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Thread Tools | Display Modes |
08-15-2007, 05:50 PM
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#1 (permalink) |
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SBR Sharp
Join Date: 03-17-07
Location: Tuvalu
Posts: 351
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Cascade told me that I would be receiving a check in 10-14 days.
It was different this time when I called instead of being transferred to Lenny and him telling me that withdraws are not allowed, I was transferred to Richard. I told him that I wanted to withdraw 3K from my balance instead of it all. He asked me why I needed the money. WTF is that????? You need a valid reason to withdraw your money these days. He said that they can only send out checks and to expect a check in 10-14 days. This kind of caught me off guard, I am very skeptical since I have been told next month at least 4 times. I hope its true time will tell.
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08-15-2007, 05:59 PM
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#2 (permalink) |
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SBR Wise Guy
Join Date: 02-07-07
Posts: 818
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Dude, you would have a scoop if you got a check (and that check cleared). And bring hope to the masses.
I wasn't even sure Richard still worked there. He used to come in here once in a while and post and try to put things in perspective. Richard???? You still out there working for Cascade? Come in here and give us an update scenario that makes some sense. Also, I wouldn't be sitting too close to Lenny at any Italian eateries--if you get my drift! Helmut, of course Lenny wants to know what you are gonna do with your money. He got that idea from Uncle Sam. Another guy who knows better than you how you should spend your money. |
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08-17-2007, 04:38 PM
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#9 (permalink) |
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SBR High Roller
Join Date: 04-17-07
Posts: 132
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Just talked to Richard, also asked for a withdrawal of part of my bankroll.
He said he wanted me to be aware of that they are currently not doing payouts, but will start in two weeks, and that it would take 10-14 days from then. So it would take about 24-28 days for me to get the check. He didn't ask me for a reason for withdrawing like he did with Helmut, but said he's pass my request to Monica. |
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08-17-2007, 07:54 PM
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#11 (permalink) |
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Administrator
Join Date: 07-12-05
Posts: 5,874
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The only thing we can read into this is that they are still there and in their minds think there is a light somewhere at the end of the tunnel. Cascade has told us and players a "couple weeks" many times in the past so unless he is willing to give the details there isn't much point having him repeat the same promises to SBR. I'm trying to touch base with him and will see if he can tell me why he feels good about the potential for 2 weeks.
One theory is that a potential buyer or, more likely, partner wants to see what kind of non-postup business he has left and that can't happen until football starts in about 3 weeks and they see who comes back to bet. If there is a lot of good action as I am hearing from folks in CR, an advance on earnings for Lenny could be part of the deal. Again, speculation...a scenario that could explain how a comeback could happen. |
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08-18-2007, 01:56 AM
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#13 (permalink) |
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SBR Posting Legend
Join Date: 08-18-05
Posts: 11,211
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or our theory could be that they are taking money just deposited by people that have their head in the sand who want to bet football and taking that money to payout some of the people owed...the only problem is this is a bit of a ponzi scheme...they have to hope all new gamblers will lose, but some will always win...sorry guys, I'm just not buying that cascade is going to recover...
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08-18-2007, 02:10 AM
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#14 (permalink) | ||
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SBR Hall of Famer
Join Date: 08-10-05
Posts: 5,662
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Quote:
__________________
I'm a respected poster and (by an overwhelming popular vote) an informative poster as well. Also the 2006 Problem Poster of the Year (and OFFICIALLY THE 2007 SBR PROBLEM POSTER) to boot. Quote:
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08-18-2007, 02:19 AM
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#16 (permalink) |
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SBR Posting Legend
Join Date: 08-18-05
Posts: 11,211
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tacomax,
what I understand, Mr. I never make insults because I'm so proper but really I'm just a shitty ass poster who talks out of both sides of my mouth...is that Cascade at one time was a terrible book, then they became a pretty good book (that I even once played with)...in my eyes they have once again become a shitty book...I also understand that they have some severe financial issues and unlike neteller, they aren't a publicly traded entity...therefore, there's no one that can regulate them, nor can we look at their financials...that being said, I believe that Lenny wants to pay people, but the fact that they have had so many complaints during baseball season (a time where people don't bet as much-which I know you wouldn't understand because you are too busy playing minesweeper or whatever it is you Brits play on your computer, instead of actually placing wagers) shows me that their cash reserves are very limited or even non-existent...if you really read further into Bill's comments, he's using cautious optimism which he's required to do as a leader here at SBR...I mean if he came in here everyday and said the online industry is in shambles compared to where it was last year, do you think we'd have any traffic at all? (well, we would actually have you posting to yourself, haha)...you get mad because I'm really brutally honest when it comes to my evaluations and prognostications of books and while I'm right MOST of the time, just like with any of your tired ass arguments that you ultimately lose, you then try to pull out something from the past that the individual poster that you are arguing with (which is often times me or imgv) was wrong about...when you debate, you stupid smelly ****, stay on topic!... Last edited by pags11 : 08-18-2007 at 02:22 AM. |
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