Call it a hostages for arms deal. We will have to see how this goes.
Basically we have rounded up those not payed some cases dating back to last year and negotiated a settlement that included a rating change.
The book has begun making wire transfers and we will see if this works. It's a test. If it works other F rated books will be offered SBR amnesty if they clear up all payment issues no matter how far back they stretch.
Basically we have rounded up those not payed some cases dating back to last year and negotiated a settlement that included a rating change.
The book has begun making wire transfers and we will see if this works. It's a test. If it works other F rated books will be offered SBR amnesty if they clear up all payment issues no matter how far back they stretch.
Bigboy & General,
You know I don't duck around here but they are in the middle of a payment plan and players are getting paid. I don't want to mess that up. Some of these players waited for 11 months to get paid and never in their wildest dream thought they would see a penny. I need to keep my big mouth shut on this one for now.
I'll have plenty to say on this if everyones word is not kept.
You know I don't duck around here but they are in the middle of a payment plan and players are getting paid. I don't want to mess that up. Some of these players waited for 11 months to get paid and never in their wildest dream thought they would see a penny. I need to keep my big mouth shut on this one for now.
I'll have plenty to say on this if everyones word is not kept.
"you could" no "he is"
they get the rating increase BEFORE they payoff
(in full?) players they have BEATEN OUT of their money in the past? hey im always glad to see someone get their money due them but i don't see how getting them paid justifies putting future players funds at risk by telling them its ok to play there. SBR cant win in this scenario in my useless opinion.
they get the rating increase BEFORE they payoff
(in full?) players they have BEATEN OUT of their money in the past? hey im always glad to see someone get their money due them but i don't see how getting them paid justifies putting future players funds at risk by telling them its ok to play there. SBR cant win in this scenario in my useless opinion.
Buzzsaw,
Do what you need to do, but we know they are blatent stiffs/liars and your C rating may send others to this book. So, I wonder if new post-up dollars can help make payments to old debts and just create newer debts? Time will tell and I can respect your need to be secret.
Good luck
Do what you need to do, but we know they are blatent stiffs/liars and your C rating may send others to this book. So, I wonder if new post-up dollars can help make payments to old debts and just create newer debts? Time will tell and I can respect your need to be secret.
Good luck
I appreciate the work SBR does, but this does not seem like the right move under the circumstance. You are giving the book the opportunity to screw over future customers. I would suggest you simply remove the book from your list until all is resolved and paid in full. When everyone is paid, then you can consider an upgrade.
sfeiner
Your opinion is good, its a bit of an experiment.
General,
Yea, I know. Your part in the past history came up. I appreciate your history in this.
peteep,
That was my original plan. But it was a deal breaker.
If a new player joins because of the C rating and gets stiffed then nothing is accomplished. They realize if that happens they go back to an F. (that's your answer Dan)
I want to try to create a situation that stiffed players of the past and books serious about flying straight in the future can settle up.
Is this the answer? I have my doubts too but lets see.
Your opinion is good, its a bit of an experiment.
General,
Yea, I know. Your part in the past history came up. I appreciate your history in this.
peteep,
That was my original plan. But it was a deal breaker.
If a new player joins because of the C rating and gets stiffed then nothing is accomplished. They realize if that happens they go back to an F. (that's your answer Dan)
I want to try to create a situation that stiffed players of the past and books serious about flying straight in the future can settle up.
Is this the answer? I have my doubts too but lets see.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>
If a new player joins because of the C rating and gets stiffed then nothing is accomplished. They realize if that happens they go back to an F. (that's your answer Dan)
<HR></BLOCKQUOTE>
Nothing is accomplished ... except a new player getting the shaft on the back's of withdrawing players who know enough to get out ... kinda like the NAB thing.
I might be able to fathom a tentative upgrade to a D-, but a jump to a C puts them ahead of a bunch of other books which are light years better, including a bunch of the SportingBet books.
If a new player joins because of the C rating and gets stiffed then nothing is accomplished. They realize if that happens they go back to an F. (that's your answer Dan)
<HR></BLOCKQUOTE>
Nothing is accomplished ... except a new player getting the shaft on the back's of withdrawing players who know enough to get out ... kinda like the NAB thing.
I might be able to fathom a tentative upgrade to a D-, but a jump to a C puts them ahead of a bunch of other books which are light years better, including a bunch of the SportingBet books.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Halifax:
Can't say I agree with this move.<HR></BLOCKQUOTE>
i don't either halifax but, i can totaly understand why sbr did what they did because he wanted to get those players stiffed by them there money as far as the "c" rating goes it had to be part of the deal that was struck or else knowing buzzsaw he would have never done this.
Can't say I agree with this move.<HR></BLOCKQUOTE>
i don't either halifax but, i can totaly understand why sbr did what they did because he wanted to get those players stiffed by them there money as far as the "c" rating goes it had to be part of the deal that was struck or else knowing buzzsaw he would have never done this.
Yea, I can't say I don't blame you guys. I'd have the same opinion if I was looking in.
raiders - this is the first arms for hostages try.
It's time consuming and I doubt it will be repeated. Probably going to end up in the lesson learned file. I had hoped some kind of model for an amnesty program that could get some stiffed players paid would develop. I leveraged SBR to get them paid, which as many of you have hinted was short sighted. It looked good on paper.
But for now, SBR is going forward and keeping our word and SBR expects the book to do the same.
raiders - this is the first arms for hostages try.
It's time consuming and I doubt it will be repeated. Probably going to end up in the lesson learned file. I had hoped some kind of model for an amnesty program that could get some stiffed players paid would develop. I leveraged SBR to get them paid, which as many of you have hinted was short sighted. It looked good on paper.
But for now, SBR is going forward and keeping our word and SBR expects the book to do the same.
Let me play devil's advocate here for a second....
While Buzzsaw's solution is sub-optimal and in fact I thought it was horrible at first glance, it is not THAT bad in practice and it could work.
With books available at ratings higher than "C", how many new players will this book be able to signup? It would seem that being able to get the "stiffed" players paid would outweigh the potential cost of new player signups. No offense to Buzzsaw but really, how influential is his site in terms of attracting new players to a book especially a "C" book. I could see this trade working out.
Just a few suggestions/notes (btw, I've never been to SBR's site but I will tonight given the recent activity offshore)......
1)Buzzsaw, have you considered an S&P type announcement where you say the book is being considered for an "Upgrade" to say "C" and you remove the current rating?
2)Does your site allow the user to look at the "Ratings History" for a book?
I would think that the terrorists...I mean books...would find those suggestions sort of attractive and it would help you eliminate this conflict issue.
IMHO, I don't think I could have made the decision that you did. It reeks of a situation where the book, you, and the "stiffees" will get some benefit at the expense of new post-up players who may not know the risk they face with the book. Agreeing to a "C" puts your ratings integrity at risk.
While Buzzsaw's solution is sub-optimal and in fact I thought it was horrible at first glance, it is not THAT bad in practice and it could work.
With books available at ratings higher than "C", how many new players will this book be able to signup? It would seem that being able to get the "stiffed" players paid would outweigh the potential cost of new player signups. No offense to Buzzsaw but really, how influential is his site in terms of attracting new players to a book especially a "C" book. I could see this trade working out.
Just a few suggestions/notes (btw, I've never been to SBR's site but I will tonight given the recent activity offshore)......
1)Buzzsaw, have you considered an S&P type announcement where you say the book is being considered for an "Upgrade" to say "C" and you remove the current rating?
2)Does your site allow the user to look at the "Ratings History" for a book?
I would think that the terrorists...I mean books...would find those suggestions sort of attractive and it would help you eliminate this conflict issue.
IMHO, I don't think I could have made the decision that you did. It reeks of a situation where the book, you, and the "stiffees" will get some benefit at the expense of new post-up players who may not know the risk they face with the book. Agreeing to a "C" puts your ratings integrity at risk.
Usually I value any list for what its past success and accuracy is but since this new rating has been explained (which he didnt have to do) I'd say..
Books have bought their grade.
Its no longer going to be accurate if a book can decide that the bad press from SBR is motivation for paying heads.
Books have bought their grade.
Its no longer going to be accurate if a book can decide that the bad press from SBR is motivation for paying heads.
I don't know what has gotten into you Buzz, I just can not follow your train of thought. You do not manipulate your ratings based on a deal you have brokered!? You are exposing a lot of people to this who look to you and your site for an honest and objective appraisal? Once you compromise the integrity of the site you have nothing, surely that is more than getting a few people paid to you? Those ratings are not a bargaining chip Buzz, what are you thinking? I honestly do not follow what's going on with you of late. The only reason to throw a better grade at a book is to lure other sheep into their trap? First it was the denial you ever took a dollar at the site, then you admitted you sat on the Blue Marlin information though you knew the book was done, now you are saying grades can sometimes be part of a deal you have made privately? Grades not earned but you hope will encourage better behavior? Think this through Buzz, you have worked too hard to be making these shortsighted decisions like this IMO. I can't send anyone over to that place again knowing what I know now.
When your wealth is gone nothing is lost.
When your health is gone some is lost.
When your word is gone all is lost.
When your wealth is gone nothing is lost.
When your health is gone some is lost.
When your word is gone all is lost.
