betEd, you gotta get with the program

[Justin7]

BetED voids $14,300 in winnings in deposit identity case

BetED (SBR rating B-) voids $14,300 in player winnings. On April 27th, a player opened an account with BetED. He made two deposits totaling $2,700 using a friend's Neteller account. His friend does not have a BetED account and gave consent for the deposits. After a few weeks of play, the player successfully withdrew $3,000. On May 24th the account balance was up $14,300 (total balance $17,000). BetED became aware that the name registered to the account was not the same as that on the Neteller account, and required proof of ID. The player sent both his and his friend's ID.

BetED then cited the following rule and voided the account balance:

All information provided by a player must be accurate and verifiable. If you have provided false information or are unable or unwilling to provide documentation to confirm your information, your account may be terminated and all activity within the account considered invalid.

BetED asserts that the player committed fraud due to the name on his account not matching the Neteller account used. BetED does not claim that either person had an account previously or that it faced any fraud risk by accepting the deposits. | Full BetED report

- - -

So... Yet again, a player deposits with non-matching details. In this case, there was no risk of a charge back; no fraud issue.

"I am god. Gotcha on a rule technicality!" This isn't the first time. They've seized money on a debit card issue, on a casino issue (where I thought they were in the wrong also).

They have to quit playing "Wheel of forfeit". If a player beats you, and isn't bonus/hustling or cheating, you need to pay him. These repeating problems with betEd are more indicative of a C- or D+ book. While I don't directly control book ratings, I think their current rating of B- is very generous.

[rake922]

Keep up the good work

[Dark Horse]

Just different variations on sexypinkchick, or whatever her name was. Always the same documentation angle. They are not an honest book. They weren't then, and they aren't now. SBR rating is very misleading in this case.

[increasedodds]

Is there any rule on Beted's site that Neteller name must match Beted name?

[Sfritts8]

I think in a lot of cases books receive bad raps for payouts based on an occurence such as this one that 99% would never even attempt due to the fact that why would you give a book an excuse to not pay. Not saying BetED is justified but that if you stick to normal things, most books payout.

[HedgeHog]

How easy it would have been for BetEd to check the Neteller transfer name with the one on the account from the very start. Instead they put it through to see what happens. If the player(s) lost, would BE be citing this rule and returning the funds?--HELL NO. Without question, BE is taking a shot here. Pay the account or risk getting your rating reduced to the D range with all the other selective crooks.

[AimingHigh]

Why didn't the player just have a Neteller account in his own name? If Neteller banned him for chargebacks, etc., then deposit via another method or don't deposit at that book.

Is there any rule on Beted's site that Neteller name must match Beted name?

There's the rule Justin cited, though it's obviously more broadly phrased.

Neteller would also have its own rules. Depending on the player's location, there could also be anti-money laundering legislation against doing what the player and his friend did. There's also the possibility that the friend could claim an unauthorised transaction and get Neteller to reclaim the funds from BetEd had the player lost the deposit, not won with it.

So, all-in, it was a stupid move on the player's part... just asking for trouble depositing that way.
But I still think BetEd should have paid out, just closed the account after.

[KC]

BS..if the player lost they could care less

[katstale]

Dumb player move, but once again I agree with logic of Justin.

[patswin]

BS..if the player lost they could care less

That's my thought also, it only comes up if someone wins

Glad I do not play there, they cut my limits to $25 last year.
They did pay though and did not give me any hassles when I cashed out

[BigDaddy]

been awhile for me using neteller so not sure of all the rules.

did the player contact the book letting them know that it wasn't his neteller account?

could he file a claim or ********** if he had lost and would he win 100% of the time by doing so?

if i were to ever do this even with a ** or ** i would let the book know that hey my brother cousin or friend is going to be sending the money in and get email confirmation that is ok to do so.

i have done that before and books have never cared.

[ringemup]

obviously beted was willing to take on the deposit so if the player lost theyd take the money...but u really should not be depositing with someone else's account do not do this in the future if u want to get paid

[Peep]

Neteller does P2P. No excuse I can see for the player not doing a P2p from his "friends" account first, then depositing.

Why give the book an excuse not to pay?

[mtneer1212]

Maybe because his Neteller was shut down for nonpayment?

[Peep]

After a few weeks of play, the player successfully withdrew $3,000.

And how and to where did the player withdraw? To his own account or to "friends"?

If to "friends" it looks as if they are bearding into the book. If to "own account" why didn't he deposit that way as well?

[Justin7]

By the way, the player did bust out in his first deposit of $1700. He reloaded after wiping out.

[BigDaddy]

By the way, the player did bust out in his first deposit of $1700. He reloaded after wiping out.

what was his wager history?

did he place a big bet for 1700

we need to know more IMO to judge what is going on

[tomcowley]

And how and to where did the player withdraw? To his own account or to "friends"?

If to "friends" it looks as if they are bearding into the book. If to "own account" why didn't he deposit that way as well?

It can't be one bearding for the other since neither of them had an account before. BetEd would have happily taken the action from person A, person B, or even person AB if they were conjoined twins. BetEd takes bets it wants to take, from people it wants to take bets from, and makes up a rule not to pay. Crooks gonna be crooks.

I actually paid a friend's tuition last week with my credit card (and put in my name, billing address, etc). Obviously the correct course of action is for the school to let him attend this semester, then when he requests a transcript, void all the credits and kick him out of school because he provided fraudulent information when he signed up. GMAFB BetEd.

[dimon]

I think that Justin and SBR need to re-visit the rankings, maybe its just me, but the rankings are really off sometimes

[Bill Dozer]

By the way, the player did bust out in his first deposit of $1700. He reloaded after wiping out.

Yea, the acct. history is the most damning evidence against the book. The players can do what they want until they win an amount big enough to catch the book's attention. Rules or not, BetEd is overrated in the category of ethics.

[Doug]

They always seemed shady, IMO

Downgrade them, SBR

[Peep]

They don't take Canucks, so I can't play there.

Agree they seem like a shady lot. But any player depositing in anything other than his own name is asking for trouble IMO. The "shadies" do not need much of an excuse not to pay.

[pokerplayer22]

So Bill, what are you waiting for to downgrade this ridiculous book? How can they not be a "D" by now?

[Halifax]

So Bill, what are you waiting for to downgrade this ridiculous book? How can they not be a "D" by now?

They already downgraded them.

[pokerplayer22]

They already downgraded them.

Didnt see that...thanks for the correction Halifax. But IMO they were not downgraded anywhere near enough. The antics that they continue to pull are those what a "D" book would do and not a C+ book

[tblues2005]

I would downgrade these guys down to below the C mark. These guys have a bad reputation of just limiting people to $1 if they just go on a short winning streak also. Now that they are pulling this also they should be below a C grade no doubt.

[Bobbysim]

They still owe me $5K in casino winnings from last December. I haven't heard back from anyone at SBR regarding this issue.

[Justin7]

They still owe me $5K in casino winnings from last December. I haven't heard back from anyone at SBR regarding this issue.

Was that the one I was handling? If it was, I suggested they pay you. Their refusal to pay that claim (and a couple others) contributed to the downgrade, and will continue to put downward pressure on them.

[Bobbysim]

Yes, Justin, you we're handling my claim and I appreciate your effort, but the fact of the matter is that I and the others will never be paid. Don't you agree.

[Justin7]

Yes, Justin, you we're handling my claim and I appreciate your effort, but the fact of the matter is that I and the others will never be paid. Don't you agree.

Sadly, I agree.

[donkdown]

Dont forget these scum thiefs were in bed with PitBull poker they robbed me for 7600 with a superuser. I notified Ed and they just turned the other cheek. This book is shady and full of shit sorry for u players that didn't get paid. This complaint here is complete bs this guy should be paid. This book should be no higher than a D and thats being nice.

[Dark Horse]

From B- to C+ is a slap on the wrist (they came from C+ not too long ago). This book is no higher than C- or D+. That's why many keep their own ratings, I guess.

[HedgeHog]

Was that the one I was handling? If it was, I suggested they pay you. Their refusal to pay that claim (and a couple others) contributed to the downgrade, and will continue to put downward pressure on them.

I agree 100% with your thread to call BE out. But why did this $5k casino ripoff get swept under the rug in December? It seems to me that a downgrade back then might have discouraged bettors, like the OP, from sending these crooks money. This Book has been overrated for a long time, IMO.

[Justin7]

I agree 100% with your thread to call BE out. But why did this $5k casino ripoff get swept under the rug in December? It seems to me that a downgrade back then might have discouraged bettors, like the OP, from sending these crooks money. This Book has been overrated for a long time, IMO.

The casino dispute at least had a legitimate defense, even if I disagreed with it. If I recall correctly, there was a software error that made the banker win more than it should. A player employing a similar strategy on the player would have been unfairly crushed. Either way, Beted freerolls the player.

[HedgeHog]

The casino dispute at least had a legitimate defense, even if I disagreed with it. If I recall correctly, there was a software error that made the banker win more than it should. A player employing a similar strategy on the player would have been unfairly crushed. Either way, Beted freerolls the player.

Fair enough. But I have to agree with posters like DH that the minor drop to C+ isn't enough. Assuming BE sticks with their decision to steal again, a major drop is in order.