My understanding of this book is; they give you a $1000 credit roll. You have to make a +400 profit or more before Wednesday to get a withdrawal on Wednesday, which is their only withdrawal day. If you lose 400 or more, you will be required pay whatever you lose by method's of money transfer. You will not be allowed to place anymore bets until you've paid their weekly settlement for your lost. Anything in between the 400 from winning or losing will just be rolled over to the next week.
It's interesting that all communication is done via live chat and e-mail only, just like pinnacle.
Pinnacle isn't doing it to hide.
Comment
gmanea
SBR Hustler
10-21-07
53
#37
hell no im no 'shill' lol. I've been around for a while as bigboydan said. Just expressing my thoughts. I'll share my experiences, simple as that. If I don't get paid I'll be more than happy to share that, if I do get paid I will also let people know.
Personally, I think it is legitimate and they have the best of intentions. I could be wrong of course. Now just because it may be legitimate and best of intentions does not mean it will be a success, as I said earlier, time will tell.
Comment
2Pac
SBR MVP
12-12-07
1474
#38
Originally posted by gmanea
hell no im no 'shill' lol. I've been around for a while as bigboydan said. Just expressing my thoughts. I'll share my experiences, simple as that. If I don't get paid I'll be more than happy to share that, if I do get paid I will also let people know.
Personally, I think it is legitimate and they have the best of intentions. I could be wrong of course. Now just because it may be legitimate and best of intentions does not mean it will be a success, as I said earlier, time will tell.
Seeing that they owe you $600, I think that you're HOPING they are legit.
Looking at everything objectively, though, I'd say that the chances of it being legit are about 20%.
I asked the guy on chat waht they do when people don't pay. He said they just block the account. The fact that they don't pursue it any further tells me that its a scam.
Comment
gmanea
SBR Hustler
10-21-07
53
#39
Originally posted by 2Pac
Seeing that they owe you $600, I think that you're HOPING they are legit.
Looking at everything objectively, though, I'd say that the chances of it being legit are about 20%.
I asked the guy on chat waht they do when people don't pay. He said they just block the account. The fact that they don't pursue it any further tells me that its a scam.
Yes I certainly am hoping they are legit, I'm optimistic at this stage. On chat the guy was more than friendly and keen to send me my money this Wednesday. The way I see it, doing the right thing by people like myself will in turn get them more business as I'll spread the word and bring my friends, which I will gladly do if I find them to be legit. Also, in the future if I lose I am more likely to pay them than a new client.
Comment
2Pac
SBR MVP
12-12-07
1474
#40
I understand that gmanea, and the concept is a good one.
The way they have it setup isn't. Anyone can register an account there. No matter what they say, they don't check the last 4 of your SSN against your name / address (trust me on this). They have no way of knowing who a person is until the perrson actually sends in their documents.
They don't give out a phone number or address. They consider themselves to be "a very private operation".
The way they are taking registrations now is setting them up to get burned. No one in their right mind would send them a damn cent if they lost unless they were positive that the company was paying out winners. Even then you have people that will stiff them just because there are no repercussions.
Comment
SSLP
SBR Hall of Famer
02-29-08
5232
#41
Ive worked for a couple of credit shops myself and their chances of getting US customers to pay is virtualy non existant , all it takes is a call to your local sheriffs department
that at such hour and such place a collector of an online gambling operation ***offshore**** that is offering you credit to make bets is asking you for money and 2 hours later , site is down no way of contact and just another ghost in this non forgiving industry and some poor collector facing jail time
Comment
frostno98
SBR Hall of Famer
09-11-07
9769
#42
These credit sites are indeed very private. Local bookies where i'm at run a similar type credit shop, but credit is only given to clients that they are familiar with. People they know that are legit and will pay up.
Comment
2Pac
SBR MVP
12-12-07
1474
#43
Originally posted by frostno98
These credit sites are indeed very private. Local bookies where i'm at run a similar type credit shop, but credit is only given to clients that they are familiar with. People they know that are legit and will pay up.
Exactly, and this is why CreditWagering makes no sense to me. To get a credit account with Jazz, you have to apply as if you were applying for a credit card (Full SSN, verify identity by answering questions). At CW, anyone can sign up, and they don't even check your SSN. I signed up with bogus info just to see if it would work, and I have a $1000 credit line.
Comment
SSLP
SBR Hall of Famer
02-29-08
5232
#44
THATS IT
ITS A SCAM
and a rather stupid one if you ask me
giving credit to people who they have never even seen , nope thats bad bookmaking
MARK IT
Comment
bigboydan
SBR Aristocracy
08-10-05
55420
#45
If you guys really want to add a crazy twist scenario to this book. The why not really think outside the box and say it's a possible sting instead of a scam site.
Comment
2Pac
SBR MVP
12-12-07
1474
#46
Originally posted by bigboydan
If you guys really want to add a crazy twist scenario to this book. The why not really think outside the box and say it's a possible sting instead of a scam site.
I thought of that, but that would be entrapment.
Comment
SSLP
SBR Hall of Famer
02-29-08
5232
#47
I have done some further research and it seems like this book might be a cover for something , it just doesnt add up .
All the credit shops do cold calling with lists from other books saying how getting money in and out of books is so tough specially for US residents , and how they can have someone drop off or pick up money or send a moneygram in.
And listen guys do you really trust someone thats giving you a dime for your 4 sssn #s that means nothing.
Stay away , be very away
Comment
bigboydan
SBR Aristocracy
08-10-05
55420
#48
Originally posted by gmanea
I'm up over $600
If they pay me without any problems I will have no hesitation in recommending them to others. If I do get paid, I intend to pay them in future if I lose.
I do question their long term viability because I think many people will not pay, but we will see how it goes. I guess they have to build reputation like all books, perhaps it could be a success I don't know. Time will tell
Whats the latest and greatest on your withdraw sir?
Comment
gmanea
SBR Hustler
10-21-07
53
#49
Originally posted by bigboydan
Whats the latest and greatest on your withdraw sir?
To be processed wednesday
Comment
bigboydan
SBR Aristocracy
08-10-05
55420
#50
Originally posted by gmanea
To be processed wednesday
Please keep us updated on your withdraw details sir.
Comment
getlowplayaz
SBR Rookie
01-17-08
16
#51
keep us updated
Comment
frostno98
SBR Hall of Famer
09-11-07
9769
#52
Hey, they just changed their withdrawal options from a debit card method only, to a check withdrawal only. Talk about a drastic revision in payout methods with no explanation.
Comment
bigboydan
SBR Aristocracy
08-10-05
55420
#53
Originally posted by frostno98
Hey, they just changed their withdrawal options from a debit card method only, to a check withdrawal only. Talk about a drastic revision in payout methods with no explanation.
I can't help but to wonder if the checks will be delayed due to some mysterious processing problems that arise.
Comment
robmpink
SBR Posting Legend
01-09-07
13205
#54
I signed up and am up about $500 since yesterday. Before you request the payout they need a copy of your drivers license. Geez with the last 4 #'s of the SS# and DL #, DOB, Address can;t they open accounts in your name? Meaning they could be passing the info along to other people. If I remember correctly in order to open Neteller or ******* you only needed the last 4 #'s of your SS#, not the whole SS#. Maybe I am being paranoid. Even if I am up over the $400 I don't know if I will send in the DL. It is limited to $100 bets and I don't know if there is a rollover. I'll have to look. I read somewhere about a 10 time rollover. If it is true, you have to make like 100 $100 bets to meet the rollover.
Comment
2Pac
SBR MVP
12-12-07
1474
#55
everything points to scam. I wouldnt send them ANYTHING more than what you have signed up with.
Comment
frostno98
SBR Hall of Famer
09-11-07
9769
#56
Originally posted by robmpink
I signed up and am up about $500 since yesterday. Before you request the payout they need a copy of your drivers license. Geez with the last 4 #'s of the SS# and DL #, DOB, Address can;t they open accounts in your name? Meaning they could be passing the info along to other people. If I remember correctly in order to open Neteller or ******* you only needed the last 4 #'s of your SS#, not the whole SS#. Maybe I am being paranoid. Even if I am up over the $400 I don't know if I will send in the DL. It is limited to $100 bets and I don't know if there is a rollover. I'll have to look. I read somewhere about a 10 time rollover. If it is true, you have to make like 100 $100 bets to meet the rollover.
Just block your DL number!
Comment
gmanea
SBR Hustler
10-21-07
53
#57
I am up over $1250 now with them, through wagering on baskets only. Yes picked some nice ones. I requested a withdrawal for $600 as I mentioned earlier, which is said to be processed this Wednesday.
Will update.
Comment
2Pac
SBR MVP
12-12-07
1474
#58
Originally posted by frostno98
Just block your DL number!
I asked them if I could do this when I sent in my DL (which i'm not going to do), and he said No, must leave DL # visible - "just one of our rules since we offer credit"
Comment
robmpink
SBR Posting Legend
01-09-07
13205
#59
Today I am up $1,150 w/ them. I opened the account yesterday. I am 20-5-2 go figure. I lost $200 in the casino. I really have poor expectations of getting paid but I may take a stab. The guy through live chat said play, get paid, and tell your friends. He seemed to be an american based on the grammer.
Comment
bigboydan
SBR Aristocracy
08-10-05
55420
#60
Very nice Gmanea & Rob... Congrats
Keep us posted on the payout process.
Comment
2Pac
SBR MVP
12-12-07
1474
#61
Dan is there any way that SBR could do a formal check on this site?
Comment
pokernut9999
SBR Posting Legend
07-25-07
12757
#62
Originally posted by robmpink
Today I am up $1,150 w/ them. I opened the account yesterday. I am 20-5-2 go figure. I lost $200 in the casino. I really have poor expectations of getting paid but I may take a stab. The guy through live chat said play, get paid, and tell your friends. He seemed to be an american based on the grammer.
How did you bet 27 games in one day ?
Comment
frostno98
SBR Hall of Famer
09-11-07
9769
#63
hell, I'm going to try them for the hell of it. Going place the same bets their as I would with my real books.
Comment
robmpink
SBR Posting Legend
01-09-07
13205
#64
Originally posted by pokernut9999
How did you bet 27 games in one day ?
I played 8 1:00 spring training games and went 7-0-1. Then I played 14 or so 7:00 college baskets then later games.
I think the key here is whether Gmanea gets paid. I saw a post over at covers and he has been posting there awhile. The post is weird because it has people coming out of the wood work with it being there first post saying they were paid by moneygram. I doubt this. Honestly, I'm just going to sit on the $1,000 profit and wait until next week. I say I have a 10% shot of this being legit and don't want to send my ID until I could do some more recon.
At the other place a guy who has been there for a year said they are giving him a moneygram # later. I'll keep you posted.
Comment
bigboydan
SBR Aristocracy
08-10-05
55420
#65
Originally posted by 2Pac
Dan is there any way that SBR could do a formal check on this site?
I did pass your request on to the office earlier today sir, however I don't know how much more we can really find out about them. Because you said you asked them in post #31 if SBR could inspect their facility and they said no.
Comment
robmpink
SBR Posting Legend
01-09-07
13205
#66
Here is the update from the guys MoneyGram payout today.
anyway..."ben" just called me...he told me that he sent a local to some grocery store to send out money grams to the customers. he said after every two moneygram payouts the cashier made the local go to the back of the line. and after 4 payouts the loyal got annoyed and called it quits for the day. Ben said he was pist at the local and extremely sorry and guaranteed he would have the control number for me by noon tomarrow...take it for what its worth...
ill keep you posted
Comment
2Pac
SBR MVP
12-12-07
1474
#67
Wow rob. Just wow
Comment
robmpink
SBR Posting Legend
01-09-07
13205
#68
Originally posted by 2Pac
Wow rob. Just wow
Yeah it doesn't look good right now. I got some more info. They said there is a $1,000 max payout per week. I'll sit back and see what happens w/ this guy and the other guy. If things go well, I'll send in my Dl and cash out for $1,000. If not, I won't be upset.
Comment
bigboydan
SBR Aristocracy
08-10-05
55420
#69
Originally posted by robmpink
Here is the update from the guys MoneyGram payout today.
anyway..."ben" just called me...he told me that he sent a local to some grocery store to send out money grams to the customers. he said after every two moneygram payouts the cashier made the local go to the back of the line. and after 4 payouts the loyal got annoyed and called it quits for the day. Ben said he was pist at the local and extremely sorry and guaranteed he would have the control number for me by noon tomarrow...take it for what its worth...
ill keep you posted
I think 2pac said it best Rob...WOW!
This type of stuff sure doesn't help their case even if it was actually legit.
Comment
biglubes
SBR Rookie
03-06-08
4
#70
hey im that guy from the other website who you guys are ""ing. Ill post on here as well if I get paid tomarrow.