Tow Article About Mansion.

[Santo]

Perhaps you should be asking TOW what new information led to a ranking upgrade?

 

[redpimp]

If you're going to post an article from 10/04 that obviously has been proven inaccurate since its printing
sb

See thats the proof i am looking for. I wish you could post that proof for every one to read. And then explain to us why after saying that this guy is a charlattan and not to be trusted why we should lend credence to his high ranking of mansion while ignoring the previous story!!!!

Please post the update because i stated from the get go, that this was an old article but it contained irrefutable facts speaking volumes about the kind of operation mansion is and might turn out to be....

I am yet to see one credible source even bothering to dispute the fact that the some of the same people currently working for mansion used to work at
the now defunct CANBET.... (Wasnt this the same scenario at another book reportedly owned by a guy who picked up millions and scammed many is currently operating another book mirred in scam reports as we speak?)


But please post the update i would like to see it..Caution is my ultimate warning and i would just like to see some facts thats all.

 

[redpimp]

You might want to get "Hooked on Phonics". I posted a detailed first hand post for you detailing my own personal experience there.

I think you should take your own advice and try that phonics course. That post is devoid of any factual data that could speak to the claims made in the article from tow or any other information that would show that you had first hand information of what you are talking about (Unless you think posting that "mansion is amazing" is indeed a fact).

Like many other now defunct books, just having membership does not gurantee any one that you or any other members have any information as to its inner workings!

 

[PalePurple]

Does Mansion take horse bets?

 

[ClipJoint]

I think you should take your own advice and try that phonics course. That post is devoid of any factual data that could speak to the claims made in the article from tow or any other information that would show that you had first hand information of what you are talking about (Unless you think posting that "mansion is amazing" is indeed a fact).

Like many other now defunct books, just having membership does not gurantee any one that you or any other members have any information as to its inner workings!

I see the Hooked on Phonics first lesson has yet to arrive...but I'll repost for you:

http://forum.therx.com/showthread.php?t=291612

I have no problem giving my endorsement and reasons:

#1- The owner is listed in Forbes as a billionaire so financial stability is not an issue.

#2- They have the best lines a majority of the time in baseball compared to ALL of the top books online when using their regular book and exchange.

#3- They have free withdrawals.

#4- They have great customer service.

For me, financial stability and the best lines are the main reason for choosing a book. This is the best book online for both. Could they shut the door tomorrow and stiff...sure, just like every other book online. But these guys seem to have a plan and it is working to perfection. The owner is well documented and I can't see him stiffing. The only thing that would make sense is if he decided this wasn't going to be profitable, he pays everyone and then walks off to his other multi million dollar companies.

But I think he attacked this market perfectly. He planned to lose big the first year or two and is giving away a ton of money to get people in the door...they don't even charge for the exchange. This place has been a gold mine. I hit them for a high 5 figure amount early on and cashed out quick to make sure I didn't get burned. I have since hit them for quite a bit more and feel very comfortable with large balances there. I have always been paid like clockwork.

Why aren't the "watchdog sites" singing their praises...that is pretty simple. Mansion doesn't spend their ad dollars to be promoted on forums and touted by watchdog sites. You think they couldn't have an "A" or "B+" rating at SBR if they just wanted to shell out a few bucks?

They took a stand here when they were lied about and blasted and it has not hurt them one bit. They seem to understand that word of mouth is the best form of advertisement.
:toast:<!-- / message -->

 

[TOW]

Mansion is a unique case in the recent history of this industry.

I don't have recollection of another startup with a nut of 60 mil, nor any other startup has ever aggressively attacked on two market leaders at the same time: Pinnacle on the reduced juice model and Betfair on the p2p exchance market.

The element that recently induced me to upgrade Mansion is related to the information I have gathered concerning their determination to go public in the future.

This means that whomever the owner is (Putera Sampoerna is yet to disclose himself) is available to bear the losses until the float.

Some of you may recall that the first managing director of Mansion "resigned" in February last year.

Further to that event the book became a bit more wary on the risk management side by profiling their customers, reducing limits to some of them (although even reduced limits can be easily considered generous) and began offering sharper numbers.

I still believe that Mansion's model is not a winning one at this time yet, from and investors perspective, it would only make sense to complete the initial phase of the project, go public, recover the losses and may pull out.

Their numbers will be made public as they will approach the float. That will be a very interesting benchmark to help better understand the profitability (or lack thereof) of this venture.

p.s. I recall the same forum hype when Betpanam went live. Unfortunately in that case the owner's name was not Sampoerna, the nut was less than a million and they had no plan other than make 3 million in 6 months.....

 

[winbet]

As I have said previously, Betdaq are losing £2 million a year in a attempt to keep up with Betfair, Mansion must be at least on par with that. So the question one should ask themselves is, how long can it go on for, and how safe is your money. For Betdaq the answer is, for the foreseeable future and Dermot Desmond has far too much face to lose by knocking punters, not to mention the bond he has left with a leading bank if the worst happens. Are Mansions backers in a simular position, have they set aside an amount to cover losses, now their letting you post 50 Grand, and you are getting posters falling on their knees praising all this. No wonder there is so many Touts and con-men around, there is that many dopes.

 

[sportsbet]

I don't have recollection of another startup with a nut of 60 mil, nor any other startup has ever aggressively attacked on two market leaders at the same time: Pinnacle on the reduced juice model and Betfair on the p2p exchance market.

The element that recently induced me to upgrade Mansion is related to the information I have gathered concerning their determination to go public in the future.

This means that whomever the owner is (Putera Sampoerna is yet to disclose himself) is available to bear the losses until the float.

There he is... Thanks Robo for clarifying this.

sb

 

[sportsbet]

As I have said previously, Betdaq are losing £2 million a year in a attempt to keep up with Betfair, Mansion must be at least on par with that. So the question one should ask themselves is, how long can it go on for, and how safe is your money. For Betdaq the answer is, for the foreseeable future and Dermot Desmond has far too much face to lose by knocking punters, not to mention the bond he has left with a leading bank if the worst happens. Are Mansions backers in a simular position, have they set aside an amount to cover losses, now their letting you post 50 Grand, and you are getting posters falling on their knees praising all this. No wonder there is so many Touts and con-men around, there is that many dopes.

Never put yourself in a hostage situation....diversify!

sb

 

[acw]

I am not transfering money to mansion or any other book for that matter because i am happy with my current books.

Which books?

 

[redpimp]

Finally we are getting some sensible facts out of that fracas from those vultures and dopey forum addicts.


Firstly the guy reputed to be the owner, is yet to declare this, and so far i am yet to see any one state the level of his liability in this operation. Which ever light one might choose to cast this guy in, his involvement in this operation is relatively still unknown so for me, that is not at all a selling poing. Infact that guy being the billionaire he is would probably tell you that he wouldnt risk a single dollar in a business similar facts were not concrete. If he is behind Mansion he should stand up and declare it. (TOW allured to something similar in his post.)

Secondly, the management of this book already has a history of one failed book. I dont know if there are directly or partially to blame (if at all) for the failure of that book. Again, i am not willing to invest any kind of money with an organization that has such a history... (Let others do so if they wish its a free world)


Thirdly about customer service. I have tried to look for a phone number for this book and cant find one. I am speculating that customer service would then be through email or dialing the listed international number in gibraltor.
I happen to be an individual who will never ever join a book that uses email as its primary source of customer service. Matter of fact, to me a book like that has no customer service. I have never ever called a book to get an answer that i could have got via email. Meaning that every call i make to any of my books is critical and can indeed cost me money being that i follow some basic flat betting rules. If email correspondence qualifies as customer service to you well then more power to you and all those who prefer it. I dont!!! (This is actually a telling fact about a book that doesnt have phone reps to even cover a gambling market as vast as the USA. Could it be that they dont have the funds to back such an addition? I dont know but to me it makes no business sense turning off so many casual bettors who like me, want to pick up a phone and be able to speak to a human being on the other end of the line.

And from the post of TOW, i read where the book has apparently started profiling its members and providing sharper numbers. This leads me to strongly believe that come football time when the real betting season begins (baseball betting is peanuts compared to football and i dont personally care for baseball so low lines on that angle are totally irrelevant to me) Then we shall see exactly where those lines stand and if they will hold up to the litmus test!

Most importantly he states that this book is yet to "float" and we still dont know if they are bringing in any profits as of yet or just eating up their startout capitol. And his post seemed to be leaning over to the "wait and see"
attitude. Which is pretty much what i have been advocating for.

I dont see any single reason here why i should deposit any money in this book. I will wait until next year and if they are still open and operating under the same model then i may give them a try (assuming that my bank roll will grow between now and then)

For now this still looks to me like an Enron waiting to happen.

BTW, mansion website is down and i type this

 

[acw]

As I have said previously, Betdaq are losing £2 million a year in a attempt to keep up with Betfair, Mansion must be at least on par with that.

I think them not being able to compete with BetFair (at least in my case) may very well have something to do with them not being as user friendly as BetFair and then I think BetFair could do still a lot on that!

 

[miked429]

i repeat what is the point :monsters-

 

[redpimp]

i repeat what is the point :monsters-

And i will tell you again, dont worry your pretty little head about these issues.
Let the adults talk, you go back to doing whatever you do:hihi

 

[miked429]

red,im back from dinner with your mom :hump: and i got a few minutes before i meet your girl:hump: please finish your "mansion is a enron in waiting" discussion now.

 

[redpimp]

red,im back from dinner with your mom :hump: and i got a few minutes before i meet your girl:hump: please finish your "mansion is a enron in waiting" discussion now.

Very funny man...Its obvious to see you are suffering from abandoment issues. You must have probably been abused as a child and have a deep hate for women and especially your mother. She most probably breast fed you for too short a time and weaned you off her to early!!! I am guessing you must have suffered from early child hood abuse from a father figure or older male in your house hold so that now you actually find it arousing when some one abuses you or insults you.

you situation is rather perturbing, spending time browsing the internet, desperately seeking attention, poking your little nose in other peoples conversations even if they have made it plainly obvious to you they dont want to talk to you. I am guessing that right now you are impatiently awaiting some rude form of a response from me for your perverse satisfaction.


But sorry i wont play that game...Seek mental help....Let those of us who have issues to discuss do our thing...

 

[WildBill]

I have had some good conversations with people involved with or close to Mansion, but mostly "off the record". I get the sense the owner is who everyone has speculated it is, but due to his Indonesian background (world's largest Muslim country) and his other business interests, he just won't make that declaration for business reasons.

 

[Doug]

See thats the proof i am looking for. I wish you could post that proof for every one to read. And then explain to us why after saying that this guy is a charlattan and not to be trusted why we should lend credence to his high ranking of mansion while ignoring the previous story!!!!

Please post the update because i stated from the get go, that this was an old article but it contained irrefutable facts speaking volumes about the kind of operation mansion is and might turn out to be....

I am yet to see one credible source even bothering to dispute the fact that the some of the same people currently working for mansion used to work at
the now defunct CANBET.... (Wasnt this the same scenario at another book reportedly owned by a guy who picked up millions and scammed many is currently operating another book mirred in scam reports as we speak?)




"the now defunct CANBET" When did that happen ?

 

[Stickie]

Red Chimp, you say you won't post up with a book that's primary source of communication is email. Have you heard of Pinny? Industry leader. They use email as their primary source for external dialogue.

 

[casinghand]

I'm not nieve enough to say that there is no way that this book will fail, but you cannot say it is a failed business model. High volume, low vig has been very successful for Pinnacle.