BetEd player makes $6,931 mistake

[wild willy]

Sorry I'm just tired I just don't think its right thats all. We get screwed by at least one team a night andthings are hard enough,and when things go right we get screwed again.

[VBOMBER]

BetEd would be smart to let Bill and Justin investigate the player to see if he has taking shots at other books. If he is clean, he should be paid or his Dad should be. The deposit appears legit and totally at risk. BetEd hung a line and accepted the bets, assuming this player and his dad have a clean history and are not involved elsewhere in scams the bets should be honored.

This would be an extremely dangerous precedent IF my assumption is correct and the father upon noticing the money being taken from his account could have filed a claim to get his $50 back and beted would have had to reimburse the bank the funds (not sure if that's how it works or not).

Assuming that's how it works, the book would be open to tons of risk of family members taking shots. Who knows, if that $50 would have been lost maybe the father would have put in a claim. If Beted opens this up as an exception then there will be all sorts of sons/fathers, brothers, sisters, etc taking shots.

Now if they set the precedent that all family member deposits are valid then they will be in tons of trouble as well. Not hard for me to find out my Dad or brother's bank information even if I am estranged from them. That doesn't seem fair to my dad or bro to make them swallow my fraud or have to try and find a remedy on their own against me just because of this book's rule (there is no way the book could get away with a rule like that and keep echeck as a deposit option).

Opening this up on a case by case basis will get ugly. Justin has said many times that people who commit fraud are very good at it, and it is very hard to catch. People will always be ahead of the curve. Plus, as much as SBR enjoys helping players, I don't think this is the type of cases they want to be investigating. Nor do I think they have the types of resources it would take to truly investigate this type of case to make any of the parties involved feel comfortable to stand by their ruling.

I feel for this player (assuming he is honest) as that is a lot of money and one hell of a run. I don't think there is any other choice but for beted to enforce this rule because once you start making exceptions you will most likely be screwed somehow.

[CS-Cedrick]

Sorry I'm just tired I just don't think its right thats all. We get screwed by at least one team a night andthings are hard enough,and when things go right we get screwed again.

Understandable, that's why you have to be one step ahead of books in those situations buddy, take my advice, inform yourself the most you can before dealing with someone so that you have something to counter with if they put in a fight.

[wild willy]

I do I deal with A+ book never a problem. I just don't understand there is what really honestly 10 A+ books and yet people still send money to these assholes

[CS-Cedrick]

That's just the way it is wild willy. The right to choose is always afflicted by the confidence of the ignorants.

[bettilimbroke999]

There are clearly obvious reasons players will signup at books rated below A+, different lines, bonuses, etc., in many cases its a reasonable tradeoff for the increased risk/hassle

The player here violated a clear rule, I dont get it why use your dad's checking account, why not just use your own, is this kid like too young to open a checkin account it only takes like 100 bucks.

I've never understood how books are able to take eChecks in the first place, seems by far the riskiest deposit method, Iwin said earlier a friend put 2k on a team by eCheck with no money in his checking account, if it won he was going to borrow the money and deposit it to cover the bet deposit if it lost he was just going to let it bounce. Needless to say with an already risky deposit method like this players should be extremely careful not to violate the rules, especially when there was no reason not to just deposit 50 into his own bank account and use his own correct info.

This is very tough b/c I always side with the player and want him to get his money especially when hes run it up to such a high balance like 7k but BetEd clearly states this rule so idk. Can the player explain why he deposited with his father's checking account instead of his own, its really strange and very dumb, if he lost his dad could say he never made the deposit, but if the total deposits were only 50 dollars I feel BetEd should pay since the risk was clearly very minimal. I just feel like this gets into very risky ground with an already very risky deposit method and books could get hosed when ppl start being allowed to use other ppls bank acct/cards to deposit

[wild willy]

I got to go to bed. But I have to say I'm a little disipointed .I honestly thought people would rally around the little guy, But I gues I was wrong. I got things to do tomorrow, but stupid me wasted a whole night thinking people would read this post and say this ain't right. I was wrong like most of my picks.BBd made a thread about a kid or a man it dosen'y really matter. That person in my eyes got ripped off. All I wanted is that all members stood up not for me or him but for themself.you see this might not effect you .So you say .who cares not my problem,lord Knows we all have are own problems. But woulden't it be nice if someone did care.
I ain't no hotshot or a great handicapper, I'm go to work Have a stupid crazy dream about making money at this,and most of all surviving. See why I care is this thay poor soul started of with $50 probally not because he was a millionaire but probally because after the fee's thats all he could afford. And for some unknown reason he turned it into almost$7000. What if it was his last shot And after all those hard years he did it, He was probally thinking I can pay him or pay that Or even pay back his best friend **** I miss him ,If I diden't owe him money. I would Have called.But its been a long time. maybe tomorrow I can pay back family and go to dinner without my head down maybeI could live normal again,do whats right, We all do the same thing send money we don't have .It's alright its good we got it now, we got it figured out . things we'll be different this time after the weekend we'll cash out pay the bills. a little extra for a treat. But how you look forward to the weekend but in reality its longer than the week.Then you go, should be easy only took you half an hour to deposit. withdrawl should take the same amount of time.same Even if it takes longer whio cares I got money now . Plans promises no problem Things will be different .no problem. and there your done $50-7000 and nobody cares. And what do you do you can't tell anybody. how many years have you beeen living a lie. so you write SBR FORUM and hope some one hears you cry.

[CS-Cedrick]

Have a good sleep wild willy, you deserve it after having the good intention of helping out the little guy, but, you cannot break a rule just because, you wouldn't give the book another chance if they robbed something out of a player in good standing. Carpe diem.

[reno cool]

I think what these books and casinos really hate is somebody buying in for a small amount and cashing out big. (except in the case of certain slots lets say) They think you're some broke low life who they don't respect. If you buy in for 10k bet big and cash out 30K that does not bother them as much. I'm guessing that has something to do with this case.

[reno cool]

This would be an extremely dangerous precedent IF my assumption is correct and the father upon noticing the money being taken from his account could have filed a claim to get his $50 back and beted would have had to reimburse the bank the funds (not sure if that's how it works or not).

Assuming that's how it works, the book would be open to tons of risk of family members taking shots. Who knows, if that $50 would have been lost maybe the father would have put in a claim. If Beted opens this up as an exception then there will be all sorts of sons/fathers, brothers, sisters, etc taking shots.

Now if they set the precedent that all family member deposits are valid then they will be in tons of trouble as well. Not hard for me to find out my Dad or brother's bank information even if I am estranged from them. That doesn't seem fair to my dad or bro to make them swallow my fraud or have to try and find a remedy on their own against me just because of this book's rule (there is no way the book could get away with a rule like that and keep echeck as a deposit option).

Opening this up on a case by case basis will get ugly. Justin has said many times that people who commit fraud are very good at it, and it is very hard to catch. People will always be ahead of the curve. Plus, as much as SBR enjoys helping players, I don't think this is the type of cases they want to be investigating. Nor do I think they have the types of resources it would take to truly investigate this type of case to make any of the parties involved feel comfortable to stand by their ruling.

I feel for this player (assuming he is honest) as that is a lot of money and one hell of a run. I don't think there is any other choice but for beted to enforce this rule because once you start making exceptions you will most likely be screwed somehow.

A person could always claim a credit card use was unauthorized. You don't need someone else. So what?

[AK]

What does Dad say?

If approved, they took the action--- PAY IT

[bettilimbroke999]

Echecks are the worst idea possible for books, this kid came up with the worst idea possible for a new player and thats to use someone else's bank account info to fund his account, this is the combination of terrible ideas resulting in a terrible outcome, the book realizes eChecks are riskier than rawdoggin a crackwhore and the player failed to realize that using other ppls bank acct info for his first eCheck deposit at a small sportsbook is dumber than taken Dallas Academy girls basketball team ML

[no chance in hell]

This is BS. I definitely won't be playing there again.

And I hope many others follow.

**** BetEd!!

Pay the man his money

[pavyracer]

I thougt we hired The General to help players resolve book thievery?

This is a perfect case to make a name for himself on his first week on the job.

[BrentCrude]

Funniest nicknames that sportsbooks,land based casinos got tagged with?Special Ed

Mistake where I posted on a thread here.Sorry!

[pokernut9999]

Last week a guy posted on here he made a deposit of 2K with an e-check and had no money in his bank account. If he won someone was to loan him moey to cover and if he lost screw the book. No telling how many e-checks bounce when people lose or credit cards get reversed.


Book has clear rules.

[Justin7]

BetEd would be smart to let Bill and Justin investigate the player to see if he has taking shots at other books. If he is clean, he should be paid or his Dad should be. The deposit appears legit and totally at risk. BetEd hung a line and accepted the bets, assuming this player and his dad have a clean history and are not involved elsewhere in scams the bets should be honored.

I looked closely at his betting pattern. He was just a gambler who got lucky - he was NOT taking a "$50 freeroll".

One minor clarification. BetED had no way of knowing that the names didn't match until the player provided ID documents for the banking account. Once he did that, BetED recognized the problem and closed the account.

[wtf]

I looked closely at his betting pattern. He was just a gambler who got lucky - he was NOT taking a "$50 freeroll".

One minor clarification. BetED had no way of knowing that the names didn't match until the player provided ID documents for the banking account. Once he did that, BetED recognized the problem and closed the account.

fuk beted

if he lost ten k and noticed that would they return it?

NONONONONO

[pavyracer]

fuk beted

if he lost ten k and noticed that would they return it?

NONONONONO

Exactly. Justin needs to find out what the policy is when the bank documents don't match the account name and the players has lost $10,000 betting. Can the actual bank account holder request a $10,000 refund for his account being unauthorised to withdrew monies?

[durito]

Exactly. Justin needs to find out what the policy is when the bank documents don't match the account name and the players has lost $10,000 betting. Can the actual bank account holder request a $10,000 refund for his account being unauthorised to withdrew monies?

the max e-check deposit before sending in your documents is $500 and you can only do one.

[Justin7]

Exactly. Justin needs to find out what the policy is when the bank documents don't match the account name and the players has lost $10,000 betting. Can the actual bank account holder request a $10,000 refund for his account being unauthorised to withdrew monies?

According to BetED, they void all bets, regardless of whether the player won or lost. In the case of a losing player, he would still receive his entire deposit back.

[SSLP]

I seriously think BETED is being shady with this , they had a full weeks time to verify were the deposit was coming from , they probably thought " oh , just a small player , he will lose soon " .

I will never play there after reading this.

[pavyracer]

.

[pavyracer]

According to BetED, they void all bets, regardless of whether the player won or lost. In the case of a losing player, he would still receive his entire deposit back.

Thanks Justin. It will be nice if they show some proof of this happening before IMHO.

[Bill Dozer]

This would be an extremely dangerous precedent IF my assumption is correct and the father upon noticing the money being taken from his account could have filed a claim to get his $50 back and beted would have had to reimburse the bank the funds (not sure if that's how it works or not).

Assuming that's how it works, the book would be open to tons of risk of family members taking shots. Who knows, if that $50 would have been lost maybe the father would have put in a claim. If Beted opens this up as an exception then there will be all sorts of sons/fathers, brothers, sisters, etc taking shots.

Now if they set the precedent that all family member deposits are valid then they will be in tons of trouble as well. Not hard for me to find out my Dad or brother's bank information even if I am estranged from them. That doesn't seem fair to my dad or bro to make them swallow my fraud or have to try and find a remedy on their own against me just because of this book's rule (there is no way the book could get away with a rule like that and keep echeck as a deposit option).

Opening this up on a case by case basis will get ugly. Justin has said many times that people who commit fraud are very good at it, and it is very hard to catch. People will always be ahead of the curve. Plus, as much as SBR enjoys helping players, I don't think this is the type of cases they want to be investigating. Nor do I think they have the types of resources it would take to truly investigate this type of case to make any of the parties involved feel comfortable to stand by their ruling.

I feel for this player (assuming he is honest) as that is a lot of money and one hell of a run. I don't think there is any other choice but for beted to enforce this rule because once you start making exceptions you will most likely be screwed somehow.

Vbomber makes some good points. The more variables involved in the deposit the less chance it stands to be good. The policy itself makes sense. SBR has verified that BetEd had the rule up for months prior.

On the other hand a good check is a good check and this scenario doesn't change a scammer's options if he loses electronic money. It wouldn't be hard for BetEd to auto-fill the name in the eCheck screen so the player can't submit a check from someone else, or cross check for info match the way that credit cards do. We spoke to some A rated books about this who said they would pay the player if they didn't see signs that the deposit may have been bad.

I remember a long-time small player bounced an eCheck at TheGreek because of a bank transfer fee on his end. Before he found out the check didn't clear he went on the roll of a lifetime winning big 5 figures. We told the player not to be optimistic because it's his responsibility to be sure the eCheck clears. The Greek saw what happened and that he was a not a scammer and gave him all of his winnings. A book can't give the benefit of the doubt like that in all cases but a good book does look at each case and applies the written rules when needed.

A fact we need to clarify in the final report is if the check did indeed clear well before the audit on winnings.

[sickler]

Sucks to get screwed on a technicality, but had I been in player's shoes, I would've known to have daddy do the cash-out.

Think people, think.

[Justin7]

I seriously think BETED is being shady with this , they had a full weeks time to verify were the deposit was coming from , they probably thought " oh , just a small player , he will lose soon " .

I will never play there after reading this.

BetED cannot verify the name until the player sends in his banking documents. He did this 10 days after his deposit, and it was promptly caught.

I have never had a case like this before. This is a truly innocent player. I looked at his wagering history and spoke to him. He really didn't know what he was doing was impermissible. I've never felt so bad in my life telling someone I can't get them paid. I spent many hours trying to find a way to get him paid with these facts, and even got Bill Dozer into the mix. But ultimately, a book risks losing its processor if it takes these kinds of deposits. Either way, someone is going to get screwed... But the rules are clear, reasonable and justified.

[SSLP]

Justin there must be something we can do , I really feel for this guy .. its every small bettors dream to cashout $7k with a $50 start .

I am truly outraged by this

[pavyracer]

Let me give you a hypothetical scenario:

I walk in Vegas casino with $50 counterfeit money that someone gave me as change earlier in the day at a gas station. I place a bet on a 10 to 1 dog. The dog wins and I go 3 hours later to collect. Can they nullify my bet after they accepted it 3 hours earlier on the presumption the money was found to be counterfeit after I left? If I produce a new legitimate $50 bill does the bet stand? Can they deduct $50 from my winnings when they pay me?

The point is once you accept the bets and the bettor wins you can't come back retroactively and void the winnings.

[SSLP]

Let me give you a hypothetical scenario:

I walk in Vegas casino with $50 counterfeit money that someone gave me as change earlier in the day at a gas station. I place a bet on a 10 to 1 dog. The dog wins and I go 3 hours later to collect. Can they nullify my bet after they accepted it 3 hours earlier on the presumption the money was found to be counterfeit after I left? If I produce a new legitimate $50 bill does the bet stand? Can they deduct $50 from my winnings when they pay me?

The point is once you accept the bets and the bettor wins you can't come back retroactively and void the winnings.

I agree with this 100 %

This is what the industry is turning into and we must really help this guy whats to stop any other B rated book to cheat a player like these guys did.

[Dark Horse]

The rules are in place for a reason. To avoid fraud. Since there was no fraud, the book is using the rules in a way that they were never intended to.

BetEd is a den of thieves. Not the first time they hide behind paperwork, and won't be the last. Despicable book.

[wtf]

justin you say the rules are justified?

i disagree, this is unethical

but these vile dogs have no ethics

fuk them, sbr should ban these guys , at least take them down a peg

[SSLP]

Downgrade at the very least along with a full article on this

[Dark Horse]

People who take the law into their own hands, as these clowns, eventually attract those who do the same.

Here's to the bullets finding their rightful targets.

[pavyracer]

This reminds me of when you are sick and you go to the ER and they make you sign up 6 pages of paperwork in 10 seconds that actually require 6 hours of reading before you realize what are they talking about. In the meantime, you may die at the ER while trying to read all the paperwork.

Sure the book has obscure rules but they should use common sense and pay a player that beat the system with $50 on legitimate bets.