IN light of your failure to confirm the Panam $500k bond, it is only prudent to ask you to confirm the Bodog reserve account. The hyping similarities between Panam and bodog and their relationship to the Rx are cause for bettor concern.
On Dec. 3rd, 2003 You posted:
[q]Swiss Account...$7 plus Million and climbing, player balances $4.8 M as of today. They also have another $3 plus million in operating cash in other international accounts ($10.6 M in total cash as of last week) and have 0 debt and are very profitable.[/q]
Bodog posts on their website:
BoDog, takes pride in being federally licensed by the Costa Rican government, and confidently holds 100% of all deposits plus winnings for all players in a segregated reserve account with Europe's largest Private Bank in Zurich, Switzerland.
Bodog has also posted on stings site several months ago they were in the process of setting up a verifiable escrow account.
-I ask you, since you have taken to represent them on this forum, and post their infomercials on your home page, what is the status of the segregated account? Is there any oustside verification that it exists?
-Is there or isn't there an escrow account?
-Bodog is claiming handle equaling sportingbet 1 bil+ and better than twice Canbets 500mil+, both publicly traded and reporting companies. However, by their own admission bodog is doing it with just a fraction of the postup funds of sbt and canbet, who report customer postups at $10mil to $20mil, while Bodog reports postup funds of $4.8mil. Since bodog limits are much lower than the other 2 companies, isn't it fraudulent for them to be reporting such high handle without substantiation?
- This from their website:
BoDog Sportsbook & Casino (Est. 1995)
By my count they've been in business for 3 years. Does it concern you this book appears disengenuous about so many issues?
Your site has taken it upon themselves to champion bodog with a passion equaling that of Panam. I think its only fair to ask for some real facts.
Thanks in advance.
On Dec. 3rd, 2003 You posted:
[q]Swiss Account...$7 plus Million and climbing, player balances $4.8 M as of today. They also have another $3 plus million in operating cash in other international accounts ($10.6 M in total cash as of last week) and have 0 debt and are very profitable.[/q]
Bodog posts on their website:
BoDog, takes pride in being federally licensed by the Costa Rican government, and confidently holds 100% of all deposits plus winnings for all players in a segregated reserve account with Europe's largest Private Bank in Zurich, Switzerland.
Bodog has also posted on stings site several months ago they were in the process of setting up a verifiable escrow account.
-I ask you, since you have taken to represent them on this forum, and post their infomercials on your home page, what is the status of the segregated account? Is there any oustside verification that it exists?
-Is there or isn't there an escrow account?
-Bodog is claiming handle equaling sportingbet 1 bil+ and better than twice Canbets 500mil+, both publicly traded and reporting companies. However, by their own admission bodog is doing it with just a fraction of the postup funds of sbt and canbet, who report customer postups at $10mil to $20mil, while Bodog reports postup funds of $4.8mil. Since bodog limits are much lower than the other 2 companies, isn't it fraudulent for them to be reporting such high handle without substantiation?
- This from their website:
BoDog Sportsbook & Casino (Est. 1995)
By my count they've been in business for 3 years. Does it concern you this book appears disengenuous about so many issues?
Your site has taken it upon themselves to champion bodog with a passion equaling that of Panam. I think its only fair to ask for some real facts.
Thanks in advance.
