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Old 05-08-10, 05:33 PM   #1
pokerplayer22
 
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Default Is betphoenix a sinking ship???

Something very wierd is going on with BP over the last few weeks.

1. They used to offer payouts via ewallet, moneybookers, etc...They no longer do.
2. Their free payout each month via cashiers check or money order which used to be guaranteed in 3-5 days is now taking 3+ weeks to get with the only explanation being "processor problems".
3. As of last week, same day ** payouts are now taking 3+ days (which still isnt terrible but not what it once was).
4. As stated in another thread, their wagering dept reps are moving lines over the phone after you try to place your wager with the given line. (Ive tried to call Richard 10 times about this and everytime Ive been told he's in a meeting)
5. Many have reported that there is a manager named Phil that seems to be having a rough time having civil conversations with customers without slamming the phone down.
6. Many have reported that their balances have magically been zero'd out, possibly by former employees or hackers.
7. Many have reported that their limits have been drastically cut (alot more than usual for a book)
8. Richard no longer posts on these boards nor is he anywhere to be found when it comes to addressing any problems like he used to.

All in all, BetPhoenix seems to be on a slippery slope and going downhill fast and I am shocked they havent been downgraded though all of this. I used to be a big supporter of theirs but IMO, there are far better and safer places to place at currently until they either get their act together or close up shop.
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Old 05-08-10, 05:37 PM   #2
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If this is true, then obviously something is wrong.
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Old 05-08-10, 05:39 PM   #3
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** payouts really taking that long?
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Old 05-08-10, 05:41 PM   #4
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Quote:
Originally Posted by Climate View Post
If this is true, then obviously something is wrong.
How long have they been in bussiness?
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Old 05-08-10, 05:41 PM   #5
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I always felt something wasnt right with them. To many good books out there. I couldnt sleep at night knowing I had money in betphoenix.
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Old 05-08-10, 05:43 PM   #6
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As of last week they do. I requested $800 on Tuesday at 10:30 am and after many phone calls and runarounds, finally got a control number on Friday afternoon. Again, not terrible, just not what it once was. It just seems to me like there are lot of warning signs of an upcoming implosion. Anyone else see this coming???
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Old 05-08-10, 05:45 PM   #7
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Agree.
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Old 05-08-10, 05:45 PM   #8
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Its called BANKRUPT...on B rated book
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Old 05-08-10, 05:46 PM   #9
acarmelo1
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why did they give points to Climate and not to Pokerplayer22 who wrote all that article
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Old 05-08-10, 05:47 PM   #10
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LOL...I didnt write start the thread for points but that is funny.
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Old 05-08-10, 05:49 PM   #11
Rush
 
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Give me your points then pokerplayer22
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Old 05-08-10, 05:49 PM   #12
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Quote:
Originally Posted by acarmelo1 View Post
why did they give points to Climate and not to Pokerplayer22 who wrote all that article
it's fake
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Old 05-08-10, 05:50 PM   #13
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Old 05-08-10, 05:52 PM   #14
big joe 1212
 
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can i have some points too?
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Old 05-08-10, 05:53 PM   #15
acarmelo1
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thanks for the point
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Old 05-08-10, 05:54 PM   #16
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Mike Spencer at 4pcv.com will rip you a new one. I hear there is alot of affiliation but soon we may get a confirmation.
I do not make allegations unless I know for sure.
Mike is an alias name also. BP is having problems and it is all while Mike bails out on his payouts. Hmmm!
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Old 05-08-10, 05:55 PM   #17
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Old 05-08-10, 05:55 PM   #18
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Thanks for the info. - not many upfront off-shore places anymore. Spoiled by Nevada.There is a catch everywhere you turn, the worst was by an a book recently-that grades a tie as a loss with your freeplay--what does tie mean-but your have to read the small print they say- well being reputable means not having to read the small print. It is called logical reasoning.gl to all, learning real quick- by the way this was an A book to boot.
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Old 05-08-10, 05:58 PM   #19
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Thats crazy...What book graded a tie as a loss?
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Old 05-08-10, 06:01 PM   #20
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Quote:
Originally Posted by blackbox View Post
Thanks for the info. - not many upfront off-shore places anymore. Spoiled by Nevada.There is a catch everywhere you turn, the worst was by an a book recently-that grades a tie as a loss with your freeplay--what does tie mean-but your have to read the small print they say- well being reputable means not having to read the small print. It is called logical reasoning.gl to all, learning real quick- by the way this was an A book to boot.
Share the name of this A book?
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Old 05-08-10, 06:46 PM   #21
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4pvc.com is owned by Bet Phoenix. Draw your own conclusions, but no matter how you get to this street, the name of ths street will be "Busted Lane". Bet Phoenix has a huge cashflow problem, not to mention other problems of a more legal nature.
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Old 05-08-10, 06:50 PM   #22
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Quote:
Originally Posted by BigdaddyQH View Post
4pvc.com is owned by Bet Phoenix. Draw your own conclusions, but no matter how you get to this street, the name of ths street will be "Busted Lane". Bet Phoenix has a huge cashflow problem, not to mention other problems of a more legal nature.
Do you have any facts that support this? I would be surprised if either of your claims were true.
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Old 05-08-10, 07:01 PM   #23
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I have no proof that one owns the other, I am asking everyone to do their homework. My problem is Mike Spencer is tied to some of this somehow and he will rip you off and try to blackmail to get you off his back.
More people are researching this and we will soon get the info we need to confirm. In the meantime I would just get out and steer clear of anything he has anything to do with. Very simple. From legendsportsbook, ace23, 4pcv.com I do know are all refferals to this guy. If BP is connected then once we get confirmation, I would bail out quick cause you will not get paid. These are facts and supportives.

Last edited by PirateDog; 05-08-10 at 07:04 PM.
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Old 05-08-10, 07:06 PM   #24
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bookmaker is the name read the rules is what I was told- should not have had to read-actually offshore books can change their rules minute by minute. BUT an A book-come on guys__
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Old 05-08-10, 08:09 PM   #25
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over 3 weeks for me trying to get a check from betphoenix,excuse after excuse,really getting pissed
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Old 05-08-10, 08:37 PM   #26
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i remember a guy posting about sudden casino losses at betphoenix. someone was using his acc to hit on 20 at blackjack.

i'd be worried....
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Old 05-08-10, 08:49 PM   #27
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Quote:
Originally Posted by pokerplayer22 View Post
Thats crazy...What book graded a tie as a loss?
Here :
From: <img id="P___899105753" webimdisplaystyle="inline" style="display: none;"> mmora via RT (cos@2betdsi.com) Sent: April 25, 2010 7:02:40 PM To:
Cc: ********@hotmail.com Hi,

Please see http://www.2betdsi.com/sportsbook-be...rts-rules.aspx
Under HOUSE/Basic Free Play rules, #5: "Ties lose"
Sorry for the inconvenience.

Regards,
CS-Mark
www.2betdsi.com

_______________
On Sun Apr 25 15:11:31 2010, *******@hotmail.com wrote:
>
> Account ID *******
>
> Hi . Last night i placed free play $100 wager on NBA game 2Q Under 51 .
> 2q landed right on 51 points PUSH . How ever i didn't get my wager back
> $100 free play . Do i get my wager back ?
>
> TY ****** ******* .
>
>
> 04/24/2010 by MIDAS at
> 12:22
> PM
> [Freeplay]
> 100% 20xrol/ref#262052683/100 promoas
> 100.060036021613. C100
> 0.000.0004/24/2010 by ONLINE at
> 02:14 PM
> [#75584949]
> STRAIGHT BET (FP)
> (Risking: 0.00 - To Win: 90.91)
> 04/24/2010
>
> - 02:17 PMNBA [13782]
>
> TOTAL u51 1.91
> (2Q SUNS IPL vrs 2Q T-BLAZERS IPL)
> Score:
>
> 2Q SUNS IPL(23) - 2Q T-BLAZERS IPL(28)PUSH0.000.00





You can't read every rule .Soon you will need to hire a lawyer before you sign up.
Before i do .I look for Rating ,Deposit /Withdrawal options ,rollover req,google the book, and my general knowledge of the book + how long they been around .
It sucks to lose on the push .
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Old 05-08-10, 09:42 PM   #28
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Quote:
Originally Posted by vitalyo View Post
Here :
From: mmora via RT (cos@2betdsi.com) Sent: April 25, 2010 7:02:40 PM To:
Cc: ********@hotmail.com Hi,

Please see http://www.2betdsi.com/sportsbook-be...rts-rules.aspx
Under HOUSE/Basic Free Play rules, #5: "Ties lose"
Sorry for the inconvenience.

Regards,
CS-Mark
www.2betdsi.com

_______________
On Sun Apr 25 15:11:31 2010, *******@hotmail.com wrote:
>
> Account ID *******
>
> Hi . Last night i placed free play $100 wager on NBA game 2Q Under 51 .
> 2q landed right on 51 points PUSH . How ever i didn't get my wager back
> $100 free play . Do i get my wager back ?
>
> TY ****** ******* .
>
>
> 04/24/2010 by MIDAS at
> 12:22
> PM
> [Freeplay]
> 100% 20xrol/ref#262052683/100 promoas
> 100.060036021613. C100
> 0.000.0004/24/2010 by ONLINE at
> 02:14 PM
> [#75584949]
> STRAIGHT BET (FP)
> (Risking: 0.00 - To Win: 90.91)
> 04/24/2010
>
> - 02:17 PMNBA [13782]
>
> TOTAL u51 1.91
> (2Q SUNS IPL vrs 2Q T-BLAZERS IPL)
> Score:
>
> 2Q SUNS IPL(23) - 2Q T-BLAZERS IPL(28)PUSH0.000.00





You can't read every rule .Soon you will need to hire a lawyer before you sign up.
Before i do .I look for Rating ,Deposit /Withdrawal options ,rollover req,google the book, and my general knowledge of the book + how long they been around .
It sucks to lose on the push .
how can you lose money on a push? i guess only if you are playing at BOOKMAKER. i have never heard of a book doing this. i always want cash but have taken free play over the years. never heard of this bs. once you know the rules you can only play 1/2 points. seems odds are good most people find out after losing thier freeplay on a push.
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Old 05-08-10, 11:52 PM   #29
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This is making me really nervous about the check withdrawal i requested this week. Usually the money was taken out of my account within 2 days. Its been 5 days and it's still sitting in there.
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Old 05-08-10, 11:58 PM   #30
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Quote:
Originally Posted by michael777 View Post
over 3 weeks for me trying to get a check from betphoenix,excuse after excuse,really getting pissed

I told you guys. This really isnt funny. I was a huge supporter of this place but something is seriously wrong over there now. Payouts are not getting issued in anywhere near a timely manner and there is just alot of wierd happenings over there right now. Maybe its the stress thats causing this Phil to yell at everyone.
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Old 05-09-10, 12:01 AM   #31
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Quote:
Originally Posted by Igetp2s View Post
This is making me really nervous about the check withdrawal i requested this week. Usually the money was taken out of my account within 2 days. Its been 5 days and it's still sitting in there.

I wish you the best of luck with your payout. I am going to be requesting my funds on Monday morning and will report what happens. I've got that sick feeling in the pit of my stomach though
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Old 05-09-10, 12:05 AM   #32
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Quote:
Originally Posted by Justin7 View Post
Do you have any facts that support this? I would be surprised if either of your claims were true.
justin why not address the other concerns on payouts not going out in time?

are those true?

they have always paid me in a timely manner.
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Old 05-09-10, 12:07 AM   #33
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If they are yelling--well I would say unstable to say the least-they would advertise good customer service-Then again, he could be a member of the yell family on SAT. NIGHT live.
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Old 05-09-10, 12:12 AM   #34
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Wow these posts make me step back and wait before depositing again at betphoenix. Will play MLB somewhere else for now.
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Old 05-09-10, 12:34 AM   #35
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They've actually been cutting limits left and right since perhaps 6 months ago, so that isn't really a recent development.
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