BetPhoenix in discussions to acquire BetMania

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  • bigboydan
    SBR Aristocracy
    • 08-10-05
    • 55420

    #1
    BetPhoenix in discussions to acquire BetMania
    BetPhoenix (SBR rating B-) in discussions to acquire BetMania (SBR rating D). Sources tell SBR that if the deal goes through BetMania will be maintained as a separate brand under BetPhoenix operation.
  • sofun
    SBR Sharp
    • 05-22-08
    • 361

    #2
    wowow for real? BBD
    Comment
    • bigboydan
      SBR Aristocracy
      • 08-10-05
      • 55420

      #3
      Thats what sources are telling us sir.
      Comment
      • bmw530i
        Restricted User
        • 04-19-08
        • 4058

        #4
        BBd ur signature is epic.....ahahaha his middle finger is like 3d...haha
        Comment
        • sofun
          SBR Sharp
          • 05-22-08
          • 361

          #5
          it seems like Betphonix is taking serious in this market and willing to expand their market.
          Comment
          • bigboydan
            SBR Aristocracy
            • 08-10-05
            • 55420

            #6
            Originally posted by sofun
            it seems like Betphonix is taking serious in this market and willing to expand their market.
            It's probably a combination of things really. I mean It's no secrete that BetMania has been hurting for a while now.
            Comment
            • blackbart
              SBR MVP
              • 12-04-07
              • 3833

              #7
              i take this to be a good thing, and what do you mean by 'hurting"?
              Comment
              • bigboydan
                SBR Aristocracy
                • 08-10-05
                • 55420

                #8
                Originally posted by blackbart
                i take this to be a good thing, and what do you mean by 'hurting"?
                What I meant was that they were having payout issues not to long ago (in the summer time) as well as some changing of software related troubles as well sir.
                Comment
                • Mudcat
                  Restricted User
                  • 07-21-05
                  • 9287

                  #9
                  They are still having payout problems today. Fred is a nice guy and he seems to be making an honest effort but it doesn't change the fact they have payouts that have been pending 6+ weeks.
                  Comment
                  • blackbart
                    SBR MVP
                    • 12-04-07
                    • 3833

                    #10
                    six weeks that is not good
                    is that confirmed?
                    Comment
                    • Mudcat
                      Restricted User
                      • 07-21-05
                      • 9287

                      #11
                      To clarify, I personally have payouts that were requested over 6 weeks ago that are still pending.

                      To further clarify, I have gotten a few payouts from them. I'm not particularly concerned I'll be stiffed.

                      But yep - still waiting on 2 payouts initially requested in early August.
                      Comment
                      • bigloser
                        SBR Wise Guy
                        • 07-19-06
                        • 787

                        #12
                        I have been trying to get a payout for 9 months. i was promised $2000 6 weeks ago. Still no sign of it
                        Comment
                        • blackbart
                          SBR MVP
                          • 12-04-07
                          • 3833

                          #13
                          what are the excuses for the delay?
                          Comment
                          • Mudcat
                            Restricted User
                            • 07-21-05
                            • 9287

                            #14
                            I'll see if I can illustrate what I have seen.

                            I decided I wanted to cash out in early August. It was a mid 4-figure balance. So first of all, they would only accept payout requests of $1000 max per day. And they said Moneygram payouts would take 1 week.

                            So I accept that. I enter requests 5 days in a row.

                            They go straight into slow-pay mode. That one week wait becomes 3. I don't remember a particular excuse. It was just the typical thing where they keep putting you off a few more days and a few more days etc.

                            A payout comes. Next day, I ask for the next payout which is now 3 weeks late. But in their mind, I just got a payout and payouts take a week so I can't get another for another week. So at this point it wasn't so much excuses as bureaucratic nonsense.

                            A week later, I get another 1K. A week later I get another. They did miss a week in there when they moved and switched over the website. But then we got back on track. I fully expect to get a Moneygram this week. If things keep going like this, by the time I get the final payout it will be 2 months after I requested it.



                            I have no explanation for what bigloser is experiencing. I know quite a few people who got slow-pays sorted out over the summer. I strongly recommend phoning Fred. The extension I have for him is #3001. He is very busy and is in a bit of a difficult situation but he seems to be making an honest effort.
                            Comment
                            • blackbart
                              SBR MVP
                              • 12-04-07
                              • 3833

                              #15
                              thanks for the explanation
                              that is the same as my last payout more or less.
                              i guess they are payin, at least, but slow
                              Comment
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