[Ballpark]

On SBR home page:

"BetCRIS (SBR rating A+) discussing bailing out non-US account holders with BetOnSports. Sources tell SBR that the deal is not yet finalized. BetOnSports has made news in Costa Rica this week for failing to pay employees as promised. BOS has owed its fomer employees for 50 days. The book initially assured its 1,450 staff members that they would receive their earnings after three weeks"


I live in the UK and still have $3K owed to me from Beverlyhillsbookie, which was part of the BOS group, plus another $400 from BOS themselves (I opened the BHB account before BOS took them over). This news would be fantastic if it does happen and if it is confirmed that BetCris will bailout all the sportsbooks in the BOS group and not just BOS.

[tacomax]

How far did raiders get with sorting out the bailouts for all of the BoS customers? I'm assuming that his dedication to this task is the reason why he stopped posting right after it was apparrant that BoS was in stiff mode.

Good news nonetheless.

[bigboydan]

That is good news if Cris does help everyone out with that mess.

[BettingProphets]

done deal CRIS takes over

sportsbookreview.com

BP, your welcome to promote gary's site in the promotional forum.

[SBR_John]

This is good news for non-US players. But it doesn't look good for US players if BOS is dealing their database instead of paying. Stiil, great news for some and a good way for CRIS to pick up a chunck of non US players.

[Sam Odom]

Some (usa players) may not like what CRIS is doing but I cannot fault them.

[willypower]

Hi John

I am Canadian and had a substantial balance with playerssuperbook and I am being told they won't honour it its not a major brand - come on please give me a break!!!!!

Please

[pags11]

I highly doubt they end up helping the U.S. customers though...

[Ballpark]

Unfortuately this looks like BetCris are only bailing customers of BetonSports and not the other books that BOS owned such at MVP, V-Wager and Beverlyhillsbookie and Playerssuperbook.
That still leaves at lot of players (both US and non-US) with money owed.
BetCris must be appaulded for at least doing something but most customers are still left with little hope of seeing their funds again by the looks of things.

[McBa1n]

BOS scared me from their 'bigger the grin the darker the shadow" approach.

IF there's one thing that drives me up the wall is OVER public-relations. That just says to me that the company is going to die (Outside of Sony or Nintendo - I believe their overconfidence in my dealings with them:> )

[LGBoots]

Originally Posted by Ballpark

Unfortuately this looks like BetCris are only bailing customers of BetonSports and not the other books that BOS owned such at MVP, V-Wager and Beverlyhillsbookie and Playerssuperbook.
That still leaves at lot of players (both US and non-US) with money owed.
BetCris must be appaulded for at least doing something but most customers are still left with little hope of seeing their funds again by the looks of things.

Well they are for sure bailing out V-Wager clients. Just logged into CRIS using my V-Wager details & my full BOS balance is sitting there

[Ballpark]

Stange. I have a Beverlyhillsbookie balance and can not access it through BetCris. I live in the UK by the way.

[LGBoots]

Originally Posted by Ballpark

Stange. I have a Beverlyhillsbookie balance and can not access it through BetCris. I live in the UK by the way.

That's wierd, maybe they have not finished up-loading the whole BOS database yet

I would get onto 'live chat' when it opens to get it sorted.

BTW To anyone receiving this bailout it would be a good idea to change your password. With all those databases floating around out there your security could be at risk

[willypower]

Hey Guys

This is messed I was with playerssuperbook and am told from CS that only major brands will be honoured??? My buddy was with MVP and he had no problem logging in?? This blows It even says in their web link "BOS family of brands"

[JoshW]

I think a lot of US players will resent it, but is good news for sure. Lot of players from outside the US have contacted us, and now they will get paid; that is great news.

[Ballpark]

Well, this sucks. BetCris have told me that my Beverlyhillsbookie (a BOS company) account is not on their files.
Why have BetCris released a statement saying that the relief plan covers the whole of the BOS group when that clearly is not the case?

[JC]

While this is considered better than nothing, this is not a true bailout. According to what I read there are rollover requirements.

[willypower]

So now my buddy who was with mvp and had a balance of 2500 is now being told it is zero that is what BOS sent them - I can't believe this - what a mess what a bunch of crooks!! Please John, Bill look into this mess

[Ballpark]

Originally Posted by willypower

So now my buddy who was with mvp and had a balance of 2500 is now being told it is zero that is what BOS sent them - I can't believe this - what a mess what a bunch of crooks!! Please John, Bill look into this mess

Same here. Looks like a bit of mess despite BetCris's good intentions. Can SBR look into this as it looks like there will be a lot of disappointed non-US players who thought they were going to see their money again but are not?

[willypower]

This is so wrong they have wipped my buddy's balance to zero!!!

My friend had about 2500 in account and they are saying it is zero

Why would he be chasing this if it were zero - something is totally wrong

[willypower]

Thank God somehow I feel better knowing someone else is in the same predicament. This is unreal and the CS is totally clueless about everything - what was you approx. balance??

[Sam Odom]

let's remember who the bad guy was here. BoS !!

[willypower]

If CRIS is getting false info from those f****ers they should terminate this whole agreement and if possible get back what they paid them - unbelievable

[Ballpark]

Originally Posted by willypower

Thank God somehow I feel better knowing someone else is in the same predicament. This is unreal and the CS is totally clueless about everything - what was you approx. balance??

$3227.
It's not BetCris fault as obviously they trying to help but have either not received the full list from BOS or for some reason are not commited to taking over the whole groups balances.
This is still in the early stages so maybe more info will be made available later and balances can be chased up.
I haven't given up hope as yet.

[willypower]

You are unbelievably patient Ballpark - which I could be as calm as you - what were you told by CS??? - We will look into it?? BLAH BLAH

I think I need to start drinking already - geeez

[Ballpark]

I was simply told that my account number is not on their list.
Whether that means that all accounts that non-US players held at Beverlyhillsbookie are not being taken over by BetCris or whether BetCris are taking over all accounts but BOS have sent them a list that doesn't have all accounts I'm not sure.
I got the impression from BetCris CS that they did not know if all or only some of the sportsbooks in the BOS group are being offered the relief package. It seems they just got one big list from BOS containing all non-US players at all of BOS's sportsbook. But obviously there are gaps in it and prehaps some wrong balances. If BetCris are not willing to chase up BOS after it comes clear that some players are missing from the list then we are ****ed.

[bigloser]

Originally Posted by willypower

If CRIS is getting false info from those f****ers they should terminate this whole agreement and if possible get back what they paid them - unbelievable

I Keep hearing this It is Us goVernments fault noone else the government Created a whole pile of Crap that has been virtually impossible to clean up. The book has to comply with the legal requirements of the jurisdiction it resides in. It has been asked to comply with 2 conflicting sets of legislation. An impossible task.
Lets start laying blame where it belongs!

[Multiply]

I am absolutely amazed and thrilled to find this news today.

My V-Wager balance has been transferred to CRIS. Thank you very much to anyone reading this that may have helped with this. It makes a big difference to me.

It's unbelievable.

[Ballpark]

My BHB account is now with BetCris, so they must have got another list (or an updated list) of names.
A big thank you to BetCris.

[Bill Dozer]

Originally Posted by LGBoots

That's wierd, maybe they have not finished up-loading the whole BOS database yet

I would get onto 'live chat' when it opens to get it sorted.

BTW To anyone receiving this bailout it would be a good idea to change your password. With all those databases floating around out there your security could be at risk

Very good advice!

[Bill Dozer]

Originally Posted by JC

While this is considered better than nothing, this is not a true bailout. According to what I read there are rollover requirements.

A no-deposit offer is a true bailout. Players don't have to take it.

[Bill Dozer]

1

Originally Posted by willypower

So now my buddy who was with mvp and had a balance of 2500 is now being told it is zero that is what BOS sent them - I can't believe this - what a mess what a bunch of crooks!! Please John, Bill look into this mess

BETCRIS UPDATE – BoS Non-US ACCOUNTS TRANSITIONS



If you are a non-US customer from BoS and find any discrepancies (balance, pin number, password, account info) when logging into BetCRIS please email csd@betcris.com. It may take up to 48 hours for BetCRIS to investigate and verify your claim.



BetCRIS has been involved in numerous acquisitions over the years and will due it’s very best to move expediently. We apologize for any inconvenience or delay and appreciate your cooperation.



Regards.

BetCRIS management

[Bill Dozer]

Originally Posted by lakerfan

I think a lot of US players will resent it, but is good news for sure. Lot of players from outside the US have contacted us, and now they will get paid; that is great news.

I haven't talked to them about the details but if I understand correctly, players who accept the "relief package" come off the BOS debt sheet thereby giving BOS some financial relief. This isn't a selective bailout where big sharps are left to stand alone. This is CRIS doing what is is able to do to help all parties and making a business decision.
Whatever the odds are of US players getting paid, they just improved. But, BOS paying players anytime soon is still the big underdog. They have missed payout promises to owed employees which are first in line.

[GLopez]

Originally Posted by JC

While this is considered better than nothing, this is not a true bailout. According to what I read there are rollover requirements.

I wouldn't complain with such a chance they give you! Some rollover requirements is the least you can expect!

[Halifax]

Originally Posted by GLopez

I wouldn't complain with such a chance they give you! Some rollover requirements is the least you can expect!

I think JC is simply referring to the solvency (or lack thereof) of BetOnSports.

If BetOnSports was solvent, and simply wanted to get out of the US market, they would have structured a deal with CRIS whereby they would have given CRIS some portion of (but maybe not all of) the total post-up balances of the non-US players, and there would be no rollover requirements attached to the deal.

The fact that there is a 10x rollover attached means that BetOnSports provided CRIS with little, if any, of the post-up funds. Since CRIS most likely had to cough up the funds themselves, that's why there is a rollover attached.