[pokerking]

Originally Posted by suzysuzy

we should all just be grateful that they are still answering the phones to tell us constant lies! (according to lenny and richard)

They answer the phones to try to get some poor suckers to deposit with them.

[suzysuzy]

obviously, but the part that makes me crazy is that they act like i should be grateful that they talk to me.

[HedgeHog]

Sorry to say that I'm also owed 11k from this no-pay book. I have been waiting for a 2k withdwawal since March. Also I am shocked that anyone would step in now and consider handling their transactions, namely Omega Mike. How much could they possibly make off this deadbeat Book?

[Bill Dozer]

There will be scam alerts for as long as Cascade is accepting deposits as a no-pay book. Expect them to begin soon. Our priority was to exhaust all possibilities to help players get paid. We looked for even small good faith payments...SOME kind of activity as a positive gesture. Then the new marketing for new deposits began and we need to think about new bettors as well.

[SBR_John]

Originally Posted by ritehook

SBR has now rated Cascade as an F book. Promise kept, tho a bit late.

Has the scam alert been issued to the press? If so, has there been any reportage on it?

If so, could SBR post the links? (If a story is in Spanish I can translate the essence of it on this forum.)

I have no personal stake in Cascade, but if a formerly A rated book can steal millions of players money, it could happen to ANY book.

SBR is the most respected watchdog in the industy. They can't put a literal gun to the head of a renegade like Cascade, but they can use a figurative one, through the press mainly.

Or any contacts in the CR govt. Of course I know that Cascade will have much deeper pockets than SBR, and thus can buy off (and likely have) more - and more powerful - CR politicians.

But another big and once respected book going down with player money tends to destroy the rep of ALL the CR books --- and if it continues the mordida, the bribes, will one day dry up if the bleeding isn't stopped.

It would seem to be in CR's own interest to enact Australia-like laws to make their country into a beacon of internet gambling safety - and stave of US competition when it finally does arrive. (And someday, it surely will.)

On the other hand, expecting banana republic politicians to act in a far-seeing manner is akin to expecting brain-damaged fools like G. Bush to act like a statesman. Impossible.

In banana republics greed and stupidity are a deadly parlay.

Good post.

To those that are owed money there will never be enough action. And never soon enough. I don't blame them. They have been through many broken promises on the way to seeing this evolve into a scam. Those that are owed money should be able to speak their mind here and bash whoever they see pleased to.

I can assure those out there we are working a plan. As one poster mentioned we work and live in Costa Rica too. This is business, its not personal. We continue to lobby the large books for support for both political and legal. CR is not like the US and thats a point I hope we will all keep in mind.

As long as Cascade can operate this scam freely why would they begin making payments? The honor thing is long gone. The only way that payments will start is with political and legal help. This is now a criminal scam operation and the books and the government need to make their move.

[RonPaul2008]

It should be simple. Costa Rica should arrest the owners and extract every last penny they have and pay the customers what they can. Then the Costa Rican government should pony up the rest since they didn't do shit to help prevent any of this. I wonder how much costa rica has made in taxes from cascade..

Originally Posted by SBR_John

Good post.

To those that are owed money there will never be enough action. And never soon enough. I don't blame them. They have been through many broken promises on the way to seeing this evolve into a scam. Those that are owed money should be able to speak their mind here and bash whoever they see pleased to.

I can assure those out there we are working a plan. As one poster mentioned we work and live in Costa Rica too. This is business, its not personal. We continue to lobby the large books for support for both political and legal. CR is not like the US and thats a point I hope we will all keep in mind.

As long as Cascade can operate this scam freely why would they begin making payments? The honor thing is long gone. The only way that payments will start is with political and legal help. This is now a criminal scam operation and the books and the government need to make their move.

[Scorpion]

Originally Posted by SBR_John

This is now a criminal scam operation and the books and the government need to make their move.

BINGO!!!!!

[White_Tiger]

Originally Posted by Scorpion

BINGO!!!!!

My $ there just like hail mary play in football now.

[ritehook]

Appreciate the post by SBR John.

If the players caught in the Cascade scam have any hope at all of getting even a portion of their stolen funds back if will likely be only through the efforts of SBR. Or so it appears to me, from a long distance.

Even so, it's a long shot, a Hail Mary pass, as one defrauded depositor has stated. It would seem to be in the interest of the nation of Costa Rica, and of the reputable books that operate there, to at least bring the main malfeasant to justice.

Otherwise, it appears to be a conspiracy of silence. Like ignoring a member of a village who comes down with the Ebola virus, because after all the rest of the community doesn't have it -- yet.

Quarantine!!!

[RonPaul2008]

I think SBR should consider giving some or all money the money they made directly from advertising and referring people to Cascade to people with money stuck at Cascade. The A rating was a major factor in the amount of $ caught up in cascade imo.

[Breaker]

The A rating was a main reason I switched to them after Pinnacle closed, but SBR is not to blame here.

I got one payout from Cascade between January and March, so I could have withdrawn more in that period.

I do think SBR has an obligation to step up pressure, not because they took advertising money from Cascade but because being a watchdog is their main reason for existing.

[cloudagh]

Originally Posted by RonPaul2008

I think SBR should consider giving some or all money the money they made directly from advertising and referring people to Cascade to people with money stuck at Cascade. The A rating was a major factor in the amount of $ caught up in cascade imo.

The reason everyone's money was in Cascade is that reduced juice and bonuses are like heroin to gamblers. As adamant as I am about SBR sounding the alarm (timely please) on these places, I certainly do not think they share any liability for players' actions.

[bigboydan]

Originally Posted by Breaker

I do think SBR has an obligation to step up pressure, not because they took advertising money from Cascade but because being a watchdog is their main reason for existing.

I think every watchdog that accepted advertising funds from Cascade should step, and not just SBR.

I'll admit that I did feel very comfortable recommending people to play there, but when Lenny's partner backed out way back when I stopped my recommendations of them. Since then I've been directing people to Pinnacle, Wsex/Matchbook, 5Dimes, and of course the Spiro family of books (wagerstreet,BetJM,TheGreek)

[White_Tiger]

Since pinny close I request check from them for 1600 then it got cancel. Then I open account with betcascade and do book 2 book xfer from pinny to betcascade got 20% bonus and build it up to 4k. Now all my 4k seem lost can I contact pinny and ask them to collect for me since I xfer my $ from pinny to betcascade???

[paul Mordeeb]

NO, pinny can not help.

Sad situation, I would say if someone would give you $500 for you 4K cascade I would take it.

I would write it off. If you ever see any of it call it a win.

Good luck and I hope I'm wrong.

[Breaker]

Seems like Richard is no longer with Cascade

http://www.towforum.com/online-sport...de-update.html