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TheSpooneh 21 points 8 days ago
Hey, so this whole GGbook project has become a nightmare. Back in Oct 2016, I was approached by John @ Betballer to work on upcoming esports project he wanted to start. The deal would be to managing things/advertising/etc. for a pay of 15% of the site's profits split between Stander and myself each, while John and his 'investor' had considerable capital from various businesses they had in horse racing and the other Betballer sportsbook. Knowing that John and investor would be handling the risk/capital in exchange for our time/work, we agreed.
Up until this past week we were under the belief that things were operating as normal. Up until late May our site had not been profitable, and I had warned John about ensuring that he was good for the risks. He assured me that it was simply costs of starting up and that we'd see profits once we picked up more square action/traders wisened up and pushed us to continue. During the entirety of GGbook from the period of planning, contacting programmers/designers, advertising, building, managing the site, and dealing with bad support from traders customer service, myself and Stander were not paid a single cent by John. Not only this but putting our own reputations at risk, especially in this community, a forum where i had posted/created esports daily threads for two years every single day.
Bringing us to now, as of last week John and his 'investor' have decided to pull out the rug from under the table. We have not been able to make contact with him and had suspected something was up when we had last requested for the site's funds to be refilled for proper liquidty for normal daily betting/deposits/withdraws. As the pictures above show, we brought the issue up when we wanted to make sure people couldn't bet anymore. Stander and I personally floated our own money to cover some withdraws today, but obviously it's not enough given the pending balances owed at the current moment. At this time I have personally removed myself of any moderator priveledges/duties on this subreddit, as I feel at least indirectly responsible for dishonest actions taken by a site/staff/organization that I represented. I believe Stander too will be stepping down too as well. Given the situation, it has been over 72+ hours, and we are still trying to contact John regarding missing funds, unfortunately at this time outlook looks bleak and I am expecting the worst, but hoping for the best.
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stander414 13 points 8 days ago
I also stepped down as moderator. That being said, I never ever used the moderator role to promote ggbook. While I of course understand my role made people "trust" the book more, that was never my intention. Obviously since everything went to shit, it looks terrible but neither of us ever had the intention to mix our moderator roles with ggbook.
I've always put /r/sportsbook above all and it has always been my intention to provide an open platform for people to discuss things exactly like this. That's my 2 cents and I hope that /r/sportsbook can continue on without me. As most know I was one of the most active mods here so I hope that either some other mods can step up or replacements can be found.
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[–]sixf0ur[S] 4 points 8 days ago
Do you guys have IRL contact info for John? Address or phone?
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TheSpooneh 3 points 8 days ago
Unfortunately, the only address I know is from the info you posted in the OP already from the solocheck listing for HSB Sportsbook office.