Crappy News For Bodog Players

[statedogg 0]

Do you have any idea how big the WU fees are? Im guessing around 10%?

I looked at them but I dont remember. You can see them if you sign in and request a payout via money transfer, then click the link in the statement saying that "Bodog only covers fees for one a week..click here to see fees." or something to that effect. I went back and tried to request another payout, but now I get a message saying I have to cancel my pending payout or wait until its processed to request another.I don't really think the sky is falling, but when checks by mail weren't offered anymore and with out neteller to move money from site to site I got worried.

[CobaltBlue 662]

All of a sudden cutting out just about every possible withdrawl option is scaring me.

Well, worst case scenario seems to be that the money might take a little longer to withdraw. 99.999% unlikely that they just "take the money and run". They're a big enough corporation and have enough brand recognition that it'd be a ridiculously stupid move. Someone bigger would certainly step in to cover if they ran into problems.Also, they've generally had the policy that your deposit method is also your only withdraw method...at least I found that to be the case.Let me add that they just upped the $100k Sunday to $200k next weekend...I really don't feel like they'd do that if they were in "panic" mode.

[Teck_72 0]

Anyone here use TCF bank debit card? I want to deposit some money on bodog, yeah yeah I know everythings going to **** but I still want to play poker.

[HoosierAlum 0]

Well, worst case scenario seems to be that the money might take a little longer to withdraw. 99.999% unlikely that they just "take the money and run". They're a big enough corporation and have enough brand recognition that it'd be a ridiculously stupid move. Someone bigger would certainly step in to cover if they ran into problems.Also, they've generally had the policy that your deposit method is also your only withdraw method...at least I found that to be the case.Let me add that they just upped the $100k Sunday to $200k next weekend...I really don't feel like they'd do that if they were in "panic" mode.

As for the 100k being doubled...they had been planning on this for at least 2 months, so if they didn't increase the guarantee many players would think something was fishy.I agree that it is highly unlikely they will default on payments. However I do think the chance is much greater than .001%. Unfortunately they aren't a "big corporation". They are a PRIVATELY held online sportsbook/poker room who allegedly might have liquidity problems. To dismiss the rumors wouldn't be very smart imo..... You say someone bigger would step in and cover if they ran into problems...can you give an example of who/what type of company would step in and make good if they defaulted?If this was a public company (i.e. Party Poker) I would be 99.999% certain that I would get my $. However, this is a private company who re-invests the deposits and doesn't keep them in a bank ala PokerStars. Logically, you would have to say there is a greater than 1% chance they will default.

[erac22 0]

Here's an idea, who knows how to program, doesn't give two sh.its about ever returning to the UNited States, and wants to make a boatload of money? we could move to Antigua, create a money transfer site that only deals with the US pokerrooms, and charge 1% juice on all transfers. F.uck poker, ewallets is where the money's at. WHose with me?

[erac22 0]

As for the 100k being doubled...they had been planning on this for at least 2 months, so if they didn't increase the guarantee many players would think something was fishy.I agree that it is highly unlikely they will default on payments. However I do think the chance is much greater than .001%. Unfortunately they aren't a "big corporation". They are a PRIVATELY held online sportsbook/poker room who allegedly might have liquidity problems. To dismiss the rumors wouldn't be very smart imo..... You say someone bigger would step in and cover if they ran into problems...can you give an example of who/what type of company would step in and make good if they defaulted?If this was a public company (i.e. Party Poker) I would be 99.999% certain that I would get my $. However, this is a private company who re-invests the deposits and doesn't keep them in a bank ala PokerStars. Logically, you would have to say there is a greater than 1% chance they will default.

Calvin has more money than god. I think he could always aid in a bailout.

[HoosierAlum 0]

Calvin has more money than god. I think he could always aid in a bailout.

"could" is much different than "would"

[statedogg 0]

Calvin has more money than god. I think he could always aid in a bailout.

I think Calvin and Bodog are the same financial entity.

[silkyjonson 1]

You know I have always had a thought in the back of my mind about bodog being a little shady, not allowing Canadians kind of made me a little skeptical I mean it really doees'nt make any sense. Why would you not allow Canadians when they should be one of their biggest markets and we have no laws against it. On top of that Ayre is Canadian, and I'm not sure 100% but I'm pretty sure they have operations running out of Canada, as when I called their support they sounded like they had Canadian accents. Also I met a guy who worked for Bodog and I asked him why they did'nt allow Canadians and he said "Calvin does'nt want to mess with the RCMP" (which is the Canadian FBI) which sounded a little funky to me. There may be some reasonable explanation to this, but I still am a little skeptical. I don't know if there are valid reasons to be worried but regardless Im going to limit my roll on Bodog just in case to 2k and below if possible.

[iggymcfly 0]

What I saw on 2+2 is that the fees are something along the lines of $180 on $3,000 withdrawn. I don't think Bodog's going to completely default, but I do think that this is a very risky situation. I think there's a 2-5% chance that if you don't get your money out by the Super Bowl, it's going to be stuck for months if not forever. I've currently got 28K in my Bodog account and I find this very worrying. I just faxed in address change papers today since I never bothered with those before and then I'm going to try to get my money off there as soon as I can.

[silkyjonson 1]

after all of that though they are making tons of money through their sportsbook imo and casino and poker are'nt doing that bad either.

[Kei 0]

Bodog has been one of the largest online sportsbooks (if not the largest) for over a decade. Your money is safe.

[statedogg 0]

Bodog has been one of the largest online sportsbooks (if not the largest) for over a decade. Your money is safe.

True, but I'd guess alot of the sportsbook action is American players also, and they'll be having the same issues with deposits.

[PositionPlayer 0]

I'm sure I'm a little guy by their standards but I probably made about $10,000 in the last 4 months between poker and sports betting and I loved being able to seamlessly move the cash in and out of my checking account. This farking blows.

[CobaltBlue 662]

Unfortunately they aren't a "big corporation". They are a PRIVATELY held online sportsbook/poker room who allegedly might have liquidity problems. To dismiss the rumors wouldn't be very smart imo..... You say someone bigger would step in and cover if they ran into problems...can you give an example of who/what type of company would step in and make good if they defaulted?

They've had nationally broadcasted programs, they have a music label, they sponsored the CP POY gala last year, they just acquired/took over a smaller (but not small) sports betting site like a month ago. The fact that they're doing takeovers implies to me that they're not particularly small. I remember thinking the situation was much sketchier when they originally opened their poker room.As for someone taking over, one of the other big poker sites would probably love to grab their traffic if they could. Or another corporation that was interested in acquiring a large sportsbook/poker/casino without having to go through the trouble of building one from scratch (building a brand, user base, and all that).

[HoosierAlum 0]

They've had nationally broadcasted programs, they have a music label, they sponsored the CP POY gala last year, they just acquired/took over a smaller (but not small) sports betting site like a month ago. The fact that they're doing takeovers implies to me that they're not particularly small. I remember thinking the situation was much sketchier when they originally opened their poker room.As for someone taking over, one of the other big poker sites would probably love to grab their traffic if they could. Or another corporation that was interested in acquiring a large sportsbook/poker/casino without having to go through the trouble of building one from scratch (building a brand, user base, and all that).

Yea I agree, in the online gambling world, they are one of the biggest players. Still, no gambling site should be considered a "big corporation" simply because there aren't any currently involved with online gambling.Im going to have to disagree with you about another poker site taking over their payments if Bodog defaults. Basically the only bigger sites are Stars and Full Tilt, and it wouldn't make sense for them to take over the payments if Bodog didn't make good. Any player that was potentially screwed by Bodog would never play on that site again, and would do one of two things: Stop playing altogether or just move on their own to either Stars or FTP. There would be no incentive for a major site to take over the defaulted payments.Anyway, this is all rumor and speculation, but I don't think you should dismiss the fact that defaulting is possible.

[makeyourself 0]

Hmmm I must say generally I really don't envy the position you USA people have been put in. Quite honestly it seems just unreal from my view across the pond, given the amount of people that play.As for Bodog, how long have you known they re-invest thier profits and not store them. I only ask this because Pokerstars make a big deal of saying all money is stored in banks etc. and I do sometimes play on Bodog but was not aware of what you said.If I had known that I really wouldn't have put 1c into thier site just due to the sheer predicament poker has been in for the past year. I doubt you won't get your $, but on the other hand I don't think you will get it anytime soon. As stated before I think that its just a temp measure till the smoke clears, if a company really was in trouble they would stop the europeans from playing etc. and stop ALL transfers. From what I gather you can still withdraw, but via certain methods.

[Teck_72 0]

I cannot find a way to get money on there instantly. It wont accept my deposit, and all the other options take like 5-10 business days. All I want to do is play tonight =/

[HoosierAlum 0]

I don't want to start another thread so I will just ask here:Is there ANY WAY I can withdraw $ from Full Tilt right now? It doesn't list check withdrawl as an option....it says epassporte or click2pay? For some reason why I try to open a click2pay account it says my IP address is outside of the US..LOL, and their support # is busy.As for epassporte, I don't think it is possible to withdraw large amounts of $ into your account? Am I correct? I am very unfamiliar with this so if someone could help me out I would appreciate it.So frustrating I LITERALLY CANNOT GET MY $ OUT OF ANY SITE BUT STARS! I seriously havent been on tilt this bad in a looong time.

[dookie 0]

heres a guy that make BIg money playing online poker and he sounds just like the retards that ask a million ?s about the stupidiest possible things.just go withdraw your money and quit with the PRE whining ...whine if they dont pay u big pansy geezzznone of you poker players have any classshow some class and handle your business you want followers and railbirds and everyone to know your business nobody needs to see you crying before u even get stiffed Bodog has more money than GOD as does Pinnacle so u might have to make mutiple withdrawls to get ALL you Money out what a huge problem u sound like a little ***** if u wanna know and if u didnt wanna know u do anyway

[HoosierAlum 0]

heres a guy that make BIg money playing online poker and he sounds just like the retards that ask a million ?s about the stupidiest possible things.just go withdraw your money and quit with the PRE whining ...whine if they dont pay u big pansy geezzznone of you poker players have any classshow some class and handle your business you want followers and railbirds and everyone to know your business nobody needs to see you crying before u even get stiffed Bodog has more money than GOD as does Pinnacle so u might have to make mutiple withdrawls to get ALL you Money out what a huge problem u sound like a little ***** if u wanna know and if u didnt wanna know u do anyway

http://secure.hop.com/index.cfm?AFID=10&redirCampID=27

[No_Neck 0]

Silky the reason that they don't allow canadians IMHO is because they run operations out of canada. Just a theory.

[ColeSLaw 0]

My great granpappy had a name for this situation...BANK RUN!!!!!!!

[ScreenDreams 0]

heres a guy that make BIg money playing online poker and he sounds just like the retards that ask a million ?s about the stupidiest possible things.just go withdraw your money and quit with the PRE whining ...whine if they dont pay u big pansy geezzznone of you poker players have any classshow some class and handle your business you want followers and railbirds and everyone to know your business nobody needs to see you crying before u even get stiffed Bodog has more money than GOD as does Pinnacle so u might have to make mutiple withdrawls to get ALL you Money out what a huge problem u sound like a little ***** if u wanna know and if u didnt wanna know u do anyway

He just tells it like it is. LOLPPL instead of trying to find answers here. (which common sense will inform you that majority of ppl on here have no clue either)Go, contact your source for questions email/call/ or use there live chat if they have it available.

[RDog 0]

heres a guy that make BIg money playing online poker and he sounds just like the retards that ask a million ?s about the stupidiest possible things.just go withdraw your money and quit with the PRE whining ...whine if they dont pay u big pansy geezzznone of you poker players have any classshow some class and handle your business you want followers and railbirds and everyone to know your business nobody needs to see you crying before u even get stiffed Bodog has more money than GOD as does Pinnacle so u might have to make mutiple withdrawls to get ALL you Money out what a huge problem u sound like a little ***** if u wanna know and if u didnt wanna know u do anyway

Ummmmmm........GTFO. That is all. Wait...no it isn't......GFY too.