Apex Situation Thread

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JOURNEYMAN. OUT OF RESPECT TO WIL, I WILL BE CIVIL, BUT MAKE NO MISTAKE ABOUT IT, I HAVE HAD IT UP TO MY NECK WITH PEEP AND UB AND THEIR LITTLE GAMES WITH ME, I DIDN'T SLANDER UB IN ANY WAY, IN FACT, I SHOWED A GOOD DEAL OF RESTRAINT, AND STLL HAVE NOT RELEASED ALL THAT I KNOW ABOUT HIM. WHY IS IT OKAY FOR THOSE TWO TO PUT KEN DOWN TIME AFTER TIME ABOUT HIS FLAWS, YET WHEN SOMEONE FINDS OUT ABOUT THEIRS IT IS OFF LIMITS???? I DON'T THINK THAT IS FAIR
 

Ron Mexico. #7
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Journeyman good post

Wil- What's with you and the rubber room lately ???

Relax. Everybody knows you're the man...dont worry.
 

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Book owes forum players/sharps 100k. Robbie says he wants those players out and of course they want to get out. He says it will take 2 weeks.

Anytime a book offers to move players to another book or is in debt and needs time we have good reason to worry.

However, one thing the players have going for them in this situation is they are not dealing with faceless shareholders. If Robbie's apparent desire to pay is genuine, it is a matter of if he has/can get it.
 

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Pete - Just so you know I have not sent a thread to the Rubber Room for days. I referred to a thread already open there about some of the things Journeyman brought up in this thread that have nothing to do with the topic.

Thanks, wil.
 

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Cleve please keep the SG stuff in the RR thread. Thanks wil.

[This message was edited by wilheim on June 05, 2004 at 02:43 AM.]
 

Ron Mexico. #7
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Wil-- Your seem to be an OK guy but dont lie.

I ll allow five minutes of grace for you to check the facts of your last statement.
 

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Pete - whatever. If a thread got sent to the rubber room most likely it had something to do with posters calling each other names or some such childish stuff. I may have sent something like that to the RR if it makes you happy. Right now I just do not recall one. The real problem is there may be a book in real trouble and imo it is important to keep that in the forefront of this thread. Like I said this is not about me however much you may want to make it that way. The thread is about Apex, not the rubber room, sick gambler, or wilheim. I would appreciate it if you keep that in mind.

Thanks, wil.
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> We are reorganizing our post-up operation and eliminating most credit packages and shaper players, and will focus on recreational post up players ONLY.

NOTE: if there is a Sportsbook who would like these players, will gladly transfer the balances.

I has poured allot dollars into Apex over the past year only to see it eaten up by this type of action.

This change of policy give us a more focused direction on where we want to take the company this football season and into the future.

Given our current resources and client base and the reduced costs by eliminating Wise guy and credit action, secures and guarantees us success.

Well we are restructioning. We expect a little inconvience, and thing will be back to normal.

Robbie

P.S. I will be in the office to take call tomorrow - June 4t <HR></BLOCKQUOTE>


from OGD
 

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Apex is going to be okay. Robbie has paid me quite a bit in the last 2 months. I have my NETeller history to prove it. I am owed roughly 16k and not 47k..

Sick please keep this stuff between yourself and Clevefan in the RR thread. Like I said this thread is about Apex and their situation. Thanks, wil.

[This message was edited by wilheim on June 05, 2004 at 02:42 AM.]

[This message was edited by wilheim on June 05, 2004 at 02:44 AM.]
 

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willy, are you scared of this witch, or what.. You allow her to take shots at me all night and all you have to say is... clevfan, i ask you to pls stop.. that's it.

But when i say something, it's deleted. That's not right wilheim.. That is why i copied and pasted what i had to say because i knew you'd do that. Not cool wilheim. It's like you're all scared of her. I don't blame you. You should see her in person.. Yiiiiiiiiiiikes..

I am going to put my post in RR because i want to make sure she reads what I have to say to her.. I am not joking anymore willy. And pls do NOT erase it. thanks
 

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Sick there is nothing negative about you in this thread. I only asked for a thread without all the drama about Apex. Is that asking so much.


wil.
 

acw

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We are discussing APEX to learn everything we possibly can about them............BAD or GOOD.

There is not that much that you need to learn about APEX!

I will explain to you how these books go under and it is every time the same story.
It starts having a poster like HymanRoth post
http://forum.therx.com/6/ubb.x?a=tpc&s=100090022&f=988094022&m=341104341
i dont understand why a book making over 120 million a year, someone believes this is true and on top of that this someone thinks what Spiro can, I can do too.
So this someone starts a sportsbook. Then how to get clients? Well one needs to be different from other books. Why would one otherwise play with a new book. So
A) the new book needs to start offering bonuses.
B) they need to offer a set of unique lines too (read take positions).
C) last but not least they need to start advertising.
Where can you get clients the easiest? Maybe on these forums. If that were not enough, you do not need to worry as a bookie that your clients will be betting kind of on both sides of a line, so it becomes messy to know which side you actually need to support as a book, no the luxury is that every single client that you have will be betting on exactly the same team, so it becomes a real fight between you as the book and your clients.
Anyhow A+B+C all together is an expensive combination, which does not often beat D (being lucky).

So FISHHEAD, what have we learned here? Every time a new book shows up and they go the A+B+C route, then they will become another APEX sooner or later.
 

TOW

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This Apex failure closely reminds of the G.A. failure with Robbie acting like Bleu Marlin's Reggie. Unless a miracle occurs Apex is toast.

Main difference from mentioned previous failures is the existance of SGA's cover ( pre arranged limited bailout option ).

Sadly enough no one seems to have learned Gamblers Avenue's lesson. Real bookies know that forum players' action may be taken ( and be profitable )only and if their book has a minimum active base of 800 upwards. With an active ( daily ) base of 500 to 800 they may break even, with less than 500 they loose. This was the case of G.A. , that had nearly 400 actives. Apex is apparently even smaller.

One thing must be kept in mind : don't blame players when a book goes under, as its the bookie's incompetence and greed to be blamed.

TOW
 

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I am hearing reports from numerous outlets that this place is in serious financial trouble.

There are many no-pays being reported.

If anybody has any serious money here, I would be very concerned.

If anybody can contribute more to this situation, please do so here.

Thanks everyone!
 

She might have fooled me, but she didn't fool my m
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i wish robbie and his players the best,
 

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By the looks of it, I dont think a whole heck of alot of people from the RX have funded accounts with APEX.

Guess at this time, that is a positive thing.
 

Another Day, Another Dollar
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Good that there doesn't seem to be to many of us affected as of now.
 

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Guys....SHRINK has taken down the Links for Players SB & V Wager...

Seems they have been slow paying their advertising Bill & the feeling may be Players are coming Next...

How about a 'SITUATION' thread on those two books...Since they were advertisers here there may be way more people affected by them if they go down or NON PAY etc...
 

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