[SBR Lou]

edit: Since the time of this thread's creation, Bet911 has announced that it is broke and cannot pay winning players their balances. Bet911 has been downgraded to F.

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Moneybookers addresses Bet911 complaints

Moneybookers:

The customers didn’t receive their payouts from Bet911.com because they don’t have the funds to complete their payouts. If you have any questions on this please let me know.

On April 28th, SBR received complaints that Bet911 (SBR rating C-) was not paying players out via Moneybookers. After one day, Bet911 addressed the reports by claiming that multiple fraudulent transactions were made by their players using the Moneybookers system. Bet911 initially vowed to pay players out via alternate methods, such as by check, before back-tracking and declaring that no player who requested a Moneybookers withdrawal would be paid prior to completion of an internal investigation. Despite this statement, hours earlier the player from SBR's April 29th newswire reported payment. Bet911 has not returned any of SBR's communication since April 29th. Additionally, Moneybookers has taken issue with Bet911's stance concerning why players were not being paid out via Moneybookers. Moneybookers has stated to SBR that Bet911 has insufficient funds to complete their payments to customers. SBR has lowered Bet911's rating to C-.

[jackkkk2009]

Moneybookers always give their customer hard time. I have friends, who used MB between countries (US & Can). the one from US transfered the funds to his Can friend. then the one from Can transfered the fund to online gambling sites via MB. all his transactions were successful. after half year, MB closed both accounts.

[misterbet]

About 2 days ago I spoke with Robert via live chat and he told me that by the end of this coming week all will be back to normal. I hope so.

[Peep]

Thanks Lou.

No suprise there really. The Moneybookers fraud story sounded like it had been made up by a six year old. Robert tells me it was "sixty or seventy" accounts that were suspected. Tells you five or six. Turns out they are just another broke ass book.

[Chopsticks]

Originally Posted by Peep

Thanks Lou. No suprise there really. The Moneybookers fraud story sounded like it had been made up by a six year old. Robert tells me it was "sixty or seventy" accounts that were suspected. Tells you five or six. Turns out they are just another broke ass book.

Yeh, but at the same time why would they stop advertising moneybookers as a deposit option? That would be the quickest way for Robert to attract new deposits and pay the customers sounding off here at the forums, giving him some time to work everything out. Or does Robert have a concience and don't want to owe more people money?

Here is what they say about themselves (it may have been taken from some review site actually) on the site:

Bet911 mainly caters to players from Europe, but do have a number of clients not only from the states but around the world. The reason for so many players from Europe is for their great assortment of soccer from all around the world. Of course they have all the normal sports such as NFL, NBA, MLB as well.

So now they are a book with mainly european players, yet the only realistic deposit method they offer is Neteller. I don't know.. the fact that they did remove it as an options should give at least some credence to his story.

[manchester]

The games pretty much up now i think . I wouldn't beleive a word that robert says not now not ever.

[michael777]

and poster hareeba thought bet911 was telling the truth

[vitalyo]

Originally Posted by Chopsticks

Yeh, but at the same time why would they stop advertising moneybookers as a deposit option? That would be the quickest way for Robert to attract new deposits and pay the customers sounding off here at the forums, giving him some time to work everything out.

It could be that MB suspended bet911 account that's why bet911 stop offering deposits via MB. Bet911 took way too many deposits via MB and then stop offering MB withdrawals . By not having any funds in MB account doesn't mean Bet911 didn't withdraw funds via wire . Knowing that if they pool fraud the account is most likely to be frozen .

MY 2cents.

[kazuc]

The part about them not talking to SBR anymore worries me. I don't get how these books think. If they're having temporary cash flow problems, why not say so? Playing around like this makes things much much worse for them.

[creed]

Well said Kazuc

[austin]

sounds like it is the end of b911

[in play, run(s)]

bet911 is dead, it's more than obvious to me. they stopped to respond for some time, they don't event post fresh lines, it's only a matter of weeks till the whole thing is shut down. i still have around $1500 there, guess i got to be glad it's not more.

oh, and the moneybookers fraud story is so obvious... they want to delay the whole process, making it look like there's just a small problem, to not scare off potential new depositing customers. what a bunch of conmen... i still remember how much of a hassle it was to receive a withdrawal earlier, it took like 2 months, haven't experienced that much hassle with any of the > 50 other books i have accounts with.

[dark_knight]

Rapidly losing hope for my balance now. They haven't responded to my emails either. Thanks though for following this up SBR.

[AimingHigh]

Has anyone other than Peep received a payout in the last month? How old is the first payout request that they've stalled and not met? It seems like it hasn't been that long, so perhaps there's only reason for concern and not outright panic... at least I hope so for all waiting for a payout.

[midnight777]

seems like they are low on funds...

[chrikar]

I have been told the same thing as Misterbet. Both Robert and Mark in different times when i contacted them, told me that by the end of this week (sth like Friday or Saturday) MB will be back.

[Ballpark]

I've still got about $1k left in Bet911.
I will take any payment method from them: MB, Neteller, Check, **, **.

[chrikar]

Their live support seems to be off today...Is that another indication of things going completely wrong? Hope they stick to what they said about MB going back at the end of this week.

[manchester]

The book is f**ked pardon the expression . SBR have leaked the news about their moneybookers lie and i would imagine the live chat would've gone into meltdown with disgruntled punters wanting their money so easier just to take it down. No response to sbr emails no response to customer emails this is going one way down the pan looking like a £3k+ loss for me all told. I wouldn't hold your breath about moneybookers being back at the end of the week , why not just fund neteller and pay people that way ? I'm sure most people have a neteller account or could quite easily set one up to get their money. I'm waiting now for the site to go offline just to cement their intention of not paying anyone. Either way i just want a clear yes or no if i'm going to get paid.

[chrikar]

I have pretty much the same balance over there manchester. It's the first time i am dealing with such a case. I get really worried about it-seems things turn out the worst way. I don't wanna even think about loosing that money even though all indications lead towards that.

[manchester]

I've seen this all before with betchance , heroes , goldvictory to name but a few. I never had any money in those places but it only ends one way in reality.

[tommy83]

some bookies fvcked up people on money, can't anybody make a lawsuit to some of these crooks?

[chrikar]

So in regards to the bet911 issue i have contacted some people in the EOG forum (Peep suggested them after he got paid). bet911 is a sponsor in the EOG site. I just received the following update from EOG. The sender of the below contacted Robert a few minutes ago. I am copying/paste :

''Bet911 is having financial difficulties at this time.

Robert is doing his best to get these issues sorted out and things taken care of.

Until business resumes as normal we will be removing their banner and links from our site.

Once thier financial issues are resolved, they will be more than welcome to return.

All payouts are temporarily on hold until funds can be made available for withdrawals.

The approximate date for reinstating withdrawal requests will be around the 21st of May.

I have been assured that all withdrawal requests will be upheld once this situation is resolved.''

[futbol]

Thanks for the update Chrikar!

Looks like its a case of playing the waiting game with this lot...

[Bet911 Robert]

To all concerned:

Bet911 has no funds to pay our players at this time. I want everyone to know that we are doing our best to relocate all of bet911 players with another book that will honor all the funds you have in your accounts and the withdraws that you are all requesting. We have no funds cause you the players have beaten us. It is that easy. We are honorable and are trying to either sell the book or find some partners that will back us up with funds. My estimated date for resolvement of this issue is the 21 of May to the end of May. Yes there is a chance that we may not find anyone, but I am trying my best and I will keep you all updated as to what is happening when something does happen.

Robert
Bet911 GM

[Krtica]

Why people always try to use some "NEW" and "undiscovered" bookies , which are not reliable at all....

There are strong ones where WE ALL deposit and do betting... People never learn...

[mbynwa]

Krtica - Simple really; new books offer the best bonuses.

[Bill Dozer]

Originally Posted by Bet911 Robert

To all concerned:

Bet911 has no funds to pay our players at this time. I want everyone to know that we are doing our best to relocate all of bet911 players with another book that will honor all the funds you have in your accounts and the withdraws that you are all requesting. We have no funds cause you the players have beaten us. It is that easy. We are honorable and are trying to either sell the book or find some partners that will back us up with funds. My estimated date for resolvement of this issue is the 21 of May to the end of May. Yes there is a chance that we may not find anyone, but I am trying my best and I will keep you all updated as to what is happening when something does happen.

Robert
Bet911 GM

Honorable thieves? Why, because you admitted you are broke? Because you bothered to stick around? What's honorable about taking bets you can't pay on? Offering new bonuses to attract new victims to pay old ones? I don't ever remember a book using the word honor twice in telling players they have been robbed.

The only way the word honor can be used is if we are referencing the sportsbook that picks up the tab for the latest industry stiffs.

[Al Masters]

This Industry is in shambles.

Hopefully he finds a bird to buy the place and the players get their money out, not much else to be said,not a big surprise after last weeks events.

Peep was probably the last guy to get paid a last vain attempt on their part to get a few final deposits.

[tommy83]

Originally Posted by Bet911 Robert

To all concerned:

Yes there is a chance that we may not find anyone

Robert
Bet911 GM

yes there is a chance you go to jail for being thieve

[patswin]

damn, glad i got out of that place a few months ago

hope you guys find a buyer

[GamblingMike]

Originally Posted by Bill Dozer

Honorable thieves? Why, because you admitted you are broke? Because you bothered to stick around? What's honorable about taking bets you can't pay on? Offering new bonuses to attract new victims to pay old ones? I don't ever remember a book using the word honor twice in telling players they have been robbed.

The only way the word honor can be used is if we are referencing the sportsbook that picks up the tab for the latest industry stiffs.

Billy D layed the smackdown on Robert and Bet911!

[durito]

Originally Posted by Bill Dozer

Honorable thieves? Why, because you admitted you are broke? Because you bothered to stick around? What's honorable about taking bets you can't pay on? Offering new bonuses to attract new victims to pay old ones? I don't ever remember a book using the word honor twice in telling players they have been robbed.

The only way the word honor can be used is if we are referencing the sportsbook that picks up the tab for the latest industry stiffs.

...

Bet911 has been downgraded to F. SBR is aware of at least one sportsbook looking at the possibility of taking over player balances. Bet911 has a higher than average amount of sharp players that make the acquisition undesirable to most potential suiters. Bet911 has been attempting to partner or sell to another sportsbook for at least the past year. Bet911 offered too-good-to-be-true bonuses in conjunction with reduced juice pricing; a very risky model especially for a sportsbook that has to balance its own costs and processing without the help of a white label host.

So, why exactly were they repeatedly upgraded and allowed to spam the forum with offers?

[AimingHigh]

Really sad to read this. I certainly don't see Robert as being honourable here; he lied about Moneybookers in order to buy time, and probably only came out in the open about this because he was left with little choice once Moneybookers confirmed the lie. Anyway, hopefully an honourable book will buy them out.

[chrikar]

The only comment i can make is that i hope this stands and will happen: ''SBR is aware of at least one sportsbook looking at the possibility of taking over player balances''. Let's all hope that a decent book will buy them out. After all i don't believe that they have so many withdrawal requests. Transfer to a decent book even with a small rollover would be OK i guess. And for sure better than nothing.