Please explain the scenario of books kiting checks and sending on banned names. Show your expertise!

[RunMaker]

Would like some feedback on this. Please don't name any books out of respect for the industry players (and possibly revenue providers). But this is something I never see even mentioned.

Let's start with kiting checks. If you believe it never happens, then please state your opinions and the reasons for such. However, the fact remains that books send out rubber checks all the time. This is fact. I've perused many different forums and you regularly see scenarios where players win some change, they request a check, and then they get sent on a wild goose chase.

Now, could this be legitimate? Sure, of course. But why not ask, "Is it possible that a book can purposely give out a rubber check knowing full well it will send the player on a wild goose chase, force the player to cough up fees, faxes, time, etc?" And all of this until the player gets exhausted and says 'Fuck it, just put the funds in the account' and blows the winnings overnight? This is a common experience.

Also, have heard scenarios where some players may be winning constantly or get on great runs and the book will rifle out a couple payments via Moolah Grand and Winning Onion, only to associate a payout with a dirty name... and thus getting that winner blacklisted. Of course, Winning Onion is almost a no-go zone right now, but have heard this for Moolah Grand.

 

[RunMaker]

US players put up with a lot of shit and the books that serve that them can get away with it, well, simply because they can. Would love some feedback.

And hopefully this thread doesn't erased. I don't think it goes against any rules.

 

[loomis41973]

I will say two things.

Check kiting is very illegal

Avoid offshores like the plague......better off not to play than wager with these scumbags.

 

[RunMaker]

Loomis, I know it's illegal but given the things I have heard, I would tend to believe it's a trick in any book's arsenal. Even a book that gets top billing.

And how can you argue against a book that does it? It's like the innocent slut defense, or these hoes at football parties who blow the whole offense, defense and special teams, and then claim they were assaulted.

And if you look at it from a business standpoint (for the book) maybe they cut 20 checks a month for 3K, and put 2 rubbers in the mix. You likely save 6 grand a month or 72 grand a year. And in Costa Rica maybe that pays the salaries of all your employees for the year.



(Now don't quote me on the numbers because I don't know their costs, how they do it, etc. I'm just throwing a situation out there. But I know there are several people here who work in the industry and if they can calibrate said numbers, that would be great.)

 

[loomis41973]

Why do they need tricks to slow pay? Vegas/bookies seems to do just fine without all the bullshit.

Do you trust someone who uses these tactics?

 

[Willie99]

I think you have to prove a check kiting allegation, especially since one can't prove a negative

how does one prove something doesn't happen?

 

[buddyboy]

check kiting is going on but it's not the books that are doing it, it is more likely the 3rd party processors that compete for the books business. They sell their services to the books, then when given tens of thousands of dollars on a weekly sometimes daily basis, it becomes too tempting for the processor to switch to the dark side of ponzi like actions and check kiting.

 

[jay6s]

check kiting is going on but it's not the books that are doing it, it is more likely the 3rd party processors that compete for the books business. They sell their services to the books, then when given tens of thousands of dollars on a weekly sometimes daily basis, it becomes too tempting for the processor to switch to the dark side of ponzi like actions and check kiting.

not the processor, its the books especially if you are on a roll, slow pay mode excuses so you say put it back...they know you will lose it all eventually

 

[pocketrockets]

not the processor, its the books especially if you are on a roll, slow pay mode excuses so you say put it back...they know you will lose it all eventually

not the big 3 books... if you are talking about sb.com or betus.com then yeah... i guess they do

 

[RunMaker]

Who are your big 3?

 

[pocketrockets]

Who are your big 3?

5Dimes/BookMaker/BetOnline

 

[RunMaker]

BetOnline?

I've heard a lot of non-positive things about BO. I thought Heritage was in top 3. Or do they do much less volume than BO?

 

[RunMaker]

Saw this somewhere else:


I received a call from BOOKBOOK today.They said they showed a check issued in 2014(around December 18/19)that was not cashed deposited.

I told customer service my situation...my bank would not honor Canadien check(or would charge about $180 & take about a month to get intomy account)Kind of disturbing especially cause I have about $240K In the account.

BOOKBOOK told me to ripcheck up and issue another one.I suggested this about 3 other times & they insisted I send check back(costing$150 ish & taking a minimum of a month)This is pretty funny cause i was arguing with them to do this for awhile & they said they couldn't do it.Now all of asudden noproblem.Strange. Hopefully everything works out now with new checks.We will see.



Let us wager on the side of "hmmm".

 

[shdw01]

RunMaker, can you explain to me exactly what a book will do to send the players on a wild goose chase? I haven't bet offshore in a little while and I need to freshen up on my policies.

 

[RunMaker]

Getting back to this thread:


Sometimes the payouts can be fairly quick and there are times when they have sent me phony checks that wasn't accepted. Then having to send it back and they issued me another one from a different bank institution.


Shdw, it's basically the above. Giving a customer a phony check, it doesn't fly, then you have to send it back/do tons of leg work/pay fees and then you start all over again.

I'd like to research this and gather from a myriad of sites.