QUESTION: SHRINK/MODS/RX REGARDING PLAYER PROTECTION

docdekay · May 6, 2004

Let me preface this by saying that I am not trying to sling mud or start a problem.

I am writing to find out why the Rx is the only watchdog/forum/community left which doesnt have a protection mechanism in place for its members. OGD is ensuring funds via an escrow, MW is securing funds for active forum members(as a matter of fact the level of protection has escalated from $500 to $1000 in the past month), and SGA has a program in place whereby players are protected by a pool of books in the event one member becomes insolvent.

The most disheartening part is that that there is some redundancy between Rx advertisers and those at the other sites: royal, cascade, betmill...

Should I continue?

So I ask, why is it these other sites have made a concerted effort in securing players' funds while the Rx has not? This is a genuine question and not an attempt to stir trouble.

docdekay · May 6, 2004

Let me add that I am aware how much General has done for certain players. I certainly commend his efforts but this should not eclipse the fact that there is no formal layer of protection in place from Rx.

JimFiestSux · May 6, 2004

The Rx is in a class by itself! No need to offer members any insurance this is a sports forum not a guarantee of your funds site! These other sites are trying to get members by offering guarantees! Wait till a few go under and lets see what happens! RX rocks! Mods here are the best !!

docdekay · May 6, 2004

Good answer. I wish I came up with that one myself.

OMNIVOROUS FROG · May 6, 2004

Player protection, what a concept. From my experience this offshores generally protect the industry by helping or buying those troubled books. And I feel this forum is a great watchdog but as far as protection, how would it work? Always open to new ideas, tell me more please. Best Wishes...OF

docdekay · May 6, 2004

OF

http://forum.offshoregamblersdigest.com/index.php?showtopic=14347

http://www.majorwager.com/insurance.html

http://www.securegamingalliance.com/about.html

This is what is currently being offered as protection. The actual methods vary, but they essentially all perform the same function.

JudgeWapner · May 6, 2004

Doc,after the Bet Panam thing,it should be considered.

OMNIVOROUS FROG · May 6, 2004

Sounds good to me. Might only protect one frog leg, but better than nothing. Very surprised Royal, who was struggling to pay me timely is involved. I like the automatic escalation on late payments. Never had a book worth anything go el foldo on me. If I had a vote, I would vote YES. Best Wishes...OF

docdekay · May 6, 2004

Judge,
Certainly. I wasnt affected by the panam debacle but I know some OGD guys were able to recover some of their $$.

OF,
For the most part, these programs are designed to help smaller, recreational players. A condom with a hole in it is better than no condom at all.

JudgeWapner · May 6, 2004

Doc,lol.Good analogy.

TheGeneral+ · May 6, 2004

I will assure this gets to the attention of Marty & SHRINK. Other than, it is outta my hands.

Good luck and thanks for asking.

assassin · May 6, 2004

I wouldn't hold my breath Doc.
But anything is worth a shot.

Good luck

Journeyman · May 6, 2004

Omnivourous Frog deserves an Rx Shirt for his contributions, congrats sir...

Other past Newcomer Poster of the Month Winners ;

HamNEggs (long time ago)
Mr Jones
SportSavant
Barman

Keep up the good posts sir, enjoy the shirt!

Journeyman · May 6, 2004

wrong thread...ooooooops!

QUESTION: SHRINK/MODS/RX REGARDING PLAYER PROTECTION

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