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shareholder in online betting company..

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Posted: #26
Maybe you could get a loan and use your investment in BetSafe as collateral?
 
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Posted: #27
i have tryed in the bank to get loan.. its so sickening as im stil worth a bunch of money but tied up in house and property and shares but they require a payslip.. didnt even get $20.000 even if im worth when everything counted up maybe $800.000 also as these stox isnt listed on the stock exchange i can use they as securitiy.. its illegal to give poker players and people without payslips loans over here as many banks have been burnt and sued after giving loan and people have busted out and blaiming the banks.. it will get easyer its just these days are a struggle and even i doesnt help on pushing people owing money.. i soon need to hire some god damn russians..
 
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Posted: #28
Good idea, thorpe. That might make it easier, as there will be more banks out there willing to shell out that type of cash than individual purchasers I would imagine.
 
Legend
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Posted: #29
ash -- How many owners are in betsafe?

Your best bet is to convince one of them to pony up the cash. If what you are saying is true, even if they are all leveraged, if it's a good investment they will find a way to take back your 5% because it will reap them significant dividends in the future.

Now, if none of them are willing to paying you low six figures for your six percent, that should tell you something.


 
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Posted: #30
75 owners or something.. i have spoken to many of them.. most of the investors are already bust and having day jobs only waiting for this company to pay off..
 
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Posted: #31
put it on ebay
 
Legend
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Posted: #32
ash -- what's betsafe's history? How long do you anticipate you would have to wait to be "paid off" from your investment? Shouldn't your initial investment be giving you some return on a regular basis in terms of the splitting of profits from betsafe?
 
Legend
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Posted: #33

Its interesting what you say about the poker world....

I have my own theories on it as well - I am not an expert - but Im not a virgin either....

I dont think there are many profitable poker players these days.  Maybe 10% of people that consider themselves pros acutally make money IMO.  Its a big farce.  Back in the "golden age" of poker (2000 - 2005), there was money to be made online - but with Neteller going away - all there is left are a bunch of "pros" who beat each other up and the house cleans up.

The guys you see online are all sponsored, and the good ones actually own stakes in the house - so they can make money.  It sounds like you got out at the right time.

Support your local animal shelter. I am on twitter.
 
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Posted: #34
started in 2005.. instant succses and great growth.. but been struggling and pumped out all profits on advertisment and promotions everyone that got in early and wanted out have already been paid of and the next possible thing to happen is listing on the stock exchange or buyout of a huge betting company as betsafe sneaks in on very valuable markets, but really if anyone buy here they must be ready to sit for years to come but you will never lose money on this investment as betsafe is bottom solid and have great products..
 
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Posted: #35

never worked a day in your life so that's not an option?  ridiculous

sounds like you're getting a well needed wake-up call, get off your ass, get a job and become a productive member of society

 
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Posted: #36
"but really if anyone buy here they must be ready to sit for years to come but you will never lose money on this investment as betsafe is bottom solid and have great products"

Statements like this scare me and would likely scare potential backers, ash. It's also a red flag because buyers will ask "well then why are you trying to sell"?

The best out for you seems to be to get a regular job. Yes I know you haven't had one in a while, but that's the best option. Get one for 2-5 years, ride it out until you can get money out of the betsafe investment, and then quit.

 
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Posted: #37

75 investors and not 1 is willing to pony up 20Gs....

I smell tuna.

 

 
Legend
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Posted: #38

Quote Originally Posted by kaponofor3:

"but really if anyone buy here they must be ready to sit for years to come but you will never lose money on this investment as betsafe is bottom solid and have great products"

Statements like this scare me and would likely scare potential backers, ash. It's also a red flag because buyers will ask "well then why are you trying to sell"?

The best out for you seems to be to get a regular job. Yes I know you haven't had one in a while, but that's the best option. Get one for 2-5 years, ride it out until you can get money out of the betsafe investment, and then quit.

Thats the part that is hard to reconcile....

Ash posts that this is almost a "no lose" type of situaiton - why not just find a way to make through the next couple of years and then sell out?  If you are worth 800K, sell your house and rent for a couple of years, or sell another asset....

If you are willing to sell an investment now for far less than what it will be worth in a couple of years - and that is your main selling point to potential buyers - it will be hard for them NOT to see an inconsistency there.

Just being honest with you.....

Support your local animal shelter. I am on twitter.
 
Legend
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Posted: #39
Quote Originally Posted by lbcake:

75 investors and not 1 is willing to pony up 20Gs....

I smell tuna.

 

20G's is 5% of what he thinks it worth.  So that makes 400G's, which probably means real value might be closer to 200G's.

But any way you slice it - I find the hardest part to believe is that he thinks this will be way more valuable than it is today but is willing to part with it on the cheap.  Red flag.

Support your local animal shelter. I am on twitter.
 
Covers Linesmen
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Posted: #40
ash - are you nigerian? have you been sending me emails lately about an inheritance?

this needs to be taken offline (off the main forums). if you want to talk offline to people here then do a friend request
 
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Posted: #41
ive paid more to society than anyone with a regular bad paid day job.. i dont have education or any special skills, either way everything is taxed so heavy and i spent so much than im contributing to society with loads already.. there is a option i could get job as delivery guy though so i can ask for money in the bank.. got this freind owning this messenger company..
 
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Posted: #42
ash -- are you even listening to me and Van? Do you see the problems?
 
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Posted: #43
Quote Originally Posted by vanzack:

20G's is 5% of what he thinks it worth.  So that makes 400G's, which probably means real value might be closer to 200G's.

But any way you slice it - I find the hardest part to believe is that he thinks this will be way more valuable than it is today but is willing to part with it on the cheap.  Red flag.

If this was a winning venture, the other investors would be lining up to buy him out.

 
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Posted: #44
maybe you can get a job at betsafe
 
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Posted: #45
yea i do.. but you havent asked to see financial documents.. i think the share im holding is more worth than $400k but obviously you need to get rebate since this isnt tradable ect and its investment for long term and gambling buienss is kinda uncertain ect.. but i cross referenced the number with unibet.. wich is roughly 10 times bigger than betfair with betfair financial documents and i come to a value of $800.000 obviously this is not realistic so the price i have come to is very reasonable.. but i need help i dont know this stuff..

 
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Posted: #46
Who is the CEO?
 
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Posted: #47
ive asked to get job at betsafe but they dont hire people residening in norway.. all labour runs from eastern europe at cheap costs..
 
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Posted: #48
Asian, is that you? 


Did you know that "dept" is the abbreviation of "department" and that "debt" is some thing owed?

You must not speak english primarily.

I have an investor here in Chattanooga that is always looking for opportunities.  As a matter of fact, he asked me last night if I had anything going...   You can fly in sometime and we'll see about this.  PM me when you're coming.
 
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Posted: #49
Henrik Persson is the CEO.. swedish guy..
 
 
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Posted: #50

Quote Originally Posted by ashdogs:

Henrik Persson is the CEO.. swedish guy..

He isn't the original CEO?

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