Sal, firstly Welcome to the RX..
secondly IMO When I was a MOD here I NEVER recommended a book BLINDLY. IF I posted up and was paid I would tell anyone that happened to ask about that specfic book of my ACTUAL experience...We are all here on our OWN you have NO ONE to blame for this..We all make the decision to send money to a book or not...
It is a RISK we all take. I posted up at Betpan hearing Ken speak highly of it...Granted I had lost all my monies before then went TITS up but I made that decision to pull the trigger on the neteller button and send it over to them...
I really hope you get paid as I do everyone that has lost monies there but it was YOUR OWN decision to send it to them. as was mine when I did
secondly IMO When I was a MOD here I NEVER recommended a book BLINDLY. IF I posted up and was paid I would tell anyone that happened to ask about that specfic book of my ACTUAL experience...We are all here on our OWN you have NO ONE to blame for this..We all make the decision to send money to a book or not...
It is a RISK we all take. I posted up at Betpan hearing Ken speak highly of it...Granted I had lost all my monies before then went TITS up but I made that decision to pull the trigger on the neteller button and send it over to them...
I really hope you get paid as I do everyone that has lost monies there but it was YOUR OWN decision to send it to them. as was mine when I did
Ken
I am of the opinion that your above words are inadequate. You are going to have to do a lot better given the grand way they were promoted, if you want to emerge from this crisis whole.
I thought you previewed a strong hand when this story first broke and I hope you refind that passion for this sites sake.
GL
I am of the opinion that your above words are inadequate. You are going to have to do a lot better given the grand way they were promoted, if you want to emerge from this crisis whole.
I thought you previewed a strong hand when this story first broke and I hope you refind that passion for this sites sake.
GL
I just wonder, what more could people ask for? If you say to someone make absolutely sure I will never get screwed with this book, you won't get anyone to recommend anything to you. I mean unless the person is intimately involved with the book they can't guarantee anything. I agree maybe the Shrink or others that endorse a book could be more explicit in their disclaimer, but really if we force anyone to say something with 100% certainty on this subject you will never have a clue who to trust. For this very reason I have made it a point to NEVER say who I think is safe, even if a book such as Pinnacle would seem to everyone safe. If you have no real control over it, why go there?
Just my two cents...
Just my two cents...
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by WildBill:
I just wonder, what more could people ask for? If you say to someone make absolutely sure I will never get screwed with this book, you won't get anyone to recommend anything to you. I mean unless the person is intimately involved with the book they can't guarantee anything. I agree maybe the Shrink or others that endorse a book could be more explicit in their disclaimer, but really if we force anyone to say something with 100% certainty on this subject you will never have a clue who to trust. For this very reason I have made it a point to NEVER say who I think is safe, even if a book such as Pinnacle would seem to everyone safe. If you have no real control over it, why go there?
Just my two cents...<HR></BLOCKQUOTE>
I just wonder, what more could people ask for? If you say to someone make absolutely sure I will never get screwed with this book, you won't get anyone to recommend anything to you. I mean unless the person is intimately involved with the book they can't guarantee anything. I agree maybe the Shrink or others that endorse a book could be more explicit in their disclaimer, but really if we force anyone to say something with 100% certainty on this subject you will never have a clue who to trust. For this very reason I have made it a point to NEVER say who I think is safe, even if a book such as Pinnacle would seem to everyone safe. If you have no real control over it, why go there?
Just my two cents...<HR></BLOCKQUOTE>
SHRINK;
You would think a man in your position would already know not to trust unproven books with no track record. Are you just finding this out? If so, this entire site is a sham!!!!!!!!
Bottom line, you sell your integrity for advertising dollars. Right now, the RX is as credible as my $3,013 PanAm account.
You would think a man in your position would already know not to trust unproven books with no track record. Are you just finding this out? If so, this entire site is a sham!!!!!!!!
Bottom line, you sell your integrity for advertising dollars. Right now, the RX is as credible as my $3,013 PanAm account.
Good points Bill. But I think what the players would expect is for Ken, Russ, etc to try working with the books to create vehicles like Peep has tried to create. Whether his turns out to be feasible only time will tell, but it is really appalling to see Ken, Russ vindictively try & get Neteller to shut down a potentially great idea just so that they can say their sign-ups are no worse off than anybody else's. Can you think of one other good reason why they'd be attacking his (Peep's) program now? I can't. It was there for at least a month before this sh*tstorm broke, but all of a sudden they're up inarms about the legal feasibility of the structure. Conicidental timing my ass.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> SHRINK;
You would think a man in your position would already know not to trust unproven books with no track record. Are you just finding this out? If so, this entire site is a sham!!!!!!!!
Bottom line, you sell your integrity for advertising dollars. Right now, the RX is as credible as my $3,013 PanAm account.<HR></BLOCKQUOTE>
Yup, kind of the consensus feeling from what i am seeing
WILDBILL
Not sure, but If you lead hundreds of people to the slaughter and had almost nothing to say about it, Id say you were in for a pretty significant downfall.
The issue here, imo, is not that the book is in trouble so quickly, it is the specific manner and claims that were bosted by the rx a few months ago. Thats the rub and only the lowest of shit would not recognize that.
You would think a man in your position would already know not to trust unproven books with no track record. Are you just finding this out? If so, this entire site is a sham!!!!!!!!
Bottom line, you sell your integrity for advertising dollars. Right now, the RX is as credible as my $3,013 PanAm account.<HR></BLOCKQUOTE>
Yup, kind of the consensus feeling from what i am seeing
WILDBILL
Not sure, but If you lead hundreds of people to the slaughter and had almost nothing to say about it, Id say you were in for a pretty significant downfall.
The issue here, imo, is not that the book is in trouble so quickly, it is the specific manner and claims that were bosted by the rx a few months ago. Thats the rub and only the lowest of shit would not recognize that.
Yes but everyone in this line of work has recommended something or at least said something that is safe that ended up going under. The bottom line is nobody can prevent that. I think that Ken and others have done quite a bit when books were in trouble in the past in doing what they could in getting at least some bailout. There is only so much anyone can do, the only real people with true power here are the people at Panam. Beyond that there isn't much he could say. He did come out and pointedly made his frustrations clear earlier, but beyond that he probably couldn't say much more that people couldn't see for themselves through the occasional Panam posts.
And think of it this way, the rub as I see it, without sites like this and Major's where would people go? What would they do right now? If you had some dimes in that book and there was no central posting site like this and they were delaying payouts, just what could you do? Not a whole lot. I agree that Peep's idea seems reasonable, but then again I can see some who have no control over the situation not get dragged further into it. Its a sad case and there probably will be others to come. If you don't trust Ken anymore then don't listen to him, do your own research. I am sure he would understand. Just don't expect to find anything any more certain than his word is what I would say. It isn't perfect, but it is better than what else you have to rely on out there.
And think of it this way, the rub as I see it, without sites like this and Major's where would people go? What would they do right now? If you had some dimes in that book and there was no central posting site like this and they were delaying payouts, just what could you do? Not a whole lot. I agree that Peep's idea seems reasonable, but then again I can see some who have no control over the situation not get dragged further into it. Its a sad case and there probably will be others to come. If you don't trust Ken anymore then don't listen to him, do your own research. I am sure he would understand. Just don't expect to find anything any more certain than his word is what I would say. It isn't perfect, but it is better than what else you have to rely on out there.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by WildBill:
Yes but everyone in this line of work has recommended something or at least said something that is safe that ended up going under. The bottom line is nobody can prevent that. I think that Ken and others have done quite a bit when books were in trouble in the past in doing what they could in getting at least some bailout. There is only so much anyone can do, the only real people with true power here are the people at Panam. Beyond that there isn't much he could say. He did come out and pointedly made his frustrations clear earlier, but beyond that he probably couldn't say much more that people couldn't see for themselves through the occasional Panam posts.
And think of it this way, the rub as I see it, without sites like this and Major's where would people go? What would they do right now? If you had some dimes in that book and there was no central posting site like this and they were delaying payouts, just what could you do? Not a whole lot. I agree that Peep's idea seems reasonable, but then again I can see some who have no control over the situation not get dragged further into it. Its a sad case and there probably will be others to come. If you don't trust Ken anymore then don't listen to him, do your own research. I am sure he would understand. Just don't expect to find anything any more certain than his word is what I would say. It isn't perfect, but it is better than what else you have to rely on out there.<HR></BLOCKQUOTE>
Good post. I tend to agree.
Yes but everyone in this line of work has recommended something or at least said something that is safe that ended up going under. The bottom line is nobody can prevent that. I think that Ken and others have done quite a bit when books were in trouble in the past in doing what they could in getting at least some bailout. There is only so much anyone can do, the only real people with true power here are the people at Panam. Beyond that there isn't much he could say. He did come out and pointedly made his frustrations clear earlier, but beyond that he probably couldn't say much more that people couldn't see for themselves through the occasional Panam posts.
And think of it this way, the rub as I see it, without sites like this and Major's where would people go? What would they do right now? If you had some dimes in that book and there was no central posting site like this and they were delaying payouts, just what could you do? Not a whole lot. I agree that Peep's idea seems reasonable, but then again I can see some who have no control over the situation not get dragged further into it. Its a sad case and there probably will be others to come. If you don't trust Ken anymore then don't listen to him, do your own research. I am sure he would understand. Just don't expect to find anything any more certain than his word is what I would say. It isn't perfect, but it is better than what else you have to rely on out there.<HR></BLOCKQUOTE>
Good post. I tend to agree.
Shrink even went to visit these guys and came back hooting and hollaring aobut how great they are and how money is safe cause of a $500k bond. Now we find out that all Shrink had was the scamming owners words that there was a bond???
WTF did they go there for? He could have told Ken that over the phone.
WTF did they go there for? He could have told Ken that over the phone.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by DE NIRO:
shrink
are they payingout today slowly
or these people saying they got paid bullshit<HR></BLOCKQUOTE>
Deniro, it's not bullshit. I'm no schill. I got paid 2.5 yesterday. Just be persistent.
shrink
are they payingout today slowly
or these people saying they got paid bullshit<HR></BLOCKQUOTE>
Deniro, it's not bullshit. I'm no schill. I got paid 2.5 yesterday. Just be persistent.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Ladeda:
Shrink even went to visit these guys and came back hooting and hollaring aobut how great they are and how money is safe cause of a $500k bond. Now we find out that all Shrink had was the scamming owners words that there was a bond???
WTF did they go there for? He could have told Ken that over the phone.<HR></BLOCKQUOTE>
WildBill:
This is the reason that Shrink's actions and words were/are more offensive in the BetPanAm situation.
When he welcomed books such as Blue Marlin and Wagers Paradise to the site, it was different. With these (and other) books, Shrink may have used such terms as "deep pockets", "stand-up guys", or "the owner's a friend of my high school buddy", but at least the discerning reader could take these types of comments for what they were worth.
With PanAm, it was different. He made it widely known that there was a $500,000 bond that was supposed to (at least partially) safeguard players' funds. If Shrink continually stated this in his marketing efforts, the onus should have been on him to verify the existence and legitimacy of said bond ... and he didn't.
That's why his actions were totally inappropriate, and went beyond simply stating something like "Scotty and Marty's word is gold".
Shrink even went to visit these guys and came back hooting and hollaring aobut how great they are and how money is safe cause of a $500k bond. Now we find out that all Shrink had was the scamming owners words that there was a bond???
WTF did they go there for? He could have told Ken that over the phone.<HR></BLOCKQUOTE>
WildBill:
This is the reason that Shrink's actions and words were/are more offensive in the BetPanAm situation.
When he welcomed books such as Blue Marlin and Wagers Paradise to the site, it was different. With these (and other) books, Shrink may have used such terms as "deep pockets", "stand-up guys", or "the owner's a friend of my high school buddy", but at least the discerning reader could take these types of comments for what they were worth.
With PanAm, it was different. He made it widely known that there was a $500,000 bond that was supposed to (at least partially) safeguard players' funds. If Shrink continually stated this in his marketing efforts, the onus should have been on him to verify the existence and legitimacy of said bond ... and he didn't.
That's why his actions were totally inappropriate, and went beyond simply stating something like "Scotty and Marty's word is gold".
I don't believe that this has been addressed, but if it has then please direct me to it.
BetPanam posted up a $500,000 bond. However, if they had to pay all of their players/refund players money etc. How much would they owe?
Let's say that it was $2 million owed then the $500,000 bond would only cover 1/4 the of the money owed. Not to mention I believe that the local merchants that rent them office space, satellite equipment etc, plus employees would see their money first per the Panama Government rules.
BetPanam posted up a $500,000 bond. However, if they had to pay all of their players/refund players money etc. How much would they owe?
Let's say that it was $2 million owed then the $500,000 bond would only cover 1/4 the of the money owed. Not to mention I believe that the local merchants that rent them office space, satellite equipment etc, plus employees would see their money first per the Panama Government rules.
At least from what I've read from people who have posted the Panamanian law regarding the $500,000 bond, that money was to resolve player disputes. It said nothing about insuring the money in each player's account. Again, maybe I misread the excerpts that were posted on the forum sites, but that is what I got out of it.
