All Bettorsden Payout Delay Issues

[djefferis]

Damn this sucks - sadly not common this time of year.

It’s been 2 weeks - while certainly not what I want to see - I wouldn’t be writing it off as a loss yet either. Off the too of my head - plenty of well established books have slow paid similar timeframes and remain in business and semi reliable.

The whole “return of 5D” thing I found funny - they built a campaign to start calling it the return of “the sportsbook we all loved” - then directly denied any connection. The only real connection I’m aware of is Becky’s involvement there. Regardless - just shows how people will tout whatever goodwill is left in a former shops name trying to squeeze a dollar in today’s market.

[Optional]

Damn this sucks - sadly not common this time of year.

It’s been 2 weeks - while certainly not what I want to see - I wouldn’t be writing it off as a loss yet either. Off the too of my head - plenty of well established books have slow paid similar timeframes and remain in business and semi reliable.

The whole “return of 5D” thing I found funny - they built a campaign to start calling it the return of “the sportsbook we all loved” - then directly denied any connection. The only real connection I’m aware of is Becky’s involvement there. Regardless - just shows how people will tout whatever goodwill is left in a former shops name trying to squeeze a dollar in today’s market.

And you'd think that was one the bad things about 5D that would not help a new book name too. Becky not a fair minded person at all. Tony was the one that stopped her happily victimizing customers on the reg.

[KayHill]

Day 14 : still no confirmation or payout

Really appreciate the replies, sounds like more of us are running into the same issue or know people who are.

At this point it seems obvious Bettorsden is selectively paying, likely short on funds, and stalling most payouts.

I'll keep this updated. Still hoping this resolved, but I'm not letting it quietly disappear either.

[JetMutley]

Obviously, they're not paying because they don't have the money. Maybe they got busted. Maybe they are just quitting the business and walking with the money. So tired of this crap. I'll just go Brick & Mortar, in person. All I want to do, is make some friendly bets, pay a fair vigor and occasionally some big parlays/props. This is such a stupid industry. Maybe stock brokers like Robinhood can book bets.

What bugs me, just tell us. Say, mid-Summer is our slow season, we got beatdown, gonna need some time for payouts. This stupid, "You're in the queue" is bs.

[djefferis]

And you'd think that was one the bad things about 5D that would not help a new book name too. Becky not a fair minded person at all. Tony was the one that stopped her happily victimizing customers on the reg.

Exactly - I suspect that’s why they initially started claiming to be “affiliated with the book we all knew and loved” to start and then backed off - because when the affiliation was revealed it wasn’t a positive one.

“Tony” was actually a pretty decent person to deal with in my limited experience as a player there. Only had a few conversations- but was fair. Becky on the other hand was beyond aggravating to talk to. Anytime the coked up hot head is the most “reasonable” person in the room - it’s likely best to remove yourself from the room.


As to BD not having money to pay - doubtful. It’s not like this is a simple PPH operation relying on a site host. They have spent quite a bit of $$ building this operation - they just know delaying a bit and keeping player funds increases the chance you lose them. No different than Jazz or Phoenix does - these books know how to play the game.

[JetMutley]

As to BD not having money to pay - doubtful. It’s not like this is a simple PPH operation relying on a site host. They have spent quite a bit of $$ building this operation - they just know delaying a bit and keeping player funds increases the chance you lose them. No different than Jazz or Phoenix does - these books know how to play the game.

Wait a minute. BD has a website, money & profitable business model ongoing. BD books bets to make money. So what do they do, lets just quit paying out. Gee, that sounds smart. Okay, some dudes keep betting, lose. I'm sure some bet, and win, with 8% vigor for the house.

You know what this does for goodwill & marketing.
What's the point of being a bookie.

[KayHill]

Obviously, they're not paying because they don't have the money. Maybe they got busted. Maybe they are just quitting the business and walking with the money. So tired of this crap. I'll just go Brick & Mortar, in person. All I want to do, is make some friendly bets, pay a fair vigor and occasionally some big parlays/props. This is such a stupid industry. Maybe stock brokers like Robinhood can book bets.

What bugs me, just tell us. Say, mid-Summer is our slow season, we got beatdown, gonna need some time for payouts. This stupid, "You're in the queue" is bs.

Couldn't agree more. If they were just honest about backed up, people would be way more understanding. Instead it's the same vague script every day. Just give us real info, not "were trying our best" on repeat.

[KayHill]

Exactly - I suspect that’s why they initially started claiming to be “affiliated with the book we all knew and loved” to start and then backed off - because when the affiliation was revealed it wasn’t a positive one.

“Tony” was actually a pretty decent person to deal with in my limited experience as a player there. Only had a few conversations- but was fair. Becky on the other hand was beyond aggravating to talk to. Anytime the coked up hot head is the most “reasonable” person in the room - it’s likely best to remove yourself from the room.


As to BD not having money to pay - doubtful. It’s not like this is a simple PPH operation relying on a site host. They have spent quite a bit of $$ building this operation - they just know delaying a bit and keeping player funds increases the chance you lose them. No different than Jazz or Phoenix does - these books know how to play the game.

Appreciate the insight, that's what it feels like. It's not that they can't pay, they're just slow playing to hold onto balanced. And yeah, the "times spiritual successor" pitch completely disappeared once people started looking deeper.

[KayHill]

Wait a minute. BD has a website, money & profitable business model ongoing. BD books bets to make money. So what do they do, lets just quit paying out. Gee, that sounds smart. Okay, some dudes keep betting, lose. I'm sure some bet, and win, with 8% vigor for the house.

You know what this does for goodwill & marketing.
What's the point of being a bookie.

Exactly. It makes no sense long term, they've got a working site, players betting, and probably plenty of profit from vig. Why tank all that by slow paying and dodging emails? I've been polite, followed every rule, waited 15 days, and still no payout or timeline.

It's just bad business, and like you said zero goodwill. Players talk, and once that trust is gone, it's over.

[Optional]

Exactly. It makes no sense long term, they've got a working site, players betting, and probably plenty of profit from vig. Why tank all that by slow paying and dodging emails? I've been polite, followed every rule, waited 15 days, and still no payout or timeline.

It's just bad business, and like you said zero goodwill. Players talk, and once that trust is gone, it's over.

Probably more to do with just being so used to running as a cash flow business without needing to keep a close eye on short term profitability over the decades when offshore had a market monopoly.

And when all the offshore books saw it in their best interest for them and every other offshore to be seen to be trustworthy.

Now they don't have year round cashflow and can't just take out 100k here and there to fund whatever they choose, and most are scrambling to survive between football seasons so caring about industry trustworthiness has been forgotten as they try to outlast and eat each other.

[djefferis]

Couldn't agree more. If they were just honest about backed up, people would be way more understanding. Instead it's the same vague script every day. Just give us real info, not "we’re trying our best" on repeat.

Honesty and offshore generally do not belong in the same sentence.

There are 5 offshore operators I would “trust” right now. Note that trust is a relative word - I trust them like I trust certain posters I’ve done business with on a regular business in the past who have already paid. It doesn’t mean I’d stake my life on them - only that I recognize a profitable relationship can exist and it’s worth the financial risk to pursue to a level appropriate to the risk/reward potential.

BD is no longer on that list of 5 - but like I said, they are in that category of Phoenix/Jazz to me - likely as not they will pay but will give a list of excuses/delay before they do. It’s been a rough year for the offshore shops.

[KayHill]

Probably more to do with just being so used to running as a cash flow business without needing to keep a close eye on short term profitability over the decades when offshore had a market monopoly.

And when all the offshore books saw it in their best interest for them and every other offshore to be seen to be trustworthy.

Now they don't have year round cashflow and can't just take out 100k here and there to fund whatever they choose, and most are scrambling to survive between football seasons so caring about industry trustworthiness has been forgotten as they try to outlast and eat each other.

Nice insight, makes a lot of sense. The cash flow angle actually explains a lot about how they're operating right now. Either way trust is earned and when your holding thousands of someone's money with no timeline or transparency, you lose that fast. I'll keep updating this thread until there's real movement

[KayHill]

Honesty and offshore generally do not belong in the same sentence.

There are 5 offshore operators I would “trust” right now. Note that trust is a relative word - I trust them like I trust certain posters I’ve done business with on a regular business in the past who have already paid. It doesn’t mean I’d stake my life on them - only that I recognize a profitable relationship can exist and it’s worth the financial risk to pursue to a level appropriate to the risk/reward potential.

BD is no longer on that list of 5 - but like I said, they are in that category of Phoenix/Jazz to me - likely as not they will pay but will give a list of excuses/delay before they do. It’s been a rough year for the offshore shops.

It's been frustrating getting nothing but vague replies and empty promises. I've stayed respectful, followed every rule, waiting over two weeks now and still no payout or any type of progress.

At this point, the delay plus silence says everything. I don't expect miracles, but at least be straight with us. If bd is slipping into that Phoenix/jazz territory, then they need to be exposed so others don't fall into the same trap. Transparency is the bare minimum.

[KayHill]

Day 19, Finally got Paid!

[Optional]

Day 19, Finally got Paid!

Good news. Congrats

[2Sweeet]

Did they give a reason? Or r u done posting because u got paid and fck everyone else?

[JetMutley]

Got partial withdraw.
Proceeding to piss away the rest.
Not their fault I lost.

Question, where do I got now.

[Luv2play]

What reason did they give for the delay?

[jedihyoju]

Over 20k requested about a month ago and getting stupid excuses like processor down again and again.
I lost my hope.
Warning don't use Bettors Den they are not legit.

[dennya]

I now am still waiting for a withdrawal request made 8 days ago for $500. Getting excuses such as "processor delays" but no real update from them other than " you remain in the queue".

[2Sweeet]

Got partial withdraw.
Proceeding to piss away the rest.
Not their fault I lost.

Question, where do I got now.

R u talking about Offshore?

[2Sweeet]

Over 20k requested about a month ago and getting stupid excuses like processor down again and again.
I lost my hope.
Warning don't use Bettors Den they are not legit.

Wow. Becky why don't you chime in here U always had a big mouth now u r radio silent POS? U owe all these people money. Did u spend it all on coke? U remember me? Here's a hint.. I knew Tony's X Girlfriend remember when he sent 4 guy's to my house but we ended up chasing them then he reopened my acct LOL.. I'd pay these ppl there money.