Sportsbook PURE THEFT!

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  • trixtrix
    Restricted User
    • 04-13-06
    • 1897

    #1
    Sportsbook PURE THEFT!
    i'm so angry, i can barely type for right now. so bear w/ me.

    i have deposited w/ this sportsbook (so far unnamed until i hear from this supervisor "MATT") (C rated sbr) since beginning of 09. i have since made several deposits via **/** and several withdraws via bankwire. i am overall net up in that book.

    i wagered actively with this sportsbook since the start of 09 NFL season w/ combination of straight bets, teasers, and parlays, my action easily in 5 digits on average per week. then on 10/10/09, 2 weeks after I made a reload deposit of 2,000$ to my acct via **, my betting limits across the board were slashed to 100$.

    At the time of the limit cut my balance stood at 11,310.6$ After noticing the limit cut, I realize that i have wore out my welcome. and there sent in my documents to verify for a check withdraw (since i have moved recently) cs emailed me back and told me everything is set and confirmed and i can began withdrawing.

    I made a request for 3,000$ check withdraw but there was the check never came, i sent in a few email inquiries but received no answer. as i have been busy w/ rest of the football season , i thought i'd just leave this to deal with until after the football season ends and i have more time.

    so my balance of 11,310$ was left there dormant for 2 months, w/ no movement, until I checked my account today and on monday 12/7/09 there was a "accounting deduction" made on my account and subtracted 9,578.6$ from my balance. I immediately seeked cs support to clarify why that money was deducted, her answer was something along the lines of "b/c you made correlated bets" and when pressed, told me to speak to a supervisor named Matt who will be in the office tomorrow.

    i don't deny i have made parlays, they are along the lines of 1st H: C Mich -9.5 parlayed w/ 1st H: total over 23. another example: 1st H: Kansas -11.5 parlayed w/ 1st H: total over 28.5.

    consider the facts, these parlays were ACCEPTED and GRADED and CREDITED to my account after they settled. these parlay absolutely forced punters to take significant risks as they're nowhere NEAR 100% correlation. In fact the book in question does indeed restrict parlays they consider too correlated (1st H: fav -20 parlayed w/ total 28 over for example) So these bets were accepted honestly and it is no fault of the software, since extremely correlated parlays have been blocked by the software, all my parlays were considered fine/accepted by the software.

    now, TWO MONTHS goes by AFTER these parlays were accepted/graded/credited to my account, after two months of dormant activity, this monday they made the RETROACTIVE adjustment to confiscate my balance. i know it cannot be related to my recent activity as the last bets i place on that account was on 10/10/09.

    How can they do this?? this is pure thievery, Sportsbook.com thievery all over again!

    i am so angry right now i can barely contain myself, sbr, what says you, is this a balatant case of thievery under the sun?
  • Peep
    SBR MVP
    • 06-23-08
    • 2295

    #2
    Sounds like they have made a decision to steal your money, a cold and calculated decision.

    GL, fill out an SBR complaint form and hope for the best. "Matt" will do nothing for you unless pressured IMO. The theft was a planned one, not an accounting error.

    Lesson I get from this, do not leave any money you do not need for betting needs in any book.
    Comment
    • pats3peat
      SBR MVP
      • 10-23-05
      • 1163

      #3
      sad, fk sportsbook.com
      Comment
      • Thremp
        SBR MVP
        • 07-23-07
        • 2067

        #4
        lol it isn't sportsbook.com If it was, its deserved.
        Comment
        • trixtrix
          Restricted User
          • 04-13-06
          • 1897

          #5
          if anyone can guess the book i'm referring to and know the top person i should contact in regards to this (I've heard his name is Dan?), please pm me his contact info, thx
          Comment
          • Justin7
            SBR Hall of Famer
            • 07-31-06
            • 8577

            #6
            There's no chance they will pay you on these. You've been robbed.

            I'd get the rest of your money out quietly first. Once you do that, look for ways to recover the stolen money.
            Comment
            • RickySteve
              Restricted User
              • 01-31-06
              • 3415

              #7
              I'm guessing Gambler's Palace.
              Comment
              • RickySteve
                Restricted User
                • 01-31-06
                • 3415

                #8
                Originally posted by Justin7
                There's no chance they will pay you on these. You've been robbed.

                I'd get the rest of your money out quietly first. Once you do that, look for ways to recover the stolen money.
                If true, why are they rated C?
                Comment
                • trixtrix
                  Restricted User
                  • 04-13-06
                  • 1897

                  #9
                  why justin? this book is not sportsbook.com, it's a c rated book here that you said had played ball before. wouldn't a better approach to talk to their head guy and try to resolve w/ him and if not making headway, pass the complaint to SBR?
                  Comment
                  • johncrud
                    SBR MVP
                    • 04-06-09
                    • 1322

                    #10
                    Vegas is the best in payout period... if you dont live near vegas, then your next option is playing at an "A" book. welcome to the world of sport gambling. 99% of all problems come from non-A books.
                    Comment
                    • Justin7
                      SBR Hall of Famer
                      • 07-31-06
                      • 8577

                      #11
                      I misread your post.

                      If it is Canbet/Iasbet, my opinion stands.

                      Any book that would start stealing your money though for any reason is a risk. Get your money out of there first.

                      Send me a pm if you want to discuss it privately.
                      Comment
                      • trixtrix
                        Restricted User
                        • 04-13-06
                        • 1897

                        #12
                        my pm rights got banned, i will email you.
                        Comment
                        • BigDaddy
                          SBR Hall of Famer
                          • 02-01-06
                          • 8378

                          #13
                          Originally posted by trixtrix
                          my pm rights got banned, i will email you.

                          so did mine for a month only

                          i sent you a pm at RTP

                          if you still want to talk?

                          if not that is fine

                          BTW it was a nice night in the nfl
                          Comment
                          • BigDaddy
                            SBR Hall of Famer
                            • 02-01-06
                            • 8378

                            #14
                            [QUOTE=BigDaddy;2730147]so did mine for a month only
                            Comment
                            • mminkovski
                              SBR MVP
                              • 06-22-07
                              • 1077

                              #15
                              Why do bookies allow correlated parlays? It is so easy to setup your damn system with proper filters...
                              Comment
                              • blix177
                                Restricted User
                                • 09-20-08
                                • 1520

                                #16
                                Fly over there buy a gun and kill those ****ers. So them what a calculate risk on stealing money leads to. Maybe .0001 percent of the population would do that, be that .0001 and **** them over.
                                Comment
                                • tblues2005
                                  SBR Hall of Famer
                                  • 07-30-06
                                  • 9235

                                  #17
                                  I would do just as Justin has said here and withdrawal quietly and go to another book that will treat you fairly.
                                  Comment
                                  • Thremp
                                    SBR MVP
                                    • 07-23-07
                                    • 2067

                                    #18
                                    This thread is pretty worthless atm. "Unknown sportsbook commits outright theft"

                                    Great.
                                    Comment
                                    • trixtrix
                                      Restricted User
                                      • 04-13-06
                                      • 1897

                                      #19
                                      justin7 is on the case, so i will give him some time to sort this out privately before giving out additional public info

                                      it's funny you should mention this dude, it's a sportsbook you know well
                                      Comment
                                      • Thremp
                                        SBR MVP
                                        • 07-23-07
                                        • 2067

                                        #20
                                        Originally posted by trixtrix
                                        justin7 is on the case, so i will give him some time to sort this out privately before giving out additional public info it's funny you should mention this dude, it's a sportsbook you know well
                                        Then I'd probably like to be more aware of it, not less
                                        Comment
                                        • tblues2005
                                          SBR Hall of Famer
                                          • 07-30-06
                                          • 9235

                                          #21
                                          Originally posted by trixtrix
                                          justin7 is on the case, so i will give him some time to sort this out privately before giving out additional public info

                                          it's funny you should mention this dude, it's a sportsbook you know well
                                          I would get out of this book asap these guys are bad news. They have been bad news for a while now.
                                          Comment
                                          • Dunder
                                            Restricted User
                                            • 10-26-09
                                            • 3345

                                            #22
                                            Originally posted by Peep
                                            Sounds like they have made a decision to steal your money, a cold and calculated decision.

                                            GL, fill out an SBR complaint form and hope for the best. "Matt" will do nothing for you unless pressured IMO. The theft was a planned one, not an accounting error.

                                            Lesson I get from this, do not leave any money you do not need for betting needs in any book.
                                            Sounds about right.

                                            I would add that in all but the best rated books, taking your money out in stages rather than in one ´lump´ makes it less likely that this kind of thing will happen.

                                            I wish the OP well.
                                            Comment
                                            • marabdl86
                                              SBR MVP
                                              • 10-06-09
                                              • 1067

                                              #23
                                              Why do you people continue to play at these C level books??? Something tells me this guy knew what he was doing

                                              5dimes, thegreek, pinnacle are the best - no need to go anywhere else
                                              Comment
                                              • Stacocakes
                                                SBR Hall of Famer
                                                • 04-10-08
                                                • 7126

                                                #24
                                                Would be good to know the sportsbook. Putting it on here might help your chances of getting paid because they won't want bad publicity.
                                                I can see why a book would cancel those parlays but how can a book do this two months after the fact? That is definately not right. What would have happened if you had taken that money out before they did their "accounting adjustment"?Would they have come after you for that money?If there was a real problem they should have done the adjustment by the next day.If they didn't it should be your money.
                                                Hard to feel safe with online books these days if they can just decide to take portions of peoples money and we can do nothing about it
                                                Comment
                                                • PAPSMEAR
                                                  SBR MVP
                                                  • 02-13-09
                                                  • 2581

                                                  #25
                                                  Name and shame
                                                  Comment
                                                  • PAPSMEAR
                                                    SBR MVP
                                                    • 02-13-09
                                                    • 2581

                                                    #26
                                                    the flip side is you go through each and every parlay bet you've ever made with these stiffs and claim reimbursement for any correlated losses...by their logic you should be refunded
                                                    Comment
                                                    • Justin7
                                                      SBR Hall of Famer
                                                      • 07-31-06
                                                      • 8577

                                                      #27
                                                      I'm working on this one. As always, there are two sides to every story, and the parties disagree on some of the facts. Fortunately, this dispute is absolutely provable (as are most).

                                                      The player was very smart to not name the book. Nothing makes a dispute harder to resolve than calling a book out publicly before trying all other avenues to fix things - it puts the book on the defensive, and they will work 10x as hard to justify the initial decision.
                                                      Comment
                                                      • PAPSMEAR
                                                        SBR MVP
                                                        • 02-13-09
                                                        • 2581

                                                        #28
                                                        ...good old blackmail hey...the tried and true way to settling disputes...gotta love it
                                                        Comment
                                                        • HeeeHAWWWW
                                                          SBR Hall of Famer
                                                          • 06-13-08
                                                          • 5487

                                                          #29
                                                          Originally posted by Justin7
                                                          The player was very smart to not name the book. Nothing makes a dispute harder to resolve than calling a book out publicly before trying all other avenues to fix things - it puts the book on the defensive, and they will work 10x as hard to justify the initial decision.

                                                          Perhaps this quote ought to be stickied at the top of the forum?
                                                          Comment
                                                          • trixtrix
                                                            Restricted User
                                                            • 04-13-06
                                                            • 1897

                                                            #30
                                                            thread note: if justin concludes that the book is right in this matter and i have acted in an unethical manner and have wasted sbr's time in regards to this particular case, i will buy every poster who has posted in this thread before this post a 20$ amazon gift card for the holidays

                                                            except for thremp, who jewed me out of 100+ in transaction fees over the years
                                                            Comment
                                                            • RickySteve
                                                              Restricted User
                                                              • 01-31-06
                                                              • 3415

                                                              #31
                                                              Could the mystery book be C+ or C-? If not, it can only be one of two places.
                                                              Comment
                                                              • tsamem0rex
                                                                SBR Rookie
                                                                • 10-22-09
                                                                • 22

                                                                #32
                                                                Originally posted by trixtrix
                                                                why justin? this book is not sportsbook.com, it's a c rated book here that you said had played ball before. wouldn't a better approach to talk to their head guy and try to resolve w/ him and if not making headway, pass the complaint to SBR?
                                                                speaking with the manager or anyone in charge always helps me in conditions like these..try it out maybe it'll help you since that is a lot of money, just my opinion!
                                                                Comment
                                                                • Justin7
                                                                  SBR Hall of Famer
                                                                  • 07-31-06
                                                                  • 8577

                                                                  #33
                                                                  Originally posted by trixtrix
                                                                  thread note: if justin concludes that the book is right in this matter and i have acted in an unethical manner and have wasted sbr's time in regards to this particular case, i will buy every poster who has posted in this thread before this post a 20$ amazon gift card for the holidays

                                                                  except for thremp, who jewed me out of 100+ in transaction fees over the years
                                                                  Uh oh. I hope you aren't unethical, because if you are, I've done the exact same thing 100's of times...
                                                                  Comment
                                                                  • triqy
                                                                    SBR Wise Guy
                                                                    • 11-19-09
                                                                    • 800

                                                                    #34
                                                                    good luck
                                                                    Comment
                                                                    • Thremp
                                                                      SBR MVP
                                                                      • 07-23-07
                                                                      • 2067

                                                                      #35
                                                                      Originally posted by trixtrix
                                                                      thread note: if justin concludes that the book is right in this matter and i have acted in an unethical manner and have wasted sbr's time in regards to this particular case, i will buy every poster who has posted in this thread before this post a 20$ amazon gift card for the holidays except for thremp, who jewed me out of 100+ in transaction fees over the years
                                                                      Strong allegations. Do you really want to go public with the circumstances? I'm sure you were treated more than fairly in all our business dealings.
                                                                      Comment
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