betjam / thegreek leaving usa market - Page 2 - Sports Betting

The Nixon tapes will prove that we only became aware of this the day before.

For everyone involved this is a negative. It's literally trading two A+ books for one B+ book. We are trying to analyze what kind of deal it really is and if the moves are good, bad or indifferent for players.

I can honestly say right now that we have no idea if the players are safe or not with this deal. They are certainly not as safe as they were unless the Greek is somehow guaranteeing balances which so far I've seen no mention to that effect.

Bottomline is this deal came alive somewhat in the middle of some recent night. SBR is concerned and is trying hard to understand the deal, the move and if the players money is sufficient and safe. Give us until this time next week.

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07-24-2011 , 08:15 PM

#27

fizzwont

centurion

Join Date: Sep 2008 Posts: 109

Quote:

Originally Posted by GreenSmoke85

lol at bitcoins being "safe"

safe from government interference, safe from the Fed printing tons more of them, safe from paying huge fees to move your money, safe from your offshore book being morons and dealing with a govt-front payment processor.

But you are right, the value of bitcoins fluctuates and therefore it is not safe - so we might as well ignore it amirite. Nevermind it is a perfect solution to the offshore problem.

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07-24-2011 , 09:02 PM

#28

sideloaded

journeyman

Join Date: Jan 2011 Posts: 397

Quote:

Originally Posted by rsigley

same thing they did with BetED.

this is what SBR_John had to say about it:

omg I hope he's really just trolling. If he's is really that dumb I don't even.....

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07-24-2011 , 09:22 PM

#29

GreenSmoke85

Pooh-Bah

Join Date: Aug 2007 Posts: 4,427

Quote:

Originally Posted by fizzwont

stop being so intellectually dishonest.

I know you've read the inherent problems with bitcoins and their system in the BFI bitcoin thread (I know you have because you've spammed that thread incessantly with your pro-bitcoin stance).

fwiw:

I don't have a position in bitcoins or any reason to dislike a non centralized form of money. The monster thread in BFI should explain bitcoins to anyone interested in learing,instead of listening to fizzwonts bias position.

http://forumserver.twoplustwo.com/30...rency-1011408/

its a giant thread. so glgl

Quote

07-24-2011 , 09:27 PM

#30

GreenSmoke85

Pooh-Bah

Join Date: Aug 2007 Posts: 4,427

Its been said many times.

SBR is not loyal to the player, they be loyal to the all mighty dollar.

Quote

07-24-2011 , 10:43 PM

#31

aceken01

newbie

Join Date: Jul 2011 Posts: 18

Quote:

Originally Posted by GreenSmoke85

Its been said many times.

SBR is not loyal to the player, they be loyal to the all mighty dollar.

What other options are there besides SBR to check some kind of rating or security of a sportsbook?

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07-25-2011 , 09:22 AM

#32

crockpot

Pooh-Bah

Join Date: Jul 2003 Posts: 5,163

Quote:

Originally Posted by gmcarroll33

To add to today's shocking revelations..... according to Thremp, Crockpot has retired

it started as a year-long hiatus, but it's going to end as a retirement given the direction things are headed.

Quote

07-25-2011 , 11:47 AM

#33

TomG

Pooh-Bah

Join Date: Jun 2004 Posts: 4,294

Quote:

Originally Posted by crockpot

it started as a year-long hiatus, but it's going to end as a retirement given the direction things are headed.

so what is there to do in life after gambling?

Quote

07-25-2011 , 12:36 PM

#34

Redtuber

adept

Join Date: Nov 2010 Posts: 955

This is getting ridiculous.

As far as I know Betjm and Justbet were the only same day/next day withdrawals via WU/Moneygram for US players. The fees sucked, but if you needed liquid quickly it was rather convenient.

I'm guessing the DOJ combined with the high cost of getting deposits in is what precluded this. Anyone else notice the netspend card deposits were getting charged 3% for every transaction in the past month?

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07-25-2011 , 12:39 PM

#35

steelbase

journeyman

Join Date: Aug 2006 Posts: 290

Quote:

Originally Posted by TomG

so what is there to do in life after gambling?

Quote

07-25-2011 , 12:48 PM

#36

Rasputin420

banned

Join Date: Apr 2009 Posts: 1,431

Quote:

Originally Posted by TomG

so what is there to do in life after gambling?

I can see you guys as McDonalds managers, or even pooling your ressources together to buy a McDonalds franchise and continue to MAKE MANEY.

Last edited by Rasputin420; 07-25-2011 at 12:49 PM. Reason: IN B4 PICS OF RSIGLEY IN MCD OUTFIT

Quote

07-25-2011 , 01:12 PM

#37

MyTurn2Raise

Drug Free MVP

Join Date: Jun 2005 Posts: 40,622

Quote:

Originally Posted by steelbase

problem is that self-actualization, transcedence, and a few others are usually achieved through some sort of productive work

Quote

07-25-2011 , 01:20 PM

#38

gfxhjk

Carpal \'Tunnel

Join Date: Apr 2005 Posts: 10,757

opening one franchise is usually a bad idea. you need like 10 to make decent money. i tried to open 3 subways once and it was a semi disaster that i luckily unloaded on someone before the economy crashed

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07-25-2011 , 03:19 PM

#39

NajdorfDefense

Carpal \'Tunnel

Join Date: Feb 2003 Posts: 17,563

Quote:

Originally Posted by MyTurn2Raise

problem is that self-actualization, transcedence, and a few others are usually achieved through some sort of productive work

As if Maslow included transcendence. Pfffft.

Power
Hoes
Cash

Quote

07-25-2011 , 06:53 PM

#40

Redtuber

adept

Join Date: Nov 2010 Posts: 955

Has anyone tried to make a withdrawal yet?

Do we have to go through a whole new identity verification process?

My betjm account redirected me to heritage where I resigned up there and it had my remaining balance, etc. Just wondering if it's business as usual from here on out.

Quote

07-25-2011 , 07:32 PM

#41

calm

banned

Join Date: Jul 2006 Posts: 2,087

Anyone ask about BetJam loyalty points? I just recently cashed mine in, but could be a decent chunk of change locked up for some of you 2003 Kia ballas.

Quote

07-25-2011 , 10:29 PM

#42

gfxhjk

Carpal \'Tunnel

Join Date: Apr 2005 Posts: 10,757

rest in peace 2003 kia with 140k miles destroyed by a drunk while i was waiting to yield onto mt rose highway which insurance gave me 6k for lol

Quote

07-25-2011 , 10:52 PM

#43

Rasputin420

banned

Join Date: Apr 2009 Posts: 1,431

Quote:

Originally Posted by rsigley

rest in peace 2003 kia with 140k miles destroyed by a drunk while i was waiting to yield onto mt rose highway which insurance gave me 6k for lol

sounds like a sweet deal imo.

and wtf u talking about needing 10 franchises to make maney? I'm a simple man; would be happy with a 150K salary or a franchise netting me 250K+ a year.

Quote

07-25-2011 , 11:22 PM

#44

kdog

Pooh-Bah

Join Date: Sep 2002 Posts: 3,864

Quote:

Originally Posted by calm

Anyone ask about BetJam loyalty points? I just recently cashed mine in, but could be a decent chunk of change locked up for some of you 2003 Kia ballas.

Saw on another board where someone had asked. Forget them, they're gone.

Quote

07-26-2011 , 12:57 AM

#45

Redtuber

adept

Join Date: Nov 2010 Posts: 955

Just want to confirm Heritage casino rigged. No way I could lose to 60 blackjacks in a row.

Quote

07-26-2011 , 08:58 AM

#46

gfxhjk

Carpal \'Tunnel

Join Date: Apr 2005 Posts: 10,757

Quote:

Originally Posted by Rasputin420

sounds like a sweet deal imo.

and wtf u talking about needing 10 franchises to make maney? I'm a simple man; would be happy with a 150K salary or a franchise netting me 250K+ a year.

one franchise can't do that. overheads are ridiculous and you have to give so much money back to whatever franchise you have. rent, employees, insurance, food, taxes, kick back to subway (8% of sales + 3.5% of sales for advertising). that's a lot of $5 footlongs. mcdonalds kick back is more like 17.5% (12.5% for sales/advertising and 5% service fee).

plus to even do the buildout of the property is gonna run your 50k easily. one of my stores was doing 11k in sales a week but i was only profiting $700 because of obscene rent but if i didn't pay obscene rent i wouldn't have the traffic and wouldn't do that much in sales, etc.

Last edited by gfxhjk; 07-26-2011 at 09:03 AM.

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07-26-2011 , 04:52 PM

#47

NajdorfDefense

Carpal \'Tunnel

Join Date: Feb 2003 Posts: 17,563

6.5% Margin is pretty good for a lot of industries.

Quote

07-26-2011 , 05:00 PM

#48

gfxhjk

Carpal \'Tunnel

Join Date: Apr 2005 Posts: 10,757

oh yes but the amount of work i was putting in the hourly rate was bad. just was pointing out not gonna make 150-250k off of one store and retire. if you get a bunch + hire a manager to manage all of them then you take a lot of the work off of your back + can get discount by food in bulk

but add in that you might have to provide health care to your employees starting in 2014 and it could be a huge disaster. i'm sure it's profitable but i think just owning one store won't have you set for life + it's not passive income and i can earn more doing other things per hour

Quote

07-27-2011 , 02:13 AM

#49

GreenSmoke85

Pooh-Bah

Join Date: Aug 2007 Posts: 4,427

majority of the time, franchise= buying meh full time job.

i owned a pizza place, worst idea ever.

Quote

07-29-2011 , 10:41 AM

#50

gfxhjk

Carpal \'Tunnel

Join Date: Apr 2005 Posts: 10,757

get my heritage withdrawal today through wire. they paid all the fees which was awesome

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