ROYAL SPORTS REMOVED FROM SITE DUE TO NUMEROUS SLOW PAYS!!!

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Ladeda, you could not be further from the truth. Again I will go on record, and say that payment for advertising space had noting whatsoever to do with the banner coming down. The slow pays were long drawn out negotiations, finnaly it became to much for the Rx. to in any good conscience keep the banner up. Believe what you want, but trust me I have an IQ much higher than 90, and am very much aware what happened early this month as to when and why the decision was made to take the banner down. Natrually some halfbaked conspiracy sounds better to someone who has absolutely zero information, knock yourself out, I really don't care what you think, but remember you are very wrong.


wil.
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by FISHHEAD:
The Hyundai has the best car warranty in America.

I will still never buy one.<HR></BLOCKQUOTE>

And why not ??

Let me guess .. you're basing your comments on how the situation was 10-15 years ago.

Well think again. And welcome to the 21st century.

As you know, current information is the key to success, so here is the 2004 J.D. Power Initial Quality List, with the lowest number being the best:

2004 IQS Results:

Lexus 87
Cadillac 93
Jaguar 98
Honda 99
Buick 100
Mercury 100
Hyundai 102
Infiniti 104
Toyota 104
Mercedes-Benz 106
Audi 109
BMW 109
Oldsmobile 110
Volvo 113
Acura 117
Chevrolet 119
IND. AVERAGE 119
Chrysler 120
Dodge 121
Lincoln 121
Pontiac 122
Subaru 123
GMC 127
Ford 130
Mitsubishi 130
Saab 133
Jeep 136
MINI 142
Land Rover 148
Saturn 149
Suzuki 149
Kia 153
Nissan 154
Mazda 157
Scion 158
Porsche 159
Volkswagen 164
Hummer 173

"The oft-quoted annual report, released today, delivers some unexpected surprises. Undoubtedly the biggest shocker comes from Korea. Long the industry laggard, Hyundai has soared past the traditional quality leader, Toyota.

Power made specific note of the advancements made by Hyundai, saying the South Korean automaker has improved its quality 62 percent since 1998. Walters described that as "if not the most significant than one of the most significant improvements we've seen."

Robert Cosmai, president and chief executive of Hyundai Motor America, was gratified by Power's praise, but he said in a statement, "Improving the quality and improving the perception of quality is an ongoing process."

Until recently, Korean makers have anchored the IQS and other quality surveys. In 1998, when Power redesigned the Initial Quality Survey, they had a score of 272, nearly double the problems of the Japanese, at 156. This year, they surge to second place, with a group score of 117 PP100s, comfortably ahead of both Europeans and American automakers."

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"FOR IMMEDIATE RELEASE: April 28, 2004


WESTLAKE VILLAGE, Calif.—For the first time, Korean-branded vehicles outpace both European- and Domestic-branded vehicles in initial quality, according to the J.D. Power and Associates 2004 Initial Quality StudySM (IQS) released today.

Manufacturers of Korean-branded vehicles, strongly driven by Hyundai’s performance, have aggressively cut initial quality problems by 57 percent in the past six years—dropping from 272 problems per 100 vehicles (PP100) in 1998 to just 117 PP100 in 2004. This dramatic improvement is a stark contrast to the state of initial quality among the Korean-branded vehicles in 1998, when they trailed the industry-leading European-branded nameplates by an imposing 116 PP100. The Koreans now lead the Europeans by 5 PP100 and the Domestics by 6 PP100, and trail the Japanese by just 6 PP100.

"A decade ago, as Korean manufacturers struggled with a universally poor reputation for vehicle quality, no one would have predicted they could not only keep pace, but actually pass Domestics and other imports in terms of initial quality," said Joe Ivers, partner and executive director of quality/customer satisfaction at J.D. Power and Associates. " "
 

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So your telling me I should trade my Mercedes in today for a Hyandai?

No can do, sorry.
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by FISHHEAD:
So your telling me I should trade my Mercedes in today for a Hyandai?

No can do, sorry.<HR></BLOCKQUOTE>

No, I'm telling you that your preconceived notions about the (lack of) quality of Hyundai cars, probably formed and molded in the late 80s / early 90s, are wrong.

----------------------

Another interesting thing is how the quality of the Jags has vastly improved over the last 10-15 years.

They used to be nothing but problems.

If you drove a Jaguar and a Harley 15 years ago, you had to be a licensed mechanic to keep both machines going.
 

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Royal ads should be taken down as they are slow paying players, and The RX OFFERS NO protection to players in this situation beyond not leading them to Royal.

I personally think Royal should be pulled from every site as this whole thing is a joke. Slow paying like this shouldn't be supported by anyone.

These escrow and protection programs have got to the point were there are many different classes of sports bettors. And lets face it, if you are playing via the RX you are at the bottom of the list when it comes to forum players getting paid. I don't think the tiered system is that fair (example being that RX reader post up with PanAm, his money in put by PanAm in OGD escrow and OGD players get paid in weeks, while RX player waits half a year to get paid if ever). But I don't see anyway around it.

Cat is out of the bag and if the RX continues to offer ZERO to players beyond a forum to post complaints (lot of goood that has done in PanAm case) and pulling ads when a book is slow paying, then its players are falling behind.
 

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Lakerfan,

An escrow account is only as good as the money behind it. How much do the sites offering it have in the bank to protect the players? Shouldn't you have the RIGHT to see a bank record to know what you are REALLY getting in the way of PROTECTION?
icon_rolleyes.gif


Furthermore, as we weed out questionable sports books who slow pay the gambler, I assure you that our current advertisors are amongst the strongest group of sports books found anywhere on the internet...

Lastly, we don't accept advertising money from just anyone, case and point being sportsbook911.

Have we made mistakes? We sure have. But we are learning and growing from them. It is also my understanding that sports books fear the consequences of not paying out when they join this site, so I prefer the power of the people (our posters) over a rather small insurance program...

THE SHRINK
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> I assure you that our current advertisors are amongst the strongest group of sports books found anywhere on the internet...

THE SHRINK <HR></BLOCKQUOTE>


And what good is that claim without the
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> have the RIGHT to see a bank record to know what you are <HR></BLOCKQUOTE>
right to see the financial records of these companies???
I mean those assurances sound a lot like the reps made about pan am.
My point is, peep has n right to blindly accuse you of posting about royal due to the ad $ as you have no right to blindly accuse him of not having the $ in escrow
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>An escrow account is only as good as the money behind it. How much do the sites offering it have in the bank to protect the players? <HR></BLOCKQUOTE>

Major and Peep both have a positive track record paying players from either their own money or some type of escrow. Additionally, I trust both of them. Their word is enough for me. And at worst they won't/can't pay when I would have been screwed anyway.

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Shouldn't you have the RIGHT to see a bank record to know what you are REALLY getting in the way of PROTECTION? <HR></BLOCKQUOTE>

Would be nice, but Peep can't operate through Neteller anymore, so it makes it more difficult. Since you brought it up, aren't you supposed to be reviewing the financials of the books that advertise here? Are you doing it? Do we have anything to worry about?

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Furthermore, as we weed out questionable sports books who slow pay the gambler, I assure you that our current advertisors are amongst the strongest group of sports books found anywhere on the internet...

Lastly, we don't accept advertising money from just anyone, case and point being sportsbook911.
<HR></BLOCKQUOTE>

Got to give you credit here. The books at the top are all very good. I feel comfortable playing with any of them (aside from Hollywood).

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> It is also my understanding that sports books fear the consequences of not paying out when they join this site, so I prefer the power of the people (our posters) over a rather small insurance program...
<HR></BLOCKQUOTE>

I agree that the power of the forum is worth something. It has got me paid a couple times when otherwise I would not have. That said it hasn't done a thing to solve for PanAm. If I am in a player, I would much rather have cash in hand then the idea that someday the forum will save me.

All that said, you still run a good site. If you keep your advertising standards high, I don't even know that you need escrow. But as books like PanAm show, you never know. So create some new company hire a couple people and get into the player protection business. It can only make this site get stronger.
 

ODU GURU
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lakerfan,

Thank you for taking the time to make an excellent and thoughtful post. I will speak with ownership about offering "insurance" if that's what our posters want...

However, as you pointed out along with myself, if we keep the standard very HIGH by not allowing questionable books such as Royal to advertise here, then there would be no need for insurance at all...

One only needs to do a review of topics on this site to see the NUMBER of posters who were not being paid until they posted that ROYAL wasn't paying out on this site..

Thanks,

THE SHRINK
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by THE SHRINK:
acw,

ROYAL SPORTS was taken down due to numerous slow pays...

If it had been for not paying their advertising bill , I'd have said so, just like I did with VWAGER...

See link below....

http://forum.therx.com/6/ubb.x?a=tpc&s=100090022&f=988094022&m=643106441


Thus, we have a book that has PROVEN to be trouble for both our posters and at least one of their advertisors...

Is this the type of sports book you want to play at?
icon_confused.gif


THE SHRINK<HR></BLOCKQUOTE>


Ken, are you and any of your "friends" currently playing at Royal? Just curious.. a Yes or No will suffice.

Thanks

HTRC
 

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"I will speak with ownership about offering "insurance" if that's what our posters want..."

What poster with half a brain wouldn't want insurance? Please any poster not interested in free insurance please post why you wouldn't want it?
 

ODU GURU
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jwundedog,

With all due respect, would you rather have us endorse a book like ROYAL and offer 500 dollar insurance per gambler or a book such as PINNACLE with no insurance?
icon_rolleyes.gif


THE SHRINK
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by jwunderdog:
"I will speak with ownership about offering "insurance" if that's what our posters want..."

What poster with half a brain wouldn't want insurance? Please any poster not interested in free insurance please post why you wouldn't want it?<HR></BLOCKQUOTE>

First off, let me start off by saying that if anybody feels safer with an escrow, insurance plan, etc., etc.........go for it.

For me personally, and I think I speak for quite a few people here, here are my reasons currently why I dont participate......

1. I do not feel confortable with giving out certain kinds of information about my accounts to a third party.

2. Many times the protection only covers a very small percentage of what I have actually posted up at a book.

3. Feel very content and confortable with the books that I play at...........and knock on wood, have only been stiffed once in the many years I have played offshore, which includes having money posted up at no LESS than 120 sportsbooks. (Aces Gold being my only stiff job).

Again, these are my PERSONAL reasons.

Everybody has their OWN choices to make on........

1. WHERE THEY PLAY
2. AMONUNT POSTED UP AT THE DESIRED PLACE
3. HOW TO TRANSFER FUNDS
4. WHEN AND WHAT TO WAGER
5. RATHER TO TAKE ON ANY INSURANCE OR ESCROW
6. ETC ETC ETC

THE CHOICE COMES DOWN TO EACH INDIVIDUAL, AND CONSEQUENTLY ALL RESPONSIBILITY COMES UPON ONES VERY OWN SHOULDERS.

In the case mentioned above where I lost a considerable balance..........I BLAME NOBODY BUT MYSELF for my misfortune.................not a watchdog site, another player, or even ACES GOLD themselves.

I TAKE FULL RESPONSIBLITY FOR MY MISHAP.
 

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WOW Fishfry...that is one of your better posts while I agree 100% with your statement

"THE CHOICE COMES DOWN TO EACH INDIVIDUAL, AND CONSEQUENTLY ALL RESPONSIBILITY COMES UPON ONES VERY OWN SHOULDERS"

An insurance plan might help bring newbees that are on the fench about betting as a hobby. IMO
 

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"With all due respect, would you rather have us endorse a book like ROYAL and offer 500 dollar insurance per gambler or a book such as PINNACLE with no insurance? "

With all due respect, that is not what I posted in response too. You posted that if players were interested in insurance you would talk to ownership about it. Your post mentioned no specific books. I would say a more reasonable comparsion would be "would you rather have an account at pinnacle with insurance or without?".
 

It's like sum fucking Beckett play that we're rehe
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The whole concept of insurance is actually rather stright forward and easily implemented, the tighter the insurance the higher the "cost", which would (should) be paid by the book (if non-advertiser) or split (book/site if advertiser).

Players in the program have their funds escrowed at a 3rd paty account (neteller). Book reconciles accounts daily for all players in the program, and makes additions to the escrowed fund acount to support the player balances. Reconciling less than daily creates a GAP in the program, which could be partially cured via cushion requirement (maintain 120% of last reconciled balance). A techie could better explain how to tag the accounts (easy identifier) with report sent to site or other 3rd party reconciling balances.

Not rocket science here guys. Simple set of policies and controls.

Later
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by THE SHRINK:
jwundedog,

With all due respect, would you rather have us endorse a book like ROYAL and offer 500 dollar insurance per gambler or a book such as PINNACLE with no insurance?
icon_rolleyes.gif


THE SHRINK<HR></BLOCKQUOTE>

With all the warning signs that a failing book exibits, any serious player should have ample time (IMO) to pull their money before the book goes into complete failure. These books just don't crash overnight!
 

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