Bet911 admits it stole player balances : Updated

[Chopsticks]

Though I know people played there successfully afterwards, I still maintain that the first big neon warning sign (whilst cferrat was still there, though he may have been acting on instructions) was when the book posted at MoneySavingExpert forum asking for players... i

I am not sure how fair that is. Yes it is true, Carl trawled the net and posted on pretty much every forum (and sticked around to reply if anyone was interested) out there. It is not like he specifically chose to go for bonus abusers. Chances are he didn't read any of the other threads on that forum, he just googled bet911 and went straight to the thread, then posted that Bet911 was back in business and that all outstanding debts had been cleared. I don't see anything wrong with that. In retrospect it may not have been the best place for him to post, but as he was already posting here and at other forums then the moneysavingexpert users would have caught on eventually.

[dark_knight]

Thanks vitalyo, I am aware of BetCascade. Remarkable that such books can exist really. Never realised the history of cascade though, seem to have gone from A to D, then back to A, then F!

My only point was that Cascade presumably still claim to be financially solvent (as they are an outright scam) rather than admitting that they are not.

[M@ximo]

Sorry to hear this.., hopefuly will be some kind of good resolution for their customers....

That shows also that books that have been years on the market can also have problems...

Keep us inform....

Good luck guys...

Have a good one readers...

[chubattack]

There are a number of possibilites open to the unfortunates. It all relies on the quality of Robert's thinking cap and how persistent he will be in looking for a solution.

He could find another book to take on the players and their balances. Clearly this would very probably bring about a whole new set of restrictions prior to withdrawals being honoured, (such as added rollover requirements, only a percentage of the balance being taken, a restriction on wagering levels, low payout maximums, timed withdrawal over a number of months, a limit on sports lines to the ones most profitable to the book, a commitment to wager at the book for a period of time etc. etc.).

There HAS to be something in it for the new book. They may have a number of the players as members already so these balances would be added to the exisitng accounts. This wouldn't bring in much value in the form of new members but may well add to the turnover and the thankfulness of a number of relieved players who may stay commited to the book as a result of their 'good Samaritan' nature.

Say a player took a $5000 balance from Bet911 to another book and the book asked for a ten times rollover? I bet a majority of people here would go for it because a $50000 rollover requirement on a $5000 balance is better than absolute zero.

Ok, Robert clearly reached a point where his stress about the unfolding situation encouraged him to lie about financial matters in order to buy some time. Whatever our personal issues are about that we need to pull together because some players are sitting on large balances and they dont want to lose them.

So, instead of just beating Robert about the head with a stick (something MANY of us would like to do but it wont solve the problem), we can help him and all the players by suggesting solutions and doing whatever is possible to save everyones balance.

Maybe, just maybe this might help to get it get resolved.

[Kaka]

well said chubattack. And for those of you that don´t have balances at Bet911, please shut up unless you have something positive to say.

[vitalyo]

It is not like he specifically chose to go for bonus abusers. Chances are he didn't read any of the other threads on that forum, he just googled bet911 and went straight to the thread, then posted that Bet911 was back in business and that all outstanding debts had been cleared. I don't see anything wrong with that.

Look his posts are been made in the trend Gambling Introductory Offer Loopholes
Any trend or post you read is about bonus whoring . Kind of hard to miss .No reputable book would promote it self on that site ,never mind a 100% bonus/any bonus .

Welcome to the gambling intro offers loophole board.

Some very important points.

• This is NOT a board about gambling. It’s very important to understand this board is NOT about gambling and any posts discussing good or bad bets should be reported so they can be removed.

http://forums.moneysavingexpert.com/showthread.php?t=2084765

[SBR Lou]

And for those of you that don´t have balances at Bet911, please shut up unless you have something positive to say.

Kaka,

There's not much positive to add to this thread. We hope that Robert is able to attract a buyer, but to exonerate him from public scrutiny just because he owes you money is not realistic. Bet911 and Robert deserve all the flack that posters want to give them - if he's really as honorable as he'd like to claim then him being ripped like papier-mâché would have no bearing on whether or not anyone saw their funds.

[Toit]

I am not sure how fair that is. Yes it is true, Carl trawled the net and posted on pretty much every forum (and sticked around to reply if anyone was interested) out there. It is not like he specifically chose to go for bonus abusers. Chances are he didn't read any of the other threads on that forum, he just googled bet911 and went straight to the thread, then posted that Bet911 was back in business and that all outstanding debts had been cleared. I don't see anything wrong with that. In retrospect it may not have been the best place for him to post, but as he was already posting here and at other forums then the moneysavingexpert users would have caught on eventually.

Bollox, people on MSE even asked him if it was okay to lay bets on Betfair and he said it was no problem.

[Donadon]

Bill, or anyone from sbr, been in contact with them?

[Kaka]

Hopefully we´ll have some news today. "Word on the street" is that Robert is meeting potential buyers..
I sure hope he (Robert) has contacted Bill or any others from the SBR staff. And if not yet, then when his own attempts might fail.

[katstale]

Everyone involved in this can save themselves alot of pain and suffering by reading the old Cascade threads. people were posting the exact same "hopeful" thoughts. This shop is following the Lenny model to a T. Blame everyone else, keep the book open to scam new people, and continue to hold out glimmer of hope to the people he stiffed. It's all in the first chapter of Con Man 101. If any of this comes back to you, consider it found money. Or, you could just call on Tuesday and ask for a payout from Cascade. Result will be the same.

[SBR Lou]

Bill, or anyone from sbr, been in contact with them?

Bet911 passed on SBR's help, however they claimed to be in discussion with 3 books. If they indeed do have 3 dialogues going it's likely more than the amount of books we would be able to approach to pay their debts.

[midnight777]

why would a book take their business.?

[Tomato]

Interesting. Tomato had an eye on this book but never posted up.

[ericthegangster]

To all concerned:

Bet911 has no funds to pay our players at this time. I want everyone to know that we are doing our best to relocate all of bet911 players with another book that will honor all the funds you have in your accounts and the withdraws that you are all requesting. We have no funds cause you the players have beaten us. It is that easy. We are honorable and are trying to either sell the book or find some partners that will back us up with funds. My estimated date for resolvement of this issue is the 21 of May to the end of May. Yes there is a chance that we may not find anyone, but I am trying my best and I will keep you all updated as to what is happening when something does happen.

Robert
Bet911 GM

You are scum. Kill yourself.

[ericthegangster]

LOL! I just signed up for a new account there:

Signup was sucessfull!
Your Account ID is: <removed>
Thanks for your trust!

WHAT A JOKE!

[Marginalis]

[MBENZ]

LOL! I just signed up for a new account there:

Signup was sucessfull!
Your Account ID is: <removed>
Thanks for your trust!

WHAT A JOKE!

So new deposit money is good?Old payout money is bad?Sounds like deposit only book,just what everybody needs.

[skrtelfan]

I read on another forum that someone owed a small figure, around a thousand or so, asked in live chat about the status of his cashout and was promptly told to "go away" because they had bigger cashouts to deal with!

[Kaka]

a positive spin on that one would be that they are dealing with cashouts

[Intuitive_Edge]

You are scum. Kill yourself.

[ringemup]

wow, wut a bunch o crooks... jus look at the name bet911 wtf does 911 have anything to do with gambling?

[intergagne]

chat with bet911

Hello
Today i'm chat with bet911 (Robert)
hi
Robert:
hello
Robert:
withdraws are not being done
Robert:
deposits are not being done
Robert:
bet911 is closing
BTXXXXX:
why?
Robert:
cause you the players beat us
Robert:
we are out of money
Robert:
we are trying to place all players with their balance in another book
Robert:
have a good day sir

now?

[in play, run(s)]

Wow, that was amazingly polite. He didn't tell you to f*** off?

[ProfaneReality]

he is only saying that on chat to new accounts... he know he is being trapped...

[Peep]

Good news is these guys will be around for awhile. They aren't going anyplace. They are now offering 70% bonuses on new deposits (YIPPEE!).

And the site still shows they offer lots of ways to withdraw funds.

• When you deposits via NETeller it is always free of charge and are processed 24 hours a day.
• Withdrawals via NETeller will incur a 55 USD administration fee and a neteller transaction fee and can be processed Monday through Firdays between 9:00 AM ET and 4:00 PM ET, as long as your payout has been approved by our payouts team. they must be requested via email to accounting@bet911.com
• There is a limit of $1500 per request every 7 days.
• Bet911 customers are entitled to one free withdrawal every 30 days via Neteller, must be requested on Mondays between 9:00 AM ET and 1:00 PM ET. If you have more than one withdrawal in that 30 day period you will be charged the applicable fees.
• You must have a registered NETeller account to accept funds. Your email for neteller must match your email in your account.
  
  **Contact customers service to see if withdraw opcion is available

• • Request Checks sent via Fed-ex-UPS and DHL takes 8-12 business days to arrive after the date the redemption is processed.
  • There is a limit of $1500 per request
  • Amounts from $200 to $1500 are sent via certified check FedEx. Fee ranges from 65 USD to 155 USD.
  • Request must be made before 10:00 AM EST Monday through Thursday or it will. Contact our accounting department at accounting@bet911.com
  • If your email is submitted after the established time for example after 10:00AM EST the procedure will take place on the next day. If it's received Thursday after 10:00 AM EST or weekend, the request will be reviewed on Monday.
  • Bet911 customers are entitled to one free withdrawal every 30 days via personal check, most be requested on Mondays before 10:00 AM ET. If you have more than one withdrawal in that 30 day period you will be charged the applicable fees.

Money transfer: Request your payout using person to person transfer.

• • Payouts using person to person it will take 5-7 business days to arrive after the date the redemption is processed.
  • The maximum withdrawal is $750 and will incur a fee ranging from 32 to 106 USD.
  • Request must be made before 10:00 AM EST Monday - Friday.
  • If your email is submitted after the established time for example after 11:00 AM EST the procedure will take place in the next day. If it's received on the weekend, the request will be reviewed on Monday.
  • Customers are limited to one transaction every 8 days in their name per provider.
  • All payouts via Money Gram will be sent to the account holder only.
  • Money transfer does not apply for a free withdrawal.
  • Contact us at accounting@bet911.com Fees apply depending on the amount requested.

***********: Dollars only transactions

• • • Request *********** sent via regular mail takes 10-15 business days to arrive after the date the redemption is processed.
    • There is a limit of $750 per request does not matter what currency your account is in.
    • Amounts from $100 to $750 are sent via regular mail fee is $40.
    • Request must be made before 10:00 AM EST Monday through Thursday. Contact our accounting department at accounting@bet911.com
    • If your email is submitted after the established time for example after 10:00AM EST the procedure will take place in the next 24 business hours. If it's received Thursday after 10:00 AM EST or weekend, the request will be reviewed on Monday.
    • Bet911 customers are entitled to one free withdrawal every 30 days via ***********, most be requested on Mondays before 10:00 AM EST.

[blix177]

I wonder are the employees going to get paid?

[katstale]

Only one employee now!

[yobinad]

Another scam book

[chrikar]

Any updates from the SBR stuff about the bet911 case?

[HedgeHog]

[quote=ringemup;4505363]wow, wut a bunch o crooks... jus look at the name bet911 wtf does 911 have anything to do with gambling?[/quote]

911 is an alert to a disaster. The name alone should have told you something and I said so last September. Glad I stayed away from these F-ups. That said, I really feel for those that are out $$$$.

[scdavis0]

I looked into depositing at bet911 late last year but the promotions were just too confusing.

[dvsbmx]

I've still got about $1k left in Bet911.
I will take any payment method from them: MB, Neteller, Check, **, Moneygram.

I'd take any payment too. That also includes fingers, hands, and heads. Just kidding. Anyway, best of luck to anyone who has money tied up with this broke/half ass book.

[skrtelfan]

911 is a joke.

[Kaka]

Hi Bill, Lou or someone else. Any news at all in this case? I understand from other forums that Robert might still be trying to do the right thing here. I have to believe that, eventhough it is hard with no progress beeing reported nor am I able to get in contact with Robert. Any one has been able to contact him? Any new deposits? Anything please?