Important Announcement From Bet Eurosports...

[noagenda]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Halifax:

Originally posted by miamiman:
In a way the post up players here , have ate up in the last year or so wagers paradise,prime time sports, oddsnends then GA took them over and then the players ate GA, and now they have ate beteuro up as well.<HR></BLOCKQUOTE>


That is because this board is 95% bonus whores and scalpers. Not many squares here.

 

[SunDevil]

Shawn,

You say you will continue to allow interbook transfers. Please elaborate. With which books will you allow transfers in/out? Thanks.

 

[PatrickMcIrish]

I have not been around as much the last couple of days so this caught me off guard. Probably should read up a little more on it first but here's my impression of this. To be selfish I guess the Neteller is what bothers me the most as a player. I have no problems with them pulling the bonuses. I have taken them and will continue to pick them up along the way but by the same token I am almost happy this book has the guts to do that rather than whine about them. They are saying we are good enough without them in our mind, you either play with us or you don't. Nothing irritated me more than books offering up bonuses and then crying about it if a player worked the rules. "He did everything in accordance with our rules but barely did it, you could see he is taking advantage of our bonuses". Don't offer them if you don't want the players to take them, if you do need them don't cry about it when they work them to their max potential. It's a game and both sides will take any edge they can get! Not really taking up for a bonus whore but I always told books who complained to me you have the power to end all this at any time. Looks like EuroSport did just that. Play there if the other stuff is attractive enough, if not no hard feelings. For me I hate the no Neteller stuff but they have a lot of good stuff there that I like so I am not taking one dollar out.

As far as their financial stuff let's be smart about this. This is not a sign the book is in trouble as some seem to suggest. Not even an issue here. Some players don't realize it but the credit side of some of these books are bigger and been around longer than their post up side. They have been profitable long before they got in the post up side of things. It's a whole new animal to some bookies who aren't used to it, seems the longer you have been credit only the tougher it is to get used to. After a while you sit there and think geez we have 100 times more problems since we got active in the post up side then we ever had as just a credit shop. Let's focus more on what we do best. BTW all of this is just my general impression and not related to this specific case. Also this is important for new players to understand, this is a safe shop. If you beat them you will get paid. If they were having cash flow problems they wouldn't make it almost impossible to post up with them. They would do like the other books who get short and make it as easy as they could for us to send them our money. If nothing else we have learned when books are on these forums almost daily trying to get post up money to not ignore that piece of information. I think at times we out think ourselves and can't see clear pieces of information that could be of use to us. If a book like WWTS or Pinnacle for instance announces some specials here and there that's different. But when these books who have no history and show up with a heavy forum presence we need to be aware of it. Especially when they are out here every day trying to get our money, we need to be smarter than we have been to date.

Anyway my read on EuroSport is if anything this strengthens them in the long run in my eyes. They are seeing a potential problem and taking action now like a smart book would do. If you know the business you take action before a situation becomes a crisis. Teddy has a good reputation and he knows how to make money. We may not like it but hard to knock someone for doing what's right for his business. One thing has never changed in this industry, you need squares to survive. Been that way from day one and will always be that way. Someone has to prime the pump. We will continue to see the culling of the herd but EuroSport will be here a long time IMO. No matter who you are you must protect the bankroll. If you do not you will not have it long.....

 

[Jazz]

Pat: good post.

Do you have any thoughts on the slow-pays at SBT?

 

[ShawnM.]

Patrick has hit nail on the head.....

There are a lot of head aches involved with post-up and the negatives are outweighing the positves. Post-up is not what it used to be and competition has just gone mad. We just want to keep things simple for US.

Shawn M.

 

[PanchoSanza]

They netellered me 2.5 K this morning.

I will keep playing there, can always move money in/out via CRIS Oly and GRANDE.

 

[SunDevil]

Shawn, my question got buried by Pat's great (but lengthy) post. Can you please elaborate on whether and with whom you will continue to allow interbook transfers? Some of us just can't stomach WU but transfers are a viable option. Thanks.

 

[PanchoSanza]

Sundevil,

They will still do them.

Look at Shawns post from 9:33 am on page 1 of this thread.

They do them with CRIS, OLY and GRANDE.

 

[PatrickMcIrish]

Jazz - thanks. Most of us who have been here a while can see things like this for what they are but it is confusing for newbies. I know it was for me, I couldn't see the obvious things but then overreacted on little things like this that came up. LOL. Anyway when I get caught up I will get up to speed on SBT. If I have anything useful to say I will post to it.

Shawn - no surprise as I have been hearing the same things for a while. I don't blame you guys at all, more books may start pulling bonuses before it's all over. With all those betting options and the strong name behind your book I wouldn't be surprised if a lot of people will do what is needed to stay on there. Hope it works out for you.

BTW on a side note to all this, books have been "profiling" our Neteller deposits long before this. I'm no expert at it but they break it down and look at who sent it, how much, and where we sent it from. Maybe some other stuff too I don't know about. Believe it or not they claim they can tell a lot about what sort of action you will give them before you ever make your first bet. I used to laugh at my partner because he would turn down a referral before he accepted it from a wise guy and he always used Western Union. Sharpest guy in the world but seems to always fly under the radar, just keeps grinding away. Maybe we shouldn't have been laughing all this time. Anyway what is coming I wouldn't care to guess but Neteller is something a lot of the books are taking a very close look at. They have been for a while. I would guess this won't be the last shop to pull them as a funding option either.

 

[ShawnM.]

We will still do book to book transfers with a minimum (ex. $1,000 minimum). We will accept book to book transfers with CRIS, Olympic, & Grande as well as some others.

 

[Kiss1]

On what planet is it easier to collect from "credit customers" than to collect from a post up ?

LMAO ... at this obvious BS.

Neteller is screwing the books with there fees and the books are screwing themselves offering the give aways ...

We as "customers" are spoiled and that my friends is not likely to change.

 

[peterx]

While Shawn mentioned valid items such as excessive bonus as bad business, taking away Neteller and other methods in lieu of Western Union (cash) suggests the following...

- no funds to beef up their Neteller balance
- prefer WU (cash) coz they r not liquid

Kiss1 nailed it when he called "credit business better than post-up" an obvious BS.

Well, good luck to Shawn and company though my gut tells me they won't be around for long. Sportsbooks and casinos are adding deposit/withdrawal options, not the opposite.

Even the serious gamblers have been spoiled by the bonus offerings. Instead of dumping $10k on one out, they spread it around 5 outs at $2k each, do book-to-book transfers via Neteller, and in the end avoid paying any send/receive fees. But that's how business is nowadays, tough competition indeed.

 

[ShawnM.]

When we took over Bet Eurosport we had two things in mind. One, Get our current credit players on-line. Give them more options etc.. keep the players happy they pay on time and in full. Two, was to get new players via post-up. Unfortunately the industry is changing and there is just too much competition for our liking and we don't like to give out free money.

Shawn M.

 

[Samurai]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Kiss1:
On what planet is it easier to collect from "credit customers" than to collect from a post up ?

LMAO ... at this obvious BS. <HR></BLOCKQUOTE>
That's exactly what it is.

The group who took over BetEuro wanted to try the postup business, but didn't like what they saw. Now they are leaving, but they don't want to simply say they are leaving the postup business, so they just make it so that 98% or more of postup players will leave on their own.

This not not a "policy change". This is telling the postup players to take a hike.

 

[MadCapper]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Unfortunately the industry is changing and there is just too much competition for our liking and we don't like to give out free money.

Shawn M. <HR></BLOCKQUOTE>

Is that why D.T. is no longer there?

 

[wanderer]

>No wonder DT didn't reply back to me ... lol

D.T's e-mail is dtcolen@hotmail.com