Gambling IQ Commentary On the Bodog Fiasco
The Bodog Fiasco has been going on for Months on end now. It only seems to get worse. The hard thing to grasp is that there are potentially 10's of thousands of players who possibly have funds at risk right now.
We have been watching this Situation very closely. What we are seeing is very disturbing. Every website you go to from the Poker Players Alliance to Gambling 911 you see horror stories of payouts taking a minimum of 40 days. No matter how big or small the sports forum is you see several complaints. This has been going on Since early in the year and is not getting better. Right Now if you put in a payout request at Bodog you may get it in time to buy a turkey for Thanksgiving. That is totally unacceptable for online gambling site.
Lets talk a little history here. Just some speculation on our part with some of this. Slow Payments at Bodog have been heard of and on the increase for the past couple of years. At first you just blew it off as an effect of the UIGEA that caused many problems for almost all online gambling portals. But the problem is Bodogs payment time rarely was better than 30 days for a check and slowly all the other payment methods would dry up. What Caused this?
Was it the acquisition of WWTS when they pulled out of the US market right ofter the UIGEA was passed? After a couple of other deals from prominent sportsbooks fell through at the last minute Bodog swept in and bought the accounts and merged them into Bogog. Did they underestimate the Damage that taking on all this added debt was going to damage the company with the limited access US players had to deposit? I know for a fact of One deal that fell thru to buy WWTS because of the trouble of transferring funds around now because of the gambing act. Did Bodog not do their due diligence as a company? Did these decisions eat into their cash flow with players cashing out of Bodog once rollovers were met because of Bodog's limited betting options? When you go from a Solid shop like WWTS to Bodog who does not offer hafltime lines on most games, No totals on games with big spreads, lines up 2 hours before kickoff, etc. it is a real eyeopener to many players. Going from a book with many options to a book that only wants squares and gives a true bettor no real options to play had to cause some kind of run on the bank.
You add that into the other failed ventures that had to eat into their cashflow like Bodog Music, Bodog Fights, Bodog TV, etc.. There was hardly anything Bodog didn't have their name on at one time. We even have where Bodog stiffed one of their own fighters under Contract. They did not honor their contract with former US Olympic Greco-Roman wrestler Matt Lindland. They cost him no telling how much money because it was an exclusive contract and he could not fight elsewhere. How many more are out there that we don't know about?
Then you add into the fact that Calvin Ayre was flaunting Bodog in the US Governments face for years. He was throwing parties in Vegas, advertising on the Radio and TV virtually all over the United States. Basically telling the US Department of Justice to screw themselves. He did not learn a lesson from disgraced BetOnSports owner Gary Kaplan and Top Executive David Carruthers that you don't tell the US Government to screw off. Instead of learning from their mistakes he goes out and puts himself on the cover of Forbes magazine claiming he was a Billionaire playboy.
Lets move on to them losing a almost $49 Million lawsuit to 1st Technology LLC and having to spend untold millions in rebranding their company from Bodog to NewBodog and Bodoglife. You can't put a figure on the amount of money they potentially lost just by the hit from search engines.
We also have many reports that Bodog was nothing more than a name ran be several shell companies. Plenty of sources have came forward (Matt Lindland is one) to make this claim. They are likely correct in their assessment. We know from experience in the past that we would have to be in contact with 2 or 3 different people at companies just to get Contest winners paid that Bodog would sponsor. This would be a 2 week process at least. Then they would have to audit the player. Several times they would claim the guy was not eligible after the contest was over, virtually changing the rules after the winners were announced. This laborous and unethical process by the old Riptown Media caused all contests on the forums we were involved with at the time to stop. It was not fair to our players.
Then we get into the seized funds by the feds that has been well documented. We are talking two seizures of funds worth approximately $24 Million in cash taken from what is being strongly rumored were nothing but shell companies for Bodog. You can read the complaints against Bodog for the $14 million seizure here and the $9.8 Million seizure here. As you can see Calvin Ayre's name is plastered all over these documents. That does not bode well for anyone involved in this. Then you add in the fact that Calvin mysteriously resigned after the first round of funds was seized early this year. He retired and transferred ownership to Morris Mohawk gaming. After his retirement he is reportedly on the run and said to be living in Antigua.
Calvin is reportedly still running the company but that can't be confirmed.
You can probably safely say that if it were not for Bodog Poker this company would have been under by now. Poker is huge money maker for the company and brings a influx of immediate cash to the table. But you can only rob Peter to Pay Paul so long. We have sadly seen in the past that companies that do not hold post up funds in escrow to pay out players eventually get caught with their hands in the cookie jar and go under.
Is Bodog going under tomorrow? Probably not. Will they Go Under at all? No one can answer that question at this time. But things do not look good. This is all going to depend on if they can start paying out people in a timely manner. I am talking 2 weeks maximum to get funds to players. Once enough people get paid from them they will not send more. They will move on and Bodog will have to go the Route of BetOnSports and hope to get new players to make up for the exodus of players leaving. This is a very dangerous business model and is most likely going on at this moment as evidenced by the more than 200 layoffs by their marketing and support firm Fiver Media (formerly Riptown Media).
You just have to ask yourself One Question. Why all the layoffs at the start of Football season when Most other books are adding employees? This is most Books busiest time of the year. Especially ones that are US facing. It absolutely makes no sense. Even books on the ropes have been begging for football to get here for the influx of deposits.
What is sad is all the players who do not know about online forums and can inform themselves of this situation.
In Conclusion Gambling IQ believes that no player should send money to Bodog at this time. Their are too many red flags and warning signs out there. You can see the smoke signals coming off the Kahnawake Mohawk Territory. Is it a desperate call for Help? We hope not.
Any Forum Owners who can honestly send their players to play at Bodog right now need to be shut down. It is Unethical and not prudent for the player, the Posters of the forums or the Online Industry. How these forum Owners can look in the Mirror is amazing and it gives a huge slap in the face to every forum owner in this Industry. Lets just hope that the posters can see through all the fluff and circumstance and find Online Gambling forums that have the players interest truly at heart.
It is time for the Sportsbooks and Poker rooms to PULL ALL ADVERTISING AND CLOSE ALL AFFILIATE SHEETS for these forums that promote promote this type of action. All you have to do is look at the Banners flying at the top to see what kind of forum you are a member of. Until the Onwers of the respected and Highly rated Online Gambling sites stick together (B rating or Better at SportsBookReview) then players will be thrown to the wolves.
Are we saying turn your back on a book or poker room that is having temporary trouble? No way should that happen. But at some point you have to say enough is enough. All books have processing troubles from time to time and they pull out of it. But Most books don't have all the warning signs seen in this situation. It is following a eery script we have all seen in the past with a book going from Highly respected to out of business in a matter of months.
Do we hope Bodog goes under and 10's of thousands of players get stiffed on untold millions of dollars? The Answer is an emphatic NO. But at the same time you have to protect your current posters and readers so the losses are limited to the players that are there at this time. You don't want to let anyone else get caught up in the Fiasco that builds every day.
There is no excuse to send money there when you have Sportsbooks like The Greek, Bet Jamaica, BetOnline, Looselines, 5Dimes, The PIG, Legendz Sportsbook, WSEX, Matchbook, Carib, and many more that are paying out in a timely manner. Many in just a few days. Some within Minutes of your request with certain Withdrawal methods. You have many respected Poker rooms like Doyle's Room, Full Tilt, Poker Stars, Party Poker, Carbon Poker, and many more as well that are highly respected and paying out quickly.
In Short. Gambling IQ does not recommend sending any money to Bodog at this time or even in the near future. There is not ONE Reason anybody can give a player to send to Bodog at this time.
Please as a Poster at these forums do your homework and only support the forums that actually have your best interests at heart and are not worried if that advertising Check the bad books send them each month clear the bank.
Thank you.
Please Come to Gambling IQ to Stay Up to date and please Feel free to comment on it here.
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We have been watching this Situation very closely. What we are seeing is very disturbing. Every website you go to from the Poker Players Alliance to Gambling 911 you see horror stories of payouts taking a minimum of 40 days. No matter how big or small the sports forum is you see several complaints. This has been going on Since early in the year and is not getting better. Right Now if you put in a payout request at Bodog you may get it in time to buy a turkey for Thanksgiving. That is totally unacceptable for online gambling site.
Lets talk a little history here. Just some speculation on our part with some of this. Slow Payments at Bodog have been heard of and on the increase for the past couple of years. At first you just blew it off as an effect of the UIGEA that caused many problems for almost all online gambling portals. But the problem is Bodogs payment time rarely was better than 30 days for a check and slowly all the other payment methods would dry up. What Caused this?
Was it the acquisition of WWTS when they pulled out of the US market right ofter the UIGEA was passed? After a couple of other deals from prominent sportsbooks fell through at the last minute Bodog swept in and bought the accounts and merged them into Bogog. Did they underestimate the Damage that taking on all this added debt was going to damage the company with the limited access US players had to deposit? I know for a fact of One deal that fell thru to buy WWTS because of the trouble of transferring funds around now because of the gambing act. Did Bodog not do their due diligence as a company? Did these decisions eat into their cash flow with players cashing out of Bodog once rollovers were met because of Bodog's limited betting options? When you go from a Solid shop like WWTS to Bodog who does not offer hafltime lines on most games, No totals on games with big spreads, lines up 2 hours before kickoff, etc. it is a real eyeopener to many players. Going from a book with many options to a book that only wants squares and gives a true bettor no real options to play had to cause some kind of run on the bank.
You add that into the other failed ventures that had to eat into their cashflow like Bodog Music, Bodog Fights, Bodog TV, etc.. There was hardly anything Bodog didn't have their name on at one time. We even have where Bodog stiffed one of their own fighters under Contract. They did not honor their contract with former US Olympic Greco-Roman wrestler Matt Lindland. They cost him no telling how much money because it was an exclusive contract and he could not fight elsewhere. How many more are out there that we don't know about?
Then you add into the fact that Calvin Ayre was flaunting Bodog in the US Governments face for years. He was throwing parties in Vegas, advertising on the Radio and TV virtually all over the United States. Basically telling the US Department of Justice to screw themselves. He did not learn a lesson from disgraced BetOnSports owner Gary Kaplan and Top Executive David Carruthers that you don't tell the US Government to screw off. Instead of learning from their mistakes he goes out and puts himself on the cover of Forbes magazine claiming he was a Billionaire playboy.
Lets move on to them losing a almost $49 Million lawsuit to 1st Technology LLC and having to spend untold millions in rebranding their company from Bodog to NewBodog and Bodoglife. You can't put a figure on the amount of money they potentially lost just by the hit from search engines.
We also have many reports that Bodog was nothing more than a name ran be several shell companies. Plenty of sources have came forward (Matt Lindland is one) to make this claim. They are likely correct in their assessment. We know from experience in the past that we would have to be in contact with 2 or 3 different people at companies just to get Contest winners paid that Bodog would sponsor. This would be a 2 week process at least. Then they would have to audit the player. Several times they would claim the guy was not eligible after the contest was over, virtually changing the rules after the winners were announced. This laborous and unethical process by the old Riptown Media caused all contests on the forums we were involved with at the time to stop. It was not fair to our players.
Then we get into the seized funds by the feds that has been well documented. We are talking two seizures of funds worth approximately $24 Million in cash taken from what is being strongly rumored were nothing but shell companies for Bodog. You can read the complaints against Bodog for the $14 million seizure here and the $9.8 Million seizure here. As you can see Calvin Ayre's name is plastered all over these documents. That does not bode well for anyone involved in this. Then you add in the fact that Calvin mysteriously resigned after the first round of funds was seized early this year. He retired and transferred ownership to Morris Mohawk gaming. After his retirement he is reportedly on the run and said to be living in Antigua.
Calvin is reportedly still running the company but that can't be confirmed.
You can probably safely say that if it were not for Bodog Poker this company would have been under by now. Poker is huge money maker for the company and brings a influx of immediate cash to the table. But you can only rob Peter to Pay Paul so long. We have sadly seen in the past that companies that do not hold post up funds in escrow to pay out players eventually get caught with their hands in the cookie jar and go under.
Is Bodog going under tomorrow? Probably not. Will they Go Under at all? No one can answer that question at this time. But things do not look good. This is all going to depend on if they can start paying out people in a timely manner. I am talking 2 weeks maximum to get funds to players. Once enough people get paid from them they will not send more. They will move on and Bodog will have to go the Route of BetOnSports and hope to get new players to make up for the exodus of players leaving. This is a very dangerous business model and is most likely going on at this moment as evidenced by the more than 200 layoffs by their marketing and support firm Fiver Media (formerly Riptown Media).
You just have to ask yourself One Question. Why all the layoffs at the start of Football season when Most other books are adding employees? This is most Books busiest time of the year. Especially ones that are US facing. It absolutely makes no sense. Even books on the ropes have been begging for football to get here for the influx of deposits.
What is sad is all the players who do not know about online forums and can inform themselves of this situation.
In Conclusion Gambling IQ believes that no player should send money to Bodog at this time. Their are too many red flags and warning signs out there. You can see the smoke signals coming off the Kahnawake Mohawk Territory. Is it a desperate call for Help? We hope not.
Any Forum Owners who can honestly send their players to play at Bodog right now need to be shut down. It is Unethical and not prudent for the player, the Posters of the forums or the Online Industry. How these forum Owners can look in the Mirror is amazing and it gives a huge slap in the face to every forum owner in this Industry. Lets just hope that the posters can see through all the fluff and circumstance and find Online Gambling forums that have the players interest truly at heart.
It is time for the Sportsbooks and Poker rooms to PULL ALL ADVERTISING AND CLOSE ALL AFFILIATE SHEETS for these forums that promote promote this type of action. All you have to do is look at the Banners flying at the top to see what kind of forum you are a member of. Until the Onwers of the respected and Highly rated Online Gambling sites stick together (B rating or Better at SportsBookReview) then players will be thrown to the wolves.
Are we saying turn your back on a book or poker room that is having temporary trouble? No way should that happen. But at some point you have to say enough is enough. All books have processing troubles from time to time and they pull out of it. But Most books don't have all the warning signs seen in this situation. It is following a eery script we have all seen in the past with a book going from Highly respected to out of business in a matter of months.
Do we hope Bodog goes under and 10's of thousands of players get stiffed on untold millions of dollars? The Answer is an emphatic NO. But at the same time you have to protect your current posters and readers so the losses are limited to the players that are there at this time. You don't want to let anyone else get caught up in the Fiasco that builds every day.
There is no excuse to send money there when you have Sportsbooks like The Greek, Bet Jamaica, BetOnline, Looselines, 5Dimes, The PIG, Legendz Sportsbook, WSEX, Matchbook, Carib, and many more that are paying out in a timely manner. Many in just a few days. Some within Minutes of your request with certain Withdrawal methods. You have many respected Poker rooms like Doyle's Room, Full Tilt, Poker Stars, Party Poker, Carbon Poker, and many more as well that are highly respected and paying out quickly.
In Short. Gambling IQ does not recommend sending any money to Bodog at this time or even in the near future. There is not ONE Reason anybody can give a player to send to Bodog at this time.
Please as a Poster at these forums do your homework and only support the forums that actually have your best interests at heart and are not worried if that advertising Check the bad books send them each month clear the bank.
Thank you.
Please Come to Gambling IQ to Stay Up to date and please Feel free to comment on it here.
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Tags: Ayre, Bodog, Calvin, Gambling, IQ, Money, Online, Payouts, Poker, Seizure, More…
Views: 3
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Permalink Reply by dirty on -
Here is another goodie... Long but worth the read
Casino risqué
Online gambling, extreme fighting, heat from U.S. authorities—the fabulous (and somewhat murky) world of Calvin Ayre, farm boy-turned-tycoon
* Article
* Comments (Comment2)
*
TIMOTHY TAYLOR
From Friday's Globe and Mail
April 27, 2007 at 6:00 AM EDT
http://www.theglobeandmail.com/servlet/story/RTGAM.20070426.rmayre0...
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From pier0 who works in the industry... posted at OGD
pier0
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post Today, 08:01 AM
Post #61
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QUOTE(Reagan @ Sep 21 2008, 08:26 PM) *
There isn't a whole lot of negative information online about Bodog if you don't know where to look for it. Try to google "Bodog Sportsbook": you get some fluff articles written by Bodog plus Shrink's embarrassment of an article talking about how Bodog is as healthy as ever.
And every week you have a handful of columnists talking about pointspreads that inevitably mention Bodog as the source for offshore betting. Unless someone is paying attention, they will assume everything is alright with Bodog. Most won't cash out anyway.
Tthey actually seem to be on a mission to bury any negative story. I've been monitoting RSS for years and I never seen so many uselss Bodog odds reports as this year.
It will be interesting to see what kind of presence Bodog will have this year at CAP Euro (later this week in Barcelona). They generally have the biggest booth and throw the nicest parties, but I haven't heard anything from them so far this year.
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Permalink Reply by dirty on
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From EOG.com. Where the Owner Refuses to take down on a Temporary basis a book that is taking 60+ days to pay people.
Wise Guy
EOG Senior Member
Re: Shrink YES OR NO have you considered removing the BODOG banner on a temporary basis?
Quote:
Originally Posted by Bucky
...guess it would be interesting to know their sad story on how they managed to go dead ass broke.
I wonder whether Calvin launching into a dozen different unfamiliar businesses had any impact on the bottom line? Bodog pretends that they are a world-wide entertainment giant, but I suspect many of their non-core businesses have not been profitable.
Wise-Guy is a little behind the times. BoDogFight, BoDog Music, BoDog TV and any other biz-farts Calvin had going went tits up over six months ago.
It appears to me that Bodog long-ago took the corporate attitude that anyone who takes a payout deserves no respect and is a "bad" customer. In other words, a good customer is someone who plays and plays until all the money is gone. A "bad" customer actually tries to win and then (heavens to betsy) dares to request a payout.
This Wise- guy is a wise guy!
Well, these morons at Bodog forgot that Poker is a different animal. Poker players who request a payout did not win that money from the casino. So, guess what is happening now: Bodog is losing poker players at an accelerating rate. The word is getting around that it is next to impossible to get any cash out of Bodog. Poker players have lots of other options.
Check their rank. Bodog has slipped to around # 14 in the online poker world and Bodog continues to fall fast. Another year and they will fall completely off the poker radar.
A year from now? They could be gone by Xmas!
More from Wise-Guy.
Lately, it seems to me that every move that Bodog makes is a mistake. I can't imagine how they expect to survive long-term in this business. Sure, Bodog makes a bunch of empty promises to new customers, but once an account holder gets a taste of how many months are required to receive a payout, Bodog has lost that customer forever.
I think that when the 60 Minutes piece comes out on the UltimateBet and Absolute Poker cheating comes out, the damage from that will have a ripple effect on sites like BoDog. Meaning thousands less players for everyone.
I've never seen such negative stuff on the forums, over such a long period of time, as I have with BoDog.
It really has been one calamity after another, most of which G IQ has detailed at the top of the page.
Unbelievable!
If you want this thread bumped from time to time, Dirty, I can always find something of interest!
I'm always on the look-out!
http://www.gamblingiq.com/forum/online-gambling-general-discussion/...
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Permalink Reply by dirty on
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From SBR...they are making Progress
09-02-2008, 05:19 PM #103 (permalink)
JoshW
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Join Date: 08-10-05
Posts: 2,570
All the player complaints we have been getting have been getting quick responses from Bodog. Most people have been paid or have firm tracking numbers. Anyone who is having issues with bodog or having trouble getting paid, please submit a complaint request to us here: http://www.sportsbookreview.com/Spor...Complaint.aspx
If you have submitted an issue to us on bodog and haven't heard back email me at josh@sportsbookreview.com. I had my computer crash this weekend, so is possible one or two emails could have been lost.
JoshW's SBR
Bodog: The End of an Era - Page 3 - Sports Handicapping - Sports Be...
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Permalink Reply by dirty on
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This Whole thread in the link Below is amazing. It starts here on page 3 but read the whole thing
It isn't just Ayre who is the crook. The whole management culture is one of sleaze!
http://www.discovervancouver.com/forum/worked-working-Riptown-t8285...
Peter Karroll, Jim Phillips, Arron Gould, lawyer Bryce and even Peter's daughter Riley are seedy characters....crooks.... I'll save the expletives since everyone else has done a good enough job with that. Plus, these people make themselves look bad on a daily basis just fine. Anyone doing business with these people should know they do not honor contracts and if they do pay up it is like pulling teeth. I have personally seen them hire developers to create their entire back end software to run one of their sites and then turn around and screw them out of tens of thousands of dollars in pay.
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From Poster Wise Guy at Gambling IQ
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Default Bodog
Quote:
Originally Posted by Brunhuber View Post
This Wise- guy is a wise guy!
Thanx Brunhuber. I’m glad you liked my post. In their defense, EOG has allowed the many negative posts about Bodog to remain available for reading in the EOG forums. So props to The Shrink.
For those who dispair of ever getting their money from Bodog, there is a glimmer of hope, although the light gets dimmer with each passing month. I have been attempting to get my funds out of Bodog for a long time, and I was receiving payments from time to time in 2007 and early 2008. In April 2008, I requested (and was approved for) my last payout (an amount under $3,000) from Bodog. And I just received that cheque via Fed Ex. So, the actual time required to receive a payout from Bodog is now 5 calendar months (April to September in my case).
Do not for one minute believe the bs that Bodog will try to feed you about 40 business days. That is just silly. Nobody gets a cheque payout from Bodog in 40 business days in the Autumn of 2008. For all of you who are lurking in the GIQ forums and have money at Bodog, begin to demand your money now. You do not want to get caught up in the mad dash for the exits after Superbowl. If Bodog is still in business in March 2009, you can expect to wait a minimum of 6 calendar months for your money.
To all lurkers, be aware that Dirty and the General are telling you the absolute truth. We all hope that Bodog gets rid of its present management, consolidates operations in either Antigua or Costa Rica and gets their act together, but don't hold your breath waiting for that to happen. There are lots of good books out there that will not slow pay you and stiff you. Just click on "sportsbooks" at the top of the home page at GIQ for more information.
I am a real person. I am a real gambler. And I have bookmaking experience in Las Vegas. I have no ax to grind. I am simply telling you that Bodog is (at present) one huge mess that you want no association with.
P.S.: I hope the cheque doesn't bounce because I already sent that money to Pinnacle.
Bodog Thread
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Pier0 at OGD........
Today, 01:06 PM
Post #68
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QUOTE
It will be interesting to see what kind of presence Bodog will have this year at CAP Euro (later this week in Barcelona). They generally have the biggest booth and throw the nicest parties, but I haven't heard anything from them so far this year.
They didn't have a booth or any kind of presence at the show. As a matter of fact two of their former affiliate managers that were generally representating the company at the European shows were in Barcelona today, but without a job.
From what I've heard in the last few days Malta and the UK said no to Bodog (again), so I guess their move to Europe doesn't look too good.
http://offshoregamblersdigest.com/Gambling-IQ-Commentary-t55589.htm...
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Permalink Reply by dirty on
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BodogLife.com Complaints Mount: Slow Pays Continue
Submitted by C Costigan on Tue, 09/30/2008 - 10:35.
Customers are getting paid albeit slowly....very slowly. As Gambling911.com continues to report, BodogLife.com (Bodog) continues to suffer from processing woes that have hit the entire online gambling sector hard in recent years. But Bodog, which had a large chunk of its money seized by the Department of Justice this summer, has had an especially tough time of late.
"Processors won't go near Bodog," one industry source told Gambling911.
Much of the industry has been working with smaller processors who are taking on clients via a referral basis. Some are able to handle mid to large size operations. Bodog is considered a large operation by industry standards.
For its part, BodogLife.com has been able to find new outlets for deposit methods. Online gambling affiliates reported upwards of 50 percent conversion rates over the lsat month.
The problem: Retaining these customers. Bodog Poker, as an example, continues to lose market share. The industry's second largest online poker room, Full Tilt Poker, now has 10 times the number of active real cash players on average.
In recent months, Sports Book Review, has dropped its rating on Bodog from "A" to "C" and is said to be considering another downgrade.
"At this point Bodog is simply telling us that everyone is in line for payout and they will pay as fast as their processors can put out payments. Unless a player has made person to person transfers as the primary deposit method, and is a long time customer, p2p isn't being offered as a withdrawal payout," the website reports.Customers on that site have pointed to a method for receiving a more rapid payout, though they warn of steep fees associated with that option.
----
Christopher Costigan, Gambling911.com Publisher
BodogLife.com Complaints Mount: Slow Pays Continue | Gambling911.com
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Form 2+2 Via OGD
Over at 2+2
QUOTE
QUOTE
Originally Posted by WhoIam View Post
I just read the last 100 posts and didn't see my issue addressed. Can someone briefly explain what if any qualifications there are for WU cashouts? I played quite a bit on Bodog 2-3 years ago and someone recently told me they offered WU cashouts. I emailed them regarding this and they said that this option was not available but someone would email me once my new address was verified. I assume this is a "nudge-nudge wink-wink" type thing. I saw people mention making 3 deposits and $50 fees but would appreciate it if someone would clarify.
LMAO they have no qualifications plain and simple. Bodog is trying to keep money in their site. They don't want a mass exodus of regulars at a time when the overlays are as big as ever, even after they cut down the amount on their daily guaranteed tourneys over the last year or so. With the payment problems and after the feds seized alot of their cash flow, they know the smart regs are trying to take their money and run straight to FTP and Stars.
The guy on the phone straight up told me WU is not an option for me because I would be using it to withdraw and not deposit, and they aren't concerned with that. That is a f***ing joke. If this was an honest company I would have the same payout options as my friend who lives down the street from me who plays on Bodog, but I don't, probibly because he is a loosing player and I'm not. He has never used WU but he has the option hahaha. I used rapid transfer almost on a weekly basis before they canceled the option. You cannot justify this to me any other way, something unethical is going on.
If it will hurt them to take your roll off the site, they won't give you anything other than snail mail check as an option. Merry Christmas time when you get it, and if you've been a good boy hopefully it won't bounce.
Gambling IQ
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Bodog Loses Trademark Dispute on Appeal: Lower Court’s Ruling Affirmed
Submitted by Guest on Wed, 10/08/2008 - 23:06.
Bodog
1st Technology , LLC today received an affirmance of last year's rejection of all attempts to set aside the judgment against Bodog.com, Bodog.net, and Bodog Entertainment Group S.A.
Judgment was entered against the Bodog entities on June 13, 2007, in the amount of $46,597,849. Despite a vigorous appeal by Bodog's counsel, Bodog's attempts to overturn the ruling from the District Court of Nevada's Judge Hunt were fruitless, and the Court of Appeals for the Federal Circuit today affirmed the lower court's ruling. With interest, the amount due 1st Technology from Bodog now exceeds $50 million.
1st Technology's CEO Dr. Scott Lewis emphasized the importance of the ruling, stating, "We cannot be more pleased. Bodog has consistently tried to circumvent the United States justice system, and disregarded the legitimacy of our claims against it. We now have the certainty we need to accelerate our seizure of any and all global assets to satisfy the judgment, and bring fairness and respect back to Bodog's commercial dealings. I am also pleased that those companies operating in the U.S. or serving U.S. customers via the Internet are not above the law."
The Chicago-based law firm of Flachsbart & Greenspoon, LLC won the appeal for 1st Technology in Appeal No. 2008-1132.
Today's affirmance follows a victory in the District of Western Washington last Friday. The Court granted significant parts of a preliminary injunction to halt any transactions or transfers of Bodog's trademarks. The co-pending lawsuit in Washington seeks (among other claims) to undo conveyances among defendants Bodog Entertainment Group S.A., Bodog IP Holdings Ltd., and GK World Link Telecom S.A. Both Flachsbart & Greenspoon and Venkat Balasubramani represent 1st Technology in Case No. 08-CV-872 in the Western District of Washington.
About 1st Technology
1st Technology LLC is a leading technology company with a patent portfolio of advanced Internet and multimedia innovations. In addition, 1st Technology is active in software development and the commercialization of new technology. 1st Technology is headed by Internet pioneer Dr. Scott Lewis who led the development of the world's first single integrated circuit chip with on-board video and audio compression, advanced adaptive digital signal processing technology at Oxford University, and introduced multiple broadband Internet and multimedia technologies. Among 1st Technology's licensees are many industry leaders active in high performance multimedia applications.
About Dr. Lewis
Dr. Lewis received his B.S. and M.S. at the Massachusetts Institute of Technology, his doctorate from Oxford University as a Marshall Scholar, and an M.B.A. from Harvard Business School.
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Bodog May Lose Domain Name Again
Submitted by C Costigan on Fri, 10/17/2008 - 01:07.
One of the big stories last year was Bodog.com losing its domain name following a much publicized trademark dispute.
It was just last week that the company lost its trademark case on appeal.
Floundering and left for dead, Bodog had managed to get its site back onto web search after switching to the BodogLife.com domain name.
Now they stand to lose that domain name as well.
A Kentucky circuit court ruled on Thursday that BodogLife.com and 140 other Internet gambling domain names will be turned over to the state unless owners are willing to appear in court on November 17 to show proof that they have implemented geo-targeting software that blocks out Kentucky residents.
Ironically, it was just three years ago that Bodog founder Calvin Ayre spent millions via promotions at Kentucky Derby. Back then, when Ayre was running the company, he would have probably had no qualms about appearing on Bodog's behalf.
Today, nearly every online gambling operator is fearful of stepping foot in the United States, and with good reason. Ayre and others are widely believed to have their names on US Government "watch lists".
The chances of Bodog having someone appear on their behalf in an "ownership" capacity may be more likely than with other Internet gambling sites it seems.
Last year, Ayre turned over ownership of Bodog to a Kahnawake company that has since been running the online gambling firm into the ground, slow paying players and screwing numerous vendors. Nonetheless, Kahnawake representatives could be more inclined to appear in Kentucky, representing a sovereign nation.
It was not immediately known whether BodogLife.com's registrar would comply with the Frankfort Kentucky circuit court judge's order.
BodogNation.com, which acts as a search engine ranking tool for the company, is not named in the complaint and should be able to function as usual.
Slowdog.com might work.
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Christopher Costigan, Gambling911.com Publisher
Bodog May Lose Domain Name Again | Gambling911.com
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