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I owe a bookie 5k, any suggestions what to do?

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Posted: #26

well getting on your knees might help you get out of it for 1k but than youd still owe him 4k so idk

 
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Posted: #27
Run!!!!!!!
 
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Posted: #28
Pay up
 
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Posted: #29
Bet More
 
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Posted: #30
Call Brandon Lane/Link/Lang.... (whatever his real name is) and ask for a bailout parlay.
 
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Posted: #31
Quote Originally Posted by astros148:

so short story i started using this bookie and i lost 900 the first week and paid up, this week i started taking bets for ohter ppl and used my limit and the people lost and left town. and now im stuck with a 5k debt, and i dont mind paying but should i ask for pay in payments

i call horse garbage on this debt being from others you placed bets for...be a man and pay your debt
 
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Posted: #32
Skip town like your friends
 
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Posted: #33
I'm willing to bet, your friends didn't even bet through you.   You made the bets yourself and lost, and now you have to lie to hide your own stupidity.  I don't where you're at, but hopefully you aren't somewhere where bookies will come after you.    but yeah.  STOP GAMBLING.
 
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Posted: #34
I remember those days all to well. my one piece of advice would be that when this is all straightened out one way or another (which it will will be sooner or later, sorry to say), just remember how terrible you feel right now and use that as motivation to not put yourself in a situation like this ever again.
 
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Posted: #35
he's looking for someone to assure him that he can stiff and not take a beating....i hope he behind reams you.
 
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Posted: #36
so what happened
 
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Posted: #37
it's 2013. don't pay. if he shows up at your door or starts calling you a lot, let the police know. if he continues to show up, defend yourself. 

any bookie that lets their customer bet at all without some sort of initial payment is a fool. they chose to extend you a line of credit you can't pay. doesn't show much integrity, but i'll sacrifice that any day of the week to not owe a penny. 
 
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Posted: #38
Quote Originally Posted by warbpark22:

it's 2013. don't pay. if he shows up at your door or starts calling you a lot, let the police know. if he continues to show up, defend yourself. 

any bookie that lets their customer bet at all without some sort of initial payment is a fool. they chose to extend you a line of credit you can't pay. doesn't show much integrity, but i'll sacrifice that any day of the week to not owe a penny. 

This same sort of mindset is the reason so many Americans defaulted on their mortgages. They knew they were taking on a loan they couldn't afford to pay off and still did it. Thank you for providing such sound advice. 

If you owe a debt. Just pay it. Even if it's 100-200 bucks a month. But you must pay it. 
 
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Posted: #39
Quote Originally Posted by DallasCapper:


This same sort of mindset is the reason so many Americans defaulted on their mortgages. They knew they were taking on a loan they couldn't afford to pay off and still did it. Thank you for providing such sound advice. 

If you owe a debt. Just pay it. Even if it's 100-200 bucks a month. But you must pay it. 

thisss

 
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Posted: #40
Quote Originally Posted by DallasCapper:


This same sort of mindset is the reason so many Americans defaulted on their mortgages. They knew they were taking on a loan they couldn't afford to pay off and still did it. Thank you for providing such sound advice. 

If you owe a debt. Just pay it. Even if it's 100-200 bucks a month. But you must pay it. 

should pay? debatable, but i'll agree with that if you're a person who values his word. must pay? absolutely not. a debt with a bookie is not legally enforceable; you do not [b]have[/b] to pay anything. granted, you're subjecting yourself to the wrath of said bookie but, again, it's 2013. a bookie isn't going to kill you over $5k at the get-go, so they're going to intimidate you or start small with you physically or your property. the moment they instigate, i'm either calling the police or taking care of it myself. 

you have to look at it the same way if your bookie owes you $5k, though. you can't legally enforce the debt, so what are you going to do? you can intimidate the bookie or try and mess with him, but that puts you on the wrong side of the law as well. it's a grey area.

people like to throw around phrases like "you deserve your kneecaps broken if you don't pay your bookie. you're a scumbag. you lack honor." newsflash: it's illegal underground betting. both the bookie and the bettor are shady. it's [b]awesome[/b] if you collect from your bookie just as it's great for him if you pay up when you're down, but it's a little bit of a mexican standoff until the aggressor makes a move, at which point they become the villain. 

don't pay. 
 
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Posted: #41
Quote Originally Posted by warbpark22:


should pay? debatable, but i'll agree with that if you're a person who values his word. must pay? absolutely not. a debt with a bookie is not legally enforceable; you do not [b]have[/b] to pay anything. granted, you're subjecting yourself to the wrath of said bookie but, again, it's 2013. a bookie isn't going to kill you over $5k at the get-go, so they're going to intimidate you or start small with you physically or your property. the moment they instigate, i'm either calling the police or taking care of it myself. 

you have to look at it the same way if your bookie owes you $5k, though. you can't legally enforce the debt, so what are you going to do? you can intimidate the bookie or try and mess with him, but that puts you on the wrong side of the law as well. it's a grey area.

people like to throw around phrases like "you deserve your kneecaps broken if you don't pay your bookie. you're a scumbag. you lack honor." newsflash: it's illegal underground betting. both the bookie and the bettor are shady. it's [b]awesome[/b] if you collect from your bookie just as it's great for him if you pay up when you're down, but it's a little bit of a mexican standoff until the aggressor makes a move, at which point they become the villain. 

don't pay. 

Yes and just as smart as you think you are bookies have evolved too. Instead of breaking kneecaps I've heard of bookies that have cost players their jobs. Do you really want your bookie calling your boss every hour for a month straight saying "It's John Smith's bookie, he owes me money. Put him through if you don't want to get involved." 

I've heard of bookies getting players that don't pay get audited with the IRS (Of course this new evolved bookie claims all his earnings on his bookmaking business and pays Uncle Sam) See IRS form 3949A. Or even better if the bookie has an in with the IRS.

And the real legit bookmakers, have cops on their payroll. So when off duty officer McCloskey catches you on your way home one night and breaks your kneecaps and your teeth in. What are you going to do then?

Calling the police is not your saving grace. A lot of times the police won't pursue someone that beat your behind without substantial proof. And it's unlikely you'll be able to identify the bookmakers muscle and it will be even more difficult to make the connection to the bookie because unless you have proof that he threatened you. You're garbage out of luck. Good luck getting a warrant for a wire tap or even an arrest on a bookie. Law enforcement now-a-days has turned their attention to street drugs and narcotics. 

Now all of the above implies that you're dealing with a legit bookmaker that has dotted his i's and crossed his t's. But you could not be more wrong about not paying. Pay your debt!
 
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Posted: #42
For those of your that need a web address to form 3949A:

https://www.irs.gov/pub/irs-pdf/f3949a.pdf
 
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Posted: #43
Jim Ryan.......is that you???
 
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Posted: #44
Quote Originally Posted by DallasCapper:


Yes and just as smart as you think you are bookies have evolved too. Instead of breaking kneecaps I've heard of bookies that have cost players their jobs. Do you really want your bookie calling your boss every hour for a month straight saying "It's John Smith's bookie, he owes me money. Put him through if you don't want to get involved." 

I've heard of bookies getting players that don't pay get audited with the IRS (Of course this new evolved bookie claims all his earnings on his bookmaking business and pays Uncle Sam) See IRS form 3949A. Or even better if the bookie has an in with the IRS.

And the real legit bookmakers, have cops on their payroll. So when off duty officer McCloskey catches you on your way home one night and breaks your kneecaps and your teeth in. What are you going to do then?

Calling the police is not your saving grace. A lot of times the police won't pursue someone that beat your behind without substantial proof. And it's unlikely you'll be able to identify the bookmakers muscle and it will be even more difficult to make the connection to the bookie because unless you have proof that he threatened you. You're garbage out of luck. Good luck getting a warrant for a wire tap or even an arrest on a bookie. Law enforcement now-a-days has turned their attention to street drugs and narcotics. 

Now all of the above implies that you're dealing with a legit bookmaker that has dotted his i's and crossed his t's. But you could not be more wrong about not paying. Pay your debt!

Harassment and involving a third-party individual/potentially an entire company in a gambling debt? Of course bookies do this; this is also the quickest way for a bookie to land himself in jail for a while. It's no longer an issue of whether or not the bettor owes an unenforceable debt; you've now subjected a multitude of individuals to your fear mongering. As the bettor's employer, I'm not taking some bookie's word for the legitimacy of a debt, but I'm also not going to stand idly by and be threatened.

I do not doubt that there are bookies with the police and IRS in their backpocket. However, this does not describe your average bookie. Your average bookie wants his money, but probably doesn't have more than a collector or two. For every big-time boss out there with whom I'd be nervous to make eye contact, you have a handful of small-time guys running operations. I assume that most people seeking advice regarding a gambling debt on an online forum aren't dealing with a bookie who pays taxes to the government, you know?

Picture a conversation with your bookie. If you can tell him straight to his face that you're just "betting with invisible money" and that you're not paying him while, for whatever reason, not being scared of potential repercussions... don't pay. However, if you're concerned about what might happen to you, then obviously it's time to beg for a payment plan.
 
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Posted: #45
Quote Originally Posted by warbpark22:


Harassment and involving a third-party individual/potentially an entire company in a gambling debt? Of course bookies do this; this is also the quickest way for a bookie to land himself in jail for a while. It's no longer an issue of whether or not the bettor owes an unenforceable debt; you've now subjected a multitude of individuals to your fear mongering. As the bettor's employer, I'm not taking some bookie's word for the legitimacy of a debt, but I'm also not going to stand idly by and be threatened.

I do not doubt that there are bookies with the police and IRS in their backpocket. However, this does not describe your average bookie. Your average bookie wants his money, but probably doesn't have more than a collector or two. For every big-time boss out there with whom I'd be nervous to make eye contact, you have a handful of small-time guys running operations. I assume that most people seeking advice regarding a gambling debt on an online forum aren't dealing with a bookie who pays taxes to the government, you know?

Picture a conversation with your bookie. If you can tell him straight to his face that you're just "betting with invisible money" and that you're not paying him while, for whatever reason, not being scared of potential repercussions... don't pay. However, if you're concerned about what might happen to you, then obviously it's time to beg for a payment plan.

Well if we're talking about an average bookie letting someone roll up a 5k debt without any knowledge of where they work or what they do for a living; to further validate that the player can afford to cover 5k, then this bookie is either very greedy or not very smart or both. I question the legitimacy of both parties involved in the equation. However, when it comes to any bookie with half a brain, a big-time boss as you describe him, pay your debt!
 
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Posted: #46
Quote Originally Posted by warbpark22:


Harassment and involving a third-party individual/potentially an entire company in a gambling debt? Of course bookies do this; this is also the quickest way for a bookie to land himself in jail for a while. It's no longer an issue of whether or not the bettor owes an unenforceable debt; you've now subjected a multitude of individuals to your fear mongering. As the bettor's employer, I'm not taking some bookie's word for the legitimacy of a debt, but I'm also not going to stand idly by and be threatened.

I do not doubt that there are bookies with the police and IRS in their backpocket. However, this does not describe your average bookie. Your average bookie wants his money, but probably doesn't have more than a collector or two. For every big-time boss out there with whom I'd be nervous to make eye contact, you have a handful of small-time guys running operations. I assume that most people seeking advice regarding a gambling debt on an online forum aren't dealing with a bookie who pays taxes to the government, you know?

Picture a conversation with your bookie. If you can tell him straight to his face that you're just "betting with invisible money" and that you're not paying him while, for whatever reason, not being scared of potential repercussions... don't pay. However, if you're concerned about what might happen to you, then obviously it's time to beg for a payment plan.

And I did not imply involving a player's boss. I was referring to the player's boss coming to his employee saying. "Do what you to do for these calls to stop or we're going to have a problem." Do you really want to be the reason your boss has to get law enforcement involved at your place of work because your bookie keeps calling for you to pay your debt? I doubt it. I've seen this tactic used and it has worked many times. NEVER once have I seen this result in a bookie's arrest. 

Secondly, the goal is not to pursue the player's boss for the money. Whether the guys boss thinks it's a legitimate debt or not the point is to make the guy pay so that the calls to his place of employment stop.
 
 
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Posted: #47
Quote Originally Posted by DallasCapper:


And I did not imply involving a player's boss. I was referring to the player's boss coming to his employee saying. "Do what you to do for these calls to stop or we're going to have a problem." Do you really want to be the reason your boss has to get law enforcement involved at your place of work because your bookie keeps calling for you to pay your debt? I doubt it. I've seen this tactic used and it has worked many times. NEVER once have I seen this result in a bookie's arrest. 

Secondly, the goal is not to pursue the player's boss for the money. Whether the guys boss thinks it's a legitimate debt or not the point is to make the guy pay so that the calls to his place of employment stop.

I understand what you're saying. You're obviously not going after the boss for the debt, but you're still calling someone's place of employment frequently. If the bettor is confident, they're going to tell their boss that the bookie is lying and feign something about being scared. Unless we're talking about a minimum-wage job here, the company is going to get tired of the phone calls very quickly and side with their employee over a complete stranger. 

If I let a guy borrow money from me legitimately and he doesn't pay me back, I'm going to get a knock on my door from someone sooner rather than later if I keep calling his employer to inform them that I am owed money. Also, any bookie who does this looks like a girl. Not that looking like a little girl isn't effective, I just know I couldn't take a bookie that tattles seriously. 
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