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#11
10-13-2006, 11:52 PM
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Re: Betholdem won\'t give back your money
[ QUOTE ]
Maybe all thier big investors bailing out at once is scarier than losing the majority of their business? [/ QUOTE ] The only thing a big investor (aka "stockholder") can do is sell his shares to someone else. Not exactly reason for panic IMO. Institutions selling may depress share prices temporarily while stock is redistributed to less sensitive investors. But if the business has value this will only be a temporary phase. On the other hand, destroying your business by abruptly dumping most of your customers and ceasing marketing to your #1 market can have a distinctly permanent impact on all shareholders. 
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#12
10-14-2006, 12:08 AM
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Re: Betholdem won\'t give back your money
[ QUOTE ]
They arent stealing shiat. Calm down and deep breaths... BetCorp is just doing what SportingBet PLC and some other sites did, they are selling their US clients to a private firm to continue business as usual. 3 groups are looking into buying this. The law was signed after normal London Banking hours so they can't offical finish a sale until Monday. This will be back to normal Monday. -Brendan [/ QUOTE ] Classic. And in other news; Citibank is refusing to allow its US customers to withdraw money from their accounts. A spokesperson for Citibank stated, "Everyone should just calm down. On Monday morning we'll have been sold to Bank of America and business will resume as usual." The spokesperson had no comment on the thousands already lining up to empty their accounts come Monday. "Business as usual" appears to mean "No business at all". It appears as though many unaffected Europeans are also closing their accounts. When asked why, Diektric Haagenberg remarked, "Are you serious?"
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#14
10-14-2006, 12:23 AM
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Re: Betholdem won\'t give back your money
[ QUOTE ]
[ QUOTE ] They arent stealing shiat. Calm down and deep breaths... BetCorp is just doing what SportingBet PLC and some other sites did, they are selling their US clients to a private firm to continue business as usual. 3 groups are looking into buying this. The law was signed after normal London Banking hours so they can't offical finish a sale until Monday. This will be back to normal Monday. -Brendan [/ QUOTE ] Classic. And in other news; Citibank is refusing to allow its US customers to withdraw money from their accounts. A spokesperson for Citibank stated, "Everyone should just calm down. On Monday morning we'll have been sold to Bank of America and business will resume as usual." The spokesperson had no comment on the thousands already lining up to empty their accounts come Monday. "Business as usual" appears to mean "No business at all". It appears as though many unaffected Europeans are also closing their accounts. When asked why, Diektric Haagenberg remarked, "Are you serious?" [/ QUOTE ] This is my exact point in my chat conversation with them.
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#16
10-14-2006, 12:36 AM
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Re: Betholdem won\'t give back your money
I'm an equity analyst, and I can tell you if any fund manager (i.e. mutual fund, hedge fund, private MM, etc.) had a proviso in his/her investment policy stating they could not invest in companies that are in violaion of the law, every fund/portfolio/account would be empty. Just about every company, at one point or another, makes a business decision to violate/disregard a law.
The sites that are temporarily blocking withdrawals are almost certainly waiting for the dust to settle, and for their lawyers to come up with some legal opinions on how this is all going to play out. I serious doubt any reputable site is going to steal your money. I would just be patient. That being said, I also don't buy for a minute this "business as usual" nonsense. The US Gov't is serious about blocking funding to these sites, and while there will be a number of enterprising individuals who will get around the new regs, none of the fish will bother. Internet poker will be drastically different until the gov't wakes up and regulates the industry; I believe they will one day reach the conclusion that this is best for everyone. But it won't happen quickly, IMHO. In the meantime, don't panic. I seriously doubt you're not going to get your money.
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#17
10-14-2006, 01:01 AM
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Re: Betholdem won\'t give back your money
ok here is a way to ease your anger.....
imagine bill frist(the retard who passed this bill) is in front of you and he is saying "whatcha gonna do about it big boy huh?" once you imagine this just go flat out and knock the nearest wall with the biggest hole that would make mike tyson proud.then exhale take a deep breath and repeat......
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#20
10-14-2006, 01:12 AM
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Re: Betholdem won\'t give back your money
i'm wondering the same thing.i just imagined that wall was mr. frist and i pounded that sucker into twisted pulp.now how am i gonna pay for that wall.i got it! i'll just win it back online.shiat but how do i know for sure i'd get my money if i wanted.everywhere i turn there the bastard is impeeding my progress.
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