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Vip Sports lowered from A- to B+


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Old 07-21-2008, 01:49 PM   #1 (permalink)
sergfro
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Default Vip Sports lowered from A- to B+
Any reason why they were downgraded?
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Old 07-21-2008, 05:37 PM   #2 (permalink)
TeamPlayer
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Default When was the downgrade?
When was VIP downgraded?... in the last year or month or what?
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Old 07-21-2008, 07:27 PM   #3 (permalink)
bigboydan
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Quote:
Originally Posted by TeamPlayer View Post
When was VIP downgraded?... in the last year or month or what?
They were downgraded yesterday sir, however I'm unaware of all the details that were involved. My guess would be processing issues, because I've noticed a couple incidents of that nature that were posted recently.

Here is the details of the downgrade:
Quote:
07/20/2008 11:36 PM CST Vip Sports lowered from A- to B+
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Old 07-21-2008, 07:41 PM   #4 (permalink)
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Quote:
Originally Posted by bigboydan View Post
They were downgraded yesterday sir, however I'm unaware of all the details that were involved. My guess would be processing issues, because I've noticed a couple incidents of that nature that were posted recently.

Here is the details of the downgrade:





Where?
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Old 07-21-2008, 07:47 PM   #5 (permalink)
bigboydan
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Originally Posted by pimike View Post
[/b]


Where?
07/20/2008 11:36 PM CST Vip Sports lowered from A- to B+
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Old 07-21-2008, 07:51 PM   #6 (permalink)
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Quote:
Originally Posted by bigboydan View Post
07/20/2008 11:36 PM CST Vip Sports lowered from A- to B+
I'm surprised from what i've read they are not a solid B at this point. They are lucky they have a +. I see it going lower.
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Old 07-21-2008, 07:53 PM   #7 (permalink)
bigboydan
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Originally Posted by pimike View Post
I'm surprised from what i've read they are not a solid B at this point. They are lucky they have a +. I see it going lower.
It very well could if they have processing issues like I'm thinking could be the case. I mean I'm sure you've noticed the recent downgrades Bodog has received lately.
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Old 07-21-2008, 07:58 PM   #8 (permalink)
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Quote:
Originally Posted by bigboydan View Post
It very well could if they have processing issues like I'm thinking could be the case. I mean I'm sure you've noticed the recent downgrades Bodog has received lately.
Dan youwager employee told me tbodog was downgraded and said they were glad. LOL books watch what you guys do. They also mentioned "BODOG" is taking a month to pay people.

Is it true that VIP Sports did not follow through on there free trip to the Curraco trip contest they gave in 06 07.
Last edited by pimike : 07-21-2008 at 08:00 PM. Reason: bodog takeing a month not u wager
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Old 07-21-2008, 08:04 PM   #9 (permalink)
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Anyone else shed some more light on this? Bill?

They were paying out quickly without issue earlier this year.
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Old 07-22-2008, 01:33 AM   #10 (permalink)
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hmm very weir to me
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Old 07-24-2008, 02:57 PM   #11 (permalink)
durito
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Anybody?

I don't see any processing issues anywhere?
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Old 07-25-2008, 12:31 PM   #12 (permalink)
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Durito,

He has mentioned that they're shrinking IIRC and their current business model isn't sustainable. He hinted at downgrades a couple months ago.
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Old 07-25-2008, 10:43 PM   #13 (permalink)
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Quote:
Originally Posted by Thremp View Post
Durito,

He has mentioned that they're shrinking IIRC and their current business model isn't sustainable. He hinted at downgrades a couple months ago.

What is "IIRC?"


The tone of this thread is frightening. "Unsustainable business model," "processing delays?" I remember sportsbookreview declaring that everything was fine at VIP only a year or two ago.

Considering that VIP is one of bigger and more-often used books out there, I hope that Sportsbookreview will promptly update its grading of VIP so that members can take necessary precautions.
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Old 07-25-2008, 11:09 PM   #14 (permalink)
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I thought that processing delays were a U.S. problem because of the UIGEA? If VIP is non-US, why on Earth are they having payout issues neccesitating a downgrade? This sounds worse than a half-grade drop.
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Old 07-26-2008, 02:41 AM   #15 (permalink)
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VIP is fine. There haven't been any processing issues that aren't present with other top books. They have gotten smaller essentially closing their doors to new and a lot of the old sportsbook business and it is unknown what their next move will be down the line. VIP and Heritage are very similar options for those invited to play there.
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Old 07-26-2008, 09:11 PM   #16 (permalink)
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Quote:
Originally Posted by Bill Dozer View Post
VIP is fine. There haven't been any processing issues that aren't present with other top books. They have gotten smaller essentially closing their doors to new and a lot of the old sportsbook business and it is unknown what their next move will be down the line. VIP and Heritage are very similar options for those invited to play there.
Good to hear that VIP (and I imagine its sister books such as Betgameday) are fine Bill Dozer. Thanks for the update
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Old 07-27-2008, 03:20 AM   #17 (permalink)
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Yes, we might even see them consolidate books in the future. They have in the past after they stopped marketing the lesser names.
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