BetCBS Situation..Has Anyone Withdrawn?

theswami · Jun 30, 2003

I've been reading the Areef and BetCBS thread and it seems that with the exception of 1 or 2 guys that support the book, everyone else backs the player. SO.....

For you folks with accounts and money at BetCBS, have you requested withdrawals due to the book's handling of the Areef situation?

SENDITIN · Jun 30, 2003

Swami,

I bet you they're all waiting to get their 5% posted this afternoon before they go

...and post back the next day under another name and IP address.

areeff · Jun 30, 2003

Judging by the fact that a few days ago there neteller account could not even payout a 2 dimes withdrawal because it was empty i would say this place has been bled for quite a bit. You should also ask those to post who have done b2b xfers to more solid books

kongen · Jun 30, 2003

Yup, withdrew it all last week.

Got around $100 coming my way there today, maybe I should donate it to Dell Dude and see if he can't make it to level 2

JimRoss · Jun 30, 2003

I'm leaving my money there. My personal experience with Casablanca has been too favorable for too many years to abandon now because of this isolated issue. I have never had any complaints with them, and have always been paid very promptly. Their 5 % back on wins and losses is one of the best incentives a book could offer.

I think Dave is in error by not paying this guy in full and parting company, and I'm afraid that Dave's personal issues with this guy may be over- riding good business judgment. I couldn't say it better than the Shrink did in his post to to Dave Johnson in a different thread. A mistake has been made---pay the guy and move on. None of us are exempt in life from making mistakes.

In all honesty, from what i see of "Areefs" dialogue and methods on these forums, he's not a guy I'd be anxious to become friends with either, but by trying to sort out who "deserves" to be paid and who shouldn't be paid may seem to Dave like a righteous thing to do, but it further intensifies a situation that was brought on by their own error. Arreef may represent "opportunity" waiting for a bad line to happen, but he didn't post the line, and he didn't have his bet cancelled in a timely fashion. Bet CBS was remiss in letting this mistake slip through, even on a very secondary sport like this tennis event, taking place when much of the western world was fast asleep.

Do I think CBS will ever put themselves in a situation like this again?? HIGHLY DOUBTFUL after this happened!! Do I think CBS has the werewithall to ride this one out? I think so. In fact some strange logic tells me that they may be strong enough to believe they can weather this bad publicity despite their decision. They just put in a brand new computer system which expanded their business opportunites to include horse racing, and I think they are committed to being around. I also think there are far more questionable books and casinos advertising and smoozing with the various forums every day than Casablanca whose had a good rep and business history for 6 or 7 years. In fact, I have never ever heard anyone document they were ever stiffed or beaten out of a dime by Casabalnca (ever) at any time prior to this situation.

I think the "shrinks" post to Dave Johnson was excellent and would still like to see a resolution with this issue.

paulajackson · Jun 30, 2003

Jim good luck, but please remember this stance, if you have a problem down the road. Don't think it can not happen to you. They are holding your money and when the time comes I don't think you will be as forgiving to Dave and Casa as you are now. The facts are the facts and this is the way they have chosen to do business. You would be in the same boat had you bet it and someone else from your same state had bet it too. Tread carefully with this book and rethink if you really want people that think this way controlling your money.