Beted also down

thetrinity · 05-24-11, 10:58 AM

Originally posted by stats13

because that would be outright stealing and i'm sure if enough was taken from US taxpayers, the government would go after them hard.

a shop stealing from its customers, never would happen

stats13 · 05-24-11, 11:00 AM

Originally posted by thetrinity

a shop stealing from its customers, never would happen

its not just stealing from the customers. say they got $10m in us funds right now. The US govt could expect, what $2m to get back into accounts. That's a lot of taxable money that has evaporated.

thetrinity · 05-24-11, 11:01 AM

merge network poker via beted

i was wondering if anyone is in this situation. i was playing poker on here via BetEd.com middle of monday. i got off the site and transferred my balance back to beted which i usually do when im finished. can you still enter via the poker software??

thetrinity · 05-24-11, 11:04 AM

i understand what your saying stats but it doesnt look good early on. im taking the hope for the best approach, expect the worst. bookmaker seems to have been prepared for this, they do not seem prepared. they still are advertising on covers, hold that as a glimmer of hope.

stats13 · 05-24-11, 11:44 AM

Lou at covers has info from beted, to be coming soon

thetrinity · 05-24-11, 11:47 AM

thanks stats i been lookin over there every so often to see whats goin on.

pokerplayer22 · 05-24-11, 11:48 AM

Originally posted by stats13

Lou at covers has info from beted, to be coming soon

Keep your fingers crossed guys. Im still willing to talk buyouts.

thetrinity · 05-24-11, 12:13 PM

let me pm you pokerplayer22.

pokerplayer22 · 05-24-11, 12:40 PM

Originally posted by thetrinity

let me pm you pokerplayer22.

Cant figure out how to turn pms on. Any advice?

thetrinity · 05-24-11, 12:43 PM

Originally posted by pokerplayer22

Cant figure out how to turn pms on. Any advice?

go to your profile. edit options. then it has a private message section and theres a box next to enable private messaging.

beyond · 05-24-11, 12:54 PM

Lou got new update on covers

thetrinity · 05-24-11, 12:57 PM

Originally posted by beyond

Lou got new update on covers

the jist of the update if you dont feel like going over there is that beted is in more trouble then bookmaker, hence why its taking longer.

they guaranteed the security of the players funds already in the accounts.

pokerplayer22 · 05-24-11, 01:24 PM

Originally posted by thetrinity

go to your profile. edit options. then it has a private message section and theres a box next to enable private messaging.

System is not allowing me turn pms on. Maybe a mod shut them off at some point...not quite sure. Do u want to email me or vice versa?

AimingHigh · 05-24-11, 01:41 PM

Originally posted by stats13

because that would be outright stealing and i'm sure if enough was taken from US taxpayers, the government would go after them hard.

You mean like the US Govt took on Cascade?

stats13 · 05-24-11, 01:49 PM

Originally posted by AimingHigh

You mean like the US Govt took on Cascade?

Probably not enough was taken

Ballpark · 05-24-11, 03:44 PM

I can't see the update on Covers. Where is it please?

I do know that Wil at the RX is looking at the options now.
BetED are a sponsor over there, and if they are not in a position to pay players
then a bailout may be an option. But everything is in the early stages still.

Ballpark · 05-24-11, 03:50 PM

OK, found the updates on Covers.
I've put them below for anyone who wants the info.
I hope Lou doesn't mind me posting them here.
With Covers and RX on the case I'm feeling a bit more hopeful.

Post One:
"Things should also be positive at betEd, but they apparently need a little more time to react.
Their emergency response should be better, but tomorrow should give them enough time to get into gear.

We will definitely know more tomorrow."

Post 2:

"There still isn’t a whole lot of news, but we did receive some information from betEd.
We’ve been told that player deposits are absolutely secure and they have been putting all of their efforts into ensuring that the authorities can’t put those funds in jeopardy.

Remember folks, that these people were actually named in that affidavit, whereas Bookmaker did not have actual indictments against the decision-makers. So essentially betEd is in a position where any public response they make can and possibly will be used against them in a court of law. It’s a lot easier to act quickly in Bookmaker’s circumstances.
That being said, I sure wish they would hurry up."

SBR Lou · 05-24-11, 04:48 PM

BetEd's rating has been lowered. Like their forum advertiser (Covers), SBR doesn't have much coming from the BetEd camp. We spoke with an accounting contact that was supposed to connect us with upper management.

Players have filed sportsbook complaints indicating that no company wide email has even been sent to their player base at this time.

pokerplayer22 · 05-24-11, 05:40 PM

Originally posted by Lou

BetEd's rating has been lowered. Like their forum advertiser (Covers), SBR doesn't have much coming from the BetEd camp. We spoke with an accounting contact that was supposed to connect us with upper management.

Players have filed sportsbook complaints indicating that no company wide email has even been sent to their player base at this time.

Sounds to me like they just packed up and left with everyones money. Its amazing that not one person has spoken to Beted's management even once yet. Would you agree Lou?

stats13 · 05-24-11, 06:03 PM

Originally posted by Lou

BetEd's rating has been lowered. Like their forum advertiser (Covers), SBR doesn't have much coming from the BetEd camp. We spoke with an accounting contact that was supposed to connect us with upper management.

Players have filed sportsbook complaints indicating that no company wide email has even been sent to their player base at this time.

Yeah, that's totally classless, regardless of what's going on.

strixee · 05-24-11, 06:08 PM

It's really weird. This book just vanished.

potsie · 05-24-11, 06:54 PM

I agree that betED's handling of the situation is completely ridiculous, but I don't think they purposely advertised a bonus in order to squeeze a few more drops of blood from the rock. The government also seized their bank accounts remember? What good would your whopping $250 be to them?

I guess a company would rather take a beating on every sports betting forum and social media platform instead of issuing a statement. They should've at the very least acknowledged that the seizure took place, and assured the players that their funds will be safe, but I guess I'm making too much sense. I wouldn't recommend them even if they did come back and pay up. There are better options out there.

Best wishes to those who have balances there. I think you'll get your dough, but it will be a wait.

thegreen · 05-24-11, 07:55 PM

Originally posted by Ballpark

OK, found the updates on Covers.
I've put them below for anyone who wants the info.
I hope Lou doesn't mind me posting them here.
With Covers and RX on the case I'm feeling a bit more hopeful.

Post One:
"Things should also be positive at betEd, but they apparently need a little more time to react.
Their emergency response should be better, but tomorrow should give them enough time to get into gear.

We will definitely know more tomorrow."

Post 2:

"There still isn’t a whole lot of news, but we did receive some information from betEd.
We’ve been told that player deposits are absolutely secure and they have been putting all of their efforts into ensuring that the authorities can’t put those funds in jeopardy.

Remember folks, that these people were actually named in that affidavit, whereas Bookmaker did not have actual indictments against the decision-makers. So essentially betEd is in a position where any public response they make can and possibly will be used against them in a court of law. It’s a lot easier to act quickly in Bookmaker’s circumstances.
That being said, I sure wish they would hurry up."

"We’ve been told that player deposits are absolutely secure and they have been putting all of their efforts into ensuring that the authorities can’t put those funds in jeopardy"

The Money is BYE BYE!!!! Like they are going to put efforts into hiding funds from the DOJ/Feds so they can get in even more trouble...What A SCAM!!! Kiss your MONEY BYE BYE!!!!!LOL

stats13 · 05-24-11, 08:18 PM

Originally posted by potsie

I agree that betED's handling of the situation is completely ridiculous, but I don't think they purposely advertised a bonus in order to squeeze a few more drops of blood from the rock. The government also seized their bank accounts remember? What good would your whopping $250 be to them?

I guess a company would rather take a beating on every sports betting forum and social media platform instead of issuing a statement. They should've at the very least acknowledged that the seizure took place, and assured the players that their funds will be safe, but I guess I'm making too much sense. I wouldn't recommend them even if they did come back and pay up. There are better options out there.

Best wishes to those who have balances there. I think you'll get your dough, but it will be a wait.

amen to all this, my thoughts exactly all around

Legions36 · 05-25-11, 01:30 AM

I dont know as out of all of them they did the most sh-it so who knows, but i did hear they should be setting up new stuff any day now, i guess just think positive so we can get our doe.

thetrinity · 05-25-11, 07:26 AM

the value of the money we have on there decreases every day we are kept in the dark. if they were bolting i wish they would just say it so i could move on, not much we can do just hope they come through.

stats13 · 05-25-11, 08:12 AM

more fail from beted