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SBR Sponsor Bet Islands steals over a million dollars from players

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No chance in hell they ever took 200k in deposits in one week.

Yeah, I was dubious as well, I'll dig out the thread it was in, although it's not impossible. Let's say they knew they had a few weeks to get whatever they could we have no clue what crazy offers they were making and that's why I asked how many their sheet held in total. That would give you some indication.
 
I feel bad for the people who lost money in this mess but seriously, this man is still a Public Relations nightmare. This is an asshole response to something that best should have been ignored.

Tough crowd. Stick with the A or better yet the A+ group. If you don't want to play in the contests around here or roll in the SBR sportsbook then don't go Pro. Plenty others will and are doing so in large numbers. We made a mistake and have owned up to it, apologized for it and allowed every voice and shred of evidence to be posted and dissected. Just like you and everyone else we are human and we made a mistake, we will learn from it, make sure its never repeated and do our best to improve.
 
Yeah, I was dubious as well, I'll dig out the thread it was in, although it's not impossible. Let's say they knew they had a few weeks to get whatever they could we have no clue what crazy offers they were making and that's why I asked how many their sheet held in total. That would give you some indication.

Oh yea, i'm sure it's possible they had a 200k week at some point. I should have said their typical week would not be anywhere near that. Or else they could have easily survived.
 
Justin is being reported as saying this in another forum (no link):

Re: BetIslands. "That thread started November 6th. That was right about the time all the red flags started going up. I am trying to find out how much were made in deposits from that time until December 18th, 2012.

SBR is a news organization. If you withhold information, you must "do no harm". There are situations where withholding the news of BetIslands collapse may be reasonable if it was properly executed, and Betislands properly overseen from that point on. I don't think this happened. I am trying to get BI's deposit info during that time period. It is my hope that if SBR didn't properly handle things from that point, they will make it right with those players that deposited afterwards."

And Re. Censorship:

"No, I don't feel the same way. SBR has been much more aggressive in censoring/banning those with dissenting opinions, including myself.

SBR has the potential to do much good, and are still a player's best chance. I'm not sure I like the direction they are headed though, and I am ready to do other things with my time... More time on sports betting and other activities. "


Link to those (alleged) quotes (118): http://forum.sbrforum.com/sportsbooks-industry/2081342-justin-how-do-you-stay-sbr-p4.html
 
Justin is being reported as saying this in another forum (no link):

Re: BetIslands. "That thread started November 6th. That was right about the time all the red flags started going up. I am trying to find out how much were made in deposits from that time until December 18th, 2012.

SBR is a news organization. If you withhold information, you must "do no harm". There are situations where withholding the news of BetIslands collapse may be reasonable if it was properly executed, and Betislands properly overseen from that point on. I don't think this happened. I am trying to get BI's deposit info during that time period. It is my hope that if SBR didn't properly handle things from that point, they will make it right with those players that deposited afterwards."

And Re. Censorship:

"No, I don't feel the same way. SBR has been much more aggressive in censoring/banning those with dissenting opinions, including myself.

SBR has the potential to do much good, and are still a player's best chance. I'm not sure I like the direction they are headed though, and I am ready to do other things with my time... More time on sports betting and other activities. "


Link to those (alleged) quotes (118): http://forum.sbrforum.com/sportsbooks-industry/2081342-justin-how-do-you-stay-sbr-p4.html

he said all that at roughing the punter (poster daringly). That forum is down at the moment. probably has more traffic to that thread than they normally get all year.

hi justin! why don't you contribute here since i know you are reading.