A Retraction About The Losses Incurred By Mansion Sports Book!!!

[casinghand]

I think he's does his best, but, hey -- we're all human and according we all make mistakes from time to time.<!-- / message -->

Yea. Mistakes. I agree. :lolBIG:

 

[casinghand]

I thought he had reported the figure based on a employee telling him so. Now if he found out that the employee was lying or BSing, shouldnt he also report that?

1,2,3

Answer your own question. Roberto calls it 20 million. Shrink posts saying that it is more than Roberto claims. Then posts afterwards it is closer to 1 million than 20 million.

 

[casinghand]

You have anything to say for yourself Shrink?

 

[casinghand]

Well?

I have a feeling this thread will either be deleted or moved to the RR shortly. arty:

 

[aceduecetrey]

It is possible Shrink may be sleeping or out having a good time, like I wish I was.

 

[casinghand]

It is possible Shrink may be sleeping or out having a good time, like I wish I was.

Agree. But don't want to see this thread buried or deleted.

 

[wilheim]

I will not move this thread unless something very drmatic or controversial gets posted that may be untrue. As it stands now there is no reason to not wait for Shrink to respond next time he logs in and sees the thread right here in the Offshore forum.


wil.

 

[HighSide]

There's a forum poster by the name of "parlaythis" that predicted the demise of betpanam. He compared it to books using a similar marketing stragety(as bet panam), that evenually failed. It really was a great article.

Maybe someone knows who I'm talking about and can track town that article.



The only thing I can say about Mansion is.............


If it goes down I'll never listen to therx again

 

[formerly-known-as]

Add me to the list of losers.

I'm sure I bought someone a nice used car.

what kind of car can one buy for $200???

 

[THE SHRINK]

Whether Mansion has incurred a one million dollar loss or a twenty million dollar loss shouldn't matter so long as their bankroll can endure it, which I have said on multiple occasions that they have very deep pockets and can pay out...

Where I believe the misunderstanding occured was in the way the first information was passed along to me. The first "source" told me that Mansion's "NUT" had reached the level that Roberto expressed, and I took that to mean gambling losses. He called and told me yesterday that what he mant by "the nut" was ALL EXPENSES involved in running a sports book from start up costs, advertising, payroll, etc... I was under the impression that the "NUT" meant purely gambling losses at that time. So, therein lies part of the confusion...

Therefore, when I was explained the difference, I retracted my statement supporting Roberto's figure because I now believe that Mansion's gambling losses were only one million out of pocket, not twenty, and I felt it was the RIGHT thing for me to do....

Rather than getting caught up on the semantics, I would prefer gamblers to judge this sports book on their ability to pay out and the service you get from them.

I continue to feel very safe playing there, and I truly believe that there has been way too much crap stirred up about them, when no customer has ever echoed anything but support about Mansion.

BOTTOM LINE: THEY PAY, PERIOD....

THE SHRINK

 

[TheGeneral+]

I would suggest a trader magazine or car auction. You can get good deals.

Good luck

 

[DarrylParsons]

High Side,

I assume you mean if they go bankrupt WITHOUT paying all their customers. I would react the same way, but somehow I don't think the probability of that is too high, given what we know about them.

 

[PatrickMcIrish]

Someone INNACURATELY reported SECOND HAND information to me about the losses incurred by Mansion Sports book. In fact, I believe ROBERTO stated that the figure was over 20 million dollars. That is a gross overstatement and I apology to Mansion for agreeing with this figure.

After doing more research and after speaking with different people involved with Mansion, there recent losses are much closer to ONE MILLION dollars rather than 20 Million.......

THE SHRINK

WOW, how did I miss this post? For some reason I am more worried now then when you said they had lost 20 million, this seems very peculiar to me how this is playing out. You posted initially to concur with Roberto about losses from one of your paying advertisers? It stood out because many people gave you credit for being so candid about a book that pays you ad money. Props to you for that, you deserved it even if you sort of rode Roberto's coattails in on it. He reported that they have lost 20 million bucks and you strongly agreed with that. Afterwards for some strange reason is when you decided to do more research on this topic? Why wouldn't you do that research before you posted, especially a book with a banner up top? Seems odd to make a post like that and then decide to do your research later on, what prompted you to go back and look more closely? A butt chewing from someone?

Other then talking to employees of Mansion what sort of research did you do Ken, heck this might be something that can save all of us if you have figured out a way to determine how much books are winning or losing. I don't mean to be a hardass here but when an industry leader who runs a watchdog site makes a bold statement and then refutes it a few days later saying he decided to do more research, that is very puzzling. Many people have lost in PanAm and other books, things like this can be a sore subject to players. Might just be me but when I read something that seemed to be honestly posted only to find out it was bogus and all the facts weren't in then I am more concerned now then I was before I read the retraction. Can you tell us why you decided to do this research after you had made the original post? Would you admit to us if it was because you had gotten an ass chewing from someone for posting that about an advertiser? Just seems odd for a watchdog site to make a stand like this only to back away from it later by saying further research proved you wrong.

This sort of stuff is very serious topics for some players, thanks in advance for any information you can share.

 

[TheMajor+]

Pat, with all due respect, you should just leave issues of morality out of this. Nobody wants to read it.

Sorta gives me a funny feeling in my stomach when I read your posts trying to call people out. Not sure if it is just me or not.

Some of you posts are very good and very infomational, but please, spare us the holier than thou crap.

 

[vinividivinci]

McPatrick

How is your big-time gambling nephew doing? Keeping your passwords secure? Thanks for maintaining your moral watch on all of the offshore community. Pops would be proud.


VVV

 

[nimue77]

Last I checked sportsbookreview.com rates mansion as a C, which is high considering it a new book. It is also obvious that the owner is one of the richest guys in the world. I'm sure theyve sustained losses but I dont think anyone will have trouble getting their money out. I always get as much as I want (all free) by morning if I request it before I go to sleep. You are worring too much about this book. If you want to critcize a banner on this site try PlatinumSB, this book is rated on sportsbookreview and you can find a bunch of disturbing complaints on them.

 

[nimue77]

that should've read "rated a D at sportsbookreview.com"

 

[BoratSagdiyev]

Who is the owner anyway? Is it that guy who applied for a gaming license in a Province of China but lost out to the Venetian guy?

 

[Number13]

Nowhere in Mr McIrish's post do I see "morality" mentioned, nor do I see a "holier-than-thou" attitude. What he does do is bring up some points which need to be addressed, but that obviously is not going to happen.

 

[formerly-known-as]

Add me to the list of losers.

I'm sure I bought someone a nice used car.

general,

just chargeback, i read some where in this forum a post that talks about chargebacks etc, ppl pitch in and give creative ideas on how this is done etc.

my point is, when you wanted to know about chargebacks, why didnt you email Marty and ask him, he has online casinos and probaly could answer better than anyone on this site can.................why put all that out there in the public domain.

your a decent guy judging from your posts, but that thread made me wonder.....................