Can Securebuxx survive Majorbettings RUN ON THE BANK!?

[LouDiamond+]

Since Securbuxx can't afford to have their mouthpiece shut up, they've decided to bail out The Devil and Majorbetting today. With smart cards just a few weeks away....

Will Securebuxx survive the run on the bank at Majorbetting?

 

[bigbrother]

in light of current events, this seems like an excellent question and i dont think anyone has really seen it this morning. anyone have any insight here?

 

[jjgold]

Securebuxx was funded pretty well and making lots of cash when they were setting up dummy accounts with some posters from mw. No money was deposited by the players though, it was fake money, it was somewhat elaborate type scheme and I believe BETPCI caught them and did not play the players for "shady activity" One of the owners of the site was directly involved and then in turn blasted betpci when they caught him scamming. I cannot believe how they operate and yes securebuxx is probably done here.

 

[PariActionOffice]

What a joke!

You might remember when SecureBuxx had a run on their bank and paid EVERY SINGLE player and book within a day and still had more than ample cash flow....

 

[bigbrother]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Securebuxx was funded pretty well and making lots of cash when they were setting up dummy accounts with some posters from mw. No money was deposited by the players though, it was fake money, it was somewhat elaborate type scheme and I believe BETPCI caught them and did not play the players for "shady activity" One of the owners of the site was directly involved and then in turn blasted betpci when they caught him scamming. I cannot believe how they operate and yes securebuxx is probably done here. <HR></BLOCKQUOTE>

is there any proof of this or is it all hearsay?

 

[lander]

Pariaction,
Why did you agree to work with a known slow-paying book in MajorBetting?

 

[bigbrother]

still waiting for an answer to my question and would like to see landers question answered as well.....

 

[bigbrother]

anybody???

 

[SteveMcCroskey]

A fellow employee where I work took over 3 weeks to get paid by securebuxx. It was piecemealed, and it was paid in full but I must say that is something you might expect from a sportsbook in trouble, not a place that has little overhead and is just making money for moving it. And if someone says they have high overhead, please tell me on what. No customer service and horrible website development with weak bandwidth. IMO these guys are either crooks or they got hit hard by the nab/sba collapse as they , from what I understand, float money to books.

 

[bigbrother]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>A fellow employee where I work took over 3 weeks to get paid by securebuxx. It was piecemealed, and it was paid in full but I must say that is something you might expect from a sportsbook in trouble, not a place that has little overhead and is just making money for moving it. And if someone says they have high overhead, please tell me on what. No customer service and horrible website development with weak bandwidth. IMO these guys are either crooks or they got hit hard by the nab/sba collapse as they , from what I understand, float money to books. <HR></BLOCKQUOTE>


more info coming out hmmmmm...

 

[skirmish]

Will SECUREBUXX have enough available funds to do this .

There were rumors of SECUREBUXX already slow paying people recently.

 

[bigbrother]

thats what makes this such a good question/ poll here skirmish i really wish more people with insight would get in this thread with some answers instead of questions....

 

[jjgold]

securebuxx is not a place you would want to be at right now

 

[skirmish]

Ask yourselves this ?

How many SECUREBUXX checks will be rubber .

Could SECUREBUXX be finished after todays rush , have they not already been short of funds for weeks .

 

[marc]

I doubt majorbetting could take securebuxx down. But I wonder what would happen if another book like bowmans were to suddenly pull out. Correct me if I'm wrong, but didn't the Seurebuxx slow playing occur around the time that bowmans pulled out.

 

[neilm]

When Major Betting pays you by Securebuxx, send the money to another SB book. No need to worry about getting checks from Securebuxx if you are so concerned.

 

[PatrickMcIrish]

Good advice. If the concern here is actually worrying about your money than simply transfer money you recieve from Securebuxx into WWTS, CanBet, BetWorks etc.... No need to ask for a check from them and then worry if it is good. For what it's worth I have probably recieved 10 to 12 checks from them at one time or another and never had a problem.

 

[PariActionOffice]

We keep a VERY HEALTHY balance with securebuxx and most other reputable books do as well. They process for some of the largest CR and Australian books.

We have players that bet more on one game than the total liability at MB, so it defiantely a joke to think that MB could have ANY affect on SecureBuxx...

 

[Slash]

That's cool Pari! Can one bet 100 dimes on a MLB money line for example? (not that I would ever do so!)

 

[SumPoosie]

Lou Diamond,

Why do you always seem to have some sort of an agenda against Majors dealings with everything he does? Shrink get this loser out of here.