Is there a designated area for discussing what to do <if anything> about BetEd folding?

uscmd · Jul 2, 2011

I guess they were involved in some sort of poker scam.

I took a break after the NBA finals, stopped by my 3 sites, only to find betEd has closed up. They claim the government seized their accounts so they can't pay account holders.

I've read that there are negotiations, where an existing sports book will honor the balances, in essence trading the money owed for a bolus of new clients.

My balance was high enough I'd hate to lose it, so any suggestions would be appreciated.

oldmanTED · Jul 2, 2011

uscmd

You can discuss it right here in the Offshore Forum. When they closed there were a number of threads discussing the issue. Bottom line. They are gone!

uscmd · Jul 2, 2011

Thanks Ted. Classic example of my taking a break from betting, after probably 3 years of playing every single day, at exactly the wrong time.

SBR reported a potential buyout, or bailout....where an existing book would honor betEds balances after a 3x rollover. No news on that since June 12th.

So given I only saw it, 2 hours ago, I guess the realization is just now sinking in. The cash is gone.

Is there a designated area for discussing what to do <if anything> about BetEd folding?

Search

uscmd

Member Emeritus

oldmanTED

Professional At All Times

uscmd

Member Emeritus

Forum statistics

Share this page