Two years after the Aces Gold Disaster, here is what I have learned....

Search

New member
Joined
Sep 20, 2004
Messages
1,835
Tokens
1) Charlie Thercocksucker is a total slimeball, and I am shocked that nobody has caught up with him.
2) When something appears too good to be true (No juice in the NFL) it always is too good to be true. I should have listened to my parents.
3) I will never keep enormous balances with ANY sportsbook
4) When somebody is popping off about a sportsbook being on the ropes I do my own due diligence as opposed to listening to a few people who may have an agenda
5) I stay with books that have treated my right over the years despite any negative press they may have received. (Pinnacle, Jazz, rio/skybook, Hollywood, Cascade, Cris are books that i have been with for almost 6 years and they have all treated my awesome!) If it ain't broke, why fix it.
6) I read what they say in the forums including Sportsbook Review, but I take it with a grain of salt favoring my personal experiences over conjecture.
7) I look for my own warning signs. Is a sportsbook slow paying ME as opposed to someone I hear about that may or may not be true.
8) I follow my gut instincts as opposed to allowing my greedy side to overwhelm me. In other words, during the Aces Gold collapse, I heard the stories about people getting slow paid, and didn't listen. Even the shrink broke a story a good 2 months before the collapse, and I didn't listen because my "greedy side" couldn't stay away from the "NO JUICE" HUGE NFL limits.
9) I have learned to talk to and listen to my friends during a time of crisis. Had I just listened to a few good friends who owned a couple of sportsbooks, I would have staved off the HUGE beat that I took at the hands of that scumbag. My real "friends" told me months before the collapse that I was an idiot to be there. The people who truly cared about me tried to help, and I didn't listen, hence the financial nightmare that i suffered.
10) I learned humility. After the financial loss that I took in that nightmare, I learned that I can take my ego and throw it into the ditch. I don't know any more than my friends, and when they talk, I now listen. When people talked about Jazz going under a year ago, I spoke to my friends, and they helped me make the right decision to stay with that company. When I heard stuff about Rio/skybook, I spoke to my friends and did my own research and decided to stay with that company. When Cascade had problems, I talked to my friends, and stayed with their company knowing that they had good people behind them. I now place greater creedence in the good people around me who want the best for me, and a lot less in my old "HUGE EGO", that got me nowhere.
Basically, I like a ton of other people in these forums got very very hurt by that disaster. I know this is the holiday season, and I am trying to remain positive. But to forget what happened and brush it under the rug would be very ignorant. We should all try to learn from that nightmare and help each other ensure that something like this never ever happens again.
1036316054.gif
 

New member
Joined
Sep 21, 2004
Messages
2,056
Tokens
Could someone please fill me in on the Aces Gold story. I know that they were a book that went under, but can someone recite the story as to what happened. Back then I wasn't on the boards and used only BOS.
 

ODU GURU
Joined
Feb 26, 1999
Messages
20,881
Tokens
Very well written WeekendAlki...

BTW, today is Saturday, so what are you drinking now?

Peteep,

I suggest you do a search on here and type in "Aces Gold..."

We have tons of posts that are all saved about what happened....

THE SHRINK
 

New member
Joined
Sep 21, 2004
Messages
2,056
Tokens
Whenever I do a search I get way too many hits to sift through. I was hoping someone would do the dirty work for me
icon_wink.gif
 

New member
Joined
Sep 20, 2004
Messages
1,835
Tokens
peteep, in a capsule, they were one of the biggest off-shore books in the world a little over 2 years ago. They literally had thousands of customers. In an attempt to corner the market they offered no juice in the nfl along with parlay payoffs that paid 20% higher than the status quo. Poor management, and zero ethics, along with too many wiseguys sunk them faster than the Titanic. the owner, charlie Therwanger abscounded with millions and millions of dollars of player funds before finally fleeing the country of Curacau. thousands and thousands of players got hurt by this scumbag, and he basically got away with no reprisal.
icon_frown.gif
icon_frown.gif
 

New member
Joined
Sep 21, 2004
Messages
2,056
Tokens
Thanks weekendali. How did the free juice work? Was it only one day of the week? I remember reading that they got hammered on the Rams-Titans superbowl since they left the line at 7.5 after everyone else moved it to 7.
 

New member
Joined
Sep 21, 2004
Messages
3,128
Tokens
A little off topic but still quite entertaining. Ole Charlie owned or still owns quarter horses and used one of the best trainers in the country John Basset http://www.gamblingmagazine.com/articles/48/48-454.htm

Seems ole John's is also a bad boy

Top Horse Trainer Suspended
By Pete Herrera

ALBUQUERQUE, N.M. (AP) - Top quarter horse trainer John Bassett is banned from racing in New Mexico for 45 days because a horse in his stable tested positive for cocaine last summer.

Bassett won last September's $2 million All American Futurity, quarter horse racing's richest race, with Ausual Suspect. He also won the race in 1999 with A Delightful Dasher.

Mega Dark, a 2-year-old quarter horse trained by Bassett, tested positive for two derivatives of cocaine - benzoylecgonine and methyl ester ecgonine - after finishing fourth in a race last June at Ruidoso Downs. The drug test showed the horse had 25 nanograms of benzoylecgonine and 14 nanograms of methyl ester ecgonine in his system.

As my dad use to tell me Robins don't fly with crows
 

New member
Joined
Sep 21, 2004
Messages
3,128
Tokens
The Rams -14 and the Titans +7.5 might have knocked Charlie out. It was the money from Miami -8 (Natinal Chps) when everyone else was -11 that he left town with
 

New member
Joined
Sep 21, 2004
Messages
542
Tokens
I heard that scumbag actually called people to entice them to bet more on that super bowl saying that he had chinese guys on the other side with big money. I hope he rots in hell.
chainsaw.gif
fin.gif
pow.gif
redflip.gif
guil.gif
microwave.gif
 

New member
Joined
Sep 21, 2004
Messages
375
Tokens
And the winner for the best mission statement of the year goes to............ WEEKENDALKI, and remember you are somebody!!!
 

The Great Govenor of California
Joined
Feb 21, 2001
Messages
15,972
Tokens
Texas is home of the thiefs, look at Enron and 90% of all oil people are thiefs.
 

New member
Joined
Sep 21, 2004
Messages
542
Tokens
Railbird, a lot of serious frieks and scum in Texas. Just look at all of the serial killers and all the other weird shit that goes on there. I have relatives in Texas, and know a lot of great people there too. But shit, they sure do spawn a lot of slime too.
 

Forum statistics

Threads
1,108,580
Messages
13,452,572
Members
99,423
Latest member
lbplayer
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com