I know Bodog is a sponsor here, but...

[WVU]

Does anyone feel safe with money in there at this time?


The U.S. government recently seized $24 million from bank accounts linked to Bodog, the giant, illegal-under-U.S.-law Internet gaming operation founded by Canadian tycoon Calvin Ayre.
Federal filings make very clear that a serious criminal investigation of the Bodog enterprise is ongoing. At a minimum, word of the seizures is likely to rattle the confidence of U.S.-based online gamblers that they will receive their winnings, not only from Bodog but from the industry's other remaining participants.
Detailed in court filings in a Baltimore federal court, the Bodog-related seizures from such well-known institutions as Wachovia (nyse: WB - news - people ), Bank of America (nyse: BAC - news - people ), SunTrust Banks (nyse: STI - news - people ) and Regions Bank, a unit of Regions Financial (nyse: RF - news - people ), increase the possibility of criminal action against Ayre himself. There already has been published speculation in his native Canada that he is under secret indictment somewhere in the U.S.
The U.S. attorney's office in Baltimore, which launched the two lawsuits to take the $24 million, did not respond to a request for comment.

 

[THE SHRINK]

Re: I know Bodog is a sponsor here, but...

I am in the process of hearing their side to the story and then we will respond accordingly...

Of course, I would recommend extreme prudence at this time...

THE SHRINK

 

[pvcpipe]

Re: I know Bodog is a sponsor here, but...

i haven't felt safe there since they had a processor debacle that cost me a four month delay in getting my check.

 

[WVU]

Re: I know Bodog is a sponsor here, but...

I am in the process of hearing their side to the story and then we will respond accordingly...

Of course, I would recommend extreme prudence at this time...

THE SHRINK

Thanks Shrink let us know. I know many of us use them as an out because of the juicy lines they occasionally put out there.

 

[THE SHRINK]

Re: I know Bodog is a sponsor here, but...

What I find to be irresponsible is this sentence...

At a minimum, word of the seizures is likely to rattle the confidence of U.S.-based online gamblers that they will receive their winnings, not only from Bodog but from the industry's other remaining participants.

To infer that elite sports books such as WSEX, CRIS, THE GREEK, etc will not continue to have the confidence of the players on account of this incident is assanine and ludicrous...

 

[WVU]

Re: I know Bodog is a sponsor here, but...

I always considered bodog to be an elite book. They have been one of the biggest for a while now haven't they?

 

[ShavenCoinpurse]

Re: I know Bodog is a sponsor here, but...

hey shrink- serious question. I found EOG because I was screwed by Bet on Sports. But was BetonSports poorly rated on the forums when they got busted and closed shop? or were they considered solid? Thanks in advance.

 

[5teamparlay]

Re: I know Bodog is a sponsor here, but...

<TABLE cellSpacing=0 cellPadding=4 width="98%" border=0><TBODY><TR class=tabRowDark><TD>Date</TD><TD>Message</TD></TR><FORM action=/account/app/AcknowledgeMessages method=post><TR style="VERTICAL-ALIGN: top; LINE-HEIGHT: 10px"><TD>07/29/2008</TD><TD>Your Bodog Payout Request

RE: Payout Reference Number XXXXX

Thank you for your recent payout request dated Tue, Jul 29, 2008 for the amount of US$ XXXX.00.

Your payout has been processed for the approved amount of US$ XXXX.00. Please note that it may take an average of 40 business days before you receive your payment.

Sincerely,
bodoglife.com Payouts Team </TD></TR></FORM></TBODY></TABLE>
2348ji23e2348ji23e2348ji23e

I'll bump in 40 days when I fully expect to get paid.

I will make a phone call myself and post their statement here in regards to these matters.

 

[pioneer]

Re: I know Bodog is a sponsor here, but...

What I find to be irresponsible is this sentence...

At a minimum, word of the seizures is likely to rattle the confidence of U.S.-based online gamblers that they will receive their winnings, not only from Bodog but from the industry's other remaining participants.

To infer that elite sports books such as WSEX, CRIS, THE GREEK, etc will not continue to have the confidence of the players on account of this incident is assanine and ludicrous...

Glad to see that you haven't got any smarter since I've been gone. You may "infer" something from reading this article, whereas the article may "imply" something else. Both words are inappropriate in this case as the article flat out "says" that word of the seizures is likely to rattle the confidence of US based online gamblers that they will receive their winnings, not only from Bodog but also from the industry's other remaining participants. Not too surprising that someone who spells asinine like you do, would have trouble with the nuances of imply-infer!

Your lack of intelligence notwithstanding, when I saw this article I immediately thought about asking for your opinion. Perhaps before you decree that the possibility of US-based online gamblers losing confidence in the offshore gambling industry due to this development is both asinine and ludicrous, you might actually ask some US-based online gamblers. And since you always act like a petulant child and never do what you're told to do, I'll give you my answer anyway....THIS DEVELOPMENT SCARES THE HELL OUT OF ME, ie. my confidence in the offshore gambling industry is rattled!

Is BODOG just stupid or do all offshore sportsbooks/casinos keep money in US-based accounts?
At the very least I would like to hear from Scotty J at BetJm to reassure me that this could/would never happen there. Perhaps I'll email him and report back to the posters here since getting an intelligent answer from The Shrink is next to impossible.

 

[5teamparlay]

Re: I know Bodog is a sponsor here, but...

was BetonSports poorly rated on the forums when they got busted and closed shop? or were they considered solid? Thanks in advance.

They were publicly traded, so most all felt safe, and they were a heavy advertiser all over, TV, radio, and print.

 

[THE SHRINK]

Re: I know Bodog is a sponsor here, but...

pioneer,

Personal attacks not withstanding, I have a different opinion than you do...

This appears to have a lot to do with the IRS if you read the case below...

http://dockets.justia.com/docket/court-mddce/case_no-1:2008cv01954/case_id-160533/

Sportsbook.com and Full Tilt Poker were also using the same (Zip) processors and may be effected...

When I spoke with some of the higher ups at Bodog this morning, they assured me that all player accounts are safe and players will be paid, period...

If they were planning to "screw" account holders, they would never have gone through all the trouble they have in the past year to move, etc...

Bodog will be releasing an official statement later today and we will have it here for you..

Like always, time will tell...

THE SHRINK

 

[OMNIVOROUS FROG]

Re: I know Bodog is a sponsor here, but...

I have not had a money in Bodog for years. Calvin and his look at me attitude did not exactly help the business, to say the least. The only reason they nailed BOS and Kap in front of Calvin is they had been working on that case for years. Well, Calvin, the Forbes cover boy flaunting his success in the face of the US government leapfrogged Kaplan as government enemy #1. These two never heard of the concept, flying under the radar. Hey look, it's the BoDog blimp! Shoot it down. Next.

OF...op:

 

[TomBrady#1]

Re: I know Bodog is a sponsor here, but...

Glad to see that you haven't got any smarter since I've been gone. You may "infer" something from reading this article, whereas the article may "imply" something else. Both words are inappropriate in this case as the article flat out "says" that word of the seizures is likely to rattle the confidence of US based online gamblers that they will receive their winnings, not only from Bodog but also from the industry's other remaining participants. Not too surprising that someone who spells asinine like you do, would have trouble with the nuances of imply-infer!

Your lack of intelligence notwithstanding, when I saw this article I immediately thought about asking for your opinion. Perhaps before you decree that the possibility of US-based online gamblers losing confidence in the offshore gambling industry due to this development is both asinine and ludicrous, you might actually ask some US-based online gamblers. And since you always act like a petulant child and never do what you're told to do, I'll give you my answer anyway....THIS DEVELOPMENT SCARES THE HELL OUT OF ME, ie. my confidence in the offshore gambling industry is rattled!

Is BODOG just stupid or do all offshore sportsbooks/casinos keep money in US-based accounts?
At the very least I would like to hear from Scotty J at BetJm to reassure me that this could/would never happen there. Perhaps I'll email him and report back to the posters here since getting an intelligent answer from The Shrink is next to impossible.

It bothers me too. Shrink has a conflict of interest (no matter what is said otherwise)...but he also is smart and has contacts. Lets get the REAL ANSWERS here. If definitley effects the confidence but what is the REALITY of this?? Can they go after every books banks? What dos thios mean for the rest of us?

 

[TomBrady#1]

Re: I know Bodog is a sponsor here, but...

I have not had a money in Bodog for years. Calvin and his look at me attitude did not exactly help the business, to say the least. The only reason they nailed BOS and Kap in front of Calvin is they had been working on that case for years. Well, Calvin, the Forbes cover boy flaunting his success in the face of the US government leapfrogged Kaplan as government enemy #1. These two never heard of the concept, flying under the radar. Hey look, it's the BoDog blimp! Shoot it down. Next.

OF...op:

Right Froggie. This was predicted by many. What a dope that guy is. Still would like more info on what this means for us and other books?

 

[OMNIVOROUS FROG]

Re: I know Bodog is a sponsor here, but...

hey shrink- serious question. I found EOG because I was screwed by Bet on Sports. But was BetonSports poorly rated on the forums when they got busted and closed shop? or were they considered solid? Thanks in advance.

That is funny. No they were Platinum rated. The people who were paid by them swore up and down they were solid. Me, I swore up and down they were not. Previous mob/kink money funded them, then they go public and advertise everywhere but the DOJ's website? Offer bonuses that they could be completely raped on, and were? Again, just like Calvin, when you operate in a gray area, turn that high vis green limelight off.

OF...:smokesmal

 

[OMNIVOROUS FROG]

Re: I know Bodog is a sponsor here, but...

Right Froggie. This was predicted by many. What a dope that guy is. Still would like more info on what this means for us and other books?

It's a UIGEA hit. Payment processors trying to sneak by. There were a few posts about it months ago. The Utah deal? Not sure if you remember it or not, but a few posters got these checks, but the funds for them got grabbed, checks bounced, and new checks from a different processor were issued. This is follow the trail mop up. I would have a minimum or no balance in Bodog for now. Plenty of other advertisers just as good, if not better, and most likely not in the DOJ's gun sights. Not exactly new news, but the government following the trail of crumbs from the misadventure.

OF...op:

 

[TomBrady#1]

Re: I know Bodog is a sponsor here, but...

Glad to see that you haven't got any smarter since I've been gone. You may "infer" something from reading this article, whereas the article may "imply" something else. Both words are inappropriate in this case as the article flat out "says" that word of the seizures is likely to rattle the confidence of US based online gamblers that they will receive their winnings, not only from Bodog but also from the industry's other remaining participants. Not too surprising that someone who spells asinine like you do, would have trouble with the nuances of imply-infer!

Your lack of intelligence notwithstanding, when I saw this article I immediately thought about asking for your opinion. Perhaps before you decree that the possibility of US-based online gamblers losing confidence in the offshore gambling industry due to this development is both asinine and ludicrous, you might actually ask some US-based online gamblers. And since you always act like a petulant child and never do what you're told to do, I'll give you my answer anyway....THIS DEVELOPMENT SCARES THE HELL OUT OF ME, ie. my confidence in the offshore gambling industry is rattled!

Is BODOG just stupid or do all offshore sportsbooks/casinos keep money in US-based accounts?
At the very least I would like to hear from Scotty J at BetJm to reassure me that this could/would never happen there. .

or talk to some of the other big books for answers too??????? This would help. Pioneer has a few good points for sure.

 

[Bagiant]

Re: I know Bodog is a sponsor here, but...

How do you think you are going to get an honest answer? Didn't Lenny at Cascade give everyone a thumbs up when they asked him how things were? We all know what happened there.

But I'm not going to worry about things I can't control, especially when the NFL season is upon us. When I get stiffed on a payout, then I'll worry about it. I won't deal with Bodog any longer, but that's only because of the long wait for payouts. I'd rather just stick with Caribsports.com and their overnight payouts, and forget all about the Bodog "sucker"...errrr.....public lines that are sooooo juicy.

 

[TomBrady#1]

Re: I know Bodog is a sponsor here, but...

It's a UIGEA hit. Payment processors trying to sneak by. There were a few posts about it months ago. The Utah deal. Not sure if you remember it or not, but a few posters got these checks, but the funds for them got grabbed, checks bounced, and new checks from a different processor were issued. This is follow the trail mop up. I would have a minimum or no balance in Bodog for now. Plenty of other advertisers just as good, if not better, and most likely not in the DOJ's gun sights. Not exactly new news, but the government following the trail of crumbs from the misadventure.

OF...op:

I remember that Utah deal Froggie. You tend do think this is isolated? I am not in Bodog and would not because of the reasons you mentioned. Thanks.

 

[TomBrady#1]

Re: I know Bodog is a sponsor here, but...

How do you think you are going to get an honest answer? Didn't Lenny at Cascade give everyone a thumbs up when they asked him how things were? We all know what happened there.

But I'm not going to worry about things I can't control, especially when the NFL season is upon us. When I get stiffed on a payout, then I'll worry about it. I won't deal with Bodog any longer, but that's only because of the long wait for payouts. I'd rather just stick with Caribsports.com and their overnight payouts, and forget all about the Bodog "sucker"...errrr.....public lines that are sooooo juicy.

Good point Bagiant. Hard to get the real truth. I stick with the big boys and hope for the best.

 

[Pickandwin2]

Re: I know Bodog is a sponsor here, but...

I have not had a money in Bodog for years. Calvin and his look at me attitude did not exactly help the business, to say the least. The only reason they nailed BOS and Kap in front of Calvin is they had been working on that case for years. Well, Calvin, the Forbes cover boy flaunting his success in the face of the US government leapfrogged Kaplan as government enemy #1. These two never heard of the concept, flying under the radar. Hey look, it's the BoDog blimp! Shoot it down. Next.

OF...op:

I think you are 100% right on the money here. It's always the ones with the Big Mouths. Both Kaplan and Calvin have always been like...
LOOK AT ME ! Statements like "CATCH ME IF YOU CAN"

 

[texansfan]

Re: I know Bodog is a sponsor here, but...

I stopped using Bodog years ago. It was always frustrating for me because they always seemed to post their lines for football after everyone else did. I can remember on Saturday mornings waiting for the college lines to come out and it seemed as though they would wait until about an hour or less before kickoff to post them.

 

[raiders72001]

Re: I know Bodog is a sponsor here, but...

I brought up a couple of articles shedding a bad light on BoDog yesterday. On the other hand all the major sites endorse BoDog and one of those sites has them rated B. The others don't put up a rating. Waiting to hear Shrink's opinion as I'm personally not passing judgment one way or the other.

 

[OMNIVOROUS FROG]

Re: I know Bodog is a sponsor here, but...

Pretty much the new tactic is grab the money. That is all the neteller deal was. I think they got well over $100 mil off that, I think 126-130. And they did not even use the UIGEA, they used money laundering, which was so far out there I can't believe they got away with it. But when you abduct and hold ceo's for ransom, they will rollover every time, rather than risk doing time. Actually it is more like extortion. So they nabbed a payment processor cutting checks here in the states. With not enough distance from the source, followed back the source and grabbed all of the funds. I can't speak for the offshore operators like sean1 used to do. But the payment bottleneck just got a little tighter. If they were not using these guys, nothing really new. I doubt Calvin will be flying into the US to do a revisit on the Forbes article anytime soon. Isolated for now.

OF...oij213490

 

[Jimmy Hoffa]

Re: I know Bodog is a sponsor here, but...

Never wise to keep all of one's eggs in the same basket...

 

[TomBrady#1]

Re: I know Bodog is a sponsor here, but...

Pretty much the new tactic is grab the money. That is all the neteller deal was. I think they got well over $100 mil off that, I think 126-130. And they did not even use the UIGEA, they used money laundering, which was so far out there I can't believe they got away with it. But when you abduct and hold ceo's for ransom, they will rollover every time, rather than risk doing time. Actually it is more like extortion. So they nabbed a payment processor cutting checks here in the states. With not enough distance from the source, followed back the source and grabbed all of the funds. I can't speak for the offshore operators like sean1 used to do. But the payment bottleneck just got a little tighter. If they were not using these guys, nothing really new. I doubt Calvin will be flying into the US to do a revisit on the Forbes article anytime soon. Isolated for now.

OF...oij213490

Froggie, not sure if you remember this one but Sean 1 claimed that the delay in payment time was a "lie" from the books. He said it was not possible to take that long to get paid and a bunch of nonsense. I kid you not. He made a big thing on this. As usual he was/is completely off base.

 

[OMNIVOROUS FROG]

Re: I know Bodog is a sponsor here, but...

I think you are 100% right on the money here. It's always the ones with the Big Mouths. Both Kaplan and Calvin have always been like...
LOOK AT ME ! Statements like "CATCH ME IF YOU CAN"

And with the current laws set up for the government to do whatever they want, they say, OK, here we come. Hell, they will even ignore laws and just grab you. I'm surprised Calvin has not been abducted, stuffed in a box and smuggled in to face a very long list of trumped up charges, and forfeiture hundreds of millions. They will do another neteller, and rape every legit business Bodog has, stating funded with illicit gambling monies. Money laundering and UIGEA. The only thing missing is the gingerbread man Calvin.




You'll never catch me US gubment, I'm the gingerbread Calvin.

OF...op:

 

[texansfan]

Re: I know Bodog is a sponsor here, but...

Yeah OF, the U.S. gov't is vindictive and does not like being made a fool of.

 

[TomBrady#1]

Re: I know Bodog is a sponsor here, but...

Glad to see that you haven't got any smarter since I've been gone. You may "infer" something from reading this article, whereas the article may "imply" something else. Both words are inappropriate in this case as the article flat out "says" that word of the seizures is likely to rattle the confidence of US based online gamblers that they will receive their winnings, not only from Bodog but also from the industry's other remaining participants. Not too surprising that someone who spells asinine like you do, would have trouble with the nuances of imply-infer!

Your lack of intelligence notwithstanding, when I saw this article I immediately thought about asking for your opinion. Perhaps before you decree that the possibility of US-based online gamblers losing confidence in the offshore gambling industry due to this development is both asinine and ludicrous, you might actually ask some US-based online gamblers. And since you always act like a petulant child and never do what you're told to do, I'll give you my answer anyway....THIS DEVELOPMENT SCARES THE HELL OUT OF ME, ie. my confidence in the offshore gambling industry is rattled!

Is BODOG just stupid or do all offshore sportsbooks/casinos keep money in US-based accounts?
At the very least I would like to hear from Scotty J at BetJm to reassure me that this could/would never happen there. Perhaps I'll email him and report back to the posters here since getting an intelligent answer from The Shrink is next to impossible.

Bump. This needs to be addressed. Pioneer has some good points.

 

[THE SHRINK]

Re: I know Bodog is a sponsor here, but...

Rather than continous bumping because no sports book will post on this thread, why not call or email any sports book you do business with, ask them questions, and report back what they say and whether you are still comfortable doing business with them?

I think some of you are panicking...

The reputable sports books aren't going to screw you...

They never have, so why would they start now?

THE SHRINK

 

[OMNIVOROUS FROG]

Re: I know Bodog is a sponsor here, but...

Yeah OF, the U.S. gov't is vindictive and does not like being made a fool of.

Now, now, I never said that. They just take the most visible targets and make examples of them. I call it the Gotti syndrome.

One of the most successful carpet joint casino operators Meyer Lansky once said to his boyhood friend Benjamin Seigel, "Ben, famous is not good for us."

OF...:smokesmal

 

[TomBrady#1]

Re: I know Bodog is a sponsor here, but...

Rather than continous bumping because no sports book will post on this thread, why not call or email any sports book you do business with, ask them questions, and report back what they say and whether you are still comfortable doing business with them?

I think some of you are panicking...

The reputable sports books aren't going to screw you...

They never have, so why would they start now?

THE SHRINK

Good answers Ken. Thanks for the "backup"...

 

[durito]

Re: I know Bodog is a sponsor here, but...

They were publicly traded, so most all felt safe, and they were a heavy advertiser all over, TV, radio, and print.

They were an SBR D and had stolen from many players throughout the years.

 

[raiders72001]

Re: I know Bodog is a sponsor here, but...

There was once a run on Pinnacle spread by rumors and we know how that turned out.

 

[texansfan]

Re: I know Bodog is a sponsor here, but...

Now, now, I never said that. They just take the most visible targets and make examples of them. I call it the Gotti syndrome.

One of the most successful carpet joint casino operators Meyer Lansky once said to his boyhood friend Benjamin Seigel, "Ben, famous is not good for us."

OF...:smokesmal

I know, that's what I'm saying. Those are my words OF. :cheers

 

[durito]

Re: I know Bodog is a sponsor here, but...

fwiw bodog is still paying out internationally (at least as of this week) same day (neteller/moneybookers)

 

[Doug]

Re: I know Bodog is a sponsor here, but...

I used Bodog on occasion in the NT days, they paid fast as anyone.

My problem with them post-Neteller was no transfers to/from other books. I don't want to trust them to pay me, if Greek and CRIS don't trust them.

Calvin's over the top style was too strong, as well.

 

[shitferbrains]

Re: I know Bodog is a sponsor here, but...

I wonder how much all this really has to do with Bodog, I may be wrong, but personally I feel the Justice Department is much more interested in Ayre. Look at what his ego has done to online gambling never mind snubbing U.S. laws. I have had the misfortune of meeting Calvin several times and I can honestly say he is the most arrogant piece of shit I have ever met. He tried to play God and failed. when he first said he had bedded over 8000 women, I thought, what a sick fuck. Does he think this is something to be proud of and really, who would keep track. Most people I know that know him swore he was gay, maybe he will finally come out of the closet in prison. I totally agree with the Frog's statements in this thread. Way to go Frog.

 

[Doug]

Re: I know Bodog is a sponsor here, but...

8k women sorta impresses me, bought they are somehow bought, so more like 8k hookers. Anybody with money could do that.

 

[pioneer]

Re: I know Bodog is a sponsor here, but...

pioneer,

Personal attacks not withstanding, I have a different opinion than you do...

This appears to have a lot to do with the IRS if you read the case below...

http://dockets.justia.com/docket/court-mddce/case_no-1:2008cv01954/case_id-160533/

Sportsbook.com and Full Tilt Poker were also using the same (Zip) processors and may be effected...

When I spoke with some of the higher ups at Bodog this morning, they assured me that all player accounts are safe and players will be paid, period...

If they were planning to "screw" account holders, they would never have gone through all the trouble they have in the past year to move, etc...

Bodog will be releasing an official statement later today and we will have it here for you..

Like always, time will tell...

THE SHRINK

Shrink,
You seem incapable of discerning the difference between a "personal attack" and a "correction". For instance, "you are a fucking douchebag" is a personal attack. When you posted..."Sportsbook.com and Full Tilt Poker were also using the same (Zip) processors and may be effected...", you were incorrect and should have said "affected". You're welcome...

Was this the Bodog response?

Bodog response:

Good afternoon,

An article was recently released on Forbes.com that creates several misimpression's that the Morris Mohawk Gaming Group feels compelled to clarify for our customers.

As most of our customers already know, all operators outsource payment processing functions to third parties and these payment processors are subject to regulatory constraints wherever they operate, and, occasionally in the US, are subject to legal action because of the uncertain legal environment there.

However, the seizure of funds from these US payment processors was mischaracterized in this article, which refers to two specific legal cases against US processors. Rightly or wrongly, the article does not make a clear distinction between these cases, which, as a result, paints a misleading picture.

The facts are these: the first of these cases ? relating to a seizure of funds from a processor known as JBL Services ? happened some time ago and has absolutely nothing to do with the current payment processing challenges being experienced in the US. The constraints being experienced by payment processors in the US are universal in that region and not specific to any particular processor or site. Also, note that not one single player failed to get paid when this processor was disrupted.

The second case refers to a payment processor known as Zippayments.com and seizure of funds from this processor?s bank accounts in Nevada. The article falsely implies ? but notably does not go so far as to state - that $9.9M seized from Zippayment?s Nevada bank accounts were funds on account for ?Bodog?. This is simply false.

Processing partners with whom the Morris Mohawk Gaming Group does business are sophisticated organizations that are perfectly clear as to the actual facts of these cases and their contexts. They are unfazed by such media hype and Morris Mohawk wishes to ensure that its customers are similarly informed. Customer deposits are safe and every player has and will always be paid.

Alwyn Morris
C.E.O.
Morris Mohawk Gaming Group