BetEd and Your $$$$$$$$$$$$$$$$

This is the way I see it:

We all need to work hard together in unity to make sure we get our money back.  Yes it is easy to blame someone for our misfortunes, but I really doubt that Covers or BetEd wanted this to happen.  i do believe that Covers is gonna help us to get our $$$ back, but making derogotory comments about someone is not a very smart thing to do, cause they just might say screw us!

Now as far as the Goverment of the United States, and the prosecuters in Baltimore MD, they are just doing job!  Yes, BetEd made a costly mistake by doing illegal transactions there.  If this had not had happened we would not be having the trouble we are having now.

Now, as far as myself I had $725 in my account when it was seized by the Dep. of Justice.  I know that is not as much as a lot of you that had accounts with BetEd, but it was a lot of money to me.  I changed over from BetUs just a couple months ago to BetEd because a lot of people on here was complaing about BetUs no paying out in a timely manner or just not being paid and yes I did go by Covers rating of BetEd being there #1 sportsbook and a lot of people here bragging about them.  I also have never asked for a payout from BetEd. 

Now, for the ones here in the US that have been receiving payouts especially large ones and not paying taxes on it, you better hope to GOD BetEd run off with your money!  They did you a favor!

Lou, I know you have been workng hard on getting information, and I know you must be frustrated when someone tells you something that is not right, such as the customers money is secure.  I hold no ill feelings towards Covers or BetEd or any of you here on Covers.  I blame myself for making a bad decision!  I wish I would have pidked another book such as The Greek or Legends with a Grade A++ 

So now that has been said, instead of making excuses!  Lets find solutions to our problem?  What should we do 1st?  I have an idea and want to know what you all think?  Why dont we contact the Dept. of Justice and just simply ask about our $$$$$$$$ that was seized Monday and what they intend on doing with it?  Do we stand a chance of getting it back?  To me this is a business for me to make extra money to send my kids to college, because I can't afford to do it, cause i don't make enough because of all the taxes taken out and our suck ass economy we have right now!!!!!

So?  What do you all think of calling the them and just asking?  We do have that right!  Don't we?  They have not took our Constitutional Rights yet!

Lets hear what you think needs to be the solution to the problem and please Mods to your job and kick out stupid ass threads that are not helpful to us poor customers of BetEd.  Please No More Bashing of anyone!    Cool Heads will Prevail!  Thanks for reading my long ass post.

I continue to post this to try and get people to put this into perspective.

Here is how I accept this fate. It's only money

Imagine the horror the people of the south and the midwest are dealing with. Houses destroyed, life savings gone in a flash and worse of all losing family members before you had a chance to say goodbye.

Count your blessings and hug your family.

Once again, it's only money and that can be replaced.

Oh I totally agree with you on that.  This is a different subject.  about right and wrong.  It would be wrong for all BetEd customers not to receive there $$$$ back.  It would be right for all to get it back.  If not atleast do something good with all the money that has been sized and give it to victims of tornados or all the firefightes dying today from cancer due to 9/11.

Got proof?  I have proof that DOJ has seized all Beted banking accounts!  So how the hell could they run off with all the money?  If so do you believe that BetEd had no huge customers from where they are from that are not in the US?  They wouldn't run far i promise you that!  They will take care of business 

Anybody ever figure out what surgery the BetEd officail had????

just as soon as tis happened?  Nobody nows?

Is there anybody here from where beted is located?  that can tell us about what happens with your $$$$.  US can't seize their $$$$.  So if they did run off, they should very pissed!

This may help shed some light:

Gambling911.com has learned that BetED.com funds are indeed frozen in international bank accounts as part of the sting operation.  Whether all of these funds are tied up in these accounts remains debatable. 

Players will have the option to file claims with the US Attorney’s Office out of Baltimore, however, it could take months to recover said funds.

Gambling911.com will continue to alert readers of any further developments. 

- Christopher Costigan, Gambling911.com Publisher

I asked the question to make you think???  People get mad that are close to him and could have harmed him???  Makes sense to me.

BetED.com has confirmed to Covers.com that they have shut down their business. 

betEd is out of business. Period. There will be no alternate site launched. They came to this conclusion upon the recommendation of their lawyers.

And to top it off... the American authorities have seized ALL of the players money. There is no middle ground here. The money is gone until the authorities decide to give it back.

And before you blame betEd for this and make accusations that they have cut and run with the money, it is not so. Yes, they have cut, and maybe they plan to run, but they have no money. They are victims too. In fact, they are currently liquidating their personal assets to fund the lawyers fees they will soon be needing. I am sure nobody is interested in hearing about their problems right now, but I thought I would mention it before the rumors start.

This sucks. No doubt about it.

I agree...He does sound like a beted employee who just wants all these threads to go away.  I had $1530 with them and you better believe that is alot of money to me and without a doubt, I want to find a way to get it back.  Also, not for a minute do i believe that the govt seized all of beteds accts. 

Here is what I am speculating is gonna happen:

BetEd officials and their lawyers will have a court date soon. Hopefully the lawyers will ask for the money to be given back to customers and then they will settle with the US DOJ.  Might take a few court dates, but if they have lawyers BetEd is fighting for their customers and their business.  They will be back i am sure.  just dont know when.

Some of the responses in here are idiotic.

Put a band aid on that vagina of yours.

And why is that? I'm assuming you read the article on Gambling 911? It states that we will most likely get our money back (just as in the Netteller seizure in 2006) but it will take 9 months...

Or do you know something else? B/c i can't see how anything is "better" at this time?