WSEX --what a name for a company
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two people i have alot of respect for in the industry are you,and chuck sims.i hope you are wrong,but i think you are right to a point. meaning people will be dishearted if they cant move money.they are still some books in the inbdustry,and the gamblers watching this post i hope you dont five up on the industry.
we had fly by knights in the industry[****ing esb],netellar pulling out,and bushes ****ing gambling billl.the industry will survive guys,just dont give up. i wish they would regulate the industry like englang does,but that is a story for another day.
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iam not saying everybody are saints at sbr,but if i had to choose between them and other gsmbling forum.i would choose sbr hands down.i do a gree with you that sbr schoul be held accountable.i alsp agrre with you about doug.if there is a run on the books out of fear because of the bill it could get scary.
y
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They seem to have a number of supporters despite the number of negative posts. SBR is risking their reputation on them.Comment -
betphoenix needs to start paying people quicker, bottom line, end of story, when books pay slow and lie to their customers and make up excuses about not being able to pay out then people worry and jump to stupid conclusions.
i could be wrong but if a book payed people out quickly and efficiently it would only serve to further their profit down the road through return play and good reputation, just seems like a long term stupid decision to me to put people throught this nonsense.Comment -
Not worth mentioning, sorry.Comment -
UIGEA will make it harder to deposit - but there will still be ways - including new forms that are not around yet.
It may well weed put the weaker players.
Bet Phoenix? Don't know - don't play there - don't care! But my gut feeling is that they will survive - at least until this time next year!Comment -
As RONALD pointed out, they are a huge favorite to be around until September and beyond.
The thing is though, is that there are tons of book out there that are much bigger favorites to be around.Comment -
There is no reason for there to be a run on the books. The enforcement act is toothless, this was admitted in the financial services committee hearing in spring of 08 (or maybe 2009). It was admitted by the CEO of wells fargo and a rep from the justice department (admitted to barney frank) that the uigea will do nothing to slow online gambling. I watched it live on TV, heard it with my own ears and saw it with my own eyes.iam not saying everybody are saints at sbr,but if i had to choose between them and other gsmbling forum.i would choose sbr hands down.i do a gree with you that sbr schoul be held accountable.i alsp agrre with you about doug.if there is a run on the books out of fear because of the bill it could get scary.y
The real threat is regulation bill by Frank. This would regulate online poker and casino, separate them from online sports betting, and then go after online sports betting to try to end it. May 19th of this year there was another hearing about the current proposed legislation. IRS reps were there.
From poster Schwallie at 2+2 (who was watching the hearing): "The IRS supports anything regulating online gaming and helping to stop the illegal overseas gambling, so that it would be easier to collect the tax." The illegal overseas gambling referred to here would be anything not regulated by the USA, and that would include ALL ONLINE SPORTS GAMBLING.
The regulation legislation is not for online sports gambling. In fact it calls for a severe clamp down on "illegal overseas gambling" which is sports betting. Barney Frank is the online poker player's friend, he is the enemy of the online sports gambler. You better hope that legislation never passes. That is the threat, not the UIGEA.Comment -
We could always just bet through pokerstars user player to player transfers with no vig.Comment -
Frank is a fukking tool, just like most of his colleagues. They don't have a clue about anything. But don't worry, the banks do not want to become government policemen, and if they are fighting on the same side as us, we probably won't lose.Comment -
I remember watching some UIGEA hearing where the banks were adamant they did not want the responsibility of identifying "gambling transactions", and were especially concerned about their liability if they were to let them slip through unidentified. They wanted no part of it. Then Ron Paul came in and blasted the bill for a few mins and took off. Love that guy.Comment -
WILE, it would be in a sportsbooks best interest to have a pokerroom then, right???Comment -
I don't think that would matter. Here is how I think it would work. The legislation passes, and sites that want to get licensed will have to either not have a sportsbook or simply have the ability to take away access to the sportsbook from the USA customers. So the USA customer can play in the poker room and not the sportsbook. The government may not even allow a site to have both poker room and sportsbook, I don't know.
If the poker room/sportsbook remains unlicensed and has a sportsbook or allows its players access to a sportsbook, govt will go after it.
The point of the legislation is to SEPARATE online poker (and possibly casino) from online sports gambling. I don't think simply having a poker room is going to cut it Fisher.
Up to this point though the govt has not been able to stop online sportsbooks from operating, but if legislation passes efforts will be ramped up against the online sports book industry. How effective these efforts will be, I don't know. Kyle is hell bent on stopping online sports betting. I think he is willing to give poker (PPA) what they want to get them out of the way so he can lead the charge against "illegal offshore online betting". If he gets poker out of the way and legalizes it, new laws could then be passed against online sports betting, etc.
The problem is that online poker is in a gray area, and up to this point online sports gambling has been seen in sort of the same light as online poker. If legislation passes online poker is all of a sudden legal, online sports betting is not, and it becomes the focus of UIGEA and we could probably expect future laws against online sports gambling (to protect the newly legal and cash cow that will be LEGALIZED USA ONLINE POKER).
By the way, I hope I am dead wrong about this (I hope legislation doesn't get passed in the first place), but from reading the poker legislation section at 2+2, they (PPA and Frank) are more than willing to throw online sports gambling under the bus to get their poker legalized.Comment -
Geezus, this is really terrible news.
I think you are spot on...........I may start making plans to move back to Vegas now.Comment -
iam surprised you were able to read my wrighting wileout. iam sorry for such shitty writing.i was half a sleep,and took a pill of oxy for my back.i wish we could regulate gambling like how england does,but you are right that the frank bill would only hurt us sports gamblers.the bill is only for poker.but saying that ive heard franks say people should have the right to do what they want to in their own home.i believe you would agree that deleware came damn cloce to what we wanted until the nfl came in.what i meant by run on the banks was the fact money is hard in this day and time, and if people think the industry is getting worse they wont deposit.i remember the shrink saying after neteller,and the anti gambling bill passed it really hurt the offshore industry.i have a fear that people will close their accounts while telling other gamblers everything will be okay.Comment -
tarheel I am going to remain optimistic. Right now I'm not worried about it, legislation has a long way to go before passing and we will be able to see it coming if it does start to roll. If time comes that we think its going to pass I'm sure there will be much more discussion about ramifications for sports bettors and what to expect.
I would love to have Englands open minded approach here in the states, not only is sports betting legal, but I don't even think they tax winnings, do they?
Fisher it must be nice to be in a position to up and move when and where you want to, I'm jealous
What I said above is just my best guess of what could happen based on my readings of legislation forums. It could go down completely opposite from what I said. But a lot of people (including yourself) have the same feelings about it. Surely mods or other guys here know better about it than I do, and I haven't read anything much from them about it. Maybe there is no real threat to the offshore industry. We shall see.
There is the possibility that legislation could actually help the whole online gambling industry. Some people think it would.Comment -
Thanks 1tarheelfan, I see business as usual after June 1st. Lets hope the Dems can pass something to favor internet gambling.two people i have alot of respect for in the industry are you,and chuck sims.i hope you are wrong,but i think you are right to a point. meaning people will be dishearted if they cant move money.they are still some books in the inbdustry,and the gamblers watching this post i hope you dont five up on the industry.
we had fly by knights in the industry[****ing esb],netellar pulling out,and bushes ****ing gambling billl.the industry will survive guys,just dont give up. i wish they would regulate the industry like englang does,but that is a story for another day.Comment -
i am sure there will always be a way around.. like always, the industry will be 2 steps ahead of govtComment -
midnight it has been like that in the past and I hope it stays that way
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i believe they tax it but it is very minimal.tarheel I am going to remain optimistic. Right now I'm not worried about it, legislation has a long way to go before passing and we will be able to see it coming if it does start to roll. If time comes that we think its going to pass I'm sure there will be much more discussion about ramifications for sports bettors and what to expect.
I would love to have Englands open minded approach here in the states, not only is sports betting legal, but I don't even think they tax winnings, do they?
Fisher it must be nice to be in a position to up and move when and where you want to, I'm jealous What I said above is just my best guess of what could happen based on my readings of legislation forums. It could go down completely opposite from what I said. But a lot of people (including yourself) have the same feelings about it. Surely mods or other guys here know better about it than I do, and I haven't read anything much from them about it. Maybe there is no real threat to the offshore industry. We shall see.
There is the possibility that legislation could actually help the whole online gambling industry. Some people think it would.Comment -
It will not become regulated in the next 20 years.Comment -
The law will have no effect, other than intimidate those who are easily intimidated. Sportsbook deposits nowadays go through several banks before they reach the final party (and not under sportsbook names). There is no way on earth that banks are going to check every single deposit (not just the ones by gamblers!) all the way to the final receiving party; and then have some detective in Panama or Timbuktu identify the receiving party as a 'sportsbook'...? Why would they? They stand absolutely nothing to gain from it. Do you think the banks are going to go out of their ways, above and beyond the call of duty, to make some politician look good? Banks couldn't even do so if they wanted. And they don't want to, because there is no money in it for them. All this is is political sable rattling.Comment -
I can make a legal bet in Florida offshore 34 miles.Comment -
WileOut, what your saying is true to some degree but the problem is... do you think Poker Stars and Full Tilt would all of a sudden get licenses from the same US government that they have screwed over and ignored? No way they stand a chance to be licensed. Do you think the 10s of thousands of Americans are just gonna stop playing there all of a sudden if it licensed poker is all of a sudden legalized? No way everyone stops and no way they will even stop advertising.... Therefore, there will still be offshore gambling "allowed".. as in put up with, but look the other way... like it has been for how many years. And believe me, there is no way for the government to tell the difference between a sports betting site and poker site....
If you havent noticed, the sports betting sites that do work with credit cards usually show up as transactions like Health Foods, Electronics, etc. from random EUROPEAN/ASIAN places like Amsterdam, Dubai, Singapore, etc. There is absolutely no way for the banks to tell the difference between a real transaction from London, and a gambling transaction from London that is disguised as electronics....
Places like Poker Stars, Bet Jamaica and The Greek don't accept most CCs because they show it as actual gambling transaction code..... most sports betting sites are sharper then that and disguise the transactions. I think part of it is cause these 3 aforementioned sites wanna have a chance to be legallized and licensed when the US does do legalize it...Comment -
A lot of clueless posts here.Comment -
offcourse he does...Comment -
Good. If you're going to be a caps-lock douche, keep your posts small and spaced.MY PROBLEM NOW WITH BET PHOENIX IS DAVE RAN THE BOOK AND ACCEPTED THOUSANDS OF DOLLARS FROM ME THEN HE OWNS A FORUM AND DOESNT ALLOW ME TO POST IN IT
THATS TOTAL BULLSHIT F-CK BET PHOENIX THERE ARE BETTER BOOKS 
DAVE USED TO MAKE THE ROUNDS AT ALL THE FORUMS AND POST NOW WE SEE WHY THE PHONY F-CK LEFT ITS BECAUSE HE HAD A PAID INTEREST AT THE EOG I SUPPOSE DAVE HAS LENNY FROM HIS CASCADE DAYS BACK ON HIS PAYROLL I WOULDNT BE SURPRISED
Edit: his original post was well-spaced.Comment -
A lot of information here. Fact or hearsay?
And why are you the only one at SBR still giving behind-the-scenes information? What happened to Dozer?
John, how financially secure is BP? That was always the number one selling point to me. I remember them bailing out BetOT last year. But they're leaning towards slow-pay these days, which directly undermines that selling point. As long as that financial security remains strong, I don't really care too much about the day-to-day details.Comment -
People with tons of money are capable of stealing, never forget this fact.Comment -
They are rated B+, how can they could they steal players? How can they be in high rating catagoryComment
