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SBR, if it is true that you blocked a bailout because you wanted a cut of the action
you should be held directly responsible for the losses incurred by players.
If a book was ready to bail out the players, and you prevented that because you wanted a cut of the action, we deserve to know. And we deserve to be paid - by you.
If it is true, you are now the thief.
And if it is not true, you may want to report that, because this has come from a credible source.
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If it is such a credible source, then what book was offering it? And why was SBR even involved, they have no official spot at the table between Jon (maybe Ryan too) and the other book. Smells fishy, but I'll be waiting to see where this goes.
lolz... i would question any book who would pay sbr a % for anything that has to do with a bailout...if you believe sbr has some sort of power to block a deal, then you are one gullible misinformed moron...if a book really wants to help out players, they will and sbr doesnt have to have anything to do with it at all and they definitely have no say so in what a book wants to do... nobody needs sbr to hold their hand
It's probably true, because the person was able to get a bailout for several players, and instead of jumping in SBR blocked his pm. How obvious does it have to be?
like i said dh, sbr has no control over what a book wants to do...they dont have to go through sbr in order to offer a bailout...
True, but they can try. The assumption is that they're talking, on behalf of the players...
And that still doesn't address the other question. Why did they block the pm of the guy who was able to get some bailouts for players? He can't post the name of the book either.
Clearly, SBR is once again acting out of self-interest, even after the big role they played in this fiasco.
They might have blocked his PM for exchanging email addresses...apparently that against the rules at SBR, i had no idea it was a violation, i did the same thing and got an email from Lou warning me that i would get banned if i broke one more rule..he also informed me that he wasnt a fan of my behavior in the forums.Originally Posted by Dark Horse
"he also informed me that he wasnt a fan of my behavior in the forums."
dont worry Jason
many have gotten that same message before
lol
stop making shit up. It's bad enough that you post about BI 24/7 but saying that they wanted a cut is nuts. I was hoping for something new from you post. Follow with your standard shill/mod stuff. You're so predictable even though I said that SBR should pay for Nov. and Dec.
Great example of why people should believe little of what's posted.
There are so many threads here that I didn't see this quote here but saw it at another site.
Originally Posted by Justin7The math doesn't work for a bailout. Sharp players are owed a majority of the deposits.
If there were a bailout, any non-A book would have to start with rejecting all the sharp players, which would drop the liabilities by over 2/3. The whole point of a bailout is to get losing players. Taking on an extra $1m in liabilities to get 10 sharps that will kick your ass is bad business. Any of the A books that could eat $1.5m already has those 10 sharps as players, so they are just throwing away money.
If there were a bailout by a non A-rated book, you'd have to accept that all the sharps (owed over $1m) would get screwed. If you could stomach that, a C or B book could take one $400k in debt or so to add the losing players to their sheet, and hopefully keep them. But I can't imagine a political way that SBR could condone stiffing the sharps in a bail-out deal. So I don't see how any bail-out could happen with SBR as the facilitator.
its in the 5dimes wager dispute thread by compsmoker... same shit ive tried to tell everyone, only i get labeled an asshole for looking at the bailout deal with some business sense...that, unfortunately, not many here at all seem to possess... i hope someone jumps on the grenade though...
umm, dh didnt make that up, fwiw...he got that info from that wtt0 something poster in the latest bi update thread...he said he has been in contact with a book that was told by sbr that they wanted a piece of the action if they got a deal together...thats not too far fetched, imo ... but for someone to believe that sbr has the power to stop a deal, you gotta be a bonehead to go along with that.
raiders doing his usual shill job; you're a funny guy calling me predictable.
Anyway, since you thought I made it up you get a pass. Tell me what you think after you realize it's not made up.
Last edited by Dark Horse; 01-09-13 at 04:13 AM.
You ran with a story that's been passed down a few times. Remember the game where you sit in a circle and you whisper something to the person to the left and they pass it on full circle?
Last edited by raiders72001; 01-09-13 at 05:22 AM.
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It's probably posted in one of the zillion BI threads here but Jon goes by Henry at 7Red.
Which sbr mod are you? Lou? Dozer? You're not fooling anyone pal
SBR's silence continues to be deafening.
Wow, just wow. What a bunch of crooks.
The rationale of using a justin7 quote from another forum to justify why a book would not bailout bi players is the height of stupidity. Mr. Feustel had nearly 100k in bi according to the atb sheet, why would he post a false and nonsensical rationale for why a book wouldnt bailout his and other players bi money. It would work against his own self interest, unless of course sbr has made sure he already got his money back. Can we lay to rest once and for all the utter and complete fallacy that 1.5 mil stolen from players was all sharp $. I had a very large balance there and i am a break even bettor at best. When a book gives out a free half pt. And allows players to use it on and off the 7 in football they are going to get hurt, bi didnt get crushed by sharp $, they got crushed by their huge bonuses and half pt promotion nonsense. The 1.5 mil that bi stole isnt owed to some backroom vegas betting syndicate, it is owed to every day, hard working people like myself and others on this board who work 50 hours a week and like to relax at night by throwing a couple dollars on the games we are watching. It has already been proven that business wise, from a short and long term, and purely numbers standpoint that it makes sense for a book to offer a bailout. Stiffed bi players like myself arent really asking for that much, just one or a couple of reputable books to offer a bi bailout package that allows for all parties to benefit. We know the score, we know no one has to help us, but we would be willing toaccept a bailout that would be extremely favorable to the offering book. Where we would deposit a percentage, be tasked with a huge rollover and have a several month hold before we could even attempt a withdrawal. There is too much at stake and potential bailout books have way too much leverage to not make us some kind of offer. To get back to justin7, mr. Feustel or whatever his name is, doesnt anyone else find it curious that the most respected, sharpest, and smartest moderator, the guy who worked as a player advocate in disputes with books abruptly quits sbr right after this bi fiasco, for those that think sbr did nothing wrong and shouldnt be helping those they screwed over what powerful evidence is there than justin7 resigning.
J7 posted the quote on SBR last night ..forget the thread but he was posting late
Last edited by 5mike5; 01-09-13 at 09:12 AM.
I can not find his post here. Maybe merging all BI threads into one does have some merit.
see ya around wt
unbelievable
losing another great poster
GL pal
Last edited by 5mike5; 01-09-13 at 09:33 AM.
You were one of the knowledgeable ones wtt0315...... sorry about your BI loss, and SBR banning. They obviously have no shame.
http://www.sportsbookreview.com/forum/sportsbook...needed-p2.htmlI can not find his post here. Maybe merging all BI threads into one does have some merit.
It was a thread related to 5dimes...it was on SBR and it was late last night. I was the one who asked him the question on whether or not he thought a bailout was a real possibility..he didnt seem to think it was, lets hope he is wrong.I can not find his post here. Maybe merging all BI threads into one does have some merit.
its not in a bi thread...its in the 5dimes dispute thread... http://www.sportsbookreview.com/forum/sportsbook...lp-needed.html
dwayne, its been proven??? proven by who? by you thinking it? sorry buddy, but business wise, you havent a clue if you think it makes sense long or short term for the big trustworthy books to do this bail out... i already explained to you why it is a bad business proposition and justin has 2nd it...if you dont trust my word, at least trust his...i dont want to argue or ruin anyones day with bad news... and i hope im 100% wrong in thinking that the good books are too smart to waste money with a bail out... but you arent going to get good books to make many bad business decisions...and if you cant see that this is bad business, then you need some refresher courses in risk management and accounting, buddy... no, not all the players labeled sharp are sharp...but you can bet half that money wins more and meets roll over... the time it will take to recoup losses isnt worth the risk...
unfortunately, i think a middle of the road book is as good as its going to get...i truly hope im wrong.
wtt0315=one of the good guys
sbr
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good to know
Dozer/John explain wtt banning... Floor is yours beotchs
Raydog- lets do some math. Say you are a book or books who want to bailout bi. You require a 25% deposit on bi balance. Some people might not want to do the bailout, some accounts might not be verified, etc, so you are bailing out 1 mil. You get 250k upfront in new deposits, you put a hold on any bi bailout $ withdrawals for 4 months so you get the value of the 250k and holding on for 4 months. You attach a large rollover to deposits and bi balance, most people wont make it through, say half the money does than after 4-6 months you owe 500k but you took in 250k plus the value of holding it, now you have to pay out but all these players are in the us and you have processor issues and players can only request a 2500 check per week like bookmaker has and it comes with a fee that is marked up and so that delays the payouts longer. So maybe in actual money you might be out 200k over a year but of course we havent factored in the advertising boost, player acquisition and retention, reviving old and possibly dormant accounts and securing future business. Lets not forget the slight boost in business you would get in the present and future from other offshore players for being seen as the savior in a horrible situation. The math and business side work for me.
I do not think SBR has made a cut of the action a condition for a bailout for several reasons.
First of all who says SBR has that authority? A bailout could come to everyone except SBR reps and the masses would be happy, there are no legal stipulations to a bailout. Whatever the savior decides the savior decides.
Secondly SBR is taking such a huge hit from all ends even if they were scum and did not care even a tiny bit about the players ( and I have no reason to believe thats the case) they would still see that a bailout is in the best interests of SBR. I would go as far to say it is VITAL for SBR that a bailout happens and they are smart enough to know that. So why would they muck it up?? I do not think they are that such poor businessman that they would block a bailout. I think they will bend over backwards to help facilitate a bailout.
The only issue that puzzles me is if this rumor has no merit why don't one of the SBR head honchos come in here and say so for the record??
B/c their greedy and wanted their cut - they know their credibility Is shot
dwayne...your mind is made up, unfortunately, you simply dont understand or just cant see it for what it is...and i dont wish to upset you or anyone ...i feel bad enough for everyone that has gotten stiffed ...ill simply say that i disagree and there is too much risk vs. reward... and thats why you arent seeing bookmaker/5d/leg/her jump on a deal... not with the people on that sheet...if it were as easy as you want it to be, there would have been books fighting over the sheet a few weeks ago....you have to understand that the big money (maybe not all) but the big money on that sheet is winning consistently and withdrawing consistently...they are going to beat the bail out book to death as well(more than likely most of them have very large balances at a few books too) ... its just a huge clusterfukk man...
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hmmm,i was saying i love this place...
too many bad things i see here...
where is mod's responsibility? to say even 2 words to members...
or i aqm too naive?
The banning of wtt0315, under the circumstances, is all the proof I need. This guy had just helped seven players to get a bailout.
Anyway, it's becoming increasingly unlikely that there will be a bailout through SBR participation, because they place their own interest first. Even in this incredibly ugly situation.
5mike5 gave sweep 1 SBR Point(s) for this post.