Some of you may have read the article at 911 about this issue but there’s more to the story. Wanna do my best to describe it, if anything is unclear feel free to ask.
Ok, had a tad over 6 dimes at PanAm that I wanted out, primary reason for this was the insane low limits they had. I scalp and middle a lot and there’s no value in wagering at a place with Vanilla/Clone lines with $300 limits. And their offerings are simply too low, not many things to wager on there. So I asked for a full withdrawal.
When I didn’t get it right away as I was supposed to I emailed them and got a few excuses, last one was that the accounting department had went home for the day but would look at it first thing tomorrow morning. Next day I contacted them again to be told my withdrawal was handed over for Management Approval. Whatever, it just annoyed me it was taking this long. First thought was that they’d emptied their Neteller account again and was stalling payment. Anyways, thought I was on good terms with Management, have received a few emails in the past from them saying how they enjoyed my action etc. Well, as it turns out they all of a sudden have 6 people from my hometown working together and that goes against their bonus policy. Therefore they would deduct all bonuses EVER received and only payout what was left. On this particular deposit I had received a 20% special invite promotion. I will forward this email to Russ for verification. The invite basically stated what I have already mentioned, how they enjoyed and wanted my action back.
I AM IN NO WAY working with others, and frankly I don’t buy their story about 6 people from my town betting with them. I would like to see proof of this too. I would also like to involve Neteller as they could audit my account and confirm I’m not working with others nor do I have multiple accounts. It’s all lies! I have never worked with anyone nor have I ever had more than one account ANYWHERE.
PanAm accused me of the same thing months ago, double teaming them. Wasn’t true then and isn’t true now. At that time I talked to their Risk Manager who cleared me. And think about this, PanAm are now claiming they didn’t catch onto me before now. How does that fit in with what their Risk Manager told me months ago? I obviously had my account audited back then and they didn’t find anything and now they claim I’m the worlds greatest scammer and they just caught on to me??? And keep this in mind too, they emailed me wanting me back, again after having audited my account once before. It just doesn’t make any sense.
So after getting nowhere I get a tad over 3k sent to me, leaving me with 3k in my account. 1k is the bonus I received this time and 2k is from previous deposits dating back to September. The 1k bonus I received this time had a 5x wrs on it, at the time of my withdrawal I had wagered 10x. Think whatever you want of bonuses but after one has completed the terms and conditions set for any promotion the credits or whatever is no longer theirs, it belongs to you. And certainly they can’t change their mind on credits awarded all the way back to September and in essence steal 2k from my last deposit!
Everyone I have contacted about this issue has been fed nothing but lies from PanAm. However, PanAm’s version of me seems to be changing all the time, I went from double teaming them to being a mover for a European Syndicate to running accounts with my imaginary buddies betting opposite sides. Ok, taking the last accusation. Say I was indeed running some kind of bonus scam with my imaginary buddies, and I’m not, but if I was would I wager 60k per account when wrs were 30k? Their juice is -107 at best, mostly -110. For simplicity let’s say -108 on average giving them a 3.7% hold, likely to be more. With 60k in action that would give them a 2220 profit on my account and each of the phony accounts giving me and my imaginary friends a loss of around 1220 each (assuming 1k bonus on each). What’s the point in that?
Furthermore, they’re claiming that all the imaginary accounts withdrew the same day and are calling them and bombarding them with emails. I have no knowledge of that, and I doubt it’s true. I have never called them and never will unless it’s a three-way call or it’s being taped on my end. I’d even be surprised if 6 people from my town even knew of PanAm. However, if the statement is true why aren’t other people posting about problems or contacting the forum owners, mods etc? I am not running any more than one account and I am NOT double teaming them in any way whatsoever. And I have NEVER been accused of anything like this before.
PamAm chose to ignore me, which was a mistake as I have nothing to hide. Did they think they could walk away smiling when stiffing me for 3k? Again 2k from previous deposits already paid out and then 1k now after inviting me back.
Anyone going to their Superbowl Party? Have fun, seems like it’s on me.
(I have all emails and records of my bets there, I will supply any information to a trustworthy third party)
Ok, had a tad over 6 dimes at PanAm that I wanted out, primary reason for this was the insane low limits they had. I scalp and middle a lot and there’s no value in wagering at a place with Vanilla/Clone lines with $300 limits. And their offerings are simply too low, not many things to wager on there. So I asked for a full withdrawal.
When I didn’t get it right away as I was supposed to I emailed them and got a few excuses, last one was that the accounting department had went home for the day but would look at it first thing tomorrow morning. Next day I contacted them again to be told my withdrawal was handed over for Management Approval. Whatever, it just annoyed me it was taking this long. First thought was that they’d emptied their Neteller account again and was stalling payment. Anyways, thought I was on good terms with Management, have received a few emails in the past from them saying how they enjoyed my action etc. Well, as it turns out they all of a sudden have 6 people from my hometown working together and that goes against their bonus policy. Therefore they would deduct all bonuses EVER received and only payout what was left. On this particular deposit I had received a 20% special invite promotion. I will forward this email to Russ for verification. The invite basically stated what I have already mentioned, how they enjoyed and wanted my action back.
I AM IN NO WAY working with others, and frankly I don’t buy their story about 6 people from my town betting with them. I would like to see proof of this too. I would also like to involve Neteller as they could audit my account and confirm I’m not working with others nor do I have multiple accounts. It’s all lies! I have never worked with anyone nor have I ever had more than one account ANYWHERE.
PanAm accused me of the same thing months ago, double teaming them. Wasn’t true then and isn’t true now. At that time I talked to their Risk Manager who cleared me. And think about this, PanAm are now claiming they didn’t catch onto me before now. How does that fit in with what their Risk Manager told me months ago? I obviously had my account audited back then and they didn’t find anything and now they claim I’m the worlds greatest scammer and they just caught on to me??? And keep this in mind too, they emailed me wanting me back, again after having audited my account once before. It just doesn’t make any sense.
So after getting nowhere I get a tad over 3k sent to me, leaving me with 3k in my account. 1k is the bonus I received this time and 2k is from previous deposits dating back to September. The 1k bonus I received this time had a 5x wrs on it, at the time of my withdrawal I had wagered 10x. Think whatever you want of bonuses but after one has completed the terms and conditions set for any promotion the credits or whatever is no longer theirs, it belongs to you. And certainly they can’t change their mind on credits awarded all the way back to September and in essence steal 2k from my last deposit!
Everyone I have contacted about this issue has been fed nothing but lies from PanAm. However, PanAm’s version of me seems to be changing all the time, I went from double teaming them to being a mover for a European Syndicate to running accounts with my imaginary buddies betting opposite sides. Ok, taking the last accusation. Say I was indeed running some kind of bonus scam with my imaginary buddies, and I’m not, but if I was would I wager 60k per account when wrs were 30k? Their juice is -107 at best, mostly -110. For simplicity let’s say -108 on average giving them a 3.7% hold, likely to be more. With 60k in action that would give them a 2220 profit on my account and each of the phony accounts giving me and my imaginary friends a loss of around 1220 each (assuming 1k bonus on each). What’s the point in that?
Furthermore, they’re claiming that all the imaginary accounts withdrew the same day and are calling them and bombarding them with emails. I have no knowledge of that, and I doubt it’s true. I have never called them and never will unless it’s a three-way call or it’s being taped on my end. I’d even be surprised if 6 people from my town even knew of PanAm. However, if the statement is true why aren’t other people posting about problems or contacting the forum owners, mods etc? I am not running any more than one account and I am NOT double teaming them in any way whatsoever. And I have NEVER been accused of anything like this before.
PamAm chose to ignore me, which was a mistake as I have nothing to hide. Did they think they could walk away smiling when stiffing me for 3k? Again 2k from previous deposits already paid out and then 1k now after inviting me back.
Anyone going to their Superbowl Party? Have fun, seems like it’s on me.
(I have all emails and records of my bets there, I will supply any information to a trustworthy third party)
