For those that missed the ABC Island issue

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  • DukeJohn
    SBR MVP
    • 12-29-07
    • 1779

    #1
    For those that missed the ABC Island issue
    For those that missed the latest ABCisland issue as reported by SBR. Here it is:

    8/21/2010 11:44 AM
    abc Islands player reports partial payments
    An abc Islands (SBR rating C) player with a total balance of $16,000 reports receiving partial payments. After discussing his account status last Friday with the sportsbook and being informed he could not be sent a $5,000 payment at once, he agreed to accept partial payments of $500 a day via **. abc Islands sent the player $500 4 days in a row with a fee of $69 per transaction. The Jazz Sportsbook Group was downgraded to C on June 1st for falling behind on payouts and inefficient eWallet service.

    abc Islands player:
    Yes I spoke to someone at abc last friday, they said they CANNOT pay 5k at once right now, so I was furious. They said "when football starts." They offered **/** but said they can only do 500/day, with different names, etc. so I did get 4 payments of 500 each, for a total of 2000 out. It costs me like $69 for each 500, but I dont care, I am looking at big picture. I will call them next week and do the same, just trying to pull out as much as I can as I am done with this book.
    Scary stuff for those that have money there. If they can not even pay $5k and need the deposits from the football season to do it, that is a huge red flag.

    I am sure it isn't just this guy they owe and it is much more than $5k, but still. Hopefully, they will get back on track in the future and I will wait until SBR gives the okay, but for now, I would stay away and if you have money there...

    Best of Luck,

  • Joe Dogs
    SBR MVP
    • 07-20-09
    • 1931

    #2
    This is not good......Time to run from this place.
    Comment
    • HedgeHog
      SBR Posting Legend
      • 09-11-07
      • 10128

      #3
      I'm slooooowly getting paid too, but I'm optimistic that they will survive or get bought out by a major Book.
      Comment
      • SpiderMonkey
        SBR Wise Guy
        • 08-30-09
        • 552

        #4
        Pulled my money from Jazz when that group had their last hiccup. Staying away from all of them.
        Comment
        • thespeculator
          SBR MVP
          • 09-09-08
          • 2999

          #5
          they were considered by many an elite book , even though they were graded a B , hope they get things worked out for the sake of the players ,
          Comment
          • waco66
            SBR MVP
            • 04-14-09
            • 1645

            #6
            yuck
            Comment
            • pokerplayer22
              SBR MVP
              • 05-09-09
              • 1207

              #7
              Ive been telling people for over a year to stay far away from any book that is run by the corrupt Alex Powers, who last i saw was the GM of Jazz. He is the biggest lying snake weasel in the business and it was only a matter of time before he exposed himself.
              Comment
              • John Howard
                SBR Rookie
                • 05-26-10
                • 10

                #8
                hi,

                I have been trying to withdraw for a couple of months now. I have nearly $8000 in there. I have been trying to contact them via powers@jazzsportsorts.com with no luck, also via there email system online. Anybody got a better way I can get in touch with them. Also does anybody know their governing body like IBAS....

                The people that are slowly getting paid, what withdrawl method are you using, moneybookers?
                Comment
                • John Howard
                  SBR Rookie
                  • 05-26-10
                  • 10

                  #9
                  sorry spelling error powers@jazzsports.com
                  Comment
                  • mtneer1212
                    SBR MVP
                    • 06-22-08
                    • 4993

                    #10
                    John,

                    Fill out an SBR complaint form, and have them contact Jazz on your behalf. By the way, you aren't from the Pittsburgh-Morgantown area are you?
                    Comment
                    • pokerplayer22
                      SBR MVP
                      • 05-09-09
                      • 1207

                      #11
                      I hate to be the bearor of bad news but my advice would be to somehow get a hold of the dishonest scammer Alex Powers and offer to cut a deal with him. Such as if he sends you 4k within a week, you'll forget about the other 4k. Thats what I had to do about a year ago (although it was for a smaller amount). I know its not right but in my opinion receiving 4k is better than 0 and this scam artist will try anything under the sun to avoid issuing payouts.

                      Good luck bud..I hope Powers doesnt do to you what he's done to me and many others.
                      Comment
                      • Halifax
                        SBR Wise Guy
                        • 08-10-05
                        • 553

                        #12
                        Originally posted by pokerplayer22
                        I hate to be the bearor of bad news but my advice would be to somehow get a hold of the dishonest scammer Alex Powers and offer to cut a deal with him. Such as if he sends you 4k within a week, you'll forget about the other 4k. Thats what I had to do about a year ago (although it was for a smaller amount). I know its not right but in my opinion receiving 4k is better than 0 and this scam artist will try anything under the sun to avoid issuing payouts.

                        Good luck bud..I hope Powers doesnt do to you what he's done to me and many others.
                        Dumb idea, IMO ... likely worst case scenario is that they get absorbed by BetCRIS, which would mean the guy would get his full $8K.
                        Comment
                        • mtneer1212
                          SBR MVP
                          • 06-22-08
                          • 4993

                          #13
                          Originally posted by Halifax
                          Dumb idea, IMO ... likely worst case scenario is that they get absorbed by BetCRIS, which would mean the guy would get his full $8K.
                          That would be pretty complicated...... their business involved land-based casinos, and a problem with the US Justice department as chronicled earlier this year........ I think they are too poisoned right now for a group like CRIS to step in.
                          Comment
                          • Halifax
                            SBR Wise Guy
                            • 08-10-05
                            • 553

                            #14
                            Originally posted by mtneer1212
                            That would be pretty complicated...... their business involved land-based casinos, and a problem with the US Justice department as chronicled earlier this year........ I think they are too poisoned right now for a group like CRIS to step in.
                            Disagree.

                            Jazz/ABC have had a fairly decent reputation up until their recent problems.

                            BetCRIS has taken over a lot of books that had a hell of a lot worse reputation than Jazz (Gamblers Palace, Rich Coast Sports, a half-dozen other ones). In a lot of cases, BetCRIS does it for the good of the industry as a whole rather than purely a profit motive.

                            And regarding the land-based casinos, BetCRIS wouldn't necessarily want or get those anyway ... those are another story altogether.
                            Comment
                            • me-first
                              SBR MVP
                              • 05-01-10
                              • 1054

                              #15
                              Didn't CRIS step in and take on ABc Islands accounts once before, about 7-8 years ago? I can't remember the whole story though, thinking some ABC people restarted the book a short time later. I could be way off though, my memory isn't what it used to be..
                              Comment
                              • Doug
                                SBR Hall of Famer
                                • 08-10-05
                                • 6324

                                #16
                                "D" sounds more like it.
                                Comment
                                • John Howard
                                  SBR Rookie
                                  • 05-26-10
                                  • 10

                                  #17
                                  Originally posted by mtneer1212
                                  John,

                                  Fill out an SBR complaint form, and have them contact Jazz on your behalf. By the way, you aren't from the Pittsburgh-Morgantown area are you?
                                  No im from the UK, I filed a complaint with SBR over 6 weeks ago, I haven't heard anyhting back as of yet. I have emailed them today to see Ive they have any news for me.
                                  Comment
                                  • John Howard
                                    SBR Rookie
                                    • 05-26-10
                                    • 10

                                    #18
                                    Well lets hope BetCRIS does absorb them!
                                    Comment
                                    • minet123
                                      SBR Posting Legend
                                      • 02-17-07
                                      • 10280

                                      #19
                                      If you allow one of your largest agents in the Philadelphia area to bury your money in PVC pipes in the back yard instead of sending someone to get it and "wash it up" for you not to mention his outstanding sheets
                                      You are going to have to absorb that major hit and they can't
                                      Comment
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