[bigboydan]

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]

wowow for real? BBD

[bigboydan]

Thats what sources are telling us sir.

[bmw530i]

BBd ur signature is epic.....ahahaha his middle finger is like 3d...haha

[sofun]

it seems like Betphonix is taking serious in this market and willing to expand their market.

[bigboydan]

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.

[blackbart]

i take this to be a good thing, and what do you mean by 'hurting"?

[bigboydan]

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.

[Mudcat]

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.

[blackbart]

six weeks that is not good
is that confirmed?

[Mudcat]

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.

[bigloser]

I have been trying to get a payout for 9 months. i was promised $2000 6 weeks ago. Still no sign of it

[blackbart]

what are the excuses for the delay?

[Mudcat]

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 ** 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 ** 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.

[blackbart]

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