Is my money still safe in sportsbooks?

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  • Nicemove
    SBR Rookie
    • 03-31-11
    • 20

    #1
    Is my money still safe in sportsbooks?
    I been reading the recent news and it seems like the Feds are hitting up poker sites pretty hard. To be honest I am a little concern that they may be going after sportsbooks as well. Should I withdraw my money and take the safe route? Or do you think sportsbooks will be spared. I have accounts with 5dimes and BetPhoenix.
  • sneak-a-peak
    SBR MVP
    • 11-07-09
    • 1373

    #2
    its never safe

    see wsex threads
    Comment
    • mr.inpak
      SBR Sharp
      • 12-13-09
      • 449

      #3
      I would say yes with A rated books I believe even if they shut down they will still return your money
      Comment
      • 70kgman
        SBR MVP
        • 01-31-10
        • 4354

        #4
        I have been getting bombarded with emails from books over the last week or so looking for deposits, which I pretty much never got before. Coincidence? Making me kind of nervous.
        Comment
        • Delicious
          SBR MVP
          • 04-26-11
          • 1006

          #5
          The extra risk adds to the excitement.
          Comment
          • Stumpage
            SBR MVP
            • 09-21-05
            • 2906

            #6
            Yes, but needless to say this is not the case if you're with crapass books. As for your current books stated, I wouldn't worry at all about your 5Dimes account. As to BetPhoenix, they're nowhere near the book they were even a year and a half ago.....
            Comment
            • HedgeHog
              SBR Posting Legend
              • 09-11-07
              • 10128

              #7
              Originally posted by Delicious
              The extra risk adds to the excitement.
              I long for the boring old days.
              Comment
              • mikeanite
                SBR Sharp
                • 04-13-10
                • 475

                #8
                ya i've been getting a lot of calls from the under B+ rating books lately
                Comment
                • John Dough
                  SBR MVP
                  • 09-21-05
                  • 1785

                  #9
                  Originally posted by hedgehog
                  i long for the boring old days.
                  +1000000
                  Comment
                  • William415
                    Restricted User
                    • 05-29-11
                    • 15

                    #10
                    as long as you opt not to withdrawal your money is safe.
                    Comment
                    • DIF
                      Restricted User
                      • 08-30-05
                      • 648

                      #11
                      That is a very good question.
                      Comment
                      • wiffle
                        SBR Wise Guy
                        • 07-07-10
                        • 610

                        #12
                        Originally posted by William415
                        as long as you opt not to withdrawal your money is safe.


                        withdrawal is not a verb!!!!!!!!!!!!!!!!!!!!!!!!!!!
                        Comment
                        • Nikfrio
                          SBR Sharp
                          • 04-16-11
                          • 261

                          #13
                          Your money is safe if you avoid shady books
                          Comment
                          • Hareeba!
                            BARRELED IN @ SBR!
                            • 07-01-06
                            • 37279

                            #14
                            Originally posted by Nikfrio
                            Your money is safe if you avoid shady books
                            not if they keep your money in accounts within reach of Uncle Sam

                            (or with Bodog, if you happen to reside in the wrong State)
                            Comment
                            • venice2222
                              SBR Sharp
                              • 06-04-10
                              • 414

                              #15
                              you could always find a local bookie.
                              Comment
                              • PoweRay
                                Restricted User
                                • 09-07-10
                                • 417

                                #16
                                Yep, thats whats good about credit accounts, they can't steal your post-up money.
                                Comment
                                • relaaxx
                                  SBR MVP
                                  • 06-15-06
                                  • 3281

                                  #17
                                  never was safe. your money is not as safe as it once was. take it out of BP. 5dimes is safer than BP. we are all waiting to see what happens next.
                                  Comment
                                  • djefferis
                                    SBR MVP
                                    • 08-16-08
                                    • 1197

                                    #18
                                    Safe as safe as it is in a bank, no

                                    Safe as in safe as it is in your wallet walking through the ghetto..yes, about that safe.
                                    Comment
                                    • djefferis
                                      SBR MVP
                                      • 08-16-08
                                      • 1197

                                      #19
                                      Safe as safe as it is in a bank, no

                                      Safe as in safe as it is in your wallet walking through the ghetto..yes, about that safe.
                                      Comment
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