labeled pro, syndicate.

There is absolutely no excuse for a post up book to go bust. Legends was well aware of the risk involved with their business, and the post up was in Panama. There is no excuse not to have funds available to cover post up deposits. You can't use the feds as an excuse to steal player funds, that's bullshit.

BetEd used the same excuse to steal player balances and SBR called them on it..and Beted was a sleazy book. Now A rated books are going to use the same excuse to steal player funds???

Why even bother playing offshore if "reputable" A rated books are going to steal your money as soon as the feds give them an excuse..fuuk that shit

[The Kraken]

I tried reading your post Kindred but I kept looking back at your avatar, so I gave up after the third word.

[lecubs28]

[QUOTE=touchback;18419368]

This is getting bad. Who's next?

My educated and biz informed guess is SBG is going to make some type of move soon.... lets sit back and see shall we...

touchback you're not allowed to receive pm's that's some bs. what's going on with sbg? should they be avoided?