[excrclerk]

Things not looking good over at BP. They have let go the majority of their staff including their main guy Richard. At least they will have more money now to pay players.

[acarmelo1]

The Rumors Where True

[rumple]

Maybe they can profitable after getting rid of their workers and cutting their signup bonuses.

[RedRavens4]

I thought Richard was part owner.

[acarmelo1]

Please wait for a site operator to respond.
You are now chatting with 'Drew'
Drew: Hello. How may I assist you?
Anonymous: Hi Drew, I heard on SBR Betphoenix is Laying off all their employees is this true?
Anonymous: Well not all, but it said 90%
Drew: No sir. Currently this is a slow season, so many of our employees are taking personal time off.
Drew: This may be the source of the confusion.
Anonymous: I see, thanks for your time.

[NSN21]

Things not looking good over at BP. They have let go the majority of their staff including their main guy Richard. At least they will have more money now to pay players.

Where did you get this info from?

[Vesuvius]

taking personal time off...seems like a cover or they told them to

[michael777]

i went broke there a few days ago

[RedRavens4]

Where did you get this info from?

I just read his very first post:

Let me first say that I used to work at BetPhoenix. I quit there a few months ago after several delays in getting paid. I was not the only one, lots of other employees got delayed payments and this is still happening now.

During these delays, I know of a few employees who sent emails to SBR about the situation. However, SBR never took down Betphonenix's banner, they didn't care the employees were not getting paid and most importantly if the company went out of business and stiffing their own posters.

All of a sudden since BetPhoenix decided not to pay for advertising anymore, the payouts complaints are hitting the front page of SBR.

There is a serious shortage of cash at Betphonenix, and everyone should be aware of this. But shame on SBR on how they kept taking the money and not saying anything until the cash stopped.

[excrclerk]

Where did you get this info from?

Few of the people they let go are my friends.

[SBR_John]

I drove by there last week and it looked like they were expanding. They are a tough one to figure out.

[Monte]

John stfu will ya, SBR taunted this book in an unacceptable way, making them look as if they are almost at the step to A- already.
This was never something that is safer than a C- book, anyone who still thinks they are any good you need your fking head examined.

[Gardfather]

I drove by there last week and it looked like they were expanding. They are a tough one to figure out.

Really?

[Dark Horse]

I drove by there last week and it looked like they were expanding. They are a tough one to figure out.

Maybe stop the car next time?

[mikeanite]

all online sportsbook that accepts us player will take a dive. only a few will survive this madness

[secretstash]

some things i have kept my mouth shut about but will add to this thread.

Betphoenix canceled a $25,000 contest after picks were already submitted for nba finals brackets LOL

Richard might have been let go.. i only say this because Richard hasnt responded to numerous emails I wrote him asking for explanation of the nba cancellation. Finally after bitching I got a message from mike from skybook that said they tried to contact "everyone" in the competition and offer a 50$ freeplay. LOL how come I was never contacted until after I had won $1000 in the contest and had to ask myself???? BS. Was ANYONE CONTACTED HERE??? I smell BS

They have called me over a dozen times in the last two weeks - before this I never got calls
I know someone personally who worked for them for 3 yrs and he has several friends there who have told him that they havent been paid for an entire month.. management keeps making excuse after excuse.. imo they are close to dead in the water, and i dont talk shit about books.

I hope everyone gets paid from there.. I personally have a friend who has 30k there and I have repeatedly asked him to get out and he keeps being blind to the obvious...and doesnt wanna ruin his run, so he continues to bet 2k a game there. I hope he gets paid in full ( I will say this, they have been paying him 2K a week for 6 weeks in a row by check).. but that is a virtual slowpay when u have 30K there.

-stash

[bigbet1234]

This has nothing to do with taking US players. For shits sake, they were giving the farm away in bonuses, taking forever to pay out, etc.....one big cluster F.

Was only a matter of time

all online sportsbook that accepts us player will take a dive. only a few will survive this madness

[BigDaddy]

i just asked at another site and richard seems to still be employed

[Vondy]

Their customer service was horrible to begin with...can't imagine how it is gonna be now

[BigDaddy]

i always thought cathy and alex did a good job

i haven't used them in awhile though so they might not be with them anymore

[brumbies]

im amazed at how bp's issues are very under the radar.

[secretstash]

some things i have kept my mouth shut about but will add to this thread. Betphoenix canceled a $25,000 contest after picks were already submitted for nba finals brackets LOL Richard might have been let go.. i only say this because Richard hasnt responded to numerous emails I wrote him asking for explanation of the nba cancellation. Finally after bitching I got a message from mike from skybook that said they tried to contact "everyone" in the competition and offer a 50$ freeplay. LOL how come I was never contacted until after I had won $1000 in the contest and had to ask myself???? BS. Was ANYONE CONTACTED HERE??? I smell BS They have called me over a dozen times in the last two weeks - before this I never got calls I know someone personally who worked for them for 3 yrs and he has several friends there who have told him that they havent been paid for an entire month.. management keeps making excuse after excuse.. imo they are close to dead in the water, and i dont talk shit about books. I hope everyone gets paid from there.. I personally have a friend who has 30k there and I have repeatedly asked him to get out and he keeps being blind to the obvious...and doesnt wanna ruin his run, so he continues to bet 2k a game there. I hope he gets paid in full ( I will say this, they have been paying him 2K a week for 6 weeks in a row by check).. but that is a virtual slowpay when u have 30K there. -stash

add to the list how betphoenix pulled out of sbr and dozens of other forums.. skybook pulled out of rx and handful of others as well. coincidence?

-stash

[SBR_John]

Tough crowd. We gave the appropriate rating all along with BP. The owner is a part owner of DIAMOND so we knew his money was sufficient. They brought on a good bookmaker in Fernando and offered a lot of sports. They have a great facility and yea, the potential was there. They never made it to the A group but could have if they would have worked hard. After Fernando passed away this place was never the same. They seemed to not care anymore and it shows.

[eberetta1]

John stfu will ya, SBR taunted this book in an unacceptable way, making them look as if they are almost at the step to A- already.
This was never something that is safer than a C- book, anyone who still thinks they are any good you need your fking head examined.

Do you mean touted this book as in SBR giving undue praise to BP, or taunted as in SBR should have treated BP better?

[sideloaded]

I drove by there last week and it looked like they were expanding. They are a tough one to figure out.

srs?

[Monte]

Do you mean touted this book as in SBR giving undue praise to BP, or taunted as in SBR should have treated BP better?

What i mean is that they received a B+ rating out of nowhere to start with.
Then they began throwing out european players (or just limit them, take away the reduced juice etc etc, which is the same). Then the first slow-pays occured.
Still SBR wouldn't lower the rating, only recently they did.
John says it is because of the connection to DSI. What they completely ignored is that Richard also was involved in Cascade. I would have been so nervous if i had big amounts in this book all the time, i can't tell ya

[lukahh]

I drove by there last week and it looked like they were expanding. They are a tough one to figure out.

how exactly did it look like? building new offices? bringing in new computers? line of new staff wanting employment?

[chance]

Good question!

[mighty maron]

Shows that only a few books are worthy of business...rest appear to be confidence organizations....

if full tilt poker is what it is then I can see the Phoenix not rising from its ashes

[TGHMak]

Looks like they won't last to much longer.

[John Dough]

Sad if true. I actually had pretty good experiences dealing with BP (Richard and one customer service rep specifically) even after my limits were cut so low that it made it no longer worthwhile to play there. They even expedited some of my payouts and waived some fees as I was emptying my account earlier this year.

[HedgeHog]

BetPhoenix and WagerChief just finished installing new betting software a few weeks ago. I wouldn't think they'd go to all the trouble if the end was near. Just an observation.

[SoV]

Can someone from SBR contact them and get actual information?

I'm on good terms with a couple of their employees but since I'm abroad, it'll be tough to get in touch with them. I'll try my best though and get back.

[ByeShea]

I drove by there last week and it looked like they were expanding. They are a tough one to figure out.

What? Please explain this.

[MBENZ]

What i mean is that they received a B+ rating out of nowhere to start with.
Then they began throwing out european players (or just limit them, take away the reduced juice etc etc, which is the same). Then the first slow-pays occured.
Still SBR wouldn't lower the rating, only recently they did.
John says it is because of the connection to DSI. What they completely ignored is that Richard also was involved in Cascade. I would have been so nervous if i had big amounts in this book all the time, i can't tell ya

The Cascade involvement and somebody I know convinced me to get out early last year.Reading this makes me glad I listened.