Actionbets, any news?

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  • Dark Horse
    SBR Posting Legend
    • 12-14-05
    • 13764

    #1
    Actionbets, any news?
    AB dropped from C to D- within a month or so this summer. Prior to that they had an eight year record of reliable business. Just curious where they're standing now. From my personal dealings with this book it seems a bit strange to have down way down in the basement. Are their finances back to normal, and can we expect any updates (or upgrades) on their situation?


    (BTW, was this the hardest summer on record for books? It rained downgrades...)
  • mt92131
    SBR Rookie
    • 04-03-06
    • 27

    #2
    D- is a little bit high.... it should be F-

    They will stiff you if you win from them....they just dont pay when you win big.... they will accusse you this and that . I am still waiting for my money from them.... STAY AWAY......
    Comment
    • isetcap
      SBR MVP
      • 12-16-05
      • 4006

      #3
      I don't expect to see AB moving up in the rankings any time soon. Last time we heard from them they were justifying the fact that they were stealing their players' entire balances, including deposited money. They should be overjoyed with their 'D-' and the fact that they aren't getting ripped daily for being industry trash.
      Comment
      • Bill Dozer
        www.twitter.com/BillDozer
        • 07-12-05
        • 10894

        #4
        AB updated us yesterday to say they are current according to their records. But, I wouldn't want my first big 10 teamer to cash there especially if this season continues on the way it began.

        AB got themselves in a messy situation and is going to have to own up to some of it before proving they are a competent sportsbook that takes responsibility for its mistakes.
        Comment
        • LGBoots
          SBR Wise Guy
          • 08-10-05
          • 742

          #5
          I have $2k parked there + a 20% bonus. Had it sitting there for ages now & have yet to wager a cent

          Am waiting for Bill to give them the all clear before I start my roll.

          Don't want to run up a big balance with them & run the risk of getting stiffed
          Comment
          • Yoshi
            SBR Wise Guy
            • 08-29-06
            • 548

            #6
            I dont think i will ever deposit there again, i just wouldnt feel safe after what happened...even if they get a C rating again.
            I was lucky to get out before the mess started, but it was close.
            Comment
            • pags11
              SBR Posting Legend
              • 08-18-05
              • 12264

              #7
              action bets is basically a bunch of guys that are full of crap...trying to be a legit operation, but they are far from it...
              Comment
              • mt92131
                SBR Rookie
                • 04-03-06
                • 27

                #8
                Actionbet: Do the right thing... pay me you M F!!!!

                They are funding their operation with my money. They have my 8935. It wont last the whole NFL's season. Bill, D- is a little too high.... give them a 'Z', i think. Piece of shit Actionbets.
                Comment
                • pags11
                  SBR Posting Legend
                  • 08-18-05
                  • 12264

                  #9
                  mt,

                  they really are a shit book...I notice that Aden's no longer posting here...
                  Comment
                  • War Pig
                    SBR Rookie
                    • 09-07-06
                    • 36

                    #10
                    I agree with you, AB is a bunch of con-artists and jokers. I cant believe what they r doing 2 their customers. Taking everyones money is totally uncalled for, at least they can do is recredit everyones acct. they have frozen or taken money from and continue to let them bet until they get to the bottom of what ever investigation they are conducting. It's not like anyone can withdraw their money anyhow. Then after they figure out who is legit & who is not-legit then act accordingly. I think it stinksshit and it's a dirty trick to do what they're doing, there has to be some kind of recourse!!!!!!

                    Good Luck to all who had been ****** between the butt-cheeks.
                    Comment
                    • Dark Horse
                      SBR Posting Legend
                      • 12-14-05
                      • 13764

                      #11
                      Originally posted by Bill Dozer
                      AB updated us yesterday to say they are current according to their records. But, I wouldn't want my first big 10 teamer to cash there especially if this season continues on the way it began.

                      AB got themselves in a messy situation and is going to have to own up to some of it before proving they are a competent sportsbook that takes responsibility for its mistakes.
                      'Owning up to some of it' is open to interpretation. Is AB willing to compromise, and let SBR determine how much 'some of it' is?
                      Comment
                      • pags11
                        SBR Posting Legend
                        • 08-18-05
                        • 12264

                        #12
                        these guys make so many excuses as why not to pay you it's ridiculous...just to get paid on my promo account I did with them a year ago it was ridiculous...I know it was only a promo account, but it was enough for me to know I didn't want to play with them (or do any other type of promo account again, not worth the headache)...
                        Comment
                        • Dark Horse
                          SBR Posting Legend
                          • 12-14-05
                          • 13764

                          #13
                          Oh well. No need to dig up the whole story. I'm surprised they seem content to sit at D-.
                          Comment
                          • pags11
                            SBR Posting Legend
                            • 08-18-05
                            • 12264

                            #14
                            I think they've finally given up on defending themselves darkhorse...
                            Comment
                            • increasedodds
                              SBR Wise Guy
                              • 01-20-06
                              • 819

                              #15
                              Actionbets got crushed when an inside guy gave out unapproved bonuses over and over to the same people.

                              This was likely $100,000 or something like that. We are not talking millions.

                              Actionbets fired the employee and then froze a whole bunch of accounts.

                              The fact that Actionbets put the blame on the players and did not take responsibility for the employee tells you everything you need to know about their finances.

                              If a book like WSEX, Cris, Pinny, etc had an employee cost them $100K they would fire the employee but pay the players.

                              Additionally, this disaster tells you management is disorganized.

                              In one month, Actionbets cost themselves 8 years of reputation.

                              They should step up to the plate, apologize, pay the players and move back to being a liable book.

                              -Sean
                              Comment
                              • Bill Dozer
                                www.twitter.com/BillDozer
                                • 07-12-05
                                • 10894

                                #16
                                Originally posted by Dark Horse
                                'Owning up to some of it' is open to interpretation. Is AB willing to compromise, and let SBR determine how much 'some of it' is?
                                We are hoping that the emotional part of this will fade away and AB will look at it on paper and say "yea, this wasn't right". I don't think the "scammer" Tshirt looks good on them and hope eventually they will come around. Regardless, a book coming off a three month payout drought isn't going to receive a C rating before the following football season.
                                Comment
                                • Dark Horse
                                  SBR Posting Legend
                                  • 12-14-05
                                  • 13764

                                  #17
                                  Wise approach.


                                  The employees I talked to were all nice enough, but I guess it's up to the owner. Does he always manage to stay out of the picture, leaving the dirty work to his employees? I'm asking because the employees were suffering as well during that harsh period, not at all behaving like 'sorry, see ya later' scammers.
                                  Last edited by Dark Horse; 09-20-06, 06:01 PM.
                                  Comment
                                  • JC
                                    SBR Sharp
                                    • 08-23-05
                                    • 481

                                    #18
                                    Here's some news on ActionBets. They are listed on TOW again.

                                    I notice their contact info is ray@actionbets.com. Any relation to Ray Meyers of Action Sports fame?
                                    Comment
                                    • pags11
                                      SBR Posting Legend
                                      • 08-18-05
                                      • 12264

                                      #19
                                      Bill,

                                      Acton Bets was and is the worst type of scammers in that they act like they are legit and they want to do what's right, yet they rip people off and have these great stories as to why they didn't have control...blah, blah, blah...I think that's why people enjoyed seeing their downfall more than the regular downfall of a book...
                                      Comment
                                      • TLasVegas702
                                        SBR Rookie
                                        • 07-27-06
                                        • 44

                                        #20
                                        Latest news...

                                        I heard that the people of TOW met up with the syndicate people at SD at the padre game in SD. Everything check out ok and there was no syndicate whatsoever. Will at TOW was supposed to write an article about the syndicate group. There was no article which mean that these people who got scam are really normal people. And of course, normal people always get **** in the ass!! Scam them..**** them...give the lame excuses...

                                        **** them all...

                                        p.s. but the good news is that : (no..i didn't switch to geico)
                                        I hit my 3, 4, 5 team parlay!! almost 6 teams but **** up st.louis lost **** SF
                                        Comment
                                        • Uncle B
                                          SBR High Roller
                                          • 01-16-06
                                          • 151

                                          #21
                                          Originally posted by JC
                                          Here's some news on ActionBets. They are listed on TOW again.

                                          I notice their contact info is ray@actionbets.com. Any relation to Ray Meyers of Action Sports fame?


                                          how appropriate.


                                          there are still dozens of players begging for any word, any info at all from robberto, about the money stolen from them by betforaces and even some still waiting from betonstars.

                                          dozens of players, whose money was stolen from them, after robberto recomended these scam outfits like No-Juice, betforaces, betonstars, BetonSports, etc, etc...


                                          and yet, here is tow, the self proclaimed *players advocate*, once again recommending a shop that at this very moment, still refuses to give it's players THEIR money.
                                          Comment
                                          • Yoshi
                                            SBR Wise Guy
                                            • 08-29-06
                                            • 548

                                            #22
                                            I think TOW can be called a scam site now, what a joke...
                                            Comment
                                            • SBR_John
                                              SBR Posting Legend
                                              • 07-12-05
                                              • 16471

                                              #23
                                              Good thread, tough crowd. New folks looking for info on ActionBets will learn all they need to in this thread.
                                              Comment
                                              • pags11
                                                SBR Posting Legend
                                                • 08-18-05
                                                • 12264

                                                #24
                                                haven't read too much about TOW lately...
                                                Comment
                                                • mt92131
                                                  SBR Rookie
                                                  • 04-03-06
                                                  • 27

                                                  #25
                                                  John and Bill,

                                                  Actionbets is back on their TOW's site again. That is bullshit...they are promoting shitting book that stole money from players. What is your reaction to that Bill and John?
                                                  Comment
                                                  • TLasVegas702
                                                    SBR Rookie
                                                    • 07-27-06
                                                    • 44

                                                    #26
                                                    Come and join actionbet...bring KY Jelly

                                                    MT and all

                                                    TOW promoted actionbet which mean actionbet is ready for new fresh meat. They **** the synidicate people of SD already and they want more!! This time...bring KY jelly so that your ass won't hurt as much!!
                                                    Comment
                                                    • pags11
                                                      SBR Posting Legend
                                                      • 08-18-05
                                                      • 12264

                                                      #27
                                                      that is total BS that TOW has actionbets back on their site...I've got no respect for a site that associates with them...
                                                      Comment
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