Will LasPalmas ever pay?

HedgeHog · 03-03-09, 07:56 PM

Play at your own risk, boys. SBR has sold out to Las Palmas, Bet Phoenix and BetCascade. A and B ratings are bought at this site. D and F Books that can buy B and A ratings--smells like crap to me.

pokernut9999 · 03-03-09, 08:02 PM

Which Laspalmas Hedge ?

I thought there was only one and found out there were 2 when I had trouble logging in and called the other one.

HedgeHog · 03-03-09, 08:11 PM

Originally posted by pokernut9999

Which Laspalmas Hedge ?

I thought there was only one and found out there were 2 when I had trouble logging in and called the other one.

There was a Las Palmas that was a F from the beginning. The LP I joined was a B Book that sponsored SBR contests. They're now C- and probably much less now. Yet no one from SBR wants to own up to this Fuk Up from just a year ago.

pokernut9999 · 03-03-09, 08:17 PM

Originally posted by HedgeHog

There was a Las Palmas that was a F from the beginning. The LP I joined was a B Book that sponsored SBR contests. They're now C- and probably much less now. Yet no one from SBR wants to own up to this Fuk Up from just a year ago.

I only remember signing up with one but somehow had accounts with both

Makes me wonder how that happend ? Only signed up for the contest.

Like this week I email SBR my account number for the bracket contest and get a phone call and email within minutes from the sponsoring book

Cloak & Dagger · 03-03-09, 08:17 PM

Originally posted by HedgeHog

There was a Las Palmas that was a F from the beginning. The LP I joined was a B Book that sponsored SBR contests. They're now C- and probably much less now. Yet no one from SBR wants to own up to this Fuk Up from just a year ago.

last year I was looking for another out...I needed someone else besides bookmaker

I narrowed it down between skybook and Las Palmas...I have been to all the A+ books already...I needed something other than that

I ALMOST deposited at Las Palmas...as SBR was pumping that place up here

I went with skybook...and they paid me the same day

looks like I made the right choice

what it came down to for me....was skybook had been around since 96

HedgeHog · 03-03-09, 08:25 PM

Originally posted by Cloak & Dagger

last year I was looking for another out...I needed someone else besides bookmaker

I narrowed it down between skybook and Las Palmas...I have been to all the A+ books already...I needed something other than that

I ALMOST deposited at Las Palmas...as SBR was pumping that place up here

I went with skybook...and they paid me the same day

looks like I made the right choice

what it came down to for me....was skybook had been around since 96

I love SkyBook; I've used them for almost 10 years now.

Peep · 03-03-09, 10:01 PM

It sucks that you got ripped off Hedge, and sucks that no mod or rep has the nerve to post here to update you, at least on where your complaint stands.

fiveteamer · 03-03-09, 10:24 PM

mods move this thread.

Mudcat · 03-04-09, 10:28 AM

tomcast recently got his payout from Las Palmas. I think it took about two months. It was handled poorly enough that he felt he had to file a formal complaint.

It is startling how Las Palmas has gone downhill. I hope they can recover.

Casi · 03-04-09, 10:31 AM

I used to like Palmas..this is not good, many small shops struggling to survive.

SBR Lou · 03-04-09, 05:45 PM

I just spoke with a LasPalmas representative that confirms that the payouts which were scheduled to be initiated this week may be delayed into next week.

SBR has scheduled an appointment tomorrow morning to have a conversation with LasPalmas management to discuss this further, we will give another update thereafter.

SBR Lou · 03-05-09, 12:30 PM

Originally posted by CrazyLou

I just spoke with a LasPalmas representative that confirms that the payouts which were scheduled to be initiated this week may be delayed into next week.

SBR has scheduled an appointment tomorrow morning to have a conversation with LasPalmas management to discuss this further, we will give another update thereafter.

LasPalmas management has informed SBR that their funds were "unfrozen", and that all pending payouts are being caught up this week.

Account holders are encouraged to write SBR at assistance@sportsbookreview.com or file a complaint form if their payouts are not processed by the end of the week.

fiveteamer · 03-05-09, 12:48 PM

Guys, what we all have to understand here is that SBR is basically the BBB here. Ask yourself who funds the BBB and then ask yourself who's interests they really have at hand?

god bless.

donjuan · 03-05-09, 12:55 PM

I talked to LP earlier this week and they said they'd be sending my check next week. Of course, they are still within the 21 business day window for me (ends next Monday).

fargo · 03-05-09, 04:45 PM

Received five-figure payout today via bank wire. Had requested the funds in November.

Full credit to SBR for all your help.

Bill Dozer · 03-05-09, 05:05 PM

Today we confirmed payment of close to $30,000 from Las Palmas group. These funds were owed for a few months. They tell us they are sending more this week and early next.

Peep · 03-05-09, 05:12 PM

That's a great report Bill, I played there for a few years before they threw me out, enjoyed the book. I want to see the book do well, glad to hear they are back to paying people.

clarkd32 · 03-05-09, 06:47 PM

Bill (or anyone) - what is your opinion of this book going forward? safe to play at as the funds really were frozen or still treading water?

thanks....

THEGREAT30 · 03-05-09, 07:03 PM

Never deposit with a company just because its a sponsor here or runs a contest or 2. I want, not just because.

HedgeHog · 03-05-09, 07:36 PM

Originally posted by clarkd32

Bill (or anyone) - what is your opinion of this book going forward? safe to play at as the funds really were frozen or still treading water?

thanks....

Pass. The 20% bonus is not worth it. My 2 payouts from them have taken twice as long as the 21 business day max they promise. They lie when you call about payouts, constantly pushing the date forward. Their lines now suck, too. No sense in sending them money.

Bill Dozer · 03-05-09, 08:05 PM

Originally posted by clarkd32

Bill (or anyone) - what is your opinion of this book going forward? safe to play at as the funds really were frozen or still treading water?

thanks....

It sends a bad message to players when they are only owed a few thousand and the book needs to rely on one resource to get it. Players hear the blame on frozen funds and think Lazerwager. I do think LasPalmas will be ok. When the bill attacking money transfers passed it caused a lot of the small to medium shops to pull out of postup or join on to bigger operations. Those who aren't big are hurt a lot more when a processor goes down and can't diversify processors because they don't have the volume.

They have to get about 6 figures more out to owed players and come up with a strategy going forward. Better communication to players and making sure they can always do transfers to Bookmaker is a good place to start. We will follow the rest of the complaints and let the board know.

Peep,
They certainly have been around a long time, as long as SBR has been rating books. Horizon 20s have bounced between the Cs and Bs over the years, never quite breaking through. Never cheated a player and have a reputation for doing good business.

dark star · 03-06-09, 01:13 AM

I've played at Laspalmas on & off since they were Wit Sports
& never had any problems.I currently have a small balance
there & I hope that these guys make it.

I know that they are part of E-Horse,which ,in this day
day & age, probably means nothing.In previous years,when
horseplayers were more prominant(they are falling faster than
the stock market),it was good to know that they had another
source for their deposits.

Allthings being egual,I think LP will be ok.

mistermoe · 03-09-09, 04:29 PM

I just received a bank wire for 12k from ehorsex. Been waiting from early DEC.

SBR Lou · 03-10-09, 11:14 AM

Originally posted by mistermoe

I just received a bank wire for 12k from ehorsex. Been waiting from early DEC.

Thanks for sharing.

We have received another report that a player who had requested $9000 in two separate transactions has his first $4500 check on the way along with tracking number.

HedgeHog · 03-10-09, 03:17 PM

My check was just delivered by UPS. It took a little of over 2 months.

Sinister Cat · 03-10-09, 10:53 PM

Still waiting on a bank wire - requested Jan 19th.

HedgeHog · 03-11-09, 06:51 AM

Originally posted by Sinister Cat

Still waiting on a bank wire - requested Jan 19th.

Hang in there. It looks like they're going first-in, first out on payouts, judging by recent postings. The check I received yesterday was requested on January 7th, so yours should be coming up shortly. Still, it wouldn't hurt to call and remind them. GL.

SBR Lou · 03-11-09, 12:43 PM

Originally posted by Sinister Cat

Still waiting on a bank wire - requested Jan 19th.

Hi Sinister Cat,

LasPalmas management has informed us your wire was sent Monday, and should be in your account this week.

HedgeHog · 03-11-09, 03:28 PM

BTW, I just requested my remaining $2600. LP says it will take another 2 months to get that (not 21 business days as shown on their site). C- is a still a generous rating for this slow-paying, Crap Book.

SBR Lou · 03-11-09, 04:10 PM

Originally posted by HedgeHog

BTW, I just requested my remaining $2600. LP says it will take another 2 months to get that (not 21 business days as shown on their site). C- is a still a generous rating for this slow-paying, Crap Book.

They are backed up by about a month. I think they are doing their best right now to weather the storm, the list we have of players owed continues to shrink, but they are not caught up completely yet.

C- seems about right, a second downgrade on the heels of the strides they have made wouldn't be fitting IMO. They have never outright stiffed or cheated anybody, so I am optimistic that everyone will be taken care of.

HedgeHog · 03-11-09, 06:53 PM

Originally posted by CrazyLou

They are backed up by about a month. I think they are doing their best right now to weather the storm, the list we have of players owed continues to shrink, but they are not caught up completely yet.

C- seems about right, a second downgrade on the heels of the strides they have made wouldn't be fitting IMO. They have never outright stiffed or cheated anybody, so I am optimistic that everyone will be taken care of.

I agree Lou. I was just hoping that they wouldn't get bumped up to the B range because they finally paid out. They are still very slow. Nonetheless people are eventually getting paid and that is very important.

Sinister Cat · 03-14-09, 12:59 PM

Originally posted by CrazyLou

Hi Sinister Cat,

LasPalmas management has informed us your wire was sent Monday, and should be in your account this week.

Was in there by Wednesday morning.. Thanks Bill and CrazyLou for your work on this and keeping me updated.

SBR Lou · 03-24-09, 10:11 AM

03/23/2009: LasPalmas, EhorseX & Ehorse lowered from C- to D+

SBR learns of two players waiting for over $50,000 from the group. The players have been given the runaround. Management has conceded that the size of the player withdrawals have played a role in their place in the queue.

donjuan · 03-26-09, 03:15 PM

Another week, another "your check will be going out next week" from Las Palmas. Coming up on 2 months April 5th.