beted customers: how many cents on the dollar...

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  • thetrinity
    SBR Posting Legend
    • 01-25-11
    • 22430

    #1
    beted customers: how many cents on the dollar...
    wondering where you guys stand, i still think its too early to completely panic.
  • stats13
    SBR MVP
    • 06-29-09
    • 1687

    #2
    i'm holding a good amount of hope still, but regardless, the way that beted has failed in communications thru all this has me hitting withdraw as soon as that option is viable
    Comment
    • thetrinity
      SBR Posting Legend
      • 01-25-11
      • 22430

      #3
      Originally posted by stats13
      i'm holding a good amount of hope still, but regardless, the way that BetEd has failed in communications thru all this has me hitting withdraw as soon as that option is viable
      so how much on the dollar would you be looking for to be bought out? 40 cents? 50 cents?
      Comment
      • stats13
        SBR MVP
        • 06-29-09
        • 1687

        #4
        Originally posted by thetrinity

        so how much on the dollar would you be looking for to be bought out? 40 cents? 50 cents?
        right now, 80 cents
        Comment
        • thetrinity
          SBR Posting Legend
          • 01-25-11
          • 22430

          #5
          were about the same arena yesterday i would have said 90, today id say 85.

          they have some very serious charges levied against them, they are in even more hot water then bookmaker and have nowhere near the take. we still have to give em a chance though.
          Comment
          • OSUCOWBOYS
            SBR High Roller
            • 10-26-07
            • 241

            #6
            Reports from EXTREMELY reliable sources in San Jose say the offices are cleaned out and everyone is gone. In fact, one lines manager at a Top 10 book said at another forum "they have taken the money and ran".

            I hope this isn't the case. I am just passing along credible information.

            Best of luck with your funds.
            Comment
            • thetrinity
              SBR Posting Legend
              • 01-25-11
              • 22430

              #7
              Originally posted by OSUCOWBOYS
              Reports from EXTREMELY reliable sources in San Jose say the offices are cleaned out and everyone is gone. In fact, one lines manager at a Top 10 book said at another forum "they have taken the money and ran".

              I hope this isn't the case. I am just passing along credible information.

              Best of luck with your funds.
              aint buyin it, woulda been common knowledge by now.
              Comment
              • stats13
                SBR MVP
                • 06-29-09
                • 1687

                #8
                Originally posted by OSUCOWBOYS
                Reports from EXTREMELY reliable sources in San Jose say the offices are cleaned out and everyone is gone. In fact, one lines manager at a Top 10 book said at another forum "they have taken the money and ran".

                I hope this isn't the case. I am just passing along credible information.

                Best of luck with your funds.
                link? source? pm it to me if you must
                Comment
                • OSUCOWBOYS
                  SBR High Roller
                  • 10-26-07
                  • 241

                  #9
                  Originally posted by thetrinity

                  aint buyin it, woulda been common knowledge by now.
                  Good enough, I have zero interest in the matter. I am just passing along info from people, in the industry, that office and live near what used to be the beted offices.

                  Please don't take this info lightly.
                  Comment
                  • KEdge2k
                    SBR High Roller
                    • 01-11-09
                    • 240

                    #10
                    I feel horrible if the reported rumor is actually true, I know people who had money there.
                    Comment
                    • stats13
                      SBR MVP
                      • 06-29-09
                      • 1687

                      #11
                      Originally posted by OSUCOWBOYS

                      Good enough, I have zero interest in the matter. I am just passing along info from people, in the industry, that office and live near what used to be the beted offices.

                      Please don't take this info lightly.
                      once again, how about a link to your source? message it to me please if you don't want to post it.
                      Comment
                      • OSUCOWBOYS
                        SBR High Roller
                        • 10-26-07
                        • 241

                        #12
                        Originally posted by stats13
                        once again, how about a link to your source? message it to me please if you don't want to post it.
                        Does SBR allow links to other forums? Do they allow discussion of other forums in PM's? I know they read all PM's.

                        I am on probation here and don't want my posting rights taken away again.

                        Lets just say this....


                        "A Peeping Tom had Steak Tartar for dinner last night at Loman's grill."

                        Does that help?
                        Comment
                        • stats13
                          SBR MVP
                          • 06-29-09
                          • 1687

                          #13
                          Originally posted by OSUCOWBOYS

                          Does SBR allow links to other forums? Do they allow discussion of other forums in PM's? I know they read all PM's.

                          I am on probation here and don't want my posting rights taken away again.

                          Lets just say this....


                          "A Peeping Tom had Steak Tartar for dinner last night at Loman's grill."

                          Does that help?
                          no, that doesn't help. just pm me a link, they aren't gonna ban you for that at all
                          Comment
                          • patswin
                            SBR MVP
                            • 09-05-06
                            • 1794

                            #14
                            there is a thread at peepsplace forum with all this
                            Comment
                            • OSUCOWBOYS
                              SBR High Roller
                              • 10-26-07
                              • 241

                              #15
                              Originally posted by stats13
                              no, that doesn't help. just pm me a link, they aren't gonna ban you for that at all
                              Originally posted by patswin
                              there is a thread at peepsplace forum with all this
                              There ya go....
                              Comment
                              • stats13
                                SBR MVP
                                • 06-29-09
                                • 1687

                                #16
                                Originally posted by patswin
                                there is a thread at peepsplace forum with all this
                                thank you sir
                                Comment
                                • OSUCOWBOYS
                                  SBR High Roller
                                  • 10-26-07
                                  • 241

                                  #17
                                  Originally posted by stats13

                                  thank you sir
                                  Search for posters Steak Tartar and Loman. They are "dialed in" as much as anyone in forumville. Neither would post something they don't believe to be 100% true.
                                  Comment
                                  • MBENZ
                                    SBR Hall of Famer
                                    • 01-07-07
                                    • 5238

                                    #18
                                    Originally posted by OSUCOWBOYS
                                    Search for posters Steak Tartar and Loman. They are "dialed in" as much as anyone in forumville. Neither would post something they don't believe to be 100% true.
                                    Yep,neither of those 2 spread BS.Take it to the bank.
                                    Comment
                                    • pokerplayer22
                                      SBR MVP
                                      • 05-09-09
                                      • 1207

                                      #19
                                      I'll take 30 cents on the dollar...Absolutely no confidence at this point
                                      Comment
                                      • thetrinity
                                        SBR Posting Legend
                                        • 01-25-11
                                        • 22430

                                        #20
                                        something about a judge 2. the "doctors forum" if that helps.
                                        Comment
                                        • thetrinity
                                          SBR Posting Legend
                                          • 01-25-11
                                          • 22430

                                          #21
                                          guys these are still rumors. unless someone photographs the offices cleaned out NO ONE has proof of anything.
                                          Comment
                                          • patswin
                                            SBR MVP
                                            • 09-05-06
                                            • 1794

                                            #22
                                            covers is reporting that the us will attempt to extradite those named in the indictment
                                            not good news
                                            Comment
                                            • OSUCOWBOYS
                                              SBR High Roller
                                              • 10-26-07
                                              • 241

                                              #23
                                              Originally posted by thetrinity
                                              guys these are still rumors. unless someone photographs the offices cleaned out NO ONE has proof of anything.
                                              Certainly most evidence to this point is circumstantial. However let's look at what facts are out there.

                                              1. Website is gone
                                              2. No alternate website in place
                                              3. Phones are not being answered
                                              4. Emails are not being answered
                                              5. They have not issued any type of official statement to any sportsbook forum
                                              6. Two very respected people in the offshore sportsbook business are saying the offices are empty and the principals have ran off with the money. (These people live and work within 3 miles of the beted offices.)

                                              Other than Lou at Covers trying to keep the masses calm with the following statement, I can't see one thing that would lead anyone to believe this situation is anything other than dire.

                                              Lou at Covers:

                                              "Well, I'm getting a little frustrated now...

                                              Still no real word from betEd, other than the reassurance that player deposits are safe.

                                              We have heard rumors that an alternate domain will be available soon, but until now we have no definite information either way.

                                              As I mentioned earlier, a lot of this is understandable from a human point of view. After all, these guys just got indicted and are possibly facing major jail terms in federal prison. So they deserve a certain amount of leeway in planning their future since anything they do can affect their situation intensely - as well as your bankrolls.

                                              However, I think we do deserve a little more info than we have been receiving - and we will keep asking for it.

                                              That's all I can say right now. I'm sorry."
                                              Comment
                                              • stats13
                                                SBR MVP
                                                • 06-29-09
                                                • 1687

                                                #24
                                                yeah, beted looks pretty f'd right now
                                                Comment
                                                • thetrinity
                                                  SBR Posting Legend
                                                  • 01-25-11
                                                  • 22430

                                                  #25
                                                  Originally posted by OSUCOWBOYS
                                                  Certainly most evidence to this point is circumstantial. However let's look at what facts are out there. 1. Website is gone 2. No alternate website in place 3. Phones are not being answered 4. Emails are not being answered 5. They have not issued any type of official statement to any sportsbook forum 6. Two very respected people in the offshore sportsbook business are saying the offices are empty and the principals have ran off with the money. (These people live and work within 3 miles of the beted offices.) Other than Lou at Covers trying to keep the masses calm with the following statement, I can't see one thing that would lead anyone to believe this situation is anything other than dire. Lou at Covers: "Well, I'm getting a little frustrated now... Still no real word from betEd, other than the reassurance that player deposits are safe. We have heard rumors that an alternate domain will be available soon, but until now we have no definite information either way. As I mentioned earlier, a lot of this is understandable from a human point of view. After all, these guys just got indicted and are possibly facing major jail terms in federal prison. So they deserve a certain amount of leeway in planning their future since anything they do can affect their situation intensely - as well as your bankrolls. However, I think we do deserve a little more info than we have been receiving - and we will keep asking for it. That's all I can say right now. I'm sorry."
                                                  i read all the forums as well, no use fanning the flames which is what youre doing. maybe im calm because they paid me out large on a few big scores on merge poker over the years, also hit a pretty big size parlay in my crazy days and was paid out. i have a pretty small balance in there right now from what i had on this site regularly, so maybe im more calm then most. i just dont wanna make a conviction till im 100% certain. this is nowhere near the scandal of the full tilt players who are being screwed right now.
                                                  Comment
                                                  • OSUCOWBOYS
                                                    SBR High Roller
                                                    • 10-26-07
                                                    • 241

                                                    #26
                                                    thetrinity,

                                                    I don't think presenting facts is "fanning the flames". However, I might have a different point of view if I had money at beted.

                                                    I hope all get their money from beted. I just think the chances are slim and slimmer. But, wtf do I know.

                                                    I'll just shut up.
                                                    Comment
                                                    • thetrinity
                                                      SBR Posting Legend
                                                      • 01-25-11
                                                      • 22430

                                                      #27
                                                      its over osu your right.

                                                      go to the new beted is dead thread now though if you wanna talk. this thread is scrap now.
                                                      Comment
                                                      • Legions36
                                                        SBR MVP
                                                        • 12-17-10
                                                        • 3032

                                                        #28
                                                        Damn and to think this actual sting was really to get stars and tilt, they got some small book in the midst and they got some $ from me cause i instantly deposited when i saw the 100% bonus because i was always treated good there in the past.
                                                        Comment
                                                        • PoweRay
                                                          Restricted User
                                                          • 09-07-10
                                                          • 417

                                                          #29
                                                          Originally posted by thetrinity
                                                          aint buyin it, woulda been common knowledge by now.
                                                          Originally posted by thetrinity
                                                          guys these are still rumors. unless someone photographs the offices cleaned out NO ONE has proof of anything.
                                                          Originally posted by thetrinity
                                                          i read all the forums as well, no use fanning the flames which is what youre doing. maybe im calm because they paid me out large on a few big scores on merge poker over the years, also hit a pretty big size parlay in my crazy days and was paid out. i have a pretty small balance in there right now from what i had on this site regularly, so maybe im more calm then most. i just dont wanna make a conviction till im 100% certain. this is nowhere near the scandal of the full tilt players who are being screwed right now.
                                                          Damn, I should of faded you in this thread
                                                          Comment
                                                          • thetrinity
                                                            SBR Posting Legend
                                                            • 01-25-11
                                                            • 22430

                                                            #30
                                                            Originally posted by PoweRay
                                                            Damn, I should of faded you in this thread
                                                            wish i had faded myself
                                                            Comment
                                                            • LostBankroll
                                                              Restricted User
                                                              • 02-10-10
                                                              • 4538

                                                              #31
                                                              You guys would be lucky if you received .05 cents on the dollar.
                                                              Comment
                                                              • durito
                                                                SBR Posting Legend
                                                                • 07-03-06
                                                                • 13173

                                                                #32
                                                                I will take 15
                                                                Comment
                                                                • bobbywaves
                                                                  SBR Posting Legend
                                                                  • 05-06-08
                                                                  • 13280

                                                                  #33
                                                                  Why would anyone be playing with BetEd in the first place??? They were a C rated book at best. So many better A rated options out there.
                                                                  Comment
                                                                  • pokerplayer22
                                                                    SBR MVP
                                                                    • 05-09-09
                                                                    • 1207

                                                                    #34
                                                                    My acct had $1530 in it. I'll take $150 (10%) for it right now.
                                                                    Comment
                                                                    • LostBankroll
                                                                      Restricted User
                                                                      • 02-10-10
                                                                      • 4538

                                                                      #35
                                                                      Originally posted by pokerplayer22
                                                                      My acct had $1530 in it. I'll take $150 (10%) for it right now.
                                                                      No, Youll take $0 which is what they will give you. YOU HAVE NO SAY HERE. Who do you think you are? Condeliza Rice?
                                                                      Comment
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