A Community Update from SBR

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  • Tanko
    SBR Hall of Famer
    • 09-19-09
    • 5140

    #421
    I have been paid all the BTC and points that I've won in contests within a reasonable time by SBR. Sometimes within a few days and sometimes within a couple of weeks. The timing likely depended upon when they cycle through their BTC processing steps. I have to believe they try to optimize their payments with market timing like most other investors do.


    Also, I would find it hard to believe that everyone is getting paid their winnings except for one guy. Why would SBR decide to stiff one guy.?.? That makes absolutely no sense. If there was an error in issuing BTC to someone, as Opti indicates, it'll be fixed.


    LT, Opti, Spider are doing a fantastic job of holding this place together. I would not like trying to fill their shoes over the last several months. Kudos to you.
    Comment
    • hubie69
      SBR Hall of Famer
      • 09-16-10
      • 7329

      #422
      Originally posted by Tanko
      LT, Opti, Spider are doing a fantastic job of holding this place together. I would not like trying to fill their shoes over the last several months. Kudos to you.
      100% this, Tanko hits the nail on the head. Considering what is going on around SBR they're doing a great job. Everyone just be patient, we're significantly farther along than we were at the end of December.

      While I understand the mindset of being owed points/money/whatever, take a deep breath. It'll get there. SBR could have easily just not paid anyone and chalked it up to the new management, instead they're fighting through the issues and are getting most people paid in a quasi reasonable amount of time. SBR is not contractually obligated to give anyone anything and they 100% could have gone that route. Instead they're acting in good faith and at least attempting to get people paid.

      Instead of shitting on SBR for being slow in their payments you should likely give them a thank you for acting in good faith. I know of no other forum out there that would retro actively go back and pay people (not to mention the fact I know of no other forums that pay out actual prizes). Even if other placed did, they likely would have given you the finger and not paid out anything during such a transitional time.

      Respect the good faith effort.

      Comment
      • JAKEPEAVY21
        BARRELED IN @ SBR!
        • 03-11-11
        • 29215

        #423
        Originally posted by hubie69
        100% this, Tanko hits the nail on the head. Considering what is going on around SBR they're doing a great job. Everyone just be patient, we're significantly farther along than we were at the end of December.

        While I understand the mindset of being owed points/money/whatever, take a deep breath. It'll get there. SBR could have easily just not paid anyone and chalked it up to the new management, instead they're fighting through the issues and are getting most people paid in a quasi reasonable amount of time. SBR is not contractually obligated to give anyone anything and they 100% could have gone that route. Instead they're acting in good faith and at least attempting to get people paid.

        Instead of shitting on SBR for being slow in their payments you should likely give them a thank you for acting in good faith. I know of no other forum out there that would retro actively go back and pay people (not to mention the fact I know of no other forums that pay out actual prizes). Even if other placed did, they likely would have given you the finger and not paid out anything during such a transitional time.

        Respect the good faith effort.

        Well said, hubert
        Comment
        • Mike Huntertz
          SBR Posting Legend
          • 08-19-09
          • 11203

          #424
          Originally posted by Optional
          No one is getting stiffed.

          Sorry that there was a mistake made that caused a delay, but it will be resent as you were told.

          Not nice to suggest we are now thieves over it though.
          I got stiffed for a Bookmaker cash for points. Made the request in August, way after that JJGold got his BTC???
          Comment
          • Pacific Square
            SBR Sharp
            • 12-08-12
            • 312

            #425
            Having to wait for payment, not knowing what is going on, is extremely difficult, no doubt about it.

            But you'll get paid..
            Comment
            • retard
              SBR MVP
              • 01-04-13
              • 1327

              #426
              Originally posted by Tanko
              I have been paid all the BTC and points that I've won in contests within a reasonable time by SBR. Sometimes within a few days and sometimes within a couple of weeks. The timing likely depended upon when they cycle through their BTC processing steps. I have to believe they try to optimize their payments with market timing like most other investors do.


              Also, I would find it hard to believe that everyone is getting paid their winnings except for one guy. Why would SBR decide to stiff one guy.?.? That makes absolutely no sense. If there was an error in issuing BTC to someone, as Opti indicates, it'll be fixed.


              LT, Opti, Spider are doing a fantastic job of holding this place together. I would not like trying to fill their shoes over the last several months. Kudos to you.
              What if that guy gave SBR the wrong bitcoin address or someone from sbr accidentally typed something in while typing in the bitcoin addres. Maybe that happened.
              Comment
              • spider
                SBR Posting Legend
                • 05-21-11
                • 11378

                #427
                Originally posted by Mike Huntertz
                I got stiffed for a Bookmaker cash for points. Made the request in August, way after that JJGold got his BTC???
                you made an order in Aug. the order was completed on Oct 14 and was sent to Bookmaker. Bookmaker has not credited your account, along with some other orders. do not know why (you've already been informed). Pinnacle honored all their orders within 4 days after Oct. 14.
                we are making another effort next week to see why they are not paying. furthermore you've been told that if Bookmaker does not credit you, your points will be refunded. so where do you come of as being stiffed? and what does sportsbook cash have to do with BTC orders?

                Comment
                • Mike Huntertz
                  SBR Posting Legend
                  • 08-19-09
                  • 11203

                  #428
                  Originally posted by spider
                  you made an order in Aug. the order was completed on Oct 14 and was sent to Bookmaker. Bookmaker has not credited your account, along with some other orders. do not know why (you've already been informed). Pinnacle honored all their orders within 4 days after Oct. 14.
                  we are making another effort next week to see why they are not paying. furthermore you've been told that if Bookmaker does not credit you, your points will be refunded. so where do you come of as being stiffed? and what does sportsbook cash have to do with BTC orders?

                  When you don't get what you paid for and while waiting your "currency" is massively devalued....it feels like being stiffed.
                  This missive is not a vendetta at anybody just a personal true story.
                  These forums are about the exchange of information and I'm just telling a true story about my experience.
                  Have a nice day.
                  Comment
                  • The Kraken
                    BARRELED IN @ SBR!
                    • 12-25-11
                    • 28917

                    #429
                    Originally posted by Mike Huntertz
                    When you don't get what you paid for and while waiting your "currency" is massively devalued....it feels like being stiffed.
                    This missive is not a vendetta at anybody just a personal true story.
                    These forums are about the exchange of information and I'm just telling a true story about my experience.
                    Have a nice day.
                    Except its not a true story at all

                    You're simply creating drama for no reason.

                    If any information here is to be gathered, it is that SBR paid Bookmaker to pay you, and if BM fails to honor that, SBR will refund your points. And you know this. And knew this when you made your post about being "stiffed".
                    Last edited by The Kraken; 01-22-22, 09:43 PM.
                    Comment
                    • batt33
                      SBR Hall of Famer
                      • 12-23-16
                      • 5968

                      #430
                      Originally posted by Mike Huntertz
                      When you don't get what you paid for and while waiting your "currency" is massively devalued....it feels like being stiffed.
                      This missive is not a vendetta at anybody just a personal true story.
                      These forums are about the exchange of information and I'm just telling a true story about my experience.
                      Have a nice day.
                      Geez Karen relax.....
                      Comment
                      • Mike Huntertz
                        SBR Posting Legend
                        • 08-19-09
                        • 11203

                        #431
                        Originally posted by batt33
                        Geez Karen relax.....
                        Have a nice night.
                        Comment
                        • batt33
                          SBR Hall of Famer
                          • 12-23-16
                          • 5968

                          #432
                          Originally posted by Mike Huntertz
                          Have a nice night.
                          Have a nice day also!
                          Comment
                          • Optional
                            Administrator
                            • 06-10-10
                            • 60686

                            #433
                            Bookmaker.eu sometimes will not credit sportsbook cash to accounts marked as no promotions there. But do not tell SBR this happened.

                            If that happens You need to tell us and it will be fixed. Every time. Never stiffed or cheated or stolen from by SBR.


                            Just like Mike Hunterz was told before coming on here and crying stiff.

                            Have I got that right Mike?

                            Were you told SBR would fix it before you called us stiffs?

                            Let me know please.

                            And please PM me your BM account number.

                            Then I will fix your problem myself.
                            Last edited by Optional; 01-23-22, 04:02 AM.
                            .
                            Comment
                            • Mike Huntertz
                              SBR Posting Legend
                              • 08-19-09
                              • 11203

                              #434
                              Originally posted by Optional
                              Bookmaker.eu sometimes will not credit sportsbook cash to accounts marked as no promotions there. But do not tell SBR this happened.

                              If that happens You need to tell us and it will be fixed. Every time. Never stiffed or cheated or stolen from by SBR.


                              Just like Mike Hunterz was told before coming on here and crying stiff.

                              Have I got that right Mike?

                              Were you told SBR would fix it before you called us stiffs?

                              Let me know please.

                              And please PM me your BM account number.

                              Then I will fix your problem myself.
                              I was replying to your post #415.
                              You used the term stiff and I thought my situation was "somewhat" in that category.
                              In the belief that you were interested in rectifying problems I responded with my situation.
                              I never called anybody a stiff, just that "I got stiffed."
                              I've never used derogatory verbage to any poster here and have only posted my observations about what is going on.
                              My situation has been looked at extensively by spider and others and I appreciated the attempts, as I had said in our correspondence.
                              We established the error was at their end but without resolution.
                              I will send along the info you asked and thank you and others for your continuing work here.
                              Comment
                              • kaliboyz
                                SBR MVP
                                • 10-30-09
                                • 3121

                                #435
                                Originally posted by Mike Huntertz
                                When you don't get what you paid for and while waiting your "currency" is massively devalued....it feels like being stiffed.
                                This missive is not a vendetta at anybody just a personal true story.
                                These forums are about the exchange of information and I'm just telling a true story about my experience.
                                Have a nice day.
                                How the F... that will effects anything? Your $100 btc in August and your $100 btc now are the same. The value of Bitcoin is depreciating but your $100 amount is still $100. I joined SBR more than 10 years and sometimes they do take a little longer to deliver my bitcoin orders, yes I was frustrated but do I think SBR is stiffing me? Have you ever think that SBR is going through with a transition and they are shorted of staffs?and don't you see most of the Mods on here don't even have a clue of what's going on to SBR and theirs future in the last few months? Come on dude! Begger no chooser! Take your sportbook freebie, then get the f... Out of here. No one welcome you here.
                                Comment
                                • Roger T. Bannon
                                  SBR Hall of Famer
                                  • 06-28-18
                                  • 5139

                                  #436
                                  Things are getting tense. We gotta get the store open soon.
                                  Comment
                                  • jimmy007oc
                                    SBR MVP
                                    • 08-25-10
                                    • 1699

                                    #437
                                    Originally posted by Roger T. Bannon
                                    Things are getting tense. We gotta get the store open soon.
                                    Agree. No point to argue about points if it’s useless. Open back the store, then game on
                                    Comment
                                    • pavyracer
                                      SBR Aristocracy
                                      • 04-12-07
                                      • 82478

                                      #438
                                      Originally posted by Roger T. Bannon
                                      Things are getting tense. We gotta get the store open soon.
                                      Like I said until the store opens and we see what it offers we have to stay on the sidelines and wait.

                                      If it drags too long people will lose hope and don't renew Pro memberships. If nothing is announced by Superbowl this site will be in big trouble. The loss of traffic after football will accelerate along with Pro membership.
                                      Comment
                                      • BetterBizness
                                        SBR Hall of Famer
                                        • 05-20-06
                                        • 5737

                                        #439
                                        I got my weekly pick6 Contest cash within a day or 2... I got all my "lost" betpoints...

                                        I wonder if I can take my betpoints and combine them with my reddit karma.. I would have a lot of internet points to brag about between the two sites
                                        Comment
                                        • Roger T. Bannon
                                          SBR Hall of Famer
                                          • 06-28-18
                                          • 5139

                                          #440
                                          Originally posted by pavyracer
                                          Like I said until the store opens and we see what it offers we have to stay on the sidelines and wait.

                                          If it drags too long people will lose hope and don't renew Pro memberships. If nothing is announced by Superbowl this site will be in big trouble. The loss of traffic after football will accelerate along with Pro membership.
                                          Well if the site can't support the betpoint payouts, it is already in big trouble. The site will not lose anything if it keeps contests going. The betpoints are an added bonus. Most people are not here for the betpoints.

                                          The traffic is going to drop off after football anyway. The only thing that really keeps this site going is the football contest. If that goes, this place will be BMR. Most people are just waiting for the contest to come back around.
                                          Comment
                                          • pavyracer
                                            SBR Aristocracy
                                            • 04-12-07
                                            • 82478

                                            #441
                                            Originally posted by Roger T. Bannon
                                            Well if the site can't support the betpoint payouts, it is already in big trouble. The site will not lose anything if it keeps contests going. The betpoints are an added bonus. Most people are not here for the betpoints.

                                            The traffic is going to drop off after football anyway. The only thing that really keeps this site going is the football contest. If that goes, this place will be BMR. Most people are just waiting for the contest to come back around.
                                            I really don't know how many people will be staying here until September to play in the football contest if the store doesn't open until then.

                                            My hope is that they will at least announce a March Madness contest around Superbowl to give something to look forward to.

                                            7 months with nothing until Football again is not going to cut it.
                                            Comment
                                            • Roger T. Bannon
                                              SBR Hall of Famer
                                              • 06-28-18
                                              • 5139

                                              #442
                                              Originally posted by pavyracer
                                              I really don't know how many people will be staying here until September to play in the football contest if the store doesn't open until then.

                                              My hope is that they will at least announce a March Madness contest around Superbowl to give something to look forward to.

                                              7 months with nothing until Football again is not going to cut it.
                                              Like I said, most people aren't here for the betpoints. There are a huge amount of non-PROs.

                                              The model has changed. If you pay out betpoints without having the money coming in, you go down faster, not slower.
                                              Comment
                                              • milwaukee mike
                                                BARRELED IN @ SBR!
                                                • 08-22-07
                                                • 26914

                                                #443
                                                Originally posted by Roger T. Bannon
                                                Like I said, most people aren't here for the betpoints. There are a huge amount of non-PROs.

                                                The model has changed. If you pay out betpoints without having the money coming in, you go down faster, not slower.
                                                if you're going down anyway, wouldn't you at least have some integrity and pay out what people thought they were getting by posting/etc?

                                                letting points go useless for this many months while paying out cash contests is embarassing
                                                Comment
                                                • pavyracer
                                                  SBR Aristocracy
                                                  • 04-12-07
                                                  • 82478

                                                  #444
                                                  Originally posted by milwaukee mike
                                                  if you're going down anyway, wouldn't you at least have some integrity and pay out what people thought they were getting by posting/etc?

                                                  letting points go useless for this many months while paying out cash contests is embarassing
                                                  I know there are a couple posters with 6 digit betpoints and dozens with 5 digit betpoints.

                                                  If there are a few million points outstanding and they worth 4 cents a point you are looking at $100,000 or more in costs which is much more than cash prizes awarded the last 3 months.

                                                  So they may be able to pay cash prizes but not the betpoints. The reason the store closed is not for renovations. It closed because it can't fulfill the orders due to lack of funds.
                                                  Last edited by pavyracer; 01-23-22, 09:46 PM.
                                                  Comment
                                                  • milwaukee mike
                                                    BARRELED IN @ SBR!
                                                    • 08-22-07
                                                    • 26914

                                                    #445
                                                    if that's true pavy, then there should be no reason to keep doing contests that pay in points, daily points, trivia, etc
                                                    Comment
                                                    • pavyracer
                                                      SBR Aristocracy
                                                      • 04-12-07
                                                      • 82478

                                                      #446
                                                      Originally posted by milwaukee mike
                                                      if that's true pavy, then there should be no reason to keep doing contests that pay in points, daily points, trivia, etc
                                                      I think the store will open once funding is secured. But the points may be devalued. Like a reverse stock split. So you may need 10,000 points to buy a $50 giftcard. It all depends on the cashflow.
                                                      Comment
                                                      • thezbar
                                                        SBR Hall of Famer
                                                        • 08-29-06
                                                        • 6420

                                                        #447
                                                        More likely the SBR store will be unused Marketing tools such as hats and T-shirts. The days of free plays, bitcoin, and gift cards are drifting away.
                                                        Comment
                                                        • Roger T. Bannon
                                                          SBR Hall of Famer
                                                          • 06-28-18
                                                          • 5139

                                                          #448
                                                          Originally posted by milwaukee mike
                                                          if you're going down anyway, wouldn't you at least have some integrity and pay out what people thought they were getting by posting/etc?

                                                          letting points go useless for this many months while paying out cash contests is embarassing
                                                          No. People just want to get paid out the points. They will rationalize it anyway they can.

                                                          That is obviously not the thing to do. You continue with cash contests because that is what people are interested in.

                                                          Pavy is the perfect example. He has been trying to push them into paying points saying they are going to lose the site and he is no longer PRO, but he is still around.

                                                          They don't think they are going down. They think they are going to make SBR bigger and better. But expecting them to pay out on points is pretty unrealistic until they have some things going. Even if they wanted to pay points, I don't think they could do it now.
                                                          Comment
                                                          • Optional
                                                            Administrator
                                                            • 06-10-10
                                                            • 60686

                                                            #449
                                                            Originally posted by pavyracer
                                                            I think the store will open once funding is secured. But the points may be devalued. Like a reverse stock split. So you may need 10,000 points to buy a $50 giftcard. It all depends on the cashflow.
                                                            They had better not be.

                                                            And if it depends on cashflow, I've been lied to.

                                                            So I think none of that is even slightly close to correct.
                                                            .
                                                            Comment
                                                            • USCPHILLYGUY
                                                              SBR Posting Legend
                                                              • 12-15-12
                                                              • 21744

                                                              #450
                                                              Opti the 3 month Pro extensions are for international users or everyone?

                                                              Funny they have no issues at all with renewing your Pro status icon
                                                              Comment
                                                              • Optional
                                                                Administrator
                                                                • 06-10-10
                                                                • 60686

                                                                #451
                                                                Originally posted by USCPHILLYGUY
                                                                Opti the 3 month Pro extensions are for international users or everyone?

                                                                Funny they have no issues at all with renewing your Pro status icon
                                                                Just for internationals, because they only have Pinny and SIA as book options right now and expect to have that expanded enough within the 3 months so they can renew properly.
                                                                .
                                                                Comment
                                                                • pavyracer
                                                                  SBR Aristocracy
                                                                  • 04-12-07
                                                                  • 82478

                                                                  #452
                                                                  Originally posted by Optional
                                                                  They had better not be.

                                                                  And if it depends on cashflow, I've been lied to.

                                                                  So I think none of that is even slightly close to correct.
                                                                  I'm not saying you are being lied on. We will all find out when the Store opens again. Have you talked to them lately about an update? Are we getting close to opening the store? We are all guessing here.
                                                                  Comment
                                                                  • Optional
                                                                    Administrator
                                                                    • 06-10-10
                                                                    • 60686

                                                                    #453
                                                                    Originally posted by pavyracer

                                                                    I'm not saying you are being lied on. We will all find out when the Store opens again. Have you talked to them lately about an update? Are we getting close to opening the store? We are all guessing here.
                                                                    No new info recently. And I am impatient about it all now, but it appears like the company just isn't the impatient type.

                                                                    Honestly thought we would be back rolling and at least looking like normal from the outside by the end of January, at worst, since early on.

                                                                    Best I can say is that tiny steps forward do keep happening as I am seeing them myself. And I was assured there is plenty of money committed to the project. Human resources seems to be the biggest boat anchor. Key people are all pre-committed to multiple other projects and had SBR thrust upon them as an extra.
                                                                    .
                                                                    Comment
                                                                    • cmaulsby
                                                                      SBR Sharp
                                                                      • 03-28-12
                                                                      • 261

                                                                      #454
                                                                      Thanks to Spider for resetting my account for trivia. A minor issue but its good to see people like Spider here on the board.
                                                                      Comment
                                                                      • pimike
                                                                        BARRELED IN @ SBR!
                                                                        • 03-23-08
                                                                        • 37139

                                                                        #455
                                                                        Let’s get my pro status updated.

                                                                        This is taking a long time.

                                                                        Lol



                                                                        Maybe these guys are from China or Vietnam.

                                                                        They are waiting for Feb 1st their New Year.


                                                                        Comment
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