1. #1
    SportsMozart
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    Is Jazz an elevator heading down?

    Jazz is in trouble with their payouts. They claim that their rating with SBR is low cause they refuse to pay to SBR for their rating. The real reason seems to be that they can not build up reliable model of payouts with good partners to stay under the radar in a witch hunt that is created by US financial institutions.

    Some books handle that well, some don't

    First of all - no wire anymore!
    To get out $4000 from Jazz they will give you 2 2000$ payouts,( $80 charge per $2000) each and these $2000 are made out of 4 $500 checks Time line 7-10 business days. Seems pretty messy! It isn't really a matter of low liquidity IMO

    More and more they pushing customer towards ** and ** payouts- up to $500 each day. If you have $5000 to withdraw , that ain't gonna work. They said they are working to increase that limit to $1000 a day, yet that money will be way too expensive.

    I talked to them today and I have uneasy feeling about that, something is not right over there looks like

    Good books have that part figured out, they have reliable partners and they get it done no matter how paranoid US banks are. Jazz is in trouble. There is no point to deposit there cause you can not get your money out! They have to solve the payout issues first.
    Last edited by SportsMozart; 03-01-11 at 09:57 PM.

  2. #2
    relaaxx
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    asked for a withdrawl today. did not notice anything different from the last few years for withdrawls at bettingexpress.com. except they added a new type of withdrawl with no max,2 free per month.

  3. #3
    warriorfan707
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    The Jizz is an elevator stuck on the 3rd floor

  4. #4
    pokerplayer22
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    The jazz elevator was sent to the basement ever since the corrupt Alex Powers got his dirty hands on what was once a decent book. They've been stuck down there ever since.

  5. #5
    David
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    Hopefully they can turn things around.

  6. #6
    Smoke
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    jazz is horrible, used to be a decent out, things went downhill fast

  7. #7
    donkdown
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    Alex I thought was at easystreet sports??

  8. #8
    pokerplayer22
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    Quote Originally Posted by donkdown View Post
    Alex I thought was at easystreet sports??
    He is currently at Easystreet. After joining Jazz a few years ago (which at the time was a perfectly good book) and then sending Jazz into the toilet by lying, cheating and stealing, he's moved on to a new book. Thats why I would would be very leary of keeping a decent roll at Easystreet. Im also not sure if Jazz can recover from the mess he created

  9. #9
    sportsfrance
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    easystreet is a shit book with major mob ties in new jersey. Money is very weak and they have been stiffing millions on the credit end. Hope anyone who thinks about playing with them reads this and has better ways to throw money away.

  10. #10
    sportsfrance
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    No idea what happened with jazz. I think a few pinches on there credit end caused a lot of the money issues. They used to be top notch.

  11. #11
    pokerplayer22
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    Quote Originally Posted by sportsfrance View Post
    No idea what happened with jazz. I think a few pinches on there credit end caused a lot of the money issues. They used to be top notch.
    Alex Powers is what happened to Jazz. It wasnt the first book nor the last book, he's sent down the shitter

  12. #12
    HedgeHog
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    Any chance a major Book will bail out Jazz?

  13. #13
    gangeriver
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    Quote Originally Posted by HedgeHog View Post
    Any chance a major Book will bail out Jazz?


    7/20/2010 06:36 PM
    Jazz agrees to take over BETSPORTSWEB accounts, if...
    The Jazz Sportsbook Group has agreed to take over defunct sportsbook BETSPORTSWEB (SBR rating D-) player accounts if BETSPORTSWEB can clear its current player debt. BETSPORTSWEB apparently gave up on its business with mounting debt and requires an investment in a server migration to stay in business. BETSPORTSWEB's homepage has been down since July 11th. The sportsbook reportedly owes $60,000 in delinquent withdrawal requests.


    All I know that off-shore book industry is so caotic and everything is changeable...who will bail out who?

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