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

Search
TheGeneral+

TheGeneral+

Another Day, Another Dollar
Joined
Mar 1, 2002
Messages
42,730
Reaction score
0
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.....................<!-- / message -->


I'll play for just a bit. I posted up with cash at Mansion. I wanted to know how chargebacks work so I asked the question. I think I am a decent guy. If you feel different, I am sorry. My day has changed none.

Good luck
 

JohnBuzz

New member
Joined
Feb 5, 2005
Messages
254
Reaction score
0
Pat’s posting persona ran on a platform of “I am more righteous than thou”. I think most posters are doing a good job avoiding the lad. I’m trying.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p>
<o:p></o:p>

Many of us, both old and new posters, have traded each others best shots over things much more trivial than Pat’s claim to fame. To slightly exaggerate the point, how would we handle Mark Dell or NAB Bill, how would we handle stiffs triumphantly returning as stand-up regular posters again?<o:p></o:p>



 

THE SHRINK

ODU GURU
Joined
Feb 26, 1999
Messages
20,881
Reaction score
3
Patrick and others who want more information about Mansion,

I thought I had summed it up thoroughly with my last post, but let me try to do it one last time...

Someone in a very high position from MANSION SPORTS BOOK did indeed call me when they read that I agreed with Roberto's post stating they had lost 20 million dollars.

MANSION was "upset" because I concurred with Roberto and they wanted to CLARIFY the difference between their "gambling losses" and "their nut."

The meaning of GAMBLING losses should be clear to everyone, but "THE NUT" was defined to me to mean the sum of start up costs, advertising expenses (and in their case it is larger than most) payroll, the cost of a building to operate out of, legal fees, accounting fees, gambling losses, and everything else involved in running a sports book from the start...

I then posted MY RETRACTION to Mansion because after listening very carefully to their explanation and DRILLING them as I had done SO MANY TIMES before with other sports books, I believed that their gambling losses were significantly less than "THEIR NUT."

Furthermore, I believe that MANSION'S NET WORTH is much, much more than your average sports book, and to continue on excessively about this other issue isn't fair to do to them.

I accept full responsibility for jumping the gun and I sincerely apologize to posters and to Mansion for the way I handled this matter...

THE SHRINK
 
Last edited:

nimue77

New member
Joined
Feb 1, 2005
Messages
7,373
Reaction score
0
What is a chargeback?
 

THE SHRINK

ODU GURU
Joined
Feb 26, 1999
Messages
20,881
Reaction score
3
A chargeback is the result when a merchant's credit card customer successfully disputes a transaction on their bill. Disputes typically arise from the customers dissatisfaction with the merchandise or services received.

In offshore gambling, it usually means a player "stiffs" a sports book when doing this and doesn't honor his or her losses ...

THE SHRINK
 

assassin

It's like sum fucking Beckett play that we're rehe
Joined
Jul 20, 2002
Messages
2,917
Reaction score
0
Thanks for the clarification Ken.

I gotta get me one of those jobs, spend $19 million to lose $1 million.

GL to anyone using the book.
 
DarrylParsons

DarrylParsons

New member
Joined
Sep 20, 2004
Messages
5,412
Reaction score
0
I think one of the most disgusting traits a human being can exhibit is kicking someone when he's apologizing for a mistake.
 
dimeplayersonly

dimeplayersonly

New member
Joined
Jan 21, 2002
Messages
3,949
Reaction score
3
I strongly recommend playing with MANSION SPORTS BOOK if you liked REDUCED JUICE, POLITE CUSTOMER SERVICE, LIGHTNING FAST PAYOUTS & REFRESHING LINES (not cloning)....

THE SHRINK



with all due respect.........ANYBODY that follows SHRINK'S advice on sportsbooks is a F**KING IDIOT.............

i am not saying Mansion sports book isnt solid...

but then again "refreshing lines" = soft lines which = busted sports books.....

at least if Mansion sportsbook does go busted..........SHRINK can just copy and paste his "PANAM" posts...he just has to change the name of the book..........
 

DickyW

New member
Joined
Sep 21, 2004
Messages
3,128
Reaction score
0
With all due respect "Refreshing" lines and reduced vig go together like gasoline and fire. Good luck to all parties involved


Peace Out
 
Number13

Number13

New member
Joined
Dec 12, 2004
Messages
253
Reaction score
0
McIrish was set up to take a fall by certain people who wanted to see him silenced.
 

InsideThePylons

New member
Joined
Sep 21, 2004
Messages
406
Reaction score
0
Anybody who understands sports wagering with a IQ above 15 can make the 99% correct assumption that Mansion has lost way more than $1 million.

The only way to justify that claim is to say that the owner lost the other $19 million to the book so the book is only down $1 million.
 
JudgeWapner

JudgeWapner

Member
Joined
Jan 20, 2002
Messages
39,612
Reaction score
10
Is Mansion hiring? With that kind of overhead they must pay very well.
 

moseyesly

New member
Joined
Sep 21, 2004
Messages
244
Reaction score
0
Not at all looking to bash The Shrink, but what P. McIrish posted was 100% valid. Excellent, relevant questions. Whatever history he has here, I don't know. Appreciate The Shrink's response, it's great having all you watch dogs looking out for the player. All the best---
 

formerly-known-as

New member
Joined
Sep 21, 2004
Messages
278
Reaction score
0
The General said:
I'll play for just a bit. I posted up with cash at Mansion. I wanted to know how chargebacks work so I asked the question. I think I am a decent guy. If you feel different, I am sorry. My day has changed none.

Good luck

there aint much to change ;)
 
TheGeneral+

TheGeneral+

Another Day, Another Dollar
Joined
Mar 1, 2002
Messages
42,730
Reaction score
0
No Sir, I try and be consistent. It's not a perfected forum criteria scenerio, but we do try.

Think Scott Riggs can win this thing?
 

PatrickMcIrish

SportsOptions/Line up with the pros
Joined
Jul 20, 2000
Messages
13,227
Reaction score
1
For the record I'm not interested in personal attacks, I'll leave that for those on the rail. I understand the logic in repeatedly bringing it up though, there's an old saying no one likes to call someone a drunk more than a true alcoholic. If I ask a question that is unpopular I expect it to come, just don't ask me to get involved in it any longer, thankfully I'm not in the business so my reputation in the forums is not a concern of mine.


Anyway back to the topic. The reason I asked for more info about why Ken later did more research is because the timetable stood out to me. His explanation makes sense but the point I was trying to get at is what if this was not an advertiser we were talking about? I asked did he take an ass chewing because that seemed the most logical to me, why would you spread the misinformation about a book paying us Ken!!? It's clear something came up which prompted him to take a closer look, I believe the explanation he provided. But what if the book was not a paying advertiser? Would the same amount of diligence been done to get it right after that sort of stuff was posted? In another words what if Ken and Roberto had gotten information that 5 Dimes (just a random example) had lost 20 million dollars, if Tony called up and said that was incorrect would the same effort been made to get it right? Would the Rx take his word that the rumors were not correct just like that? Anytime big loss figures like that are posted and then retracted it makes a lot of players feel uneasy, I promise you that.

Anyway I do appreciate the response, make no mistake I like Mansion and play there right now. They have paid on the dime every time I was lucky enough to ask for one. It's just when it comes to information released to suckers like myself I don't have many other means then forums like this to make decisions. When not one, but two sites come out with a strong statement on a book then admit they were off by $19,000,000.00 million dollars it is a little alarming to me. Like I asked above, what if the book was not chummy with the RX which had to absorb that blow out here in the forums? Or even worse what if Roberto and Ken had given 19 million dollars of too much credit to a book that advertised here? Maybe the book doesn't speak up about the error in that case and we never hear differently. Just saying, you need to be careful and have your ducks in a row when you come out with a strong statement of losses like this. In the real world people would have gotten sued for this. I like the RX, even with the personal shots I take I understand completely, I post here because I think it's ran clearly the best of the lot right now. But when the main man makes a post like this and days later admits a "mistake" that big then I don't think it's out of line to wonder how it all came about. I wasn't trying to be a hardass, I think a few inquiries were to be expected. Thanks again for the replies.
 

formerly-known-as

New member
Joined
Sep 21, 2004
Messages
278
Reaction score
0
MCstiff

your a moron, plain and simple, a hammer protruding from your skull is what you need and should have got.

if i loaned you my car and come back to collect it and the car is wrecked and YOU the person who borrowed it hands me the keys and a peice of paper, the keys are for the car that i loaned to YOU and the paper has the info for the person who wrecked the car - not the person that i loaned it to and YOU tell me thats the guy I need to follow up with to make good on the damage to the car, i would lay you out right there and then and continue to until YOU follow up with the person who wrecked the car and got me the money to cover the damages.

PAY YOUR BILLS YOU STIFF

regardless of your point, coming from you, IT MEANS NOTHING
 
TTinCO

TTinCO

.
Joined
Sep 21, 2004
Messages
28,775
Reaction score
2
I don't buy it. Ken, why didn't you just say that they threatened to pull their advertising and threatened to sue you (rumor has it that there is a lawsuit headed Roberto's way).

Come one.....$1 mil in gambling losses and they are NINETEEN MILLION DOLLARS in the hole in overhead?????? That's the best story they can come up with?

I don't care if the owner has more money than God.....he's eventually going to pull the plug on this failed venture unless he can turn things around.

There are a lot of people beating this book like a red headed stepchild, and for some very hefty sums (which, in total-meet or exceed that $1 mil gambling losses total). Sure, maybe a few super sharp whales are the only ones beating them, but I highly doubt it.


This has Panam part 2 written all over it-and if it happens, everyone has to admit that the signs were ALL OVER THE PLACE. We tried, we failed, and we walked away from the debacle---just have many others have in the past.
 

kosar

New member
Joined
Nov 20, 1999
Messages
511
Reaction score
0
TTinCO said:
I don't buy it. Ken, why didn't you just say that they threatened to pull their advertising and threatened to sue you (rumor has it that there is a lawsuit headed Roberto's way).

Come one.....$1 mil in gambling losses and they are NINETEEN MILLION DOLLARS in the hole in overhead?????? That's the best story they can come up with?

I don't care if the owner has more money than God.....he's eventually going to pull the plug on this failed venture unless he can turn things around.

There are a lot of people beating this book like a red headed stepchild, and for some very hefty sums (which, in total-meet or exceed that $1 mil gambling losses total). Sure, maybe a few super sharp whales are the only ones beating them, but I highly doubt it.


This has Panam part 2 written all over it-and if it happens, everyone has to admit that the signs were ALL OVER THE PLACE. We tried, we failed, and we walked away from the debacle---just have many others have in the past.


Exactly. That about sums it up. 19 million in 'overhead'? Please.
 

nimue77

New member
Joined
Feb 1, 2005
Messages
7,373
Reaction score
0
TTinCO said:
I don't buy it. Ken, why didn't you just say that they threatened to pull their advertising and threatened to sue you (rumor has it that there is a lawsuit headed Roberto's way).

Come one.....$1 mil in gambling losses and they are NINETEEN MILLION DOLLARS in the hole in overhead?????? That's the best story they can come up with?

I don't care if the owner has more money than God.....he's eventually going to pull the plug on this failed venture unless he can turn things around.

There are a lot of people beating this book like a red headed stepchild, and for some very hefty sums (which, in total-meet or exceed that $1 mil gambling losses total). Sure, maybe a few super sharp whales are the only ones beating them, but I highly doubt it.


This has Panam part 2 written all over it-and if it happens, everyone has to admit that the signs were ALL OVER THE PLACE. We tried, we failed, and we walked away from the debacle---just have many others have in the past.

Panam was not basically owned by one man, who happens to be on the forbes 400.
 

Forum statistics

Threads
1,141,935
Messages
13,925,603
Members
104,829
Latest member
bronislaw
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com